Roger L. Simon

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By Roger L Simon

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Dow Down 500: Should Obama Resign?

August 4, 2011 - 1:21 pm - by Roger L Simon
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The worldwide market plunge since the signing of the U.S. debt agreement tells us one thing above all: Almost no one on the planet has confidence in the leadership of Barack Obama.

A CEO with such a disastrous first three years as our president has had probably would already have been called upon to resign or been pushed out by his company’s board of directors — more than likely for some time.

Obama has failed in virtually every direction, foreign and domestic. His policies indeed are almost non-existent. He is completely rudderless, unless you accept the view that he is following the prescription of Cloward-Piven and has set out to destroy American capitalism from within.

If that is so — and I don’t really accept it for a variety of reasons — he has failed even at that, because his reelection becomes less likely with every passing day. A Cloward-Piven strategy could not be successful in only four years. America is far too strong for that. In the case of Obama, his policies are leading to something quite the opposite — an epic disaster for the Democratic Party and (modern) liberalism in 2012.

Not that we wont have plenty of pain along the way. We may even be in a full-scale Depression or close to it. And coming back will be far from easy in a world where Iran is running OPEC and the EPA acts as if The Silent Spring is The Gospel According to Mark.

Nevertheless, Obama is ensuring his own failure. Should he resign? If you were a Democrat, you might want that, even with daffy Joe Biden waiting in the wings. Better yet, you would want Obama, in the grand tradition of LBJ, to decline a second term. No such luck. The man is evidently an (increasingly) bitter clinger, as he indicated at a Chicago fundraiser on Wednesday night:

It’s been a long, tough journey. But we have made some incredible strides together. Yes, we have. But the thing that we all ought to remember is that as much as good as we have done, precisely because the challenges were so daunting, precisely because we we were inheriting so many challenges, that we’re not even halfway there yet. When I said ‘change we can believe in’ I didn’t say ‘change we can believe in tomorrow.’ Not change we can believe in next week. We knew this was going to take time because we’ve got this big, messy, tough democracy.

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212 Comments, 100 Threads, 19 Trackbacks

  1. 1. GLOBALIST

    We are destroying your currency and economy. We are setting the stages for a New World Order and One World Government. The nation-state no longer exists. Patriotism and nationalism is dead. There will some pain for some people. Adjustments will have to be made. It will require a whole new mindset. Don’t think of yourself as an American citizen. Think of yourself as a global citizen, a citizen of the world. We are entering a new era in the history of mankind. Those who refuse to join us will cause themselves unnecessary pain and suffering. A New World Order and One World Government is inevitable, just a matter of time. Those who resist will end up in the dustbin of history. I hope none of you are foolish enough to attempt to resist. Resistance is futile.

    Under the guise of free trade we are destroying your manufacturing base, your economy, your currency, and ultimately your sovereignty. Under the guise of all these free trade deals we are erasing your borders, your national identity, your loyalty, we are outsourcing all your manufacturing jobs and destroying the middle class. Your economy is based on nothing. You produce no real wealth. Your economy is a deck of cards which we will collapse when the time is right. We control both political parties. You are peons. You have no power. We control the media, the financial institutions, Wall Street, the corporations, the entertainment industry etc. You are so Balkanized and divided, you will never be able to stand up to us.

    The world is changing. Very soon an independent “America” will cease to exist. Get it through your heads. The nation-state is dead. Borders are obsolete. Nationalism is dead. You are not am American citizen. You are a global citizen, a citizen of the world. There is no American economy. There is a global economy. Your system of government is obsolete, irrelevant and inefficient. It will be replaced. Initially, there will be some pain for some people/countries. They will have to adjust to the new way things are done. But long-term things will be much better, much smoother, much more efficient. The world faces many problems, and the only solution is a New World Order and One World Government. We are entering a new period of human history. Those who are stubborn and refuse to join us will cause themselves unnecessary pain and suffering. A New World Order and One World Government is inevitable, just a matter of time. Those who resist will end up in the dustbin of history. I hope none of you are foolish enough to attempt to resist. Resistance is futile.

    • Gordon

      Nah. By transferring the burden of our entitlements onto your shoulders, we will squish you like a grape.

    • Cybergeezer

      You fool; You are consuming your medicinal marijuana too fast. Why would we resist a stoned bunch of losers like you? You shall destroy yourselves.

    • Attila the hun

      You are an idiot who drunk the same International Socialist cool-aid as the guy in WH. Hussein Obama has proved it, Your dream of socialist utopia is humanities nightmare.
      America is up to you to end current nightmare. I can wait for 2012

    • Nanette

      If you think borders are dead, try crossing into Iran or someplace like it.

      • ronnor

        Getting in isn’t the problem, its the getting out thats the hard part. You have a Bill Ayers at every watchtower, Ayers is there with the dogs and your behind barbed wire, thats what 55 million idiots took a chance on with Obama’s “Yes we can.”

    • jerry g kulyk

      dear globalist. The Eurozone is one world order lite. How is that working out for them? Socialism soon runs out of other peoples money. Its one giant Ponzi scheme. You need more and more of other peoples money for it to remain afloat. At the end it all comes tumbling down. At what cost? Millions upon Millions dead and starving. For cool aid drinkers like yourself history starts today. The 2 largest examples are the Soviet Union and Communist China. If communism should have worked, it was in those 2 pre-idustrial societies. We in the United States are not Russian or Chinese peasants. We are Americans. There is no way in hell that We will fall for Your B.S. George Soros and his minions in the U.N. can go to hell. Maybe We can send Seal Team 6 over to visit good old spooky dude.

      • Vagabond

        maybe we can send seal team 6 in to get spooku dood. that is the best sugestion I have heard since osama binladen was taken out. soros was a traiter to his people and everyone around him dureing ww2 and is atill a traiter to everone else. YES. lets send seal team 6 after him,

    • white tiger

      When you come for us, we will be waiting.

    • Boyd

      So what’s first on your agenda? Pipe bombs or shooting kids at camp?

    • Armando

      Obvious troll is obvious.

      • Paul of Alexandria

        Um, guys – I think that this is what the Liberal Progressives are trying to do. There’s a technical term for this, which I forget. It’s not satire or irony. Metaphor, perhaps?

        • Stormbringer

          I think a metaphore would be using Nero and Rome burning to represent Obama attending a BBQ on the day the market loses 500 points

        • Anglo-Saxon

          The term you are looking for is hyperbole – the use of exaggeration to emphasize a point.

    • Dave Surls

      Kinda like the Borg in the Star Trek shows/movies.

      Resistance is futile. You will be assimilated.

    • “Resistance is futile”, well, that’s original. When you are talking One World Government you are talking about weakling Europeans and insane Imams. Look to Brazil, Pananma and other burgeoning economies that are not being hog tied by some stupid bureaucrats. You are not talking Americans. We are not done we are re-thinking the politcally correct way to say: LOSER!

    • Anonymous

      Yup, trickle-up poverty, corruption and collectivism (not to mention mediocre bureaucratic tyranny)… that’s the “rest of the world” (on a good day) that American exceptionalism and have our own country spares us from.

      The “right to education” and “right to healthcare” that UN folk go on about are a right to an 8th Grade education (literacy) and right to basic medical care (emergency room) respectively, for example, because such things would be an improvement in many places. America and our families would be robbed of what we have now (robbed naked, pretty much) to support the rest of the world that wouldn’t even blink in such globalist prescriptions. Burning your money and living under a bridge because you feel guilty that other people live like that (and you can also feel better by forcing everyone else you know to burn their money and live under a bridge with you too) doesn’t make the lot of humanity any better.

    • dafrank

      I hope and suspect that your post is a well-meant but clumsy satire on One World New Order mandarins and their idiot enablers. However, on the off chance that you are actually serious, I would recommend a balanced approach of psychotherapy, mood altering drugs, a diet of fava beans and brown rice only, a careful search for your head by a board certified proctologist and a 20-day enforced recitation, without breaking for sleep, of the collected works of Friedrich Hayek. If those measures don’t work, just sit quietly in the corner until the hallucinations let up a little.

    • OB

      This part of O’s speech was overlooked: “We knew this was going to take time because we’ve got this big, messy, tough democracy.” Cloward-Piven or just basic Lenin/Stalin? Globalist is right about The Plan. What are we going to do about that?

    • BarbaraS

      Soylent Green is people!!!

    • Vagabond

      what are you? a brain dead liberal democrat? or just another IDIOT/

    • GeorgeS

      “The dustbin of history.” Shall I repeat? “The dustbin of history”, says the troll. Don’t get too exercised folks, pretty sure this is the same guy who posts under La Raza on immigration related articles, uses the same phrasing and likes to repeat himself.

      • Karla

        I think you nailed it, George. Sounds (smells?) like La Raza to me, too.

    • constitutionalist

      ROFL. Your lie of a world will soon explode with the return of Jesus. When you are wriggling about in the Lake of Fire in utter torment, we will see how arrogant you are then. Magogist idiot.

    • Betina

      Hey Folks – looks like the guy from La Raza has decided to become a globalist for this latest foray into trollville. Yawn. Here’s a bumper sticker for Obama in 2012. Grab it before I have it copyrighted: NO HOPE IN DOPE.

      • clay b

        Or, how about “The buck stops with Obama but he was too busy golfing to notice.”

    • RebeccaH

      It is to giggle. People, you are missing the point.

      The proper answer to this (and I do think it’s Swiftian satire) is: We have always/never been at war with Oceania.

    • myth buster

      I am a Christian and an American. Those are my allegiances as long as there is breath in this mortal body. I am not, never have been, and never shall be, a global citizen! Get that through your thick head!

      While you seek my destruction, my rallying cry is, “Fallen is Babylon the Great!” You have already lost! Even though you will have your day in the limelight, you have already lost! You lost 1900 years ago when your destruction was decreed, so I can say as confidently as though it has already happened, “Fallen is Babylon the Great!”

    • Bite my globalist backside

      Ah, love it when mama’s basement dwellers come out and publish their delusional mini-manifestos. This is a joke, right?

      What Obama, Pelosi, and Reid have done, among their obvious disastrous spending and policies, is sear into the public’s collective mind the reminder of why liberal/progressives can’t be trusted with the checkbook. So, hopefully, this will represent the beginning of a long absence of their ilk from anything that even remotely resembles a majority position in our government.

    • Jerry

      What are you, 14? You just sound pompous and silly.

  2. 2. Jack in Silver Spring

    Should 0 follow your prescription we would indeed have the daffy Biden, and then the Democrat Party mantra would be: give him a chance, give him another four years. No, let 0 stay in office until the bitterest of ends, and then he can find new digs on January 20, 2013.

    • Koblog

      I, for one, welcome our new Biden overlord. It would be the most entertaining year in American history.

      Look, they keep Joe tied up and gagged in the basement as it is for fear of him opening his mouth (same with 0, but the teleprompter supplies the puppetmaster’s words for him to mouth).

      Biden Unplugged would be hilarious!

      Late night comedians would finally have a target, their pent-up need for mocking the President would be unleashed without mercy, the Democrats would be laughed out of office and we could get on with it.

    • TwoForOneDeal

      If Joe decided to simultaneously toss in the towel then Boehner would become POTUS. It wouldn’t be ideal, but it would be an interesting start to the rollback of Leviathan. Looking at the stock market it makes one wonder what exactly would be a truly bullish move? I am saddened that the powers that be can’t seem to figure out that we need to cut a trillion a year in spending not a trillion in ten years, which to my mind is not even a cut at all! With the market distortion and misdirection caused by the bogus stimulus we are headed for not just the lost decade experienced by Japan, but for the insane class envy, greed, fear, and Frances Piven approved violence we are seeing in Greece.

      I’m fear that 2012 is just too darn far away.

    • Vagabond

      obama and michelle are going to have it awfull rough getting used to doing without Air Force one and two to gad about the world in not to mention another plane to haul the dog in. even with the big pension he will draw for four years of bankrupting this country, I sure am going to feal soooo sorry for them. NOT,

      • Cybergeezer

        That’s right! The DOG!
        Where’s the dog? Run away from the White House already? Wouldn’t be hard to get a dupe that looked just as dumb.

      • daxypoo

        the obama’s and their cohorts will be fine

        i’m sure there will be hundreds of billions (if not a few trillion)that will be unaccounted for to fluff up obama’s stash when it is all said and done

  3. Should Obama resign? Yes! The sooner the better.

    letsmakeobamaresign.blogspot.com

  4. 4. Warren Bonesteel

    Remember, Roger, the Republican proposals weren’t a solution. Their plans were also kicking the can down the road. We need to cut a trillion dollars per year from current federal spending levels to even have a chance. Neither party is giving us that chance. Proposals from both parties were – and are now – spending nearly a trillion dollars per year above and beyond present fderal spending levels.

