Graffiti’s on the Wall: Consumer Confidence Drops to Lowest Since April 2009, Bill Clinton Sees Political Atmosphere Similarities for Dems between 2010 & 1994
Posted By Vicki McClure Davidson on February 23, 2010
Graffiti's on the wall, statists...
How long before Team Obama and leftists try to spin this unexpected, massive drop in US consumer confidence as *cough* George W. Bush’s fault?
Not a question of IF, but WHEN… The “blame game” is not working too well for the party of “hopenchange.”
From Bloomberg: U.S. Economy: Consumer Confidence Falls to Lowest Since April:
Feb. 23 (Bloomberg) — Confidence among U.S. consumers fell in February to the lowest level in 10 months, a sign that concern about job prospects may hold back the spending needed to sustain the recovery.
The Conference Board’s confidence index slumped to 46, below the lowest forecast in a Bloomberg News survey of economists, from 56.5 in January, a report from the New York- based private research group showed today. A separate report showed home prices rose for a seventh month.
Stocks fell and Treasuries gained after the confidence report also showed attitudes about current conditions fell to the lowest level in 27 years and the outlook for wages dimmed. The survey reinforces expectations Federal Reserve Chairman Ben S. Bernanke will repeat the central bank’s pledge to keep interest rates low for “an extended period” in testimony to Congress tomorrow.
The writing is on the wall, and the graffiti there for the survival of the Democrat party’s super-majority congressional hold is none-too-good.
Even former president Bill Clinton sees similarities in the here and now and that of 1994, but of course, he’s got to sound optimistic and not spell out the “history repeats itself” doom and gloom that appears imminent for the Dems. That’s probably why Billy Jeff was trotted out to meet with the Obama-despised “nasty, evil, non-news” FOX.
Major Garrett at FOX News interviewed the former president yesterday — an exclusive, they say — here’s the video:
FOX News: Uh-Oh… Clinton Detects Similarities Between 2010 and 1994
From Swamp Politics:
Former President Bill Clinton went for health-care reform his first year in office, failed, and lost the House to the Republicans in the midterm elections the next year.
President Barack Obama has gone for health-care reform his first year, failed so far — though the White House rolled out a new plan today and vowed to push it with or without Republican help — and polls show incumbents are in for a rough midterm ride.
But Clinton suggests that things won’t be as bad for Obama as they were for him during his party’s first midterm contest — and that Obama has an advantage with the early political storm warning in Massachusetts that cost the party its super-majority in the Senate, offering him time to prepare for the fight ahead.
“He’s a persuasive man and I hope he helps,” Clinton said of Obama, in an interview today with FOX News Channel’s Major Garrett. “I think the main thing is they’ve got a lot of advanced notice, and I think…. if they really focus and catch a break or two, I don’t think it’ll be as bad as it was in ’94.”
There’s serious skepticism out there, Mr. Clinton and Democrats… such as this Twitter tweet from Merylee that asks, “Ok….. u buy this?”
Quip from Gateway Pundit:
Bubba says that dems can still win… It all points to a democratic disaster come November.
We can hope.
From Patterico’s Pontifications, Handicapping the House:
It’s still a long way until November but ex-NRCC chairman Tom Davis says there’s an even chance the GOP could retake the House:
“Former Virginia congressman Tom Davis, who twice chaired the National Republican Congressional Committee, says the odds are “at least 50-50″ that the GOP regains control of the U.S. House in November’s elections. And he notes the House has never flipped control from one party to the other unless the Senate did, too.
***
He sees in particular a “Republican tsunami” in the South.“This is the third straight congressional election that’s been nationalized,” Davis says, a test not of individual candidates for the House and Senate but of broad voter judgments about the political parties and national leaders. “They say all politics is local. It’s not.”
However, Davis noted that changes in jobs or the war could alter his opinion.
Additional reading:
Philip Klein, American Spectator, Zogby Poll Shows Americans Unwilling to Pay Higher Taxes to Insure Everybody
Robbing America: Democrats Committing Suicide
Flopping Aces: Old Wine in New Bottles Still Tastes Like Vinegar: Obama Unveils Health Plan!
Gateway Pundit: Radical Left Wants Sen. Bunning Ousted From Baseball Hall of Fame For Opposing Unemployment Benefits and Worst. Congress. Ever. Posts 10% Approval Rating and Glenn Beck Addresses CPAC 10 – Beats Up on GOP and Thanks Barack… Millions of Unemployed Face Years Without Jobs; 4 Million Lose Their Job Under Obama and Dick Cheney at CPAC: Obama Will Last One Term and Top Dem Says House Will Pass Obamacare With More Votes the 2nd Time Around and House Republican Leader John Boehner: Obama’s Health Care Proposal Jeopardizes Summit and Pelosi Aide Admits Bipartisan Health Care Summit Is a Trick and Obama Tells Democrats They Must “Finish the Job” & Ram Health Care Through Congress and Shameless Liar: Actually Those Health Care Talks Really Were on CSPAN (Video) and C-SPAN Asks Dems to Keep Their Word & Open Obamacare Backroom Meetings to American Public and Greta Van Susteren on Obama: He’s a Liar (Video) and 13 Attorney Generals Threaten Lawsuits Over Senate Health Care Bribes and Obama Lashes Out at GOP For Using Filibuster to Stall His Takeover of 1/6 of US Economy
HillBuzz: A Queen Gone Insane and The 2010 Obama, the best Government Motors can do
Patterico’s Pontifications: ObamaCare Revealed: Hey, How Does Spending Another Trillion Dollars Grab You? and Can the Democrats Push Through Health Care Using Reconciliation?
Boston Herald: Health bill talks to bar Republican lawmakers
The Hill: Tough talk comes after Obama exits
Frugal Café Blog Zone: How Much Are Americans Willing to Pay to Insure Everyone on ObamaCare? Most Popular Poll Response: “ZERO” and Obama’s 2007 Fibs Exposed: Claimed JFK Brought His Father to US as Part of 1959 Kenyan Airlift… Not Remotely Possible and Obama’s Stimulus Plan Working? Suburban Homelessness Rises — in Detroit, Hopelessness Is Status Quo — So Much for the Era of “Hopenchange” (video) and Team Obama Oblivious: Unemployment Unexpectedly Jumps Again, More Jobs Lost… This Is an Improvement?
VotingFemale: Obama stimulated a single week loss of 31,000 more voters’ jobs; continues to spend like a mad man
American Elephant: This Is Your Country on Progressivism
GayPatriot: The Most Important Video I’ve Ever Posted. and Did Scott Brown Rescue New York City?
On My Watch – The Writings of SamHenry: Not Just Polls but Pressure on Select Dems Not to Run 2010
Michelle Malkin: The trillion-dollar government pension bubble
Motor City Times: Why Is Detroit Broke? 48 Years Of Mismanagement and Detroit Mayor: “This city will not survive without federal support in a big way” and Obama ‘Plans To Spend’ Our Way Out Of Recession
Nice Deb: Random CPAC Pix and On Eve Of CPAC, Conservative Leaders Unite Around Principles And Objectives: The Mount Vernon Statement
The Lonely Conservative: Andrew Breitbart Answers Critics at CPAC – Videos and Photos and It’s Thursday, time to report the ‘unexpected’ jobless claims
No Sheeples Here: CPAC Automotivator Of The Day
Another Black Conservative: Generation Zero the documentary
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The title is VERY fine followed by an on-target roundup of info that all points to the death of the American Economy due to cessation of proper procedures for resuscitation in a timely manner.