The Goat Pen

U.S. President Barack Obama may be a Democrat, but he is certainly no Harry Truman.

Truman, the 33rd president of the United States, had a sign on his desk that read, "The buck stops here!"

Obama, president No. 44, has chosen instead to pass the buck, claiming his country's economic troubles were inherited, and the majority of the mess on his desk is not his fault.

As a result, he's become a full-fledged disaster, eclipsing even Jimmy Carter as the worst president in modern U.S. history.

Obama is drowning in his own purple prose, and is so in love with the sound of his voice that he cares not if his vacuous words do nothing to inspire confidence.

And he's becoming delusional.

"No matter what some agency may say, we have always been and always will be a triple-A country," he said in a televised address to the nation.

What an offal load of tripe.

It was obvious who the markets believed. They believed the assessment of "some agency" named Standard and Poors that downgraded the U.S. federal government's credit rating to AA+.

Even after Obama finished his buck passing, the markets continued to tumble. The Dow Jones and the TSX moved further downward, losing more than 4% and 5% of their wealth.

Both the S&P 500 Index, as well as Nasdaq, lost 6% of their value.

The slight rebound Tuesday was more a result of the world not being able to afford to watch the U.S. go down than it was a belief in Obama.

What Obama didn't do -- and what a Truman would have done -- was announce a specific scheme to fight his country's debt, something akin to the rejected Simpson-Bowles deficit plan of 2010 that at least provided a play-by-play.

Instead he passed the buck on immediacy, and kicked the problem down the road so it can be dealt with -- conveniently -- after the 2012 presidential election.

Until the anomaly of Barack Obama came along, there was likely no one in this world who could have gone from the proverbial mail room to the CEO's office without first working their way up the executive ladder.

Now he is showing us the reason why.

I've heard you say racist things before and delight at the number of blacks in "your" prison, so the Ingram's dad thing is hardly surprising.

And good luck

Big Orange Junky wrote:Ok, gotta admit that's news to me. I never been to those other boards cept puters and the UT board on worldcrossing, but I never remembered prof saying anything racist.

Jungle Rat wrote:Didn't Prof once brag back on worldcrossing about the time his daddy passed down his daddys Grand Wizard hat? Or was that someone else?