Monthly Archives: September 2012

Obama’s Suicide Economy

By Wayne Allyn Root

Imagine a U.S. President presiding over a country in major economic decline: sales tax revenues plunging; unemployment growing worse by the month; petroleum sales (the foundation of our economy) sinking like a rock; GDP anemic; the real estate crash worse than the 1929 Great Depression; 40% of the net assets of the average American gone; prices for food and gas skyrocketing; and suicides going up so fast, they now outnumber deaths from car accident.

Imagine THAT. It’s unthinkable!

Now, imagine in the face of all that, the mainstream media claiming things are getting better, refusing to challenge the President when he repeats over and over again the lie that “we are in recovery,” and viciously attacking the Presidential challenger for daring to criticize the incumbent President? You’d be insane to picture that set of circumstances, right?

Sadly, it’s happening right now. We’ve gone from the world’s greatest economic superpower, to an Obama economy where Democrat leaders like Nancy Pelosi claim food stamps and unemployment benefits are economic activity. And, in our final death throes under Obama, we’ve become “The Suicide Economy.” That’s right, Americans are so happy and financially secure under Obama, they are committing suicide in record numbers. More people are now purposely killing themselves, than die in car accidents, for the first time ever.

How bad is the economy? Here are the stats the mainstream media is covering up:

A month ago, California reported sales tax revenues plunged a shocking $539 million below expectations. That’s over a half billion dollars in one state, in one month. Does that sound like a recovery to you?

http://www.bizjournals.com/sanfrancisco/news/2011/08/09/controller-california-revenue-down.html

The jobless rate rose in 44 states in July, including 9 out of 10 battleground states. In August, Nevada’s unemployment went back up past 12% again. Does that sound like a recovery to you?

http://online.wsj.com/article/SB10000872396390443324404577595341676097440.html?mod=googlenews_wsj

The American Petroleum Institute reports that U.S. consumer demand for oil and other forms of petroleum in July was the lowest since 1995. Does that sound like a recovery?

http://www.api.org/news-and-media/news/newsitems/2012/aug-2012/petroleum-demand-slips-further-in-july.aspx

The Labor Force Participation rate for all workers is the lowest since 1981…but for men it’s the lowest in over half a century (since 1948). Obama’s campaign slogan is “Forward.” When it comes to jobs we are heading 55 years backward. Does that sound like a recovery?

http://www.theatlantic.com/business/archive/2012/09/the-great-jobs-mystery-why-are-so-many-men-dropping-out-of-the-workforce/262100

”Help Wanted” ads have collapsed in back-to-back months to the lowest levels since the Lehman Brothers financial disaster. Does that sound like a recovery?

http://www.zerohedge.com/news/bad-news-nfp-bulls-help-wanted-ads-plunge-most-lehman-collapse

Just today we heard the terrible news that durable goods orders dropped a horrific 13.2% last month. That is a measure of factory activity. This was the worst drop since the throes of the deep 2009 recession. More signs of business off the rails under Obama:

http://www.reuters.com/article/2012/09/27/us-usa-economy-durables-idUSBRE88Q0S720120927

The final sobering stat is that 37,000 Americans are now committing suicide annually under Obama, more than die in car accidents- for the first time ever. Does that sound like a recovery?

http://medicalxpress.com/news/2012-09-suicide-americans-car.html

There are two conclusions to be drawn from all these sobering economic statistics, but especially the rise in suicides.

First, there is no recovery. We are in far deeper economic trouble than the media admits. I’m an entrepreneur, small business owner, and Capitalist Evangelist who happens to have a media megaphone. I can tell you- from firsthand experience- what is happening at ground zero of the economy. Business is what I do, what I live, every minute of every day. And I can report that it’s ugly (and getting uglier) on Main Street.

There are no jobs. There is no improvement in business. I predict that soon after the holidays (and the election), if the massive tax increases are allowed to take effect, the U.S. economy will suffer a dramatic collapse. The stats reported above are warning signs of a coming economic Armageddon. Is anyone listening?

But as bad as things are here, Europe is the real “canary in the coal mine.” Looking at the EU is like looking into a mirror to see America’s future under Obama. Just today we see in the headlines stories about what is unfolding in Europe- unrest in the streets, rioting, violence, one third of the business in Athens out of business, middle class people starving and scavenging through dumpsters in Hungary and Greece.

All of this pain and tragedy is caused by big government and big debt. By governments spending far more than they take in. Eventually it catches up with you. Eventually the investors of the world stop loaning you money. And then the crisis hits. All at once, your country goes from a normal existence, to a Great Depression, to a daily struggle for survival.

Obama is leading us in the exact same direction as Europe. The sales tax drop in California, the drop in petroleum product sales, the drop in “Help Wanted” ads, the rise in suicides…these are all signs of where we are headed. All the tragic economic statistics above prove that even Obama and the Fed cannot print enough fake money to paper over the truth.

The second conclusion you can draw from the stats above is that the mainstream media is trying to protect Obama. They know that these statistics would doom Obama’s re-election. So they have imposed a total media blackout. You’ll never hear the truth about the state of our economy from the mainstream media.

Just consider if suicides were dramatically up under a Republican President like Reagan or Romney, at the same time the economy was in free fall, what would the media say? They would not only make the connection, they’d be trumpeting this tragedy in bold headlines 24 hours a day. They would blame the suicides on the poor economy. They’d blame it on capitalism. They’d blame it all the spending cuts and lack of compassion of a Republican President.

So far Obama gets a pass because of the biased leftist media. But history won’t be so kind. There is only one way to describe what we are all living through.

Someday history books will call this “Obama’s Suicide Economy.”

