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Change You Can Believe In! Obama's Approval Index Down 22% »
Posted By pc25 9 months, 2 weeks ago in NewsObama Popularity Joins Stock Market In Free Fall
The stock market had its worst January since 1896 followed by its worst February since 1933 due largely to the historic spending and tax initiatives proposed by the Obama Administration.
President Obama is not doing any better. 8%. Considering he had 15% on February 27, this is a veritable freefall.
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pc259 months, 2 weeks ago
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http://gatewaypundit.blogspot.com/2009/02/obama-se...
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Obama Sets Record: Last Month Was Worst January for Stock Market In 113 Years-
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NoWayMan9 months, 2 weeks ago
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more crap analysis from the gateway pundit and pc25.
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firstly, great blog entry posing as news story.
secondly, Obama wasn't sworn in until near the end of january. so that "Worst January for Stock Market In 113 Years" isn't Obama's.
and, thirdly...
FTA: "The stock market had its worst January since 1896 followed by its worst February since 1933 due largely to the historic spending and tax initiatives proposed by the Obama Administration."
which is total, complete bullsh*t. and shows complete bias on the part of the blogger.
its bad all over the world, not just here. and anyone who knows anything about the markets knows that there are just too many varibles in play, and you can't pin performance on one person's possible future actions, as this article is trying to do with january's performance when Obama wasn't even in control yet.
mreanwhile, the Gallup poll from yesterday has Obama with a 63% approval rating and a 25% disapproval.
and to further prove the stupidity of this gateway pundit blog...
THE NUMBERS ACCORDING TO RASMUSSEN:
according to Rasmussen, your own source, on Nov. 6, two days after Obama was elected, his approval rating was LOWER than it is today and his disapproval rating was HIGHER than it is today.
today:
approval rating: 58%
disapproval rating: 40%
11/06/08:
approval rating: 52%
disapproval rating: 44%
also, his "Strongly Disapprove" numbers are 3 points lower today than they were on 11/06/08.
so what gives? how could it be?
the numbers simply don't prove your theory. in fact, they disprove it.
so, you've stepped in a big pile. nice going. sure you're used to it by now.
we're laughing at you, not with you. -
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djn3nunez39 months, 2 weeks ago
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Obama Sets Record: Last Month Was Worst January for Stock Market In 113 Years
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Nothing Bush ever did was the presidents fault, but now after just 40 days, the neo-clowns all want to blame Obama for stock mover that goes south.
PS it gonna get worst before it gets better. Look for the bottom around 5500 later this year. You can still thank the wonderful fiscal policies of the Bush Administration. -
Global_WarmerComment removed: Abusive
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pc259 months, 2 weeks ago
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http://www.special-guests.com/guests/viewnews.cgi?...
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OBAMA APPROVAL PLUNGES 74% per Rasmussen Poll Showsing Drop from 30% to 8%
Barack Obama’s popularity ratings have plummetted according to the latest Rasmussen Poll.
The highly accurate poll subtracts the ‘strong dissapprovals’ from the ‘strong approvals’ to get their net approval rating.
The week Barack Obama was sworn in, the ‘Obama Approval Index’ his approval rate was a whopping 30%. By March 1 to a meager 8%. Considering he had 15% on February 27, this is a veritable freefall. (See left column in poll below.) -
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DaneL9 months, 2 weeks ago
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AbuAmirahComment removed: Spammer, Hard Banned12 Replies
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jgardner03089 months, 2 weeks ago
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First of all when Bush took office the country was not in the state that it is in now. It took Bush 8 years to bring the country to it's knee's and now you think Obama can make it bounce back overnight. He wasn't even sworn in until what Jan. 11th do the majority of that percentage is on the president that just left.
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Look the man is the President and will be so until the next 4 years. Get over it!
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GLee9 months, 2 weeks ago
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Facts are facts. The man started out about where every sitting President starts and has been falling slightly ever since. He is NOT doing what he promised by any means......... of course he has to check with Pelosi to see what he can / can't do.
