Left, Right Unite in Criticism of Obama?
Media turn on president following credit rating downgrade
- Duration 9:16
- Date Aug 9, 2011
Media turn on president following credit rating downgrade
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The president Obama's facing harsh criticism today and based on experience I know that negative coverage can come in waves that's often.
Happens when -- in the White House you have a story you need to let it burn out and some of this coverage however it would make a former white house Press Secretary -- -- Into the fetal position under the -- one of things I wanted to point -- was even the New York Times.
Said today in an editorial.
That anyone hungering for a robust vision to invigorate the economy and increase employment.
Is still hungry what's interesting to me Andrea is this is not based.
The criticism is not based on a single incidence than it is more about his leadership style in general do you think they have a serious problem all of us pass away.
I think they have a serious public I think if you look at his tenure there have been instances where you see his leadership questioned but never so collectively.
And never such a consensus from the right.
And the left -- in the Wall Street Journal sums it up today beautifully.
Then there -- mr.
Obama as a political tactician He makes predictions that proved false He makes promises that He can honor He raises expectations He can't meet.
He reneges on commitments that he's made in privates He surrenders positions in public.
He's absent from issues which He has a duty to be involved and he's overbearing.
When He ought to be apathetic and how happy I -- the idea that I think perfect explanation of what's happening and the last a lot of members on the left degree I would say one last thing.
If you look at what happened with the S&P and you look at their criticism why they downgraded they said it was because of gridlock they said it was He couldn't we couldn't service our debt.
And our budget -- wouldn't -- the budget and -- were three things that Obama promised in 2008 He changed the town.
He promised a balanced budget He promised for forming in time.
First of all I just wanna say how shocked Diana the Wall Street Journal would attack of Rocco how -- -- -- what I Wall Street Joe's ever said anything nice about Barack Obama and argued yet.
A big blob -- roses but listen -- guys ever right well and -- and don't just -- say let me say this all this criticism is about a fraudulent downgrading by a fraudulent organization called standard ports as anybody else stop to think percent of no other agency in the world rating agency has -- -- niceties except -- import who did a lousy job with a lousy numbers and for political reasons and I think conspiracy.
This is Groundhog Day that we don't throw this fraudulent -- obviously but you can play is -- this is a real death rate this is from S&P well -- actually hit the country relies on an absentee you're the only one that says fraud fraud means they knowingly and intentionally deceived them lie yes or some selfish reason yes what is it.
But all developed while there and like I selfish reason what's the lie because I think -- -- -- I think they're lining up by the Republicans on this thing right.
-- -- here I want no evidence I wanna talk about why you're seeing a lot more criticism from the left now I think what you're seeing is the the consequences of something I call -- cat which is Obama criticism abstinence disorder.
-- it's what happens when the media has not said anything bad about Obama for two years until it's finally built up.
To a point where they can't hold it back anymore and that's what you're seeing that choice in the Washington Post the New York Times explode.
Because -- sooner or -- later.
The interesting things that Andrea read from the Wall Street Journal piece I think by Bret Stephens yes that's right -- always going to be and freedom watch tonight at 8 o'clock eastern night's five business network will be watching yeah one -- more interest in things lies and he's overbearing.
I think he's the -- -- I think he's underwhelming.
I think he's showing no leadership skills I think He refused to jump into the -- that debate I think He waited for three days before we talked about it Cynthia I think He gave him Bob agrees one of the poorest speeches of his career during the course of which He seemed timid and ignorant.
I think yes and I thought I thought it was not a good performance at all agree that the by the way did you in your opening night outcomes says I was hanging everywhere but did we make the point -- the market went up early and Margaret went up -- -- 430 -- -- the Obama rally.
-- after the -- after the Fed said that it was going to keep interest rates below for the Extenders.
Let's talk about that for a second because the Fed did come out today after thankfully the market stopped its slide I don't see how you can get credit.
For the ups in the markets but not take blames for the down.
I don't see how you don't get a little opening there writing by the producers and that when I guess they all -- -- -- leave with 600 points down the horrible president -- it's not good.
