Kneale: Is Obama Out of His Freakin' Mind? (do bears poop in the woods?)

CNBC ^ | 3/4/2009 | By: Dennis Kneale

[Red in Blue PA]

At the risk of redundancy I'll ask it again: Is he? Is President Obama effin' CRAZY?

President Obama blames the continuing global financial crisis for the unmitigated carnage on Monday, when the Dow fell below 7000 and closed down 300 points (or 4.2 percent) at a 12-year low of 6763.

Bullspit! The man is in denial. By now we know the economy is ailing. The main thing that has changed: The disturbing details of Obama’s tax-and-spend plans are becoming all too clear.

Most of the moves he has made in his first 43 days in office have been bad for the markets, damaging to investors, ill-advised for the economy and detrimental to repairing the financial collapse wracking the entire planet.

Yesterday Treasury Secretary Timothy Geithner told a House committee the new budget’s “single most overriding priority” is to “stimulate private investment.” Yet Bam proposes to more than double the tax rate on hedge funds and private equity funds, engines of private-sector growth. Can’t be good for firms like Blackstone [BX 6.02 0.33 (+5.8%) ]

[Lazamataz]

Dennis does not get it.

We are in a communist takeover.

People like him, disappear.

[ButThreeLeftsDo]

The “enemies list” just keeps getting bigger....

[Lazamataz]

See, you get it.

[avacado]

As soon as Obama gets all those subprime borrowers back into their homes who caused this mess in the first place, everything will be fine.

[Logical me]

He is insane!!!! And still the cult followers worship him. America is gone before we can possibly save it.

[longtermmemmory]

Obama promised “Change”

the Aliens promised “to serve mankind”

how’s the water america? eat up your stimulus...

[The Sons of Liberty]

Well, you certainly don’t expect zer0 to shoulder any blame, do you? The Wall Street Journal has noted that 0bama is already running out of people to blame - and this is less than two months into his regime. It is now because the peasants are ignorant and cannot grasp the “big picture”.

[jennyjenny]

What the heck is going on at CNBC and why are they being allowed to continue to criticize bambi?

[exist]

When even sycophant Chris Matthews is down on your policies you know you're in trouble.

[N. Theknow]

But, but , but 0bama said the stock market is like a political poll with ups and downs and he doesn't follow its gyrations.

Bet your sweet bippy if it had been his poll numbers during the primaries he would have changed his message pretty damn quick.

[geologist]

Our mistake is in not accepting the fact that the intention is ... to bankrupt America and Americans. Allowing for a complete take over. DICTATORSHIP THAT believes in communism/Marxism. MO.

[Red in Blue PA]

“0bama said the stock market is like a political poll with ups and downs and he doesn’t follow its gyrations.”

Translation: He is counting on political payoffs for his future. He probably never had a dime in the market to even utter such a ridiculous statement.

[jiggyboy]

If Dennis Kneale says you're in denial, you're really in denial.

[Man50D]

On the contrary. Obambi knows exactly what he is doing. It's called the Cloward-Piven Strategy.

[RegulatorCountry]

Desperate for ratings. Demise from lost ad revenue is more immediate than any threat from the administration.

Or, maybe this is all a bid for TARP money ... pay up or we’ll continue to trash you.

[Vigilanteman]

Methinks the sugar is starting to flake off this turd. Just read these comments from a Zer0 worshiping website.

[Centurion2000]

And another one breaks out of his HOPIUM induced daze.

[sneakers]

bump to read later

[detective]

They are trying to destroy our economy. They are being very successful.