This is rather interesting to say the least….
Q: How do you respond to criticism that your administration hasn’t done enough to support black businesses?
A: My general view has been consistent throughout, which is that I want all businesses to succeed. I want all Americans to have opportunity. I’m not the president of black America. I’m the president of the United States of America, but the programs that we have put in place have been directed at those folks who are least able to get financing through conventional means, who have been in the past locked out of opportunities that were available to everybody. So, I’ll put my track record up against anybody in terms of us putting in place broad-based programs that ultimately had a huge benefit for African American businesses.
Q: The resurrected financial services industry hasn’t stepped up in terms of providing adequate capital to small- and minority-owned businesses.
A: There is no doubt that American taxpayers stepped in and pulled the banking industry out of the fire. It was controversial. It was messy. Ultimately it was the right thing to do for the economy. But it is true that once banks got back on their feet they haven’t been as aggressive in lending to small and medium-sized businesses as we would like. And I’ve had conversations with the major banks about this issue. What they will say is that some of the additional regulations have impeded some of their capacity to lend. We don’t see major evidence of that.
via Pres. Obama Talks Black Businesses, Black Unemployment [Exclusive].
My feelings on this are mixed. As a white American, I like the idea that President Obama realizes that he is the President of the United States of America and that he does not intend to kowtow down to any particular ethnic minority. However, if I were a black person, my feelings would be greatly different. Many blacks in this Country voted for Obama for the sole reason that he was black. These people are most likely feeling as if they have been taken advantage of by this President. I would imagine that the phrase “house negro” comes to their minds as well.
It just seems to me that Obama is doing everything he can, and making every gaffe that he can to prevent being reelected to the office. Because as it is now, the far left has abandoned him, the independents have abandoned him and even some of the mainstream liberal Democrats have left him too. My question is; what is left? Is Obama trying to scare off the black business owners too or the black vote in general? It sure seems that way to me.
November is going to be one interesting election. Because if Obama does not want the office of the President of the United States of America, there is a Republican who will be more than happy to take it from him. The sad and sick part is that there are Republicans are actually foolish enough to believe that Mitt Romney is actually a true, rib-rocked, Conservative — something that they will find out, come the winning of the election.
Those are my thoughts and I would like to see yours in the comments section below.