To attack the producers.
That put -- but I like to do it isn't certified live without it.
But that's asking Andrea one thing about -- don't walk people through that that fed announcement today was that they're going to basically.
Keep interest rates where they are for the next two years to me that says that's a very pessimistic view what they think's gonna happen in the economy at them the -- celebrate yet the market didn't.
Well yes the look at what's been happening fear has been driving its markets and and I think that's exactly why they did it look.
Cash is crawling for any safe place to find itself in any hole and -- -- I gotta say.
The criticism today of the president.
I think is is right on and I and I really do think -- He looks confused about all this I think He is looking at himself going.
I did what any good liberal was supposed to do the intelligentsia told me I said all the right things and I did all the right things I was a smart liberal.
And now I really think that liberals like -- -- cleft in the rest of them who came out with these scathing opinion editorials are saying we have an existential crisis what are.
And I did everything we can't really I don't line and -- I wanna read this on front Dana Milbank you and with believe me -- during a -- around.
I didn't mean as I review you know I sometimes -- -- -- -- -- Milbank was coming to the press briefing He knew it the next morning was not going to be a good one -- that and what He said was.
In an -- a column in the Washington Post.
That President Obama quote He delivered his statement on the economy beneath a portrait of Abraham Lincoln.
But that was as close as it came to forceful leadership He looked grand and swallowed hard and frequently as He -- fatalism with vague.
Patriotic expectations and judge that was what I mentioned yesterday which is that.
If you're going to come out and say.
But our country is still a -- country you don't -- think you would need to read that.
It looked bad that He read it I also thought it looked bad that He said.
Because it was the type of cheerleaders statement one would not expect from a president in the middle of a market data want to turn the market around.
Instead He caused precipitated or participated in Robert Beckel.
One of the most precipitous declines office cubicle giving me -- knows the day after we had the tenth.
Worst loss in the country we have the tenth highest rise and that's right it could I make one other point people decided it was time to take -- they cannot make a lot of good companies aren't.
While energy the law of supply and demand work and then Ben Bernanke said I may keep interest rates found that our water -- -- percent.
Far less than what you can get on the free market so keep buying.
-- okay and when you know what else is being bought by the way in the middle first of all one of the reasons that.
I'm a little surprises left his -- -- like to say that they're gonna do it I think Greg's right there's been built up a lot of this very positive writing about Obama and I think this is way to vent on this but would one of them please all of you please say this is one.
Suspect credit rating.
From with the rest a credit ratings are not downgrade we are not downgrade but where's all the money in the world -- -- market going when they leave stocks it's all coming into US treasury.
-- it's -- indictment by bulls posted they don't just treasuries I ask Greg.
This -- -- back if your.
American the American people and you -- -- dinner getting ready to print it for tonight do you think follow this roller coaster ride of -- market -- debate just.
In their hands and it would be like dating a manic depressive and I think I think Bob is is correct.
You're gonna you're gonna -- panic when it plunges.
-- -- required yell -- you know hit separate when it goes up the problem is we do not have the memories of goldfish.
We you know big -- erase their minds every twenty -- you have to remember the context.
But I will say this the one lesson that you're learning about President Obama -- you -- He finally has an adversary.
In the Tea Party and the key difference -- we know -- but this is this is why people pay anything over Obama Obama is a person without a principle the party.
Is -- is a principle without a.
Prison Steve first off I didn't -- that's what I did is I updated every advantage of presses myself and you're right it's is it -- let up off my baby is wonderful when it's down forget it became a manic depression after.
If I could say this about him that last comment you just -- it's true that He doesn't have a principal -- -- -- and I would point out that the latest polls show that right now by 21 the American people rejected Tea Party.
I write -- one.
As -- well Bob gets the electorate to vote no bread with the rest -- -- -- just principle like there's no person that represents them well hey Bob we're gonna you -- gonna have -- adding that good or not about.
-- -- -- in the economy and how we get our triple -- rating back and get the debt under control and don't forget email us at the five at foxnews.com.
My continues next.