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Watch The President Discuss Today's Abysmal Job Numbers Live
Update: the president is now 30 minutes late. Either the guy on the 18th is taking his sweet time or the teleprompter has been hacked.
The much expected TV appearance, which made waves earlier today with everyone expecting Obama to proudly announce a +200K NFP number is about to start. Watch it live here as the scapegoating begins in 5...4...3...
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First question from the Media:
Hows the short game coming along Sir?
his foot wedge really helps out
The patented Billy Martin sand-trap method.
Dismal jobs report? Bullish everything. You want dollars, you want metals, you want equity: In other words, the report is insignificant.
Since when did the economy move on fundamentals? >?
This means more stimulus, and an assured debt ceiling raise. A big, surprising number. Debt ceiling raise could be the new QE.
Overall bullish for the corporate dictatorship. It means higher efficiency, lower costs. Humans and their payroll taxes, benefits, retirements.. pure liability. Think about that next time you use the automated checkout lines at the supermarket, or buy crap on the web.
All hail the Corporate Dictatorship. We the People will be left with socialist programs and subsidies to make ends meet.
EDIT: Obama: Debt Limit raise is the answer.
BUY everything.
I'm presuming you are being sarcastic. The dangerous thing about this NFP report (dangerous for TPTB) is that it seems to be pointing out that running 12% deficits and massive stimulus is no longer producing even a short-term pop in employment, i.e. that Keynesism solutions are failing. Sure, there will be calls to increase stimulus from here, but people aren't stupid and Obama=Fail is on their minds.
Somebody please pull back the curtain, so we can see who's making his mouth move.
I don't think there is money available for another stimulus. This is end game. Quit your jobs and enjoy 12 months mortgage free bitchez.
Omigosh! He's late again!
This idiot is making it up as he goes along. That's why he's late to every announced speech.
"The smartest guy in the room!" LOL
Oh shiznit. Whatamma gonna say? For Realz!
"Damn weather"
Blame the Japanese quake.
Or global cooling/warming.
"Jobs? What jobs? We don't need no stinkin jobs!"
Bla bla bla change you can believe in
bla bla bla I have a dream
bla bla bla hope for all
bla bla bla america will prosper
bla bla
You forgot:
"We need to "invest"" bla bla bla sheep
"Invest" always equals "spend your grandkid's taxes, as if they could ever pay any" because we are scumbag plutocrats, and need POWER to keep you suppressed.
Always remember, invest = suppressed in Obummer bla bla bla sheep speak
Don't forget about winning the future!
We've won the future, because we are spending it now.
Screw the grandkids, I won't live long enough to meet them anyway.
This just in... Obama's theme song for the 2012 campaign.
http://www.youtube.com/watch?v=XSBOw51z9YU
I can just imagine those mmmmm, mmmmm, mmmmm kids singing the corus.
You forgot:
"We need to "invest"" bla bla bla sheep
"Invest" always equals "spend your grandkid's taxes, as if they could ever pay any" because we are scumbag plutocrats, and need POWER to keep you suppressed.
Always remember, invest = suppressed in Obummer bla bla bla sheep speak
30 Reasons To Get Out Of Real Estate And Into REAL Assets
http://dont-tread-on.me/30-reasons-to-get-out-of-real-estate-and-into-re...
Obama: "We begin bombing in 5 minutes."
As the mining industry has shown, shovels are too slow, high explosives are where it's at. That's why we don't need congressional approval for Libya. We're creating jobs over there for American servicemen and small businesses, like XE
post of the week award
Apparently he had to cancel his Montana vacation this weekend,. Do you realize how long it takes to turn that many aircraft around and land them?
uh, no...he's on CPT
He made sure he was late so the markets would close before he opened his mouth.
Technology will replace the obsolete human liabilities, with efficiency.
Those automated checkout lines absolutely suck and take more time .
"unidentified object in the baggage area"
yeah... and a Ipad is about the maximum we've been able to construct...
