President Obama lights a fire under the Weiner story. “I think he’s embarrassed himself, he’s acknowledged that, he’s embarrassed his wife and his family. . . . Ultimately there’s going to be a decision for him and his constituents. I can tell you that if it was me, I would resign. Because public service is exactly that, it’s a service to the public. And when you get to the point where, because of various personal distractions, you can’t serve as effectively as you need to at the time when people are worrying about jobs and their mortgages and paying the bills, then you should probably step back.”
The chances of peace reform dim in Bahrain. “Bahrain’s future is very much in doubt. One can only hope that the argument made by the Crown Prince and Foreign Minister in their Washington visit is more than a line put out to reassure anxious Westerners. If the hard-liners in the royal court win out, their victory will boomerang against the King and destroy the chances for Bahrain to resolve this crisis.”
It dawns on at least one Democrat. “It’s a ‘major problem’ that Senate Democrats haven’t passed a budget for 2012, Virginia Senate candidate Tim Kaine (D) said Monday.”
If you thought the economic outlook was dark enough, there is this: “For the past six weeks, stock-market investors have had their eyes trained on the sputtering U.S. economy. Now, some are also beginning to focus on the prospect of a pernicious sidekick: creeping inflation. It might seem counterintuitive, but some investors see a growing risk that prices will keep rising, even if the economy slows. That is significant because it could dent corporate profits by crimping consumer spending while prices are rising. It also may make it less likely that the Federal Reserve would step in to further help the economy, some investors say.”
Someone at the White House thought it was a bright idea to go back to 1969 to justify Obama’s approach to Israel. Ordinarily an Obamaphile, Ron Kampeas didn’t really buy it. When the informed left says Obama’s shift in Israel is “substantive” it’s time to come up with better spin.
If this keeps up, Obama’s re-election hopes will fade. “A new CNN poll shows which issues Americans say will most influence their votes in next year’s presidential election. The issues that respondents most often listed as being “extremely important” were the economy (51 percent), health care (45 percent), unemployment (45 percent), and federal deficits (44 percent). In another recent poll, CNN recently registered Americans’ verdicts on how President Obama is doing in meeting their expectations on most of these issues: By a margin of 17 points (58 to 41 percent), Americans disapprove of Obama’s handling of the economy. By a margin of 17 points (57 to 40 percent), they disapprove of his handling of health care. By a margin of 30 points (64 to 34 percent), they disapprove of his handling of federal deficits.” Oops.
This sort of illuminates both the lack of competence and the lack of tact that’s come to characterize the White House. (“Obama Jokes at Jobs Council: ‘Shovel-Ready Was Not as Shovel-Ready as We Expected’”).