A Crisis of Confidence

Billions of dollars of wealth has evaporated.  Seventy-four percent of the people polled in a recent Rasmussen poll states people are concerned about the direction of the US economy.  People want the government to get spending under control.  Fifty-six percent of people polled feel they disapprove of Obama's job performance.

We have had huge dives in Wall Street numbers.  Are we heading for another recession.  President Obama is headed for a nine day vacation!!  We are concerned about the debt ceiling vote.  The American people expect of our leaders to have solved the problem of the debt.  We have a President who has failed to do his job.  He is INCAPABLE of doing his job.  Both the Congress and the President are in bad shape.  Dow has finished at 10,719.94 today.  Federal Reserve pledges to keep interest rates low for at least the next two years.  Obama has had the worse week ever domestically.   Thirty five percent of the people polled approve of his work on the economy.

Key voter groups have drifted away from Obama.  Independents approve of him only 34%.  He simply has not shown strength.  Congressional approval rating is at 10%, according to a recent Fox poll.  Fox's overall approval rating for the President fell to 42% from 45% in July. People actually thought Obama had a plan when they voted for him.  And, more importantly, he has become the elitist he has knocked in his push to tax the super rich...which has become.  He is rich, he is out of touch with the American people.  People are hurting, people don't have jobs.  Or, if they do, they worry if tomorrow they'll be unemployed.  Our 40lKs are failing us.  There is no confidence in him here nor abroad.  What are we to do?