Chamber of Commerce
Commentary
The Chamber of Commerce Does Not Care About Unemployment
Cry Wolf Quotes
The signing of this proposal places California in the position of being the first state in the nation to implement a program that pays for workers to take non-work related time off. This will cause California to lose some of its competitive edge, as many businesses will look to other states when relocating or starting up to avoid these types of mandates.
To many groups, the [Consumer Product Safety] Commission’s actions, to date, appear to project an anti-business bias. The Commission too frequently seems to forget that government does not have a monopoly on concern for product safety.
By applying the paycheck rule broadly, it is possible that claims could be filed decades after an allegedly discriminatory act occurred. By applying the rule to pension annuities as well, a cause of action could arise decades after the individual ceased to work for the employer….Subjecting employers to such claims would literally lead to an explosion of litigation second guessing legitimate employment and personnel decisions.
The Sarbanes bill will hand American corporations back to the trial lawyers for summary execution.
Backgrounders & Briefs
Industry Repeats Itself on Financial Reform
As the nation approaches the first anniversary of the Dodd-Frank financial reform law, opponents are claiming that the new measure is extraordinarily damaging, especially to Main Street. But industry’s alarmist rhetoric bears striking resemblance to the last time it faced sweeping new safeguards: during the New Deal reforms. The parallels between the language used both then and now are detailed in a report released today by Public Citizen and the Cry Wolf Project.
Resources
U.S. Chamber Watch is a watchdog organization focused on the U.S. Chamber of Commerce's agenda and influence.
