Home Depot founder rips Obama WH as “tenured” academics, apologizes for creating jobs

posted at 4:12 pm on September 17, 2010 by Ed Morrissey

No one in the White House knows how to create jobs, and Bernie Marcus knows why. On CNBC, the founder of Home Depot blasted Barack Obama and his administration as a collection of tenured dilettantes who have never had to meet a payroll in their lives. Greg Hengler offers a couple of juicy excerpts from his appearance, especially when Marcus starts “apologizing” for having created over 300,000 jobs through the kind of entrepeneurship that the current White House wants to discourage:

Lest one think that all Marcus does is complain, he offers a suggestion to Obama to get in touch with the common folk (via RightNetwork):

Admit it — this makes you more inclined to start a new, do-it-yourself home improvement project, doesn’t it?


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It won’t make it to the big-eared bozo in the WH.

belad on September 17, 2010 at 4:15 PM

They are examining his salary and bonuses at this very moment. Expect a tax audit from the IRS.

slickwillie2001 on September 17, 2010 at 4:17 PM

CNBC – the one NBC channel worth watching!

CityFish on September 17, 2010 at 4:17 PM

Ouch

Wade on September 17, 2010 at 4:17 PM

Obomunist is sitting in the corner, rocking himself with his hands over his (very large) ears saying lalalalalalalala

sicoit on September 17, 2010 at 4:17 PM

This is what happens at 100mph and ALL eighteen wheels fall off…..

adamsmith on September 17, 2010 at 4:17 PM

a collection of tenured dilettantes who have never had to meet a payroll

Yeah but they know all about Obamanomics!

GarandFan on September 17, 2010 at 4:17 PM

Admit it — this makes you more inclined to start a new, do-it-yourself home improvement project, doesn’t it?

Suddenly I have an urge to put some crown molding in the living room.

And CNBC is going to need a repaint, because that critique was blistering.

portlandon on September 17, 2010 at 4:17 PM

Time to install that crown molding I’ve been wanting!

Meric1837 on September 17, 2010 at 4:18 PM

OT, The headline above says Murky is going start her campaign tonight. Dang, if that’s true will Miller lose?

sandee on September 17, 2010 at 4:19 PM

I’m sorry for who I am. I’m sorry I made wealth. I’m sorry I created jobs.

If you’re not now, Obama and his tenured buddies will make sure you are very soon.

Tommy_G on September 17, 2010 at 4:19 PM

Evil rich guy. We need to confiscate some of his and Home Depot’s money.

hawksruleva on September 17, 2010 at 4:19 PM

It’s not like none of this was known before the election.

BetseyRoss on September 17, 2010 at 4:19 PM

Welcome to the regime’s and left/media complex’ enemies list, Mr. Marcus.You’re about to have your trash gone through.

Dr. Carlo Lombardi on September 17, 2010 at 4:20 PM

That reminds me – I need to buy a fire extinguisher and a brush axe.

hawksruleva on September 17, 2010 at 4:20 PM

I idolize men who speak like men.

Not men who speak like they’ve undergone a “chop-a-dick-to-me”.

The GOP leadership needs to undergo – an “add-a-dick-to-me”

jake-the-goose on September 17, 2010 at 4:20 PM

I own some HD stock. Hope it goes up now.

kurtzz3 on September 17, 2010 at 4:20 PM

It’s not like none of this was known before the election.
BetseyRoss on September 17, 2010 at 4:19 PM

Yep. And, that’s the sad part. Some people saw this coming a mile away.

joejm65 on September 17, 2010 at 4:21 PM

tenured? I thought all Obama could get was an adjunct or lecturer position.

Wethal on September 17, 2010 at 4:21 PM

I’m doing all my hardware shopping at Home Depot from now on.

scrubjay on September 17, 2010 at 4:22 PM

Love this man. Loved his suggestion to Obama. But unfortunately this president doesn’t really want to meet the people to give him an earful. He couldn’t handle it. He doesn’t have the stomach for it.

The orange aprons will get my business from here on out!

sherry on September 17, 2010 at 4:22 PM

These are the people Obama wants to raise taxes on.

