The president has become too powerful: Welch
President Obama has changed "15 regulations at least" from the time Obamacare was law, the former GE boss said.
The president has become too powerful relative to Congress, former General Electric (GE) boss Jack Welch told CNBC on Friday, as optimism increased for a debt ceiling extension and an agreement to end the 11-day government shutdown.
"That's been happening for a long time and it's accelerated this time" under President Barack Obama, said Welch, executive chairman of the management institute at Strayer University that bears his name.
President Obama has changed "15 regulations at least" from the time Obamacare was law, he said. "Law in enforced by regulation. He changed the employer mandate. He put Congress in. He did a whole series of things," Welch said.
He also said both sides of the aisle have failed "Negotiation 101" by not putting themselves in each other's shoes and trying to figure out what the other side would accept.
"Both sides went down the wrong path. The Republicans take on the president's signature [health-care] bill and they say, 'Defund it.' By definition, that's not sitting across the table," he added—saying the GOP are the worst marketers of their ideas. "I wouldn't let Republicans market an iPad when it came out," he said. "They can't market anything."
"Then the president says, 'I will not negotiate.' That's not a position I can accept either," Welch said.
In another example of how he finds the president too powerful, Welch said: "[The president] can arbitrarily legislate around Congress on clean air." He believes the overreach of the presidency "started early in the Bush administration [and] a bit in the Clinton administration."
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He is drunk with power and wants to be dictator with an iron fist.
MEDIA ON THAT? HE HAS TAKEN OVER THE ECONOMY WITH HIS EPA NAZIS AND THEIR
UNLAWFUL REGULATIONS AND FEES AND TAXES AND RUINED THE JOB MARKET BUT
WHERE IS THEM MEDIA ON THAT? THE PROGRESSIVE DREAM IS TO INSERT A DICKTATOR
WHICH IS OBAMA AND LIKE A PUPPET USE HIM TO TAKE OVER MOST BUSINESS AND
OF COURSE THE MOST EXPENSIVE THING IS HEALTHCARE AND ONCE THEY GET FULL
SINGLE PAYER SOCIALIZED HEALTHCARE THAT'S IT US IS A SOCIALIST NATION! IT WILL
TAKE DECADES TO FIGHT BACK AND RETURN THE US TO IT'S FREEDOM AND IT'S GLORY
OF BEING THE STRONGEST NATION IN THE WORLD! GEORGE SOROS PUMPS BILLIONS
INTO PROGRESSIVE GROUPS AND DEMONCRATS AND MEDIA! HE SAID HE WANTS TO
DESTROY THE US DOLLAR AND ECONOMY AND MAKE THE US PART OF A ONE WORLD
NATION LIKE OBAMA AND DEMONCRATS WANT! OBAMA AND DEMONCRATS ARE MORONS
AND PUPPETS BEING USED BY PROGRESSIVES TO DESTROY THIS COUNTRY BUT THEY
THINK THEY WILL BE SAFE WHEN THE US CRUMBLES BUT THEY WILL GO DOWN LIKE THE
REST OF US THEY WILL JUST HAVE MONEY FOR A WHILE UNTIL THE PROGRESSIVES TAKE
ALL THEIR TOO! THE US WILL NOT REBOUND UNLESS OBAMA IS STOPPED NOW.
In Washington's time, there was concern thta he was too powerful. The question was asked, "Did we trade one King George for another?"
Luckily, Washington knew the evil of being all-powerful, and gracefully stepped down after his second term.
I don't care WHO the President is or which party he has come from. The position is too powerful. The Founding Fathers NEVER intended for the President to be in such a position. They wanted the powers split up among the three branches, with Congress being the one with the power. Power to tax, power to spend, power to declare war.
Fast forward 200+ years and we have Presidents who give themselves powers thus subverting the legislature, change law thus subverting the legislature, ignore laws....
We need a smaller government with MORE accountability to the people.
Lots of opinion here, not so much fact. Here are some facts for you; make of them what you will.
1. Under Obama Care my individual policy will be cancelled 12/31/13 and replaced by one meeting the new regulations. Premiums will increase 52%, out of pocket costs will increase 20%.
2. My new policy will have to cover well baby care, maternity care, vision screening for children and abortion services. I'm a 61 year old male, what the hell do I need maternity care for? Also, I get to pay for children's glasses but am not covered myself.
3. I get to subsidize abortions for others even though my faith teaches me it's wrong. So much for separation of church and state. I'm not judging others, but I shouldn't have to participate.
4. An acquaintance owns a small retail store; his premium is doubling (+$1800/mo.) He will most likely have to lay off an employee in order to meet the "affordable" care act.
I predict the health care.gov system will have a miraculous recovery soon after the President gets his budget deal without caving on Obama care. By then it will be too late to complain.
He's like a monkey with a gun in a room filled with people, someone is bound to get hurt.
I bet he has to eat steak with a butter knife so as not to hurt himself.
He believes that he is the Messiah, and that he rules by decree. He is an Incompetent Socialist that has never held a real job, and has no qualifications to head this nation. The "un-informed" crowd voted for him because they thought they would not have to pay rent, gas, free phones and a general free ride. His minions which includes the Media is as guilty as he.
Hopefully many would have learn their lesson and vote for a competent president next time around
It is not that he is too powerful it is that we are allowing him to violate our constitution and many are to blind to see what is happening. They won't figure it out until it is too late. When he has regulated businesses out or business who is going to pay the taxes to support all these ridiculous government agencies.
For now many think redistribution of wealth is a good thing. But wait until they tell you that since your house is paid for and your neighbors isn't you need to help them pay for their house. Oh and since you have a savings account and your neighbor does not we are going to take half of yours and give it to your neighbor. Go ahead and laugh at me now but by the time they get to that point it will be to late because there will be no one left to fight for you. Everyone will be dependant on the government and the government will own everything and everyone. It is coming faster than you think unless we do something to stop it.
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The solid report comes a month after the retailer closed all of its Canadian operations.
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