Investors Brace for the Fiscal Cliff as Obama Gains in the Polls
President Barack Obama speaks with Speaker of the House John Boehner (R-Ohio) and Senate Majority Leader Harry Reid (D-Nev.) during debt ceiling negotiations at the White House on July 23, 2011. Investors are bracing for a similar gridlocked situation over the fiscal cliff as Obama gains in the polls against rival Mitt Romney. (Getty Images)
NEW YORK (AP) — As President Barack Obama widened his lead over Mitt Romney in polls this month, traders at hedge funds and investment firms began shooting emails to clients with a similar theme: It’s time to start preparing for an Obama victory.
What many in the market worry about isn’t that high earners may pay more in taxes if Obama is reelected. It’s gridlock in Washington come January, when more than $600 billion in spending cuts and tax hikes could kick in just as the country smacks into its borrowing limit again.
There is reason to expect a deal. If Obama wins, the Republican fight to make him a one-term president will be lost. With the elections over, there will be little reason or room for political posturing. House Republicans could finally decide to be more cooperative.
“They’ll be faced with determining whether we get a recession or not,” says Jeff Kleintop, chief market strategist at LPL Financial.
But investors remember the budget battle in the summer of last year, which ended with the country losing its top credit rating and panicked investors fleeing the stock market. Investors are fearful of a repeat. In a second term, Obama would likely again be pitted against a Republican-controlled House of Representatives.
“If you have any kind of gridlock, you run the risk of inaction,” says Tom Simons, a market economist at the investment bank Jefferies. “This is a situation where inaction is the worst outcome.”
The next fight could get just as messy, but most on Wall Street think Congress and Obama would eventually manage to postpone some of the $600-billion-plus “fiscal cliff” before the year is out and avoid tipping the economy into a recession.
The Congressional Budget Office recently laid out the grim consequences of dropping off the fiscal cliff. Starting Jan. 1, tax cuts signed by President George W. Bush expire as do Obama’s cuts to payroll taxes. Federal spending on defense and other domestic programs will drop, while emergency unemployment benefits run out.
The combined effect off all these changes would shrink the economy nearly 3 percent at an annual rate in the first half of next year, the CBO estimates, and push unemployment up to 9.1 percent by the fall. Recent surveys of businesses suggest the threat is already weighing on the minds of executives when they’re making hiring and spending plans.
For the world’s biggest money managers, the fiscal cliff now ranks as the greatest hazard to the global economy, according to Bank of America’s most recent fund manager survey. It topped the European debt crisis, a collapse in Chinese real estate and even a war between Israel and Iran.
The danger looms so large to most investors that they believe Washington will find a way to escape it.
“Ultimately, I think a deal gets done, but it’s just a question of how long it takes to get there,” Kleintop says. “By no means is it going to be an easy process. Gridlock means there’s a greater chance that this drags on into next year.”
Analysts at investment firms have kept a close eye on polling numbers and especially on the Intrade, an online marketplace where members can trade predictions on events like elections. Polls show voters leaning toward Obama in key swing states. On Intrade, the odds have swung strongly in Obama’s direction, jumping to a 76 percent chance of re-election, up from 51 percent at the start of September.
Democrats are far less likely to take the House from Republicans, who hold a 50-seat majority. Intrade markets put the chance that Republicans will control the House at 74 percent.
If these forecasts prove right, the balance of power in Washington would remain the same. Democrats keep the White House and a slim majority in the Senate, and Republicans keep the House.
What troubles investors is that the same cast of characters who fought over raising the debt ceiling last year could be taking up the same task again while debating how best to maneuver around the fiscal cliff.
Expect to see a replay of the debt-ceiling fight, says Ian Lyngen, a senior government bond strategist at CRT Capital. Except that this time what’s at stake is the country’s borrowing limit and a recession.
“I’m sure it’s going to go just like it did last time – very messy,” Lyngen says.
In one dizzying stretch that August, the Dow Jones industrial average dropped 2,000 points in three weeks.
“And don’t forget,” Lyngen adds, “that ulimately got resolved.”
The widespread belief on Wall Street is that Congress and Obama will start negotiations over raising the debt limit and pushing back the fiscal cliff when they return in late November – the so-called lame-duck session, because newly elected members of Congress will not have taken their seats.
Twists in the talks will likely rattle markets as the new year approaches. But if stocks do fall sharply, investors expect that would push Republicans and Democrats to reach a deal.
“Ugly negotiations in the lame-duck session could really throw the market for a loop,” says Kleintop. “It could be a painful process for investors.”
In a report out this week, analysts at Goldman Sachs tried to estimate just how painful the process will be. Goldman expects the stock market will start sinking after the elections as people realize the fiscal cliff “will not be solved in a smooth fashion.”
That’s the reason Goldman forecasts that one broad measure of the stock market, the Standard & Poor’s 500 index, will end this year at 1,250 – a 13 percent drop from where it closed Thursday.
But all of that mayhem sounds better than the alternative: another recession caused by letting the $600 billion in tax increases and spending cuts through. It’s also why many take solace in the idea that, whatever their political party, nobody wants the economy to shrink.
Dan Greenhaus, chief global strategist at the brokerage BTIG, wonders if that’s placing too much faith in Washington. “Republicans aren’t losing the House,” Greenhaus said. “So as the odds of Obama winning reelection go up, what you have to ask is: How are these two parties going to find middle ground in just a few months? I have no idea.”
