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The most powerful man on Earth? (Libs unloading on Barry)
wash post ^ | 08/08/2011 | dana milbank

Posted on 08/08/2011 6:44:50 PM PDT by milwguy

A familiar air of indecision preceded President Obama’s pep talk to the nation.

The first draft of his schedule for Monday contained no plans to comment on the downgrading of the U.S. credit rating by Standard & Poor’s. Then the White House announced that he would speak at 1 p.m. A second update changed that to 1:30. At 1:52, Obama walked into the State Dining Room to read his statement. Judging from the market reaction, he should have stuck with his original instinct.

“No matter what some agency may say, we’ve always been and always will be a AAA country,” Obama said, as if comforting a child who had been teased by the class bully.

When he began his speech (and as cable news channels displayed for viewers), the Dow Jones industrials stood at 11,035. As he talked, the average fell below 11,000 for the first time in nine months, en route to a 635-point drop for the day, the worst since the 2008 crash.

It’s not exactly fair to blame Obama for the rout: Almost certainly, the markets ignored him. And that’s the problem: The most powerful man in the world seems strangely powerless, and irresolute, as larger forces bring down the country and his presidency.

(Excerpt) Read more at washingtonpost.com ...


TOPICS: Government; News/Current Events
KEYWORDS: downgrade; obama; obamadowngrade; powerless
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Even the liberal Obama loving sycophant press is finally realizing the messiah is an empty suit. I love the way "Jive Talkin" Jay Carney is being beaten to a bloody pulp by the likes of Norah O'Donnel and Chuckie Todd.

The administration has no answers, and the reason ol Barry was almost an hour late to give his statement today is that it probably took that long for Michelle to get him out from under the bed where he was hiding.

1 posted on 08/08/2011 6:44:56 PM PDT by milwguy
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To: milwguy
"No matter what some agency may say, we’ve always been and always will be a AAA country"

With this jackass at the head of state we're nothing but another banana republic!

Lamh Foistenach Abu!

2 posted on 08/08/2011 6:49:14 PM PDT by ConorMacNessa (HM/2 USN, 3/5 Marines RVN 1969 - St. Michael the Archangel defend us in Battle!)
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To: milwguy
The only reason the libs are mad is that THEIR money is now being lost
3 posted on 08/08/2011 6:55:05 PM PDT by SecondAmendment (Restoring our Republic at 9.8357x10^8 FPS)
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To: ConorMacNessa

Barak Obama; An American Menace.


4 posted on 08/08/2011 6:56:10 PM PDT by Eric in the Ozarks (Eh ?)
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To: milwguy

When he took over from Bush and we were still a formidable superpower, Little Barry ran all around the globe bad mouthing us and making a mockery of the term ‘American Exceptionalism’. [Either it mocked it intentionally or he’s too slow witted to know how stupid he sounded talking about the concept.]

Now that his policies are destroying the nation at a frantic clip, he suddenly starts mouthing tributes to our greatness. He is as infantile as he is incompetent. It’s pathetic.


5 posted on 08/08/2011 6:56:47 PM PDT by Fantasywriter
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To: milwguy

Wow. 30 months of totally failed governance preceded by 12 months of exposure on the campaign trail...and Milbank FINALLY gets it. Not the sharpest tool in the shed.


6 posted on 08/08/2011 6:58:34 PM PDT by ProtectOurFreedom
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To: SecondAmendment

There have been scores of “Hall Of Fame” posts today on FR, but yours gets

“POST OF THE DAY”

in my book!

Spot on!


7 posted on 08/08/2011 7:00:06 PM PDT by GOPsterinMA (Perry/Bachmann 2012 - they can share hair care products.)
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To: milwguy

Don’t bet on it. Check yesterdays Asbury Park Press. (app.com) This is a Gannett-owned liberal rag here in Southern New Jersey with a fairly wide circulation. It’s all the Tea Partys fault.


8 posted on 08/08/2011 7:08:23 PM PDT by jmacusa (Political correctness is cultural Marxism. I'm not a Marxist.)
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To: GOPsterinMA

How about this one. Give Obama a break... He inherited the AAA credit rating.


9 posted on 08/08/2011 7:11:36 PM PDT by Orange1998 (Give Obama a break... He inherited the AAA credit rating.)
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To: milwguy
“No matter what some agency may say, we’ve always been and always will be a AAA country,”

Eloquent??? Not!

