There was an amazing article on MSNBC.com today. It basically is an admission that the Obama Presidency is a major failure. Of course, MSNBC tries to spin this as the result of problems outside of Obama’s control, but that will not work. This is like excusing a coach for a losing record by complaining that the other team is deliberately trying to defeat his team. Duh! Following is the article:
All of the Republican candidates for President have been talking about reining in the Fed. So it should not have been a surprise that the Fed gave a rosy report today about the economy. They have to know they are in for a tough ride if Romney, or any of the other Republicans, get elected. It seems the stock market soared in response. Obama and his legion of main stream media supporters immediately began singing his praises.
However, I can’t imagine this working, or lasting. The situation in Europe is dire. Even China is showing strain with an increase in the trade deficit.
Today, President Obama accused China of breaking global trade rules by restricting exports of rare earth elements. He is probably right, but his timing, as always, is absurd. It will be quickly recognized as a political stunt. China is already feeling the pinch because of the failing world economy. Obama is naïve to think China is about to expand the export of rare earth elements so other countries can compete more effectively with Chinese manufacturers. He also made a major mistake by publicly embarrassing China. Odds are high that they will not respond well.
Gas prices are skyrocketing, as Obama promised. This is hardly a surprise since he has done everything possible to prevent further drilling. The only increase in oil production has come from leases signed by Bush or from development on private property. Obama’s real energy policy is to force people to stop using gas by making it so expensive that there will be no alternative. Gas is headed toward $5 and possibly $6 per gallon. This may appeal to naïve liberals who live in New York and don’t even own a car, but doesn’t play well in Peoria.
Afghanistan is in full meltdown. The only solution left is to withdraw our troops now, while we can. This is one of the worst foreign policy blunders in American history. Obama came into office promising to show Bush how it was done by winning the “necessary” war in Afghanistan. In June 2009, we had less than 30,000 troops in Afghanistan. Two years later, in June, 2011, we had 90,000 troops. But Obama also implemented new rules of engagement that made it much more difficult for our troops. Two thirds of all combat deaths in Afghanistan happened during Obama’s watch. He is far from winning the necessary war. Instead, he is about to leave with his tail between his legs, probably apologizing all the way to the exit. Then, of course, he will blame everything on Bush.
In reality, Obama has made everything worse, and it is becoming impossible to ignore. The MSNBC article is an admission of this. Of course they are trying to shift the blame. Ultimately, when a team continues to lose, the coach gets fired.
Democrats are so desperate that they are trying to repeat the 2008 smear campaign against Sarah Palin. But Palin is not even running. Smearing her name may be great fun, but it won’t save Obama. Recently there have been numerous main stream media pundits moaning and groaning about how we came so close to electing someone as unqualified as Sarah Palin to be Vice President. They shudder at the thought of someone so naïve and inexperienced only a heartbeat away from the Presidency. Well, earth to liberals: I actually agree that Sarah Palin did not have the experience necessary to be President, but she was far more experienced than Barack Obama. America did elect someone too naïve and inexperienced to be President. The results have been increasingly difficult to ignore. That is why even an Obama campaign outlet, like MSNBC, is doing failure analysis.
TDM