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Business

Prominent CEO & Member of Obama’s So-Called ‘Jobs Council’ Backs Romney

Nov. 1, 2012 11:03pm Becket Adams

Hey, remember that “jobs council” that hasn’t met in, oh, a long time? The one that was supposed to help the president keep a “laser like” focus on job creation?

Yeah, not only has the council not met in several months, but it also turns out that at least one of the business leaders chosen to act as an jobs advisor to President Obama has decided to back Republican presidential candidate Mitt Romney.

A formidable list of Romney-supporting CEOs recently produced by the Romney campaign shows that jobs council member and Intel CEO Paul Otellini has joined ranks with Charles Schwab, Cisco Chief Executive John Chambers, and Home Depot co-founder Bernie Marcus, in supporting the GOP candidate, the Wall Street Journal reports.

The WSJ reports:

Mr. Otellini’s relationship with the president has been hot-and-cold since Mr. Obama took office. In 2010, he criticized the administration for failing to generate more robust job growth. He was particularly critical of the stimulus. But the Intel CEO joined the president’s so-called jobs council to much fanfare the following year as Mr. Obama embarked on a very public – if short-lived – courtship of big business.

The president lauded Intel for investing in the U.S. during a trip last year to one of the chipmaker’s advanced manufacturing facilities in Oregon. During the visit, Mr. Otellini announced plans to build a $5 billion production facility in Arizona that would employ thousands of workers in the U.S. The Intel chief also made two high-profile trips to the White House, including a state dinner with Chinese President Hu Jintao. But the jobs council has not held an official meeting since January – a fact Republicans like to highlight.

It’s no secret the Intel CEO believes job growth can be spurred by eliminating certain tax loopholes and lowering the corporate tax rate. And although the president has publicly praised the former, he has said very little about the latter. Perhaps this is why in 2010 Otellini complained to Charlie Rose that the Obama administration wasn’t taking advice from its own so-called jobs council.

What’s also notable about Otellini’s support for Romney is the fact that it’s a bit of a departure for a Silicon Valley CEO, a bastion of Democrat support. Of course, Otellini himself is notable in that he has had right-leaning tendencies for a while now.

“In 2008, he cut checks to Mr. Obama’s opponent, Arizona Sen. John McCain. And last month, he gave $50,000 to the Romney Victory Fund and another $5,000 to the candidate, according to Federal Election Commission records,” the Journal reports.

Support from business leaders like Otellini helps the Romney campaign further the narrative that the GOP candidate understands the economy and can create jobs. Of course, as the WSJ notes, the list of pro-Romney CEOs also helps the campaign push back against the harsh criticism is has received from the CEOs of Chrysler and General Motors.

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Front page photo source courtesy the AP.

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Comments (31)

hannah
Posted on November 13, 2012 at 4:18pm
oh you must be a food stamp recipient Dora, hows that working for ya?

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Mr Sanders
Posted on November 2, 2012 at 12:45pm
…. and more business leaders will follow once/if they see the light. I wish it was sooner than later though.

Thank you Mr. Otellini.

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MiCurmudgeon
Posted on November 2, 2012 at 9:05am
More job producers backing Romney makes the case that we need to fire Obama for the sake of the country. It will be a lot easier to fire him now than impeach him at the start of his second term. That did not work out too well re-electing Nixon then having him quit in disgrace.

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- JRook
  Posted on November 2, 2012 at 10:59am
  so we can be clear here beckett. you blast the PRESIDENT for being a polarizing figure and not interested in working across the isle. But when he appoints a prominent republican businessman who surprise, surprise supports Romney you present that as being important. let’s find some real stories champ
  
  Report this comment
- Diane TX
  Posted on November 2, 2012 at 1:35pm
  @ JRook
  
  That’s not working across the aisle. Øbama appoints businessman Paul Otellini to the Jobs Council, and then ignores Mr. Otellini AND the Jobs Council.
  
  The only “aisle crossing” Øbama has ever done, was to insult Paul Ryan and John McCain.
  
  Report this comment
- Leevamark2
  Posted on November 3, 2012 at 11:04pm
  @ J Rook – Hm. You either didn’t read the article, didn’t understand the article, or you just aren’t a good communicator. Your point makes no sense. Try harder.
  
  Report this comment
Gonzo
Posted on November 2, 2012 at 7:20am
The name Obama will be synonymous with failure for a long time to come.

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Fla.Patriot
Posted on November 2, 2012 at 4:04am
Hahahahaha! Obama and Jobs used in the same sentence….now that’s funny, I don’t care who you are!

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- smallcraftadvisory
  Posted on November 2, 2012 at 5:33am
  It’s too bad that after Romney wins, the left is going to really go ballastic and do everything in their power to destroy his presidency. Read http://smallcraftadvisorychronicles.blogspot.com/ for fresh political commentary.
  
