Posts Tagged ‘points’

A Little Factoid: 77% Of Investors See Obama As ‘Anti-Business’

January 23, 2010

Stocks have tumbled 552 points as Obama announced his crackdown on American banks.  As a CNBC financial expert put it, “Obamanomics is a Chilling Experiment.”

From the AP on January 22:

NEW YORK – Stocks suffered their fourth sharp drop in five trading days as investors caved to growing anxiety about President Barack H. Obama’s plans to restrict big banks and earnings reports that just aren’t good enough.

The Dow Jones industrial average dropped 217 points Friday, having lost 552 points, or 5.2 percent, over the past three days. Over the past five trading days, the Dow has fallen 537 points, having gained 115 points on Tuesday.

The drop gave the Dow its worst week since the index hit a 12-year low in March.

Investors are saying to Obama, “Please don’t do this,” but he is showing the same deaf-eared fanatic-ideologue determination that he demonstrated in driving his awful ObamaCare forward.

Is it any wonder that most investors – by an overwhelming margin – now believe that Barack Obama is simply hostile to business and to the market forces that allow for economic growth?

From Bloomberg, via Yahoo News:

Obama Seen as Anti-Business by 77% of U.S. Investors
Heidi Przybyla Heidi Przybyla   – Thu Jan 21, 6:25 pm ET

Jan. 22 (Bloomberg) — U.S. investors overwhelmingly see President Barack Obama as anti-business and question his ability to manage a financial crisis, according to a Bloomberg survey.

The global quarterly poll of investors and analysts who are Bloomberg subscribers finds that 77 percent of U.S. respondents believe Obama is too anti-business and four-out-of-five are only somewhat confident or not confident of his ability to handle a financial emergency.

The poll also finds a decline in Obama’s overall favorability rating one year after taking office. He is viewed favorably by 27 percent of U.S. investors. In an October poll, 32 percent in the U.S. held a positive impression.

Investors no longer feel they can trust their instincts to take risks,” said poll respondent David Young, a managing director for a broker dealer in New York. Young cited Obama’s efforts to trim bonuses and earnings, make health care his top priority over jobs and plans to tax “the rich or advantaged.”

Carlos Vadillo, a fixed-income analyst at Wells Fargo Securities LLC in San Francisco, said Obama has been in a “constant war” with the banking system, using “fat-cat bankers and other misnomers to describe a business model which supports a large portion of America.” […]

Obama’s 71 percent unfavorable rating among U.S. investors is almost matched by two members of his economic team. Both Treasury Secretary Timothy F. Geithner and Lawrence Summers, president of the National Economic Council. U.S. respondents give Geithner a 63 percent unfavorable rating and Summers 67 percent. In October, 57 percent held a negative view of Geithner and 66 percent said the same of Summers.

Like Obama, both men do better with Asian and European investors.

One financial figure to find favor among U.S. respondents is Federal Reserve Board Chairman Ben S. Bernanke, who garners a 68 percent approval rating, which is in line with his marks from non-U.S. investors and the rating U.S. investors gave him in the October poll. […]

The U.S. investors’ overwhelming characterization of Obama as anti-business stands in sharp contrast to the results of a Bloomberg National Poll in December, when 52 percent of U.S. adults said the president had the right balance in his approach.

Obama gets considerably higher marks in Europe and somewhat higher marks in Asia.  Like I give a damn about what socialists think about our socialist president.

Take the Europeans (PLEASE!).  They claim to welcome Obama’s attack against banks, but at the same time announce they have absolutely no intention of killing their nations the way Obama is killing America.

One quote in particular that comes out of the above article:

“The Obama plan is really back to the future. These sort of plans were implemented after the Great Depression and then taken away in the 60s. He is sort of reinstating the same plans to deal with this crisis,” the source said.

Obama is taking us back to the Great Depression to “solve” our recession.  The problem is that economists now realize that FDR’s constant bureaucratic interference was what kept America in the Depression seven years longer than what was necessary.

Anyone with half a brain (which understandably rules out most Democrats) should readily understand that the cost of Obama’s taxes on and interference of banks will only end up being passed on to American consumers in the form of higher fees, charges, and penalties.  Obama is really only taxing us through the banks.  And he’s using populist demagoguery in hopes of making us want to punish the banks so much that we forget that we’ll be seeing higher fees as a direct result of that punishment.

Obama has lost more jobs in one year than any president has lost since 1940.  He has presided over the destruction of 4.1 million jobs.

This is NOT a “future” we should ever want to go “back to.”

Our investors – who far and away have been forced to live under Obama’s policies – pretty much realize he sucks across the board.

