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The Forum > Article Comments > Obama is 'on the nose' > Comments

Obama is 'on the nose' : Comments

By Brendon O'Connor, published 5/8/2010

There is no escaping Obama’s unpopularity in the United States.

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*It's fascinating to watch how your bias subverts your ability to reason.*

Not so Proxy, I am simply better informed, with superior
reasoning skills to yours.

*Yeah, we all know how well the economy must be doing when the smartest people liquidate their investments and stick them under the mattress.*

Proxy, do you have the foggiest, remotest idea, how smart people
even make investment decisions? Fact is that the US market has
responded far too much, so many are taking profits. That makes
perfect sense in the present market. Fact is that there are huge
volumes of cash around. People will invest, when they see a bargain,
not just for the sake of it. American wages remain the highest in
the world, with most people having a job. Hardly hard times.

What Americans are doing, which is sensible, is learning to spend
a bit less then they earn and saving a bit, something which they
had largely forgotten. Yet when that new I-pad comes along,
millions have the cash to buy one.

*Liberal icon president soliciting oral sex from intern in oval office,*

Oops, Proxy, the evidence shows that she was ready,willing and able,
big difference! Office affairs are a dime a dozen. That was
really his business, not the republican party's business.
Instead, the republicans stuck a dummie in there who was battling
to think, then ruined the country. It kind of shows the priorities
of the extreme right and how foolish they are
Posted by Yabby, Tuesday, 10 August 2010 1:48:21 PM
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America, you're in good hands with Obama:

"(Obama is) so driven to achieve his big-government policy goals that he and his policy people are ignoring their own economic advisers on the severe economic costs that his agenda will cause. “

“Treasury Secretary Tim Geithner and chief economic adviser Lawrence Summers … have almost no say in major policy decisions. Obama economic counselor Paul Volcker, the former Fed chairman, is barely consulted at all on just about anything -- not even issues involving the banking system, of which he is among the world's leading authorities.”

At most, the economic people and their staffs get asked to do cost analyses of Obama's initiatives for the White House political people -- who then ignore their advice.”

“Obama, according to Wall Street people who regularly deal with his economic and budget officials, is acting as if he has a blank check to do what he wants, while ignoring the longterm costs of his policies.”

"As one CEO of a major financial firm told me: "The economic guys say that when they explain the costs of programs, the policy guys simply thank them for their time and then ignore what they say."
In other words, the economic people feel that they have almost no say in this administration's policy decisions.”

“The execs who had such hopes for the president are now wondering fearfully just how radical he really is.”

“The (former Wall Street executive and longtime Democrat) said he told the president that he's at a disadvantage because he's relatively inexperienced in economic matters during a time of economic crisis. "That's why I have Valerie," came Obama's reply.
"Valerie" is senior adviser Valerie Jarrett -- a Chicago real-estate attorney and one of Obama's closest friends, who has deep ties to the Windy City's Democratic political machine.
Now you know why Wall Street is so nervous.”

http://www.nypost.com/p/news/opinion/opedcolumnists/burned_by_obama_CRw506e4NQv1C9IkTVM7tO
Posted by Proxy, Wednesday, 11 August 2010 9:35:55 AM
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The New York Post eh Proxy?

http://en.wikipedia.org/wiki/New_York_Post

Voted as the least credible news source in Ney York. Another
Murdoch tabloid, I'm not sure if they have a page 3 girl,
like his similar tabloids.

If you want some credible news about what the business community
thinks, what Summers, Geithner, Volcker and others think,
they all appear regularly on Bloomberg and say what they
think. You are free to inform yourself if you wish.
Posted by Yabby, Wednesday, 11 August 2010 10:35:32 AM
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