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Boston Properties' Mort Zuckerman Obliterates Barack Obama

Tyler Durden's picture


Media and real estate tycoon Mort Zuckerman, who recently admitted he helped write Obama's speeches in the past, has come out blazing with easily the most damning missive of the president and his legacy to date. Mort joins such other distinguished and notable CEOs as Steve Wynn to openly blast the administration and its policies. In the meantime, the president has surely not made many new friends in the executive offices of the E&P space. Before all is said and done, look for letters such as the one attached to become a daily occurrence.

Obama Is Barely Treading Water (first posted in US News)

By Mort Zuckerman

The hope that fired up the election of Barack Obama has flickered
out, leaving a national mood of despair and disappointment. Americans
are dispirited over how wrong things are and uncertain they can be made
right again. Hope may have been a quick breakfast, but it has proved a
poor supper. A year and a half ago Obama was walking on water. Today he
is barely treading water. Then, his soaring rhetoric enraptured the
nation. Today, his speeches cannot lift him past a 45 percent approval

Click here to find<br />
out more!

There is a widespread feeling that the government doesn't work, that
it is incapable of solving America's problems. Americans are fed up with
Washington, fed up with Wall Street, fed up with the necessary but
ill-conceived stimulus program, fed up with the misdirected healthcare
program, and with pretty much everything else. They are outraged and
feel that the system is not a level playing field, but is tilted against
them. The millions of unemployed feel abandoned by the president, by
the Democratic Congress, and by the Republicans.

The American people wanted change, and who could blame them? But now
there is no change they can believe in. Sixty-two percent believe we are
headed in the wrong direction­—a record during this administration. All
the polls indicate that anti-Washington, anti-incumbent sentiment is
greater than it has been in many years. For the first time, Obama's
disapproval rating has topped his approval rating. In a recent CBS News
poll, there is a meager 15 percent approval rating for Congress. In all
polls, voters who call themselves independents have swung against the
administration and against incumbents.

Even some in Obama's base have turned, with 17 percent of Democrats
disapproving of his job performance. Even more telling is the excitement
gap. Only 44 percent of those who voted for him express high interest
in this year's elections. That's a 38-point drop from 2008. By contrast,
71 percent of those who voted Republican last time express high
interest in the midterm elections, above the level at this stage in
2008. And these are the people who vote.

Republicans are benefiting not because they have a credible or
popular program—they don't—but because they are not Democrats. In a
recent Wall Street Journal/NBC poll, nearly two thirds of those who
favor Republican control of Congress say they are motivated primarily by
opposition to Obama and Democratic policy. Disapproval of Congress is
so widespread, a recent Gallup poll suggests, that by a margin of almost
two to one, Americans would rather vote for a candidate with no
experience than for an incumbent. Throw the bums out is the mood. How
could this have happened so quickly?

The fundamental problem is starkly simple: jobs and the deepening
fear among the public that the American dream is vanishing before their
eyes. The economy's erratic improvement has helped Wall Street but has
brought little support to Main Street. Some 6.8 million people have been
unemployed in the last year for six months or longer. Their valuable
skills are at risk, affecting their economic productivity for years to
come. Add to this despairing army the large number of those only
partially employed and those who have given up their search for work,
and we have cumulative totals in the tens of millions.

Many people who joined the middle class, especially those who joined
in the last few years, have now fallen back. It's not over yet. Millions
cannot make minimum payments on their credit cards, or are in default
or foreclosure on their mortgages, or are on food stamps. Well over
100,000 people file for bankruptcy every month. Some 3 million
homeowners are estimated to face foreclosure this year, on top of 2.8
million last year. Millions of homes are located next to or near a
foreclosed home, and it is the latter that may determine the price of
all the homes on the street. There have been dramatically sharp declines
in home equity, representing cumulative losses in the trillions of
dollars in what has long been the largest asset on the average American
family's balance sheet. Most of those who lost their homes are
hard-working, middle-class Americans who had lost their jobs. Now many
have to use credit cards to pay for essentials and make ends meet, and
they are running out of credit. Another $5 trillion has been lost from
pensions and savings.

But it is jobs that have long represented the stairway to upward
mobility in America. For a long time, it was feared they were vulnerable
to offshore competition (and indeed still are), but now the erosion is
from economic decline at home. What happens as those domestic
opportunities recede? Middle-class families fear they have become
downwardly mobile and have not hit the bottom yet. The financial
security that was once based on home equity and a pension has been swept

In a survey just released, the Pew Research Center explored the
recession's impact on households and how they are changing their
spending and saving behavior. Nearly half the adults polled intend to
boost their savings, cut their discretionary budgets, and cut their debt
loads. The report concludes that the present enforced frugality will
outlast the recession and its overhang. Fully 60 percent of those ages
50 to 61 say they may delay retirement. What does that mean for the
young would-be employees entering the labor force over the next few

The administration's stimulus program, because of the way Congress
put it together, has created far fewer jobs than anyone expected given
the huge price tag of almost $800 billion. It was supposed to constrain
unemployment at 8 percent, but the recession took the rate way above
that and in the process humbled the Obama presidency. Some 25 million
jobless or underemployed people now wish to work full time, but few
companies are ready to hire. No speech is going to change that.

Little wonder there has been a gradual public disillusionment. Little
wonder people have come alive to the issue of excess spending with
entitlements out of control as far as the eye can see. The hope was that
Obama would focus on the economy and jobs. That was the number one
issue for the public—not healthcare. Yet the president spent almost a
year on a healthcare bill. Eighty-five percent in one poll thought the
great healthcare crisis was about cost. It was and is, but the
president's bill was about extending coverage. It did nothing about the
first concern and focused mostly on the second. Even worse, to win its
approval he accepted the kind of scratch-my-back deal-making that
suggests corruption in the political process. And as a result, Obama's
promise to change "politics as usual" disappeared.

The president failed to communicate the value of what he wants to
communicate. To a significant number of Americans, what came across was a
new president trying to do too much in a hurry and, at the same time,
radically change the equation of American life in favor of too much
government. This feeling is intensified by Obama's emotional distance
from the public. He conveys a coolness and detachment that limits the
number of people who feel connected to him.

Americans today strongly support a pro-growth economic agenda that
includes fiscal discipline, limited government, and deficit reduction.
They fear the country is coming apart, while the novelty of Obama has
worn off, along with the power of his position as the non-Bush. His
decline in popularity has emboldened the opposition to try to block him
at every turn.

Historically, presidents with approval ratings below 50 percent—Obama
is at 45—lose an average of 41 House seats in midterm elections. This
year, that would return the House of Representatives to Republican
control. The Democrats will suffer disproportionately from a climate in
which so many Americans are either dissatisfied or angry with the
government, for Democrats are in the large majority in both houses and
have to defend many more districts than Republicans. In any election
year, voters' feelings typically settle in by June. But now they are
being further hardened by the loose regulation that preceded the
poisonous oil spill—and the tardy government response.

The promise of economic health that might salvage industries and
jobs, and provide a safety net, has proved illusory. The support for
cutting spending and cutting the deficit reflects in part the fact that
the American public feels the Obama-Congress spending program has not
worked. As for the healthcare reform bill, the most recent Rasmussen
survey indicates that 52 percent of the electorate supports repeal of
the measure—42 percent of them strongly.

It is clear that the magical moment of Obama's campaign conveyed a
spell that is now broken in the context of the growing public
disillusionment. Obama's rise has been spectacular, but so too has been
his fall.


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Tue, 07/13/2010 - 11:03 | 466228 Escapeclaws
Escapeclaws's picture

Tell me something new. I guess its meaningful because a multi-quadrillionaire said it.

I am not worthy to kiss the hem of your garment oh exhalted one!

Tue, 07/13/2010 - 12:00 | 466369 trav7777
trav7777's picture

Dude, it's ADSENSE!  It is a fucking advertising AGGREGATOR that takes purchases from a VARIETY of businesses, and IT places the ad on the screen depending upon what cookies YOU HAVE on your machine!

ZH doesn't receive a fucking cent from banks.  Banks pay Adsense just like all the other advertisers and Adsense places the ads. ZH gets money ONLY from them.  STFU already about it

Tue, 07/13/2010 - 15:04 | 466888 caconhma
caconhma's picture

This article is very indicative of a grave situation the American society is in now.

