It saddens me to say that our President has taken the "blame game" and the "credit grab" to a whole new level. Now that the country has rejected his claims that we would experience locusts, plagues and pestilence as a result of the sequester budget cuts, he has a new strategy. He is now blaming Republicans for results that haven't even occurred yet.

He claims, with confidence, that these automatic cuts will cost 750,000 jobs in the future and reduce growth in our GDP (Gross Domestic Product) by over half a percent. And we all know how accurate his past forecasts have been. Unemployment never did go over 8%. Oops, yes it did. But, he was "dead on" with his original estimate of the cost of Obamacare. Oops, the CBO (Congressional Budget Office) now admits that the cost will be DOUBLE the original estimates. Oops, might be triple...

America greeted 2013 numbed to the absurdity of 0% interest rates, endless Federal Reserve bond purchases and $1 trillion deficits. President Obama imposed a January fiscal deal that added $4 trillion to the projected national debt, on the surreal claim that the U.S. government doesn't have a spending problem. His Cabinet and policy choices show satisfaction with the status quo and a state of denial over the dangers ahead. In December he made the claim of national well-being: "Our economy is really starting to recover, and we're starting to see optimistic signs."

However, per the U.S. census, inflation-adjusted median household income has fallen for more than a decade, a stunning national failure. The federal debt has topped $16 trillion, which is more than our entire GDP. Much of the increase is being funded by the Fed's $1.6 trillion in dangerous overnight debt to the banking system...

Since Obamacare was passed I've wanted desperately to understand what was in it, but struggled with how to do that. Should I read the almost 3,000 page bill, and would I even be able to understand what was in it once I did. Even Nancy Pelosi famously said, "We have to pass the bill so that we can find out what's in it." If she didn't totally understand it after she read it (I'll give her the benefit of the doubt), what chance would I have? It would take me weeks and I would be no better off.

So, I decided to talk to a small businessman, and friend, who has already had to work within its regulations and would have to comply with future rules as they come into effect. What I found was that there are many regulations that will challenge small business owners and there is one huge unintended consequence we should all understand. But first let me tell you about the entrepreneur that I interviewed...