I'm afraid there is no good news and not much chance of it going forward either. The best they can do now is buy some time.

 

Barrack's rock star image is over big time. He is not so "cool" all of a sudden! Not at home and not abroad.

 

That's the impression I'm getting. He gets no respect. pretty much wherever he goes.
He's made a lot of our western allies angry. He's out and out disrespected England and Germany.
He's not going to support Isreal.
Our monetary policies are upsetting people on a global scale. Our debt and deficit are.. astounding and unsustainable.
Even if if his latest tour had drummed up some billions in trade deals,... it's a drop in the bucket. This 'magical mystery tour' was weird from the get-go.
I really don't think he cares. Well, he doesn't care about this country or our western allies, in my opinion. I judge that by his actions.

C'mon folks.. start posting the positive result of his trip.
I could use some good news.

 

Wsierra, you forgot this one:
http://www.rawstory.com/rs/2010/11/obama-india-trade-deals-create-50000-jobs-workers/

If you get past the $300 mil-a-day fallacies and understand why he is there, maybe you could appreciate it a little bit more. When you explore the problem of a trade-deficit, it becomes clearer why Obama went to Asia.

Is there a major catastrophe on our soil that Obama wanted to escape? Nope, but you may have believed that last Saturday.

Can you read the news and not badmouth anything Obama does? Because if you can't, ask yourself if you are part of the problem why our country is so divided, and why politicians have to play dirty politics and such...

 

Thanks. I hadn't seen that article.
50,000 jobs for the USA.
There are about 100,000 - 125,000 Americans 'coming of working age' each MONTH in America. 50,000 jobs. How much did Obama's jet fuel cost for this fiasco? This trip has been a bust.

Not impressed.

You sound like you're fairly young.

No, I'm not a part of the problem. I've been a part of the solution since 1964. Divide the country?.. you are clueless.

How many times have you read the US Constitution? Do you even understand what this country is supposed to be?!

Politicians play dirty tricks because they are dirty. Moral men of character would not behave like this under any circumstances.

I wouldn't know where to begin to help you see why we're in this shape, and why Obama is not a leader,.. he 's a global lightweight.

Find some more articles,... I'll read 'em. I'm still looking too.

 

I'd say Obama probably did quite well. Kiss good-bye to another couple hundred thousand IT jobs off-shored to India. It'll boost the shares of IBM, HP, etc. Nobody here actually works for a living, eh? Your stocks should do nicely.

 

did any of you notice the group picture they took? in the past the united states president always stood in the middle. this time they put obama way off to the side. take a guess who now stands in the middle showing who is the top dog now?

 

Obama is a traitor .... Impeach the SOB ....

 

Example of "market noise":




Don't listen to it

 

I'm waiting for him to come back and explain how there are a billion indians with a rising level of income, and if we give them most favored trade status, we will all get rich selling them crap.
Just like we all got rich off China.

 

Practice what you preach WSierra. You say I know not what this country is about. Well, maybe. But I do know at least, that the burden of proof is on the accuser. As far as this thread goes, you are the accuser. And all the "proof" you have provided are a couple opinions and some links, and no deep concise thesis of exactly why Obama's trip is a bust. 50,000 jobs is great, ok. Hell, 50 jobs is better than 0 created. 100,000-125,000 are entering the workforce? Well you forgot to mention how many are LEAVING the workforce every month too.

I don't defend all of Obama's policies, and I don't know yet whether this Asia trip is a bust because i don't have all the facts YET. Therefore, I will keep my mouth shut. But I wont hesitate to call people out who cherry-pick facts and claim truth. Bide your time, lets put faith in God and Obama that this trip will pan out for the positive.

Real investors make money in up and down markets, they don't listen to the "noise" so they can get a clearer picture of the overall trend

 

Bide your time, lets put faith in God and Obama that this trip will pan out for the positive.

Let's put faith in God and Obama? Anyone would be a fool to put trust in Obama.