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Comments (211)
starman70
Posted on September 29, 2012 at 9:27amFirst one has to believe the polls broadcast and printed by the Obama POLITBUREAU aka the LAMESTREAM MEDIA. They are all in the tank for Communism and its most visable spokesperson BHO.
DON’T BE SWAYED BY THEIR GARBAGE!! They all (The lamestream media) want you th think that all is lost and resign yourself to either not vote or vote for Obama. DON’T LET THEM FOOL YOU!!! DON’T BECOME DISHEARTENED!!! Keep working for a major change in the Senate and the White House.
REMEMBER: WE SURROUND THEM!!
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ashestoashes
Posted on September 29, 2012 at 9:48amI believe it was Ayn Rand who said..when you have 47% of the population working..and the rest on welfare..then you have a problem..because that 53% is definitely going to vote for the working class to continue to take care of them..not to mention all of the illegals, dead people..dogs..and car trunk votes that will show up..oh adn did I mention Acorn and her subsidiaries..all funded by our tax dollars? Oh..and did any of us ever want Romney? They shoved him down our throats..so who is in control? The banks..that’s who. the votes won’t even be counted here..they will be counted in Spain.
This is who’s in the Whitehouse..posted by MOMPRAYN
http://www.canadafreepress.com/index.php/article/48202
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ashestoashes
Posted on September 29, 2012 at 9:54amYou have probably read by now..that the banks bankrupted us back in the 1860′s..and that our government is now run as a Corporation..that is why they can place a foreigner in the office of the Presidency of the United States..and why they could sell that office to the Arabs beginning back in 1979..a slow process..bringing in 11,000 muslims a month..and Obamas executive orders bringing in tens of thousands Posted by MOMPRAYN
http://patdollard.com/2012/09/obama-vetting-1979-newspaper-article-by-valerie-jarrett-father-in-law-reveals-start-of-arab-purchase-of-u-s-presidency/
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NHwinter
Posted on September 29, 2012 at 10:10amashestoashes – That link you posted is absolutely chilling and frightening!!!
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Salamander
Posted on September 29, 2012 at 10:59amWhen all the ‘rich’ people lose all their wealth, who is going to pay for all the seniors’ residences, retirement communities, hospitals, hospices, yea, even funerals? Will the formerly poor, newly redistrirbuted step up to the plate and meet their newfound obligations? If you don’t think this is a problem, go visit some seniors residences (not the government-funded ones, but the ones that stand on their own two feet), and ask a few residents what their biggest fears are! Hint: it isn’t death-they understand the inevitable; it is outliving their money-something that was unforseen a few years ago, but which now looms larger than The Grim Reaper!
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Stuck_in_CA
Posted on September 29, 2012 at 11:11amEven Rasmussen’s polls may have slightly flawed sampling, although they are the closest to reality.
If you haven’t yet, check this site out. Look around…. Very interesting:
http://unskewedpolls.com/
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MEANS2RESIST
Posted on September 29, 2012 at 11:26amThis is all Bullsh*t hype, these people are manipulating the market for them selves. They have a nice wishlist there don’t they?
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turkey13
Posted on September 29, 2012 at 11:29am“Those in power need checks and restraints lest they come to identify the common good for their own tastes and desires, and their continuation in office as essential to the preservation of the nation.” – Justice William O. Douglas
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John_Free
Posted on September 29, 2012 at 11:39amPreach it Brother!!!
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michael48
Posted on September 29, 2012 at 11:46amshuttered buss. 11/04/08…CIF=cash in fist..UOG=until ocommie GONE…mission accomplished…everything secure and cash in Bank of Yuban..some in Bank of Hills Bros…no intrest..but I KNOW WHERE IT IS…
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Kregneva
Posted on September 29, 2012 at 12:06pmThe best course of action would be to have everybody focus on the debt as if we were fighting World War II. Get the entire country engaged in an All Out War on Debt. Each of us could do what we could do, and penny by penny we can pay off the debt a little bit each day. With 330 million of us focused on this goal, we would solve the debt issue within a few years. If we simultaneously reformed taxation and regulation we could reset the economy by 2020.
Stand together, America. We should reward economic patriots as much as we do military heroes. Medals and parades touch a special chord with various patriotic members of our American society, and give instant recognition that it takes diversity, cooperation, and broad sacrifice to be the greatest country of earth!
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Pigpen
Posted on September 29, 2012 at 12:13pmThis is the groundwork for a COUP! The polling is going to be the cover for rampant VOTER FRAUD! Obama WILL win the election by hook or by crook and when you dumb cr@ckers start screaming FRAUD the media overlords who RULE YOUR COUNTRY will point to all these polls and to the DOCTORED media footage. Makes you kind of wonder why no one is planning to look for fraud in the polls. Why isn’t theBlaze running stories about VOTER FRAUD both past and present? Why is EVERYONE going along with this? Again, our so-called leaders have failed us? Do I believe that Glenn, Mitt et al are in on the conspiracy? No, I do NOT think that. I DO think that Glenn, Mitt et al are just like the rest of you Blazers. You want to be respectful of your opponent and because you feel so d@mn omnipotent due to your modest temporal success that you feel like you can afford to be magnanimous towards your political opponents. WELL YOU CAN’T. This is a SETUP! Wake up you NIMRODS! Fox News, theBlaze, the Romney campaign, Rush, and EVERYBODY who still believes in FREEDOM should be SCREAMING FRAUD! FRAUD! FRAUD!…
WELCOME to the END!
Qui Pugnet pro Nobis?
