The grounds for impeachment of the president are for high crimes and misdemeanors. Obama has committed both. Collaborating with an organization (Republicans) that is subverting the economic system of the United States is a high crime. Lying about it is at least a misdemeanor.
Obama laid aside his powers to prevent another economic crisis and chose to let the Republicans have their way in their plan to destroy the US economy for the benefit of themselves, their corporate backers and the super rich.
So, impeachment and removal from office is warranted and justified. But, and there's always a big but, it's not possible to do that. The House Judiciary Committee must first approve the charges and since the chairman of that committee is a Republican, there's no way that will happen.
The reason for that is that now that Obama is one of them, the Republicans, the last thing they want is him impeached and out of office. Now that they know that he is one of them and has been fooling all of the Democrats, waiting for this opportunity to show his true colors to them, the last thing they want is him removed from office. Impeachment would never get past the Judiciary committee.
The Republicans know now that with Obama as president, they will be able to get just about anything they want from him. They've done it once with this debt ceiling farce, and they are assured now that they can do it again, anytime they want. As they say, the proof is in the pudding, and the Republicans have Obama's pudding digesting nicely.
What we could do, though, to give Obama an idea of how much we hate to be screwed over by another lying Republican like himself, is to start a National Impeach Obama petition. It won't get him impeached and removed from office, but it'll let him know that he may be able to fool some of the people some of the time, but he'll never be able to fool us again.
And, it would let him know that because of his treachery we're so unspeakably pissed off at him that we no longer want him as our president and want him out of office, like, right now.
If I could tell Obama one thing, it would be that, after this despicable performance, you can just forget about the primary for the Democratic nomination. Don't even try. That just ain't gonna happen. If you do try, we'll do everything in our power to prevent you.