Home Depot Co-Founder Apologizes for Being a ‘Monster’ That Created ‘320,000′ jobs
- Posted on September 17, 2010 at 11:34am by
Jonathon M. Seidl
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Appearing on CNBC this morning, Home Depot co-founder Bernie Marcus went on a rant against the Obama administration for demonizing big business owners and “apologizes” on behalf of job creators who are “monsters” and “disgusting human beings”:
Who should people be angry with?:
H/T: Townhall
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Comments (188)
Randyrocker
Posted on September 17, 2010 at 12:21pmIt seems the longer Obama is in office lying to the American people, the more believable are the statements Larry Sinclair made public about his relationship with Obama. Furthermore, let’s dare to see this President paste his Birth Certificate on his forehead.
Report Post »Lori
Posted on September 17, 2010 at 12:20pmFinally, a CEO growing a pair…of lungs…with which to speak out.
Report Post »sccm52
Posted on September 17, 2010 at 12:14pmThe Unions and government are going after all big companies like Walmart, McDonalds and of course Home Depot! But its ok if Government keeps getting bigger and bigger! Thanks Obama will remember you in 2012!!!
Report Post »Randyrocker
Posted on September 17, 2010 at 12:13pmThe longer Obama remains in office lying to the American people, the more I believe what Larry Sinclair had to say about him. Furthermore, I wouldn’t mind seeing his Birth Certificate pasted on his forehead.
Report Post »dssr1974
Posted on September 17, 2010 at 12:09pmHe forgot that he is a monster for giving me a 10% military discount on my purchase of new flooring material last year. How dare he make it easier for me to remodel my own house?!?!
Report Post »pajamash
Posted on September 17, 2010 at 1:27pmDSSR1974 – Thank you for your service to our country!!!!! : ) YOU ROCK!!!!
Report Post »SGTTAZ67
Posted on September 17, 2010 at 2:33pmHis rant here, and the 10% military discoutn ar ewhy i shop there.
Report Post »seayalater73
Posted on September 17, 2010 at 12:09pmAdd your comments
Report Post »ThelittleRedheN
Posted on September 17, 2010 at 12:07pmIt’s too bad more Americans do not understand! Hope they all wake up soon.
Report Post »rudianger2
Posted on September 17, 2010 at 12:07pmThis guy is on my short list of heros…it is about time a major CEO came out and stood up the junk being thrown their way. It’s nice to have the “grown-up’s” speaking out!!!!!!!!!!!!!!!!!!!!!
Report Post »LawsOfNature
Posted on September 17, 2010 at 12:07pmI like the fact that Mr. Marcus did this on CNBC, which–through many of its hosts and commentators–is carrying the Administration’s water. Look at the “forum” CNBC is holding on Monday at Noon as an example. It’s just another campaign rally…
Report Post »Beckofile
Posted on September 17, 2010 at 12:22pmYep but Fox news has a forum called something like “taxed to death” and the guest will be Art Laffer. Please refrain from hanging out with the pesky little propoganda peacock at NBC.
Report Post »LawsOfNature
Posted on September 17, 2010 at 12:47pm@Beckofile:
Your comparison is not analogous.
Report Post »seayalater73
Posted on September 17, 2010 at 12:06pm320,000 people should have stayed on welfare paid by taxing the pants off of this guy… that is the sum of the counter-argument your going to get from the trolls.
Report Post »CatB
Posted on September 17, 2010 at 12:03pmNice to see someone in business standing up to this tyranny that is the Obama.
Report Post »revolutionrosie
Posted on September 17, 2010 at 12:01pmAwesome, Home Depot!…Now drop your support of the gay marriage agenda via sponsorship of gay rights parades & I’ll start shopping there again.
Report Post »AZfreeman
Posted on September 17, 2010 at 1:57pmThis reminds me a little of the great Rick Santelli rant of Feb 2009. Most folks credit Rick‘s speech on the floor of the exchange as the straw that broke the camels’ back and the start of the Great New American Tea Party revolution. That video is fun to watch again… just Google, Rick Santelli rant.