    I don’t like Obama, but a 500 point drop in the DOW isn’t going to get rid of him.

    It’s time to quit dreaming, wake up and smell the coffee.

    • ETAB

      You are ignoring that this whole debt crisis was a created crisis by the Obama Gang to destroy the Tea Party.

      The agenda was to set the economy into default, yes, default, and blame the crisis on the ‘Stubborn and Radical Tea Party’. After all, this debt ceiling could have been dealt with by the Democrats over a year ago, before Nov 2010; they didn’t. It could have been dealt with in the Nov-Dec lame duck session; they didn’t.
      Instead, the Democrats deliberately did nothing and then, began a campaign of delays and rejection. Rejected Ryan’s budget, rejected Cut,Cap and Balance with Obama threating a veto; rejected Boehner’s plan.

      Then, the deliberate and malicious and false fear-mongering, with Obama suggesting (sigh) that social security checks wouldn’t be sent out, Medicare wouldn’t be paid (deep sigh)..all due to the Evil Tea Party who refused to go along with His Wishes.

      The GOP/TP had to agree to a ‘solution’ to prevent Obama deliberately allowing default, and thus, enable the TP and the GOP to continue the fight.

      • T. T. Thomas

        ["The agenda was to set the economy into default, yes, default, and blame the crisis on the ‘Stubborn and Radical Tea Party’."]

        Where’s your facts to support such a claim?

        Nobody has to ‘set up’ the Tea Party Zealots as scapegoats or fallguys! They set themselves up!

        • Robert of Ottawa

          I understood the “default/debt crisis” was played up by Obama to force a Repub congress to accept tax rises – and, of course, the spending would continue. The Dem’s goal, in their current far-left guisse, is to expand the state to European socialist levels i.e. 45% of the economy.

          In Canada, we have a federal government that uses the “debt problem” to reduce the state to more reasonable levels. 770 positions to be closed in Environment Canada alone (That’s Canada-speak for EPA).

          • T. T. Thomas

            Actually, the president put on the table a propsal of 3:1 spending cuts and enhanced ‘revenue’ from the current tax “rate” by reducing tax ‘adjustments’ for some of the more wealthy. Three (3) trillion in spending cuts and one (1) trillion in enhanced tax revenues. The TeaParty-GOP rejected that offer on it’s face and of course you know what the ultimate conclusion was.

            Thanks for a mature response!

        • Darfur Deng

          Two years with absolute voting control in both houses of Congress, and not a single attempt to pass a budget. PROOF!

          If the Liberal Nazis had merely done their jobs, the Debt Ceiling would have been raised twice before the True American Patriots arrived in DC. Why didn’t they, because they new precisely what they were doing. PROOF!

          There was never a threat of a default, the Debt Ceiling was merely a smokescreen to bring in the “Super Congress” Dictatorship by joint effort on the part of both the Liberal Nazis & Conservative Fascist Fundamentalist.
          It was the Republican leadership that inserted the “Super Congress” requirement. PROOF!

          USA launches another wave of crisis
          18.07.2011

          “Bank of Russia Alexei Ulyukayev said that the Central Bank does not fear that the U.S. will declare a technical default on its obligations. “We are not concerned. First of all, I think it is impossible. Second, a technical default as such does not lead to a fundamental impact on the value of the securities and their yields. It will cause some minor fluctuations, but will not lead to fundamental consequences,” Pravda PROOF!

          Head of Sberbank German Gref does not allow for the possibility of technical default in the U.S. “I don’t even allow a possibility of the U.S. default. If this happens, it will have catastrophic consequences for the global financial system”. Just two of dozens…the only people who bought into this fabrication are the dumbed down Obama Zombie Koolie Slaves. PROOF!

          Unless you still think that the Democratic and Republican Parties are anything but the same you’ll never catch on.

          Why else would any opposing group give the party occupying the White House the tie breaker, therefore absolute power; if they were truly opposed? Answer, they would not unless they were acting as one as usual when it comes to what matters to those which control them both.

          Government Controlled Market Manipulation: What you are witnessing is a rally engineered by our government. If you watch the tape and you can read it you can see exactly what they are doing, and how they are doing it. Yes, it is legal under an Executive Order singed by President Ronald Reagan in the aftermath of the October 19th, 1997 collapse of the stock market. It was named the “Working Group on Financial Markets” and was to be used for such emergencies. Unfortunately, like many things in government, the mission of the “Plunge Protection Team” has been distorted. For over the last more than ten years it has been used to manipulate markets 24/7. Thus, what you are witnessing is a sucker rally, which has little hope of lasting.” globalresearch.ca – Mark Chapman -

          “America is in a depression not a severe recession. If it were not, why would the Fed and our Treasury Department commit us for $23.7 trillion, and why would our entire financial industry have to be bailed out? Along with this fiat solution comes the political goals of corporatist fascism. Taken away have been the natural solution of growth within the private sector and the purging of excesses within the system.”
          http://www.globalresearch.ca/index.php?context=va&aid=14918

          Unless you were sleeping, the Republican Party has attempted at every turn to denounce and discredit the Tea Party and this was merely a purely fabricated act by both to demean them.

          However, that is already blowing up in their faces. There can only be one party for the FED Powers to run their scam, and that is the Democratic Republican facade, and those pesky Patriots are messing up their grand design. Wake-Up!

          • T. T. Thomas

            [“Two years with absolute voting control in both houses of Congress, and not a single attempt to pass a budget. PROOF!”]

            Where in the constitution does it say the congress shall pass budget legislation?

            [“…the Debt Ceiling would have been raised twice before the True American Patriots arrived in DC.”]

            Subjective speculation!

            [“There was never a threat of a default, the Debt Ceiling…”]

            Subjective speculation!

            [“Bank of Russia Alexei Ulyukayev said…” “Head of Sberbank German Gref does not allow…”]

            Of course not! Only the U.S. has the provisions to print more currency!

            [“Plunge Protection Team” has been distorted. For over the last more than ten years it has been used to manipulate markets 24/7. Thus, what you are witnessing is a sucker rally, which has little hope of lasting.” globalresearch.ca – Mark Chapman “]

            Subjective speculation!

            [“America is in a depression not a severe recession. If it were not, why would the Fed and our Treasury…”]

            A statement of fact called to question by the same fact finder? Okay!

        • Vagabond

          well it looks like good old tt has been in the kool aid much too long, set it down tt,

  5. 5. Washington76

    Fabian Socialist George Bernard Shaw Praises Mussolini, other dictators

    http://www.youtube.com/watch?v=m0fHMljbvLE

  6. Everyone must do their part until the election. For me it’s ridicule something I enjoy doing and people seem to enjoy watching.

    Don’t hold back. Give him everything you’ve got and more. Has PJM done a story on Cashill’s expose? Do it.

    Everyday I find things to ridicule the guy about, his use of eyeliner, his ever-changing shades of grey hair, his effeminate walk, his disrespect of the Oval Office and over all pathological narcissism.

    He just makes it easy for me. I try to do with humor, but, frankly, I hate the guy.

    • Barza

      And his use of the Situation Room as a sitting room some visitors from the entertainment industry.

      Hopelessly over his head. Very funny. Even more scary.

    • Menachem Ben Yakov

      Granny, i find it interesting that you mentioned his walk. In fact I have found that different countries have different walking ” styles “. Not a scientific study of course just my own experience. Obama and Eric Holder bot have the same walk. Slight hunch, hands held at sides, palms turned backward. What I call the ” Saudi walk”. Think I’m kidding? Plenty of video to compare.

    • hmm

      Gee, Granny. If you think Obama’s walk is effeminate, how do you feel about
      Michelle Bachman’s hubby who comes off like a raging queen? Does THAT bother
      you?

    • metazai

      And that’s it in a nutshell, Granny Jan. When the President does something you disagree with, you call him a liberal wacko. When the President disappoints the left-wing members of his own party and makes a deal that largely favors the other side, you still hate him. You hate him. Thanks for being so direct and honest, unlike so many others who veil their hatred in ever-increasing dissonance and noise.

      President Obama is not perfect by any means, and I myself have disagreed with many of his actions and decisions, but hatred of the man blinds so many of his opponents to the damage they are doing to this country. As a country, we almost defaulted due to some people’s hatred of this man. That hurts us all, and far beyond 2012.

      When elected officials are going on record as saying their every goal and action as members of Congress are to make sure the President does not get reelected, that comes from placing hate over common sense, and personal agenda over the good of the country. That is far worse for the United States than any policy any president could enact.

      Have you ever tried simply disagreeing with him? Allowing yourself to understand that personal hatred is the type of emotional response that human history shows will only lead to bad decisions? Or is it so important for you to hate?

  7. 7. proreason

    Obama is not a failure by a long shot.

    Mr. Simon, you are measuring him by the standards of 95% of the American public, not the standards he has ruled by.

    By his standards, he is an astonishing success. Far moreso than he could have possibly expected.
    - the country is more divided along more fault lines than at any time in history
    - he has enacted two bills that are the death knell of capitalism, obamacare and the financial destruction bill
    - he has literally spent the country to the brink of economic meltdown
    - he has sprinkled his supporters with 890 billion dollars of cash
    - he has heaped regulation on regulation that, all by themselves, would destroy capitalism in less than a decade
    - he has destroyed our alliances with Israel and England
    - he has paved the way for terrorists to take over Egypt, another ally
    - he has provided 4 more years for Iran to develop nuclear weapons
    - he has delayed US energy development for another 3 years
    - he has created an EPA that has its tentacles around the throats of the middle class
    - he has delayed border security for another 4 years
    - he has placed two hard-core idealogue allies on the Supreme Court
    - he has mega-inflation waiting in the wings as his relief pitcher
    - much of this will be extremely difficult or impossible to unravel
    - and he has had a damned good time doing it, thankyewverymuch

    • stinkprogress

      you forgot;
      supplied countless weapons to drug cartels and criminal gangs along our border

    • white tiger

      And he has murdered a couple of million babies and promoted sodomy on a grand scale.

    • Matt

      But remember who put him there–the American people, by a fairly large margin. Some will try to blame the media for covering up his mistakes, but I don’t buy that. There are so many news sources nowadays that if you simply choose to look you can easily see all sides. Americans wanted him, and they got him.

      I think his presidency might actually be good for the Republic because he could be the last gasp of the leftists. The American people might actually recognize the total failure of leftist ideologies…I hope future generations will “feel it in their bones.”

    • Anonymous

      Yes, for America-haters and/or Cloward-Piven fans, he hasn’t done enough.

  8. Globalist,

    There’s a platoon of shrinks waiting for you in Vienna.

    • Terry Gain

      Unless Globalist works for the MSNBC or the NYT, I think he’s being satirical.

  9. 9. chambers

    Well the markets have been signalling for weeks that investors wanted REAL spending cuts and REAL debt reduction. They didn’t get them and this is the result. Real, live, grown-up adults can see that the “debt deal” is just a kick-the-can-down-the-road piece of political fiction and are acting predictably.

    I’m a rock-ribbed Republican (and those rocks hurt too) but a lot of the GOP is living in the same la-la land as are ALL of the Democrats, particularly those in the Obama administration. It’s like they are living in some parallel universe where everything is what you say it is and reality doesn’t matter. Now the Prez is going on a bus tour to “reconnect with the people.” He shouldn’t have to do that – He should be connected already! That’s what all those advisors and staffers and state-of-the-art communications devices are suppose to do. What the hell is going to be accomplished by carefully stage-managed “town meetings” except to raise campaign cash and provide windy sound-bites for MSNBC?

    Despair is an awful thing. It does nobody any good and some argue it is a mortal sin. But what other reaction is possible after what we have seen from the President over the last month and with the prospect of at least another year-and-a-half of it? Will there be anything left?

    • klp90069

      I have been an optimist my entire life. “Will there be anything left?” you ask.

      No. Nothing. No defense budget. Third World health care.
      An EPA run amok. A government run amok.

      I won’t live to see an America I recognize and I’m not that old.

      The damage is that bad.

    • Terrye

      I think there is more to this than just our economic problems..there are serious problems in Europe as well. People might not think that the debt deal went far enough, but if it had been left up to Obama and the Democrats there would have been tax hikes and more spending, not less.

      I am not sure what comes next at this point.

