The Latest News On The United States Of Welfare And Hand Outs

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Mon, 12/06/2010 - 20:09 | 784010 David99
David99's picture
Both Obama & Ben can't be trusted for any thing. They both pledge & speak something and do the opposite.
Better admit them in the nearest mental hospital.
Americans, your future is sooooooooo bright"
Mon, 12/06/2010 - 20:46 | 784128 caconhma
caconhma's picture

The American leadership, regardless of political parties, is totally intellectually bankrupt.

These fking idiots seriously think that, by manipulating a tax structure and printing more and more fiat money, they will be capable of miraculously reviving America's might and prosperity. WOW!

The Rubicon has been crossed. The American Empire supported by its British bulldog are in a fking retreat. The only savor America can hope for is another Pinochet or Franco but it is not a very high probability event.

Mon, 12/06/2010 - 20:57 | 784147 mikla
mikla's picture

Yes, the Rubicon was waaaaaay back there.

IMHO, there's no "saving" it.  We merely hope-and-pray for a good result from the restructuring that is imminent, post-sovereign US default.  Of course, that depends a *lot* on the dynamics and premise surrounding the re-establishment of a Federal Government after previous Federal collapse.

They both pledge & speak something and do the opposite.

True.  It is only frustrating if you thought those would be consistent (what is said, and what is done).

In contrast, literally, Ben's job (and most politician's job), is to lie:  To say things (convincingly) that they know to not be true.

In this case, Ben is the illusionist performing operations with one hand while distracting with the other.  Ben will be less effective if people actually understand what he is intending to do.  Literally, his job is to lie-and-distract (easily demonstrable even from the mere Ben Congressional Testimony).

And, for the politician, it's simpler:  Say one thing (to make some happy), and do the other (to make a different group happy), so the politician can rationalize to all voters that he's "for them".  Since most politicians don't know which group will shout the loudest, it is best to have "backup plans" for all groups.

Tue, 12/07/2010 - 03:57 | 784837 AnAnonymous
AnAnonymous's picture

These fking idiots seriously think that, by manipulating a tax structure and printing more and more fiat money, they will be capable of miraculously reviving America's might and prosperity. WOW!


Prosperity is limited by the environment so you have a point there. But definitively, it is a statement of might.

It is tough times around the world and the US citizens are voting themselves tax relief, with the known debt issue they are in.

In a nutshell, US citizens are sacrifying people all over the world to maintain their standard of life. How is it not  a statement of might?

Even better, they will keep affording the luxury of denying that they succeed through extortion of the weak and farming of the poor. Notice the difference between nobles of past times who assumed their actions as they acted the same, fleecing people under them in times of dureness to keep their standard of life. But nobles in old times admitted they were in this kind of business. The US, no. The US is saving the world.

Check for the new math in here: an economic recession /depression, tax holidays, tax cuts will mean more US hard earned tax money sent all around the world to bail out people everywhere. A mantra in here.

Mon, 12/06/2010 - 21:03 | 784185 Phineas Gage
Phineas Gage's picture

I suggest that you research (or experience) the concepts of pot-committed or all-in in poker.  Do you really believe that it ended before today, or that it will end after?  If you've committed more than $3TT, why note more?  Then why note more after?

The only way it ends is through a true limiting factor, some real constraint - no chips, currency crisis, hyperinflation...

Mon, 12/06/2010 - 23:52 | 784578 Cdad
Cdad's picture

Simple...eventually the owners of the money that you are pissing away show up and rectify the sitaution.

You don't read much ZH, do you? 

Mon, 12/06/2010 - 23:24 | 784530 Al Gorerhythm
Al Gorerhythm's picture

Both Ben and Barry are confident that there is only good times ahead and that congress will do the right thing. Seppuku?

Mon, 12/06/2010 - 20:09 | 784012 max2205
max2205's picture

Food stamps EUI and blow job stamps bitcheeeez

Mon, 12/06/2010 - 20:15 | 784031 knukles
knukles's picture

Dudes, like that is soooooo offensive, that comment about blow jobs.  Like, what is this a socialist nanny state, like I can't choose anymore?  Like Everett Dickson once said; " A blow job here and a blow job there and pretty soon you'll think you're a fucking Senator." 

