What a bad day

There were a number of different items in today's news that were downright depressing:

1) The Fed hinted that it might engage in QE3. Imagine! The Fed will inject more liquidity into the economy. Are they kidding? There is already plenty of liquidity. The problem is not lack of liquidity; it is lack of investment. Nothing that the Fed mentioned today would increase investment.
2) Obama banned print reporters and certain TV crews from the debt ceiling meeting this afternoon. The state reason was that the reporters had previously shoulted questions at Obama. Imagine! Reporters barred from presidential events because they had the temerity to ask questions. And don't forget, these were reporters from the Obama media itself.
3) Discussion of the debt ceiling compromise seems to be collapsing. We have the spectacle of Obama claiming to be the one insisting on cuts when he will not even disclose what his plan to move forward is. McConnell has come forward with a suggested plan that accomplishes nothing. Democrats like Pelosi continue to hyperventilate about entitlements when they know that much of what they are saying is phony.
4) New poll results show that Obama's various apology tours of the Middle East and his vacilating policy regarding the Arab Spring has reduced opinions about the United States in the region to well below the levels that applied just before Obama first took office. Here is yet another area where Obama has failed......badly.