Obama Says: "I do think at a certain point you’ve made enough money"

This is unbelievable. (H/T HotAir)

Video:

Partial Transcript:

We’re not, we’re not trying to push financial reform because we begrudge success that’s fairly earned. I mean, I do think at a certain point you’ve made enough money. But, you know, part of the American way is, you know, you can just keep on making it if you’re providing a good product or providing good service. We don’t want people to stop, ah, fulfilling the core responsibilities of the financial system to help grow our economy.

The problem is; that was not a part of his prepared remarks, here is what he was supposed to say:

Now, we’re not doing this to punish these firms or begrudge success that’s fairly earned. We don’t want to stop them from fulfilling their responsibility to help grow our economy.

By the way, the radio host is Mark Levin, whom I normally find to be highly annoying; mainly because his voice sounds like the equivalent of dragging a cat backwards through a fan. But, I have to say, that I agree with everything that is said here.

Ed Morrissey, whom I have much respect for, points out the glaringly obvious here:

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.

But then again; Marxists usually do. Yesterday, I posted a video by Chris Matthews over at MSNBC basically saying that we should cool it with the Nazi references, when it comes to politics and the Right…and Left. The reason why I say that I agreed with that; is because comparing this President to Adolf Hitler is giving Hitler and this President way too much credit. Nazism was started because Hitler saw the failures of socialism and sought to improve upon it; a plan the ultimately failed thankfully. This President is just a flat out socialist; he is highly against any sort of unfettered Capitalism at all. I mean, do not misunderstand me here; I am all for seeing the people that capitalized on our economy going down the toilet, having to pay the piper. But to get in front of people and make a statement like this, is just inexcusable. This might come as a shock to those on the left; I am for Capitalism, but I am not for the reckless greed, that leads to destruction. There is a big difference.

The Bottom Line: The President needs to stick to the teleprompter. Because every time that he goes off of that teleprompter, he exposes himself and that exposure is starting to look very, very ugly.

Update: Others: RedState, Left Coast Rebel, Whiskey Fire, The TrogloPundit, Beltway Confidential, Cassy Fiano, ProfessorBainbridge.com, Neptunus Lex, Confederate Yankee, YID With LID, Animal Farm, Villainous Company, protein wisdom and Pajamas Media

Keith Olbermann has some words for the G.O.P.

Now I realize that Keith Olbermann can be bit over the top. But, if I were a G.O.P. strategist; I would be watching this —- and taking notes.

Obviously, I do not agree with all of this, because some of it, is mired in Liberal talking points and Meme’s. But some of it is absolutely true; and some of it is just perception — which anyone with a brain knows, is worse than reality itself.

I hope someone — anyone, either at the G.O.P. or somewhere within Conservatism is taking notes.

Visit msnbc.com for breaking news, world news, and news about the economy

From the Dept of 'Now why am I not suprised?' – Press is now turning on Obama

Sorry, I got no pity for ’em:

Reporters say the White House is thin-skinned, controlling, eager to go over their heads and stingy with even basic information. All White Houses try to control the message. But this White House has pledged to be more open than its predecessors, and reporters feel it doesn’t live up to that pledge in several key areas:
— Day-to-day interaction with Obama is almost nonexistent, and he talks to the press corps far less often than Bill Clinton or even George W. Bush did. Clinton took questions nearly every weekday, on average. Obama barely does it once a week.
— The ferocity of pushback is intense. A routine press query can draw a string of vitriolic e-mails. A negative story can draw a profane high-decibel phone call or worse. Some reporters feel like they’ve been frozen out after crossing the White House.
— Except toward a few reporters, press secretary Robert Gibbs can be distant and difficult to reach — even though his job is to be one of the main conduits from president to press. “It’s an odd White House where it’s easier to get the White House chief of staff on the phone than the White House press secretary,” one top reporter said.
— And at the very moment many reporters feel shut out, one paper — The New York Times — enjoys a favoritism from Obama and his staff that makes competitors fume, with gift-wrapped scoops and loads of presidential face time.
“They seem to want to close the book on the highly secretive years of the Bush administration. However, in their relationship with the press, I think they’re doing what they think succeeded in helping Obama get elected,” said The New Yorker’s George Packer.
“I don’t think they need to be nice to reporters, but the White House seems to imagine that releasing information is like a tap that can be turned on and off at their whim,” Packer said.
via Why reporters are down on Obama – POLITICO.com

These idiots knew what they were getting when they elected Obama; so, I have no pity for them. You elect an guy with the ego the size of Texas, you deal with it. Don’t like his style of dealing with the press? You should have thought of that, BEFORE you went into the tank for him. This is what happens when you treat a black Harvard graduate like a novelty and then turn that man into your party’s personal Messiah.

