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Obama Says Free Markets Never Work
Town Hall ^ | 12/11/11 | Peter Schiff

Posted on 12/11/2011 10:33:44 AM PST by Nachum

For most of his time as a national political figure, Barack Obama has been careful to cloak his core socialist leanings behind a veil of pro-capitalist rhetoric. This makes strategic sense, as Americans still largely identify as pro-capitalist. However, based on his recent speech in Osawatomie, Kansas, the President appears to have reassessed the political landscape in advance of the 2012 elections. Based on the growth of the Occupy Wall Street movement, and the recent defeat of Republicans in special elections, he has perhaps sensed a surge of left-leaning sentiment; and, as a result, he finally dropped the pretense.

According to our President's new view of history, capitalism is a theory that has "never worked." He argues that its appeal can't be justified by results, but its popularity is based on Americans' preference for an economic ideology that "fits well on a bumper sticker." He feels that capitalism speaks to the flaws in the American DNA, those deeply rooted creation myths that elevate the achievements of individuals and cast unwarranted skepticism on the benefits of government. He argues that this pre-disposition has been exploited by the rich to popularize policies that benefit themselves at the expense of the poor and middle class.

But Obama's knowledge of history is limited to what is written on his teleprompter. And his selection of the same location that Teddy Roosevelt used to chart an abrupt departure into populist politics is deeply symbolic in the opposite way to that which he intended. It is not by some genetic fluke that Americans distrust government. It is an integral and essential part of our heritage. The United States was founded by people who distrusted government intensely and was subsequently settled, over successive generations, by people fleeing the ravages of government oppression. These Americans relied on capitalism

(Excerpt) Read more at finance.townhall.com ...


TOPICS: Business/Economy; Government; News/Current Events
KEYWORDS: capitalism; free; freemarkets; markets; obama; peterschiff; schiff; schiffpeterschiff
Peter Schiff for Secretary of the Treasury!
1 posted on 12/11/2011 10:33:45 AM PST by Nachum
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To: Nachum

Capitalism has proved itself time and time again. What has always failed is Communism. This jackwagon wouldn’t know the truth if it bit him.


2 posted on 12/11/2011 10:37:33 AM PST by Hoosier-Daddy ( "It does no good to be a super power if you have to worry what the neighbors think." BuffaloJack)
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To: Nachum

Obama says capitalism doesn’t work and never has worked in America. Says capitalism has failed.

The man is a total Marxist/communist! Totally unAmerican.


3 posted on 12/11/2011 10:37:52 AM PST by Jim Robinson (Rebellion is brewing!! Impeach the corrupt Marxist bastard!!)
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To: Jim Robinson

I just encountered one of obama’s disciples from Michican. He believes every word out of obama’s mouth.


4 posted on 12/11/2011 10:41:04 AM PST by sport
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To: Jim Robinson

The mask is officially off. Can he be arrested now?


5 posted on 12/11/2011 10:42:30 AM PST by Hoosier-Daddy ( "It does no good to be a super power if you have to worry what the neighbors think." BuffaloJack)
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To: Nachum
how would he know? the boy isn't smart enough to understand the business model of a lemonade stand...
6 posted on 12/11/2011 10:48:03 AM PST by Chode (American Hedonist - *DTOM* -ww- NO Pity for the LAZY)
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To: Jim Robinson
The man is a total Marxist/communist! Totally unAmerican.

True enough. But I think he's convinced a large enough segment of American voters has been brainwashed by public schools, media and popular culture to reject the discipline of capitalism and demand European-style socialism. He's betting his reelection on it.

7 posted on 12/11/2011 10:48:07 AM PST by Bernard Marx
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To: Nachum

Without a free economy to feed off of, communism/socialism cannot survive. Somebody has to pay the bills. Communism/socialism has to keep the unwashed masses pacified by keeping them high on booze and/or drugs.


8 posted on 12/11/2011 10:54:05 AM PST by FlingWingFlyer (Stop BIG Government Greed Now!!!!)
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To: FlingWingFlyer

Obama = parasite for sore eyes


9 posted on 12/11/2011 10:55:29 AM PST by Nachum (The complete Obama list at www.nachumlist.com)
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To: Chode
Photobucket

"...he couldn’t sell watermelons if you gave him the state troopers to flag down the traffic.”

10 posted on 12/11/2011 10:56:33 AM PST by digger48
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To: Hoosier-Daddy
I wish someone would give Obama a copy of Basic Economics by Thomas Sowell. So clear and concise even Barack Obama could understand it. Maybe.
11 posted on 12/11/2011 10:58:27 AM PST by fhayek
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To: Nachum

Capitalism doesn’t work? This piece of tissue called Barrack Obama isn’t stupid. This man is insane. The clothes on his back, the food he eats, the jet he travels around in, every G-damned thing he see’s, buildings, cars, highways and the home he lives in(and the X-Box 360 my wife bought me last Christmas, bless her) has been bought about by capitalism practiced in a free-market economy in a country founded on individual freedom exercised in a representative democratic form of government. So there you have it folks, Barky says none of this works. Honest to God, how I’d love to beat some sense into this arrogant stupid little prick ‘cuz Good God Almighty he sure needs it.


