Another Bad Week For Obama
September 16, 2011 2 Comments
It’s been a tough week for President Obama. His jobs plan is opposed by 51% of the country and Democrats are bailing on it. His party lost the NY-9 Congressional race in a district that hasn’t elected a Republican since the Harding administration. The Obama campaign’s ridiculous Attack Watch web site has been universally mocked and ridiculed. Can it get any worse for this President? Unfortunately for him, it appears the answer is yes.
This week weekly unemployment job claims “unexpectedly” increased. Over 428,000 Americans filed new unemployment claims last week. Wall Street believed the number would drop, instead it rose by over 10,000. This of course indicates that the economy is not picking up and unemployment likely will not decrease in the month of September. After nearly three years of the Obama administration, the stagnating economy is a very poor reflection on the President’s handling of economic matters.
The Solyndra case is hitting the fan as it becomes increasingly obvious that the administration pushed for a sweetheart deal for the company as payback for George Kaiser’s bundling of millions in campaign cash for Obama. Not only did the White House push regulators to approve the loan but they knew it was extremely risky for taxpayers. Their only concern was that Solyndra might go bankrupt in 2012 during the election. Solyndra isn’t the only green company that has gone bankrupt after the Obama administration pushed for loans. Five others have, all involving districts that voted heavily for the President and involving people who bundled cash for the President.
Meanwhile an Air Force General claims that the administration pressured him to change his testimony concerning a project being pushed by a major Democrat donor which will interfere with the military’s GPS system. The administration wants the project to go through, likely because the folks pushing it are major donors to Obama and the Democrats. So they pressured an Air Force General to change his testimony so that it favors the project. Gen. William Shelton was having none of it and didn’t alter his testimony. But he did say the administration pressured him to change it. National security means nothing to the Obama administration if it interferes with their campaign donations.
So what should the President do to stop the free fall. He can start by firing someone. He can begin by firing anyone associated with the Solyndra case, especially those in the White House emailing about the matter. He should fire whoever pressured Gen. Shelton to change his testimony. He should have fired Treasury Secretary Tim Geithner a long time ago but he needs to be fired along with Obama’s entire economic team. The President needs new ideas because the public isn’t buying his Stimulus retread.
Obama will likely fire no one of importance. He may make a grand gesture by firing one or two low level staffers associated with Solyndra but he isn’t going to fire anyone from his economic team. It will cost him in the short and long run. In the short run Obama looks like he isn’t doing anything concerning jobs and the economy. His retread of the Stimulus isn’t being bought and polls are reflecting that. In the long run, when unemployment doesn’t get any better and the economy continues to stagnate it will cost Obama at the ballot box. It’s been a rough week for the administration and Obama isn’t likely to do anything to make it better.