CEOs, Bush Rangers Rebuff Republicans on War, Widening Deficit - Yahoo! News: "John Mack, chief executive officer of Morgan Stanley, Rupert Murdoch, chairman of News Corp., and Terry Semel, chairman of Yahoo! Inc., are among some 60 executives writing checks to Democrats such as Senators Hillary Clinton of New York and Barack Obama of Illinois, a review of U.S. Federal Election Commission records shows. While the vast majority of business leaders still back Republicans for 2008, the stature of some of those donating to Democrats suggests that support may be eroding, seven years into the Bush presidency. Some executives expressed concern over Republican positions on issues ranging from the war in Iraq and stem-cell research to global warming and the fiscal deficit."
Mr Rudd is described as a staunch republican and wants to see an elected president as head of state as opposed to the Queen and if elected is expected to throw the full weight of government behind this issue.
A spokesperson for Mr Rudd said if successful in the election a referendum would probably be held in 3 years time to decide on the issue
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