This page has been archived and commenting is disabled.
Obama Addresses The Nation Over The "Debt Ceiling Stalemate"
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:
»
- 12030 reads
- Printer-friendly version
- Send to friend
- advertisements -
Yes, Bush did it. You are now free to put a bullet in your head, with our blessings.
Re-elct Oweblahma! Vote Ron Paul!
Whining on ZH is not approved of. That will be 12 demerits.
i distinctly remember much of the vitriol aimed at Dubya in the summer of 2003 (the equivalent of the current presidential time period) approaching shrill levels actually.
one key difference : W was smart enough to play dumb so much of the hate got pawned off on his coven (cheney, rove, rumsfeld, etc), whereas O is dumb enough to play smart, thus of all the energy is directed smackdab on him.
but like dude said, he asked for the job.
Wait a minute! POTUS,(the first black Barney Fife), was on TV tonight?
It is so rare that I hated to miss it.
Dog
PS- Why isn't he on vacation? (In Kenya.)
Gold up a bit, same with silver. Weird.
...see, this is why I don't drink anything while I'm near the keyboard and on ZH.
...still laughing at that one.
Is it the Boehner collapse yet?
Moron, it was the Squirrel collapse. The King wants what he wants. What were you watching? Yer dick?
Fuck you butt lip, Boehner, Weimar, get it?
Piss off, Lib. Your hero totally sukked.
Yep, I'm a Lib. Yep he sucks. Nope not my hero.
Hah Hah- implying interest rates rising would be a negitive scarey thing? How many people in America sat up straight and started listening. I'll take the good old days of 10% pass book savings- say when? Bring that kind of stimulus ASAP. applause !!
You have a dup. I only remember 8% muni bond rates. We had 10% pass book savings?
Oblama: "Hey America all your mortgage and Credit Card Rates are gonna go up you debt slave f)ckers. Now you better Support one plan or the other, anything but default because SocSec won't go out and VA bennies."
I can't wait until they Cut Vet Disability. Vets on 50%+ Disabilty are gonna get pissed off so fast. Ain't gonna be pretty.
I forsee lots of Smoke* coming from 'certain' buildings. If you know what i mean.
Vietnam, Korea, and Iraq vets are awoke and have been prepping for a LOOONG time. Many more are awakening to the 9-11 Inside Job. Combine that with Cut Va Disability.
You ain't kidding. Don't know how many of the Korea vets are still spry enough to really get much going (though I don't discount them, either-) but the Iraq and Vietnam boys are chomping at the bit.
I know a lot of them, myself. Good men, and prepped like you wouldn't imagine.
Hah Hah- implying interest rates rising would be a negitive scarey thing? How many people in America sat up straight and started listening. I'll take the good old days of 10% pass book savings- say when? Bring that kind of stimulus ASAP. applause !!
We'll be eating each other soon enough. It's almost on bitchez.
Where CPL when you need him?
Just raise the debt ceiling, who cares? We are not going to pay our existing debt anyway regardless of how much you cut and cap. Also, with the Fed around we are defaulting on the dollar via devaluation (QE) and otherwise so. Who cares? Do not raise taxes, give a tax break instead and increase the debt ceiling and spend more. Everyones happy. To hell with everything else as if it mattered anyways.
Damn, that brotha Barry is one messed up dude. Can he explain how raising taxes is going to lower
unemployment
Gas Prices
Food Prices
How is more spending going to solve the problems that 14trillion in spending got us here?
You need more blow to get to the King's level on eCONomics. He ain't fond of TEA.
Time for him to bend over and let the Tea Party and let the Tea Party give it to him in humiliating style. The way I see it he can either let the Tea party embarrass him and sign whatever bill they present while he goes down in flames in the 2012 election...or he can let this fucker default and get impeached...or he can invoke the 14th amendment and get impeached. He's fucked all 3 ways and he knows it. He has no cards to play. Kucinichich wants to impeach him for starting a war in Libya. He is right and America would support this and he could not defend himself or justify this war in a trial. He has so much to be ashamed of as a man. He's a whore. Bush was at least smart enough to cover his bases while he fucked this nation over. He made the mistake to think his sponsors could and would protect him from anything. He's going to be an outcast soon.
He needs no help embarrassing himself. His 43% approval will be under 40% by Tues. Lucky for him, he has 23% of the populace being total morons. That's the support level.
You sir, are a moron.
Who you calling 'sir'? I'm enlisted, dammit!
