"Here's my problem with this, I'm just going to come out and say it. If I have anything to say against Obama it's not because I'm a racist, it's because I don't like what he's doing as President and anybody should be able to feel that way, but what I find now is that if you say anything against him you're called a racist."
~~ Former Law and Order Star Angie Harmon
Prime Minister, I see you’ve already mastered the essential craft of the European politician, namely the ability to say one thing in this chamber and a very different thing to your home electorate. You’ve spoken here about free trade, and amen to that. Who would have guessed, listening to you just now, that you were the author of the phrase ‘British jobs for British workers’ and that you have subsidised, where you have not nationalised outright, swathes of our economy, including the car industry and many of the banks? Perhaps you would have more moral authority in this house if your actions matched your words? Perhaps you would have more legitimacy in the councils of the world if the United Kingdom were not going into this recession in the worst condition of any G20 country?
The truth, Prime Minister, is that you have run out of our money. The country as a whole is now in negative equity. Every British child is born owing around £20,000. Servicing the interest on that debt is going to cost more than educating the child. Now, once again today you try to spread the blame around; you spoke about an international recession, international crisis. Well, it is true that we are all sailing together into the squalls. But not every vessel in the convoy is in the same dilapidated condition. Other ships used the good years to caulk their hulls and clear their rigging; in other words – to pay off debt. But you used the good years to raise borrowing yet further. As a consequence, under your captaincy, our hull is pressed deep into the water line under the accumulated weight of your debt. We are now running a deficit that touches 10% of GDP, an almost unbelievable figure. More than Pakistan, more than Hungary; countries where the IMF have already been called in. Now, it’s not that you’re not apologising; like everyone else I have long accepted that you’re pathologically incapable of accepting responsibility for these things. It’s that you’re carrying on, wilfully worsening our situation, wantonly spending what little we have left. Last year - in the last twelve months – a hundred thousand private sector jobs have been lost and yet you created thirty thousand public sector jobs.
Prime Minister, you cannot carry on for ever squeezing the productive bit of the economy in order to fund an unprecedented engorgement of the unproductive bit. You cannot spend your way out of recession or borrow your way out of debt. And when you repeat, in that wooden and perfunctory way, that our situation is better than others, that we’re ‘well-placed to weather the storm’, I have to tell you that you sound like a Brezhnev-era apparatchik giving the party line. You know, and we know, and you know that we know that it’s nonsense! Everyone knows that Britain is worse off than any other country as we go into these hard times. The IMF has said so; the European Commission has said so; the markets have said so – which is why our currency has devalued by thirty percent. And soon the voters too will get their chance to say so. They can see what the markets have already seen: that you are the devalued Prime Minister of a devalued government.
![[Obama's Poll Numbers Are Falling to Earth]](http://s.wsj.net/public/resources/images/OB-DH271_oj_sch_D_20090312202459.jpg)
By Douglas E. Schoen and Scott Rasmussen
It is simply wrong for commentators to continue to focus on President Barack Obama's high levels of popularity, and to conclude that these are indicative of high levels of public confidence in the work of his administration. Indeed, a detailed look at recent survey data shows that the opposite is most likely true. The American people are coming to express increasingly significant doubts about his initiatives, and most likely support a different agenda and different policies from those that the Obama administration has advanced.Polling data show that Mr. Obama's approval rating is dropping and is below where George W. Bush was in an analogous period in 2001. Rasmussen Reports data shows that Mr. Obama's net presidential approval rating -- which is calculated by subtracting the number who strongly disapprove from the number who strongly approve -- is just six, his lowest rating to date.
Overall, Rasmussen Reports shows a 56%-43% approval, with a third strongly disapproving of the president's performance. This is a substantial degree of polarization so early in the administration. Mr. Obama has lost virtually all of his Republican support and a good part of his Independent support, and the trend is decidedly negative.
A detailed examination of presidential popularity after 50 days on the job similarly demonstrates a substantial drop in presidential approval relative to other elected presidents in the 20th and 21st centuries. The reason for this decline most likely has to do with doubts about the administration's policies and their impact on peoples' lives.
What is it that Able Lincoln said about shysters like Obama not being able to fool all of the people all of the time?
The emperor has NO clothes!
President Barack Obama's plan to stimulate the economy was "massive,""giant,""enormous." So the American people were told, especially by TV news, during the run-up to the stimulus vote. Watching the news, you might have thought the only question was whether the plan was too big, too ambitious.
Yet many economists, myself included, actually argued that the plan was too small and too cautious. The latest data confirm those worries -- and suggest that the Obama administration's economic policies are already falling behind the curve.[More]
Princeton University Economics professor, 2008 Economics Nobel Prize recipient, "conscientious" liberal, closeted socialist and Barack Obama apologist Paul Krugman is nearing disappointment. The president, he argues, is "not doing enough" to ruin, I mean stimulate the economy, which is the usual Keynesian canard.
What is surprisingly shocking here is Krugman's near candor regarding his worries about Obama's handling of the economy so far. Here are the salient points:
(BTW, given the enormity of the economic crisis, shouldn’t Obama be spending more than just one hour a day with his economic advisers? Just asking)
No amount of liberal, head-in-the-sand propaganda, wishful thinking and hand-wringing will change the fact that if Obama "stays the course," the American economy will falter.
WASHINGTON – President Barack Obama, sounding weary of criticism over federal earmarks, defended Congress' pet projects Wednesday as he signed an "imperfect" $410 billion measure with thousands of examples. But he said the spending does need tighter restraint and listed guidelines to do it. Obama, accused of hypocrisy by Republicans for embracing billions of dollars of earmarks in the legislation, said they can be useful and noted that he has promised to curb, not eliminate them.
On another potentially controversial matter, the president also issued a "signing statement" with the bill, saying several of its provisions raised constitutional concerns and would be taken merely as suggestions. He has criticized President George W. Bush for often using such statements to claim the right to ignore portions of new laws, and on Monday he said his administration wouldn't follow those issued by Bush unless authorized by the new attorney general.
White House officials have accused Bush of using the statements to get around Congress in pursuing anti-terror tactics.
Obama signed the bill in private, unlike a number of recent signings that took place with fanfare, but he raised the issue of earmarks in public remarks playing down their scope and possible harm in the measure. They comprise about 1 percent of the spending package, which will keep the government running through September, he told reporters.
"Done right, earmarks have given legislators the opportunity to direct federal money to worthy projects that benefit people in their districts. And that's why I've opposed their outright elimination," he said.
The president is presiding over economic failure. The president is watching it, doing nothing about it. He's watching unemployment grow; he's watching the stock market plummet; he is watching people sign up for unemployment. The president of the United States is doing nothing to stop the downward spiral of this economy. He has no economic recovery plan.
The truth is, the president of the United States and Rahm Emanuel, who, remember, said, "Crisis is too great a thing to waste." What does that mean? They want you suffering, they want you miserable, they want it worse, they want you rejecting conservatism. They want you rejecting capitalism. They want you turning to them in fear and desperation and angst for an immediate fix to the problem. They want you thinking you have no ability to fix your own problems. They think you have and they want you to have no ability to take care of yourself.
So as the stock market now approaches minus 2,800 since Obama was elected, the statement today is to speed up the economic recovery, we're going to focus on health care. Ask yourself how that is going to get you your next job.
~~ Rush Limbaugh
