• Capitalist Exploits
    09/20/2014 - 11:12
    There is no perfect system or place on our blue planet, so spare me your pious lectures about poverty in the 3rd world until, say, you've fixed your own f***ing Detroit!

President Obama

Tyler Durden's picture

Next Time Obama Boasts About The "Recovery", Show Him This Chart





Irony aside, the growth of income (trough to peak) during so-called 'economic expansions' has changed... and President Obama's "recovery" is the worst of the lot...

 
Tyler Durden's picture

US Military Presence In Africa In One Chart





Last week President Obama explained "Africa also happens to be one of the continents where America is most popular," and added that the US is "deeply interested in working with Africa, not to extract natural resources alone." We suspect, one glance at the following map answers the why (so popular) and the what (aside from natural resources)...

 
Tyler Durden's picture

President "I Will Not Rest" Obama's Approval Rating Hits Record Low





Nearly 80% of Americans have lost faith in the American political system, according to a new Wall Street Journal poll. Despite record highs in stocks (and consumer confidence?) - and a President proclaiming that as victory - 60% of Americans are dissatisfied with the economy and 70% believe the nation is heading in the wrong direction. Who is to blame for this? President Obama's overall approval rating has collapsed to a new low at 40%, with only 42% approving of his handling of the economy. "Americans are cranky, unhappy… It is with everything going on the world," and 57% are pissed off enough to carry a protest sign. But don't worry, as President Obama has reiterated during his tenure, he "will not rest..."

 
Tyler Durden's picture

Putin Orders Preparation Of Retaliatory Sanctions, Expands Trade With Iran





As we warned previously, it appears Russia is stepping up its sanctions-retaliation confirming its threat that "US will feel tangible losses."

  • *PUTIN ORDERS GOVT TO PREPARE RETALIATORY SANCTIONS: RIA
  • *PUTIN ORDERS GOVT TO READY STEPS IN RESPONSE TO SANCTIONS: IFX
  • *PUTIN: RETALIATORY MEASURES SHOULDN'T HURT RUSSIA CONSUMERS:IFX

Russian stocks and currency are sliding this morning, not helped by this announcement. Of course, Putin has already put pressure on major US companies such as MSFT, IBM, MCD, INTC, AMD, and car manufacturers. And as far as "isolation" - the signing of a 5-year trade agreement with Iran would suggest there are still plenty of nations willing to work with Putin.

 
Tyler Durden's picture

President Obama: Working Hard Or Hardly Working?





Presented with no comment...

 
Tyler Durden's picture

Ron Paul Implores "Why Won't Obama Just Leave Ukraine Alone?"





President Obama announced last week that he was imposing yet another round of sanctions on Russia, this time targeting financial, arms, and energy sectors. The European Union, as it has done each time, quickly followed suit. Even when the goals are clear, sanctions have a lousy track record. Sanctions are acts of war. These sanctions will most definitely have a negative effect on the US economy as well as the Russian economy. Why is “winning” Ukraine so important to Washington? Why are they risking a major war with Russia to deny people in Ukraine the right to self-determination? Let’s just leave Ukraine alone!

 
Tyler Durden's picture

Obama To Corporate CEOs: "If You Have A Complaint, You Can Keep your Complaint"





President Barack Obama has a direct message for the leaders of America’s biggest companies: if you have a complaint, you can keep your complaint. "If you look at what’s happened over the last four or five years, the folks who don’t have a right to complain are the folks at the top," Obama said in an interview with The Economist published over the weekend. As The WSJ adds, Obama maintained that complaints from corporate CEOs in the current environment should be taken with “a grain of salt” as most policies he has implemented have "generally been friendly towards business." In other words, thank me for the recovery, but don't blame me for the inequality - an irony we have noted numerous times.

 
testosteronepit's picture

Russia Sanctions Exact Their Pound of Flesh – from Germany





The powerful engine to pull Europe out of its quagmire? It stalls as sanctions hit. “Disaster of 2008” is evoked, hastily denied.

 
Tyler Durden's picture

Obama's "Folks"





We are all Obama's "folks" now...

 
Tyler Durden's picture

How The West Sees Africa





Ahead of the US-Africa Summit this week, and given that President Obama explained "Africa also happens to be one of the continents where America is most popular," we thought the following map of just what the West thinks of Africa would be helpful...

 
Tyler Durden's picture

Turkey Shuns US (Again); Loads 5th Tanker Of $100 Million Iraqi-Kurdish Oil





Having publicly shunned President Obama, it appears Turkish Prime Minister Erdogan has no problem upsetting the status quo. As Reuters reports, the fifth cargo of crude oil from Iraqi Kurdistan was loading at Turkey's Mediterranean port of Ceyhan on Thursday and was scheduled to set sail on Friday, Turkish energy officials said. Baghdad is unhappy - missing out on the oil revenues. We are sure US is unhappy - oil being sold out of its control. And OPEC may be getting upset as it appears an 'anonymous' buyer is more than willing to buy the oil from the 'not sovereign status' seller militia at a healthy discount. De-petrodollarization?

 
Tyler Durden's picture

President Obama To Deliver Hope For The Weekend - Live Feed





What will it be? A gloat about 6 months of 200k-plus jobs growth (but ignoring rise in unemployment and drop in wage growth)? Republican-bashing over the Border Bill? Putin-panning after their phone call this morning (better not discuss costs)? Israel-condemnation (and funding)? Why you should buy the dip because it's patriotic? Stay hopey... (not cyniccy)

 
Tyler Durden's picture

The West's Reckless Rush Towards War With Russia





For reasons that have no rational explanations at this time, the US and Europe have embarked on a concerted program to demonize Putin, ostracize Russia, and bring the world as close to a major conflict as it's been since the Cold War, a time hardly memorable to many in the current crop of our elected officials. A dangerous dynamic is brewing between the West and Russia/Putin. We are seeing a rush to war very similar to the one that led up to Saddam's ouster, but this time, we have much less justification (hard to believe) and the opponent is tremendously more capable. There is little sense in the course the West is currently pursuing, little to gain, and much to lose. The main conclusion here is that not only is the US poking the bear, but it is doing so with increasing frequency and upping the ante dangerously with each step.

 
Tyler Durden's picture

Right Now: House Voting Whether To Sue Obama





House Republicans are expected to formally approve their lawsuit against President Obama today. As John Boehner wrote earlier in the week, "President Obama has overstepped his constitutional authority — and it is the responsibility of the House of Representatives to defend the Constitution." Voting has started on the 'impeachment lite' bill...

 
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