- R. Lee Ermey
A double/ double R. Lee Ermey... LMFAO!!! NICE post. Yes I have a sense of humor, and acknowledge humor.
Great group! Radar Love!!!
I work in Alaska for one of those evil oil companies. You know what we do when our taxes go up, thanks to little miss Palin? We take our money and SPEND IT ELSEWHERE. By by....
I can't help but notice that you left out the part where you get an anual multithousand dollar payment essentially from those oil companies . . . at least if you're a legal resident of Alaska. Those people have something on the ball, at least. WTF would you leave?
Bob, I understand - it's so easy to hate oil companies. I think it's part of the DNA or something. Oil companies spend Billions of real dollars risking gobs of money hoping to hit oil and make their money back. We have the endless environmental permits, pissed off people that hate our guts, law suits, etc. before we ever even start to produce a drop of oil. Risk man, real risk. Takes money to make money right?
If you're really interested in what it's like, I suggest a great book, "The Last Alaskan Barrel" by John Miller, who was part of the whole north slope development. It's a short easy read that gives insight like no other I've seen. After reading it, then ask who got the worst deal in developing the north slope; the Feds, the State, the people or the oil companies? Answer: the oil companies hands down. Turns out the NPV for the whole north slope has provided the same profits as simply taking those billions and buying T-bills. Think of the risk taken on, the jobs created, the energy produced for our country. And the reward has been proven absolutely to be peanuts with assholes screaming for more taxes, ever higher taxes. Stupidity beyond belief.
Nope, I'm not leavin' the State for at least a few more years, it's a great place to hide out and watch the fire works down south. But the oil companies have slowed way down on their drilling up here, both due to the taxes and the fact you can't get permits if you did want to drill. The slope is toast in a few years if something's not done. So the oil companies go take their money and drill somewhere else. No more jobs for us. We import more and more oil. So how do we balance a budget if our current account is so lop sided importing so much oil. Answer, we can't. Game over in yet another way. Financial disaster is one thing, we can recover from that. Without energy; well, I hope you've bought a pup tent.
Winning. That's all you need bro. Keep it up.
Bueller,Bueller,Bueller? Man I love Ben Stein!
Why?
What's your Yen tonite?
errr
Moron dupper. You don't have to hit 'save' every 5 seconds. That is why your browser sez 'waiting for....'
Goes for the rest of you dips. There is no glitch in the site; it is in your impatience.
I'm sure you love cats ... you certainly have the personality of one.
I have a question for the liar-in-chief.. Who in the fuck is going to pay for your new task force? Your bullshit on cutting cost while creating new expenses is transparent
FACT SHEET: Strategy to Combat Transnational Organized Crime
http://www.whitehouse.gov/the-press-office/2011/07/25/fact-sheet-strategy-combat-transnational-organized-crime
We can save you a lot of money by issuing you a detailed report of the crimes within your administration. Stop your lies.
I hang on his every word. Oxygen gone in 3, 2....
Wow
What a hit job by both!
I didn't expect much... really
but this was so .............whats the word I'm looking for......
beneath dignity
I am embarrassed for US.
Damn, country tries and give a no qualified idiot a chance to be president , and look what happens.
It's all ball bearings these days Tyler... Arrows and such? Thank goodness for g-550's...
No Politician can save all you Obama 'defenders'. The USSA Titanic is going down. You either have your LifeBoat or are building it. OR, You are waiting for a Politician to build it. OR. You have your head in the Clouds and are clueless.
Normalcy Bias
Stockholm Syndrome
Green Pill
Kool Aid
Moron
Lack of Historical Knowledge
Socially CONditioned
Zombie
Can't comprehend the truth
-----People who Defend any Recent President or Speaker of the House, or any TV Host has one of them there things aforementioned wrong with them.
Omummer in Chief.
source: http://www.jokes4us.com/peoplejokes/comedianjokes/lewisblackjokes.html
Junk and it's diametric opposition. Nice!
You're asking for gratuitous up/downs.
I'll start.
Obama is unable to adapt to changing circumstances. The sign of a bad manager and a terrible investor.
Maybe not raising the debt ceiling would be a good thing as the increase in debt ceiling will encourage the U.S. to borrow more money from the world which the likes of Geithner and Bernanke will then distribute it to their buddies, the bankers and the rich corporations / individuals.
They would turn around and use the money to gamble in stocks, commodities and currencies resulting in millions of people pushed below the poverty line as they would not be able to afford even the basic necessities of live needed to exist.
