Corporate media push wrong story on Obama's relationship with business

[Enrique]

http://www.truth-out.org/corporate-media-push-wrong-story-obamas-relationship-with-business67543

President Barack Obama is hoping to “mend ties” with big business by speaking to the US Chamber of Commerce (COC), Washington DC’s top lobbyist. That’s the frame we’re hearing in the corporate media even though the President has extended the Bush tax cuts, recently named JP Morgan Chase executive and former COC board member William Daley as his chief of staff, and chose General Electric CEO Jeffrey Immelt to head the new “White House Council on Jobs and Competitiveness.”

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And yet The Washington Post claims that President Obama is speaking to the COC to “rebuild ties with corporate America?”

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“It’s unclear what is more mortifying: President Barack Obama choosing the club of America’s notorious job-offshorers to talk about the importance of creating American jobs, or his rallying of his fiercest political opponents to help him overcome the majority of Americans who oppose more-of-the-same job-killing trade agreements and pass a NAFTA-style deal with Korea that the government’s own analysis shows will increase our trade deficit,” said Lori Wallach, director of Public Citizen’s Global Trade Watch, in response to today’s speech.

“The US Chamber of Commerce audience must have been thrilled to have Obama push more of the trade agreements that both help them offshore American jobs and, given that most Americans oppose more of these job-killing trade pacts, can help them achieve their political goal of replacing Obama in 2012.”

The Economic Policy Institute estimates that the Korea-US Free Trade Agreement will cost 159,000 US jobs within the first seven years after it takes effect. Congress is expected to vote on the deal in the coming months.

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[KoKo]

1. It's disappointing.... what else can one say..