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Obama Addresses California - Live Webcast: Will He Discuss Record High Gas Prices?

Tyler Durden's picture


The president is about to speak in Keene, CA, just off Bakersfield, where he will announce the establishment of the Cesar Chavez national monument. That at least is the official topic. What everyone is curious about is if Obama will bring up the topic that is on every Californian's mind today: gas prices that have never been higher.  Find out shortly if the recent gas price breakout is once again the work of evil, evil speculators, some of whom may not even have a printing press, or if the market's discounting of $1 trillion in new Treasury monetizations by the Fed, or roughly half the budget deficit through 2014 has anything to do with it. Also, certainly keep an eye on RBOB and various energy margin hike after the close. After all, Obama is not known as the margin hiker-in-chief for nothing.


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Mon, 10/08/2012 - 14:25 | 2868731 vmromk
vmromk's picture

Obama = BOZO

Mon, 10/08/2012 - 14:30 | 2868741 slaughterer
slaughterer's picture

Obama the Saviour will dramatically announce the SPR release in order to "save" CA.  

Mon, 10/08/2012 - 14:37 | 2868763 chumbawamba
chumbawamba's picture

If we all use our collective subconscious and focus it on Keene, California, we could summon a swarm of flesh eating locusts that have a particular affinity for Kenyans.

I am Chumbawamba.

Mon, 10/08/2012 - 14:52 | 2868818 economics9698
economics9698's picture

Romney exposed the fraud, why are his lips still moving?  

Mon, 10/08/2012 - 15:06 | 2868872 DoChenRollingBearing
DoChenRollingBearing's picture

He just finished: "Si se puede, si se puede!"

I say: "Oro, putaz!"

Mon, 10/08/2012 - 15:21 | 2868900 redpill
redpill's picture

One could say bringing up Cesar Chavez is just a dog whistle for Mexicans, but then I remember you're only allowed to say such things if you're talking about white people and accusing them of racism.


And I concur with señor RollingBearing.  ¡Oro y plata, putas!

Mon, 10/08/2012 - 15:22 | 2868920 MillionDollarBogus_
MillionDollarBogus_'s picture

Romney promised a raise for the middle class if elected.

I'm middle class.

He has my vote.


Mon, 10/08/2012 - 15:27 | 2868935 redpill
redpill's picture

But no phone?  Well fuck dat!  Here I's a comin Obammy!

Mon, 10/08/2012 - 19:11 | 2869384 Bicycle Repairman
Bicycle Repairman's picture

MDB at a break even.  LOL.

Mon, 10/08/2012 - 15:35 | 2868951 knukles
knukles's picture

Amazing how the "we"s of the world have all of a sudden had it, period, with that leftie racist accusation crap.
(Disclaimer: I don't believe that whether the lefties or righties win or loose is gonna make a bit of difference, for its gonna be the same old shit for every significant policy under heaven, gonna just be the rhetoric that changes)
There is a singular point and don't ask me where mine was, that I can only be told I'm a racist so may times for having a good faith difference of opinion about economic ,social and political issues and be accused of being a racist... when in fact, what I am speaking of a difference about has absolutely Nothing To Do With anybody's race, color, creed, religion, social background, voting preference and the like.
None, nada, naught, zero, zip, end of conversation.
At some point I give up.
At some point where the people yelling race are the one's actually playing the so called race card, are indeed the very racists they wish to defame and extinguish, then somewhere along the way, they loose me.

For they have displayed bad faith, a lack of character, immaturity and deception.

Indeed, I begin to act and most importantly react in the very same fashion they perpetuate by their words and deeds and claim to loath.
And the topic is far too big and important to be abused in such a manner.
Racism... look, popping up it's very ugly head worse than I can remember in ages, and seemingly to me being fueled by those who are supposedly the bearers of the liberal ultimate inclusive agenda.

