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Are Businesses Hoarding Money to Hurt Obama?

SodaHead Politics 2010/09/28 11:00:00
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MSNBC's lefty host Chris Matthews is floating a conspiracy theory, and it's a doozy: he's wondering if some American businesses would refuse to part with cash so that the economy stays in the doldrums and Obama looks bad when he's up for re-election in 2012.

On his show "Hardball," Matthews spoke with Charles Mahtesian of political website Politico and Eugene Robinson from The Washington Post.

"You know, a great question, Charles, that wasn't on my list to ask but I'm going to ask you because you seem like a sophisticated guy of many parts. You think business can sit on those billions and trillions of dollars for two more years after they screw Obama this time? Are they going to keep sitting on their money so they don't invest and help the economy for two long years to get Mr. Excitement Mitt Romney elected president? Will they do that to the country?"



Read More: http://newsbusters.org/blogs/noel-sheppard/2010/09...

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Top Opinion

  • zbacku 2010/09/28 22:16:57
    No
    zbacku
    +7
    Businesses are trying to stay profitable.
    No profit, no business.
    No business, no jobs.
    No jobs, no tax base.
    No tax base, no government.

    Matthews is a delusional fool. He makes Bozo the clown look like a Harvard gruad. Oops. I take that back. A Harvard Grad couldn't shine Bozo's shoes. .

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  • Splinter76 2011/07/20 15:55:11
    No
    Splinter76
    Someone please tell me again why Fox News gets ripped for being pro-conservative and no one rips MSNBC or this idiot for being... well a nutjob, basically.
  • jkr8 2010/10/03 02:48:47
    No
    jkr8
    They are hoarding money cuz they don't want to release it so obama can spend it. He's like a teenager who got hold of his parents checkbook and is having ferris obamas day off(which he does quite often)
  • marcuss LIBERALS ARE IDIOTS 2010/09/30 15:58:33
    No
    marcuss LIBERALS ARE IDIOTS
    +1
    No they are conserving their assets because of MA0bamas destructive path.
    Im not spending money either along with tens of millions of Americans. We can not support the rest of the world. When a democrat becomes (P)resident the economy falls. Just look at HISTORY to see that fact.
  • Don Leuty 2010/09/30 05:26:35
    No
    Don Leuty
    +2
    What Matthews knows about business and economics would not half fill a thimble. I have yet to see a business spend itself rich. The name of the game is to get a return on your investment.

    Businesses have no idea of how much is available to invest in human resources and how much taxes and increased work loads created by regulation changes are going to effect them.

    The prospect of higher taxation translates into the prospect of higher unemployment. The monies available for wages are diminished. Potential employers will eventually seek to reduce their expenses by investing their money where labor costs and taxes are lower.

    Matthews is one of the reasons that MSNBC is on a downhill slide in ratings. People are beginning to realize that his elitist views and those of his MSNBC cohorts amount to just so much verbal diarrhea.
  • Peon of the Masses 2010/09/30 00:49:54
    No
    Peon of the Masses
    +2
    No. That's nearly the most silly thing I've ever heard. They are doing it to prevent further harm to themselves and to protect the millions of people that depend on their well being to survive. If Obama is hurt by their actions then it means he is their enemy for positioning himself as an antagonist to America's financial security. Besides, what a ridiculous crybaby. Years ago, High Times did an article about the Cry Babies of 60 Minutes. http://www.undergroundcollect...
  • Kimmel 2010/09/29 18:47:00
    No
    Kimmel
    +2
    Matthews is such an idiot! Businesses are trying to survive and are not investing their nest eggs until they know what kind of tax rates they will have to pay. Over expansion of a business will kill it faster than anything. People that actually think a business would hurt it's growth just to damage Obama have obviously never owned or run a business themselves.
  • big bobber 2010/09/29 15:41:51
    No
    big bobber
    +3
    what can you excpect from a commentator on msnbc the most radical leftist network on tv and in obamas pocket and never give both sides of any issue or item in the news......the other people on this show are even worse and more left leaning....bjusinesses are not hoarding money because of obamas anti business agendas they are afriad to spend any because he will take it away and give it to the unions or the entitlement society of his.....or he will nationalize them and take thenm over completely and make them government businesses and we all know their corporate knowledge..they cant handle dog catching...
  • GeorgeAVO 2010/09/29 13:34:04
    No
    GeorgeAVO
    +3
    This narrative has been building lately, these clowns act as though the Government should be able to force business to buy or hire and completely ignore that we have the highest Corp tax rate in the world. That $1 to 2 Trillion in capital sitting idle out of the economy is driving them nuts!
  • Natmike 2010/09/29 13:13:08
    No
    Natmike
    +1
    What a convoluted and ridiculous argument - if businesses had cash and they saw the opportunity to make profits then nothing would hold them back - they are not willing to take the risk of investing right now because the economic climate is too uncertain and bleak - and Obama is reason #1 for the uncertainty - no one knows what taxes will be, what regulations will be imposed, whether business will be singled out for blame and punishment - let me ask you - would you invest your money in this economy with Obama in the White House.
  • tom C 2010/09/29 13:04:33 (edited)
    None of the above
    tom  C
    +4
    Think the question was written backwards....

