Folks, looks like ‘the bump’ ain’t happened, at least yet…..like Clinton, bombing a baby formula factory (actually it was a Sudanese Pharmaceuticals factory that mostly made aspirin. And they sued the US government afterwards for damages) to take the heat off himself, Obama may have hoped people would forget his incompetency and give him a bump for ‘his’ bringing down the ‘Great Satan, US version’, that previous presidents had failed to accomplish.
The Rasmussen Reports daily Presidential Tracking Poll for Wednesday shows that 24% of the nation’s voters Strongly Approve of the way that Barack Obama is performing his role as president. Thirty-seven percent (37%) Strongly Disapprove, giving Obama a Presidential Approval Index rating of -13
It is also reported today that the dollar is now at a three year low:
With markets worried about a yawning U.S. budget deficit, traders said signs of slower growth will only add to trouble for the dollar, which fell to a three-year low against major currencies Wednesday. It has lost 7.7 percent in 2011. <.DXY>
“The dollar got beat up pretty badly against the euro,” said Firas Askari, head of foreign exchange trading at BMO Capital Markets. “The U.S. fiscal situation is a concern. Now it seems the U.S. economy isn’t just tepid but actually cooling off again. That’s not encouraging.”
But Askari and others said concerns about slower U.S. growth also dulled appetite for commodities and higher-yield assets for fear a U.S. slump would reverberate globally.
That sent the safe-haven Swiss franc to a record high against the greenback and drove the U.S. currency up against the Canadian dollar . Canada’s economy is heavily depend on exports to its southern neighbor.
No doubt Canada is squirming…..
On top of all this is a nice letter to a politician, although written in August of 2010, but appropriate for the moment:
THIS SENIOR CITIZEN NAILED IT!!!!!!!!!!!!!!
Alan Simpson, Senator from Wyoming , Co-Chair of Obama’s deficit commission, calls senior citizens the Greediest Generation as he compared “Social Security” to a Milk Cow with 310 million teats. August, 2010.
Here’s a response in a letter from a unknown fellow in Montana …I think he is a little ticked off! He also tells it like it is !
“Hey Alan , let’s get a few things straight..
1. As a career politician, you have been on the public dole for FIFTY YEARS..
2. I have been paying Social Security taxes for 48 YEARS (since I was 15 years old. I am now 63).
3 My Social Security payments, and those of millions of other Americans, were safely tucked away in an interest bearing account for decades until you political pukes decided to raid the account and give OUR money to a bunch of zero ambition losers in return for votes, thus bankrupting the system and turning Social Security into a Ponzi scheme that would have made Bernie Madoff proud.
4. Recently, just like Lucy & Charlie Brown, you and your ilk pulled the proverbial football away from millions of American seniors nearing retirement and moved the goalposts for full retirement from age 65 to age 67. NOW, you and your shill commission is proposing to move the goalposts YET AGAIN.
5 I, and millions of other Americans, have been paying into Medicare from Day One, and now you morons propose to change the rules of the game. Why? Because you idiots mismanaged other parts of the economy to such an extent that you need to steal money from Medicare to pay the bills.
6. I, and millions of other Americans, have been paying income taxes our entire lives, and now you propose to increase our taxes yet again. Why? Because you incompetent @#$% spent our money so profligately that you just kept on spending even after you ran out of money. Now, you come to the American taxpayers and say you need more to pay off YOUR debt.
To add insult to injury, you label us “greedy” for calling “bullshit” on your incompetence. Well, Captain Bullshit, I have a few questions for YOU.
1. How much money have you earned from the American taxpayers during your pathetic 50-year political career?
2. At what age did you retire from your pathetic political career, and how much are you receiving in annual retirement benefits from the American taxpayers?
3. How much do you pay for YOUR government provided health insurance?
4. What cuts in YOUR retirement and healthcare benefits are you proposing in your disgusting deficit reduction proposal, or, as usual, have you exempted yourself and your political cronies?
It is you, Captain Bullshit, and your political co-conspirators called Congress who are the “greedy” ones. It is you and your fellow nutcases who have bankrupted America and stolen the American dream from millions of loyal, patriotic taxpayers. And for what? Votes. That’s right, sir. You and yours have bankrupted America for the sole purpose of advancing your pathetic political careers. You know it, we know it, and you know that we know it.
And you can take that to the bank, you miserable son of a @#$%.
So, Mr. Barry, if you get down off the pedestal the SEALS created for you, check the latest posted gas prices where they are, in part, because you basically gutted all American drilling in the Gulf of Mexico. Let’s see what your ‘plan’ is to get some real economic work done that impacts every American, not the takedown of some towelhead in the Middle East whom may or may not actually be whom he was made out to be.