posted May 25, 2012 06:14 AM            

In the wake of the debt-ceiling crisis he helped manufacture last summer, Senate Minority Leader Mitch McConnell

boasted it was "a hostage that's worth ransoming" which "also is a new template" for the future. As it turns out, those threats were among the few true words McConnell has uttered. Because while he's promising once again to blackmail the White House over the debt ceiling, the Kentucky Republican claimed it's because "we'd like to do something about the nation's biggest problem, spending and debt, which of course is the reason for this economic malaise." Of course, as the data show, it's the very austerity policies here and in Europe which are costing jobs and hurting growth.

But Mitch McConnell's myth-making hardly ends there. On the economy, taxes, deficits, health care and so much else, virtually all of McConnell's talking points are tried - and untrue.

(Click link to jump to the details for each below):

• "Obama Made the Economy Worse"
  
• "No Evidence Whatsoever That the Bush
  Tax Cuts Actually Diminished Revenue"
  
• "Punishing Job Creators"
  
• "We Look a Lot Like Greece Already"
  
• Public Sector Layoffs Are a "Local" Problem
  
• 47 Million Uninsured Americans "Don't Go Without Health Care"
  
• The Public Option "May Cost You Your Life"
  
• Democrats Are "Sticking It to Seniors with Cuts to Medicare"

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posted May 26, 2012 09:46 AM            

You get that president the hell out of the White House at the earliest opportunity...like November 6th...for instance.

posted May 26, 2012 01:40 PM            

Oh if that were only true

Would that all presidents were this anti-business: according to the St. Louis Federal Reserve, corporate profits hit $1.37 trillion in the first quarter—an all-time high. Businesses are sitting on about $2 trillion in cash reserves. Business spending jumped 20 percent last quarter, and is up by 13 percent against 2009. The Obama administration has dropped taxes for small businesses and big ones alike. Maybe the president could be anti-me for a while. I could use the money.

The reality is that America’s supposedly anti-business president has led an extremely pro-business recovery. The corporate community has recovered first, and best. The populist tone that conservative magazines and business groups decry is partly in reaction to this: as corporate America’s position is getting better and better, the recovery is looking shakier and shakier. Unemployment is high. Housing looks perilously close to a double dip. Job growth is weak. And corporate America, for all its profits, isn’t hiring. The 71,000 jobs the private sector added in July aren’t sufficient to keep up with population growth, much less cut into the ranks of the unemployed.

quote:

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If you look at unemployment, housing prices, government debt, and the stock market, Rogoff says, “the U.S. is just driving down the tracks of a typical post–WWII deep financial crisis.” In some areas, we’re even a bit ahead of the game: economic output usually drops by 9 percent. We held the drop to 4 percent.

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Obama Outdoes Pro-Business Republicans

quote:

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Don't listen to all the balderdash coming from the Republican Party, especially its shrinking roster of presidential candidates, about how President Obama is anti-business. Or JPMorgan's Jamie Dimon whining that the Obama administration has some kind of animus toward Wall Street.

AIG, Alive Once Again, Is Now Swimming With Sharks

The truth of the matter is that Barack Obama is a pro-business president. He may not be up there with the comatose Herbert Hoover or the regulation-chopping Ronald Reagan, but the anti-business rap on the man is sadly misplaced. This is a man who appreciates business and isn't terribly concerned with consumer or small-investor interests, and he and his team prove that just about every day.

It's not just his big-ticket pro-business moves, such as the auto-industry bailout and the economic stimulus -- ultimately a business-revival program -- that have put Obama way up there in the pantheon of pro-business presidents. We have his appointments, which hardly have been flag-waving Marxists.

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posted May 26, 2012 02:21 PM            

"TheDC Interview: CEA president Gary Shapiro calls Obama admin ‘most anti-business’ in his lifetime"

Shapiro, who is the president and CEO of the Consumers Electronics Association, told The Daily Caller in a recent interview that President Obama is presiding over an administration that is the most hostile to business in his memory.

“You have investigations and breakdowns of companies like Gibson. You have monopoly investigations of great American companies like Google. You have an attack on American business which is unprecedented by this administration at different levels. This is the most anti-business administration in my lifetime,” he said.
http://dailycaller.com/2011/09/21/thedc-interview-cea-president-gary-shapiro-calls-obama-admin-most-anti-business-in-his-lifetime-video/

posted May 31, 2012 11:23 PM            

He still spreads rhetoric like compost. Not on par w. myth McConnell though, who is indeed a bs master.

1)Medicare for all would solve the health insurance issue better than any other possible profit-scheme (the bigger the pool of insured, the lower the costs per insured--the more inclusive the administrative organization, the more efficient, the more controlled the costs, the better the overall care for the most people).

2)Raise the cap on SS contributions and it's solvent forever, period, and seniors will live out their lives in as much dignity as possible.

3)Reverse the Bush tax cuts and 50% of the deficit problem is solved overnight.

4)End the wars and profligate spending on the military and 25% of the deficit problem is gone.

5)Restrain predatory finance and the banking system is no longer a rampaging, pillaging threat to everyone else and business can settle down to business.

And keep Republicans out of office, [for the most part]
out of our bedrooms, out of our (mother,sister,daughter, self) vaginas.
6) Away from the treasury and hiding in gated communities with their guns and their selfish and insatiable greed and the people will indeed innovate and create a new economy that works for the 99% rather than what we have now, where legal bribery has made it possible for the wealthy to steal 90+ % of all gains in productivity for decades.

It's not rocket science. We know what to do.

posted June 01, 2012 07:59 AM            

Steve Wynn
"I believe in Las Vegas. I think its best days are ahead of it. But I'm afraid to do anything in the current political environment in the United States. You watch television and see what's going on on this debt ceiling issue. And what I consider to be a total lack of leadership from the President and nothing's going to get fixed until the President himself steps up and wrangles both parties in Congress. But everybody is so political, so focused on holding their job for the next year that the discussion in Washington is nauseating.

And I'm saying it bluntly, that this administration is the greatest wet blanket to business, and progress and job creation in my lifetime. And I can prove it and I could spend the next 3 hours giving you examples of all of us in this market place that are frightened to death about all the new regulations, our healthcare costs escalate, regulations coming from left and right. A President that seems, that keeps using that word redistribution. Well, my customers and the companies that provide the vitality for the hospitality and restaurant industry, in the United States of America, they are frightened of this administration.And it makes you slow down and not invest your money. Everybody complains about how much money is on the side in America.

You bet and until we change the tempo and the conversation from Washington, it's not going to change. And those of us who have business opportunities and the capital to do it are going to sit in fear of the President. And a lot of people don't want to say that. They'll say, God, don't be attacking Obama. Well, this is Obama's deal and it's Obama that's responsible for this fear in America.