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thatsafact
Posted on September 29, 2012 at 12:18pmObama is not ahead in the polls. It is a deliberate attempt by the liberal mainstream media to depress the turnout of republicans and conservatives to vote for Romney. They are putting out a narrative that Obama has this thing in the bag while overweighting every poll on the democrats behalf. It is the worst kind of propaganda. Get out and vote and go to resthomes with absentee ballots. The dems do it. We have got to get down on their level and fight for our country. They will be going to resthomes and group homes to register people do the same thing.
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Kregneva
Posted on September 29, 2012 at 12:43pmWriting that Oblamer is ahead in the polls is a could also be deliberate ploy by the poll controllers to depress the turnout of democrats and radical liberals to vote for Demoncrats. If the hippie-dippies assume Obama has this thing in the bag they won’t expend the energy to sober up, get out of bed, take a shower and walk to the voting booth. They will just stay home chitchatting on their Obamaphones about their next Federal handout. The fairest thing to do would be to outlaw all polls from October 1st to after the election.Too bad our Constitution protects press and public speech, requiring that we Americans learn to think a lot.
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4GODUSAANDISRAEL
Posted on September 29, 2012 at 1:50pmWhat concerns me, is that the polling data doesn’t make sense. Voter registration is down among democrats, up among republicans, most everyone I know who voted for Obama is voting Romney, the crowd sizes are larger for Romney. With all i see, it’s pointing to a Romney land slide, but everyone is saying Obama wins, so, has the election been bought? An Obama victory doesn’t add up and I suspect that if he does win it will be due to voter fraud or a corrupt electorial college.
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CouldItBe
Posted on September 29, 2012 at 2:34pmASHESTOASHES : The article shows how Obama will be in control period. In the days ahead people will see that we do free prisoners to terrorists and violence is the next play of this administration. Obama knows he has lost the election and MUST declare martial law and stop the election. If people more to violence in the coming days this country is lost. LOVE PEOPLE or the country is lost !!!!!
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db321
Posted on September 29, 2012 at 5:11pmThis election day, with the polls up for Obama, many of the dependent’s on Government will do what they do best on election day – stay on the couch and watch TV. Vote People they wont!
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Look4DBigPicture
Posted on September 29, 2012 at 8:50pmThe polls don’t discourage me … they just make me want to go out there and work even harder to get Romney elected. We absolutely cannot allow Obama to win!
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2gether
Posted on September 29, 2012 at 9:06pmAMEN! We do surround them although it is more often than not that we are browbeaten and misled by the MSM. I try very hard to not even listen to it because they can really bring me down. Americans know what is happening. Perhaps not all Americans but most Americans. Because of that I have faith that each of us is able to see through the words and lies and feel in their hearts what is true and what is enduring. We will do the right thing because we are good people. Our government leaves a lot to be desired but we; the American people, are good people who trust in their Creator and hopefully we can start trusting each other just as much. This is the only way we can be the neighbors and the country of patriots we need to be to each other to affect the changes necessary to set us on the right track once again.
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West Coast Patriot
Posted on September 30, 2012 at 2:10amI have been trying to tell you guys that Obama will win. That sucks, but is reality. I think it would have been harder for them to skew everything if Paul had won, but too late for that one. The polls are true, quit being led by the nose. http://www.realclearpolitics.com/epolls/2012/president/us/general_election_romney_vs_obama-1171.html This is a conservative polling site. The choice is between two Elite Picked candidates, and they really do not care which one, but Wall Street would rather have Romney because Obama messed them up. It will not happen though and partly because of the rampant fraud from Republicans. The RNC has lost the Independent vote, and that is all there is to it. I am not sure at this point if anything will help. Blindness to Liberty got us here and blindness to Liberty will be our destruction.
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Prosecute_Constitutional_Treason_In_Washington
Posted on September 29, 2012 at 9:15amWe have chosen the path to hell. “the way of the wicked is hard.” God is “angry with the wicked everyday.” (Bible) Our society is finished and the proof is Obummer being reelected. In the first 4 years Obummer destroyed about 20% of what he is going to destroy in the next 4years.
There is only one repreive from God’s judgement. Repentance individually and as a nation. And action.
Put away sin and take back the gov. with strong moral leaders. This is unlikely to happen. So now we live under the slowly crushing judgement of God. Most Christians have failed to be salt and light and now we are a nation of wicked, vile, and evil deeds.
There is no hope living with God’s judgement other than repentance. Until we repent, all will continue in decline. The pastors in America should be taken out and whipped instead on worshiped for their role in this failing to preach God’s Word against the sin in DC. Failing to warn the people in simple straight terms. Failing to tell the truth not willing to offend the wicked. The pastors in America are shamefully weak leaders.
The end of America will be confirmed in Nov. America will now move to a complete Hitler state. Our children will be enslaved forever until America is no more. The UN will take complete control in time.
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Dushman Kush
Posted on September 29, 2012 at 10:00amThe World Council of Churches and our own National Council of Churches have aided and served the goals of the Communist International. The “pastors” failed to absorb MASTERS OF DECEIT, NONE DARE CALL IT TREASON, and DEVIANCY, DEPENDENCY, DISSEMBLING. In the future, Allah and Sharia will rescue “America” from depravity. In the meantime, let every American concerned about the future of this country convert to Islam. Reject the “Bible” of the Jews and reject the “New Testament” of the Roman homosexual religionists. Long Live the Communist International!!!!
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MEANS2RESIST
Posted on September 29, 2012 at 2:37pmDOUCHEMAN KUSH, put down the meth pipe man!
