Bernie Marcus, founder of Home Depot, laid into Obama and pals this morning on CNBC and it was a sight to behold. As Greg Hengler said:
…may have been the best defense of small business, and the most important attack on the Obama Adminsitration all year. Marcus knows a little something about small business, because his business – Home Depot – was once a small business before it became a very BIG business. Home Depot employs 320,000 people, so Mr. Marcus knows a few things about job creation.
Dead on target:
Marcus – Now you take some of the people the President surrounded himself with, now think about it a second, they’re all academics…most of them…I mean all of them, they come out of Harvard they come out of Yale. These guys are all on tenure. By the way they’re all on tenure. Tenure means they get paid whether they work or not, tenure means they are on insurance for life, tenure means they don’t ever have to worry about anything just because they were there for a number of years. America is not that way. America is not that way. And if the President got out of, you know, Washington, in his cloak as I talked about, and started moving around the peasants which is people like everybody else in the world except for Washington. Washington has their own insurance plan, they got their own pensions, they don’t even abide by their own rules they everybody else lives by.
Here he is on the anti-business attitude of Obama and company:
Marcus – And when I talk to people who are creating jobs today…these are not villains. These are not monsters. They’re not like…
Kernan – And you think they are being portrayed that way?
Marcus – Oh, there is no question about it.
Kernan – How many employees does Home Depot have?
Marcus – They got about 320,000
Kernan – So you, Arthur and Ken are directly or indirectly responsible for 300,000 jobs?
Marcus – Yeah, we’re monsters and we’re disgusting human beings and I recognize that and I apologize to America right now, I’m sorry that I made wealth and I’m sorry that I’m creating jobs.
Hengler has some other great clips that you should see.
Not only are the people in charge a bunch of academics who have never run anything in their lives, they are also of the mindset that the private sector is there to provide capital to redistribute as they see fit.
They are in for a rude awakening come November.