      • T. T. Thomas

        Globally…..except for China and the Arab League, they are waiting for the U.S. to find some direction out of its dung pile. Not so much, because they give a hoot about the U.S. as a nation of peoples but rather, they give a hoot about the USD as the worlds principle currency. The domestic and global stock markets is in many degree’s a barameter of ‘confidence’ especially, in the U.S. government and economic fiscal health.

        I would invite folks to take a look at the economic recovery data from 2009 to the 2010 election and from January 2011 to the present date. However miscule, to some degree, the trend was leaning toward the positive side. Since 2011….well, folks can look and see for themselves.

        Neither party nor their special interest components and follwers are about solving any of the nations real core problems. It’s all about politics! Thats what the global markets are rebelling against! Thats all our government has been consumed with since 2000.

        The Tea Party came around and demanded to drive the bus and command the national debate on ‘political’ ideology. The democrats have willingly let them drive the bus and consume the national debates. In the mean time, the government has become completely dysfuntional since January 2011 to date…and its now taking an additional toll on the nations economy and ever increasing jobs losses.

        The ‘now rhetoric’ of the Tea Party is that they had to cave to the democrats lest the President send the nations debt into default. What a crock! It was the Tea Party zealots who were so boldly demanding no release of the debt cap to force the nation into default position…then of course it changed to freeze the cap and pay only the interest on the debt, military payroll and prepardness along with their most hated social programs social security and Medicare. Point of fact. All their big tough ‘political rhetoric’ vacillates like the prairie winds….never comprehensive and viable solutions for the economy and jobs other then the superficial politcal rhetoric of less taxes and less regulations.

        So the markets around the world rebel!

  10. 10. Deb

    Love the backwards HOPE poster. The meme developing is that Baby Cakes will be beaten in a landslide. That’s good enough for me. Cleanest way to get rid of him. No controversy there. Except the other side will always claim either racism, Tea Party terrorism/racism, White Supremists terrorism/racism, blah, blah, blah……waaaaaah, waaaaaaah, waaaaaaaah.

    • Delia

      I’m just going to wear a t-shirt printed with the word, “RAAAAAAAAAAACIST!”

    • jsallison

      Aren’t the ones screeching about tea party terrorism now pretty much the very same ones apologizing for islamist murderers saying ‘one man’s terrorist is another man’s freedom fighter’? Make the sorry bastages own it.

  11. 11. ErikZ

    March, 2009. Dow falls 79.89 to close at 6,547.05, down 53.78% from the all time high on Oct 9, 2007, down 25.37% from the 2009 open.

    • Dude

      Hate to be the one to inform you, but most of that crash was due to policies that came to fruition at the end of the Bush era… Until 3 weeks ago, the market had doubled since March ’09.

  12. 12. Gloria Tucci

    Should Obama resign? Is the Pope Catholic?

    • Actually, the correct phrase would be:
      “Is a Bear Catholic? Does The Pope s**t in the woods?”

      /Steve_Martin

  13. 13. bbbeard

    In re LBJ, technically speaking, didn’t he decline a third term? His first term started on 22 Nov 1963….

  14. 14. JED

    I tend to think of this “market correction” as the world wide web’s report card on the failed economic policies of the last 2.5 years, the pork laden politics of at least the last 50 years, and the death rattles of FDR’s great Ponzi scheme. The world market cast its opinion on the debt/gdp=100% failure of Washington to control spending before their 5 week recess.
    It is possible to have a world wide economic collapse when all fiat money loses all basis of full faith and credit. Until then, we have not been beaten, only more highly informed of the degenerative spiral of losing the constitutional path.

    • Dana

      Yes, I think this is a collective case of people finally whispering out loud that the Emperor has no clothes, and the Emperor isn’t just Barack Obama, but also the entire liberal socioeconomic experiment of the past few decades that he represents.

  15. 15. Bruno Strozek

    Here’s hoping this becomes the new “R” word.

    Heh.

  16. 16. Tex Taylor

    Hoax and Chains Baby! And Jolting Joe’s a member of the “cracked head club.”

    If this pair of stooges leading the pack weren’t so pathetically lame and stupid to be dangerous, and I didn’t have kids of my own, I could almost find this last three years great humor. The religion of progressive politics lay in ruins, and their false messiah exposed as a teleprompting fraud made of smoke.

    I’m just wondering what the end game is, because it will take years to undue the damage these useful idiots have foisted upon an ignorant American public.

  17. 17. Chris

    Touche, Mr. Simon. Your description of the unbelieveble lightness of Barack Hussein Obama is sad and depressing and frustrating and so very true. Obama is truly nothing more than an overgrown liberal child, pampered by his handlers and enablers his whole life, and without even the ability to recognize what a total failure his progressive nonsense has wrought. He truly doesn’t get it and I feel sure, never will get it.

    What may save us is the growing frustration of the American people. At a certain point, even the lap-dog MSM will no longer have the ability to polish the giant turds dumped on the US by Obummer and his liberal cohorts. At a certain point it just becomes a bad parody. Things won’t get better until Obama and his ilk are out of power, no matter how much the lib talkers say otherwise. People are finally catching on. I can describe Obama with one word: bad
    (and I don’t mean that in the Michael Jackson sense)

  18. 18. Marc Malone

    “A big part of me wishes that Barack Obama would just resign now, but I have no interest in giving even the slightest breath to “liberal” policies.”

    His resigning will not give respite to liberalism. Biden would not be re-elected. The economy would still stink, because the Departments would still be strangling it. If Obama AND his Cabinet were to all resign, then the economy would turn around, which would still demonstrate what is wrong with liberals.

    The Dems could try to take credit for the turnaround, but when ads run showing that the turnaround started the day after O and Co. resigned, it will be a tough case to make.

    Moot point, anyway. The Narcissist will not resign. It would be admitting it’s his fault. Not happening.

  19. 19. ETAB

    Obama never, ever, accepts responsibility for any problem.

    He’s currently blaming, of course, Bush – and also, the Japanese Tsunami, the weather elsewhere, the European problems, the….You name it – and Obama will pin the blame on something and someone else.

    Meanwhile, he’s off barbecuing, fundraising and having a grand old time. Oh, but he does give speeches from time to time that ‘we must all get along’ — and then openly insults Paul Ryan sitting in front of him..and does not rebuke his gang from calling the Tea Party ‘terrorists’.

    And he’s malicious; he likes to create conflict, like to set up groups as adversaries, likes to belittle individuals…all of this makes him feel powerful. So – this will continue.

    • LGoPs

      And he’s malicious; he likes to create conflict, like to set up groups as adversaries, likes to belittle individuals…all of this makes him feel powerful. So – this will continue.

      Which is the precise definition of a community organizer. Considering that being a community organizer is the only real experience the man has had, it should be no surprise that it is his favored – and only – tactic. And damn the 52% that said those credentials were good enough for them. I will never forgive them.

    • T. T. Thomas

      ["And he’s malicious; he likes to create conflict, like to set up groups as adversaries, likes to belittle individuals…all of this makes him feel powerful. So – this will continue."]

      Sounds exactly like the MO and clinical disease of one ETAB and so many more Tea Party zealots on here!

      Thanks for the reminder!

      • your_shoe_is_untied

        Subjective speculation!

        You cretinous buffoon.

  20. I’m no fan of Obama, and what he is doing does is not helping the economy or the stock market. However stocks are still overvalued – fair value on the S&P 500 is 900 or so per market maven Jeremy Grantham.

    We are witnessing the deflating of yet another central bank created asset bubble. Bernanke (appointed by Bush – reappointed by Obama) is culpable here.

    Anyway – there may be a long way to fall yet.

  21. 21. Henry Bowman

    I agree with #7 (proreason). I think Obama is deliberately trying to destroy the country. And, he has made good progress.

  22. 22. Richard

    Unintentionally, and thanks in great part to incompetence and inexperience, Obama is doing to American liberalism (or whatever it is that they call their redistributionist collectivism nowadays) what Reagan did to communism in Russia.

  23. 23. davelnaf

    So true; Bam will destroy the Democratic Party long before he destroys the American economy. He no longer has the time to destroy the latter and he probably knows it now. But on he goes like the limited leftwing academic he is at heart.

    What do Democrats in Congress think is going to be the likely outcome of more Obama over the next sixteen months? And if they are thinking along these lines will they revolt against him to save their political skins? They have every reason to at this point. The year of the democalypse is drawing closer.

  24. Obama resign? Why do that when he sees his plans bearing such beautifully ripe fruit? The Democrats have sold America “short” on the international market.
    This is the Democrat Master Plan. They have invested in the destruction of America. They’re partying hard in Chicago this weekend.
    Congress has invented a type of criminal worse than child molesters, terrorists, serial killers. They are performing “ethnic cleansing” of Conservative Americans from their fortress of the Capitol Building.

  25. 25. Toby

    If he were a CEO, an Eliot Spitzer would have indicted him by now.

    • See, this here is exactly the problem. Obama IS in fact a Chief Executive Officer–of the federal government of the United States. Or, at least, that is the job he currently holds. One which, by his performance in the position, he has proven that he is manifestly unfit to hold.

      If the Board of Directors don’t remove him for mal- and misfeasance before then, the stockholders quite likely will, during the next quadrennial meeting.

      • Toby

        Chief of the Executive does not mean CEO. I agree with the analogy that R Simon and you are using, though, but it’s just that, an imperfect analogy.

  26. 26. Roughcoat

    Obama doesn’t want to destroy the country; he wants to refashion it. To me, that’s distinction without a difference: his refashioning is my destruction. If the country is changed in the way Obama wants, my country is destroyed. Probably Obama thinks–well, actually, I don’t have any idea what he thinks. I used to give him the benefit of doubt: that he actually thought he was changing things for the good. But it’s hard to believe that Obama can still cling to the notion that he’s on the right track in light of what has transpired during his presidency. Is it really possible that he is blinded by arrogance and narcissism? Or he are his intentions truly malevolent?

    • proreason

      If everything that a friend did for 2 1/2 years harmed his family; if his children were at each other’s throat, if his income had plumetted and his debt sky-rocketed, if his family members had moved strongly from supporting him to criticizing him, if even his friends complained that he was out of ideas, if you could trace his decisions one by one and every single one of them contributed to the destructionn of his family, but on a personal level he was still a wild and crazy fun-loving guy…would you say that he was just unlucky or getting bad advice, or would you say that he seemed to be acting deliberately.

      • Ted Kennedy's Ghost

        proreason

        “If everything that a friend did for 2 1/2 years harmed his family; if his children were at each other’s throat, if his income had plumetted and his debt sky-rocketed, if his family members had moved strongly from supporting him to criticizing him, if even his friends complained that he was out of ideas, . . .

        I would call him “Charlie Sheen”!

        You are a Genius! New Meme: Obama = Charlie Sheen of Liberal/Lefty?Democrat Ideology!

    • SukieTawdry

      Obama doesn’t want to destroy the country; he wants to refashion it.

      Agreed. He was more than clear about that during his campaign. But in order to “refashion” America, he’s finding it necessary to first destroy many of its underpinnings. He’s discovering it’s not as easy as he thought it would be because we’ve got this big, messy, tough democracy. After all, he’s been handed whatever he’s wanted all his life just for the wanting (no, I don’t get it either). I’m sure he finds this all quite confusing.

    • bobbcat

      “Is it really possible that he is blinded by arrogance and narcissism? Or he are his intentions truly malevolent?”

      Does it really matter? The end result of his horrid policies is the same: The undermining of our country’s private sector along with the trashing of the US economy.

  27. If our Incompetent in Chief just hung around like a mushroom in the White House, and kept repeating;

    “Heh; Yeah I know how bad it is! It’s worse than I thought!”

    for the next 16 months, he’s get re-elected.
    Pathetic, isn’t it?
    And how many people reading and posting here have been predicting what a disaster this dunce would be since 2005?
    I, for one.

  28. 28. thought_criminal

    Simon writes: “A Cloward-Piven strategy could not be successful in only four years.”

    The Cloward-Piven groundwork has been laid down rather quietly over the past 40 years hasn’t it? The left’s “long march through the institutions”? Obama’s four year tenure is simply Gallagher smashing the watermelon.

    • Dr. Scott

      Dear Sir/Madam,
      I find the Gallagher reference in poor taste…Gallagher used to be pretty damned funny, and few people have reason to fault him.

      • thought_criminal

        Dr. Scott, you make a good point. This guy did not mean to intone that Gallagher was like Obama, only that we are like the watermelon. I do enjoy his (Gallagher’s) hijinks from time to time. Obama’s? Not so much.