Wayne Allyn Root is a Capitalist Evangelist, entrepreneur, and Tea Party Libertarian Republican. He is a former Libertarian vice presidential nominee. 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: www.ROOTforAmerica.com

Obama’s White Voter Gap

By Wayne Allyn Root

Did you see the latest Politico poll? Mitt Romney has a 14 point lead among middle class voters. http://www.politico.com/news/stories/0912/81584.html

This poll points to a problem rarely ever mentioned in the media. Barack Obama and the Democrat Party have a big problem, as wide as the Grand Canyon. The biased leftist media (who is openly rooting for Obama) constantly trumpets Mitt Romney’s problems with black, Latino, and female voters- ad nauseam. But what about Obama’s lack of support among white voters? It is historically large and it is fueling Romney’s big lead among the middle class. See the latest Rasmussen poll that shows Romney with a 20 point lead among white voters: http://newyorklibertyreport.com/?p=14423

Or what about Obama’s problems in the latest Politico poll with males (Romney is up 6), white women (Romney is up 9), married voters (Romney is up 14) and older Americans (Romney is up 7). Other polls show big problems for Obama with veterans, religious, middle class, and independent voters. Obama’s gaps with those groups are all as bad as any voter gap that Romney suffers. But the media never happens to mention them. Strange.

It seems like a hundred times a day we hear, or see, or read media reports about “Romney’s problem” with black voters, Latino voters, and female voters- particularly single women. The media loves the term “Romney’s female voter gap.”

The media also loves to trumpet polls showing Obama has the lead. Funny how they don’t mention that Rasmussen and Gallop, the two polls regarded as the most accurate by many experts, both show a dead even race. Ronald Reagan was way down to Jimmy Carter at this same time in 1980, yet Reagan won by a historic landslide. Some might conclude that Obama is in big trouble.

The media also never mentions that all the other polls are skewed heavily towards Democratic voters (based on the 2008 turnout). Because of the “enthusiasm factor” among conservatives, I believe that the turnout in 2012 will look much more like the GOP Congressional landslide of 2010 (led by the Tea Party turnout), than the Obama Presidential victory in 2008.

So in light of all this, where are the articles and commentaries about “Obama’s big problems?” Doesn’t anyone in the media notice the only white male voters in the country that the Democrat Party can attract nowadays are union members (and no longer all of them) and media employees (they get 100% of those). If the purpose of the media is to report “fair and balanced’” why are they ignoring such a big story? You might call it “the elephant in the room.”

So, why does the media talk nonstop about Romney’s female and minority gaps, but not even mention Obama’s large white, independent, middle class, married, and male gaps? Why does the media seem to report only on the polls that show the worst results for Romney?

While many of these badly Democrat-skewed polls show Obama leading in battleground states, they forget to mention that Romney is either ahead or dead even in several states that Obama won in 2008- North Carolina, Indiana, Iowa and Wisconsin. In deep blue Connecticut, the GOP is now leading for U.S. Senate. That can’t bode well for Obama. Yet the mainstream media paints a picture of the Romney campaign in panic. This is fraud being perpetrated by the media on the American public.

So let me ask a few simple questions. If Romney, the challenger, is even with a sitting President, shouldn’t the media be probing what’s going wrong for Obama? Shouldn’t they be reporting that the Obama campaign is panicking? It seems that Obama’s the one who now needs hope and change.

Shouldn’t a fair and balanced media be asking, “Why has the Democratic Party become such a pariah with white voters?” Obama got a very large percentage of white voters in 2008, so it’s obviously not racism.

Or “If Obama won a majority of independents and the middle class in 2008, why has there been such a big turnaround in 2012? Could it be Obama’s policies at fault, and not his skin color?

And how about this one, “Why do polls show that 99% of black voters support Obama?”

This question is important because black unemployment and poverty numbers are the worst in decades under this President. So why would just about 100% of black voters support him? No politician in history has ever seen unanimous support from one group before. I think it’s an obvious topic to explore, if the media wasn’t scared to death at being called racists for merely asking the question.

One last question. Why has the media chosen to ignore Fed Chairman Ben Bernanke publicly stating a month ago that the unemployment numbers are “grave”? For the Fed, that’s a deeply disturbing word. They never use frightening words in public- for fear of exciting or panicking the masses. When they start using strong words like “grave” to describe the state of unemployment, that is a sign that the Fed is in full-scale panic mode.

Shouldn’t the media be tying the Fed Chief’s “grave” economic fears to Obama’s leadership as CEO of the U.S. economy? Shouldn’t the media be questioning loudly if it’s possible to be re-elected with such a poor economic record? They would certainly be doing it with gusto — blaring headlines — if Reagan, Bush, or Romney were President.

Funny how the media completely ignores Obama’s big problems with so many crucial voting groups. And his failure with that little thing called…the economy. A total media blackout. No one in the mainstream media even thinks to address Obama’s grave problems. Especially Obama’s glaring “white voter gap.” That’s a hot story that’s just waiting to be written.

Media bias to this extent is expected in Russia, Venezuela, or Iran. But American voters deserve better.

Wayne Allyn Root is a Capitalist Evangelist, entrepreneur, and Tea Party Libertarian Republican. He is a former Libertarian vice presidential nominee. 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: www.ROOTforAmerica.com

Obama Channeling FDR

As published at TownHall.com on 9/12/12

By Wayne Allyn Root

Few Americans understood the significance of President Obama’s most important line in his Presidential re-election speech at last week’s Democratic National Convention. Obama promised he’d pursue “the kind of bold, persistent experimentation that Franklin Roosevelt (FDR) pursued during the only crisis worse than this one.” The implications of that promise are truly frightening. As history has already proven – they will lead to economic disaster.

Unfortunately, it’s already started. Bush and Obama channeled and mirrored Hoover and FDR. The results are eerily similar- economic decline, disaster, and tragedy for average everyday American families. Blow by blow, Bush and Obama have had the same reactions to a deep recession as Hoover and FDR. And in both cases, a recession was turned into a long-term Great Depression through government “help.”

The honest truth of Hoover & FDR has never been taught to us, or our children, by ultra-liberal teacher’s union clones. What is taught in our failing, dumbed-down, public schools is that FDR “saved” America from the Great Depression. The reality is that big government intrusion and intervention by both Hoover and FDR caused the Great Depression.

Obama’s plans to channel FDR and get government even more involved will create a similar tragedy for America. If you don’t believe me, see the August unemployment report.

