Click the play button to see what Jack and our viewers had to say.
FROM CNN's Jack Cafferty:
The Republican Party has long been the party of small government and free markets backed by big business. But that may be changing.
Incoming Democratic President Barack Obama is bringing in some big guns to oversee economic policy and has talked about a second stimulus package and a bailout of the auto companies as top priorities next month. And big corporations like what they're hearing. So much so that Peter Canellos, The Boston Globe's Washington Bureau Chief, suggests “big business” is shifting its loyalty to the Democratic Party.
Watch: Cafferty: Dems & big business?
The writing's been on the wall for quite some time. The Democrats out-raised Republicans in the 2008 elections. The financial sector alone donated more money to the Democrats, $65 million compared to the $59 million it gave Republicans. Big banks have long been supporters of the GOP.
So why the shift? Canellos points to the Southern evangelicals who he says have dominated the Republican Party and in the process driven away some very big contributors. Corporate executives who have big bucks but different beliefs have begun to migrate to the Democratic Party despite the threat of higher taxes.
And because many Republicans opposed the $700 billion bailout package passed in October as well as a rescue plan for the automakers, it looks like the GOP isn't going to win “big business” back anytime soon.
Here’s my question to you: What does it mean that the Democratic Party is becoming the party of Big Business?
Interested to know which ones made it on air?
Randy from Salt Lake City, Utah writes:
It means that nothing will change. We now live in a fascist nation where corporate profits are private and corporate losses are socialized. It doesn't matter who's in the White House, the corporations run everything. We're all doomed.
Jackie from Dallas, Texas writes:
To me it means that someone is swallowing the KoolAid, big time. President-Elect Obama, the titular head of the Democratic Party, has shown that he doesn't want his administration to be unduly influenced by big business. But it is foolish to assume or even hope that big business won't play a major role...where are those jobs going to come from, where are the products to be made here going to come from, if not from big business?
Gip from Florida writes:
Jack , Jack, where have you been? It’s how it’s done. Business 101 has nothing to do with politics. Both parties are corrupt and not going to change. They know Americans are not going to demand ethics and morals. We have none!
Brian from Trinidad writes:
The Democrats may not be the party of big business, but they have certainly taken on the mantle that they will sell out their mothers for the right price. I'm sorry, but I don't see the bright lights coming out of the Obama White House that so many of you media big-shots see. I think he'll be worse at getting the job done than Bush.
Richie from Wisconsin writes:
That's a loaded question. I don't think the Democrats are becoming the party of Big Business, I just think that they're becoming the party that's going to get stuff done, abetted by the Republicans. The markets can sniff out a dying breed when they need to, and they recognized the failings of the Republicans just like the nation as a whole did.
The Democrats and Republicans have swapped positions. Consider what has transpired over the last several election cycles, beginning with Reagan. Republicans appear to have adopted the position of being the party of Big Government. The more things change, the more they stay the same, just with different players.
Mike – Pueblo, CO
guess the same as the GOP is the party of low lives
Well, someone has to take care of Big Business for us. Left to the devices of the hands-off Republicans, we were all given the business.
It only means that Big Business and their lobbyists understand where the power is today. If they can corrupt the current crop, then they have better opportunities for the next two years.
Very few blue colar worker left, unions have no political clut; both parties are excessively influenced by lobbists who are overwhellmingly advocates for business intrests, and the rich who also favor bg business.
Finding it necessary to save the Big three, doing all that they can to help the business community and not Joe blue collar. Acting to late to save homes when they could have prevented the housing crises in 2006, but believed Housing was strong when it was faltering on top of an already week economy. While saying that the worker is important but talking only with business executives and union boss, not the common man.
Have you seen who the heavy hitters are for Obama? Dems are the big dogs on campus with full control, and lots of promises to keep. I know they have the potential to change a lot for the greater good, let's just hope this power doesn't go to their heads!
Jack, I tell you what I hope it doesn't mean – I hope the Democratic Party is not becoming the party of Corporate America! Let's leave that idealism to the Republicans. The Democrat’s need to remain the Party “of the People, for the People, by the People”.
Charlie, Atlanta GA
It means that the dem`s will be completely corrupt like the GOP before long.
Big business floats between both parties depending who is in power. Obama needs to make sure that he and his staff is not consumed by the special interest groups.
Does it mean the Democrats are liberals and socialists? If not, I'm getting confused.
It means that they have to bail themselves out. Dems are ashamed of their policies with Fannie and Freddie. Guilt is the order of the day.
It means the lobbyists have been hard at work.
Democrats becoming the party of big business means our economy is doomed. It's hard to have a market driven economy when 90% of the country holds 30% of the wealth. Don't get me wrong, I have no problem with people becoming rich. What I do have a problem with is some suit, who makes 1,000 times as much as his average employee, not earning his paycheck.
It means that Ralph Nader was right in 2000 and that he's still right. Corporations own the Republicrats. It's a giant two-headed beast talking differently out of both mouths but essentially doing the same thing. Shaking down the masses. The democrats do have a chance with all of these bail outs to finally differentiate themselves. They could use their current power to drastically restructure these floundering corporations to benefit citizens instead of just allowing them to perpetuate their oppressive ways.
The Democratic party is now the party of [fill in the blank here.] The Republican party has self-destructed by deficit spending, international aggression, moral values hypocrisy, and ruthless partisanship. The party's over.
I'm having a hard time defining Democracy( Closet "Neo-Socialist"), from Communism! That's what the (any political affiliation) Big Business's: Walmart's,Defence Contractors/Manufacturers,Citigroup's,Auto-industry,Layers upon Layers of(Unionized) Government Bureaucracy, FISA,etc.......remind me of,Jack!
