Tags: Democrats 2016 | Hillary Clinton | Keystone XL Pipeline | Venezuela | ceo

Why Would a CEO Want Hillary?

By Monday, 01 August 2016 03:57 PM Current | Bio | Archive

The CEO’s primary mission is to maximize shareholder wealth. Part of fulfilling that objective is operating in pro-business locations.

In the world of free enterprise, one sinks or swims based on aptitude, effort, the ability to manage people and money, strength of brand, and loyal customers — with minimum government intervention.

Unfortunately, with an overreaching government and long list of progressive politicians hostile to business, we have little free enterprise in America. Yet, we are told to celebrate.

At the DNC last week, President Obama exclaimed: “I stand before you again tonight, after almost two terms as your president, to tell you I am more optimistic about the future of America than ever before.”

His results don’t support his glee. In the second quarter of 2016, America’s GDP grew at a paltry 1.2 percent, and home ownership plummeted to the lowest point since 1965. Worse, the so-called economic recovery clocked in as the worst in 67 years.

At the conclusion of the DNC, Hillary Clinton, a lifelong devotee of radical Saul Alinsky, accepted her party’s nomination for president of the United States. In her speech, she promised lots of largesse, including free college.

And, how did she propose to fund her free stuff?

“Now, here's the thing: we're not only going to make all these investments, we're going to pay for every single one of them. And here's how: Wall Street, corporations, and the super-rich are going to start paying their fair share of taxes.”

Fair share?

People earning $250,000 and above, filing 2.7 percent of individual tax returns in 2014, paid 51.6 percent of income taxes. Apparently, Hillary wants more.

Hillary talks incessantly about fixing income inequality. But, her progressive policies are the cause of it, not the solution.

If your house is ablaze, you call the fire department to extinguish the flames — not the arsonist who lit the match.

In every socialist country, there are two classes of people: the very rich and the very poor.

In Venezuela, the poor are fighting each other for food, while Hugo Chavez’s daughter is worth $4.2 billion from stealing the people’s money.

So, if CEOs are supposed to be capitalists, why do so many, like Warren Buffet, support capitalist-bashing Hillary Clinton?

Many CEOs live bifurcated lives: they compete, earn, and live as capitalists but talk and vote like progressives.

Over the years, I’ve observed five reasons for this bifurcation:

Ideology. Some are raised in secular-progressive environments, and, no matter how successful they become, they can’t extricate themselves.

Wealth-guilt. Others feel guilty about being wealthy and believe that speaking leftist lingo will assuage said guilt. Mind you, they wouldn’t deign to live like commoners, but they enjoy the illusory kinship with them.

Cronyism. By supporting big government, they can ingratiate themselves with bureaucrats and politicians to avoid IRS audits and get favorable deals. Donald Trump has bragged repeatedly that he bought politicians to get the inside track on whatever he wanted.

Popularity. Nobody ever got booed off a stage or kicked out of a dinner party for singing the praises of progressive policies and programs.

Personal safety. The wealthy worry constantly about theft, kidnapping, and vandalism. By appearing publicly as cool-talking progressives, they mollify the mobs and immunize themselves, at least partially, against such travesties.

But, CEOs didn’t support Bernie Sanders, a true ideologue. But, Bernie can’t be bought.

Hillary is a hypocrite: a lukewarm ideologue who can be bought.

Take the Clinton Global Initiative, part of the Clinton Family Foundation. Through 2016, it has raised $2 billion from corporations, governments, and wealthy donors worldwide — often through Bill Clinton’s speeches.

Pertinent example from “Clinton Cash” by Peter Schweizer: the Keystone XL Pipeline, which was to carry oil from Alberta, Canada, to refineries in Texas and Louisiana. Environmentalists railed against it — as did Hillary, initially.

Enter Toronto-Dominion Bank, an investor in the pipeline. It needed State Department environmental approval from then-secretary Clinton for the construction to commence.

She balked.

No problem. TD Bank paid Bill Clinton $2 million to give 10 speeches in Canada. Voila. Hillary approved the pipeline, which Obama ultimately vetoed.

Hillary Clinton’s proven, over many years, that she’s buyable. And, that is the chief reason a CEO would support her — despite her potential to ruin the economy with regulations, taxes, and leftist Supreme Court appointees.

CEOs may become part of the protected elite by supporting Hillary, but as her policies increase the lower class, how many will be left to buy their products?

Marc Rudov is a branding adviser to CEOs, and is the author of "Be Unique or Be Ignored: The CEO's Guide to Branding." He is the founder of MarcRudov.com. For more of his reports, Go Here Now.



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Hillary Clinton’s proven, over many years, that she can be bought. That is the chief reason a CEO would support her despite her potential to ruin the economy with regulations, taxes, and Supreme Court appointees. As her policies increase the lower class, how many will be left to buy their products?
Monday, 01 August 2016 03:57 PM
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