    Obama is hurting Business so they started hoarding money to survive....
    Obama has put so many unknowns out there that business are scared to invest,
    IE: the cost of healthcare...and holding off on the Tax break vote
    Obama appears to try and make it criminal to be wealthy, by drawing a line between of those who have...and have not.....he forgets who hires the lower and middle class for jobs...the wealthy..
  • Myrle Hulme 2010/09/29 11:42:06
    None of the above
    Myrle Hulme
    +1
    Maybe there is no money
  • Manuel 2010/09/29 11:29:01
    None of the above
    Manuel
    If the Republicans come back in power then we will have the opposite effect...the people will sit on their money.
  • susan 2010/09/29 11:20:36
    No
    susan
    +2
    Businesses are scared of Obama policies and what they are doing to the bottom line. Obama clearly has no clue as to the financial planning and projections that businesses must make if they are to stay in business. The health care reform act, cap and trade, and dozens of other new bills target business revenues, With the Obama administration supporting massive corruption covered up by bailout money in the financial sector, businesses must keep cash back if they have any or be put out of business in the near future.
  • iamnothere 2010/09/29 09:32:43
    No
    iamnothere
    +3
    business if they have the cash flow are hording.. so they will still be in business inspite of O Stink Butt.. suggest anyone who does not agree .. get in their car and take a ride down main street anywhere america.. and look at the thousands of for rent and out of business signs stink butt car ride main street america rent business signs
  • Manuel iamnothere 2010/09/29 11:27:28
    Manuel
    I have seen those signs as far back as the Reagan years. Since the GOP have sent all our jobs over seas....
  • iamnothere Manuel 2010/09/29 11:46:29
    iamnothere
    +1
    wrong.. it was still the Dems in congress
  • Manuel iamnothere 2010/09/29 12:03:33
    Manuel
    Let me see now...the Republicans support the rich = Capitalists that want more money but don't want to pay American wages and benefits-- - - Solution? Send all U.S. jobs over seas to pay dirt wages for products made, then send back to U.S. and sell it for 10 times more then it's worth = rich capitalist pig.
  • iamnothere Manuel 2010/09/29 12:25:40
    iamnothere
    +2
    you are describing the democrats.. you really should look at reality.. sorry that appears beyond your comprehension.. never mind
  • GeorgeAVO iamnothere 2010/09/29 13:40:11
    GeorgeAVO
    +2
    excuse me, Manuel is a Blocker so I'll have to tag along with you.

