Investor Confidence in Obama Plummets: Poll

[dkf]

By Mike Dorning - Sep 29, 2011 6:00 PM GMT-1000

Global investors’ confidence in President Barack Obama has plummeted over the past four months, with almost three-quarters of them now viewing his policies as a drag on the U.S. business climate.

Perceptions of European leaders such as German Chancellor Angela Merkel and French President Nicolas Sarkozy also have turned sharply negative after months of tumult in global financial markets, according to a Bloomberg Global Poll. The quarterly poll, conducted Sept. 26, covered 1,031 investors, traders and analysts who are Bloomberg subscribers.

Obama’s overall standing with investors has reversed, with 57 percent now viewing the U.S. president unfavorably compared with 55 percent who saw him favorably in the last poll, in May.

“He does not understand the urgency of the debt crisis and its global ripple effect,” poll respondent Scott Troxel, 46, head of the Scandinavian desk at Tradition Group in Lausanne, Switzerland, said in an e-mail. “President Obama must get in front of the problems by taking real risk in achieving a bipartisan solution to long-term debt reduction, credible short- term job stimulus, and tax reform that is more clear and thoughtful than a tax on billionaires.”

http://www.bloomberg.com/news/2011-09-30/obama-s-standing-with-global-investors-reverses-to-57-unfavorable-in-poll.html

[rpannier]

1. Scott Troxel is a moron of the highest order

“President Obama must get in front of the problems by taking real risk in achieving a bipartisan solution...blah, blah, blah

He's tried the bipartisan thing a brazillion times and he gets no cooperation
How about this Scott...The idiotic, crazed, corrupt republikkans need to agree to stop engaging in their blocking of every proposal put out and actually make an effort to make the country better.

Scott, if you had fallen from a cliff and were hanging for your dear life by a branch and I came along, pray that someone else was with me because I'd keep right on walking

[rpannier]

2. dupe

nt

[NYC_SKP]

3. I wonder how they felt about bush 2006-2008. (nt)

[rpannier]

4. Bush was pillorying the poor

That's okay

[EmeraldCityGrl]

5. This is laughable. Correct me if I'm wrong but

the market is up 3000 pts. since he took office. The entire world is looking to one man to fix years of
global banking corruption? Who the hell do they think they're kidding?

I heard an investor say the other day that one reason the lean so hard on Obama is the harder they lean the
more influence they feel they'll have. They got theirs, now they can go Fu*K themselves. "Achieving a bipartisan
solution?" He already tried that , it doesn't work.

[dkf]

6. They were net positive in May and they are even more unfavorable about the GOP

Congressional Republicans are held in even lower esteem than Obama, with 68 percent of investors holding a negative view of the lawmakers versus 51 percent who said so in the last poll.

[applegrove]

7. So if he fights for jobs, investors believe he is against business interests. There is class warfare

going on and it is the corporations that started it by teaching MBA to attack government and their employees as if they were competitors. Started about 1990 in MBA schools.