We are observing a rapidly widening crack inside the America ruling elite and its oligarchs. The American ruling elite is scared since they cannot enjoy fruits of their stolen loot. The situation becomes increasingly unstable when their own well-being and even personal safety become a serious issue.

Tue, 07/13/2010 - 11:41 | 466319 Chemba
Chemba's picture

dude, relax

so what if ZH has ad placements from banks.  those are placed automatically by internet advert agregators; it's not like TD is selecting his advertisers.

And even if he did, big deal.

Do you not have a bank account?  Do you not use the banking system?  Or do you live in a cave and eat beetles and drink rain water?

Tue, 07/13/2010 - 11:56 | 466340 B9K9
B9K9's picture

A year and a half ago Obama was walking on water.

Sometimes, admittedly rarely, I am at a loss for words. This guy and his fellow clan members were single-handedly responsible for finding, cultivating, preening, training & foisting this affirmative-action quota hire on the American people. And now he says he's disappointed?

Hmmm. Perhaps we should look at the bigger picture. What exactly is MZ's intent - what snake oil is selling on behalf of moving markets to the benefit of his cousins? If Hussein and his fellow party members lose political power in November, doesn't this foretell deflation? (That is, austerity gains favor with a concomitant curtailment of open-ended fiscal spending and -0- Fed oversight.)

If that's the case, isn't it nice that the banks are now holding $trillions in excess (cash) reserves, thanks to TARP and accommodating Fed (QE) policy, ready to buy the nation's assets for pennies on the dollar?

When this fucker finally collapses, we must begin to address the real underlying issue.

Tue, 07/13/2010 - 11:58 | 466364 Yardfarmer
Yardfarmer's picture

bravo! and well spoken, amigo del hombre

Tue, 07/13/2010 - 12:06 | 466382 B9K9
B9K9's picture

The fundamental problem is starkly simple: jobs and the deepening fear among the public that the American dream is vanishing before their eyes.

I don't know whether to laugh or cry. Perhaps the ultimate irony is the full embrace of Goebelesque nuance.

Listen fuck face, America hasn't had a real, productive, underlying economy for a decade, perhaps longer. The entire period of the naughties was nothing more than an asset-leveraged, credit-driven consumption binge.

Full. Fucking. Stop.

This country is headed for a full-on crack-up; dissolution. $Trillions in misplaced mal-investment must be destroyed. $Trillions in bad debt must be de-leveraged via either default, repudiation, and/or restructuring.

The entire entitlement/support facade needs to be disassembled in order to reduce the overall tax/interest load so that capital savings can flow to new investment opportunities. We can either start today, or we can wait.

Like cancer, the longer you wait, the more invidious the disease path. We're already @ stage IV. Lance Armstrong survived S4, but can America?

Tue, 07/13/2010 - 23:43 | 467689 drwells
drwells's picture

"Listen fuck face, America hasn't had a real, productive, underlying economy for a decade, perhaps longer. The entire period of the naughties was nothing more than an asset-leveraged, credit-driven consumption binge.

Full. Fucking. Stop."

Yep. One of the lowest, if not the lowest, points in American history (so far).

Tue, 07/13/2010 - 12:06 | 466387 trav7777
trav7777's picture

I also don't get the tribe outrage against special privilege for brown people like muslims when they CREATED the entire race hustling machine through the NAACP et al.  The C stands for Colored.  Apoplexy reigns...we didn't mean THOSE colored people, who constitute a threat to our little 2nd home.

MZ rails about Democraps and Repugnicons but the race hustling machine built and funded by his cousins springs to life every time a sufficient quantity of european whites assembles.

Look at the outcome...veritable racewar while a particular clan can and does STILL RELY on ethnic nepotism and the tribe mentality of extended family.  Do you get that from people whose ancestors hailed from the same country as yours? 

Tue, 07/13/2010 - 12:19 | 466427 B9K9
B9K9's picture

The only comparable association of European whites is the LDS. (Audience - please don't remind me that the majority of their recent growth is in S America and other DNs.) Historically, the church based its growth on marginal sub-optimal IQ (90-100) British subjects.

To this day, the standard look is two very attractive young people of Euro descent with around 3-4 kids in tow. I love Mormons - they epitomize Wilson's theories regarding the success & resilience of ant colonies. Do your two years, get married, have kids, and the "association" will take good care of you: job, house, security, you name it.

I used to imagine converting to the LDS and becoming a jack-Mormon in order to take advantage of the network. LOL

Tue, 07/13/2010 - 14:00 | 466690 Bam_Man
Bam_Man's picture

Me too.

And another good attraction to "converting" is that despite what the leaders say, they don't all subscribe to monogamy. 

Tue, 07/13/2010 - 20:56 | 467570 WaterWings
WaterWings's picture

HBO does a good job of convincing you.

Tue, 07/13/2010 - 20:10 | 467526 WaterWings
WaterWings's picture

Deseret = "honeybee"

Beehive right on the Utah state flag and "Industry.

They had their own alphabet and $5 gold pieces. Networking used to be a lot stronger but a house? Come on - only if you married into the family. Urban Mormons are far more independent and can be downright spiteful - they need to cull the herd and get back to their roots (not the polygamy per se) - ask any one that actually reads the Book of Mormon faithfully and they'll tell you that time is a comin'.


Tue, 07/13/2010 - 12:25 | 466439 Arthor Bearing
Arthor Bearing's picture

Soon you'll be able to point out obvious things in public again without being deprived of your livelihood by the ADL and NAACP

Tue, 07/13/2010 - 12:08 | 466392 SteveNYC
SteveNYC's picture

The truth has been spoken by the K9! What an excellent post! MZ could give a FUCK about the "hard working, middle-class American". He could give a FUCK about their home equity (he is spouting "equity, equity" because his own is obviously diminishing and he is probably underwater on a whole lot of commercial real estate).For a guy like this to be "concerned" about Americans is like a bear being "concerned" for salmon.


Tue, 07/13/2010 - 13:29 | 466613 Oso
Oso's picture

I would have to disagree.  Zuckerman is a highly intelligent guy that made money because he knew where to be and when, and BSX is one of the best run companies out there.  He IS the American dream. 

Frankly, i think its incredible that a former Obama supporter with this much money is now turning the other way.  You want this guy on the plebian side.  I would love to have him fund a bunch of commercials denouncing every one of Obama's policies, and exposing the band of theives that he calls his advisors.

Tue, 07/13/2010 - 14:34 | 466807 ConfederateH
ConfederateH's picture

If Zuckerman is so smart then why did he fall for Obama's blatant lies?  Either Zuckermann is an idiot, or he is a corrupt liar.  You can't have been an Obama supporter and not been one or the other.

Tue, 07/13/2010 - 14:50 | 466860 Apostate
Apostate's picture

Zuckerman is highly intelligent. I used to run into him all the time in my old neighborhood (never knew him personally and never wanted to either).

In the old USA, the most biologically adaptive method to accumulate wealth was to assimilate to the society and pump up the ruling class.

Now that ruling class is disintegrating. They know that the US can't continue without a middle class.

Is he virtuous? No. He's systematically dishonest and deluded by the official state religion of Krazy Keynsianism.

He didn't fall for Obama's lies. He created them. Those are the lies he tells himself so he can sleep easy at night.

Just about all non-Austrians were blindsided by the financial crisis because they misunderstand the role of money in the economy. As I've said before on ZH, they believe that money is magic - a commodity immune to the laws of supply and demand that can be adjusted upwards and downwards to control the minds of men.

It works that way, after a fashion, until it doesn't. 

Tue, 07/13/2010 - 18:27 | 467392 Arius
Arius's picture

"Now that ruling class is disintegrating. They know that the US can't continue without a middle class."


Why it cant?  others do....we are not that speciall after all...

Tue, 07/13/2010 - 19:37 | 467499 Problem Is
Problem Is's picture

The oligarchy just wants the vaunted Amerikan middle class to stand still long enough to pay for all the bankster bailouts that are now on the tax payer's balance sheet instead of Wall Street's where they belong...

The elite are all chiming in with austerity bitchez... The Amerikan public support it...

The Amerikan public wants their asses taxed off and austerity to pay for TBTF Wall Street bailouts.... Sure they do you Zucker fuck...

Mort wants you to hold still and take austerity like an alter boy sodomized by his priest...

