Friday, September 24, 2004
The Chairman of Viacom, Sumner Redstone, has come out in favor of George Bush. Viacom is the parent company of CBS, so this was a totally unexpected surprise. Mr. Redstone made this statement while attending the Forbes magazine's annual global CEO Conference.
The chairman of the entertainment giant Viacom said the reason was simple: Republican values are what U.S. companies need. Speaking to some of America's and Asia's top executives gathered for Forbes magazine's annual Global CEO Conference, Mr. Redstone declared: "I look at the election from what's good for Viacom. I vote for what's good for Viacom. I vote, today, Viacom.
"I don't want to denigrate Kerry," he went on, "but from a Viacom standpoint, the election of a Republican administration is a better deal. Because the Republican administration has stood for many things we believe in, deregulation and so on. The Democrats are not bad people. . . . But from a Viacom standpoint, we believe the election of a Republican administration is better for our company."
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