Back in March, CNBC in what seemed to be an effort to pander to critics on the left, officially named former DNC chair and former Vermont Gov. Howard Dean a CNBC contributor.
But aside from campaigning for left-wing MoveOn.org causes in his spare time, Dean will appear on daily CNBC programming. But on the May 7 "Power Lunch," Dean, a contributor for the network with the slogan, "First in Business Worldwide," explained to viewers we've had enough capitalism after conservative radio talk show host Jason Lewis derided the president for supporting bailouts over bankruptcy. (h/t IHTM)
"I think we had quite enough capitalism in the last eight years and I think we need some regulation now," Dean said.
Aside from attacking what went on during the Bush administration, as his colleague CNBC colleague Keith Boykin did before him, Dean also praised President Barack Obama's paltry $17 billion in cuts from his $3.6 trillion budget. But, he also said more cuts and revenues would be needed and admitted supporting a carbon tax.
"It's a good start," Dean said. "It's not a lot of money by federal budget standards. It's a great deal of money by most of our standards. It's a decent start and oddly enough, it's almost exactly what George Bush tried to cut and was turned down by his own Republican Congress. Getting Congress to cut stuff is tough. And let's not full around here. You've got to make bigger cuts. You're also going to have to have some revenue increases to pay for all this stuff. There's no question about that. And my favorite is a carbon tax."
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In the last 8 years? It is
May 8, 2009 - 01:57 ET by MrSnugglesIn the last 8 years? It is almost like Bush invented this evil contraption we know as "capitalism", and before he did that the world was full of lollipops and rainbows.
Oh, brother
May 8, 2009 - 02:49 ET by danebramageSurely Dean isn't so stupid that he thinks anything remotely resembling lassez-faire capitalism has been practiced in this country in decades? Well, Dean probably is that stupid, but never mind...
Of course not
May 8, 2009 - 08:55 ET by ReaverOf course Dean isn’t this stupid, he’s just mouthing the standard Dem talking point that we had “runaway capitalism” under Bush and the solution is some heavy handed government central planning. Says something about their opinion of our intelligence, doesn’t it?
If stupidity got us into this mess,
then why can't it get us out?
--Will Rogers
Dean is a politician and
May 8, 2009 - 11:35 ET by kgDean is a politician and politicians LOVE big government.
"DumbAssity of Dope"
Dean and his knife in the back FAVORITE is the carbon tax
May 8, 2009 - 02:00 ET by upcountrywaterLets build nuclear power plants then... umm NO
Energy Future Holdings' plans to build two more nuclear reactors received a setback this week.
The company failed to advance in a competition to receive federal loan guarantees for the multibillion-dollar project.
NO TO OIL & COAL
NO TO CAPITALISM
DEAN SCREAM
Reagan VS 0bama
They don't even hide it anymore
May 8, 2009 - 02:01 ET by KC MulvilleQuite enough capitalism? Howard Dean is to politics what Olbermann is to broadcasting.
KC, the scary thing is that
May 8, 2009 - 05:37 ET by motherbeltKC, the scary thing is that quite a few people in this country are thinking Yeah, that's right!
Too bad Dean didn't explain just what he meant by "regulation." There are already laws on the books that businesses have to follow. So what he has to mean things like limiting profits, limiting executive pay, etc.
And you know that there are a lot of people who will think that's a great thing, including the President. And he just might have a Congress willing to enact what he wants.
They might say "Wow, that sucks!" But at least they'll say "Wow!" -Duff Goldman, the Ace of Cakes
That's the key MB. When we
May 8, 2009 - 08:00 ET by EdhenryThat's the key MB. When we had problems before, we could always rely on populi to turn to personal responsibility = personal freedom.
The pols will always be dopes and ignorant of economics. But now too many people now are beliveing them (most of them deliberately unproductive people who don't care where their largess comes from).
Its not that the politicians are dumb, its that more people now believe them, or dont care.
Confidence
May 8, 2009 - 07:42 ET by Old SaltWhen Colin Powell can go on TV and say "Americans want more taxes and more government", and Dean comes out with "We've had quite enough capitalism.", you have to wonder what kind of crazy talk these Democrats carry on behind closed doors.
With a president, who publically brow beats corporate America, a first lady, who encourages women not to plan careers in corporate America, and a press that promotes the president's agenda, Democrat crazies are feeling confident enough to voice their far, far left beliefs.
And the really scary part is that so much of this socialist/statist/anti-capitalist insanity is going to become policy.
What's the opposite of capitalism?