It's high time politicians too learned to live within their means which most of the middle class families are now adopting. They have run into the wall of debt created over the last few decades as a substitute to declining or stagnant incomes.
http://www.marketoracle.co.uk/Article24581.html
Hey Garcam, Blow me!
My fellow Americans... I thought I would tell you all that we are soooooo... fucked!!
Thats it.. Good Night!
The captain of the Titanic had a small time window to make any difference at all during the crisis that sank his ship. Obama passed that point years ago. Even if he was Christ, he couldn't fix this. it is over
All this bullshit is cracking me up.
Admit I voted for Obummer because he sounded sincere & concerned about our future. BIG MISTAKE. He turned out to be a pathetic asshole.
I'm voting for Ron Paul this time. Austrian School economics.
a little slow to the ball, aren't ye?
I couldn't vote, as McKanes brought Pailing onboard...I'll admit, I too thought maybe, just maybe. Alas, fooled again.
Claw back the 16 trillion we gave to bail out the banks here and in Europe. Problem solved.
Funny, as I listened all I could hear was Henry Rollins...
http://www.youtube.com/watch?v=fxrd_jZJxkg
Statist showmanship in service of the status quo at its finest. :
All the Seniors on fixed income, or unemployed unfortunates living on SNAP, and 99 weeks of benefits love you when you ask for those with a little more to give a little more, Mr. President. Look into the camera with a stern fatherly gaze when you play the wealth envy card, Mr. President. We see big numbers for you there, Mr President. By the next election, they'll forget about the the healthcare exempions you gave your biggest contributors, and the FED bailouts for the Banks, Mr President. They'll be grateful to you, and only you Mr. President, just like FDR.
It isn't your fault that generations of Federal Government under-regulation , and under-taxation of the sleazy, heartless, Rich left the downtrodden, permanantly dis-advantaged Poor without a seat at the table, Mr President. You inherited this mess from your predecessors, and you are making great strides in fundamentally changing this Nation for the better, Mr President. Just blame this mess on the Republicans, Mr. President. Out in fly-over country, the rubes don't understand that we must keep the Banks solvent, Mr. President.
As distasteful as it will be, Mr. President, invoke Reagan. Slam the ball back into the Court of those nasty Republicans, Mr. President. We believe in the Keynesian dream, and are begging for leadership in working toward World Socialism under your guidance, Mr. President. We see great things in Amerika's future, Mr President.
That evil idiot Bush, started all those nasty wars we're saddled with the burden of fighting for oil, and to provide profits for the Banks, Mr. President. Try to say something that promotes Nationalist pride, Mr. President, and above all Unity. Cheap oil is the birthright of every Amerikan, Mr. President, so when you sign away Billions of our children's tax dollars, and order the deaths of our brave fighting men to prop up our failing Empire, that will mplode as soon as you're out of office, you're actually saving lives, Mr. President. You're doing God's work, Mr. President.
...to be continued if the whiskey wears off...
you can now buy mag threonate.
it must be frustrating for obama to be led by the bankers. at some level, he probably wants to make decisions himself.
what i did was multiply knox ounces (147.2 Million) by $1600 and took that # and divided it by $14.3 trillion (our debt)
I got 0.1665 %
we have only that minuscule % of what we owe...
DOOM!!!!!
do Oompa-Loompas do the same work?
do Oompa-Loompas do the same work?
EPIC FAILURE.
PS.: “By the way my fellow Americans as I was informed already by the Military complex which controls the house, we aint gona have any real deal that could compromise our war machine! Instead the MC already informed me that a new WAR plan is on going against some brown or yellow people so we could deliver “freedom” to them, hire more unemployed people in the process, generating more economic growth and save our country from economic disaster! You know the usual plan.
So don’t worry, everything is taking care, go back to your HBO, your junk food and underwater house payments. Uncle Sam has everything figure out already!
God bless, ONLY Us”
that still of obummer is fuckin priceless
The still of Mr. O says it all...asleep at the wheel, bitchez!
Thanksgiving 2022....
Winston, come into the dining room, it's time to eat," Julia yelled to her husband.
"In a minute, honey, it's a tie score," he answered.
Actually Winston wasn't very interested in the traditional holiday game between Detroit and Washington. Ever since the government passed the Civility in Sports Statute of 2017, outlawing tackle football for its "unseemly violence" and the "bad example it sets for the rest of the world", Winston was far less of a football fan than he used to be. Two-hand touch wasn't nearly as exciting.
