The American people are awake with anger because of the Obama blunders and calculated treacheries which continue to demonstrate Obama is too inexperienced and not qualified to be president.
The American people are awake with anger because Barack Obama continues to loot the economy on behalf of his friends just like George W. Bush looted the economy to help his friends.
Barack Obama has AIGita. Barack Obama is upset and worried because the AIG scandal woke the American people and now Barack Obama might not be able to spend, spend, spend, to save his friends and moneymen.
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Barack Obama mocked John McCain during the general election because John McCain said the fundamentals of the American economy were sound. In January Barack Obama started trashing the American economy and that thrashing combined with his trash policies made the financial markets plunge and consumer confidence almost disappear.
Barack Obama’s polls numbers went down and Obama then began to mimic John McCain and say the fundamentas of the American economy were strong. The new language was due not to the economic problems but because Barack Obama’s poll numbers were drooping.
President Barack Obama has launched an upbeat strategy over the economy in the face of approval ratings that have dipped below those of George W Bush at the same stage of his presidency.
Barack Obama trashed the American economy in order to get his “stimulus” scam approved by Dimocrats who control congress.
Now Obama has AIGita because Dimocrats might get scared by the anger of Americans and not allow Obama to spend, spend, spend.
Barack Obama’s Big Bang Theory of Governance is starting to face its first big test among the new president’s fellow Democrats. [snip]
As Obama’s remarks echoed on Capitol Hill, it soon became clear that the skeptics are not just Republicans.
There is rising doubt among Democrats — particularly moderates already concerned about the big costs and deficits called for in Obama’s budget — that either Obama or Washington have enough bandwidth this year to stimulate the economy, overhaul the failed financial sector and move on to a far-reaching domestic agenda.
“From the standpoint of the Congress, there’s only so much that we can absorb and do at one time,” Sen. Daniel Inouye (D-Hawaii), the chairman of the Appropriations Committee, told POLITICO Tuesday. “To maintain a schedule like the one we’ve got at this moment, throughout the year, I don’t know if it will be healthy.”
Not healthy? Barack Obama’s policies are murderous.
Democrats’ comments were muted, with few directly criticizing Obama for being too ambitious. But several lawmakers made clear that they have trouble with Obama’s logic that deep economic troubles make it more urgent, not less, to take on expensive projects such as health care and education reform.
“Everybody has to bring something to the table,” said Indiana Sen. Evan Bayh, a leader of a 15-member caucus of conservative and centrist Democrats. “That doesn’t mean that you have to postpone your aspirations forever. But until we’re through this crisis and growth has resumed, there’s going to be some belt-tightening that’s necessary.”
These doubts reflect conflicting currents in Obama’s political circumstances just 60 days into his administration.
Democrats are smacking down common-sense-less Dimocrats. The AIG mess demonstrates the Dimocrats lack any common sense.
“You are going to see some of that happen naturally,” said Sen. Jim Webb (D-Va.), explaining that some of Obama’s agenda — such as climate change — may fall by the wayside because there’s not enough support for it, not because it’s too much to tackle.“This isn’t going to be an automatic ‘yes’ vote for a lot of people,” Webb added. [snip]
But many lawmakers made clear Tuesday their view that voters’ willingness to trust Obama on some subjects will be determined by their view of how well he handles the economic crisis. That judgment, in turn, will be shaped by whether the White House effectively responds to public outrage over large bonuses to executives at bailed-out American International Group.
“Unless we can instill some trust back with the American people that these people who brought on this problem, who risked our 401K funds and hard-working people’s money, aren’t going to be able to profit from their folly, I think we are at risk of losing their trust,” said Sen. Amy Klobuchar (D-Minn.).
Obama and the Dimocrats will try to bamboozle Americans by staging fun events like green water for St. Patrick’s Day in the fountains and drone appearances Jay Leno’s comedy show. But what this week has proven is that Obama can’t walk and chew gum – Obama can’t be a comedian and solve the economic crisis at the same time. Obama is even confused over what is obvious to Americans regarding AIG.
This week’s AIG uproar showed how the financial crisis confounded early hopes that Obama could check his crisis boxes — a banking bailout and economic stimulus bill — and then turn swiftly to the policy proposals he’d promised on the campaign trial.
Instead, the crisis continues to buffet the White House in unpredictable ways. Treasury Secretary Timothy Geithner has struggled to present a steady public persona, produce detailed plans and even appoint senior staff. Press secretary Robert Gibbs’ daily briefing was consumed by AIG questions.
