Obama: Limited Gov't That Preserves Free Markets 'Doesn't Work. It Has Never Worked'

CNS News ^ | December 7, 2011 | Terence P. Jeffrey

[Son House]

In a speech delivered at Osawatomie High School in Osawatomie, Kansas, on Tuesday, President Barack Obama argued that while a limited government that preserves free markets "speaks to our rugged individualism" as Americans, such a system "doesn't work" and "has never worked" and that Americans must look to a more activist government that taxes more, spends more and regulates more if they want to preserve the middle class.

"'[T]here is a certain crowd in Washington who, for the last few decades, have said, let’s respond to this economic challenge with the same old tune. 'The market will take care of everything,' they tell us," said Obama. "If we just cut more regulations and cut more taxes--especially for the wealthy--our economy will grow stronger.

"Sure, they say, there will be winners and losers," Obama continued. "But if the winners do really well, then jobs and prosperity will eventually trickle down to everybody else. And, they argue, even if prosperity doesn’t trickle down, well, that’s the price of liberty.

"Now, it’s a simple theory," said Obama. "And we have to admit, it’s one that speaks to our rugged individualism and our healthy skepticism of too much government. That’s in America’s DNA. And that theory fits well on a bumper sticker. But here’s the problem: It doesn’t work. It has never worked.

"It didn’t work when it was tried in the decade before the Great Depression," said Obama. "It’s not what led to the incredible postwar booms of the ‘50s and ‘60s. And it didn’t work when we tried it during the last decade. I mean, understand, it’s not as if we haven’t tried this theory.

"Remember in those years, in 2001 and 2003, Congress passed two of the most expensive tax cuts for the wealthy in history," said Obama. "And what did it get us? The slowest job growth in half a century. Massive deficits that have made it much harder to pay for the investments that built this country and provided the basic security that helped millions of Americans reach and stay in the middle class==things like education and infrastructure, science and technology, Medicare and Social Security.

"Remember that in those same years, thanks to some of the same folks who are now running Congress, we had weak regulation, we had little oversight, and what did it get us?" said Obama. "Insurance companies that jacked up people’s premiums with impunity and denied care to patients who were sick, mortgage lenders that tricked families into buying homes they couldn’t afford, a financial sector where irresponsibility and lack of basic oversight nearly destroyed our entire economy.

"We simply cannot return to this brand of 'you’re on your own' economics if we’re serious about rebuilding the middle class in this country," said Obama.

[butterdezillion]

Did you get a ping to http://www.freerepublic.com/focus/chat/2896349/posts?page=221#221 ?

Trying to figure out where I’m at.

[OldEarlGray]

>>So, what next?

Consequences.

Read Romans 1:18++

“Because of this, God gave them over...”

[stocksthatgoup]

bttt

[Elendur]

such a system “doesn’t work” and “has never worked”
///
i noticed he ignored all history before 1920.
...seems to me, things generally worked great,
until 1912, and the Constitution was fundementally changed.

[stocksthatgoup]

Thanks for this post!

[VideoDoctor]

We have to keep in mind that we are addressing idiots.

Your statement reminded of the first time I saw the movie "idiocracy".

I thought it was funny and clever... but highly improbable.

Now I wonder if the movie wasn't somewhat prophetic.

[sirchtruth]

Here's what keeps me up at night -

If you want to destroy America you have to go after the financial systems and foundational structures because capitalism and the tenants of Christianity are the backbone of this country. We are wildly successful because of this. Obama and his ilk are doing everything they can to KNOWINGLY tear apart this system.

Ignorant or not, progressives are evil prix for trying to dismantle the greatest, most successful economic and culturally advanced system in the HISTORY of the world. They must fail God willing and the crick don't rise!

[pieceofthepuzzle]

“FUBO
Move to North Korea or Cuba if you don’t f*ckin’ like capitalism.”

Exactly!!!!

