Apparently, Pres. Obama’s bus has detoured for a town hall in the Land of Oz:
“I don’t think we’re in danger of another recession, but we are in danger of not having a recovery that’s fast enough to deal with a genuine unemployment crisis for a whole lot of folks out there,” Mr. Obama told CBS News Senior Business Correspondent Anthony Mason. “And that’s why we need to be doing more.”
The 46 economists in the Wall Street Journal survey—not all of whom answer every question—put the odds that the US is already in another recession at 13%, while they peg the chances of going that way in the next year at 29%—up from 17% only a month ago. Goldman Sachs has the odds a bit higher at 33%. Moody’s Analytics’ Chief Economist Mark Zandi believes “the odds of a renewed recession over the next 12 months, already one in three, will increase if stock prices continue to fall.” Martin Fridson, global credit strategist at BNP Paribas Investment Partners, says high-yield bonds signal a 50% chance of recession. That’s also where Harvard University economics professor Martin Feldstein, a member of the Business Cycle Dating Committee of the National Bureau of Economic Research, pegs it. Nouriel Roubini has it higher.
[link]
See author page
For much of the population, the Recession never left the workscape. We can look to a decade more of slow advance, although a good, capable leader would make a serious, and very real difference to the 17% unemployed.
Obama stumping on the jobs challenge between golf games, reminds me of the EU’s recent “pleadings” with Greece when it received $155 Billion in bailout money, . . . . the geniuses at the European Financial Stability Facility (EFSF), asked Greece to cut spending, and urged it to “create jobs.” They were asking “Socialists” to create jobs. There is something infinitely absurd with such a notion.
Socialists have no idea HOW to create jobs. Greece will default, and Obama will do the same – no jobs. Bad speeches on the stump don’t create jobs.
Some radical measures should be implemented across the Nation to provide entrepreneurs serious incentives to get creative.
“Socialists” seem to have created 125,000 new jobs in Texas from 2007 through 2010. Evidently Governor Perry thinks they count for something; he includes them in his claim concerning Texas jobs creation. Take those “socialist” jobs away and Texas would be reporting a net loss of 178,000 jobs for the period–all in the private sector.
Take those “socialist” jobs away, and the count of lost Texas private sector jobs would no doubt be even higher than 178,000. Those 125,000 Texas public sector workers spend their wages in the Texas private sector.
Refer to: Do Texas’s government jobs count as jobs?
Here is another strike against Obama. There was a movie in which God had a commodity trader crash the price of grain. The grain was then dumped in famine ravaged Africa to stabalize the price. Obama got a gift of this sort from the housing collapse in the form of 240,000 foreclosed properties the federal government now owns. There are about 700,000 homeless people in the U.S. in any given night. About 75% of those are cronic homeless meaning they have been homeless for over one year. The federal government is trying to rent or sell the abandoned property, Obama could have ended cronic homelessness by putting the homeless in abandonded houses and apartments through HUD. That sort of creative thinking is what Obama lacks and even liberals can be shown that.
I’ve heard a newsroom rumor; that footage exists of Obama having a Q&A session following one of his speeches, where the Pres was oddly pausing after each question, then answering, but that one of the teleprompters was in the video frame, and Obama’s “answers” were scrolling up the teleprompter screen. According to my source, after a few minutes of this, the camera was zoomed to get the “telepathic” answer providing teleprompter out of the shot.
I’ve been trying to verify the legitimacy of this rumor and to locate the footage, so far without luck.
We have reached the tipping point. A demagogue is at his most dangerous when he begins to believe his own rhetoric. Demagogues who have no external check head into increasing separation from reality. King Putt advised the automobile companies that they could not make money on SUV’s and trucks. That is an example of hapless ignorance. Trucks kept Ford out of the clutches of Uncle Sam.
Zippy advised the farmers that there were no regulations looming over them. The honorable Zero has no idea what his own czars are doing (they are not under his control, after all).
The Pontificator-in-Chief has surrounded himself with sycophants, who will agree with him at all times. He has no cross-check, no corrective force, no nay-sayer in his entourage.
However much I disliked Bush II, at least he had Chaney to keep him honest.
There is a reason that Fauxbama is no longer listened to: he is not saying anything.
Just the facts, ma’am.
@Ditto:
Apparently you are right, Ditto.
Of Obama’s first national press conference last week. …..
http://spectator.org/archives/2009/02/16/in-all-fairness#
This is from Feb of 2009.
So, I’m thinking the image you remember is from around then.
You can thank the bogus “Free Trade” policy for this FUBAR.
@mathman: “King Putt.” ROFLMAO! What a perfect moniker.
@NanG
Thanks Nan, I was getting nowhere trying to find verification on that story. I’d heard about it last week, so I was under the impression that it was a more recent story. Here’s more:
The Washington Times
WordPress.com
Breibart’s Big Hollywood
Then there’s this by Robert Schlesinger on USNews.com:
Foreign news reporters tried to ask questions at the press conference, but they were ignored by the President.
More an BreitbartTV.com: Video of Gibbs being grilled on carefully controlled questions at Obama’s “Town Hall” spectacle. Even Helen Thomas is upset about this.
There’s a line in the book and movie of The Wizard of Oz that Boyd Richard Boyd paraphrases about Obama.
It seems more than appropriate here with that depiction of Obama as the Wizard of Oz….
Now, if you ever wanted a comprehensive listing (with links) of why Obama is the most anti-American president EVER go read Boyd’s article:
~~~~~~~~~~~The Anti-American President~~~~~~~~~~~~~~
It’s a keeper!
Umm Greg, that story has been debunked. Again, you lose to facts.
http://hotair.com/archives/2011/08/22/was-texas-jobs-expansion-due-to-government-growth/
From Reuters:
General Motors Co. is seeking to dismiss a lawsuit over a suspension problem on more than 400,000 Chevrolet Impalas from the 2007 and 2008 model years, saying it should not be responsible for repairs because the flaw predated its bankruptcy.
Here’s Obama, Via Autoweek in March of 2009:
“Let me say this as plainly as I can: If you buy a car from Chrysler or General Motors, you will be able to get your car serviced and repaired just like always. Your warranty will be safe. In fact, it will be safer than it has ever been. Because starting today, the United States will stand behind your warranty.”
RIIIIIIIiiiiiiiiiiiiiiiiiiiiiiiiiight!
@Nan G: # 12,
Nan G, beautifully delivered. . . . . But, umm, couldn’t you have picked a better time? Honestly, you ruined a good dinner.
As Obama continues his never ending campaign, I’ve noticed that once again the fawning MSM is back to its pre-2008-election Injection/Projection of what its deepest desires might be of a leader.
The Socialist MSM is back into dreamland, back to lathering the subject of it’s adulation with a magical potion of characteristics and action plans, that will never materialize, but will convince the easily led 39% to morph fiction into reality. The MSM will inject the followers with perceptions not their own.
Here is a current example of this sort of insidious garbage from the WP: Obama Must Get Bold, Tell Republicans ‘It’s On’
@James Raider: Unlike 2008, we’ve all had a long look at what’s behind the curtain. There’s no magic — only smoke and mirrors.