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Current Events => General Discussion => Topic started by: diesel driver on September 17, 2010, 08:00:44 AM

Title: How Obama Thinks
Post by: diesel driver on September 17, 2010, 08:00:44 AM
For a truer idea just what is (and isn't) in the head of Barack Obama, this month's Forbes magazine is a must read. 

How Obama Thinks
by Dinesh D'Souza

Forbes Magazine 
September 27, 2010

The President isn't exactly a socialist. So what's driving his hostility to private enterprise? Look to his roots.

Barack Obama is the most antibusiness president in a generation, perhaps in American history. Thanks to him the era of big government is back. Obama runs up taxpayer debt not in the billions but in the trillions. He has expanded the federal government's control over home mortgages, investment banking, health care, autos and energy. The Weekly Standard summarizes Obama's approach as omnipotence at home, impotence abroad.

The President's actions are so bizarre that they mystify his critics and supporters alike. Consider this headline from the Aug. 18, 2009 issue of the Wall Street Journal: "Obama Underwrites Offshore Drilling." Did you read that correctly? You did. The Administration supports offshore drilling--but drilling off the shores of Brazil. With Obama's backing, the U.S. Export-Import Bank offered $2 billion in loans and guarantees to Brazil's state-owned oil company Petrobras to finance exploration in the Santos Basin near Rio de Janeiro--not so the oil ends up in the U.S. He is funding Brazilian exploration so that the oil can stay in Brazil.

http://www.forbes.com/forbes/2010/0927/politics-socialism-capitalism-private-enterprises-obama-business-problem.html
Title: Re: How Obama Thinks
Post by: gurn on September 17, 2010, 10:32:13 AM
I read this article in full. It's superb.
Title: Re: How Obama Thinks
Post by: DefiantSix on September 17, 2010, 10:42:39 AM
Before we tackle such a tricky question as "How Kaliph Barry thinks", I think it's important to answer the question underlying that one:

Quote
Obama thinks?