10/2/09: Obama’s Worst Day As President (so far)
US JOB LOSSES WORST SINCE 1983 – 9.8% UNEMPLOYMENT
(Millions of jobs shed SINCE Obama Stimulus bankrupts nation)
DOW DROPS SEVEN OF LAST EIGHT DAYS
US FACTORY ORDERS PLUNGE UNEXPECTEDLY
(How’s that “growing economy” working out for you, Tano?)
CHICAGO LOSES ON FIRST BALLOT FOR 2016 OLYMPICS.
(Only thing accomplished was large Obama carbon footprint,
and Michelle “sacrificing” by making trip)
This President can truly be declared the worst since Jimmy Carter, circa 1979.
2010 and 2012 cannot come soon enough to rescue our nation.
-Bruce (GayPatriot)
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Bruce, I’m right there, shaking my head too at Tano’s recent comments on the economy. He thinks an inflation-driven** boom in the stock market is a growing economy. Astounding. Didn’t he learn anything from our recent bubbles? Re-inflating the bubbles with 0% interest rates, is not growth.
(** “inflation-driven” carefully chosen to make certain heads explode. People don’t realize how inflation works. It’s a long process. It starts with the government setting low interest rate targets, spending like mad and inflating the money supply, specifically M0, the monetary base. Next, it shows up in the asset markets, as asset prices going up when they have no good reason to. Sound familiar? Finally, after many years, it shows up in the CPI. That’s the last symptom of the disease, like death being the last symptom of cancer. Just because you’re alive doesn’t mean you’re free of cancer; just because you don’t see the CPI skyrocketing yet, doesn’t mean your country isn’t already in the grip of inflation. But shhhhh, don’t tell Tano! Let his head explode, or let him lecture me on how “there is no inflation”, like the complete ignoramus he is!
)
Comment by ILoveCapitalism — October 2, 2009 @ 11:42 am - October 2, 2009
Notice how Tano’s gotten quiet? Maybe he was getting his checks through ACORN and not the administration?
Comment by The_Livewire — October 2, 2009 @ 11:50 am - October 2, 2009
Plus there’s this good news.
Comment by The_Livewire — October 2, 2009 @ 11:51 am - October 2, 2009
Live – I updated the main post. I had forgotten that wonderful part of the Obama Recession. /sarc
Comment by GayPatriot — October 2, 2009 @ 11:58 am - October 2, 2009
Now more Obama news…..
the world community kicks him in the groin and Chicago is booted first!
Check out the picture Drudge has of Obama as he hears the news…
humiliated…..
nice job Mr President. Wanna come home now and get some work done?
http://www.drudgereport.com/
Comment by Gene in Pennsylvania — October 2, 2009 @ 12:01 pm - October 2, 2009
Chicago comes in 4th place in Olympic voting. Last.
Wonder what impact Barack and Michelle had? hehe.
Comment by Gene in Pennsylvania — October 2, 2009 @ 12:02 pm - October 2, 2009
Obama+Michelle xOprah = ZERO
Comment by Gene in Pennsylvania — October 2, 2009 @ 12:04 pm - October 2, 2009
They told me that if I voted for McCain, we’d have the 3rd Bush Term: Economic disaster, secret CIA prisons, GITMO, corrupt government and the rest of the world would hate us.
They were right!
Comment by GayPatriot — October 2, 2009 @ 12:04 pm - October 2, 2009
Ok jobs….
“we only lost another 263,000 jobs in September under the Presidency of Barack Obama.”
Imagine if he hadn’t been working so hard to save jobs, how many we would have lost. huh? Imagine.
Comment by Gene in Pennsylvania — October 2, 2009 @ 12:07 pm - October 2, 2009
Limbaugh has the best response to Obama humiliated in Copenhagen…
Mmm MmmMm B A R A C K H U S S I E N O B A M A Mmm Mmm Mmm
Comment by Gene in Pennsylvania — October 2, 2009 @ 12:11 pm - October 2, 2009
Obviously this means that the IOC and the rest of the world are racist.