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MsMarylou8
Posted on September 29, 2012 at 9:11amWhy would anyone vote for this guy again. For a free phone? http://www.americanthinker.com/2012/09/its_over.html
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starman70
Posted on September 29, 2012 at 10:06amHey, don’t forget the block long line in 2008 waiting for the FREE OBAMA MONEY. When asked where the money came from the answer was, “I don’t know, his stash I guess”.
HMMMMMMM!
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Salamander
Posted on September 29, 2012 at 11:26amObamabucks, backed by the full faith and credit of YOUR NEIGHBOR!
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progressiveslayer
Posted on September 29, 2012 at 9:10amHere’s an oldie but a goody because ‘it’s in the paper it must be true’.
http://deweydefeatstruman.com/
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TheePolitinator
Posted on September 29, 2012 at 9:56am“The man who reads nothing at all is better educated than the man who reads nothing but newspapers.”
by Thomas Jefferson
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progressiveslayer
Posted on September 29, 2012 at 10:45amJefferson was one of my favorites,too bad we don’t have modern day politicians like him.
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endgamer
Posted on September 29, 2012 at 9:09amHere we go again, Glenn peddling FEAR to gain readership and to help Romney which means we keep the same damn course.. We lost our chance to have real change at the RNC.. The only hope is a write in for Ron Paul ( Hey Lisa Murkowski pulled it off in Alaska) or Gary Johnson.. Otherwise you and I are screwed!
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skiz
Posted on September 29, 2012 at 9:17amIf you write in Ron Paul or vote for Gary johnson we are deviding our forces and we are screwed and I will blame YOU!
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justangry
Posted on September 29, 2012 at 9:25amSkiz, Dividing forces? There are those of us who honor the Constitution and those that don’t. Which one are you? Never mind, I already know the answer.
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rockymtngal
Posted on September 29, 2012 at 9:59amNY AP isn’t the end all beat all when it comes to poll #’s. No matter which way the wind blows, expect the stock market to go down. We, as a nation cannot sustain itself if our gov’t keeps spending without budget cuts & Obama has proven that he’s not able to control his compulsive spending. The GOP promised us that they would cut spending, and nope, they just kept signing off on more. We MUST have people in Washington who understand basic math principles, and those who will have the guts to say NO MORE SPENDING!
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13th Imam
Posted on September 29, 2012 at 10:20amYah, vote for the King of Earmarks. Or just vote for the King of Ears. Same difference
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TIME_2_END_THE_PAUL_CAMPAIGN_IN_12
Posted on September 29, 2012 at 2:14pmRon Paul, Gary Johnson, and Virgil Goode say they do not stand for “collectivism.” But right now, they stand in the way of stopping “collectivism.” That’s why it’s silly to dismiss Romany as no different than Obama. Some wave off their obligation to choose with a cliché, that Romney is just “the lesser of two evils.”
Even if that’s true, the key is “lesser.” If you have to choose between encountering a hubcap thief and an axe murderer, you’d be a fool to shrug your shoulders and risk some face time with the dude with the hatchet.
This is no time to “make a statement” or pout that Ron Paul got treated badly… whaaa, whaaa, whaaa…. sux to be him, too bad, tough ****. But if you are truly dedicated to the Constitution you won’t let it be trampled in order to make some soon-to-be-moot point.
Priorities, people. Nothing less than the Constitution is at stake here. Conservatives know this. So time to put your big boy pants on and get your heads out of your “collective” @sses boys and man-up.
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justangry
Posted on September 29, 2012 at 8:08pm@Time2, Funny you should mention a comparison between a hubcap thief and a murderer considering your guy is the bigger chicken-hawk warmonger. Ron Paul and Gary Johnson want peace. The dillhole you’re supporting wants to end the freaking world to fulfill some prophesy, which I personally believe has the same merit as the leaves are changing because Demeter’s pissed Persephone is heading back to the underworld.
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KC1
Posted on September 29, 2012 at 10:25pm@Time
Yeah I read that Briet Bart article as well, actually both of them. Funny how you fools are begging for us to fall in line now after saying how insignificant our movement is.
Dont hold your breath, because we know Romney will not defend constitutional rights or free markets anymore than Bush or Obama. Romney’s support for the Fed, bail outs, TSA and NDAA says enough and to expect anything more from that prog is naive.
The analogy you copied verbatim “hubcap thief or a axe murder” is misleading.
A better analogy would be an axe murder vs a murder with a hatchet. Either way we end up dead and its you RINOs that bare the blame, NOT the freedom movement!
You prog RINOs brought this on yourselves you fools.
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West Coast Patriot
Posted on September 30, 2012 at 3:16pmTime_2, You are still here with the same idiotic name talking as though you know things when you are clueless. Ron Paul was not treated badly, they (Romney and RNC) violated federal law against Paul to get where they wanted to be. Paul supporters were treated with disdain and crimes were committed against them. Then the Romney campaign along with the RNC turned a blind ear to the voice of the people in passing rules which will help keep grassroots candidates from having any chance in the future so the RNC can continually pick the candidate for the people. Shameful actions and a blow to freedom. I guess you are all for that as you seem to be more socialistic than for a Republic form of government. I just wish Republicans would wake up to all that is happening, their voices are now moot in the process.
