Spider
01-12-2008, 05:02 PM
http://www.reuters.com/article/vcCandidateFeed3/idUSN1128828020080111?pageNumber=2&virtualBrandChannel=0
Open attacks on the business elite are seldom heard from mainstream White House candidates in America, despite skyrocketing CEO pay, rising income inequality, and a torrent of scandals in corporate boardrooms and on Wall Street.
But this year Edwards is not alone. Republican candidate Mike Huckabee, former governor of Arkansas, sometimes also rails against corporate power and influence, tapping a populist current that lies just below the surface of U.S. politics.
One business lobbyist, who asked not to be named, said Edwards "has gone to this angry populist, anti-business rhetoric that borders on class warfare ... He focuses dislike of special interests, which is out there, on business."
Another lobbyist said an Edwards presidency would be "a disaster" for his well-heeled industrialist clients.
After this week's New Hampshire primaries, where he placed a distant third behind New York Sen. Hillary Clinton and Illinois Sen. Barack Obama, Edwards might not seem so scary. He ran second in the Iowa Democratic caucuses last week, trailing Obama and just ahead of Clinton.
Edwards suffered a blow on Thursday when Massachusetts Democratic Sen. John Kerry snubbed him and endorsed Obama. Edwards was Kerry's vice-presidential running mate in Kerry's failed Democratic bid for the White House in 2004.
BUSINESS'S FAVORITE UNCLEAR
Asked which candidate their clients most support, corporate lobbyists were unsure. Clinton has cautious backing within the corporate jet set, as do Arizona Republican Sen. John McCain and former Republican Massachusetts Gov. Mitt Romney, they said.
These candidates represent stability to executives who have much to lose if November's election brings about the sweeping change some candidates are promising. Continued...on the site
Open attacks on the business elite are seldom heard from mainstream White House candidates in America, despite skyrocketing CEO pay, rising income inequality, and a torrent of scandals in corporate boardrooms and on Wall Street.
But this year Edwards is not alone. Republican candidate Mike Huckabee, former governor of Arkansas, sometimes also rails against corporate power and influence, tapping a populist current that lies just below the surface of U.S. politics.
One business lobbyist, who asked not to be named, said Edwards "has gone to this angry populist, anti-business rhetoric that borders on class warfare ... He focuses dislike of special interests, which is out there, on business."
Another lobbyist said an Edwards presidency would be "a disaster" for his well-heeled industrialist clients.
After this week's New Hampshire primaries, where he placed a distant third behind New York Sen. Hillary Clinton and Illinois Sen. Barack Obama, Edwards might not seem so scary. He ran second in the Iowa Democratic caucuses last week, trailing Obama and just ahead of Clinton.
Edwards suffered a blow on Thursday when Massachusetts Democratic Sen. John Kerry snubbed him and endorsed Obama. Edwards was Kerry's vice-presidential running mate in Kerry's failed Democratic bid for the White House in 2004.
BUSINESS'S FAVORITE UNCLEAR
Asked which candidate their clients most support, corporate lobbyists were unsure. Clinton has cautious backing within the corporate jet set, as do Arizona Republican Sen. John McCain and former Republican Massachusetts Gov. Mitt Romney, they said.
These candidates represent stability to executives who have much to lose if November's election brings about the sweeping change some candidates are promising. Continued...on the site