Those who don’t study or understand history are doomed to repeat the same mistakes. Obama is Exhibit A. He doesn’t understand, or refuses to accept, there was no Great Depression I or II until government got involved to “save” us. It’s no coincidence that every time government comes to help or save us, it turns into a disaster. As Ronald Reagan famously quipped, “The 9 worst words in the English language are – I’m from the government and I’m here to help.”

The stock market crashed in 1929. The natural business cycle is boom and bust. There is no reason for politicians to panic and over-react (but they always do). More importantly, there is no reason for politicians to get involved at all. The less they do, the better.

Want proof? In the early 1920’s America went into recession- suffering from high tax rates installed to pay for World War I. In a brilliant move President Calvin Coolidge responded by dramatically cutting taxes, cutting spending, cutting government programs, and paying off the debt. In the face of recession, Coolidge not only cut tax rates 3 times (in 1924, 26 and 28), but he made sure 2 million Americans no longer had to pay taxes at all. Coolidge reduced the national debt by 1/4th, while cutting taxes. The result: the bust ended remarkably quickly and turned into a boom later named “The Roarin’ Twenties.” When the government spends less and lets the business owners and job creators keep more, the result is always prosperity. (In school we are taught Coolidge was the ‘do nothing President’…gotta love those biased ultra liberal teachers).

Herbert Hoover became Coolidge’s successor. Coolidge remarked, “That man has given me unsolicited advice for 6 years- all of it bad.” He was obviously looking into a crystal ball. When the 1929 stock market crash occurred, just as Coolidge predicted, Hoover’s instincts were all bad. President Hoover panicked and got government heavily involved (remind anyone of George W. Bush?). Big mistake. He didn’t have to. The 1929 crash wasn’t that bad. Unemployment went to 9%, but only for one month. One year later it was back down to 6%.

But that wasn’t good enough for Hoover and Congress. They decided to get busy passing trade tariff bills (Smoot Hawley), the largest tax increase on traded U.S. goods in history, and a massive income tax increase from 24% to over 60%. Just like Obama government spent and spent and spent, and passed a never ending stream of new government rules and regulations.

The result? Just like Obama- Disaster. Businesses failed, jobs were killed, and the economy tanked. Unemployment hit double digits. The recession became a full blown depression.

Enter Obama’s hero, FDR. Roosevelt demanded far more government “help”, promising government would “save” us. Roosevelt began “helping” with much higher taxes, more rules & regulations, nonstop demonization of business, and massive spending on government/public works projects and new entitlement programs resulting in more debt and deficits. FDR was Obama, before Obama was Obama.

On January 1st, 1936 income taxes were raised to 79%…and a year later to 83%. Madness. But FDR was just getting warmed up. He also increased most other taxes from estate to corporate and gift taxes. State and local taxes were also raised. Like Obama, FDR never met a tax he didn’t like.

The results were devastating. Six years after Hoover was gone…SIX YEARS LATER…unemployment hit 20% again (in 1939).

Even FDR’s own Treasury Secretary, Henry Morgenthau, bemoaned the fact that FDR spent a record amount of federal money and amassed a record amount of debt without creating jobs or stimulating the economy.

Sound familiar? This is Obama’s hero.

But Obama is right about one thing. He said, “I won’t predict the path I’m offering is quick or easy.” Correct – with Obama in charge this mess will take years to heal, maybe a decade or longer- just like his hero FDR. Maybe it will take a World War III to get out of this Obama Great Depression- just like his hero FDR.

History proves when Bush & Obama, like Hoover & FDR, spent too much, piled up debt, and grew government bigger, the economy declined and jobs disappeared. History always repeats.

The solution is so simple. Milton Friedman once said, “You can’t spend or tax an economy into prosperity. Only RESTRAINING government spending stimulates the economy by freeing up money for private sector.”

But that can only happen if we fire Obama.

Wayne Allyn Root is a Tea Party Libertarian conservative, Capitalist Evangelist, and serial entrepreneur. He is a former Libertarian vice presidential nominee. 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: www.ROOTforAmerica.com

Why America’s Leading Libertarian is Endorsing Mitt Romney and Joining the GOP

As Published at Glenn Beck’s web site TheBlaze.com on 9/12/12

By Wayne Allyn Root

Before I introduce myself and tell you about the most important decision of my political life, let me first cut to the chase. If Obama is re-elected on November 6th, America and capitalism both face grave danger. We may never recover from another 4 years of Barack Obama.

As Obama’s college classmate at Columbia University, I’ve reported for 4 years now on his plan to overwhelm the U.S. economy and wipe out capitalism. It’s based on the strategy of two Columbia University professors Cloward and Piven. Obama is following it to perfection. But he has only just begun. He’s actually tried to be reasonable for his first four years- because his goal was to be re-elected, so he could finish the job.

If Obama is re-elected on November 6th, you haven’t seen anything yet. His gloves will be off. He will be free to be his REAL radical self. Without ever having to face voters again, Obama will truly wreck this economy from sea to shining sea- just as Saul Alinsky, Cloward & Piven, Barack Obama Sr., Frank Marshall, Reverend Jeremiah Wright, Bill Ayers, and a host of other radical, Marxist, American-haters taught him.

We will face a final economic Armageddon- the total collapse of the U.S. economy and our monetary system. Obama unleased will send the IRS to crush his political opposition. He will appoint a majority of Supreme Court and federal judges- so none of his violations of the Constitution will ever again be challenged. His policies will encourage radical Islamic and terrorist rogue states to threaten and eventually destroy Israel. And he will continue to weaken the U.S. military, so we will be unable to prevent it from happening.

Have I got your attention now?

Here’s my story. It has been a whirlwind last 5 years in my life. I started out my journey as the antithesis of a politician. As a small businessman, home-school dad, Las Vegas oddsmaker, and political newcomer running for the Libertarian Presidential nomination in 2007, you couldn’t find more of an anti-politician in all of politics.