Others: AmSpecBlog, Hot Air, Gawker, The Anchoress, Mediaite, Sister Toldjah, Hugh Hewitt’s TownHall Blog, Pundit & Pundette, Weekly Standard, Townhall.com,

Video: We Will Remember

(H/T HotAir)

Sign the Pledge at We Will Remember.

Stupid: General Motors plays a shell game

Here’s one for the “Stuck on Stupid” file that seems to be getting bigger and bigger by the day.

AP Headline: Gas in the tank: GM repays $8.1B in gov’t loans

Quote:

WASHINGTON – Fallen giant General Motors Co. accelerated toward recovery Wednesday, announcing the repayment of $8.1 billion in U.S. and Canadian government loans five years ahead of schedule.
The Obama administration crowed about the “turnaround” at GM and fellow bailout recipient Chrysler LLC, saying the government’s unpopular rescue of Detroit’s automakers is paying off.
Much of the improvement comes from GM slashing its debt load and workforce as part of its bankruptcy reorganization last year. But the automaker is a long way from regaining its old blue-chip status: It remains more than 70 percent government-owned and is still losing money — $3.4 billion in last year’s fourth quarter alone. And while its car and truck sales are up so far this year, that’s primarily due to lower-profit sales to car rental companies and other fleet buyers.
Chrysler, now run by Italy’s Fiat Group SpA, said Wednesday it lost almost $200 million in the first quarter. But it said it boosted its cash reserves by $1.5 billion, reducing the likelihood that it will need more government aid.
“This turnaround wasn’t an accident of history,” said White House economic adviser Larry Summers. “It was the result of considered and politically difficult decisions made by President Obama to provide GM and Chrysler — and indeed the auto industry — a lifeline, if they could demonstrate the will to reshape their businesses.”
Vice President Joe Biden said President Barack Obama “took a lot of heat” to keep GM alive. “And this has even exceeded our expectations.”

Everything is happy yappy and yippie skippy right?

Wrong.

Jamie Dupree dishes the straight dope on this little shell game: (H/T Q & O)

General Motors will make a big splash in the news today by announcing that the automaker will repay several billion dollars loans from the federal government earlier than expected. But it’s not really coming out of the GM wallet.

The issue came up yesterday at a hearing with the special watchdog on the Wall Street Bailout, Neil Barofsky, who was asked several times about the GM repayment by Sen. Tom Carper (D-DE), who was looking for answers on how much money the feds might make from the controversial Wall Street Bailout.

“It’s good news in that they’re reducing their debt,” Barofsky said of the accelerated GM payments, “but they’re doing it by taking other available TARP money.”
In other words, GM is taking money from the Wall Street Bailout – the TARP money – and using that to pay off their loans ahead of schedule.
“It sounds like it’s kind of like taking money out of one pocket and putting in the other,” said Carper, who got a nod of agreement from Barofsky.
[….]

Most of Uncle Sam’s bailout money that was given to GM has now been turned into stock in the U.S. automaker.
“The assumption is that, over time, hopefully the value of the stock will appreciate,” said Carper.
Long term that could prove to be a money-making investment for the feds – or if things go the wrong way for General Motors – a big, fat loss for Uncle Sam.

As most of you know, my Father is a 31 year veteran of the General Motors company. I find this little idiotic shell game right here to be just plain immoral. I mean, how in the hell are you going to use money from the Government to pay off the Government? That is basically taking money out of one pocket and putting into another. That is not paying off your debt; that is nothing more than a shell game. The reason why this is so upsetting to me is; that it is just going to hurt my Father. Because sooner or later, this company is not going to be able to pay my Dad’s pension.

