Obama Echoes Calvin Coolidge and Ronald Reagan in Praise of Corporate CEO's

[Better Believe It]

Obama Echoes Coolidge, Reagan, in Praise of CEOs
By Matthew Rothschild
Editor of The Progressive
December 16, 2010

I don’t know why Obama felt the need to bow down to the chieftains of American business on Wednesday.

But there he was, sounding like a composite of Calvin Coolidge and Ronald Reagan.

Like Coolidge, who said, “The business of America is business,” Obama told the 20 CEOs: “We want to be boosters because when you do well, America does well.”

But wait just a second here. Corporate America is already doing quite well, thank you. They’re making record profits. And yet the rest of America is not doing well at all.

So what was Obama talking about?

Read the full article at:

http://www.progressive.org/wx121610.html

[DefenseLawyer]

1. Born again supply sider.

Now go do that voodoo that you do, so well!

[Laelth]

2. Sigh. What can one say at this point? n/t

-Laelth

[FiveGoodMen]

3. "We've been had"

[RUMMYisFROSTED]

4. "Whoops?"

:shrug:

[TBF]

6. Seriously. He knows that he has lost progressives completely so

he is going after moderates/republicans. The only good I see in this is that he won't be re-elected. He won't have progessives and he won't have republicans. He may get some moderates, but on their own it's not enough. So we have two more years of a slash and burn democrat to get through. My how things change in two years.

[Celtic Raven]

27. Can't lose what you throw away with both hands

He went down his list of constituencies he didn't value and simply eliminated them. By this time he should be able to damn near fly with all the weight he shed in the first 2 years of his presidency.



I like the term "slash and burn Democrat" although I don't like the reality of living under one. :banghead:

[Marr]

31. I think it's more like Citizens United made it easy to just piss on liberals outright.

He's openly courting the corporate sector now, and not even bothering with the usual pretense.

[Autumn]

5. I don't fucking get it.

What the fuck happened here.:grr: Mr. President, there are a lot of Americans who are in dire straights and would like to have a fucking "booster".

[ladjf]

7. Al Capp, in L'il Abner had his character General Bull Moose

saying "What's good for General Bull Moose is good for the USA." That was in about 1939 I believe.

[leftstreet]

8. Didn't he once say he was the only thing standing between Them and Pitchforks?

:shrug:

[Autumn]

11. Well I wish he would fucking step aside n/t

[leftstreet]

13. lol

:rofl:

:spank:

[ladjf]

9. What an idiotic and patently untrue statement. nt

[progressoid]

10. But Obama's a soshoalist, commie, fashist.

I seen it on Fox news.

[HughBeaumont]

28. Yes, most "Commies" and "Marxists" I know give the rich everything they want.

:rofl:

[texastoast]

12. Hey, O, how about getting some of those bailed-out CEOs to share their bonuses with us?

Just a thought.

[Larkspur]

14. Barack "Herbert Hoover" Obama!!

So I guess those who lost their jobs and their homes can all their new tent cities, Bush-Obamaville.

[glitch]

24. Obubyavilles. nt

[Still a Democrat]

15. So we don't want business to do well?

Where am I?

[texastoast]

17. Sure, we do

The thing about it is, everyone should be able to make a living. The big business people want to make a killing. At your expense and at the expense of opportunities for your children. And not high-dollar opportunities--just fair ones.

Yeah, life is not fair, I know. But think about this.

My company laid off 60 workers last year, one of whom was a widow woman who had been here 27 years and who had recently been diagnosed with Parkinson's disease. And oh, oh, times were bad and it was so sad that it had to be done, blah, blah, blah.

And what happened at Christmas last year after this so necessary layoff? All of us "underlings" had to put up with our meager bonuses getting cut even more. And what happened to the "overlings"? Well, one of them, a 25-year-old, who is so inexperienced that he couldn't find a courtroom, much less know what the hell he was supposed to bring before the judge, got such a nice bonus THAT HE WAS ABLE TO ADD A NEW FUCKING WING on his house.

And this year? Well, he got enough to remodel the rest of his home.

THAT'S what I'm talking about.

[Better Believe It]

18. Not at the expense of and on the backs of working people. Why don't they want us to do well?

Big Business doesn't seem to be all that concerned about working people doing well.

If they are, why are they cutting our pay and benefits while corporate CEO's make out like bandits?

I'm listening.

[Marr]

30. More obtuse spin.

When big business does well, it does not mean everyone is doing well, which is what Obama said. What follows from his statement is that you must service the top and let the wealth "trickle down" to everyone else, which a traditionally right-wing position.

Anyone who believes that does not belong in the Democratic Party. If there is a single, basic premise to which the Democratic Party's purpose could be distilled, it is that the economy is fueled from the bottom-up.

[JoseGaspar]

32. "Where am I?"

Dunno...

Has DU really changed that much in a month?

or, did you think you were at the Chamber of Commerce?

[Scurrilous]

16. K & R

:yourock:

[corpseratemedia]

19. But they're doing the best they've ever done, sitting on trillions, and we're doing horribly.

He knows that. What another slap in the face.

[rucky]

20. The butt smooching must be humiliating for him.

They must have America by the balls more firmly than we can imagine.

[Better Believe It]

21. Just doing his job for his friends. Not humiliating at all. They like him. He likes them!

It's like a club. They have spats but they are all fighting for the same thing.

And I'm sure that President Obama views his position as being the CEO of Corporate America .... the top job with nice perks and a very cool presidential mansion!

[dflprincess]

22. And I'm sure he'll be well rewarded when he leaves office as well.

His retirement is set - no wonder he doesn't care what happens to Social Security.

[Canuckistanian]

23. Oh, Christ. I should be used to this by now.

The ONE good thing about this is - if a Tea Bagger begins to spout "Obama is a soshulist" at me - I can blast them with a machine-gun firing of statements to the contrary.

Tea-baggers, you've got your man. He's a full-blown corporatist that puts even George Bush to shame.

Ugh.

[vssmith]

25. "We sure fooled him," they said, as they left the meeting.

[somone]

26. Obama is a corporatist, through and through

The evidence is ample for all to see

[Marr]

29. That is an open endorsement of Reagan's ridiculous "trickle down" idea.

I remember when anyone espousing that position was, by definition, right-wing.

[femrap]

33. Corporate CEOs aren't

f*cking entrepreneurs....they're leeches sucking innovation and creativity off the backs of their workers or universities.

Entrepreneurs CAN'T BE ENTREPRENEURS BECAUSE THEY CAN'T AFFORD TO GET HEALTH CARE FOR THEMSELVES OF THEIR FAMILIES!!!!!!!!!!!

So many people want to strike out on their own, but they can't due to the high cost of health insurance.

Fuck. Shit. Piss.