The New York Times 2010s: on Corporations


Dan Malloy: Invest state funds in businesses that preserve in-state jobs

[In a debate] at the Garde Arts Center in New London, chiding Gov. Malloy for Connecticut's sluggish economic growth, Foley said: "You did run this state into a ditch. You've broken this economy." He added, "You simply don't have solutions."

Complaining about what he called overly generous state investments in corporations during Malloy's tenure, Foley said, "The idea of the governor and his staff negotiating with a very sophisticated group of businesspeople--I'm a little worried for Connecticut taxpayers."

Foley listed corporations he said had eliminated jobs in Connecticut over the last three and a half years. Malloy countered that the decision to invest hundreds of millions of dollars in businesses had preserved jobs in the state. Somewhat awkwardly, he specifically defended his dealings with Pfizer by noting that the daughter of the company's president "was an intern on one of my campaigns."

Source: N. Y. Times on 2014 Connecticut Gubernatorial debate Oct 17, 2014

Jeff Bell: Low interest rates favor big businesses over small

Bell [wants] to draw attention to the issue of the Federal Reserve setting artificially low interest rates, which Bell says allow the federal government to run up trillions in debt and also benefit large corporations and investment banks; they stagnate the economy because they prevent small community banks from giving loans to small businesses and start-ups.

"It isn't profitable for them to lend to a business with a certain amount of risk with very low interest rates, so a lot of the lending that would normally set up lines of credit for small business are on the sidelines." Because small businesses are the biggest job creators, the lack of available credit hurts the labor market, he said.

Bell's proposed solution is to return the country to a gold standard, in which a large percentage of the US dollars in circulation are required to be backed by the corresponding value of gold in reserve. He believes doing so will cause interest rates to rise but provide greater long-term economic stability.

Source: Burlington County Times on 2014 New Jersey Senate race Jun 1, 2014

Ben Sasse: FactCheck: stretched truth on job as management consultant

Ben Sasse and Tom Cotton have a lot in common: Republican candidacies for the Senate, Ivy League advanced degrees--a Yale PhD for Sasse, a Harvard law degree for Cotton--and a tour of duty in the white-shoe world of management consulting. One more thing: They are running as common-man conservatives from the heartland under the banner of the Tea Party.

The resumes of Sasse (R, NE) and Cotton (D, AR) do not exactly fit the profile of populists. That is especially true for the lines dedicated to the Boston Consulting Group and McKinsey & Company, firms that advise corporations on strategy, efficiency and ways to increase profitability.

In Sasse's case, he has used ties to McKinsey to burnish his private sector credentials, but in the process, he has stretched the point. He says on his campaign website that he "joined McKinsey & Company, advising leaders in times of crisis." He was actually a "special adviser" to the firm, on an hourly contract--never an employee.

Source: N.Y. Times FactCheck on 2014 Nebraska Senate race May 17, 2014

Al Franken: Block merger of biggest & 2nd biggest cable providers

In New York two years ago Franken ran into Lorne Michaels, his former boss at "Saturday Night Live," chatting with the CEO of Comcast, which had recently acquired NBC-Universal in a deal that Franken opposed. "I fought to prevent this!" Franken blurted out to the two men.

After a failed attempt to block the Comcast-NBC-Universal merger, Franken has emerged as the leading congressional opponent of Comcast's $45 billion bid to take over Time-Warner Cable, a merger that would unite the nation's two biggest cable companies. He was the only lawmaker to explicitly say he wanted the merger blocked.

"We've got the biggest cable provider and biggest Internet provider, in Comcast, buying the 2nd-biggest cable provider and 3rd-largest Internet provider, and I'm very worried that will create a company that's too big," Franken said. "They're going to use their position to leverage higher cable prices and to dictate a lot of things that will make for fewer choices, and their service will be even worse."

Source: N.Y. Times on 2014 Minnesota Senate race Apr 11, 2014

Jill Stein: Romney & Obama are both pro-1% big corporation

Q. What do you think of Mitt Romney?

A. He responds to his electorate. When he's running in Salt Lake, he's anti-abortion. When he's running in Massachusetts, he's pro-abortion. He responds to his electorate, broadly, except that he remains basically pro-business in a very narrow sense of the word--that is a pro-one-percent big, corporate multinational business. You know what, that's not so different from the way Larry Summers and Tim Geithner are running the country under Barack Obama. When our governorship changed from Mitt Romney and it went directly to Deval Patrick, who is another poster child for progressive Democrats, no difference. Nothing detectable. Nothing changed in Massachusetts whatsoever.

Source: Michael Shear, NY Times, "5 Questions" on 2012 election Feb 14, 2012

  • The above quotations are from Media coverage of political races in The New York Times, 2010-2019.
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2020 Presidential contenders on Corporations:
  Democrats running for President:
Sen.Michael Bennet (D-CO)
V.P.Joe Biden (D-DE)
Mayor Mike Bloomberg (I-NYC)
Gov.Steve Bullock (D-MT)
Mayor Pete Buttigieg (D-IN)
Sen.Cory Booker (D-NJ)
Secy.Julian Castro (D-TX)
Gov.Lincoln Chafee (L-RI)
Rep.John Delaney (D-MD)
Rep.Tulsi Gabbard (D-HI)
Sen.Amy Klobuchar (D-MN)
Gov.Deval Patrick (D-MA)
Sen.Bernie Sanders (I-VT)
CEO Tom Steyer (D-CA)
Sen.Elizabeth Warren (D-MA)
Marianne Williamson (D-CA)
CEO Andrew Yang (D-NY)

2020 Third Party Candidates:
Rep.Justin Amash (L-MI)
CEO Don Blankenship (C-WV)
Gov.Lincoln Chafee (L-RI)
Howie Hawkins (G-NY)
Gov.Gary Johnson(L-NM)
Howard Schultz(I-WA)
Gov.Jesse Ventura (I-MN)
Republicans running for President:
Sen.Ted Cruz(R-TX)
Gov.Larry Hogan (R-MD)
Gov.John Kasich(R-OH)
V.P.Mike Pence(R-IN)
Gov.Mark Sanford (R-SC)
Pres.Donald Trump(R-NY)
Rep.Joe Walsh (R-IL)
Gov.Bill Weld(R-MA & L-NY)

2020 Withdrawn Democratic Candidates:
Sen.Stacey Abrams (D-GA)
Mayor Bill de Blasio (D-NYC)
Sen.Kirsten Gillibrand (D-NY)
Sen.Mike Gravel (D-AK)
Sen.Kamala Harris (D-CA)
Gov.John Hickenlooper (D-CO)
Gov.Jay Inslee (D-WA)
Mayor Wayne Messam (D-FL)
Rep.Seth Moulton (D-MA)
Rep.Beto O`Rourke (D-TX)
Rep.Tim Ryan (D-CA)
Adm.Joe Sestak (D-PA)
Rep.Eric Swalwell (D-CA)
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Page last updated: Dec 02, 2021