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Rahm Emanuel on Corporations
Democratic Rep. (IL-5); Chief of Staff-Designee
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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.
- Requires third party certification of, and provides for tracking and record keeping regarding, children`s products.
- [Increase] reporting of substantial product hazards and corrective action plans.
- Requires certain manufacturers or distributors to post an escrow or proof of insurance to cover recalls.
- Allows enforcement by state attorneys general and provides public and private sector whistleblower protections.
- Bans children`s products containing lead and lowers the allowable lead content in paint.
- Requires a study of preventable injuries and deaths of minority children related to consumer products.
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Requires a cost-benefit analysis under the Poison Prevention Packaging Act.
- Requires development of a risk assessment methodology regarding imports.
- Requires publication of a list of product defects that constitute a substantial product hazard.
- Conditions importation of a consumer product on the manufacturer`s compliance with inspection and record keeping requirements.
- Requires a database on violations of consumer product safety rules to be used to determine whether a container being imported contains consumer products that are in violation of a consumer product safety standard and whether action should be taken under imported products provisions.
House version is H.R.4040.
Source: CPSC Reform Act (S.2663) 08-S2663 on Feb 25, 2008
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