But in America anything is possible. In this great country, never discount a long shot. I was elected the Libertarian Vice Presidential nominee in 2008. The Bob Barr/Wayne Root Presidential ticket went on to garner the second highest vote total in Libertarian history. I was then elected Chairman of the Libertarian National Campaign Committee, and became the #1 vote-getter in the country for election to the Libertarian National Committee. Media across the country called me “Mr. Libertarian” in my 4000 media appearances since 2008.

Today, after giving this many months of thought, I’m announcing the most important decision of my political career. I am stepping down from my roles in the Libertarian party, to rejoin the Republican Party, and most importantly, to elect Mitt Romney as President of the United States.

Why? First, let’s start with what I believe in. I believe in the limited government promised by the U.S. Constitution. I want government to get out of the way of small business owners like me- put fewer rules & regulations in our way, and allow us to keep more of our own money. I want government to remember that it’s our money in the first place. I want politicians to support and motivate the taxpayers, the private sector, and small business- the economic engine of America. Small businesses create 75% of new jobs and pay most of the taxes in this country.

Under the Obama administration we have seen businessmen denigrated, demonized, punished, smothered by 60,000 new rules and regulations, threatened with massive new taxes, and attacked by the IRS. That’s why there are no jobs. That’s why, in my opinion, the economy is in freefall. That’s why America is facing economic collapse and disaster.

I’m a Capitalist Evangelist. I’m proud to be a small businessman. I love starting and running businesses. What matters now above all else- the issues that are of life and death importance to this country, the only issues that matter to 90% of Americans- are the economy, creating jobs, lowering spending, lowering the debt and deficit, reducing taxes, and saving capitalism. Because if the economy collapses, or your personal economy collapses, what difference does any other issue matter? We need to get our fiscal house in order first, before we can deal with all the other problems. Without an economy, without jobs, nothing else matters. That’s why electing Mitt Romney is so important.

This election is NOT about Libertarian versus non-Libertarian. This election is about capitalism versus big government progressivism and Big Brother socialism. Mitt Romney believes in the same things I do- keeping businesses free from government intrusion, allowing small business owners to keep more of their own money, and rewarding instead of punishing investors, innovators, and job creators. Mitt understands, as President Calvin Coolidge once said, “The business of America is business.”

Mitt understands that Obama’s rhetoric, constant threats against business, union favoritism, IRS intimidation, barrage of tax increases, 60,000 new rules and regulations, $5 trillion in new debt, the added taxes and regulations of Obamacare, and the attempt to ban oil drilling and regulate the coal industry out of existence, have collectively ground the U.S. economy to a halt.

If you don’t believe me, just look across the pond to Europe. They’ve been following Obama’s exact plan for decades. Their mantra was also big government, big unions, big spending, big taxes, big pensions, free healthcare, too many government employees, and green energy. The result? Economic disaster on a grand scale. Specifically Greece, Italy, and Spain are enduring a tragedy few can even comprehend. France is next. We are following the exact same path under Obama.

The sad reality is that this is our LAST STAND to save America. The defeat of Barack Obama is necessary to save the U.S. economy from complete collapse. We will not survive four more years of Obama as CEO of this economy. I know my businesses will not survive another four years of Obama. The economy is in free-fall here on Main Street. Small business owners like me are seeing our entire life’s work melting away. Our children’s future is being destroyed before our very eyes.

The U.S. economy is like a very large and diverse failing company, in desperate need of a turnaround. What America needs at this moment in history is a job creator with major CEO experience…with specific business turnaround experience…a detailed understanding of economics…a creative and innovative business mind…and a track record of extraordinary success…to lead this country back from the edge of the fiscal cliff. That person is Mitt Romney. If he could pull off miracles with Staples (and dozens of companies like it)…and the 2002 Olympics (which he saved from an economic disaster similar to the situation America now faces)…he can turn this Obama bust into the Romney boom economy.

Do I agree with Mitt and the GOP on every issue? Of course not. No one ever agrees 100% on everything. But I’m willing to put my differences aside- to set an example- in order to take back our country from the grips of socialism and the abyss of economic ruin. There is no other choice. Our back is to the wall, and Obama’s defeat is that important to the survival of our country, our economy, our freedoms, our children’s future, and ultimately, capitalism itself.

It’s time for a coalition of Republicans, conservatives, Tea Party activists, Libertarians, Ron Paul supporters, small business owners, homeowners, investors, patriots, Christians, Jews, and Israel supporters to join together and support Mitt Romney now.

As Clint Eastwood said, “We own this nation.” It’s time to take it back. Our businesses and jobs depend on it. The future of America and our children depends on it. Their quality of life is hanging in the balance. This is our last stand.

Is there still hope? Can this Obama nightmare be turned around? Look no further than Ronald Reagan. Reagan’s policies turned a Jimmy Carter economic disaster (similar to Obama’s) into the greatest and longest economic boom in world history- leading to the creation of over 45 million net jobs, over $60 trillion in private sector asset creation, and the greatest increase in GDP (Gross Domestic Product) in American history. Reagan’s “Great Bull Market” created more wealth for America’s families than any boom ever.

Because of my general agreement with Mitt Romney and Paul Ryan on important economic issues…and because of my deep understanding of what Obama intends to do to this economy and this country in a 2nd term…I will do everything in my power to help elect Mitt Romney as the next President of the United States.

I believe Mitt Romney is our Reagan. And I am proud to once again call myself a Republican. God Bless America.

Wayne Allyn Root is a Tea Party Libertarian conservative, Capitalist Evangelist, and serial entrepreneur. He is a former Libertarian vice presidential nominee. 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: www.ROOTforAmerica.com

Major Political Announcement – Wayne Endorses Mitt Romney!

Former Libertarian Vice Presidential Nominee, Capitalist Evangelist, and National Media Personality Wayne Allyn Root Endorses Mitt Romney and Rejoins the GOP

Wayne Root said today, “I’m announcing the most important decision of my political career. I am stepping down from my roles in the Libertarian Party, Libertarian National Committee, and as Chairman of the Libertarian National Campaign Committee (LNCC), to rejoin the Republican Party and most importantly, to endorse Mitt Romney and help elect Mitt as President of the United States.”

