He was a half hour late. His head turned from side to side as if he were attending a tennis match. He practically never looked in the camera, as if he were averting our gaze. And those were the strong parts of President Obama’s disastrous speech.
It was a bit like a slow-motion car crash. After a while, one stopped
listening to the blather and simply watched the stock ticker go down
and down. And down some more.
Obama had all weekend and the best he could come up with was a
reiteration of his plea for a “balanced” approach to deficit control.
That’s right. We have a tumbling stock market, over 9 percent
unemployment and a flight to gold (some investment advisers say it will
be at $2,500 per ounce by year’s end). All he can do is promise to raise
taxes. (Continues here)