What Is President Obama’s Definition Of Capitalism?
- Posted on September 15, 2011 at 8:47am by
Mike Opelka
- Print »
- Email »
How does President Obama define Capitalism? Jim Cramer of CNBC’s “Mad Money” answered that question during a very early segment on Thursday’s edition of ”Morning Joe.” His answer? It has something to do with labor and an anti-rich mentality:
Cramer is a self-made multi-millionaire who also says that he has started five businesses and never once thought of expanding because he could “get a little break on payroll tax.”
Cramer was also quite clear on how he feels about the President’s proposed American Jobs Act:
(Note: the still frame photo is the same, but the clip is very different.)
Later in the program Mr. Cramer did support some of the President’s plan to spend money on roads and bridges, because of what those programs will do in support of manufacturers of heavy equipment and steel makers.
Popular Stories
Paper Details Obama Admin’s Alleged Secret Note Sent to Iran: If Israel Attacks, We Won’t Get Involved 564 Comments
‘Made Up Religion’: TV Historian Enrages Muslims, Receives Threats After Producing UK Documentary Questioning Islam’s Beginnings 390 Comments
This Is the Creationists‘ Response to Scientist Bill Nye’s Viral Pro-Evolution Video Claiming They Harm Children 381 Comments
Roseanne Barr: Most Billionaires ‘Violent Pedophiles’ & ‘Heartless’ Cocaine Addicts 365 Comments
President Obama Issues Major ‘Green Energy’ Executive Order 319 Comments
Faith
- This Is the Creationists‘ Response to Scientist Bill Nye’s Viral Pro-Evolution Video Claiming They Harm Children 381 Comments
Pakistani Muslim Cleric Accused of Framing Disabled Christian Girl in Koran-Burning Case Read More- ‘Made Up Religion’: TV Historian Enrages Muslims, Receives Threats After Producing UK Documentary Questioning Islam’s Beginnings 390 Comments
Meet the Controversial German Imam Accused of Brutally Beating His Wife & Pushing Sharia Law Read More
‘Self-Proclaimed Messiah’ & Unification Church Leader the Rev. Sun Myung Moon Has Died — Here’s His Life Story Read More
Business
- President Obama Issues Major ‘Green Energy’ Executive Order 319 Comments
- Germany’s Upcoming Court Ruling Will be Huge for the EU Read More
Ford Looks to Beat Toyota for Best-Selling Car in 2012 With This Model 150 Comments
Bernanke & QE3: Here’s What You Need to Know Read More- ‘Extortion’: Why Did the Labor Department ‘Drop the Hammer’ on Oregon Farmers? 302 Comments
Technology
- This Is the Creationists‘ Response to Scientist Bill Nye’s Viral Pro-Evolution Video Claiming They Harm Children 381 Comments
‘TaserDrone’: Hackers Weaponize Quadcopter With Actual ‘Shocking’ Technology Read More
Ever Heard of the Wild ‘Burning Man’ Festival in the Middle of the Nev. Desert? Here’s Your Primer Read More
Stanford Develops Technology ‘Better Than Steroids’ for Athlete Recovery Read More
Have You Pretended to Know What ‘the Cloud’ Is? You’re Not Alone Read More
Submitting your tip... please wait!
Comments (90)
Detroit paperboy
Posted on September 15, 2011 at 9:43amCAPITALISM can no longer afford SOCIALISM .period
Report Post »CitizenVetUSA
Posted on September 15, 2011 at 12:25pmDoes that include the USPS as well?
Report Post »Barry Paranoid
Posted on September 15, 2011 at 9:34amDo you think I’m coming un-hinged? Follow my tweets for my paranoid updates. http://www.twitter.com/BarryParanoid
Report Post »Bluebonnet
Posted on September 15, 2011 at 5:41pmHe’s been unhinged from day one. God help us if he can get enough uneducated people to back his failed plans again. 3 years and nothing from him but worse economy, NO JOBS, constant vacations and campaigning for the last 3 years. Now, he’s begging for LOVE????? How could you love him? I don’t even like him because of his arrogance and attitude and lack of knowledge of running a Country like America. Simply put, he’s inept. He’s in training to be a dictator, hope it’s not in America.
Report Post »simplygilly
Posted on September 15, 2011 at 9:33amWhile upgrading infrastructure is a commendable endeavor, it is merely a band-aid on the festering sores of a dismal employment and economy. When the construction is done and the taxpayer money runs out, the band-aide falls off and the sores remain. There is NO sustained employment… NO economic return to taxpayers for their investment… NO continued tax revenue. But then, that will be the next president’s problem, won’t it? Thanks for nothing, Obama.
