see previous comments on this in the comment section on Wayne Root on “FOX & Friends” on FOX News Channel on 9/9/09
Obama Makes Tragic Decision to Start Trade War with China To Appease Unions.
Whatever Unions Want, Unions Get from Obama- Even if it Destroys the U.S. Economy.
Obama Thinks Lincoln Saved the Union- The Auto Union, Teachers Union, Government Employees Union.
Is This All Part of a Plan to Destroy Capitalism and Introduce Socialism?
By Wayne Allyn Root, Author
The Conscience of a Libertarian: Empowering the Citizen Revolution with God, Guns, Gambling & Tax Cuts
President Obama’s hero is Abraham Lincoln. But Obama has the central story of Lincoln’s Presidency confused- Lincoln saved “the union”- NOT the auto union, teachers union, or government employees union. President Obama’s leftist love affair with unions has now reached critical mass- I believe it now threatens our economic future. President Obama’s decision to start a full-blown trade war with China, by imposing heavy trade duties on imported Chinese tires, will start an economic war that the U.S. people cannot afford…nor hope to win. It will cost jobs; destroy businesses; hurt U.S. GDP (Gross Domestic Product); and damage the future of our children and grandchildren. But worse, it threatens to plunge the entire world into a global economic catastrophe.
This tragic decision was all based on Obama’s need to impress his union friends and contributors- even at a cost of deepening and lengthening a global depression. Obama continues to follow in the tragic footsteps of FDR, who turned a deep recession into the Great Depression with the exact same gameplan: dramatic increases in government spending; higher taxes on business and the wealthy (who create all the jobs); minimum wage hikes; and protectionism in favor of unions.
Obama’s move to slap tariffs on tires made in China comes in response to a petition from the U.S. Steelworkers Union (which represents workers at many U.S. tire factories). I’m willing to bet that nonstop union lobbying and strong-arming of Obama accompanied that petition.
Obama’s reckless decision will accelerate the deterioration of U.S./China relations- at a time where economic leadership and cooperation among the world’s two greatest economic powers is integral to avoiding a global economic meltdown. China has hinted for months now that it will push for a new world reserve currency. That means (in plain English) that China will start a slow-but-steady sell off of U.S. dollars (they own over $2 trillion of them) – thereby hastening the decline and destruction in the value of the dollar. This is all grave news for U.S. consumers. Worse, China has already reacted to the news of the tariffs by threatening to impose tariffs on the importation of U.S. goods like poultry and autos. We can’t even win wars in Iraq and Afghanistan. Now Obama wants to plunge us into an economic and trade war with China?
This all happened because President Obama is the most pro-union President in modern history. This is the man who blindly supports “Card Check”- extreme leftist legislation that makes it easy for unions to unionize virtually every business in America (including small businesses with as little as 5 employees).
This is the man who literally stole Chrysler from secured lenders, bankers and shareholders, and handed majority ownership to the auto unions that bankrupted it in the first place.
This is the man leading a Democratic Party that has proposed taxing the health benefits of every American employee- except union members.
This is the man who publicly attacks and humiliates CEO’s for excessive pay, appoints czars to regulate pay at private companies, yet just allowed GM to rescind pay cuts for their employees. Obama supports anything- no matter how reckless and hypocritical- that makes his union supporters and contributors happy. Unions move their strings, and the puppet President opens his mouth.
Obama hasn’t noticed that unions ruined the auto industry- by demanding wages so high they bankrupted the “Big 3” and made American autos too expensive compared to non-union competitors. He hasn’t noticed that teachers unions have damaged-beyond-repair the government-run public school system. Obama sends his two precious daughters to $40,000-per-year private schools, while he condemns poor minority kids in D.C. to failing public schools- all to show his support for the powerful teachers unions. He hasn’t noticed that state and local governments across the USA are going broke because of unfunded liabilities to government employee unions. He hasn’t noticed that unfunded liabilities for federal government union employees now total a staggering $5.3 trillion and threaten to bankrupt the federal budget. In response to all of this economic misery, Obama hires more government union employees.
Obama doesn’t notice any of this because his words don’t match his actions. He talks like an eloquent and moderate statesman. But his actions more resemble a leftist political hack. His speech on Labor Day in front of union members sounded more like Hugo Chavez or Fidel Castro. This man has never met a union he didn’t like- no matter how much destruction and havoc they cause to companies, industries or the U.S. economy.
The question is…is Obama really this ignorant or reckless? Of course not. Actually I believe that my college classmate (Columbia University, Class of ’83) is brilliant. Nothing he does is out of ignorance or naiveté. Therefore this must all be part of a well thought-out plan to destroy the U.S. economy. Why? I can only surmise that Obama’s plan from day one has been to wreck capitalism; destroy Wall Street and the banks (the very heart of capitalism); expand the size and scope of government dramatically; get the American people so fearful as to demand bigger government to “save” them and get involved in every aspect of their lives; and thereby introduce Socialism without debate. It’s one heck of a plan…and it’s playing out right now, right in front of all of our eyes.
Wayne Allyn Root was the 2008 Libertarian Vice Presidential candidate. His new book is entitled, “The Conscience of a Libertarian: Empowering the Citizen Revolution with God, Guns, Gambling & Tax Cuts.” For more of Wayne’s views, commentaries, or to watch his many national media appearances, please visit his web site at: www.ROOTforAmerica.com