Very pithy RR. I was unaware of that policy at HD. If true, I‘m sure it’s been a more recent decision by the board of directors rather than a decision by the original co-founders. It’s strange how, as a business grows, they always try to placate the left and have little concern for the customers and shareholders they may lose on the right with their political business decisions. Those of us on the right are expected to accept anything, while the left demands outrageous concessions. Maybe that will start to change when they see how many of us there really are on Nov 2nd. Should I consider selling my HD stock? I too have decisions to make. I love this new Blaze site. I’ve made it the homepage on my browser. Great stories that you won’t find anywhere else. …rf
Report Post »GBGB
Posted on September 17, 2010 at 3:16pmRosie, that’s exactly what I was going to say. Drop the gay support and I MIGHT come back there to shop.
Report Post »Contrarianthinker
Posted on September 17, 2010 at 3:33pmRosie; the AFA has declared a boycott on HomeDepot over its funding of pro homsexual marraige organizations. They refuse to be neutral on the issue. I suggest that everyone here alos BOYCOTT but also send a message. This guy is the entrepreneur. I belive he is NOT part of active management.
Report Post »GBGB
Posted on September 17, 2010 at 3:50pmContrar…yes, you make a valid point. This guy is to be commended for his entrepreneurship and his courage to speak out. Agreed.
Still, I will continue to boycott HD because of whoever in their chain of command that DID make the decision to get behind the gay community rather than holding true to family and moral values.
Report Post »rcountry
Posted on September 17, 2010 at 8:27pmThis is true, we closed our accounts with them and shop at PC-neutral Lowes. However ironically, in ‘06 Ford was under boycott for this reason and lost up to 15% in sales, having to trim down it’s workforce and streamline the biz when they finally said enuf! and promised to go neutral. I credit that boycott for making them the leaner company that it was when this recession hit, and for not needing the taxpayer buyout. I think in the long run that when HD finally goes neutral and also quits providing IA services, they too will be a better company for it.
Report Post »Contrarianthinker
Posted on September 17, 2010 at 11:59amI hope ofter successful entrepreneurs speak up so forcefully. We need boldness if we expect to restore the Constitutional Republic.
Report Post »COjohngalt
Posted on September 17, 2010 at 11:58amWe need more business leaders preaching like this. Thank you Mr. Marcus and lets hope there are more leaders like him to bring this to light.
“You cannot legislate the poor into freedom by legislating the wealthy out of freedom. What one person receives without working for, another person must work for without receiving. The government cannot give to anybody anything that that the government does not first take from somebody else…”
Report Post »-Adrian Rogers, pastor
ssgscott
Posted on September 17, 2010 at 11:54amCongratulations to Bernie. I wish more people in the business world would speak up as he did and I wish more of our media would give them the opportunities to do so. Unfortunately, most media types are utterly superficial twits who think profit is evil. Yet, speaking as a old editor, I never met a journalist who would turn down a raise, or free drinks.
Report Post »Beckofile
Posted on September 17, 2010 at 12:05pmIt would be nice to hear them speak up. Do you think maybe Jeffrey Emmelt of GE would get onboard? It is called fascism when business is in bed with government. That‘s why they don’t speak up!
Report Post »TAXLORDCOMETH
Posted on September 17, 2010 at 11:52amAbsolutely brilliant!
Report Post »NJONY
Posted on September 17, 2010 at 11:51amYou speak the truth and I am thankful for it.
Report Post »Marylou7
Posted on September 17, 2010 at 11:50amYeah!!!!!!!! Finally someone speaks up.
Report Post »Alexandra1214
Posted on September 17, 2010 at 11:49amPERFECTLY CORRECT …. I have NEVER gotten a job from a Poor Person …. have you??
Report Post »JBaer
Posted on September 17, 2010 at 12:02pmNot I!
Report Post »64wildcat
Posted on September 17, 2010 at 12:34pmDepends on th e definition of Poor…I mowed a persons yard one time who was way less fortunate than me but I did get paid…but I was only about 10 at the time.
