Obama Approval Rate 47%

Latest 2012 Polls Show Biggest Barack Obama Lead Yet

WASHINGTON -- Monday's new polls produced no signs that President Barack Obama's recent polling "bounce" is fading. If anything, the latest surveys indicate that his lead over Republican nominee Mitt Romney may be expanding.

A sign of the depth of Obama's current advantage comes from the fact that he led at least nominally on 19 of 20 new polls HuffPost Pollster logged into its database on Monday, including six national releases and a dozen new statewide polls. The exception was a new poll in Montana, (a state not carried by the Democrats since 1992).

The HuffPost Pollster tracking model combines national and state-level polling to produce estimates of the current polling snapshot nationally and in the battleground states. The new polls nudged Obama's estimated current lead in the national popular vote to exactly four percentage points (48.6 to 44.6 as of this writing; the model's estimates update several times each day as new polls are published).

http://www.huffingtonpost.com/2012/09/2 ... 12113.html

Electoral College projection holding at: Obama/332, RMoney/191 (270 needed)

Yeah, I'm worried...

Are all of those polls using weighting that relies solely on the participation levels from the 2008 election? Inquiring minds want to know.

What do you say we check the polls once the Market figures out this QE3 thing is another scam and all the air comes out of the recent surge.

Fed’s Plosser slams QE3

http://www.marketwatch.com/story/feds-p ... 2012-09-25

One of the leading hawks on the Federal Reserve slammed the central bank’s new asset purchase program on Tuesday, saying that it wasn’t necessary, wouldn’t work and is risky.

“We are unlikely to see much benefit to growth or employment from further asset purchases,” said Charles Plosser, the president of the Philadelphia Fed Bank, in a speech to financial market trade groups in Philadelphia.

Plosser’s comments are not necessarily a surprise because he is one of the leading hawks on the Fed who have opposed Fed Chief Ben Bernanke’s unconventional monetary policy.

But they throw cold water on the notion that Bernanke has created a broad new consensus among his Fed colleagues.

The program is designed to lower long-term interest rates, spur demand, and lower the unemployment rate.

But Plosser said the purchases “are unlikely to be effective in the current environment.”

He said that the “frictions and structural adjustments” that are holding back improvements in labor markets cannot be cured by monetary policy.

There's that darned "consensus" issue again. The Markets are doing pretty well right now because they see the Government going on another drunken spending binge. But once the binge is over and the Markets lose the afterglow....and folks realize that the economy IS stalling and NOT improving the Market is going to take a nose dive.

The question is....can the Admininstration keep the charade up long enough to win the election?

If the Obama Admininstration can pull it off then the buyer's remorse comes too late to do anything about another four years of economic disaster. I wonder how long they can keep this cat in the bag?

If folks learn the truth that the economy is not improving and they have been dupped by the Administration and the media before 6 November then it's one and go for Mr. Obama.

The question is can Money-Boo-Boo do enough to erase the ever-increasing list of f**kups, missteps, insults and incompetence to sway enough people who think he's a buffoon and a bozo...by November...

I think not...

Aren't guys starting to figure out by now that his ace-in-the-hole, "jobs & the economy", (which the GOTP, with its "laser-like focus" has done absolutely nothing about), are getting to be less and less of an issue?

Jus' keep doin' what yer doin'...

lionshead2010 wrote: What do you say we check the polls once the Market figures out this QE3 thing is another scam and all the air comes out of the recent surge.

Fed’s Plosser slams QE3

http://www.marketwatch.com/story/feds-p ... 2012-09-25

One of the leading hawks on the Federal Reserve slammed the central bank’s new asset purchase program on Tuesday, saying that it wasn’t necessary, wouldn’t work and is risky.

“We are unlikely to see much benefit to growth or employment from further asset purchases,” said Charles Plosser, the president of the Philadelphia Fed Bank, in a speech to financial market trade groups in Philadelphia.

Plosser’s comments are not necessarily a surprise because he is one of the leading hawks on the Fed who have opposed Fed Chief Ben Bernanke’s unconventional monetary policy.

But they throw cold water on the notion that Bernanke has created a broad new consensus among his Fed colleagues.

The program is designed to lower long-term interest rates, spur demand, and lower the unemployment rate.

But Plosser said the purchases “are unlikely to be effective in the current environment.”

He said that the “frictions and structural adjustments” that are holding back improvements in labor markets cannot be cured by monetary policy.

There's that darned "consensus" issue again. The Markets are doing pretty well right now because they see the Government going on another drunken spending binge. But once the binge is over and the Markets lose the afterglow....and folks realize that the economy IS stalling and NOT improving the Market is going to take a nose dive.

The question is....can the Admininstration keep the charade up long enough to win the election?

If the Obama Admininstration can pull it off then the buyer's remorse comes too late to do anything about another four years of economic disaster. I wonder how long they can keep this cat in the bag?

If folks learn the truth that the economy is not improving and they have been dupped by the Administration and the media before 6 November then it's one and go for Mr. Obama.

rofllol Sorry, the undecideds think QEIII is a steamship.

What was that about "positive economic news" fairing well for the Admininstration? Looks like the steamship may have already lost some steam. Dow is down 101 points on the day. All because one Federal Reserve Member said "boo".

U.S. stock indexes deflated by Fed talk
Wall Street overbought; has September correction arrived?

http://www.marketwatch.com/story/us-sto ... =afterbell

U.S. stock indexes fell Tuesday, surrendering gains after a nonvoting Federal Reserve member, Charles Plosser, offered a negative take on the central bank’s latest round of monetary easing.

“We still need effective fiscal policy,” said Phil Orlando, equity-market strategist at Federated Investors, referencing the limitations of central-bank action on the U.S. economy.

Bruce Bittles, chief investment strategist at R.W. Baird & Co., played down the decline, saying the market has had a big run and looking to “relieve the overbought condition.”

“Folks were looking for the market to correct in September, and that didn’t happen, and uncertainty about the [U.S.] election plays a role, too,” Bittles added.

"Uncertainty" about the election? These guys need to read Huffington Post. There's no uncertainty there. None on the front page of the LA Times either. This one is in the bag. rofllol

I wonder who is responsible for generating "effective fiscal policy"?

The current economic "good news" is a paper tiger and the Administration is hoping the media can keep the feel good going JUST a LITTLE longer.

Yeah, it's still at 13,458...I'm really worried... A daily fluctuation...And it's how much higher than it was when Bush left office?

Oooo...Wait...I have the number: When Obama took office in January 2009, the Dow Jones Industrial Average was hovering around 8,000 .

Yeah... the GOTP did such a great job in the 8 years that the Idiot Son had it... A total of 3 million jobs in 8 years; 750,000 jobs/month going down the tubes; and a DJIA of 8,000. Oh, and turned a surplus into $4 TRILLION more of debt, with two unpaid-for unnecessary wars; a $750 BILLION unpaid-for Medicare drug-benefit; and an unpaid for TARP program that he signed.... Yep, that ol' trickle-down worked SO well...

You can't make this stuff up... rofllol

Obama isn't even taking the hit for $4.00 gas. Or 8.2% unemploymennt.

And then,,,