Debunking Obama As Anti-Business Socialist

Corporate Profits Soar as Executives Attack Obama Policy

U.S. corporations’ after-tax profits have grown by 171 percent under Obama, more than under any president since World War II, and are now at their highest level relative to the size of the economy since the government began keeping records in 1947, according to data compiled by Bloomberg.

Profits are more than twice as high as their peak during President Ronald Reagan’s administration and more than 50 percent greater than during the late-1990s Internet boom, measured by the size of the economy.

Business leaders cite low labor costs in an era of high unemployment, the Federal Reserve’s easy-money policies, and their own management savvy for the profit boom. Prosperity has come in spite of the president, not because of him, they say.

www.bloomberg.com...

The Best Presidents for the Economy

A word here: Corporate profits were incredibly depressed from the financial crisis in January 2009, when President Obama entered office. That low starting point makes growth through today look massive. If, instead of January 2009, you use January 2008 profit levels as a starting base, average annual corporate profit growth under President Obama is 6.8%.

Why The Charge That Obama Is ‘Anti-Business’ Is Ridiculous, In Three Charts



Corporate Profits Hit Record High While

Worker Wages Hit Record Low

Corporations made a record $824 billion in profits last year as well, while the stock market has had one of its best performances since 1900 while Obama has been in office. Meanwhile, workers are getting the short end of the stick. As CNN Money explained, “a separate government reading shows that total wages have now fallen to a record low of 43.5% of GDP. Until 1975, wages almost always accounted for at least half of GDP, and had been as high as 49% as recently as early 2001.”

www.fool.com...

Obama is pro-business, especially for the elite capitalist class. He could care less about the worker. He is everything a communist is not. Yet the right wing keeps peddling this ridiculous propaganda. The only reason why they can do this is because of the masses being uneducated. Capitalism, State Capitalism, Fascism, or Corporatism -- (all the things you could label Obama or the USA) ---has absolutely nothing to do with Socialism.

This would be like labeling a pro-life person as being pro-abortion. It's just crazy... the complete opposite of reality.

I cant let you get away with this.

Fact is your right, profits are up but based on the USD. The USD is being "printed" Into oblivion creating a false high. If you look at profits compared to gold, it tells a different story.

Stocks are up, yes, but the FEDs are pumping 40 billion dollars into the market monthly. NOT GOOD. This is not a healthy economy, this is a economy on life support and the only drug keeping it alive will kill it someday.

I would also argue Obama is pro bankers. If he was anti banker, he would not allow the FED’s to print 40 billion a month and purchase mortgage back securities, "toxic assets", from these TBTF banks. Its criminal what going on with this country today but the sheeple are so dumbed down, they don’t have the slightest clue. You try to educate them and they call you a conspiracy nut when in fact all the data is readily available and open to the public.

Complacency has entered America. There is no need to work hard because the government is going to take your earnings away anyways. The motto now a days is “just getting by” your no longer bettering yourself.

Machine shops have been working overtime to keep up with the demand for parts for robots to take the place of humans in the production process. Manufacturers are buying cheap parts from China due to over-regulation from the fed, which results in higher profits. Manufacturers are outsourcing to China for increased profits. It would seem China is the big winner. The American economy is stagnant. The numbers don't add up to American prosperity no matter how it is spun to look like it. The GDP has been in the toilet for years. High unemployment is still a problem and the interest we pay on the rising debt is simply money flushed down the toilet. Not to mention the fact that printing more money means the dollar buys less.

reply to post by WaterBottle



There are 3 kinds of lies: Lies.. Damn Lies... And Statistics....
-Mark Twain

reply to post by jimmiec

. The numbers don't add up to American prosperity no matter how it is spun to look like it.

If you read the OP you would had seen that I agree with this. Hence the huge 6 point text of;

Corporate Profits Hit Record High While Worker Wages Hit Record Low

reply to post by WaterBottle


This is the condition we find ourselves in….