Root made it clear he will always be a Libertarian. “I’m a Lifetime Libertarian Party member and will always call myself a REAGAN Libertarian and Libertarian conservative. Just like Congressman Ron Paul and U.S. Senator Rand Paul- Libertarians who call themselves Republicans, I have decided to take my Libertarian beliefs and the fight for smaller government to the Republican Party and work within a party I believe can elect enough good people to change the direction of this country and save my children’s future. I hope to make a personal difference by one day representing Nevada and joining Jim DeMint, Rand Paul, and Mike Lee in the U.S. Senate Republican Tea Party Caucus.”

Root continued, “This election is NOT about Libertarian versus non-Libertarian. It’s about capitalism versus big government progressivism and Big Brother socialism. Mitt Romney is a capitalist businessman, not a career politician. Above all else, I too am a capitalist businessman and have a half dozen successful careers- all based on capitalism, free markets, and the dynamic U.S. economy. But this economy under President Obama is dying. It is being smothered by government.”

“Mitt Romney believes in the same things I do- keeping businesses free from government intrusion, allowing small business owners to keep more of their own money, and rewarding instead of punishing investors, innovators, and job creators. Mitt Romney understands, as President Calvin Coolidge once said, ‘The business of America is business.’ ”

Root further listed many of the obstacles American business is facing. “I see what’s happening to the economy. A 5 year old can’t run a lemonade stand anymore in Obama’s America without the proper business license. You can‘t build on your own land without the EPA demanding $100,000 fines. SWAT teams raid guitar manufacturers because it’s possible they imported the wrong wood. Obama’s bureaucracy blocks private companies from moving to non union states. Obama spends $25 billion of taxpayer money to “save” automakers, but the money actually goes to save union pensions, while allowing non union workers to lose their pensions. Soon if Obama is re-elected, you won’t be able to afford to fill up your tank, or pay for your doubled or tripled electric bills. That’s what happens when you ban oil drilling, regulate coal out of existence, and install cap and trade to take control over manufacturing. This is all happening in Obama’s America.”

Root sees one solution. “Mitt Romney understands that Obama’s rhetoric, constant threats, demonization of businessmen and women, IRS intimidation, the massive new debt created by Obamacare, barrage of tax increases, and 60,000 new rules and regulations have ground the U.S. economy to a halt. Mitt is a turnaround specialist of not only businesses, but the Olympics. That is exactly what America needs right now. The U.S. economy is, for all intents and purposes, a very large and diverse failing company, in desperate need of a turnaround.”

Root sees Romney’s business background as unique. “What America needs at this moment in history is a job creator with major CEO experience…with specific business turnaround experience…an understanding of economics… a creative and innovative business mind…and a track record of extraordinary success…to lead this country back from the edge of the fiscal cliff. That person is Mitt Romney. If he could pull off miracles with Staples (and dozens of companies like it)…and the 2002 Olympics (which he saved from a bankruptcy similar to the situation America faces now)…Mitt can turn this Obama bust into the Romney boom economy.”

Root sees the issue as survival. “The sad reality is that defeating Barack Obama is necessary to save the U.S. economy. We will not survive 4 more years of Obama as President and CEO of this economy. The economy is in free-fall here on Main Street. Small business owners- like me- are seeing our entire life’s work melting away. The legacy we built for our children is being destroyed. Our assets are disappearing at a record pace. We are frightened for our family’s and country’s future.”

Root says it’s time for unity. “It is time to put our differences aside. It’s time for Libertarians, Ron Paul supporters, Tea Partiers, conservatives, Republicans, small business owners, homeowners, investors, Christians, Jews, Israel supporters…

All of us need to join together in one big tent to support Mitt Romney.

As Clint Eastwood said, ‘We own this nation.’ It’s time to take it back. Our businesses and jobs depend on it. The future of America and our children depends on it. Their future quality of life is hanging in the balance.”

Root sees Romney as a new Ronald Reagan for our time. “We desperately need the common sense of a Reagan again. Reagan’s policies turned a Jimmy Carter economic disaster (just like Obama’s) into the greatest and longest economic boom in world history, leading to the creation of over 45 million net jobs, over $60 trillion in private sector asset creation, the greatest increase in GDP (Gross Domestic Product) in American history, and the greatest peacetime economic expansion ever. Reagan’s Great Bull Market created more wealth for America’s families than any boom in U.S. history. Mitt Romney is our Reagan- with an exceptional added benefit. Mitt is also one of the most successful businessmen and turnaround experts in America. Mitt is the right man, with the right skills, for the economic crisis America faces right now.

Root believes this is the last stand to save capitalism and our country. “Our backs are up against the wall. Mitt is our last hope. Defeating Obama is simply more important than party loyalty, or worrying about whether our candidate is perfect, or whether we agree on every issue. The only issue that matters now is the survival of our economy, our country, and the American Dream. This fight is for our children’s future. For the quality of life of my four beautiful children- including my 4 and 8 year olds…for my future grandchildren. Under Obama, the American Dream is dying. Capitalism is being extinguished. The Constitution is being shredded. I urge all Libertarians, conservatives, American patriots to join me in supporting and electing Mitt Romney. As President of the United States.”

Wayne Allyn Root
Capitalist Evangelist
Tea Party Libertarian-conservative

To interview Wayne Allyn Root contact:
Sandy Frazier of SandyPR
PH (516) 735-5468
Email: sandy@mystic-art.com

The Party That Booed God

As published at Glenn Beck’s TheBlaze.com on Thursday 9/6/12

By Wayne Allyn Root

I have good news and bad news for the Democratic Party. The good news is that former President Bill Clinton gave a masterful speech last night. The bad news is…he isn’t running. The really bad news is that no one will remember Bill Clinton’s speech by tomorrow, let alone a month or two from now. They never do.

What they will remember (if the GOP does its job) is that the Democratic Party booed God. No, I’m not kidding. Wednesday began in chaos and disarray for the Democrats. Their radical platform committee removed all reference to God in the Democrratic platform. Yes, I said ALL references to God. As in “all.” As in “God is not welcome in the Democratic Party.” As in “God is persona non grata in these parts.” As in “Who needs God when we have the Messiah (aka Obama).”

