11/09/2010

NO WE CAN"T! Obama To India: U.S. Is Nation In Decline

It's is now official! - for the umpteenth time.  We have a President who does not believe in the exceptionalism of the American people. This is reminiscent of the Jimmy Carter "malaise" speech and tone, which Ronald Reagan was able to use to vault to the Presidency.  The difference is that Jimmy Carter made his "national malaise" comments on U.S. television, so it was out there for the whole country to see and hear.  Obama made his disgraceful comments in India. Will the U.S. press corps report this in our papers?

Obama acknowledges decline of US dominance


MUMBAI: Implicitly acknowledging the decline of American dominance, Barack Obama on Sunday said the US was no longer in a position to "meet the rest of the world economically on our terms".

Speaking at a town hall meeting in Mumbai, he said, "I do think that one of the challenges that we are going face in the US, at a time when we are still recovering from the financial crisis is, how do we respond to some of the challenges of globalisation? The fact of the matter is that for most of my lifetime and I'll turn 50 next year - the US was such an enormously dominant economic power, we were such a large market, our industry, our technology, our manufacturing was so significant that we always met the rest of the world economically on our terms. And now because of the incredible rise of India and China and Brazil and other countries, the US remains the largest economy and the largest market, but there is real competition."

Watch the video here as Obama rambles aimlessly in search of a cogent thought.
http://timesofindia.indiatimes.com/india/Obama-acknowledges-decline-of-US-dominance/articleshow/6885877.cms


Read more: Obama acknowledges decline of US dominance - The Times of India http://timesofindia.indiatimes.com/india/Obama-acknowledges-decline-of-US-dominance/articleshow/6885877.cms#ixzz14no3K8iT
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