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Biderman On Obama As The Worst 'Fiscal' President Ever
The US government will be bankrupt after another four years of the same Obama we had for the past four. Fitch as much as confirmed this when it suggested a downgrade is coming. TrimTabs' Charles Biderman takes us succinctly through the painful math of just what has happened in the last four years: since Obama has been president after-tax take-home pay for everyone who pays taxes is still down by about 5% nominally and more than 10% after inflation. Dismissing GDP as anything but a misguided and misused spreadsheet output, the bombastic Biderman is concerned - and rightly so - as he sums up: "My guess is that Mr. Obama and his close buddies have no idea what they are doing, or else they would not be doing what they have been doing. The most dangerous are those people who think they are smarter than they are."
Perhaps it is his ranting tone but the greyness of the storm-clouds in the background are perhaps the best analogy for what is to come...
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@.." worst fiscal president ever.."
are u f..ing serious?
what is fiscal? what is money in a global
fiat ponzi regime on deep fraud and slime
opportunism and looting sans any rational restraint?
.
oh, the fiscal cliff. but not in real space and time
but in virtual loony tunes space where the cliff
keeps on moving. there be no bond vigilantes in
this cartoon by fed Hana Barba celluloid scripted
photo shopping print me a straight flush , thanks
for the drinks, see ya' later, fantasy.
lord have mercy and grant some insight and wisdom
to the ill equipt in positions of influence should
they entertain thoughts of conflict to resolve
the systemic stupidity ingrained in the bankers
deceit-ed and fundamentally fraudulent dogma machine.
fiscal my ass.
.
paper burns at 495, or something like it.
.
The First 12 Hours of a US Dollar Collapse
http://www.silverbearcafe.com/private/11.12/12hours.html
.
peace
"Divers have found a Russian ship carrying 700 tons of gold ore that sank off the Pacific coast last month. The freighter Amurskaya had been missing since Oct. 28 when it sent a distress call from the Sea of Okhotsk, an arm of the Pacific."
AN INTERESTING QUOTE
REMEMBER THIS ON ELECTION DAY(Some people have the vocabulary to sum up things in a way that you can quickly understand them. This quote came from the Czech Republic. Someone over there has it figured out. It was translated into English from an article in the Prague newspaper Prager Zeitungon on 04.28.2010)
Bullseye Quote
"The danger to America is not Barack Obama, but a citizenry capable of entrusting a man like him with the Presidency. It will be far easier to limit and undo the follies of an Obama presidency than to restore the necessary common sense and good judgment to a depraved electorate willing to have such a man for their president. The problem is much deeper and far more serious than Mr. Obama, who is a mere symptom of what ails America. Blaming the prince of the fools should not blind anyone to the vast confederacy of fools that made him their prince. The Republic can survive a Barack Obama, who is, after all, merely a fool. It is less likely to survive a multitude of fools, such as those who made him their president."
wall street made the man the president,
not the people in general. the voting thing
is merely a stroke at the poll so to speak.
strokes at the poll are a dime a dozen, ubiquitous and
nothing to take seriously as has been demonstrated,
repeatedly, no pun intended on the "repeatedly", referring
to "stroke".
.
as in there is cream and there is milk.
apparently they are somewhat different and
do not converse.
.
?
you are on your own in the field of mind but
assistance is always on its way, the system
was set up like that. no?
This is how liberty dies. With thunderous applause.
Damn, Youngman...I'm sending that to a lot of people. That really hits it.
A good quote to remember. I like its implicit use of psychology.
ok, so now all these cocksuckers(biderman, faber etc) are coming out of the woodwork and talking about how bad obama will be for the economy. Where were you last week, month, year? Fuck you!!!pricks
Nothing worse than listening to a fat, rich, troll bitch bitch bitch.
How can you take advice from someone who doesnt understand that presidents take orders from above. Binderman is really Graham Summers.
jwoop dont put Binderman and Faber in the same sentence. Faber gets it. Binderman gets which lipstick matches his shirt.
" cash for gold "
go ahead? some funny people on board,
and good luck . fema will set up shelters
but they move around a bit so .....
and your despised public servants will be making
time and a half to assure your comfort for a time.
then, when u are at your weakest and lowest,
gone.
don't go there if u can avoid it.
when it all depends on the compromise
of years gone by, the compromise that
saved so much at the time but cost more
but way in the future that was
to take care of itself, but could not.
Charles instead of junking the entire thread you should have just sold TrimTabs back to Goldman again.
wow, the idiots without words but with arrows
can't help themselves tonight; press a button
people. either say something or become irrelevant
there a tip graciously extended. either that or
fuck off. ( with the love of jesus extended to u
of course ). really and seriously, best to u
but wake up, grow up or at least show up.
summer da
.
ys and summer nights are gone ..
.
B
ob Dylan - Summer Days - Live
http://www.youtube.com/watch?v=HARg5l8Zbm4
Cage match: Romney, Obama and Ron Paul
http://www.youtube.com/watch?v=sn7Af-tld1w&feature=related
I tried so hard to listen to this dude and find it nearly impossible.
My understanding is that Biderman's saying "Obama is the worst fiscal President ever" because the amount of income Americans are taking home is significantly lower than when he took office while the US Federal debt is way higher.
He didn't describe *any* connection between Obama's policies and why this is happening, though. That's disappointing. I like to hear the numbers and all, but I think just using them as an excuse to bitch about the President is kinda lazy.
The least the guy could do is explain which policies are doing the most HARM. How else is someone as stupid as the President supposed to know which stuff to change?
Another point is that the country is in a position where no living person knows how exactly this plays out, true terra incognito... It will crash and burn, no doubt about that, but what will be the tipping point? Is it 4 years, 8 years, 15 years away?....
And as bad as Obama has been, does anyone honestly think that the country would be better off now if John McCain had been elected?
Of course not. It's government itself that's the problem.
And as bad as Obama has been, does anyone honestly think that the country would be better off now if John McCain had been elected?
Well that's kinda just it, right? Beating up on Obama about a shitty economy kinda implies that the President has a responsibility and an ability to "fix" the economy. But if you ask most folks for specifics on how the President should "fix" the economy, they'll say "stop interfering with it."
I personally agree that's the best option, myself.
But ask for which specific interventions are causing the biggest problems, and it's almost NEVER something the President can do, or HAS done. It's almost always legislation that was created by Congress.
Isn't this guy's Rant, a Day late??????
Hey Charlie, where were you when W went crazy????????????
Obama is just another W with black skin. Get over it. He is owned by the same people that owned W and Jeb.
Whenever I see biderman I think of Eeyore on financial cocaine.
Paul Ryan has been the Chairman of the House Budget Commitee, for a little while.
So how relevant is this kind of bullshit anyway.
If you're going to rant Biderman, at least work with the reality, otherwise you just look insane.
I blame Bernanke. The president's hands are tied, regardless which party is in power...