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Presidential Failure
IBD Editorials ^ | August 8, 2011 | Staff

Posted on 08/08/2011 5:56:04 PM PDT by Kaslin

Leadership: If the president meant to calm the markets on Monday, he failed utterly — and no wonder. All he did was make it clear he's completely out of ideas on how to get the economy moving again.

After his televised remarks, the Dow industrial average continued to fall, finishing 5.5% lower. The Nasdaq plummeted 6.9%.

Why should it have been any different? In his brief statement, the only thing President Obama demonstrated was a cluelessness about the country's current mess — of which the debt downgrade is just the latest example — and an even weaker grasp on how to fix it.

Obama put forward just four "growth" ideas, not one of which will accelerate the snail-paced recovery.

• Raise taxes on the rich. We haven't polled every Keynesian economist alive today, but we're pretty sure few would agree with Obama that raising taxes on the most productive parts of the economy will turbocharge growth. Yet there was Obama once again insisting on it, this time dressed up as "tax reform."

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


TOPICS: Business/Economy; Editorial; Government
KEYWORDS: dope; dunham; failure; miserable; rudderless; soetoro; weak; weakling

1 posted on 08/08/2011 5:56:05 PM PDT by Kaslin
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To: Kaslin

Debt Man Walking.


2 posted on 08/08/2011 5:57:27 PM PDT by umgud
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To: Kaslin

His goal is to destroy America. The thing he is having trouble doing nowadays is hiding it.


3 posted on 08/08/2011 5:58:52 PM PDT by NowApproachingMidnight (purple durple lips)
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To: umgud

Here is a relevant transcript from 2-2-2009:

“PRESIDENT OBAMA: Look, I’m at the start of my administration. One nice thing about — the situation I find myself in is that I will be held accountable. You know, I’ve got four years. And —

MATT LAUER: You’re gonna know quickly how people feel —

PRESIDENT OBAMA: — and — and —

MATT LAUER: — about what —

PRESIDENT OBAMA: that’s exactly right. And — and, you know, a year from now I think people — are gonna see that — we’re starting to make some progress. But there’s still gonna be some pain out there. If I don’t have this done in three years, then there’s gonna be a one-term proposition.”

Take him at his word.


4 posted on 08/08/2011 6:01:21 PM PDT by LOC1 (Let's pick the best, not settle for a compromise.)
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To: Kaslin

He’s a completely inept Bozo. I believe he’s being sabotaged by Hillary’s people in the White House. Hillary will get the 2012 Dem nod.


5 posted on 08/08/2011 6:03:19 PM PDT by old and tired
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To: Kaslin
the only thing President Obama demonstrated was a cluelessness about the country's current mess

Amazing they call it 'cluelessness' - when our financial mess is 'by BHO design' all along. I'd say the author is the one who is clueless. They may make headway if they start calling it what it is...Death to America in action by design.
6 posted on 08/08/2011 6:04:03 PM PDT by presently no screen name ( BHO....the destroyer)
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To: NowApproachingMidnight

BINGO! Good to see some with clear thinking.


7 posted on 08/08/2011 6:08:41 PM PDT by presently no screen name ( BHO....the destroyer)
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To: Kaslin

A Leader gives direction, makes decisions, takes responsibility, calms the anxious...A leader does NOT BLAME others, find FAULT, and make EXCUSES.

Someone needs to scream this everywhere...Obambi is a complete FAIL as a Leader!


8 posted on 08/08/2011 6:10:35 PM PDT by Babsig
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To: Kaslin

It’s all everybody else’s fault.

-Bender the Robot


9 posted on 08/08/2011 6:10:51 PM PDT by Tzimisce (Never forget that the American Revolution began when the British tried to disarm the colonists.)
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To: Kaslin
He's not failing. He's succeeeding at fundamentally transforming America on all fronts- domestically, economically, militarily and in foreign policy. He is even getting help from the hapless republican party to meet his aims.

Obama is on a steam roll and we are the pavement.

10 posted on 08/08/2011 6:14:30 PM PDT by TADSLOS (Free Republic- Still AAA++ rated)
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To: Kaslin

The corrupt media and enablers who have kept Obama proppped up all this time, are just now figuring this out about Obama.


11 posted on 08/08/2011 6:21:04 PM PDT by Freddd (NoPA ngineers.)
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To: TADSLOS

and tonight dear leader is having a fund raiser


12 posted on 08/08/2011 6:30:27 PM PDT by reefdiver ("Let His day's be few And another takes His office")
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To: Kaslin

You gotta love his speech writer. Sure hope he never gets rid of him/her. Have we ever had a president that’s as clueless as this guy? How do we get rid of this guy?


