Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

Obama: Laziness Impedes the U.S. in Attracting Foreign Investment (Video)
CNS News ^ | 11/14/2011 | Fred Lucas

Posted on 11/14/2011 12:00:37 PM PST by IbJensen

(CNSNews.com) – President Barack Obama told a group of CEOs and political leaders at the APEC summit in Hawaii this past weekend that America has been “a little bit lazy” in promoting foreign investment.

“It’s important to remember that the United States is still the largest recipient of foreign investment in the world, and there are a lot of things that make foreign investors see the U.S. as a great opportunity -- our stability, our openness, our innovative free market culture.

“But we’ve been a little bit lazy, I think, over the last couple of decades,” Obama added. “We’ve kind of taken for granted – ‘Well, people will want to come here’ -- and we aren’t out there hungry, selling America and trying to attract new business into America.”

Obama also blamed bureaucracy for deterring foreign investment: “Because of our federalist system, sometimes a foreign investor comes in and they’ve got to navigate not only federal rules, but they’ve also got to navigate state and local governments that may have their own sets of interests.”

Obama mentioned that his administration has set up a Web site called SelectUSA to make it easier for foreign investors to build plants in this country – “and put outstanding U.S. workers back to work in the United States of America.”

SelectUSA seeks to highlight the advantages the United States offers as a location for business and investment. Among other things, it explains the various business incentives offered by each state and territory.

“We think that we can do much better than we’re doing right now,” Obama continued.

“Being able to create if not a one-stop shop, then at least no more than a couple of stops for people to be able to come into the United States and make investments -- that’s something that we want to encourage.”


TOPICS: Constitution/Conservatism; Crime/Corruption; Government; News/Current Events
KEYWORDS: antiamericanpres; evilregime; idiotobozo; phony; pr0jection
I think this asshat Obozo is a stupid, lazy communist.

What a load of CRAP! As this bigshot attends a summit to create MORE free trade agreements enriching Asia and FURTHER impoverishing America, while he passes presidential directives ordering ICE not to deport illegals he has the GALL to call Americans that cannot compete in a global marketplace against countries that pay wages an American cannot live on, that dump products on the American market that American companies cannot compete with-BECAUSE an American cannot live on $80 US a MONTH, that REFUSE to invest in the American market unprotected from slave labor and inferior labor practices by tariffs-LAZY???? He should be in prison for treason. Globalists should be lined up in front of the White House and shot as traitors.

1 posted on 11/14/2011 12:00:40 PM PST by IbJensen
[ Post Reply | Private Reply | View Replies]

To: IbJensen

I thought it was caused by ATMs!!!!


2 posted on 11/14/2011 12:01:55 PM PST by Jack Hydrazine (It's the end of the world as we know it and I feel fine!)
[ Post Reply | Private Reply | To 1 | View Replies]

To: IbJensen

Isn’t this ba$tard something. This filthy puke has insulted all the hard working company owners, their workers, and their families that are trying to get by regardless of this asshat’s damning destruction of our economy. What a piece of garbage!


3 posted on 11/14/2011 12:03:20 PM PST by laweeks
[ Post Reply | Private Reply | To 1 | View Replies]

To: IbJensen
Lazy people use teleprompters.
4 posted on 11/14/2011 12:03:37 PM PST by bmwcyle (Obama is a Communist, a Muslim, and an illegal alien)
[ Post Reply | Private Reply | To 1 | View Replies]

To: IbJensen

What foreign investor wants to fight with the union crooks every couple of years????


5 posted on 11/14/2011 12:04:49 PM PST by chainsaw (Sarah Palin would be my first choice. .)
[ Post Reply | Private Reply | To 1 | View Replies]

To: FReepers; everyone; All



FReepathon Day 45 ... Please Contribute!



6 posted on 11/14/2011 12:06:47 PM PST by onyx (PLEASE SUPPORT FREE REPUBLIC BY DONATING NOW! Sarah's New Ping List - tell me if you want on it.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: IbJensen

Bookmark


7 posted on 11/14/2011 12:07:26 PM PST by GOP Poet (Obama is an OLYMPIC failure.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: IbJensen

I have a GREAT idea! Let’s attract a Canadian oil pipeline. Oh wait. Never mind.


8 posted on 11/14/2011 12:12:14 PM PST by Enterprise ("Those who can make you believe absurdities can make you commit atrocities." Voltaire)
[ Post Reply | Private Reply | To 1 | View Replies]

To: IbJensen

What a load of crap!

