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November 21st, 2008
07:54 PM ET

Obama can't do it alone

David Gergen | BIO
AC360° Contributor
CNN Senior Political Analyst

As the United States economy has cratered, it has become increasingly apparent that we are suffering not just from a failure of institutions but, more deeply, from a failure of leaders across those institutions.

The list is long and depressing: a president who has been a catastrophe, congressional Democrats and Republicans who were looking the other way, regulators who were too lax, CEOs who gambled recklessly with other people's money, consumers who borrowed far beyond their means, and on and on.

Americans are smart enough to see what is going on...

Read more...


Filed under: Bailout Turmoil • Barack Obama • David Gergen • Raw Politics
soundoff (12 Responses)
  1. change

    To Nelson;
    Do you think that President Bush got us in this historical economic melt down and let's not forget about the war because he was experienced and qualified when he took office almost eight years ago? He was not experienced nor qualified.What President is experienced when they take office? We have several past Presidents that I feel were qualified but again not experienced. Just name me one Nelson? Obama has as much if not more qualification and experience as the past 43 Presidents. Not one of them had Presidental experience when the were elected. Obama in addition to being a brillant amd smart individual also has enough common sense to embrase his cabinet and staff with people that are as smart if not smater than he is. America will be a better and a safer place with Obama as our President. In the past eight years did you ever hear President George Bush talk about a book that he was reading Nelson? (CLUE) "CHANGE"

    November 22, 2008 at 9:03 pm |
  2. Vickie

    Nelson, if you haven't noticed the last few days, Pres. Elect Obama is surrounding himself with experienced and qualified people to help him undo the mess the Republicans and their corporate cronies have led us into. Thank goodness he is intelligent enought to realize he cannot do it alone and is making wise choices to lead our country. We could have elected someone who has more experience but is arrogant enough to feel he didn't need the best and brightest in his cabinet . . . Oh, how quickly we forget. We did elect someone like that. . . . . about eight years ago.

    November 22, 2008 at 8:57 pm |
  3. jim

    I agree Barack Hussein Obama cannot do it alone. As the liberal news media knows, he campaigned on change. That was just a song and dance to get elected. What we got was 4 ore years of the Carter and Clinton administration. What we will get is what Jimmy Carter did to this counttry. I will be able to survive 4 years of his incompetence. I wouldn't know what to tell the American people who fell for his charade and voted for him. They are in for a rude awakening. Obama will not do anything but extend this recession.

    November 22, 2008 at 6:47 pm |
  4. PT6

    I do not get it!

    Incompetent Executives on Wall Street are paid $10's to $100's of millions to Scheme and Destroy our Economy and our Congressmen and Congresswomen have a hard time finding living arrangements in Washington.

    We must limit Wall Street EXCESSIVE FEES and INCOMES and restore a balance so Wall Street can not use their EXCESSIVE Financial Resources to corrupt Washington!

    November 22, 2008 at 4:18 pm |
  5. Carol

    Mr. David Gergen you are always inspiring and thoughtful. I listened to your analysis throughout the campaign and it has always been fair and constructive. One of your best qualities is being able to see the qualities of others. Thank you for seeing and understanding that PE Obama has a difficult job ahead of him. A job of which he knows he will be responsible for the well being and security of every American. I trust that PE Obama will try to select the best political minds he can who love for this country and it's people. You are a remarkable leader in your field and the best political mind on TV!

    November 22, 2008 at 3:22 pm |
  6. hugh ~ california

    nelson,
    Obama hasn't even been sworn in yet and you're knocking him? The majority of the American people have made their choice, which apparently was not yours. I just hope people who voted for McCain do not want Obama to fail, because the whole country will suffer greatly because of the failing economy. Right now, even red America should wish him good luck and give him all the support he needs. This is not the time for partisan bickering and it's never been more true than right now.

    November 22, 2008 at 1:49 pm |
  7. Ken Panucci

    Suggestion for the auto industry bailout plan:

    This is a great opportunity for the US. I suggest we provide the money requested by the auto makers, provided the auto makers agree to meet certain benchmarks for gas efficiency, electrical car production percentages, and hybrid vehicle production percentages. The goal is to support the US plan to be energy independent in 10 years.

    Normally, politicians run into too many obstacles to implement aggressive energy efficiency measures because of the oil lobby. However, this lobby has no power if we link the bailout to these performance benchmarks.

    Seize the opportunity.

    November 22, 2008 at 10:40 am |
  8. Patty

    Who in their right mind would even think that Obama could do it alone? He is NOT the almighty messiah that his supporters think he is. For god sakes what is happening to this country? It will take a miracle, not our government to make things right.

    November 22, 2008 at 9:08 am |
  9. Deborah McColer

    I will just get to the point, no President Elect-Obama can't do it all alone. Have we forgot about the mess our now President has made. Is anyone not wanting him to clean up this mess,before leaves this office.I was always taught as a child to clean up your mess before leaving home.Leaving this mess behind and moving on is just what Mr.Bush is doing.Why would we think any one person would be able to clean up this world wide mess we are in.We will have to help with this clean up.While all the world makes Mr.Obama the one who needs to fix this mess,what about the one who made the mess Mr.Bush. What should be done about all the lies we have told by him.Where are those weapons of mess destruction? I guess Mr.Obama will have to find them too! Why not just it's one more Bush mess to clean up.

    November 22, 2008 at 8:42 am |
  10. Donna Umberger

    know everyone is busy right now, but I have something to say, and I want to see if each one of you will take a stand:
    I know that the inauguration ceremony is a very big and very expensive affair. IF Pres. Elect Obama is REALLY going to help our USA, I would like to se him prove it by cutting the big ceremony out. He could be sworn in, and go to work....our economy needs stimulation, I ask that Pres. Elect Obama start this process from the very top, by setting an example to our country and the world. What a statement our HERO could make...YES WE CAN.
    Sincerely,
    Donna Umberger

    November 22, 2008 at 8:14 am |
  11. nelson

    It should be clearly understood that Pres. Elect. Obama cannot do it alone because of his lack of experience and extremely unqualified for the position, but then again the American electorate never took that into consideration, but that obvious point will never be addressed , so keep up the good work Mr. Gergen

    November 21, 2008 at 8:21 pm |
  12. Joanne, Solvay, NY

    The entire landscape will change. Those who profited at the expense of the American people will be leveled. There is no doubt that exposure has brought about a "new intelligence" for the American people. The outcome will be an honest free market system.

    November 21, 2008 at 6:57 pm |