Costco Founder Backs Obama

This is nice, especially compare to the majority of CEO, such as the founder of Home Depot and Massachusett’s own New Balance shoes.

President Obama is getting some help defending his record toward small businesses from a major player in the corporate world.

Former Costco CEO and co-founder Jim Sinegal endorsed the president’s economic policies and bid for a second term in an email message Monday night to be blasted out by the Obama campaign.

The show of support comes amid an onslaught of attacks by Republicans that paint Obama as anti-business, including a new TV ad by presumptive GOP nominee Mitt Romney that uses out-of-context remarks by the president to suggest he has denigrated small business owners’ success.

“You might be seeing some ads or hearing some folks say that President Obama doesn’t support small business owners,” Sinegal wrote. “But he understands that small businesses grow and prosper because of individual initiative – because entrepreneurs like you and me do the hard work it takes, and we can’t do it alone.”

Making subtle reference to Obama’s comment, Sinegal wrote supportively, “Thanks to a strong nationwide transportation system and internal infrastructure, we’ve opened warehouses across the country and around the world.” Read more.


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