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NoWayMan9 months, 2 weeks ago
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you're right GLee, facts are facts.
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so here ya go...
according to the Gallup poll, Reagan's approval rating after one month: 55%
according to the Gallup poll, Obama's approval rating after one month: 63%
according to the FOX poll, Bush's approval rating after one month: 61%
according to thje FOX poll, Obama's approval rating after one month: 68%
so, no matter how you try to paint it, Obama is kicking some asss (more than either Bush or Reagan at this point) and he still has strong supoort from the American people.
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UncontrollableScaldingDiarrhea9 months, 2 weeks ago
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Obamatons are starting to hear the footsteps.
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Their Messiah is throwing a flailing economy an anchor and their kool-aid induced stupor has them holding their arms up to catch it and sink, instead of telling the government to actually cut its red ink.-
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nostalgia9 months, 2 weeks ago
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Did you see this cartoon on Twitter? "Did I do that?"
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http://i36.tinypic.com/4rde04.jpg -
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cashbahrhdg9 months, 2 weeks ago
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The best that sh*t like you can come up with is names like "Obamatons", Dumpcraps, etc. - nothing ever worthwhile FOR America. So get this and get this good: It's no longer a battle of words - it's a battle FOR America. We are fed up with your kind and we will NOT let your immature lazy asses back in power. Over our dead bodies. Hear that VERY clearly: OVER OUR DEAD BODIES.
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nostalgia9 months, 2 weeks ago
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Wait until this news starts to get wider coverage
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Obama's carbon tax will be a tax increase on everyone in the US
Obama: "We're not going to raise tax on anybody making under $250,000 a year"
He forgot to add UNLESS you use electricity, buy gasoline, buy heating oil or use natural gas
Several studies are coming out on the cost to consumers - including one from MIT
Gasoline may increase by as much as $1.27/gal
Electricity may increase by as much as 68% - high end in areas where a large amount of electricity is produced with coal burning plants. This tends to be the low income areas in the country
But Obama told everyone that the costs of electricity would increase. No one on the left seemed to care
Video: Obama promises electricity rates will skyrocket under his plan (energy costs)
Here's the San Francisco Chronicle video of Barack Obama promising that under his energy plan, "electricity rates would necessarily skyrocket".
This site also contains the transcript
http://24ahead.com/blog/archives/008304.html -
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mmrhe9 months, 2 weeks ago
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Global_WarmerComment removed: Abusive4 Replies
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UncontrollableScaldingDiarrhea9 months, 2 weeks ago
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Seriously, Obamatons. Democrats had to vote for TARP. They had no choice.
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It's March and Obamatons are already trying to deflect responsibility from TheOne.
It's going to be a LOOOOOONNNNNNGGGGGG two years, and then a blood bath for Democrats at mid term. -
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CRYMTYPHON9 months, 2 weeks ago
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Didn't you march briefly on stage last year to tell us how Obama would lose to McCain ?
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And told us the economy was great, President Bush's ratings would get better
and everyone was going to name their babies Rush and Karl?
Or was that someone with a similiar screen name? -
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Global_WarmerComment removed: Abusive11 Replies
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Global_WarmerComment removed: Abusive3 Replies
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NoWayMan9 months, 2 weeks ago
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wake me up when Obama's approval rating hits 30% like your boy bush. then I'll know he's not doing so well.
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until then, you cons still lost, America has still firmly rejected your ideas, and you still have nothing left, it seems, but the whining and flailing.-
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nightschase9 months, 2 weeks ago
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Sorry to burst everyone's bubble here, but this article is a misrepresentation of the numbers and what they mean.
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The daily rasmussen poll is here: http://www.rasmussenreports.com/public_content/pol...
The article highlights at the particular date it was referring to, March 1st, the presidential approval index is only at a meager 8 points. This report however fails to realize this is taken by the difference of strongly approve and strongly disapprove, not counting people who generally support Obama.
If you look at the report, there is only a 10 point difference between those who disapprove and those who strongly disapprove, while there is a larger 20 point difference between the degrees of approval.
