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Monday, October 19, 2009

Obama Manufacturing Czar Says "Free Market is Nonsense"; Agrees with Chairman Mao Tse Tung - Video 10/19/09

Here is video of a new shocking Naked Emperor News video that shows President Obama's "Manufacturing Czar" - Ron Bloom - giving a speech in which he flatly says that "the free market is nonsense," and that "we kind of agree with Mao that 'political power comes largely from the barrel of a gun.'" He was referring to Chinese Communist Dictator Chairman Mao Tse Tung, who was responsible for the deaths of 70 million people.

Bloom now joins Anita Dunn as the second Obama Administration official to identify with Mao. Obama surrounding himself with radicals just keeps marching on.

UPDATED 10/20/09: Here is a little longer version of Bloom's comment:

Hat Tip: Breitbart TV


Anonymous,  October 19, 2009 at 11:40 PM  

When they're speaking to each other, they are very blunt about their views. No wonder Obama selected this thug to be his manufacturing czar. They do believe that the free market is nonsense, that it's all about gaming the system (which they now control) and that power comes from the barrel of a gun (government coercion).

We either stop these people or we lose our liberty.

Unsympathetic October 20, 2009 at 10:21 AM  

This is surprising?

The US hasn't had a "free market" since Lockheed Martin was bailed out in 1972. Free market means that companies MUST FAIL.

If we had a free market, Wall Street would have received ZERO bailout dollars in 2007 and 2008.

If we had a free market, Wall Street wouldn't have levered up as high as they did from 2000-2007 because they would have known that they have ZERO backstop.. instead, all of them played the system expecting to get bailed out, which they were.

China participates in the free market for their exports. China is happy to sell products that kill people - such as drywall. This is the expected result of a truly "free" market - people lie to make money.

If you want to have a discussion about the appropriate role of government, go for it.

Or, just keep repeating an ideology that never had any truth to begin with.

A pen October 20, 2009 at 2:02 PM  

If you wish to use the term free market at least understand that it has nothing to do with government and everything to do with economic forces. Marketing toxic substances is a matter for both courts of claims and legislative action creating a criminal code to prosecute under. Neither has a role in the market unless you view capitalism as a criminal enterprise. The only thing criminal then is what you would do to deny free trade. The failure or deliberate inaction of our legislature to reign in illegal acts or legislate effective remedies for invented methods of corrupt purpose should not be rewarded with unchecked power especially in any branch of government. It appears to me the gaming of the system was to that very end. Considering the communist affinities of this administration, or what we have been allowed to discover about the individuals including the president, we ought to assume their progressive expansion of powers coupled with the admission they seek to eliminate opposition by the press and therefore the people is indeed a move to re establish the form of government from OUR constitutional republic to something akin to the regime in North Korea. The faster they move toward securing their power before the 2010 election the more they insult the now awakened patriotic core of this nation and they will not suffer this without a fight. Given that this constitutional scholar who is usurping our constitution has covered his legal bases with either bribe or intimidation it will not be a pleasant "change" Molon Labe!

richard o. October 20, 2009 at 9:38 PM  

I have to agree with Unsympathetic on this one. The free market has been tweaked and distorted for years. Chrysler bailout was another that the Gov. was involved in. I think it goes all the way back to FDR and all his 'ABC Projects'. The Gov. has put in place so many restrictions and regulations to start a business that it has become difficult for many business to open. Business must pay thousands just for certificates from many gov. agencies just to open your doors.

Anonymous,  October 21, 2009 at 3:17 AM  

You are right, Unsympathetic. The government has been moving away from a free market since well before I was even born, so in my lifetime perhaps there has been no truly free market in the US.

You say that in a free market companies "MUST FAIL". You're right, but I'm not sure why you place emphassis on the must fail part as if that's a bad thing. They must be "allowed" to fail when they can't keep up with the rest of the market. Other then the employees of Lockheed Martin, who cares if that company fails.

If the company has simply fallen on hard times and a bank wants to take the risk of extending them a loan, so be it. If there is no bank willing to take that risk, why should the government step in and assume a risk that the banks weren't willing or able to take?

If you don't allow failure, you also don't allow success. That's not what America is about.

Anonymous,  October 21, 2009 at 10:01 AM  

So does this thug have to go through senate confirmation, or is he automatically a czar?

glucosamine October 22, 2009 at 7:09 AM  

Very informative, and honest post.
Thank You...

Anonymous,  October 22, 2009 at 11:36 AM  

Oh, and the Unions, ACORN, and Government Workers haven't been gaming the system.

Anonymous,  July 30, 2010 at 3:57 PM  

Rob Bloom is just calling it the way he sees it. This guy ain't no commie Maoist. He has an MBA from Harvard and worked at Lazard Freres & Co - one of the most prestigious investment banks in the world. Lazard doesn’t hire people that don’t believe in Capitalism and they don’t hire idiots. “Free market” really means a free for all. To quote Hank Greenberg, the former CEO of AIG "all I want in life and business is an unfair advantage". Anyone that believes in "free markets" after seeing the French, Japanese and Chinese dump products and steal intellectual property in the 80s and 90s, the dotcom bubble, the real estate bubble and the recent Wall Street implosion is a complete nitwit.

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