I am  disgusted.
Ya'll are loosing a very large audience.....
A very large audience who as mature rational individuals had thought this type of malfeasance was well past.

Mon, 10/08/2012 - 21:49 | 2869644 StychoKiller
StychoKiller's picture

I posted this comment on the Tea Party on some time ago:


The left doesn't need to show respect I guess when they have thugs who steal their money in the form of taxes.

[quote]"What I can't figure out is why some people are so threatened or angry at the Tea Party movement. What threatens them?"[/quote]

Perhaps what threatens the "Progressive" world view of those others is the Tea Party principles:   Small government, fiscal responsibility, following the Constitution, and education about rights.

After all, none of these principles actually support the "Progressive" notions of an all-powerful US Govt. dictating everything EVERY Citizen should or should not be doing while they're alive in the USA.

There are no valid (or perhaps honest is better) counter principles to be had for the typical "Progressive" (Socialist Decepticrat?).  Can you imagine arguing in favor of an "Irresponsible Fiscal Policy?"  How about "Ignoring the US Constitution?"   How about "Less Rights Education for our Children?"  Let's see the hands in favor of a LARGER Federal Govt...

If they were to be completely and Intellectually Honest about what they ("Progressives") are supporting, everyone would see the "Emperor has no clothes."  So they have to grasp at straw men, such as "Racism", "Idiocy", "Hatred", etc. to hide their own lack of good counter arguments.


Mon, 10/08/2012 - 16:25 | 2869052 MiltonFriedmans...
MiltonFriedmansNightmare's picture

Betcha he didn't mention Hugo Chavez's endorsement of last week.

I'll betcha.

Mon, 10/08/2012 - 14:52 | 2868819 kaiserhoff
kaiserhoff's picture

Are Voodoo dolls illegal in the States?  Just asking.

Mon, 10/08/2012 - 16:14 | 2869027 Lost Wages
Lost Wages's picture

Dolls are legal, but zombification drugs are not.

Mon, 10/08/2012 - 16:31 | 2869063 Raymond K Hessel
Raymond K Hessel's picture

You need a prescription for that.

Mon, 10/08/2012 - 18:43 | 2869318 knukles
knukles's picture

Free on Obamacare if you're over 70

Mon, 10/08/2012 - 19:01 | 2869351 Hi Ho Silver
Hi Ho Silver's picture

Covered under Obamacare.

Mon, 10/08/2012 - 22:59 | 2869785 A Nanny Moose
A Nanny Moose's picture

If there isn't already, there should be an app for that. Makes it easier to sniff out those who "hate us because we are free"

Mon, 10/08/2012 - 14:40 | 2868772 Dr. Engali
Dr. Engali's picture

Yeah but oil isn't the problem, it's been coming down. The problem is an infrastructure problem. No amount of oil from the SPR can fix that.

Mon, 10/08/2012 - 17:37 | 2869189 Chuck Walla
Chuck Walla's picture

¡Sí se puede! 

we haven't built a new refinery in how many years? Now, the bill for ignorance and economic stupidity has come due(in so many ways).


Mon, 10/08/2012 - 18:00 | 2869231 LMAOLORI
LMAOLORI's picture



I guess the environment isn't so important after all say's Jerry Brown

Mon, 10/08/2012 - 23:00 | 2869791 A Nanny Moose
A Nanny Moose's picture


Mon, 10/08/2012 - 19:13 | 2869387 Bicycle Repairman
Bicycle Repairman's picture

When and where was the last refinery built?

Mon, 10/08/2012 - 20:18 | 2869505 Umh
Umh's picture

What idiot would build a refinery in the US? Just think about that for a while! Why would I build something for the STATE to confiscate?

Mon, 10/08/2012 - 22:06 | 2869687 StychoKiller
StychoKiller's picture

"Working on de Sunday, in refinery;

Make a million for de Texans, twenty dollar me..."

