Socialist Obama Insists "Global Recovery Requires Level Playing Field"
Posted by Jim Hoft on Monday, June 28, 2010, 5:08 AM
Our radical president told reporters at the G20 meetings in Canada yesterday that,
“Global recovery requires a level playing field.”
The leftists probably thought this was brilliant. The rest of us understand that it is a meaningless statement except for the fact that it confirms his socialist bent.
Obama believes an equal playing field will lift the world from the global recession.
How?
Reuters reported:
President Barack Obama said on Sunday it was important for global growth that there be a level playing field, and that involves market-driven currency policies.
Obama also mentioned China’s move toward more currency flexibility at a news conference at the close of the Group of 20 summit in Canada.
“A strong and durable recovery also requires countries not having an undue advantage. So we also discussed the need for currencies that are market-driven,” Obama said. “As I told President Hu yesterday, the United States welcomes China’s decision to allow its currency to appreciate in response to market forces.”
Real Clear Politics has the video.
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Published May 24, 2012 at 8:46 pm - 89 Comments
Granny commented:
He can start leveling the playing field by signing away all of his book royalties and all of his paycheck in excess of the poverty line to go towards supporting his fellow citizens who have run out of unemployment. You first Idjit!
John Lynch commented:
This is not a “meaningless statement”. This is ground laying for penalizing those countries who, through non-Keynesian means manage to grow their economy by, you know, producing stuff. Exporting goods, making money, profit, increasing private employment – all those things forgotten by our administration and despised by the left. The “level playing field” is then to bring down those who do not subscribe to high taxes, more regulation, and bigger government. The means of leveling will be punitive import duties, “world tax normalization” (eg. bank taxes) and environmental regulations such as cap/trade.
Tommy K commented:
President Obama’s “level playing field” comment strikes me as being inane as insisting that all the entries in a horse race must enter the final corner at the same time. Aside from the inanity, imagine how much energy would be expended try to manage that outcome! Now THAT is what is wrong with socialism/fascism/liberalism!
bertogemigna commented:
President Obama At the G-20 in Toronto: “A strong and durable recovery also requires countries not having an undue advantage. So, we also discussed the need for currencies that are market-driven.”
Who is this John Galt fellow, anyway?
bg commented:
++
OT..
Mexico Joins Legal Battle Against Arizona Immigration Law
sue (fitb) into surrendering..
that’s always been the Obama ticket (only no
one asks him where his money comes from)..
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ProLifer commented:
Leveling the playing field — you know — for the little people.
Does this mean the elites will spread their fortunes around the world to help level the playing field? (Just kidding.)
“For Marx, what defined feudalism was that the power of the ruling class (the aristocracy) rested on their control of arable land, leading to a class society based upon the exploitation of the peasants who farm these lands, typically under serfdom.”
(Wikipedia, the free encyclopedia)
Trudy commented:
Hi,
Now Obama is sounding like an American.
We Canadians hear about a “level playing field” from American politicians all the time. Let me translate.
“Level playing field” is an international trade situation where American firms have a price advantage.
By definition, international trade situations where other countries have a price advantage is unfair to the USA, and therefore American politicians must work to level the playing field and return the advantage to the USA.
Amy Proctor commented:
“Leveling the playing field” is code for “bringing America down a couple notches”. Obama has used this language since he’s been in office. It’s typical Marxist rhetoric. We’re all equal! (except for the elitists who rule over the little guy).
archer52 commented:
I saw this and wondered if my question was answered, “Can stupid get stupider?”
Apparently, it can.
While Obama plays god with our nation, other countries are going to do what they can to get a leg up on each other. This New World Order of global economics will fall apart when each nation’s desire to take care of its own overcomes the niceties of global cooperation.
The last guy at the table that is going to realize that is OUR president.
Great. Dumb getting dumber. Any chance we can trade him back in?
wildman commented:
Yeah, He needs to level the field in order to bury the middle class 6 feet under.
Dave In Houston commented:
Would someone with more executive experience, say a former Alaskan small town mayor and small business owner, make a statement as absurd as this?
Nope.
big L commented:
Regarding china, In this mornings news, Hu said that he would not bow to pressure on the currency and that itwas an internal matter
Galt commented:
He’s setting up another strawman: his spending spree is going to damage the American economy, so he’s going to need someone to blame.
“They damaged us by not spending,” he wants to be able to say. Not unlike protectionists who blame all their industry’s problems on what “they” are doing overseas while urging the central planners here to assert more control here — at the expense of the “they” out there and the “we” back here who are consumers and taxpayers.
Dem policies are dong profound damage; even the socialist-friendly eurocrats are wary.
down with dems commented:
BLAH BLAH BLAH
That’s all that ever comes out of Barry’s mouth (or ANY Democrat’s for that matter) — FAIRNESS, EQUALITY, LEVEL PLAYING FIELD.
