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Tags: limbaugh | obama | business | economy

David Limbaugh to Newsmax: Obama Leading 'War on Business'

By    |   Sunday, 10 June 2012 04:54 PM EDT

Best-selling author and syndicated columnist David Limbaugh tells Newsmax.TV that President Barack Obama’s first term in office has led to a “government run amuck” and produced an undeclared war on America’s business community.

In an exclusive interview this week, the Newsmax contributor and author of the newly released book, “The Great Destroyer: Barack Obama’s War on the Republic,” muses that trying to pick the single most egregious thing the president has done since taking over the White House in 2008 is akin to choosing just one tantalizing dessert at a smorgasbord.

Story below video.

“Except that it’s a terrible thing — they are poisonous desserts I have to choose from,” in the case of Obama’s “abysmal” record as commander-in-chief, declared Limbaugh, the younger brother of conservative talk show host Rush Limbaugh.

“He’s driving the economy and our financial status off the cliff. We’re going into bankruptcy and he’s not doing anything to restructure entitlements.”

In a wide-ranging interview, Limbaugh:
  • Admonished the president and his “thugs” for organizing a recall election of Wisconsin Gov. Scott Walker, which backfired into a referendum on Obama’s leadership — or lack thereof.
  • Charged that America would be committing “national suicide” if it re-elects the president over GOP challenger Mitt Romney, and urged the Republican to “pull no punches.”
  • Said he believes that the United States has already been weakened with Obama in the White House.
  • Accused the Obama administration of selling America’s military supremacy to countries like Saudi Arabia.
“This is a government run amuck that is at war with business,” Limbaugh asserted. “It’s at war with conventional energy. It’s at war with our national defense. It’s at war with our financial integrity. It’s at war indeed with the United States’ sustainability as the greatest nation that ever existed on the earth.”

By urging Romney’s campaign to “pull no punches,” the author insists that he is not encouraging all Republicans to be as strident as him.

“I just mean they have to take principled stands. They have to articulate them. They have to not back down. They have to explain what a growth economy is. They have to . . . draw a stark contrast between Obama’s reckless, socialistic policies, and their own free market policies,” he explained.

“They have to show how he’s anti-business, how he’s anti-energy, how he’s undermined and destroyed the coal industry, the oil industry, national gas, nuke, and how he’s thrown billions at green boondoggles for no reason at all.”

He sees Walker’s victory over Milwaukee Mayor Tom Barrett as a referendum on Obama’s policies and predicted that Obama’s conspicuous absence from the front-trenches of the Badger State election will cost him support among fellow Democrats.

“They boasted they were going to kick out Gov. Walker. All Walker did was say, ‘I am going to return to fiscal discipline.’ And what did Walker do? He honored his promise. He returned to fiscal discipline. He’s returned to a budgetary surplus,” Limbaugh explained. “The [Wisconsin] economy is doing better, precisely because of his policies, precisely because he wouldn’t back down. And they repudiated Obama and the unions in Wisconsin.”

The lesson for Republicans to take from Wisconsin is not to back away from conservative principles, Limbaugh emphasized. “You don’t become milquetoast and waddle over to the center, hoping you can appease independents, whoever that amorphous group is,” he said. “You stand for conservative principles which by definition are not extreme, and you rally your base. You show people . . . common sense — everybody knows that you should balance your checkbook and you don’t have a license to do otherwise when you’re in government.”

Limbaugh charged that the United States would be committing national suicide if they vote to re-elect President Obama in the November election.

“If we are stupid enough, if we, as a nation, are reckless and irresponsible enough to re-elect him, he has a right to assume that we’re crazy enough to commit national suicide,” declared Limbaugh. “He will take that as a mandate and drive us further into bankruptcy. He will use it as an excuse not to restructure entitlements. Can you imagine why this guy wouldn’t want to, on his own initiative, restructure entitlements? Why he wouldn’t want to reform Medicare? Why he wouldn’t want to quit spending at a level that is $1 trillion more than we take in every year?”

The United States can expect to be $6 trillion deeper in debt at the end of Obama’s first term. “If he goes a second term, he will have doubled the national debt,” predicted Limbaugh. “It will be explosive because if he wins re-election, we’re already on autopilot to bankruptcy so you know we’re not going to have reform, and that means that this two- or three-year window closes, interest rates go crazy, the bond markets go south and these are all best case scenarios.”

An attorney, who taught business law at Southeast Missouri State University, Limbaugh said the U.S. is experiencing the worst economic recovery since W.W. II and he believes that the country has already been weakened by Obama’s presidency.

“Historically, you will see that every other recession we recovered from within four years from the beginning to end of the recession,” he explained, adding that Obama has undermined U.S. nuclear capabilities, set aside our nuclear energy program, and dismantled our strategic defense system.

“He’s also decommissioned our space station and sabotaged our space program so that by 2020, arguably, China, which is developing these things, will be the only human presence in space,” Limbaugh charged, adding that the U.S. has mortgaged its military superiority with $103 billion in arms sales to foreign governments in a single year. A typical level at one time was $13 billion.

“We are in serious straits when it comes to our defense capabilities and we’re arming the rest of the world,” Limbaugh explained. “For the first time our commanders are saying we might be in jeopardy of losing our air supremacy. Obama doesn’t really want America to be a sole super power. He wants to defer to foreign bodies — international bodies.”

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Sunday, 10 June 2012 04:54 PM
Newsmax Media, Inc.

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