Jack, you think that telling the big three automakers they need to come up with a plan is being friendly to big business? I do agree the Democrats had better keep on top of their ethical P's and Q's, or they will be run out of Washington even quicker than the GOP was this year.
Means that the Middle Class has been going down for years and now, it's done!
It tells me mega bucks can and will buy anyone, even anti-big business Democrats...
C.I. New York
I'm not so certain that the Democratic Party is the Party of Big Business. It absolutely is the only one for the little guy. The Lobbyists try to buy their way into both parties. Obama promised that the Lobbyists would not rule his White House. I do hope he keeps this promise.
I think that lately instead of Liberal vs Conservative, its become Regulators vs deregulators. The deregulators seem to think that companies and people don't need any regulations, that they can do whatever the market will bear. Which is what caused our latest problems.
One cannot say that the Republicans are for smaller government. And the Democrats are for bigger government. I believe the Democratic party is for helping the lower classes because the upper classes seem to be eating fine no matter what happens.
Jack. You have that all wrong. Business is always on the side of the party that is in power. By so doing they can reap profits and increase their fortunes to the detriment of the rest of us. Case in point, how America has operated since the early 1600's.
It means the Democrats now have "the change" they voted for.
Simple, simple, simple! It means that things will finally get done. So much foolishness and nonsense with the past administration was so dreadful. Big names and big responsibilites for the ones that is appointed and more importantly they all will be held accountable. It's the change that this country needs and that is exactly what this country will see.
Does this mean the big business is the American People?
It means that real democracy fades as the plutocracy continues to take care of themselves.
It means the the terms Democrat and Republican are now synonymous and we are all facing a political identity crisis. Sounds like a perfect scenario for the rise of a third party.
With the Jobs that have been gone to China & everywhere else in the world, there's nothing left here in the good 'ol U.S. of A. other than mediocre jobs, unless you are a professional, with a P.H.D. / Doctorate / Masters / or Rocket Science...
Anyone with any other education can get a job with the Board of Education / Hospitals / Banks / Hotels / Motels / Insurance Companies / & Malls / ( such as retail) anywhere here in the U.S.
Forget about Manufacturing, that's for sure !!
It means Ralph Nader may be correct when he says there is no difference between the parties. They are both driven by money, big money. If the Democrats carry it as far as the Republicans did, we will end up as a nation of minimum wage workers with threee generations of every family living together. Can we really give any more to big business? I know the rich will always be with us, but as Scrooge says, "are there no prisons"?
What is it going to get big business if they keep supporting republicans? They want bailout, they gotta support the people in power no matter what the party. Only the names and the party change. Hopefully, we won't get flushed down the toilet this time by big business and the democrats. It remains to be seen.
It means the democrats have been bought and paid for by BIG CORP and will cow tow to whatever BIG CORP wants. The people are not to be anything but the workers and should tow the line and keep their mouths shut. Oh, and up production by longer hours and harder work.
Big business is big brother, and Orwell was right.
It means that Big Business gives a lot of money to whoever is in control of making tax and business laws. Now that Decomcrats are in control of both Congress and the White House, they will now be the party of Big Business. The Democrats will also get Big Money, as the Republicans did before them.
Big Business has no allegiences, except to their shareholders.
What does it mean that the Democratic Party is becoming the party of Big Business?
Who said that they are becoming the party of Big Business? I don't see that.
What I do know is that you have to spend money to make money.
The Big Business Bailouts are a product of the GOP, their base, and that the Democrats have to complete the transaction.
However once Obama is president these transactions will no longer be string free .. Maybe some new job creations?
Jack I think both parties are the parties of big business. It doesn't matter which party controls government, it will remain the same.
The Democratic Party is not becoming the party of big business. It is showing that it is the party of the millions of workers who depend on big business for their livelihood. However, it is a crime that those responsible for the corporate greed, corruption and incompetence end up being helped in the process of ensuring that millions of people are able to hold onto their jobs. It is a crime that those responsible for our economic messes have become phenomenally wealthy in the process, and that they will be able to retain their ill gotten financial gains.
Big business gravitates in the direction of whoever is holding the power, and right now that is the Democrats. Hopefully, the Dems won't sell their souls to them like the Republicans did.
Propaganda, Jack. Big business hires more people, more tax base, etc. It's the American way – until it's shipped overseas.
Same Stuff...Different Day.
It means that nothing will change. We now live in a fascist nation where corporate profits are private and corporate losses are socialized. It doesn't matter who's in the White House, the corporations run everything. We're all doomed.
It means that someone has to do it. The Bush regime has failed at everything for the citizens of the U.S. Bush almost doubled the nations debt and that was before the potential of being on the hook for over $7 in bailout money. Where did Bush mismanage and squander almost $5 trillion?
If they say that the Democratic party is driven by big money, I believe that Barack Obama will change peoples way of thinking. From his background, he knows what it is like for the average American to struggle in these times and I believe he will do everything he can to turn that around and make it better.
Both parties are bought and paid for by fat cats. The only way to get around this is to have a third party candidate win. I would love to see that in my life time.
It means we, the voters, aren't doing our jobs. We just keep shooting ourselves in the foot by not paying attention and voting the corrupt and greedy back into positions of power, on both sides. Look how close AK came to putting Stevens back in. What were they thinking?
Right now the democrats are the squeaky wheel. They will get all the grease and oil they can stand from big business. That is politics as usual and not hope and change just more of the same. Funny how that is Jack. Politicians will say anything to get elected. If their lips are moving they are lying.
They always have been... and it's payback time.
Go read the campaign contribution listings and see for yourself...
as long as the legalized bribery of the lobbyists is allowed to continue in Washington, BOTH parties will be the lap dogs of the corporations BUT at least with the Democrates maybe the average American worker and middle class family will get some assistance too.