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Worriedboomer
Posted on October 1, 2012 at 1:00amI was not a Ron Paul supporter, but I do support the Tea Party and I was furious at what happened at the Republican Convention. I think that the first goal is to defeat Obama, and then to take on the Republicans from within and find a way to get a rule change, or to get rid of the party. The energy that has gone into Ron Paul’s campaign and the Tea Party campaigns can be turned next to correcting or defeating the Republican Party. But if Obama wins another term, that will be the absolute least of our problems, and probably won’t happen. Let’s get rid of the Socialist and then clean up the Republican party. Or work to get a Libertarian elected in ’16. Ron Paul made great strides and they can be built on, but not if Obama wins. Think strategically. Voting third party this year is only going to re-elect Obama. And then you can kiss elections goodbye.
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West Coast Patriot
Posted on October 1, 2012 at 1:31amThe Blaze, along with Glenn Beck, Rush, Levin and the rest are pleading and begging Ron Paul supporters to vote for Romney, but it will not happen, I guarantee it and Mitt Romney will lose! http://communities.washingtontimes.com/neighborhood/political-potpourri/2012/sep/30/when-all-else-fails-blame-paulbots/
http://www.realclearpolitics.com/epolls/2012/president/us/general_election_romney_vs_obama-1171.html
Even your precious Fox has Romney losing by 5 !!
You guys picked the wrong candidate, because he is not the truthful, God fearing man you thought he was, he was a criminal violating federal law to win the nomination he was promised four years ago, from the most honest man to run for the office of President since George Washington. My opinion.
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TyrannyNoMore
Posted on September 29, 2012 at 9:07amI found this excellent essay this morning on what is at stake if Obozo wins. I would like to share it with all of you.
http://spectator.org/archives/2012/08/31/election-2012-america-will-nev/
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progressiveslayer
Posted on September 29, 2012 at 9:15amGreat article and thanks for posting,now where did I put my passport? Oh what am I thinking they’ll be nowhere to escape the global communism that’s coming.
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Stelex
Posted on September 29, 2012 at 9:28amExcellent article……..Thanks, I’ll pass it along as well
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No Grass
Posted on September 29, 2012 at 11:40am@tyranny…
Good post. I’ll forward this article to many who need some coherent explanation and argument.
The subject Blaze financial article missed the connection to “O” care as in this Blaze article:
http://www.theblaze.com/stories/these-are-the-top-5-worst-taxes-obamacare-will-impose-in-2013/
Your posted American Spectator article includes “O” as a major impact to a double dip recession. I think the scariest part is the Supreme Court impact. “O” with Senate and the Court is a wall we citizens will not be able to scale.
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Tri-ox
Posted on September 29, 2012 at 9:03amRemember when Jimmy Carter beat Ronald Reagan in 1980?
“In a series of nine stories in 1980 on “Crucial States” — battleground states as they are known today — the New York Times repeatedly told readers then-President Carter was in a close and decidedly winnable race with the former California governor. And used polling data from the New York Times/CBS polls to back up its stories….”
http://spectator.org/archives/2012/09/25/how-carter-beat-reagan/print
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dublinthewagons
Posted on September 29, 2012 at 9:12amThe only poles that count are the ones Obama, Biden and the press will be riding after they are tared and feathered.
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justangry
Posted on September 29, 2012 at 9:17amYou’re comparing Romney to Reagan? LMAO
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DEMOCRATS.ARE.EVIL
Posted on September 29, 2012 at 10:17amJUSTANGRY – maybe you can get someone at home to read the post to you until you understand it. He’s comparing polling in 1980 with today, not Reagan with Romney.
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BODYBAG
Posted on September 29, 2012 at 10:43am@JUSTANGRY
Posted on September 29, 2012 at 9:17am
You’re comparing Romney to Reagan? LMAO
_______________________________________
No idiot. Similar scenarios. LMAO!!!!!!!
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metalurgy
Posted on September 29, 2012 at 8:42amJust found out I will be losing my job within the next two months and my healthcare was terminated.
Now get back to work and pay your taxes to subsidize Amerika’s unemployed and yet to be unemployed, illegal aliens and Muslim terrorists abroad.
Welcome to the new normal.
Free Obama Fonez and Colonoscopies for everyone b!tchez!
People don’t have to work when Uncle Shuggah gives ‘em free ****. John Beohner (D) has blown a hole through the Constitutional Debt limit three times on his watch. GOP will lose the House again thanks to that a$$h@t in sheep’s clothing.
Four more years, read and despair…
http://www.realclearpolitics.com/epolls/2012/president/us/general_election_romney_vs_obama-1171.html
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Prosecute_Constitutional_Treason_In_Washington
Posted on September 29, 2012 at 9:05amAs there is a God in Heaven, Obummer winning Nov. is an absolute sign God’s judgement is upon America for lack of living right. We are now under God’s judgement and the only way out is repentance. God’s screws of wrath will slowly continue to tighten. Your family will suffer. This is the result of America turning it’s back on God from the pulpits to the public schools to entertainment. Don’t believe me, listen to random conversations of strangers and see how many times God is cursed and profaned. The judgement we are facing will increase until it crushes everyone. The locusts have been unleashed to eat everything you do or try to accomplish. All your efforts will be dust. The only way out is individual repentance.
Where are the preachers in America? They are afraid to speak out because they sold their church to the gov.s 501C3 nonprofit tax exempt status. The shepherds will not speak about the vile, evil, and wicked acts in DC. They are silenced. Satan has corrupted the church trading preaching truth for tax exempt status.
Many Christians are to blame. We have sent our children to public schools; we have no personal daily relationship with our Saviour; we watch the same filth on TV and at the movies; we live for entertainment and not God; we serve ourselves and not God; we are not salt and light. Satan’s influence is everywhere dominating our lives.