Then 300,00 jobs, goes down to 200,000 jobs.

That’s Progressive.

Kini on September 17, 2010 at 4:23 PM

CNBC – the one NBC channel worth watching!

CityFish on September 17, 2010 at 4:17 PMCNBC – the one NBC channel worth watching!

CityFish on September 17, 2010 at 4:17 PM

Used to think so, too. But Joe Kiernan is one of the only guys, at least in the morning, who seems to get it.

DrStock on September 17, 2010 at 4:23 PM

Well, we know who Olby’s Worst Person in the World is going to be next…..

(not that anyone watches of course)

search4truth on September 17, 2010 at 4:23 PM

“They don’t have a clue what they’re talking about.”

He needs to be banned from the US. Zero tolerance for this sort of dissent and misinformation. Maybe we’ll have enact the Home Depot Founders’ Punitive Tax Act…or something.

BobMbx on September 17, 2010 at 4:24 PM

OT, The headline above says Murky is going start her campaign tonight. Dang, if that’s true will Miller lose?

sandee on September 17, 2010 at 4:19 PM

It means the Dem will win.

ladyingray on September 17, 2010 at 4:24 PM

Obama tells Republicans “You Can’t Have The Keys Back, You Drove The Economy Into The Ditch”
If the economy really were a car, and the people we now have serving in public office were mechanics, we would have fired them all by now, and reported them to the Better Business Bureau. We surely would have changed the fuel blend we are currently trying to run the economy – (Hope & Change) turns out unicorns, and rainbows, won’t power – super power’s economies. If your mechanic presents you with a HUGE BILL, and turns around and tells you, your car is still going to sputter, and stall out, at about 10% unemployment, you fire your Mechanic.

Zen and the Art of Government Maintenance.</strong>

Dr Evil on September 17, 2010 at 4:25 PM

The fat man in New Jersey has set the tone.

This is almost as porn-a-licious as Chris Christie.

Yipee-ki-yay, MF

John the Libertarian on September 17, 2010 at 4:25 PM

American Family Association is boycotting the Home Depot right now due to their support of the homosexual agenda. I appreciate what this guy says, but still not shopping there. I have Lowes, Menards and HD all right by me so plenty of choices.

kerrhome on September 17, 2010 at 4:25 PM

Well, we know who Olby’s Worst Person in the World is going to be next…..

(not that anyone watches of course)

search4truth on September 17, 2010 at 4:23 PM

What’s her name, uh..its escaping me…. watches Keith.

BobMbx on September 17, 2010 at 4:25 PM

On CNBC, the founder of Home Depot blasted Barack Obama and his administration as a collection of tenured dilettantes who have never had to meet a payroll in their lives.

Gee, that message sounds familiar.

Oh, that’s right. I’ve been saying that for about three years.

And so have millions of other informed Americans.

UltimateBob on September 17, 2010 at 4:25 PM

One of the very few credit cards I still have and use is my Home Depot card. Love me some Home Depot! XOXOXO

sicoit on September 17, 2010 at 4:26 PM

Not only did this man create hundreds of thousands of new jobs, but he used the wealth that generated for him to give back to his community in a big way, underwriting pretty much the entire cost of the Georgia Aquarium in Atlanta, which was built without any government funds and has helped revitalize downtown Atlanta. It’s fabulous.

In November 2001, Bernard Marcus announced his idea to construct an aquarium as a present to Atlanta, Georgia that would encourage both education and economic growth. Marcus and his wife Billi visited 56 aquariums in 13 countries to research and design a structure, and finally donated $250 million toward Georgia Aquarium’s construction.[4] An additional $40 million dollars in financial contributions was donated by major corporations including the Coca-Cola Company, Turner Broadcasting, Home Depot, UPS, AirTran Airways, AT&T, Georgia-Pacific, Time Warner, SunTrust and Southern Company.[4] The corporate donations allowed the aquarium to open debt free.

Right across from the Aquarium is the World of Coca-Cola, another wonderful monument to capitalism that is also a great family destination.

rockmom on September 17, 2010 at 4:27 PM

Preach it, Bernie!