Unless, of course, Barack Obama wants to walk back his assertion that anyone who doesn’t do exactly what he wants is a racist, as pushed by his Jimmy Carter, his Nancy Pelosi, his Harry Reid, his Tano, his David Axelrod, his torrentprime….
Comment by North Dallas Thirty — October 2, 2009 @ 12:57 pm - October 2, 2009
There is this blogger I love, Gregory of Yardale. He has linked a great clip on the Olympics thing. It’s a delight to hear the media talking head’s heartbroken shock at Obama losing on the first ballot: http://www.moonbattery.com/archives/2009/10/obama_fail_no_c.html
Comment by ILoveCapitalism — October 2, 2009 @ 2:20 pm - October 2, 2009
Wow, is it actually possible that not everyone in the world loves Obama as much as he thinks?!
Comment by Beverly Lynn — October 2, 2009 @ 2:41 pm - October 2, 2009
I agree, ILC. Gregory of Yardale is awesome. The most under-rated blogger on the internets.
Comment by V the K — October 2, 2009 @ 2:48 pm - October 2, 2009
3 times. Still good!
“Unbelievable… No one expected this development” – Exactly what the same people will be saying when the next round of America’s financial/economic crisis hits.
Comment by ILoveCapitalism — October 2, 2009 @ 2:56 pm - October 2, 2009
As a rule, I never root against the USA in any international competition. But I was sorely torn when the Obamas decided to make this all about themselves and their “sacrifice.”
For shame, Mr. President.
Best wishes,
-MFS
Comment by MFS — October 2, 2009 @ 2:57 pm - October 2, 2009
It’s America’s worst day since Obama’s been president,
not Obama’s worst day since being president.
Even those who dislike Obama, make it about Obama.
Comment by Geena — October 2, 2009 @ 3:01 pm - October 2, 2009
But I disagree that it is *America’s* worst day.
- Losing the Chicago Olympics – how is that any skin off America’s nose? It’s skin off Obama’s.
- The Dow going down – so what? It’s just a number. And we should ask whether it had any business being up.
- Bad news in the economy: OK, that is legittimately America’s problem and I feel bad about it. But whose bad policies are, at this point, causing it and in need of being defeated? Obama’s. If it’s a bad day for Obama, that’s the silver lining in it being otherwise a cloudy day for America.
Comment by ILoveCapitalism — October 2, 2009 @ 3:20 pm - October 2, 2009
>Losing the Chicago Olympics
Trivial, compared to unemployment which is the real story
>The Dow going down – so what? It’s just a number.
Hardly, if it’s just a number than Dow 0 would have no meaning.
>Bad news in the economy
exactly…
>If it’s a bad day for Obama, that’s the silver lining in it being otherwise
>a cloudy day for America.
It’s still about Obama for you! Obama’s bad day is what comes to your mind first, 9.8% comes next.
America’s equity and wealth you called a number. Well than is 9.8% just a number?
Comment by Geena — October 2, 2009 @ 3:35 pm - October 2, 2009
And who on earth ever thought they would pick Chicago over Rio!!! There is no comparison. There are only 3 people
Obama
Michelle
Oprah
And i agree – come back now and do some work.
Comment by PatriotMom — October 2, 2009 @ 3:38 pm - October 2, 2009
Nope. Obama’s *policies*, Geena. Obama’s policies are, at this point, causing the bad economy (which is bad for America) and stand in need of being defeated. If it injures Obama’s political capital and hence his ability to pass or maintain his bad *policies*, then it’s a silver lining in the bad news for America.
Comment by ILoveCapitalism — October 2, 2009 @ 3:45 pm - October 2, 2009
And I would feel the same way, for the record, if it were the same bad *policies* under President Kerry or Biden or Edwards or, for that matter, President Bush.
(In fact, President Bush did pursue many of the same bad policies… only about 1/3 to 1/4 as intense. E.g., Bush deficits of $400 billion were bad… and are 1/4 of Obama’s $1.6 trillion deficits.)
