Posted on 03/14/2009 11:17:01 PM PDT by 2ndDivisionVet
There is much more to the fact that President Obama now polls lower than President Bush did at fifty days into his presidency than merely what bi-partisan pollsters Schoen and Rasmussen were able to point out this week. In nearly every category of performance, President Obama has adeptly demonstrated that he is in over his head, and sinking fast. "We the people" sense his inability to make sound decisions and thusly, the President has wiped out nearly all of the Republican support he enjoyed not long ago, and Independents are not far behind.
When you consider the sector of the Democratic base that thinks raising taxes on everyday working people is bad, you even begin to see a schism in his base not previously thought to be possible.
Seriously, in nearly every category of governance he has messed up royally, and is clueless, or wantonly stubborn to do the things that will fix any of the problems. At the end of the day something will change. President Obama will formulate new policies, or "We The People" will use a shepherd's staff rather easily in 2012.
In my syndicated column and on my blog, I have been tracking the number of campaign promises that he has broken. Yet many of these don't even rise to half the level of importance on the issues that "We The People" are growing increasingly concerned about.
On the economy, the unemployment numbers have skyrocketed in the opposite direction, escalating especially hard following the signing of his stimulus plan. The plan, according to leading ecconomists, that only dedicated roughly 3% of the total amount towards actual job creation. On this point Warren Buffet, one of President Obama's strong supporters in the campaign, expressed grave reservation.
One of the great lies that President Obama continues to try to perpetuate is to say that "going green" would jump start economic growth. At the same time, he restated in his address to Congress what he had said on the campaign trail: that no family earning less than $250,000 would see an increase in taxes. Yet every family in America is going to pay additional tax under his cap and trade program. By essentially punishing "evil big business" for carbon footprints, the feds claim they will tax said "evil" businesses to show them who's boss. Oddly enough, those "evil" businesses will never feel the sting because they will pass the cost of the imposed taxes on to the consumer in the form of higher prices for simple things like electricty, natural gas, and whatever forms of energy they may use.
On foreign relations he spoke loud and long about removing embarrassment from the reputation of the United States to our allies. He prompty begins his administration by giving the very first sit down interviews to networks run by our enemies. He then thrice insults Great Britain, our closest ally of all. He is left with major distance between his wishes and those of Israel, our closest ally in the mid-east. And topping it off, this past week his administration dealt with Brazil, our closest ally in South America, with the same kind of "White House gift shop" hospitality he had just kicked Great Britain in the knees with.
On national security Chavez has taunted him, North Korea has threatened him, Iran has burned him in effigy, and Russia, Cuba, and Venezuela are plotting ways to put Russian long range bombers in our hemisphere and directly off our coast.
On terrorism Iran, Al Qaeda, and bin Ladin are openly laughing at him. Maybe his giving Hamas -- a terror group, on the international terror watch list -- 90 million dollars, wasn't quite the bold stroke of genius his cabinet told him it would be.
No doubt, however, that President Obama's most pressing problem with the public is the fact that now 83% of the American people say they are worried that the steps he has taken to fix the economy will have the opposite effect and make things worse. 82% of the American people say they are worried about the monstrous rise in the national debt. 78% of the American people believe inflation will come quickly. And 69% do not have any confidence in the role of government mandated solutions to the economy. There is also now no sense in the American people that the stimulus will have any positive effect any time soon. Only 60% hold out hope that it will have any impact realized four years from now.
Most importantly by a margin of 12% the American people believe the stimulus will only help and unfairly benefit those who have already been irresponsible.
Every single one of the actions described and taken in this piece are actions connected directly to Obama. Remember, a clear majority of Americans thought any form of stimulus help should have come primarily through reducing the tax burden, not saddling it up for rides into the sunset.
We've heard the word "crisis" roll off the lips of the administration like syrup in recent days.
But now, President Obama has one of his own. His policies are failing in every direction. "We The People" are worried.
So for a man who campaigned on change, why not start practicing what you preach Mr. President?
Do you really think the Dow is going to rally to 8000?
AND every product that uses energy as a factor of production -- which obviously means EVERY product and service you purchase. The data centers which run the Internet consume huge amounts of power and probably account for 40% of operating costs. Your internet bill alone could go up 20% to 30% with these taxes.
You are right. This could be the ultimate expression of the failures of affirmative action.
“We The People” will use a shepherd’s staff rather easily in 2012.”
What planet does this guy live on? The Republicans will nominate a Rino who won’t try. The media will screech, howl and lie, the pollsters will produce polls showing massive support for President BO and ACORN will manufacture votes. Hello 1996.
I agree. Gas prices will increase to $4 a gallon in the summer, as usual for the past coupla years. People will stop driving, stop luxury spending and it just goes downhill from there. I think an immediate offshore drilling and lowering the federal gas tax would have an immediate effect in people relaxing their minds and wallets.