Socialism - a stage of society in Marxist theory transitional between capitalism and communism and distinguished by unequal distribution of goods and pay according to work done

definition


President Obama has emulated Lenin in striving to increase state control over our economy, health care, finance, education, food, manufacturing, and transportation. We are transitioning away from capitalism under his reign as POTUS.

Epic Thread FAIL!

Originally posted by camaro68ss
I cant let you get away with this.

Fact is your right, profits are up but based on the USD. The USD is being "printed" Into oblivion creating a false high. If you look at profits compared to gold, it tells a different story.

Stocks are up, yes, but the FEDs are pumping 40 billion dollars into the market monthly. NOT GOOD. This is not a healthy economy, this is a economy on life support and the only drug keeping it alive will kill it some day.

If you came away with thinking the OP as saying the US economy was healthy..... then I don't know what to say. I don't know if you didn't read it or what. The whole thing was about growing corporate profit and wealth inequality and, ever falling low wages.

It's good for the financial elite, that is about it.

Every other thread is of Obama;
Crunking on the constitution,
Stealing your guns, & drowning Christian kittens.

Oh...& of course brainwashing your children;
Why?..so they can attend Black Panther daycare dummies.
You know, an average day for the president.

(count your guns now members, I bet when 2016 comes around,
not a single one will be missing)
But facts are no way to generate hate.

This thread of yours, because it's based in reality,
is going to go over like a lead ballon.
But if these numbers we attributed to John MCCain
or some new president named Tripp Bristol there would be
dancing in the corporate suites.

They don't want facts.
They want an enemy.
God Bless the Secret Service.
A star for them and you.

Originally posted by seabag
reply to post by WaterBottle

 

This is the condition we find ourselves in….

Socialism - a stage of society in Marxist theory transitional between capitalism and communism and distinguished by unequal distribution of goods and pay according to work done

definition


President Obama has emulated Lenin in striving to increase state control over our economy, health care, finance, education, food, manufacturing, and transportation. We are transitioning away from capitalism under his reign as POTUS.

Epic Thread FAIL!

You have no clue what you're talking about. You call Obamacare socialist when it has nothing to do with socialism at all. It mandates everyone to buy PRIVATE insurance, from for profit companies.

Lenin implemented an Oligarchy and State Capitalism....

Reply to me after you've done some reading. Post fail...

Socialism no longer means just the workers have control of the means of production (if it ever meant just that in the first place). That is a bit simplistic. What it means now in this day and age is a social engineering or a centrally managed culture which Obama very much is in favor of.

Don't forget that "liberal" in its classic definition meant exactly the opposite of what it means today.

Originally posted by WaterBottle

Originally posted by camaro68ss
I cant let you get away with this.

Fact is your right, profits are up but based on the USD. The USD is being "printed" Into oblivion creating a false high. If you look at profits compared to gold, it tells a different story.

Stocks are up, yes, but the FEDs are pumping 40 billion dollars into the market monthly. NOT GOOD. This is not a healthy economy, this is a economy on life support and the only drug keeping it alive will kill it some day.

If you came away with thinking the OP as saying the US economy was healthy..... then I don't know what to say. I don't know if you didn't read it or what. The whole thing was about growing corporate profit and wealth inequality and, ever growing low wages.

My argument was profits are not growing in real wealth. Yes there growing in USD but that’s getting eroded by inflation.

The term price inequality also drive me mad. In a true capitalist economy, you would not have these problems. But due to government oversight and abusing regulations, competition and risk reward is frowned upon.

If risk and reward is frowned upon ,wealth through your own hard work, then innovation slows down due to the demonization of being wealthy or taxed to death. Complacency steps in, Why work hard so the government can tax it away, and growth falters. You enter stagnation and the wealthy get richer, the poor get poorer.

its the classic USSR example.

Originally posted by 11235813213455
Socialism no longer means just the workers have control of the means of production (if it ever meant just that in the first place). That is a bit simplistic. What it means now in this day and age is a social engineering or a centrally managed culture which Obama very much is in favor of.

Don't forget that "liberal" in its classic definition meant exactly the opposite of what it means today.