Comment by ILoveCapitalism — October 2, 2009 @ 3:47 pm - October 2, 2009
Obama humiliated in Copenhagen. Another 263,000 souls lose their jobs under Obamas watch. Obama said unemployment wouldn’t go above 8%. What a failure this guy is. I’m visiting the peoples republic of Ft Lauderdale FLA and I’m struck by the lack of OOOO Obama bumper stickers. You hardly see a one now. Even Obamas hard core voters have scraped and peeled them off. And I’ve only laughed out loud and pointed to a handful of the vehicles that still have em on. I wonder if Barack will be asked to campaign in only hard core socialist places next year.
Comment by Gene in Pennsylvania — October 2, 2009 @ 4:05 pm - October 2, 2009
Gene, I live in an ultra-blue, pro-Obama area and I am also astounded by the relative lack of Obama bumper stickers. Maybe 1 car in 50 still has them. Contrast to the 2004 election, when probably 1 car in 5 kept a Kerry-Edwards sticker going for months or even years after the election. What gives?
Comment by ILoveCapitalism — October 2, 2009 @ 4:13 pm - October 2, 2009
WOW read this blistering memo by one of the lefties on CNN Jack Cafferty…..
http://caffertyfile.blogs.cnn.com/
Comment by Gene in Pennsylvania — October 2, 2009 @ 4:15 pm - October 2, 2009
I went to Townhall for the original of the clip I was talking about, and found more comedy gold:
http://townhall.com/blog/g/77862824-abdc-4f17-98ff-580dfeb20b5e?comments=true&commentsSortDirection=Descending
It’s the second clip. Talking Head is arguing with Correspondent after some press conference during the Gates affair. Talking Head didn’t like the outcome of the press conference. He and Correspondent are both African-American men. Correspondent keeps it all in perspective, make great and reasonable comments. While Talking Head is beside himself with anguish and practically biting Correspondent’s head off, because Correspondent isn’t more upset (i.e., is not seeing things exactly as Talking Head does).
Comment by ILoveCapitalism — October 2, 2009 @ 4:29 pm - October 2, 2009
A larger point about “reporting ” in America.
I seem to remember in past when Olympic cities were chosen, the media seemed to have dug up reporting on how the votes were going to go. “Wolf,, in talking to 50% of the delegates of the IOC it appears as though Athens may have 80% of the votes sewn up…”
There is so little actual reporting now going on. Where trained journalists go out, do the work and give us new and fresh information. Instead they rely on faxes from special interest groups or talking heads to formulate stories. It’s why so often the first lines of stories say….”experts were surprised at the labor dept information…..” The dummies in the media didn’t seem to realize that boobs like Oprah Michelle and Barack didn’t have a vote on the IOC committee. hehe
They didn’t finish in second place they finished in LAST PLACE!
Comment by Gene in Pennsylvania — October 2, 2009 @ 4:49 pm - October 2, 2009
The IOC does what the IOC does best.
I checked some of the links. I could not find the blistering comment on Cafferty’s site, but found that there are a lot of people who know nothing about anything…. one idiot seemed to think that the Republicans had control of congress over the last few years when in fact the Dems had the control… sigh….
The other thing is that a commenter on the other site mentioned that Australia would not touch Cap and Trade. Well that person is very, very, wrong. We have the same fight with a stupid govt run by a narcissist named Kevin Rudd or KRUDD. We have a lot of the same cronyism, and worse the woman deputy prime minister is a known communist. (mind I do think she has a lot more substance than KRUDD)
Comment by thestraightaussie — October 2, 2009 @ 5:45 pm - October 2, 2009
I’m not celebrating the loss of the Olympics (although I am sure were better off without them!)
I am laughing because the fluffer media has been hyping his visit all week, and it was sweet to watch the smiles wiped off their smug little faces. I am laughing because Obama’s worshipers have been shown the foolishness of their little bronze god. Obama personalized this. If Chicago had won, he would have taken credit for it and basked in the glow of his success. But he failed, and it’s only fair that he be ridiculed for his failure.
