Weakened Obama Hampered On World Stage

The Wall Street Journal is reporting that President Obama is weakened on the world stage and that he is making very little promise in advancing his aganda among world leaders. It seems that the days of Obamamania have disappeared -- even in other parts of the world.
Here's part of the Journal's report from the G 20 summit:

President Barack Obama limped toward the close of the Group of 20 summit, weakened by an anemic economic recovery and an election drubbing that have left world leaders questioning U.S. authority.
In private meetings with Mr. Obama on Thursday, Chinese President Hu Jintao resisted his pressure on currency revaluation. Mr. Obama also failed to secure a free-trade agreement with South Korea by a deadline he set for Thursday, a blow to a president who has pledged to double U.S. exports over the next five years.
The summit of the Group of 20 industrial and developing nations is expected to conclude with a communiqué that papers over differences on fiscal and monetary policy that had been exposed in the run-up to the gathering. . . . 
That China was emboldened to lecture the U.S. on its currency, a notable reversal of recent meetings, underscores how it and other countries, including Brazil and Germany, have emerged from the global economic crisis faster and more strongly than the U.S. Mr. Obama found himself in the odd position of having to defend the U.S.'s independent central bank. He was also unable to quell concerns that the U.S. government is deliberately trying to weaken the dollar to boost exports.

Click here to read the full Wall Street Journal report.