As a side note, these same geniuses who either hate God, or are embarrassed by the mere mention of His name, also removed much of the support for Israel that has been in the Democrat platform for about 60 years. They even deleted from the platform the Democrat Party’s longtime support of Jerusalem as the capital of Israel- something that has had bi-partison support for half a century in America. Smart move, slick.

Sometime on Wednesday morning, panic set in when the head honchos of Team Obama…who also despise God and can’t stand Israel…but who understand sales, marketing and branding…realized what had happened and threw up their breakfast. That moment of intense stomach distress might possibly have coincided with the moment when distinguished Harvard Law Professor (aka “the Democrats’ brain”) Alan Dershowitz berated the Democratic Party for becoming the first major political party in the history of the U.S. to abandon Israel. Now panic really set in. The media reported that Obama himself made desperate calls to change the platform. He must have realized that without God added back to the platform, his campaign for re-election was dead- before he even stepped on the stage for his Thursday acceptance speech.

Desperation set in. Plans were hatched by Team Obama. The cry rang out, “Bring in Antonio Villaraigosa.” So the Mayor of L.A. (aka “the Democrat hatchet man”) got up on the podium with instructions to ram through a platform change- whether the delegates passed it, or not. These are the things you do in panic and desperation, with the Presidency of the United States hanging in the balance. Obama and Axelrod knew the entire campaign was dead on arrival if God and Israel were not put back in the platform. I’m betting at this point they were on their knees praying for divine intervention.

Even Obama and Axelrod know that you can attack the rich, demonize business owners, and add $5 trillion in debt in only 3 1/2 years…but you can’t diss God and survive in American politics. God isn’t the third rail of American politics- He’s the train itself.

Next we got a good look at the real hearts and minds of rank and file Democrats. The Democratic delegates didn’t want God or Jerusalem inserted back into the platform. By voice vote it was clearly a 50/50 split. Meaning fully half the people in the room were voting against re-inserting God into the Godless Democratic platform. Really? Oh my God.

TV cameras showed close-ups of Democratic delegates with “Palestinians for Obama” signs. They were shouting out their displeasure of the mere mention of Israel. If looks could kill, both God and Israel would be in danger in this crowd.

So Mayor Villaraigosa, tasked with passing a vote for God, no matter the delegates wishes, and hearing loads of dissent, asked for a re-vote. Keep in mind a platform change like this requires a 2/3rd majority. When he heard an even voice vote…he looked stunned, frightened, and confused. So Villaraigosa asked for a 3rd re-vote, as if voting again and again would change what he heard. Again it sounded dead even.

The Obama Presidency hung in the balance. And I’d guess so did a Villaraigosa cabinet appointment. So the Democrat’s hatchet man did the dirty deed. He went ahead and declared the new platform planks approved by a phantom 2/3rds majority. God was back in the Democratic platform!

The reaction was tragic for Democrats. The crowd booed loudly. The Democrats were booing God! Not just God, but Israel too. If you don’t believe me, just ask “the Palestinians for Obama.” There is room for thousands of delegates at the Democratic Convention. Tens of thousands including the media. But on Wednesday the radical Democratic Party made it clear there is no room for God.

When Clint Eastwood put that empty chair out on the stage, who knew it was symbolic of the empty seat for God at the Democratic Party Presidential Convention?

Politics is about “Dukakis riding the tank” moments. Voters don’t remember speeches. They remember images. The Democratic Party created the worst image in modern political history on Wednesday.

The Democrats are “The Party That Booed God.”

That’s the image that will sink the Presidency of Barack Hussein Obama.

Wayne Allyn Root is a REAGAN Libertarian, Capitalist Evangelist, and serial entrepreneur. He is a former Libertarian vice presidential nominee. 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: www.ROOTforAmerica.com

Why Obama has Abandoned Israel and Why Jews Should Abandon Obama

By Wayne Allyn Root

Mitt Romney had an interesting, controversial, and completely ignored line during his speech at the Republican National Convention. Mitt said “Obama has thrown Israel under the bus.” Mitt knew something the rest of us didn’t. The story is shocking- as much for the betrayal of one of our strongest allies- as for the timing.

Obama has gone rogue. As I’ve said for 3 ½ years, President Obama is no friend of Israel. But I thought his betrayal would be timed for sometime after the election- perhaps on a quiet Thanksgiving or Christmas holiday weekend. The fact he has openly thrown Israel under the bus BEFORE the election is a disturbing sign for Jews (and for all Americans who support the right of our longtime friend and ally Israel to exist). Can you imagine what Obama is capable of after the Presidential election- if he never again has to answer to Jewish voters?

On Thursday, August 30th Time magazine disclosed that U.S. Joint Chiefs Chairman, General Martin Dempsey, told reporters in London, “I don’t want to be complicit” if Israel chooses to conduct a military strike on Iran’s nuclear facilities. No top general would ever say anything like that without orders from the White House. Those are clearly Obama’s words, not Dempsey’s.

Even louder than the words are the actions of the Obama administration. TIME reports that a U.S.-Israeli joint war games exercise was postponed several months ago to show Obama’s displeasure over Israel’s plans to strike Iran’s nuclear facilities. After being re-scheduled for this Fall it has suddenly been scaled back,drastically. TIME reports that “well-placed sources” in both countries have confirmed that the Obama administration has slashed more than two-thirds the number of U.S. troops participating; decided not to send crews to operate Patriot anti-missile systems; and will either cut in half or entirely eliminate the Ballistic Missile Defense warships involved in the exercise.

A senior Israeli official told TIME the message the Obama administration is sending is “We don’t trust you.” I would contend the Israeli official is being very diplomatic. The real message is much more brutal: “Good luck Israel. You are on your own.”

Everyone in the Obama administration is aware that an attack by Israel on Iran requires the latest “bunker buster” bombs provided only by the U.S. military. Israel also knows that a pre-emptive strike on Iran (to save itself from the holocaust promised by Iran as soon as it has nuclear capabilities), will result in retaliation from both Iran and Hezbollah. With 40,000+ missiles aimed at Israel from nearby Lebanon, Israel needs not only missile shields, but also military help from the U.S. to protect her civilian population and her very survival.