 

Wow, I'm not too broken hearted about it. He'll throw some spin on it, you watch.

 

It is all more of the same and that is all we will get for a long time… if we are lucky. Oh well he DID promise us change. I guess achieving third world status does count as change. After all imagine how many jobs will come back home once the dollar is worthless. Although I doubt too many people will like working under the new conditions. On the bright side it will solve one problem… once we are broke enough the arguing over liberal vs. conservative spending will end… we will only be able to afford to be conservative.

 

I think Obama is doing the best he can with what he has to work with and what he believes. Problem is that his agenda is not based on what the country wants. Going to Asia and attempting to sweet talk some trade deals to reduce the trade deficit is step one, which must be done before tariffs, ie diplomacy first guns second. Returning with 50k jobs is fairly silly based on the cost to get those jobs, we see this time and time again, like a $700m grant to Dow for their new solar manufacturing facility to generate a whopping 1100 jobs in 3 years...absolute silliness...50 jobs here 1000 jobs there is not going to put back to work the 14million without jobs, the only way that will happen is to bring back our manufacturing and the only way that will happen is through very tough trade policies (the dreaded protectionism posture). Funny how the G20 is so worried about Protectionism and pontificating at length about how they all need to agree not to go there, but in reality ALL of them are going there, albeit covertly but going there nonetheless.

In the end every nation is going to do what is best for their own nation, Obama can take trips and have press conferences but at the end of the day he is really powerless without a country and congress that will back massive strong trade policy reform and enforcement. Which is of course not going to happen because it would not be profitable to the corporations that pay for our politicians campaigns.

Don't get me wrong, not defending Obama, certainly not an Obama fanboy, quite the opposite really but in this case he really went there with no leg to stand on and nobody from the US could have done any better.

 

I think Obama is shocked at this point. These kinds of trips are done when lower level diplomats has ironed out the details of a deal. For him to walk away with nothing from the G20 and South Korea is a major upset.

The G20 bashed the US for its QE2 program because our policy will force other nations on a path to deflate their own currency to keep their exports attractive. The only country that I could find that was sticking up for the FED's move was Canada.

BUT!!!! The President had a surprising Presidential moment during the trip. He was asked about the Debt Commission report and his response was for once respectable. He indicated that it was to early to tear apart the recommendation of the commission and there were going to have to make tough cuts if we wanted to reduce the debt.

 

Post removed.

 

This administration has no intent of trying to unite the country.

Watch the dollar continue to fall as the fed prints and the president panders.

 

So somebody please justify keeping troops stationed in South Korea for me. (or dam near anywhere else for that matter).

Load the boats boys and girls.

The headline in my local paper in reference to this trip read "Every Man For Himself".
That's fixing to apply to a lot more than just nations.

 

We had a special guest speaker in college who was a General from one of our War Colleges. During Q/A I asked that exact question about our deployments in Asia.

His response was that the Japanese government pays for almost all of the Pacific theater operations. I think he said something around 70% but it has been a long time.

 

I think he needs to go on vacation in Pakistan so he can visit his family.

 

Well i don't know what this trip cost the taxpayers and i do not believe anything the Washington crew says if they told me it was dark i would have to look first spending money we don't have and can't pay back is the game this prez likes and all congress goes along all liars and crooks

 

Pay little attention to what BO says, or anybody in Washington for that matter. Pay very close attention to what they do.

 

People trusted Hitler too.

 

Wow... even CBS agrees...

CBS News: Obama’s G-20 Performance an ‘Embarrassing Disappointment’

http://www.breitbart.tv/cbs-news-obamas-g-20-performance-an-embarrassing-disappointment/


And ABC covers it too...

ABC News: Obama Strikes Out in Asia

http://www.breitbart.tv/abc-news-obama-asia-trip-fails/

 

I am sure that the REALLY IMPORTANT stuff will not be in the headlines. Closed-door deals will be the most important things that come out of these trips.