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NJECPAC is a Continuing Political Committee (CPC). A CPC is any group of two or more persons acting jointly, or any corporation, partnership, or any other incorporated or unincorporated association, civic association or other organization, which in any calendar year contributes to aid or promote the candidacy of an individual, or the candidacies of individuals, for elective public office, or the passage or defeat of a public question or public questions, lobby for the passage or defeat of certain legislative bills introduced in the NJ Legislature in accordance with N.J.S.A. 19:44A-8(b). A CPC is frequently referred to as Political Action Committee (PAC). The NJECPAC was formed to provide funding for legislative initiatives of its members and its member organizations representing the interests of Electrical Contractors, Small Businesses and Taxpayers throughout the State of New Jersey.

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Thursday, February 10, 2011

Obama Speaks To Business Leaders

President Obama walked from the White House to the Chamber of Commerce this week where he got a closer look at the J O B S banner that has been hanging on the front of the Chambers Headquarters directly across the street from the White House since he moved in.

He addressed business leaders so he could appear what he called “more neighborly.” He asked for cooperation between his administration and the Chamber moving forward to promote jobs.

Yet for all of his Presidency, he has targeted big business as the enemy. Now, after the staggering defeats at the ballot box, he had to limp over to the Chamber in order to try to make nice. The speech was more of the same. Obama called for companies to spend more money to create jobs, while at the same time called for government “investment” and firmly defended new healthcare and financial regulations which are seen by the business community as job killers.

Perhaps Obama never looked out his window to see that the Chamber is right across the street from the White House where he could have gone and spoken to them at any time over the last two years. 

Chamber Chief Lobbyist Bruce Josten responded to Obama’s remarks with some real world perspective.  “Companies first, unlike a government, have to sustain their operation and that requires being able to pay your employees, vendors, suppliers and bondholders," Josten said. "Bottom line, the most patriotic thing a company can do is ensure it is in business and take steps to stay in business; otherwise everyone loses and more people lose their jobs."

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