It’s all bullcrap. They carve out exemptions for unions, they protect trial lawyers, they attack certain companies/industries in order to benefit other companies/industries. It’s smoke and mirrors, they’re liars and hypocrites, and the world is seeing through this “you’ve got to spend more, but I’m really committed to reducing the US deficit” garbage spewing out of Barry’s mouth.
snowman commented:
down with dems, right-on, nothing but garbage he doesn’t have a clue and doesn’t care.
Peggy commented:
I can’t believe I am not having daily heart attacks over this man’s evil and his economic idiocy.
God help us! St. Michael defend us in battle.
Joanne commented:
He has a point about China because China cheats……but then again, China may choose to ignore the U.S. dollar soon enough and take on another currency they can cheat on.
http://www.americanmanufacturing.org/issues/china-cheats/how-china-cheats/
kato commented:
Biggest jive act in history.
Robert commented:
Ah yes. Level. the Socialist Holy Grail.
Except when they deem otherwise.
We have a Justice Department that chooses not to prosecute New Black Panther thugs for intimidating people at the polls. They have deemed that avatars of past victims of discrimination can now threaten and intimidate others, as if a current injustice negates a past one. Seems more like revenge to me.
We have multiple branches of the federal government resisting the upholding of immigration law and border protection.
We have many, many examples of the press prominently stating the political affiliation of some miscreants, while downplaying or ignoring that of others, based solely on which side that affiliation may fall.
And therefore, as in so many other instances, we can clearly illustrate the gross hypocrisy of the Socialist Left.
bill-tb commented:
Obowma, know as one of those fruitcake Keynesian socialists wackos, isn’t very smart. Maybe that’s why he chose Bite Me.
To get our economy back on track, we have to take out the trash first.
Paul_______ commented:
Remember when all the Chinese people were wearing the same uniform as required by Marx and Mao?
Well, that’s exactly what the Communist Bastard SOBama and his Masters want the world and America to do. Everybody should be the same, and we should have only one Master: Big Brother.
“Leveling the playing field” is just another expression for “COMMUNISM.”
Joanne commented:
One thing about China is they play by their own rules and no one can stop them or even really tries. Now the U.S. doing the same would cause a world-wide outroar, but even that will die down once Obama has destroyed the U.S. economy to the level of say, Kenya’s.
Callipygian1 commented:
Any democrats reading this care to voice an opinion? I need my joke-of-the-day
He may be the stupidest public figure ever. That includes Grayson, West (from Milwaukee), Biden, Pelosi, et al…
daryl commented:
Give obama a “level playing field” (most demanded item in the affirmative action game) and he will demand someone give him the ball and bring the golf cart to give him a “free ride” (next most demamnded item in said game) to the other end of the field where he will jump from the cart, perform the mandatory victory dance (gyrate, juke and jive like someone suffering with spastic paralysis) and next, demand to know whose ass he’s to kick next.
kansas commented:
How much longer do we have to put up with this?
PS I’m pretty sure Keynes did not advocate spending a country into oblivion. He called it priming the pump, not pouring all the water you have down the frikkin well.
Sandy commented:
The rest of the world should tell to Obama what you would say to a nosy neighbor. PUT YOUR OWN HOUSE IN ORDER FIRST.
Sandy commented:
If Americans can’t afford buy anything, will we kill the Chinese Economy — Just wondering.
Militant Conservative commented:
I agree with the presidents statement but not his solution. THE problem is unequal distribution of CAPITALISM. He’s such a commie terd.
Finncrisp commented:
Barry ‘”acted stupidly” at the G20 and he was largely ignored. His lack of understanding of economics is obvious.
His command of community organizing is truly frightening.
His determination to destroy America is increasingly transparent.
neomom commented:
Not since 1774 have we been this disrespected by the world. The only thing they respect is our military and whatever money we have left. Obama is working hard to fix that. Leveling the playing field means the middle class must make the uber rich (soros) richer and feed, clothe and house the worlds crooked, lazy, stupid and poor. This includes the retiring at 53 Eurotrash, the crooked south american dictators, The filthy blood cult that is ISLAM and the disease infested hole that is the African Continant. The only nations I respect anymore are the former Eastern bloc nations that have lived through there own Obama like visions. I like my culture. I like my lifestyle. I will kill to keep it.
brooklyn commented:
Obama sounds like HUGO…
So does Hillary Clinton.
These Democrats are so lost, corrupt, misguided, dishonest, incompetent, etc., all pushing the very worst for all.
Oppressive Malaise = Democratic Party
thomas b. commented:
Obama is quite possibly the dumbest President in this nation’s history.
JaneLovesJesus commented:
We’ve elected George Soros.
bg commented:
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Rioting in Canada
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