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Posted by on May 8, 2013 in Politics | 4 comments

Conservative Group Floats Obama Impeachment for Wrecking Stock Market, Really?

Right wing groups will stop at nothing to blast President Obama for just about anything, even the most preposterous. Conservative Capital Hill Daily sent the Citizen United’s listserv a query Tuesday, floating the idea of impeaching President Obama because he wrecked the stock market. Um, that was the very day the stock market hit 15,056 in a historic high.

When Obama took office on January 20, 2009, the Dow Jones was at 7,949. Over the last 4 years, it has gone up approximately 90 percent before reaching a new high today.

It’s important to remember that the health of the stock market is very different from the health of the overall economy. Middle class wages are stagnating and millions are still unemployed or underemployed.

But when a conservative organization claims ignores reality in such a blatant way, one can’t help but quote former Rep. Barney Frank: “On what planet do you spend most of your time?” Source

These right wing groups stop at nothing to discredit President Obama by any means. This isn’t just about despising him because he’s a Democrat. There’s a name for this, but I just won’t say it.

This was cross-posted from The Hinterland Gazette.