Oh my: Obama’s approval below 50%, huge majority opposes announcing Afghan timetable

posted at 4:11 pm on December 4, 2009 by Allahpundit

He’s at 48/50, down seven points in less than three weeks, which I have to think is due to a backlash to the Afghanistan surge. Granted, 62 percent support the escalation versus just 36 percent opposed (although Rasmussen has very different numbers among likely voters), but I’ll bet a lot of that 36 comes from anti-war liberals who were backing him until Tuesday night. Building up troops will lose him lefty votes but, because of his obnoxious domestic policies, it won’t win him any righty ones, so the net overall effect is negative even though public support on the issue itself is overwhelmingly positive.

But that’s only one factor. CNN looks at the crosstabs and says it’s the economy, stupid:

“The poll indicates that the biggest drop in approval comes from non college educated white voters,” says CNN Polling Director Keating Holland. “That’s one indication among many that Obama’s growing unpopularity may be more related to unemployment and the poor economy.”…

Obama’s rating dropped 18 points among non-college whites, but only four points among whites who attended college – a good indication that the economy and other domestic issues are hurting the president.

Obama also dropped 15 points among whites under the age of 50, but only four points among older whites.

“That may partly be due to Afghanistan, but the young are also the group hardest hit when unemployment rises. The same is true for white women, whose approval of Obama dropped 12 points,” says Holland.

Well and good, but if the economy’s driving this, why would he crater in just two weeks? There was no major economic news announced between yesterday and November 15, when he was at 55 percent approval. If it’s just ambient despair over unemployment suddenly manifesting itself, it seems to have come on awfully quick. (And should abate a bit in the next poll given today’s numbers.)

The most interesting bit:

time

Hard to tell what the answer to the first question really means given the public confusion over the timetable. Do voters think the “plan” is merely to aim for July 2011 but leave it ultimately up to conditions on the ground, or do they realize it’s a hard and fast date to start withdrawing? The answer to the second question makes me think it’s more the former than the latter, but whichever it is, you can blame the stupidity of announcing the timetable squarely on The One:

It started out as a projection from the military, intended only for the ears of the president and his top advisors. But in a war council meeting at the White House less than a month ago, Obama proposed making it public.

“Let’s name that date,” he said, according to participants…

Obama opted to take the highly unusual step, senior aides said, because, in the end, administration officials believed the need to put tangible pressure on the governments of Afghanistan and Pakistan outweighed any potential cost…

Gates was also persuaded by Petraeus and others that announcing the date would help create an incentive for the Afghans to act, he said this week.

The proposed date also would make it such that the withdrawal of troops would begin just as the campaign for the 2012 presidential election was heating up.

Still, it was crucial to Gates and other military officials that Obama not announce a specific drawdown plan. Doing so could embolden militants, Defense officials said. Gates and others wanted to make sure that the pace of the drawdown would be based on the security situation — not a set timetable.

“Ultimately,” said a senior Defense official, Gates “wanted conditionality, and got it.”

Lord only knows what the plan would have looked like with a leftist Defense secretary leaning on Obama in the war room. Exit question one: Did Gates understand that the July 2011 date was “etched in stone” and not merely a target? Sure didn’t sound that way in his congressional testimony, and there’s nothing in the LA Times piece one way or another. Exit question two: If the pace of withdrawal is entirely based on conditions, what “pressure” is really being applied to Karzai’s government by telling them we’ll start leaving in mid-2011? (In fact, 61 percent in CNN’s poll expect conditions won’t be good enough to withdraw by then.) Does anyone seriously think electoral politics isn’t the driving force here?

Blowback

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That big sucking sound you hear? It’s a big sucking sound.

Akzed on December 4, 2009 at 4:14 PM

Akzed on December 4, 2009 at 4:14 PM

HA! LOL

ted c on December 4, 2009 at 4:16 PM

Did CNN divulge their polling sample makeup?

Del Dolemonte on December 4, 2009 at 4:17 PM

He’s at 48/50, down seven points in less than three weeks

FREEFALL!

donh525 on December 4, 2009 at 4:17 PM

Sinking faster than a stone thrown into a river — but he’s such a genius!!