Socialism has nothing to do with social engineering. You can't just make up your own definition of words and call it such.

The largest social engineering program going on right now is the product of capitalism. Every where you look there are advertisements trying to convince you to buy things you don't need.



President of the American Tobacco Company, hired public relations expert Edward Bernays to reverse the taboo against women smoking in public. Bernays consulted with psychoanalyst A.A. Brill, and came up with the idea that cigarettes were "torches of freedom" and, therefore, their denial, at least in public, to women symbolized a man's oppression of the second sex. Bernays solicited a number of New York debutantes to make a political gesture for women's rights by marching in the 1929 Easter parade, smoking (Playboy 1/87).

Edward Bernays worked with George Washington Hill of the American Tobacco Company, as an advertising rep, from 1928 on. (E. Whelan 1984). Edward Bernays later became the senior member of the board of directors of ASH, an anti-smoking advocacy group (E. Whelan 1984).

reply to post by WaterBottle


So what if he made it acceptable for woman to smoke. The best thing about true capitalism is you’re not forced to buy the product. Where government forces you to comply, and now purchase goods (Obamacare), or face fines and jail time. you tell me what system gives you the most liberty?

I’m not advocating no government but only limited government within its TRUE Constitutional limits

reply to post by WaterBottle


I'm not making it up and you can type til you hit bone and it is going to change a thing. Socialism=Social Engineering in its modern definition and form. It ain't just me saying it.

But for the sake of argument I'll abandon that. Personally I think that Obama can be a Fascist, Communist, Socialist... Whatever. These are all extractive systems of redistribution. So ya.. he can be any of them and they all fall under the banner of totalitarianism.

Remember his comment about driving our suv's, eating what we want, and having our thermostat set to where we want to and how we can't be doing that?

And advertisement is not propaganda. Now you got your definitions wrong.

1. small business are the largest employers in this country
2.statistics are meaningless considering the devaluation of the dollar.


A business in 1985 that made $100 million a year has todays value of $200+million

Profits maybe be up but the actual value of the dollar is DOWN.

he largest social engineering program going on right now is the product of capitalism. Every where you look there are advertisements trying to convince you to buy things you don't need.

Hardly and we all know what ideology uses government to force buy corporate products ads not used.

Ss,medicare,medicaid,free education,

Originally posted by WaterBottle

Originally posted by seabag
reply to post by WaterBottle

 

This is the condition we find ourselves in….

Socialism - a stage of society in Marxist theory transitional between capitalism and communism and distinguished by unequal distribution of goods and pay according to work done

definition


President Obama has emulated Lenin in striving to increase state control over our economy, health care, finance, education, food, manufacturing, and transportation. We are transitioning away from capitalism under his reign as POTUS.

Epic Thread FAIL!

You have no clue what you're talking about. You call Obamacare socialist when it has nothing to do with socialism at all. It mandates everyone to buy PRIVATE insurance, from for profit companies.

Lenin implemented an Oligarchy and State Capitalism....

Reply to me after you've done some reading. Post fail...

What I said is correct. The similarities between Karl Marx' 10 Point Program of Communism and what Obama is doing is striking. He has emulated Lenin and Marx every step of the way. The Communist Manifesto and other rags are his playbooks....certainly NOT the constitution.

You are free to keep carrying his water for him but it is what it is. Regardless what title you’d like to attach to what he’s doing it’s still a departure from free market capitalism and the economy still sucks.

Still an EPIC FAIL.

That is because he is not a socialist. He is a Wall Street puppet but plays his script as told in order to give the illusion to the American people that there has been any difference between the last 5 presidents. It also allows the American people to fight among each other rather than at the ones writing the scripts.


Who are the ones writing the scripts, aka policies? I' ll tell you, it is not Obama!

Additionally, he's not anti-business... He is very much pro-business. Only.. "pro" the businesses that get in line with his agenda and "anti" the ones that want to operate in the free market.

reply to post by WaterBottle


Yea, thats why i did not say " no matter how YOU spin it"