Saturday, July 24, 2010

It's a real problem when the president of the US does not understand capitalism!


It's hard to believe but we have a president who does not understand capitalism.

He does not understand how it works.....the wonder of it....and the fact that capitalism is what has made the US the most prosperous nation in world history.

Steve Forbes has a great post today:

"Almost every action Obama officials take underscores their belief in the stereotype that businesspeople are mostly amoral, corner-cutting, consumer-shafting, pollution-loving menaces.

The economy itself needs to be tightly controlled and rigidly guided by Washington mandarins because free markets are inherently and destructively unstable."

We thought that candidate BO was a man of the left.

We did not think that he was this far to the left or so ignorant of the basic principles of a free market economy.

Click here for Saturday's thoughts:






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