Report Post »plunderpower
Posted on September 17, 2010 at 2:00pmLook at what it takes to hire someone. Look at the laws and regulations. The schools launch their products into the workplace and never bothered to prepare them with decent ethics. The labor force in some places isn’t worth the effort. I had a small shop that started in the local Swap Meet and grew. I did everything myself. I would have loved being able to hire someone to help…but it was a brick wall. I worked at it until I retired, and closed the doors.
Report Post »amusetec
Posted on September 17, 2010 at 6:59pmYes I have. I worked for a guy that was starting a business took home less then we did owned a old broken down car, had debt up to his eyeballs, owed more than he had in assests.
Report Post »So by definetion he was poor at the time.
but he had 30 people working for him paying there salary.
The very last person to get paid is the owner of the company.
my dad had 5 employees and by the time he paid there saleries and bills he took home 300 dollars a week. If it was not for my mother making a good income the 3 of us would have been living in a 2 bedroom apt.
I know of a lot of people out there that are starting small business that actualy make less than there empoyees but they are building a business that one day will make them wealthy.
If you have never started a business you do not know what these people go thru to build something up and put everything on the line. so when they make it and are worth a lot of money they deserve it becuse they work there A$$ off to build a business.
SO IF YOU NEVER STARTED A BUSINESS AND KNOW WHAT IT TAKES TO BUILD WEALTH THEN SHUT THE HELL UP!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Weetsie
Posted on September 17, 2010 at 11:45amHe left the idiots at cnbc speachless… PRICELESS!
Report Post »sabichan
Posted on September 17, 2010 at 11:43amRich people have taken ordinary people and created more Millionaires than Social Welfare ever will. I think that’s all that really needs to be said.
Report Post »plunderpower
Posted on September 17, 2010 at 1:35pmThere are people working at WalMart who are cashiers and stockers that bought stock in the company years ago. They are now worth Hundreds of Thousands of dollars each, and they still work.
Report Post »broker0101
Posted on September 17, 2010 at 11:43amHe also proposed a brilliant new Reality Show idea, “Timothy (Geitner) Does Small Business”: Have Little Timmy attempt to run a restaurant and, at the end of the season, award him ten times the profit it generates. Mr. Marcus predicted that the restaurant would be out of business and foreclosed upon with a month.
Report Post »NFYRx
Posted on September 17, 2010 at 11:41amRIGHT ON! How many people are on Obama’s payroll? (not the taxpayer’s). He has done nothing productive for society in his entire career. He has created NOTHING OF VALUE for humanity.
Report Post »AMERICA4EVER
Posted on September 17, 2010 at 12:09pmYou are describing most politicians.
Report Post »Beckofile
Posted on September 17, 2010 at 12:14pmHe organized ACORN and unions to take away your liberty. You could put a win in his column for this but it means you have to put a check in the box labeled, Screw America
Report Post »Conservativeman
Posted on September 17, 2010 at 1:37pmI hadn’t thought about ACORN creating jobs but I guess they do. But they produce only services with government money and some donations so it is a washout. Communist News By Communists aka CNBC probably had an audience of 200 viewers. Good thing that the video was picked up by Townhall or it would have been lost.
Report Post »BloodSweatandTears
Posted on September 18, 2010 at 10:33pmIt makes as much sense as his being awarded the Nobel Peace prize. It all seems so surreal…
Report Post »LawsOfNature
Posted on September 17, 2010 at 11:41amBravo to Bernie Marcus! Nothing like adding some sarcasm when making a point.
Report Post »JBaer
Posted on September 17, 2010 at 12:04pmAmen to that!
Report Post »alienguns
Posted on September 17, 2010 at 12:55pmI love this guy……….300000 real jobs created and I‘ll bet he didn’t spend 850 billion like Obama did to SAVE a few GOVERNMENT jobs……Obama couldn’t run a lemonade stand…I wish all business men would speak out like Bernie did. maybe some people on the left would finally get it.