And Bush came in with the disadvantage that a good portion of the populace thought he stole the election.
0bomo is stinking up the place
After the Dow rallies to 8000 in the next 20 days, these numbers will improve for Obama.
Yep! The pundits are already saying that he is helping the stock market...look at this week. Can you believe it? One week??? However, Obama is making the stock market go up too quickly. His plan was for it to begin rising in 2010 and then really increase in 2011...silly guy’s plan is too good. lol.
So if the economic crisis two weeks ago was Bush’s fault, does that mean that good news this week is to Bush’s credit?
I loved the talk Obama gave at the police officers academy in Columbus, OH- where he took credit for the class graduating due to the stimulus money - just days after signing!!!
hh
After the Dow rallies to 8000 in the next 20 days, these numbers will improve for Obama.
I;m thinking this small uptick was massive bargain hunting on barely good news from Citi, et al...there’s still a huge mess coming in consumer debt default (credit cards, home equity loans) and the morass of the mortgage plan to refi everyone and their mom yet which will probably not work as smoothly as the feds anticipate...
I still think that 6500 is more likely than 8000 in the next 20 days...belive me I’m hoping your right that we hit 8000, I just am very skeptical that the rise will continue this week and beyond...
There is absolutely no substantive support for a resurgence in the stock market. It is a little bubble echo of the big bubble pop of October 6, full of speculative gas and nothing more.
Fundamentally things are much worse. Obama’s anti-investor and anti-business policies and promises have crippled the market for at least a decade. By summer the recovery hype will be seen clearly for what it is, and the economic collapse will continue.
In any political polling, there will be hardcore partisans who will deny the opposition a favorable rating or give their guy one NO MATTER WHAT. I’d like to think that RATs are more guilty than we are...
There’ll undoubtedly be a lot of money made shorting the market later this year.
Porkialism Under Assault
Best defense apparently is going to be a loud offense. Politico on the Obama admin’s “post-Rush strategy” to defend the pork/socialism budget agenda by attacking the GOP. None of what is described actually looks new, seeing as the pre-Rush strategy was to characterize the Republican objections to rampant porkulism as ”do-nothing.” A little odd that the wildly popular new admin with control of both houses feels like it has to take the low road, but whatever, it’s his stumbling presidency. Sounds like someone’s sensitive.
The Obama grassroots network—now known as Organizing for America, a project of the Democratic National Committee—has launched an e-mail pledge drive on MyBarackObama.com in which supporters sign their e-mail address to the statement: “I support President Obama’s bold approach for renewing America’s economy.”
The pledge drive was announced with a video called “Ready for the Fight.” Plouffe e-mailed supporters over the weekend with a challenge labeled “The next few weeks”: “In the next few weeks we’ll be asking you to do some of the same things we asked of you during the campaign—talking directly to people in your communities about the President’s ideas for long-term prosperity.”
This is not an easy message war for Democrats. Obama’s budget calls for the largest deficit in U.S. history and a doubling of the national debt to $23 trillion in 2019. That is a big, juicy target for the GOP, which plans to hit this theme relentlessly all spring.
Should be interesting to see if all the Facebook Obamites, assorted young people, Hope-Changers of all stripes will rise out of the trenches for a big bayonet charge in aid of “President Obama’s bold approach … for long-term prosperity.”
Anyone else getting a retro commie slogan feel off that, by the way? Whaddaya think. Soviet five-year plannish or more Cultural Revolution? I’m leaning toward Mao on that one. Whichever, if I were a reactionary counter-revolutionary kulak, I’d watch out. Hey, wait a minute … I think I might be a reactionary counter-revolutionary kulak.
http://www.julescrittenden.com/2009/03/15/porkialism-under-assault/
Retail sales numbers look pretty good. Why should we expect the dow to hit 5000?
With Bank of America and Citi saying they were profitable in the first two months of the year, don’t you think the financial sector is improving?
In oh so many ways, Obama has set the civil rights movement back decades.
From his first days in office when his lack of executive experience and pie-in-the-sky policies became reality he was being judged not only as a President but as a black man.
Though, I have to wonder how he became solidly black when at the beginning of this presidential race other black leaders made it known he wasn’t black enough!!
As his popularity falls and his policies are not only questioned but openly disapproved of, other black politicians will have a difficult time proving they could or would perform better then Obama. That people WILL question the qualifications of other blacks running for public office is a shame.
Is there anything this man touches he does not intentionally or unintentionally destroy?
Barack 'Maidas' Obama.
In the unlikely event that that should happen, it will just be that much bigger heart break for beleagered investors when the real crash comes shortly.
Almost half of the commercial real estate in this country is hanging on baloon loans that come due within the next 90 days. What do you think that portends for the Dow?
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