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

Skip to comments.

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
Navigation: use the links below to view more comments.
first 1-2021-4041-44 next last
Peter Schiff for Secretary of the Treasury!
1 posted on 12/11/2011 10:33:45 AM PST by Nachum
[ Post Reply | Private Reply | View Replies]

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)
[ Post Reply | Private Reply | To 1 | View Replies]

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!!)
[ Post Reply | Private Reply | To 1 | View Replies]

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
[ Post Reply | Private Reply | To 3 | View Replies]

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)
[ Post Reply | Private Reply | To 3 | View Replies]

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)
[ Post Reply | Private Reply | To 1 | View Replies]

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
[ Post Reply | Private Reply | To 3 | View Replies]

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!!!!)
[ Post Reply | Private Reply | To 1 | View Replies]

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)
[ Post Reply | Private Reply | To 8 | View Replies]

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
[ Post Reply | Private Reply | To 6 | View Replies]

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
[ Post Reply | Private Reply | To 2 | View Replies]

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.)
[ Post Reply | Private Reply | To 1 | View Replies]

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)
[ Post Reply | Private Reply | To 10 | View Replies]

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
[ Post Reply | Private Reply | To 7 | View Replies]

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.)
[ Post Reply | Private Reply | To 1 | View Replies]

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!!)
[ Post Reply | Private Reply | To 7 | View Replies]

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.)
[ Post Reply | Private Reply | To 3 | View Replies]

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'!)
[ Post Reply | Private Reply | To 1 | View Replies]

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.)
[ Post Reply | Private Reply | To 5 | View Replies]

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)
[ Post Reply | Private Reply | To 1 | View Replies]


Navigation: use the links below to view more comments.
first 1-2021-4041-44 next last

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