Posted on 10/25/2011 8:12:12 AM PDT by pabianice
Living in housing he (and we) can scarcely afford.
If President Barack Obama were a legal document, he'd be a sub-prime home loan.
The nation's housing crisis seems an apt metaphor for the president and his political position one year before he stands for re-election.
Like nearly a quarter of the mortgage loans outstanding on U.S. homes, Obama is under water. His poll ratings are low and sinking. Gallup records 43 percent approval, 49 percent disapproval. Three-quarters of American voters think the country is on the wrong track under his leadership. In moving into the White House -- a very fancy address -- Obama bought a lot more house than he could afford, based on his ability and experience.
Obama finds himself in this upside-down state because his leadership skills simply aren't sufficient to make the payments on the big, questionable loan that the American voters made to him in 2008. Like those banks that were willing to extend mortgage loans to risky prospects without documenting their credit-worthiness, the voters gave the untested, inexperienced junior senator from Illinois the keys to the White House, simply because they were sick of the guy and the gang that had occupied that property for the prior eight years.
(Excerpt) Read more at spectator.org ...
Yep. The American voters made a “liar loan” to 0bama. And were shocked to find out he had exaggerated on his application.
If you agree with this article, then you may also say that Obama is merely incompetent or an idiot. I, personally, don’t think so. I am a member of the camp that believes that everything he’s done has been according to a well-thought out plan to bring America and the world-wide economy down (Alinksy). If you see his actions from that perspective, it all makes sense.
Aaaw crap. I was expecting a news flash that Obama was being water boarded at Gitmo to extract the truth about his birth etc.....................
I don’t think The One cares one bit about his negatives.
He’s effectively managed to skirt the Constitution and the whole representative process with his czars and executive orders, he’s got enough clout in the Supreme Court to negate any bona fide challenges to his eligibility, and tell me who (beyond a very brave and very few) in congress has the stones to stand up to this poseur?
So, when the normal checks and balances to an increasingly tyrannical government are gone, what are the options?
(Hint: It’s NOT surrendering!)
Wake me up when he drowns.
The housing market started to rise in the late 1960s-1970s and by 1980 the cost of a square foot to build a house went from around $50.00 per sq. ft. to $80+ per sq. ft and climbing. Pretty soon a $50,000.00 house now cost $90,000.00 to $125,000.00 depending on location. The rest is history.....the cost of a house with or without acreage way out cost what is was worth. No one tried to stop that run away train with few exceptions...many could see the coming wreck and many were priced out of owning their own home; the job market was drying up, labor began to complain, welfare became ‘healthy’ again...folks did not want to work for less than the empty big bucks they had become accustomed to and began to demand more and more for less and less.....Greece anyone?
You are assuming that the value of the dollar remains the same. $1.00 in 1950 had the same buying power as $9.29 in 2011.
Your right.
We are not dealing with a regular politician.
Polls mean nothing to him. Neither does the law.
He has been allowed to skirt the Constitution, so he is being allowed to run wild with no restrictions.
He is confident enough to publiclly say that he is just going to go around congress.
His fellow travellers are publically speaking of suspending elections and the Constitution.
He is illegally consolidating more and more power daily and yet no one gets in his way.
He shows nothing but contempt for our country and it’s people while pubically showing loyalty to radical islam.
He and his party have spent us all into debt that we may never recover.
He is on a mission to destroy us, so why should he care about an opinion poll.
I agree that this is not by accident. This is the PLAN! People keep trying to rationalize his actions as being by someone who is clueless. He is NOT clueless. He is a MARXIST determined to bring his demented philosophy to the whole world. The sooner more people realize that is what is at stake here the sooner he will be stopped. Failure is not an option! At least not if you want to live in an American Constitutional Republic instead of a 6th century muslim/marxist toilet. Those of you who read this and think that "It can't happen here" wise up. It has almost happened already. "While America slept....
No, not assuming the dollar did anything but lose power...jobs were/are being outsourced to keep up with the competition (?) the EPA has sent most manufacturing to other countries where a little dirt in the air keeps food on tables at lower wages....unions continue with demands as if there were no EPA etc. so more jobs go over seas - Longshoremen are analogous to the housing market - way over paid, keeping costs artificially high Cars, boats, ships, subs, military equip, kitchen equip, clothes, etc. are made with 85% of foreign if not 100% parts from OTTUS - (other-than-the-US)....no matter what ‘it’ might cost, the United States dollar buys you less and less while the people demand more and more.....
Resign or be Impeached, Obama: “WE JUST CAN’T WAIT!”
AMEN! I am sick and tired of the 'fox-trot' around this Marxist; the apologist's on Fox and other MSN even Brit Hume seems a little timid about calling a Obama a Marxist when it is staring him in the face...I think he would but his boss's want the tiptoeing to continue. Krauthammer pretty much calls Obama what he is...a Communist.
Good one!
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