Skip to comments.Presidential Failure
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 ...
Debt Man Walking.
His goal is to destroy America. The thing he is having trouble doing nowadays is hiding it.
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.
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.
BINGO! Good to see some with clear thinking.
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!
It’s all everybody else’s fault.
-Bender the Robot
Obama is on a steam roll and we are the pavement.
The corrupt media and enablers who have kept Obama proppped up all this time, are just now figuring this out about Obama.
and tonight dear leader is having a fund raiser
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?
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.
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?
...and people are throwing money at his feet, enabling him to bring America to its demise.
Maybe Stephen Harper should invite him to lunch ;-)
President of America’s Slavery Guilt!
He’s just being a good drill instructor. He has to tear us down in order to rebuild us.
We ARE tired; we ARE faltering; we WILL fail.