Tue, 07/13/2010 - 12:26 | 466444 doublethink
doublethink's picture


WASHINGTON (AFP) – US voters' trust in President Barack Obama's ability to get his job done well has slid to a new low, a Washington Post-ABC News poll released Tuesday found.

"Four months before midterm elections that will define the second half of his term, nearly six in 10 voters say they lack faith in the president to make the right decisions for the country, and a clear majority once again disapproves of how he is dealing with the economy," the report said.


Tue, 07/13/2010 - 19:26 | 467475 Problem Is
Problem Is's picture

I have every confidence in Obummer's ability as a corporate whore and Wall Street puppet...

Tue, 07/13/2010 - 13:10 | 466564 Krypton Kent
Krypton Kent's picture

I agree the professional wrestling, whether it be between repubs and dems, or business and their front men politicians of all stripes... We've been treated to cover stories and feign opposition between the same upper class group - so the take away from this is like you said - what snake oil / solution are they setting up and then launching here ? Yup, the banks are recapitalized - holding reserves in amounts they have never done- and while every so often that fact seems to get pinged by journalists - nobody is connecting any larger dots... simply waiting for the next phase to kick in... on the horizon we see austerity for governments - and private banks and their financial arms FLUSH with cash reserves (and continued market string pulling to increase the size of those reserves without creating any new real economic growth)... so when the govt has to "tighten the belt" with spending, I guess our banking masters, er friends rather, step in to "help" and take some assets off the public's hands? Controlling the conversation and information...

Yes, when the austerity kicks in here -- they'll just be taking their little economic think tank models live onto the public....they're test runs on 3rd world nations have helped, now for the big prize right? they will get the train to switch tracks - they know the public is ignorant and more over scared and just want a comforting voice to say this is the way to salvation!

Don't lose sight that this same criminal elite (hand pick your own roster here) has become even more brazen since their big event in NY back in 2001... Real Estate pump and dump has become more than just 'quick cash' - although greed has been the common unifier - but now even in the 3 years hindsight, we see a piece of the major catalyst they set up to get the public (the individual and the public govt assets) into this position...

Tue, 07/13/2010 - 13:55 | 466660 B9K9
B9K9's picture

Yes, the clan believes only the complete debasement & defeat of the middle-class can effectively deal with the perennial threat emanating from NASCAR loving, Palin lusting neanderthals.

Yet, for all their individual & collective genius (on average, 1 std dev above the mean, with a wildly disproportionate representation above 150, and massive over-representation in chess, the premier strategic game of our time), they have consistently mis/over-played their hands throughout countless centuries.

As Travis dutifully notes, this time around will be no different. At some point in the not-to-distant future, the People may begin to form the idea that the only way to preserve the Union will be via military coup. The alternative will be dissolution, which will also result in dramatic shifts to the right in the respective regional associations.

Once the facts are revealed (this shit is all tied up in Reston, kept under tight lock & key), there are gonna be 10,000+ of these banksters on the dockets. If this process doesn't provide the necessary catharsis, and we continue to sink further into the milieu, then the stakes will only be ratcheted higher.

Tue, 07/13/2010 - 15:02 | 466882 bigkahuna
bigkahuna's picture

There are some generals who are very pragmatic and would be a natural choice for leadership. There are also some narcissists who will give you the same treatment as you are used to--probably coupled with a fair amount of purging. Military rule is rolling the dice.

Tue, 07/13/2010 - 14:43 | 466831 Ripped Chunk
Ripped Chunk's picture

Yes, the big event of 2001.  The evidence neatly disposed of at the Fresh Kills landfill.

Wed, 07/14/2010 - 11:52 | 468243 lyle
lyle's picture

I have very low expectations for the incoming republican congress majority. These guy have proven just as incompetent, corrupt and devious as the democrats. Same game, just moving somewhat slower. Remember the "Contract with America?"  It's one big "Bird of Prey", with two wings. Either way, we are screwed my friend!

Sun, 07/18/2010 - 20:56 | 476377 Inspector Asset
Inspector Asset's picture

No, no, no and No to the 4th one.


I get cash, I spend my cash. Its my business only,

I like to drink water and beer and coffee  and stuff from whole foods.


My question to all you fools is why havn't the banks request that Adsense pull their ads from ZH.? I would be insulted if I were the CEO of a bank.

Tue, 07/13/2010 - 11:41 | 466320 Ignatius J Reilly
Ignatius J Reilly's picture

It's PS, then PPS.

There, you learned something.  Now go buy a t-shirt.

Tue, 07/13/2010 - 12:00 | 466368 IBelieveInMagic
IBelieveInMagic's picture

People, it is easy to rant and rave. But, when you are in the big seat, things don't look as simple as many of us would like to believe. Do you think McCain/Palin would have done better. Did Bush/Cheney do wonders?

The problems are very deep with no easy solutions. Just get used to that idea...

Tue, 07/13/2010 - 12:44 | 466489 Plug In Baby
Plug In Baby's picture

you must have that PhD thing...

Tue, 07/13/2010 - 12:45 | 466494 Loan Gunman
Loan Gunman's picture


Do you think McCain/Palin would have done better.


Tue, 07/13/2010 - 14:33 | 466796 DosZap
DosZap's picture


 I agree( I am an Independent), for one thing they would not have been allowed to PUSH the US into a semi National Socialist state.

Which is exactly where we're headed.OR worse...............

Also, business, and corporations would at least have a clue WHAT their policies would do to them.

With the current regime( not one conservative period), or even a believer in a Republic,or for that matter the Constitution..............HELL yes it would be better.........

Finances aside, just these items would at least not cause the General population to be scared to death,not grab their ankles, and cause the economy to fold like freakin tent, with whatever Commie/Socialist program, would be crammed down our throats next....................

Tue, 07/13/2010 - 14:39 | 466821 ConfederateH
ConfederateH's picture

With McCain and Palin there would have been total gridlock.  Obama's healthcare, takeover of GM, Chrysler,AIG would not have happened.  Stimulus would have been smaller.  There might have been tax cuts, small business would be more confident with a pro business president.  Taliban would have come to the negotiation table, other countries would have imposed sanctions on Iran.

Sun, 07/18/2010 - 12:21 | 476064 Brutlstrudl
Brutlstrudl's picture

Can't wait to find out who will save us from Obama..... with change we have to believe in.

Tue, 07/13/2010 - 19:23 | 467469 Jendrzejczyk
Jendrzejczyk's picture

For the 2,773rd (approx) time here on ZH, there are not two parties, there is only one. Look up BCCI and see whose bank the republicans were running Iran/Contra money through.

Let's all say it together, republicrats.

Wed, 07/14/2010 - 04:43 | 467752 i.knoknot
i.knoknot's picture

that can't possibly be true!

you're just making that up.

you must be one of those damned rebublicrats...

you guys caused all the problems. not us.

(that was kind of fun)

Tue, 07/13/2010 - 13:20 | 466589 QQQBall
QQQBall's picture

Wow, "the problems are deep" zzzzzzzzzzzz... Thanks for the reach-around. Obama apologists are still playing the "he ain't Bush" card. Obamatard is the worst president since Jimmy Carter... fastest lame duck in my lifetime.

Tue, 07/13/2010 - 16:21 | 467091 DosZap
DosZap's picture


Carter was EXCELLENT compared to what we have least he loves America.(but was unfit for the job).

It feels as if an Alien has taken over my country, like the frigging Bubonic Plauge.

Listened to a talk show this a.m., many Black callers.....all of whom said they voted for Obama,(94% of Blacks did).

They said they were ashamed, and said ethnic relations, and black race realtions/issues in this country have been taken back 20yrs........from where we were prior to "O".

I felt for them, after all these years, they get this........instead of a patriotic American, which they could be proud of.That we all could be proud of..............

No one can deny, "O" has done exactly the opposite of what he campaigned on, as far as bringing us together...........nothing is farther from the actual truth.

From the AZ lawsuits,(totally groundless, and BS) to the New Black Panthers, advocating murdering Cracker's, and Cracker babies.....without ONE word, of a cautionary/slap down tone from this Whitehouse, or it's AG.

On top of everything else we're living with,and thru, we certainly do not need this shit.

Tue, 07/13/2010 - 20:52 | 467566 uraniuman
uraniuman's picture

Worst President Ever. Hates America- doing his  best to destroy US.

Tue, 07/13/2010 - 14:45 | 466841 hound dog vigilante
hound dog vigilante's picture

"People, it is easy to rant and rave."