The American workforce is the most productive and innovative in the entire world.

It isn’t lack of talent and hard work in America that has curtailed foreign investment in or relocation to these United States - it is that we have a full time cadre of civil “servants” thinking of new and innovative ways to curtail productivity for all but the politically connected.


9 posted on 11/14/2011 12:12:28 PM PST by allmendream (Tea Party did not send the GOP to D.C. to negotiate the terms of our surrender to socialism.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: IbJensen

Cut the corporate tax rate to the bone and let’s see how ‘undesirable’ America becomes-President Economic Illiterate.


10 posted on 11/14/2011 12:16:07 PM PST by tanuki (O-voters: wanted Uberman, got Underdog....)
[ Post Reply | Private Reply | To 1 | View Replies]

To: IbJensen

Maybe he’s right, at least about the Senate. If they weren’t so “lazy” they’d have impeached him by now.


11 posted on 11/14/2011 12:17:22 PM PST by PieterCasparzen (We have to fix things ourselves.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: IbJensen; All

This needs to be replayed over, and over, and over..... during the 2012 Election. “Hey America, your President tells the world you’re lazy.”


12 posted on 11/14/2011 12:18:02 PM PST by no dems (Why do you never see "Obama" bumper stickers on cars going to work in the morning?)
[ Post Reply | Private Reply | To 1 | View Replies]

To: allmendream

This guy really isn’t an American, he is a statist.


13 posted on 11/14/2011 12:20:51 PM PST by ully2
[ Post Reply | Private Reply | To 9 | View Replies]

To: IbJensen
And THIS POS personifies the 'laziness of Americans' for the past decades .....
14 posted on 11/14/2011 12:22:35 PM PST by Sir Napsalot (Pravda + Useful Idiots = CCCP; JournOList + Useful Idiots = DopeyChangey!)
[ Post Reply | Private Reply | To 1 | View Replies]

To: allmendream

There’s only one problem, albeit a very serious one.

Where is the huge industrial base that I, and millions of others, grow up with and then into?

Thanks to an oppressive, evil, humongous central socialist government that has grown over the decades, this base has been destroyed...on purpose!

Remember the mantra about America becoming a ‘service-oriented economy? That was NAFTA and WTC crap. Our bottom feeding unions continued to expand with government workers and ‘service’ workers.

America is supposed to fold into the New World Order without a whimper. Our nation’s economy is supposed to die an ignominious death. No flowers, no ceremony. In one decade our nation gasps and ‘voila’ in the other wakes up as a slave to world socialism!

Long past time to dump Obozo and the rest of the traitorous running dogs of communism and muslimism!


15 posted on 11/14/2011 12:25:16 PM PST by IbJensen (What this country needs are more unemployed politicians.)
[ Post Reply | Private Reply | To 9 | View Replies]

To: PieterCasparzen

They’re too damned busy reflecting upon their anuses!


16 posted on 11/14/2011 12:26:13 PM PST by IbJensen (What this country needs are more unemployed politicians.)
[ Post Reply | Private Reply | To 11 | View Replies]

To: IbJensen
Obama also blamed bureaucracy for deterring foreign investment: “Because of our federalist system, sometimes a foreign investor comes in and they’ve got to navigate not only federal rules, but they’ve also got to navigate state and local governments that may have their own sets of interests.”

And which party is most repsonsible for creating this bureaucracy, TOTUS? What a dumba$$!

17 posted on 11/14/2011 12:28:26 PM PST by Major Matt Mason (The Chicago Way isn't the American Way.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: IbJensen

This MF needs to look in the mirror if he needs a definition of lazy. One of my biggest fears is that he’s going to wear out AF1, both of them, trying to avoid really being president.


18 posted on 11/14/2011 12:31:18 PM PST by vette6387 (Enough Already!)
[ Post Reply | Private Reply | To 1 | View Replies]

To: IbJensen

Oh I don’t know, Barry. Maybe the investing world got wind of YOU scrooing the GM bondholders - outright illegally - just so you could reward your union buddies. Stuff like that kinda puts a damper on investing.

Didn’t they teach you that in community organization class?