Even worse, the X-band radar system in the Israeli desert aimed at Iran and linked to Israel’s anti-missile systems, to warn Israel of incoming missiles, is manned by and controlled by U.S. military personnel. Without cooperation from the U.S. military, Israel is literally “flying blind.” The ability to save Israeli civilian lives and shoot down incoming missiles is in the hands of Barack Obama. And his message is clear, “We don’t have your back.”

Given the cold shoulder Obama has given Israel since his inauguration, it is not a major shock that he is the first U.S. President to refuse to help Israel defend her citizens and national security. What is a major shock is his showing in no uncertain terms his bias against Israel’s right to defend herself BEFORE the election.

The question is “Why?” Obviously, first is Obama’s true radical nature – he is no friend of Israel. Second, Obama had no choice, but to abandon Israel now. As I’ve predicted publicly for months now, Israel is assured of no help after the election (if Obama is reelected and no longer has to face Jewish voters ever again). Therefore Israel’s best option is to order the attack before the U.S. election, when Obama’s distaste for Israel may be overcome by his desperate need for Jewish votes and Jewish donors to remain in power. Netanayu undoubtedly told Obama that he has reached the same decision.

Boxed into a corner, Obama is now doing all in his power to stop the air strike now, stalling it until after the election. And of course, we all know Obama loves to please Russian President Putin. Rumors from sources in both Washington and Moscow report that Putin has asked Obama to handcuff Israel. We all heard Obama tell the Russians “Sit tight and give me space, this is my last election. After my election I have more flexibility.” Unfortunately, it’s now clear one of those “flexible items” is to abandon Israel.

As a Jew and a lifelong supporter of Israel, I would ask my fellow Jews to think long and hard at the voting booth on November 6th. Perhaps it is time to consider whether the historic voting patterns of Jews on behalf of the Democratic Party are in the best interests of the Jewish people? Is a vote for Obama, a vote condemning Israel to become a sitting duck in the name of political correctness? Even more importantly, is voting for Obama over social issues, or a woman’s right to choose, worth risking another another Holocaust?

My conclusion: It’s time for Jews to abandon Obama, the same way Obama has abandoned Israel.

Wayne Allyn Root is a REAGAN Libertarian and Capitalist Evangelist. He is a former Libertarian vice presidential nominee. Wayne graduated Columbia University in the Class of ’83 alongside his classmate Barack Obama. 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: www.ROOTforAmerica.com

Why We Are on the Verge of the Greatest Depression of All Time

As published at FoxNews.com

By Wayne Allyn Root

Everywhere from FoxNews.com to CNBC.com, I suddenly see commentators warning of pending doom, economic collapse, and a new Great Depression. Welcome to my club. Perhaps America’s politicians and economists should have paid attention to an entrepreneur and small businessman that has been warning of economic collapse and a new Great Depression publicly for over two years.

More importantly, none of the current commentaries mention the “why’s” of this slow motion economic collapse…beyond the obvious- mountains of deficit and debt. None of them mention the dysfunctional structure of the current U.S. economy and the massive changes in the work ethic and mindset of the average American.

I am a successful small businessman and a patriot who loves America and always sees its greatness. I am also an optimistic, positive thinker who always sees the glass half full.

But not this time.

This time we are in such deep trouble, the only solution is a radical restructuring of the politicians, the economy, and the way we view personal responsibility versus government handouts. If those changes don’t come- we are facing a long decline and the eventual end of America.

This time the results are going to be dramatically worse than 1929. This time we are facing The Greatest Depression ever.

Why? Because The Great Depression had NONE of the structural, economic, and social problems, nor the massive obligations we are now facing. Read the facts:

In 1929 America was not $16 trillion in debt, plus over $100 trillion in unfunded liabilities. That’s over $360,000 in debt per citizen. See:

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2011/12/30_John_Williams__The_US_Has_$100_Trillion_in_Debts_%26_Obligations.html

In 1929, most of our states were not bankrupt, insolvent and dependent on federal government handouts to survive. One county (Cook County which is Chicago, Illinois) now owes over $108 billion in debt (the biggest part of it in unfunded government employee pensions). See:

http://www.freerepublic.com/focus/f-news/2737919/posts

In 1929, we did not have 21 million government employees with bloated salaries, obscene pensions, and free health care for life. Today 1 out of 5 federal employees earn over $100,000. See:

http://www.usatoday.com/news/washington/story/2011-12-26/federal-starting-salaries/52236360/1

77,000 federal employees earn more than the Governors of their states. See:

http://www.washingtonpost.com/blogs/federal-eye/post/report-77000-feds-earn-more-than-governors/2011/03/23/AGLmuUGH_blog.html

Staggering numbers of federal government employees retire at a young age with $100,000 pensions for life. See:

http://www.allgov.com/Top_Stories/ViewNews/Thousands_of_Federal_Retirees_Receive_100000_Dollars_a_Year_Pensions__Including_Newt_Gingrich_120122

Unfortunately on the state and local levels it’s even worse. There is now nearly $4 trillion in unfunded pension liabilities for state government employees. See:

http://video.foxnews.com/v/1692134075001/study-39-trillion-in-unfunded-pension-liabilities/

Protected by their unions and the politicians they elect, government employees are bankrupting America. In Illinois there are retired government employees making over $425,000 per year. See:

http://www.taxpayersunitedofamerica.org/latest/illinois-govt-pensions-over-100000-up-27-since-last-year

No one could have imagined any of this in 1929. There is no possible way to pay these bills moving forward.

In 1929, Social Security, Medicare, and Medicaid didn’t exist. The federal government had no such obligations threatening to consume the entire federal budget within a few years.

In 1929, there was no such thing as welfare, food stamps, aid to dependent children, or English as a second language programs. American’s didn’t consider it the responsibility of government to pay for breakfast and lunch for school students – let alone for illegal immigrant at school.