Rolling Stones, "Luxury", on "It's Only RocknRoll"

Mon, 10/08/2012 - 15:12 | 2868874 Temporis
Temporis's picture

si se puede!! 




Mon, 10/08/2012 - 22:23 | 2869714 NidStyles
NidStyles's picture

No way, Bozo was awesome. Obama is the dirty. douche dribble. He's not even good enough to be the receptacle of the bag itself, much less the bag. He's just the dirty dribble from the used douche.

Mon, 10/08/2012 - 14:28 | 2868735 Deathrips
Deathrips's picture

He should take a long walk in the central valley..with no supplies himself. Not the end of this all...but a good start.

Mon, 10/08/2012 - 14:31 | 2868745 djsmps
djsmps's picture

The President is about to speak...........................eventually.

Mon, 10/08/2012 - 16:03 | 2869008 knukles
knukles's picture

"I hear ya talkin'
But it don't soak in..."

Mon, 10/08/2012 - 23:02 | 2869794 A Nanny Moose
A Nanny Moose's picture

In Keene, CA....Keene....Cawlifawniah.

Claim to fame....the loop in the Choo Choo tracks.

Mon, 10/08/2012 - 14:32 | 2868746 Jim in MN
Jim in MN's picture


My Mom had that button.  I took it literally as a child and thought better of him.

Mon, 10/08/2012 - 14:35 | 2868754 Comay Mierda
Comay Mierda's picture

20 minutes late


Mon, 10/08/2012 - 14:50 | 2868813 Sixdeuce062
Sixdeuce062's picture

Don't worry the Presidents here we are just waiting on the TOTUS to arive.........

Mon, 10/08/2012 - 14:35 | 2868760 CloseToTheEdge
CloseToTheEdge's picture


Mon, 10/08/2012 - 14:54 | 2868825 BandGap
BandGap's picture

What does MTBE have to do with this? I thought that was outlawed in CA after they discovered the by-products of combustion are carcinogenic, not to mention having a propensity for MTBE to find it's way into ground water.

Mon, 10/08/2012 - 14:35 | 2868761 Harriet Wanger
Harriet Wanger's picture

While I can understand sarcasm about speculators being responsible for high commodity prices, I also think that prices are being driven more by speculation than by supply and demand, which means I'm taking it in the shorts.

Allowing speculators to roll over their futures positions is insane. Take away that bit of bizarre "modernization," and prices will start adjusting back from bankster-wet-dream land.

Mon, 10/08/2012 - 14:38 | 2868771 mpodval
mpodval's picture


Mon, 10/08/2012 - 14:49 | 2868811 kridkrid
kridkrid's picture

Nixon saved the dollar fom evil speculators when he closed the gold window. He said so himself. It's always the cover. Always. Blaming speculators is retarded.

Mon, 10/08/2012 - 15:03 | 2868859 Urban Redneck
Urban Redneck's picture

1) How do you differentiate a speculator rolling a position from a hedger rolling position?

2) How do you match terms and provide market depth if positions cannot be rolled?

3) How do match products and still provide market depth when there aren't the are nowhere near the depth of paper oil products to match physical oil products whose price risk a commercial oil consumer seeks the hedge?

Without solving the above, the only the effect of trying to "clamp down" on speculators is to raise prices for everyone.

And by the way, if someone were to actually try to reign in the evil speculators, there's a small group of guys Geneva who trade 1/3 of the world's paper oil (far more than the US physically consumes), and can create and EUR denominated paper oil at the drop a hat, which would have a far greater impact on the USD cost of oil products that US consumers pay, throwing a big fat wrench in Barry's endless summer recovery plans, at the same time the effect EUR would throw a big fat wrench in Frau Ferkel's endless debase and export designs.

Brighter and more skilled leaders might be able to come up with something workable, but I wouldn't hold out hope for the current crop of cretins to do anything other than screw up the situation and screw over the masses.