19 posted on 11/14/2011 12:38:56 PM PST by MichaelCorleone (Doesn't anyone love liberty anymore?)
[ Post Reply | Private Reply | To 1 | View Replies]

To: IbJensen
America still has a wealth of natural resources and skilled and innovative workers.

Bloated Unions and government regulations have made our manufacturing less competitive - but we still have the creation of and manufacturing of innovative new products taking place in these United States.

The problem with “service oriented” is who are they going to eventually serve? We cannot all just run cash registers and take orders - some of us at some point need to earn that cash and make the products people are ordering.

My point is that the problem is not the morale or work ethic of the American worker - it is the rampant busy body regulations churned out by the nonproductive segment of our society - and their tendency to favor the well connected - who often help WRITE such legislation/regulation - or gain an exemption from it.

20 posted on 11/14/2011 12:46:35 PM PST by allmendream (Tea Party did not send the GOP to D.C. to negotiate the terms of our surrender to socialism.)
[ Post Reply | Private Reply | To 15 | View Replies]

To: IbJensen

OBAMA is a Jacka**, (apologies to JA”S)

IF AMERICAN businesses are making a run for the border due to regs,laws and TAXES, PLEASE ZERO..tell us how you think us LAZY Americans can get foreign businesses to invest here?

HUH..TELL US you pathetic,ignorant pRESIDENT.


21 posted on 11/14/2011 12:46:53 PM PST by marty60
[ Post Reply | Private Reply | To 1 | View Replies]

To: Enterprise

>>I have a GREAT idea! Let’s attract a Canadian oil pipeline.<<

Good one!


22 posted on 11/14/2011 1:03:54 PM PST by servantboy777
[ Post Reply | Private Reply | To 8 | View Replies]

To: IbJensen
American’s jobs and manufacturing base have been DRIVEN offshore by a combined massive burden of taxation, regulations and insane legal liabilities of doing business, insane disability regulations and the need to fund a huge non productive welfare entitlement system.
23 posted on 11/14/2011 1:17:09 PM PST by rdcbn
[ Post Reply | Private Reply | To 1 | View Replies]

To: IbJensen

Americans don’t want to attract (more) foreign businesses..... Americans want to start their own businesses....Now get your socialist rear out of our way!


24 posted on 11/14/2011 1:37:31 PM PST by Forty-Niner (The barely bare, berry bear formerly known as..........Ursus Arctos Horribilis.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: IbJensen

I’m surprised even Obozo could stand himself, giving this speech. If we actually wanted to attract foreign investment in new US based factories, we would lower our federal tax rates, we would drastically lessen the power of the EPA to prevent development, and we would quit providing federal government support to big labor unions who push our labor rates ever higher so as to be non-competitive. All of this is the complete opposite of Obama’s policies, and he wouldn’t even argue the point.


25 posted on 11/14/2011 2:16:57 PM PST by Avid Coug
[ Post Reply | Private Reply | To 1 | View Replies]

To: IbJensen
He is ignorant.

Last year, the trade deficit was $479 billion. Now, all those dollars have to return to the U.S. because you can't spend them anywhere else. So, that represents almost $1/2 billion in foreign investment (if they don't buy our goods or services, they buy our debt, equities or other assets).

Of course, the Federal government issued $1.3 trillion worth of debt last year to pay its deficit, so a lot of foreign investment was siphoned away from the private sector and went, instead, to Washington.

None of it has anything to do with free trade. It's all a result of government debt and government inflation. Obama, of course, wouldn't know anything about any of that. Unfortunately, I don't think Bernanke does, either.

26 posted on 11/14/2011 2:37:10 PM PST by BfloGuy (Even the opponents of Socialism are dominated by socialist ideas.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: BfloGuy

Throughout contemporary history there has never been a communist leader who wasn’t so damned evil that he surely went directly to hell. The entire idea of socialism cum communism is such convoluted thought in itself that when a nut case is heading up the evil theory only chaos ensues.

This commie fatherless scum takes the cake. He’s not ordered mass murders yet, but that was on the back burner once he’d consolidated the power the nincompoops and the Republicrats handed to him.

AND he’s a walking, talking lie!

Drug kicking from his warm White Hut and then straddled atop a rail with tar and feathers thrown at him isn’t punishment enough for what he’s done to this nation.


27 posted on 11/15/2011 5:37:17 AM PST by IbJensen (What this country needs are more unemployed politicians.)
[ Post Reply | Private Reply | To 26 | View Replies]

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson