• With: Harry Alford

    This is a rush transcript from "Hannity," February 26, 2013. This copy may not be in its final form and may be updated.

    SEAN HANNITY, HOST: He was once a supporter of President Obama, but not anymore. My next guest is not mincing words when it comes to his critic of the commander in chief.

    Now here's the back story. Late last week after a National Press Club conference on gun control, our friends over at the Daily Caller caught up with Harry Alford, the president and CEO of the National Black Chamber of Commerce, and they asked what he thought about President Obama and his policies. Here is part of his response.

    (BEGIN VIDEO CLIP, THE DAILY CALLER, FEB. 22)

    HARRY ALFORD, NATIONAL BLACK CHAMBER OF COMMERCE: He doesn't have a clue. He's never had a business. He's never had a real job. He doesn't understand how it all works. He's just -- as you know, I don't really support him too well and he knows it and that's a badge honor.

    He's bad. And I supported him, I voted for him first time around I had hopes because he is black, shame on me. He is not Adam Smith. He does not believe in capitalism the way America, our Founding Fathers did it. He is very social and it's getting borderline communist.

    (END VIDEO CLIP)

    HANNITY: Joining me now to help explain is the man who just heard from. Harry Alford is the co-founder, president and CEO of the National Black Chamber of Commerce. Sir, good to see you. Welcome back.

    ALFORD: Well, thanks, Hannity, Sean. I'm glad to be back.

    HANNITY: We're glad to have you and actually have a discussion. We got little fireworks at the beginning of the program. Let me ask you, you said something that caught my attention, before we get to Obama. I voted for him the first time around, I had hoped because he was black, shame on me. What did you mean by that, sir?

    ALFORD: It -- we were in such hopes that finally that black leader came around and that he was tall and handsome and could speak so eloquently and he was going to lead us and take us to a new level.

    We were kind of blinded by that, we being the African-American community, basically, and many others, Hispanics and others, it didn't turn out that way. You know, it's like the old Roberta Flack song "Killing Me Softly," wins me over and sweet talks to my death if we don't watch it.

    HANNITY: I like the song, but I don't like the way this has turned out. The president has been scaring people a lot, demagoguing about the economy. Here is my fear. We've got 50 million Americans on food stamps. We got one in six Americans in poverty. We've got $6 trillion in new Obama debt and now the economy is contracting. What has he done wrong, because he said he would fix all this?

    ALFORD: He hasn't done anything to fix it. He's been there ignoring it. He's spending, spending, spending. That's the problem, spending. He wants a tax, tax, tax. Yet the irony of it is, you know, he dogs successful people, he says they're bad, rich is evil, but yet, he's courting on his knees to rich to come and give him some money so that he can use it for whatever reason, I don't know. He's turned -- I don't know what he's planning for us.

    HANNITY: When you look at demographics, and probably we spend too much time breaking things down demographically, we're all Americans. But, you look at the African-American community voted for him 95 plus percent, huge numbers. When you look at break down demographics, it's the young people in this country that voted for him in a majority of numbers. African- Americans, minorities that seemed to be hurt the most by his policies.

    ALFORD: Absolutely.

    HANNITY: Why then would they vote for him?

    ALFORD: And they even know it, NAACP admitted it on "Meet the Press." We know this misery but it's something like, we've got a bad guy in the family, but protect him because he's family.

    We've got to wake up, slap ourselves and wake up. This is America and everybody's involved in and if our children are hurting, it's our responsibility to find someone who understands that pain, feels it like Bill Clinton would say. This guy doesn't feel it. In fact, he --

    HANNITY: Go ahead. Finish your thoughts.

    ALFORD: In fact he issues a lot of that pain with a smile.

    HANNITY: And you said he's not Adam Smith, doesn't believe in capitalism the way our founders did and he's very social and becoming borderline communist.

    ALFORD: I said it and to my advisers and including my wife, I should never say that, but --

    HANNITY: Why? Why do you believe it?

    ALFORD: Well, it's so anti-capitalistic, this distribution of wealth, that to me, that says it all. He wants to redistribute wealth, take money that was honestly earned and taxed by people who struggled and suffered and did and paid the price to win that money or at least keep it.

    He wants to take it from them, give it to people who don't have to do a thing. It's the will of the state to oversee everyone and for the unions to control the employees and for the CEOs just to sit and be quiet while he we take all we can and then tax the rest.

    HANNITY: To each, according to his need, and to each according to his ability and the people working in New York and California paying over 60 cents of every dollar they make for the government, state, local federal government, et cetera. You also said he doesn't have a clue. He's never had a business. He's never had a real job.

    Why don't you think that the media in this country paid attention to the fact? I still don't know what a community organizer is. Maybe you can help me out. I don't know what an ACORN guy is, we see ACORN and what they're involved in the elections. Why do you think that the media ignores it and gives him a pass?

    ALFORD: I think they're in on it for some reason. I can't figure out our media. I used to have the faith in the media that they would print the news and the truth and it looks like we're having in a couple of entities, it resembles the Soviet Union, doesn't it?

    HANNITY: I will say this, there is a state run media and democracy I would argue, sir, cannot function without a diligent media that does its job, and we don't have that in the country right now and we really don't, media, mainstream media. And President Obama, let me get your thoughts.

    Why does he get away with this fear mongering, cutting 85 million out of 6.3 budget, he's already increased the budget 20 percent, and we're trying to save the country from accumulating more debt. Why does he go through this whole fear mongering over just a small cut after dramatic increases? Why do you think he's doing that?

    ALFORD: It's part of that divide and conquer. He's trying to bait and switch. The deal is we want a three percent reduction, three percent.

    HANNITY: It's 2.4.

    ALFORD: That's peanuts. You can do that. That's so simple. When I was in corporate America, the boss said we're going to have to decrease the budget 2.4 percent, we'd all start dancing.

    HANNITY: All right, sir, good to see you. Thank you for being with us.

    ALFORD: Thank you.

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