Saturday, September 03, 2011

Krauthammer: Obama 'Debasing Currency of Presidential Authority' Like Fed Devaluing the Dollar

Krauthammer: Obama 'Debasing Currency of Presidential Authority' Like Fed Devaluing the Dollar:

Syndicated columnist Charles Krauthammer on Friday said one of those truly memorable lines he comes up with from time to time.

Speaking about Barack Obama's decision to give his jobs creation plan before a joint session of Congress next week, Krauthammer told the host of PBS's "Inside Washington," "The same way the Federal Reserve is debasing our real currency he’s debasing the currency of presidential authority and presence" (video follows with transcript and commentary):

SNIP

Indeed, but it will be nonetheless fascinating to see the mainstream media's reaction Thursday.

Given his declining poll numbers, and Friday's terrible jobs report, Obama's fans in the press know full well this could be a make or break moment for the president they helped get elected.

If he bombs Thursday, will they have the professional integrity to admit it, or will they back his play no matter how poor it is?

(Excerpt) Read more at newsbusters.org ...

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