Skip to main content

Obama and Our Government Have Hurt Me, Not Helped Me, Every Step of the Way

By July 17, 2012No Comments
Print Friendly, PDF & Email

As Published at on 7/17/12

By Wayne Allyn Root

I was Obama’s college classmate at Columbia University, Class of ‘83. Almost every one of my classmates were openly socialist or Marxist, with many of these leftist radicals calling for an end to capitalism and “bringing down the system” by destroying the U.S. economy with entitlements, debt, and crisis.

That’s why I have predicted in thousands of media interviews from the first days of Obama’s Presidency that Obama is a radical, with a deep-seated hatred of business owners, a desire to demonize us and destroy America’s faith in capitalism, and a plan to bring down the system by overwhelming our economy with debt and crisis- just as we all learned and discussed at Columbia in our college days.

Well it’s no longer a theory. Obama has come out of the closet. Obama has decided to come clean with his plans for a 2nd term. In a matter of 48 hours he gave us two hints so big you couldn’t miss his intentions if you were blind, deaf, or dumb (my apologies to liberal Democrats with this disability).

First, Obama gave notice that every state could receive a “waiver” to opt out of demanding that welfare recipients must work to receive their benefits. This isn’t some radical right wing conspiracy Obama is trying to wreck. This was a bipartisan law of the land intended to “end welfare as we know it” and passed under Democrat President Bill Clinton. It has worked mega-successfully (with nary a complaint) for almost two decades. Why would anyone, who isn’t a committed radical Marxist intent on exploding entitlements, debt and crisis, try to end this law? Why indeed.

Obama has showed his true colors. He’s not satisfied with 46 million Americans on food stamps, 11 million on Disability (5.5 million in just his first term), millions more on unemployment benefits, and tens of millions on other government handouts. He wants to make it even easier to get on welfare, without any requirement to work. Going to work might get in the way of your ability to vote on November 6th.

This is precisely how you explode the numbers of Americans on welfare, all dependent on government for survival, and all loyal to the Democratic Party that protects their checks.

Then 24 hours later Obama said words that made me sick to my stomach and brought tears to my eyes. Words so vile they are an affront to every American business owner and a reminder of his true beliefs- a deep seated hate and resentment towards capitalist business owners. Obama said that business owners owe our success to government. He actually said that if you’ve built a business, you don’t get the credit. It’s government who has been by your side. You need to give government the credit.

Obama believes government helped me every step of the way as a businessman? Really? Honest to God? With that kind of thinking, I think it’s now safe to say Obama has come out of the closet. Either he’s a Marxist hell bent on demonizing wealthy business owners and destroying capitalism, or perhaps he’s high on that drug he enjoyed so much in his youthful days.

Because the reality is that government has hurt me, every step of the way. Government has NEVER helped me. But Obama is right about one thing- government is always by our side. Unfortunately it ruins everything it touches.

Here’s a synopsis of what government has done for me.

They’ve stolen my hard-earned money that I could have used to expand my business, or start new ones, or invest in stocks and real estate. Instead it went to government in the form of taxes, fees, licenses and workers comp.

Don’t forget the rules, regulations and mandates that made it difficult or near impossible to start a business in the first place.

Or the accountant and tax lawyer bills that could have been put to use creating jobs.

Or the IRS audits that stole valuable dollars and hours that I can never get back- even though every one of them ended up with me owing not a dime. But the damage was already done to an innocent man.

Or the millions my public company spent on complying with ridiculous bureaucratic boondoggles like Sarbanes Oxley- thereby wasting millions of dollars that could have instead created jobs and shareholder value for my investors.

Don’t forget the bills passed by government that literally wiped out multiple businesses that I owned (multiple times).

Yes, Obama has a point. Government is always there by my side- stealing my money, robbing me blind, redistributing what I earned into the hands of people not willing to work as hard or as smart as me, distracting me with thousands of pages of regulations, limiting my options, wiping out jobs, and destroying shareholder value.

Government isn’t a savior or saint. Government is the mafia. They are organized crime with the weight of the law behind them. And under Obama, they are hell bent on turning public sentiment against all of us who own businesses, destroying America’s belief in capitalism, and redistributing our incomes until our businesses are crippled, or out of business. Then government is our only place to turn. That much is now clear after a 48 hour rampage by our President.

If we are to save this economy, capitalism, our jobs, and this country…one thing is crystal clear- Obama must go.

Wayne Allyn Root is a Capitalist Evangelist and serial entrepreneur. He is a former Libertarian vice presidential nominee. He now serves as Chairman of the Libertarian National Campaign Committee. He is the best-selling author of “The Conscience of a Libertarian: Empowering the Citizen Revolution with God, Guns, Gold & Tax Cuts.” His web site: