Jack Welch Former GE CEO Rips Obama's "Divide and Conquer" Strategy

Jack Welch, renowned former CEO of General Electric before it became
the nontaxpaying sock puppet for the administration's green energy
push, has penned an Op-Ed article for Reuters in which he says Obama's
"divide-and-conquer" re-election strategy is unworthy of a great leader
and chides the president for blaming others for our economic woes.

"Over the past three years," Welch wrote last Wednesday, "Obama has
taken a sort of divide-and-conquer approach, amassing a list of enemies
that would make Richard Nixon proud — bankers, health care insurance
providers, oil companies, wealthy taxpayers, Congress and, most
recently, the Supreme Court.

"Gas prices are the fault of oil speculators. The failure of solar
power companies is the fault of unfair Chinese competition. The bad
economy is one of the many things he inherited, as is the deficit.
Operation Fast and Furious was a program begun under the Bush
administration that he knew nothing about. The deficit is skyrocketing
because the rich aren't paying their 'fair share.'"

On CNBC's "The Kudlow Report" the next day, Welch elaborated: "It
was the insurance executives in health care. It was the bankers in the
collapse. It was the oil companies as oil prices go up. It was Congress
if things didn't go the way he wanted. And recently it's been the
Supreme Court."

Indeed, of all the trial-balloon campaign slogans that President
Obama has and will be trotting out, "the buck stops here" will not be
one of them.

The slogans have ranged from "we can't wait," a slogan that blames a
Congress that for two years was a wholly owned subsidiary of his own
party, to saying he wanted to build an "America that can last." Which
sums up his statement that the system of free-market capitalism,
democracy and respect for the Constitution — a system that raised a
colonial backwater to the greatest economic and military superpower in
history — never worked

While
Obama says he wants an "America that can last," we long for a president
who can govern, who sits in the Oval Office in this time of crisis
instead of jet-setting from one fundraiser to another. Ronald Reagan
worked with Tip O'Neill. Bill Clinton worked with Newt Gingrich. Obama
couldn't work with Harry Reid and Nancy Pelosi to produce a budget as
deficits soared.

Not Obama.

http://news.investors.com/article/607798/201204131846/jack-we...