By: Bob Hoye | Mon, Oct 25, 2010
Print Email

Presidential Approval Index

The high of +30 was set on January 22, 2009 -- a couple of days after Obama's Inauguration.

This seemed to be the popular culmination of the most grandiose part of his nomination speech of June 3, 2008.

"I am absolutely certain that generations from now, we will be able to look back and tell our children that this was the moment when we began to provide care for the sick and good jobs to the jobless; this was the moment when the rise of the oceans began to slow and our planet began to heal."

Our "call" on his term of office was made the Pivotal Events of January 29, 2009.

"The editors at Institutional Advisors regret to announce that they have lost all patience with the Obama Administration."

The Rassmussen Poll is the difference between those who "Strongly Disapprove" and those who "Strongly Approve". The -24 is a record low and represents one of the quickest plunges in popularity of any president since Gallup started in the 1940s.

Other measures show an interesting contrast. Rassmussen in August reported that 67% of the political class think that the US is "Heading in the right direction".

Going the other way, 84% of the ordinary public disagree. Whoever the governing classes are--they are away out of touch with political reality.

More recently, Gallup shows that on the "Generic Ballot" that the Republicans are 10 points ahead of the Democrats - for the first time in a poll that began in 1942.

On September 7, the American University reported that for the first time since 1930 more Republicans voted in mid-term primaries than did Democrats. Republican turnout exceeded Democrats by more than 4 million voted. The average percentage of those who voted was the "lowest ever".

It looks as though there could be an interesting change with the mid-term elections on November 2.

This reviews a remarkable change in politics whereby an expanding portion of the electorate is discovering that the Obama Administration has been determined to dramatically reduce America's form of constitutionally limited government to as authoritarian as can be accomplished.

It is extraordinary that this is being accomplished largely through the efforts of late 1960s political radicals. The movement from the "SDS" and Weatherman" factions that trashed universities to around 40 "advisors" in the White House show an indefatigable drive to control everyone's lives. The "Alinsky Model" has been successful in "boring" into many institutions. Fortunately, "The Manchurian President", a recently published book by Aaron Klein, provides a readable and scholarly review of one of the most audacious political schemes in American history.



Bob Hoye

Author: Bob Hoye

Bob Hoye
Institutional Advisors

Bob Hoye

The opinions in this report are solely those of the author. The information herein was obtained from various sources; however we do not guarantee its accuracy or completeness. This research report is prepared for general circulation and is circulated for general information only. It does not have regard to the specific investment objectives, financial situation and the particular needs of any specific person who may receive this report. Investors should seek financial advice regarding the appropriateness of investing in any securities or investment strategies discussed or recommended in this report and should understand that statements regarding future prospects may not be realized. Investors should note that income from such securities, if any, may fluctuate and that each security's price or value may rise or fall. Accordingly, investors may receive back less than originally invested. Past performance is not necessarily a guide to future performance.

Neither the information nor any opinion expressed constitutes an offer to buy or sell any securities or options or futures contracts. Foreign currency rates of exchange may adversely affect the value, price or income of any security or related investment mentioned in this report. In addition, investors in securities such as ADRs, whose values are influenced by the currency of the underlying security, effectively assume currency risk.

Moreover, from time to time, members of the Institutional Advisors team may be long or short positions discussed in our publications.

Copyright © 2003-2017 Bob Hoye

All Images, XHTML Renderings, and Source Code Copyright © Safehaven.com