Why Obama is AWOL on the market meltdown

National Post ^ | November 22 2008 | David Frum

[knighthawk]

The worse Bush looks in 2008, the longer Obama can blame him for the problems of 2009, 2010 and 2011"

Thursday was a terrible day in the financial markets. Hit by dire unemployment numbers, equities tumbled, and investors raced for the safety of U.S. government bonds. The interest rate on short-term Treasuries has dwindled to 0.02%; the interest on low-grade corporate bonds has soared to 20%.

[BenLurkin]

Obama wants a depression.

Just ask Rahm “crisis” Emmanuel.

[knighthawk]

Ping

[Jet Jaguar]

He’s voting ‘Present’ as usual.

[goldstategop]

The Democrats will be running against George W. Bush for a generation.

"Show me just what Mohammed brought that was new, and there you will find things only evil and inhuman, such as his command to spread by the sword the faith he preached." - Manuel II Palelologus

[Perdogg]

He better get in his gym time now.

[penelopesire]

David Frum quoting Paul Krugman repeatedly. Why am I not one bit surprised....(eye roll)

[Yogafist]

He is AWOL because he is clueless. He is in so far over his head, and we are going to pay the price.

[FrankR]

"The worse Bush looks in 2008, the longer Obama can blame him for the problems of 2009, 2010 and 2011"

- Obama has made no secret about his hate, distain, and disgust for George Bush.

- Obama is very thin-skinned and can't abide criticism.

- Obama wants to be elected for a 2nd Term.

- Obama wants to raise your taxes

All of these logically lead to the reason that Obama - he lay low.

[goldstategop]

Running the United States is very different from being One of a Hundred in the Senate. That's why, as a rule, senators don't get elected President.

"Show me just what Mohammed brought that was new, and there you will find things only evil and inhuman, such as his command to spread by the sword the faith he preached." - Manuel II Palelologus

[org.whodat]

I don't get it, the dirt bag is not in office, If he came out and started acting like he was president, people would be raising hell about that as well. How about following the constitution.

[Born In America]

They have to keep the duct tape on his mouth. There are no teleprompter prepared comments for him to use in an impromptu type presser. The market is scared to death of the potential in an 0bama admin and it will continue to get worse before it gets better....

[goldstategop]

And he has zero executive experience. He's good at talking about nothing unlike any one I've ever seen but if you expect him to take a definite stand, you'll be disappointed.

"Show me just what Mohammed brought that was new, and there you will find things only evil and inhuman, such as his command to spread by the sword the faith he preached." - Manuel II Palelologus

[Libloather]

Obama can blame him for the problems of 2009, 2010 and 2011"

Don't the RATS control congress? Are they AWOL as well? Seems like it...

[COBOL2Java]

[goodnesswins]

Oh, I do NOT think the RATS are “AWOL”....the RATS created this MESS...and they’re loving it....they’ve got people where they want them.....starting to panic...

[Sacajaweau]

The new minimum wage forced how many people to be let go...or not hired?

How many people entered the work force in the last six months?

How many people are waiting to see what Obama does before they hire?

Are illegals gertting unemployment?

[uncle fenders]

Well, just like that video of captain telepromter being late to so many commitee meetings in so little time, he probably is having second thoughts. Honestly when you look at what positions he has been in, and what little he has ever done with them, I think he is a more interested in getting places, than doing things, which would explain picking people to surround him that will take over..

[PressurePoint]

When McCain asked Obama to participate in a solution to show the American people the power of a unified front, he declined.

Right now, Obama could announce no new taxes on investors and it would do a world of good, but he declines.

He wants the biggest emergency he can have on Day 1. This was the plan from the socialists all along. They never actually thought the CRA could create wealth and homes for the poor. They knew bankruptcy would be the result. They never really believed we could spread borrowed money to the masses forever. But they did it anyway. Because the bankruptcy of America creates a "new paradigm," an opportunity for the "change we've been waiting for," ...

History shows there have been other "leaders" who have fomented stress on the system so when the system breaks they can create a "new system" with their vision. I leave it to the reader to figure out who those "leaders" were.

[vietvet67]

He's too busy eating pie to be bothered with questions about the economy.

I like pie. Do you like pie too? I knew you would.