Comment by V the K — October 2, 2009 @ 7:01 pm - October 2, 2009
I just heard on independent Fox News that Obama only got 14 votes out of 94 cast on the ballot when Chicago was shown the door. Yeesh. They are also reporting that Chicago and Illinois spent 55-100 million dollars on the effort not including the federal govenments flights for the first family. Wonder how many young lives could have been saved in that beleaguered community with that wasted money. Only God knows.
Comment by Gene in Pennsylvania — October 2, 2009 @ 7:18 pm - October 2, 2009
Caffertys memo is called HOW OBAMA CAN PUT SOME WINS ON THE BOARD.
http://caffertyfile.blogs.cnn.com/
You know the media always trying to help leftist polititians get on track.
Comment by Gene in Pennsylvania — October 2, 2009 @ 7:20 pm - October 2, 2009
Well Roland Burris is blaming Bush for the olympic loss…
And I don’t get a hat tip on the front page? I’m hurt Bruce, I’m hurt.
Comment by The_Livewire — October 2, 2009 @ 9:17 pm - October 2, 2009
What’s the difference?
Comment by ThatGayConservative — October 2, 2009 @ 9:27 pm - October 2, 2009
Ba-Ba-Boosh!!!!
I thought he was a total dick. ;-P
Comment by ThatGayConservative — October 2, 2009 @ 9:34 pm - October 2, 2009
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Pingback by Heckuva job, Barry « Intrusion Alert — October 2, 2009 @ 10:03 pm - October 2, 2009
I am not a gay, but feel sorry for each of us, all of us.
Obama will NOT create jobs, it is up to us to just survice, folks.I never thought, but am not in life-threatening shock, that this Obama wrought trajesty of human kind existence and helping each other would occur such deep depression in our nation.Time we all bounce the phony. What do you say?
Comment by AZA — October 2, 2009 @ 10:24 pm - October 2, 2009
My understanding is that the IOC has never been a great fan of the U.S. to begin with. My guess is that despite all the official process behind selecting the location, the committee was gunning for Rio, since no South American city has ever hosted an Olympics. Chicago did make it to the top 4, and it’s even possible that it was a second choice for the committee, and many members may have believed that eliminating Chicago first would make it more likely for Rio to come out on top. Even so, I wouldn’t be surprised if Obama’s pitch did hurt Chicago’s chances.
Comment by Pat — October 3, 2009 @ 10:16 am - October 3, 2009
Cash for Clunkers did nothing but cannibalize future-month sales. The future months are here now… and sure enough, auto sales have plummeted:
http://www.washingtonpost.com/wp-dyn/content/article/2009/10/01/AR2009100103573.html?wprss=rss_nation
Yup. That was sure a *wise* expenditure of taxpayer money that, in the words of one admirer quoted in the article, “instill[ed] a sense of confidence that we can exit this recession.” Wasnit?
Comment by ILoveCapitalism — October 3, 2009 @ 10:18 pm - October 3, 2009
LOL! What revisionists you all are. Don’t forget, it was bushco’s sinking of the economy which got us into this mess.
Obama’s just cleaning up the horrible actions of the preceeding administration; to suggest he can undo all the damage in 9 months is laughable.
You people have no shame and no morals. You’re not “patriots” you’re nothing more than crybabies. It’s going to be a LONG, LONG decade for you.
Comment by buckeyenutlover — October 4, 2009 @ 11:54 am - October 4, 2009
And bnl is back to his standard talking points.
Shame you can’t refute anything, or counter any data.
Comment by The_Livewire — October 5, 2009 @ 7:03 am - October 5, 2009
39: Our friends here tend to forget that unemployment continued to climb for over 2 years into St. Ronnie’s Administration. The lowest point of unemployment didn’t come until 6 years later, at the end of Ronnie’s term.
So exactly why is Obama worse on unemployment at this point?
Comment by Kevin — October 6, 2009 @ 2:08 am - October 6, 2009