Friday, June 11, 2010

BP (NYSE:BP): British Rage Growing Over Obama Response

Obama will probable eventually wish he had maintained his calm concerning BP (NYSE:BP), as he had from the beginning, as responding in the overt and punishing way he has, especially in ramping up his rhetoric, is causing a lot of backlash in Britain, and it's reaching levels some say haven't been seen in a long time.

While some have accused Obama of being disengaged from the situation, their idea was he needed to start acting and speaking aggressively, evidently to placate their sensibilities.

This came from his political friends and enemies.

Unfortunately for both, Obama is so inexperienced he is simply not able to correctly hear from those frustrated, absorb it, and turn it into something that is useful in the circumstances.

Instead he brings out the usual way of doing Chicago politics, which is far from mainstream America, and far from the way world leaders act and speak.

So Obama has become a wrecking crew and and somewhat of a joke on the world stage as he seems complete clueless and helpless as what to say and do concerning the oil spill.

That apparent indecisiveness and cluelessness has angered the British, who are seeing their financial futures going up in smoke because of the heavy-handedness of Obama and the Democrats, who, as I've been saying for some time, don't seem to be able to take into account the variables involved in the situation in order to handle it rightly in all ways.

As the headlines in the British paper the Daily Express recently said, “Obama is Killing all our Pensions.” Only someone ignorant could take that as an unimportant issue, especially from one of our strongest allies.

The growing rage in Britain is real, and Democrats and Obama need to quit acting and speaking like thugs, and start acting like statesman, if they even have it in them to do it. From what we've seen over the last year and a half, they don't. November can't come soon enough.

1 comment:

Anonymous said...

You are joking right? BP turns the Gulf of Mexico into a toilet with the potential of destroying large sections of the Gulf economy and its Obama's fault for talking tough?

BP's stock is dropping because the liability for their deceit and ineptitude is staggering.