Thursday, August 6, 2009

Obama's Approval Ratings are Plummeting

This is a huge drop in voter approval ratings in just one month:

"Exactly half of the registered voters surveyed from July 27 to Aug. 3 by Quinnipiac said they approve of the job Obama is doing, compared with 42 percent who disapprove. That’s down from 57 percent approval and 33 percent disapproval in a poll taken in late June, according to results released today."

http://www.bloomberg.com/apps/news?pid=20601087&sid=apHNO9NOUupo

Is the public getting angry about the massive transfer of wealth from the taxpayers to Wall Street, which has accelerated under Obama? I saw a statistic a couple days ago which showed that the Youtube.com viewings of Obama's daily pep speeches have been plunging as well.

To be fair, Obama was thrust into the Presidency with no real leadership or broad policy decision-making experience or track record. I'm not sure this was a good choice by the electorate at this point in time. HOWEVER, Obama has made tragic decisions every step of the way, starting with his appointment of Larry Summers to be his Chief Economic Advisor back in November 2008. Here's some info on Larry Summers you might have missed:

http://www.alternet.org/workplace/140327/is_larry_summers_taking_kickbacks_from_the_banks_he's_bailing_out/

I don't believe Obama will be able to recover his Presidency unless he completly cleans house in his Administration and asks the Public for a "do over." Unless he takes this drastic measure, the continued raping and pillaging of taxpayer wealth by Wall Street will continue unabated and our inexperienced little savior from Chicago may actually turn out to be less popular than his predecessor was at the end of his term.

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