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The 10 Biggest Amateur Mistakes By the Obama Administration So FarThe 10 Biggest Amateur Mistakes By the Obama Administration So Far 3) After making a stink by sending back a Winston Churchill bust, Barack Obama blew off a press conference with British Prime Minister Gordon Brown -- but, the real kicker was the gifts. After Brown presented Obama with a pen holder crafted from the timbers of the 19th century British warship HMS President (whose sister ship, HMS Resolute, provided the wood for the Oval Office's desk), Obama offered up ... 25 DVDs of American movie classics. 2) Choosing tax cheat Timothy Geithner to be his Treasury Secretary was such an incredible screw up that it deserves it own entry. It's mind boggling that any Administration would choose a tax cheat to run the department that's in charge of the IRS. Moreover, in Obama's case, he has already announced plans for the largest tax hike in American history, nearly a trillion dollars, and the man in charge of that effort doesn't pay his taxes? Prediction: a few years from now, if the New York Times isn't out of business by then, they'll write an article telling you that they're baffled, baffled I tell you, by the massive increase in the number of people cheating on their taxes. 1) Barack Obama may be a liberal thriller, but he's also a stock market killer. Since he came into office, his Bunyanesque new spending proposals, his plans for a trillion dollar tax hike, his regular badmouthing of the economy, and his incessant tinkering with banks and the housing market have caused the stock market to go into a freefall. Granted, stocks would have likely dropped anyway because of the economic crunch we're in, but the market wouldn't have already reached the lowest level since 1997 without lots of help from Obama. As Democratic financial wiz, Jim Cramer, has said of Obama’s performance, "it's amateur hour at our darkest moment" and it's "crushing nest eggs around the nation." Fred Garvin's blog | login to post comments |