If that is true, then big business had best communicate with the unions and KEEP jobs here in this country!!!!
I don't think they are. Obama does not support lowering the taxes on business, which would allow them to hire more American workers and still make a profit. This is the simplest act that they could take to try to help out the failing companies. Instead of lending money to the companies, and making them more dependent on the government, why not just let them keep the money they made? How much clearer can it be?
I'm not convinced that is true. Republicans will always be the backers of corporate big business because they are the party of the rich and powerful. However, big business and the Democrats can't ignore each other either.
It means as always, that money is truly the root of all evils.
Perhaps this will help people understand a fundamental fact of American Democracy as it currently functions: The Democrat and Republican parties are subsidiaries of the same political corporation. Operating as a corporation their primary concern is to benefit the shareholders-which in this case is big business. Since they have a monopoly on their service-access to government-the concerns of the consumer (the voters) is of little concern.
This is why anyone who thought that the way our government operates with relation to big business and the commoner was going to change drastically with a new President was diluting themselves. Without the ascension of a Third Party committed to at least offering all of us a competitive choice with regards to our access to government-nothing will ever change.
Democrats and republicans are a party of lobbyists influence. Lobbyists means big business and big money. Neither party can step on lobbyists feet and expect to stay in power. Lobbyists run our country. The day that ends is a day we become a free nation in every sense of the word.
It means that the American people – those of us who used to make America work before we were thrown out of it – have no place to hide.
Of course big business has to be involved but believe our new
administration will support the people running our country,
not big business.
Required regulations will be reinstated and added to, fraud and
greed will be exposed and dealt with, unfair tax breaks eliminated,
environment will take a priority. Our government will be scrutinized,
downsized and waste eliminted. Lobbyists will not have their
once unjustified power. So, "big business" with a leadership of
integrity and honor, will become more humble and trustworthy.
Jack: Well, I would say that because of the "bailout" and the government acquiring ownerhship of banks and financial institutiions, it has become the party of Big Business by default. How could it not.
Cheney's secret energy meetings, Bush's preemptive Iraq war for oil and government contracts, I'd say the GOP is still the party of big business.
As I recall legislature for the people has come from the Democratic party, New Deal, Civil rights Act, spending programs targeted at the poor and in favor of enviromental issues.
i hope that the democrats will be bring jobs,baby, jobs!..every citizen deserves healthcare for good..i hope that the democrats start working more for their voters rather listening to political pundits because political pundits doesn't know how every family struggles in this country and stop worrying about their egos.
Jack , Jack,
Where you been? Its how its done , Business 101, has nothing to do with politics. Both parties are corrupt and not going to change. They know Americans are not going to demand ethics and morales. We have none!
People need to get a clue: there is no difference between the Republicans or the Democrats. They are simply the same clowns in different costumes. I don't mean to offend actual clowns with a real job...
The Democrats joined the Republicans as parties of Big Business during the Clinton administration, and the election of Obama hasn't changed that fact. No one represents the working and middle classes in this country – that's why their incomes and standard of living have fallen during the last fifteen years while the rich have gotten richer. "Commissars and pin-stripped bosses roll the dice, any way they fall guess who gets to pay the price."
Who else is left?
Jack, big business will line up with whoever has the power. Since Obama has promised to elevate the middle class and offer tax incentives to those businesses that do business primarily in the U.S., then you can expect big business to either get with the program or lose out.
Jack, big business will go where the power is and so will the military industrial complex. Meet the new boss, same as the old boss.
Port Aransas, TX
It just means they are in charge! The power will go to there heads like the Republicans in 04 and the voters will then put the GOP back in charge in a few years. Our system is a perfect system it makes sure no one party gets too much power for too long
Who do you think will finance a third-party to win? People? Not enough money. If a party gets big enough to have clout, it has big business involvement. The key is to make sure that that involvement doesn't overshadow the people. I don't think it has in the Democratic Party - not after seeing how President Elect Obama's campaign was run, and how he is financing his transition. I'm a political skeptic, myself, but I DID see differences this election, and think we will see difference for the good in the new administration.
because, they care the public peoples and put country first .
Jack – it means they are no better than the Big Business Republicans we voted out of office. If they are pro business and pro jobs then they will have to prove it. They will also have to bring the big salaries into line.
Through gross ineptitude the Republicans are now effectively in the same league as the Libertarian, Independent, Green, and other mosquito parties. As a result, the Democratic Party is the only major party left for big business to turn to when they get in trouble. In spite of past differences, I'm sure they will be well taken care of by the new administration.
It means we all should have voted for Ralph Nader.
They are not the party of most big business , just the ones that give them lobbying money. They want this bailout money to go to big business as a buy in to push their socialistic views. I find it amusing that the people and business that are crying for handouts along with their governors and mayors are all practically from the liberal northeast, upper midwest (north) and west coast. They have elected these democrats as their mayors , governors, congressmen and senators for years and they have been going broke for years . In Texas we elect republicans and we have a state surplus. All I got to say is just keep electing them liberals and all of you can go on welfare.
Jack businesses seem to be what ever it needs to be to set in their ways of getting their way. Look what car CEO's are flipping their ways they will become what ever party it takes.
It means there is no difference between Republicans and Democrats and we need a third party that represents the people.
It means that the Democrats have bought into the Republican mantra of deregulation. It means the Democrats who've been elected have moved to the center to do so. Most of all, it means that big business has started buying Democrats as well as Republicans.
The Dems are just filling the void, the GOP is now the party of outsourcing and foreign interests. The real shame is that the US citizens have been abandoned.
I don't care if the Democrats become the party of big (and little) business. I just want the Democrats to remain the party of honest and well regulated business.