  Report this comment
Ghandi was a Republican
Posted on November 2, 2012 at 1:47am
There’s going to be a Landslide so powerful it will defy gravity and roll over obama a second time for good measure. GET OUT THE VOTE This is it.

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pepsicolakid
Posted on November 2, 2012 at 1:30am
People are starting to realize just how toxic the “stand down” man is, soros just thought money can buy everything. Mr. Soros the American Spirit is not for sale.

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neverending
Posted on November 2, 2012 at 1:27am
Oh no poor little barry boy gets dinged again. About time some of these people start waking up and know that this guy HAS to be thrown under the bus – he needs to lose and lose very big on November 6th and end this nightmare we have been living for four years.

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Diane TX
Posted on November 2, 2012 at 12:31am
Romney said Obama’s lack of business experience has left him grasping at straws for a new idea that would boost the business community. “We don’t need a secretary of business to understand business, we need a president who understands business and I do,” Romney said to enthusiastic applause.

http://www.cbsnews.com/8301-34222_162-57543786/romney-ridicules-obamas-secretary-of-business-proposal/

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coyote1hell
Posted on November 2, 2012 at 12:28am
One of a very few smart Democrats….

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The-Monk
Posted on November 2, 2012 at 12:06am
I wonder if Mr. Otellini will be available for that new Sec of Business position?

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gyro
Posted on November 1, 2012 at 11:41pm
ooops obama mistake again

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RightChoice
Posted on November 1, 2012 at 11:40pm
Who will be Obama candidate for Secretary of Business ? Donald Trump ?

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- Diane TX
  Posted on November 1, 2012 at 11:54pm
  That was so funny when Romney told the crowd that Obama wants a new cabinet position – Secretary of Business. The crowd roared with laughter. Later, an Obama spokesman was quite peeved that “Republicans would laugh at President Obama idea”. heh heh heh heh
  
  Report this comment
Alisterbane
Posted on November 1, 2012 at 11:37pm
O is frightening

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The-Monk
Posted on November 1, 2012 at 11:14pm
Sounds like Mr. Otellini will be called into Valerie Jarret’s office tomorrow.

You know…. the oval one.

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- BODYBAG
  Posted on November 1, 2012 at 11:44pm
  And he should promptly flip her his middle finger and tell her to F off.
  This fraudulent EPIC FAIL of a Pretend president [small "p"] should be impeached immediately.
  It should be crystal clear this “Jobs Council” was nothing but a SHAM from the beginning.
  I dont understand why EVERYONE doesnt see this POS Kenyan for exactly what he is —– A FRAUD.
  
  This “jobs council” was never really serious —– it was just to placate everyone —-
  a pretend effort for show while the REAL AGENDA was carried out ——- crashing our economy deliberately.
  
  Report this comment
- mercenary4freedom
  Posted on November 2, 2012 at 2:24am
  And by not sending in a REACT force to help those in Benghazi is a move to demoralize our troops. Our warriors are now asking, will our bosses have our backs?
  
  Report this comment
Ilikepeople
Posted on November 1, 2012 at 11:10pm
What I’m guessing is going to happen is that the Lord is going to remove your comfort zone, and even kick the chair out from under you until people are made to realize that people don’t have some Civil Right to vote in elections.

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Dushman Kush
Posted on November 1, 2012 at 11:10pm
Rats jumping ship!!! When Comrade Soros approved the Romney-Ryan ticket, some of the Comrades predicted this……The buses will be shuttling non-stop from station to station in true Democratic fashion. Our Leader must not be defeated!!!!

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- marine249
  Posted on November 1, 2012 at 11:22pm
  I had not read many of your posts.
  So I read your profile.
  Are you off your meds again
  
  Report this comment
- 13th Imam
  Posted on November 1, 2012 at 11:30pm
  How were those OWS campouts. Did you steal any laptops or cop a feel from any of the little young groupie’s? Or were you a NAMBLA type, recruiting for the club meetings?
  
  Report this comment
- gyro
  Posted on November 1, 2012 at 11:41pm
  your fun rush off vote early
  
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Anonymous T. Irrelevant
Posted on November 1, 2012 at 11:09pm
they haven’t met since January. It’s got to be pretty bad when your own people are for the other team.

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- marine249
  Posted on November 1, 2012 at 11:13pm
  if he is a thinking man
  how could he not be
  
  Report this comment
- CatB
  Posted on November 1, 2012 at 11:24pm
  Agree with both comments.
  
  Report this comment
- DOra Glasberg
  Posted on November 1, 2012 at 11:26pm
  He’s a Republican who has been against Obama from day one – read the article.
  
  Report this comment

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