Friday, November 25, 2011

Langone: Recovery to Begin Once Obama Ousted

This is the best thing that I have read all day and I think there is a lot of truth to it. In my humble opinion I believe that Barack Obama is one of the biggest impediments to the recovery, through massive punitive regulations and red tape. The Obama administration has their boot on the necks of American business and there can’t be any noticeable recovery until Obama is finally out of office.
Money News --- The U.S. economy will embark on the road to recovery once President Barack Obama is voted out of the White House, says billionaire investor and Home Depot co-founder Ken Langone.

"If we change the faces in the White House, we're on the road to recovery," Langone tells CNBC.

"I believe it's that simple: we need leadership, we need cheerleading, we need encouragement," he told CNBC.

"We need businessmen and fat cats to feel like they're doing something good, not that they're villains and not that they're criminals. America's best days are ahead."

The U.S. needs leadership committed to cutting back on spending,