Obama Speech Not Reagan-esque - Dow Dips Further

WedNEWSday - February 25th, 2009

Barack Obama spoke to Congress last night, attempting to appease the likes of Bill Clinton by painting a more positive picture of the economy.  The role of cheerleader was fitting as the DJIA closed at a 12 year low the preceding day.  The media was intent on helping out, as they made it clear in the pre-speech coverage, that we should expect a Reagan-esque speech.

It is clear that President Obama has an identity crisis.  He wants to be Franklin Delano Roosevelt one night and Abraham Lincoln the next.  The latest transformaton, which inarguably fell short, was roleplaying Ronald Reagan.  When one is not comfortable in his own skin, he compensates by emulating someone else.  Apparently when you lack core principles and values you disguise it by defaulting to chameleon mode.

Obama trying to model himself after Ronald Reagan is laughable, as he could not be more of a foil.  Investors on Wall Street aren’t being fooled either.  Still unimpressed and uninspired by Obama and his administration’s failure to grasp basic economic principles, the DJIA declined again today, down 80 additional points.  President of New Jersey based Princeton Financial Group, Andre Bakhos, illustrates Obama’s ineffectiveness in saying:

“The market is starving for something tangible on which to hang its hat…  …There was little of anything tangible in Obama’s speech to bring hope to the market today.”

Ronald Reagan believed in free markets, individual freedom, and the intelligence and intestinal fortitude of the American individual.  Contrary to this, are Barack Obama’s plans for big government control and state servitude, his tactics of wealth confiscation and redistribution to gain personal political capital, and the trumpeting of the failed ideology of socialistic collectivism.  President Obama has no problem saying one thing or telling people what they want to hear and then doing the exact opposite or whatever is in his own best interest.

• Senate Blocks Funds for Obama to Close Gitmo WedNEWSday - May 20th, 2009 CRUSHING BLOW TO OBAMA The Senate voted on Wednesday to yank money for closing the Guantanamo Bay detention camp from a war spending bill, delivering a setback to President Obama in his efforts to shutter the prison by the start of 2010. By a vote of......
• Obama Speaks to Iran: Softly & Without a Big Stick Sunday Paper - June 21st, 2009 The Iranian people headed out to the streets again on Saturday in direct defiance of Supreme Leader Ayatollah Khameini.  This disobedience escalated the people's stance from dissatisfaction with election results to an up-rise which now challenges and threatens the legitimacy of the current regime. The Iranian......
• The State of President Obama’s Key Failures Sunday Paper - January 31st, 2010 President Obama’s State of the Union Address revealed five crucial failures in his competency as President. Failure to understand basic economics.  He advocated demolishing the foundation of our economy when he called for financial institutions to be banned from taking risks. Risk is part......
• The Obama Economy - Backlash Begins Sunday Paper - March 8th, 2009 I am a citizen of the United States who is frightened and appalled at the assault on capitalism and freedom launched by Barack Obama. I happen to have a microphone and I happened to accept an invitation to speak before a large group of......
• Obama's Ties to Communist Frank Marshall Davis Ignored Sunday Paper - August 23rd, 2009 Media Corruption and the Two Party System by Cliff Kincaid What drives President Barack Obama to want to seize control of the health care and energy sectors of the U.S. economy? Obama was trained as a Marxist from his days as a young boy......

• Chinese undermine hopes of Copenhagen climate deal [/caption] China has indicated that it is likely to scupper a far-reaching climate deal at Copenhagen as Gordon Brown downgraded his ambitions for the outcome of the 192-nation summit on global warming. The Prime Minister used a speech to ministers and fellow world leaders this morning to urge agreement around......
• 27th Annual PGA Grand Slam of Golf Preview The Port Royal Golf Course can be found on a little island shaped like a fishhook that is known as Bermuda. Bermuda is about to snag the elite foursome in this year's golf as the course on the southwestern end of this island is about to be the home for......
• Urban Meyer steps down at Florida [/caption] GAINESVILLE, Fla. - Florida coach Urban Meyer, who was admitted to a hospital because of chest pains following the Southeastern Conference championship game, is stepping down because of health concerns. Meyer resigned Saturday, calling it quits after five seasons in Gainesville and two national titles. He leaves Florida with......
• NASA Shortchanged, Obama Short on Specifics CAPE CANAVERAL, FL: Today President Obama laid out his vision for future space exploration after cutting NASA's mission to the moon. NASA had discontinued further deployment of the space shuttle to be able to afford their planned mission to the moon due to Congressional budget cuts, and now the moon......
• Arnold Palmer Invitational Rained Out Sunday After the rain beat down for 3 hours, Sunday's final day of play at the Arnold Palmer Invitational at Bay Hill had to be pushed to Monday. When the rain delay decision was made, Ernie Els was two shots ahead and will start play on Monday with that advantage.......