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I support Capitalism as an economic system. We are no longer a Capitalist system because the largest businesses can control the politics in a manner that destroys the free market upon which capitalism is based. An international oil cartel is not Capitalism. It is a controlled market. Basic market theory indicates the cartel is anti-capitalist. Selling falsified (tranched) mortgage paper that conceals the real value is not capitalist. It is a complex fraud. All of these activities and too many more to list were supported by the neocon administration. That is not Capitalism, it is State Socialism.
Oh great. Another conspiracy theory from an Obama-hater.
Why is it that any thing negative that go's agains't you guy, is a Conspiracy Theory, doesn't matter what the source is, it is all hater's fault. Wake up, this guy is not what he said he was. He's is a ticking time bomb, Peope need to smarten up here. Him and his band of thiefs, spending money as it were water. Pretty soon we won't be able to afford even our water bills.
One gets used to it. Ever listen to a spoiled child when somebody takes the scissors away. Even if it could hurt them they whine and cry to get them back.
I've been saying this for a while. It is because of obama's radical agenda, his takeover of HC, his draconian taxes on the way to pay for his programs - the reasons why business is not hiring and consumers are not spending.
0bama has been causing instability in the market and employers are hesitant to hire new people, expand their business, take out a loan, or take any risks because they do not know from one week to the next, what new stupid, economically disastrous policy or law 0bama will propose next.
If they hire new employees, will new laws cost them thousands of dollars in new fees, taxes or mandated benefits. If they expand their business, will new energy policies on carbon footprints create a new loss in revenue.
obama's policies are destroying the economy:
Quote:
U.S. Chamber of Commerce President Tom Donohue warned the U.S. faces a double-dip recession because of the taxes and regulations under consideration by the Democratic Congress and President Barack Obama.
“Congress, the administration and states must recognize that our weak economy simply could not sustain all the new taxes, regulations and mandates now under consideration. It’s a sure-fire recipe for a double-dip recession, or worse,†Donohue said in a speech providing the Chamber's outlook for 2010.
Because ladies & gentlemen this is being done intentionally..."Destroy Capitalism"...Hows all that hope and change working out for you!!!
Firms shedding jobs, cutting inventories amid weak sales, NFIB says[/quote]
YOU made the statement, now prove it with facts and sources (Clue: U-Tube is not a viable source of anything but entertainement, so no videos or commentaries, just FACTS) or be labeled for what you are if you cannot produce them. Will be waiting to see them.
Casper
YOU made the statement, now prove it with facts and sources (Clue: U-Tube is not a viable source of anything but entertainement, so no videos or commentaries, just FACTS) or be labeled for what you are if you cannot produce them. Will be waiting to see them.
Casper
Talk to them, and they'll gladly tell you why: Having weathered the recession, they now fear the administration will choke off the nascent recovery and increase their costs through higher taxes to pay for the myriad of programs President Obama has in store for us, including the hyperexpensive health-care overhaul.
At a recent symposium, Intel boss Paul Otellini, a contributor to both parties, expressed concern about the “amount of variability in the system” created by the state of policy flux in healthcare, energy and tax policy. “It is very difficult to make a hiring decision,” he said. General Electric chief executive Jeffery Immelt, a strong supporter of Obama’s cap-and-trade proposal, added he would just like to “know what the rules are.”
House Minority Leader John A. Boehner was not about to apologize. “Employers are sitting there, and they’re frozen,” he said. “The president wants to blame us for telling the American people what they’re doing.”
Employers are not hiring because they don't know what draconian taxes are coming down the pike...same with individuals.
The proof is in obama/pelosi/reid policies, like HC, Cap&Tax, more taxes on business/individuals, takeover of auto/banking industrys, setting the pay for executives, the list goes on and on.
All attacks on capitalism.
Obama, Pelosi, and Reid are not liberals.
Their voting record says otherwise.
In any case, let's not throw out the names of three supposed liberals to make it seem like ALL liberals believe this.
What new taxes have been introduced for businesses and individuals?
There is no takeover of banking or the auto industry. I would actually prefer for us to nationalize the banks and we need to support our ailing manufacturing industry.
I am glad they are setting the pay for executives over banks that took bailout money. There is no reason taxpayer money should be used to fund outrageous bonuses and overinflated salaries of bank CEOs who have caused such a huge mess.
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