Mon, 10/08/2012 - 15:10 | 2868883 Urban Redneck
Urban Redneck's picture

That's not to say there aren't a bunch of things that can't be done around the periphery like killing the ETF's- since neither Granny nor Goldman Sucks are properly hedging through those sorts of products.

Mon, 10/08/2012 - 15:47 | 2868980 XitSam
XitSam's picture

This has been, at least in part, inflicted on California by their elected representatives with special fuel mixtures.

Mon, 10/08/2012 - 19:16 | 2869395 Bicycle Repairman
Bicycle Repairman's picture

Yeah, got to keep those special "Cali" ingredients available and to create "Cali" gasoline takes two extra steps.  It's impossible.  I hate Cali.

Mon, 10/08/2012 - 14:38 | 2868768 redd_green
redd_green's picture

As if Obama has anything to do with gasoline prices in California, or anywhere else for that matter. :(

Mon, 10/08/2012 - 14:38 | 2868769 foodstampbarry
foodstampbarry's picture

Let me be perfectly clear....I have no idea what the hell I'm doing.

I'm Barik Obama and I approved this message.

Mon, 10/08/2012 - 14:40 | 2868775 Dre4dwolf
Dre4dwolf's picture

Lol everytime someone mentions Obama , I can only think of the Obama phone lady.... so bad.


Mon, 10/08/2012 - 22:37 | 2869743 Cathartes Aura
Cathartes Aura's picture

working as intended serf.

(not a voter, Bernays sends his regards)

Mon, 10/08/2012 - 14:40 | 2868776 Mercury
Mercury's picture

I bet he dedicates it to "Hugo Chavez" instead.

Mon, 10/08/2012 - 14:56 | 2868837 Zymurguy
Zymurguy's picture

Sad that when I first saw the headline I thought it perfectly plausible that our president would be dedicating a statue to some commie.

Fuck this shit.

Mon, 10/08/2012 - 15:02 | 2868857 Mercury
Mercury's picture

At least he's now reminding us that subsistence labor is the future.

Mon, 10/08/2012 - 17:42 | 2869205 Chuck Walla
Chuck Walla's picture

Sad that when I first saw the headline I thought it perfectly plausible that our president would be dedicating a statue to some commie.

Um, he is. Caesar was a fellow traveler.

FORWARD SOVIET! to the gas station and welfare office...

On a lighter note, the company that manages and financially gains from ObamaFone is heavy Democrat bundlers, the CEO and wife of TracFone!  I can hardly believe this.../sarc

Mon, 10/08/2012 - 14:42 | 2868783 firstdivision
firstdivision's picture

Couldn't be colluding refiners pulling and Enron strategy, could it?  Oh, no, colluding never happens according to economists and FixedIncome traders everywhere.

Mon, 10/08/2012 - 19:18 | 2869401 Bicycle Repairman
Bicycle Repairman's picture

The petroleum market is free and transparent, so that leaves Obama.

Tue, 10/09/2012 - 00:15 | 2869886 roadlust
roadlust's picture

Yeah, Obama told the Fed to boost gas prices three weeks before the polls to help his re-election effort...  oh, wait.    Ok, well, at least I'm sure it's not because oil companies want to make more money.

Mon, 10/08/2012 - 14:42 | 2868785 PUD
PUD's picture

$10 gas=

1/2 the obesity rate

1/2 the environmental damage

1/2 the ave car size

more public mass transit

better health

less congestion

the higher it goes the more I like it

Mon, 10/08/2012 - 14:46 | 2868790 Mercury
Mercury's picture

That kind of thinking is in a nutshell why California is now broke and has the highest gas prices in the country.

But I'll be happy to sell you $10 gas if it makes you feel better...

Mon, 10/08/2012 - 14:47 | 2868801 PUD
PUD's picture

Evil speculator?

$10 gas or higher would be the best thing for this country and the planet.

Communities would stop urban sprawl, there would be instant health benefits, families would be compelled to become nuclear again etc etc

Mon, 10/08/2012 - 15:51 | 2868988 XitSam
XitSam's picture

I don't see any health benefits from radioactive families.