What does Obama have to offer?  No solutions, just more problems, and more attacks.  All to the tune of “It’s Bush’s fault.”

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Democrats Sinking Down To Crazy Town In Polls

November 12, 2009

From Real Clear Politics:

November 11, 2009

Why Things Don’t Look Good For Dems In The Midterms

Independent political observers and Democrats themselves have been saying for months that 2010 is shaping up as a bad year for Democratic candidates, and the latest Gallup generic congressional ballot test only reinforces the point. Not only do Republicans lead 48 percent to 44 percent, but independents now favor the GOP by 52 percent to 30 percent.

Although generic Republican candidates hold just a 4-point lead, the GOP’s perpetual turnout advantage means their lead would likely be higher if the midterm elections were today. Even a single-digit lead for Democrats in Gallup’s testing often only means the two parties will be competitive, as more registered voters identify with the Democratic Party but more Republicans go to the polls on Election Day.

In the final Gallup survey before the 1998 midterms, Republicans trailed by 9 points but still went on to win a small majority of House seats. In the 2002 midterms, Republicans were down 5 points just before the election but again kept a slim majority in the House.

A year before the 2006 midterm elections –when Democrats regained control of both houses of Congress — generic congressional ballot testing forecast the shifting mood of the country. An August 2005 Gallup survey found Democrats leading by 12 points — one of the widest margins between the parties Gallup had found since the GOP took back Congress in 1994.

That survey was far from the only one to show a shifting mood. This is the first Gallup survey to show Republicans leading this cycle, and while a year is a long time in politics, the poll falls in line with other signs pointing in the GOP’s direction.

“It’s better to look at a series of these polls than one of them, but the fact is Republicans haven’t led the generic ballot since the stone ages,” said David Wasserman, who analyzes House races for the Cook Political Report. “Any sort of deficit is dangerous for Democrats because their support is more heavily concentrated within a few base districts.”

The last time Republicans led was September 2008, just after the Republican National Convention. The poll was an outlier, as no other generic ballot test by any other polling firm had shown Republicans leading in at least four years. None did soon after, either, and Democrats went on expand their majority to more than 75 seats in the House.

Further significance in the poll is the shift among independent voters. The 22-point advantage for Republicans is a far cry from July, when the two parties were statistically tied. The migration of independents toward the GOP mirrors what occurred in the New Jersey and Virginia gubernatorial elections last week, when a Republican knocked off the incumbent governor in the Garden State and the GOP nominee won by nearly 20 points in the Old Dominion.

The independent swing shows in the new Pew Research survey also released today. It found incumbents — most of which are Democrats these days — in a perilous place, with just 52 percent saying they want their representative re-elected and only 34 percent say most representatives should be re-elected.

“Both measures are among the most negative in two decades of Pew Research surveys,” Pew reports. “Other low points were during the 1994 and 2006 election cycles, when the party in power suffered large losses in midterm elections.”

The latest Gallup survey was conducted Nov. 5-8 of 894 registered voters with a margin of error of +/- 4 percent. The Pew poll was taken Oct. 28-Nov. 8 of 1,644 registered voters.

First of all, let’s look at how the Democrats have “progressed” in a single picture from Gallup:

You’ve got a 10 point swing in the four months that Democrats have fixated on Obamacare, with Democrats losing 6 points, and Republicans gaining 4 points.

And when you see independents now trending Republican over Democrat by more than 20 points, all you can say is WOW.

Obama currently has an approval of -9 (meaning that 9% more voters strongly disapprove of him than strongly approve.  And only 47% of voters at least somewhat approve of him.  That according to the best pollster, Rasmussen, which nailed the results of the 2008 election.

Humorist Dennis Miller, commenting following the disastrous-for-Democrats 2009 off year-election, said that Obama has “smaller coattails than a naked midget.”  If Democrats are counting on Obama to win them re-election, they’d better think some more.

Just keep drinking that Kool-aid, Democrats.  And if it tastes like it has cyanide in it, don’t trouble yourselves.

The current Democrat fairy tale is that the reason Democrats took such a historic pounding in 1994 was because Democrats had failed to pass their massive government takeover of health care.  But the fact is that they got driven out of office because they’d TRIED to pass such an evil monstrosity, and the public didn’t want any more of their poison.

And now here we are again.  And the 2009 off-year elections actually shows Republicans having even greater success than they did at the 1993 off-year elections, which preceded and anticipated the massive rejection of Democrats in 1994.

The funny thing is that during the last two elections from 2006 and 2008, it was Republicans ignoring or explaining away the polls.  Now it’s Democrats.

