Obama’s Deregulation Orgy Yields Big Orgasm for Big Business

[Modern School]

In the Wall Street Journal yesterday, President Obama hinted at an ensuing orgy of deregulation intended to appease Wall Street and Corporate America. He signed an executive order requiring federal agencies to ensure that all regulations promote economic growth, and he ordered a government-wide review of existing regulations to remove any that place “unreasonable restrictions” on business, or that are “just plain dumb.” Obama’s pronouncement echoed US Chamber of Commerce president Tom Donohue, who called for regulations to be “swept away.”

To read the entire article, please go to http://modeducation.blogspot.com/2011/01/obamas-deregulation-orgy-yields-big.html

[howaboutme]

1. Most corporations (and banks) are not US Corporations

They are run for the benefit of international shareholders and markets. Obama's job is to serve the interests of the US people, not international corporations or banks. The real problem in the USA is that we've not had a POTUS in 30+ years that served the USA or its people.

Obama and many pro trade Democrats are going to get crushed on this issue unless they change their stance. Donald Trump was on CNBC tonight speaking of the need to take a tough line against China and even close our markets if necessary. He said they need us more than we need them. Trump said he may run as a candidate for POTUS. Many Americans are very willing to buy into this, while Obama and Clinton give us the BS that China is our partner. China has never been our partner. Their gain is our loss and it was politicians that sold us out. A trade war would be disastrous short term, but it might be what we need longer term to separate those corporations who support us from those who oppose us.

[Hawkowl]

2. But he's better than Palin!!!

Of course a steaming pile of horseshit is better than Palin, but whatever... Good luck witht the GOTV in 2012.

[txlibdem]

3. Few comments to this --looks like most people knew he would sell us out to big corporations

as I did.

What pisses me off is that the media is turning a blind eye to Pres. Obama getting his orders from big business and wall street.

I wonder how many of them will say, "these regulations that limit our pollution are really good for the country, so we won't ask you to end them." Ha ha ha. :-(