Tuesday, July 17, 2012

"Obama's View on Business 'Explains Nearly Everything'"

President Obama's campaign stump speech in Virginia where he noted that 'if you got a business - you didn't build that.  Somebody else made that happen' continues to reverberate.  Fox News Senior Political Analyst, Brit Hume, editorialized last night that Barack Obama's view on business 'Explains Nearly Everything'...

It is fair to say that we know more tonight than we ever have about the president's view of business and the economy. His assertion over the weekend that, 'If you got a business, you didn't build that. Somebody else made that happen' explains nearly everything. He wasn't talking about God, he was talking about government.

Here is a man that believes not just that the government provided framework of roads, bridges, defense and law enforcement helps the private sector. He believes these things are are the nerve center, the driving force. More important than any individual, talent, enterprise or initiative. As he put it: 'There are a lot of smart people out.' As for diligence: 'There are a whole bunch of hardworking people out there.' Success? 'You didn't get there on your own.'

This is a view that successful businessmen, women are merely the ones who did better at taking advantage of the benefits that government has bestowed. Therefore, he thinks they should be glad to pay an even greater share of federal taxes than they do. He calls that, 'giving back,' as if the government conferred all that they have and they shouldn't mind returning a bit more of it where it came from.

This explains why so much stimulus money was spent to protect government and why his legislation on healthcare and financial reform involved extending the reach and power of, you guessed it, government.

Chair of the House Budget Committee, Representative Paul Ryan also took the President's embracement of liberal fascism to task in a discussion with James Pethokoukis of the American Enterprise Institute...
But Obama said it all. And Ryan absolutely tore into the president in a chat I had with him earlier today. Among the highlights:

– “The idea that these entrepreneurs owe all their success to some government bureaucrat or some centralized planner just defies reality.”

– “Every now and then, President Obama pierces the veil. He’s usually pretty coy about his ideology, but he lets the veil slip from time to time.”

– “We believe in free communities and this is a statist attack on free communities.”

– “He’s deluded himself into thinking that his so-called enemies are these crazy individualists who believe in some dog-eat-dog society when what he’s really doing is basically attacking people like entrepreneurs and stacking up a list of scapegoats to blame for his failures.”

– “As all of his big government spending programs fail to restore jobs and growth, he seems to be retreating into a statist vision of government direction and control of a free society that looks backward to the failed ideologies of the 20th century.”

– “Those of us who are conservative believe in government, we just believe government has limits. We want government to do what it does well and respect its limits so civil society and families can flourish on their own and do well and achieve their potential.”

– “He wants to be as transformational as Reagan by undoing the entire Reagan revolution.”

What the President is offering is not surprising - given his point of view... As the Investor's Business Daily notes in one of their editorials today...
He blasted Wall Street, big business, big banks, big oil, "excess profits," "corporate profits" and "fat contracts," "millionaires" and the "wealthy."

He called out the "corporation executive" for not paying his "fair" share.

He attacked "GOP" tax cuts that "spare the rich" and "benefit millionaires."

He trumpeted the public sector over the private sector.

He advocated wealth redistribution from greedy "corporations" to "health insurance" and "public works projects."

He favored taxpayer-funding of universal health care. He supported government stimulus to rescue America from (allegedly) another Great Depression.

He wanted to rid America of "huge funds" finding their way into the "pockets" of "Wall Street." "Instead," he declared, "money should be spent for the benefit of the people instead of the corporations."

He supported nationalization and singled out General Motors for government action.

He favored the Russians at the expense of countries like Poland and Czechoslovakia.

He rejected Winston Churchill, and wanted the heralded prime minister nowhere within the White House.

He insisted that American foreign policy was about "big profits" for big oil.

He cited the American Founders and the U.S. Constitution, and described himself and his policies as "progressive," while his detractors accused him of being a communist.

He adopted slogans like "Forward" and "Change." He wanted to transform America through what he called "fundamental change."

Who is this man?

If you answered "Barack Obama," you're only half right. The answer is Frank Marshall Davis, Hawaii mentor to Barack Obama, and Communist Party USA (CPUSA) member No. 47544.

The statement from Barack Obama does, as Brit Hume notes, 'explain everything'. This is how Barack Obama views the United States, views capitalism, and believes to his core - that government is the solution and property / wealth belongs to government. What individuals are 'permitted' to retain, are done so because of either the government's generosity or the cheating of the individual. The state is the primary focal point for all - and we citizens are subservient to the state.

It is, as John Sununu, a Romney campaign surrogate, notes in this video - 'I wish this President would learn to be an American...'

In the Fiscal Times, there is a commentary that notes that President Obama is now adding the U.S. Economy and it's recovery to those being tossed under the bus...

President Obama will stop at nothing to win four more years in the White House – including cracking this fragile egg shell of a recovery and sending the U.S. into recession. With every sign that the economy is slowing, our Campaigner in Chief is creating even more anxiety by taking an unwavering stand -- he will not, he affirms proudly, extend current tax rates on all Americans. Instead, he demands the wealthy pay more. That’s it. That’s his grand plan for getting the country moving again. A more harmful and negative campaign has surely never been waged.

Nearly every day there are new signs that the country may topple into recession. Today we read that retail sales fell 0.5 percent in June – the third consecutive monthly downturn. That hasn’t occurred since the fall of 2008, when the country was paralyzed with fear over the financial crisis. Think of that; consumers are reacting today just as they did when it looked like the world was coming to an end. That says volumes – about the tone set by the White House, the confidence this president has inspired in our citizenry, and about his inability to lead the country forward.

The people of the United States deserve better. We need a cheerleader and advocate. We do not need our president hoping to ignite anger and envy against our most productive citizens. We need to extend the Bush tax cuts, undertake serious tax reform and all the other issues – immigration, education, infrastructure investment, entitlements reform – that have been sidelined as President Obama focuses on being reelected.

While the President will not see his comment as a gaffe - after all, he is only speaking from his own deeply held beliefs - this is another major turning point that will damage the President's campaign. He might want to continue to press the meme of class warfare, to demonize the wealthy (and Mitt Romney in particular), to make a base play for the 50% of Americans who don't pay any taxes, and appeal to those captured in the government's quicksand of dependency - but this statement is so contrary to fundamental American values that it will ultimately turn even a number of those who are dependent on the government.

They will also, I believe, see the complete vapidity and fallacy around the standard arguments being made to excuse the President's telling comment - with the efforts to point out the exceptions to the rule and using those examples, like Obama's effort to use the DARPA development of the Internet, as proof that Google, Facebook, Microsoft, Yahoo, and other internet conglomerates only got where they are because the government built the Internet.

The government might have built the Internet. But it took entrepreneurs, visionaries, and risk takers from the private sector to build the powerhouses like Google, Facebook, Microsoft, Yahoo, Apple, Amazon, etc which took that basic foundation and turned it into so many jobs and so much wealth creation.

This election is about a very simple choice - Are we a people who exist to serve the government?  Or are we a people who has a government that is in place to serve us and help protect our inalienable rights?  If you believe in the former, then you will be voting for President Barack Obama and his continued expansion of the power and reach of the government.  You will be voting for liberal fascism and a version of socialism.  And with your vote for socialism, remember this...

'Socialism - Ideas so good that they have to be mandatory'

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