No, it's not. The sheep don't want to hear about problems, solutions, or responsibility. The ranters and ravers are swimming upstream against a current of ignorance. So no, it is not easy.

"But, when you are in the big seat, things don't look as simple as many of us would like to believe. Do you think McCain/Palin would have done better. Did Bush/Cheney do wonders?"

Nobody here thinks McCain/Palin and/or Bush/Cheney are 'better'.  You are correct - the problems are complex, not simple. So complexity is now an excuse?  We continue with the status quo (or worse) because the problems are too big and too complex for our tiny brains to comprehend?  This is your excuse/suggestion?  Really?

"The problems are very deep with no easy solutions. Just get used to that idea..."

Done. Many here have been "used to that idea" for a very long time, which is exactly why certain, specific 'solutions' are discussed here so often. Very few here are willing to chill and wait for corporate/media/political elites to "fix everything", which is exactly what you seem to be waiting for.  Good luck with that.



Sun, 07/18/2010 - 20:59 | 476378 Inspector Asset
Inspector Asset's picture

Anyone who still believes in a party system neeeds to spend some agonizing hours over at

cuz the war is for your mind muther f*******s

Tue, 07/13/2010 - 15:03 | 466880 caconhma
caconhma's picture


Tue, 07/13/2010 - 15:16 | 466915 mike moll
mike moll's picture

Can we go thru the scenario please?

You think there will be austerity?
You think there will be an afterwards for our present society?

I dont think so.

When will it end?

"They" feel so successful that "they" even admitted they caused the 30's bust.
And made that admission at the 90's birthday of a fine economist who had maintained that fact.

The fed was founded in 1913, worldwar was 1914.
The fed cause the bust in the 30s, world war in the 30s.

I see in my mind Mr. Blankfeins smirking face and know of his words against God.
"They" are now watching, all of them, amused at how much we can take, ready and waiting to push us all on the rubbish heap.

When is the turning point, when does it all go bust?
Its when we are already on the rubbish heap. They just need to cut off the food stamps.

Thats not far away now is it?
And war is profitable. And cleans away the rubbish.
They do think that way.
The same statement is that its when their juggling the plates in the air no longer pulls in the trillions.

So then they own the whole world.
And have to scour the dumps to find a humble live person who is capable of accessing that world.
They occupy the lands and have lost the key.
They hold their sex farms and have lost love.

That might be my way of looking at it but there are many people on this site who see it more clearly in places I cannot access at the moment.
People who understand the money movements. I dont.
I have several names in my head.

What I should like, instead of just the transitory remarks I see and enjoy here - what a pleasure to read open feelings, whatever they are

about - is to form a working group. Capable people. Lets do the math and lets do the human understanding - the meek access to the

world of the beast - and lets write it down. What will happen. When.

Tue, 07/13/2010 - 17:15 | 467218 mike moll
mike moll's picture

I was looking at,  The Top 10 reasons why other kids have run away are.

Tue, 07/13/2010 - 17:26 | 467242 Cathartes Aura
Cathartes Aura's picture

#1: Kicked out.

#2: Sexual abuse.

I've worked with homeless kids, and those two ring true.  Often they get kicked out for not keeping silent about the sexual abuse. . . mother's boyfriend, abusive sibling/uncle, etc. - family secrets seek self preservation. . .kinda like gov'ts eh.

Tue, 07/13/2010 - 17:32 | 467268 mike moll
mike moll's picture

Yes. God gives some protection. It ruins lives.

Tue, 07/13/2010 - 17:52 | 467305 mike moll
mike moll's picture

Difficult. God may keep you alive. There's a chasm so big you can put the world in it. Between what they do and the real world of (who should I say? Let me say) Elia. The children die the birds die. But believe and there is life, the birds speak and approach, the flowers move and love.

As one says here end the fed.

Tue, 07/13/2010 - 18:34 | 467408 mike moll
mike moll's picture

Excuse me I am sure you see it right. Do you want to say more? I would appreciate it.

Wed, 07/14/2010 - 00:15 | 467701 Cathartes Aura
Cathartes Aura's picture

heya mike, not sure who you might be addressing here, or what it is you want to hear "more" of?   but if you're referring to my post of working with homeless kids, and abusive homes, I guess I can add some to what I said. . .

it's my opinion, based on the kids I've worked with, and observation of amrkn families in many different states, that there's a deep problem with immaturity in this culture. . . don't know when one would peg a shift? but certainly kids born from the mid-70's onwards had less supervision, less parenting really, and it's only getting worse. . . kids born in the mid-90's talk of parents that are never around, or of whole families using "illegal" white drugs, parents putting their kids on various sedative-type drugs rather than address their need for attention, or the  additives in the food affecting their systems, etc. etc.

it's a disconnect, and it's also like the parents never had any supervision, so it's all down to a bunch of kids breeding more kids. . . mothers hang out with their daughters like peers, fathers either absent or angry to the point of avoidance. . .

I don't know, it's nothing new really, just multiplied by more numbers. . . but it can be good to work with kids, to really listen to their (horror) stories, acknowledge what is "real" for them, and begin to offer support and structure. . . it can also be draining when you recognise you're being "worked" with less than true "stories" they've invented or embellished to get something, even attention.. .

anyhow, I have no idea if this is what you were asking for?  but I wish you the best - it's tough out in the world nowadays, I hope you have a good support network. . .

Tue, 07/13/2010 - 17:38 | 467279 mike moll
mike moll's picture

Avoid homelessness as best you can

Tue, 07/13/2010 - 18:29 | 467395 Ripped Chunk
Ripped Chunk's picture

All good advice. The age of arrogance (for the everyday man) is over.  That is very good on a number of levels.

First thing you notice when your arrogance is washed away is how extremely arrogant bankers, corporate leaders and politicians are. The contrast is stark.

That makes it easier to laugh when they fall.

Tue, 07/13/2010 - 19:15 | 467462 mike moll
mike moll's picture

Yes. I'm being washed ...

Tue, 07/13/2010 - 17:30 | 467261 mike moll
Tue, 07/13/2010 - 18:14 | 467361 mike moll
mike moll's picture


And and and.

Its late here in europe 00.09. It has been very hot. 30+ for weeks. The clouds are beginning to form in vertical towers.

This is a remarkable site. At AEP I feel people are paid to respond.

I dont believe I can have that feeling if this is not an honest place.

Tue, 07/13/2010 - 18:37 | 467414 mike moll
mike moll's picture


Tue, 07/13/2010 - 19:25 | 467477 mike moll
mike moll's picture

Chindit ??



Mr. Cheeky, Sir?

Am I so little in what I say?

Tue, 07/13/2010 - 11:02 | 466229 Robslob
Robslob's picture

I thought it was Bushes fault.


Net is Americas fault for trying to work your ass off and get somewhere in life and "actually trust politicians not to fuck it up"???

Shame on us...shame on them.


Tue, 07/13/2010 - 13:03 | 466544 Lucky Guesst
Lucky Guesst's picture


Thank YOU! I was scanning all the posts before I posted that. Hello can we spell


It just came out that he wrote a speech for Obama (probably one he raved about in the news) and suddenly he has to speak out against Obama. Weird since they both are members of the Council on Foreign Relations (as well as Michelle Obama).


Tue, 07/13/2010 - 11:02 | 466230 Sqworl
Sqworl's picture

Run Mort, Run have the management experience our country is in dire need!!!!

Tue, 07/13/2010 - 11:21 | 466270 Mactheknife
Mactheknife's picture

What does it say about his "management experience" when he helped write speeches for someone he didn't bother to learn anything about? He helped get a marxist/socialist elected and now he wants to take it back? Did he think that getting someone elected via the "American Idol" method would not have consequences? Now he squeals.

Tue, 07/13/2010 - 11:28 | 466289 Sqworl
Sqworl's picture

Mac: r u reading his statement, like the rest of the country he believed in Hope and Change that Obama was selling!!!  Buyers remorse!

Tue, 07/13/2010 - 11:57 | 466363 Mactheknife
Mactheknife's picture

>Mac: r u reading impaired...

Nope. Like I said, he bought a used car without bothering to look under the hood or getting his mechanic to check it out or getting the carfax. Who does that? A great manager? I think not.