Tue, 12/07/2010 - 05:28 | 784888 StychoKiller
StychoKiller's picture

We just hope that the prostituting administration will finally float the one proposal we have all been waiting for: free blow jobs for everyone in perpetuity, funded by the Federal Reserve's monetization of the Sinking Hooker fund.

Kick in some Peruvian marching powder and some quality smoke -- we got a deal! </sarc>

Tue, 12/07/2010 - 08:38 | 784978 hardcleareye
hardcleareye's picture

So if this is a socialist nanny state,  I suppose the Dem's will be in charge of this program, which means our BJ suppliers must be regulated, tested, trained and certified as safe for the public.  But suppose the GOP get this program, then surely it will be privatized (don't call me Shirley!), and then turned over to the GOP's family value department!  So we will have two choices socialized or privatized BJ's, and choice is what it is all about!

Mon, 12/06/2010 - 20:16 | 784035 scatterbrains
scatterbrains's picture

speaking of food and blow jobs, I kinda had the same expieriance today when Apmex delivered a big tin on Holiday popcorn on the same day Mr. Silver slipped JPM some dick.

Thanks Apmex


Mon, 12/06/2010 - 22:06 | 784369 Miss Expectations
Miss Expectations's picture

Me, too.  The caramel is really good. 

Thanks Apmex.

Mon, 12/06/2010 - 20:20 | 784049 Shameful
Shameful's picture

Blow job stamps...hmmm a way to help energize a failing Nevada?

Reed going to work for his state "Come to Henderson NV! Get some head!"

Hmm seem to remember a bit about this

Mon, 12/06/2010 - 20:29 | 784079 Rainman
Rainman's picture

.....actually, you want to go to Parumph, 50 mile sw of Vegas, where it's all legal. Not that I know, I just heard about it from a friend of a friend.....

Mon, 12/06/2010 - 20:57 | 784160 Amish Hacker
Amish Hacker's picture

Right, Rainman. Bambi says hello.

Mon, 12/06/2010 - 22:41 | 784450 Jack Burns
Jack Burns's picture

Well, politicians are known for paying lip service.

Mon, 12/06/2010 - 23:33 | 784550 goldfish1
goldfish1's picture

Oh does one get laid off?

Mon, 12/06/2010 - 20:10 | 784015 Apart from Reality
Apart from Reality's picture

As they will probably default on the Debt anyway they may as well take some more money off the rubes before the biggest Ponzi Scheme of all time finally collapses.

Mon, 12/06/2010 - 20:10 | 784016 max2205
max2205's picture

Food stamps EUI and blow job stamps bitcheeeez

Mon, 12/06/2010 - 20:11 | 784019 Caviar Emptor
Caviar Emptor's picture

So much for GOP austerity. Guess we'll spend our way back to prosperity :) That's a plan! Gold to da moon!

Mon, 12/06/2010 - 20:21 | 784055 nmewn
nmewn's picture

111th. Congress...still.

Mon, 12/06/2010 - 20:26 | 784069 Caviar Emptor
Caviar Emptor's picture

Ya but deals were cut with Boehner

Mon, 12/06/2010 - 20:32 | 784092 nmewn
nmewn's picture

Never...ever...use the words "cut" & "Boehner" in the same sentence.

It causes significant shrinkage ;-)

Mon, 12/06/2010 - 21:03 | 784184 Cheesy Bastard
Cheesy Bastard's picture

Lol.  Lorena Bobbitt!  Ouch!

Mon, 12/06/2010 - 20:11 | 784023 Crisismode
Crisismode's picture

And in lieu of BJs . . . 

 . . .  what do the women get?

Mon, 12/06/2010 - 20:14 | 784028 Hey Assholes
Hey Assholes's picture


Mon, 12/06/2010 - 20:20 | 784053 nmewn
nmewn's picture

Whatever you want's on the house.

And some of us still have moustaches ;-)

Mon, 12/06/2010 - 22:08 | 784373 ColonelCooper
ColonelCooper's picture

Quote stolen from a comedian who I cannot remember the name:

I'm Italian.  When go down to eat, I plan to be there long enough I bring a bottle of wine, a loaf of bread and a big napkin.

Tue, 12/07/2010 - 08:03 | 784940 nmewn
nmewn's picture

Speaking of gorging oneself ;-)

Silver is doing a moonshot...they can't cover fast enough...ROTFLMAO!!!