As the son of a General Motors worker, I want to see G.M. succeed; but I want to see them succeed the right way and honestly. Not by playing a dirty, underhanded shell game, and that my friends is what this is, a dirty shell game to fool the American people and the workers at G.M. into believing that they are on to the road to recovery, when in all honesty, they are not.

The American Taxpayers, The workers and retirees for General Motors; deserve better than this.

Shame on General Motors for their deceptive tactics and shame on the White House and Yes, the President for aiding and abetting in this little scam.

The real cute part is that not a word of this, has been said in the media, as to just HOW this loans are being paid back. That my friends is a damned human tragedy.

Others: Questions and Observations, Mish’s Global Economic …, TigerHawk, Sweetness & Light, JammieWearingFool and The TrogloPundit

Update: Not surprisingly, Ed Morrissey Agrees with me.

Michael Yon jumps the shark?

Seems so. (H/T Ace)

…and the MilBloggers are not happy….

Those talking about are…:

Greyhawk I & II

McChrystal’s crew has declared an information war on me. No complaints here. McChrystal’s attention is welcome. It indicates that my posts have hit steel further underlines that McChrystal is over his head. If McChrystal knew what he was doing, he would not be drawing attention to his staff. Will provide compelling… evidence in due course. Some of the officers on McChrystal’s staff are my biggest helpers.

Moonbat disorder, such a tragic illness. 🙄

UPDATED: Once again, AllahPundit is the voice of sanity on the right

First off, what AllahPundit is griping about is this:

In response to this, AllahPundit politely objects:

“When conflicts break out, one way or another, we get pulled into them.” True enough, and I don’t always “like” that we’re pulled into them. For example, I don’t “like” the fact that we have 30,000 U.S. troops stationed in South Korea as cannon fodder in case the lunatic to the north ever attacks Seoul. But I accept it because I understand it’s an effective deterrent that saves millions of lives. I don’t “like” the fact that we’re forced to take the lead on Iran even though their military capabilities are more of an immediate threat to Europe and the Sunnis, but I accept it because the stick we wield is so much bigger than everyone else’s that we’re most likely to bring them to heel. I don’t “like” the fact that American troops have spent the past seven years dodging — and, sometimes, not dodging — IEDs in Iraq, but I accept it because I think having a democracy in the region will eventually put pressure on local autocrats to liberalize and held deflate jihadism. Disagree with my position on any or all of those if you like, but I don’t see how it’s controversial or demeaning to suggest that the world’s policeman, like any policeman, doesn’t always enjoy his job. In fact, less than six months ago, Pew found for the first time in 45 years that those who believe the U.S. should mind its own business abroad outnumber those who don’t. I think that isolationist impulse is nutty and a de facto invitation to malign powers to expand their influence, but then so does The One — which, I take it, is why he ordered the surge in Afghanistan, is going slow on withdrawal from Iraq, is stepping up drone attacks in Pakistan, and is keeping the troops in Korea and elsewhere in place.
via Hot Air » Blog Archive » Obama’s getting a bad rap on the “superpower” comment.

I give AP credit; he is absolutely right. Sometimes, it just sucks to have to be the leader of the free world. I mean, the United States, not Obama. This is filed under the “Stuck on Stupid” business, that my Blog’s subtitle refers to. Unfortunately, on the far right; there is this effort, a foolhardy one, but none the less, an effort; to castigate President Obama —- No matter what he does. I refer to it as that “Sean Hannity bullcrap.” I mean, I respect Hannity, most of the time. But I cannot stand watching that show; because all his show is about — is bashing Obama, no matter what he does.

I mean, say what you want, but, Obama might be a socialist, Obama might be a wealth redistributor; but, like it or not, Obama does have his rather pointed head on straight when it comes to Foreign Policy and when it comes to Islamic Terrorism. I mean, as AP alluded to in his article, the President could be like Ron Paul. (Shudder!) I am; as I am sure AP is, very grateful that President Obama has his head on straight about the middle east and the danger that Islamic Terrorism poses for this Nation. President Obama might not handle things the way that Bush did; but this does not mean that he does not see and want to deal with the danger.