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skiz
Posted on September 29, 2012 at 9:21amI believe @PROSECUTE! When our nation holds GOD on high we prosper and are at peace. When we dont this is what we get. God please forgive us!
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CouldItBe
Posted on September 29, 2012 at 2:10pmCould it be that God wishes we would have chosen him? May we each return to our churches and pray and repent. This is what will save this country not the election.
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DEMOCRATS.ARE.EVIL
Posted on September 29, 2012 at 8:41amObama gains in the polls?
Please, Blaze, don’t dignify media corruption, or use it to draw readers.
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wingedwolf
Posted on September 29, 2012 at 9:04amThank you for saying it, I was just about to do it myself. This piece of arab filth is not gaining in the polls.
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skiz
Posted on September 29, 2012 at 9:15amWhy have a story that is a total lie. Romney is going to take this thing, unless the BPP and Acorn steal the election (again). But one thing is correct in this story. If obama wins re-election, get ready, we ARE going over the cliff. The stock market will collapse and un-employment (21%, the real number) will be unbelievable! Then those that called us conspracy freaks will know the truth and want to eat our food we have been saving for 4 years! THIS IS EXACTLY WHAT oBAMA SET OUT TO DO, DESTROY OUR COUNTRY FROM THE INSIDE! Get ready for civil war if he is re-elected!
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Wango
Posted on September 29, 2012 at 11:11amCONSAREEVIL . . . Yeah! Why not show those reputable polls, like the ones showing Scott Brown way up? You spike with such conviction that you persuaded me. Share them with us, won’t you Mr. Evil? We need your scholarship and wisdom. Don’t keep it under a bushel. Let your little light shine!
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DEMOCRATS.ARE.EVIL
Posted on September 29, 2012 at 12:15pmWANGO – who’s your daddy?
UNIVERSITY OF MASSACHUSETTS LOWELL-BOSTON HERALD:
http://multimedia.heraldinteractive.com/misc/topline.pdf
Some fatherless boys take to hurting animals, but many suffer with substance abuse and depression. They’re statistically more likely to commit suicide, never marry, divorce or be gay.
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Rayblue
Posted on September 29, 2012 at 1:00pmBlow wangenvy, blow.
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CouldItBe
Posted on September 29, 2012 at 2:16pmCould it be that this post should be discussed in the Monday morning meetings at THEBLAZE ? I pray that it is else this effort by Glenn is all for not. The network must get above the noice and offer clarity or it’s of little value to the public. It’s not enough to publish some truth this network must apply the true effectively else it serves the wrong master.
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progressiveslayer
Posted on September 29, 2012 at 8:29amNothing like a Marxist retaining power to crash an economy,and the deviously titled law that is the affordable health care act that will bankrupt this country will remain and be with us forever if the Marxist heathen POS wins. If you believe the polls that Barry has these huge leads then he’ll win,I simply don’t believe them.
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Wango
Posted on September 29, 2012 at 11:12amYou’d believe them if they showed Romney ahead.
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Max jones
Posted on September 29, 2012 at 8:28amThis scenario has to be supernaturally fired, and this IS God’s will….Open your spiritual eyes and LOOK. Read Revelation and realize this is IT. The Song of Moses should be on your lips. And Thanks to the Lord in your heart…..do you believe? Do you? Deny if you can, but don’t doubt the Lord and his primacy. I’ve been watching this all come down for several years, and there is no longer any doubt that this is the fulfillment of the prophecies. Even Obama is doing the Lord’s will, right down to the last jot. Give thanks and praise the Lord, for Jesus Christ comes, and it is free will that has led you to choose rightly. Soon Obama and his evil game will be over…The locust army cannot touch those who wear the gospel armor, so get on it, now. Be a Man of God and protect your loved ones. God bless you and keep you. Satan cannot hurt you…..He’ll probably kill me, but not before the Ru’ach gives him a “what for”…..Wish me Godspeed, I’m born for this.
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blanco5
Posted on September 29, 2012 at 8:27amprez islama is just going to make an executive order to make his reign indefinite or the cheating on the demonrat side is going to be epic.
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MsMarylou8
Posted on September 29, 2012 at 9:10amI have thought from the beginning this guy isn’t going anywhere. Especially in a war time.
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nobull14
Posted on September 29, 2012 at 8:19amI do not believe in polls ? .People say one thing in public and do another when they vote . I think Oblamo will lose by a land slide
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SocialistSlayer
Posted on September 29, 2012 at 8:29amI even have people who voted for him last time saying they will not vote for him again. So I think the polls are a bunch of BS! – If he wins we are going to have far greater problems than the Fiscal Cliff. Hint – Start practicing the word Comrade and you might want to learn the Koran!
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HollisBrown
Posted on September 29, 2012 at 8:48amWait a minute, Rassmussen has romney in the lead and they have the highest level of accuracy, just go back and look at the 2008 election and you will see. The dems would love for something such as a disaster to hit before the debates so they would not have to show up, Im telling you the dems have no ammunition against romney. Hes going to be fine, in fact im like the others here, you could be looking at a landslide.
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metalurgy
Posted on September 29, 2012 at 8:50amI call bs on both of you. Early voting shows DFL and assorted cartoon characters, felons and dead people voting 5 to 1 for the Fascist.
Romney (D) is a weak candidate and will lose just like John Boehner (D) will not retain the House after blowing three holes through the Constitutional Debt limit 3 times on his watch.