  29. 29. BriereBear

    Why? I thought John Boehner and Mitch McConnell said the Republicans got 98 percent of what they wanted? You folks have short memories? Mr. Boehner, WHERE ARE THE DAMN JOBS YOU AND YOUR DAMN PARTY PROMISED???

  30. 30. Claude Hopper

    No, he should stay for the next 18 months. We need him around to make sure the house R majority grows, the senate shifts strongly to R and the white house goes R as well.

  31. 31. b

    ” When I said ‘change we can believe in’ I didn’t say ‘change we can believe in tomorrow.’ Not change we can believe in next week…”

    Yeah, it’s not like he was talking about Libya or anything…

  32. 32. mezzrow

    I cannot put this voice to rest in my head that tells me we will see some sort of “event” domestically soon. This “event” will manifest itself as some kind of attack on the President that will divert attention from our current economic obsession and paint Barack Obama as a victim of hate. It will be a false flag operation of which he at some level will be aware, but it will eventually leak and fail. I don’t know how, I don’t know where, I don’t know when, but this is what this voice is telling me. You’d think I was in Cassadaga, but I must give voice to these thoughts at this time. I think it’s just wacky, too, and the only thing I’ve been smoking lately is meat.

    It is what they are currently reduced to. It will be their undoing, for good.

    • ahem

      I kinda agree. His job is only half finished; he won’t leave quietly. He’s inherently a dictator.

    • bobbcat

      Frankly, I am rather surprised something has not happened already. It is very difficult for me to believe that there are not either individuals or groups who are very hard at work looking for a way to end Obama’s career rather abruptly.

  33. 33. Buck O'Fama

    Sounds good to me.

  34. 34. cthuhu

    If he’d had any honesty or integrity, he wouldn’t have been able to utter the Oath of Office in the first place.

  35. 35. Dana

    I think this drop in the Dow is multifactorial, and the astute commenters have pretty much covered all the big points- default in the Euro zone, debt hitting 100% of GDP, the budget deal that didn’t cut spending, poor consumer confidence, the jobs reports, an incredibly hostile regulatory environment for business. It’s a perfect storm, but honestly, if we had a decent captain at the helm the US could weather all of this. Unfortunately, we don’t. In the past few weeks, the world has come to realize it’s Gilligan at the wheel- actually not even that because at least Gilligan had good intentions when he screwed up. I don’t think Obama ever had any other intentions besides being President. He’s not even a good liberal- that ideology was just a means to an end, a way he could exploit his background. He believes in nothing but his own superiority and entitlement to the highest office in the land.

    I predict the Dow will shoot up a thousand points on the first Wednesday in November, 2012. Until then, it will be one hell of a ride. But we will have witnessed the death of liberalism and its destructive economic policies, policies that have shredded the very fabric of our country and wreaked havoc on its most vulnerable citizens- via the very best of intentions, of course. Because as my (and I suspect your) mama said, “The way to hell is paved with good intentions.”
    And we’re just about there.

    The climb out will be steep- but climb out we will. We’re out of money now and when there’s no wealth to redistribute, wealth redistribution stops, and with it all the moral hazards engendered by it. Paul Ryan is correct when he says that fiscal and social conservatism are inseparable. I must admit I’m not above getting a little satisfaction out of the shrieking coming from the left, which is only going to increase over the next decade or so as they realize their little socioeconomic experiment has failed. Reality bites, and bites hurt.

    • ETAB

      Nice post; I agree with you about Obama.

      The Dow will only shoot up in Nov 2012 if Obama is not re-elected.

      • Dana

        Thanks.
        Yes, my optimism is pretty much contingent on his defeat. I just have to believe that will happen. What bothers me about the alternative isn’t only that he’d usher in an irreversible decline of America, but that we Americans would have voted him in- which would either indicate we accepted the inevitability of that decline or allowed ourselves to be fooled by Obama yet again. In either case there wouldn’t be much hope for the US in the long run, anyway. If I wake up on the first Wednesday of November in 2012 and find Republicans failed to win the Presidency, it would signify a great deal more was lost than just the election.

      • SMeloche

        Found it interesting hearing the news coverage – they kept saying “worst drop since December 2008″. Hmmm, what had just happened then? Oh yeah, Hope and change were on the way! It is impossible to say just how important 2012 will be for this country (and the world).

  36. 36. Greg F

    We may even be in a full-scale Depression or close to it.

    May? When the solution to the economic crisis was to print money that should have been a fairly big clue that the powers that be are idiots. We were heading toward a cliff and the solution was to step on the gas pedal. The problem is they still don’t have the common sense to take their foot off the gas.

    • Menachem Ben Yakov

      Last night on NBC evening news the newsreader reported 25% of the State of Alabama is on food stamps.

  37. 37. Capitalist Running Dog

    proreason is correct. Obama is following the methods of his hero, Mao Tse-Tung, and has realized that the media, press, and academy will serve as his Red Army.

  38. 38. darcy

    Who cares if he resigns? The Republican Party would just pick up where Obama left off. Remember Reagan’s oft-quoted statement: “I didn’t leave the Democrat Party, it left me.”

    Let me be the first to say: The Republican Party left me — to pursue power sharing with their buddies across the aisle. Hell is too good a punishment for them.

    • Cybergeezer

      Try the TEA Party.

    • sinz54

      Times are changing.

      The Tea Party has forced the GOP to at least consider a return to their principles.

  39. 39. ari

    I was talking to a guy who says things to Democrats, and then they say them to the press…..He said “First, we say we’re bankrupt. Then, we fire all the air-traffic controllers. We call all the federalized farm loans. We call all the student loans. We don’t pay the military. We don’t pay Social Security. We don’t write checks for highway construction or repair. When people start to complain, we say “Hey, we cut the budget, just like you asked. Why are you complaining?”

    It was one of the most chilling statements I have ever heard in my life.

    I am going to vote for the person who cuts every last single non – essential government entity, and then downgrades as much else as possible, so that we never get gangstered like that threat again. So that the government is fiscally sane, super-small, and no threat to anyone’s livelihood.

  40. 40. Menachem Ben Yakov

    Roger, for such an intelligent guy I am shocked you have made such a basic mistake.

    It’s not, ” Change you can believe in.”

    It’s, ” Change, you can believe in. ”

    Because you can kiss your folding money goodbye.

    Get it? I’m sure your do.

    MBY

  41. 41. Terry Gain

    I think Obama is doing as well as can be expected. For a socialist-community organizer.

  42. I will link to this from my Old Jarhead blog. But Obama resign? And make Biden president? Dear God… I wish I was sure the country could come back. But every day we drift closer to fiscal collapse, followed by social collapse. I think Greek-style entitlement riots inevitable and bloodshed very likely.

    Robert A. Hall
    Author: The Coming Collapse of the American Republic
    (All royalties go to a charity to help wounded veterans)

  43. 43. Linda Rivera

    An inferior health care plan that no one wants and CANNOT afford to pay. The threat to jail and/or fine those who don’t purchase the government enforced plan.

    Massive spending as if there is no tomorrow. Fighting wars we have no money for. Massive borrowing. The Massive giving away of Billions of dollars every year to other countries, including the oil-wealthy Middle East, Hamas-controlled Gaza and the Palestinian Authority organization who fill their war chests, build mansions and laugh all the way to the bank with free infidel money. Whilst in America, homeless shelters are filled to capacity; tent cities have sprung up all over the U.S. filled with desperate, jobless, homeless, NEGLECTED Americans.

    Massive debt. The massive printing of paper money out of thin air to DELIBERATELY create out-of-control inflation. There is no question that the total DESTRUCTION of America’s economy is planned. The results will be horrifying. In the once wealthy and great nation of America, millions of Americans will become destitute, hungry and homeless with no money or resources to help them.

  44. 44. Linda Rivera

    Our country is now in a VERY frightening state. To save our nation, resigning would be the patriotic thing to do.

    Organic, non-gmo avocado, fruit and nut trees and berries must be planted in all of our nation’s cities’ and towns’ parks to help the many millions of Americans who will soon be in a desperate struggle to survive.

    Watch it. And weep for our great nation and people:

    FALL Of The Republic – The Presidency Of Barack H Obama – The Full Movie HQ
    http://www.youtube.com/watch?v=F8LPNRI_6T8&feature=player_embedded

    • Menachem Ben Yakov

      Linda, Why should he resign when he is having such a good time?

      ” 56% of families that usually take a summer vacation cannot afford to this year and will be taking “staycations” at home. Meanwhile, The White House has announced that the Obama family will again head to Martha’s Vineyard with an entourage of over 200 people (including security, cooks, butlers, staff, etc.), requiring half a dozen Air Force and Marine Corps aircraft, to stay at a $50,000/week mansion that will cost over $1,000,000/week in your tax money all told ”

      from the Drudge Report

      • Linda Rivera

        Another vacation? This is truly in America’s face. It’s been constant vacations to other countries, constant parties and constant golfing.

        Remember, at the Christmas season, Obama started to give a press conference. Obama then turned the press conference over to ex President Clinton to continue the press conference. Obama said he had to go because he could not keep the First Lady waiting as he had a party to go to. G-D help America.

  45. 45. LeighB

    Should Obama resign? Well, I hope he doesn’t. His concession speech in 2012 is going to be must see TV. Don’t care if he has a million, zillion excuses and blames everyone else. Just want to see him look into the ‘prompter and read the words.

    Unlike Obama, I believe in American exceptionalism and I’m optimistic about Americans. We have every right to be proud of our strengths and bow to no one. We are going to have to work hard to get ourselves out of this spending glut. Rubio is right, we need more taxpayers. We need jobs. We need more people working. Fully employed, not underemployed.

    I understand why businesses are reluctant to hire in an environment when the rules keep changing and taxes are scheduled to rise dramatically to pay for ObamaCare, which needs to be repealed and replaced. I hope businesses also remember that there are many people who want to work and work hard. This time of standing still or taking a step back may be what fuels our recovery. A lot of people are starting to say they are optimistic that change will come after the next election. The malaise will be replaced with cautious optimism. The balance will be regained between tax payers and tax eaters, between the federal government and the states.

    Much of the country was “all in” for the Obama experiment of taking a hard left turn. He had whole networks cheering him on. And a party willing him to award him delegates he didn’t earn.

    It is important for the country to realize the need for a change and act on it by voting. Maybe next time we’ll get a little bit lucky too and choose someone who exceeds our expectations. On to November 2012.

  46. 46. Linda Rivera

    The New York Post: The US is headed towards a “very tragic and bad ending” unless Washington moves decisively to bring spending under control, Mayor Bloomberg warned today.

    The normally optimistic mayor turned unusually dark and gloomy in discussing the nation’s prospects during a press conference in Queens.” New York Post.

    It is not just Obama that should resign, it is the entire Obama administration. Without a drastic change now, America is indeed, headed for total destruction. G-D help America.

    Also, our representatives must demand the ceaseless, massive printing of paper money out of thin air is stopped now and stopped permanently. How could these ruthless people be so CRUEL as to deliberately create out of control inflation?

  47. 47. RaymondC

    I think in the end, the ultimate frustration is that Obama’s dogmatic views made him avoid one very thing that could have snapped us out of the recession in no time flat: _fix the economy-inhibiting income tax system_.

    Anyone who’s read up on the income tax code knows it’s too complex, costs too much money to comply with, discourages savings and investment (which drives jobs, factories, corporate headquarters and some estimate as much as US$14 TRILLION in American-owned liquid assets out of the country for tax avoidance purposes), and has become the most insidious form of corruption “inside the Beltway” as companies spend a fortune in lobbyists to get changes in the tax code to favor certain companies and the government uses the tax code to favor or punish almost any constituency.

    In 1996 Steve Forbes during his Presidential proposed a simple flat-rate income tax where the only tax loophole is an initial income exemption of $13,000 per adult in a two-adult household and $9,000 per child (e.g., a family of two adults and two children gets $44,000 of initial income exempted from taxation). We also eliminate the estate tax, alternate minimum tax, the marriage penalty, and most important of all now exclude bank account interest, capital gains and stock dividend payments from the tax. The result would be a tax code so simple that for almost every tax payer, the tax form would be not much more than a post card! :-) With such a simple tax form, that could mean potentially hundreds of billions of dollars freed up from being used for tax compliance to more productive uses. And with no more taxes on savings and investment, all those jobs, factories, corporate headquarters and most of that US$14 TRILLION in liquid assets return to the USA, providing a gigantic boost to the economy. With no more tax loopholes, the rich will HAVE to pay their fair share of taxes. And it would eliminate that insidious corruption of using the tax code for political purposes.

