Barack Obama is living the good life. Basically, he's Jack Nicholson, only with a lot more security.
Video.
Looking at the guy, I don't see any strain of being president at a time when the nation faces incredible challenges and its people are suffering. He doesn't seem burdened by the weight of his responsibilities.
Obama doesn't appear to be making any sacrifices.
No, he's courtside, cheering at the Wizards-Bulls game.
Meanwhile, people are dealing with their finances and futures in ruin.
A late burst of selling sealed a dismal finish for the stock market, which hit a fresh 12-year low on Friday as Citigroup sold a bigger chunk of itself to the government and General Electric slashed its dividend, spooking investors who were already jittery.
The Dow Jones Industrial Average dropped 119.15 points, or 1.7%, to end at 7062.93. The blue-chip benchmark ended down 937.93 points, or 11.72% on the month -- the worst percentage drop for February since 1933, when it fell 15.62%. The Dow industrials have fallen six months in a row and are now more than 50% off their record highs hit in October of 2007.
The S&P 500 fell 17.74 points, or 2.4%, to 735.09. Its financial sector dropped 6.5% and its health-care sector sank 4% on fears that President Barack Obama's reform plans will carve into the profits of drug makers and insurers. The S&P is off 53% from its October 2007 peak and has now seen its worst six-month drop in percentage terms -- 42.7% -- since 1932, when it dropped 45.44% in the six months ending in June.
Major market yardsticks broke through one long-term low after another this week, but the slide never quite gained intraday momentum akin to that seen during the market's late-2008 plunge. Many market veterans now expect the market to continue such a slog in the days ahead, with both new lows and short-term rallies likely.
Obama's reform plans have made investors more wary, not more confident. His catastrophe talk and fear mongering and promises of tax increases have been absolutely disastrous.
Obama didn't "inherit" these plans and proposals. They're of his making.
This all should be weighing heavily on him.
Does he look troubled to you? Does he look mildly concerned? Does he look like he feels our pain at all?
Obama seems to be having a great time. I think he looks completely out of touch, totally detached from the realities of what he likes to call "Main Street."
I don't want to hear Obama lecture me about making sacrifices. I just don't want to hear it.
4 comments:
Keep up the great work showing Obama for what he is. This latest installment is unbelievably callous and shows either an "out of touch" and/or a "don't give a "f**k" mentality. I may be wrong but I do not remember the Clintons or Bush being out and about so much, and their times were nowhere near precarious as the current times. But then, what does everyone expect? It's not as if HE is worrying about the state of the union and actually making the decisions about policy. He's the first black president after all. He has an image to uphold.
When he shows up in a big fur coat with matching hat, then we'll know with certainty we're screwed.
It's good to be the KING. And I flat guarantee you that he really does think he is the KING.
If he can just keep everybody fooled by going to basketball games and acting like a regular gu for the next six months, he can bring the country to its knees just like he has planned.
"You're doing a heck of a job, Brownie." Bush was really in touch with people.
Cyd doesn't remember Bush being out and about so much? That's because Bush spent nearly 1/3 of his presidency on vacation (487 days at Camp David and 490 days at his ranch in Crawford, TX out of a total of 2922 days).
I'd say going to a basketball game shows he is much more in touch with people than spending more than a year of your presidency on a 1600 acre ranch in Texas. Lots of people have 1600 acre ranches, or family estates in Maine.
Would you prefer Obama roam around weeping at the mess Bush left. You condemn him for speaking frankly about the dismal state of the economy, because that will upset the markets, but then you condemn him for not being appropriately solemn and/or stressed when he goes out into public.
The reality is you don't like Obama - it doesn't matter what he does or says, you will find a way to criticize it. I think Bush was the worst president in U.S. history, and yet there are actually some things he did that I agree with and support. I doubt the same can be said from the "Second Revolution" crowd of right-wingnuts.
Obama attends a basketball game. Great find.
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