Obama Continues to Bash US Private Industry But Calls For Muslim Summit on Entrepreneurship
Barack Obama continued his all-out assault on the American private sector in his Weekly Address today. This week he decided to attack the evil insurance industry once again.
But not all private industry is bad. The president called for a Muslim summit on entrepreneurship on Friday.
The White House on Friday announced a “summit on entrepreneurship” to build economic ties with the Islamic world, part of President Barack Obama’s outreach to Muslims.
The White House said it has invited participants from more than 40 countries over five continents for the April 26-27 conference in Washington.
“The summit will highlight the role entrepreneurship can play in addressing common challenges while building partnerships that will lead to greater opportunity abroad and at home,” White House spokesman Robert Gibbs said.
Obama first spoke of the entrepreneurship conference in his signature June 4 speech in Cairo to the Islamic world.