12 posted on 12/11/2011 11:00:04 AM PST by jmacusa (Political correctness is cultural Marxism. I'm not a Marxist.)
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To: digger48
LOLOLOLOLOLOL...
13 posted on 12/11/2011 11:00:11 AM PST by Chode (American Hedonist - *DTOM* -ww- NO Pity for the LAZY)
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To: Bernard Marx

“But I think he’s convinced a large enough segment of American voters has been brainwashed by public schools, media and popular culture to reject the discipline of capitalism and demand European-style socialism”

Yup! And while the majority of Americans see OWS as a planned, paid, political announcement of the far left and Soros, Those kids from public schools and communist public universities will be seeing it as something real. the young and brainwashed have to be shown the truth.

All that needs to be done is one weekend this spring, the tea party and any other center to right Constitutionalists need to just quietly gather and walk through the cities bypassing the OWS and show them the true 75%. Those willing to say the Pledge of Allegiance are all welcome.


14 posted on 12/11/2011 11:02:11 AM PST by huldah1776
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To: Nachum

In related news, Free Markets say Obama never works.


15 posted on 12/11/2011 11:03:46 AM PST by arderkrag (Georgia is God's Country. LOOKING FOR ROLEPLAYERS. Check Profile.)
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To: Bernard Marx

Obama is something capitalists and lovers of freedom scrape off the bottom of their shoes.


16 posted on 12/11/2011 11:14:08 AM PST by Jim Robinson (Rebellion is brewing!! Impeach the corrupt Marxist bastard!!)
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To: Jim Robinson

“He feels that capitalism speaks to the flaws in the American DNA, those deeply rooted creation myths that elevate the achievements of individuals and cast unwarranted skepticism on the benefits of government. He argues that this pre-disposition has been exploited by the rich to popularize policies that benefit themselves at the expense of the poor and middle class.”

Yes, Hussein is out in the open now (I will never call him anything but Hussein from now on). He is determined to kill the country. We must stop him before he kills us. In my opinion, he is a Muslim hell bent to destroy capitalism which built this country. He knows that’s the way to do it - turn Americans against those who create wealth and thereby make everyone poor and dependant on the government for basic needs - water and food. He is Satan on steriods.


17 posted on 12/11/2011 11:25:08 AM PST by Marcella (Newt will smash Obama in debates. Newt needs money.)
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To: Nachum

This should be RED MEAT for the Republicans...err...probably not the RHINO’s but for true conservatives.


18 posted on 12/11/2011 11:30:52 AM PST by Balata (It's 'WE THE PEOPLE' Obama, not 'WE THE SHEEPLE'!)
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To: Hoosier-Daddy
The mask is officially off. Can he be arrested now?

I wish. See my tagline below.
19 posted on 12/11/2011 11:36:06 AM PST by Nowhere Man (General James Mattoon Scott, where are you when we need you? We need a regime change.)
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To: aflaak

ping


20 posted on 12/11/2011 11:37:33 AM PST by r-q-tek86 ("It doesn't matter how smart you are if you don't stop and think" - Dr. Sowell)
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To: Nachum
Let's send Obama one of these t-shirts:


21 posted on 12/11/2011 11:38:05 AM PST by Disambiguator
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To: Nachum
And who could forget this little gem from the Republican Establishment's 2008 presidential pick!

"Barack Obama would make a good president."


22 posted on 12/11/2011 11:39:02 AM PST by COBOL2Java (Obama is the least qualified guy in whatever room he walks into.)
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To: FlingWingFlyer
Without a free economy to feed off of, communism/socialism cannot survive.

True believers like Obama don't recognize that fact. He honestly believes that government can build factories and control production and distribution.

True to form, he believes that the reason socialism/Marxism/communism has failed in the past is because HE wasn't there to direct it.

23 posted on 12/11/2011 11:39:44 AM PST by RoosterRedux
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To: Hoosier-Daddy
Here ya go, we can always dream.....

It is Morning in America
24 posted on 12/11/2011 11:41:29 AM PST by Nowhere Man (General James Mattoon Scott, where are you when we need you? We need a regime change.)
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To: Nachum
So we're suppose to throw away our inalienable rights, our heritage for this?!


25 posted on 12/11/2011 11:43:31 AM PST by WilliamofCarmichael (If modern America's Man on Horseback is out there, Get on the damn horse already!)
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To: RoosterRedux
...he believes that the reason socialism/Marxism/communism has failed in the past is because HE wasn't there to direct it.

Bingo! You nailed it right there. Commie libs always think they can do it better because they went to college and are "really smart" (because they went to college).

26 posted on 12/11/2011 11:45:06 AM PST by FlingWingFlyer (Stop BIG Government Greed Now!!!!)
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To: Nachum

What would one expect from somebody whose only exposure to American life was a partial childhood in Hawaii from a mixed unmarried family, but had been raised by Marxists in Indonesia and financially supported from socialized programs nobody else would be allowed to compete to receive?


