On “Economic Patriotism” Hypocrisy

wealthy-ruining-americaPresident Obama dropped to a new level of hypocrisy* with his anti-capitalist rhetoric yesterday, calling for U.S.-based firms to entertain the notion of “economic patriotism”, which is liberal code for “shut up and bend over”. Let’s take a look at his words — and his staggering new level of hypocrisy — point by point.

“I don’t care if it’s legal,” Obama declared. “It’s wrong.”

So are unilateral decisions via executive order that skirt the democratic process.

“They [companies that enter into arrangements with foreign companies to shift their tax addresses overseas while retaining their U.S. headquarters] are technically renouncing their U.S. citizenship. They’re declaring they are based someplace else even though most of their operations are here,” Obama said at a technical college in Los Angeles.

This is in the running for the most absurd thing he’s ever said. Economic flight — the tendency of individuals and corporations to abandon a sinking ship before it drags them under — is hardly the same as “renouncing citizenship”.

“You know, some people are calling these companies corporate deserters.”

Only you and your rich-hating cronies. This is a lame attempt to get “corporate deserters” to catch on as the next trending Twitter hashtag.

He also charged that such companies are “cherry-picking the rules.”

Kind of like deciding not to enforce certain laws because you simply don’t like them, right? Apparently he doesn’t remember uttering these words:

“Effective immediately, the Department of Homeland Security is taking steps to lift the shadow of deportation from these young people. Over the next few months, eligible individuals who do not present a risk to national security or public safety will be able to request temporary relief from deportation proceedings and apply for work authorization…this is a temporary, stopgap measure that lets us focus our resources wisely…”

If that isn’t cherry-picking, then neither is avoiding constant attacks on the American dream by moving to friendlier countries. Why should the people you have constantly demonized and attacked and labeled “evil” agree to line your filthy, greedy pockets with their hard-earned money?

“You don’t get to pick the tax rate you pay,” Obama told a crowd of about 2,000. “Folks, if you are secretary or a construction worker you don’t say, ‘You know, I feel like paying a little less so let me do that.’ You don’t get a chance to do that. These companies shouldn’t either.”

No, you and your contributors like Goldman Sachs, Microsoft, JPMorgan Chase & Co, and Google get to pick the tax rate we pay. We could decide to pay a little less if we wanted, but not without burdensome tax audits or threats of imprisonment.

“You shouldn’t get to call yourself an American company only when you want a handout from American taxpayers.”

Just like immigrants shouldn’t get to call themselves Americans only when they want handouts from American taxpayers. Just like you shouldn’t directly transport illegal immigrants to the U.S. for free handouts in the hopes of gaining new Democratic voters.

“What really is going on is the Republicans in Congress are directly blocking policies that would help millions of Americans,” he said.

Translation:  “I still have nothing worthwhile to offer, so I’ll continue to lay blame elsewhere and demonize the wealthy.

The hypocrisy is astounding for those of us with brains. But for your average mentally challenged liberal, the new influx of socialist policies and socialist voters is worth the severe cognitive dissonance that accompanies them.

*For some examples of just how low the bar is, check out this article from 2011.



One thought on “On “Economic Patriotism” Hypocrisy

  1. Pingback: Close the Gates! | shiftthink

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