Friday, August 27, 2010

Loews CEO Tisch Rips Obama's Policies

Loews CEO Tisch Rips Obama's Policies
President Barack Obama’s policies are taking the economy in the wrong direction, says Jim Tisch, CEO of conglomerate Loews Corp.

Those policies have led businessmen to lose confidence in the economy and will thus keep growth subdued, he told Bloomberg.

Tisch specifically objects to the new laws for healthcare and financial regulation and to the moratorium on offshore drilling. Those policies are deterring business investment, he says.

“The thing that business people don’t like is uncertainty.”

Some corporate executives have criticized Obama for taking an adversarial stance toward business.
Another leader exposes the Obama Regime.

Thanks for the courage. Let's support Lowes.

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