Too bad he never studied economics

gallantwarrior

Gold Member
Jul 25, 2011
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On my own 200 acres of the Frozen North
But then, Obama was never meant to be anything other than a string puppet for the Maxists hell-bent on destroying this country. I wonder whether he would re-consider some of his deeply inculcated ideology if he had the intelligence to read, and understand the following passage?

Jean-Baptiste Say (1767-1832):

“The healthy state of industry and wealthy is the state of absolute liberty, in which each interest is left to take care of itself.” “In times of political confusion and under arbitrary government, many will prefer to keep their capital inactive, concealed and unproductive, either of profit or gratification, rather than run the risk of its display. This latter evil is never felt under good government. The interference of authority is not the road to affluence, which results from activity of production, seconded by the spirit of frugality and of frugality tending to accumulation of capital.” “Capital naturally flows to those places that hold out security and lucrative employment, and gradually retires from countries offering no such advantages.” “If it be desired that capital in search of employment, and industry in search of capital, should both be satisfied in the fullest manner, entire liberty of dealing must be allowed in all matters touching loans at interest.” “Wealth is by nature fugitive and independent; incapable of all restraint, it is sure to vanish from the fetters that are contrived to confine it, and to expand and flourish under the influence of liberty.” “Political economy recognizes the right of property solely as the most powerful of all encouragements to the multiplication of wealth. . . . The legal inviolability of property is obviously a mere mockery where the sovereign power is unable to make the laws respected, where it either practices robbery itself or is impotent to repress it in others; or where possession is rendered perpetually insecure, by the intricacy of the legislative enactments and the subtleties of technical nicety.” “The temporary dread of taxation, arbitrary exaction, or violence will deter numbers from exposing their persons or their property. Undertakings, however promising and well-planned, become too hazardous; new ones are altogether discouraged; old ones feel a diminution of profit.” “Whatever renders the condition of the producer, the essential party in every society, more painful, tends to destroy the vital principle of the social body; to reduce a civilized people to a savage state; to introduce a state of things in which less is produced and less is consumed; to destroy civilization.”
 
Obama---Bush, it doesn't matter their both puppets for the elite who proper on the backs of hard working Americans.

Throw them all out! :eusa_pray:
 
Obama---Bush, it doesn't matter their both puppets for the elite who proper on the backs of hard working Americans.

Throw them all out! :eusa_pray:

YOU frigging numbskull!

HAve you totally forgotten there was over $8 trillion TRILLION mind you lost due to oh I don't know..
1) Dot.com started in Clinton and ended in recession in 2001!
2) OH wait didn't 9/11 occur sometime in 2001???
3) Worst hurricanes in history occurred..

AND YOU frigging idiots forget those events cost an average of $200 billion a year in LOST TAX REVENUE starting in 2002!

AND IN spite of enemies like you that constantly encouraged the thug barbarians to kill our troops in a war that was SANCTIONED by Clinton, THE UN and twice by Congress you you traitors caused the thugs to be encouraged! To recruit other terrorists to murder or troops!

IDIOTS and TRAITORs like you encourage the thugs when you loudly and piously declaimed like these TRAITORS did...
AND YOU YOU TRAITOR un unamerican agree with these encouraging traitorous statements:
Durbin (D) "must have been done by Nazis, Soviets --action of Americans in the treatment of their prisoners.
Senate Majority Leader Harry Reid(D) "War is lost",
U.S. Rep. Murtha(D) "Our troops killed innocent civilians in cold blood,”
Senator Kerry(D) "American soldiers going into the homes of Iraqis in the
dead of night, terrorizing kids and children."
Senator Obama(D) .."troops are air-raiding villages and killing civilians,"

YOU TRAITOR and IGNORAMOUS have NO understanding of the magnitude of the $8 trillion in losses caused by events out of ANYONE's controls.. BUT the $600 billion in additional costs for Iraq???
ALL AT YOUR FEET AND THE ABOVE TRAITORS FOR YOUR ENCOURAGEMENT OF THE THUGS!
YOU AND THE ABOVE UNAMERICANS ARE WORST THEN THE TERRORISTS BECAUSE YOU CLAIM TO BE "AMERICANS" BUT HAD NO PROBLEM IN CALLING OUR TROOPS "TERRORISTS", "KILLERS", NAZIS?

I AM SICKENED BY YOU AND YOUR SLIMY NO GOOD ILK!
 
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The OP laments that Obama never studied economics, which may or may not be true, and then quotes, not a real, credible economist, but Jean-Baptiste Say.

The irony is thick.
 
No, was a community organizer, that's no secret. And now we're seeing how it is to have a president who has no idea about the real world.
 
No, was a community organizer, that's no secret. And now we're seeing how it is to have a president who has no idea about the real world.

But HE told us in his book!!!

From Obama's "Dreams from My Father."
"It was usually an effective tactic, another one of those tricks I had learned.
People were satisfied so long as you were courteous and smiled and made no sudden moves.
They were more than satisfied. They were revealed. Such a pleasant surprise to find a well-mannered young black man who didn't seem angry all the time."

He was TRAINED to fool people.. trick people!

BUT boy was he "ANGRY"!
Dinesh D'Souza writes:
"It may seem incredible to suggest that the anticolonial ideology of Barack Obama Sr. is espoused by his son, the President of the United States.
From a very young age and through his formative years,
Obama learned to see America as a force for global domination and destruction.
He came to view America's military as an instrument of neocolonial occupation.
He adopted his father's position that capitalism and free markets are code words for economic plunder.
Obama grew to perceive the rich as an oppressive class, a kind of neocolonial power within America.
In his worldview, profits are a measure of how effectively you have ripped off the rest of society, and America's power in the world is a measure of how selfishly it consumes the globe's resources and how ruthlessly it bullies and dominates the rest of the planet."

And remember .. his grandmother was a banker! She financed her daughter's jaunts .. BUT not with out lectures I'm sure and Obama's Mom would be the very childish immature woman she was.. would take it out on Obama! He probably heard his Mom secretly berate HER mom because she had to listen to her mom's lectures.. as her Mom wrote support checks!

SO is it any wonder from his Dad's side hatred for British capitalism.. his Mom total disgust with herself taking money from her banker Mom and resentment..oh such resentment all heaped on Obama!

AND folks.. WE ARE PAYING FOR IT!!! "Dreams of My Father"!!!
 

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