Barry is looking rather grey. Note also the absolutely sour expression when discussing "business" and "private sector" employment. A bitter thing, capitalism. Eh, Barry ?
answer: "just fine. i shorted the market before the close yesterday because i knew the job market data sucked."
"not as good as my jump shot Louise"
<cue sychophantic laughter>
Cacksuggers.
10 bucks says the markets tick green after the holy father speaks.
I will residn as of 5pm today...
I will residn as of 5pm today...
Obama (staring intently at the camera): These are not the droids you're looking for...
+++++
Good one.
+1
Mr. President....may I borrow some change? I'm out of hope.
sorry. Hope is on the Road again. this time to Despair.
I thought Hope died in the desert in 2003
no i don't think so.
don't you remember jesse jackson screaming "Keep Hope Alive" all the time? he must've really liked his tv specials...
here is some New Hope ... keep the change ...
I think he got his wires crossed with the "change" promise. It was supposed to be change for the *better*.
We just need the first dog to come up and take a dump at the foot of the empty podium to complete the picture.
this IS change for the better ... what your class is left out.
BWHAHHAHAHAHAH!!!!
yep, no classes in amerika. Is your ass blistered red yet suckas!
Newsflash, nobody that matters gives a damn about your silly yobs.
Spot the autocue.
"Let me be frank, I was handed this problem... blah blah blah..."
There Mr. President. I said it all for you.
what else can he say ? thats the last line of defense.
Hi frank. Frankly we don't believe you.
"We decided the best way to get the car out of the ditch, is to load the trunk with C4 and blow the damn thing up."
+1
When stuck in a ditch or mudhole , the best way out is to lighten the load.
Then you lay down a vary NARROW path out.
Working well so far.
yobs ????YOBS??????? well no matter your YOBS are a fiction.
Many more will find out although it may take 1 more election.
Always late....
Teleprompter must be broken again.
Told ya , hes in the WH indoor driving range , right by the bowling alley.
"just one more bucket and i'll be right up"
He has a long list of people to blame,
starting with the Boehner gang...
Starting w GW Bush, I'll bet ya $10!
he wouldn't blame his golf partner this week
Is someone with such a questionable birth certificate qualified to offer opinion on such important matters?
Maybe someone made the wrong layer visible on the NFP document? Should have shown layer with good figure on and hid layer with bad figure, tut.
The question of a birth certificate is moot.
Anyone who wants the job of POTUS shouldn't be allowed to have it, because regardless of who it is or what party he belongs to or from under which rock he crawled, he (soon to be 'or she') is an empty suit, full of hot air, owned by TPTB.
I am getting pumped for this speech by playing, Sneaker Pimps "Spin Spin Sugar" on repeat.
Nice. Just loaded that back on the ipod yesterday!
pods
Q: "How does it feel to be the most useless President in the history of the USA?"
Ask Dubya.
he was an amazing criminal but then again I have to give most credit to his VP but it sure looks like, despite whatever labels they wear, our presidents, along with the viability of The Bill of Rights just keep getting worse and worse... along with the situation
indeed
Question , how does it feel looking out at so many idiots that look to DC
as a savior???
Ummmmmmm mmmmmmm mmmmmmmm mmmmmmmmmmmmm!!!!
Quetstion,,, if anyone cared why are they not at YOUR gates???
UMMMMMMMMMMMMMMM hope mmmm mmmm mmmmm!!!!!!!!!!
I hope everyone BTFD in Gold and Silver. New highs are now inevitable despite margin changes and counterfeit paper dumping. The Republican candidate campaign slogan should be "It's the Money Stupid".
India's MMTC announced they are expecting to import 350 tons of gold for fiscal 2011-12.
http://goldandsilverlinings.com/?p=1412
Nice podium.