Tue, 07/13/2010 - 12:10 | 466400 DoChenRollingBearing
DoChenRollingBearing's picture

+ 1

Tue, 07/13/2010 - 12:04 | 466381 DonnieD
DonnieD's picture

Buyers remorse or bait and switch?

He ran as a moderate who would bridge the gaps in American society but has only widened racial and political gaps. He has created a coalition of big government/union/big business/entitlement receipients and pitted them vs. everyone else. If you're not on his team, good luck, because the deck is stacked against you.

Tue, 07/13/2010 - 13:12 | 466567 New_Meat
New_Meat's picture


"He ran as a moderate..."

I didn't hear any moderate, esp. with his election track record, Rev. JWright, and Michelle's frank discussion (before they bot the truck-load of duct tape for her).

But I was in upstate NY when the Black Panthers were doing their thing, maybe I'm sensitive to the "nuances."

- Ned


Tue, 07/13/2010 - 12:23 | 466435 Arthor Bearing
Arthor Bearing's picture

"The rest of the country"

You mean the stupid mob whose opinion is absolutely worthless? Yeah, Mort wasn't a part of that. He was pulling the marionette strings though

Tue, 07/13/2010 - 17:49 | 467295 ToNYC
ToNYC's picture

B.Ob ama got his ride selling Hope and Dreams. Si se puedes. We did... get him in the White House. He found it filled with the Usual Suspects and you know how that movie ends. Verbal Kint was just into the story and Keyser Soze? No say, but a Hell of a ride!

Tue, 07/13/2010 - 12:05 | 466377 SRV - ES339
SRV - ES339's picture

Obama is not a marxist, or a socialist... you've been watching too much Glenn Beck.

OK, he's in charge and will pay the price (that's just life), but does anyone "really" believe he is responsible for the financial mess this world is in? Really?

Tue, 07/13/2010 - 14:12 | 466729 faustian bargain
faustian bargain's picture

Do you really believe he's working to repair the mess? Really? Larry Summers, Tim Geithner, Ben Bernanke...? All his men, all are part of the problem, not part of the solution.

Not a socialist? The so-called 'healthcare reform' package is a wealth redistribution scheme. And it doesn't even go as far into socialized medicine as Obama wanted.


He tries to sell himself as a 'moderate' (as most politicians do), he thinks he is motivated by liberal and socialist agendas, and he is ultimately being manipulated by the fascists in power.

He's a double-speaking socialist patsy.

Tue, 07/13/2010 - 20:23 | 467543 TimmyB
TimmyB's picture

"Do you really believe he's working to repair the mess? Really? Larry Summers, Tim Geithner, Ben Bernanke...? All his men, all are part of the problem, not part of the solution."

These people are part of the problem.  However, Ben Bernanke was appointed by Bush.  Tim Guitner became head of the N.Y. Fed under Bush.  These guys were in charge of the bail-out under both Bush and Obama. 

So, if Obama is a socalist, the obviously Bush was one too, along with McCain and Palin, who both supported the bail-out.  Either that, or none of them are socalists and instead--both parties are controlled by the owners of this country.  As George Carlin said: "The Politicians were put there to give you the idea you have freedom of choice"   




Wed, 07/14/2010 - 04:48 | 467753 i.knoknot
i.knoknot's picture

"Ben Bernanke was appointed by Bush."


technically correct - irrelevent after re-appointment.

let's put the accountability where it belongs ... now ... not 20+ months ago.

otherwise spot-on... out of 300 million those candidates are the best 'we' could come up with?

i don't really think 'we' had much to do with it...


Tue, 07/13/2010 - 14:29 | 466790 Reductio ad Absurdum
Reductio ad Absurdum's picture

I've never seen Glenn Beck but it's incontrovertible that Obama is a socialist.

does anyone "really" believe he is responsible for the financial mess this world is in? Really?

The democrats never stopped trying to blame Hoover for the Great Depression, even though the world-wide depression hit just months into Hoover's presidency. Get used to it, Obama is going to get most of the blame for this mess.

I have said in many comments that society has been collapsing since at least the end of World War II, when liberal social policies started taking over. This means many presidents are to blame, but really it is the people of the US that are to blame for electing the wrong politicians.

Tue, 07/13/2010 - 16:36 | 467124 DosZap
DosZap's picture


FDR was responsible for the LONG Depression............he just loaded the wagon.( why do you think after his death, the POTUS term limits were changed?,people feared a Dictator)..........People were scared out of their minds, over both Wilson, and AVID Racist,hated Blacks,segregated the Armed Forces,both Wilson/FDR,had mini gestapo's threw people into jail,ruined them financially,anyone who stood up to their Agenda's.They were BAD SOB's...........

If not stopped, we will have far worse, with what we have NOW.

Between Wilson, and FDR, and now "O", we have the three people who have caused more damage to America, than any others combined.

What do they all have in common?...............

ALL were/are radicals, and  Progressive socialist's, and started programs that are bringing us to our knees............

Sun, 07/18/2010 - 16:27 | 476200 laughing_swordfish
laughing_swordfish's picture


Perhaps, but I think the Real Reason Obama got in was that TPTB knew that "Hillary" was (and is) a true-believing, union-loving, died-in-the-wool "Vanguard of The Proletariat" SOCIALIST. And, at the beginning of 2008, it looked very likely that she would be nominated and elected. And the oligarchs were running scared.

She had just spent the past eight years in the Senate compiling a left-wing voting record second only to Ted Kennedy.

Normally, they would have completely swung behind McCain. But McCain had this "maverick" thing about him, which led them to believe that should it come crunch time for the elites, he just might have enough stone to stand up to them.

Enter BHO. Pleasant. Intellectual. Largely unknown. No "obvious Negro accent". Pragmatic. A man of the "center-right" of the Democrat Party. And a man with longstanding ties to The Clan of The Menorah, which as we all know now is the Distinguishing Mark of The Oligarch.

Presto-Chango. He's swept into office. And he's carrying out his orders are they are formulated at 200 West St. and passed to him through Timmy, Benny, Larry and Bobby (Rubin).

BHO isn't the first Muslim President... in reality he is the first J** President.

Think about it.


KrvtKpt. laughing swordfish

DKM Trading Division

Tue, 07/13/2010 - 14:46 | 466846 DR
DR's picture

Obama a socialist? Oh please, he is a tool of the international plutocracy. The US health care reform was a top agenda of the IMF. Why do you think the bill was past when the majority of the US was against it?

Tue, 07/13/2010 - 15:24 | 466937 hound dog vigilante
hound dog vigilante's picture

"Obama a socialist? Oh please, he is a tool of the international plutocracy."


"The US health care reform was a top agenda of the IMF."

I doubt it.  Health care "reform" was at the top of the congressional democrat's agenda, not the IMF. The IMF is largely funded by the US, not the other way around.

"Why do you think the bill was past when the majority of the US was against it?"

Because congressional democrats owe favors to big insurance & big pharma, the folks that funded their campaigns (and retirement). Folks would do well to remember that the recently passed healthcare "reform" legislation maintains FOR-PROFIT healthcare provision, not socialized re-distributive healthcare provision. The "reform" was all about protecting corporate (insurance, pharma) profits. Mandated for-profit healthcare... think about it.

It's the same game/story with financial reform. Democrats again show their true colors by cutting all real reform from the legislation, while protecting corrupt profit streams for their masters, the corporate banks.

I can't imagine any better evidence of a one-party corporatocracy than the recent "reform" efforts being led by so-called main street big tent Democrats. The corporate lobby OWNS the Democratic party.  It is beyond irony.


Tue, 07/13/2010 - 16:46 | 467142 DosZap
DosZap's picture

hound dog,

Tue, 07/13/2010 - 17:18 | 467229 Neo-zero
Neo-zero's picture

"Why do you think the bill was past when the majority of the US was against it?"

Because congressional democrats owe favors to big insurance & big pharma, the folks that funded their campaigns (and retirement). 

I have to disagree with your conclusion on this.  I feel this was part of the long game that's been playing out since the inception of the fed.  Its all about control of the masses by the elite's and entrenching Dem power for decades.  They knew they could never get socialized medicine here so they screw the system up so badly then say the only way they can save us is with a full govt takeover.  Turning healthcare into another entitlement with massive govt worker buracracy.  Hordes of govt workers and new job crushing taxes make everyone more dependent on govt largesse.  Face it the plan is to turn the whole country welfare queens. 

