Tuesday, August 9, 2011

Obama reaction to downgrade

Given the gravity of the situtation, I am surprised the President showed up late to such an important conference.

He was a half hour late. His head turned from side to side as if he were attending a tennis match. He practically never looked in the camera, as if he were averting our gaze. And those were the strong parts of President Obama’s disastrous speech...

We have a tumbling stock market, over 9 percent unemployment and a flight to gold (some investment advisers say it will be at $2,500 per ounce by year’s end). All he can do is promise to raise taxes.

Obama’s horrifyingly bad speech - Right Turn - The Washington Post
Tue, 9 Aug 2011 04:43:48 UTC

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