Fox Business Anchor: Obama's Leadership 'Stokes the Flames of Anger'

Wednesday, 04 Sep 2013 06:40 PM

By Bill Hoffmann

  Comment  |
   Contact  |
|  A   A  
  Copy Shortlink
Veteran Wall Street executive Charles Payne says President Barack Obama’s handling of race relations issues in the United States has failed.

"It’s heartbreaking. He had an amazing, very unique opportunity," Payne, a Fox Business Network anchor, told Ron Christie, guest host of "The Steve Malzberg Show" on Newmax TV.

"I knew staunch, hard conservatives who bitterly opposed Obama as a candidate who said, you know what maybe this will be a good thing. The nation was ready, we were ready and unfortunately the problem is Obama chose to govern in a way where the buck never stops at his desk."

Story continues below.

Payne said the Obama administration, from the beginning, blamed the George W. Bush administration for many of the nation’s problems.

Then, the president had a chance to embrace tea party activists who were gaining power, but didn’t, Payne believes.

"He had an amazing opportunity … He could have gone to any tea party event, he could have gone unannounced, showed up, met regular people, had conversations with them," he said.

"Put yourself in the shoes of, just say that black person marching 50 years ago in some demonstration somewhere in the South and if an elected official had done that. You remember black people in Alabama forgave [Gov. George] Wallace, who said he was a changed man and they changed with him and they actually voted for him – something that was absolutely unthinkable.”

Instead, Payne told Christie, Obama allowed the tea party, which posed a real serious threat to his candidacy and his party, to be "demonized and smeared."

"He allowed that to happen. He fostered that sort of thinking … He always governed in a way where he was never, there was never mea culpa or the buck stops at my desk."

Payne, CEO of Wall Street Strategies,[2] an independent stock market research firm he founded, said he had hoped Obama’s time in the White House would be
"pragmatic [and] intelligent," but instead has stoked "the flames of anger and animosity."

"Every time he speaks now, there's a new basket of victims and if you cobble together enough victims, enough baskets, you get a majority. Okay, you've got women, you've got blacks, you've got Hispanics, you've got Asians, you've the gay and lesbian community," Payne said.

"You get these baskets of victims and you ride it all the way through. Instead of solutions, instead of creating a tide of prosperity … it's all about fairness, or this false premise of fairness, and those mean, old Republicans."

See the Steve Malzberg Show on Newsmax TV each weekday live by Clicking Here Now

You can listen to the Steve Malzberg Show each weekday live from 3-6 PM ET on SiriusXM 244.

© 2014 Newsmax. All rights reserved.

  Comment  |
   Contact  |
  Copy Shortlink
Around the Web
Join the Newsmax Community
Please review Community Guidelines before posting a comment.
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
Zip Code:
Privacy: We never share your email.
Hot Topics
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
Top Stories
You May Also Like

Author Coren: 'War on Christians' Is Epidemic

Wednesday, 26 Nov 2014 19:06 PM

In countries ranging from Pakistan to Nigeria, Christians are under systematic siege by hostile Muslims, and global poli . . .

Wayne Dupree: Not All Blacks Fear Police

Wednesday, 26 Nov 2014 18:25 PM

Despite the "collective liberal wisdom" that black Americans overwhelmingly resent police, especially in the wake of eve . . .

Rep. Erik Paulsen: Obama Medical Device Tax Will Be Repealed

Wednesday, 26 Nov 2014 18:25 PM

Critics of a tax on medical devices are so numerous in Congress that President Barack Obama should expect to see a repea . . .

Most Commented

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

America's News Page
©  Newsmax Media, Inc.
All Rights Reserved