Obama Confirms Leadership Failure, Pulls Out Mother Of All Mutual Assured Nukes: "Raise Debt Ceiling Or Risk Global Recession"

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Fri, 04/15/2011 - 15:52 | 1173761 Pants McPants
Pants McPants's picture

Summer is too early for widespread riots in the US, IMO.

But agree re: immateriality of puppet master.  If I had my druthers I'd rather have Minka Kelly.

Fri, 04/15/2011 - 15:58 | 1173819 SheepDog-One
SheepDog-One's picture

Could happen any day far as Im concerned. 

Fri, 04/15/2011 - 16:52 | 1174070 Calmyourself
Calmyourself's picture

Some may wish it too, it will not for years, too much soma.

Fri, 04/15/2011 - 16:59 | 1174095 Spastica Rex
Spastica Rex's picture

If it gets real hot this summer and no HVAC... maybe.

Fri, 04/15/2011 - 16:53 | 1174084 chunkylover42
chunkylover42's picture

totally agree with having Minka Kelly.  Oh, you mean as president?  Yeah, I guess that's fine too, whatever.

Fri, 04/15/2011 - 17:59 | 1174402 Ident 7777 economy
Ident 7777 economy's picture

Summer is too early for widespread riots in the US, IMO.

- - - - - - - - - - - - - - - - - - - - - - - - - - - -

Pestilence and disease of biblical proportions; crop failures ... we're working on all that right now with some nice drought conditions down in Texas - look at the fires they've got!

Should crops fail for any reason: planting, growing or something prior to harvest - who we gonna call?

Goldman?

Fri, 04/15/2011 - 18:17 | 1174468 cossack55
cossack55's picture

You forgot the liberal dusting of the plants you do get in with a lovely mixture of cesium, strontium and plutonium.

Fri, 04/15/2011 - 18:47 | 1174579 serotonindumptruck
serotonindumptruck's picture

Michael Ruppert gives us until July, perhaps sooner.

http://www.shtfplan.com/emergency-preparedness/collapse-countdown-clock-...

OTOH, Ron Paul predicted a USD collapse by April of 2010, when he was interviewed by Glenn Beck in the Fall of '09.

Fri, 04/15/2011 - 16:41 | 1174027 WonderDawg
WonderDawg's picture

There's still a year and a half before the election, anything can happen. In early 2007, Hopey the Clown was barely on the radar, everyone in the world thought it would be Hillary. We've a long way to go, and many crisis to get there.

Fri, 04/15/2011 - 15:49 | 1173741 drink or die
drink or die's picture

Does it matter who replaces him?

 

Hint:  Ron Paul sure as hell won't win  (unfortunately, I might add).

Fri, 04/15/2011 - 15:52 | 1173766 redpill
redpill's picture

You're right, he won't.  Still I can't help but fantasize that he has some chance if shit gets crazy enough that people start actually listening to him.

Fri, 04/15/2011 - 15:57 | 1173795 drink or die
drink or die's picture

The people can't listen to him if he isn't put on TV.  Networks won't put him on for more than a sound bite.

Fri, 04/15/2011 - 16:07 | 1173869 Raynja
Raynja's picture

Wsj hasn't mentioned his name in months

Fri, 04/15/2011 - 18:55 | 1174597 serotonindumptruck
serotonindumptruck's picture

That's because he became irrelevant about 18 months ago.

Fri, 04/15/2011 - 23:22 | 1175224 Oh regional Indian
Oh regional Indian's picture

Actually he was irrelevant long before that. But he was given the Anti-fed strawman role and somehow the free market capitalists had their go to professor, who spoke their language. Of course, all he ever did was speak their language, but in these times, somehow that was enough for many. If he wanted to educate, I can think of far more effective ways to have done so.

What I fail to understand is that in a supposed free country, a sitting congressman (10 terms, more???) cannot outright demand and GET either a Fed cudit or a Knox audit? Whut? Why? Why is that not his single, daily demand? In the convoluted politics of the US though, anything is possible, or so I've come to learn.

Then, Paul-Son gets to be Tea Party Head man.... change this change that crap. Votes for Homeland Security extension... not a whimper from supposed libertarians who put him in office?

Please, America is such a huge lie and th epeople so blinded it is beyond funny.

Of course it is the same here in India, in Oz, in Thailand, in japan... everywhere.

Mouth to the system's teat makes fro weak or garbled protestations at best. Even then, the system can look down at you and say, thou dost protest too much.

ORI

http://aadivaahan.wordpress.com/2010/09/28/of-tipping-points-and-shape-shifting-redux/

Sat, 04/16/2011 - 01:36 | 1175377 palmereldritch
palmereldritch's picture

Then, Paul-Son gets to be Tea Party Head man.... change this change that crap. Votes for Homeland Security extension... not a whimper from supposed libertarians who put him in office?

 

I'm not clear ORI,  Is there a distinction that you are making between another DHS vote and the Patriot Act vote by Rand Paul (documented below) that you are inferring? Please clarify.

http://thehill.com/blogs/floor-action/senate/144309-senate-to-take-up-th...