Report Post »LinkedIn G
Posted on September 15, 2011 at 11:42amI guess those shovel ready jobs weren’t so shovel ready heh heh heh part deux. Fool me once shame on you. Fool me twice … NOT GONNA HAPPEN
Report Post »riseandshine
Posted on September 15, 2011 at 9:30amObama’s view of capitalism….SEE> KARL MARX
Report Post »BeingThere
Posted on September 15, 2011 at 9:27amAccording to Obama, THIS is capitalism :-)
Report Post »riseandshine
Posted on September 15, 2011 at 11:57amGood point
Report Post »EqualJustice
Posted on September 15, 2011 at 9:25amIt seems all the EVIL Rich around him have profitted quite well from our CAPITALIST SYSTEM! Imagine living IN Cuba and paying $38,000.00 a plate for a dinner with Obama?? ahhahahaha
Report Post »loriann12
Posted on September 15, 2011 at 9:42amWell, you’ve heard the difference between a rich conservative and a rich liberal? The rich conservative isn’t against sharing with/helping other people so they can climb that ladder to success. Liberal rich people want to kick the ladder out once they get to the top so no one else can climb it.
Report Post »MONICNE
Posted on September 15, 2011 at 10:00amThanks Lorianne12, Interesting quote, who said it?
In America, we all have the chance to be Job Creators – It’s just Gummint that keeps us from doing so.
TEA
Report Post »rangerp
Posted on September 15, 2011 at 2:29pmloriann12
Report Post »Kind of cool that you have a fan club. I believe MONCINE is the number one fan. Kind of like having a little lap dog follow you around.
FORLORNHOPE
Posted on September 15, 2011 at 9:23amYeah right he is so smart he back obama in 08
Report Post »AnAmerican111
Posted on September 15, 2011 at 9:19amOBUMA obviously hates capitalism! That which made this Country great!
Report Post »T
TRONINTHEMORNING
Posted on September 15, 2011 at 9:18amCramer is a lib so be advised; can’t make myself watch these stooges on MSBNC. Useless.
Report Post »Banter
Posted on September 15, 2011 at 9:16amTo obama:
capitalism = America – of which he is ashamed and must be destroyed
Report Post »Snowleopard {gallery of cat folks}
Posted on September 15, 2011 at 9:15amMr Obama’s way is very simple: YOU make the money, send it to the government in 100% amounts.
Report Post »BobtheMoron
Posted on September 15, 2011 at 9:09amGo to AttackWatch and submit whatever wild ass accusation you can against a democrat.
Report Post »BobtheMoron
Posted on September 15, 2011 at 9:07amGo to AttackWatch and post anything you can. Limericks, news articles abouy animals whatever. Lets load that Liberal wagon for them.
Report Post »Banter
Posted on September 15, 2011 at 9:13amObama’s new site officially confirms ameriKa as the laughing stock of the world. We must rid our nation of this administration in 2012.
Report Post »Bodysnatcher
Posted on September 15, 2011 at 9:04amHe takes your Money and spends it pn his Socail Justiice programs.
Report Post »florida123
Posted on September 15, 2011 at 9:04amObamas ideas about capitalism can be found in the Communist Manifesto! This Stalin loving president needs to go! 2012 cant come fast enough!
Report Post »Rickfromillinois
Posted on September 15, 2011 at 9:03amMika or whatever that dizzy blonde’s name is looked totally confused when they started talking about jobs. I guess the idea that the government is not the best answer to creating new jobs is a difficult concept for her.
Report Post »tobywil2
Posted on September 15, 2011 at 9:02amPresident Obama’s definition of Capitalism? click on http://commonsense21c.com/images/cronyism-2.jpg
Report Post »13th Imam
Posted on September 15, 2011 at 9:00am“Capitalism , is the ISM of “You People Work”, My People Take”. Funny thing is , the Business owners ( Jewish , Christian, Others) that put this pile of excrement in the Whitehouse, were aligned with the very TAKER group that voted 90%+ for the thief in chief.
Report Post »smithclar3nc3
Posted on September 15, 2011 at 8:59amThe new Bridges in San Fransico and New York are being made in CHINA then shipped over here.
Report Post »So Mr. Cramer you are right infrastructure does create Jobs only there in CHINA
MONICNE
Posted on September 15, 2011 at 8:59amWhen is the smokescreen going to come down? Tax “uncertainty” is political fluff –
((Cramer is a self-made multi-millionaire who also says that he has started five businesses and never once thought of expanding because he could “get a little break on payroll tax.” ))
That‘s because real Job Creators don’t wait for “absolute certainty,” they seize the moment and go first to market to defeat the competition.
All these concessions are poitical responses to political set ups.
Report Post »TEA
Gonzo
Posted on September 15, 2011 at 8:57amNice to see they actually allow the adults to talk on MSNBC every so often.
Report Post »Perspective
Posted on September 15, 2011 at 8:57amIf only Obama would listen to this man.
Report Post »GeorgeWashingtonslept here
Posted on September 15, 2011 at 8:57am2012………….tick tock,,,,,,,,,,tick tock,,,,,,,,,,,,,,,,,tick tock!
Report Post »beamansw
Posted on September 15, 2011 at 8:55amIf I had any money, I’d want Jim Cramer to manage it.
Report Post »banjarmon
Posted on September 15, 2011 at 8:53amWhat Is BO’s Definition Of Capitalism? His answer? It has something to do with labor and an anti-rich mentality:
Which means SOCIALISM….
Barracuda 2012!!!!
Report Post »dhuge67
Posted on September 15, 2011 at 9:22amLol exactly
Report Post »