27 posted on 12/11/2011 11:47:18 AM PST by Cvengr (Adversity in life and death is inevitable. Thru faith in Christ, stress is optional.)
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To: All
Obama is the biological and ideological child of 1960s literati,

and an Isflamist (what he say is flam).

28 posted on 12/11/2011 11:52:25 AM PST by WilliamofCarmichael (If modern America's Man on Horseback is out there, Get on the damn horse already!)
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To: Nowhere Man

Obama’s response to the Gipper’s famous ad would have been “It’s Mourning in America.” Everything was wrong, in Comrade Obama’s view, after four years of Reagan.


29 posted on 12/11/2011 11:53:26 AM PST by JohnBovenmyer (Obama been Liberal. Hope Change!)
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To: Nachum

But Socialism has a stellar track record!

Just look at Viet Nam, Cambodia, Russia, China, Venuzuela, Cuba, and all the other socialist paradises!!!

Maybe “never works” means something diferent on his planet


30 posted on 12/11/2011 11:56:52 AM PST by Mr. K (Physically unable to profreed <--- oops, see?)
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To: huldah1776
All that needs to be done is one weekend this spring, the tea party and any other center to right Constitutionalists need to just quietly gather and walk through the cities bypassing the OWS and show them the true 75%. Those willing to say the Pledge of Allegiance are all welcome.

Get a couple of thousand Tea Partiers to march up to an Obamaville and say the "Pledge of Allegance".

31 posted on 12/11/2011 12:08:14 PM PST by Mike Darancette (Either Obama can beat any GOP candidate or no GOP candidate.)
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To: Nachum

Capitalism isn’t always free market is it?


32 posted on 12/11/2011 12:11:05 PM PST by Mike Darancette (Either Obama can beat any GOP candidate or no GOP candidate.)
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To: Nachum

Free markets say.. obamaism doesn’t work.


33 posted on 12/11/2011 12:15:05 PM PST by momincombatboots (Back to West by G-d Virginia.)
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To: jmacusa

Great post!

But Obama isn’t a piece of tissue.....he’s a piece of USED tissue.


34 posted on 12/11/2011 12:15:41 PM PST by july4thfreedomfoundation (The "Occupy Wall Street" losers should try occupying their local employment office. GET A JOB!)
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To: Nachum
Obama Says Free Markets Never Work

Pr0jection alert.

35 posted on 12/11/2011 12:32:14 PM PST by Hunton Peck (See my FR homepage for a list of businesses that support WI Gov. Scott Walker)
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To: Nachum

It’s your brain, Obamaloon.

That simple tool is the thing that’s never worked.

And it never will, you Cretin.

Not even if you went back to a real university (none of which were in your viva) and were taught by “professors” who actually had the ability to do useful things.


36 posted on 12/11/2011 12:36:49 PM PST by Da Coyote (Liberalism - when you absolutely, positively have no ability to produce wealth.)
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To: Nachum
What we have is NOT capitalism. It isn't capitalism when you privatize the gains and socialize the losses.

We have the makings of "economic fascism".

37 posted on 12/11/2011 1:02:59 PM PST by LZ_Bayonet ( I AM THE TEA PARTY LEADER !)
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To: july4thfreedomfoundation

Thank you. Yeah, he’s used alright. What I should have clarified though is he’s worthless human tissue.


38 posted on 12/11/2011 1:35:32 PM PST by jmacusa (Political correctness is cultural Marxism. I'm not a Marxist.)
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To: jmacusa

LOL! When you said “tissue,” I wasn’t thinking “human tissue.” I was thinking “toilet tissue.”

January 20, 2013 can’t arrive soon enough.


39 posted on 12/11/2011 2:23:57 PM PST by july4thfreedomfoundation (The "Occupy Wall Street" losers should try occupying their local employment office. GET A JOB!)
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To: arderkrag

So true, so true


40 posted on 12/11/2011 2:30:56 PM PST by Kaslin (Acronym for OBAMA: One Big Ass Mistake America)
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To: july4thfreedomfoundation

“January 20, 2013 can’t arrive soon enough.’’ Amen to that!


41 posted on 12/11/2011 2:33:37 PM PST by jmacusa (Political correctness is cultural Marxism. I'm not a Marxist.)
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To: Nachum
"capitalism is a theory that has 'never worked.'"

Spoken by the guy who has never "worked" a real job in his entire life.
42 posted on 12/11/2011 3:45:07 PM PST by indthkr
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To: Nachum
Obama now argues that government is needed once again to save the day. This view is complete fiction and proves that Obama is not qualified to teach elementary school civics, let alone serve as President of the United States.

Has Obama even taken a civics class at any point in his life?

43 posted on 12/11/2011 3:49:07 PM PST by Hoodat (Because they do not change, Therefore they do not fear God. -Psalm 55:19-)
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To: Nachum

I think it more accurate to say that the Markets think Obama doesn’t work.


44 posted on 12/13/2011 4:36:38 PM PST by Hoosier-Daddy ( "It does no good to be a super power if you have to worry what the neighbors think." BuffaloJack)
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