Senate extends the Patriot Act for three months in 86-12 vote By Josiah Ryan - 02/15/11 06:42 PM ET
The bill is H.R. 514, which would let the government access business records, conduct roving wiretaps, and monitor individual terrorists until Dec. 8 of this year.

But Sen. Rand Paul (R-Ky.) argued that the bill could represent a violation of Americans' constitutional rights.


http://www.govtrack.us/congress/vote.xpd?vote=s2011-19

Senate Vote On Passage: H.R. 514: FISA Sunsets Extension Act of 2011 Number: Senate Vote #19 in 2011 [primary source: senate.gov] Date: Feb 15, 2011 6:08PM Result: Bill Passed Bill: H.R. 514: FISA Sunsets Extension Act of 2011 Kentucky

 

Yea

KY McConnell, Mitch [R]

 

Nay

KY

Paul, Rand [R]

 

Sat, 04/16/2011 - 04:25 | 1175476 faustian bargain
faustian bargain's picture

ouch. sounds like ORI's got some kind of axe to grind, damn the facts.

Sat, 04/16/2011 - 11:09 | 1175760 Oh regional Indian
Oh regional Indian's picture

Whoops. I'll take that back then. Was sure I had read that he voted for.

In fact, he spoke quite vehemently against it, apparently.

Thanks for that palmer.

ORI

Fri, 04/15/2011 - 16:46 | 1174034 Lets_Eat_Ben
Lets_Eat_Ben's picture

I can't say if Ron Paul will be elected, but I can say he has a better chance now than ever before. I can also say that you fucking nay-sayers make me tired. And I can finally say that if Donald gets elected im moving out!

Fri, 04/15/2011 - 15:54 | 1173792 Northeaster
Northeaster's picture

He's up in my neck of the woods tonight at St. Anslem speaking, thought about going, but the people that need to be there won't be.

Fri, 04/15/2011 - 16:41 | 1174017 AchtungAffen
AchtungAffen's picture

While Ron Paul is probably the best of the lot, I wouldn't count too much on him. Not because he probably won't get elected. But because if he does, it'll be hell. With him too. Don't forget RP is an ideologue. Most of the things I heard him say were very much through the lens of a die hard ideologue. The answer to most problems according to him is "less government". And while that might work in some cases, it won't work in all cases. And I bet those cases where it wouldn't work are those RP talks about.

Fri, 04/15/2011 - 16:48 | 1174050 Lets_Eat_Ben
Lets_Eat_Ben's picture

"The answer to most problems according to him is "less government"."

I'd say his most prevalent solution is follow the constitution, you know that thing that Bushy says is, "Just a goddamn piece of paper".

Sat, 04/16/2011 - 09:58 | 1175670 Max Cynical
Max Cynical's picture

"The report that Bush "screamed" those words at Republican congressional leaders in November 2005 is unsubstantiated, to put it charitably.


We judge that the odds that the report is accurate hover near zero. It comes from Capitol Hill Blue, a Web site that has a history of relying on phony sources, retracting stories and apologizing to its readers."

http://www.factcheck.org/2007/12/bush-the-constitution-a-goddamned-piece...

Fri, 04/15/2011 - 17:03 | 1174119 redpill
redpill's picture

I'm struggling to think of an instance where less government wouldn't help.  Do you have any examples?

Fri, 04/15/2011 - 19:07 | 1174640 serotonindumptruck
serotonindumptruck's picture

It's entirely possible that we have reached the point-of-no-return. It may be a political and financial case of entropy, where increasing input costs are resulting in exponentially decreasing returns.

Fri, 04/15/2011 - 23:45 | 1175269 Oh regional Indian
Oh regional Indian's picture

Indeed seratonin, it's called the negative velocity of money. Money makes the world go round, and in 2008, the world stopped and is now spinning the other way.

Most are too seratonnined out to notice. ;-)

ORI

Fri, 04/15/2011 - 21:48 | 1175014 Diogenes
Diogenes's picture

How about the repeal of Glass Steagal and the complete lack of regulation and law enforcement in the financial industry?

Sat, 04/16/2011 - 00:05 | 1175305 redpill
redpill's picture

Right, so no BS Wall Street shenigans took place before Glass Steagal?  We have plenty of regulations and government oversight organizations in place.  God knows Sarbanes-Oxley was a real fucking savior, right? 

It's not a problem of law, we have plenty of those.  It's a problem of corruption.  The regulators don't do their jobs because they are buddies with the people they are supposed to be regulating.  Most of them probably get promised cushy Wall St jobs after their government gig is done as long as they don't rock the boat.  Instead of selling the false premise that our government will protect us from criminals, we should instead tell people the government CAN'T effectively protect them from criminals and they should be CAREFUL who they give their money to. 

We've got everything from the FDIC and SEC shoved up everyone's ass so far it's amazing that any small time brokers are even left.  Meanwhile the big boys just hire a whole legion of lawyers for a compliance department that not only keeps them legal but finds ways around the regs and bribe the regulators.  You think more of the same is going to help?  Sounds like something the Bernank would say.