Who could have imagined back in 1929 that 1/7th of U.S. population would be on food stamps…and the federal government would ADVERTISE to encourage even more Americans to sign up for food stamps and welfare. See:

http://money.cnn.com/2012/06/25/news/economy/food-stamps-ads/index.htm

Who could imagine back then that the federal government would team up with the President of Mexico to encourage Mexicans living illegally in America to sign up for food stamps? See:

http://dailycaller.com/2012/07/19/usda-partnering-with-mexico-to-boost-food-stamp-participation/

Who could have imagined back then that the President would offer not just welfare, but waivers to allow any state to opt out of requiring work to receive welfare? See:

http://www.foxnews.com/politics/2012/07/23/house-gop-questions-legal-grounds-for-changes-to-welfare-work-requirements/

Back in 1929, who could have imagined 86 teenage girls all pregnant in one Memphis high school? See:

http://www.foxnews.com/health/2011/01/14/teens-pregnant-menphis-high-school/

In 1929 we had families, moral codes, and churches to prevent this kind of tragedy. Do you actually believe this is just one abnormal high school? There must be record numbers of pregnant teens all over America. They have figured out that the choice is to either work a drab, depressing job paying minimum wage, or pump out babies and have government pay your bills for decades to come. But where will the money come from? This will overwhelm the system with generations of massive debt. This is a nightmare.

In 1929, legal immigrants wanted only to work. My grandparents from Russia and Germany received no government benefits. They worked day and night to provide for their family and become American citizens. It was sink or swim. My grandmother Anna Root never took a penny in welfare, even when my grandfather died and left her with no job, no money, and 7 young children. So back in 1929 immigrants cost us very little.

Today we have millions of illegal immigrants and their children collecting billions of dollars in entitlements from U.S. taxpayers.
In one state (California) illegal aliens cost taxpayers over $10.5 billion annually just for education, health care and incarceration. Do you now understand why California is bankrupt and insolvent? This is spreading across the country. See:

http://usgovinfo.about.com/od/immigrationnaturalizatio/a/caillegals.htm

More dysfunction? Today new studies show that almost 20% of American children under age 18 are obese and therefore prone to suffer pre-diabetes, diabetes, or cardiovascular disease. See:

http://www.cdc.gov/healthyyouth/obesity/facts.htm

Even worse, by 2020 experts predict that 52% of the adult population of America will have either pre-diabetes or diabetes. See:

http://www.unitedhealthgroup.com/hrm/unh_workingpaper5.pdf

Do you understand the cost of diabetes? This alone will overwhelm and bankrupt America’s healthcare system.

In 1929 we had no federal disability program. Today almost 11 million Americans are on disability. There are more citizens on the disabled rolls than the population of 39 of our 50 states. This is far worse than the welfare or unemployment rolls- which have time limits. Disability is forever. The ratio of able-bodied workers to disabled in 1967 was 41 to 1. As of June 2012 it is now 16 to 1. It is impossible to pay this bill long term. See: http://cnsnews.com/news/article/8753935-workers-disability-set-another-record-july-exceed-population-39-states

But wait…it gets worse. Now soldiers are in on the act. Are you aware 45% of returning vets are claiming “disability”- a number that dwarfs all prior records in the history of warfare. No nation can afford this. See: http://www.usatoday.com/news/health/story/2012-05-28/veteran-disability/55250092/1

In 1929, we had an education system that was the envy of the world. Today our public schools are in shambles. We spend the most money in the world, and get among the worst results. The difference today? Teachers unions are in charge, instead of parents. Our students graduate with few skills, qualified only for low paying manufacturing jobs that no longer exist- they’ve been shipped to China and India. What will this workforce do for the rest of their lives? Live off the government dole? Who will pay for it?

In 1929 taxes were much lower. Forget the tax rates- they were meaningless. In those days we had a cash economy, so most businesses paid little or no taxes. Sales and FICA taxes didn’t exist. Today the combined local, state, property, gas, sales, FICA and federal taxes are the highest burden in history. Unconvinced? When income taxes started in 1913, the average American was untouched. Only the richest 350,000 Americans paid a 2% income tax. Today the average American works until April 12th just to pay his or her taxes. See:

http://actionamerica.blogspot.com/2011/03/us-tax-freedom-day-clock-2011-released.html

This stifles entrepreneurship and hinders the financial risk-taking necessary to create jobs and get out of a Great Depression.

New numbers just out for July back up my contention that disaster looms. Sales tax revenues plunged an alarming $539 million below expectations in California last month. The jobless rate rose in July in 9 out of 10 battleground states- Iowa, Florida, Michigan, Nevada, New Hampshire, Pennsylvania, Virginia, Colorado and North Carolina all had higher unemployment (while Ohio held steady). They say bad news comes in threes. Well here’s the worst news of all- the American Petroleum Institute reports that demand for oil in July was at the lowest level since 1995. These figures are alarming- to say the least.

Do you get the picture? Our country is staring at the Greatest Depression ever. We face a long slow decline towards the end of America- unless we change paths and policy quickly.

The economy is crumbling. The situation is turning more hopeless by the hour. The more government gets involved, the worse it gets. Coincidence?

The solution is actually simple- dramatically cut the size, scope and power of government; cut spending; cut entitlements; cut taxes; cut government rules and regulations that smother, damage and destroy businesses, prevent startups, and kill jobs; reform Social Security, Medicare and Medicaid; reform public employee pensions; stop the wars (we can no longer afford to police the world); end or reform the Fed; end bailouts and stimulus (ask Japan about the failures of repeated stimulus); end the Democratic obsession with green energy and high speed rail (ask Spain about the waste in those two programs); encourage oil and energy exploration; encourage job creation by small business and the private sector; term limit politicians; institute school choice; and back the dollar with a gold standard.

Or, like so many other great empires of history, America may never recover from this Greatest Depression of All Time.

Wayne Allyn Root is a Capitalist Evangelist and serial entrepreneur. He is a former Libertarian Vice Presidential nominee and now serves as Chairman of the Libertarian National Congressional 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: www.ROOTforAmerica.com