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Obama Seen as Anti-Business by 77% of U.S. Investors

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ProSense Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-22-10 09:12 AM
Original message
Obama Seen as Anti-Business by 77% of U.S. Investors

Obama Seen as Anti-Business by 77% of U.S. Investors

Heidi Przybyla

Jan. 22 (Bloomberg) -- U.S. investors overwhelmingly see President Barack Obama as anti-business and question his ability to manage a financial crisis, according to a Bloomberg survey.

The global quarterly poll of investors and analysts who are Bloomberg subscribers finds that 77 percent of U.S. respondents believe Obama is too anti-business and four-out-of-five are only somewhat confident or not confident of his ability to handle a financial emergency.

The poll also finds a decline in Obama’s overall favorability rating one year after taking office. He is viewed favorably by 27 percent of U.S. investors. In an October poll, 32 percent in the U.S. held a positive impression.

<...>

Unlike other recent presidents, Obama hasn’t selected a leading business executive for his cabinet or a top advisory role. One year after taking office, he is coping with a jobless rate hovering around 10 percent and a federal deficit that rose to $1.4 trillion last year. In response, he has proposed a fee on as many as 50 large financial firms and yesterday called for limiting the size and trading activities of financial institutions as a way to reduce risk-taking.

more

The President can't win no matter what he does. Change is hard.





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Demeter Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-22-10 09:14 AM
Response to Original message
1. 77% of US Investors Are Ignorant Assholes
but you knew that.
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Turbineguy Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-22-10 09:14 AM
Response to Original message
2. If you ignore the fact
Edited on Fri Jan-22-10 09:16 AM by Turbineguy
that most investors lost money during the Bush administration, yes.

Other than that Mrs. Lincoln, how was the play?
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quantass Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-22-10 09:21 AM
Response to Original message
3. For the better part of the year He was WallStreets best friend...and this is how they repay him?
Let's hope his pact with Volcker (sp?) will justify these investors hatred for him.
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ProSense Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-22-10 09:23 AM
Response to Reply #3
4. No, that's was just the
spin:

"In an October poll, 32 percent"

Just like the insurance companies want health care reform to pass, nothing but spin.

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Rosa Luxemburg Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-22-10 09:24 AM
Response to Original message
5. Bush destroyed the economy and they liked him?
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ProSense Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-22-10 09:26 AM
Response to Reply #5
7. That's the interesting thing:
Who are these investors?

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Rosa Luxemburg Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-22-10 09:33 AM
Response to Reply #7
9. probably GOP donors?
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high density Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-22-10 09:34 AM
Response to Reply #7
10. They're really speculators
True investors don't seem to exist in the USA anymore. The only "investment" being done is offshore. USA and its workers are being looted by the speculators.
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high density Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-22-10 09:24 AM
Response to Original message
6. See, Democrats get branded a certain way no matter what they do
So trying to pander to these brainless corporatist fucks on the right does no good at all for anybody.
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depakid Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-22-10 09:32 AM
Response to Original message
8. Might have a little something to do with the corporate media and a guy named Murdoch
Neither of which is known for honesty or objective analysis.

Also- it pays to remember how many of this set of folks are died in the wool right wing ideologues and "free" market fundamentalists who over the past year and a half have been through some rather profound cognitive dissonance.

The fools don't know which way is up at the moment.
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fugop Donating Member (901 posts) Send PM | Profile | Ignore Fri Jan-22-10 09:44 AM
Response to Original message
11. Oh really?
question his ability to manage a financial crisis


Seriously? They question his ability to manage the financial crisis that they and their best buds the GOP created?

What a bunch of moronic wankers.
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Jennicut Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-22-10 10:23 AM
Response to Original message
12. Who are the investors questioned?
If they care only for the Dow going up then they care very little about the rest of us.
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LiberalFighter Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-22-10 10:54 AM
Response to Original message
13. These are only Bloomberg subscribers. How many of them are there?
There can't be many of them.
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grytpype Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-22-10 11:24 AM
Response to Original message
14. But he's a corporatist meanie, everyone here knows that!!!!!!!
:cry::cry::cry::cry::cry::cry:
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TheKentuckian Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-22-10 06:38 PM
Response to Reply #14
17. When will you get that the greed mongers are never satisfied?
Before this week, what could you possibly point to as being anything but kind and inclusive to big business?

Just being a Democrat puts him at that number or higher from the jump, they don't ever want any rules of the road but some would prefer to pretend that the poor "stakeholders" are getting no more than a fair shake and their wants are secondary from our needs.
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Robbins Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-22-10 01:02 PM
Response to Original message
15. Funny
Some here will call Obama no different than Bush and tool of wall street yet we see this.
Recently we see signs of the administration starting to get tough on Wall Street.

We need to see more of the we will get our money back Obama.This can help with november elections.
Apare from selling out for health care reform that now will not pass not being tough enough on Wall
Street Is the other major problem the base Is having with Democrats In Washington.Continue getting
tough with Wall street and November can be 1982 and not 1994(Lossing seats In House but keeping control and not much changes In the senate)
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TheKentuckian Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-22-10 06:13 PM
Response to Original message
16. Hence, he might as well give them something to cry about.
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FrenchieCat Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-22-10 06:48 PM
Response to Original message
18. GOOD!
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