Richard Romano on December 4, 2009 at 4:18 PM

I wonder if “Go-Along-to-Get-Along” Gates threaten to resign if the date was not conditional. Obama probably gave those reassurances to Gates in some weasely way that Gates accepted.

WashJeff on December 4, 2009 at 4:18 PM

I’m thinking the KSH trial in NYC.

mwdiver on December 4, 2009 at 4:18 PM

Going down faster than a sorority girl at a keg party!

mwdiver on December 4, 2009 at 4:19 PM

Hope and Change

uknowmorethanme on December 4, 2009 at 4:19 PM

Does anyone seriously think electoral politics isn’t the driving force here?

Oh, I’m sure it is…bad electoral politics, but it is all political.

I think a surge is absolutely necessary…but it must be overwhelming and result in a decisive victory over the Taliban…and what Obama is doing (even though it is costing him politically with his base) isn’t going to get it done.

It’s lose-lose, militarily and politically…he’s a very stupid man.

AUINSC on December 4, 2009 at 4:19 PM

Oh my: Obama’s approval below 50%, huge majority opposes announcing Afghan timetable

Hey, “eh”, “simplesimon”…”ece homo” (read “here’s ur fucktarded Messiah”)

bluelightbrigade on December 4, 2009 at 4:19 PM

I’m thinking the KSH KSM trial in NYC.

mwdiver on December 4, 2009 at 4:18 PM

mwdiver on December 4, 2009 at 4:20 PM

http://i2.cdn.turner.com/cnn/2009/images/12/04/rel18a.pdf

Here’s a PDF thing from their site…I stole the link from Ace.

A phone poll of adults.

Asher on December 4, 2009 at 4:21 PM

Gee, guys. Maybe it’s time for a new strategy.

blink on December 4, 2009 at 4:18 PM

Many will be tickled crapless if we’re at 7% unemployment but that will do NOTHING to help us out of the deficit. I’ll also be tickled, but who will be able to forget that Obamacare and other high-dollar schemes scared the country into stagnation? Not I.

Obama has already seen his best day as POTUS.

Oink on December 4, 2009 at 4:22 PM

“That may partly be due to Afghanistan, but the young are also the group hardest hit when unemployment rises. The same is true for white women, whose approval of Obama dropped 12 points,” says Holland.

Isn’t the black male unemployment rate like at 34% or something close to it? I wonder what his approval is among that demographic.

SouthernGent on December 4, 2009 at 4:22 PM

They’ll be backtracking soon. Saying, this is what we really meant.

rjoco1 on December 4, 2009 at 4:22 PM

“Let me be clear, this is the best I can do given the skills and experience I have. But, I did win.”

BobMbx on December 4, 2009 at 4:22 PM

I’m thinking the KSH KSM trial in NYC.

mwdiver on December 4, 2009 at 4:18 PM

Whew! I thought he got married and citizenship already. Not that he really needs tht latter to gain its privileges.

WashJeff on December 4, 2009 at 4:22 PM

Well and good, but if the economy’s driving this, why would he crater in just two weeks? There was no major economic news announced between yesterday and November 15

Could it be all the whacky credit notices people are getting, with raised interest rates and terms on their credit cards in the past month?

Knucklehead on December 4, 2009 at 4:23 PM

The economy became front-and-center again the day after Thanksgiving, when people realized they can’t afford Christmas gifts.

John the Libertarian on December 4, 2009 at 4:24 PM

Does anyone recall the media coverage when Bush’s numbers first inched below 50%?

CurtZHP on December 4, 2009 at 4:25 PM

Out of my concern for fellow man and my general altruistic tendencies for the great good, I feel obligated to give the Dems some time honored advice to help them find their way out of the mire;

DIG FASTER, you bastids.

Geochelone on December 4, 2009 at 4:25 PM

Does anyone seriously think electoral politics isn’t the driving force here?

This should not be a question. It should be a definitive statement on every thing he does.

donh525 on December 4, 2009 at 4:25 PM

Take another bow Obama.

fourdeucer on December 4, 2009 at 4:27 PM

Huge majority has a clue about military operations!

