Barack ‘Adam Smith’ Obama?

By Ellis Washington

“Statistics show not only that our levels of income inequality rank near countries like Jamaica and Argentina, but that it is harder today for a child born here in America to improve her station in life than it is for children in most of our wealthy allies, countries like Canada or Germany or France. They have greater mobility than we do, not less.”

~ President Barack Obama

To the 65,910,437 people who voted for Obama in November 2012, I ask: Based on the above statement where Obama gleefully cites “statistics” comparing America’s level of “income inequality” to socialist hellholes like Jamaica and Argentina, who has been president of the United States over the past six years?! And who was elected to correct the “worst economy since the Great Depression,” which is how Obama repeatedly mischaracterized the recession of 2008 when George W. Bush was in office?

Speaking at a forum earlier this week sponsored by the leftist think tank Center for American Progress, Obama promised to dedicate the remainder of his presidency on shrinking the income and opportunity gap between rich and poor, increasing the minimum wage, increasing the funding for education from pre-school through college, and a defense of welfare and entitlement programs such as food stamps and unemployment insurance, while standing strong with Marxist labor unions and conflating economics to promote the radical LGBT agenda throughout society.

Obama is back on his Marxist Propaganda Tour 2013 to make you think that Obamacare will still allow you to keep your own doctor and keep your own health-care plan despite the fact that the administration already has caused tens of millions of Americans to lose their health-care insurance on purpose to force them into a one-size-fits-all Marxist health-care system where rationing and government-dictated deaths are inevitable.

Yet, Obama’s narcissism always pushes him further into the abyss.

In that speech, he spit in the face of history to cast Scottish moral philosopher Adam Smith (1723-90) the father of economics and free-market capitalism as a supporter of his socialist health-care plan. He gets away with this insanity because truth doesn’t matter to his political base; Obama’s LIVs (low information voters), true Kool-Aid drinkers, will believe all the lies and disinformation that comes out of his mouth no matter what because the end result is power and control over the masses.

Regarding Adam Smith, Obama had the temerity to state: “This shouldn’t be an ideological question. You know, it was Adam Smith, the father of free-market economics, who once said, ‘they who feed, clothe and lodge the whole body of the people should have such a share of the produce of their own labor as to be themselves, to be well-fed, clothed and lodged,'” he continued. “For those of you who don’t speak old English, let me translate: It means if you work hard, you should make a decent living.”

I’m certain that 95-99 percent of Obama’s audience are clueless as to who Adam Smith was. Just as Marx, Charles Darwin and Nietzsche are to the left, Smith, the father of economics and free-market capitalism, is to conservatives on the right; he is our philosophical progenitor. Smith’s famous treatise, “Wealth of Nations,” was even published in that critical year of 1776 – Smith liberated economics from monarchical cronyism and slavish mercantilism while America concurrently declared our liberty from the tyranny of King George III and British colonial rule.

Citing U.S. Census Bureau data, the Republican National Committee pointed out that since Obama took office, poverty has increased from 13.2 percent to 15 percent, with 6.7 million Americans having fallen into poverty under a week job market during the Obama administration. As of 2012, there was a total of 46.5 million Americans living in poverty, according to the Census Bureau information.

If Obama or any Democrat thinks Adam Smith would have supported Obama’s Marxist economic policies, then they have never read Adam Smith who famously said, “It is not from the benevolence of the butcher, the brewer, or the baker that we expect our dinner, but from their regard to their own interest.” In other words, businesses don’t exist to give you a job or pay your health insurance. It is the moral self-interest of the creative, innovative, the smart and hardworking that made America the greatest country in the history of the world, not welfare slavery.

In fact, in an article in The Blaze, Pastor Chad Hovind traced modern economics and capitalism beyond Adam Smith back to God and the Ten Commandments:

Capitalism is not just a good idea, it’s God’s idea built on timeless biblical principles including property rights, freedom, incentive, and the rule of law. These Godonomic principles saved the pilgrims from the spiral of starvation caused by practicing socialism.

When Gov. William Bradford, of the Plymouth Colony, switched to a free-enterprise system that he extracted from the Scriptures, productivity and generosity were released. Free enterprise resulted in the bounty of our first Thanksgiving. (If a group of zealot Puritans can’t make socialism work, why would we think that Washington, D.C., could make it work?)

If you really, really want to understand the mind of the Democratic Socialist Party, progressive voters and the anti-capitalist, anti-Christian policies they have promoted with reckless abandon since the 1850s, simply examine the judicial opinion of Chief Justice Roger B. Taney whose infamous holding in the Dred Scot case (1857) affirmed slavery in the most egotistical and vile terms, as he declared that “… the negro has no rights that the white man is bound to respect.” Allow me to revise Chief Justice Taney’s racist words to represent the core and credo of the modern Democratic Party today:

On economics in Detroit: Bankrupt Detroit has no rights that corrupt union cronyism, NEA miseducation, welfare addiction, ghetto glorification and Democratic Socialist Party slavery is bound to respect; On the sanctity of life: Pre-born babies have no rights that a woman, Planned Parenthood and the Democratic Socialist Party is bound to respect; On capitalism and taxes: American taxpayers and American businesses have no constitutional rights that the IRS, EPA fascism and the Democratic Socialist Party is bound to respect.

President Obama, I knew Adam Smith. Adam Smith was a friend of all my intellectual mentors, and sir, you are no Adam Smith!



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