Dems the party of big business? What a joke. Look at all the last minute regulation garbage aimed at benefitting big business in the works for implemantation by Bush and corporate slantees. Including opening public lands like Southern Utah (National Parks), for oil drilling. I don't believe I have ever seen such greed and open disregard for the public trust. But you've got to pay off those fat cat donors right.....?
.....Where's the outrage?
If they are becoming the party of big business in the US they better hurry to get their perks because at the current rate there won't be any big bussinesses left at the rate their moving to China and India.
It means one of two things. Either the government will run like a well organized business, capable of righting all that's wrong with our economy. Or, I'm purchasing stock in KY brand lubricants so I will benefit from the continued pounding I'm receiving from the economy.
Big Business has just realized the error in the Republicans business plans. With ever shrinking disposable income for Middle Class and Below less and less people have the money to just go out and splurge. But by increasing the income of those same groups, Big Business realizes that sales will come back and so will profits.
As long as big business controls the purse strings,the rest of us are screwed.
As far as the Democrats being the "Party of Big Business", that will only last until the Dem's begin to raise corporate taxes (along with everyone else) in order to "Spread the Wealth".
What do you mean "becoming"? I thought both parties get their fingers in the big business pie, whenever they get in power. Maybe the Democrats are more likely to trickle a little down our way, but both parties have to dance with the ones who brung them.
No I do not. I think the Democrats are for the working middle class. They are not for lobbyest telling them what to do and say. I think that you have confused the Democrats with Bush, Chaney and their gang. It is too late to bring all of our manufactoring back, that is what we need. We will have a hard time getting the big debt paid off that the Repubs made. You need factorys to build something, for our country to sell. We need to give the new Administration a chance.
Where did that come from? I believe the Democratic Party is the party of people and small business. Big business has abdicated their rights to power in so many ways. They need to be picked apart and brought under supervision. There is no human being alive who deserves to become so rich and powerful as those who make the money the CEO's get. The same goes for the companies they run. We have a chance, now, to bring things back into balance and I hope it will happen with the new administration.
Fifty years from now, school children will be reading in their history books about the transition of power from the Republicans to the Democrats under the banner of "change". They will make jokes about how stupid we were back then. We just took our chickens away from a wolf and handed them to another wolf who promises not to eat them, never mind the drool coming from his mouth. Expecting the Democrats to fight big business would be expecting the wolf to go vegetarian.
It means that there really isn't much difference in Party ideologies, only the means to pacify big business is different. It will be the awakening of you, me, and all the American people that will make change, this is where the true internal power will one day come, as it is meant to be.
All of politics is big business and the democrats definetly rose to the challenge and overcame it. Republicans need a "time-out" to reflect on themselves after offering McCain/Palin as competent representatives. I think about eight years would be a good start.
Absolute corruption of both parties......time for a new movement!
well if they do any thing for big business, it will be something that will also help the working man and god knows we need it after 8 years of being bullied by GW and friends
What it means is America only has two parties that are the right wing party and the extreme right wing party.
Anyway better to be the party of big business than the party of the oil magnates and religious zealots.
The Democrats will never be the party of Big Business so long as they keep pushing massive corporate tax hikes and stifling government oversight. The only reason Big Business is snuggling up to them now is that the Democrats seem to be handing out bailouts faster than a Christmas turkey. (Although, companies will surely need the handouts next year when their tax rates skyrocket.)
It isn't. It is the party of progress, requiring business, labor, and ordinary folks to work together. If Obama can't do it, no one can. Time will tell.
Absolutely not. You must be thinking about Bush, Cheney and the wealthy, rich, fat cats, that he gave welfare to. That is BIG business.
Big business loves a party!
Thy crash the party, wait till one by one they get drunk with power, then the lobbiest pounce, and have their way with them!
Same old story Jack!
It means we need to get the lobbyists out of Washington. This was supposed to be a government "of the people, by the people, for the people"–not "of the Lobbyists, by the Lobbyists, for the Lobbyists.”
I can't answer that question until you tell me who big business is. A "business" is not human. The executives, boards, and major stockholders are the people who run big business. It is these wealthy and powerful people who, in near anonymity, practically run this government, regardless what party is in power. It is their money that finances their campaigns. It is their employees who lobby our elected officials and more often than not actually write our laws and regulations. It is their employees of past, present, and future who are our elected officials. That is what needs to change. That is what Obama was really talking about.
The party of big business? Really? Just a month ago they were the party of socialists who just wanted to spread the wealth around. Now it's big business? Make up my mind, please, because I'm having a hard time keeping up.
Both parties are bought and paid for, what difference does it make who pays for them?
Kenneth Chadbourn N.C.
We had to go somewhere when the Republican Party became the 'Party of Big Religion'.
All it means is that CEO's are changing their party affiliations trying to get a better deal, but we will NEVER be answeable to big business as long as there are poor families on our side and Democrats do represent the working class and the poor.
Pres.-elect Obama isn't even in the White House, yet! Just because he wants strong people around him doesn't mean anything except that he wants people who can hit the ground running on Jan. 21. If he was for big business wouldn't he have been in favor of just handing over whatever the big 3 wanted? I think someone is trying to get people all worked up before he even gets a chance to do anything!!
I didn't know they were becoming the party of big business. First of all, I have to know who says that and, secondly, what they use as a rule of thumb. We all know how big businesses and ceo's profited under Bush/Cheney and I doubt the democrats can get near that already.
I hope not..big business has done enough and gotten rich enough...democrats better wise up or they will be out on their asses next election..independents are rising...no party faithful I talk to
both parties serve the interests of corporate america. The rich provide the jobs and in turn government officials serve the needs of corporations so they keep providing those jobs. Sooner or later fear mongering will run stale and our government will have to find another way to keep the working class people from attempting a revolutionary coup– in an attempt to reform the elitism in our leaders.