    HEY Manuel! Explain how having the HIGHEST Corp Tax Rate in the world helps keep jobs and business here in the U.S. You talking point Liberals seem to overlook that when you play that tired old job blame game.
  • marcuss... GeorgeAVO 2010/09/30 16:02:08
    marcuss LIBERALS ARE IDIOTS
    +1
    I posted it in his reply for you.
  • Manuel iamnothere 2010/09/29 15:37:58
    Manuel
    A Fascist nation is a Nation that is run by Capitalists that have become money power pigs. If you look at a Fascist Nation they have only the rich making all the moves. These rich pig people control their countries by keeping their people in a dependent poverty state.
    That is what the Republicans want. Do you really think that all the Tea Party members are super rich? Of course not! They are the blind dependent poverty people that will support the GOP. Once back in power the GOP will put back out their delusional carrot on a string making these people think once again they too will get super rich because the GOP takes out all the programs and needs of the poor . So this fools these people into thinking now their money is being taxed less. But then comes the tax hikes...and all their hard earn money ends up in the GOP pockets. Hey if you take away the Government programs for the poor, then what happens to all that money? Easy...the GOP divide it and pocket it. This is what a Fascist does.
  • big bobber Manuel 2010/09/29 15:45:07
    big bobber
    +2
    you are saying the facist nation are full of wealthy people what the hell planet do you live on>>>>>???????... controlled everything that is why obama has been said he is like hitler ..he wants to control you from conception to death and your kids your money your health and your death..so get real..you aere an oxyMORON
  • Manuel big bobber 2010/09/29 17:03:16
    Manuel
    I didn't say fascist nations are full of wealthy people. Go back and read it dude. The Rich in those countries are like a very small Government while the millions under their control remain poor. That's what the GOP Capitalist pigs are selling you guys. The smaller the Government the easier it is to control stolen money from the tax payers and abuse power. This is what makes GOP Conservatives fascist. They want to control your life in secret you moron. They want a smaller Government so nobody can keep tabs on them....come back from your vacation from Mars.
  • iamnothere Manuel 2010/09/29 15:46:09
    iamnothere
    +3
    and the richest people in the US continue to be on the Democrat side of the aisle.. you really are so out of touch.. Which person on this list do you have as being one of those horrid GOP.. and which are democrats??
  • Manuel iamnothere 2010/09/29 17:17:01
    Manuel
    Jim Demint, Dick Armey, John Cornyn, Mitt Romiey, Ron Paul, Karl Rove,John, Boehner, Mitch Mcconnell,Sarah Palin. Dick Cheney, George Bush Senior and his Son's....should I go on with this fascist list? Plus the Republicans have more money then the Democrats 10 to 1 . The Deocrats get their money from grassroot people. The GOP just goes back to their circle of rich friends who have all the money in the world to give them
    .
  • iamnothere Manuel 2010/09/29 18:29:33
    iamnothere
    +3
    I dont care about politicians they are full of crap.. lets hear about people in business
  • Manuel iamnothere 2010/09/29 20:06:07
    Manuel
    typical conservative tactic...change the subject....
  • iamnothere Manuel 2010/09/30 00:39:50
    iamnothere
    +1
    A Fascist nation is a Nation that is run by Capitalists that have become money power pigs. If you look at a Fascist Nation they have only the rich making all the moves. These rich pig people control their countries by keeping their people in a dependent
    poverty state.

    Gee it really did sound like you were talking about people in business not the politicians who are money suckers.. dependent poverty gee sound talking people business politicians money suckers
  • Manuel iamnothere 2010/09/30 01:52:55
    Manuel
    LOL hey is that a friend of Castro's'? Hey look dude. Most blue collar guys make up the middle class and are out there working their butts off. Sure they hate being taxed to death. But for a long time the GOP had made it sound to them that only Blacks and illegal Mexicans are on welfare and want all handouts. And they quickly blame taxes are raised by the Democrats because of these programs for the poor. But when the GOP are in power they ban the programs and keep the money for themselves. So the middle class taxes help the rich get richer when the GOP are in charge.
    And there is quite a large number of white people on welfare. They are on it cause there are no jobs. So is that ok for them? Nobody wants to be on welfare. But blacks have a much harder time seeking good steady employment even when times are good. This country's whites out numbers blacks 8 to 1. So Who do you think are gonna get the jobs first if jobs become available? Whites, because conservatives are mostly white and will only higher whites. If this wasn't true then you would have never heard of the expression "token black". Hey it still like this in many blue collar jobs and places. Stack it up now in the rich class jobs....how many Stocks and bonds companies are owned by blacks? How many national Banks are ow...
    LOL hey is that a friend of Castro's'? Hey look dude. Most blue collar guys make up the middle class and are out there working their butts off. Sure they hate being taxed to death. But for a long time the GOP had made it sound to them that only Blacks and illegal Mexicans are on welfare and want all handouts. And they quickly blame taxes are raised by the Democrats because of these programs for the poor. But when the GOP are in power they ban the programs and keep the money for themselves. So the middle class taxes help the rich get richer when the GOP are in charge.
    And there is quite a large number of white people on welfare. They are on it cause there are no jobs. So is that ok for them? Nobody wants to be on welfare. But blacks have a much harder time seeking good steady employment even when times are good. This country's whites out numbers blacks 8 to 1. So Who do you think are gonna get the jobs first if jobs become available? Whites, because conservatives are mostly white and will only higher whites. If this wasn't true then you would have never heard of the expression "token black". Hey it still like this in many blue collar jobs and places. Stack it up now in the rich class jobs....how many Stocks and bonds companies are owned by blacks? How many national Banks are owned by Blacks? How many wall street business firms are owned by blacks ?....and then ask your self these same question with Hispanics. As long as the GOP stay in power they will keep out as must as possible blacks and Hispanics from jobs that control major parts of the U.S. The GOP will never put up a Black or Hispanic man for President. They only take care of themselves and the smaller richer wealthy peoples group that pay to keep them in power if possible...that's just like the Fascist countries...everybody else to them are dependents in poverty.
    (more)
  • iamnothere Manuel 2010/09/30 03:11:14
    iamnothere
    +1
    ok and what does this have to do with businesses hording money
  • Manuel iamnothere 2010/09/30 05:08:11 (edited)
    Manuel
    I will tell you and give you a rough out line of what does this have to do with businesses hording money.

