Obama's the One and Done

It comes as no surprise to regular readers of my posts (if I have any) that I am no fan of Obama. What should be a surprise is that anyone still is.

President Barack Obama likes to pose as the adult in the room, the only one whose intellect is up to the challenges facing our nation today. Those voters who agree with his personal assessment, or delusion, if you will, are dwindling in number.  Over the last several weeks, much regret has become evident among the voters over their selection of Obama in the 2008 primary and election. "What Happened to Obama?" is a common question asked by many Obama supporters, quickly followed with the observation from some that, "We should have picked Hillary."

I happen to disagree that Hillary should have been the 2008 nominee. If it weren't for her chumminess with Rupert Murdoch during her Senate re-election run turning me off, it would have been her racially-tinged pitch to those who later became Tea Baggers when she knew she was losing to Obama. Or something, for there is a long list of negatives that would be used against her by the GOP.

It's no different with Obama. Obama himself lost me with his hard right turn in policy immediately as he defeated Hillary and won the nomination. Now, it looks like he's lost many of the most loyal voters. Gallup just released a poll showing that Obama's approval rating tops 50% in only eleven states, and the data for this poll was gathered as far back as January, long before it became evident that Obama was willing to sacrifice Social Security and Medicare in his quixotic quest for serving his illusive Dulcinea, the  mythical bipartisanship. That fact can't be helping this approval difficulty.

But the ones whose support Obama desperately needed most for a successful campaign may now be gone. I'm sure there is now regret for supporting Obama extending to the Wall Street investment bankers, they who received so much from Obama despite the ever-growing pleas from the jobless of Main Street.

Obama's abject surrender to all things Tea during the recent debt reductions "talks" has led many of the investor class to question whether or not Obama has a clue of what to do to bring back those massive profits. They are taking their money out of the stock casino, for they feel that the risk has become too great. In their search for security, investors are doing something the Tea Baggers are violently against: putting their faith, trust, and money into the very government securities that drive the Tea Baggers to tax-cutting frenzy. As one investment representative put it, "global investors view US bonds as the safe-haven asset choice."

Article Author: Realist

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