    So what are we waiting for?

  48. 48. SukieTawdry

    …I have no interest in giving even the slightest breath to “liberal” policies.They need to be extinguished, at the very least until society could even remotely afford them again.

    Oh God, Roger, no. A thousand times no. They always lead to this point. Always. They must be extinguished permanently.

  49. 49. Jacksonian Libertarian

    513 points, that sound you hear is of the US Government sucking up $238 Billion from the capital markets in only 1 day, ouch!

  50. 50. Citizen West

    Obama is in it to the bitter end. The two Davids – Axelrod and Plouffe – stand to earn a legal $100 million as long as they can get this nag across the finish line – win, place, show or also ran. That’s their share of the $1 billion Obama is raising for the 2012 campaign. It may seem like beating a dead horse, but there is method in the madness.

  51. 51. Iscariot

    Pushed out sounds like a coup. Remember when Colin Powell went to Haiti?: We’ve got missiles that can come right through that window!

  52. 52. Dawn

    Should he resign, we would still hafta pay him (and HER) …. “One Bad Assssssed Mistake, America” ….

  53. 53. T. T. Thomas

    ["A CEO with such a disastrous first three years as our president has had probably would already have been called upon to resign or been pushed out by his company’s board of directors."]

    One may or may not be right to assume such. I can think of some long term seated CEO’s ore more recent times that were never removed before taking their companies down

    Reagrdless, if one were to look at the historical charts, the same conclusion could be made of most every presidents administration and congress of more modern times regardless, of poltical party. They’ve all spent more and run up debt….with much higher tax rates than now.

    Every politician elected to president and congress comes to town with his/her boatload of ‘intellectual experts’ thinking they have the precise diagnosis and treatment protocols for the nations ills. Well, if you want to only blame politicians rather than the people, look where all the intellectual experts of both parties have led the nation to!

  54. 54. nopc

    Should he resign, well, yeah. But he won’t. His ego won’t allow it. I’m hoping for impeachment by way of Fast and Furious (or something else yet to be discovered). I do not want to be paying for his retirement and secret service.

  55. 55. TJ Parker

    Bush should be put in jail!

    • Anonymous

      Put down the bong.

    • Evil Genius

      TJ darling, we are talking about Obama here, get with the program. Or maybe you just posted on the wrong website.

  56. 56. Wigglesworth

    Obama is going to resign himself to the campaign trail and the politics of personal destruction.

  57. 57. ETAB

    Of course he should resign. But, Obama, the pathological narcissist, is out now campaigning and doing his usual Blame Others.

    Now, he’s patronizingly blaming the American people for (ignorant peasants that they are) thinking that Change will come ..’today’ or ‘tomorrow’. Ah, no, says Obama…change will come. In some far off future time. Gosh, he sounds like a climate change advocate…telling you that ‘it will happen’.

    But Change HAS occurred. Indeed it has: the economic infrastructure, the jobs infrastructure, private business development – is three times worse than it was when Obama took office. That’s change! For the worse.

    Unemployment is sky-high, food and gas prices have risen, housing is in the ditch,….that’s change!

    Govt has increased in size, expanding the size of its civil service; private sector jobs are non-existent; govt regulations making it harder and harder to do business have exponentially increased. That’s change!

    Obama has ignored Congress, moved more decision-making to executive fiat. That’s change!
    Obama has ignored the laws (war in Libya and no Congressional approval); ignored federal obligations (protect the border and deal with immigration); is allowing Iran to become a nuclear power; ignoring the chaos in Syria..on and on. Heck – that’s change!

    Maliciously smeared and denigrated any who critique him, insulted foreign allies, misinformed the people about all issues of government. That’s change!

    Any CEO who behaved in such a rogue manner, ignoring the shareholders’ well-being, ignoring the governance of a company – would be forced to resign. But Obama has no ethics, no principles, no integrity. He’s just out for his own Power.

  58. 58. Kevin R

    I don’t remember Ronald Reagan resigning in October 1987 or anyone suggesting that he should.

  59. 59. Anonymous

    Yes, he should. His policies aren’t working and just make things worse.

  60. Obama’s probable reason for a not implausible decline to run for re-election is this: to Obama, being POTUS is just a stepping stone to becoming an ISS (Internationalist Secular Saint). As a world-citizen, Obama’s Americanism is unexceptional, and his usefulness for the 21st Century Democratic Party is thus based to some extent on mutual and selfish benefit rather than patriotic and selfless loyalty. The Nobel Peace Prize was a great leap forward toward becoming ISS. While grinding America’s economy into the ground is widely perceived by Americans as a disaster, most of the rest of the world is joyed that this country’s unilateral and/or imperial capacities are checked, economic and also military. The dimmer that America’s economic prospects are going forward, the brighter are Obama’s.

    • Chris

      I think twelth imam is the position he desires, that or supreme dictator of all time space and dimension.

  61. 61. HUSKY

    Obama should resign IMHO. I also acknowledge that it may be a tad too soon; we’ll definitely know by mid September when the whole world will see clearly his decision regarding Israel/America-bashing-fest, Durban 3 – funded by the American taxpayers, (with guest speaker from Iran, on our shores). Not a word from the WH yet…nada.

    Sen. Rubio is absolutely correct in stating that the real “debate” in America is about the choice between “social justice” (re-distribution of wealth via Socialism, Marxism, Communism etc) and “economic opportunity” via the framework of our constitution. The former I consider immoral and “man-made” where ideas are more important than people. Debating anything else at this present time – without framing it in the aformentioned context – is nothing but smoke and mirrors en route to sleazy anti-American agenda being fulfilled by every scumbag internationalist neutered radical on the planet.

  62. 62. T. T. Thomas

    After decades of the congress shifting its constitutional mandates of governance to the Executive Branch, Obama has done something rather unique for the times. In nearly every instance, he has first thrown the ball of governance to the congress. Then, when the congress has failed to do their job, Obama has of course resorted back to the authorities congress has systemically shifted to the Executive over time. Likewise, I can’t personally recall a time when Obama has refused to mediate congress’ dsyfunction and negotiate in asking for a bill he can sign. On the otherhand, I can recall most every instance when the congress relies on Obama to do their job of governing. Congress is running to Obama nearly every hour and on the phone every minute.

    What happened to the times when congress governed among themselves and sent whatever their negotiated bill was, to the president and he would sign it or send it back for congress to rework until the president would sign it…or override the presidents veto?

    He ran as candidate Obama for health care reform and specified his preference.

    He ran as candidate Obama for financial reforms and specified his preference.

    He ran as candidate Obama for fundamentally transforming America and specified all his preferences and ideologies over two years of campaigning.

    A majority of America’s voters voted him into office…including all parties!

    In 2010 a majority of the nations districts voted to divide the congress.

    From January 2011 to present the U.S. has a completely dysfuntional government via the congress….all politics and no governing! In their attempts to function, it only comes from their running to the office of the president to mediating over their childish incapcities.

    Tally the balls and strikes if you will but, its a portrait of quite a different game called donkey basketball…..the thing we’re so proud of in our nation building efforts around the world to form more U.S. government style clones.

    As if that isn’t embarassing enough, now we’re a society stoning and verbally assassinating each other, digging the national divide deeper and deeper. The only thing diverting us from civil war among ourselves over political debate…not with the government…. is laziness!

    We’re hardly a nation of peoples deserving anymore to be the societal standard for the world. We can’t even have mature adult dialogue among ourselves anymore….we the people…. a government of the people… by the people….for the people.

    • BarbaraS

      The strength of America is her people, and you, TTThomas, underestimate them if you think they are lazy. It is not our system of government that is corrupt but the people in government who are corrupt and will be removed at the ballot box one by one. All the Marxist/socialist/communists have shown themselves; now all we need to do is weed them out. The best thing Obama could do right now would be to give an honest speech (would that be an oxymoron?) in which he tells us that he will not run for president again. It would be preferable that he resign immediately in disgrace. However, that would leave us with Joe Biden (“It is easy being vice-president; you don’t have to do anything!”) Talk about lazy!

      • T.T. Thomas

        Thanks for your comment and insight! I happen to be among the very few of decent mind and body left, who can view the nation of today from quite a different perspective. My journey in life began in 1929.

  63. 63. Menachem Ben Yakov

    First if you are not a Jew you can skip this post. That is not meant as an insult however as Jew we are forbidden to proselytize.It also means that there are many paths to holiness and that good deeds can and have been accomplished by good people of all faiths. I claim no superiority. I do claim a unique perspective and it is only to those interested I address my words.
    Second, if you do not believe in G-d you can skip this post. I do not have the power to convince you and I will not seek to try.
    I have posted this before. It becomes more relevant with each passing day. Despite the turmoil and pain we are all experiencing, myself and my own family included, I am optimistic about the future. Not because I have faith in political leadership ( no sane person could ), or because I believe that things will get better. It is because I am lucky enough to be alive and see G-d fulfilling His promises. Despite my faith it is nothing compared to the faith of previous generations who did not see these promises fulfilled yet whose faith was stronger than my own. What is happening now is a direct result of willful blindness – a society that chooses to ignore the Truth even when it is staring them right in the face.

    ” The rapid changes on both a technological and sociological level will result in a great social upheaval. The cataclysmic changes will result in considerable suffering, often referred to as the Hevlei Mashiah or Birthpangs of the Messiah. If the Messiah comes with miracles, these “birthpangs” may be avoided, but the great changes involved in his coming in the manner adopted by Maimonides may make these terrible travails inevitable.

    Since in a period of such accelerated change parents and children will grow up in literally different worlds, traditions handed from father to son will be among the major casualties. The Talmud describes at length how there will be general dissatisfaction with the values of religion-in such a rapidly changing world, people will naturally be enamored with the new and dissatisfied with the old. Thus, the sages teach that neither parents nor the aged will be respected, the old will have to seek favors from the young, and a man’s household will become his enemies. Insolence will increase, people will no longer have respect, and none will offer reproof. Religious studies will be despised and used by nonbelievers to strengthen their cause, the government will become godless, academies will be places of indiscretion, and the religious will be denigrated.

    In the generation when the Messiah comes, young men will insult the old, and old men will stand before the young [to give them honor]; daughters will rise up against their mothers, and daughters-in-law against their mothers-in-law. The people shall be dog-faced, and a son will not be abashed in his father’s presence. It has been taught, R. Nehemiah said: In the generation of the Messiah’s coming impudence will increase, esteem be perverted. [Sanhedrin 97a]

    The Wisdom of the learned will degenerate; fearers of sin will be despised; and the truth will be lacking. Youths will put old men to shame. [Sotah 49b]

    Judaism will suffer greatly because of these upheavals. There is a tradition that the Jews will split up into various groups, each laying claim to the truth, as the Talmud says, “Our truth shall be divided into flocks” (Sanhedrin 97a). This will make it exceedingly difficult, almost impossible, to discern true Judaism from the false. This is the meaning of the prophecy, “Truth will fail” (Isaiah 59:15).

    Maimonides, in his Epistle to Yemen even predicted that many will leave the fold of Judaism completely, without mali ciously intending to do harm to the Jewish people, and the nation shall suffer immensely as a result of their actions. This is how our sages interpret the prophecy, “The wicked shall do wickedly, and not understand” (Daniel 12:10)..

    Of course, there will he some Jews who remain true to their traditions. They will realize that they are witnessing the death throes of a degenerate old order and will not be drawn into it. But they will suffer all the more for this, and be dubbed fools for not conforming to the liberal ways of the premessianic age. This is the meaning of the prophecy (Isaiah 59:15), “He who departs from evil will be considered a fool” (Sanhedrin 97a).”

    http://www.moshiach.com/topics/what/the-moshiach-in-our-time.php

    The NInth of Av falls on begins at sunset August 8 ,2011 this year.

    http://www.breslev.co.il/articles/holidays_and_fast_days/three_weeks/the_tragedies_of_tisha_bav.aspx?id=1586&language=english

    To that list I would add that Barak Hussein Obama gave the speech at the Deocrat Convention that propelled him to national recognition of the Ninth of Av.

    Now can you hear the smallest of bells? Does it waken you?

    http://www.youtube.com/watch?v=xjx9tP3yTRI

  64. 64. werbaz neutron

    As Bill Clinton famously said about obama: “In a sane world he would be bringing us our coffee.”

  65. 65. Erik Rush

    I do not see why anyone would NOT believe he is following the prescription of Cloward-Piven to dismantle capitalism and the American system. If you look at the evidence in the aggregate, the evidence is overwhelming. And he DID say “we’ve made great strides…”

  66. 66. pelaut

    “A Cloward-Piven strategy could not be successful in only four years. America is far too strong for that.”

