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Walmart Prepares to Suck Up to GOP Starting Tomorrow

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The Washington Post reports:

"Republicans have a message for the businesses that worked closely with the Obama administration over the past two years on key controversial issues: We won't forget."

The paper makes an example of Wal-Mart, which came out in favor of an increased minimum wage and health-care reform. And, according to the Post, the company, for the first time in its history, it gave more money to Democrats than the GOP for today's elections.

That didn't sit too well with Republican Rep. Dave Camp of Michigan. During last year's health care bill battle royale, Camp made it abundantly clear that he was pissed. Really pissed.

Now, Camp is poised to become the next chairman of the House Ways and Means Committee.

And Wal-Mart may be poised to do some serious boot-licking, if Camp is anything like Rep. Peter Roskam (R-Ill.).

"Some businesses joined in on the hang-me-last strategy," Roskam said. "I think upon reflection, in moments of candor, they may say they were foolish to do that."

"When you're faced with legislation that's going to be enacted, it's a tough decision," said John Scofield, a Republican lobbyist for Podesta Group. "Do you fight or cut a deal?"

Sources tell Minyanville that Podesta's John Scofield:



Is not this John Scofield:



Sorted.
POSITION:  No positions in stocks mentioned.

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