From The Los Angeles Times:
Alarmed at the increasingly populist tone of the 2008 political campaign, the president of the U.S. Chamber of Commerce is set to issue a fiery promise to spend millions of dollars to defeat candidates deemed to be anti-business.“We plan to build a grass-roots business organization so strong that when it bites you in the butt, you bleed,” chamber President Tom Donohue said….
Although Donohue shied away from precise figures, he indicated that his organization would spend in excess of the approximately $60 million it spent in the last presidential cycle. That approaches the spending levels planned by the largest labor unions….
“I’m concerned about anti-corporate and populist rhetoric from candidates for the presidency, members of Congress and the media,” he said. “It suggests to us that we have to demonstrate who it is in this society that creates jobs, wealth and benefits — and who it is that eats them.”