Now wait...now listen...now listen to me. I beg of you not to do this thing. If Bernanke gets hold of this Building and Loan, there'll never be another decent house built in this town. He's already got charge of the bank. He's got the bus line. He got the department stores. And now he's after us. Why? Well, it's very simple. Because we're cutting in on his business, that's why. And because he wants to keep you living in his slums and paying the kind of rent he decides. Joe, you had one of those Bernanke houses, didn't you? Well, have you forgotten? Have you forgotten what he charged you for that broken-down shack? Here, Ed. You know, you remember last year when things weren't going so well, and you couldn't make your payments? You didn't lose your house, did you? Do you think Bernanke would have let you keep it? Can't you understand what's happening here? Don't you see what's happening? Bernanke isn't selling. Bernanke's buying! And why? Because we're panicking and he's not. That's why. He's picking up some bargains. Now, we can get through this thing all right. We've got to stick together, though. We've got to have faith in each other.
I love you.
damn, did he flee back down to S America?
Or Kenya?
Job numbers are racist.
Some idiot calling into Glenn Beck's radio show just said that!
This jobs number is nothing that more diversity won't fix.
The Federal Gov and USPS are loaded with diversity. And just look at how efficient and well they function.
DSM IV 301.7
NewsFlash:
Staffers unable to get Teleprompter out of locked bathroom!
Panic attack!
"There are positive signs in these numbers"
There are. Really.
The only sectors that showed a drop in employment are governemnt and temp. workers.
http://www.economicpolicyjournal.com/2011/07/incredibly-bullish-unemploy...
You are being disingenious (sp?) whether intentionally or not. A positive number is not enough. The net gain in jobs (new jobs - new entrants into the work force) has to be positive. Working age population grew by 176,000 last month, which means there are 160,000 new people who don't have a job.
So let's create more gov't jobs then (pay people to dig holes and more people to fill them up)if net gain in new jobs is all we need.
/sarc
Obamessiah: "What's the problem here? I told you guys I would 'focus like a LASER on jobs?' You know how it works, point, pull trigger, POOF!!! Gone. What did you think I meant?"
"All I want are frickin' sharks with frickin' lasers attached to their heads!!"
Come on Mr. President. Front-running HAL 9000 is beginning to worry.
Did I miss something or has he went AWOL?
Taking a piss, surely?
You should know by now he's always late.
Teleprompter must be down. Yikes.
so...is the teleprompter actually going to speak or what?
Yeap why pay someone big money to talk crap. Tech repalcing the President of the USA> Nuf said. Send me the fucking PPT and I will read it myself.
He is Teddy Ruxpin.
I would mark the fuck out if they put that bear up there with an Obama sounding tape in his back
+1986
You're assuming that anyone would notice.
He's still on the 18th hole... Can't get it in.
I hope he says something to the effect of "I inherited this mess" because I get the sense that even the average Joe will be pissed off to hear that.
Michelle is off to Iran next week, she had a great time in Africa. F-ck you very much!!
Well, this morning's price action in gold should (but won't) silence the deflation critics who say gold is going to deflate with everything else. Bad jobs numbers print, and everyone poured into gold.
Gold, the only insurance against risk. The perfect trade. The lifeboat against what is coming. Get ahead of the stampede or get trampled.
He got locked out of the house that one time... maybe now he's locked in?
Fashionably late, Mr President.
Good morning Ladies and Gentlemen,
I never promised you a rose garden.
I beg your pardon
That's gonna be his introductory line, I guess.
There's gotta be a little rain sometime.
Man that must be one nasty dump he's taking.
Remember this last month?
"Daily economics briefings disappear"
http://thehill.com/homenews/administration/164985-obamas-daily-economic-...
How much daily, "All's well Mr. President" could you handle from Timmy and Co.? I don't blame him, he shoulda just fired some fuckers, to get some real info from real economists, IMO, alas, the "esteemed" ones all have to repeat the same bullshit happy mantra to stay employed, thus truth in economics equals higher unemployment :)
The low NFP numbers mean everyone's already employed that needs a job. It's all good news folks
wow...riveting...this may be the most intelligent speech he has ever given...in fact he should quit now before he says something stupid and ruins it...
Michelle is trying to get his morale up... The first words out of his mouth will break 1336 support on the ES.
