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.

By MSN Money Partner Oct 11, 2013 12:31PM

CNBCBy Matthew J. Belvedere

 

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.

 

President Obama speaks about the government shutdown in Washington on Monday (© Kevin Lamarque/Reuters)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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Tags: GE
427Comments
Oct 11, 2013 1:15PM
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Obama's intentions are very clear. He will not negotiate.
He is drunk with power and wants to be dictator with an iron fist.
Oct 11, 2013 1:33PM
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WORST president ever.   He's making Jimmy Carter look great.
Oct 11, 2013 1:27PM
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Obama is worse than Bush.  Plain and simple.  A small minded, nasty, thin skinned, mediocre intellect with power is a terribly dangerous combination.
Oct 11, 2013 1:40PM
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Its sad that so many Americans blindly support Obama as he destroys our Constitutional legislative process and leads the nation to a dictatorship.  They are selling out America one day at a time and some day; even they will pay the price when they wake up too late to save the last freedoms and rights we have left. 
Oct 11, 2013 1:35PM
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The Pres. has repeatedly done things that no other president has done before. He has changed laws, he has gone against everything that America stands for. The man is trying to bring America down. He has two more years in which to accomplish his goal and most of Americans just sticking their heads in the sand because they don't believe something that bad could actually happen. The man is a terrorist and he's working from the highest office in the country to strike out for them. Wake up America, it's not going to happen, it IS happening. 
Oct 11, 2013 1:19PM
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DAMN RIGHT! OBAMA HAS SIGNED 923 EXECUTIVE ORDERS! FOR WHAT? WHERE IS THE
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.
Oct 11, 2013 1:55PM
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King Obama (as he thinks he is) is the worst thing that has happened in American history.  His "law of the land" is assine and stupid.  I honestly don't know how much more the American people can take of this idiot.  He says one thing, does something else, lies about time lines of when he knew and didn't know about such things as Bengazi and the IRS scandal.  America certainly deserves better than we are getting with his rule. 
Oct 11, 2013 1:54PM
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Obama's inexperience and arrogance is very evident on how he leads this country. Too bad liberal media supports this incompetent leader. The demise of this country will not be the work of one man, but with the collaboration of others. God bless the USA.
Oct 11, 2013 2:23PM
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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.

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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.

Oct 11, 2013 1:30PM
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The President should not be the Commander-in-Chief of the Military. This is one of the greatest powers in the world and one person is in charge. Congress can consulted after the war has started and then can, but often doesn't declare war, such as Korea,  Viet Nam, Iraq, and  Afghanistan. This job should be left up to the Congress. The hunger for power of the current president is obvious, and real. The past presidents had at least the decency to hide their thirst for power.
Oct 11, 2013 2:16PM
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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

Oct 11, 2013 2:02PM
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Too late Jack, GE kissed his **** way too much; now you find out EXACTLY what you got into bed with!!!
Oct 11, 2013 1:19PM
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MILLION MASK MARCH please join if your sick of the same crap we have been getting. Basic search will give you information.
Oct 11, 2013 2:18PM
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James Woods had it right - Obama is an "Obamanation" and the worst and most destructive President ever.  He is no American and is trying to destroy everything good about our nation!
Oct 11, 2013 2:16PM
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Yes, he needs to realize that he is a president and not a KING. Presidents have to give and take with the members of the opposition party. They can't just go sign an exec. order to get something he wants done. It must be approved by the Congress, both House and Senate, who are representatives of WE THE PEOPLE. This guy has made every effort to drive this country into the ground. ITS A MESS!!!!!!!!!!!
Oct 11, 2013 2:05PM
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KING OBAMA rules.....for another 4 years.  We should be pretty well ruined by the time his eight years are finished.  His agenda is changing America forever and our best days and most prosperous days are  a thing of the past. The change he has brought has defininately been for the worse NOT the better. He is an egotist who doesn't have a clue about what to do with our economy.....I feel sorry for our future generations.
Oct 11, 2013 2:05PM
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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.

Oct 11, 2013 2:43PM
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We need the States to convene a Constitutional Congress - New Rules -

1) Presidential Terms reduced to 4 Years !

2) Congressional Term Limits - No more Career Politicians Drunk with Power !

3) Mandatory Balanced Budget !

4) Term Limits for the Supreme Court

5) Make it Unlawful to Spy on US Citizens - Period - No more Excuses

6) Abolish the IRS and Institute a Flate Tax

7) Bring our Military Home

8) Give States their Power Back !

9) Abolish the Dept of Homeland Security!

10) Make it illegal for Cabinet Levels to establish Laws without Congress

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