Posted on 09/03/2012 7:16:24 AM PDT by Son House
In a speech delivered at Osawatomie High School in Osawatomie, Kansas, on Tuesday, President Barack Obama argued that while a limited government that preserves free markets "speaks to our rugged individualism" as Americans, such a system "doesn't work" and "has never worked" and that Americans must look to a more activist government that taxes more, spends more and regulates more if they want to preserve the middle class.
"'[T]here is a certain crowd in Washington who, for the last few decades, have said, let’s respond to this economic challenge with the same old tune. 'The market will take care of everything,' they tell us," said Obama. "If we just cut more regulations and cut more taxes--especially for the wealthy--our economy will grow stronger.
"Sure, they say, there will be winners and losers," Obama continued. "But if the winners do really well, then jobs and prosperity will eventually trickle down to everybody else. And, they argue, even if prosperity doesn’t trickle down, well, that’s the price of liberty.
"Now, it’s a simple theory," said Obama. "And we have to admit, it’s one that speaks to our rugged individualism and our healthy skepticism of too much government. That’s in America’s DNA. And that theory fits well on a bumper sticker. But here’s the problem: It doesn’t work. It has never worked.
"It didn’t work when it was tried in the decade before the Great Depression," said Obama. "It’s not what led to the incredible postwar booms of the ‘50s and ‘60s. And it didn’t work when we tried it during the last decade. I mean, understand, it’s not as if we haven’t tried this theory.
"Remember in those years, in 2001 and 2003, Congress passed two of the most expensive tax cuts for the wealthy in history," said Obama. "And what did it get us? The slowest job growth in half a century. Massive deficits that have made it much harder to pay for the investments that built this country and provided the basic security that helped millions of Americans reach and stay in the middle class==things like education and infrastructure, science and technology, Medicare and Social Security.
"Remember that in those same years, thanks to some of the same folks who are now running Congress, we had weak regulation, we had little oversight, and what did it get us?" said Obama. "Insurance companies that jacked up people’s premiums with impunity and denied care to patients who were sick, mortgage lenders that tricked families into buying homes they couldn’t afford, a financial sector where irresponsibility and lack of basic oversight nearly destroyed our entire economy.
"We simply cannot return to this brand of 'you’re on your own' economics if we’re serious about rebuilding the middle class in this country," said Obama.
It never works except every time it gets tried
“acadhimmia”
Good word, LOL
There is no question his statements just scratch the SURFACE of his wrongheaded FAILED marxist/socialist/communist/covert extremist Islamic beliefs. It's about POWER, ARROGANCE, and DOMINATION. Obama and his ilk are so overbearingly fallacious!
He's PURPOSELY created a nightmare economically for America, now he can just sit back and watch the grueling struggle...Selfish, irresponsible, illegitimate, unaccountable, fraudulent, unreliable, anti-capitalist, anti-American LOSER!
...The history of the present King of Great Britain is a history of repeated injuries and usurpations, all having in direct object the establishment of an absolute Tyranny over these States. To prove this, let Facts be submitted to a candid world.
He has refused his Assent to Laws, the most wholesome and necessary for the public good.
He has forbidden his Governors to pass Laws of immediate and pressing importance, unless suspended in their operation till his Assent should be obtained; and when so suspended, he has utterly neglected to attend to them.
He has refused to pass other Laws for the accommodation of large districts of people, unless those people would relinquish the right of Representation in the Legislature, a right inestimable to them and formidable to tyrants only.
He has called together legislative bodies at places unusual, uncomfortable, and distant from the depository of their Public Records, for the sole purpose of fatiguing them into compliance with his measures.
He has dissolved Representative Houses repeatedly, for opposing with manly firmness his invasions on the rights of the people.
He has refused for a long time, after such dissolutions, to cause others to be elected, whereby the Legislative Powers, incapable of Annihilation, have returned to the People at large for their exercise; the State remaining in the mean time exposed to all the dangers of invasion from without, and convulsions within.
He has endeavoured to prevent the population of these States; for that purpose obstructing the Laws for Naturalization of Foreigners; refusing to pass others to encourage their migrations hither, and raising the conditions of new Appropriations of Lands.
He has obstructed the Administration of Justice by refusing his Assent to Laws for establishing Judiciary Powers.
He has made Judges dependent on his Will alone for the tenure of their offices, and the amount and payment of their salaries.
He has erected a multitude of New Offices, and sent hither swarms of Officers to harass our people and eat out their substance.
He has kept among us, in times of peace, Standing Armies without the Consent of our legislatures.
He has affected to render the Military independent of and superior to the Civil Power.
He has combined with others to subject us to a jurisdiction foreign to our constitution, and unacknowledged by our laws; giving his Assent to their Acts of pretended Legislation:
For quartering large bodies of armed troops among us:
For protecting them, by a mock Trial from punishment for any Murders which they should commit on the Inhabitants of these States:
For cutting off our Trade with all parts of the world:
For imposing Taxes on us without our Consent:
For depriving us in many cases, of the benefit of Trial by Jury:
For transporting us beyond Seas to be tried for pretended offences:
For abolishing the free System of English Laws in a neighbouring Province, establishing therein an Arbitrary government, and enlarging its Boundaries so as to render it at once an example and fit instrument for introducing the same absolute rule into these Colonies
For taking away our Charters, abolishing our most valuable Laws and altering fundamentally the Forms of our Governments:
For suspending our own Legislatures, and declaring themselves invested with power to legislate for us in all cases whatsoever.
He has abdicated Government here, by declaring us out of his Protection and waging War against us.
He has plundered our seas, ravaged our coasts, burnt our towns, and destroyed the lives of our people.
