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  • Click to view takamine69's profile
    Posted February 21, 2010 by
    Location
    Gulf Coast, Mississippi
    Assignment
    Assignment
    This iReport is part of an assignment:
    Signs of the economic times

    More from takamine69

    Is President Obama bad for business??

     

    -- U.S. investors overwhelmingly see President Barack Obama as anti-business and question his ability to manage a financial crisis, according to a Bloomberg survey.

    The global quarterly poll of investors and analysts who are Bloomberg subscribers finds that 77 percent of U.S. respondents believe Obama is too anti-business and four-out-of-five are only somewhat confident or not confident of his ability to handle a financial emergency.

    The poll also finds a decline in Obama’s overall favorability rating one year after taking office. He is viewed favorably by 27 percent of U.S. investors. In an October poll, 32 percent in the U.S. held a positive impression.

    “Investors no longer feel they can trust their instincts to take risks,” said poll respondent David Young, a managing director for a broker dealer in New York. Young cited Obama’s efforts to trim bonuses and earnings, make health care his top priority over jobs and plans to tax “the rich or advantaged.”

    Carlos Vadillo, a fixed-income analyst at Wells Fargo Securities LLC in San Francisco, said Obama has been in a “constant war” with the banking system, using “fat-cat bankers and other misnomers to describe a business model which supports a large portion of America.”

     

    Article by Heidi Przybyal - Amoung many others since the president has taken office.

    More below.

    http://articles.moneycentral/Investing/Extra/IsObamaBadForBusiness

     

    My comments,,

     

    After reading articles since,

     

    well, since Obama has been in office this is a legitimate question.

     

    My question to you remains the same...

     

    IS THE PERCEPTION THAT THE PRESIDENT IS HOSTILE TO BUSINESS A FAIR ONE?

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