Time about fair play, the republicans have had big business in their back pockets for years, guess we will just get the lobbyist money spread around.
The difference is this: under the Republicans certain businesses enjoy tax favors and special status under the law, usually formulated by business-supported lobbyists, while under the Democrats certain businesses enjoys tax favors and special status under the law, usually formulated by business-supported lobbyists.
Jack, I'm not sure. I'm so sick of big business' influence & what it's netted this country lately that I would hope the Dems are still the party of main street as they campaigned.
It means what I have been saying for decades. That is "there isn't a dime's worth of difference in the two major parties." Big Business picks the Democratic and Republican nominees for president early in the electoral process by funnelling huge amounts of money into the campaigns of their two choices. That way, regardless of who wins in November, they have already bought and paid for him. The same thing happens in congressional and senatorial elections. We don't elect our president – Big Business does!
Hopefully it means extinction of the Republican Party we have grown to distrust over the last eight years.
It probably means that lobbyists will continue to run our government. Or, on a more hopeful note, if big business abandons the Republican ship maybe the days of the Republicans kowtowing to the religious right will be over that much sooner.
It means that Nader has "always" been right! There is absolutely NO difference between the two parties. They have been entrenched for too many years. Corruption has filtered in over those many years.
Congressional officials are much to comfortable with the status-quo; their theory is: "Don't rock the boat!".
A new era for coirporate welfare.
The past eight years–the energy comanies and defense contractors netted big government freebies.
The next eight years–construction, health/medical/social corps, and financial services will be the big winners.
Maybe big business feels what 52% of American voters felt when casting their votes in this past election... They feel the possibility of hope, the promise of change, and the energy of our new President Elect.
Businesses contribute money to both parties. This year it looked like the Dems were going to win so, of course, that's who they backed. Campaign finance reform will not fix the problem, because businesses will just run 527's. The only solution is transparency. Put all financial transactions and all votes on-line.
Tim in Texas
The GOP has destroyed all business except for the super rich that they continue to give our money too – so it means real businesses that support real jobs realize the need to be a part of the solution that Democrats have always offered when cleaning up GOP disasters. Just like when they cleaned up the last depression the GOP led us into.
Jack: It means that there is a Rove style undermining underway which lacks substance. Obama may need to take some big steps to fix what big business has gotten away with: e.g. the auto industry, financial services and the oil industry. The best comparison is to compare this to handing gang members a bucket of paint to cover over the graffiti they caused. The auto industry and banking system are being given the buckett – and they better not make another mess in the future!.
Jack, It means "Money Talks" It always has . Those that have it , get what they want. Those that don't get the boot.
It could be good and bad. It could be good in the way that republicans will no longer get the support they need to continue their unsustainable policies. It could be bad if Obama's team is quick to give corporations what they want at the expense of the American people. The current situation with GM is a good example. GM shouldn't be given help unless they are willing to make a car that is identical to the EV! from 1996. Currently, they are trying to hoodwink the American people with the volt. The volt only has a 40 mile range. That's a hundred miles less than the EV!. Who do these clowns think they're fooling? GM needs to get out of bed with big oil or get out of the auto business!!
Quinton in San Antonio
Sure, just as much as any other party in power. Big Business is going to cater to the party in power, just as they did with Bush/Cheney and the Republican house majority before.
To paraphrase the late Bill Hicks, "I may share beliefs with the puppet on the left, or I may share beliefs with the puppet on the right, but there's one guy controlling both puppets!"
I think democrats are trying to create jobs and are not giving big business a go card so they can regulate themselves which in the past
No the Democratic Party is the party of big government, the republican party backs big business. Hopefully the day of partisan politics is almost over anyway but in the mean time the Republicans are definitely the party of big business.
Show me a pro-union Republican party and I'll show you some ocean front property I have for sale in Phoenix.
St. George, UT
This is nothing new, but it is very unfortunate. That means that there is no real representative for the working man in America, even though the Republicans would like the worker to believe that they are on their side. The Democrats are proving that they really aren't much different from the Republicans after all.
The Republicans have demonstrated themselves as delusional, out of touch and anti everything. It is no wonder that nearly everyone is embracing the Democrats as the only rational alternative.
It means they are serious about fixing the Economy. You need a 1 trillion dollar stimulus package aimed at increasing the nation's productivity and reviving business. It scares me all this talk about a package aimed at increasing consumption of goods (like from China) and infrastructure (Who needs it if business is dead?). We have got to start making things again ! We need reduced operating costs (read energy independence). Spending money won't just do it. Spending it wisely well. Ralph, Yakima, Wa.
Big business isn't any stupider than the rest of America. They know they are in a ditch when they have to look up to see daylight.
Halliburton made money in the past eight years, but can you really call no bid contracts a business, and since they moved their headquarters to Dubai can you really call them American?
Jack , It means the Democrats and the Republicans have failed to understand the change that the American people have been voting for. This May be their last Chance! The people are tired. They are tired of working to hard for to little for to long. If change can't come from the top it may have to come from the bottom. Isn't that what gave birth to this Nation in the first place
Simple Jack! It means they relfect all of America, big, little, white, black, brown, and yellow. Pro-choice and pro-life. It is about moving America forward. People begin to understand that praticality does not always agree with my personal views and everyone does not have to agree with my personal views.
I guess the "base" has drven away the big money from the Rpublican Party. Corporate America doesn't really care much about aborton or gay marriage, neither are real money makers. They are more interesed in working peole buying ther products which means they have to hire working class people to build them. As they say, in the end, money talks.
What does it mean? For big business it means one thing: B-A-I-L-O-U-T.
