Businessman Glenn Beck: I Can't Trust Obama

Businessman Glenn Beck: I Can't Trust Obama
by Jason Mattera 10/05/2011

Who would’ve thunk it? Barack Obama is the underdog in the 2012 election, as he claims. Usually when you have an eye on raising $1 billion dollars for your campaign, the use of the word “underdog” does not apply. Especially when you’re the incumbent President.

The reality, of course, is that Obama is making a lame attempt to appeal to the American spirit of rooting for the little guy. Except in this case, the little guy means reelecting a chap whose solution to every societal problem is to hire armies and armies of bureaucrats, who then spit out pieces of legislation or enact complex regulations that make it harder for employers to go out and make hires.

Which brings us to Glenn Beck. We all think of him as one of the biggest media personalities, but we glance over the fact that he’s a businessman as well. His overarching company, Mercury Radio Arts, raked in $40 million in the 12 months prior to the launch of GBTV, a source close to the operation told HUMAN EVENTS. Beck said that four years ago he employed around six people, but now that number has shot up to more than 100. “I’ve created a few jobs during his administration,” he jabbed.

Like nearly any entrepreneur will tell you (even the founder of BET is fed up with Obama), this administration has created an awful business environment, whether it’s in the form of government’s involvement with health care, energy production and banking, or with bungling appropriate ways of reducing our vast debt. In fact, on the subject of debt, that money has to be paid back eventually, either in the form of massive cuts, higher taxes or a debased currency. And when business leaders hear the President and his political party hell-bent on raising taxes on those who are in the position to create jobs as the way to curb the public debt, they’re going to sit on their money and not risk expanding the shop.

Why would they?

As Beck tells us, “If I can’t predict what the government is going to do six months from now, I can’t invest. If it wasn’t for the uncertainty in this presidency, I bet I would have created 200 jobs by now, not 110.

“There are things that I can do, but I don’t trust that things are going to stay stable. I don’t trust that [Obama’s] not going to regulate or do something else.”

Watch Part 3 of our interview with the host of GBTV: