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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: bentway who wrote (250746)	5/29/2010 7:15:01 PM
From: joseffy	Read Replies (1) \| Respond to of 306849

telegraph.co.uk Barack Obama's credibility hits rock bottom after oil spill and Sestak scandal The combination of Obama's passivity over the Gulf oil spill catastrophe and his cynical political manoeuvrings could spell disaster for him, argues Toby Harnden Telegraph UK by Toby Harnden in Washington 29 May 2010 excerpt: Even worse was Obama's refusal to say anything about the growing furore over White House attempts to persuade Congressman Joe Sestak to pull out of the Democratic Senate primary contest in Pennsylvania. Obama's advisers had preferred the Republican turncoat Senator Arlen Specter, who inconveniently let slip that he'd been offered a government job to step aside. That was potentially illegal and for weeks the White House stonewalled. When, even more inconveniently, Sestak beat Specter, the trust-us-nothing-untoward-happened approach would no longer wash. But still Obama declined to answer the question, fobbing the reporter - and the country - off with the promise that "there will be an official response shortly on the Sestak issue". This did indeed come the following day - conveniently timed for that Friday afternoon news void before the Memorial Day holiday weekend. Lo and behold, it turns out that none other than former President Bill Clinton was asked by Obama's chief of staff and Chicago enforcer Rahm Emanuel to offer Sestak a place on a presidential board. Whether or not the law was broken, the cynicism of this is breathtaking. Obama offered a break from the Clinton-Bush past and an end to the shoddy backroom deals of Washington. So what does he do? He tries to deny Pennsylvania voters a chance to decide for themselves by using his former foe Clinton to offer a grubby inducement. It was perhaps a fitting end to one of the worst weeks of Obama presidency, in which a Rasmussen one poll pegged his popularity at a new low of 42 percent. In an environment in which Americans are disillusioned and cynical about Washington and all it stands for, the Clinton-Sestak manoeuvre could be a political calamity for Obama. Perhaps he should be grateful after all that the Oil Spill Cam was still beaming up footage from the sea bed.