Conservative Hideout 2.0 Rotating Header Image

Capitalism Lessons for Obama from 1948: Will he Learn?

Share

This past week, President Obama called on former President Clinton for his help on the struggling U.S. economy.  It appears Obama is starting to feel the heat from his failed economic policies as more and more people express concerns over his ability to address the nation’s economic woes.  The U.S. Chamber of Commerce issued a scathing critique of the administration’s policies.  The leading business group issued a rebuke of Obama’s economic agenda, accusing him and his Democrats in Congress of neglecting job creation and hampering growth with burdensome regulatory and tax policies. This is all happening as the Senate prepares to vote on one of the most anti-capitalistic bills (Financial Reform Bill) that this nation has ever seen.

It appears that the President and his party are struggling over what exactly capitalism is and how it can actually help restart the economic engine of America.  So I found this clip on You Tube to help them out.

Less regulation, property ownership, competition, choice, and dare I say…profit.  And hey it all adds up to a free enterprise system.  Now I know capitalism is a tough concept for a Marxist or a group of Marxists to understand, but I hope this 9 minute video helps the Democrats and the President gain a firmer grasp on the basics of capitalism.

Liberty forever, freedom for all!

Original Post & Image H/T: The Current

Pages

This Blog

Linked From Here

The Web

This Blog
Linked From Here
The Web

Thursday, July 15, 2010

Capitalism Lessons for Obama from 1948

Yesterday President Obama called on former President Clinton for his help on the struggling U.S. economy.  It appears Obama is starting to feel the heat from his failed economic policies as more and more people express concerns over his ability to address the nation’s economic woes.  The U.S. Chamber of Commerce issued a scathing critique of the administration’s policies.  The leading business group issued a rebuke of Obama’s economic agenda, accusing him and his Democrats in Congress of neglecting job creation and hampering growth with burdensome regulatory and tax policies. This is all happening as the Senate prepares to vote on one of the most anti-capitalistic bills (Financial Reform Bill) that this nation has ever seen.
It appears that the President and his party are struggling over what exactly capitalism is and how it can actually help restart the economic engine of America.  So I found this clip on You Tube to help them out.
Less regulation, property ownership, competition, choice, and dare I say…profit.  And hey it all adds up to a free enterprise system.  Now I know capitalism is a tough concept for a Marxist or a group of Marxists to understand, but I hope this 9 minute video helps the Democrats and the President gain a firmer grasp on the basics of capitalism.
Liberty forever, freedom for all!
Share
  • http://harrisonprice.com Harrison

    How about this speech by JFK:

    “…a permanent, basic reform and reduction in our rate structure…an across the board top to bottom cut in both corporate and personal income taxes…every dollar released from taxation that is spent or invest will help create new job and a new salary.”

    http://capitolcommentary.com/2010/01/14/when-democrats-favored-tax-cuts/

    • http://thecurrent9171787.blogspot.com/ John Carey

      Thanks for the JFK tip Harrison. I wonder why the Dems don’t seem be locked in on that clip.

  • http://reaganiterepublicanresistance.blogspot.com Reaganite Republican

    To me, capitalism also simply follows natural law… while socialism is a highly contrived, precariously balanced, and inherently dysfunctional system that attempts to warp reality through delusional self-glorification and simply forcing people to work without normal motivation and rewards… then sacrifice all for an elusive “greater good” of tomorrow that somehow never seems to arrive.

    It’s like a Ponzi scheme, really- the leaders know it is a scam, but take all your money to to prop up the illusion the system pays off for everyone eventually

    • http://thecurrent9171787.blogspot.com/ John Carey

      Very well said RR. It is indeed true that socialism is a scam, like you said it is kind of like a ponzi scheme. That hit the nail on the head.

  • Pingback: Tweets that mention Capitalism Lessons for Obama from 1948: Will he Learn? | Conservative Hideout 2.0 -- Topsy.com

  • http://conservativehideout.com Matt

    I like RR’s explanation. Sadly, Obama does know about capitalism. At the very least, he knows that capitalism stands in the way of his “progressive” utopia. So, he will continue the effort to destroy it.

    • http://thecurrent9171787.blogspot.com/ John Carey

      I sometimes wonder if he does Matt. Maybe he surrounded himself with Marxists that saw the few weaknesses in capitalism as fatal flaws and truly believe that the snake oil they’re selling is the answer.

  • http://americaswatchtower.com Steve Dennis

    It seems so simple doesn’t it? What is it that they don’t understand?

    • http://thecurrent9171787.blogspot.com/ John Carey

      They may not be capable of understanding or like Matt said they totally understand and they know what to do to collaspe it on itself. This way they can set up a new redistribution type system (socialistic) and point how capitalism has failed the people.

  • amsued

    Capitalism?

    Capitalism?

    Sorry, folks, that voted out OUT in last the election.

    And, to the 53% that voted out, well, rest assured that rest of will remember what you did and show the appropriate level of appreciation.

  • http://mksviews.wordpress.com/ MK

    Oh liberals understand capitalism very well, they just hate the liberty and prosperity it brings for so many.

    • http://thecurrent9171787.blogspot.com/ John Carey

      I can’t argue with that logic MK! You hit the nail on the head.

Switch to our mobile site