OBAMA: THE "BLAME DUCK" PRESIDENT: Forbes: "Biggest Government Spender in World History"

OBAMA: THE ?BLAME DUCK? PRESIDENT: Forbes: ?Biggest Government Spender in World History"

Forbes Magazine calls Obama the biggest government spender in world history.

Yet, with all this spending he still seems to blame everyone else for his failed administration, despite all his spending. (See Forbes article below.)

?We expected a speech about economic policy on Thursday,? say two widely-praised economics authors, ?but what President Obama delivered was a political speech that demonized his Republican opponent and pandered to unions and other Democratic special interest groups with promises of vastly more government money.?

Craig R. Smith and Lowell Ponte, co-authors of the widely-praised recent books ?The Inflation Deception: Six Ways Government Tricks Us...And Seven Ways to Stop It!? and ?Crashing the Dollar: How to Survive a Global Currency Collapse,? are available to be your Talk Show interview guest to discuss this speech and President Obama's economic ideas.

?Mr. Obama's Cleveland speech at a government college, cheered by a crowd of government money beneficiaries, was the biggest barrage of distortions and outright falsehoods I've ever heard in what was billed as an economic speech,? says Ponte, a former think tank futurist.

?President Obama doubled down on government pouring billions into green energy companies such as Solyndra that have failed,? says Smith, ?yet to do this he must bleed the green energy of investment capital out of private companies that actually create America's jobs.?

?This is what Mr. Obama called asking the 'wealthy' to pay their 'fair share,'? said Smith. 'This is fine with me, so long as the government won't take their investment money at gunpoint if investors say 'No, we'd rather actually make successful jobs ourselves instead of having it taxed away and given to the President's cronies and major donors, as happened at now-bankrupt Solyndra and 80 percent of the other 'green energy' companies to which Mr. Obama gave taxpayer billions.'?

President Barack Obama got elected by promising hope, change, high ethics and a post-partisan uniting of our country.

Instead he has created the most partisan, polarizing, and anti-business Administration in American history, and his continued his attacks on free enterprise advocates in Thursday's speech.

?President Obama's failure to lead and seek compromise has turned what historically would have been a brief recession into a deep, nightmare Great Recession from which it could take a decade or more to recover,? say Smith and Ponte.

?Most politicians by the time they reach high office have learned give and take, the art of compromise to achieve what is best for the country,? says Smith, a monetary expert.

?President Obama instead went from being a radical community organizer, a master of confrontation politics, threats and deliberate polarization, to the Chicago political machine's presidential candidate.?

?He never matured as a political leader, and his radical ideology and tactics have produced a President who seems unable to compromise or craft ways that those on both sides of an issue can win.?

?President Obama's inability to lead or build consensus and agreement is making all of us losers,? says Smith.

?President Obama's idea of community organizer politics is collectivist, to get people to think of themselves as rival groups pitted against each other instead of individuals with shared values and goals,? says Ponte, a former think tank futurist.

?In Obama's world view, if one group wins another must lose, so the idea of seeking a win-win solution is simply unthinkable.?

?Even worse,? says Ponte, is that President Obama lacks the maturity to either compromise or admit that any of his disastrous economic policies have failed.?

?He has become a 'Blame Duck' President, who relentlessly blames others for everything that goes wrong and ducks taking responsibility even though he has been President for more than three years.?

?Yet Mr. Obama claims that everything from President George W. Bush to the troubles in Europe ? and not he ? are to blame for the fear and uncertainty that are holding back investment and hiring in the United States.?

?At first Mr. Obama was cheered around the world,? says Smith, but now as the German newspaper Der Spiegel and the BBC have just reported, the whole world is now beginning to recognize President Obama as a dismal failure who has misled all of us.? (See: Sources)

?We are all paying a terrible price for his unwillingness to change policies that clearly have failed,? says Smith. ?Even now, President Obama could be using the rush of Europeans seeking safety in the U.S. Dollar to help revive our economy...yet President Obama is so ignorant of economics, so unwilling to change, so hostile to investors and the free marketplace, and so eager to make taxes higher and government bigger that he is destroying America's future.?

?The President said he believes investors will want to come here and start good companies,? says Smith, ?yet he villifies those who succeed and promises to raise their taxes when America already has the highest business taxes on Earth. He simply doesn't understand how free enterprise works.?

