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Rahm Emanuel on Corporations

Democratic Rep. (IL-5); Chief of Staff-Designee

 


Some areas of Michigan have it worse than Great Depression

The president asked his advisors if they were all on board with the recommendation of a big Chrysler bailout, followed by a likely bankruptcy. Each said yes.

Rahm impressed the gathering with his detailed knowledge of which congressional districts in Michigan had which auto plants. "You're always explaining that things are bad, but it's not like the Great Depression," he told the president. "Well, in some of the counties..."

"I know what you're going to say," Obama interjected. "In some of these counties it WILL be like the Great Depression." Obama said, "I've decided. I'm prepared to support Chrysler if we can get the Fiat alliance done." He would give Chrysler thirty days and GM sixty days to reorganize with the help of the task force or face a cutoff of TARP money. He could live with the government's forcing a bankruptcy, but not putting Chrysler out of business altogether.

Source: The Promise: Obama Year One, by Jonathan Alter, p.178-179 , May 18, 2010

Rated 39% by the US COC, indicating a mixed business voting record.

Emanuel scores 39% by US Chamber of Commerce on business policy

Whether you own a business, represent one, lead a corporate office, or manage an association, the Chamber of Commerce of the United States of AmericaSM provides you with a voice of experience and influence in Washington, D.C., and around the globe.

Our members include businesses of all sizes and sectors—from large Fortune 500 companies to home-based, one-person operations. In fact, 96% of our membership encompasses businesses with fewer than 100 employees.

Mission Statement:

`To advance human progress through an economic, political and social system based on individual freedom, incentive, initiative, opportunity, and responsibility.`
The ratings are based on the votes the organization considered most important; the numbers reflect the percentage of time the representative voted the organization`s preferred position.
Source: COC website 03n-COC on Dec 31, 2003

Screen imports & ban lead in children's products.

Emanuel co-sponsored screening imports & ban lead in children's products

A bill to reform the Consumer Product Safety Commission to provide greater protection for children`s products, to improve the screening of non-compliant consumer products, to improve the effectiveness of consumer product recall programs, and for other purposes.

House version is H.R.4040.
Source: CPSC Reform Act (S.2663) 08-S2663 on Feb 25, 2008

Other candidates on Corporations: Rahm Emanuel on other issues:
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