Blake on September 17, 2010 at 4:27 PM

Dang – that was sweet.

gophergirl on September 17, 2010 at 4:28 PM

I bet he gets thrown off the WH Xmas card list (if they have one).

GnuBreed on September 17, 2010 at 4:28 PM

Oy, that’s good.

The problem is, and I think Marcus implied this, is that the people in Washington now running things believe that the purpose of the private sector is to provide the resources and capital for the goverment to distribute and use.

Public sector first, private sector second.

No. The purpose of the state is to help create the best environment for the private sector to thrive. Yes, we need regulations and laws to keep the private sector in check. But the state serves the private sector, the private sector doesn’t serve the state.

Until the folks in Washington get this straight, we’re simply not going to turn things around.

SteveMG on September 17, 2010 at 4:29 PM

Love it :) going to Homedepot tomorrow and buy some more paint, I love their paint! Maybe more peeps that run a biz will start telling Obama how ridicules he is.

nwpammy on September 17, 2010 at 4:29 PM

American Family Association is boycotting the Home Depot right now due to their support of the homosexual agenda. I appreciate what this guy says, but still not shopping there.

kerrhome on September 17, 2010 at 4:25 PM

So you’re going to let your hatred of a small class of Americans trump America’s economic well-being?

UltimateBob on September 17, 2010 at 4:30 PM

Thank you Mr Marcus for CREATING 320,000 jobs.

Planning on painting a few rooms in the house this month. Home Depot will be my first stop.

journeyintothewhirlwind on September 17, 2010 at 4:32 PM

This guy’s delusional if he thinks Barry would “learn something” by going out among small businesspeople. Barry doesn’t want to hear opinions that differ from his own. He believes the crap he’s been fed all his life (from inside his Marxist echo chamber) about how “brilliant” he is.

Barry thinks he knows best. He’ll never own any of his massive failures; he’ll be rationalizing them away until the day he dies (e.g., the stimulus only failed because it wasn’t big enough; Obamacare was only unpopular and later repealed because the evil Republicans deliberately misinformed Americans about it; Iraq and Afghanistan fell apart because of George W. Bush’s mistakes, etc.).

AZCoyote on September 17, 2010 at 4:32 PM

Mr. Marcus, Cong. Waxman on line 1.

Kissmygrits on September 17, 2010 at 4:32 PM

Suddenly I have an urge to put some crown molding in the living room.

portlandon on September 17, 2010 at 4:17 PM


Time to install that crown molding I’ve been wanting!

Meric1837 on September 17, 2010 at 4:18 PM

WONDER TWIN POWERS … ACTIVATE!

Tony737 on September 17, 2010 at 4:33 PM

Wow Home Depot employs 300,000+ people. Let’s see what that number drops to after we jack up his taxes? This guy should be given a much bigger podium, Home Depot wasn’t always a mega corp. It was a small business once.

HotAirExpert on September 17, 2010 at 4:34 PM

Yeah, I want to just go out and build something after watching this.

But I can’t remember: it is right tighty, lefty loosey or righty loosey lefty tighty?

SteveMG on September 17, 2010 at 4:35 PM

this makes you more inclined to start a new, do-it-yourself home improvement project, doesn’t it?

OK. I’ll get started on the kitchen this weekend.

oldleprechaun on September 17, 2010 at 4:36 PM

Best post all day.

Claypigeon on September 17, 2010 at 4:37 PM

rockmom on September 17, 2010 at 4:27 PM

Thanks for that info. I had no idea. Very impressive and admirable.

But of course, these actions just happen and have nothing to do with capitalism, according to our illustrious president.

sherry on September 17, 2010 at 4:37 PM

Thanks Ed. Love that running elephant and the common sense approach of Bernie Marcus.

Vince on September 17, 2010 at 4:38 PM

When you are play acting out “dreams of my commie anti-Colonialist father” who needs a job?

What’s a job?

tarpon on September 17, 2010 at 4:40 PM


“They have no clue.”

