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Nation Weighs In

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Well folks, it's been a month and 5 days since Obama got in office. After a brutal two years on the campaign trail, he finally got his dream to become president. However, I would love to know what's going through his mind right now. The irony is that his platform slogans were "hope" and "change", and yet whenever he makes a speech the markets fall through the floor. If you've been watching the numbers at all, the economy is actually very consistent in how it shakes and rolls. After every economic speech of Obama, the drop rapidly. Bernacke came out yesterday to say that he highly doubted that the banks would be nationalized and the markets inched back up with a bit of real hope. Then, Obama came out last night and completely killed that momentum with his speech to congress. What is going on?

Was it something he said? I mean, come on! The guy basically surfed into the office on the tidal wave of "hope" and "change", and yet now all he does is bring the economy crashing down every time he makes a speech. Soon, he's gonna start up a blog so he doesn't have to make nationally televised speeches anymore. It's getting a bit ridiculous.

So far, what has the Obama administration done for us? They have passed the biggest "stimulation" bill in the history of this country, and blamed the entire mess on the Bush administration. Obama has no plan for reducing the debt outside of raising taxes on the wealthy and "cutting the budget" (whatever that means to a liberal). Many people will say, "It's only been a month! Give him time..." Guess what?!? That's my point! IT'S ONLY BEEN A MONTH. Imagine what this guy could do if given four years. I dread the thought.

From many different polls, the nation is weighing in. The majority thinks that Obama is the gloom-and-doom prophet on the issue of the economy. In a recent Rasmussen Poll, 55% said that the media makes the economy look worse than it is. While this isn't completely true (the economy is going downhill faster than we think), it shows that the majority of the American people don't believe everything the media chucks at them. This includes Obama's speeches.

If you saw the rant by Rick Santelli on CNBC the other day, you know what I'm talking about. The stockbrokers trust our new president about as far as they could throw the White House.

Next time, the solution to the economic problems we're facing.

-Cheers

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