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President’s Policies Hurting His Support?

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    National Black Chamber of Commerce CEO Harry Alford on why the President’s policies may hurt his support from his base.

  • Duration 5:03
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Now Barack Obama risks losing his base not only those environmentalists who are increasingly fearful little cave on keystone -- let the pipeline -- through.

The very powerful African American -- more fearful about what he sees coming down the pipeline period from this president.

The -- him -- commerce CEO Harry.

Alpert who.

Is losing hope in this president.

The -- -- have you and thank you for coming.

You -- -- for this president the outset.

You very proud and African American made to the White House.

What happen.

-- started doing things mail first off thank you ever have been on -- show pleasures that things started going down heal our guess it was in February.

You know he's inaugurated January 21 one circuit in the first week in February.

He issues his first executive order which was a pro project labor agreement.

Executive -- which says union only for construction projects over a million dollars on all federal projects.

So that was the first -- -- and -- of what.

I've made it clear to his people.

That millions discriminate construction unions and that 98%.

Of black owned construction companies.

Are not union and they hire black laborers.

Of that report this -- only -- -- need apply.

I told them that up front and I've told -- go ballistic.

If they did it and they did it with -- now we've been fighting never cents and has been worse.

You know -- investor.

Told him that salary and and and and embrace this within what did he say and -- -- -- -- to -- to them directly or towed to our jurors chief of staff right.

And they said that is by the way did that is the president right there and you can forgot I had felt -- -- -- And -- -- -- him and I guess the federal go away or that I would just -- -- Not have a and on some of these environmental mental issues.

All the way up to now gotten control.

And this -- -- I'm totally enraged that a person who doesn't take in account -- -- -- -- Or that security.

For the welfare of the American people he's got his own ideas his own business and -- Obama does what he wants to do we need to check -- Do you ever worry as a prominent -- -- -- our own right when you look at African American voters and realize that 96 plus percent.

Voted for the president.

That you're sort of like in in a different vote.

They keep the faith no we're we're starting.

Bit by bit chip away at that I think as time goes on is the suffering goes on people real wake up and smell the coffee.

This isn't happening.

So -- the president has the better approval numbers of course next to congress.

Used car dealers do and that is.

No offense -- used car dealers under saying that.

He seems that the PR -- you you think that sort -- that that there could be problems cropping up.

-- -- yeah I think the mainstream press is really benefited him it's it's massive strike.

Stay -- state owned -- services.

I've never seen anything like this in my life a -- until they didn't have so much love from the mainstream press.

Well you're right about that I had then.

What do you think's gonna have a -- the president might be pushing this too far.

Invariably is going to offend environmentalists if -- goes through this pipeline even though unions and other core base will like him.

Breaking on that.

But by and large the business community guys like you in the -- represent.

Still say doesn't have their interest the president comes back and immediately says I will look at the markets are -- realize the Dow might.

Might be at a record high on the trend is my friend look at all all this activity going on.

When you hit the fan is gonna all hit the fan when they know yeah it's.

The correction is coming it's but I think we're walking on thin ice the correction is coming.

We're running out of money facilities are located Bernanke presently -- -- trillion dollars and the dollar.

I -- is just totally responsible.

And sooner or later you have to -- piper.

So what would you like to see if you you sort of deterrent posture what -- they would -- Stop with the spending hikes would be more aggressive on cutting rather increasing taxes what.

Well we have a budget first off Filipino or we're going and what we need to do.

Let's have a budget.

Cut it and and start working on this debt in this deficit.

My boys don't want assumed debt mess my grandchildren certainly don't wanna say it.

That that seems to -- so we've run out of time reviews so thank you for stopping by we have wonderful prize and -- -- Larry really very good stuff.

Very good reminders.

For everybody thank you very much thank you resilient.

Or.