If the Democratic Party can be the "Party for All" it will do just fine, that includes doing business with big business, but if it should be taken over by one set of interests like the Republicans have by the Jesus freaks and the Democrat were once taken over by the Far Left then the present day Dem Party will not last long.
I don't get the panic over lobby reform – of course there needs to be rules including oversight and transparancy, but there are lobbiests for Green Energy, for MADD, for Children's Welfare, Against Genecide, Border Protection – lets not over-react with a "throw the bums out" mentality – here's a plan, lobby groups contribute to a National Budget Fund in order to approach the Senator or Congressperson they want to talk to, its on the record and no gifts – no favors, just credit given to the State represented. Lynn, CA
I just love it when people whine and complain about the so-called Democrats and so-called Republicans but keep stepping into voting booths and electing the same clowns over and over and over again. Truth is that there are only very minor differences between the two and NONE of them are beneficial to the average Joe or Jane.
President-Elect Obama is for big business specifically, he is for all American businesses. Obama realizes that it is going to take all American businesses to help America fix this huge economic problem that George Bush has left us.
Big business, small business, and consumers ready, willing, and most importantly able to buy, drive our economy. We are inter-dependent. What is good for mainstreet is good for wallstreet. Somehow we have come to believe "spin" is more important than "honesty". We are all in this together.
It is NOT the party of big business. That's a myth.. The democrats and there relationships with Unions has destroyed American business.. Just look at the big three automakers..
Big government + big business + control = fascism
Are we going in the right direction?!?!?
The Democrats are the party of big business, along with the Republicans. The New Deal Democrats died when Reagan came in, and in their desperation the Democrats decided to adopt the Republicans' tactics.
And that's why the two-party system fails – they don't want to represent different ideas, they just want swing votes.
The myth against Republicans is just that. The Democrats have more millionaires in Congress, and they have every bit as much Big Business money! Now and forever!
Like serpents at the zoo, Jack. Do you really think it matters what color hat the attendant feeding the snakes is wearing? It's Congress that has enabled tax dodging off-shore corporate headquaters, .... countless jobs shipped overseas, ... environmental regulation loop holes,........ on and on. So,....... whoever is currently in charge of the meat pan....... will get the corporate bucks!
Democrats mean Big Business, history will show you that. But what I'm concerned about is Big Government. The Democrats look like they're heading in that direction, and I don't have much faith in our government, so in my opinion we're heading towards a "bigger" problem.
Wow, you have some real doom and gloomers here. I guess you guys forgot that Obama has been going out of his way to select people for his Cabinet and for other positions who have stayed away from lobbyists, which has encouraged more and more Democrats to avoid lobbyist contributions.
I am not naive enough to think that Democrats aren't going to take money from lobbyists, but isn't the Democratic Party the one who is advocating higher taxes on the rich and better environmental standards AND socialized healthcare? Obama ran on those issues, and people elected him on those issues.
Maybe Big Business is bowing its head to the Democrats as much as the Democrats are bowing their head to Big Business.
Running a country is exactly like running a business. You have to bring in more than you spend. For the last eight years it has been monkey business.
Maybe it means that big business is starting to wise up, and get some morals?
Big business has always controled both parties so that they always have a foot in the voting process.
It means something is severely wrong with the Republicans.
Big big Money...
...Big Big Change.
Even big business knows that what is good for the little guy will trickle up to them.
If there is no money at the bottem to spend then there is no money in the coffers of big business.
Pragmatic and pratical tycoons will recognize that an Obama presidency will be good for them too. Aren't their profits tanking under the republicans right now?
It means " the more things change, the more they stay the same", not my original thought, but it still applies.
Wall Street supports a candidate or party for two reasons – it helps their bottom line or increases their personal wealth. To think Wall Street does anything for altruistic reasons is naïve.
Of course the democratic party is becoming the party of big business, business will go where ever the money is. And for the next 4 years the money is in the hands of the democrats!
It means that the Regan bust up of the unions has finally come home to roost, and the chickens that support that line are out of touch .
The Republican will soon become a one issue (social conservatism)party. Hopefully, this will leave room for a third progressive/green party.
Well, Jack, I think if the Democrats are now the party of Big Business, it shows maybe these companies aren't so heartless after all. Then again, maybe they've just seen the turning of the tide and plan to ride this wave until it comes crashing down. We'll see how the Obama Administration handles them.
It means that the Republican Party really represents ever fewer members of our society. Pretty soon all those moderates in the middle, which means most Americans, will find that the GOP represents factions and not people or mainstream interests.
Sadly the GOP has been a Party of fringe factions for too long. It doesn't even represent traditional Republican views any longer. It's just taken many Republicans some time to figure this out. Those that haven't may find themselves without a real Party real soon. Wake up Republicans... or better yet... don't.
It means that even business leaders are now admitting that trickle-down economics does not produce an economy that benefits all; it simply benefits the rich.
Regarding the proposed auto industry bailout, Democrats are probably influenced more by the unions than the management-unions have always wielded significant power in the modern Democratic Party. Nothing new, and hardly a sign of big business control-if anything, it must be a sign of big union control.
Big business gave more to the democrats in '08 because the Democrats were going to win big. That was what people said in the beginning, and that's what happened. So what? America gave more to the Democratic party and, especially, Gave Barack Obama more. Why should big business be any different. Everybody loves a winner.
This on proves what has been obvious over the past 3 decades. The Democratic and republican parties are simply opposite sides of the same party. Whats more important is this proves our Government is not working and was never meant to be a two party system for this reason. Lets see big business back a party to bring back American jobs and dismantle NAFTA.... not gonna happen.
Jack, With the current mess the Republicans have gotten us into, the Democratic Party maybe the party of the future big and little business. One thing is for sure more crooks carry checkbook instead of guns!