Tue, 12/07/2010 - 08:43 | 784980 hardcleareye
hardcleareye's picture

Whoo baby..... this man is offering free moustache rides!!!!

Mon, 12/06/2010 - 21:04 | 784187 Cheesy Bastard
Cheesy Bastard's picture

You get a nice discussion with a cunning linguist.

Tue, 12/07/2010 - 00:53 | 784685 FatFingered
FatFingered's picture

New Fridges.

Tue, 12/07/2010 - 00:53 | 784687 FatFingered
FatFingered's picture

Or possibly new ranges.

Tue, 12/07/2010 - 08:45 | 784985 hardcleareye
hardcleareye's picture

You boys are seriously lacking in imagination!!

Mon, 12/06/2010 - 20:12 | 784025 Kaiser Sousa
Kaiser Sousa's picture

insane isnt watch what happens to Gold & Silver n London and heading into NY...

if they arent attacked on news of more debt coupons created out of nothingess n order to fund this bullshit i will b shocked......


Mon, 12/06/2010 - 20:14 | 784027 Clint Liquor
Clint Liquor's picture

The Captain of the Titanic orders the band to play louder as his ship sinks.

Mon, 12/06/2010 - 20:53 | 784146 CH1
CH1's picture

Well said.

Mon, 12/06/2010 - 20:15 | 784030 Shameful
Shameful's picture

13 more months? So that's what around 3 years unemployment. Yeah that austerity is really going to crack down on us. They are just going to run the printing/ponzi engine till it hits critical mass and goes nuclear.

Wander if the Chinese response was to throw whatever was handy at their tvs on the announcement.

Mon, 12/06/2010 - 20:19 | 784040 knukles
knukles's picture

Oh yeah. 
That game; Chopstick, toxic sludge ball, TV. 

Hoo-laa!  Chopstlik blake TeeBee.  Hee he.

Mon, 12/06/2010 - 20:19 | 784052 karzai_luver
karzai_luver's picture

Chicoms are happy to see this, they need something to buy and someone to sell to.

Once the time comes they call in a few trillion and own it all.

They have got to luv this,I would.

Mon, 12/06/2010 - 21:03 | 784186 BlackSea
BlackSea's picture

A few trillion in notes and bills in devalued dollars???

Even the Tips should be crap since they don't account for energy or food prices.

They can call those all day, they'll be stuck with paper. But then again, the chinese should know a thing or two about paper money since they had about 20 paper inflations through their 2000 years of history of paper money.

Mon, 12/06/2010 - 21:16 | 784226 karzai_luver
karzai_luver's picture

Blackie- you forget the banksters- they will enforce their paper - how can you think otherwise.
When the time comes the U.S. via the IMF or some other
world organ will pay up in SDR or some other oily-bucks.


Mon, 12/06/2010 - 20:20 | 784054 bob_dabolina
bob_dabolina's picture

Yea and with all the money the FED is "digitalizing" those on EU are going to get hammered with 100+ oil and $10 happy meals.

Whatever. Slaves be slaves bitchez.

Mon, 12/06/2010 - 20:23 | 784061 Caviar Emptor
Caviar Emptor's picture

Lovin' this brand of austerity. Guess the idea is to have the fewest people possible working in the US for maximum 'productivity'. Make capital pay way more than labor, feed animal spirits, and hope the last bagholder will be some poor schmuck from overseas invested in US paper.

Mon, 12/06/2010 - 21:06 | 784194 TheGoodDoctor
TheGoodDoctor's picture

No, they are extending the existing benefits for 13 months. Nothing new as far as I know.

Mon, 12/06/2010 - 21:19 | 784231 karzai_luver
karzai_luver's picture

They are picking up those who have or are about to fall off the teat. That's NEW spending in my world.

Mon, 12/06/2010 - 21:37 | 784296 TheGoodDoctor
TheGoodDoctor's picture

It's still 99 weeks. I have not read anything beyond 99 weeks.

Mon, 12/06/2010 - 22:06 | 784368 malek
malek's picture

Have you taken your hopium?

Mon, 12/06/2010 - 23:19 | 784514 TheGoodDoctor
TheGoodDoctor's picture

No. My thought was people were upset by 99 weeks.

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