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Smart Politics for Obama on this, bad for business for some of our
friends.....

*Plus: Cantor lauds Obama outreach on earmarks.*

Cantor Speaks to President Obama,
Comments on Earmark Moratorium
Washington, D.C. - House Republican Whip Eric Cantor (R-VA) today issued the
following statement after receiving a phone call from President Obama:

"Earlier today, I received a phone call from President Obama which I
appreciated in the wake of last night's Republican victory. During the call,
the President recognized the fact that he and I have legitimate differences
on many important issues, which has certainly been visible. Our majority's
number one priority is to get Americans back to work by restoring certainty
to the private sector and cutting government spending - and we will produce
results.

"I am heartened by the fact the during his press conference today, the
President noted my support for a complete moratorium on earmarks for both
parties in the House, and suggested it is an area where we can work
together. Earmarks have become the poster child for Washington's wasteful
spending binges, have been linked to corruption, and serve as a fuel line
for the culture of spending that has dominated Washington far too long. If
the President would like to partner in this effort, I gladly take him up on
that offer."


Read more:
http://thepage.time.com/2010/11/02/east-room-becomes-the-spin-room/#more-184186#ixzz14GT65DpK<http://thepage.time.com/2010/11/02/east-room-becomes-the-spin-room/#more-184186%23ixzz14GT65DpK>
--
Eric D. Schwerin
Rosemont Seneca Partners
(202) 333-1880
eschwerin@rosemontseneca.co