pass a farm bill last week without more drastic cuts to the food stamp program.

"This is not about party, this is about principle," he explained. "This is about understanding what limited government really is and what fiscal responsibility is."

West also ripped Obama's tax proposals, claiming the "president has a sign up that says America is not open for business."

"Obviously he does not understand that small business owners operate from a personal income tax rate," he insisted. "So when you want to raise those personal income tax rates, the top brackets, from 33 percent up to 37 percent, from 35 percent to 39.6 percent, you're talking about affecting the very people that are the economic engine of this country."

"Why? It's very simple. He does not want you to have the self esteem of getting up and earning and having that title of American. He would rather you be his slave."