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The Incompetent Socialist: Barack Obama
Townhall.com ^ | November 13, 2013 | Michael Schaus

Posted on 11/13/2013 6:50:52 AM PST by Kaslin

Jared Bernstein, the man who was formerly responsible for advising Vice President Joe Biden on economic matters (wow . . . that would be a daunting task), has said that if Obama is a socialist, he’s not a particularly good socialist. In fact, he said the President would have to be considered the “worst socialist ever” because the financial markets have been climbing during his Presidency. And to think everyone used to call me names for suggesting socialism is a tool used to prevent mass prosperity.

Biden's Former Economic Adviser: 'If Obama's a Socialist, He's the Worst Socialist'

Al Sharpton, who is still engaged in a lengthy and protracted attempt to host his own television show with some degree of competency, seemed to agree whole heartedly with the Vice President’s former economic advisor. (Is this economic advisor a member of the same team that insisted we could keep our insurance, and that the 2009 stimulus would hold unemployment under 8 percent?)

“They can’t just argue different economic policies or opposition economic proposals. He has to be a socialist. His plan is a job killer. It’s all this name-calling and gutter talk,” said the MSNBC host who has accused Tea Party members of being racist, bigoted and homophobic. . . Irony abounds.

“We've actually been doing okay, maybe even a little better than okay, given the kinds of head winds and dysfunctional policy that this Congress has been throwing at the economy,” Bernstein replied, as if the litmus test for socialist policy is found within the S&P or Dow Jones Industrial.

We have to assume, given Bernstein’s cozy relationship with the socialistically inclined White House, that he was not referring to Obamacare when he referenced all that “dysfunctional policy” coming from DC.

It is true that the market has gone up. Markets tend to do that when a nation begins to devalue its currency en masse, and the government is unapologetically handing out favors to big business. Our “recovery”, however, has been largely the product of imaginative statistics and media spin. Over 91.5 million Americans are now out of the workforce – a 35 year low. A record number of people are now on food stamps, social security disability, and long term unemployment assistance. Full time jobs are drying up faster than private sector health insurance plans, and the underemployment rate continues to climb.

To suggest that the descriptive term “socialist” is inaccurate due to the fact that markets have climbed during the President’s tenure at 1600 Pennsylvania Avenue is a fairly weak argument. Especially given the White House’s consistent vilification of people who manage to accumulate wealth in today’s economy. (Unless, of course, they are prominent supporters. . . Apparently being wealthy is “ok” if you use your cash to promote a liberal agenda.)

Then came the coup de grâce:

“Imagine how we could be doing if there were good economic policies,” Bernstein said.

Good economic policies? Are we to assume he is referring to the President’s unadopted plans for economic recovery? Would this include things like making the rich “pay their fair share”, taxing capital gains at a higher rate, placing transaction fees on market trades, imposing taxes on carbon, and increasing redistributive welfare programs? Sounds kinda socialist. . . Just ask Francois Hollande.

The statement made by Bernstein was almost as laughable as the mental image of him attempting to discuss economics with Joe (open-mouth-insert-foot) Biden; in large part because the President’s proposed concepts of economic stewardship are merely clones of socialist party platforms from across the Atlantic.

Maybe Bernstein was on to something after all. . . The President has been seemingly unable to forge consensus among political factions on Capitol Hill. That, however, seems to be more illustrative of his leadership capabilities than his socialistic tendencies; but I assume Bernstein did not intend the comment as an assessment on Obama’s competency. Would it make Bernstein more comfortable if we referred to the President as America’s incompetent socialist?


TOPICS: Business/Economy; Culture/Society; Editorial; Government
KEYWORDS: 0bamanomics; cronycapitalism; fail; muslimfail; quantitativeeasing; socialism; socialismfail

1 posted on 11/13/2013 6:50:52 AM PST by Kaslin
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To: Kaslin
It's not incompetent at all. It's brilliant, diabolical, and it's on schedule.


2 posted on 11/13/2013 6:54:04 AM PST by Travis McGee (www.EnemiesForeignAndDomestic.com)
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To: Kaslin

Uh, isn’t the term “Incompetent Socialist” redundant?


3 posted on 11/13/2013 6:57:53 AM PST by Graewoulf (Democrats' Obamacare Socialist Health Insur. Tax violates U.S. Constitution AND Anti-Trust Law.)
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To: Kaslin

So far he’s managed to destroy much of the American dream in only 5 years so I’d say he’s successful. Maybe not so much him because I think he’s and idiot but the people around him and manage him have been successful.