First, you jug-earred moron. Even the poor in this country live better than many that would be considered middle-class in other countries. That's because of capitalism and because a rising tide lifts all boats higher. It's absolutely true. Obama and his ilk don't like the idea that people can make themselves better off by their own efforts, and therefore have more than those that didn't put forth the same effort. They don't want to admit that some live with less because of choices they made, and not because government and society were unfair to them.

[OldEarlGray]

"ESTABLISH THE LAW FOR EDUCATING THE COMMON PEOPLE; THIS IT IS THE BUSINESS OF THE STATE TO EFFECT AND ON A GENERAL PLAN"
--Thomas Jefferson

How does that work?

[OldEarlGray]

If you want to destroy America you have to go after the financial systems and foundational structures 

Observe how the Oligarchic Kleptocracy poisoned the financial infrastructure with sub-prime derivative a$$paper:

 

"Oops"

Follow the....

http://www.campaignmoney.com/finance.asp?type=in&cycle=08&criteria=pritzker&fname=penny

 

[Son House]

Rush Limbaugh on:
President Obama’s Osawatomie Speech was a Marxist Attack on America
http://www.rushlimbaugh.com/daily/2011/12/07/president_obama_s_osawatomie_speech_was_a_marxist_attack_on_america
and
http://www.freerepublic.com/focus/f-news/2926064/posts

[Son House]

Watch it from the Rush Limbaugh show;

Obama’s Marxist Attack on America pt1.mp4
http://www.youtube.com/watch?v=Vt3adJ6AUfU
Obama’s Marxist Attack on America pt2.mp4
http://www.youtube.com/watch?v=B6b2FwfUhJg
Obama’s Marxist Attack on America pt3.mp4
http://www.youtube.com/watch?v=a6PFdSxc1LE
Obama’s Marxist Attack on America pt4(audio sound bytes)
http://www.youtube.com/watch?v=lauHT80jPws
Obama’s Marxist Attack on America pt5.mp4
http://www.youtube.com/watch?v=Is6amQsC03M
Obama’s Marxist Attack on America pt6.mp4
http://www.youtube.com/watch?v=nFmZxT-7P1g

[StAnDeliver]

"Remember in those years, in 2001 and 2003, Congress passed two of the most expensive tax cuts for the wealthy in history," said Obama. "And what did it get us? The slowest job growth in half a century. Massive deficits that have made it much harder to pay for the investments that built this country and provided the basic security that helped millions of Americans reach and stay in the middle class==things like education and infrastructure, science and technology, Medicare and Social Security."

Shuckin' and jivin', and even his empty chairheads can see right through it...

[TigersEye]

Obama: Limited Gov't That Preserves Free Markets 'Doesn't Work. It Has Never Worked'

He says while standing in a nation whose rise of freedom and prosperity has exceeded all historical precedents in speed and magnitude and has been so phenomenal that it has literally lifted the lives of half the inhabitants of the planet to a level only the very wealthy knew only two centuries ago.

0bama is a cretin.

[Biggirl]

Not surprised, Obama KNOWS he is on the OUTS.

[OldEarlGray]

How'bout a nice game of Sabbatean dialectic sheeple-pong?

Right? Who was Ambassador Roland "The Godfather of Subprime" Arnall?  

Left? Who is Penny Pritkzer?  Is she a Marxist - or just one of the usual NyLon-wearing sheeple-fleecers laughing, atop the pyramid, at the silly proles bouncing impotently, headlessly, back and forth across the sacrificial table whilst she and her ilk pretend to make the Sun go dark ala the Weathermen's predicted behavior...

 

 

Dn't need n Weatherman t see which waybama's wind

blws.

 

"Behind the Violence, Says Jane Alpert, Was Sex"

--November 09, 1981--
"The leaders of the Weather Underground, she believes, followed a similar pattern of constantly shifting sexual alliances..."

http://www.people.com/people/archive/article/0,,20080637,00.html

"He [Bill Ayers] also writes about the Weathermen's sexual experimentation as they tried to 'smash monogamy.' The Weathermen were 'an army of lovers,' he says, and describes having had different sexual partners, including his best male friend."

