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Obama: Economic crisis 'not as bad as we think'
WASHINGTON (AP) - Confronting misgivings, even in his own party, President Barack Obama mounted a stout defense of his blueprint to overhaul the economy Thursday, declaring the national crisis is "not as bad as we think" and his plans will speed recovery. Challenged to provide encouragement as ...
Goodwin: More than a bad day
Goodwin: More than a bad day
nydailynews.com — Not long ago, after a string of especially bad days for the Obama administration, a veteran Democratic... pol approached me with a pained look on his face and asked, "Do you think they know what they're doing?" (more) Goodwin: More than a bad day
Even with economic crisis, President Obama is more popular than ever
Even with economic crisis, President Obama is more popular than ever
nydailynews.com — Celeste Katz DAILY NEWS POLITICAL CORRESPONDENT Updated Wednesday, March 4th 2009, 2:34 PM Mr. President, Americans think... you're the man. President Obama is more popular than ever, according to a new poll that shows two-thirds of the country feels ... (more) Even with economic crisis, President Obama is more ...
World hunger, the crisis inside the economic crisis - Los Angeles Times
latimes.com — This is a disaster for the bottom billion, the one out of six humans living on less... than $2 a day. But as always, the poor have a problem getting our attention -- especially when the rich have lost half their wealth. Today's attention deficit is this: ... (more) World hunger, the crisis inside the economic crisis - ...
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Um, what?
doubleplusundead — Um, what? Behold, the greatest orator of our time , and perhaps, of all time: Obama, speaking to top executives of the Business Roundtable, expressed an optimistic vision and called for patience. Richard Parsons, chairman of beleaguered Citigroup Inc., asked if Obama could offer some help in a national battle "between confidence and fear." "A smidgen of good news and suddenly everything is doing great. A little bit of bad news and ooohh , we're down on the dumps," Obama said. "And I am obviously an object of this constantly varying assessment. I am the object in chief of this varying assessment." "I don't think things are ever as good as they ...

Obama cancels economic catastrophe!
The AnchoressDid I say catastrophe? No, man, it’s not so bad. It’s all good, really! People overreact! The economic crisis is downgraded. No longer a catastrophe. Let’s dance! Check back later - I just know I’ll have some good links on this one!

As The Obama Turns
Riehl World View — Great, either Obama hasn't a clue what he really thinks. Or perhaps he ran so he could pull the world's largest ever stock scam over the next four years. Q: Would you put it past him at this point?   Now you tell us: What do you know? The crisis is not as bad as we think! (DIRE EMERGENCY CANCELLED, comments Drudge). I feel better already! (this is more of that poor salesmanship at work) Talk about unsteady! ...

The Manipulator-Fearmonger-Deceiver in Chief
WizbangThis is something many of us predicted. All of a sudden Obama declares the economy is not as dire as feared. I just thought he would wait long enough to believably give credit to the stimulus bill. Confronting misgivings, even in his own party, President Barack Obama mounted a stout defense of his blueprint to overhaul the economy Thursday, declaring the national crisis is "not as bad as we think" and his plans will speed recovery. Challenged to provide encouragement as the nation's "confidence builder in chief," Obama said Americans shouldn't be whipsawed by bursts of either ...

THE EMILY LITELLA PRESIDENCY: Obama: Economic crisis ‘not as bad as we think’….
Instapundit — THE EMILY LITELLA PRESIDENCY: Obama: Economic crisis ‘not as bad as we think’.

The “Object in Chief” Declares the Economy Isn’t So Bad After All.
The Sundries Shack — Well, why didn’t he tell us this before he panicked the country into believing that dumping a couple of million bucks on his favorite activist groups and campaign donors would be a great idea? But Obama, speaking to top executives of the Business Roundtable, expressed an optimistic vision and called for patience. Richard Parsons, chairman of beleaguered Citigroup Inc., asked if Obama could offer some help in a national battle “between confidence and fear.” “A smidgen of good news and suddenly everything is doing great. A little bit of bad news and ooohh , we’re down on the ...

Carefully Calibrated Crisis
Power Line — The administration is committed to the proposition that one should never let a crisis go to waste, but this nakedly partisan and opportunistic approach has drawn a lot of criticism. Also, President Obama has so consistently emphasized (some say exaggerated) the perils of the current economy that many blame him for the stock market's catastrophic decline--before yesterday, anyway--and other problems plausibly associated with such official pessimism. So it seems that the administration is trying to calibrate its message to achieve essentially incompatible goals: Confronting misgivings, even in his own party, President ...