Unlike Obama.

ZenDraken on December 4, 2009 at 4:28 PM

Wait till people do their taxes next year and find out that no tax cut was given in 2009 and they owe the government money due to reduced withholding.

WashJeff on December 4, 2009 at 4:28 PM

How low can he go?
Is he free free falling?
Epic Fail Zero

Brat4life on December 4, 2009 at 4:30 PM

“Hide the decline”..

the_nile on December 4, 2009 at 4:30 PM

DIG FASTER, you bastids.

Geochelone on December 4, 2009 at 4:25 PM

Here at HA, we prefer “bastino’s”.

BobMbx on December 4, 2009 at 4:30 PM

PublicPolicyPolling (caution!) is now saying Republicans can, at this time, easily change over 8 Senate seats next year. They are discounting Toomey in PA because he’s too “extreme”. They are also projecting MO and OH to go democrat for a net +6 Republican.

Barack Hussein Obama will have an empty calendar next summer. No campaigning for him!

SouthernGent on December 4, 2009 at 4:30 PM

Does anyone seriously think electoral politics isn’t the driving force here?

Obama’s worst nightmare is that he’ll be a one term president.

And yea, I think the economy is scaring people the most. I picked up my local paper yesterday to read that the local school district has no idea how they’re going to get by on the money they have next year. They’re wondering how to pay for police, firemen, teachers. They’re desperately looking for help. That’s just my little town, I’m sure there are lots of others.

scalleywag on December 4, 2009 at 4:31 PM

The Donks have hitched their wagon to barry’s arse and they are headed for the precipice with blinders on. Lets hope they keep up a steady pace and don’t get distracted by Reality.

I would hate to impose any constraints on them at a time like this. They are free range Donks groping for a gravity assist from mother Nature for the bottom of the ravine.

Geochelone on December 4, 2009 at 4:31 PM

Barack Hussein Obama will have an empty calendar next summer. No campaigning for him!

SouthernGent on December 4, 2009 at 4:30 PM

Someone might want to tell him that. He’ll be out and about campaigning on something even if it’s nothing. He can’t stay at home for long periods of time.

Brat4life on December 4, 2009 at 4:32 PM

At least he can’t claim to have inherited the drop in the polls, he earned them.

fourdeucer on December 4, 2009 at 4:33 PM

Wait till people do their taxes next year and find out that no tax cut was given in 2009 and they owe the government money due to reduced withholding.

WashJeff on December 4, 2009 at 4:28 PM

And the tax they have to pay for that $4500 bucks they got from cash4clunkers.

Get ready for Tea Parties part two.

Knucklehead on December 4, 2009 at 4:33 PM

It would be nice if people that cared about the USA and not Me, Myself, and I were elected to office.

DerKrieger on December 4, 2009 at 4:34 PM

Couldn’t Zero have hinted at a withdrawl date to the governments of Afghanistan and Pakistan on the QT and given the American public the ‘we’re gonna kick their a$$’ pep talk that was needed for an operation like this? As it stands, we’re sending 30K troops on a year-long camping trip. Bad job, Chicago Jesus…

joejm65 on December 4, 2009 at 4:35 PM

Those are some poorly worded questions by CNN’s polling company. I understand what they’re trying to accomplish, but I’m not sure people would clearly understand what is being asked…meaning the poll data for that question is worthless.

Scranton on December 4, 2009 at 4:36 PM

I heard he is still polling quite well among non-college educated Detroit resisdents. This is assuming that there is, in fact, a “stash” from which he will be issuing no-strings-attached cash.

Seriously, I am excited that 50% of people have been paying attention. I excitement is lessened by the realization that 48% percent of the population are retarded.

Jussi on December 4, 2009 at 4:37 PM

Knucklehead on December 4, 2009 at 4:33 PM

Is the first time buyer home credit taxable?

If so, there has to be quite a few people that did C4C and bought homes for a first time. That would be quite the shock when they fill out the tax forms.

