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Ken Langone Flips Out On Obama, Accusing Him Of Long Lasting "Destruction"
TBI ^ | 7-28-2011 | Katya Wachtel

Posted on 07/28/2011 7:26:24 AM PDT by blam

Ken Langone Flips Out On Obama, Accusing Him Of Long Lasting "Destruction"

Katya Wachtel
Jul. 28, 2011, 9:45 AM

Ken Langone, the former director of the NYSE and a veteran of Wall Street banking, had some harsh words for President Obama.

Langone lambasted Obama's leadership during the debt ceiling crisis to CNBC, saying it has been "unpresidential."

Langone opined:

He is dividing us as a nation. He's not bringing us together. He's willfully dividing us. He's petulant.

He is not acting presidential. He is behaving in a way designed in my opinion to divide us, to make us look at each other with skepticism, with suspicion. That is the end of America as we know it. The destruction he is inflicting by his behavior will carry on long after we settle the debt limit.

As Dan Loeb similarly commented in a recent letter to investors, Langone said that Obama has been fostering class warfare.

While Langone said that people as wealthy as him should pay more taxes, he argued that framing this issue as a rich versus poor dichotomy is divisive and unnecessary.

""The debt ceiling is a done deal," says Langone told CNBC.

(Excerpt) Read more at businessinsider.com ...


TOPICS: Front Page News; News/Current Events
KEYWORDS: 2012; bhofascism; bhoracism; bhosocialism; classwarefare; corruption; debtceiling; democrats; economy; elections; fail; fubo; hopeychangey; impeach; liberalfascism; nobama; nobama2012; obama; obamadepression; socialism; socialistdemocrats; tyranny
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1 posted on 07/28/2011 7:26:30 AM PDT by blam
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To: blam

good for him.


2 posted on 07/28/2011 7:28:37 AM PDT by ken21 (liberal + rino progressive media hate palin, bachman, cain...)
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To: blam

blah blah blah


3 posted on 07/28/2011 7:30:14 AM PDT by yldstrk (My heroes have always been cowboys)
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To: yldstrk

Good interview at the site.


4 posted on 07/28/2011 7:31:03 AM PDT by GlockThe Vote (The Obama Adminstration: The flash mob who wonÂ’t leave.)
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To: blam

Thanks Ken but that horse left the barn a long time ago. Let’s hope some more dimbulbs are awakening from their ‘Chosen One’ kool-aid laced long slumber.


5 posted on 07/28/2011 7:32:59 AM PDT by tflabo ( to have been selected)
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To: blam
While Langone said that people as wealthy as him should pay more taxes

Nope, the 48% who currently pay NO taxes should be paying something.

6 posted on 07/28/2011 7:33:19 AM PDT by freespirited (Stupid people are ruining America. --Herman Cain)
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To: blam
Kenny, News flash . . . . He won.

If you didn't know what you were getting when you voted for him, you weren't paying attention.

Sorry.

He's dividing us? Oh no, anything but that. Wow. Bombshell. Blockbuster.

7 posted on 07/28/2011 7:34:02 AM PDT by atc23 (The Confederacy was the single greatest conservative resistance to federal authority ever.)
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To: blam

He’s creating a sense of haves and have nots in our country.
In the long run, this fits his plan for the latter to foment warfare against the former, leading to draconian laws and forced wealth redistribution, the ideal socially just society.


8 posted on 07/28/2011 7:34:10 AM PDT by Rennes Templar
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To: blam

“While Langone said that people as wealthy as him should pay more taxes./...”

####

Stupid ass.


9 posted on 07/28/2011 7:35:35 AM PDT by EyeGuy (2012: When the Levee Breaks)
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To: All

b


10 posted on 07/28/2011 7:36:04 AM PDT by Maverick68
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To: blam
""The debt ceiling is a done deal," says Langone told CNBC.

???????

On several levels.

11 posted on 07/28/2011 7:36:24 AM PDT by ClearCase_guy (The USSR spent itself into bankruptcy and collapsed -- and aren't we on the same path now?)
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To: freespirited
Nope, the 48% who currently pay NO taxes should be paying something.

Yep. Its no coincidence that this number appraoches 50% of the population.

Everyone needs 'skin in the game'.

12 posted on 07/28/2011 7:38:11 AM PDT by skeeter
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To: blam

Oh Ken.. I see you’re quick as a bunny! :-)


13 posted on 07/28/2011 7:39:35 AM PDT by J40000
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To: freespirited
While Langone said that people as wealthy as him should pay more taxes

Question for Langone: So what's stopping you from putting your money where your mouth is and writing a check...?

14 posted on 07/28/2011 7:40:59 AM PDT by mewzilla (Forget a third party. We need a second one.)
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To: ClearCase_guy

I would imagine that the IRS would probably accept a large check from a rich dumb@$$, if it was accompanied by a letter stating that this was a voluntary contribution to the US Government. ANy idiot that wants to pay more taxes can go right on ahead and do so, IMHO.


15 posted on 07/28/2011 7:41:52 AM PDT by L,TOWM (Once you see that it is all Kabuki Theater, you are free to quit wasting your time on politics.)
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To: blam
"Let not him who is houseless pull down the house of another, but let him work diligently and build one for himself, thus by example assuring that his own shall be safe from violence when built." - Abraham Lincoln

The politics of envy and class warfare may buy votes for the next election, but does not offer opportunity and "hope" for the less fortunate. Instead, when followed to its logical conclusion, as Lincoln observed, the cynicism of such a political philosophy promises that any who work hard, achieve, and are successful will become the next "targets" for power-hungry political elites like Obama and the Democrats.

Beware young voters!

16 posted on 07/28/2011 7:42:57 AM PDT by loveliberty2
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To: J40000

It’s amazing how many people like Langone fell for 0bama. Un-frigginbelievable.


17 posted on 07/28/2011 7:47:25 AM PDT by unkus (Silence Is Consent)
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To: blam

Uhmmmmm.......In simplest terms, he’s behaving like the HMMIC. (Head Marxist Muslem In Charge)


18 posted on 07/28/2011 7:47:30 AM PDT by blackdog (The mystery of government is not how Washington works but how to make it stop)
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To: Rennes Templar
I posted on this thread yesterday:

MSNBC Contributor Goldie Taylor Says Corporate America Is "Literally Raping" Minorities (VIDEO)

In these (worsening) economic times, some sort of civil violence is on the way. This could be between races, classes, what-have-you...something. Robberies and burglaries will skyrocket first...flash mobs are just the beginning. The press is identifing and demonizing the target...White people. When people shoot and defend themselves from the criminals...the riots and race war will begin. Prepare now.

19 posted on 07/28/2011 7:47:39 AM PDT by blam
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To: EyeGuy
“While Langone said that people as wealthy as him should pay more taxes..”

####

No. To the extent that it can be reasonably calculated, EVERY citizen should pay taxes commensurate with the amount of government they use. Your obligation to support the overhead of government has NOTHING to do with your income or even your consumption. Even "flat tax" schemes, which are in actuality, flat tax RATES are not fair, in that higher earners pay more in ACTUAL dollars. Obviously such a system, in addition to being much more logical and fair, would markedly reduce the size of government, across the board.

20 posted on 07/28/2011 7:48:11 AM PDT by EyeGuy (2012: When the Levee Breaks)
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