Report Post »beekeeper
Posted on September 17, 2010 at 1:13pmALIENGUNS – Were the Obama Administration to take over a lemonade stand (not that they would want to), the first thing they would do would be to pump an inordinate amount of money into the construction of a permanent stand, secure adequate office space for the administrators, hire someone to track negative publicity of the lemonade stand, and then insist on shutting down all competing lemonade stands in the area on failure to meet Health Codes, ADA requirements, or for failing to implement sufficient diversity in their workforce.
Now, having cornered the market, they would neccessarily have to jack the prices on the lemonade up significantly ($20/cup), but they have a plan for that – called “Cash for Empties” where they will allow you to turn in an empty beverage container for a $19.50 credit towards a lemonade drink, but they will only do this for a short while, until the end of the present quarter, when they can applaud themselves for “rescuing” the stand and saving or creating aprox. 27 jobs (including the counter help, the maint. crews, the workers that built the building, the folks that file the “Cash for Empties” program documentation, and of course, the folks in the main office that oversee the operation), all of which earn the oft-mentioned “living wage,” an amount that allows the worker to meet all their basic needs (including housing, food, and medical care for a family of four).
At the end of the quarter, after the press release hearlding the saved or created jobs, all you will be left with is a small office building, an over-built lemonade stand, and no real way to sell lemonade any more since the price is $20/cup without the “Cash for Empties” program… But that just leaves the door open for the next emergency stimulus plan, building on the unprecedented succes of the first “Cash for Empties” program.
Report Post »BoilitDown
Posted on September 17, 2010 at 1:40pmTo Beekeeper: That was brilliant! Kudos.
Report Post »analyzer
Posted on September 17, 2010 at 1:47pmIn response to beekeeper: beautiful
Report Post »blazerfocus
Posted on September 17, 2010 at 2:03pmNice job Beekeeper…nice grasp of the tenor of this present administration.
Report Post »plunderpower
Posted on September 17, 2010 at 2:09pmHave any of you noticed that the Obama critters are changing their names and posting with their little good socialist thought for the day? Makes me want to nail their preachy little butts. The entire site is crawling with them. They all want to post the equivalent of a protest sign, make you think about the world view, and poke everything decent about this great nation we are all blessed to live in. They hide under their rocks, and crawl out to chirp a little, and crawl back under again. I have one thing to say to them: See where believing a bunch of lies got you? I post this here, in this spot, because you guys see the light of day. Keep on, keeping on.
Report Post »ME
Posted on September 17, 2010 at 4:36pmLove the balls on this one. How much you want to bet he just lost out on the to big to fail free ride?
Report Post »beekeeper
Posted on September 17, 2010 at 5:07pmThanks! I thought about adding hyperlinks on each point to show that I wasn’t making it up, but I figured most here know the background info already…
I saw a post by ABC’s Jake Tapper where he re-iterated POTUS’s question “why is the election so close in CT?” – I hit 13 points before my thumbs got knumb from entering it from my phone…
Here’s a copy:
“So why isn’t the race in Connecticut –- a state that hasn’t elected a Republican senator since 1982 — a no-brainer?”
Let me help POTUS:
1) Chris Dodd was identified as a hack who refinanced with Countrywide as Fannie & Freddie went into unsupervised meltdown, to the tune of $400BN
2) AG Blumenthal tried to claw back AIG “bonuses” which were in fact simply ballon payments for crucial employees that stuck with AIG at the Gov’t request to keep it from bringing down the financial system.
3) the Democrats “they suck worse” campaign strategy is weak.
4) The very fact that you (the Democrats) feel entitled to every elected office in CT is, to many, offensive.
5) Democrats have controlled the purse strings, been responsible for gov’t oversight, and were given super-majorities in both houses two years ago (which have weakened slightly over time), AND STILL your party insists on playing the victim.
6) You’ve spent phenomenal amounts of newly-acquired Chinese debt (Trillions) trying to ‘right the economy’, and all you have to show for these expenditures are some hollow-sounding reminders that “it could have been worse,” many Americans find that hard to believe, even though you could be right.