The usually wrong, not to be relied on Tom Friedman, shares Obama’s AIGita and desire to spend, spend, spend:
Let me be specific: If you didn’t like reading about A.I.G. brokers getting millions in bonuses after their company — 80 percent of which is owned by taxpayers — racked up the biggest quarterly loss in the history of the Milky Way Galaxy, you’re really not going to like the bank bailout plan to be rolled out soon by the Obama team. That plan will begin by using up the $250 billion or so left in TARP funds to start removing the toxic assets from the banks. But ultimately, to get the scale of bank repair we need, it will likely require some $750 billion more.
Tom Friedman wants Obama to overcome AIGita and live to spend again, but Americans increasingly just say “NO confidence“.
President Obama has been in power for just over 50 days, but already critics believe his plans to save America from disaster are doomed
President Obama still enjoys the popularity that comes with not being George Bush, especially in a city top-heavy with Democrats. But his initial response to the global calamity that he found on entering the Oval Office has not inspired popularity’s more sober elder brother, confidence. Large constituencies, notably business, are voicing their scepticism openly. The President’s much-vaunted $787 billion stimulus package is being widely interpreted, even by some of those (such as Warren Buffett, America’s second-richest man) who openly supported Mr Obama for the presidency, as a serious failure. And we are only just past the first 50 days.
We opposed the George W. Bush bailouts aided and abetted by Obama in late 2008. We opposed the Barack Obama “stimulus” scam. We opposed the 2009 budget. And we oppose the little of the 2010 budget we have thus far seen in the skeletal “budget overview”. We oppose these measures because they do not address the fundamental issue of the economy (It’s the economy, stupid) and are clearly political as opposed to economic proposals.
The main concern about the $787 billion package is that around $400 billion of it (estimates vary) is being used to buy off various Democratic constituencies, granting funding to local projects dear to the hearts of the congressmen whose votes were required to get the package through, and bailing out discredited banks and businesses that many feel deserved to go under. Only yesterday Nancy Pelosi, the Speaker of the House, asked for a change in funding rules to save the San Francisco Chronicle, an ailing newspaper in her own home town that has, by coincidence, loyally supported her. It is not impossible that her wish will be granted. This is what the Americans call pork-barrel politics, and there is enough pork in this scheme to keep pigs in business for decades. Another criticism of the package is that only 23 per cent of the money is expected to come on-stream this year, making a mockery of claims that the money was needed urgently to prevent meltdown.
Americans are beginning to wake up:
There is a rising consciousness here that money is being wasted, that Mr Obama is simply spraying it around, and that America is at risk of bankruptcy. [snip]
Mr Obama has shown little evidence that he has connected with the tens of millions in his country for whom hardship is not theoretical. Six hundred thousand people a month in America are going on the dole. Much of the $275 billion – perhaps as much as $200 billion – earmarked for the mortgage industry will go to shore up Fannie Mae and Freddie Mac rather than provide direct support to those whose homes are being repossessed. The pawn shops, the half-finished and overgrown housing developments on the edges of towns, the roads to nowhere and the new proliferation of beggars and down-and-outs on the streets of New York (I have not seen so many here since the 1980s) are a growing testament to the President’s challenge. He has yet to prove he is equal to it.
The trouble for any politician exciting high expectations is that they can almost never be fulfilled. [snip]
The comparisons with Roosevelt in 1933 are being played down, not least because in Roosevelt’s first few weeks the stock market rose rather than plunged, as it has under this president.
We have repeatedly written that,
Obama simply cannot be trusted. Obama cannot be trusted on any issue. Obama cannot be trusted by his friends. Obama cannot be trusted by his enemies. Obama cannot be trusted.
I am worried. Not because I am enamored of bipartisanship. I like Ike – but I like “Give ’em Hell” Harry, too. I have no problem with the sharp elbows approach, even coming from the White House. I am worried because I thought partisan reconciliation was an animating force of Obama’s candidacy, a big reason why he thought he – rather than one of the 306 million other Americans – should be President. I am worried that, amidst a credit crisis, two wars, and a lack of confidence in our nation’s institutions, we have installed as President a man apparently willing to abandon a foundational premise of his candidacy not three months into his tenure.
Obama can’t be trusted. Obama certainly can’t be trusted to spend the nation’s few remaining dollars.
Obama’s AIGita is that as Americans wake up Obama and his Chicago Circus will not be allowed to continue to spend, spend, spend….