Wed, 07/14/2010 - 03:07 | 467734 hound dog vigilante
hound dog vigilante's picture

I think we're both right. I can see the entitlement/bureaucracy growth trend that you describe, and it's certainly not happening by accident. And one cannot deny the corporate lobby's influence (nee, authorship) of both the healthcare and financial "reform" legislation.

USGovernment as pimp/police/mercenary for international corporate interests. Reality today isn't too far from that, imo.


Tue, 07/13/2010 - 11:02 | 466231 Tarheel
Tarheel's picture

Well Zuckerman, welcome back to reality. This is what happens when you give backing to a candidate you know nothing about.

Tue, 07/13/2010 - 11:16 | 466259 Cognitive Dissonance
Cognitive Dissonance's picture

I firmly believe that many financially well off people are just as naive (if not more so because they are sheltered from many of life's bumps) as the average Joe. Meaning that they are spun and propagandized just as effectively as the average person.

In some cases, it's actually more effective because for the well off, political decisions don't have as dramatic an effect on their day to day lifestyle as the walking wounded middle class. And life seems to work better for them because money opens many closed doors very quickly. For the financial elite who depend upon a functioning governmental, economic and social class system to maintain their wealth, their propensity to believe the hype is often greater because they must believe it.

I talked about this (as well as many other things) extensively in my "Welcome to the Insane Asylum" series.


Tue, 07/13/2010 - 11:23 | 466276 Implicit simplicit
Implicit simplicit's picture

And a good series it was CD. Thanks

Tue, 07/13/2010 - 11:54 | 466356 Yardfarmer
Yardfarmer's picture

and yet into the dustbin of history it goes with many far more worthy efforts. just sayin'

Tue, 07/13/2010 - 12:09 | 466394 Cognitive Dissonance
Cognitive Dissonance's picture

I am comforted knowing your words join mine in the dustbin of history. Just sayin'

Tue, 07/13/2010 - 12:12 | 466407 DoChenRollingBearing
DoChenRollingBearing's picture

CD, you should be comforted that your words will last longer than many think.  Just sayin'

Tue, 07/13/2010 - 12:48 | 466503 B9K9
B9K9's picture

you know nothing about.

I can't take it any longer. I'm am going to steal from Goodwin and promulgate B9K9's law:

As a (financial) online discussion grows longer, the probability of a suggestion involving the power-elite's (presumed) lack of knowledge or awareness approaches 1.

Feel free to edit/improve for spareness, clarity, etc. Perhaps it could be embraced as a ZH sub-header.

Zuckerman didn't know anything about Hussein? This entire thread is bringing incredulity to new, previously unmatched heights. Hello - my wife has friends in HI who were classmates of Barry Soetoro (as he was then known) @ Punahou.

The guy is/was a complete slacker - just like tens of millions of others who eventually (may) get their shit together and assemble something resembling a middle-class life. But a moon shot to the presidency? Yeah, right.

Look, I've mentioned my pop was a high-level MiC intelligence dude. They've got the goods on this guy; the only reason they're not being revealed is because it suits their purposes. That is, continued budgetary financing of their respective departments allows them to continue living their version of the "American dream".

So too the military - there's a reason they're not enforcing the enemies foreign & domestic pledge each and every one of them took to protect the nation. It all works just fine as long as it works. When it doesn't, look for the long-knives to come out.

Tue, 07/13/2010 - 13:14 | 466572 Cognitive Dissonance
Cognitive Dissonance's picture

"Look, I've mentioned my pop was a high-level MiC intelligence dude. They've got the goods on this guy; the only reason they're not being revealed is because it suits their purposes. That is, continued budgetary financing of their respective departments allows them to continue living their version of the "American dream"."

Everyone has conflicts of interest with their conflicts of interest. It's one big circle jerk with hands washing hands behind backs. There are circles within circles within circles and as long as the gravy train is moving, no one is going to upset the apple cart.

Did I cover enough silly phrases?

This is why moral courage is lacking in America as well as the rest of the world. Moral courage doesn't pay. As long as people are compensated to avoid pushing against the paymaster's pay wagon, there will be no revolt. The system has passed through corrupt and moved into insanity. We are all insane folks. And the only reason we can't recognize that we are insane is because we are all insane.

Tue, 07/13/2010 - 13:45 | 466653 Escapeclaws
Escapeclaws's picture

CD, I think life in America makes you insane. The people are completely isolated from the rest of the world. It's like you're trapped in a bubble from which you can't escape. Everything becomes self-referential and involuted. I mean no disrespect. Americans are also fine people, generous to a fault, as even de Tocqueville remarked. I suspect Australians are crazy too, although young Australian's have to be among the most well-travelled people in the world, so perhaps I'm wrong, never having visited there. I take a systems point of view. When things start to go wrong in a hermetically sealed environment, people go to extremes and become crazy--a real pity in light of the many fine qualities of Americans who really showed the world that ordinary people can dream big. We seem to be reneging on our own greatest strength at this point. It's time to clean the Augean stable of corruption that is dragging this country down. We also need to humanize our way of life, emphasizing values over cold calculation. I hope it's not too late.

Tue, 07/13/2010 - 14:26 | 466779 Cognitive Dissonance
Cognitive Dissonance's picture

So other than the Americans and possibly the Australians, the rest of the world is sane? Or are you just pointing out the extraordinary insanity of Americans and possibly Australians?

My 5 part essay was never intended to speak only for Americans, only that it was written by myself and thus carried an American point of view. I won't speak for other nationalities, though the parallels between the USA brand of insanity and the rest of the world are very strong. Any nation that gets in economic or cultural bed with the US becomes insane or already is insane.

Are you American? Because you use the third person point of view but later you use "we"?

Tue, 07/13/2010 - 16:24 | 467098 JR
JR's picture

At last, B9K9, it has been said. Thank you.

It’s been almost fifty years since the Kennedy assassination and even now more new information about the tragedy continues to come out. The latest book by a 25-year veteran of FBI field work,--To Kill a President: Finally – an Ex-FBI Agent Rips Aside the Veil of Secrecy that Killed JFK by M. Wesley Swearingen--shows the involvement of the FBI. To believe that the Power Elite and the Oligarchs who operate the levers of the country do not have all the information and all the pressure they need on every president and key congressional committee chairman, including their family members, is to be naïve concerning our current political system. 

And to believe that they will not use the information that they have is truly simple.

Here’s one example:

The American Anti-Defamation League under Abe Foxman has long made it a practice for decades to tail all Congressmen – liberal or conservative—as was brought out in allegations in the San Francisco trial of its head operative Roy Bullock on charges of buying blackmail information from members of the San Francisco Police Department as reported by the San Francisco Examiner. Bullock had collected information and provided it to the ADL as a secretly-paid contractor for more than 32 years.

Can it be that there’s a connection between data of this kind and the unbelievable unification of almost every congressman behind every Israeli position?

Tue, 07/13/2010 - 14:42 | 466829 DosZap
DosZap's picture


Yes, with less experience than just about ANY other pick.( and folks ranted about Palins lack of experience?.........hell he was nothing but a rabid left wing idiolouge, and a Community Organizer, read ( infiltrate and raise hell).

Voted absent most of the time, or NO, on any legislation that was the least bit conservative..........yet is the first to scream the GOP DOES nothing............hell, how could they?,he has the whole enchilada.

They screwed up, for resting on their fat asse's for 8yrs, and allowing a NO NAME radical prick to take the Peoples House, and lose the majorities in BOTH the  friggin Senate, and House.

A staunch Racist,a member of a Black Liberation Theology Church for 20yrs, (yet never heard anything negative, or racist).


Tue, 07/13/2010 - 11:03 | 466235 Boilermaker
Boilermaker's picture

Why is he blasting Obama?

BXP would be bankrupt by now without him.  Look at their valuation (along with VNO, SPG, GGP, etc).

Why is this guy biting the hand that jerks him?

Tue, 07/13/2010 - 11:14 | 466258 hungrydweller
hungrydweller's picture

"...fed up with the necessary but ill-conceived stimulus program,..."

Poor Mort - he is upset that he didn't get his fair share of the porkulus money.  Now he is throwing a WSJ tantrum.

Tue, 07/13/2010 - 11:22 | 466271 Implicit simplicit
Implicit simplicit's picture

He knows the shatner hits the fan even in RE stock prices soon.