Friday morning links
Maggie's Farm — Re Yale: "Get the hell over yourselves, you whiny, parasitic little bitches.”  More on Yale's peculiar preoccupation with sexuality from Yalie Never Yet Melted. Finally, we have affordable housing. (h/t, Coyote) This guy Rep. Thaddeus McCotter, posted by Roger here yesterday, is a piece of work. Where has he been hiding? Wisdom from AVI: I know how dangerous I am when I make pronouncements without examining my own motives. Do I fear poisonous ideas being left out on the buffet for anyone to take? A bit. There should at ...

Oops!... Obama Says Economic Crisis Not So Bad After All
Gateway Pundit — Oopsy. After blowing a couple of trillion, Obama now says the economic emergency is "not as bad as we think." It seems like it was just yesterday that this was a "crisis of epic proportions": But, thanks for passing that trillion dollar spending bill that put the government into massive debt. Breitbart reported: Confronting misgivings, even in his own party, President Barack Obama mounted a stout defense of his blueprint to overhaul the economy Thursday, declaring the national crisis is "not as bad as we ...

Okay, I Am Perplexed
A Chequer-Board of Nights and Days — Thus far, the Obama Administration has been telling us that we are in a crisis. Now? Not so much : Confronting misgivings, even in his own party, President Barack Obama mounted a stout defense of his blueprint to overhaul the economy Thursday, declaring the national crisis is "not as bad as we think" and his plans will speed recovery. Challenged to provide encouragement as the nation's "confidence builder in chief," Obama said Americans shouldn't be whipsawed by bursts of either bad or good news and he was "highly optimistic" about the long term. The president's proposals for major health care, energy and education changes in the midst of economic ...

Heh: Obama Polls Numbers Below Where Bush's Were in 2001
JammieWearingFool — For all the propping up by the media, for all the slavish fawning from Hollywood, the left and the nonstop slobbering ovaer Obama, it's all going down the tubes. He's less popular than George W. Bush was at the same juncture of his presidency eight years ago. And don't forget that was coming off the Florida recount after Al Gore tried to steal the presidency. It is simply wrong for commentators to continue to focus on President Barack Obama's high levels of popularity , and to conclude that these are indicative of high levels of public confidence in the work of his administration. Indeed, a detailed look at recent survey data shows that the opposite ...

Object In Chief’s Whipsaw Concerns
Jules Crittenden — [image] « Obama Lite Object In Chief’s Whipsaw Concerns AP reports Obama doesn’t want you to be “whipsawed” by good news/bad news, and does want you to have confidence in his plans. The economy isn’t as bad as we think. Obama to the Business Roundtable:“A smidgen of good news and suddenly everything is doing great. A little bit of bad news and ooohh , we’re down on the dumps … And I am obviously an object of this constantly varying assessment. I am the object in chief of this varying assessment.” “I don’t think things are ever as good as they say, or ever as bad as they say,” Obama added. “Things two years ago were not as good as ...

Americans See 18% of Wealth Vanish
The Democratic Daily — The WSJ reports that Americans have seen 18% of their wealth vanish in 2008. That’s a rather conservative estimate because they go on in the piece to note some folks have lost upwards of 35% of their wealth. I’ve talked to friends who have lost 40% or more in the past few months. Given this terribly bleak news about how Americans are seeing their life’s savings and investments disappear, coupled with news like the tent cities popping up around the nation and ever rising unemployment rates, I don’t understand how President Obama can say the “economic crisis ‘not as bad as we think.’” ...

Open Thread
NewsBusters.org - Exposing Liberal Media Bias — For general discussion and debate. Possible talking point: Great Depression II has been called off!!! Challenged to provide encouragement as the nation's "confidence builder in chief," Obama said Americans shouldn't be whipsawed by bursts of either bad or good news and he was "highly optimistic" about the long term. Confronting misgivings, even in his own party, President Barack Obama mounted a stout defense of his blueprint to overhaul the economy Thursday, declaring the national crisis is "not as bad as we think" and his plans will speed recovery. You believe this? For almost ...

“Crisis Of Epic Proportions”…Not So Bad After All
Nice Deb — Well, now that Obama has rammed through all of the big government programs he can get away with at the moment, the  financial catastrophe that he warned was on the horizon if his bills weren’t passed, has been downgraded to: “not as bad as we think”. Phew…we really dodged a bullet, ...

Obama Economic Adviser Bemoans 'Excess of Fear'
JammieWearingFool — You've got to be kidding me. Hey, Larry, go talk to your boss about the excessive fear . President Barack Obama's top economic adviser said Friday the nation's economic crisis has led to an "excess of fear" among Americans that must be broken to reverse the downturn. "Fear begets fear," Lawrence Summers, the president's director of the National Economic Council, told a forum. Uh, who's been the one preaching fear ? "It is this transition from an excess of greed to an excess of fear that President Roosevelt had in mind when he famously observed that the only thing we had to fear was fear itself," Summers said. "It is this transition that has ...

Which Fib Will He Stick With?
California Conservative — President Obama spent the first month of his administration telling people that the only way to avoid economic catastrophe was to pass Prime Minister Pelosi’s stimulus bill. He said we were facing the worst economic conditions since the Great Depression. According to this AP article, President Obama says that things aren’t so bad. My question is simple: Which fib will he stick with? Confronting misgivings, even in his own party, President Barack Obama mounted a stout defense of his blueprint to overhaul the economy Thursday, declaring the national crisis is “not as bad as we ...

Economic Disaster? "Never Mind!"
Stones Cry Out — Gilda Radner’s character from old Saturday Night Live shows, Emily Litella, was a hard-of-hearing commentator on the show’s Weekend Update segment.  She would, for example, go on and on with her outrage that the Supreme Court was considering a "deaf" penalty case, or with her support of "Youth in Asia".  When Chevy Chase nudged her and let her know that it was instead a "death" penalty case or "euthanasia", realizing she’d misheard the subject, she meekly turned back to the camera and gave her trademark line, "Never mind." Apparently, Miss Litella went on to become ...

Obama Says “Nevermind” Regarding “The Worst Economic Crisis Since The Great Depression”
Flopping Aces — ... And just as many of us predicted, after he talked down the economy and told the world we are in another Great Depression which then allowed his Generational Theft Act to get pushed through Congress and Socialism to be enacted from coast to coast, he now says…..Hey! It’s really not all THAT bad ya know: ...

From "The Decider" to "The Object in Chief"
AMERICAN DIGEST — A confused nation says, "Huh?" Obama: Economic crisis 'not as bad as we think' "A smidgen of good news and suddenly everything is doing great. A little bit of bad news and ooohh , we're down on the dumps," Obama said. "And I am obviously an object of this constantly varying assessment. I am the object in chief of this varying assessment." Coming soon, a teleprompter embedded in the brain.

Crisis Averted!
Nice Deb — Obama, back in February, (pre Stimulus, and Omnibus Spending bills): Obama March 12: “A smidgen of good news and suddenly everything is doing great. A little bit of bad news and ooohh , we’re down on the dumps,” Obama said. “And I am obviously an object of this ...

Michael J. Panzner: Spin Country
Politics on HuffingtonPost.com — In the award-winning ABC sitcom, "Spin City," fictional New York City Deputy Mayor Mike Flaherty (played by actor Michael J. Fox) and other staffers spent much of their time trying to convince the public that things were better than they seemed. Demonstrating how life often imitates art when it comes to politics, the cast of the Wall Street-Washington comedy show devoted a great many hours this week to putting lipstick on the pig of a worsening economic reality. On Tuesday, for example, word "leaked out" from the head of Citigroup, Vikram Pandit, that the beleaguered financial institution was having its "best ...

An About Face on Fear
American Thinker — Email Friend | Print Article | | Digg! | March 21, 2009 An About Face on Fear By Jeannie DeAngelis At a recent forum, when referring to the present tsunami of national economic fear, Lawrence Summers, the president's director of the National Economic Council said, "Fear begets fear." His comment had a very biblical ring to it, "Faith is the substance of things hoped for the evidence of things unseen" (Hebrews 11:1). In a similar context, Summers' words might read, "Fear is the substance of things feared." Fear wreaks negativity in the same way as faith contributes to the positive. Summers' fiscal premise being, fear ...

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