The Wicked President of the West isn’t dead, but he’s melting, MELTING…
April 2, 2010 7:01 AM
Obama’s Approval Rating Hits New Low
Posted by Tucker Reals
CBS News Poll analysis by the CBS News Polling Unit: Sarah Dutton, Jennifer De Pinto, Fred Backus and Anthony Salvanto.
Last week, President Obama signed historic health care reform legislation into law — but his legislative success doesn’t seem to have helped his image with the American public.
The latest CBS News Poll, conducted between March 29 and April 1, found Americans unhappier than ever with Mr. Obama’s handling of health care – and still worried about the state of the economy.
President Obama’s overall job approval rating has fallen to an all-time low of 44 percent, down five points from late March, just before the health bill’s passage in the House of Representatives. It’s down 24 points since his all-time high last April. Forty-one percent of those polled said they disapproved of the president’s performance.
More results from this CBS News Poll will be released in Friday’s broadcast of the Evening News with Katie Couric, which airs at 6:30 p.m. Eastern.
When it comes to health care, the President’s approval rating is even lower — and is also a new all-time low. Only 34 percent approved, while 55 percent said they disapproved.
Americans are still worried about the economy, with 84 percent telling CBS they thought it was still in bad condition. However, even that high number represents an improvement: nine in ten thought the economy was bad during the last half of 2008 and at the beginning of 2009, when Mr. Obama assumed the Presidency.
Concern about job loss remains high; slightly more Americans now (35 percent) than in February (31 percent) were “very concerned” that someone in their household would lose a job. Nearly six in ten Americans said they were at least “somewhat concerned” about a job loss.
As has often been the case, lower-income Americans tend to be the most concerned about job loss.
This concern is reflected in yet another low approval rating — this time for the President’s handling of the economy. Just 42 percent said they approved of how President Obama is handling the economy, only one point above January’s all-time low. Half of the public disapproves.
It gets even better as we learn how truly outraged independents are over the incredibly polarizing and partisan tactics this incredibly dishonest, cynical weasel has used to “fundamentally transform” a free market economy into socialism. From the Washington Times:
Friday, April 2, 2010
Independent voters turn from hopeful to angry
Democrats no longer ride tide of support
By Jennifer Haberkorn
President Obama and congressional Democrats face an uphill climb to reclaim the support of independent voters who vaulted them to the White House and huge majorities in Congress in 2008.
At the end of the bitter, intensely partisan battle to pass Mr. Obama’s health care overhaul plan, independent voters, once captivated by hopeful campaign promises, are feeling burned and appear eager to oust Democrats in November’s midterm elections.
This is the time that we need to take a page from both Barack Obama AND Sarah Palin.
First we need to get “Fired up, ready to go.” And then we need to RELOAD before getting fired up again. And again. And again. And again, until the worst and most radical and most unAmerican president in history is long gone to go along with the Democrat disaster in Congress.
Obama and the Democrats KNEW that ObamaCare was reviled by the American people; and then they usurped the will of the people and used every parliamentary trick in the book to impose it anyway.
Now it’s the law of the land, and we’re starting to see what a stinking pile of crap it truly is. First we learned that Obama and the Democrats flat-out LIED when they said that children with pre-existing conditions would be covered as soon as the bill was passed. That’s just one of an avalanche of lies Obama told the country to push his health care takeover.
Then we learned that thousands of companies were going to be forced to take billions of dollars in writedowns forced upon them by ObamaCare. The tally so far:
Company Charge
AT&T $1B
Verizon $970M
John Deere $150M
Boeing $150M
Prudential $100M
Caterpillar $100M
Lockheed Martin $96M
3M $85M
Exelon Corp. $65M
AK Steel $31M
Eaton $25M
IL Tool Works $22M
Xcel Energy $17M
Valero $15M
Honeywell $13M
Goodrich $10M
Allegheny Technologies $5M
And the thing is that 3,500 companies are going to find out that they are in the same boat, to the tune of at least $14 billion in private sector profits that will be transferred to a power-hungry government instead of being used to create jobs and expand the economy.
The above is a gift that is going to keep giving – or rather keep taking profits away from businesses and jobs away from citizens.
Then we saw that ObamaCare had prompted a massive sell-off of US Treasuries:
Sell-off in US Treasuries raises sovereign debt fears
Investors are braced for a further sell-off in US Treasuries after dramatic moves last week raised fears that the surfeit of US government debt is starting to saturate bond markets.
By Ambrose Evans-Pritchard
Published: 9:06PM BST 28 Mar 2010
The yield on 10-year Treasuries – the benchmark price of global capital – surged 30 basis points in just two days last week to over 3.9pc, the highest level since the Lehman crisis. Alan Greenspan, ex-head of the US Federal Reserve, said the abrupt move may be “the canary in the coal mine”, a warning to Washington that it can no longer borrow with impunity. He said there is a “huge overhang of federal debt, which we have never seen before”.
David Rosenberg at Gluskin Sheff said Treasury yields have ratcheted up 90 basis points since December in a “destabilising fashion”, for the wrong reasons. Growth has not been strong enough to revive fears of inflation. Commodity prices peaked in January and US home sales have fallen for the last three months, pointing to a double-dip in the housing market.
And why is this?
The trigger for last week’s sell-off was poor demand at Treasury auctions, linked to the passage of the Obama health care reform. Critics say it will add $1 trillion (£670bn) to America’s debt over the next decade, a claim disputed fiercely by Democrats.
Dispute away, you loathsome liars. But the facts are on the table.
Why you’re explaining away how ObamaCare will cost massively more than you falsely claimed, maybe you can also explain away Obama’s stratospheric spending deficits that make Bush’s worst year look like stringent fiscal discipline.
What we are seeing is Thelma & Louise policies. Those are the kind of policies that see us insanely driving off a cliff at top speed.
Democrats own all of this now. They can’t blame anybody but themselves, because they were the only ones who voted for it, and who polarized the country to ram it down our throats.
What’s the result of the Democrats’ idiotic policies? Ask Treasury Secretary Timothy Geithner, who just told us that sky-high “unemployment is likely to remain unacceptably high for a long time.”
The unemployment rate “is still terribly high and is going to stay unacceptably high for a very long time,” Geithner said.
Of course, if unemployment is going to stay “unacceptably high” for “a very long time,” you’re pretty much accepting it, aren’t you?
You can accept an “unacceptably” awful one-party rule that is destroying the American way of life chunk by chunk, or you can refuse to accept the “unacceptable” and vote these radicals out of office in seven months.
Democrats are betting that you are too stupid and too short-sighted to hold them accountable.
Whether that’s true is up to you.
Start Thinking Right 