    Roger, I see you are as naive today as you were as a liberal protesting youth chanting “Mao-Mao…”.

    You and your friends gave the Cloward-Piven and Alinsky plans a jump start a half century ago. It’s now in full bloom, fellow.

    I’m still waiting for an apology from any of you.

  67. 67. Random Blowhard

    As a holder of physical gold I love what the Obama administration has achieved so far, taking the United States to the bring of hyperinflationary collapse as if it was Zimbabwe or Somalia has tripled my net worth and I have every confidence that the Spending, the Printing and the Fascist bailouting of the special interests WILL continue until the United States suffers the fate of the Weimar Republic.

    Economic Collapse – change your getting, I lovin it…

  68. CHAOS – COULD THAT BE THE REAL AGENDA? 10/21/2009

    “When you have eliminated the impossible, whatever remains, however improbable, must be the truth.”
    Arthur Conan Doyle, Sr. through the voice of Sherlock Holmes

    I spent the better part of my professional life understanding and improving on operational processes in the financial services industry. When a process appeared too complex or confusing close up, we had a standard phrase, “Step back and look down on it as if you were 10,000 feet above it.”

    The actions of my government, the United States government, over the past nine plus months have been far too confusing for even the best of the political analysis ‘experts’ to define a direction much less an agenda. Every action seems to have less analysis and planning than the announced ‘initiative’ the day before. Starting with the closing of a prison (Gitmo) without giving one iota of thought to where do you put the 250 plus terrorist prisoners, onto a plan of spending a trillion dollars to stimulate the economy without the plan being read by the people making it law, much less being held up for measurement and evaluation by the folk whose money was being pledged and apparently without doing much stimulating.

    The list goes on and on, buying bankrupt auto manufacturers, buying up all the used cars in America only to replace them with cars made by offshore companies, screaming at Fox News like a teenage girl screaming at her disciplinarian mother “I hate you.”. Finally, the health care ‘reform’ debacle (aka The Obama Obsession) that now has been forced into law, laying the groundwork for the next surge in hyper un-employment, foreclosures, bank meltdowns, etc.

    All of these and many more actions seem to have nothing in common, no identifiable direction, no shared thread of policy or agenda…until you erase all the pre-defined framework that we have relied on in the past to view government action. When we rise up 10,000 feet and look down on the last nine months of government action the unthinkable concept of an agenda emerges, chaos, intentional chaos.

    Now your immediate reaction is either, “Oh brother another conspiracy theory” or “Why would a central government want to introduce chaos?” Please bear with me and read on, I will try, over the next several paragraphs to walk you through the process I followed to come to this conclusion.

    CONSPIRACY is an integral part of our political system. Republicans and Democrats (together with all other political parties) are committed to their group winning elections. We recently got a look inside the communications strategy of a political party in the midst of an election courtesy of White House Communications Director Anita Dunn. She said Obama Campaign Manager David Plouffe (political strategist chief campaign manager for Barack Obama’s 2008 presidential campaign) put out Web videos so the campaign could avoid talking to reporters and focus the media message.

    “One of the reasons we did so many of the David Plouffe videos was not just for our supporters, but also because it was a way for us to get our message out without having to actually talk to reporters. … We just put that out there and made them write what Plouffe had said as opposed to Plouffe doing an interview with a reporter. So it was very much we controlled it as opposed to the press controlled it.”

    To pull off this kind of managed/controlled dissemination of information on a man running for the most powerful position on the globe calls for a conspiracy so well managed that the first leak of its existence does not occur for almost a year after the election and only then because an embattled Anita Dunn needed to boost her own self esteem by bragging. (She thinks that kind of voter deception is a good thing, if that isn’t unwavering commitment to a cause I quite frankly do not know what would be.)

    I would love to be able to say that only the bad guys ‘conspired’ but that is patently not the case, all those in the political arena conspire, regardless of the level of the office. Many, many years ago when I was a young professional pretending to be Diogenes searching for an honest man, I was convinced to run for office as a trustee in a small but corrupt village…as a reformer! I accepted the invitation and ran as an independent, meeting and greeting voters and spouting my words of honesty, integrity and open government. Three months into the campaign and a week before the election, at a meeting of my ‘handlers’ I learned that ‘we’ had a spy planted on the opposition’s campaign committee who fed us all the strategy and tactical moves they were planning. It was an election of the trustee of a village for God’s sake…yet the process included the usual unethical conspiracy. It is a fact of life here in the US!

    WHY WOULD A CENTRAL GOVERNMENT WANT TO INTRODUCE CHAOS?

    To paraphrase Euripides “Those whom the seekers of absolute power would conquer they first confuse!”

    Let us start by once again turning to one of the White House insiders, Ms. Anita Dunn, “And then the third lesson and tip actually comes from two of my favorite political philosophers: Mao Zedong and Mother Teresa, not often coupled together, but the two people that I turn to most to basically deliver a simple point, which is, you’re going to make choices.”

    Mao Zedong’s concept of ‘making a choice’ was simply that he wanted China to represent a pure form of Communism at any cost and by the end of his Great Leap Forward a commune based industrialization program that ran from 1957 to 1960 an estimated 30 to 50 million Chinese citizens were dead, their demise directly related to Mao’s choices.

    If Ms. Dunn is a follower of the obsession with achieving a pure Communist system, and she is the acknowledged member of a conspiracy to get Mr. Obama elected, may we not conclude that there is likelihood that Mr. Obama shares her objective.

    Prior to Mr. Obama’s election on November 4, 2008 we knew very little about either his beliefs or his agenda. We had platitudes and his involvement with some less than attractive folk to go on. However all that changed on September 23, 2009 when Mr. Obama ‘leaked’ a view of his agenda, not to the people he works for, the United States citizenry, but to a group of people salivating over the possibility of their getting their hands on the ‘wealth of a nation’, our Nation.

    On September 23, 2009 at 10:10 A.M. EDT President Obama gave a speech to The United Nations General Assembly that committed our Nation’s wealth, resources, culture and life style to ‘saving the world’. The speech is 5,000 words but 26 of those words tell a lot about where he wants to take this country of ours.

    “We will integrate more economies into a system of global trade. …And we will set our sights on the eradication of extreme poverty in our time.” That is global poverty he is referring to.

    In order to accomplish that objective he must spread the wealth of the US around the globe. In order to carry out that rather larcenous act he must either get the US working person’s buy in (fat chance) or take control of the machine producing the wealth of this Nation by sleight of hand and set about the redistribution via near dictatorial powers supported by his own special group of…oh my God…co-conspirators!

    I am often accused of resorting to numbers to emphasize a point, however I am by education an accountant and have always believed the adage, ‘the devil is in the details’! So let us take a look at how much of the world’s wealth we are actually responsible for generating…that’s right, generating, how much of the global annual domestic wealth production are we, the hard working, innovative, sacrificing people responsible for producing?

    To assemble these statistics I turned to three sources, the International Monetary Fund, the World Bank and the CIA World Fact Book. The individual numbers by country do not differ that much but for some reason the International Monetary Fund and the World Bank elected to leave off several countries. Since my objective here is to point out the perspective of the 191 members of the General Assembly that sat salivating over our hard earned US assets relative to their balance sheets and income statements I will use the data from the CIA World Fact Book (a highly respected source) since it provides the data on all of the 192 (the salivating 191 plus the US) country membership of the UN.

    The Gross Domestic Product (the value of everything made or service provided) for all the 192 members of the United Nations (including the US) is $61.070 trillion ($61,070,000,000,000.00).

    The United States contribution to that awesome number is $14.26 trillion or 23.4%. The next largest economy on the globe is Japan with 8.1% or 4.9 trillion followed very closely by China with 4.4 trillion/7.2%.

    All told, the top 15 UN members account for 75.7% of Worldwide Gross Domestic Product of which the US accounts for about 1/3. The other 180 members are left to divide up the remaining 24.3%.

    Beginning to get the picture? This is the proverbial ‘have vs. have not’ only on a global scale.

    I am not going to enumerate the various circumstances that brings us to the position on this world stage of the richest guy in town, but we are there and nothing jumps out at me justifying our continuing the hard work, innovation and sacrifices, but hand off to others the rewards, either within the borders of this great country or worse yet, across the borders to 191 other countries. Further, I believe that very few of the 306 million folk inside our borders would elect to hand over large wads of their hard earned cash to pay for the lifestyle of others whether domestically or internationally!

    …and President Obama and his insider group are very aware of this obstacle to their agenda.

    If one analyzes, on a micro basis, the reaction to socialistic policies in the US it gets down to “I will get health care cheaper,” “I will get education cheaper,” “I will get energy cheaper.” There is little or no discussion by the citizenry or by the ‘Ruling Group” as to who is getting all these products and services at a higher cost so that the recipients of the largesse get them more cheaply. That question would force the analysis that would clearly point out the flaws in the concept.

    Now let us expand that wealth redistribution policy globally.

    As Mr. Obama spreads that 14.26 trillion bucks produced by us over an ever expanding international group of ‘largesse recipients’ even our lowest earners will become aware that they have less…and they will not be happy!

    So Mr. Obama and his insider group have got to quickly get unimaginable powers to control the reaction of the US population, not just the big earners, but all 306 million of us.

    OBAMA’S TEN STEP PLAN DISOLVING THE US INTO THE UN

    1. - Openly tell the 191 salivating member nations of the United Nations that we are and have always been the immoral bad guys, we are ashamed. (It is as if he were their spy inside our campaign.) Now he has earned his bones with the global gang. COMPLETED

    2 – Keep the grand plan secret. COMPLETED

    3 – Manage the US media to delivering a message that “Only The Rich Will Pay” to raise the living standard of the poor and middle class. Never, never get trapped into responding to the fact that there are not enough ‘rich’ to accomplish that in the US. Never, never let the media point out that the definition of rich will keep descending until it includes the poor! COMPLETED

    4 – Using the fallout from three, again managing the media, promote class warfare from both sides of the spectrum. “Those rich people have too much, it should be shared.” “Those people are poor because they are lazy and think they can live better off of my hard work.” A WORK IN PROCESS

    5 – Create unworkable bankrupting programs on such a grand scale that the debt load of the United States as a sovereign nation explodes to a point that the case can be made that the US needs assistance from the other 191 members of the United Nations. A WORK IN PROCESS

    6 – Allow the natural effects of steps one through five create the massive chaos that will inevitably result. Massive unemployment, inflation, diminished dollar value, international movement to replace the dollar as the currency of choice, internal unrest, divisiveness, pitting American against American, etc. A WORK IN PROCESS

    7 – Propose to the United Nations that the US will submit to an ‘interim’ World Government, turning over unprecedented authority to select members of a specially formed commission of the United Nations General Assembly, based on a Global/Socialism model. COMING SOON

    8 – Impose new laws in the United States, administered by special forces under the auspices of the United Nations. COMING SOON

    9 – Void the US constitution, dissolve the government and become part of the New World Order. COMING SOON

    10 – Redistribute the United States resources and assets until they are eventually depleted and the 192 members of the United Nations (including what is left of the US) must look around for a new scam. POST 2012

    …and that is why the logical answer to the reason for a government that appears to be out of control is that “The agenda is planned, managed CHAOS.”

    • pelaut

      Well and truly argued.
      The last three generations have put us well past the ‘tipping point’, thanks to teachers. So it’s over. Concerted action won’t happen, wouldn’t work anyway.
      So what does an individual do to save himself and his own?
      How does one do a John Galt today?

  69. 69. sinz54

    No one in the Democratic Party can suggest that Obama resign.

    He’s BLACK, remember?
    With a 95% approval rating among black Democrats?
    With the full support of the Congressional Black Caucus?

    For the white members of the Dem Party to revolt against The First Black President(tm) would cause a party split–along racial lines!–that would be the end of the Dem Party for the foreseeable future. The Dem National Convention in 2012 might end up being more violent than the convention of 1968; I’m sure the Black Panthers would show up.

  70. 70. eh

    U.S. unemployment rate dips to 9.1 percent
    Boston Herald – 14 minutes ago
    By Herald Staff And Wire Reports The US unemployment rate dipped to 9.1 percent in July as employers added 117000 jobs. Dow up.

    Should Roger Simon resign?

  71. Look, Roger, you don’t need to destroy the whole tire to create a flat. As UBL decided, all you need to do is poke a hole or two in it.

    Make no mistake that’s what he’s about… destroying America.