Go ahead and be the proverbial ostrich, Democrats – or worse yet be this guy

Democrats_Head-up-ass

– but the way things are going, you won’t like the “change” you’ll be confronted with when you finally pull your heads out.

 

Note To Democrats: Throttle Back Or Go Off Cliff

November 3, 2009

Obama won Virginia by 6 points.  Virginia hadn’t had a Republican governor for 12 years.  Both Virginian Senators are Democrats.

Now there’s change.  McDonnell wins by 18 points, in a 24 point turnaround since Obama’s win last November.  And McDonnell had a 66-30 lead among independent voters.

Obama won New Jersey by 16 points.  Blue state through and through.  Governor Corzine spent $23.6 million of his own money on his campaign; by contrast, Republican challenger Chris Christie had a total of $8.8 million.  President Obama made five trips to New Jersey, and the administration put more effort into this off-year election than any in history.  But in spite of all the advantages, Christie benefited from a 60-30 advantage in independent voters showing up to vote for the Republican.

No matter.

Now there’s change.  Christie wins by 5 points, amounting to a 21 point turnaround from Obama’s win last year.

Four races called, four Republicans elected.  Oops.  Make that five. Republican New York Mayor Bloomberg is about to hold on to win reelection.

We can also add the Maine defeat of gay marriage.  That’s a thirty for thirty smackdown of liberal activists trying to foist gay marriage onto states.  Gay marriage is supported only by Democrat politicians, activist judges, and of course Beelzebub.

Some are calling this a referendum on Barack Obama.  Others aren’t.  I don’t particularly even CARE about that, given the fact that we can’t get Obama out of the White House for three more years.

But there’s little question that this IS a referendum on hard-core liberal agenda items such as health care and cap and trade.

Nancy Pelosi and Harry Reid drink their Kool-aid by the barrel.  But any moderate Democrat who votes for any kind of leftist health care package has to know that they will be dead meat when their next turn to face the voters comes up.

Democrats won the NY-23 seat.  But that is like a drop of spit in a bucket compared with what happened in Virginia and New Jersey.  The Democrat taking NY-23 would have been big if Jon Corzine had held on to New Jersey.  But only a nut wouldn’t see that losing a district is little compared to losing a state.

Democrats and mainstream media “journalists” are portraying the Conservative Party candidate Hoffman losing NY-23 as evidence of a civil war within the Republican Party.  And maybe it is.  But as usual, Democrats are looking at the speck in the Republican Party’s eye, and ignoring the giant log in their own.

MoveOn.org is sending out emails today seeking more contributions for its campaign to defeat any Democratic senator who does not fully  support Obamacare. Yesterday the left-wing activist group asked members to contribute “to a primary challenge against any Democratic senator who helps Republicans block an up-or-down vote on health care reform.” Today, MoveOn reports that it has received $2 million in pledges in less than 24 hours. “It’s a clear sign of how angry progressives would be at any Democrat who helps filibuster reform,” MoveOn executive director Justin Ruben writes in the new email.

I’d be worried about what’s going on inside the conservative movement, if it weren’t for what I see going on inside the liberal movement.

I hate to tell you, Democrats.  But if you’re counting on the Republican Party to self-destruct, you’re a fool.

I’m very happy, and maybe that happiness gives me a little more of the sense of graciousness and humility that I would much prefer to have over any attitude of bitterness or vengeance.

There’s room for Democrats.  There’s even room for a Democrat majority.  Just be sane in how you govern.  This is a center right country.  If you can’t govern to the center-right, at least shoot for the center.

Our spending has been insane.  The deficits this administration and this Congress are building is insane.  The nearly 2,000 page health care boondoggle the Democrats are trying to impose on the nation is insane.  And the cap-and-trade legislation that was being prepared this week for another legislative effort is insane.

Stop the madness.  Please.

Republicans and Democrats can and should come together on a host of issues.  Some of them might surprise a lot of people.

John F. Kennedy was a supply-side tax cutter who understood that the economy grew and improved when people were allowed to keep more of their own money.  Rather than constantly “looking forward,” Democrats might look back and learn a few lessons from their greatest president in the last half-century.

We all want jobs, regardless of our party affiliation or lack thereof.  We can and should agree that the only jobs that are truly sustainable must come from the private sector.  Do the math: government sector jobs are funded by taxes.  And taxes are paid by people who earn money from … that’s right, from the private sector.

Republicans were right about the stimulus.  To the extent that the giant $787 billion (actually $3.27 trillion) “porkulus” created jobs or growth, it was the result of inflating the size and scope of government.