He is at this time transporting large Armies of foreign Mercenaries to compleat the works of death, desolation, and tyranny, already begun with circumstances of Cruelty & Perfidy scarcely paralleled in the most barbarous ages, and totally unworthy the Head of a civilized nation.
He has constrained our fellow Citizens taken Captive on the high Seas to bear Arms against their Country, to become the executioners of their friends and Brethren, or to fall themselves by their Hands.
He has excited domestic insurrections amongst us, and has endeavoured to bring on the inhabitants of our frontiers, the merciless Indian Savages whose known rule of warfare, is an undistinguished destruction of all ages, sexes and conditions.
In every stage of these Oppressions We have Petitioned for Redress in the most humble terms: Our repeated Petitions have been answered only by repeated injury. A Prince, whose character is thus marked by every act which may define a Tyrant, is unfit to be the ruler of a free people.
“In a speech delivered at Osawatomie High School in Osawatomie, Kansas, on Tuesday, President Barack Obama argued that while a limited government that preserves free markets “speaks to our rugged individualism” as Americans, such a system “doesn’t work” and “has never worked” and that Americans must look to a more activist government that taxes more, spends more and regulates more if they want to preserve the middle class.”
Holy $hit!
Is this guy channeling Biden???
He just wrote a crap ton of Romney ads!
if there is any doubt that the obamanation is not a fascist/marxist/socialist, his very words explain it.
Rinos are the socialist nowadays, the rats are full-fledged communists/fascists.
Blessings, bobo
Unfortunately, there’s plenty of members of that club. I absolutely goggle at such cretins, I cannot believe G-d made a human so incredibly stupid, but there it is. You lay out facts and figures to them and they will just spout some talking-point irrelevant trivial thing about Romney no matter what. It’s a waste of time to try and talk to them. I’ve heard Hannity spend untold minutes with such callers, and at the end of his carefully laid out facts and figures, they just say something like, “But he put his DOG on top of the roof of his car!” and justify an Obama vote with that inane remark.
if there is any doubt that the obamanation is not a fascist/marxist/socialist, his very words explain it.
Rinos are the socialist nowadays, the rats are full-fledged communists/fascists.
Blessings, bobo
It's the same mental illness as those who allowed, the slaughter of 6 million Jewish people just for being Jewish! SELFISH ARROGANT PRIDE!
As much as it pains me to say: Chief among them the Christian church who sat back and watched it unfold and did NOTHING!
What's so ironic is the majority voting block of these Obama/Dem supporters are Jewish.
Good observation.
50 years after the Cuban Revol-oosion they still can’t make it work. Same for North Korea and all the other commie nations that are now in the dustbin of history.
20 years after the American Revolution, using the FREE MARKET system we were a MAJOR PLAYER on the world economic scene.
It appear communism and socialism only lasts till the original leaders, who rule as dictators, and their older followers die off, then the nations revert to the FREE MARKET system.
“COMMERCE BETWEEN MASTER AND SLAVE IS DESPOTISM”
How does that State of affairs typically work?
http://www.google.com/#hl=en&sclient=psy-ab&q=Ba’al++”the+State+as+God";
Ex 32:4
4 He took what they handed him and made it into an idol cast in the shape of a calf, fashioning it with a tool. Then they said, “These are your gods, O Israel, who brought you up out of Egypt.”
NIV
Same ol’ Sun - different house.
http://www.google.com/#hl=en&sclient=psy-ab&q=winged+sun+disk+Ba’al&oq=winged+sun+disk+Ba’al
NO SALE.
Prosperity depends on ecomomic progress. Economic progress depends on capital accumulation. Capital accumulation depends on saving and innovation. These in turn depend on free markets to make high profits and accumulated great wealth. And this depends on freedom and limited government.
The only alternative to improvement for all, through economic progress achieved in this way, is the futile attempt of some men to gain at the expense of others by means of looting and plundering. This, the loot-and plunder theory, is the alternative advocated by the critics of the misnamed trickle-down theory.
OK. Obama wins the argument. Lets do what works. Hopey changey doesn’t work. So, what next?
One unique thing about Starve the Beast 2.0 will be the grass roots no leader like the TEA Party, and many Democrat supporters who voted for Obama will be going along with it, because they will see the consequences of their vote, a kind of too late smart epiphany.
I’ll have to agree it’s been done on purpose, there were never any new ideas the Democrats could have come up with to improve the economy, they just didn’t want to use the ones that would have actually worked. And they were told so by some the opposition.
I keep thinking of “Cash for Clunkers” and the idiot fool Republicans that went along with that Democrat destruction. What an absolute waste of good cars and engines. The manufacturing that went into the cars destroyed meant nothing to them. It was neither frugal or resourceful.
[It appear communism and socialism only lasts till the original leaders, who rule as dictators, and their older followers die off, then the nations revert to the FREE MARKET system.]
Like the Communist Chinese state Capitalists and their NyLon benefactors?
Hos 12:7-9
7 The merchant uses dishonest scales;
he loves to defraud.
8 Ephraim boasts,
“I am very rich; I have become wealthy.
With all my wealth they will not find in me
any iniquity or sin.”9 “I am the Lord your God,
[who brought you] out of Egypt;
I will make you live in tents again,
as in the days of your appointed feasts.
NIV
NO SALE.
We have to keep in mind that we are adressing idiots.
When you tell dumb people (and democrats- but that is redundant) that cutting taxes brings in more money it is difficult for them to grasp why.
The why is that the government is taking TOO MUCH which slows down the economy. That needs to be explained much better than we have done.
Obama is doling out our seed corn to the masses. We will have the same results as Soviet Russia if this commie is re-elected. As Chuck Norris has pointed out, it may already be too late.
Obviously it is
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