Today was a classic of mixed messages coming out of the White House from two sides of the Atlantic and both sides of leaders’ mouths.  While Treasury Secretary Timothy Geithner is telling the G-20 conference in England that the global economic crisis is ‘still evolving’ , President Obama was trying to quell China’s investment concerns over a Trillion dollars of treasury notes, by assuring investors that they should have ‘absolute confidence’ in the soundness of US investments.

Should the world be worried about a recessionary ‘crisis,’ or should it have ‘absolute confidence’ in investing in the economy?

Well you would never know listening to the words coming out of the White House.

Some, being kind, would like to think listening to President Obama, you’d have to believe both.  However, if you count the number of times he has used the word ‘economic crisis’ v ‘confidence in the economy’, you too would be concerned if you were China or any other country that invested in US treasury bills.

In President Obama’s inaugural address he said “we are in the midst of a crisis”, today he was affirming the “soundness of investments in the US.”

Former Bush advisor, Karl Rove thinks Obama emphasized the crisis to get his economic stimulus package passed and then shifted the tone to put a positive spin on the economy.

“This is a White House that says, don’t let any crisis go unused,” Rove told FOX News.

Somehow, Obama seemed to invoke Charles Dickens ‘”best of times, worst of times.”

“I don’t think things are ever as good as they say, or ever as bad as they say,” Obama said.

Nice try in view of the fact that employment figures and falling economic indicators do not give one a sense of optimism.

Rove claims that the stimulus package does not have the punch that is needed because it spends more money from 2011 to 2019 than it does this year.

The stimulus package blows up the size of government and introduces new programs that have been on the Democrat’s wish list for years.

So far the Obama Administration is negating its promise of ‘change’ on many fronts and playing DC politics as its been played for years, yes the tail continues to wag the dog in the White House.