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The Marxist Roots of Obama’s Economic ‘Pivot’
Big Government ^ | 1/27/10 | Joel B. Pollak

Posted on 01/27/2010 8:55:49 AM PST by Nachum

President Obama’s advisers assure us that he will use his State of the Union address tonight to deal with our nation’s ailing economy. Americans have already begun to hear talk of a “hard pivot” at the White House, away from health care and towards jobs.

Yet in economic terms, the president’s shift thus far has been more of the same: more government control and less individual freedom.

His attacks on banks—including a new tax that will invariably be passed on to consumers—caused stocks to plummet last week. He has targeted some banks for being “too big,” but without ending the costly policy of “too big to fail,” which removes the discipline of risk and reward. He crowed, “We want our money back,” but wants to use “our” money for his own spending programs, not for tax relief.

The central idea of the President’s new plan appears to be shaping up as a jobs program, in imitation of FDR’s public employment programs during the Great Depression, and funded by new taxes on Wall Street.

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


TOPICS: Business/Economy; Government; News/Current Events; Philosophy
KEYWORDS: economic; marxist; obamas; pivot

1 posted on 01/27/2010 8:55:51 AM PST by Nachum
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To: Nachum

“more government control and less individual freedom.”

No matter what crap rolls out of his mouth tonight, the boy Marxist’s agenda is still moving foward.


2 posted on 01/27/2010 8:58:57 AM PST by AngelesCrestHighway
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To: AngelesCrestHighway

No matter what crap rolls out of his mouth tonight, the boy Marxist’s agenda is still moving foward.
:::::
Without a doubt. He will continue to wreck America as long as he still sits in the Oval Office. That is his goal and the goal of his socialist cronies and supporters (Soros, et al).


3 posted on 01/27/2010 9:01:52 AM PST by EagleUSA
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To: Nachum
The root of BO's/BS's economic pivot is The Cloward-Piven Strategy
4 posted on 01/27/2010 9:02:57 AM PST by Man50D (Fair Tax, you earn it, you keep it! www.FairTaxNation.com)
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To: Nachum

Capitalism vs. Marxism/Socialism

The free market did not cause this crisis, the government did.

The free market did not dump trillions of dollars of cheap money into the system, the government did.

The free market did not create multiple trillion dollar entitlement programs, the government did.

The free market did not create Fannie Mae and Freddie Mac, the government did.

The free market did not write a tax code that favors one product (real estate) over others, the government did.

The free market did not pass laws that force banks to lend to those who do not qualify for a loan, the government did.

This crisis is the result of a giant social engineering experiment and vote-buying scheme gone tragically wrong.

The free market does not try to engineer society or buy votes, the government does.

The government caused this crisis, the free market did not.

Capitalism did not create this crisis, Marxism/Socialism did.


5 posted on 01/27/2010 9:07:48 AM PST by Painesright
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To: Nachum

If.....IF....the banks and auto industry pay the government back, all that money to go back to the people the government borrowed it from. That’s pention plans, Social Security and other countries.....like China. I have this gut feeling that it was the intention of our government to not pay this money back. I think they borrowed this money, knowing that it would be payed back and then they could use it for their favorite projects, thinking the people wouldn’t see it. This money must be payed back.....then and only then can we go forward and repair the damage that has been done.


6 posted on 01/27/2010 9:08:51 AM PST by RC2
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To: Nachum
Americans have already begun to hear talk of a “hard pivot” at the White House, away from health care and towards jobs.

Does that mean that Obama is now going to force every American to get an education? And charge a penalty if you don't?

Do you know how many people in the nation are going around WITHOUT a bachelors degree? A person without a job is a "useless eater."

Michelle O said that her husband would not let us remain comfortable.

7 posted on 01/27/2010 9:13:29 AM PST by Slyfox
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To: AngelesCrestHighway
... more government control and less individual freedom.

Agreeing, yes this is the keystone phrase of this well-crafted piece.

.

8 posted on 01/27/2010 9:13:42 AM PST by Seaplaner (Never give in. Never give in. Never...except to convictions of honour and good sense. W. Churchill)
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To: Man50D

Now it’s called the “Coward-Pivot Strategy”


9 posted on 01/27/2010 9:40:52 AM PST by CrappieLuck
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