Posted on 07/17/2012 12:21:21 PM PDT by Kaslin
Last week, Dear Ruler paraded around the country declaring that we needed to raise taxes on the evil rich people earning more than $250,000 a year. As many of you know, this means tax increases on almost one million households that report business income on their personal tax returns or, in other words, a tax increase on over one million small jobs-producing American businesses. Obama claims that these people dont need that money and it is a fallacy to believe that this will impact small businesses or job creation. The reality is that Obama has no clue how these small businesses work, and whether or not they need that money. It is not the governments, and certainly not Obamas role to determine how much of the money a small business earns that business actually needs.
Obama managed to top things off in grand style with a speech last Friday in Roanoke, Virginia. In this speech our Dear Ruler showed his complete disdain and outright animosity toward free enterprise with one now very well publicized utterance:
If youve got a business you didnt build that. Somebody else made that happen.
Really? Obama said that? Hopefully, at this point, youre not shocked. But let me give you the context for that remark, because much of that is equally as galling. Here the entire quote:
If you were successful, somebody along the line gave you some help. There was a great teacher somewhere in your life. Somebody helped to create this unbelievable American system that we have that allowed you to thrive. Somebody invested in roads and bridges. If youve got a business you didnt build that. Somebody else made that happen.
So small businessman! How does that sit with you? You took your money and put it at risk. You worked perhaps as many as 80 hours a week to get things running. You had your ups and downs, but you persevered. Vacations? Are you kidding? Maybe it was five years into your new business venture before you ever took a vacation. Every penny you could scrounge up every spare minute you could find all went into your business. While others believed that their role was simply to do their nine-to-five bit five days a week for someone else, you had another game plan --- and it worked. Here you are with your successful small business. You employ perhaps a dozen people or so. You take vacations now. You might even have a vacation time-share on the coast. You just bought a new car for the first time in your life. Youre thinking that youve done pretty good chasing that American dream, and youre justifiably proud of yourself. Then along comes Barack Obama to tell you that this business you sweated over for so many years? Well you didnt build that.
Does that work for you?
Lets delve a little deeper in Obamas remarks.
Dear Ruler tells us There was a great teacher in your life. Right there very well may have been. But that teacher is, in her own right, a businesswoman. Like most every other college student, that teacher went to college in order to develop a skill to put to use in our free market. Hers (or his) would be a business of one employee perhaps, but a business nonetheless. The teacher is a businesswoman with a product to sell; her knowledge and her teaching skills. She takes that product to the marketplace to find a buyer; perhaps a government school system, or a private school. She might even begin a tutoring service operating out of an office in a business complex. The businesswoman/teacher is then free to sell her product to whomever she wishes. Perhaps income will be her motivation; perhaps location. Whatever the motivation, she decides when and to who she, as a businesswoman, will sell her product; and when she will withdraw that product from the market to seek greener pastures. Shes not there solely to make something happen for someone else. Shes there to earn a living, just as is the businessman. She didnt give anything to her students. She sold her services to those students and their parents eager for them to be educated.
But lets move past the teacher thing and look more closely at that somebody else made that happen line. Just who is Obama referring to? Just who helps someone build a business? First you might have the bank that provides the business loan. There, again, you have a private entity with a product to sell cash. The budding businessman needs that cash. So the bank sells the cash to the businessman at a markup -- or interest. The businessman then agrees to pay for the product the cash plus the interest over a period of time. Here were two businesses working together in the free market. One needed the cash; the other had the cash. An agreement was made to buy and to sell. Businessmen engaged in free enterprise. Thats what made that happen. The bank didnt just come along to make the successful business happen. Instead, the bank merely engaged in commerce with the entrepreneur.
Maybe Obama is talking about the workers the businessman hired to manufacture or create the product he wished to sell. Yes .. those people helped to build the business as well. But once again, were talking about businessmen engaging in commerce. The worker had a skill; perhaps in information technology, or marketing. Maybe it was just good old hard labor. Whatever it was, the employee was a businessman with a skill that he bargained and sold to the other businessman to be used in growing a business. The government didnt assign that worker to the businessman .. it was all a free and voluntary association in a free market economy. This is not a situation where the worker made the business happen for the businessman. The relationship between an employer and an employee is that of two people engaged in commerce. One with a product to sell, the other with a need for that product. Supply and demand. Commerce happens. The governments role? In relation to the agreement between employer and employee the governments principal role is to enforce contracts and adjudicate contracts disputes.
Obama again grew up hating capitalism. He was taught by his father and mother, and by his mothers subsequent companions, that people became successful in free enterprise environments only by exploiting others. Obama sees every successful and wealthy businessman as someone living off of the spoils of a system that victimized those at the lower end of the income scale --- and he sees it as his job to make things right by taking money from the evil rich who, after all, dont need it and giving it to his voter base.
Hopefully this time Caesar Obammus has jumped yet another shark. There are many successful businessmen out there who deeply resent Obamas assertion that they owe their successes to someone other than themselves and their customers. They now clearly see Obama as a threat. Certainly Obamas myrmidons will be no more eager to vote for him after his inane comments than they were before. We can hope, though, that Obamas disdain for and complete lack of understanding of entrepreneurship will shake a few independents off their couches.
This is so true. It's one reason that I stick with working for a medium-sized Beltway Bandit outfit. Being a small business owner is no picnic--and not for the faint of heart.
“Being a small business owner is no picnic—and not for the faint of heart.”
Amen....!
Obamanism is a cancer on this nation.
I grew up in a family business, which is why I prefer to work for someone else.
I get to leave the worries behind at the end of the day, and weekends are mine. I have only one boss. My bosses boss is EVERY client/customer.
It is very hard, demanding and sometimes disheartening to be your own boss. People don’t do it for the money.
But every dollar the government takes out of HIS pocket is one less he has to pay for my benefits, or maybe a pay raise some day.
Maybe I’m lazy, or just burnt out.
I think the goal of Obama and his minions is to deprive us of ALL our disposable income.
.
Obama should REALLY be revealed.
Has anybody the guts to reveal this:
The best Obama exposure site on the net:
The Obama File
http://theobamafile.com/
The United States Library of Congress has selected
TheObamaFile.com for inclusion in its historic collection
of Internet materials
http://theobamafile.com/LibraryOfCongress.html
Just a few pages:
http://theobamafile.com/index_next_politics.html
http://www.theobamafile.com/index_next_personal.html
http://www.theobamafile.com/BarackObama.htm
http://www.theobamafile.com/_family/FamilyPage.htm
http://www.theobamafile.com/ObamaEducation.htm
http://www.theobamafile.com/ObamaPsychology.htm
http://www.theobamafile.com/ObamaReligion.htm
http://www.theobamafile.com/ObamaWife.htm
http://www.theobamafile.com/_associates/ObamaAssociates.htm
http://www.theobamafile.com/ObamaIconography.htm
.
.
Obama must be smoking something. People who worked hard and started their own businesses who are successful were helped? Obama helps himself to their hard earned money by stealing it for his pie in the sky programs or payoffs for his friends.
I will correct you on your near correct statement.
Obama is a Cancer!!!!
Perhaps Obama was not reading his teleprompter that someone wrote for him behind the curtain. Perhaps Obama was saying what he really believes.
Ping
“Being a small business owner is no picnic—and not for the faint of heart.”
//////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////
I ran my own small business for twenty years as my sole support and ran part time businesses before that while working full time for others and I am VERY faint-hearted, actually afraid of my own shadow in fact. Of course I am also wild-eyed, crazy and totally unpredictable. Sometimes after I do something I have to try to figure out just why did I ever do that.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.