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8 Responses to "NC furniture company, hailed in 2011 by Obama as a job creator, closing doors (UPDATED)"

Drew the Infidel says:

January 4, 2013 at 5:12 pm

Call it “kiss of death” or reverse Midas touch, whichever, the bottom line is Obhammud is bad for business. Remember when he touted Solyndra as the shape of things to come? And that diner at which he ate on a campaign stop that soon went belly-up? When business owners see this guy coming they should take it as their fair warning the way ordinary citizens heeded theirs in Biblical times when approaching lepers.
Great White Rat says:

January 4, 2013 at 5:50 pm

The company was not receiving the orders it needed to sustain its operations, Causey said.

And there’s the crux of the matter.

Now, show of hands, please….who thinks the company would have received more orders this year when people and businesses have even less money for furniture because of Obama’s tax increases and Obamacare costs?

No one? OK, Zach maybe, but we’re talking about the real world here, not the socialist Utopia fantasy world he lives in.

Anyone who’s even mildly familiar with Econ 101 can see the effects of these policies. But trying to explain basic economic principles to a leftist is like trying to explain the rules of football to a chicken. And the chicken would do a better job of improving the economy than Obama because the chicken wouldn’t mess around with it.
Carlos says:

January 4, 2013 at 10:31 pm

My guess is that CFO Ben Causey punched in the real numbers and realized that healthcare costs would be prohibitive, talked some sense into Cochrane, and they couldn’t get an exemption because they weren’t major donors to Teh Won’s campaign.

Kiss of death, indeed!
Carlos says:

January 5, 2013 at 10:12 am

Maybe we can start a running log of companies that have been “KOD”ded (“Kiss of Death”ed) by this administration? It would be interesting to see how long it would become, and just how much taxpayer money went down each rathole, and just how much of that taxpayer money ended up in Democrapic coffers (and Obhammed’s pockets).
Tom TB says:

January 5, 2013 at 11:11 am

0bama’s Midas touch has been on the industries he wants to severely restrict or ban if he can get the votes…GUNS! He has sold more firearms, magazines, and ammunition than any other President!
Polly says:

January 5, 2013 at 11:52 am

Owner Bruce Cochrane is missing a sure bet. Quit making that dumb furniture (no one can afford it any way) and start making solar panels. Obozo will surely dump $500 million dollars on your company. Why not? He is doing it for others.
From around the blogroll « THE FIRST STREET JOURNAL. says:

January 6, 2013 at 8:19 am

[…] the swearing in of Governor Pat McCrory as the Tarheel State’s new governor. She also noted the folding of the Lincolnton Furniture Company, just a year after the President made a campaign […]
Carlos says:

January 6, 2013 at 10:24 am

Yeah, but Cochrane won’t dump $100M back into Obama’s “campaign” coffers (defined as “his personal bank accounts” when he leaves office, if he ever does leave the presidency) like the unions do, Polly, so the chance of him ever getting a penny of support from the Liar-in-Chief is somewhere between zilch and non-existent.

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