obama

Obama as anti-business moves into mainstream discussion | The Daily Caller – Breaking News, Opinion, Research, and Entertainment

Complaints about economic uncertainty created by Obama’s health care bill and the financial regulation bill have already been percolating for a few weeks. Much of this was kicked off by an explosive indictment of Obama’s policies by Verizon CEO Ivan Seidenberg – who has been a key business ally of the president’s – in late June.

And though the White House feels that it has true free market believers such as Treasury Secretary Tim Geithner and National Economic Council director Larry Summers in key decision-making positions, many top business leaders see the two – who have both been in government or academia their entire lives – as poor substitutes for men or women with actual business expertise.

“One of the concerns in the business community writ large is that this administration has no former CEO – manager of a business enterprise – anywhere in this administration,” said R. Bruce Josten, a top official at the U.S. Chamber of Commerce who oversees its government affairs division.

via Obama as anti-business moves into mainstream discussion | The Daily Caller – Breaking News, Opinion, Research, and Entertainment.

Made Enough Money? Obama Thinks So.

He should have stuck with the TelePrompter. The President doesn’t get to decide when people have “made enough money.” In fact, as the radio host notes, that’s a statist point of view. Furthermore, the responsibility of an entrepreneur isn’t to “grow our economy,” core or otherwise. It’s to grow his own economy. In a properly regulated capitalist system, the natural tension of self-interests create economic growth through innovation and efficient use of capital and resources.

Put simply, a free people work for themselves, not for the government. Barack Obama seems to have a problem understanding that.

Read the rest here

Public input period for federal fishery strategy has ended – ESPN

“Now we see NOAA National Oceanic and Atmospheric Administration and the administration planning the future of recreational fishing access in America based on a similar agenda of these same groups and other Big Green anti-use organizations, through an Executive Order by the President. The current U.S. direction with fishing is a direct parallel to what happened in Canada with hunting: The negative economic impacts on hard working American families and small businesses are being ignored.”

In spite of what we hear daily in the press about the President's concern for jobs and the economy and contrary to what he stated in the June order creating this process, we have seen no evidence from NOAA or the task force that recreational fishing and related jobs are receiving any priority.”

Consequently, unless anglers speak up and convince their Congressional representatives to stop this bureaucratic freight train, it appears that the task force will issue a final report for “marine spatial planning” by late March, with President Barack Obama then issuing an Executive Order to implement its recommendations — whatever they may be.

Led by NOAA’s Jane Lubchenco, the task force has shown no overt dislike of recreational angling, but its indifference to the economic, social and biological value of the sport has been deafening.Additionally, Lubchenco and others in the administration have close ties to environmental groups who would like nothing better than to ban recreational angling. And evidence suggests that these organizations have been the engine behind the task force since before Obama issued a memo creating it last June.

As ESPN previously reported, WWF, Greenpeace, Defenders of Wildlife, Pew Environment Group and others produced a document entitled “Transition Green” shortly after Obama was elected in 2008. What has happened since suggests that the task force has been in lockstep with that position paper.

via Public input period for federal fishery strategy has ended – ESPN.

Class Warfare’s Next Target: 401k Savings

You did the responsible thing. You saved in your IRA or 401(k) to support your retirement, when you could have spent that money on another vacation, or an upscale car, or fancier clothes and jewelry. But now Washington is developing plans for your retirement savings.

BusinessWeek reports that the Treasury and Labor departments are asking for public comment on “the conversion of 401(k) savings and Individual Retirement Accounts into annuities or other steady payment streams.”

In plain English, the idea is for the government to take your retirement savings in return for a promise to pay you some monthly benefit in your retirement years.

They will tell you that you are “investing” your money in U.S. Treasury bonds. But they will use your money immediately to pay for their unprecedented trillion-dollar budget deficits, leaving nothing to back up their political promises, just as they have raided the Social Security trust funds.

Read the rest here…

Investors.com – Class Warfare’s Next Target: 401k Savings.

Joe Biden update: Iraq one of Obama’s ‘great achievements’ | Top of the Ticket | Los Angeles Times

Vice-Dunce and his mouth, the gift that keep on giving.

Thank goodness, Vice President Joe Biden went on CNN to chat with Larry King Wednesday night. So many think things are not going so well for the Democrat administration, as The Ticket chronicled here.

Many Americans recall the ex-Sen. Biden's Democratic primary plans to give in to Iraq’s fractious factions and carve the country into three territories. And even more probably recall Biden’s boss’ plan to halt the Iraq war years ago. As long as it got started anyway without the permission of the then state senator.

Plus, of course, the vehement opposition of the Nobel Prize winner to the 2007 American troop surge of you-know-who from Texas that Obama knew for certain was only going to worsen sectarian strife there.

via Joe Biden update: Iraq one of Obama’s ‘great achievements’ | Top of the Ticket | Los Angeles Times.

Vulnerable Dems seek distance from Obama – baltimoresun.com

Heading into an election season in which Republicans are trying to tie Democrats to Obama’s unpopular policies, Obama’s budget gives his fellow Democrats an unlikely campaign tool — a catalogue of ways to establish their distance from controversial aspects of his administration.

It is a time-tested campaign tactic for politicians to declare their independence of party leaders. But the tactic is particularly important for Democrats this year, because their party dominates Washington, and being an insider is a political liability in an anti-incumbent climate.

read the rest here… Vulnerable Dems seek distance from Obama – baltimoresun.com.