    Like Fascist countries , the GOP have a lot of rich friends that own big business that control a lot of markets. They get together and sit down and say to each others...what do we do mess up Mr. Obama?
    They all sit together in a nice penthouse office somewhere in NYC. they ask each others 'what's the worst damage we can do to Obama?"

    GOP asks the big business players- - - "Hey do you guys think you can sit it out for two years? You know, sit on your money and don't invest in anything that will help this economy for the next two years. Then, that should finish Mr. Obama and we Republicans will be back in control and give you big business people the best taxes breaks ever and , we will get rid of all those new rules for Wall Street that Mr. Obama has set up and let you in invest all of America's Social Security funds any way you like to when we privatize it.

    One business guy saks, " what if we lose all of the SS funds'?
    The GOP laugh,and say, " Don't worry about it, we will raise taxes fairly high to cover all your bets on the middle class and the poor and blame it all on the former Obama"s administration . Hey they did it to Bush so we can screw them right back. Who cares if it's a lie? "

    The business guys look at one another and the GOP people; They say to the GOP -...
  • iamnothere Manuel 2010/09/30 12:03:14
    iamnothere
    +1
    once again I love how you name names..

    NOT
  • Manuel iamnothere 2010/09/30 17:07:52
  • iamnothere Manuel 2010/09/30 22:22:08
    iamnothere
    yup you stuck yourself into a corner.. still have no clue do you.. you keep talking big about businessmen.. then spout politicians.. I know you cannot be that stupid..
  • Manuel iamnothere 2010/10/01 04:38:06
  • jkr8 Manuel 2010/10/03 02:53:41
    jkr8
    Manny, better to remain silent and let people think you a fool, than to open your mouth, or post your mind, and remove all doubt. I'll bet you get a thrill up your leg while you are typing this unsubstantiated drivel. Just typing a list of names proves nothing. And calling people names show you took a communications class from obama.
  • Manuel jkr8 2010/10/03 15:18:06
    Manuel
    Manny is a different name dude. It's not the nick name for Manuel. A common mistake made only by conservative white people that really could care less for Hispanics that are not conservative christian bigots fascist like them ...Maybe for example ; you should read what happen back in the Nixon years to get a real grip on just how powerful GOP corruption really is done by the rich and powerful. I don't need Obama to tell me how "f" up the GOP and conservative thinking is. I witnessed it for myself since the 1950's
  • jkr8 Manuel 2010/10/04 22:04:59
    jkr8
    Have another snort manny
  • Manuel jkr8 2010/10/05 00:42:52
    Manuel
    I find it that when people give me an answer like this they extremely arrogant...but if you were at least ignorant..we could have some type of conversation. But your not dude. So now go ahead an insult me more ...that's what weak minded stupid people as your self will resort to all the time...this is my last word with you...but you have the last word so people can see what you really are...you are of the 50's bigots mindset. Calling me manny again proves that.
  • jkr8 Manuel 2010/10/05 03:56:47
    jkr8
    Nice manny, weak minded people resort to insults, and then YOU call me etremely arrogant stupid and a bigot. Can you say hypocrite!
    Pronunciation: \ˈhi-pə-ˌkrit\ from Late Latin hypocrita,
    1 : a person who puts on a false appearance of virtue or religion
    2 : a person who acts in contradiction to his or her stated beliefs or feelings
    3: Any liberal, especially one named manny.

    Also fyi, you call me a bigot. My family name is Gonzalez,Yes I am hispanic, I just refuse to stay on the democrats plantation. If that makes me a bigot manny, try esl.

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