Mon, 10/08/2012 - 19:35 | 2869437 General Decline
General Decline's picture

Urban sprawl has already pretty much stopped here in mentally-Illinois. You can see the start of new subdivisions turning back into cornfields. It'll be interesting to see a farmer run his $100k+ combine into one of those 7200 volt ground level transformers. Popcorn anyone?

Mon, 10/08/2012 - 14:49 | 2868808 PUD
PUD's picture

Perhaps you would like living in China then? Cheap gov set price for gas and air you cannot breathe?

Tue, 10/09/2012 - 00:13 | 2869880 NidStyles
NidStyles's picture

Boy you are not a stranger to contradictory commentary are you?

Mon, 10/08/2012 - 15:05 | 2868866 Ms. Erable
Ms. Erable's picture

You forgot:

1/4 the food production;

$15/lb. ground beef;

Food riots;

Mass starvation.

Fuck Obama, Fuck Caesar Chavez, Fuck Romney, and Fuck You.

Mon, 10/08/2012 - 15:31 | 2868942 kridkrid
kridkrid's picture

No problem there... We simply create legislation to make it illegal to sell beef for more than $5/lb. next? Oh, riots and starving...also illegal. Next?

Mon, 10/08/2012 - 16:44 | 2869084 Ms. Erable
Ms. Erable's picture


Soylent Green, of course. Cheap and plentiful.

Mon, 10/08/2012 - 15:32 | 2868946 Sixdeuce062
Sixdeuce062's picture

and free obama phones

Mon, 10/08/2012 - 18:58 | 2869348 ThisIsBob
ThisIsBob's picture

He didn't make that phone.

Mon, 10/08/2012 - 20:23 | 2869513 Umh
Umh's picture


Mon, 10/08/2012 - 15:35 | 2868949 e-man
e-man's picture


There is nothing stopping you from paying $10 for gas, eating every other day, and living up in a tree right now.

Or did you mean you wanted that just for other people?

Mon, 10/08/2012 - 19:19 | 2869403 Bicycle Repairman
Bicycle Repairman's picture

You left out more fuel taxes.  Sweet.

Mon, 10/08/2012 - 14:43 | 2868786 Arcturus
Arcturus's picture

The high prices in Cali are form their idiotic "special" blends. And that the Richmond refinery burnt up last month. Not sure if this is Bushes or Obama's fault.

Mon, 10/08/2012 - 14:54 | 2868824 youngman
youngman's picture

Its Californias fault...period..they vote for this save the enviroment and world stuff...let em pay for it....there are over 45 different blends for California...its absurd....and new regulations come on line all the time...I hope they get to $10 a gallon...I have a penthouse in downtown Denver I want to sell to some Californian...

Mon, 10/08/2012 - 14:43 | 2868787 blu
blu's picture

I don't think he'll mention the record price of gas at all. He'll talk about the need to create worth-while jobs for Californians.

Fuel and oil are becoming the third-rail of national politics.

Mon, 10/08/2012 - 15:10 | 2868886 Oldwood
Oldwood's picture

If words come from his lips that are part of a prepared speech, they are lies that have been calculated for their broadest appeal. When he speaks without notes we are most likely to hear what is in his heart, like at the end of the debate when in closing he said that he wanted everyone in America to get their fair The middle class will be able to stay that way as long as they are willing to work two part time jobs, while the rest will precipitate out into the entitlement class, dependant on government. So watch for the unemployment number to continue to fall as things get better and better. Obamacare has redefined full time as anything over 32 hours now, so they won't be able to say the recovery is due to part time jobs.

Mon, 10/08/2012 - 16:18 | 2869035 Richard Chesler
Richard Chesler's picture

Don't forget "undocumented americans".

