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Dow Down 500: Should Obama Resign?
Pajamas Media ^ | 8/4/2011 | Roger L Simon

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 company’s 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 don’t 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:

It’s 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 we’re not even halfway there yet. When I said ‘change we can believe in’ I didn’t say ‘change we can believe in tomorrow.’ Not change we can believe in next week. We knew this was going to take time because we’ve got this big, messy, tough democracy.

It’s been a long, tough journey all right — something like having root canal work that never ends and without anesthesia. I don’t 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 he’s 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 Obama’s thinking. It can be anything. There is no there there. Yet he continues, even though at this point it’s 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, it’s not. It’s every pension fund in America; it’s 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 won’t be for a long time. A long, long time.


TOPICS: Business/Economy; Constitution/Conservatism; Crime/Corruption; News/Current Events
KEYWORDS: evilregime; happybirthday; kickhimout; obozo
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To: IbJensen

To a liberal it’s Bush’s fault that the economy is in the toilet, and if it weren’t for Zero it would be twice as bad as it currently is.

Put another way - forget about logic - it ain’t happening.


21 posted on 08/05/2011 4:56:48 AM PDT by 2 Kool 2 Be 4-Gotten
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To: tomkat
Suicide would be preferable


22 posted on 08/05/2011 4:59:01 AM PDT by USS Alaska (Nuke the terrorist savages.)
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To: IbJensen
"Obama has failed in virtually every direction, foreign and domestic."

Failing implies his intentions were to do what is right for America. They are not. He deliberately wants to run us into the ground. Amazing how so many still don't get what's going on.

23 posted on 08/05/2011 5:08:56 AM PDT by ETL (ALL (most?) of the Obama-commie connections at my FR Home page: http://www.freerepublic.com/~etl/)
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To: Pearls Before Swine

It is a no win situation - he resigns, we get Biden. Another empty suit and another loser.


24 posted on 08/05/2011 5:10:34 AM PDT by Mr. Wright
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To: USS Alaska; tomcat
In this situation that would take Honor, something Hussein lacks - never had it, never will.

DNC Chairman Debbie Wasserman Schultz: ‘We own the economy’ June 15, 2011

FUBO GTFO 2012 !

25 posted on 08/05/2011 5:35:51 AM PDT by The Sons of Liberty (Psalm 109:8 Let his days be few and let another take his office. - Mene, Mene, Tekel, Upharsin)
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To: tomkat

You have more faith in the SCOTUS than I.


26 posted on 08/05/2011 5:43:25 AM PDT by Venturer
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To: _a_0_0_

Ash is that you?


27 posted on 08/05/2011 5:44:42 AM PDT by Raycpa
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To: tomkat
No no no no no! I don't want this bastard martyred! Even if he wacks himself we'll have schools, roads, building, etc. named after him because he killed himself fighting “the good fight” against eeeeeevil Repubs, the tea party, and corporate jet owners. Think about what they did with Teddy the waitress samich Kennedy and socialized medicine. Think about what they did to take some of the heat off them by bringing Gabby Giffords to D.C.
28 posted on 08/05/2011 5:47:16 AM PDT by goodwithagun (My gun has killed fewer people than Ted Kennedy's car.)
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To: USS Alaska; The Sons of Liberty; Venturer; goodwithagun
This is a group reply .. lol !

All of you make excellent and valid points !

What we're in the middle of right now is a textbook CF

/.02

29 posted on 08/05/2011 6:00:40 AM PDT by tomkat (1775)
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To: IbJensen
Finally. A couple of Bush quotes are appropriate here:

Great job, Brownie!

Mission Accomplished.
30 posted on 08/05/2011 6:06:12 AM PDT by crosshairs (If Sharia Law becomes the law of the land, heads are gonna roll.)
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To: IbJensen

Dow Down 500 + 200+700 not 500.


31 posted on 08/05/2011 6:08:08 AM PDT by mountainlion (I am voting for Sarah after getting screwed again by the DC Thugs.)
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To: catfish1957
Troll Alert!!!!!

Ahh, I see. a "troll" is somebody who makes so much sense, all you can do to counter it is cast aspersions.

Troll this, intellectual bag-lady.

32 posted on 08/05/2011 7:04:05 AM PDT by _a_0_0_
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Comment #33 Removed by Moderator

To: _a_0_0_

Your account will be cancelled due to your stupidity.

You just signed up to attack those who subscribe to a conservative website.


34 posted on 08/05/2011 7:27:34 AM PDT by IbJensen (God made idiots. That was for practice. Then he made politicians.)
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To: _a_0_0_
A president is not a CEO. Should Ronald Reagan have resigned because the market was down 500+ on 10/19/87?

What a stupid remark to make by a newbie of 3 days. Under king obama the market has dropped hundreds of points for 5 straight days. Bozo has doubled the price of gas, he has raised the unemployment rate from about 7% to 9.5%, spent more in 3 years than almost all the previous administrations put together.
Jimmy Carter is happy though. Now Carter is no longer the WORST president in the history of America.
35 posted on 08/05/2011 7:41:48 AM PDT by John D
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To: IbJensen
you need to take your paranoid medicine.

reagan loved america, the stock market crashed (22% in a day).

obama hates america, the stock market crashed.

please. get real. for your own sake.

and quit whining. you're embarassing yourselves.

36 posted on 08/05/2011 9:52:47 AM PDT by _a_0_0_
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To: Admin Moderator

notwithstanding the slew of expressly forbidden “personal attacks” these fine FReepers have entertained me with, I shouldn’t have used the F word and I do apologize to FR for doing so.


37 posted on 08/05/2011 9:57:50 AM PDT by _a_0_0_
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To: _a_0_0_
"make sense?"

fu Noob!!!! Comparing (defending) Obama to Reagan is ultimate stupidity. Try that tactic at du, it seems you'll fit in better there.

38 posted on 08/05/2011 11:08:03 AM PDT by catfish1957 (Hey algore...You'll have to pry the steering wheel of my 317 HP V8 truck from my cold dead hands)
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To: _a_0_0_

Obama hates America.

The stock market crashed.

-a-0-0- is a trolling White House basement BO sycophant.


39 posted on 08/05/2011 2:07:38 PM PDT by IbJensen (God made idiots. That was for practice. Then he made politicians.)
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To: _a_0_0_

A troll is a bottom-feeding lefty.


40 posted on 08/05/2011 2:08:56 PM PDT by IbJensen (God made idiots. That was for practice. Then he made politicians.)
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