Skip to comments.Dow Down 500: Should Obama Resign?
Posted on 08/05/2011 4:12:28 AM PDT by IbJensen
The worldwide market plunge since the signing of the U.S. debt agreement tells us one thing above all: Almost no one on the planet has confidence in the leadership of Barack Obama.
A CEO with such a disastrous first three years as our president has had probably would already have been called upon to resign or been pushed out by his companys board of directors more than likely for some time.
Obama has failed in virtually every direction, foreign and domestic. His policies indeed are almost non-existent. He is completely rudderless, unless you accept the view that he is following the prescription of Cloward-Piven and has set out to destroy American capitalism from within.
If that is so and I dont really accept it for a variety of reasons he has failed even at that, because his reelection becomes less likely with every passing day. A Cloward-Piven strategy could not be successful in only four years. America is far too strong for that. In the case of Obama, his policies are leading to something quite the opposite an epic disaster for the Democratic Party and (modern) liberalism in 2012.
Not that we wont have plenty of pain along the way. We may even be in a full-scale Depression or close to it. And coming back will be far from easy in a world where Iran is running OPEC and the EPA acts as if The Silent Spring is The Gospel According to Mark.
Nevertheless, Obama is ensuring his own failure. Should he resign? If you were a Democrat, you might want that, even with daffy Joe Biden waiting in the wings. Better yet, you would want Obama, in the grand tradition of LBJ, to decline a second term. No such luck. The man is evidently an (increasingly) bitter clinger, as he indicated at a Chicago fundraiser on Wednesday night:
Its been a long, tough journey. But we have made some incredible strides together. Yes, we have. But the thing that we all ought to remember is that as much as good as we have done, precisely because the challenges were so daunting, precisely because we we were inheriting so many challenges, that were not even halfway there yet. When I said change we can believe in I didnt say change we can believe in tomorrow. Not change we can believe in next week. We knew this was going to take time because weve got this big, messy, tough democracy.
Its been a long, tough journey all right something like having root canal work that never ends and without anesthesia. I dont know what incredible strides Obama is referring to. Perhaps his heath care legislation whose contents are a greater mystery than the meat they used to serve in my freshman dormitory. Or maybe hes referring to the assassination of Bin Laden, an act any American president in fact, any reasonably patriotic American citizen would have ratified in an instant for fear of impeachment if he did otherwise.
No wonder he is still clinging (that word again) to the preternaturally vague rhetoric of change you can believe in. Ironically, this masterstroke of doublespeak perfectly reflects Obamas thinking. It can be anything. There is no there there. Yet he continues, even though at this point its almost comically absurd, to mouth this nonsensical slogan. What else can he do? Run on his record? Speak about actual change? Point to genuine plans?
As I finish writing this, the Dow Industrials have just closed down over 500 points. Meaningless money for rich people, some would think. Of course, its not. Its every pension fund in America; its the fabric of our country, the ability for us to grow, feed ourselves and our children especially our children.
A big part of me wishes that Barack Obama would just resign now, but I have no interest in giving even the slightest breath to liberal policies. They need to be extinguished, at the very least until society could even remotely afford them again. And that wont be for a long time. A long, long time.
- the country is more divided along more fault lines than at any time in history - he has enacted two bills that are the death knell of capitalism, obamacare and the financial destruction bill - he has literally spent the country to the brink of economic meltdown - he has sprinkled his supporters with 890 billion dollars of cash - he has heaped regulation on regulation that, all by themselves, would destroy capitalism in less than a decade - he has destroyed our alliances with Israel and England - he has paved the way for terrorists to take over Egypt, another ally - he has provided 4 more years for Iran to develop nuclear weapons - he has delayed US energy development for another 3 years - he has created an EPA that has its tentacles around the throats of the middle class - he has delayed border security for another 4 years - he has placed two hard-core idealogue allies on the Supreme Court - he has mega-inflation waiting in the wings as his relief pitcher - much of this will be extremely difficult or impossible to unravel - and he has had a damned good time doing it, thankyewverymuch
A president is not a CEO. Should Ronald Reagan have resigned because the market was down 500+ on 10/19/87?
Yes! But he should also resign if it goes up 500. He’s a disaster to our way of life even more than he is to our economy.
Suicide would be preferable
Yes he should!
Find a left-wing, pinko website.
What did you give Bozo for his birthday?
Do you use kneepads or just dive in w/o protection ?
We keep saying Obama is to blame and certainly he holds the Lion’s Share of that blame, but he didn’t do this alone.
He had the Congress behind him. Both parties.
The Congress just sold out themselves and the country with this Super Committee.I wonder who thought that up? Does anyone know? That man was a traitor.
Usually best to read and respond to the comment as made not attempt the usual Leftist debate trick of diverting off topic by making a completely irrelevant, irrational reference to Reagan.
The author made no reference to a particular event but pointed out the complete failure of President 0's job performance to date. Try responding to that point
CCB went to the Senate. Harry Reid and 50 other Democrats blocked it from even getting a vote.
So how about holding them accountable for their actions?
We don’t WANT him to resign.
I want him to be in office when the Second Great Depression hits so he can be kicked out by the voters in a record-setting defeat!!!
Hopefully this Super Committee abomination will see the inside of the SCOTUS before it can do much/any damage.
He has not failed his constituencies as yet on:
Governmental Health Care;
Union Welfare re GM, Chrysler;
Government Unions...”Stimulus Funds and new hires;
His Negro Base...all sort of reparation program, i.e., Pigford Farmer rip-off;
Still promoting Abortion;
Muslim “Good”, America “Bad”;
No “Don’t Ask Don’t Tell”;
Wiped out NASA;
Closed down American oil production, shifted it to Brazil;
New enviromental rules;
Slowly but surely taking down the military by death and defunding.
The libs may complain and don’t act like it but the ObamNation is has done a lot for his base...But Not the Country and its working citizens. You will note I did not use the term “his Country”.
If the wind was blow North, South, East or West it would still be way past time for obama to resign.
Out to destroy American capitalism -- the sooner people realize this, the better.
Yep, you are right. He has done so much damage and will continue that damage unless he is removed.