Why is Obama so against big companies??

Question

Is it a crime to be successful?? Apparently it is... at least in obama's eyes. I mean, doesn't he realize that Big companies provide most of the jobs in the U.S?? He's always talking about how bad the economy is and what not, then why does he want to put higher taxes on big companies?? all that will do is make big companies have to lay off more people, because they can't afford to pay them..... so tell me what is his reasoning behind hating big companies??

Answer 1

because he's a socialist.

all democrats are socialists.

he believes in equal wealth but america has always been based on private ownership and capitalism.

idk. i dont think im gonna vote this year. i dont like mccain and his policies either.  

Answer 2

he is against big business getting ALL of the breaks..that is all..you are oversimpilfing his words..

Answer 3

He also is apparently against small businesses too, because he wants to raise everyone's wages and salaries which will destroy tons of small businesses.  

Answer 4

Nothing wrong with big companies until they try to abuse their power.

Companies are just as prone to corruption as governments.

Answer 5

EXACTLY...well said. All Dems hate business, they hate success because they see them as Republicans...they love to complain, DOOM & GLOOM is the Dem game...Obama bored me to death last night with his bashing of America...he makes me sick!

Answer 6

Ask Sarah Palin's husband, he's a lobbyist for BP.

Answer 7

i think he feels that if he appeals to people that have been turned down by the big companies he can get their votes and another reason i dont think the companies helped him to much idk y maybe he holds a grudge i wouldnt no and neither would u no offense but we dont no

Answer 8

they get unfair advantages smaller buisness dont get. there for they make more while hthe government gives them mor. and that aint right

Answer 9

Wish I had a big company. Last I checked, companies like to turn a profit. Dont act like if any of you could you wouldn't.  Let's tax the sht outta these evil companies so they go to another country with lower taxes. Yea, that makes sense!!

Answer 10

Why h$ll yes it's a crime. It's just not obama, it's the entire democratic party. They think if you make money you must be corrupt or something and want to take it from you and give to them!  Dems, look at yourself. Kennedy's (old money), Clinton's, Kerry/Hinze's (old money), Gates, the list goes on and on. It's called socialism, and not a part (or it shouldn't be) of America!! Who cares if John McCain has seven homes. He made the money and paid the mortgages. Kennedy may have more and more expensive. Gates has eight but there all in one. Have you ever seen the size of that thing?

The wealthy can afford it! If joe made ten million last year and paid one point eight million in taxes but hank made twelve thousand and paid three thousand seven hundred. Tell me who get the big d&ck up the old (&**^%#$%#@#^&*?

Answer 11

i think its the lobbyist that pay senators and presidents to turn there back against the dirt the big companies  do to make a buck, just like bush did with oil industry and you and i pay it and those jobs that you talked about are being lost at a enormous rate everyday because people feel that the bushes of the world have done a great job themselves. dont you see the damage that big oil has caused, food goes up because the cost of fright is high to ship it, independent trucks are all but non-existent because of big oil, it cost to much to run those big trucks, its all has a domino effect on the economy !!!

Answer 12

Obama is not against big comapanies. He is against big companies using their money to steer government policies and tax breaks in their interest. For so long that has been the nature to so many ongoings in our government. It is time that we act on what it righ and not on who is paying the government offices more. For example the tabacco and oil industries...Oil industries would be out if the government set out to back the usage of natural energy to operate out homes and cars, so we are continuing to destroy out planet because they are paying the government to keep them in mind...  basic codes of MORALITY are universal and its time that our government operate on them.  Most big companies make money by manufacturing overseas for cheaper labor pay as well. Last night Obama presented an idea to generate a huge number of jobs by impleminting the usage of natural power to aide against global warming...ITs gon take some big comanies putting this together....Obama knows that its also a group of jobs that cannot be sent abroad for cheap labor.

Answer 13

To understand you need to look at some of the socialist ideals that have been studied by Dems like Obama. Large companies have a lot of power and influence. That is a huge threat to them. They want to be in control of the people and of the power. The only way to do this is to limit their income and eventually put them out of business. Their goal is to make the oil companies part of the government, like Venezuela did, which we know is a really bad idea. The country only thrives thanks to free markets and capitalism.  

Answer 14

He is using the 'divide and conquer' strategy.  The idea is to make you think he will soak the rich and cut your taxes, increase your benefits, and the economy will somehow grow by reducing the big corporations' abilities to invest in capital and labor.

Answer 15

If you think about the fact that he grew up on food stamps and went to college on student loans, he had never had real money growing up. Most people who don't have money growing up tend to see those who do as the bad guy and resent them out of jealousy. That's why he intends to repeal the Bush tax cuts to increase taxes on those with money.

Ironically, he calls those with little means and money as "working families" and those who work 12 to 15 hour days in business as the "super rich" who deserve to have their money taken away from them.

It all relates to your upbrining and what you were taught about money and those that have it. Obviously, he was taught they were the bad guys.

Answer 16

Here's the real problem. We have a severe deficit. Someone needs to be taxed. Politicians have the choice of taxing the wealthier and big business, or taxing the working middle class and the small businesses. Don't underestimate how important small business is to our economy, too.

The sucky thing about it is that Obama is for small business while McCain is for big business. And quite frankly -- the country needs both. What we need to do is give incentives to big companies to keep jobs here, and also find a way to make sure we're not sticking it to the tiny mom and pop shops who employ hundreds of thousands of people, too.  There has to be a happy medium. But most often what you get are extremes.

Answer 17

You need to( no insult intended) look back ,he isnt against big companies ,he is against big companies giving the people who work for them the burden of paying the taxes they should be paying,including you and I.Its time they stop getting the big billion dollar tax breaks and pick up thier side of the burden.

Answer 18

Why don't you listen to what he says and not John Mccain? Mccain is just an old blabbering idiot that spends his time attacking obama and making him sound like the bad guy. Democrats are for raising taxes for the wealthy because they always have money. It's not fair that people with less money pay more.  

Answer 19

Obama is following the Democrat agenda of putting it to "the man"

and big companies is the life blood of the US..and so is OIL

both are PEAKED