When the facts change, I change my mind. What do you do? -- John Maynard Keynes

Friday, February 10, 2012

Obama’s greatest vulnerability as a leader

Well worth reading--

Noam Scheiber: Obama’s Brush With Political Disaster: The Inside Story Of His Worst Year | The New Republic: ". . . Obama’s greatest vulnerability as a leader. . . . For voters contemplating whether he deserves a second term, the question is less and less one of policy or even worldview than of basic disposition. Throughout his political career, Obama has displayed an uncanny knack for responding to existential threats. He sharpened his message against Hillary Clinton in late November 2007, just in time to salvage the Iowa caucuses and block her coronation. He condemned his longtime pastor, Jeremiah Wright, just before Wright’s racialist comments could doom his presidential hopes. Once in office, Obama led two last-minute counteroffensives to save health care reform. But, in every case, the adjustments didn’t come until the crisis was already at hand. His initial approach was too passive and too accommodating, and he stuck with it far too long. Given the booby traps that await the next president—Iranian nukes, global financial turmoil—this habit seems dangerously risky. Sooner or later, Obama may encounter a crisis that can’t be reversed at the eleventh hour. Is Obama’s newfound boldness on the economy yet another last-minute course-correction? Or has he finally learned a deeper lesson? More than just a presidency may hinge on the answer."

The Big Picture

Financial Crisis - The Telegraph

JohnTheCrowd.com | The Sailing Website

Craig Newmark - craigconnects

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