[Billionaire Investor Carl]Icahn: Obama Would Be a Terrible President

Newsmax Money News ^ | May 22, 2008 | Staff

[2ndDivisionVet]

Carl Icahn, the billionaire investor best known for shaking up public companies, says he is very concerned about the Democratic frontrunner, Barack Obama.

“I personally think he would be a terrible president,'' Icahn told investors in New York, according to wire reports.

Icahn thinks a President Obama would increase spending dramatically, something he says “the country can't afford right now.”

An Obama spending spree and the resulting tax hikes to pay for it would kill the dollar and result in higher interest rates, Icahn warned. “I don't think Obama really understands economics,'' Icahn said.

Obama also would take office with a Democratic majority in the Congress, clearing the way for unchecked spending, Icahn said.

“It would be devastating,'' Icahn said. “Then you couldn't stop runaway legislation.''

[2ndDivisionVet]

Reason number 697 to hold your nose and vote for McCain.

[rockinqsranch]

Jimmy Carter endorses Obama for President. “Birds of a feather”

[Republic_of_Secession.]

Well I would rather vote for a third party candidate as McCain is not really much better because the alleged “two party system” is failing.

[zipper]

Absolutely, it has to be McCain.

Whether Obamarxist understands economics is a moot point when he says he’d raise taxes, even knowing it means reduced government revenue, for redistribution in the interest of “fairness”.

[winner3000]

Well, I hope that Carl Icahn puts his money where his mouth is, and starts opening up his big wallet like leftist billionnaires have been doing the last decade. Of course, if McCain keeps tracking left on global warming and immigration, nothing will help. No matter what McCain does, he WILL need Republican votes, and if he continues to piss us off, we WILL vote for Obama regardless of how distasteful it would be. After 2 years of incompetence, we’ll at least start making up lost ground in Congress. After Jimmy Carter, America needs a reminder of why Americans usually vote for Republican Presidents.

[SledgeCS]

I agree with you. Every time that I consider voting for McCain he comes out as says something totally to the realm of an ass-hat. Right now I will not vote for any of the presidential candidates. I really hope that the GOP is lurking here and see exactly how bad they have abandoned the conservatives. I use to donate between 1-5k per year spread around to get around the McCain-Feingold garbage but this year only Tom Tancraedo got any monies from me.

[ExSES]

“I don't think Obama really understands economics,'' Icahn said.

Sadly, neither do his opponents!

[RU88]

I grant you that McCain is by no means an ideal choice for anyone with a conservative bent but this election is far from a “Hobson’s Choice.” Just look at the alternative and their is not way any conservative can honestly say that the country would be better off with Hussein and his bitter wife Michele O’bama.

[Red Dog #1]

Someone got flamed around here a few days ago for suggesting that McCain should be supported but sending a message by voting out any but the most conservative congressmen. I’m not sure I buy it yet, put there maybe a point to it.

[Swordfished]

Reason number 697 to hold your nose and vote for McCain.

Obama throws a socialist-communist wrench into their globalist-corporate-socialist agenda that was plugging along just fine without his help. McCain embracing global warming and illegal immigration and claiming to 'not understand' the economy...the perfect puppet.

Go ahead, vote for McCain. I pity you.

[Republic_of_Secession.]

I understand you point but at the same time McCain is just not a credible alternative for a conservative. I think Jesse Ventura was onto something when he stated that people should vote for choice on the ballot entitled none of the above. I think he might also be right when he states that none of the above would win.

[endthematrix]

Just another billionaire's opinion...it doesn't resonate with me.

[newbie2008]

ttt