13 posted on 08/08/2011 6:37:07 PM PDT by RC2
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To: presently no screen name

As tempting as it is to think it’s deliberate, I defer to Occam’s Razor. He really does come across as someone who has risen far above his level of incompetence. If anyone did have a plan to destroy the USA, it would be the people who sold Obama as a leader since it is obvious that he is easy to manipulate.


14 posted on 08/08/2011 6:41:28 PM PDT by Squawk 8888 (Tories in- now the REAL work begins!)
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To: Squawk 8888
As tempting as it is to think it’s deliberate, I defer to Occam’s Razor.

I'd like to agree with you, but I have to wonder. Most of the time, things that one wants to ascribe to conspiracy are actually due to accident and error. But, in those rare cases when a real conspiracy exists, its far worse than one could ever imagine.

Is he just a left wing buffoon zealot, or is he the true Manchurian Muslim candidate. When you look at the sealing of his records, and take in the scope of his appointments and politicization of various government functions, you've got to wonder. By the way, has anyone seen him take a daylight snack during Ramadan?

15 posted on 08/08/2011 6:50:11 PM PDT by Pearls Before Swine
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To: reefdiver
and tonight dear leader is having a fund raiser

...and people are throwing money at his feet, enabling him to bring America to its demise.

16 posted on 08/08/2011 6:51:49 PM PDT by TADSLOS (Free Republic- Still AAA++ rated)
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To: Pearls Before Swine

Maybe Stephen Harper should invite him to lunch ;-)


17 posted on 08/08/2011 7:00:15 PM PDT by Squawk 8888 (Tories in- now the REAL work begins!)
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To: Kaslin

President of America’s Slavery Guilt!


18 posted on 08/08/2011 7:04:17 PM PDT by Revolting cat! (Let us prey!)
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To: NowApproachingMidnight

He’s just being a good drill instructor. He has to tear us down in order to rebuild us.


19 posted on 08/08/2011 7:23:14 PM PDT by Defiant (We are governed by the Oboehner party.)
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To: Kaslin
Translation of Zero's speech.....

We ARE tired; we ARE faltering; we WILL fail.

20 posted on 08/08/2011 7:25:28 PM PDT by Churchillspirit (9/11/01...NEVER FORGET.)
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To: Churchillspirit

The most completely incompetent unqualified President in the history of the union. And that’s the nicest thing I can say about him.


21 posted on 08/08/2011 7:28:42 PM PDT by Awgie (truth is always stranger than fiction)
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To: Squawk 8888

Dually noted.
Someone made 10 Billion Dollars today betting on the downgrade.
Who was it? Soros? Who?


22 posted on 08/08/2011 8:21:55 PM PDT by NowApproachingMidnight (purple durple lips)
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To: Squawk 8888
He really does come across as someone who has risen far above his level of incompetence

I wasn't implying he was competent in any way to run our country - but it doesn't take competence to destroy it - his hatred for it does that and that's all his commie handlers needed.
23 posted on 08/08/2011 9:29:37 PM PDT by presently no screen name ( BHO....the destroyer)
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To: NowApproachingMidnight
I predict the he will be the first president to expatriate himself.
24 posted on 08/08/2011 11:46:16 PM PDT by oyez ( America is being pimped.)
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To: Kaslin
All he did was make it clear he's completely out of ideas on how to get the economy moving again.

I hope he is out of ideas. The communist has already tried everything I could think of that would damage America. If he's run out of destructive ideas, the rate of damage may decline for his last 18 months in power.

25 posted on 08/09/2011 3:27:02 AM PDT by Pollster1 (Natural born citizen of the USA, with the birth certificate to prove it)
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To: All
POSTED FOR YOUR INFINITE PLEASURE A year into the Obama presidency, Financial Times DC Bureau Chief Edward Luce wrote an account about the insiders who hold the keys to ObamaLand's inner most sanctum -- Rahm Emanuel, Robert Gibbs, Valerie Jarrett and David Axelrod.

Luce wrote: "At a crucial stage in the 2007 Democratic primaries, Obama rejuvenated his campaign with a barnstorming speech, which ended on a promise of what his victory would produce: "A nation healed. A world repaired. An America that believes again."

Just over a year into his tenure, America's 44th president governs a bitterly divided nation, a world increasingly hard to manage and an America that seems more disillusioned than ever with Washington's ways. What went wrong? "

"Americans are too stupid to understand how smart you are."

========================================

When he gets kicked out of office, Americans will look back on the short-lived Obama Era as the Age of The Misfit. He promulgated cockeyed policies---not to confirm and advance the stability of a world-class culture.

Obamae catered to the Third World, to dictators, terrorists, tyrants------to every misfit on the planet.

26 posted on 08/09/2011 3:31:01 AM PDT by Liz ( A taxpayer voting for Obama is like a chicken voting for Col Sanders.)
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