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Friday, January 22, 2010

Poll: 77% of US Investors Say Obama is "Anti-Business"...


From Weasel Zippers:

The worst and potentially catastrophic idea Obama wants to enact is the new bank tax which will place a levy not on earnings, but on the money institutions lend out. So if a bank lends a business $1 million the federal government would tax the $1 million (how and why is lending money a taxable event?), doesn't take a genius to figure out banks will drastically curtail their lending which could cripple any economic recovery....

Jan. 22 (Bloomberg) -- U.S. investors overwhelmingly see President Barack Obama as anti-business and question his ability to manage a financial crisis, according to a Bloomberg survey.

The global quarterly poll of investors and analysts who are Bloomberg subscribers finds that 77 percent of U.S. respondents believe Obama is too anti-business and four-out-of-five are only somewhat confident or not confident of his ability to handle a financial emergency. The poll also finds a decline in Obama’s overall favorability rating one year after taking office. He is viewed favorably by 27 percent of U.S. investors. In an October poll, 32 percent in the U.S. held a positive impression.
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posted by Pastorius at permanent link#

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