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 - 16:29 | 1173973 Cheeky Bastard
Cheeky Bastard's picture

+100

Fri, 04/15/2011 - 16:36 | 1173999 DaveyJones
DaveyJones's picture

take the re and the y out

Fri, 04/15/2011 - 20:00 | 1174764 Al Gorerhythm
Al Gorerhythm's picture

Take the rec and y out.

Sat, 04/16/2011 - 18:51 | 1176635 Vendetta
Vendetta's picture

the green shoots mainstream financial media were seeing after eating some kind of mushroom

Fri, 04/15/2011 - 15:45 | 1173712 alexanderstollznow
alexanderstollznow's picture

one thing is for sure: the previous president couldnt possibly have used a  teleprompter, because noone could possibly have written speeches that stupid.

Fri, 04/15/2011 - 15:47 | 1173730 NOTW777
NOTW777's picture

teleprompter being loaded by soros

he said we could afford more debt

Fri, 04/15/2011 - 17:12 | 1174165 NotApplicable
NotApplicable's picture

ZIRP! ZIRP! ZIRP!

Fri, 04/15/2011 - 18:12 | 1174459 DeadFinks
DeadFinks's picture

That's the sound of a hep cat drinking anti-freeze.

Fri, 04/15/2011 - 19:22 | 1174668 serotonindumptruck
serotonindumptruck's picture

Ethylene glycol poisoning is a supposedly excruciating way to die. Your liver is unable to metabolize the compound, which results in renal and hepatic failure, followed by systemic failure, which results in coma and death of the unfortunate organism.

Sat, 04/16/2011 - 08:41 | 1175583 The Grip
The Grip's picture

And the only antidote is a massive, continuous dose of ethanol!

Sat, 04/16/2011 - 08:56 | 1175600 Rodent Freikorps
Rodent Freikorps's picture

It should be treated like toxic waste if you love your dog. They think it tastes sweet, and you are right. It is not a good way to die.

Fri, 04/15/2011 - 20:01 | 1174770 Al Gorerhythm
Al Gorerhythm's picture

Crickets.

Fri, 04/15/2011 - 16:30 | 1173967 sun tzu
sun tzu's picture

Compared to the current president's incredibly stupid speeches, Dubya seems like a genius. Only a brain damaged fool with the attention span of a fruitfly could still support the current TOTUS. Pointing back to Dubya won't make the TOTUS seem any better in 2012

Fri, 04/15/2011 - 15:42 | 1173713 NOTW777
NOTW777's picture

this time I say we all vote NO WAY

Fri, 04/15/2011 - 15:44 | 1173716 Spalding_Smailes
Spalding_Smailes's picture

But, but, but ..... He sold the people on change from the status quo, a new beginning per se ....

Fri, 04/15/2011 - 15:44 | 1173723 Racer
Racer's picture

Change alright... to an even HIGHER  level of debt

Fri, 04/15/2011 - 17:09 | 1174144 TIMMAYYY
TIMMAYYY's picture

Should have read the small print...

 

ah, the wonders of advertising

Fri, 04/15/2011 - 15:43 | 1173720 Gubbmint Cheese
Gubbmint Cheese's picture

reminds me of a scene in Blazing Saddles...

 

Sheriff Bart - "The next man that makes a move and the ****** get's it.."

"Hold it men.. he's not bluffing"..

 

Fri, 04/15/2011 - 15:47 | 1173736 hedgeless_horseman
hedgeless_horseman's picture

http://www.youtube.com/watch?v=fFl3pWbfVX8

He's despa'ate!  Do what he say...do what he say!!!

Fri, 04/15/2011 - 15:52 | 1173762 Gubbmint Cheese
Gubbmint Cheese's picture

God love ya HH.. I was looking for the link.

Fri, 04/15/2011 - 16:09 | 1173878 SheepDog-One
SheepDog-One's picture

HA HA good one! 

Fri, 04/15/2011 - 16:19 | 1173922 NotApplicable
Fri, 04/15/2011 - 15:45 | 1173722 magpie
magpie's picture

"Were it not for the obstinate resistance of the so-called Tea Party (thrice cursed be their name i neternity), Dear Leader President would have saved the USSA from the Greatest Depression in 2012. But alas, his great wisdom was not heard."

The History App on GovPad, 2051

Fri, 04/15/2011 - 15:45 | 1173729 Eireann go Brach
Eireann go Brach's picture

All together now, Obama is a fucking .....?

Fri, 04/15/2011 - 15:50 | 1173755 Aknownymouse
Aknownymouse's picture

Michelle?

Fri, 04/15/2011 - 15:58 | 1173771 SheepDog-One
SheepDog-One's picture

I doubt it, Michelle and those 2 kids are stage props for the Manchurian President and besides Obama is a straight up homo. What, no one else knew that?

Fri, 04/15/2011 - 16:22 | 1173926 RobD
RobD's picture

I'm with you Dog. I have yet to hear of One(1) Obama ex-girlfriend. You would think if he had any they would have been talking him up during the last election. But only crickets....

Fri, 04/15/2011 - 16:21 | 1173936 NotApplicable
NotApplicable's picture

Oh, c'mon. He just likes to take baths...

with Rahm.