Awesome in its simplicity and accuracy.

This was almost as cool as when Hermen Cain took Bill Klinton to school right to his face.

Tony737 on September 17, 2010 at 4:40 PM

Obama knows sooooo much more than this dumb rube.

Cicero43 on September 17, 2010 at 4:42 PM

Mr. Marcus, Cong. Waxman on line 1.

Kissmygrits on September 17, 2010 at 4:32 PM

Tell him to go F himself!

Vince on September 17, 2010 at 4:43 PM

You would think that, with all the hanging around Home Depot that BiteMe claims to have done (when he wasn’t sharing coffee in that extinct diner), VP Joe would have heard some of the stories that Bernie Marcus is talking about. Marcus’s criticisms are richly deserved smackdowns of this administration.

Just as during the Great Depression, people are relearning how to make do, repair, or do without. All of them, regardless of income tax bracket, would like to hold on to their money and not see it frittered away in Utopian social programs that destroy incentive and real hope.

onlineanalyst on September 17, 2010 at 4:43 PM

I’m just a old working class woman and the administration ticks me off. I can only imagine how angry I would be if I had built a successful business like he and many others did. Obama has misread the people of this country in so many ways it’s stunning.

scalleywag on September 17, 2010 at 4:44 PM

I bet he gets thrown off the WH Xmas card list (if they have one).

GnuBreed on September 17, 2010 at 4:28 PM

That would be the “Winter Holiday” card list. Or maybe the Ramadan card list.

Cicero43 on September 17, 2010 at 4:44 PM

awesome. And he has to speak up, because Home Depot will likely fold if this economic pattern isn’t reversed very soon.

rayra on September 17, 2010 at 4:44 PM

Admit it — this makes you more inclined to start a new, do-it-yourself home improvement project, doesn’t it?

Yeah, but if I do I’m going to Lowes. :D I do want to build a new desk…

modnar on September 17, 2010 at 4:44 PM

Nancy Pelosi could tell this joker a thing ot two about markets and how they’re a force in the economy, an’ stuff.

Cicero43 on September 17, 2010 at 4:45 PM

There’s no evidence that this president is capable of learning.

He ingests information and then uses his warped, delusional world view to process it.

The utter nonsense his believes, filters all sense and reason out of anything he is told.

Barack Obama is an utterly worthless, useless human being.

That’s OK in academia, it does real harm when people who should know better, elect jackasses like him to positions of power.

NoDonkey on September 17, 2010 at 4:45 PM

Ol Jug Ears will be gettin it from Moochelle tonight!

Ogabe on September 17, 2010 at 4:46 PM

I work weekends at HD in the plumbing department.
Great place to work.
As for Bernie…

THAT’S THE POWER…OF THE HOME DEPOT!

Sefton on September 17, 2010 at 4:47 PM

I usually go to Lowe’s because there is one near my house. However, I think this time I’ll stop at Home Depot and see if they have paint I was going to use to repaint one of my windows. There is a room in my basement that I’ve been meaning to install crown molding in, so maybe that little project will be moved along now, too.

djm1992 on September 17, 2010 at 4:48 PM

Will leftists now boycott Home Depot?
Will Home Depot now get the Whole Foods treatment?

ignatzk on September 17, 2010 at 4:48 PM

How can any right minded individual support the lunacy of the left.

rjoco1 on September 17, 2010 at 4:49 PM

Admit it — this makes you more inclined to start a new, do-it-yourself home improvement project, doesn’t it?

I think I’ll pay a visit to Home Depot tomorrow. That was one heckuva smack down.

simkeith on September 17, 2010 at 4:49 PM

WONDER TWIN POWERS … ACTIVATE!

Tony737 on September 17, 2010 at 4:33 PM

Dr. Egon Spengler: Don’t cross the streams.
Dr. Peter Venkman: Why?
Dr. Egon Spengler: It would be bad.

portlandon on September 17, 2010 at 4:51 PM

Saw this and dropped $30 at The Depot rather than the mom and pop place I usually go to.

Well done, sir.