It means they got caught with their hands in the cookie jar one too many times. Now they're bargaining for more cookies by asking for billions of dollars in relief with an empty promise of taking $1 salaries. Did anyone interview people sitting behind the "Big 3" executives to see if any fingers were crossed behind their backs?
It means that now Democrats are in power and running things in DC, nothing more. Big business plays ball with – and tries to control – the party that's in charge. The Republicans are out of power and can't do anything FOR big business, so they're now 'best friends' with the Democrats. Big business made out like bandits under Bush – billions in no-bid contracts, roll backs in regulations and oversight and pretty much whatever their hearts desired but now the Republicans are out – it's that simple.
This just goes to show that the misguided orthodox economic ideas of Adam Smith are still alive and well in the Republican Party. It is consistently more important to conservatives to keep these free market ideals alive than to analyze economic situations from an objective point of view. The bail outs don't prove Democrats are the party of big business; it just proves that they understand how important our financial institutions are to every American's financial well being.
It means the party that brought us a VP that is in charge, 9/11, WMD, two unsuccesful wars, and the economic meltdown is no longer trusted or wanted.
What's good for big business and good for people are not mutually exclusive - it's greed that kills. The problem we have now wasn't caused by good business practices, but by unabashed and unbridled greed which has brought the system to its knees. With proper focus and reasonable controls in place it can work. The definition of a good business deal is one that benefits all parties involved. We need to get back to that premise. It can be done.
It means that the pendulum has swung. Big business is expecting the same treatment from the Democrats as they did from the Republicans. Their motto is now, "Stay out of the Bushes."
It remains to be seen if they weild the same amount of power in the New Congress and Administration.
All I can say is that these are the same people that helped to bury us by sending our manufacturing base overseas, weakening the economy and putting our national security at risk as they gave our manufacturing secrets away.
It shows that even most of the Republican backed big business likes the appointments and clarity that the President-Elect has chosen and his method of keeping a wide variety of choice and options so he can make the best decision for the entire country. The left over neo cons in Congress just wany to obstruct the new Congress and President Elect just to satisfy their ideology that now is proven to be a total failure. I'm praying for Jim Martin and Al Franken so we can recover and make progress from the last 8 years of corrupt government.
It is inevitable that the Republican Party will be going the way of the dinosaur, all but disappearing except for the mention in history books.
Republicans have refused to evolve with a changing nation and people.
Survival of the fittest, right? Anybody remember the Whig Party?
It means that the democratic partys going to follow the same path the republicans is on. I can't believe the democrats are falling for this Big Business Welfare thing. It's really ticking me off Jack. Anyone with common sense can see our economy is like a pyrimid, if there is any bailout it should be given to the US taxpayer. With that in mind you will have a stronger base for your pyrimid to stand on, or else it will crumble.
It means I was right over ten years ago in leaving the Democratic party. I stated then and still do, Democrats and Republicans are switching positions in what they stand for. Democrats are selling out this country to big business, illegal aliens and who ever else comes along to buy them. Republicans aren't much better.
Big business is notorious for sucking up to the guys in power. Now it's the dems. Let's see if they can handle themselves like grownups.
Jack, do you think big business would need some of our (we the peoples') money so they backed the party heavily favored to win or do you think they truely are favoring democrats . My bet is on the BIG MONEY (maybe Republicans again in '12)
The Republican party is based on freedom and equality of opportunity. Southern evangelicals also believe in these things as well as a strong stand on moral issues. Big business has never believed in equal opportunity and that is why they practice mergers to create big companies that can monopolize markets and eliminate freedom and equality of opportunity. Remember Teddy Roosevelt and his anti-trust stance! True Republicans are very anti-trust and favor small businesses and individuals over huge corporations! True conservatives do not favor bailouts. Many big business CEO's have lost their morals (look at their "arrogant" salaries!) Huckabee/Palin- 2012!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! These are the two true Republicans!!!!!!!!!
The Democrat values and vision for this country will benefit not only the people, but big and small companies. For starters, we want to fix the health care system in a fair and common sense way that will not further burden businesses. Corporations are not religious, and since the Republicans have morphed into religious extremists with no vision except to abolish abortions and impose their religious doctrine on everyone else, there is no benefit for them anymore. And like you said, we are in power and willing to work for the betterment of America and what is good for the middle class is good for the country (i.e., corporations).
It's not a matter of the Democratic party being pro-business, it's about the Republican party no longer being pro-anything. The narrow-minded Republican party of today is focused on being against things – petty things like abortion and gay rights – and not being proactive on anything that the Republicans used to stand for.
It appears as if the Republicans are a Party Lost! You continually hear them contradicting everything they have said in the past. They are now the Party of "Free Trade", not Fair Trade. The Party of closed borders, but not isolationism! The Party of tax cuts for the wealthiest and nothing for the rest! Health care is a privilege not a right! Force is power, words have no use! Jack, it is time for a new Republican Party, this one is toast!
I don't know who it was who said, "The business of government is business" but it certainly applies to to the state we have been in for some time. Does anyone really believe that our representatives and our executive branch really represents the interests of ordinary Americans? I could live with the Republican Party representing the interests of the corporations but if it's the Democrats that will now carry the water for big business' interests, who will represent the little people?
It means that big business has determined, and rightly so, that they would fare better under a secular government instead of a theocracy
Jack it means that our voice [the blue collar worker] is going to be drowned out again I was under the impression that democrats were for the working class well I guess that was the old days
As one who "saw and bemoaned the beginning", of US Business' "CLEARANCE SALE" to Taiwan, Korea, Singapore, and Malyasia, in the early '60s; STILL DO I HAVE a measure of confidence - that "if" business leaders listen to,and heed", the realistic /common sense approach the Obama Administration is committed to take - we can yet salvage an industrial prominence equal to that we earlier prospered, in!!!!
