With 67% of Polled Voters Believing Obama’s Gay Marriage Epiphany was PURELY Political, Is his Campaign Coming Apart?

From Brietbart.com:

It’s only Tuesday, but it has already been a terrible, horrible, no-good, very bad week for the Obama campaign. Saddled with increasingly bad economic data, the campaign has been doggedly trying to change the subject to anything other than jobs and deficits. We’ve been treated to a mythical GOP “war on women”, a “debate” on birth control, a “road to Damascus” moment on gay marriage, an “expose” of Romney “bullying” in high school, and the burning question of who is a better pet owner. Unfortunately for Obama and his allies in the media, none of it is working.

Yesterday’s CBS/NYT poll makes it very clear that voters care about only one thing: The Economy. The only other issues that registers in the double-digits? Government spending and deficits–not exactly a winning issue for Obama. Not only do voters not care about the social issues Obama and the media are fixated on, there are signs that focus is backfiring. The biggest shift in voter sentiment in the CBS poll was among women, who, in just one month, shifted their support from Obama to Romney. In April, Obama had led Romney by six points among women. Today, women prefer Romney by two points.

More troubling for the White House is that 67% of registered voters believe his “conversion” on gay marriage, which sent coastal hearts aflutter, was based solely on politics, rather than any personal conviction. This is damning for a politicians whose meteoric rise was based largely on his being “above” politics. It is an Exocet missile to his entire political narrative.

For the full article: http://www.breitbart.com/Big-Government/2012/05/15/Panic-obama-campaign-already-coming-off-the-rails

UPDATE: Wall Street Closes 9th Straight Day of Losses, Down 512 Points

Largest drop since December 2008.

Longest straight days of losses since February 1978.

Dow falls. Nasdaq fall. 11% decline in last 10 sessions.

Even GOLD and SILVER dropped.

Jobs report due out tomorrow……….no good spin!

Unemployment to remain @ 9.2%

http://finance.yahoo.com/blogs/breakout/fear-street-inside-stock-sell-off-204130841.html

Cancun Climate Conference was Actually International Economic Meeting

“That the Cancun summit was never a climate conference at all has become increasingly obvious. Even before it began, IPCC Working Group III co-chair Ottmar Edenhofer said, COP-16 is actually “one of the largest economic conferences since the Second World War”

 

“A few days later, IPCC Executive Secretary Christiana Figueres told conference attendees, “The world is looking for new answers to the political, economic and social challenges which all countries face.” That the “new answers” focused primarily on how much more money and technology developed nations “owe” poor countries further affirmed the proceedings’ true nature.”

For full article:

http://townhall.com/columnists/DugganFlanakin/2010/12/26/the_cancun_climate_con/page/full/

Home Depot Founder Lashes at Obama: Stop Bashing Business

From Ken Lnagone in the Wall Street Journal:

Although I was glad that you answered a question of mine at the Sept. 20 town-hall meeting you hosted in Washington, D.C., Mr. President, I must say that the event seemed more like a lecture than a dialogue. For more than two years the country has listened to your sharp rhetoric about how American businesses are short-changing workers, fleecing customers, cheating borrowers, and generally “driving the economy into a ditch,” to borrow your oft-repeated phrase.

My question to you was why, during a time when investment and dynamism are so critical to our country, was it necessary to vilify the very people who deliver that growth? Instead of offering a straight answer, you informed me that I was part of a “reckless” group that had made “bad decisions” and now required your guidance, if only I’d stop “resisting” it.

Your insistence that your policies are necessary and beneficial to business is utterly at odds with what you and your administration are saying elsewhere. You pick a fight with the U.S. Chamber of Commerce, accusing it of using foreign money to influence congressional elections, something the chamber adamantly denies. Your U.S. attorney in New York, Preet Bahrara, compares investment firms to Mexican drug cartels and says he wants the power to wiretap Wall Street when he sees fit.

That short-sighted wavering—between condescending encouragement one day and hostile disparagement the next—creates uncertainty that, as any investor could tell you, causes economic paralysis. That’s because no one can tell what to expect next.

A little more than 30 years ago, Bernie Marcus, Arthur Blank, Pat Farrah and I got together and founded The Home Depot. Our dream was to create (memo to DNC activists: that’s build, not take or coerce) a new kind of home-improvement center catering to do-it-yourselfers. The concept was to have a wide assortment, a high level of service, and the lowest pricing possible.

full article: http://online.wsj.com/article/SB10001424052748704361504575552080488297188.html?mod=WSJ_article_MoreIn_Opinion

Retirement Armageddon

from DollarCollapse.com:

Here’s a wake-up call from Gary North of the Ludwig von Mises Institute on why our idea of retirement will turn out to be a cruel joke. A few quotes:

Social Security will go bankrupt…The average American is going to have a miserable retirement. There’s not much a recent retiree can do. They’ve walked into the trap and it has sprung on them. The greatest losers will be widows, who are almost completely unprepared for what will take place. For most children there will be no inheritance, and parents may become an economic liability on them years before they’re prepared.

for full article: http://dollarcollapse.com/articles/classic-videos-retirement-armageddon/

Q4 will be Disasterous

Stocks rallied to start the week thanks to a better-than-expected ISM services sector report and a Goldman Sachs upgrade of big banks, including Wells Fargo, Comerica and Capital One.

But all is not right in either the economy or the banking sector, according to Christopher Whalen, managing director at Institutional Risk Analytics. In fact, Whalen says most observers are drawing the wrong economic conclusions from the stock market’s robust rally.

“Why is liquidity going into the financial sector? It’s because the real economy is dying [and] everyone is fleeing into the stocks and bonds because they’re liquid at the moment,” Whalen says. “That’s not a good sign.”

The banking sector’s assets shrunk by about $300 billion per quarter in the first half of 2009, a sign of banks hoarding cash in anticipation of additional future losses, according to Whalen. “The real economy is shrinking because of a lack of credit.”

For the full article: http://finance.yahoo.com/tech-ticker/article/348944/The-%22Real%22-Economy-Is-Dying-Q4-%22Going-to-Be-a-Bloodbath%22-Whalen-Says?tickers=XLF,SKF,FAS,FAZ,MS,GS,HCBK&sec=topStories&pos=9&asset=&ccode