Obama Addresses The Nation Over The "Debt Ceiling Stalemate"

Tyler Durden's picture

My fellow Americans... blah blah blah... stalemate.... blah blah blah... runaway spending... blah blah blah... all Bush's fault.... blah blah blah... compromise.... saving money from ending illegitimate wars.....blah blah blah... ceiling must be raised or America will be destroyed...blah blah blah... no more social security for anyone... blah....god bless you all...  is the camera off? Where are the Camel lights?

The official release

Tonight at 9 p.m. EDT President Obama will address the nation on the stalemate in Washington over avoiding default and the best approach to cutting deficits.


Watch the speech live tonight at WhiteHouse.gov/live and engage with Administration Officials all week. 


Starting tomorrow, White House Administration Officials will hold "Office Hours" on our social networks to answer your questions about the President’s speech and the ongoing deficit debate. Brian Deese, Deputy Director of the National Economic Council and Special Assistant to the President, will be answering your questions on Twitter tomorrow at 5:00 p.m. EDT. Ask your questions with the hashtag #WHChat and stay tuned for opportunities to engage throughout week.

Live stream below:

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nmewn's picture

Negative Liberties.

ratso's picture

The bald racial hatred that underlies many of the posting for this paragraph as well as the attitudes of many in Congress blinds and deafens them to any reasoned remarks that enter the debate.

How about addressing the racism that you at times inadvertently inspire.  Or, are you afraid of loosing some of the crazies with their encapsulated delusions about Obama's origins.

Chief KnocAHoma's picture

Quit hiding behind race and blast off!

If you disagree with this statement you are a white hating reverse racist.

I am The Chief!

AldousHuxley's picture

Jim Rogers says:

  • US already lost AAA rating
  • Moodys don't know jack squat
  • politicians just getting free face time on camera for next election
  • balancing the budget hasn't happened and won't happen
  • default will be a few days if at all



darkstar7646's picture

1) Ding. We've already lost the AAA, and did so three months ago when we had to resort to the accounting tricks. So when does a major call them on it?

2) Ding. See question to end #1.

3) Buzz. What people do not understand is that, if he tries to withhold the SS checks for any considerable length of time (and let's not even get INTO food stamps!), he can forget about an election of any kind.

4) Ding!!! You cannot balance the budget anymore without an immediate societal-dislocating balancing of the size of the population to match it.

5) See #3. Especially if that is Obozo's belief, he has to pay those checks on 8/3, or it won't matter how long the "default" lasts, because that will turn a "soft default" into a very "hard default" in short order!

Bobbyrib's picture

#2-Most of the people on SS (unless it is SSDI) would never vote for a black, "socialist" President anyway. If he refuses to pay the people who did not earn their social security dollars, he will lose the next election. If he refuses to pay SS to the people who put into it for most of their lives, he won't lose many votes at all.


Let's stop pretending the elderly are going to vote for Obama. It's the leeches who work a few years and go out on permanent disability he can't screw.

nmewn's picture

"How about addressing the racism that you at times inadvertently inspire."

I will slow down to a crawl so you can understand me.


AldousHuxley's picture

racism is when 90% of one race votes for a presidential candidate of the same skin color (even it's just half) while all others are split.


StychoKiller's picture

Lemme help ya out there, Slick:  "I like the picture of Obamatron intro'ing the article because he looks like he's stoned out of his mind in it -- which goes a long way in explaining Obamatron's actions..."

BTW, I'm not a racist, I hate both the Republicons and Decepticrats equally, since they're lacking a vital survival skill, namely, INTELLIGENCE!

max2205's picture

RIMM is getting killed just because they have a "BLACK BARRY"


nmewn's picture

Exactly tip e

Um errr uh...lets not kick the can to avoid Timmah's short term balancing act, umm er ahhh, lets really kick the can beyond our upcoming elections.

Transparent Leadership...for a Change ;-)

bigelkhorn's picture

I love the fact they are pretending to fail. So funny must be harder doing that than actually failing! I guarentee it.

I subscribe to the guy from australia and his FFT economic newsletter at http://www.forecastfortomorrow.com that guy has called many big events before they have happend, including the stock market crash in 2008 and the current financial collapse of the US. (currently happening) but he is saying to watch what happens at the end of the year. hmmm

TheAlchemist's picture

As if that's some kind of surpise?

Hell, I could say "watch what happens next Tuesday" and I'd be right.  Why?  Becuase I didn't say a damn thing, and no matter what happens, *something* will happen and I'd be right.

So yeah, go ahead and sign up for another newsletter...  [/sarcasm]

Thomas Jefferson's picture

A village in Kenya is missing its idiot.

Derpin USA's picture

You do realilze that referencing Kenya only serves to make your beef with him appear based on racism, right? It taints any legitimate argument you might make (I use the word "might" strongly).

Samual Adams's picture

Barry Soetero has Family in Kenya.   Idiot.

Derpin USA's picture

He is not from Kenya, was not born there and did not live there. What the OP said is akin to saying "send him back to Africa" and hints at the racism-based belief that Obama is not a legitimate US citizen.