RedNewEnglander on September 17, 2010 at 4:51 PM

There’s got to be something I need from Home Depot…anything! Love that this CEO is coming out and laying it on the line, boldly saying what everyone else is thinking.
I know what I’ll get–NUTS, and I’ll send some to the White House. Cause obviously, Home Depot has big ones.

varnson on September 17, 2010 at 4:51 PM

there goes his chance at getting enrolled in OBAMACARE…..

Kathleen, oh Kathleen, can you censure this guy and cut his healthcare off?????

SDarchitect on September 17, 2010 at 4:52 PM

It means the Dem will win.

ladyingray on September 17, 2010 at 4:24 PM

No, she will end up looking stupid like Crist.

barnone on September 17, 2010 at 4:53 PM

Admit it — this makes you more inclined to start a new, do-it-yourself home improvement project, doesn’t it?

Funny… our production company just got another pickup for a DIY series.

I love watching all the transformations.

The Ugly American on September 17, 2010 at 4:53 PM

What this country needs is more guys like this running for office.

Successful business owners, people who employ others.

NoDonkey on September 17, 2010 at 4:53 PM

Targeted by the Unions (with the help of Team Obama) by next week.

Financial, tax and racial quota people starting investigations soon.

Obama has sent Jesse Jackson, Rev. Wright and Al Sharpton to investigate.

Watch all the negative news pop up about Home Depot in the MSM. NY Times has probably pulled a couple of journalists off the Palin watch to investigate.

albill on September 17, 2010 at 4:54 PM

So you’re going to let your hatred of a small class of Americans trump America’s economic well-being?

UltimateBob on September 17, 2010 at 4:30 PM

WOW! UltimateBob, I don’t hate anyone. Not sure where you got that. I disagree with what HD is doing. It’s my right to do so. I’m supporting the heck out of Lowes and Menards. Certainly others are free to shop there.

kerrhome on September 17, 2010 at 4:55 PM

As a person who went back to school to pursue an MA (and hopefully a PhD) in history, I would just like to put out there that it is only the lib progressives that don’t have to work for it. Us conservatives either have to hide our views extremely well (hard to do) or produce work leaps and bounds above our peers in order to get a seat at the table.

I doubt I’ll ever get tenure. I would be fine by that except for one problem…the tenure system is also used to expel the heretic. If you are conservative and don’t get it, you’ll be out on your arse at the first slip-up (according to some of the other conservative profs I’ve met).

I believe that we need to take our universities back. I hope some other conservatives are willing to lower themselves to the position of professor and join me in the crusade or I’m afraid it will be all for naught.

Pattosensei on September 17, 2010 at 4:55 PM

He’s clearly evil. I mean, how dare he create a company that sales things that people want at affordable prices. Satan I tell you!

Vera on September 17, 2010 at 4:55 PM

The old saying is still true today: Those that can..DO…and those that can’t…TEACH. How in hell can they create jobs when every person in this administration is exactly what Mr Marcus is saying. Any business man worth his salt knows tha Obama and this administration are completely incompetent to run anything. Having the biggest deficit in history and the highest number of people in poverty in half a century removes all doubt Obama doesn’t have a clue.

volsense on September 17, 2010 at 4:55 PM

THAT’S THE POWER…OF THE HOME DEPOT!

Sefton on September 17, 2010 at 4:47 PM

I bet it’s a good company to work for. They really impress me in different ways. In Chicago, their customer service was atrocious for a long time and then one day I got a survey phone call from someone with a 20 minute q and a session regarding my experiences at HD. She said they have recognized their need to upgrade their service and wanted to hear from the customers. Within six months, it was very noticable that they had implemented change and upgraded their service to an outstanding level where it continues today. I wish more companies would do the same.

And doesn’t Home Depot hold the jobs of Olympians while they train and compete for the games? I heard that once and if true, that’s a grand gesture.

sherry on September 17, 2010 at 4:56 PM

There’s no evidence that this president is capable of learning.

He ingests information and then uses his warped, delusional world view to process it.

The utter nonsense his believes, filters all sense and reason out of anything he is told.