    Look at it this way, Roger…. Since being immaculated as Rush calls it, Obama has done as you say everything wrong. Everything he’s done …. 100% , right down the line… all of it, has been an abject failure.

    But that’s only if and I say again only if, we define success as a booming economy and an America that is strong and free, and respects the rights of the individual first.

    I dare to submit, Roger, that one does not get to that level of consistency without both talent, and intent. It’s time to give up this myth of Obama incompetence. He knows damned good and well what he’s doing… and he’s doing as he intends. It’s time for reality, here. The only logical conclusion to draw is that he and his backers, including George Soros, are intent on a destroyed America.

  72. 72. nena

    As shameless as Obummer is he will never resign…i say impeach!!!

  73. 73. 2discern

    Absolutely fascinating. The premise of failure in job performance for barry soetero (his last legal name still not changed in any record) is agreed upon. However, the perspective of resignation is far fetched. To still be in office with all the fraud and documented evidence of forged birth record, false SS#, and tampered Selective Service registration simply means he is there because powers greater than our Constitution a corrupt CONgress, a totally corrupt compromised judicial branch, and a complicit CIA, FBI, NSA, etc. This has been planned for quite a while. Yeah, I know, you think this being said is nut case conspiracy talk. Answer these questions then,
    1. How does a unknown (still undocumented)get from Senator to President in 6 years?
    2. Why was EO#13489 (blocks all past records) signed less than 24hrs, in office?
    3. Why will CONgress not investigate his false SS#?
    4. Why does each Congressional member use form letters never actually answering questions of his eligibility from citizens (I can show you hundreds)
    5. Why does the FBI NOT respond to formal filed criminal charges of the forged birth record?
    6. Why does Kenya confirm his birthplace (Kenyan Parliament session notes celebrating his election)?
    7. Why the total obfuscation of Occidental college records (barry soetero, foreign student aid )
    8. Why NOT one student at Columbia ever remembers seeing him?
    9. Why does the Constitution Art.2 Sec.1 of “natural born” not apply to him?

    And the list can go on…but still unanswered. The liar-in-chief said himself “those that are NOT transparent have something to hide”. I agree. HE is so arrogant he does disclose a dare to challenge him in most speeches. Why don’t we?

    • Constitution

      Very accurate list of many of the important questions in the minds of most Americans who want to know why the answers are being blocked.

      Here are comments on two items:

      #2 re Exec Order 13489: Signing that document was directed by his groomers who got him into the Illinois Senate and Presidency. He has not acted alone in acquiring the Senate seat or Presidency. Signing was official strategy #1 planned before he even ran for President. He blocked access to information with full knowledge of what he was doing and why. He needs to be asked under oath in his anticipated trial, why he signed that document and who prepared it for him.

      #7 re Occidental College. Search and find news article in San Franciso archived online paper when O first entered Oval Office. He brought his political/govt professor and his wife to the OO, without telling anyone why. Reporter asked Prof after the 10 (that’s ten) minute meeting, what it was about, bringing him and wife all the way from CA for a 10 min meeting. Prof said O wanted to tell him about his Health Care program plans… adding a side comment that O was still arguing that he deserved a better grade than the prof gave him. However, Obamacare work was not done by O, but by others wayyyy after the meeting with the Prof… so methinks O was telling the Prof what was good for HIS health… like doing something to hide or get rid of O’s records/file that shows registration as Foreign Student etc. That Prof needs to be contacted fast, before O “protects” him with a 24/7 guard like he did his granny in Kenya who swore to reporters many times that she was at O’s birth in Kenya. O announced after he claimed Osama had been killed, that Osama’s people said they were going to get revenge by killing his granny. Like who would believe that??? Oh surely O’s directors could come up with something better than that. Nevertheless, granny is gone from public view… and the Occidental Prof and wife/family had better talk and talk fast or be “taken care of” too. If they talk, they can be protected from the thugs in Chitown who think they own the world.

      The rest of your items are all important too, and need to be kept in front of a wider range of public.

      Thanks!!

  74. 74. MethanP

    As I recall, most of the CEO’s et-al who drove their companies into the ground in the last 20 years have received obsenely large seperation packages despite their incompitence. Will we reward BHO with a second term? We just may deserve it.

  75. 75. crypticguise

    Obama is a power-hungry, socialist-Marxist, clueless LOSER. He would in NO CASE ever admit he’s a total failure, and is DESTROYING America. Then again, it may be his intent to DESTROY America and rebuild it in his own socialist-Marxist image. Damn this criminally, incompetent sociopath in the White House!

  76. 76. MT

    “A CEO with such a disastrous first three years as our president has had probably would already have been called upon to resign or been pushed out by his company’s board of directors — more than likely for some time.”

    How does your argument vary, then, for W – who was running the show during the biggest terror attack in our history? And started a (multi-trillion $) pre-emptive war on a Iraq based on false information?

  77. 77. texasron

    In an engineering environment, when a possible solution to a problem is proposed, an experiment is performed to ascertain the outcome. In that regard, I propose an experiment to determine if Obama’s solution of raising taxes on the rich will actually solve anything.

    To keep the results to a confined locale the test should be performed only in California and New York. These states were chosen because they both contain large quantities of “rich” people and the majority are liberal minded. Both of these states’ legislatures should pass a law increasing the taxes of people making more than $300K per year by 25% and by 50% for people whose income is more than $1 million. For purposes of this experiment, income will include any capitol gains on investments.

    It would be interesting to see which and how many liberals would embrace this experiment.

    • Chris

      Unfortunately, liberals have no interest in facts or logic. I predict 0 takers.
      I think at some level liberals must realize their ideas are nonsense, otherwise they would have an honest discussion, and a simple demonstration such as you propose would expose their idiocy – and they can’t have that.
      Nice idea though. Sigh.

  78. When I read Obama blathering out: “When I said ‘change we can believe in’ I didn’t say ‘change we can believe in tomorrow.’ Not change we can believe in next week. We knew this was going to take time because we’ve got this big, messy, tough democracy.”

    I hear him trying and failing to sound the chords of: “I’ve looked over. And I’ve seen the promised land. I may not get there with you. But I want you to know tonight, that we, as a people will get to the promised land.”

    • Dana

      I hear him lecturing people, again. Along the lines of the “We have to eat our peas” and “trade in your SUV” statements. That’s what is astonishing to me- the lack of compassion. Clinton and Bush were both very good at exuding compassion, but Obama simply cannot relate to the ordinary American. People are struggling, and growing frustrated. He shouldn’t be lecturing folks on patience- he should be asking for it.

  79. 79. christian

    The full-blown idiocy of the Right in all its infantile glory.

    “Obama has failed in virtually every direction, foreign and domestic.”

    That’s what Bin Laden said!

  80. 80. christian

    Here’s another sterling insight above from an admirer of the bloated DJ junkie:

    “Everything he’s done …. 100% , right down the line… all of it, has been an abject failure.

    Bin Laden fully agrees.

  81. 81. noreasoningwithyou

    “A CEO with such a disastrous first three years as our president has had probably would already have been called upon to resign or been pushed out by his company’s board of directors — more than likely for some time.”

    No, the CEO — who probably got his position via nepotism and connections — will get a golden parachute of millions after thousands of lower workers were laid off or rehired at lower wages due to his incompetence, while also sticking it to the company’s investors. These people don’t have the same job rules as you and me. Oh, and he won’t pay a higher share in taxes on those millions either thanks to the refusal of republicans to raise taxes on the “job creators.”

    See what I did there? Making generalizations is FUN!

  82. 82. ImJustOneOfThosePeskyAmericans

    NO Resigning. Want to make him dance in a court room, and by putting the skunk in jail forever, black people can reclaim their dignity and respect by other Americans. He did a number on everyone, especially harmful to blacks who have been so deceived as to this skunk’s purpose. Sure he invites a bunch of blacks to bbq and dance in the white house, just as publicity and to re-corral them to vote for him… although he has only done things that hurt them terribly. Impeaching the skunk will restore the identity of blacks as true Americans, not as racists who bow to a skunk. Hold your friends close, and your enemies closer. Bear hugs on this skunk till setting him down in the clinker permanently. Dangerous Dirty User Skunk.

  83. 83. Nat

    I love that Mr. Simon is proposing turning us into a European style of government where the leadership changes frequently and there is no stability. In America our presidents serve out the term they were elected to, unless they die or are named Richard Nixon.
    The call for the President’s resignation is another example of fake conservatism destroying American norms and values. Give me a true conservative who recognizes the value of the 2 centuries old American political system over short term gains any day.

    Shame on you “conservatives” who want to reinvent the American system just like liberals. Your goals are better than the liberals but your methods are just as bad.

    • Gloria Tucci

      Nat: Mr. Simon does not say a word about turning America “into a European style of government where the leadership changes frequently and there is no stability.” Not one syllable implying any such thing. is in Roger L. Simon’s blog. What you’re engaging in, as you doubtless know, is a tired old argument known as reductio ad absurdum and it doesn’t have legs to stand on here.

      You then write, “In America our presidents serve out the term they were elected to, unless they die or are named Richard Nixon.” News flash: we have a new standard. A president who can’t preside, govern effectively or lead is at least as useless and dangerous as an impeached or even dead president.

      There’s nothing either conservative or liberal about this column. It is simply good common sense. That’s not “European style” anything. It’s a way peacefully to end a dreadful national mistake.

  84. 84. Ravenna

    No, the Teabaggers who caused the debt ceiling crisis that affected the stock market should resign.

    Any American who deliberately harms this country to promote their extremist agenda is guilty of treason and should be dealt with accordingly.

    • Harrison O'Toole

      Hello? The Tea Baggers who only seek a balanced budget and a debt-free republic are responsible for the debt ceiling crisis?

      BTW, is defined in this country as follows:

      The Constitution of the United States, Art. III, defines treason against the United States to consist only in levying war against them, or in adhering to their enemies, giving them aid or comfort. This offense is punished with death. By the same article of the Constitution, no person shall be convicted of treason, unless on the testimony of two witnesses to the same overt act, or on confession in open court.

      I don’t think this applies to any member of the Tea Party. Exaggeration does not make for a persuasive case. It’s just a
      way of expressing anger.

      • Ravenna

        Raising the debt ceiling has nothing to do with the budget; it was necessary to pay bills ALREADY APPROVED by Congress. Ronald Reagan did it 18 times while he nearly tripled the government debt.

        Teabaggers were determined to hurt other Americans by threatening to upset the economy, and they succeeded. The negative repercussions of their actions are just beginning.

        It has nothing to do with wanting a balanced budget, and you know it. There was no outcry from these people while Dubya was overspending and running up the deficit. Republicans happily voted to raise the debt ceiling 7 times during those years.

        The rest of us see it for what it is: a terrorist act perpetrated by a group of people who can’t accept the fact that we have a black President. The GOP admitted last year that their goal is to get Obama out of office. They’ve done nothing to create jobs since they’ve had control of the House of Representatives, but have continued to cater to the rich.

        We’re tired of Teabaggery. It was amusing for a while, but it’s no longer funny when the extremists’ antics affect us financially.

        • Dave Surls

          “Raising the debt ceiling has nothing to do with the budget; it was necessary to pay bills ALREADY APPROVED by Congress.”

          There is no budget, and those bills need to be unapproved.

          “Ronald Reagan did it 18 times while he nearly tripled the government debt.”

          A bald faced lie. There was no tripling of the debt under Reagan, and anyway, presidents don’t borrow money Congress borrows money. All presidents can do is veto attempts to borrow, and hope it doesn’t get overriden (which Reagan should have done).

          Almost all the debt that has been run up in this country is because Dems love to borrow. And, it’s time we put a stop to that, and to their insane out of control spending, before there’s nothing left to spend.

          And, the best way to do that is to vote the Dems out and keep themn out.

        • Holtz

          Spin which ever you like, but deal with the law and the reality of economic, rather than the partisan politic as usual.

          US borrowing tops 100% of GDP: Treasury. DRUDGE REPORT
          US debt shot up $238 billion to reach 100 percent of gross domestic project after the government’s debt ceiling was lifted, Treasury figures showed Wednesday. Treasury borrowing jumped Tuesday, the data showed, immediately after President Barack Obama signed into law an increase in the debt ceiling as the country’s spending commitments reached a breaking point and it threatened to default on its debt. The new borrowing took total public debt to $14.58 trillion, over end-2010 GDP of $14.53 trillion, and putting it in a league with highly indebted countries like Italy and Belgium.

          Obama administration won’t call the islamist terrorist, terrorist, but they call Tea Party ordinary American who disagree with their progressive political agenda terrorist.