May 8, 2009 - 05:25 ET by freecitizenIF we've had enough capitalism, then what is the alternative? We all know they get apoplectic if you call them socialists. So what exactly does Dean want? Give it a name. Dems will tell you all day what they are against but try to keep secret what they are actually for.
Typical hypocrisy. If they believe so much in their ideas and believe that is what the public wants, then why do they constantly conceal and lie about what it is they are actually trying to do?
Liberal: remove all that's Right, and this is what's Left.
Funny how Dean and his
May 8, 2009 - 06:37 ET by George S PattonFunny how Dean and his fellow travelers dig capitalism when they want donations.
People like Obama, Dean,
May 8, 2009 - 07:11 ET by rimskyPeople like Obama, Dean, Pelosi, Reid, Kennedy, et al, have obviously never favored anything having to do with free markets, capitalism, or free enterprise. For years they've veiled their socialistic fantasies by implementing policies that appeared well intended, but which were, truthfully, nothing but sneaky attempts to establish communist-like central control. It's quite revealing, now that they are in such a majority, to see their heart of hearts on display when they make such statements like "I think we had quite enough Capitalism". They are quite orgasmic at the prospects of seeing their socialistic, utopian world coming into fruition.
I'm with Rush. I hope they fail.
The thing is...
May 8, 2009 - 07:59 ET by Paul AtreidesDaWun, aka Obama, Pelosi, Dean, etc., don't have any reservations about taking advantage of the capitalist system when it comes to writing books and investing; and, they have, apparently, done quite good at it, common folks that they are.
What he means isl....
May 8, 2009 - 07:42 ET by Paul Atreidesthat "we" have had quite enough capitalism for the "little people."
We've had enough of Dean on
May 8, 2009 - 07:57 ET by ConservativeRexWe've had enough of Dean on the scene. Wasn't he embarassed enough from 2004? Along with no sense of irony, these libs have absolutely no sense of embarassment, or pride, or shame or on and on and on.
How much...
May 8, 2009 - 08:01 ET by Paul Atreidesfreedom, liberty, and personal wealth are people going to have to lose until they have had enough of these politicians?
I fear that things have to get extremely bad before they will get better.
The colonists
May 8, 2009 - 08:45 ET by Lord Erondstarted the revolution over far less abuses and corruption than we have today. The real dilemma is, we can't have a violent overthrow because then we look like some toilet of a third world country in Central America. But there has to be some point at which all this socialistic agenda is stepped on. I wish I knew what it was.
"I'm against fascism, but I wouldn't mind eliminating all the liberals" -Unknown
Glock + Pb = Freedom from Fascists
As if Howard Dean works for
May 8, 2009 - 07:57 ET by P. AaronAs if Howard Dean works for free.
STUPID A--HOLE
May 8, 2009 - 08:42 ET by Lord ErondDean's mother should have aborted him. I'm so sick of this line about "We need more regulation" when it was the liar in chief and his democratic buddies who spiked fannie and freddie legislation back in 2005-2006 proposed by Bush and sponsored by John McCain. This is the DEMOCRATS fault, NOT capitalism.
"I'm against fascism, but I wouldn't mind eliminating all the liberals" -Unknown
Glock + Pb = Freedom from Fascists
It Was a Lack of Regulation!
May 8, 2009 - 08:59 ET by slickwillie2001One can make a pretty good case that lack of regulation of Fannie and Freddie led us to this financial collapse, and democratics fought against that needed regulation every inch of the way while President George W. Bush, Bernanke, Greenspan and many Republicans in Congress pleaded for more regulation. How many times do we have to listen to Barney telling us that nothing was wrong with Fannie and Freddie?
regulation
May 8, 2009 - 09:11 ET by AgnosticActually I can rarely support increased regulation and this is another case that 'lack of regulation' was NOT the problem but a symptom. The degree of government involvement in FM/FM is the problem. The regulations are in place if this was a private organization. What we need is for the government to get out of the private sector and properly enforce those regulations that are in place.
After that we can start getting rid of the regulations that are primarily in place to allow political and legal loopholes for politicians, power brokers and their families.
A person may be won over with logic and reason but the masses must be bought with spectacle and platitudes. - 2008 Elections
HMMMMMMMMM
May 8, 2009 - 09:23 ET by rick007Isn't it ironic how all of these do gooders that made millions off of Capitalism' are so dead set against the rest of us to reap the same rewards?
a reason their against capitalism and its
May 8, 2009 - 09:33 ET by AgnosticFor the same reason they want to tax income and not wealth.
A person may be won over with logic and reason but the masses must be bought with spectacle and platitudes. - 2008 Elections
dup
May 8, 2009 - 09:50 ET by AgnosticDup of toofatfinger
Hay, Howie
May 8, 2009 - 09:33 ET by CobraMan"it's almost exactly what George Bush tried to cut and was turned down by his own Republican Congress."