Seriously. Looks like futes are growing impatient.
http://www.youtube.com/watch?v=B3lLYOGDsts
While we are waiting, here's some music from Obama-Rama-Lama-Ding=Dong:
http://www.youtube.com/watch?v=RixnR1k1Ldk&feature=related
and
http://www.youtube.com/watch?v=rKTUAESacQM
What's taking so long...did Barry O start smoking cigars?
I think this clip fits nicely here:
http://www.youtube.com/watch?v=angi1vwUkQc&feature=related
I guess his golf lesson ran a little over. Needs some work on those long irons.
These guy's just don't know how to play the game. What they need is the tickers on the screen beside the tele-prompter's head. As he reads, the algos are flipped on and the magic of the orator is experienced "real time". It would be like the Bush II, reversed. They may even push the limits and put Biden on. Nah!
Maybe he is getting some last minute pointers from Hugo Chavez.
Ladies and gentlemen, low jobs means cheap oil, so this is a banner day for da US of A.
Hes already 1/2 hour late. Thinking theyre delaying until when the final Space Shuttle launch at 10:35 so the networks wont have to cover his speech. Afterall, what the hell can he possibly say in this situation.
He's waiting for the launch to limit the number of people watching him......
Maybe somebody should check the garage and see if Air Force One is still there.
Monrovia on the Potomac.
There's a shadowy guy waiting in the bushes on the left hand side.
Oh, it's only Dick Cheney, carrying a National Security Letter.
Not a good day for Obama-Rama-Lama-Ding-Dong to be late while SqueeNBSquee (CNBC) is running the contest for "Worst Boss"
....ummm I think we all have the answer to that question by now.....
Well,don't worry too much 'bout the disastrous NFP number Mr President.I gotta some good news regarding hiring .The extremist American Militia Movement is recruiting record numbers.........ya gat that.....BOY!
http://www.bbc.co.uk/news/world-us-canada-14018798
See Mr Obummer,the economoney isn't as bad as ya think.
Must be problems backing up today's Tee Time
Are they trying to bring Keynes back from the dead?
"Duh... whadda we do now boss?"
Obama has been late to just about every speech or press conference. To me, it is the ultimate sign of his arrogance.
Your to rayciss
He's on CPT and for you to expect him to abide by your rayciss standards of behavior is oppressive and - did I say - RAYCISS. He is diversity and DIVERSITY IS STRENGTH. Diversity macht frei, got it?
Missah Trav, I flexin' Monday. My dog is rea' sick.....
And Heres Barry!
waiting for final approval on his speech from the bilderberg group?
oh, and all the way from Chicago, here's another song while we wait:
http://www.youtube.com/watch?v=jQHpV0F2xx4
"temporary layoffs: Good Times!
easy credit ripoffs: Good Times!
Ain't we lucky we got 'em: Good Times!"
while you're waiting see this nice upskirt
Kate Middleton Suffers Wardrobe Malfunction http://gaw.kr/piOHjn
Royal Heiness indeed
is that ... Barry? You don't look like yourself today . . .
Wrong black guy . . .
I bet that ones got a legit birth certificate though.
Was that the decoy?
Uncle Tom just came out to check the podium
Obama is late because they are still trying to figure out how to say, "I'm raising the debt ceiling with or without Congress because we really need to give the banks just a little more money because they are threatening to blow this whole thing up if we don't," without making it sound quite that bad.
Hey Obama Rodge....WHAT'S HAPPENING?
http://www.youtube.com/watch?v=zpBhrjfetkk&NR=1
ZH readers wait to see ReRun!
Obama:"not sure what all the excitement is about. If it wasn't for the stimulus the NFL would be -2million. Today's NFP shows we created or saved 2,018,000 jobs this month"
Obama:"not sure what all the excitement is about. If it wasn't for the stimulus the NFL would be -2million. Today's NFP shows we created or saved 2,018,000 jobs this month"
Speches only take a
Take a shot of something everytime he says:
Bush
Unprecedented
2 million jobs created
I know it's Friday and all, but passed out in a puddle of vomit at 11:15AM is a little much.
We have a winner!