Nah, he just reads what’s on TOTUS.

sicoit on September 17, 2010 at 4:56 PM

Time to stock up on incandescent light bulbs, where you may ask, why home depot of course.

fourdeucer on September 17, 2010 at 4:57 PM

I loved the last clip. For some reason, his advice brought back to mind this fun clip from Mel Brooks.

It’s good to be the king.

simkeith on September 17, 2010 at 4:59 PM

Admit it — this makes you more inclined to start a new, do-it-yourself home improvement project, doesn’t it?

If I do, it will be supplied by Lowe’s, not Home Depot.

http://action.afa.net/item.aspx?id=2147496231
Lowe’s is run by real conservatives.

itsnotaboutme on September 17, 2010 at 5:04 PM

The old saying is still true today: Those that can..DO…and those that can’t…TEACH.

I take exception to that. I believe this is why all educators are liberal. It seems everyone on the right has zero respect for them. I can DO (I worked in the private sector in Japan), but I CHOOSE to teach. We’re already finding out that while all the DO-ers are doing, the teachers are still teaching and they ain’t teaching what the DO-ers want taught.

Pattosensei on September 17, 2010 at 5:05 PM

Argh. Wish I had a transcript to counteract the buffering.

Buy Danish on September 17, 2010 at 5:06 PM

I’m in love.

painesright on September 17, 2010 at 5:08 PM

kerrhome on September 17, 2010 at 4:55 PM

Sorry, that was a bit harsh. I do admire your adherence to free market principles (“voting with your dollar” as it were).

But as some who considers himself a true conservative, I believe in human rights for all Americans, including homosexuals.

UltimateBob on September 17, 2010 at 5:09 PM

Admit it — this makes you more inclined to start a new, do-it-yourself home improvement project, doesn’t it?

Planning a few anyway, but I could have gone to Lowes instead.

Esthier on September 17, 2010 at 5:09 PM

Christie/Marcus 2012!!

painesright on September 17, 2010 at 5:09 PM

“There comes a time when you’ve made enough money.”

-Barry O

Matticus Finch on September 17, 2010 at 5:12 PM

I like Home Depot and spend a lot of money there. My problem with them is that the raw wood stock they carry (plywood, oak, etc) is made in China! C’mon Bernie – Menards manages to find US made wood stock to sell (at the same price) so maybe you can too.

alilianstrom on September 17, 2010 at 5:13 PM

I was p’d off when Home Depot stopped carrying baltic birch plywood a few years ago because the environazis pressured them. Something about non-renewable sources or whatever. They are prone to giving in to the liberals, but most any retailer is. Still go there.

slickwillie2001 on September 17, 2010 at 5:16 PM

Bernie is the Lou Holtz of hardware.

BHO Jonestown on September 17, 2010 at 5:19 PM

I’m buying that ladder I’ve been postponing.

pedestrian on September 17, 2010 at 5:19 PM

Admit it — this makes you more inclined to start a new, do-it-yourself home improvement project, doesn’t it?

My husband and I are just embarking on a bathroom remodel. I’ll be sure to throw a bit of our business their way (incidentally, they have a 10% military discount–all you have to do is ask for it and show your military ID. The same is true for Lowe’s).

DrMagnolias on September 17, 2010 at 5:25 PM

Matticus Finch on September 17, 2010 at 5:12 PM

And he’s made enough. Time for him to go.

DrMagnolias on September 17, 2010 at 5:26 PM

OK, this makes the choice between Home Depot and Lowes easier; see you at HD.

Over50 on September 17, 2010 at 5:26 PM

I need to do some major HI shopping and I usually default to Lowes. Mr. Marcus is really making me re-think that and strongly consider HD after that rant.

mdenis39 on September 17, 2010 at 5:27 PM

I need some 50W spotlights. I am smack dab between a Lowes and a Home Depot. The Lowes is newer and easier for me to get in and out of, but tonight, and for now on, I am going to Home Depot. No more Lowes for me. I support those who are willing to speak the truth and fight back!

TheBigOldDog on September 17, 2010 at 5:33 PM

Comment pages: 1 2