WashJeff on December 4, 2009 at 4:38 PM

They are discounting Toomey in PA because he’s too “extreme”.

SouthernGent on December 4, 2009 at 4:30 PM

Yeah, because here in PA we just LOVE us some Arlen Specter!

/ifyoubelievethat…..

CurtZHP on December 4, 2009 at 4:39 PM

Akzed on December 4, 2009 at 4:14 PM

Post of the day. Bravo!

crazy_legs on December 4, 2009 at 4:40 PM

That Golf Digest photo with Tiger Woods isn’t helping 10 tips for Obama from Tiger…Too Funny, Allah proof, of course there is a God, and of course he has a sense of humor.

http://sports.yahoo.com/golf/blog/devil_ball_golf/post/Unfortunate-timing-The-Obama-Tiger-Woods-magazi?urn=golf,206538

Dr Evil on December 4, 2009 at 4:42 PM

But that’s only one factor. CNN looks at the crosstabs and says it’s the economy, stupid:

He fixed the economy today, so the MSM says.

angryed on December 4, 2009 at 4:44 PM

“The poll indicates that the biggest drop in approval comes from non college educated white voters,” says CNN

RACISTS!

GarandFan on December 4, 2009 at 4:45 PM

I think it’s been below 50 percent for a long time, now—but it’s finally to the point where those in the media who have hitched their wagons to the Zero can’t juggle numbers anymore to make it not so.

I think the surge in Afghanistan is also a part of this, as lefties stop holding their noses and trying to defend the indefensible. Now the media can report the collapse without fear of lefty backlash.

Sekhmet on December 4, 2009 at 4:45 PM

Surprise, surprise, surprise!

maverick muse on December 4, 2009 at 4:47 PM

Obama will get the credit and democrats will hold the house and senate.

Gee, guys. Maybe it’s time for a new strategy.

blink on December 4, 2009 at 4:18 PM

ABSOLUTELY right. The focus needs to be on his leftist ideologies and associations. But, this nation and leadership is so kleptocratic that if the economy is better, they won’t care.

leftnomore on December 4, 2009 at 4:48 PM

Is the first time buyer home credit taxable?

WashJeff on December 4, 2009 at 4:38 PM

Beats the heck out of me, Obama keeps changing the rules and I can’t keep up anymore.

BTW who paid for the failed $3 million dollar carp kill?

Knucklehead on December 4, 2009 at 4:49 PM

SouthernGent on December 4, 2009 at 4:22 PM

Those used to holding down jobs are madder than hell and have every right to hate what’s happening. Those used to a welfare check are complacent so long as that money keeps coming. What’s the proportional difference between the two groups?

maverick muse on December 4, 2009 at 4:51 PM

Knucklehead on December 4, 2009 at 4:33 PM

Don’t forget that “First time home buyers” $8000.00 that has to be paid back $500.00 for the next 15 years. I think that constitues a “plucked for the long haul” award.

milwife88 on December 4, 2009 at 4:53 PM

\”obnoxious domestic policies\”I like that phrase.

moc23 on December 4, 2009 at 4:53 PM

Also good news: 51% of Americans now agree that being hit on the head by a hammer hurts. Meanwhile, 59% of Americans under the age of 30 now characterize fire as “hot” or “uncomfortably warm”, up 10 points from earlier this year.

bitsy on December 4, 2009 at 4:53 PM

I absolutely loathe this man, his administration and his agenda, and it is my hope that the American people will be vindicated either through his voluntary relenquishment of his seat of power, or through the voters that will overwhelm the democrats in 2010 and unseat this socialist liar in 2012.

His failure means our survival as Americans.

Key West Reader on December 4, 2009 at 4:54 PM

I don’t think it is any one thing, people are just getting sick of him.

Terrye on December 4, 2009 at 4:55 PM

Is the first time buyer home credit taxable?

WashJeff on December 4, 2009 at 4:38 PM

This is from the IRS website. Emphasis, mine.

