Faith in Obama Drops As Reform Fears Rise

[Mike (Premo)]

Public confidence in President Obama's leadership has declined sharply over the summer, amid intensifying opposition to health-care reform that threatens to undercut his attempt to enact major changes to the system, according to a new Washington Post-ABC News poll.

Among all Americans, 49 percent now express confidence that Obama will make the right decisions for the country, down from 60 percent at the 100-day mark in his presidency. Forty-nine percent now say they think he will be able to spearhead significant improvements in the system, down nearly 20 percentage points from before he took office.

washingtonpost.com - nation, world, technology and Washington area news and headlines

Waterloo is coming... Too bad zerO is taking so many people down with him.

[chernmax (Premo)]

I was sure it would be lower!!!

[Mike (Premo)]

Originally Posted by chernmax

I was sure it would be lower!!!

It is amazing that it is still so high.

[itsbob (Premo)]

Originally Posted by Mike

washingtonpost.com - nation, world, technology and Washington area news and headlines

Waterloo is coming... Too bad zerO is taking so many people down with him.

He still thinks he was elected because people agreed with what he said and believed..

Sooner or later he'll realize he was only elected because he was black, very few believe what he says, and less care, and fewer still support him or his views.

[Sonsie]

Originally Posted by Mike

washingtonpost.com - nation, world, technology and Washington area news and headlines

Waterloo is coming... Too bad zerO is taking so many people down with him.

Conversely CNBC's Cramer noted this:

Cramer has identified a correlation in the market that can be tracked quite reliably from the March low. What is it? Obama’s disapproval rating. How closely does Obama’s disapproval rate align with the actual market? If you take a close look, Cramer points out that the charts are practically identical, with disapproval for the President rising in tandem with the market’s huge run from the big March bottom. Coincidence? Cramer doesn’t think so.

The President’s agenda had investors worried about many parts of the market, but as the President becomes less popular - and correspondingly less powerful - the threat to those industries has waned and the entire market has rallied, says Cramer. LINKS

OMG! You know what that means... the stock market is racist too!!! Where is Alexa to weep and wail over this?