4 posted on 11/13/2013 7:01:11 AM PST by maddog55
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To: Kaslin

5 posted on 11/13/2013 7:01:33 AM PST by SparkyBass
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To: Kaslin
The Incompetent Socialist: Barack Obama

The reason 0bama hasn't thrown Sebelius under the bus for sheer total incompetence is because EVERYONE in his regimeis incompetent, - he doesn't want anyone to upstage the biggest incompetent a$$hole of all - himself!

6 posted on 11/13/2013 7:04:35 AM PST by The Sons of Liberty (Who but a TYRANT shoves down another man's throat what he has exempted himself from?)
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To: Kaslin

Comrade covering for comrade... take the 1.2 trillion in welfare to the market every year out and we have a market at 10,000.


7 posted on 11/13/2013 7:07:17 AM PST by LibLieSlayer (FROM MY COLD, DEAD HANDS! BETTER DEAD THAN RED!)
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To: The Sons of Liberty

All by design. Not a care about working web site
etc because that’s the point. Does anyone think
anyone will ever be held to account for anything?
Especially by the American people whose idealism
has been successfully reduced to... gimme my
free birth control pills or whatever.


8 posted on 11/13/2013 7:08:32 AM PST by WKTimpco
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To: Kaslin

Make no mistake - Obama is a full fledged socialist from the same mold as Stalin, Kruschev and Mao.

He knows exactly what is best for the peasantry while he and his cohorts live like royalty.

He just overestimated his ability to steamroller congress and the American people.

I don’t expect Obama’s setback on Obamacare to slow down pursuit of his socialist utopia at all.
I believe he will just become P.O.’d and more determined than ever to push his agend on America no matter what Americans want or don’t want.


9 posted on 11/13/2013 7:13:02 AM PST by Iron Munro (When a killer screams 'Allahu Akbar' you don't need to be mystified about a motive.)
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To: Kaslin

It is important to note; History suggests that, under centralized, social governments, the true state of the economy can be effectively hidden through statistics and propaganda.

America is not venturing into some new, uncharted, endeavor here (per global history). Look at the old Soviet Union, European Union, Greece, Venezuela, etc. It doesn’t take a PHD of history to see the path we are headed down.

The more remarkable thing is, we have a solid Constitution that, when properly followed, absolutely prevents the events we are now experiencing. Excessive, all powerful and centralized government is EXACTLY what our founders worked so hard to prevent. And they were TRYING to prevent it in the future of America. They were absolute visionaries and even warned of the dangers of self governance.


10 posted on 11/13/2013 7:14:42 AM PST by Tenacious 1 (Liberals want to be eaten last. I don't want to be eaten at all!)
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To: Kaslin

It’s NOT Socialism!!! It Communism backed by anarchists. It’s fascism. It’s domestic islamic terror. It’s a death sentence for America!


11 posted on 11/13/2013 7:16:07 AM PST by Doc Savage ("I've shot people I like a lot more,...for a lot less!" Raylan Givins)
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To: Kaslin

Obama’s goal is the destruction of America.

He’s on track, not incompetent.


12 posted on 11/13/2013 7:21:22 AM PST by G Larry (Let his days be few; and let another take his office. Psalms 109:8)
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To: G Larry

Exactly! And he’s not stupid either, nor clueless. He’s diabolical.


13 posted on 11/13/2013 7:25:08 AM PST by 3boysdad (The very elect.)
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To: Graewoulf

A competent socialist is a bully.


14 posted on 11/13/2013 7:31:15 AM PST by depressed in 06 (America conceived in liberty, dies in slavery.)
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To: G Larry
And Commie Core is just another component for the taking over of America. Condition the population for easier takover by cutting down on diverse thought through forcing a uniform input and uniform way of thinking on a whole generation of easy victims--the nation's kids. Then force everyone to depend on a single source--the goverment--for their health care, which is literally handing over control of your very life to those unscrupulous louts. Sic the IRS on your bank account, so they can harass non-believers into compliance. Sic the NSA on non-believers to further harass them into compliance and take any major players in the think-for-yourself realm out of play.

This isn't scary enough? They COUNT on Americans already being too brain dead and apathetic to stand up to them and stop this crap before it's too late. Obama and his minions are absolutely in contempt of us.

15 posted on 11/13/2013 9:19:54 AM PST by EinNYC
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To: Kaslin

One thing we know sure about obama: He’s a thief.


16 posted on 11/13/2013 10:27:49 AM PST by DPMD
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To: Kaslin
In fact, he said the President would have to be considered the “worst socialist ever” because the financial markets have been climbing during his Presidency.

The Alinsky-ites' target is the middle class.

Elites and the poor prosper while the middle suffers hardship.

17 posted on 11/13/2013 10:28:24 AM PST by what's up
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