          American have lost their First Ammenment Right? Vox populi have no right to speak anymore? Is this what Obama’s hope-and-change to fundamentally transform America has brought us?

        • BarbaraS

          Ravenna, would you please stop referring to Tea Party Patriots as “teabaggers.” Using that term is crude and demeaning, right out of the play book of Obama’s good friend Bill Ayers.

    • Dave Surls

      The Tea Party is all about keeping left wing scum (like you) from stealing our money via taxation so that trash (like you) can ride for free on my dime.

      And, that’s all it’s about.

  85. 85. PhillipGaley

    The Lord led Sarah Palin, she found reason sufficient to have made honorable resignation; but evil alwars abuses any human who may be so minded; Obama is one such tragic figure—and, not simply as is to be seen in his broken English (which so very many of his like-minded, exclaim over) used, and abused; but not misused, for, he chose his destiny. Yes, in several years, say, in 2013, he will wish to have before, resigned, . . .

  86. 86. Murray Abraham

    Sure. The collapse of the securitized American mortgage bubble and ensuing worldwide deep recession followed by the current euro crisis triggered by Greece’s default and prolonged by Spain and Italy’s problems has nothing to do with our current situation.

    Nonsense as usual. But what else can we expect from bobble-heads working in pajamas?

    • BarbaraS

      Murray, you must have missed Barney Frank’s and Chris Dodd’s involvement in the housing bubble as well as Freddie and Fannie, who are still taking billions from us. All the bad mortgages that Obama’s ACORN strong armed the banks into making got packaged and sold all over the world.

  87. 87. Jesse

    What a fraud and joke of a President. He clearly is over his head.

  88. 88. Chris

    Curious about rule number 3: “Disagree, but avoid ad hominem attacks.” Not the most moderated comment thread on the internet, is it?

    • Dave Surls

      Sure, you should avoid ad hominem attacks. It’s not enough just to say that Dems/lefties are lying scum.

      You have to show how they’re lying scum.

  89. 89. RebeccaH

    We knew this was going to take time because we’ve got this big, messy, tough democracy.

    Why does this sound like Obama would just love to do away with that big, messy, tough democracy that keeps getting in his way?

  90. 90. JBC

    Ronald Reagan once said: “Government’s view of the economy could be summed up in a few short phrases: If it moves, tax it. If it keeps moving, regulate it. And if it stops moving, subsidise it”.

    Obamanomic to grow the economy and create jobs: Tax the middle-class job engine and the jet owners for more gov spending and wealth distribution. More EPA regulations, shutdown all offshore drilling, light bulb industry and coal industry so that the cost of energy prices will necessary skyrocket. Bail out the “too big to fail” car industry, bank financial mortgage industry and subsidize Obamacare to grow a bigger govenment.

  91. 91. Dave Surls

    “There was no outcry from these people while Dubya was overspending and running up the deficit.”

    That’s probably because there was practicaly no increase in the debt when Bush was president, and it’s Congress that runs up debt, anyway. When the Republicans took control of Congress in 1995, the debt stood at 66.4% of GDP. When the Dems regained control of Congress in 2007 it stood at 63.1%, it was at 69.2 in 2008 (Bush’s last year in office), and, by 2010, with the Dems running Congress, and the little boy who would be president in the White House, debt rocketed up to 93.3% of GDP.

    We’re in the mess we’re in because liberal Democrats put us there. That’s not 100% correct, but it’s pretty damned close.

    The really bad news is that the House is now controlled by the GOP, and they’ve done nothing to correct the situation (which they could do by simply refusing to initiate any more bills to raise revenue by borrowing), and now debt is over 100% freaking % of GDP, thanks to their caving into this thief Obama, and the scum in the Democrat Party.

    Btw, I hope I didn’t offend any scum out there. Scum isn’t so bad that it merits comparison to thieving trash like the Dems.

    • T.T. Thomas

      Dave….["That’s probably because there was practicaly no increase in the debt when Bush was president..."]

    • T.T. Thomas

      Dave….["That’s probably because there was practicaly no increase in the debt when Bush was president..."]

      Bush was not the dummy so many believed. Bush knew a storm of T-5 was on the horizon. He just didn’t know when or exactly how bad the consequences may be. He found out parts of the answers before he left office.

      It really makes NO difference in what political party followed Bush into office! Debt…massive debt, would have been piled up just as it is today regardless of the political party. TARP I, TARP II and on down the line.

      Just like a fire, when the economy is in dire crisis….you have two choice. Let it burn down or throw the water/money to it.

      Short-sighted folks were screaming let the financial structure burn down giving no recognition that our economy is part and parcel of a global economy and the USD is the world currency. Smarter and wiser people knew that the global structure could not be allowed to catch on fire and burn down also. Of the two choices it was not to difficult to determine which course of action was necessary. But of course, we now know that ‘most’ of the global financial structure did catch on fire. Now everybody is trying to figure out how to put out the continuing smolder and rebuild.

      The fire started on one shift and has been fought by a relieving shift. Now. everybody is consumed with ‘politics’ and nobody wants to work together to clean the mess up and do what is adult and responsible for the nation.

      It will remain this way at least through 2012 and most likely continue on beyond for some time.

  92. 92. Dave Surls

    Anyway…having Obama resign (merited because he’s a terrible citizen and a Godawful president…never should have been allowed in the White House in the first place) will accomplish zippo, because we all know who would then become president.

    The only solutions are to vote the Dems out and keep them out, or to alter or abolish the government, and start over.

    Personally, I favor option 2, because I don’t think we’re going to win at the ballot box, not over the long haul.

    We’ll see.

  93. 93. Josh Scholar

    Funny how the author and the commentors ignore the fact that all of the economics reporters say the crash is a response to the news from Europe.

  94. 94. Dave Surls

    “WASHINGTON — Credit rating agency Standard & Poor’s on Friday downgraded the United States’ credit rating first time in the history of the ratings.
    The credit rating agency said that it is cutting the country’s top AAA rating by one notch to AA-plus. The credit agency said that it is making the move because the deficit reduction plan passed by Congress on Tuesday did not go far enough to stabilize the country’s debt situation.”–AP

    Ain’t that swell?

    Be sure and vote Democrat in 2012, if you want to complete the financial ruin of the United States.

  95. 95. Lawrence in New York

    Please Mr. Simon, stop worrying. I mean it. Try to think positively, not naive – but positive.

    We could debate forever, what we know, that the fear that we are heading to another recession is what behind the precipitous drops in the Market. We don;t have to. We never got out of the last one. We know that also.

    So what about the market? Here are the foolish Larry Kudlow types extolling the rise in the DOW, before the drops. This is foolish and naive. We had a rising Dow on low low volume and falling Dow on lots of volume. This has been true for over a year.

    The DOW may indeed go into another drop. I hope so. I hope it drops about 3 or 4 thousand. I won;t right now, but wait to the next President. A huge drop in the Dow, significant tax cuts, putting a real crimp in the budget, or the debt, and 10 years of prosperity will be ushered in.

    After all, what is not on anyone’s horizon now (and I say now) is a fundamental realignment of powers, rights, and how business needs to be conducted in this Republic.

  96. 96. Brad

    This is just like Black Monday, which is famous for putting a knife in the back of the Reagan administration and destroying any hopes his VP may have had for an eventual presidency. Oh, wait….

  97. Quote from article: “It’s been a long, tough journey. But we have made some incredible strides together. Yes, we have. But the thing that we all ought to remember is that as much as good as we have done, precisely because the challenges were so daunting, precisely because we we were inheriting so many challenges, that we’re not even halfway there yet. When I said ‘change we can believe in’ I didn’t say ‘change we can believe in tomorrow.’ Not change we can believe in next week. We knew this was going to take time because we’ve got this big, messy, tough democracy.”

    This shoots up three different red flags for me. First, the prez still continues to blame Bush for the nation’s problems, i.e. “we were inheriting so many challenges.” The prez, like an insolent child, refuses to accept responsibility for his behavior.

    Secondly, the overall tone of the passage reminds me of Wimpy in the old Popeye cartoons. Those of you old enough to remember Popeye being on TV Saturday mornings surely remember Wimpy. In saying his “change” wasn’t supposed to happen immediately, I hear Wimpy saying, “I’ll gladly pay you Tuesday for a hamburger today.”

    But, on the flip side, the prez has implemented considerable change — all for the worse — in a short two and a-half years. His runaway spending, ever-increasing debt and federal takeover of GM, Chrysler and the healthcare industry has turned our economy into a train wreck. Many people say we are “returning” to a recession. Given all the economic problems the prez has brought on, I would say we have been, and continue to be in, a depression. I’ve been without work for seven months now. That’s the longest stretch I’ve endured in 45 years of working for a living. And, as an independent contractor, I am not eligible for unemployment compensation.

    And the third thing from his passage that catches my eye is his saying, “we’ve got this big, messy, tough democracy.” Anybody who was halfway awake during high school civics class heard that ours is a constitutional republic, not a democracy. There’s a huge difference between the two.

    Yes, the prez should resign. If he doesn’t, Darrel Issa and friends should introduce articles of impeachment. If we had a white president who had wrought such destruction on the republic, he would have already been impeached. The prez just loves to play the race card. If anybody dare take exception with anything he says or does, that person is immediately deemed a racist.

  98. 98. Matt Taylor

    It seems to me that with Obama we have the worst of Jimmy Carter, combined with the worst of Bill Clinton. Obama reminded me of Carter from the very beginning. This combined with his dumping of his Senate seast in order to run for president implied He was either desperate for the white house or receiving very strict pushing from the Democrat left.

    The Democrat’s can break ranks on Obama though. The modern left is filled with the dregs of the 60′s radical movement (in fact, getting intot he Democrat’s and taking over the party from within was one of that movement’s admitted tactics). Obama is a charismatic, good looking black man who is good at giving speeches, and campaigning, and stands for practically everything they 60′s left has stood for since its halcyon days. He is everything they’ve worked for since the Port Huron statement. And what they have worked for continues to operate under the same name.

    Socialism.

    Call it this or communism, it’s the same thing. It is, for all intents and purposes dead, but it’s memory still beats in their hearts, and minds. The fact that it failed in actual practice is meaningless. The 60′s left was all about its own arrogance, and there is nothing more arrogant than thinking that world revolves around you, and those former hippies still think this. They can’t give up on Obama, he means too much to them.

    But the world has moved on, you say?

    Remember how these people reacted to the beginning of the war on Terror? They made noises about being against it, but inside they were ecstatic, A republican president, and war! It was like the 60′s all over again. I remember reading articles about parties where these people would dance around in their old clothes, unbelievably happy that there ideas might have meaning again. It was just sad.

    These people will never abandon the first black president (he’s mixed? he’s not light skinned enough for that to mean anything, remember, these people are all about appearance), and the first black president is Carter come again.

    But I have one little piece of hope in me.

    Carter eventually gave way to Reagan.

  99. 99. Brad K.

    Roger,

    I think it is significant that Congress, the branch of government actually responsible for firing the President when their is cause, has not made any moves to rein in, discipline, censure, or impeach the President.

    To my mind, that is significant. Congress is no more a victim of the President than Bush’s Congresses were part of the solution during the Bush administration.

    At this point, leaving Congress intact and getting President Obama to resign, or even impeaching him, won’t really solve anything significant.

    It is also important to remember that nothing the President does could be done in full opposition to a competent Congress, and that Congress has the ability and authority to do what is needed, even despite Presidential objection.

    In short, Congress as well as the President have significantly failed the American people, as well as the oaths to support and defend the Constitution and to obey the law and the Constitution.

    Getting Obama to resign might be a symbolic change, but a substantive change has to include Congress.

    If President Obama doesn’t want to resign, and Congress continues to fail in their obligation to hold him accountable for violating the law and the Constitution — could medical means accomplish the same thing? I wonder if a competent psychological exam would find B. Hussein Obama mentally competent to execute the office of President? An incapacitated President would cause the mantle of authority (and responsibility) to pass to VP Biden.

  100. 100. Gerald A

    “In the case of Obama, his policies are leading to something quite the opposite — an epic disaster for the Democratic Party and (modern) liberalism in 2012.”

    Wishful thinking. The huge entitlements created by the Democrat party are acting as a safety net for them, which is their purpose. No matter how bad things get they can charge that Republicans are cutting Medicare and SS and that will send seniors to the Democrat columns in droves. Things getting bad actually helps them, unless the Republicans run on kind of doing nothing really different, but instead try to say “We’re more competent”. That’s how Republicans generally ran in the past and is why they often won the Presidency but is not possible at this point.

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