Submitted by: Donald Hank with his thoughts expressed
There are at least 2 clues that Obama is no longer charming the powers that be, including in his own party and among the world elites that once lionized him.
1--Representative Dennis Kucinich ( D ) and allies in Congress are filing a suit against Obama's unilateral war efforts in Libya, maintaining that such efforts require the input of Congress to be constitutional.
2--The IMF is skeptical about Obama's uncontrolled spending, which is seen as a threat to the world economy.
Dennis Kucinich and Congressional partners file suit against Obama's illegal war:
IMF criticizes US budget deficits:
Quote:
Leaders of the Group of 20 industrialized nations reached an agreement at a meeting last year to address their fiscal positions, including a commitment for the U.S. to cut its deficit in half by 2013. IMF Deputy Managing Director John Lipsky, appearing on CNBC from the World Economic Forum in Switzerland on Thursday, expressed doubts about Washington's ability to meet that goal.
He's skeptical "because this year the U.S. deficit is probably going to go up slightly, not go down as was planned previously," Mr. Lipsky said.
"The United States and Japan...need in particular to strengthen their adjustment credentials by detailing the measures they intend to adopt to honor their commitments to reduce deficits and debt," the IMF said.
Don Hank
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