?When President Obama has eliminated free enterprise, what kind of enterprise does he think will then exist?? says Ponte. ?Two possibilities exist: either unfree enterprise or no enterprise at all. And who, then, will make the wealth and other free goodies for President Obama to buy votes with??

?The President was right to say that voters face a choice between 'two fundamentally different visions' of society and government,? says Ponte. ?That choice is between collectivism, with government controlling all property and wealth, and free market individualism.?

?Mr. Obama said 'No, I don't believe the government is the answer to all of our problems,'? says Ponte, ?yet the only solutions Mr. Obama offered require higher taxes and bigger government, a vision of America as one big family run paternalistically by Godfather Barack Obama. This is a vision of America's future that I don't share.?

SOURCES:

?World Cools Towards Barack Obama ? Survey,? BBC News, June 13, 2012. URL:

http://www.bbc.co.uk/news/world-us-canada-18417967

Bruce Stokes, ?Germans Increasingly disillusioned with Obama,? SpiegelOnline, June 13, 2012. URL: http://www.spiegel.de/international/world/pew-survey-shows-germans-disillusioned-by-the-us-and-president-obama-a-838537.html

William Saletan, ?Blame Europe: Obama Ducks Responsibility for U.S. Unemployment....? Slate Magazine, June 8, 2012. URL:

http://www.slate.com/articles/news_and_politics/frame_game/2012/06/obama_blames_europe_his_economic_press_conference_ducks_the_bad_jobs_report_.html

LINK TO FORBES ARTICLE ON OBAMA BEING BIGGEST GOVERNMENT SPENDER IN WORLD HISTORY:
http://www.forbes.com/sites/peterferrara/2012/06/14/president-obama-the-biggest-government-spender-in-world-history/

QUESTIONS:

1. You say that President Obama got two things right ? but everything else wrong ? in his economic speech in Cleveland, Ohio. What did he get right?

2. What do you think he gets wrong, and why?

3. How do you see the ?impasse? in our politics and economy that President Obama spoke of?

4. How do you see the ?fundamentally different visions? of our politics President Obama discussed?

5. I've heard of political ?lame ducks,? but why do you call Barack Obama our ?Blame Duck? President?

6. You've said that government has grown by 25 percent under President Obama, yet the media doesn't talk about this. How do you figure this?

7. You say that President Obama's failure to lead is destroying our future. Where do you think he should lead?

8. With today's highly partisan politics, how can President Obama lead?

9. What do you think the consequences will be if President Obama, or Mitt Romney, win in November's elections?

10. How can people and families protect themselves from the political storms now blowing?

ABOUT LOWELL PONTE?

Lowell Ponte (PON-tee) is a former think tank futurist and was an editor Reader's Digest Magazine for many years during its heyday when it was one of the most widely read publications in the world. Lowell is co-author with of The Inflation Deception: 6 Ways Government Tricks Us? and 7 Ways to Stop It! (2011), and Crashing The Dollar: How to Survive a Global Currency Collapse (2010). Ponte?s articles have appeared in The Wall Street Journal, The New York Times, and many other publications. He is currently a columnist at Newsmax.com. Lowell has been a guest on "The Today Show," "Good Morning America," "David Letterman" and other programs.

Lowell has also been an aide in the California legislature, a reporter in Washington, D.C., a foreign correspondent reporting from 33 countries, co-partner in a successful Hollywood public relations firm, and a radio talk show host.

ABOUT CRAIG SMITH?
?The Face of American Small Business?

Craig R. Smith is an author, commentator and popular media guest because he instantly engages audiences with his common-sense analyses of local, national and global trends.

The Founder and Chairman of Swiss America Trading Corporation, Craig for 30 years has helped many thousands of people hedge against the problems of a weakening U.S. Dollar.

A monetary expert, Craig is the author of numerous books and articles including The Inflation Deception: Six Ways Government Tricks Us...and Seven Ways to Stop It! (June 2011), and Crashing The Dollar: How to Survive a Global Currency Collapse (2010).

Craig is also author of The Uses of Inflation: Monetary Policy and Governance in the 21st Century, a major White Paper published in February 2011. Recent media clips: www.craigsmith.com

?2012 Special Guests, Inc.
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