Tue, 07/13/2010 - 20:12 | 467531 Jendrzejczyk
Jendrzejczyk's picture

"Shatner" is funnier every time.

Tue, 07/13/2010 - 11:36 | 466308 tortola trader
tortola trader's picture

Point well taken. Mort is feeling peeved as he realizes debt junkies like him are about to get smoked....maybe he's finally realized his 'man" Obama is mere the personification of the "grim reaper" ready to take away that with the debt binge has given. Sorry Mort, maybe you weren't so smart after all......

Tue, 07/13/2010 - 11:46 | 466335 Boilermaker
Boilermaker's picture

Mort won't get smoked at all.  The shareholders of BXP will.  That's the game.

Now, ironically, IYR is back to $50 today and soaring to the moon (along with BXP).

Tue, 07/13/2010 - 12:24 | 466438 Steaming_Wookie_Doo
Steaming_Wookie_Doo's picture

Like a used kleenex or a bimbo picked up in Vegas, you gotta know when to chuck 'em when their usefulness is over.

Tue, 07/13/2010 - 11:05 | 466237 NOTW777
NOTW777's picture

another business "leader" who was at the front of the hope and change koolaid line and now realizes (too late) the huge mistake.  all these CEOs and so-called business people who cheered on the nonsense will now be humbled

Tue, 07/13/2010 - 11:34 | 466303 GIANTKILR
GIANTKILR's picture

I think a lot of these so called business leaders got where they are by dumb luck and not intelligence.

Tue, 07/13/2010 - 12:17 | 466415 SteveNYC
SteveNYC's picture

Dude, you forgot crime and fraud. Get a grip! :)

Tue, 07/13/2010 - 14:52 | 466864 Ripped Chunk
Ripped Chunk's picture

And a will to do whatever it took to get to the top. Regardless of law or morality. Anything it took. Most people don't work that way.

Tue, 07/13/2010 - 12:10 | 466397 nmewn
nmewn's picture

I always marveled at the use of the word "change" as a campaign slogan. I think Carter did the same.

Change can be good or bad. It is directionless nonsense, without saying change to what. Now we know.

And "hope". Hope for what? Hope implies no action, just good expectations. There is no plan in hope.

And "Yes We Can". Another vaccuous slogan plagerized from a cartoon character named Bob the Builder...LOL. Well, the laughs on us.

No vetting needed for the American Idol crowd. Hey, he looks good, speaks well, clean and articulate.

I'm completely bald now from pulling my hair out for two years ;-)

Tue, 07/13/2010 - 13:56 | 466679 WeeWilly
WeeWilly's picture

+1 nmewn. Just when you think it can't get any worse it somehow does...

Tue, 07/13/2010 - 14:20 | 466721 Tearsinrain
Tearsinrain's picture

This is appropriate to the spirit of the times & the beings we are dealing with whether it's Carter, Obama, or the really smart CEO below.

Back in 2007, eBay CEO John Donohoe said: "We had to create a vision of
the future so people could let go of a very successful past." If the
current customer dissatisfaction is any indication, management has
performed admirably.

---We had to create a vision of the future so people could let go of a very successful past. Astounding.

Tue, 07/13/2010 - 14:48 | 466850 ConfederateH
ConfederateH's picture

I agree, Americans live in a bubble in so many ways.  I usually cannot begin to understand the daily contradictions and fallacies that they manage to keep straight.  Zuckermann also lives in this bubble.

Tue, 07/13/2010 - 17:56 | 467312 ToNYC
ToNYC's picture

You got it, nmewn. Words just happen to mean something when the 'working' ones stick to the wall. Exactly what they really mean is not the issue..mostly signs to turn off critical thinking and pull the lever. Smarter monkeys drill through these empty chestnuts, pay no attention to the new buzz words and plant more vegetables.

Tue, 07/13/2010 - 11:07 | 466241 Cognitive Dissonance
Cognitive Dissonance's picture

If the leadership fumbles the financial elite, they lose......period. Once the power base turns against the political class, that's a sign that there are deep fissures breaking open.

While I have no illusions about (political, economic, social, whatever) change coming it will be interesting to see how and where the cockroaches scurry now that the refrigerator light is beginning to shine bright.

Tue, 07/13/2010 - 12:11 | 466404 trav7777
trav7777's picture might want to review Putin, Hitler, Chavez.

The financial elite can pound sand as long as the political class gives orders and the military executes.  Coups don't come from bankers, they come from the military, who generally turn right around and slaughter every financier class plutocrat they can find.

The financial class must be vigilant to not overplay their hands.  This has been a recurring error on their part thoughout history, thinking that their stupid fucking confetti means a damned thing or that their accounting ledgers move things.

Tue, 07/13/2010 - 12:42 | 466424 Cognitive Dissonance
Cognitive Dissonance's picture

You're taking my statement way beyond where I ended. I was talking about current leadership. You seem to be talking about revolution. Or the lack of revolution.

Tue, 07/13/2010 - 13:58 | 466686 trav7777
trav7777's picture

oh ok lol

Tue, 07/13/2010 - 12:45 | 466481 Bent Nail
Bent Nail's picture

Hi, 3rd time commenter here. I respectfully disagree with your assesment of where coups come from and their results.

Coups are often (perhaps the majority?) instigated by multi-national corporations and central banks (the IMF in particular). There are the exceptions, Castro for example, but the planet is ripe with corporate installed despots. Read Confessions of an Economic Hit Man by John Perkins for an eye opener.

Tue, 07/13/2010 - 14:48 | 466852 DosZap
DosZap's picture


WE have a different Military than those folks do/did.The next Coup here will be at the ballot box, and if that doesn't fly, it will be the citizens..............performing the Coup.

Tue, 07/13/2010 - 12:47 | 466500 hbjork1
hbjork1's picture

Yes, we are "blessed" by the opportunity to live in "interesting" times. 

We have this great sense that we are in difficult times but realistic looking back one or two centuries we live in relatively comfortable times.  We talk a lot about the baby boomers but they are simply a product of their times.

It is a fact that we are stresses early in life.  We all only know from experience the world as it was when we came into it.  "Hello World." "I am here."  Our parents disipline and establish our early perceptions but we have to adapt and learn to get along in the real world we find around us. 

And have But by stages,as or even during the 30's, before mechanised methods for farming, construction, mining  and other energy consumptive methods of production of basic materials had been developed, life for even the poorer end of todays population is more comfortable that the lower middle class of a couple hundred years ago.  Reportedly our national health problem is obesity, not hungar.  TB, that my grandmother died of at age 28, and a neighbor at 51, is now history.  Polo, Roosevelts crippling ailment is history.  And the current work at the molecular level promises life extensions beyond the imagination of many folks still living. 

The trend toward "sustainability" in out use of the environment is underway.  OK, we are running out of new earth resources  to exploit but that just means we must expect less and enjoy what we have more. 

A little anger can be good.  It gets the brain going and creates a desire for action. 

IMO, there is nothing going on that a firewall between derivatives trading and banking wouldn't solve.  There is no reason why the taxpayer should pay to support the risk taking within the big casino.  Let it go offshore to the Bahamas, or wherever.  In the long run it will be a zero sum game. 


Tue, 07/13/2010 - 14:15 | 466728 Bam_Man
Bam_Man's picture

Polo, Roosevelts crippling ailment is history. 

Yes, I too prefer the European men's fragrances such as Hermes.

Tue, 07/13/2010 - 19:41 | 467503 Problem Is
Problem Is's picture

" where the cockroaches scurry now that the refrigerator light is beginning to shine bright."

I saw Dodd scurrying just the other day...

Tue, 07/13/2010 - 11:06 | 466242 ArrestBobRubin
ArrestBobRubin's picture

To confirm what has long been suspected about what BP actually stands for:

Barack's Pimp

Also works when his real name is used...

Tue, 07/13/2010 - 11:07 | 466243 NOTW777
NOTW777's picture

LOL he speaks of "spells" and magic.  no excuse, mort.

Tue, 07/13/2010 - 11:08 | 466245 Headbanger
Headbanger's picture

Translation: "I'm covering my butt big time before the Repubs gain control again in November!"

Tue, 07/13/2010 - 11:08 | 466249 Milestones
Milestones's picture

I think he nailed just about eveything. I would add his actions or lack thereof(think Arizona border) has only amplified the absolute distrust of all government, not just the Feds. Milestones

Tue, 07/13/2010 - 11:09 | 466251 jkruffin
jkruffin's picture


Second step, get rid of Bernancompoop and Tax Evader Geithner.

