He wants to wait until HE comes back from vacation.That's why he's stalling.
Posted on 08/09/2011 5:20:26 AM PDT by csvset
A new financial crisis has gripped the US, Asia and Europe, but Barack Obama can only respond with catchphrases. The United States will remain a "triple-A country," the US president insisted Monday, as stock markets crashed. The most powerful man in the world seems strangely paralyzed.
America's president, as the political scientist Richard Neustadt once noted, may be the most powerful man in the world, but he has only one real power: the power of persuasion.
That's why US presidents are so keen to get in front of the TV cameras and address the nation from what Americans refer to as the "presidential pulpit." Barack Obama was back at the pulpit on Monday afternoon, as the world's stock exchanges plummeted. "No matter what some agency may say, we've always been and always will be a triple-A country," asserted the president. It had taken Obama three days to make a statement on Standard & Poor's decision to strip the United States of its top credit rating.
But Obama convinced no one. Even while the president was speaking, the Dow fell below 11,000 for the first time in nine months. This is certainly a problem for Obama, but more than that, it is a problem for America.
Do Americans Still Trust Their President?
The debates about debt ceilings, trillion-dollar austerity packages and budgetary tricks are highly technical, and only financial experts really understand them. But in the end it all comes down to some very simple questions. Do Americans still trust their political system and their president? More importantly, do they still have confidence in America's greatness?
The debt-ceiling compromise that Congress reached last week was intended to restore this confidence. But it didn't really satisfy anyone, and its impact has faded quickly.
(Excerpt) Read more at spiegel.de ...
Barack Obama can only respond with catchphrases.
But Obama convinced no one.
Obama's weakness is a problem for the entire global economy.
The PMF president has no clothes.
little boy king’s incompetence.
“America’s president, as the political scientist Richard Neustadt once noted, may be the most powerful man in the world, but he has only one real power: the power of persuasion.”
If only that were true. Obama has a lot of power and is using it to destroy our military, our economy, our world reputation, and our personal freedoms.
FUBO
He’s incompetent to be dog-catcher.
Obama has no plan other than “tax the rich.” A total lack of leaderhip, a total lack of reality.
‘On Monday, he announced that, following the shock downgrade, he wants to hold new negotiations on debt reduction, “as soon as Congress gets back.” The president said he intends to present his own proposals “over the coming weeks.”
But does he really have that much time, given the global shock waves on the markets? Shouldn’t Obama take action right away? And shouldn’t he seem a bit more decisive?’
The big problem for 0 is that he’s finding many of his most deeply held beliefs are flat out wrong.
He’s, as they say, “between a rock and a hard place”. ;-)
Palin ‘12!!!
Obama’s policy is “affirmative inaction”...that’s all he knows. This is what happens when our leader is a product of social promotion.
This is what happens when Americans vote with diversity as the first criteria. I pity him and his family, as his legacy will be an albatross around their necks as long as they live.
Let's see...he's inexperienced, he's racist, he's a liar, he's a muslim, he's a marxist, he's a manipulator, he's a narcissist, he's lazy, he's irresponsible, he's a baby killer, he's on the low down, he's an agitator, he hates America, he's loves our enemies...
What's not to trust?
I’d feel better if Barkey went golfing and never came back.
Obama’s lack of leadership blew the liberals’ biggest opportunity to advance their agenda in nearly 100 years.
Obama was elected with a fillibuster-proof majority and because he did not lead his party, they debated amongst themselves over everything.
Because Obama did not write the legislation himself, twist arms to get it passed, liberals dithered until their massive majorities were taken away.
They could have had single-payer healthcare, union card check, cap-n-trade, etc, etc, etc but Obama deferred to Pelosi/Reid went golfing and gave a few speeches.
I would also wager that this huge amount of stress has him toking on the ole crack pipe.
He wants to wait until HE comes back from vacation.That's why he's stalling.
we are a AAA country with DDD leadership
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