Yet it wasn't the game that Winston was uninterested in. It was more the thought of eating another Tofu Turkey. Even though it was the best type of Veggie Meat available after the government revised the American Anti-Obesity Act of 2018, adding fowl to the list of federally-forbidden foods, (which already included potatoes, cranberry sauce, and mincemeat pie), it wasn't anything like real turkey.
And ever since the government officially changed the name of "Thanksgiving Day" to "A National Day of Atonement" in 2020, to officially acknowledge the Pilgrims' historically brutal treatment of Native Americans, the holiday had lost a lot of its luster.
Eating in the dining room was also a bit daunting. The unearthly gleam of government-mandated fluorescent light bulbs made the Tofu Turkey look even weirder than it actually was, and the room was always cold. Ever since Congress passed the Power Conservation Act of 2016, mandating all thermostats - which were monitored and controlled by the electric company - be kept at 68 degrees, every room on the north side of the house was barely tolerable throughout the entire winter.
Still, it was good getting together with family. Or at least most of the family.
Winston missed his mother, who passed on in October, when she had used up her legal allotment of life-saving medical treatment. He had had many heated conversations with the Regional Health Consortium, spawned when the private insurance market finally went bankrupt, and everyone was forced into the government health care program.
And though he demanded she be kept on her treatment, it was a futile effort. "The RHC's resources are limited," explained the government bureaucrat Winston spoke with on the phone. "Your mother received all the benefits to which she was entitled. I'm sorry for your loss."
Ed couldn't make it either. He had forgotten to plug in his electric car last night, the only kind available after the Anti-Fossil Fuel Bill of 2021 outlawed the use of the combustion engines - for everyone but government officials. The fifty mile round trip was about ten miles too far, and Ed didn't want to spend a frosty night on the road somewhere between here and there.
Thankfully, Winston's brother, John, and his wife were flying in.
Winston made sure that the dining room chairs had extra cushions for the occasion. No one complained more than John about the pain of sitting down so soon after the government-mandated cavity searches at airports, which severely aggravated his hemorrhoids. Ever since a terrorist successfully smuggled a cavity bomb onto a jetliner, the TSA told Americans the added "inconvenience" was an "absolute necessity" in order to stay "one step ahead of the terrorists."
Winston's own body had grown accustomed to such probing ever since the government expanded their scope to just about anywhere a crowd gathered, via Anti-Profiling Act of 2022. That law made it a crime to single out any group or individual for "unequal scrutiny," even when probable cause was involved. Thus, cavity searches at malls, train stations, bus depots, etc., etc., had become almost routine. Almost.
The Supreme Court is reviewing the statute, but most Americans expect a Court composed of six progressives and three conservatives to leave the law intact. "A living Constitution is extremely flexible", said the Court's eldest member, Elena Kagan. "Europe has had laws like this one for years. We should learn from their example," she added.
Winston's thoughts turned to his own children. He got along fairly well with his 12-year-old daughter, Brittany, mostly because she ignored him. Winston had long ago surrendered to the idea that she could text anyone at any time, even during Atonement Dinner. Their only real confrontation had occurred when he limited her to 50,000 texts a month, explaining that was all he could afford. She whined for a week, but got over it.
His 16-year-old son, Jason, was another matter altogether. Perhaps it was the constant bombarding he got in public school that global warming, the bird flu, terrorism, or any of a number of other calamities were "just around the corner", but Jason had developed a kind of nihilistic attitude that ranged between simmering surliness and outright hostility. It didn't help that Jason had reported his father to the police for smoking a cigarette in the house, an act made criminal by the Smoking Control Statute of 2018, which outlawed smoking anywhere within 500 feet of another human being. Winston paid the $5,000 fine, which might have been considered excessive before the American dollar became virtually worthless as a result of QE13.
The latest round of quantitative easing the federal government initiated was, once again, to "spur economic growth."
This time, they promised to push unemployment below its years-long rate of 18%, but Winston was not particularly hopeful.
Yet the family had a lot for which to be thankful, Winston thought, before remembering it was a Day of Atonement.
At least, he had his memories. He felt a twinge of sadness when he realized his children would never know what life was like in the Good Old Days, long before government promises to make life "fair for everyone" realized their full potential. Winston, like so many of his fellow Americans, never realized how much things could change when they didn't happen all at once, but little by little, so people could get used to them. He wondered what might have happened if the public had stood up while there was still time, maybe back around 2011, when all the real nonsense began. "Maybe we wouldn't be where we are today if we'd just said 'enough is enough' when we had the chance," he thought. Maybe so, Winston. Maybe so.
Great!!! thanks for sharing this information to us! sesli siteler sesli sohbet