Mon, 10/08/2012 - 19:24 | 2869414 Bicycle Repairman
Bicycle Repairman's picture

The truth is becoming the third-rail of national politics.

Mon, 10/08/2012 - 14:45 | 2868791 ziggy59
ziggy59's picture

Only gas this guy will spew will be...CH4

Either opening is a guess...

Mon, 10/08/2012 - 15:04 | 2868863 lead salad
lead salad's picture

My thoughts when I saw the title of this post. Maybe owebama can shit a refinery while he's there.

Mon, 10/08/2012 - 14:53 | 2868796 LeisureSmith
LeisureSmith's picture

Bozo The Assclow, Latin vote asskisser Extraordinaire. Characteristic traits: His mouth always smells like ass.

Mon, 10/08/2012 - 19:11 | 2869382 conspicio
conspicio's picture

...his mouth always smells like Reggie Love's ass.


There. Fixed It.

Mon, 10/08/2012 - 14:48 | 2868805 Watts_D_Matter
Watts_D_Matter's picture

"Many of you traveled all night to be here"...YEA FROM MEXICO!

Mon, 10/08/2012 - 14:55 | 2868829 surf0766
surf0766's picture

Camera turns to the crowd. All are holding up ladders.

Mon, 10/08/2012 - 14:51 | 2868814 surf0766
surf0766's picture

Social Justice what complete shit..

Mon, 10/08/2012 - 14:51 | 2868815 Watts_D_Matter
Watts_D_Matter's picture

Is the guy inroducing the other communist here legally?

Mon, 10/08/2012 - 14:52 | 2868817 MountainMan
MountainMan's picture

The welcome, the band playing on...what a FUCKING JOKE!

Mon, 10/08/2012 - 14:54 | 2868820 Watts_D_Matter
Watts_D_Matter's picture

Is the crowd chanting...Four more EARS?  Too Funny!

Mon, 10/08/2012 - 14:54 | 2868823 Bunga Bunga
Bunga Bunga's picture

Please keep gas cheap. Even subsidize it! The earlier this whole economic idiocy is over.

Mon, 10/08/2012 - 15:06 | 2868869 djsmps
djsmps's picture

At least keep it cheap until after the election.

Mon, 10/08/2012 - 14:54 | 2868826 elwu
elwu's picture

What high gas prices?

In Europe, you pay between 1.70 and 2.20

Euro per Liter, that is.

Translates to something like 10$/gallon.

Now, tell me again about the high gas prices in California.

Mon, 10/08/2012 - 15:02 | 2868853 Zymurguy
Zymurguy's picture

Every forum/blog discussion anywhere on the interweb pertaining to high gas prices in the US envokes some asshat comment about the price of fuel in Europe.

Note to you:  We don't fucking care.  Their monetary system, their taxes, their fees, and their consumption are nothing like ours.  It doesn't compare and doesn't fucking matter.

I'm sure the cost of tea in China isn't the same as it is here, get it?... sheesh.

Mon, 10/08/2012 - 15:16 | 2868907 kaiserhoff
kaiserhoff's picture

Well yes, those comparisons are difficult at best.  Completely alternate lifestyle and expectations.

But did you ever see three or four completely made-up fashion model types, unfolding out of a damn fiat?

Like a fucking clown car, but tons better.  Always laugh till I nearly split a gut.

Tue, 10/09/2012 - 00:27 | 2869894 roadlust
roadlust's picture

Yeah, Euros lead a better lifestyle, are more educated, live longer and healthier lives, have more free time and vacations, and are generally happier than most Americans.  You can't compare that to this shithole country.  Of course gas is lower here.  As is the national IQ!

Mon, 10/08/2012 - 15:58 | 2869001 elwu
elwu's picture

Of course, one can be as ignorant as he or, according to your avatar, she, pleases.

But a lot of Americans know it matters, and therefore care and compare.

Because they know it is just a question of time, when the gas prices in the US ar on the level as they are -now- in Europe.