For 2008 Home Purchases
The Housing and Economic Recovery Act of 2008 established a tax credit for first-time homebuyers that can be worth up to $7,500. For homes purchased in 2008, the credit is similar to a no-interest loan and must be repaid in 15 equal, annual installments beginning with the 2010 income tax year.

milwife88 on December 4, 2009 at 4:57 PM

66% think he is a great guy, 59% think he is stupid…

right2bright on December 4, 2009 at 4:58 PM

Terrye on December 4, 2009 at 4:55 PM

Then his fall is nonstop. If everyone is sick of him altogether, there’s no way to re-invent his O-pedestal.

maverick muse on December 4, 2009 at 5:00 PM

milwife88 on December 4, 2009 at 4:53 PM

Thanks for that. I kept googling and coming up with that answer. That’s one of Barry’s better bait and switch routines.

Knucklehead on December 4, 2009 at 5:00 PM

milwife88 on December 4, 2009 at 4:53 PM

Fed rip-off.

GWB tax “rebate” had to be refunded to the IRS, too.

The worst financial aspect is how much it cost in lost tax funds to process all the rebates and repayments. DUMB.

maverick muse on December 4, 2009 at 5:04 PM

So you bolded the part about Petraeus approving of the timetable announcement, but you don’t have any comment about it?

orange on December 4, 2009 at 5:08 PM

The way that they added the potential for another 5K troops the day after the speech also looks like they don’t know what they are doing.

exhelodrvr on December 4, 2009 at 5:11 PM

I don’t really care where his poll numbers end up. I just care at which point the rats start jumping ship.

Thunderstorm129 on December 4, 2009 at 5:12 PM

Knucklehead on December 4, 2009 at 5:00 PM

Not only that but the bailout money to the banks was an “interest” loan. They were charged by the fed 5% on all the money loaned to them. Now say for example BOA got $30 million and paid it back 7 months later. (this is just an example) $30 million times 5% interest compounded daily for roughly 210 days that would be $31,500,000.00 in interest. Which is a PROFIT of 1.5 million. I know that they got more that 30m but the point I am making is why cry over how much the war in Afghanistan is costing when a large number of banks given bailout money has paid it back. Where did that money go? Or, better yet, why not use the “unfunded” portion of the stimuli (haha) to fund the war?

I hope my math is right. All this “fuzzy math” in the govt is confusing.

milwife88 on December 4, 2009 at 5:19 PM

huge majority opposes announcing Afghan timetable

I still don’t see a time table. Does one need special glasses to see it? A mere “start date” hardly makes a timetable.

MB4 on December 4, 2009 at 5:21 PM

Terrye on December 4, 2009 at 4:55 PM

Then what we really need is another ‘prime time’ speech about the unemployment rate dropping to 10%! Maybe he can ‘prempt’ his very own lovefest with the oprah.

lukespapa on December 4, 2009 at 5:27 PM

Isn’t the black male unemployment rate like at 34% or something close to it? I wonder what his approval is among that demographic.

SouthernGent on December 4, 2009 at 4:22 PM

Your question is too easy… 100% approve of him.

behiker on December 4, 2009 at 5:29 PM

Well and good, but if the economy’s driving this, why would he crater in just two weeks? There was no major economic news announced between yesterday and November 15, when he was at 55 percent approval.

I think that a Thanksgiving at which many families discussed and concluded that Obama is a worthless POS may have had an effect.

Also, I think that Obama’s West Point speech and announcement of his nonsense “jobs summit” were two emperor-has-no-clothes moments played out on the national stage.

BuckeyeSam on December 4, 2009 at 5:33 PM

OT…what the heck is the won up to now?

lukespapa on December 4, 2009 at 5:33 PM

BTW who paid for the failed $3 million dollar carp kill?

Knucklehead on December 4, 2009 at 4:49 PM

I have no idea who paiud for it.

A better idea would be to have daily fishing contests with $10,000 prizes for the boat that catches the most Asian Carp, $5K for second, $2K for third, and $100 for all other boats (limit to 80 boats).

You could fund (3000000/25000) 120 fishing competitions that would have a lot more success.

WashJeff on December 4, 2009 at 5:34 PM

I don’t think it is any one thing, people are just getting sick of him.

