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Obama Suffers From Economic Schizophrenia
IBD Editorials ^ | June 15, 2011 | HOWARD RICH

Posted on 06/15/2011 6:17:19 PM PDT by Kaslin

With deteriorating economic conditions putting a damper on his poll numbers and jeopardizing his 2012 re-election prospects, Barack Obama now portrays himself as a free-market leader for a change.

Yet while he poses for pictures with CEOs and unveils a private-sector "jobs plan," his administration remains fundamentally committed to sabotaging the American marketplace at every turn.

In North Carolina this week, Obama accepted the recommendations of his jobs council — corporate leaders who were asked to provide new economic ideas. What he got instead was a hodge-podge of recycled reforms — including an unspecified reduction in red tape, a pledge to expand financing for small businesses and another round of "energy efficiency" initiatives aimed at creating those "green jobs" he's so fond of talking about.

"What we want for growth is that it be centered in the private sector," Obama's chief economist said earlier this month. "We've got to do what we can to get the private sector leading the recovery."

Really? Obama certainly didn't want the private sector "leading the recovery" when he pushed through a massive bureaucratic bailout shortly after taking office — nor did he want it "leading the recovery" when he scored new government rules over Wall Street.

Also, what about socialized medicine, the elimination of welfare reform and the bailouts of Fannie Mae and Freddie Mac? Obviously the private sector wasn't "leading the recovery" as it relates to any of those proposals either. And make no mistake — for all of his recent photo ops with corporate chieftains, Obama has absolutely no intention of letting the private sector lead the way now.

(Excerpt) Read more at investors.com ...


TOPICS: Business/Economy; Culture/Society; Editorial
KEYWORDS: economicsabotage; economy; sabotage
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1 posted on 06/15/2011 6:17:24 PM PDT by Kaslin
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To: Kaslin

That gurgling sound you hear is Obama standing on his shit (sic) of state as it slowly joins the Titantic. It is over for The One let’s hope it is not over for Everyone.


2 posted on 06/15/2011 6:25:41 PM PDT by hflynn
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To: Kaslin

That gurgling sound you hear is Obama standing on his shit (sic) of state as it slowly joins the Titantic. It is over for The One let’s hope it is not over for Everyone.


3 posted on 06/15/2011 6:26:58 PM PDT by hflynn
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To: Kaslin
"What we want for growth is that it be centered in the private sector," Obama's chief economist said earlier this month. "We've got to do what we can to get the private sector leading the recovery."

They are lying.

4 posted on 06/15/2011 6:32:12 PM PDT by FatherofFive (Islam is evil and must be eradicated)
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To: Kaslin
It isn't schizophrenia. It's taqueria, or lying to the infidel.

Sharia Law permits/requires it of MudSlimes.

5 posted on 06/15/2011 6:34:58 PM PDT by rawcatslyentist (It is necessary that a person be born of a father who is a citizen; ~Vattel's Law of Nations)
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To: Kaslin
Copied From FReeper: C210N

0B0Z0!

6 posted on 06/15/2011 6:36:14 PM PDT by Fiddlstix (Warning! This Is A Subliminal Tagline! Read it at your own risk!(Presented by TagLines R US))
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To: FatherofFive

Liberals are incapable from speaking the truth


7 posted on 06/15/2011 6:36:28 PM PDT by Kaslin (Acronym for OBAMA: One Big Ass Mistake America)
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To: FatherofFive

Which Chief Economist was this?

I’m trying to figure out if he’s had 5 or 6.

It’s like changing head coaches on the Detroit Lions, only more often.


8 posted on 06/15/2011 6:36:45 PM PDT by nascarnation
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To: Kaslin

“We’ve got to do what we can to get the private sector leading the recovery

To obamites, that is codespeak for “It’s the patriotic duty of the private sector to pay higher taxes and pad their payrolls with more union drones...”


9 posted on 06/15/2011 6:37:18 PM PDT by silverleaf (All that is necessary for evil to succeed, is that good men do nothing)
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To: Kaslin

“We’ve got to do what we can to get the private sector leading the recovery

To obamites, that is codespeak for “It’s the patriotic duty of the private sector to pay higher taxes and pad their payrolls with more union drones...”


10 posted on 06/15/2011 6:37:35 PM PDT by silverleaf (All that is necessary for evil to succeed, is that good men do nothing)
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Comment #11 Removed by Moderator

To: Kaslin

“Economic Schizophrenia” - my ass! He has been and is STILL focused on, in HIS OWN WORDS, “fundamentally transforming the United States of America!” by turning us into a socialist nightmare! We have elected a man who HATES this nation, the way it excelled and the people who have made it the greatest nation on earth! There is nothing, ABSOLUTELY NOTHING that he has EVER said or done that shows he has anything but contempt for free enterprise and the individual. It has always been the “collective” and “the community organizations” AGAINST the rights of the individual to enjoy the fruits of their own labor! He is a marxist in every sense of the word.


12 posted on 06/15/2011 6:38:55 PM PDT by Mr. Jazzy (The United States Marine Corps, your greatest friend or your worst enemy. YOU choose.)
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To: Kaslin

Damn those ATM machines anyway.


13 posted on 06/15/2011 6:39:54 PM PDT by Don Corleone ("Oil the gun..eat the cannoli. Take it to the Mattress.")
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To: Kaslin

I’m surprised that Obama hasn’t proposed outlawing ATMs.


14 posted on 06/15/2011 6:42:30 PM PDT by sportutegrl
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To: Mr. Jazzy

Well said.....


15 posted on 06/15/2011 6:55:37 PM PDT by Gator113 ("GAME ON." I'll be voting for Sarah Palin, Liberty, our Constitution and American Exceptionalism.)
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To: Kaslin
Barack Obama now portrays himself as a free-market leader for a change.

He was raised by a mother who was a communist

Grandparents who were communists

Uncle Frank was a communist

Educated at Columbia and Harvard by Marxist/Anarchists

His best buddy and wife (Bill & Bernadette)
in Chicago are Maoist "Domestic Terrorists"

He hires Marxist/Anarchists for staff.

His "Economic Advisors" are Keynesians ( read socialist)

And we wonder why his policies have failed.

He only seems to have one skill set:
reading a teleprompter very well


16 posted on 06/15/2011 6:57:51 PM PDT by Uri’el-2012 (Psalm 119:174 I long for Your salvation, YHvH, Your law is my delight.)
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To: sportutegrl; Don Corleone

At the beginning of his show Hannity was talking to Michelle Malkin about 0bama blaming the ATM machines. He said something to the effect that 0bama is ignoring that ATM machines have to be filled by people


17 posted on 06/15/2011 7:07:18 PM PDT by Kaslin (Acronym for OBAMA: One Big Ass Mistake America)
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To: Kaslin

Obama is holding the economic Sword of Damocles over the head of American business. They know he can let the sword of ruinous regulation fall at any time he wishes. Which why they’re hesitant to do anything. Probably nothing will get done until The Grand Redistributor gets thrown out of office.


18 posted on 06/15/2011 7:27:33 PM PDT by driftless2
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To: Kaslin

Any “private sector growth” will be nothing but crony capitalism.


19 posted on 06/15/2011 7:34:16 PM PDT by Blood of Tyrants (Islam is the religion of Satan and Mohammed was his minion.)
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To: Kaslin

Obama is suffering from absolutely nothing. He is effortlessly turning a beautiful Republic into a third world country!


20 posted on 06/15/2011 7:39:23 PM PDT by Paperdoll (NO MORE BUSHS!)
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