So, sheesh yourself, miss.




Mon, 10/08/2012 - 19:28 | 2869423 Bicycle Repairman
Bicycle Repairman's picture

I think you missed the gist of Zymurguy's comment: get bent.

Mon, 10/08/2012 - 15:24 | 2868927 Bunga Bunga
Bunga Bunga's picture

You don't understand the needs of Americans. A compact car simply doesn't work in USA. You need at least a V12 8 mpg truck to survive. And it's actually an insult to Americans to even pay for gas. They have a right on free gas.

Tue, 10/09/2012 - 00:11 | 2869874 Common_Cents22
Common_Cents22's picture

steven chu has been quoted that he wants US prices the same as Europe.  

Mon, 10/08/2012 - 14:56 | 2868838 slaughterer
slaughterer's picture

Obummer is killing my NFLX!

Mon, 10/08/2012 - 14:57 | 2868841 lolmao500
lolmao500's picture

I'm gonna laugh if high gas prices ends up giving California to Romney! That would be HILARIOUS!

Mon, 10/08/2012 - 14:59 | 2868845 Zombie Investor
Zombie Investor's picture

I seem to recall that Cesar Chavez was actually opposed to illegal immigration, because it drove the wages paid to Hispanic-Americans.  Is that correct?

Mon, 10/08/2012 - 14:59 | 2868849 Zen Bernanke
Zen Bernanke's picture

Obama should move to California after his loss next month.  He'll fit right in there. 

Mon, 10/08/2012 - 15:00 | 2868850 PUD
PUD's picture

Barack Abraham Lincoln Obama....what a pandering pos

Mon, 10/08/2012 - 15:01 | 2868852 slaughterer
slaughterer's picture

Obummer's words are levitating AAPL!

Mon, 10/08/2012 - 15:02 | 2868855 Spielbank
Spielbank's picture

The question is: Who is running this country while this guy speaks about freedom and confidence?

Mon, 10/08/2012 - 15:08 | 2868878 Ms. Erable
Ms. Erable's picture

Don't worry, Blankfiend's at the helm - as he is every day.

Mon, 10/08/2012 - 18:27 | 2869287 JohnnyBriefcase
JohnnyBriefcase's picture

I'm sorry, do you honestly believe that Barack Obama Runs this country?!


Seriously? Like he is in some sort of control center pushing buttons and pulling levers?


*walks away mumbling incoherently*

Mon, 10/08/2012 - 15:03 | 2868862 BlackholeDivestment
BlackholeDivestment's picture

...well this explains the quakes in Cali today.

Mon, 10/08/2012 - 15:04 | 2868864 geotrader
geotrader's picture

Nice speech.  

Mon, 10/08/2012 - 15:05 | 2868865 MountainMan
MountainMan's picture

WTF? What happened to the SPR release comments? I've been sitting like a dolt all day on my CL short!

Mon, 10/08/2012 - 15:05 | 2868867 LeisureSmith
LeisureSmith's picture

End of Prompt.

Mon, 10/08/2012 - 15:08 | 2868880 uncle_vito
uncle_vito's picture

Damn ass boosted the market.

Mon, 10/08/2012 - 15:10 | 2868884 pashley1411
pashley1411's picture

If this was a GOP-run state, Obama would have already appointed someone from GS to run the place according to the WH wisdom-of-the-moment.

But seeing as CA has already surrendered to the bankers...

Mon, 10/08/2012 - 15:26 | 2868932 q99x2
q99x2's picture

He's back to smoking and using again. Impeach him.

Mon, 10/08/2012 - 15:39 | 2868966 Rick Blaine
Rick Blaine's picture

"In a very, very rare public speaking appearance..."

Serious question - Does this guy ever actually do any real work?

Let me rephrase that - Has this guy ever done any real work? even going back to high school - did he ever have a real job? (e.g., a waiter or a checkout clerk at a grocery store)?

