Stock Markets Drop 634 Points, Economy in the Edge and Barack Obama Attends Fund Raisers



Last week for the first time ever S&P lowered the US credit rating from its AAA rating and Obama said nothing. Over the weekend helicopter was shot down in Afghanistan killing 31, including 25 US Seal Team 6 heroes, the deadliest single incident  US loss since the war began and Obama said nothing. Stock markets across Asia and Europe were collapsing based on Friday’s S&P downgrading and Obama said nothing. Yesterday, the US stock markets were down 400 points when Obama finally decided to come out of hiding and addressed America. Then Obama spoke and there was a crashing thud as the markets dropped another 250+ points in reaction to one of the most lame speeches ever. Barack Obama had all weekend to prepare what he was going to say and he tanked just as bad as the markets did yesterday. Of course none of the events also stopped Obama from playing another round of golf.

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.

However, nothing could deter Barack Obama from attending not one, but two political fundraisers last night. How pathetic.  How does a President go to a fundholders and shill for money when American’s investments were just ravaged?  How unserious does Obama look?  Yesterday, America needed a President, a leader an individual that was supposed to instill confidence and show that he had a bullet point plan to counteract the finical carnage and devastation that was occurring and instead, WE GOT A POLITICIAN, A COMMUNITY ORGANIZER AND AN INDIVIDUAL THAT SHOWED TO ALL THE WORLD THAT HE WAS AN EMPTY SUIT.

President Barack Obama turns his attention to campaign politics Monday night, as he headlines two events for the Democratic National Committee and his re-election campaign.

According to the White House schedule, the president first attends a gathering of approximately 140 guests at a private residence in the nation’s capital. A DNC official says proceeds from the $15,000 per family gathering will go to the Obama Victory Fund, with the money raised shared by the president’s re-election campaign and DNC.

A source with knowledge of the event says it’s being held at the home of Don and Katrina Peebles. Don Peebles is a real estate entrepreneur and sits on the Obama campaign’s national finance committee.

The president then heads to the St. Regis Hotel to meet with approximately 60 guests. While not a fundraiser, a source says the gathering is a donor outreach event.

It gets even worse for the “Campaigner” in Chief … at the fundraiser, the night of Obamageddon, Obama saw fit to place the blame for the day’s events on GWB. He whined that he inherited the financial problems, cry me a river Barack, no one forced you to run for president. Obama claimed he had the answers. Instead, Obama has made things worse. President Obama, do you know what else you inherited, a AAA credit rating.

We needed a President and got a political campaigner. However, how is this any different from anything that has taken place during Obama’s presidency? This is one of the major reasons why America finds itself in the position they are both domestically and internationally. Instead of a leader, we have an apologist. Instead of a plan, we have empty promises. How could any single President be so “stuck on stupid”?  The sole purpose was for Obama to go on TV and reassure the American people and the markets and he did just the opposite. Obama made matters worse.

Obama’s actions yesterday show once and for all that he is not interested in America, he only cares about reelection. Obama has no concept what he is doing and its obvious he is in over his head. This is what happens when you hire Bob from the mail room to be CEO of a Fortune 500 company. My apologies to Bob, he would have done better than Obama.

If you liked this post, you may also like these:

  • Jay Carney Defends Obama’s Vacation, Obama’s Trip to Martha’s Vineyard isn’t a Vacation
  • Stock Markets Drop Another 500+ Points … Thanks for the Hope & Change Barack Obama .. Does Not Deter Another Obama Vacation
  • Barack Obama to the Little People … Let Them Eat Cake … Spend, Spend, Spend
  • Stock Markets Seem to Love Obama’s Stimulus Package … NOT … Stock Market Reaches Pre-Bush 1997 Levels
  • Barack Obama Speaks and the Stock Markets Tanks 634 Points … Barackolypse

  • Comments

    3 Responses to “Stock Markets Drop 634 Points, Economy in the Edge and Barack Obama Attends Fund Raisers”

    1. hope on August 9th, 2011 11:31 am

      . Its hard to imagine having to go through another year with our stress level raising through the roof… much less adding another four years on top of it. Obama is an obamanation and hasn’t a chance of reelection. He just might be the most hated man on the planet and for good reason! Hope and change was a pipe dream created to win an election… not an agenda. was a pipe dream created to win an election… not an agenda.

    2. hope on August 9th, 2011 11:35 am

      A pipedream that has turned into a nightmare!


    3. SUPER DAVE on August 10th, 2011 8:47 am

      NOBAMA IN 2012!!!!

    Leave a Reply

    Support Scared Monkeys! make a donation.

    • NEWS (breaking news alerts or news tips)
    • Red (comments)
    • Dugga (technical issues)
    • Dana (radio show comments)
    • Klaasend (blog and forum issues)
    E-mail It