RWNJ Conservative Views from Cincinnati

The Wall Street Journal is reporting that confidence in Obama is rapidly dropping. Obama’s numbers have now dropped to the point that they are lower than President Bush in this point in 2001. His net approval rating was as low as +6% this week according to Rasmussen. The article points out multiple signs of trouble in the polling data:

• A third strongly disapprove of Obama’s performance.
• Obama has lost nearly all Republican support and a large portion of Independant support.
• Support is dropping more rapidly than other Presidents of the 20th and 21st centuries.
• 83% are concerned Obama’s policies will not improve the economy.
• 82% are worried about the growing deficit.
• 78% are concerned about inflation.
• 69% are worried about Government’s increasing role in the economy.
• Less should have been spent on the stimulus according to a 3-to-1 margin.
• Obama’s budget is opposed by a 46% to 41% margin.
• Voters reject Pelosi’s idea of a second stimulus by a 2-to-1 margin.
• The feeling is that the mortgage bailout will unfairly benefit the irresponsible by 48% to 36%.
• 45% do not have confidence in the direction Obama is taking.
• Less than half suport increasing taxes for expanded health-insurance (17% less support than 1993).
• Only 20% support the most recent bank bailout.

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Posted under Economy

It looks like President Obama is about to face a big test with the omnibus spending bill on its way to his desk. Obama made it clear that he was against earmarks in both the campaign and in his rhetoric during his presidency. The package has nearly 8000 earmarks in it (both Republican and Democrat), worth $5.5 Billion.

The question is, will Obama stand true to his anti-earmark principle and veto this bill? It isn’t difficult to take this bill and send it back to be reconstructed without earmarks. Unfortunately, the administration to this point has become expert at taking action contrary to what was promised and deflect the blame back on the previous administration.

According to an AP story, it appears that is exactly what Obama is preparing to do. White House spokesman Gibbs has already said “It represents last year’s business.” This has set the stage for Obama to not stand to his principles and use yet another instance of the blame game. At some point, the new administration is going to have to make a stand that they aren’t afraid to take responsibility for.

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Posted under Economy

Being a former resident of Indiana, I still follow Indiana politicians fairly closely. Evan Bayh has been one of those that I can admire for sticking to his principles, even if I don’t always agree with him. This is an example where he is sticking to his guns and is not supporting the earmark-laden $410 billion spending bill.

If I had more faith that Obama was a man of his word, I’d expect he would veto this bill… unfortunately, the President has backed out of several of his campaign promises and I cannot expect the earmark promise to be maintained either. Bayh apparently agrees.

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Posted under Economy

Warren Buffett may have added himself to the White House hitlist with his most recent comments.  He compared the current economic situation to Pearl Harbor, said there are too many cooks in the kitchen, and took a clear shot at the Democrats in stating that you “the majority party can’t push around the minority party” and expect unity.  He made it clear that the commander-in-chief needs to speak with support from both parties and not just one. Time will tell if he gets the attention from the left that Limbaugh and Cramer have gotten.

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Posted under Economy

The Cincinnati Tea Party is only 6 days away and I thought I’d give a few updates.

• Over 4000 people have registered to attend (as of Sunday night)
   
• The speaker list has grown as well:
  Cincinnati Tea Party Founder Mike Wilson
  Former Congressman Steve Chabot
  Cincinnati City Councilman Chris Monzel
  Hamilton Township Trustee Michael Munoz
  Small Business Owner Harald Zieger
  Secretary – UC College Republicans David Watkins
  Concerned Taxpayer Théa Shoemake
  Financial Planner Tom O’Brien
  Media Consultant Mike Brenner
   
• Those looking for parking, it is available directly underneath Fountain Square via entry from Vine Street and Walnut Street.
• An official flyer is available for posting or handing out to friends. 

Let’s hope for a big turnout and have our voices heard. Hope to see many of you there!

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Posted under Economy