Mon, 10/08/2012 - 15:58 | 2869004 XitSam
XitSam's picture

As an associate at Miner, Barnhill & Galland. As I recall, Michelle has said that he did not like the corporate environment.



Mon, 10/08/2012 - 18:11 | 2869252 _SILENCER
_SILENCER's picture

He's never worked a fucking goddamn day in his red diaper baby existence.  He's been an empty suit fraud his entire life, a perfect simpleton blowhard to be the puppet in chief for his Globalist masters.

Mon, 10/08/2012 - 15:47 | 2868974 woggie
woggie's picture

a response to chew on

Mon, 10/08/2012 - 16:07 | 2869017 BeetleBailey
BeetleBailey's picture

To HELL....with Barack Insane Obamacunt....

Tell me...why is his wookie wife's puss plastered on his ads?

Mon, 10/08/2012 - 16:23 | 2869045 kaiserhoff
kaiserhoff's picture

Cheaper than roach repellant?

Mon, 10/08/2012 - 16:38 | 2869078 topspinslicer
topspinslicer's picture

It's nice to see the kooks from one coast are communicating with the kooks on the opposite coast

Mon, 10/08/2012 - 17:03 | 2869125 SmittyinLA
SmittyinLA's picture

Cesar Chavez hated illegal immigration and lamented the exploitation his whole life, he would be offended by the corporate douchbag Obama getting credit for his work but then again most of those that use his name support importing alien scab labor-and shafting the taxpayers with the bill.



Mon, 10/08/2012 - 17:27 | 2869169 lostcause
lostcause's picture

 "Don't worry!" "I believe Solyndra has some left over Solar Panels somewhere."

Mon, 10/08/2012 - 17:49 | 2869217 toomanyfakecons...
toomanyfakeconservatives's picture

Pitchforks and torches will be raised... unless the MASS ARRESTS of the political-financial criminals takes place...

Mon, 10/08/2012 - 18:30 | 2869295 JohnnyBriefcase
JohnnyBriefcase's picture

That would be like me arresting myself.

Mon, 10/08/2012 - 18:07 | 2869244 MOLONAABE
MOLONAABE's picture

Maybe i can sell my obumer phone for some gas $$$$

Mon, 10/08/2012 - 19:28 | 2869420 neuroreceptor
neuroreceptor's picture

Here in Belgium unleaded fuel is $6.70 US gal. A fellow at the pump ahead of me complained about the rising cost. I blamed Obama.

Mon, 10/08/2012 - 21:18 | 2869598 Yes We Can. But...
Yes We Can. But Lets Not.'s picture

Um, no.  Obama is blameless.  Everything is Shrub's fault.  'Obama' is a Swahili term meaning blame the paleface.

Mon, 10/08/2012 - 23:01 | 2869788 JuicedGamma
JuicedGamma's picture

From Wikipedia

"César Estrada Chávez was born on March 31, 1927 in Yuma, Arizona, in a Mexican-American family of six children.[2] He had two brothers, Richard (1929–2011) and Librado, and two sisters, Rita and Vicki.[3]"


Tue, 10/09/2012 - 00:10 | 2869873 roadlust
roadlust's picture

If you've got a couple billion to manipulate oil futures, you've got a printing press.  (See: Enron)

Tue, 10/09/2012 - 04:58 | 2870007 Colonial Intent
Colonial Intent's picture

This congressman has an M.D. from the Medical College of Georgia and a B.S. in chemistry from the University of Georgia at Athens. He's on the House Committee on Science and Technology and chairs of one of its subcommittees on investigations.

"All that stuff I was taught about evolution and embryology and the Big Bang Theory, all that is lies straight from the pit of Hell. And it’s lies to try to keep me and all the folks who were taught that from understanding that they need a savior ...  And that’s the reason as your congressman I hold the holy Bible as being the major directions to me of how I vote in Washington, D.C., and I will continue to do that," 

Liar or madman?

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