Obama; into catastrophy.

Obama is fast losing credibility on the economy right along with the Media. Carl Rove recalls how Obama told us that the Stimulus(Porkulus) bill would create millions of jobs this year. How well this Bill worked can be told by how the ObamaSpin changes. First, we were told that millions of jobs were created, then we were told that the stimulus is about to cut in then Obama changes the story that really the Stimulus bill was meant to work in two years. The hapless Biden has not gotten the latest spin, so he still talks about how well Porkulus is working. The Media is still trying to shield Obama, but is heaving a harder time as businesses continue to fold and people losing their jobs. It's like when ABC tried to excuse Obama's moment of girl watching at the G-8 with Sarkozy looking on smiling. Unlike in economics, the President needed no protection from ABC. Most of us guys have done that: the momentary look at the female form, ending with an earnest look at a car, the traffic, the ground, whatever. The idea is to get the look without alerting the person being watched. It was well done. I blame Sarkozy. ABC, get a life! But I digressed.

I no longer feel alone in seing where this is leading. Dick Morris (a Democrat) wrote a book on how Obama is taking us to catastrophy. Jim Rogers (a legendary trader) calls the Obama record a fast move toward Communism and this is what Mort Zuckerman (another Democrat) says:

"I don't think there is anything here that's going on that is deliberately going to help this, because I don't think that's the philosophy of this administration. I think we're heading in for a very, very difficult time. And what distresses me is that I don't get the sense that there's any planning on the part of the government to do something this time that really does focus on jobs, jobs, jobs; and doesn't put in a whole melange of Democratic wish list programs, et cetera, et cetera, that is so diluted the original stimulus program. A lot of people -- including a lot of people who are favorable to this administration -- pointed that out at the very beginning."

The second Reconstruction is not going well.