Source: New York Times, September 11, 2001: "No Regrets for a Love Of Explosives; In a Memoir of Sorts, a War Protester Talks of Life With the Weathermen"
http://query.nytimes.com/gst/fullpage.html?res=9F02E1DE1438F932A2575AC0A9679C8B63&sec=&spon=&pagewanted=1

"...the Weathermen, when not engaged in group sex, committed such revolutionary acts as parading with a Viet Cong flag through a local park on Independence Day and spray-painting the walls of a high school with the slogans, "Off the Pigs," "Viet Cong Will Win," and "F#$k U.S. Imperialism."..."

Campus Wars: The Peace Movement At American State Universities in the Vietnam Era

 

"What happens next bears watching closely, as does the response of the president, ex-Speaker Pelosi, and others on the left.  Encouraged by leftists in the Democratic Party and funded by left-leaning nonprofit organizations and celebrity contributors, Occupy Wall Street may in time morph into something resembling the radical factions of the late 1960s and 1970s."

http://www.americanthinker.com/2011/10/predicting_the_weatherman.html

The Osawatomie Coincidence

http://www.freerepublic.com/focus/f-news/2818309/posts

[Vaduz]

Obama’s words fit the photo.

Americans must look to a more activist government that taxes more, spends more and regulates more.

Obama’s got nothing but bad ideas bad mouth bad past.

[CitizenUSA]

BHF: “Like moths to the flame.”

You’re sure right. The human mind amazes me. How can people so completely separate the reality of their day to day interactions with others and government policy? No one, NO ONE, would let other people vote to redistribute what that person owns. It would be like comparing bank accounts before a party, and whoever has the most gets to pay. Yet, that’s exactly what President Obama proposes for the economy.

My point about the argument being compelling is a very important one. There are people in Russia and East Germany today who would love to return to the days of the USSR. Those in power want a return to their lives of privilege at the expense of their comrades. Those who are unwilling to work for what they want hope for free stuff. It doesn’t matter if they have to beggar their neighbor so long as they’re taken care of.

I see it as the difference between adults and children. Leftists, in my opinion, are children, and just like children, they love fantasies. That’s what President Obama proposes! In his world, no matter who you are or what you do you’ll be taken care of. Food, shelter, a free education, etc. are yours simply by virtue of being born. You don’t have to earn it. The community owes you!

I served for over two decades in the Cold War to defeat this wicked, but persuasive, ideology.

[manc]

exactly, plus those college kids are away from parents and feel they have to fit in thus the lefty kooks and those who are employed there are very vocal and making it appear to be an outsdier if you have right wing views.
so much for diversity and tolerance hey .

[Alex Murphy]

"'[T]here is a certain crowd in Washington who, for the last few decades, have said, let’s respond to this economic challenge with the same old tune. 'The market will take care of everything,' they tell us," said Obama. "If we just cut more regulations and cut more taxes--especially for the wealthy--our economy will grow stronger.

"Sure, they say, there will be winners and losers," Obama continued. "But if the winners do really well, then jobs and prosperity will eventually trickle down to everybody else. And, they argue, even if prosperity doesn’t trickle down, well, that’s the price of liberty.

"Now, it’s a simple theory," said Obama. "And we have to admit, it’s one that speaks to our rugged individualism and our healthy skepticism of too much government. That’s in America’s DNA. And that theory fits well on a bumper sticker. But here’s the problem: It doesn’t work. It has never worked.

"It didn’t work when it was tried in the decade before the Great Depression," said Obama. "It’s not what led to the incredible postwar booms of the ‘50s and ‘60s. And it didn’t work when we tried it during the last decade. I mean, understand, it’s not as if we haven’t tried this before..."

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