Posted on 02/07/2011 9:18:42 AM PST by i88schwartz
"If we're fighting to reform the tax code and increase exports, the benefits cannot just translate into greater profits and bonuses for those at the top. They have to be shared by American workers, who need to know that opening markets will lift their standard of living as well as your bottom line," President Obama told the Chamber of Commerce on Monday morning.
(Excerpt) Read more at realclearpolitics.com ...
How about Buffett & Gates & OPRAH— who have learned to chose which ‘charity’ they will give money to which then leaves them NOT paying a single dime in income tax on that money.
“Not of his or his friends’ wealth anyway. Income, either......”
That’s for sure look at the bail outs they saved his backer Warren Bafoon yet he keeps his money in tax exempt foundations and tells us to pay more. Then there’s life long democrat Lloyd Blankfein, etc. not only did we have to bail them out but now they are making money hand over fist via the Feds printing at the expense of jobs/savers and it’s causing inflation on food to boot.
LOL....that whole “give your wealth away” summit was SUCH a farce. If they truly believe what they’re spewing, why aren’t they giving it all away now and living like us “common” folk?
He is trying to unwedge the capital that is on strike via "sharing" with the workers, and "invest" in green schemes and hire with them, I'll give you a Corp Tax Cut. His job numbers suck and he knows it, he wants a tit-for-tat.
Wait him out, any deal he makes would be socialistic. Don't bite Congress!
I wonder how many of them lost their jobs when American Motors closed?
Far too compassionate in my book.
Omama is a socialist, communist, statist, radical Islamist who is tearing down our once great USA. He hates private capitalism and this “sharing” is actually a money grab to fatten the labor union bosses who contribute to the Democrats, only some crumbs are meant to be allowed to the union member wage earners.
Pass: I do NOT want to be paid in company stock, scrip or anything but specie. I'll take dollars but only because I am forced to do so.
Coo’. As long as they’re willing to get docked for the losses. Or did they really think that didn’t go both ways?
“From each according to their ability, to each according to their need.”
“Obama is pro-business like a wolf is pro-sheep.” Luskin.
That is EXACTLY what I just hollered (my poor dog!) when I read this- WHAT ABOUT WHAT YOU TOLD BOR LAST NIGHT?!?!
Pathological, the president is pathological.
No Barry, they do NOT have to be shared. This clown has no idea what it means / what it takes to earn a profit within a competitive business environment. He’s clueless.
The share of the profits I get from my employer is a salary, commission, and maybe a bonus - each of which is earned NOT distributed. If I don’t like it I’m welcome to start my own business.
Part of what angers me on this story is that it reinforces that citizens somehow elected a POTUS who does not believe in the American dream. A guy who doesn’t believe or understand what makes America great. Is it 2012 yet?
The list, ping
Let me know if you would like to be on or off the ping list
http://www.nachumlist.com/obamavideo.htm
“Peace! Land! Bread!”
Corporate profits are determined after labor and other costs are deducted and distributed as dividends or used to pay down debt or to buy back company stock. The first priority of a business is to increase shareholder equity.
Didn’t see the interview, but if so then he was more revealing with impromptu to Joe The Plumber than rehearsed with BOR
Off with his Head !!
“If we’re fighting to reform the tax code and increase exports, the benefits cannot just translate into greater profits and bonuses for those at the top. They have to be shared by American workers, who need to know that opening markets will lift their standard of living as well as your bottom line,” President Obama told the Chamber of Commerce on Monday morning.”
I don’t do video’s due dial up, so only read the excerpt. Is this guy a Commie, or is he a Commie!? I’d bet he’s a Commie myself, and I’d bet he’s probably a Commie too.
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