Austerity measures coming to a bankrupt city near you. It’s over. People want Obama Fonez and free Colonoscopies.
http://www.realclearpolitics.com/epolls/2012/president/us/general_election_romney_vs_obama-1171.html
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An_American_Thinker
Posted on September 29, 2012 at 10:52amI, too, believe Romney will win by a landslide. The polls that are being touted are weighted by outlandish criteria. I don’t see how Obama could possibly win by higher voter turnout than he had in 2008 with so many Democrats and Independents deserting the party this election.
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MadenNZ
Posted on September 29, 2012 at 8:13amThe Media | Polls (other than Rasmussen) are looking eerily similar to WWII Nazi propagandists! They are doing anything in their power to sway this election for Obama.
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NeoLudd
Posted on September 29, 2012 at 8:10amI thought that with the heavy liberal oversampling that the 5 percent lead for Obama was seen as a liability, and that without that oversampling, Romney was ahead. Can someone clarify that? Why doesn’t this article have actual poll numbers? It seems to just reference odd from Intrade.
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TyrannyNoMore
Posted on September 29, 2012 at 9:12amIntrade is unreliable. That fact was made obvious by their botched prediction on the ObamaCare SCOTUS decision.
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AxelPhantom
Posted on September 29, 2012 at 9:47amI’ll give you three ways to subtly throw a poll, though there are many ways to skew polls. One is sampling. If you poll only 312 in Chicago (as representative of Illinois as a whole) even if you compensate by saying you have an equal number of “democrat” and “republicans”, whereas if you poll the 815 area code, and compensate for party, you will get a different result because fewer “republicans” in 815 hold liberal views, and more “democrats” hold many conservative views, so more would be willing to go against Obama, despite their “affiliation”. Just an example. Do this nationally with New York, Miami, Madison, Houston, etc, and you have significantly made alterations.
Another means of skewing a poll is weighting the results, giving more meaning to certain demographics than others due to an expected “model”. In other words, you believe that the same people who showed up in ’08 will show up in ’12 and then manipulating the # of responses to reflect that “model”.
The third is not compensating for the willingness to “crawl over broken glass, then swim in a pool of rubbing alcohol and then sitting in a subzero freezer” to vote. “Enthusiasm” in this election is not the correct metric, tenacity is. Garbage in garbage out.
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steve-in-pa
Posted on September 29, 2012 at 8:02amAll you have to do is look at the comments on sites like Yahoo and the local cbs affiliates and even Politico there are 10-15 anti 0bama commenters to one pro 0bama commenters. A better indicator than any poll IMO. Here in super democrat country, Erie the local TV site had a poll and Romney had over 60% of the votes, in Erie. I will crawl over broken glass to get to my polling station, that is all I know and I am sure there are plenty of patriotic folks who will do the same. USA all the way, we hit a pot hole but Mitt will fix our alinement!!!
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TyrannyNoMore
Posted on September 29, 2012 at 9:15amI’m with ya Steve ! I will run a gauntlet of pissed-off, New Black Panthers to pull the lever for Mitt. I can’t wait for election day !
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Wango
Posted on September 29, 2012 at 11:15amConservatives crawling . . . I think that’s a pretty good description of your future. And it starts Nov 6.
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Stelex
Posted on September 29, 2012 at 8:00amSomebody posted this on another story…….very good article and restores some confidence.
http://www.americanthinker.com/2012/09/its_over.html
I think this article is correct
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progressiveslayer
Posted on September 29, 2012 at 8:39amI think the author is correct as well because these polls are designed to suppress republican turnout.
Barry will always have the something for nothing crowd like the toothless brainless black woman touting all the ‘free’ stuff she got from lord Barry. If those intellectual titans ever outnumber normal working people with average intelligence and they vote,we’re done and we’ll become a third world **** hole country. It’s enough to give a skinny Marxist mulatto POS an orgasm.
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Wango
Posted on September 29, 2012 at 11:16amSuppress voter turnout? Who would ever think of such an evil thing. It’s downright un-American. (BTW, we’re taking DNA samples at the voting booth. Bring a tissue.)
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progressiveslayer
Posted on September 29, 2012 at 12:12pm@WANKER Your ilk thought of voter suppression and are currently engaging in it,bunch of communist,Islamists and anarchists. Yeah when the neanderthals from the black pansy party shows up at the polls there’s going to be lots of DNA splattered.
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progressiveslayer
Posted on September 29, 2012 at 7:35pmWANKER You sound like a good old fashioned democrat racist,you should seek professional help with your race issues.
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soybomb315_II
Posted on September 29, 2012 at 7:59amTaxmaggedon will occur no matter who wins in November. Either massive tax increases or massive deficit increases. I understand why the republicans didnt really want to win the presidency.
“The scenario that keeps running through my head goes like this: John McCain somehow wins; the major problems we’re likely going to face regardless of who is elected kick in; McCain gets blamed; and conservative ideals take the fall for McCain’s decidedly nonconservative policies. Plus, it’s always been my theory that you should be voting for something, not against something. Trying to win an election by just being against something is usually fruitless; see John Kerry.”
-Glenn Beck, July 2008 on the Glenn Beck Show
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woodyee
Posted on September 29, 2012 at 8:07am“Soy, Obama won in 2008 because of folks like you.”
Woodyee, Sept. 29, 2012, The Blaze
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soybomb315_II
Posted on September 29, 2012 at 8:11amLMAO. that is the dumbest thing i have ever heard! Even if you add the Chuck Baldwin vote to McCain, he still loses in a landslide
Obama won in 2008 because G.W. Bush was so bad and McCain was not much better. Thanks for the laugh
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dublinthewagons
Posted on September 29, 2012 at 8:19amSoy what are you going to do about BIG BUBBA? He’s just over the hill.
