Biz braces for Dems Return to Power

[katty]

Business braces for Democrats’ return to power
Despite ‘gridlock’ forecasts, some industries face key policy changes

Nov. 7 -- With control of Congress up for grabs, pharmaceutical companies will be watching tonight's election results closely. CNBC talked to two analysts who follow the industry.
CNBC

MSNBC
more: http://www.msnbc.msn.com/id/15588305/

Updated: 2 hours, 28 minutes ago


John W. Schoen
Senior Producer


With late polls showing Democrats making gains — and possibly winning control of Congress — Wall Street is busy handicapping fortunes of investors, companies, industries and the economy. Though the two parties have very different views on a number of key issues, the likeliest outcome is another two years marked largely by legislative gridlock.

“What you’re going to get is a Congress that’s essentially tied — with a president that has veto power,” said Greg Valliere, an analyst with Stanford Research Group.

But businesses are already bracing for a change, making last-minute campaign contributions to Democrats and lining up out-of-power lobbyists whose phones have recently begun ringing again.

[aquart]

1. Pharmaceuticals are "business"?

Well, there's our first mistake.

[Commie Pinko Dirtbag]

2. "Braces for" what? Prosperity, like in the Clinton years?

Oh, I get it. Not getting to watch poor people's suffering increasing is UNBEARABLE!