Hay, Howie, the DEMOCRATS were in control of Congress when Bush proposed those cuts you cite, just as they have been since the 2006 mid-term elections. So, Howie, WHO turned down Bush's budget requests? Since we all know that it was the Democrats who turned down those reduction requests, WHO do yo think will turn them down again?
The Citizens of each State shall be entitled to all Privileges and Immunities of Citizens in the several States.
The US Constitution
Unless you're a fetus.
The US Supreme Court
Move to Europe Howard
May 8, 2009 - 09:39 ET by clubchamp6"My favorite is a carbon tax"
Why don't we enforce the carbon tax on all of the people who voted for Obama.
Or maybe they can get the "revenues" from the 539,000 people who lost their jobs in April.
How can the government call tax collections revenue....it is more like theft.
Carbon Tax
May 8, 2009 - 10:59 ET by Kingfish17When we get a carbon tax, Democrats will figure a way to "return" as much as possible of this tax to lower income and zero income voters. So if someone is getting the so called Earned Income Credit, and their utility bills go up $2,000 a year, they will get a check from the government for $1,500 a year.
Unfortunately, most of these people are too stupid to realize that they are out $500 a year. They will just think that Obama loves them, is giving them $1,500 a year, and that the nasty utility company is ripping them off.
Re Carbon Tax
May 8, 2009 - 11:18 ET by slickwillie2001There's a proposal to show people exactly what a Carbon Tax costs them on their utility bills, it's called the 'Cap and Trade Tax Disclosure Act', which would require utility companies to show on their bills how much of the monthly bill was due to CC&T taxes. (Ref)
Now even if this is passed, which is unlikely, taxpayers won't have visibility of the imbedded CC&T taxes, like the higher cost of food because the grocery store's utility bill will skyrocket, etc.
Utilities are already charging us for the government mandates that require a certain portion of their generation to come from Gorean 'green sources' like windpower. The law allows them to simply pass those costs on to their customers. They are costs, because none of these alternative sources of energy can pay for themselves. Those costs are not detailed on utility bills, and they should be.
Does anyone actually listen to this moron?
May 8, 2009 - 11:13 ET by MightyMouth"There are two types of people in this country; those who provide freedom and those who enjoy it." MM says...
MM... I know one
May 8, 2009 - 11:21 ET by bigtimerMM...
I know one thing...I don't.
One time, and one time only, were the words from his mouth music to my ears...in Iowa, long ago...The Dean Scream was priceless!
Doubling down on stupid is not a particularly good idea. ~Andrew Breitbart
Let's See Him Tax Without It
May 8, 2009 - 12:24 ET by 800Carthmmm.. a prosperous society needs what??? Let's see him try to have big government without capitalism....
favorite tax
May 8, 2009 - 13:05 ET by katainkentYou have to be a crazy person to have a favorite tax. This administration is going to squeeze business out of this country. Revenues are going to dry up. You already see the desperation in the eyes of congress.
What happens with the money addicted government runs out of cash and can't get the foreign loan sharks to make anymore deals?
Hold on ‘cause the world will turn if you're ready or not ~ KT Tunstall
If anyone was ever asking
May 8, 2009 - 15:08 ET by fitzfongIf anyone was ever asking for the beating of a lifetime, it's this economically illiterate, arrogant quack Howard Dean. Seriously, what kind of carbon tax can be put on that gasbag?
"Socialism is a philosophy of failure, the creed of ignorance, and the gospel of envy, its inherent virtue is the equal sharing of misery." -Winston Churchill
I don't know what all the
May 8, 2009 - 15:57 ET by b4m4wyI don't know what all the fuss is about. I mean he is talking about budget cuts of .47%. Doesn't that mean anything? I mean he is trying, right????? As Dean says, " It's a good start"
and sure it is more than 0. But wait until next year when he decides to double the budget again. When he starts talking about his giant budget cuts, he may even make it to .5%. Oh, I dream of those wonderful days to come.
Why was it in there?
May 8, 2009 - 17:06 ET by slickwillie2001It's also a projected cut to a budget that hasn't been implemented yet. That's much different than cutting some active program or spending-under-way. The question that should be asked, -if this $17B is worthy of being cut today, why didn't you just not put it in the budget two weeks ago?
Dean's had "enough" of capitalism?
May 9, 2009 - 08:21 ET by SFCMACI've had enough of mealy-mouthed Dean.
"On the Eighth Day God Created the United States Army and the Devil Stood at Attention"