7) People resent being told “trust me, I know better than you, and I don’t have time to explain it to you (and you likely wouldn’t understand it if I tried)”
8) You put academics who have never been on the private sector payroll, let alone ever been responsible for making a payroll in charge of our economy, GM, and some people find that insulting and or arrogant.
9) You have a drawer full of lobbyist waivers for cabinet-level appointments, some dated the day after you signed what many to be a pledge to kick lobbyists out of the Gov’t.
10) Whitehouse staffers find complying with your self-imposed transparency regulations, so they use private email accounts to arrange off-the-record meetings with lobbyists at a near-by coffee house – this even appalled the New York Times!
11) You attack Republicans at every opportunity, and frankly, it’s starting to turn-off moderate Democrats, who find the insults to not be very “Presidential.”
12) You’ve rammed Stimulus bills, Healthcare Reform, Financial Reform, all thousands of pages long, none of them understood by even their “authors” or “sponsors” – I can think of no other administration that has proudly said (as Speaker Pelosi did) that the politicians need to pass the bill so that we the people can know what’s in it.
13) Your attempts to deny reality by expanding the scope and coverage of nearly every health insurance plan in America and insist that it shouldn’t increase costs to the consumer have fallen flat. Your vilification of the healthcare industry will blow-up in your face when insurance companies go on the attack, defending rate increases with indisputable facts.
I could go on, but that should be enough to get you started on your journey to understanding why CT may be having a hard time trusting the Democratic machine in CT this fall.
Report Post »poverty.sucks
Posted on September 17, 2010 at 11:41amThere’s no way of success in world of hatred
Report Post »msnbciscomedy
Posted on September 17, 2010 at 11:52amHe isnt a monster for creating jobs……He is a monster because he has more stuff than me…..THAT BASTARD!!!! Get him! Its HIS fault that I dont have any money. Nevermind the fact that I have been lazy, with absolutely no initiative my whole life. I bet he is lazy too. I bet he just woke up one day and owned hundreds of stores. Thats not fair!!!!! I want summa his pie!
Report Post »poverty.sucks
Posted on September 17, 2010 at 11:58amHow can we succeed when suppressed by Marxist theory
Report Post »Beckofile
Posted on September 17, 2010 at 12:02pmWow…How can you not see the truth in this guy? I think we can put tenure to an end on 11/2. Remember its just a start because this election is only about the teaching assistants. We need to flush the professors and administrators in 2012.
Report Post »mrdbcooper
Posted on September 17, 2010 at 12:31pmhey dinglebags, who signs your check? you troll
Report Post »Reddawn
Posted on September 17, 2010 at 12:42pmI would love to see this guy run for office.
Report Post »forthepeople
Posted on September 17, 2010 at 1:07pmHe would make a great politician, but that would be a step down for Mr. Sinclair and other smart hardworking Americans . In today’s world being born a certain color ( and lately breaking into / over border ) makes you eligible for a free ride and life time of little work … the ‘ politically correct lottery ’. Insanity times 10 x10.
Report Post »plunderpower
Posted on September 17, 2010 at 1:31pmQuit preaching to the choir. You do that because you know it’s safe here. Go some place else and preach it. I’m tired of the chicken do-gooders that say their quick little jab in the rib and gloat over themselves for being so wonderful. Go preach it in Iran. Go preach it to the Drug Cartels. Make it count for once in your life. Here’s the truth of it: There’s no way to success in a world of hate when people like poverty.sucks hide safely in their own little world.
Report Post »Contrarianthinker
Posted on September 17, 2010 at 3:37pmPLUNDER: Have you been on progrssive blogs? If you speak with reason and facts but its against the progressive ideas, you are personally attacked and soon expelled.
I don’t like that all too many Const itutionalists always use personal attacks. When that happens, I think they may be trolls as Christian Patriots don’t do that..
Report Post »maggot
Posted on September 18, 2010 at 8:41amIt’s about time Capitalists give the Obama the finger…..