Tighten your seat belt and long for the Journey.
The Democratic Party is not the party of Big Business. It is the party to which Big Business is switching its support. Why? Because they know a market shift better than most folks and they saw this market shift coming. It is really that simple. Business folks, by their nature more than anyone, do not want to be on the losing side. Combine with this that they really don't care as much about the social issues that have become the focus of the GOP, and you have to go no further in the analysis.
the democrat Party is not having a party, they are doing what they have to do to help the economy (including big business) if other countries are doing it, why can't we, go! Democratrs go! Barak Obama!
Bill Clinton was right when he said the past two decades have been a big experiment. Good times under his administration, bad times under the fully realized Regan republican administration. Now's all Barack has to do is bring back more good times, and that'll be the end of the Moral Majority and Reganomics for good.
It means Big Business likes welfare and knows that backing Democrats is the best way to keep the gravy train rolling right now. When the taxes start going up, though, they'll look for new politicians to purchase, er, I mean, to back.
It means that Big business in order to remain "BIG" has always adapted in a manner to maintain or make more profits. Adaptation is defined as changing along with a changing environment. Often this is called progress. When the Republican party embraced the evangelical right, it maneuvered this group into the position of the Republican heart. Unfortunately by doing this it also opted to aligne itself with a regressive and reactionary doctrine. This means that with its conservative and excessively cautious nature of the followers of Evangelical doctrines, this new heart of the GOP began peeling away the different factions of the Reublican party who were not in agreement with their positions. One by one different factions of the GOP were peeled away like leaves of an artichoke. Big business was one of the leaves that was peeled off leaving it in need of another Party. Since Dems are the other great party of this country, logic determined that they would inherit the new and improved "Big business" group.
Just wait after the second quarter reports for 2009. Everyone will be casting the same shadows of doubt of Bush on the Obama administration.
Well, good business endeavors often translate into a happy America.
This is a happy America that feels they have given that quintessential lending of a hand to their government without waste. The sense of participations sprouts from the truthful words spoken by Barack Obama from the campaign trail during the Election, which looks to now be coming to fruition.
The Republican era is finally taking a sidestep to the new kids on the block, and I believe it will stay that way for the next eight years with President Barack Obama.
It does appear to me that a few exec's are finally starting to realize that the disappearance of the middle class and their ability to buy goods and services will eventually effect the (stated) wealth of their company, which will in turn effect the salaries and (rediculious) benefits that exec's enjoy today.
It doesn't mean anything. Nothing is going to stimulate this economy until the taxpayers are given their well deserved 700 billion dollar bail-out. Then whatch how fast the housing, credit and the stock market, along with everything else rebounds.
big bussines or small someone have to fix this economy and we need money to get it fix
It means that big business has enough money to buy off both parties and the poor working man will have to compete with the third world for a job. People in China will work for thirty cents an hour how long will it be till nothing will be made here? Who will be left to buy what these corporations are bringing into this country? Stop free trade it will destroy our country.
It appears to me that there are too many 'Americans' that would rather see my goat dead than work hard to get a goat of their own.
These big businesses were not always so big. How do you think that GM, IBM, or Wal-Mart started? They weren't always big. People had to work hard to get these 'big businesses' where they are today. Now they are just as lazy as the peolpe and union workers(where applicable) working for them. Everyone wants something for nothing.
Jack, what it means is that big business (and any big contributor who isn't tied to a particular party) is throwing money at the Democrats in hopes of buying influence the way the Republicans operated. I hope the Democrats have more respect for the little people who elected Obama than to be bought by big business.
Well Obama won every other demographic-other than the angry racist vote, so it's not surprising big business goes with him as well. I mean look at the alternative.
The voice of the Blue Collar worker has been drowned out during GW Bush Republican Administration with the outsourcing of jobs. The voice of the Blue collar worker has been drowned out during the Reagan and Bush administrations when the Middle working class almost disappeared into poverty thanks to the trickle down economic policy of Reagan. It is the GW Bush Republican Administration who has given more than 4 bailouts that amounted to around if not more than a trillion when you add them up to Wall Street companies who only produce a lot of hot air and hysteria. But since Obama and the Democrats want to consider, they haven't decided yet, to help the car manufacturing company that at least does produce a real product, everyone especially Republicans cry fowl. Where was that voice when Bush said, "To delay the bail out for American economy is UnPatriotic". Why didn't they disagree with bush with Bail out for Bear Sterns? Or the Second bail out for another financial bank or the third bail out for Leman Brothers? And why smear Obama before he is sworn in as president on January 20 2009?
...the Republican business people have finally figured out that the deficits during a Republican administration are higher than during a Democratic administration...and...all things considered...they would rather raise taxes to cover those deficits than pass them on to their children's children...
Big busiess is always part of our society. The difference between Democrats and Republicans toward big business is "social responsibility". From Democrats' point of view, making money cannot sacrafies other important things to our society, such as "poluting the environment", "shipping job oversea", "creating tax shelter on other countries",...
They always were. Only difference was the specific businesses were different. Reality is both parties are run by big businesses, they are just different businesses. The ultra rich Dems are about to make windfall profit in their various industries as the ultra rich Republicans have been doing for the last few years.
All it means is they have brains Jack. They (Big Business) watched the country go down the toilet over the last 8 years just like you and I did. Its time for a change and everyone knows it. To everyone else please give Obama a couple years before you pass judgement. The man isn't even in office yet!
Jack Cafferty sounds off hourly on the Situation Room on the stories crossing his radar. Now, you can check in with Jack online to see what he's thinking and weigh in with your own comments online and on TV.
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