Why Are We Not Surprised … Barack Hussein Obama … Bows in India then Acknowledges Decline of US Dominance

If it is Barack Obama, he is in a foreign country and he is among world leaders, what else can we expect but for him to bow.

President Barack O”bow”MA strikes again …

President Barack Obama bows and makes a greeting to the audience beside India’s Prime Minister Manmohan Singh after delivering a speech at Parliament House in New Delhi, November 8, 2010. (REUTERS/Jim Young)

Does Obama not think that America and Americans are tired of his act? Obama certainly earns his -16%Daily Presidential Tracking Index.

Barack O”bow”ma

Bowing, what else should we expect from a US President in Barack Obama who  acknowledged the decline of US dominance in the world in his speech in India. Nice, what a business strategy Mr. President. Weaken the US business machine by endless rules and regulations so that it can’t compete against foreign countries and then say its good that we have competition because it keeps us on our toes. No wonder the United States cannot get out of its current recession and no jobs are being created.

Implicitly acknowledging the decline of American dominance, Barack Obama on Sunday said the US was no longer in a position to “meet the rest of the world economically on our terms”.

Speaking at a town hall meeting in Mumbai, he said, “I do think that one of the challenges that we are going face in the US, at a time when we are still recovering from the financial crisis is, how do we respond to some of the challenges of globalisation? The fact of the matter is that for most of my lifetime and I’ll turn 50 next year – the US was such an enormously dominant economic power, we were such a large market, our industry, our technology, our manufacturing was so significant that we always met the rest of the world economically on our terms. And now because of the incredible rise of India and China and Brazil and other countries, the US remains the largest economy and the largest market, but there is real competition.”

“This will keep America on its toes. America is going to have to compete. There is going to be a tug-of-war within the US between those who see globalisation as a threat and those who accept we live in a open integrated world, which has challenges and opportunities.”

The 2012 election cannot come fast enough … Obama, you are next!