Third step, $5 trillion QE to the people,  $32,500 per taxpayer to get out of debt and free up disposible income. If you are on welfare with no job and have been for more than 2yrs, this does not apply to you, as you have already been leeching the system for years.

Fourth step,  have the Taliban blow up Wall St.  This might be the first step though.


Problems solved!

Tue, 07/13/2010 - 11:18 | 466264 deadparrot
deadparrot's picture

Don't just vote out incumbents. Vote in independents. Voting Dem or GOP just perpetuates the system. I dream of a legislature who neither knows nor wants to know a single lobbyist.

Tue, 07/13/2010 - 13:32 | 466516 ejmoosa
ejmoosa's picture

I just wrote my Senator telling him that is what I will be doing. 


Any incumbent has more than had their chance to "right" this sinking ship.  If after 6 years you have not made a difference, why should we waste another six on you?


Tue, 07/13/2010 - 11:50 | 466347 svendthrift
svendthrift's picture

The faith in democracy is extremely naive. Any candidate with any chance of winning has been vetted by the Owners.

Tue, 07/13/2010 - 12:44 | 466487 tpberg7
tpberg7's picture

Excellent point Sven!  We await the arrival of an authentic stationary bandit who will eliminate the kleptocratic subculture overnight.  Leadership of this type does not come through the election process.  

Tue, 07/13/2010 - 12:54 | 466513 Ripped Chunk
Ripped Chunk's picture

Indeed. Voting out the incumbents just increases the velocity of the "musical chair" game.  But right now it is one of the only things that can be done besides paying down debt and taking your money and investments out of the TBTF's

The "new style" candidates that will appeal to the electorate are vetted by the owners as well. In theory there should be a number of one term only candidates elected over the next 3 or 4 general election cycles. It will create a "nothing gets done" environment but really all that gets done now is increasing the size and uselessness of government. Hopefully a new type of leader with emerge in this 8 to ten year cycle.

The game is rigged and well controlled by the owners. All one can do it try to create some chaos.



Tue, 07/13/2010 - 14:06 | 466710 trav7777
trav7777's picture

ANY candidate who is out of the control will be exposed as a racist.

Just like Ron Paul.  The machine springs to life with its worst label, worse than being a child molestor.

In fact, conquering racism was the most monumental challenge that ever faced mankind.  I hear all the time it's THAT important.  Bigger than the moon landing.  Bigger than the Black Plague.  Bigger than the preCambrian dieoff.

Tue, 07/13/2010 - 14:21 | 466755 faustian bargain
faustian bargain's picture

Dude. It's "Plague of Color". Get with the program.

Tue, 07/13/2010 - 20:38 | 467553 WaterWings
WaterWings's picture

Labeled and marginalized, not "exposed".

Tue, 07/13/2010 - 21:40 | 467610 svendthrift
svendthrift's picture

I agree with trav777 about the use of 'racism' to marginalize dissent.

For fear of sounding like a hippie.. I love my African American brothers and sisters. My people came here. They were brought here. They are as much a part of the fabric of America as my white ass.

I am extraordinarily pissed off about the Zionist control of foreign policy and finance. Blacks should be irate to tears. Whites are a plaything, blacks are a pinata.

Wed, 07/14/2010 - 04:19 | 467749 mannfm11
mannfm11's picture

Anybody that didn't vote for Obama, his supporters said were racists.  Anyone that did has been proven a fool. 

Tue, 07/13/2010 - 14:10 | 466716 megatoxic
megatoxic's picture

Absolutely correct.

Just look at that sellout Piece of Shit Scott Brown from Mass.

He almost makes me wish Ted Kennedy hadn't died. 


Tue, 07/13/2010 - 15:27 | 466951 New_Meat
New_Meat's picture

Megat--Choice was between Scott and Marsha Cokley.  We'll settle for half-loaf vs. mindless moonbat.  He's less RINO than Snow and Collins.

- Ned

Tue, 07/13/2010 - 18:38 | 467416 Ripped Chunk
Ripped Chunk's picture

But he is so handsome...........

Tue, 07/13/2010 - 15:02 | 466881 DosZap
DosZap's picture


What we need are Constitutional Republic belevers.........

Not a Democracy..........but a Republican FORM of it.

MAJOR differences.

A Democracy, is MOBOCRACY.


Tue, 07/13/2010 - 15:29 | 466959 New_Meat
New_Meat's picture

Dos-Democracy is two wolves and a little piglet sitting around the table discussing what to have for dinner.

- Ned

Tue, 07/13/2010 - 18:01 | 467328 ToNYC
ToNYC's picture

Tax the financial engineers who stole without clawbacks and payoff those student loans they kiddy-porned the generation born in the 80s and nineties into denying them bankruptcy option. WTF were they thinking and stinking, turning children into debt-slaves so they could enjoy the god life.

Tue, 07/13/2010 - 21:36 | 467607 svendthrift
svendthrift's picture

The use of education to create debt-slaves is unimaginably immoral. Dreams and opportunity replaced with decades of interest payments.

There is no limit to what the Owners will do for interest.

Watch part 1 & 2 (especially the last quarter of part 2).

Tue, 07/13/2010 - 18:01 | 467329 ToNYC
ToNYC's picture

Tax the financial engineers who stole without clawbacks and payoff those student loans they kiddy-porned the generation born in the 80s and nineties into denying them bankruptcy option. WTF were they thinking and stinking, turning children into debt-slaves so they could enjoy the good life.

Tue, 07/13/2010 - 11:09 | 466253 Segestan
Segestan's picture

Typical liberal propaganda.... leaving out the fact Obama and the Dems won't listen to the people. The Illegals pooring into the nation and racial differences Obama feeds on. If there is one Hope and Change Obama accomplishes I Hope it's defeat the Liberal BS.

Tue, 07/13/2010 - 15:08 | 466898 DosZap
DosZap's picture


The longer I am here, the more Anti Semites I see, and either people who agree w/ Obama's policies, or a Liberals themselves.

He has DONE exactly what HE wants, and the Majority of Americans, can go straight to hell as far as he's concerned.

He treats this countries citizens with a disdain I have never witnessed by a POTUS.............

And we hear the same tired old mantra's given in speeches over and over.

No answers, just Bullshit.

One thing, DO not count on him to get rid of any LIBERAL BS...that's his diet.

Tue, 07/13/2010 - 15:31 | 466966 Segestan
Segestan's picture

Of course you are correct.... but I was implying that his agenda,  will aid the defeat of the Liberals BS...being as it is the liberal view that has promoted the policies that have bankrupted America and even the whole Western world,  I don't believe for a minute Obama and his cohorts would willingly chose to see their power base lose , but they will on thier own accord fall. As for the Anti-Semite issue , well to me Jews can concern themselves with that, they have as a tribe caused there own reputation. I don't care one way or the other, I'm not Jewish, thats a personal tribal Jewish problem. To me if a policy does not aid the American way of life, than that policy is un-American. Israel as a sovereign nation, if indenpendent of America,  and whatever it's Jewish future may be,  well that is a Jewish issue,  not mine nor an American problem.

Tue, 07/13/2010 - 16:21 | 467092 Cathartes Aura
Cathartes Aura's picture

so quaint, that after all these weeks here at ZeroHedge, you still cling to your fairy tale of "Obama's free will". . .

He has DONE exactly what HE wants

be sure to keep voting, it's the last meme you have in the toybox.

Tue, 07/13/2010 - 11:22 | 466254 PlausibleDenial
PlausibleDenial's picture

Somewhat O/T, but in terms of the Obama's adminstration, I recieved a forwarded email yesterday indicating that an Islamic Mosque is being erected at Ground Zero in NYC.  I have checked Snopes finding no mention of it.  Does anyone have info.  If so, please post as this pisses me off.

Here is the article:

Tue, 07/13/2010 - 11:55 | 466357 nmewn
nmewn's picture

The mosque is called Cordoba. Cordoba was the capitol of a Caliphate directed from Damascus after the muslims invaded Spain (the Moors).

They have declared a victory and are building a mosque...same as it ever was.




Tue, 07/13/2010 - 12:13 | 466408 Citizen of an I...
Citizen of an IKEA World's picture


It was the Moops.

The Moops.

Do NOT follow this link or you will be banned from the site!