Terrye on December 4, 2009 at 4:55 PM

And yet all we get is more of him and more media coverage telling us what a great president he is.

BuckeyeSam on December 4, 2009 at 5:36 PM

Tiger Woods was denied a speaking engagement @ fauxbamas installation as POS. Thank goodness.

BHO Jonestown on December 4, 2009 at 5:39 PM

And yet all we get is more of him and more media coverage telling us what a great president he is.

BuckeyeSam on December 4, 2009 at 5:36 PM

It doesn’t matter what the majority think or how they end up voting. Fraud elected him, fraud will triumph again.

gina4 on December 4, 2009 at 5:43 PM

Obama has already seen his best day as POTUS.

Oink on December 4, 2009 at 4:22 PM

He had a GOOD day! How the h*ll did I miss that?

Oh, I know; that was the day he pulled his head out long enough to relieve that chronic constipation.

Yoop on December 4, 2009 at 5:46 PM

Then what are we going to do in Nov 2011 when the economy is improved and unemployment sinks to a whopping 7.5%

blink on December 4, 2009 at 4:18 PM

I think if unemployment is at 8% or lower, 0bama will win if (and it’s a big IF) no major foreign snafus. Between 8.1-9.9%, it’s up for grabs. 10% or over, he’ll have time to look for that birth certificate.

Lou Budvis on December 4, 2009 at 5:50 PM

Watch his numbers go down even more when people find out how he’s fleeing D.C. to spend Christmas AND New Year’s on ultra-pricey Kailua Beach in Hawai’i, where a new beachfront home recently went on the market for $34 mil.

Yep, they’re “just folks” all right.

Del Dolemonte on December 4, 2009 at 5:58 PM

WOO-HOO OBAMA!!! WAY TO GO BARRY!!!! YES WE CAN!!!!

jimmy2shoes on December 4, 2009 at 6:05 PM

Healthcare isn’t in the bag yet, with public support migrating south, cap&tax is upcoming, already delayed, with Climategate just beginning to have effects in the general population, Pelosi’s numbers in the tank, KSM disaster coming to a court near you. The current occupant of the Oval Office would seem to be on a suicidal course, and appropriately so.

paul1149 on December 4, 2009 at 6:06 PM

Supporting the troops, and a troop increase in Afghanistan, does not constitute support for the President. Just like the left didn’t support Obama. Especially when it didn’t jive with their politics. So if this dude really thinks he’ll garner some votes from the right, for doing something he should have done months ago….he’s even more clueless then I thought.

capejasmine on December 4, 2009 at 6:14 PM

this is annoying.
every week it’s a news story that he’s below 50%. I thought he’s been below for weeks if not a month or two.

TTheoLogan on December 4, 2009 at 6:16 PM

Between the economy, cap-and-tax, the Afghan surge (finally)and Obamacare, I just don’t see how he gets up off the deck with all these MILLSTONES around his neck…

Self-inflicted millstones, BTW…

Khun Joe on December 4, 2009 at 6:21 PM

This poll stuff was getting annoying back when Bush was president.

Greenhelmet on December 4, 2009 at 6:23 PM

This poll stuff was getting annoying back when Bush was president.

Greenhelmet on December 4, 2009 at 6:23 PM

It is how the ‘news’ organizations create ‘news’. It’s incredibly stupid.

daesleeper on December 4, 2009 at 6:41 PM

Going down faster than a sorority girl at a keg party!

mwdiver on December 4, 2009 at 4:19 PM

I’m sure you mean ‘after’ – ‘at’ would be classless.

LASue on December 4, 2009 at 6:43 PM

Will the link to Tiger be good or bad for Obama?

CWforFreedom on December 4, 2009 at 6:44 PM

Guaranteed not to mean anything to Obama. He’s running on a mirror walk by routine. I doubt that he even cares that much about a second term. He would have the permanent prestige of a former first black president and trot around the planet charming other despots and the clueless while spreading his brand of global hope n’ change marxism and America bashing.