Report Post »J2
Posted on September 18, 2010 at 9:47amThrow all the Millions of $ at Poverty & you still got Poverty ….A non-specific Deity once said the Poor will always be with us…so help them up , but don’t set them up with a blank check for evermore cause that ….SUCKS !
Report Post »democratgirl
Posted on September 18, 2010 at 11:26amPOVERTY.SUCKS:
Yes it does, BUT Jesus Himself said, “you will always have the poor with you’. We can never abolish poverty. It just will not happen. If you think it will, you are spinning your wheels and wasting precious time. Each of us has a duty to help those we can, but beyond that, we need to do other things. If every single person found just 1 family to help, yes, we could make a dent, but remember the most important thing of all: AS LONG AS THE DEVIL RULES THIS WORLD UNTIL THE END OF TIME WHEN GOD PUTS HIM IN HIS PLACE, THERE WILL ALWAYS BE SUFFERING AND POVERTY. It is evil men, who are led by Satan, that cause injustices, evil, poverty, etc. So, that tells me one thing: GET RIGHT WITH GOD AND THE BATTLE WILL BE WON FOR YOURSELF. GOD WILL GUIDE YOUR EVERY STEP. Ask HIM for help. God gives us FREE WILL so He will not force you to serve Him, nor will He make you come to Him. That is your choice. WHOM WILL YOU SERVE? There is absolutely NO IN-BETWEEN. You cannot serve the devil and God at the same time. It is absolutely impossible. If you serve evil, then you do not belong to God. So, I say to you, get on your knees, ask Him for forgiveness and allow Him to rule your life. THEN, YOU WILL BE SUCCESSFUL IN EVERYTHING YOU DO, PROVIDED YOU CONTINUE TO SERVE HIM. I am living proof (poverty to success).
Midwest Belle
Posted on September 18, 2010 at 10:42pmPoverty-sucks… yeah it does and believe me, there are people around the world wish they had OUR level of poverty in THEIR country. Let me explain:
(from the heritage foundation.)
For most Americans, the word “poverty” suggests destitution: an inability to provide a family with nutritious food, clothing, and reasonable shelter. But only a small number of the 35 million persons classified as “poor” by the Census Bureau fit that description.
Most of America’s “poor” live in material conditions that would be judged as comfortable or welloff just a few generations ago.
Fortysix percent of all poor households actually own their own homes.
Seventysix percent of poor households have air conditioning. By contrast, 30 years ago, only 36 percent of the entire U.S. population enjoyed air conditioning.
Only 6 percent of poor households are overcrowded. More than twothirds have more than two rooms per person.
The average poor American has more living space than the average individual living in Paris, London, Vienna, Athens, and other cities throughout Europe.
Nearly threequarters of poor households own a car; 30 percent own two or more cars.
Ninetyseven percent of poor households have a color television; over half own two or more color televisions.
Seventyeight percent have a VCR or DVD player; 62 percent have cable or satellite TV reception.
Seventythree percent own microwave ovens, more than half have a stereo, and a third have an automatic dishwasher.
There are two main reasons that American children are poor: Their parents don’t work much, and fathers are absent from the home.
While work and marriage are steady ladders out of poverty, the welfare system perversely remains hostile to both. Major programs such as food stamps, public housing, and Medicaid continue to reward idleness and penalize marriage. If welfare could be turned around to encourage work and marriage, remaining poverty would drop quickly.
Report Post »grandmaof5
Posted on September 18, 2010 at 11:35pmAs a small business owner i.e. money-grubbing capitalist, struggling to keep our heads above water, I applaud Bernie Marcus for his stand! That burger Obama loves – restaurant owned by a money-grubber, beef raised by money-grubbing ranchers, those clothes Michelle wears – sold by money-grubbing retailers, designed by money-grubbing designers, and on and on. I assume a money-grubbing pest control company took care of the rats (altho I thought they were supposed to get lawyers before they were condemned to death). Nov 2010 and 2012 can’t come fast enough!
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