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Message
Obama says CEOs should quit complaining
Posted on 8/4/14 at 4:48 pm
Posted on 8/4/14 at 4:48 pm
quote:
President Barack Obama said corporate America has done well under his economic policies, telling the Economist magazine that chief executive officers should stop complaining about regulations and show greater social responsibility.
"If you look at what's happened over the last four or five years, the folks who don't have a right to complain are the folks at the top," Obama said in an interview conducted last week and posted on the magazine's website late on Saturday.
"I would take the complaints of the corporate community with a grain of salt," Obama said, arguing that his policies have been friendly to business. "They always complain about regulation. That's their job."
Obama has increasingly promoted populist economic measures such as raising the minimum wage to motivate Democratic voters ahead of critical November congressional elections, in which his Democrats face the prospect of losing control of the Senate.
"Oftentimes, you'll hear some hedge-fund manager say, 'Oh, he's just trying to stir class resentment'. No. Feel free to keep your house in the Hamptons and your corporate jet, etcetera. I'm not concerned about how you're living," Obama said.
"I am concerned about making sure that we have a system in which the ordinary person who is working hard and is being responsible can get ahead," he said.
Obama had a frosty relationship with business in his first term, famously telling an interviewer: "I did not run for office to be helping out a bunch of fat cat bankers on Wall Street."
LINK
quote:"Obama still doesn't get it" . . . . indeed!
AutoNation CEO: Obama still doesn't get it
9 Hours Ago
In an interview with CNBC, AutoNation CEO Mike Jackson criticized President Obama's recent comments that corporate leaders "don't have a right" to complain about business regulations.
LINK
Posted on 8/4/14 at 4:54 pm to NC_Tigah
quote:
Obama
quote:
CEOs should quit complaining
irony
He is a CEO, whether he chooses to behave like one or not.
Posted on 8/4/14 at 4:55 pm to MSMHater
quote:Hopefully he'll witness consequence of a "hostile takeover" come November.
He is a CEO, whether he chooses to behave like one or not.
Posted on 8/4/14 at 4:56 pm to NC_Tigah
quote:Well, Mr. Obama, fat cat bankers are about the only people who have benefited from your policies. As the stock market reaches the heavens, average Americans have lower incomes, less discretionary spending, and more part time, minimum wage jobs since you entered the white house. On top of that, Obamacare has stuck a boot up the arse in the form of higher premiums.
"I did not run for office to be helping out a bunch of fat cat bankers on Wall Street."
Mr. Obama, you are an economically illiterate charlatan, who cannot understand that the costs of regulation fall squarely on the shoulders of the people you are trying to help, in the form of higher costs and less employment.
Educate yourself, Mr. President.
Posted on 8/4/14 at 4:56 pm to NC_Tigah
quote:
Obama says CEOs should quit complaining
....this from the "Complainer in Chief"
Posted on 8/4/14 at 5:00 pm to NC_Tigah
quote:
President Barack Obama said corporate America has done well in spite of his economic policies,
FIFH
Posted on 8/4/14 at 5:06 pm to HailHailtoMichigan!
quote:Anyone with substantial discretionary assets has had opportunity to do well, as we will under virtually any policy set. If money is mobile, it will mobilize if attacked. FACT!
Well, Mr. Obama, fat cat bankers are about the only people who have benefited from your policies
If money is not mobile (as in nondiscretionary income) it is held hostage and victim to tax policy. Hence the result of this economic idiot's efforts.
Posted on 8/4/14 at 5:18 pm to NC_Tigah
quote:
show greater social responsibility
I'm sure everyone views this objectively.
Posted on 8/4/14 at 5:19 pm to HailHailtoMichigan!
quote:
Well, Mr. Obama, fat cat bankers are about the only people who have benefited from your policies.
No shite. Obama makes these kinds of comments but his actions say that those are the people he's really working for. frick Obama.
Posted on 8/4/14 at 5:22 pm to Draconian Sanctions
quote:Trust me, it is NOT a deliberate effort.
hose are the people he's really working for. frick Obama.
Say what you want about "W", Obama is an economic dumbass.
Posted on 8/4/14 at 5:22 pm to NC_Tigah
quote:
"Oftentimes, you'll hear some hedge-fund manager say, 'Oh, he's just trying to stir class resentment'. No. Feel free to keep your house in the Hamptons and your corporate jet, etcetera. I'm not concerned about how you're living," Obama said.
Oh, what an intellectual! Seriously, what a policy heavyweight!!
Posted on 8/4/14 at 5:23 pm to Draconian Sanctions
Not to mention his health law, quite literally, forces us to stuff the pockets of these CEOs.
Posted on 8/4/14 at 5:36 pm to NC_Tigah
This is funny because basically Obama is a CEO and he complains on a daily basis.
Posted on 8/4/14 at 5:46 pm to NC_Tigah
quote:
Obama had a frosty relationship with business in his first term, famously telling an interviewer: "I did not run for office to be helping out a bunch of fat cat bankers on Wall Street."
What a fricking liar that guy is. His admin is LOADED w/ former Goldman-Sachs employees. LINK
That link is from '10. God only knows how much more that list has grown since then.
quote:
"I would take the complaints of the corporate community with a grain of salt," Obama said, arguing that his policies have been friendly to business. "They always complain about regulation. That's their job."
Typical talk from a dumb fricking Lib who's never signed the FRONT of a paycheck.
Posted on 8/4/14 at 5:51 pm to stuntman
quote:He is not a liar.
What a fricking liar that guy is.
He is a complete total 100% economic, business DUMBASS.
Trust me.
Anyone with disposable money know it!
Anyone.
Obama actually believes want he is saying.
That is the separation between him and WJClinton.
Clinton's positions were about politics. Obama's are about ignorance manifest in policy.
Obama actually believes want he is saying as much as an avowed astrologer believes in astrology.
He's an idiot!
This post was edited on 8/4/14 at 5:55 pm
Posted on 8/4/14 at 6:01 pm to NC_Tigah
NC, wouldn't an idiot at least accidentally fall into the right decision or policy every now and then?
Posted on 8/4/14 at 6:22 pm to NC_Tigah
quote:Why are you insulting Astrologers?
Obama actually believes want he is saying as much as an avowed astrologer believes in astrology.
He's an idiot!
Posted on 8/4/14 at 6:24 pm to NC_Tigah
quote:frick that. Screw "social responsibility".
show greater social responsibility.
Posted on 8/4/14 at 6:48 pm to NC_Tigah
Let's see if the coward in chief will give that same spiel to the Hollywood millionaires that he loves to suck up to.
Posted on 8/4/14 at 6:56 pm to NC_Tigah
quote:
However, he said he obsesses with the fact that under his watch those at the top are getting a larger and larger share of the economy, whereas middle-class and working-class families are stuck.
"Their wages and incomes are stagnant. They've been stagnant for almost two decades now," he said.
Related: Jobs are starting to come back, but pay isn't
Obama started his presidency amid the worst recession since the Great Depression, and he pointed out how much the country has improved since then.
"Our policies have produced a record stock market, record corporate profits, 52 months of consecutive job growth, 10 million new jobs ... an energy sector that's booming ... a housing market that has bounced back ... I think you'd have to say that we've managed the economy pretty well," he said.
I see you did not include the more relevant parts.
Again, not surprised.
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