Fletch54 on December 4, 2009 at 6:58 PM

Gates was also persuaded by Petraeus and others that announcing the date would help create an incentive for the Afghans to act, he said this week.

I’ve been dubious about announcing dates, as per Iraq – it would telegraph essential information to the enemy. But if Petraeus thinks it’s a good idea on balance, especially since he was against it in Iraq, then let’s let it play out. He knows what he’s doing.

JeffWeimer on December 4, 2009 at 7:03 PM

The sense of limited time (even if fuzzy) does inform our hosts that they need to get their Shiite together.

exdeadhead on December 4, 2009 at 7:12 PM

PublicPolicyPolling (caution!) is now saying Republicans can, at this time, easily change over 8 Senate seats next year.
SouthernGent on December 4, 2009 at 4:30 PM

Six or eight GOP seats gained in 2010 will put a permanent hold on getting anything else passed by the left, even with a Dem majority in Congress. Get ‘er done!

Nalea on December 4, 2009 at 7:15 PM

For 2008 Home Purchases
The Housing and Economic Recovery Act of 2008 established a tax credit for first-time homebuyers that can be worth up to $7,500. For homes purchased in 2008, the credit is similar to a no-interest loan and must be repaid in 15 equal, annual installments beginning with the 2010 income tax year.

milwife88 on December 4, 2009 at 4:57 PM

That was the original $7500 credit passed in 2008. That credit was sunset by the current $8000 tax credit which does not have to be repaid if purchased in 2009 or are under contract by April 2010(so long as you keep your home for at least 3 years).

Per the IRS website…

The credit was expanded in 2009 for homes purchased in 2009, increasing the amount of the credit and eliminating the requirement to repay the credit, unless the home ceases to be your principal residence within the 36-month period beginning on the purchase date. It was further expanded in late 2009 to extend deadlines and to allow long-time homeowners buying replacement homes and people with higher incomes to qualify for the credit.

I have no idea if it is taxable, however. Now back to our regularly scheduled thread..

Hazzard on December 4, 2009 at 7:21 PM

Hazzard on December 4, 2009 at 7:21 PM

This is absolutely useless if you make over 100 grand a year, you get nothing to write off other than loans points and the loan interest.

Regarding Obowma’s appeal, the turd is circling the drain.

dthorny on December 4, 2009 at 8:30 PM

The dropping poll numbers actually make me nervous. If the numbers hit rock bottom and things start to turn around through the natural way of capitalism, will voters start to feel good enough to forget the facts? Will they see a rising approval rating as proof they were right to elect him in the first place and this downward spiral into socialism and dismantling of our Constitution continue? Three years is such a long time and enough time that people will forget.

Don’t get me wrong, I’m glad the numbers are beginning to tank and blinded voters are feeling the pain they wrought on our Nation, but this far out I do not trust how it will carry through. The old saying “out of sight, out of mind” is a good description of the electorate.

Maybe I’m just a doom and gloom kinda gal and could be wrong, but unless there is something different to balance the scale, it will swing right back up the other side with the same ol’ same ol’. 2010/12 can’t come fast enough for me.

Miss Molly on December 4, 2009 at 9:46 PM

Yippee!

Griz on December 5, 2009 at 1:39 AM

I though this headline was too good to be true! But RCP couldn’t keep him proped up any longer! I hope this trend holds.

Obama is by far the worst President in history. His approval numbers need to show that.

petunia on December 5, 2009 at 2:38 AM

Gates was also persuaded by Petraeus and others that announcing the date would help create an incentive for the Afghans to act, he said this week.
I’ve been dubious about announcing dates, as per Iraq – it would telegraph essential information to the enemy. But if Petraeus thinks it’s a good idea on balance, especially since he was against it in Iraq, then let’s let it play out. He knows what he’s doing.

JeffWeimer on December 4, 2009 at 7:03 PM

That is all cover for Obama! Those generals could do the same thing by talking about the timetable behind the scenes. They didn’t have to announce it to the Taliban.

My guess it they just wanted Obama to make his decision already, and had to give on that point to get the troops.

petunia on December 5, 2009 at 2:41 AM

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