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Old 12-15-2011, 03:34 PM
 
Location: Gulf Coast Texas
26,246 posts, read 14,124,700 times
Reputation: 10117

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Home Depot Founder: I Couldn't Start Home Depot Under President Obama

VIDEO at the link.

Quote:
Home Depot co-founder Bernie Marcus tells Fox News' Neil Cavuto that he would not be able to start the Home Depot company under current economic conditions. He says there is an "anti-business" attitude coming from the White House and Washington right now.
He mentions Obamacare, Dodd-Frank, higher taxes, stronger unions, stronger regulations as reasons.

 
Old 12-15-2011, 03:36 PM
 
2,053 posts, read 1,755,188 times
Reputation: 1429
Give me a break, its no hidden secret that Marcus is a HUGE republican and conservative. Of course he going to blame it all on Obama and big gubmint.

This jackass is part of the problem.
 
Old 12-15-2011, 03:38 PM
 
13,180 posts, read 12,700,046 times
Reputation: 4531
Yes if only the Fed would allow him to pay his employees below minimum wage ...the country would be so better off.
 
Old 12-15-2011, 03:38 PM
 
3,065 posts, read 3,699,237 times
Reputation: 2695
Arthur Blank has said similar things to that effect. He's probably right.
 
Old 12-15-2011, 03:40 PM
 
3,502 posts, read 1,735,776 times
Reputation: 646
Quote:
Originally Posted by DRob4JC View Post
He mentions Obamacare, Dodd-Frank, higher taxes, stronger unions, stronger regulations as reasons.
Yet he doesn't mention the housing market crash and recession. LOL.
 
Old 12-15-2011, 03:41 PM
 
Location: Dallas, TX
31,777 posts, read 24,024,080 times
Reputation: 12105
Home Depot must be doing terrible now compared to Fall 2008. But then, he is talking on Fox News to those who assembled religiously with a mindset, to hear what they want to.

Amusing though that Home Depot was founded during Carter years.
 
Old 12-15-2011, 03:41 PM
 
Location: By the sea, by the sea, by the beautiful sea
54,226 posts, read 38,295,277 times
Reputation: 26717
It wasn't all that long ago that a Home Depot CEO who'd let the company stock fall 40% in value during his tenure walked away with tens of millions in bye-bye $$$. Perhaps this whiner should concentrate on managing the business a little better and stop trying to blame someone else.
 
Old 12-15-2011, 03:42 PM
 
2,053 posts, read 1,755,188 times
Reputation: 1429
This guys a nutcase, if you dont send money to republicans in an election, you should get shot:

Quote:
"If a retailer has not gotten involved with this, if he has not spent money on this election, if he has not sent money to Norm Coleman and these other guys," Mr. Marcus said, apparently referring to Republican senators facing tough re-election fights, then those retailers "should be shot; should be thrown out of their goddamn jobs."
Home Depot Founder: Retailers Who Don't Support GOP "Should Be Shot"
 
Old 12-15-2011, 03:45 PM
 
19,454 posts, read 13,202,435 times
Reputation: 4875
Quote:
Originally Posted by DRob4JC View Post
Home Depot Founder: I Couldn't Start Home Depot Under President Obama

VIDEO at the link.

He mentions Obamacare, Dodd-Frank, higher taxes, stronger unions, stronger regulations as reasons.
This is a running theme among many of the people running the most successful companies in America. Steve Jobs said the same thing about Apple computer, when he said, essentially, with all the current laws and regulations, that Apple would never have gotten off the ground.

So where is our future heading to, when so many successful companies can no longer be created? While trying to regulate and legislate America into some kind of a Utopia, we are instead allowing our government to destroy it.
 
Old 12-15-2011, 03:51 PM
 
2,053 posts, read 1,755,188 times
Reputation: 1429
Quote:
Originally Posted by Wapasha View Post
This is a running theme among many of the people running the most successful companies in America. Steve Jobs said the same thing about Apple computer, when he said, essentially, with all the current laws and regulations, that Apple would never have gotten off the ground.

So where is our future heading to, when so many successful companies can no longer be created? While trying to regulate and legislate America into some kind of a Utopia, we are instead allowing our government to destroy it.
ok, ok. Why dont they tell us which regulations are killing their businesses. THey can never seem to answer that, Why?

BECAUSE THEIR LYING!

Quote:
Of the 7,247 mass layoffs last year -- those involving at least 50 workers -- 18 were the result of government regulation, according to department data. Of the 3,114 mass layoffs in the first half of this year, 11 were related to government regulation. By comparison, 1,053 mass layoffs were attributed to business demand.

Obama’s White House approved 613 federal rules during the first 33 months of his term, 4.7 percent fewer than the 643 cleared by President George W. Bush’s administration in the same time frame, according to an Office of Management and Budget statistical database reviewed by Bloomberg.
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