Obama Lashing, Trashing
Bensblurb #521 1/22/10
Obama is lashing, trashing...Oh my.
If you own stock today, our president has cut your net worth in his angry reaction to the Democrats’ stunning loss of the Kennedy senatorial seat in Mass. The Supreme Court’s ruling on freeing political donations to candidates has only made things worse for the White House.
I don’t know how to read it any other way. I’m peeved certainly in a financial sense, but more worried about Obama’s personal stability, let alone his competence to manage even his own people. Rumors are that he's dumping Bernanke. I hope I’m wrong, but I fear we’re in real trouble.
Speaking of retaliatory anger, Obama’s fresh tirade against banks (to help change the subject from the health care debacle perhaps?) totally spooks the stock market. The Dow lost over 400 points this week. Today’s Wall Street Journal: “Obama deposits a bombshell on Wall Street.” Permit a personal “ouch.”
SUPREME COURT DISSED:
“Obama called the [Supreme Court] decision a victory for Wall Street, Big Oil and other special interests hated by the Left, and he promised to work with Congress on a ‘forceful response.’ That's nothing but hypocrisy coming from the first major-party presidential candidate to reject public funds, opting instead to run solely on money from special interests.”--The Patriot blog
THINGS ARE COMING UNGLUED:
Here’s Mort Zuckerman, in US News and World Rpt:
“...[W]hile Obama gets the approval of 76 percent of non-whites, his approval among whites is down to 41 percent, according to Gallup. This is a huge change that literally puts the Democratic control of Congress at risk. The Republicans have hardly been stellar either, but there is now a renewed openness in the country to hear what they have to say. Obama's political realignment of America is over. We no longer believe that he will ‘change the world’ and ‘transform the country.’...
“There is still time for Obama to change and turn things around. But the first year is the critical year, one in which the public defines the president, and it has to be said that broad swaths of the country are deeply disappointed.
STICKING IT TO HIM
Scott Brown’s acceptance speech this week, after winning the special US senate election in Mass., included this zinger:
“In dealing with terrorists, our tax dollars should pay for weapons to stop them, not lawyers to defend them.”
This new guy could go far. He will certainly divert many Sarah Palin fans. In any event, could Republicans have picked any two more attractive individuals to lionize? Of course, the Democrats still have Nancy Pelosi and Barney Frank.
By the way, Obama gives yet another speech next week: The State of the Union.
******
Obama is lashing, trashing...Oh my.
If you own stock today, our president has cut your net worth in his angry reaction to the Democrats’ stunning loss of the Kennedy senatorial seat in Mass. The Supreme Court’s ruling on freeing political donations to candidates has only made things worse for the White House.
I don’t know how to read it any other way. I’m peeved certainly in a financial sense, but more worried about Obama’s personal stability, let alone his competence to manage even his own people. Rumors are that he's dumping Bernanke. I hope I’m wrong, but I fear we’re in real trouble.
Speaking of retaliatory anger, Obama’s fresh tirade against banks (to help change the subject from the health care debacle perhaps?) totally spooks the stock market. The Dow lost over 400 points this week. Today’s Wall Street Journal: “Obama deposits a bombshell on Wall Street.” Permit a personal “ouch.”
SUPREME COURT DISSED:
“Obama called the [Supreme Court] decision a victory for Wall Street, Big Oil and other special interests hated by the Left, and he promised to work with Congress on a ‘forceful response.’ That's nothing but hypocrisy coming from the first major-party presidential candidate to reject public funds, opting instead to run solely on money from special interests.”--The Patriot blog
THINGS ARE COMING UNGLUED:
Here’s Mort Zuckerman, in US News and World Rpt:
“...[W]hile Obama gets the approval of 76 percent of non-whites, his approval among whites is down to 41 percent, according to Gallup. This is a huge change that literally puts the Democratic control of Congress at risk. The Republicans have hardly been stellar either, but there is now a renewed openness in the country to hear what they have to say. Obama's political realignment of America is over. We no longer believe that he will ‘change the world’ and ‘transform the country.’...
“There is still time for Obama to change and turn things around. But the first year is the critical year, one in which the public defines the president, and it has to be said that broad swaths of the country are deeply disappointed.
STICKING IT TO HIM
Scott Brown’s acceptance speech this week, after winning the special US senate election in Mass., included this zinger:
“In dealing with terrorists, our tax dollars should pay for weapons to stop them, not lawyers to defend them.”
This new guy could go far. He will certainly divert many Sarah Palin fans. In any event, could Republicans have picked any two more attractive individuals to lionize? Of course, the Democrats still have Nancy Pelosi and Barney Frank.
By the way, Obama gives yet another speech next week: The State of the Union.
******
posted by Ben Blankenship at
2:41 PM
