Obamen in disarray and sniping at each other.

****The Stockholm Syndrome became well-known when, out of helplessness, victims started to identify with their oppressors. Less well-known is the Custer Syndrome where the outnumbered and surrounded troopers of the feckless Custer started to shoot at each other! The political debacle for Democrats in Massachusetts has produced denial and, now, sniping at each other with members of Obama's economic team disagreeing and Senators and Congressmen announcing withdrawal of support for Ben Bernanke's reappointment as Fed Chairman. When Obama announced his jihad against banks yesterday, it was reminiscent of the photographs of the old USSR where Paul Volcker was next to Obama and Geithner was far away, indicating who was in favor and who not. As a commentator remarked, when one was relegated to the periphery of a group photo the next remove was to Siberia. Obama and the Democrats are casting about for a scapegoat to blame for their political troubles ( the idea that the Massachusetts election was a response to eight years of Bush (!) was too absurd to survive even a full day of Obama's trying it. See Krauthammer's article )Now, they're trying to blame Bernanke and Democrats like Boxer (D, CA), in severe trouble for their own re-elections are choosing to shoot at the Chairman of the Fed although Congress is infinitely more responsible for the financial and job troubles ( they also cannot suggest a replacement who would be more --politically--acceptable.)Every crazy thing Obama is proposing or about to propose will only make the decline of the dollar and the job situation worse. It is increasingly clear to more and more that Obama doesn't understand finance OR economics and doesn't care!****
http://tinyurl.com/yeblwrk
Obama Seen as Anti-Business by 77% of U.S. Investors Heidi Przybyla
Jan. 22 (Bloomberg) -- U.S. investors overwhelmingly see President Barack Obama as anti-business and question his ability to manage a financial crisis, according to a Bloomberg survey.
The global quarterly poll of investors and analysts who are Bloomberg subscribers finds that 77 percent of U.S. respondents believe Obama is too anti-business and four-out-of-five are only somewhat confident or not confident of his ability to handle a financial emergency...//
http://tinyurl.com/yd4erw3