Home Depot Co-Founder: Obama Is Choking Recovery

Bernie Marcus co-founded Home Depot (HD) in 1978 and brought it public in 1981 as the U.S. was suffering from the worst recession and unemployment in 40 years. The company thrived, creating hundreds of thousands of jobs and redefining home improvement retailing.

But Marcus says Home Depot “would never have succeeded” if it launched today due to onerous regulation. He recently helped launch the Job Creators Alliance, a Dallas-based nonprofit of CEOs and entrepreneurs dedicated to preserving the free enterprise system. IBD recently spoke to him about jobs and the economy.

Leftism, the Religion

Many Americans find it difficult to understand why Jews on the left, including many who would call themselves “liberal” rather than “left,”continued to enthusiastically support President Obama after the revelations about the anti-Israel and anti-Jewish views of the Rev. Jeremiah Wright, the president’s religious mentor and close friend. This confusion is all the greater now that President Obama has humiliated the Israeli prime minister and created the tensest moment in U.S.-Israel relations in memory.

Likewise, many Americans wonder how Democratic congressmen who claim to be faithful, pro-life Catholics could vote for a health-care bill that allows for federal funding of abortions after opposing it up to the last day.

As we go over the cliff, just who is in the driver’s seat?

A few months ago, I asked the question, “How did we get here?”

If you have to ask where “here” is, then you may as well not read this column. But if you, too, believe that “here” is the end of the road for Western civilization, then you may as well read it and weep.

If you have to ask where “here” is, then you may as well not read this column. But if you, too, believe that “here” is the end of the road for Western civilization, then you may as well read it and weep.

I have explored a few possibilities already to explain the collapse of American values and American traditions in the past 50 years (which roughly correspond to my own life span up till now). Most of them seem to be linked to the phony Marxist philosophy of “redistribution of wealth,” whether in the guise of the New Deal, the Great Society, social justice or “the myth of permanent plenty.”

“Atlas Shrugged”-The Movie

Atlas Shrugged is a novel that has generated inspiration and controversy since its publication in 1957.Its theme is the role of individual achievement in society and its goal is to demonstrate what can happen when individual achievement is undervalued, suppressed and demonized. Complex characters embody heroism and evil, in a plot that combines drama, mystery, romance, and science fiction – the result is ultimately inspirational, not apocalyptic.

Charters of Freedom-U.S. Archives

In 1761, fifteen years before the United States of America burst onto the world stage with the Declaration of Independence, the American colonists were loyal British subjects who celebrated the coronation of their new King, George III. The colonies that stretched from present-day Maine to Georgia were distinctly English in character although they had been settled by Scots, Welsh, Irish, Dutch, Swedes, Finns, Africans, French, Germans, and Swiss, as well as English.