Posted on 08/04/2014 12:06:35 PM PDT by SeekAndFind
America’s corporate officers and CEOs are deeply concerned about a variety of new financial and industrial regulations imposed on them by the administration. In a recent interview with The Economist, President Barack Obama addressed the concerns of American corporate officers and others in a compelling and comprehensive fashion when he told them, essentially, to shut up.
From new regulatory regimes imposed by legislation, like the Affordable Care Act and the Dodd-Frank financial reforms, to executive actions like those which recently allowed the Environmental Protection Agency to regulate carbon emissions, many are sounding the alarm. The president, however, does not think these captains of industry have any standing to complain.
“If you look at what’s happened over the last four or five years, the folks who don’t have a right to complain are the folks at the top,” Obama said.
“I would take the complaints of the corporate community with a grain of salt,” he continued. “They always complain about regulation. That’s their job.”
Reuters noted that Obama has “toned down” the populist rhetoric he appealed to in his first term, including using inflammatory terms like “fat cats” to describe Wall Street-based financial professionals. This new tone Obama displayed in his interview with The Economist is, however, not all that dissimilar from the excessive bombast employed by Occupy’s agitators at the height of that leftist protest movement:
“Oftentimes, you’ll hear some hedge-fund manager say, ‘Oh, he’s just trying to stir class resentment’. No. Feel free to keep your house in the Hamptons and your corporate jet, etcetera. I’m not concerned about how you’re living,” Obama said.
“I am concerned about making sure that we have a system in which the ordinary person who is working hard and is being responsible can get ahead,” he said.
(Excerpt) Read more at hotair.com ...
I hope he is talking to the CEO’s of the abortion clincs!
This from the idiot who said ‘we are all responsible for slavery and racism”, and “You didn’t build that” to Joe, the plumber in Ohio.
He is a schizophreniac. Can’t decide when the government is responsible and when the individual is responsible.
“I would take the complaints of the corporate community with a grain of salt,” he continued. “They always complain about regulation. That’s their job.”
Actually Barak, their JOB is to make a product or service
that makes a profit for their stockholders, but you
wouldn’t know about that...
One purpose of regulations is to force business into bribing bureaucrats or politicians for relief.
Cut off the corporate welfare to Planned Parenthood
Illegals from Central America, maybe..
Unfortunately many of the CEO’S he is speaking of were the ones who supported him financially in the last 2 general elections.
They will probably back him in his third term too!
Just put Obama on MENTAL IGNORE!
“I am concerned about making sure that we have a system in which the ordinary person who is working hard and is being responsible can get ahead...”
I wonder why every single action he does creates just the opposite effect......
This from the delusional feckless fool on the hill.
The Fool On The Hill Lyrics
by Beatles
Day after day
Alone on a hill
The man with the foolish grin
Is keeping perfectly still
But nobody wants to know him
They can see that he’s just a fool
And he never gives an answer
But the fool on the hill
Sees the sun going down
And the eyes in his head
See the world spinning round
Well on the way
Head in a cloud
The man of a thousand voices
Talking perfectly loud
But nobody ever hears him
Or the sound he appears to make
And he never seems to notice
But the fool on the hill
Sees the sun going down
And the eyes in his head
See the world spinning round
And nobody seems to like him
They can tell what he wants to do
And he never shows his feelings
But the fool on the hill
Sees the sun going down
And the eyes in his head
See the world spinning round
Oh, round, an’ round, an’ round, an’ round, an’ round
He never listens to them
He knows that they’re the fools
They don’t like him
The fool on the hill
Sees the sun going down
And the eyes in his head
See the world spinning round
Oh, round, an’ round, an’ round, an’ round
Oh
He has already shown that an ordinary person who is lazy and irresponsible can become president.
I agree. They need to stop complaining and vote with their feet. The US economy can be 100% government and no private sector, right? /sarc
Corporate bigwigs don't have a clue that, regardless what FDR's activist justices wanted everybody to think about the scope of Congress's Commerce Clause powers in Wickard v. Filburn, a previous generation of Constitution-respecting justices had clarified the following limits on Congress's Commerce Clause powers.
”State inspection laws, health laws, and laws for regulating the internal commerce of a State, and those which respect turnpike roads, ferries, &c. are not within the power granted to Congress [emphases added].” —Gibbons v. Ogden, 1824.
In fact, Congress essentially cannot lay taxes on anything that it cannot justify under its constitutional Article I, Section 8-limited powers.
“Congress is not empowered to tax for those purposes which are within the exclusive province of the States.” —Justice John Marshall, Gibbons v. Ogden, 1824.
Liar.
Really?
How's that been working out?
I know I'm working harder, but am worse off financially, than I was 6 years ago
We have a WINNER!
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