 

Sat, 04/16/2011 - 10:48 | 1175731 Diogenes
Diogenes's picture

You got it exactly. What we need is better enforcement of the law to clean out the crooks and make the financial markets an asset to the country and a place where ordinary people can invest their money without getting ripped off. The cure is more government not less. And I don't necessarily mean more laws and more people. If the people in power took their feet down off their desks and enforced the laws that are now on the books 90% of the scams would end overnight and if they had done their jobs in the first place the country would not be in the mess it is now.

In other words, more government not more laws and people.

Sat, 04/16/2011 - 11:24 | 1175791 redpill
redpill's picture

What's the definition of insanity?  Repeating the same thing over and over and expecting a different result?

Not only will what you suggest not work, but it will have the inverse effect, the more power and influence the government regulators have, the greater the incentive will be to bribe them.  The result is all the small time players get crushed, and all the big criminals get to continue business as normal.  THIS IS WHAT IS HAPPENING TODAY.  WAKE UP.

More government would only make it worse.

Fri, 04/15/2011 - 23:30 | 1175246 buzzard
buzzard's picture

We've tried government now and it didn't work. So how about us trying no govenment for a while and see how that works. It couldn't be any worse.

Sat, 04/16/2011 - 10:52 | 1175734 Diogenes
Diogenes's picture

Well right now you have big government for those who like big government, and no government for those with enough pull. How is it working so far>

Fri, 04/15/2011 - 16:29 | 1173952 Dadburnitpa
Dadburnitpa's picture

@Pants:

I'd love to see an unscripted, non-teleprompter, non-read ahead debate between Obama and the fat man from Jersey.

Fri, 04/15/2011 - 16:34 | 1173994 Weaseldog
Weaseldog's picture

Michelle Bachman will be our next president.

Fri, 04/15/2011 - 16:58 | 1174098 Agent P
Agent P's picture

Look me in the eyes and say that.

Fri, 04/15/2011 - 17:00 | 1174103 Votewithabullet
Votewithabullet's picture

piss....piss coming from my ass.

Fri, 04/15/2011 - 17:05 | 1174126 redpill
redpill's picture

A little humor for a Friday, I like it!

Fri, 04/15/2011 - 18:13 | 1174461 Confuchius
Confuchius's picture

His replacement is obvious:

Hillary!

 

osama or is it obama the Indonesian was caught fuckin' Sarkozy, so now the French socialisten want to outlaw prostitution!

 

 

Fri, 04/15/2011 - 19:57 | 1174751 Al Gorerhythm
Al Gorerhythm's picture

If Hillary was successful, we'd still be waiting to elect the first female president. Would Bill be First Lady?

Sat, 04/16/2011 - 10:39 | 1175715 nmewn
nmewn's picture

"His replacement is obvious:

Hillary!"

Excellent!...great qualifications!...carpetbagger, coat tail rider, perfected listening tours to a fine art, cattle futures trader extraordinaire, ex-first lady, ex-NY senator...a perfect resume'...LOL.

I wonder whatever happened to Norman Hsu? ;-) 

Fri, 04/15/2011 - 15:39 | 1173700 Debtless
Debtless's picture

This time when equities crash, everyone and their mothers will be shorting the piziss out of it so it'll be a good, deep and quick collapse. 

Fri, 04/15/2011 - 16:48 | 1174061 superman07
superman07's picture

China will step in with thier 3 trillion on the way down and say surprise round eye, All your stocks are belong to me.

Meet your new board of directors.

Fri, 04/15/2011 - 18:34 | 1174526 hambone
hambone's picture

+11

Sat, 04/16/2011 - 05:13 | 1175487 sethstorm
sethstorm's picture

Which will find themselves locked out, even with their Western faces.

Fri, 04/15/2011 - 15:41 | 1173706 MonsterZero
MonsterZero's picture

sign of leadership failure. It is a sign that the U.S. Government can’t pay its own bills. It is a sign that we now depend on ongoing financial assistance from foreign countries to finance our Government’s reckless fiscal policies.

 

You're missing the point, he was upset about foreign coutnries financing our debt, he did fix that....  Now we finance our own debt.

Fri, 04/15/2011 - 15:54 | 1173791 Magic Mamaliga
Magic Mamaliga's picture

+ QE ∞

Fri, 04/15/2011 - 16:47 | 1174043 get nothing and...
get nothing and like it's picture

To Infinity and Beyond! - Ben Lightyear stars in QE Story 3

Fri, 04/15/2011 - 15:42 | 1173708 Racer
Racer's picture

Wah, wah, I want my dummy, I want my toys, wah wah.... or I will kick and I will skweam and skweam the house down... wah..

Fri, 04/15/2011 - 15:42 | 1173711 Long-John-Silver
Long-John-Silver's picture

There was a recovery?

Fri, 04/15/2011 - 16:22 | 1173944 andybev01
andybev01's picture

More like when Robert Downey Jr. went into re-hab-type of recovery...

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