Republicans and Democrats alike ought to agree: we can and should do better.  We should either refund that stimulus to our foreign lenders, or at least redirect it to non-partisan private sector job creation.  I would much prefer the former, but doing the latter would at least take away some of the anger I’ve been carrying around for the last nine months.

Health care?  There have been zero Republican solutions considered.  And zero solutions that involved trying to actually lower the cost of health care.  That needs to change.  Dramatically.

We don’t need European-style socialized medicine in this country.  In 1787, Thomas Jefferson wrote that “With all the defects in our Constitution, whether general or particular, the comparison of our government with those of Europe, is like a comparison of Heaven with Hell.”  And his view is as true today as it was 222 years ago.

Government has never been America’s savior.  And it shouldn’t try to become our savior now.

As for job-killing cap-and-trade, it is a simple fact that fewer and fewer Americans believe in man-caused global warming.  Polar bears have increased their numbers fivefold while global warming alarmists have predicted their extinction.  It’s time to stop the madness, and focus on creating more jobs rather than creating more carbon offset credits.

Republicans and Democrats alike should both want to see less waste and corruption in our government.  Democrats promised to deliver both, but neither has come anywhere close to happening.  We need to end the waste and fraud that comes from too much government, and not enough common sense.  Not only did Democrats appoint a tax cheat to be the Secretary of the Treasury, but as we speak, the man in charge of writing our tax laws, Charles Rangel, is in all kinds of trouble over a whole host of felonious tax-related activity.  Deal with him.  Deal with all of them, regardless of their party or their position.  Drain the swamp.

Stop marginalizing conservatives and listen to them.  Quit calling tea party rallyers “tea baggers” and realize that their anger isn’t good for you.  Or for anybody.  Don’t try to ram a radical agenda down their throats and then demand that they either support it or be branded as “racist.”

Do you want a war, Democrats?  Do you want an amped-up conservative majority (and conservatives ARE the majority) out to utterly destroy you?  Fine.  I think what happened tonight proves that you’ll lose that war.

Democrats are willing to negotiate with terrorists and the leaders of rogue regimes.  If you’re going to do that, you should at least be consistent and be willing to genuinely negotiate with Republicans and leaders of conservative movements.  If you don’t agree, you have been drinking out of Harry Reid and Nancy Pelosi’s Kool-aid.

As a conservative, traditional family, religious Republican, I understand that Democrats think differently about a bunch of things, and that as the party in current control of all three branches of government, this is their chance to have their shot at showing what their philosophy will accomplish.

But don’t be stupid about it.  Because if you are, you are going to end up paying dearly.

McCain vs. Obama In the Polls: What’s Going ON?

October 8, 2008

I keep hearing about today’s Gallup poll that says Barack Obama holds a 9 point lead over John McCain – a lead which has been growing and growing.  I hear mainstream media professional bloviators assure us the race is basically over.

Man.  It doesn’t sound good for McCain – or me – I think.  And then I look at today’s Zogby poll:

Reuters/C-SPAN/Zogby Poll:
Obama 48%, McCain 45% as Presidential Race Enters Final Month

The three-day telephone tracking poll shows neither candidate with a clear advantage in the national horserace

UTICA, New York – The race for President of the United States remains far too close to call between Democrat Barack Obama and Republican John McCain as the contest enters its last four weeks, and with a pair of crucial debates immediately ahead, the first report of the fall Reuters/C-SPAN/Zogby daily tracking telephone polls shows.

The survey, including a three-day sample of 400 likely voters collected over each of the previous three days – Oct. 4-6, 2008 – shows that Obama holds a slight advantage amounting to 2.4 percentage points over McCain. This represents a bit of a recovery by McCain, who had been sliding in some polls before his running mate, Sarah Palin, put in a strong performance in her one and only debate performance last Thursday. Though a Zogby poll showed that Democratic vice presidential nominee Joe Biden actually won that debate, it also showed Palin far and away exceeded expectations, and that has apparently helped stop McCain’s decline in the polls.

Three Day Tracking Poll

10-6

Obama

47.7

McCain

45.3

Others/Not sure

7.0

The Reuters/C-SPAN/Zogby poll, conducted by live telephone operators in Zogby’s in-house call center in Upstate New York, included a total of 1,237 likely voters nationwide, and carries a margin of error of +/- 2.8 percentage points.

So Gallop has Obama creaming McCain in a landslide; Zogby has a 2.4 point race within the margin of error.

Zogby toots its own horn, but states a fact:

Zogby International was the most accurate pollster in every one of the last three presidential election cycles…

I have frankly become sick of looking at polls, when the numbers are all over the place, and I feel like the purpose of most of them is to play statistical games to misrepresent the real story.