Romney Supporter: Billionaires Have Too Little Political Influence

Ken Griffin, a Chicago-based billionaire hedge fund manager, is a Mitt Romney supporter who thinks the super-rich have an "insufficient influence" over American politics, even though he thinks politicians should pay so much attention to CEOs.  He also believes the Obama Administration is at fault for the social unrest over income inequality and that China is pulling people out of poverty by embracing policies favoring the private sector.  He also believes that there is nothing wrong with billionaires, hedge fund managers, and other super-wealthy individuals spending unlimited amounts of money to influence elections.  It took a fraction of this campaign spending to get policies that benefit only the upper part of the top 1% and these lack of spending limits are designed to keep the system from changing.  Although he thinks companies should not directly harm others, he does not want government picking which businesses succeed and which ones fail.  But, he is out of touch by applying this way of thinking to this recent Chicago coal plant closings.  In response to the overwhelming neighborhood and community pressure to shut them down, he does not believe that "the company that injures people to be shut down and for the government to start a competing enterprise."  Which must means that he want business and government to work together, even if it means screwing over other people's health.

http://thinkprogress.org/politics/2012/03/10/442067/billionaire-romney-backer-ultrawealthy-have-an-insufficient-influence-over-politics/; http://www.chicagotribune.com/business/ct-biz-0311-confidential-griffin-web-version-20120311,0,2604121,full.column

U.S. Multinationals Add Employees Abroad While Cutting Here

American multinational corporations hired 2.87 million foreigners, but dropped almost 864,000 Americans from their payrolls during the 2000s. As the biggest beneficiary of U.S. outsourcing, China gained 691,100 jobs from 1999 to 2009.

http://www.huffingtonpost.com/2011/11/22/us-multinational-companies-jobs_n_1107480.html?ref=business