This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Obama on Syria: Yet Another Management Failure

NEW YORK ( TheStreet) -- Russia's ploy to defuse the Syrian crisis -- persuading President Assad to turn over his chemical weapons to avert a U.S. attack -- will likely end in an embarrassment for President Obama and diminish already declining U.S. prestige in the world.

Leading from behind, whether on domestic issues or troubles in the Middle East, Obama fails to accomplish an adequate grasp the challenges or effective solutions. Instead, he defers tough choices to Congress, which is terribly divided.

On health care, European and Japanese rivals spend much less and get more favorable results, making America businesses uncompetitive and destroying jobs. Instead of asking how the U.S. system can do better with less -- something very distasteful to health care providers -- Obama booted the problem to Congress bringing about disastrous results.

Most recently, IBM (IBM) announced it will force its retirees into Medicare exchanges. Even with subsidies for supplemental insurance, this will result in fewer benefits and higher costs and a broken promise for President Obama. Remember, Americans were supposed to be able to keep the employer insurance they liked.

On Syria, his inability to make tough choices and shoulder responsibility is proving even more tragic.

Last spring, Obama was telling the world Assad has should be held accountable for his violence against civilians and ultimately step down -- yet Obama refused to adequately assist the rebel forces. Stalling gave fundamentalist and terrorist elements from elsewhere in the Middle East time to infiltrate the Syrian insurgency and recruit young men for terrorist activities elsewhere. Deposing Assad now would likely result in a regime even more objectionable and threatening to U.S. interests and cause even more vulnerability to terrorism.

Faced with Assad's horrific use of chemical weapons, Obama concluded a military strike was necessary but refused to embrace his presidential responsibility to act quickly -- on his own authority. Instead, he asked Congress for approval, delayed the debate until the conclusion of the summer recess and gave the political forces in Europe and the United States that always deny the necessity of military action time to organize, and gave leeway to Syrian arms supplier and advocate Russia to work its diplomatic mischief.
1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
AAPL $94.02 0.00%
FB $104.07 0.00%
GOOG $683.57 0.00%
TSLA $162.60 0.00%
YHOO $27.97 0.00%


Chart of I:DJI
DOW 16,204.97 -211.61 -1.29%
S&P 500 1,880.05 -35.40 -1.85%
NASDAQ 4,363.1440 -146.4150 -3.25%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs