Tipping Point

Could it be that Obama has reached a tipping point? Republicans are hesitant to see victory approaching, but it’s undeniable that many factors are coming together against Obama.

Today their narrative on the death of our ambassador in Libya is unraveling. Any American who wants to can watch the testimonies on cable TV themselves. Looks like the State Department has finally rebelled against the stances they were told to take and threw Hillary Clinton under the bus. Yesterday State said there were no protests before the attack. There is information that Ambassador Stevens had been conducting business all day as normal, then looked outside to see an attack coming. So much for the YouTube movie theory. Who would have believed that in the first place?

On the campaign trail Obama has been bringing up Romney’s remarks about Big Bird and his desire to stop funding PBS. Obama thinks it is a grave enough matter to bring up; Matt Lauer on the Today Show was appalled.

Boy, when you’ve lost Matt Lauer, you’re in trouble.

Ditto Saturday Night Live which dissed Obama’s debate performance in a skit last weekend.

Speaking of lost, White House spokesman Jay Carney has been a no show at the podium for two weeks. He finally held one today, after the administration held a conference with themselves, state and the elite media. Guess they’re trying to coordinate their former “inconsistencies.”

Then there is the Obama reaction to the debate fiasco. They don’t think Obama needs to hone his debating skills. No, they’ve gone back to the old “kill Romney” playbook and fabrication about a 5 trillion dollar tax cut. Of course Romney will just smack him down again in the next debate, as will Paul Ryan to Biden, and Obama will again look like he’s deranged.

And take the Friday jobs number. Did they really expect the public to swallow a lie as big as 7.8% unemployment? Had they been more sly, they’d have racheted it down to 8%, leaving 7.9% til the Friday before the election. No serious economist could tamp down a whopper like that. Former GE CEO Jack Welch was one of the first to call them on it, even smacking down “Tingles” Matthew. He’s not retreated either. In the Wall St. Journal he explained his thought process:

Unfortunately for those who would like me to pipe down, the 7.8% unemployment figure released by the Bureau of Labor Statistics (BLS) last week is downright implausible. And that’s why I made a stink about it.

These three statistics—the labor-force participation rate, the growth in government workers, and overall job growth, all multidecade records achieved over the past two months—have to raise some eyebrows. There were no economists, liberal or conservative, predicting that unemployment in September would drop below 8%.

Other business leaders have begun to assert themselves against Obama, too.

Steve Wynn, CEO of Wynn resorts, told a reporter last night:

The president is trying to put himself between me and my employees. By class warfare, by deprecating and calling a group that makes money ‘billionaires and millionaires who don’t pay their share.’ I gave 120% of my salary and bonus away last year to charities, as I do most years. I can’t stand the idea of being demagogued, that is put down by a president who has never created any jobs and who doesn’t even understand how the economy works.

Then David Siegel, CEO and founder of Westgate resorts, sent an email to his employees Monday saying: “If any new taxes are levied on me, or my company, as our current President plans, I will have no choice but to reduce the size of this company,” he wrote. “Rather than grow this company I will be forced to cut back. This means fewer jobs, less benefits and certainly less opportunity for everyone.” He even threatened to shut down his company.

And the behemoth Darden restaurant group has said they will cut hours of workers to part time status if the Affordable Care Act gets implemented.

We’re watching a campaign in trouble. Will it tip over? It’s certainly headed there now.

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