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woodyee
Posted on September 29, 2012 at 8:48amSoy, you could have thrown in the votes of EVERYONE on the presidential ballot except Gaybama, and Gaybama would have STILL won by a landslide! Glad you enjoyed the post.
BUT, I also remember that a lot of “us” stayed home, preferring NOT to vote for the candidate slected by RINO’s; and in my plpace of work, a lot of ignoramuses were voting for Gaybama simply because they wanted to be a part of history.
We cannot afford to stay home this election, and we cannot afford to vote for anyone but Romney – throwing Gaybama out is PARAMOUNT, trumping loyalty to anything but Country.
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justangry
Posted on September 29, 2012 at 9:22amI’m proudly staying home this election. Neither candidate is fit to rule my dog, let alone people. Soy might convince me to get out there for Johnson, but I’m not going to be ruled by tyrants that refuse to obey the Constitution.
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soybomb315_II
Posted on September 29, 2012 at 11:15amWoodye. See, you are barking up the wrong tree. I did not stay home in 2008 and i will not stay home in 2012. Country first – therefore, this is the motto….
“anyone but a progressive”
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dublinthewagons
Posted on September 29, 2012 at 7:56amThe stock market is a pongie scheme. The federal reserve has proven that by printing $40 billion a month. Let it fall. That is exactly what Obama wants, along with the destruction of Israel.
The fat cat crooks on wall street are worried about money! That is the least of our problems
.
A civil war will be in the near future.
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Marine25
Posted on September 29, 2012 at 9:23amAnd when it ends there will be no one left to post at the blaze.
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Gregb
Posted on September 29, 2012 at 7:55ampreparing for the worse is going to drive the markets down and scare small and large business owners. This is too early to call. The first debate takes place next week. I am praying that Romney will turn things around.
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woodyee
Posted on September 29, 2012 at 8:02amRomney’s not behind. Oversampling of one group of voters over another does not make for reliable “polls”, and most that came out last week were ripped to shreds. Gaybama is the one stooping to desperate measures.
This story was written by a troll.
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Gregb
Posted on September 29, 2012 at 8:30amI’ve heard the same news stories and hope that they are right. Fox News is reporting that and yet they seem to have a skewed poll with obama in the lead. Rasmussen is the closest to the truth. I like this one – http://www.unskewedpolls.com/
I know that this country will face extremely hard times if the communist muslim is allowed to stay in office. I’m not all fired up for the politics of Romney (really like Ryan), but Romney is an experienced successful businessman with a great moral quality and that is what America desperately needs right now.
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DOra Glasberg
Posted on September 29, 2012 at 7:39pmMittens is an average of 6 points behind in all swing states.
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HKS
Posted on September 29, 2012 at 7:53amIs it just me or is the heading of this article absurd? Sounds like America’s is totally ignorant, like things are so good lets do it again,
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RJJinGadsden
Posted on September 29, 2012 at 7:52amAmazing photo of the Three Stooges at the top of this article. These days though there are even more interchangeable Stooges than with the original ensemble. Moe Howard must be spinning in his grave.
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HighKick
Posted on September 29, 2012 at 7:49amThe only poll that matters is the one on 11/6/12.
I do not believe Americans would be so stupid as to re-elect the marxist PIG Obuma.
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Snowleopard {gallery of cat folks}
Posted on September 29, 2012 at 7:49amI still do not see how, save by massive fraud and an outright takeover that Obama can win; he is growing more desperate by the day as the media tries to spin everything to his advantage. If he is somehow given a second term, its end game for the nation, we will fall under communism, and he will be a dictator in truth.
I promise this much; I will go into the night standing on my own two feet before I bow or swear any kind of oath to Obama the Emperor.
I and my house serve the Lord – first, foremost, always.
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momrules
Posted on September 29, 2012 at 8:35amI agree Snow……While I personally believe that Obama will remain in office by whatever means necessary I choose to stand, live or die as a free woman. I choose God.
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Wango
Posted on September 29, 2012 at 11:06amMOMFOOL . . . Counting on those socialist loaves and fishes, eh?
woodyee
Posted on September 29, 2012 at 7:48amIs this the best you could do on a Saturday morning, Blaze?!? After a week of folks tearing apart what were obviously skewed polls (even Fox covered it this morning!), you gotta come aboard with your first Sat. morning story and tell us how Gaybama is gaining in the polls…
AH! I’m sorry, folks. I got off to a bad start. Let me try this again…
Good Morning, Pravda…
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RJJinGadsden
Posted on September 29, 2012 at 7:59amWOODYEE, Frankly, I have to agree with you. Have been sitting here since early this morning, mainly thanks to the dog who needed to go out. But, was waiting for a new story to pop up, and we get this? Was there not enough of a Friday night info dump from the White House, or are they too lazy to go through it?
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justangry
Posted on September 29, 2012 at 8:04amBefore the polls came out people were saying Romney didn’t have a chance to win. The only people that seem to like him are either Mormons or Evangelicals that want to bring about the end of the world. Most of the GOP cheerleaders are only supporting him because he’s the lesser of two evils. I mean let’s face it. The GOP picked the closest candidate to Obama they could and alienated part of their natural base to go after independents. Who are the independents going to vote for when their policies are so similar? I’m guessing it will be the guy with a personality.
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