If a frontal assault on the foundational principals and values of American life can qualify as being “at war” - then yes, Barack Obama is in combat with our country. And while the belligerence of both his administration and his party’s congressional leadership have seemingly created a sense of alarm across the U.S., their apparent disregard for their own self-inflicted political damage is all the more staggering.
Taking aim at America’s foundations has impacted us both here at home, and abroad. European allies France and England have both made note of our President’s “short shrift” treatment over the past fourteen months, while earlier this month French President Nicolas Sarkozy chastised Obama for his protectionist, anti-free trade policies ( “this is not the right way to behave” Sarkozy told our President). And just last week Vice President Biden took U.S.-Israel relations to a new low point by criticizing the nation on their own soil.
But domestically, Obama’s greatest offense to American life is fundamentally economic in its nature. And at its root, his assault on our sensibilities is best described in terms that he himself has used to criticize others.
In a quickly produced campaign commercial back in the Fall of 2008, candidate Obama addressed the then- melting down American financial system, stating that “this crisis serves as a stark reminder of the failures of crony capitalism, and an economic philosophy that sees any regulation at all as unwise and unnecessary…” At that moment in time, long-standing American financial institutions were being crushed, mostly by their overexposure to sub-prime mortgages, while the stock market was tumbling precipitously.
Was “cronyism” in the financial system really our problem back then? Arguably it was one of many problems at that time, although Obama’s insinuation that our capitalistic free market economy is “un-regulated” was phony (completely un-regulated capitalism does not exist).
But today, cronyism is so flagrant and blatant at the highest ranks of our government, that the President and the congress have lost the confidence and the trust of both America’s cultural “right” and “left.” The stunning, “we’ll-stop-at-nothing” fight to take-over the healthcare industry and the medical profession has put Obama-styled cronyism on full display – and therein lies the greatest assault on America.
Austin Hill is an Author, Consultant, and Host of "Austin Hill's Big World of Small Business," a syndicated talk show about small business ownership and entrepreneurship. He is Co-Author of the new release "The Virtues Of Capitalism: A Moral Case For Free Markets." , Author of "White House Confidential: The Little Book Of Weird Presidential History," and a frequent guest host for Washington, DC's 105.9 WMAL Talk Radio.