Funny though. Your insistence on calling him Soetero not only shows unnecessary disrespect to a man who undeniably legitimately earned the presidency (can't be said for either of Bush's terms), it's part of a larger trend among some on the right that appears to be a substitute for nigger. It's an obvious code word.

nonclaim's picture

Can I use Hussein or was that also scrubbed out by the party?

Derpin USA's picture

Considering he prefers to use his first and last name only, and that most everyone else has no problem respecting that, I'd say that's another code word for nigger.

Stoploss's picture

Well, if the shoe fits.. OOOOOOOOOOooooo looky there.

XenoFrog's picture

DNC and Democratic Underground plants. Don't bother feeding the trolls.

Derpin USA's picture

Yes, anyone who disagrees with the ZH hivemind is a plant. A very convenient mental exercise to rationalize not having to address the actual argument presented.

I thought ZH members were intellectual stalwarts. You don't fit that meme.

CrankItTo11's picture

Junk ... Maybe if we all comment with "junk" on everything we think is junk, they'll bring back the junk button... Surely they'd like that better than comment threads filled with the word JUNK a hundred times.

I Am The Unknown Comic's picture

Not a bad idea.

In the spirit of Fight Club I personally liked the old way of being able to junk some troll off the site.  We at least need a way to either junk trolls off with enough down arrows, or at a cutoff level (say 25 down arrows?) have the word "JACKASS" stamped in capital bold letters across the comment. 

Incubus's picture

commies and pinkos and plants and stuff.


I'd say I was a plant if it got enough of these ignoramouses on edge. 


So yeah?  I'm a plant.

Prometheus418's picture

At the risk of providing you with troll food, I'd point out that mindlessly parroting the PC party line is hardly a hallmark of a person capable of critical thought.


Derpin USA's picture

At the risk I'm being trolled, not one person here has explained how I'm wrong.

Smiley's picture

Why would we?  You aren't important.

Derpin USA's picture

Exactly. You have the numbers against me, so why bother explaining yourself? You don't have to because you're safely cocooned with the hivemind of this site.

Smiley's picture

I think someone needs to spend some more time on the front porch.

Derpin USA's picture

Why, because I'm a porch monkey?

Smiley's picture

You really do make it too easy...


I wonder how much room is left in the garden?

Derpin USA's picture

Callin' a spade a spade, huh?

StychoKiller's picture

So, in your estimation, which half of Obamatron are us'ens prejudiced against?

Sorry, but "promising" all of the following and then promptly doing nothing earns mega-points for being hypocritical:

1. Bringing (ALL!) the troops home from Afghanistan -- FAIL!

2. Bringing (ALL!) the troops home from Iraq -- FAIL!

3. Closing GITMO -- FAIL!

4. Trying all the "detainees" in civilian courts -- FAIL!

5. NOT raising taxes -- FAIL!

6. Making creating jobs a #1 priority -- FAIL!

7. etc.

Go take your paper-thin skin to another site, if you truly need like-minded people to agree with you that the World is NOT fair (it's NOT, by the way!)

The only thing that kills bigotry is cold, quiet, COMPETENCE -- I see no such thing in

Obamatron.  (Haven't seen any such thing in the US Govt for quite some time, actually!)

John_Coltrane's picture

See you if can identify this "meme" explaining why we do not explain the flaws in your premises.

"You asked me what I think of you.  I do not think of you"

Name this paraphrased author.  Hint: wrote the second most read/purchased book of all time.

Derpin USA's picture

You obviously think enough of me to downvote me and reply to me without actually saying anything.

Problem Is's picture

Derpin USA:

The 9th Rule of Fight Club
Newbies have to STFU and read their 1st 26 weeks...

Mr. 11 week White House intern sock puppet...

Tell your boss Valerie "Bitch-O-Matic" Jarrett that you have failed...

Derpin USA's picture

A very enlightened argument. Be sure to upvote the parent comment, ZH readers. Let's make sure everyone knows it's indicative of the mindset here.

phyuckyiu's picture

Hey you must be Herpin Derpin from Derpstein, USA! Tmosley and I have been expecting you.

StychoKiller's picture

Yo, the only coluds that matter on this site are Silver & Gold, get you some!

oldman's picture

and the first rule is to call you out, bro'

XenoFrog's picture

I was agreeing with you, genius.

Al Gorerhythm's picture

You are either a troll or an idiot. Which is it?

nonclaim's picture

Don't worry, overfeeding a troll has many positive results like a really tired brain after a while. In the end it is just a big ego idiot behind the mask, no super powers no matter how much he sucks O balls dry.

TheProphet's picture

Trolls gotta eat too, sweetheart :-)

TheProphet's picture

Trolls gotta eat too, sweetheart :-)

TheProphet's picture

Trolls gotta eat too, sweetheart :-)

Monedas's picture

Senator Durbin USA ? Is that you ? Monedas 2011 You can't hide from the Monedas !