This means that Obama is generally governing in the middle, gaining the approval of the liberal and moderate voters in the country, facing most of the disapproval from the opposition party. -
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engineer9 months, 2 weeks ago
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What four years?
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Bush was in til 1/20/2009
The Dems got in 1/1/2007
There were more than 100 blocks by the GOP in the 2007 to 2009 date.
Dems did not have control because odf the obstructionist GOP and their horror GW Bush
Don't give false facts -
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NoWayMan9 months, 2 weeks ago
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by "more than 100 blocks" I assume you're speaking to the record number of filibusters the GOP has instiigated in the last two years. more filibuisters than in any two year period in America's history.
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talk about obstructionist...
yes cons, its true. -
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nostalgia9 months, 2 weeks ago
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They also violated the constitution with all of the bailouts
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The Federal govt has no right to pick and chose winners and losers among private companies
The Constitution only lets the government spend money for the general welfare
And who does the bailouts benefit - wealthy corporate heads, banks and the politicians
The TARP program violated the nondelegation doctrine which is based on the first section of the first article of the constitution, giving all legislative authority to the Congress. Congress cannot then delegate that power to another branch of government.
They delegated use of the funds to the Treasury Secretary
The same is true of bailing out Fannie and Freddie - a violation of the constitution
As one law professor stated: "The recently passed law also generously empowers the secretary of the Treasury to give unspecified billions to Freddie and Fannie in direct violation of our Constitution, which states that only the legislature (Congress) can appropriate public monies."
Nick Dranias, director of the Goldwater Institute’s Center for Constitutional Government, said he believes the bailout of states by the federal government would violate the 10th Amendment of the Constitution, known as the enumerated powers doctrine.
The 10th Amendment states: “The powers not delegated to the United States by the Constitution, nor prohibited by it to the states, are reserved to the states respectively, or to the people.”
This same argument, along with others, has been espoused by Robert A. Levy, chairman of the Cato Institute, to say that the $700 billion Emergency Economic Stabilization Act of 2008 is unconstitutional.
“The federal government does not have the constitutional authority to spend taxpayers’ money to redistribute wealth from one state and give it to another,” Dranias said, as the proposed federal stimulus plan would do because the federal government would be taking possession of a power reserved to the states.
In doing so, the federal government would effectively be “undermining state Sovereignty and rendering meaningless the boundaries among the states and between the states and the federal government,” Dranias said.
http://www.augustreview.com/news_commentary/genera...
And on and on it goes
The constitution is becoming a meaningless document to the politicians on both sides of the aisle -
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icono19 months, 2 weeks ago
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Interesting view of failure.
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True though, that to the victors goes the spoils; although I don't think a falling Dow and failing economy is something to 'brag about'.
However, the Dow was down under 7000 today after a 299.96 pt fall after the Tingle Messiah & Co. made an announcement about bailing out another Wall Street favorite of the Gov..
Apparently the 'street' has no confidence in his 'change you can believe in' policies.-
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NoWayMan9 months, 2 weeks ago
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like I said before, to ignore all the variiables and try to pin a down day on what one guy said three weeks ago, or well after the markets were open, simply ain't how it works. but that's exactly what you did.
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don't you think the down day in the asian markets might have had something to do with our down day? of course it did. much more than what the president said well after the markets were open. so say what you want about the reaction of the street. but they were reacting well before obama said word one.
and my view of failure is much less interesting than that of many of the cons on this board. they want to call things a failure when they haven't even gotten started yet.
that's not real failure. its imagined failure.
and it actually sounds like those folks are hoping for failure.
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cushi9 months, 2 weeks ago
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We are worse off because the free fall Bush got us into hasn't ended yet! Anyone with the capability of thought knows that the economy is not going to right itself overnight! If you are foolish enough to think that Obama can turn things around lickety split, then you are the one who believe he is the "Messiah" because only God is capable of doing that.