Here's eloquence from a President who understands his role and that of a government for a free people:

"To preserve [the] independence [of the people,] we must not let our rulers load us with perpetual debt. We must make our election between economy and liberty, or profusion and servitude. If we run into such debts as that we must be taxed in our meat and in our drink, in our necessaries and our comforts, in our labors and our amusements, for our callings and our creeds, as the people of England are, our people, like them, must come to labor sixteen hours in the twenty-four, give the earnings of fifteen of these to the government for their debts and daily expenses, and the sixteenth being insufficient to afford us bread, we must live, as they now do, on oatmeal and potatoes, have no time to think, no means of calling the mismanagers to account, but be glad to obtain subsistence by hiring ourselves to rivet their chains on the necks of our fellow-sufferers." --Thomas Jefferson to Samuel Kercheval, 1816. ME 15:39

"I deem [this one of] the essential principles of our government and consequently [one] which ought to shape its administration:... The honest payment of our debts and sacred preservation of the public faith." --Thomas Jefferson: 1st Inaugural, 1801. ME 3:322

"I sincerely believe... that the principle of spending money to be paid by posterity under the name of funding is but swindling futurity on a large scale." --Thomas Jefferson to John Taylor, 1816. ME 15:23

"[With the decline of society] begins, indeed, the bellum omnium in omnia [war of all against all], which some philosophers observing to be so general in this world, have mistaken it for the natural, instead of the abusive state of man. And the fore horse of this frightful team is public debt. Taxation follows that, and in its train wretchedness and oppression." --Thomas Jefferson to Samuel Kercheval, 1816. ME 15:40

10 posted on 08/08/2011 7:12:09 PM PDT by loveliberty2
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To: milwguy

When you have lost Milbank, you’ve lost the country!


11 posted on 08/08/2011 7:14:08 PM PDT by GWB00 (Barbara Streisand barely made it out of high school.)
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To: jmacusa
Don’t bet on it. Check yesterdays Asbury Park Press. (app.com) This is a Gannett-owned liberal rag here in Southern New Jersey with a fairly wide circulation. It’s all the Tea Partys fault.

That was the DNC blast E-mail and Fax that went out. Don't blame them they are just repeating the DNC talking point as ordered.

12 posted on 08/08/2011 7:18:47 PM PDT by Don Corleone ("Oil the gun..eat the cannoli. Take it to the Mattress.")
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To: Don Corleone

Ah ha. That explains why it wasn’t signed ‘’The Editors. Putrid article anyway.


13 posted on 08/08/2011 7:25:57 PM PDT by jmacusa (Political correctness is cultural Marxism. I'm not a Marxist.)
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To: milwguy
Comrade Barry could cause the market to rebound immediately, with one simple act.


14 posted on 08/08/2011 7:28:00 PM PDT by ASA Vet (Natural-born citizens, are those born in the country, of parents who are citizens. De Vattel)
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To: milwguy
“Why?” inquired Politico’s Glenn Thrush. “He’s the leader of the free world. Why isn’t he leading this process?”

The media wants Obama to call Congress back into session.

To do what? To who? For what? And how?

What's done is done. The debt rating got downgraded. they had their chance to deal with the debt. They didn't. And everybody who was paying attention knew what was going to happen. Except, evidently, the media. And the Democrats.

15 posted on 08/08/2011 7:30:09 PM PDT by okie01 (THE MAINSTREAM MEDIA: Ignorance On Parade)
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To: Orange1998

Bravo!


16 posted on 08/08/2011 7:53:45 PM PDT by GOPsterinMA (Perry/Bachmann 2012 - they can share hair care products.)
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To: milwguy
Almost certainly, the markets ignored him. And that’s the problem: The most powerful man in the world seems strangely powerless, and irresolute, as larger forces bring down the country and his presidency.

Anyone who doesn't believe the Kenyan and his Keynesian economics are responsible for what is happening in America today just hasn't been paying attention.

17 posted on 08/08/2011 7:54:23 PM PDT by South40 (Liberalism is a disease)
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To: milwguy

If Baraq has lost Dana Milbank, then it really is over. I would actually welcome a Biden Presidency for these remaining 17½ months.


18 posted on 08/08/2011 7:57:16 PM PDT by Hoodat (Yet in all these things we are more than conquerors through Him who loved us. - (Rom 8:37))
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To: Mears

bfl


19 posted on 08/08/2011 8:01:47 PM PDT by Mears
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To: milwguy

“The most powerful man in the world seems strangely powerless …”

Strangely? Only if you are a sucker that believed Obama was the smartest person in the world. The author is clearly an idiot.


20 posted on 08/08/2011 8:03:46 PM PDT by Henry Hnyellar
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