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
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Fri, 04/15/2011 - 16:36 | 1173999 DaveyJones
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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
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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
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teleprompter being loaded by soros

he said we could afford more debt

Fri, 04/15/2011 - 17:12 | 1174165 NotApplicable
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Fri, 04/15/2011 - 18:12 | 1174459 DeadFinks
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That's the sound of a hep cat drinking anti-freeze.

Fri, 04/15/2011 - 19:22 | 1174668 serotonindumptruck
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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
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And the only antidote is a massive, continuous dose of ethanol!

Sat, 04/16/2011 - 08:56 | 1175600 Rodent Freikorps
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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
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Fri, 04/15/2011 - 16:30 | 1173967 sun tzu
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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
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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
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Should have read the small print...


ah, the wonders of advertising

Fri, 04/15/2011 - 15:43 | 1173720 Gubbmint Cheese
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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
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He's despa'ate!  Do what he say...do what he say!!!

Fri, 04/15/2011 - 15:52 | 1173762 Gubbmint Cheese
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God love ya HH.. I was looking for the link.

Fri, 04/15/2011 - 16:09 | 1173878 SheepDog-One
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HA HA good one! 

Fri, 04/15/2011 - 16:19 | 1173922 NotApplicable
Fri, 04/15/2011 - 15:45 | 1173722 magpie
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"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
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All together now, Obama is a fucking .....?

Fri, 04/15/2011 - 15:50 | 1173755 Aknownymouse
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Fri, 04/15/2011 - 15:58 | 1173771 SheepDog-One
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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
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Oh, c'mon. He just likes to take baths...

with Rahm.

Fri, 04/15/2011 - 17:33 | 1174256 knukles
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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
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tres chic

Fri, 04/15/2011 - 15:52 | 1173763 eatthebanksters
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Fri, 04/15/2011 - 23:45 | 1175268 savagegoose
Fri, 04/15/2011 - 15:46 | 1173731 bob_dabolina
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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
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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
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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
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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
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Yes We Can! Shove it right up the average joes pooper

Fri, 04/15/2011 - 15:52 | 1173757 Citizen Kang
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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
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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
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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
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"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...
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'$7.4 Billion in 2004 to $12.1 Trillion five years later'

One shouldn't laugh.

Fri, 04/15/2011 - 16:29 | 1173970 andybev01
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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
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Fri, 04/15/2011 - 15:53 | 1173767 Sweet Chicken
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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
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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
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"Increasing the debt ceiling" is Obama the Tyrant's euphemism for putting unwilling third parties and the unborn into slavery.


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