Saturday, January 12, 2008

US corporate elite fear Edwards

WASHINGTON-(Reuters) - Ask corporate lobbyists which presidential contender is most feared by their clients and the answer is almost always the same -- Democrat John Edwards.

The former North Carolina senator's chosen profession alone raises the hackles of business people. Before entering politics, he made a fortune as a trial lawyer. In litigious America, trial lawyers bring lawsuits against companies on behalf of aggrieved individuals and sometimes win multimillion-dollar settlements. Edwards won several.

But beyond his profession, Edwards' tone and language on the campaign trail have increased business antipathy toward him. His stump speeches are peppered with attacks on "corporate greed" and warnings of "the destruction of the middle class."
He accuses lobbyists of "corrupting the government" and says Americans lack universal health care because of "drug companies, insurance companies and their lobbyists."

Despite not winning the two state nominating contests completed so far, with 48 to go, Edwards insists he is in the race to stay. An Edwards campaign spokesman said on Thursday that inside-the-Beltway operatives who fight to defend the powerful and the privileged should be afraid.

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