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I am content to let the President have a shot at undoing the damage of the Bush administration, and I will exercise the patience and reason to not expect an immediate turnaround.
You know, you neocons are criticizing so much because that's all you have left, and you're using it like comfort food. Pitiful!!
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CRYMTYPHON9 months, 2 weeks ago
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The great Bush/Pc25 Depression will long be remembered
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in movies, as one of those 'interesting times' you wish on an enemy.
Those who betrayed our country into poverty have been tossed from power.
They still have voices,
- but nothing to say.
You have no solutions to the problems you gave us,
except more of the same poison.
Cheering on disaster for the President, and the country, will win no elections, - and makes you look damned small.
Good work!
Keep it up.-
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slate9 months, 2 weeks ago
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CRYMTYPHON9 months, 2 weeks ago
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Makes more sense than blaming Obama.
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It was years of following the economic path PC25 and company advocated
that led us to this dark dank spot in the woods.
The PC25/Bush Economic Formula for success:
- charge years of war and nation-building to the deficit.
- charge tax-cuts to the deficit, so the rich could invest in Chinese slave labour,
while the american worker paid the bill, plus interest.
-deregulate the basics of the nation's commerce till it had no more bones than a jelly fish.
-regard putting money in schools, hospitals, libraries, bridges, police forces, clean air, water and basic health, as subversive and unnessesary entitlement.
It's a big, beautiful map to the floor of economic heck!
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Albmore9 months, 2 weeks ago
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Let me bust every ones bubble here. YES Obama is going back on his word and letting the pork flow. Dems have used the situation to highjack bills and stuff them with their liberal agenda! Dont think this is a foot back into the door republicans because YOU the republicans are responsible for 40 percent of the pork. Two sides ruiniing OUR future and YOU are all still sitting here playing party politics.
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CRYMTYPHON9 months, 2 weeks ago
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I am staring at my bubble.
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It is un-busted.
How is your bubble?
What you call 'Obama's liberal agenda' is a specific and desperately needed act of a nation to save itself from disaster.
Those who sit in the bleachers and call down poxes for all sides, - will bear responsibility for what goes wrong; and can claim no share of what is won.
'pop'!
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secondstump9 months, 2 weeks ago
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10th amendment: The powers not delegated to the United States by the Constitution, nor prohibited by it to the States, are reserved by the States, repectively, or to the people. President Obama and the signers of all these stimuluses have violated that right by demanding how each state uses the money.
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normallysilent9 months, 2 weeks ago
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On his current course I think Obama could end up being remembered in history for something other than being a black president. Hey, it isn't all bad. At least future Presidents will have something to look back on and see what not to do.
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Unfortunately that's not going to help us any -
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slate9 months, 2 weeks ago
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Let's see, those that actually have jobs will get about a hundred dollars divvied up in 13 and 8 dollar chunks and we will have to pay back the 4 trillion he's put on the books. What a deal!
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We still haven't even talked about TARP II, the health care that will surely be made law by the end of the year, with each of these things having massive ear marks tossed in.
It would be better if they have just made every citizen instant millionaires,then the class wars would be over, everyone could pay of their homes, bought cars, other goods and had money left over to save, thus fixing every sector they 'claim; they are trying to save as they pork up their heroic bills for their own personal gains. -
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wesxauto9 months, 2 weeks ago
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The change people have seen is over spending in all the wrong places and then turn around and lecture people about over spending.No confidence from the people the market the lenders because of leadership is in a spending frenzy in all the wrong directions at this time.Removing the amount of writeoffs for the rich only hurts donations to women shelters, little league,salvation army and so on.Wake up people and maybe we can stop all this goverment spending before it is too late.
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Dionys9 months, 2 weeks ago
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"The stock market had its worst January since 1896 followed by its worst February since 1933 due largely to the historic spending and tax initiatives proposed by the Obama Administration."
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Umm. No.
Due to the continuing influence of failed BushCheneyCo policies that led directly to the economy tanking, high unemployment rates and other indicators tanking as we saw in the last days of the Bush administration.