Fri, 04/15/2011 - 17:33 | 1174256 knukles
knukles's picture

One of my saner buddies suggested to look real hard at the family photos. That if they don't look photo-shopped, then there's only one kid.  If there're two, they look photo-shopped, wrong lighting angles, etc.  Says they ate one of 'em.  And this guy is reputable.

Fri, 04/15/2011 - 21:08 | 1174914 Mr Creosote
Mr Creosote's picture

tres chic

Fri, 04/15/2011 - 15:52 | 1173763 eatthebanksters
eatthebanksters's picture

...Porf!

Fri, 04/15/2011 - 23:45 | 1175268 savagegoose
Fri, 04/15/2011 - 15:46 | 1173731 bob_dabolina
bob_dabolina's picture

Default

I'm sick of this shit.

I'm pretty sure the premise of this country wasn't to be reliant on borrowing from foreign countries and printing money.

What is this bull? Let's take the band-aid approach and get this put to bed for Christ sakes.

Fri, 04/15/2011 - 15:54 | 1173733 plocequ1
plocequ1's picture

Consequences schmaquences. As long as im dead in a few years, Who gives a fuck. In the mean time, " Im just happy to be here today" .... Thurman Munson

Fri, 04/15/2011 - 15:49 | 1173743 HedgeFundLIVE
HedgeFundLIVE's picture

btw, this BAC earnings trade worked like a charm: http://www.hedgefundlive.com/blog/trading-bank-of-america-bac-earnings  Posted on zerohedge before.

Fri, 04/15/2011 - 15:50 | 1173752 SheepDog-One
SheepDog-One's picture

Im just surprised they didnt wait till after market close to release this news gem. Although I guess at this point no news matters anyway as equity markets are 100% controlled by super computers now.

Fri, 04/15/2011 - 15:48 | 1173753 JailBank
JailBank's picture

Yes We Can! Shove it right up the average joes pooper

Fri, 04/15/2011 - 15:52 | 1173757 Citizen Kang
Citizen Kang's picture

So we're going to pin the eventual raise in the debt ceiling on the empty suit Obama and not instead on the hypocritical Congressional Republicans who raised the debt ceiling SIX FUCKING TIMES under Bush?

 

The only that has happened between Dems and Repubs is that the roles have reversed. They are two sides of the same coin. If you are upset about it now (as you can see by all the supposed "conservative" monaing and wailing) but were cool with it from 2001-2008 then you are just a flaming hypocrite.

Fri, 04/15/2011 - 15:52 | 1173779 drink or die
drink or die's picture

I don't see anyone on ZH saying it was ok back then....

Fri, 04/15/2011 - 15:52 | 1173782 SheepDog-One
SheepDog-One's picture

Obama voted against it. Just goes to show you the whole govt is nothing but puppets getting their strings pulled by banksters. 

Fri, 04/15/2011 - 17:11 | 1174150 sun tzu
sun tzu's picture

As opposed to all the supposed liberals moaning and wailing about Bush's $400 billion deficits from 2001-2008 and who now think that a $1.6 trillion deficit is no big deal. Aren't they also flaming hypocrites? Nice attempt to cover for your Messiah though.

 

BTW - the democrats were in comntrol of congress the last two years of Bush's presidency

Fri, 04/15/2011 - 19:43 | 1174723 serotonindumptruck
serotonindumptruck's picture

"As opposed to all the supposed liberals moaning and wailing..."

That's fine so long as there is no gnashing of teeth. That old testament shit just pisses me off.

Fri, 04/15/2011 - 15:52 | 1173759 Herman Strandsc...
Herman Strandschnecke's picture
'$7.4 Billion in 2004 to $12.1 Trillion five years later'

One shouldn't laugh.

Fri, 04/15/2011 - 16:29 | 1173970 andybev01
andybev01's picture

It's less of a 'funny' laugh as it is 'if I don't laugh my brain will explode', kind of noise.

Fri, 04/15/2011 - 15:50 | 1173760 Duuude
Duuude's picture

Paulson...

PAULSON...

PAULSON...

PAULSON...

Over...Niagara...Falls...

 

http://www.youtube.com/watch?v=nr6VBg1SiYI

Fri, 04/15/2011 - 15:53 | 1173767 Sweet Chicken
Sweet Chicken's picture

Well I think this proves things are worse than some feared since he did this much sooner than expected.

This shit is ridiculous.

Fri, 04/15/2011 - 17:44 | 1174312 Rainman
Rainman's picture

The Great Agitator is trying to quickdraw the Ryan crowd and put them on defense. That is all. Set them up as the patsies for causing the " new " recession by messing with the debt ceiling. Ophony is sitting on a Fed-manipulated economy held together with duct tape and he knows it. He's now setting up the Pugs to take the fall for scuttling the country's fanatastic gains....in the stock market. 

The scheme will never work, but he's just sayin what he's been told to say anyway.  

Fri, 04/15/2011 - 15:51 | 1173775 Dreadker
Dreadker's picture

I'll take the latter option please El Presidente... global recession... the first option of raising the debt ceiling is like placing the global economy into a medically induced coma.... lets just turn off the life support already ;-)

Fri, 04/15/2011 - 15:54 | 1173777 Dr. Acula
Dr. Acula's picture

"Increasing the debt ceiling" is Obama the Tyrant's euphemism for putting unwilling third parties and the unborn into slavery.

 

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