Tom Hackett is hating Obama because he is a business failure and he is blaming the president and some new regulation instead of his business plan of selling high end overpriced meats. The Washington Post and Tribune newspapers put out an article about the tough economic times in rural red states like Rome Georgia where Mr Hackett's meat business was located. Mr Hackett was furious that the bank stopped lending money into his struggling business that had allowing him to tap the resources. he was able to keep a his truck and big home payments going through this business and bank loans that kept coming.. That basically is the sad fact of the small business class in America. Most have worthless businesses that will ultimately fail and provide few jobs in the local economy. Their business benefits primarily them and having continuous bank loan access makes their lifestyle higher than it need to be.
Mr Hackett opened up his meat store in 2008 for an outlet for successful people like him who love grilling meat on expensive outdoor grills. back then he was making huge money as a developer and home builder building all these McMansions through loans provided by banks that nearly brought down the economy. Now the jagoff blames Obama for today's economic struggles instead of looking at folks like himself. if a bank determines that this hams business selling overpriced meat in an area that has folks that can't afford it, the bank does not have to keep lending the guy money. people like Mr Tackett in racist red states need to realize that things will not continue to what they were accustomed to in the past. White business owners use being subsidized by bank loans to keep an unsustainable lifestyle going are starting to see that is your business is not profitable and doing anything then your loans may not continue as it has in the past. Mr Hackett should never have even been allowed to open up a high end butcher shop in Rome, Georgia but his influence as a homebuilder allowed him to start something else with his meat grilling passion. Thankfully new regulations will put an end to these absurd dreams and passions of rich people to further exploit the system for themselves.
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