Posted by Ray Haynes at 12:00 am on Mar 04, 2011 Comments Off on I wouldn’t Count on Them if I were You
I like Alan Zaremberg, the President of the California Chamber
of Commerce. He is a thoughtful man in a very difficult
position. He knows he should be for small government and free
enterprise, but he oversees the Chamber of Commerce in California,
home of the Democratic National Socialist Party. One wrong
step, and the next thing he knows, union thugs are calling CalPERS
and CalPERS then threatens his board members with
disinvestment. Think of this, you are on the board of a
Fortune 500 company, and the largest institutional investor on the
planet (CalPERS) calls you and says if you don’t control that guy
at the California Chamber, CalPERS will pull its investment in your
company. You have nightmares about the drop in your stock
price, so you call Zaremberg and tell him to get with the
program. Zaremberg toes the line.
Zaremberg did it again this week. Vote for the tax
increase bill, and we’ll support you, says Zaremberg. He
doesn’t make it partisan. He says it’s a tough vote for
Democrats and Republicans, and we’ll support them all, he
says. But the implication is–We’ll… Read More