For this, I am willing to give President Obama a pass in this department. But, only in this department.

Another thing I will say is this; where I see the most Anti-Obama rhetoric, when it comes to terrorism, is from certain protected ethnic classes on the right. (I think you can figure out, what I mean….) This, I believe is fueled by this idiotic notion, that Obama is some sort of secret Muslim. This sort of thing is, in this white man’s opinion, absolutely idiotic. I mean, how ironic is it, that the same class of people, who were subjected to horrific atrocities by a German madman, are now themselves engaging in the same bigoted behavior? Quite, I would say. I will not mention any names, but I think you can guess to which players I allude.

Again, just more of that stuck on stupid, that I refer to…

Thanks to AP for, once again, being “The skinny guy, at fat camp.”

Update: There’s always a smart ass in the crowd. 😉

Movie: Just in case anyone has forgotten

Just remember, Ron Paul believes in negotiating with these bastards. Therefore, he is a terrorist supporter. So are Democrats.

If there was any sort of doubt that Ron Paul is a loon

He has removed it:

Video of the Loon:

VIA TPMDC:

Near the end of the third day of this year’s Southern Republican Leadership Conference, it was time for Rep. Ron Paul (R-TX) to take the stage. Paul, fresh off his victory in the CPAC straw poll, gave a characteristically fired-up speech that took on the views of the Republican party establishment.
“The question has been raised about whether or not our president is a socialist,” Paul said. “I am sure there are some people here who believe it. But in the technical sense, in the economic definition of a what a socialist is, no, he’s not a socialist.”
“He’s a corporatist,” Paul continued. “And unfortunately we have corporatists inside the Republican party and that means you take care of corporations and corporations take over and run the country.”
Paul said examples of President Obama’s “corporatism” were evident in the heath care reform bill he signed into law last month. He said the mandate in the bill put the power over health care in the hands of corporations rather than private citizens. But he said the bill wasn’t the only place where corporatism is creeping into Washington.

Perfect example of Ron Paul’s idiotic tin-foil hat stupidity. Yes, I know also about his straw poll defeat to Mittens. To be be quite, and brutally honest; I cannot stand Mitt Romney. To me, Mitt Romney is the perfect example of the arrogant, rich-boy attitude that permeates some of the G.O.P. — A perfect example is Mitt Romney’s treatment of John McCain during the 2008 election debates. I thought Romney snickering at McCain was childish and unbecoming of someone of Romney’s background. Not to mention Romney’s Mormonism, which is a BIG ISSUE with me. However, seeing Ron Paul’s background. past and present associations; I will happily take a Mitt Romney victory any day of the damned week.

However, because I am realist; allow me to throw a wet blanket on this little victory. Straw polls are one thing, actual winnability and true Conservative victories in actual elections are another. As the 2008 Primaries proved, Mitt Romney just does not have the winnability in a primary. Heck, the only state that actually gave him any sort of percentage was Utah; and we all know why that is the case. Not to mention, does anyone actually remember, Romney-Care? Barack Obama’s biggest talking point is the fact that Obama-care is, in fact, based upon the Romney-care model.

The point is that Mitt Romney is a Liberal Republican, if he did actually win the primary and I highly doubt he ever would; the Republicans and Independent Conservatives would simply stay home and not vote or would cast votes for a third party.

There are some who believe that Sarah Palin is the perfect solution. Well, allow me to throw a wet blanket on that one too. There are many who believe, including myself, that Palin would never make it out of the Primary. I happen to agree with that. While she might be pretty, most people, with any kind of sense and who are not Palin-bots; believe that Sarah Palin just does not have the proper experience to be President. But, dear God, if you say this to one of her fan-boys, you are accused of being a sexist, a woman hater and so on. Which does sound like the liberal left, does it not? Gender-baiting in the G.O.P.? I thought I had seen it all. 🙄

Be that as it may; the mid-terms are going to be an interesting time, and I can assure you, 2012, is going to be even better. I cannot wait.

Not all Conservatives love Karl Rove or the Republican Party

Transcript is found here.