President Obama

Tyler Durden's picture

Obama-Style Immigration Reform May Be Dead As DoJ Won't Seek High Court's Help





Obama-style immigration reform could be dead in the water as the DoJ's decision not to seek a Supreme Court end-around on the President's stalled executive order presents a number of possibly insurmountable problems.

 
Tyler Durden's picture

Frontrunning: May 28





  • No change in Greek debt talks after another day of spin (Reuters)
  • G-7 Weighs In on Greece as Government Told to Be Serious (BBG)
  • FIFA Faces Mounting Pressure From Sponsors as Visa Threatens to End Deal (WSJ)
  • U.S. hopes Chinese island-building will spur Asian response (Reuters)
  • Japan Inc.’s $104 Billion Investor Payout Set to Surge (BBG)
  • Russia masses heavy firepower on border with Ukraine (Reuters)
  • China Says Its Most-Wanted Fugitive Is in U.S. Custody (BBG)
 
Tyler Durden's picture

Obama Loses Immigration Battle As States Block Executive Order





On the heels of a tough Senate fight that initially saw Democrats oppose granting fast-track authority on trade deals, President Obama was just dealt a fresh blow related to what some say is another example of Presidential overreach after the 5th U.S. Circuit Court of Appeals in New Orleans ruled that an executive order on immigration designed to prevent the deportation of undocumented immigrants will remain on hold.

 
Gold Standard Institute's picture

Are Hedge Funds Worth More Than Kindergartens?





"The top 25 hedge fund managers made more than all the kindergarten teachers in the country," declared President Obama. One side supports him, and the other defends hedgies. Both get it partially right.

 
Tyler Durden's picture

Iraq Trolls US, Calls Latest Military Operation "We Are At Your Services, Hussein"





While some have argued that President Obama and his folly-prone foreign policy debacle is the laughing stock of the world, it seems, as DefenseNews reports, that the Iraqi military is directly mocking America. Just a day after defense secretary Ash Carter accused them of cowardice, an umbrella group for mostly Shiite militia and volunteer fighters, Hashed al-Shaabi, said it had dubbed a military campaign to cut off the Islamic State group in Anbar province as "Operation Labaik ya Hussein," which roughly translates as "We are at your service, Hussein."

 
Tyler Durden's picture

"My Love Is Real" Kenyan Lawyer Offers Cows, Sheep, & Goats For Obama's Daughter





"I got interested in her in 2008," Kenyan Felix Kiprono tells The Nairobian newspaper, and now, in an official marriage request, the lawyer has offered US president Barack Obama 50 cows, 70 sheep, and 30 goats in exchange for his 16-year old daughter Malia's hand in marriage. As AFP reports, Kiprono dismissed the notion he might be a gold-digger, adding that he and the young Obama would lead "a simple life," and he will teach Malia how to milk a cow. This is not the first time a Kenyan has offered livestock in exchange for a President's daughter...

 
Tyler Durden's picture

US Accuses Iraq Army Of Cowardice, Says "More Firepower Support" Needed Against ISIS





“The Iraqi forces just showed no will to fight. They were not outnumbered. In fact they vastly outnumbered the opposing force and yet they failed to fight and withdrew from the site...We can give them training, we can give them equipment. We obviously can’t give them the will to fight.”

 
Tyler Durden's picture

Another Decapitator-in-Chief Of America's Working Class





It seems comical, yet ill-omened, how Barack Obama is herding the already decimated middle class along a path sure to reach economic oblivion, while maintaining support from much of the old guard of school-government-trade unionists which has kept the Democratic Party afloat during the last five decades in a conservative sea dominated by currents of old-time religion and misguided patriotism. ISIS’ literal style of decapitation is repugnant and shocking. US’ self-imposed economic decapitation may not appear at first as shocking, but the end result will be as gruesome to America’s working class: not the proletariat of old, but most everyone holding both blue and white collar jobs.

 
Tyler Durden's picture

"Strongly Dissatisfied" China Warns US "Accident" Is "Highly Likely" In South China Sea





"China said on Friday it was 'strongly dissatisfied' after a U.S. military plane flew over part of the South China Sea near where China is building artificial islands, and called on the United States to stop such action or risk causing an accident."

 
Tyler Durden's picture

Clinton Benghazi E-mails Released, Show "Sensitive" Information Was Sent From Personal Server





The State Department has released 850 pages of e-mails from Hillary Clinton’s private e-mail address. Clinton has been under fire for using a private e-mail server (as opposed to an official government account) to discuss potentially sensitive matters of national security and foreign policy during her tenure as the nation’s top diplomat. Specifically, there are big questions about who knew what and when about an attack on US outposts in Benghazi that killed US ambassador J. Christopher Stevens.

 
Tyler Durden's picture

This Is How You "Boost" GDP: US Sells Over $4 Billion In Weapons To Israel, Iran And Saudi Arabia





When in doubt how to boost GDP, always revert to that old Keynesian favorite. War.

 
Tyler Durden's picture

How The Media Deceive The Public About "Fast Track" And The "Trade Bills"





“Fast Track Trade Promotion Authority” (which was invented by the imperial President Richard Nixon in 1974, in order to advance his goal of a dictatorial Executive, that the Presidency would become a dictatorship) lowers the Constitutionally required approval from 67 Senators down to only 50 Senators. The difference between 50 Senators versus 67 Senators is, essentially, the difference between a treaty that is publicly discussed and widely acceptable to the American public (the people, after all, who voted for those members of Congress); versus a secret treaty that will be widely unacceptable to the American public when the America public will become informed of its contents, which won’t be until years after the treaty has already gone into effect.

 
Tyler Durden's picture

Militarization Is More Than Tanks & Rifles: It’s a Cultural Disease, Acclimating Citizens To Life In A Police State





The problems we’re grappling with have been building for more than 40 years. They’re not going to go away overnight, and they certainly will not be resolved by a report that instructs the police to simply adopt different tactics to accomplish the same results - i.e., maintain the government’s power, control and wealth at all costs. This is the sad reality of life in the American police state.

 

 
Sprott Group's picture

Where Does the Gold Trade Stand





We have all read the latest crop of media articles challenging gold’s investment relevance. The typical approach to bearish gold analysis is to attribute hypothetical fears to gold investors, and then point out these concerns have failed to materialize. Sprott believes the investment thesis for gold is a bit more complex than simplistic motivations commonly cited in financial press. We would suggest gold’s relatively methodical advance since the turn of the millennium has had less to do with investor fears of hyperinflation or U.S. dollar collapse than it has with persistent desire to allocate a small portion of global wealth away from traditional financial assets and the fiat currencies in which they are priced.

 
Tyler Durden's picture

Obama Just Called This "Rotting, Decaying Hellhole" A Symbol Of "Promise For The Nation"





Speaking in Camden, New Jersey, President Obama just uttered the following Detroit-esque words of doom:

*OBAMA SAYS CAMDEN IS SYMBOL OF PROMISE FOR NATION

We discussed Camden in 2012, 2013, and 2014... and had a different opinion.

 
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