• Sprott Money
    05/05/2016 - 06:02
    Why is a Deutsche Bank mouthpiece suggesting “negative retail deposit rates or perhaps wealth taxes”? The answer is to (supposedly) stimulate our economies.

Obama On Extending Tax Cuts - Live Webcast

Tyler Durden's picture


In a few minutes - and only a few minutes late - our leader will opine on the topic du jour. While Reid's voice shuddered risk-takers, and Boehner's was perfectly pitched to get the algos juices flowing - we wonder what effect Obama's dulcet tones will have on a now-happy equity market, and if the second-term president is once again merely a catalyst to sell.


Your rating: None

- advertisements -

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.
Wed, 11/28/2012 - 13:18 | 3017791 ebworthen
ebworthen's picture

I lost count of how many times he said "We need to do this...rrright nnnow".

Wed, 11/28/2012 - 13:33 | 3017843 inevitablecollapse
inevitablecollapse's picture

for some reason, i was hearing right meow

Wed, 11/28/2012 - 13:21 | 3017792 Zer0head
Wed, 11/28/2012 - 13:31 | 3017836 Ballin D
Ballin D's picture

Haha the same woman has fucked it up three times already.  The best part is her profile summary: 

Wife,Mother,Grandma. 60 and love-it! Tired of Gov. insulting my intelligence!

Wed, 11/28/2012 - 13:19 | 3017793 the iD
the iD's picture


Wed, 11/28/2012 - 13:21 | 3017801 DavidC
DavidC's picture

How long can this madness go on for?


Wed, 11/28/2012 - 13:31 | 3017838 Quinvarius
Quinvarius's picture

Until DOW 20k.  Maybe longer.  There is nothing but hyperinflation helper on the menu for the next ten years.

Wed, 11/28/2012 - 14:10 | 3017945 Village Smithy
Village Smithy's picture

That is really the only question that interests me. We all know that the only demand being created in this economy is being created by Fed/State borrowing and Fed printing. This will continue because the consensus is that the U.S. is the only game in town so bond buyers/holders are tolerating it. At some point an alternative to the incredibly over-rated, overvalued UST will appear and then look out below. But what is that alternative and when will it appear? Does one even exist? Sometimes I wake up in a cold sweat wondering if Bernanke actually has it right. Fuck that would piss me off.

Wed, 11/28/2012 - 14:48 | 3018033 Blankenstein
Blankenstein's picture

Bernanke right ....   ha ha



Wed, 11/28/2012 - 13:21 | 3017807 sbenard
sbenard's picture

The Charlatan in Chief! All bow in abeyance!

Wed, 11/28/2012 - 13:22 | 3017809 Waterfallsparkles
Waterfallsparkles's picture

I doubt they come to a deal until after the 1st of the year.  They want to avoid People Selling the Market off because of the Capital Gaines Tax.  They will raise it retro activly after you did not Sell to capture the Gain before the Tax Increase.

Wed, 11/28/2012 - 13:27 | 3017825 Quinvarius
Quinvarius's picture

They already have a deal.  I promise you this is all theater while GS buys up the market.  Here are the details:  Debt limit will be raised.  No Tax raises.  Obamaphone programs will be cut.  Overall spending will rise.

Wed, 11/28/2012 - 13:32 | 3017839 Beam Me Up Scotty
Beam Me Up Scotty's picture

"Obamaphone programs will be cut"


Wed, 11/28/2012 - 14:15 | 3017969 divide_by_zero
divide_by_zero's picture

Obamacare already puts a 3% tax on capital gains, forst of the year, but they will go for more.

Wed, 11/28/2012 - 13:26 | 3017824 I am Jobe
I am Jobe's picture

Amerikan politicians have no idea how to solve anything. Blame the inbred fucks. Sorry state of affairs.

Wed, 11/28/2012 - 13:28 | 3017830 SheepDog-One
SheepDog-One's picture

How anyone actually believes any of these assholes holds some 'magical cure' to complete bankruptcy I'll never ever understand. 


Wed, 11/28/2012 - 13:28 | 3017831 Winston Churchill
Winston Churchill's picture

Egan Jones in 3-2-1.

CCC+ ,one notch above Greece.

Wed, 11/28/2012 - 13:30 | 3017832 Zer0head
Zer0head's picture



Mittens to here http://www.solameregroup.com/    run by his kid and which owns a voting machine company

Wed, 11/28/2012 - 13:33 | 3017841 fuu
fuu's picture

Shit I missed it, was the TOTUS is good form?

Wed, 11/28/2012 - 13:35 | 3017847 SheepDog-One
SheepDog-One's picture

Hey dont worry! Santa Claus is coming to town! YAY!

Wed, 11/28/2012 - 13:55 | 3017899 azzhatter
azzhatter's picture

Barack O'Claus

Wed, 11/28/2012 - 13:37 | 3017851 Grand Supercycle
Grand Supercycle's picture


Massive SPX buy support returns, causing short covering spikes.

Substantial USD selling returns too - which supports stocks.


Wed, 11/28/2012 - 13:55 | 3017902 SheepDog-One
SheepDog-One's picture

Thanks for the tip, I'll definitely go short then.

Wed, 11/28/2012 - 13:39 | 3017852 Boilermaker
Boilermaker's picture

Look at the CONFIRMATION from the market....

OMFG...this is it.  I'm f'ing saved.

+200 DOW would be pure validation for 401(k) Joe.

Wed, 11/28/2012 - 13:39 | 3017853 SmoothCoolSmoke
SmoothCoolSmoke's picture

Why you want to be in Congress:

SPY 140.5 Nov 30 puts:

Reid/Boner buy.  Reid speaks.  Puts +40%

SPY 140.5 Nov 30 calls:

Reid/ Boner buy.  Boner speaks.  Calls +300%





Wed, 11/28/2012 - 13:44 | 3017864 Yen Cross
Yen Cross's picture

We have just under 200 point swing on DOW, over absolutely nothing! Just scared shitless under performing fund managers chasing yield, to save their worthless asses.

Wed, 11/28/2012 - 14:02 | 3017928 ShrNfr
ShrNfr's picture

Chase! Chase! I need somebody to sell this shit to.

Wed, 11/28/2012 - 13:49 | 3017871 walcott
walcott's picture

Solve the fiscal cliff and give every American a 250k check from buffets bank account tax free. A one time My 250k deal. And start over. Then get the hell out of the middle east. Stop baby sitting those morons. Give them a choice, an implant liquidation chip for free cooking oil or a fresh baked bread helmet. And drone any water baby inbreed leader who even thinks about taking the oil.

Wed, 11/28/2012 - 14:07 | 3017940 ShrNfr
ShrNfr's picture

Ooooh. The Carney says: "Nobody in their right mind would want the debt battle again." Jackass has not figured out that soon nobody will want our toilet paper either.

Wed, 11/28/2012 - 14:13 | 3017962 uno
uno's picture

with text - voice technology, can't the teleprompter deliver the message without O there lipsynching.  O could stay in the choom wagon.

Wed, 11/28/2012 - 14:18 | 3017974 eaglerock
eaglerock's picture

Let's see how analysts call this....tinsel on the tree, SELL.  No tinsel, BUY

Wed, 11/28/2012 - 14:30 | 3017992 bugs_
bugs_'s picture

end Obama's tax cuts for the wealthiest among us (rofl)

Wed, 11/28/2012 - 14:39 | 3018011 orangedrinkandchips
orangedrinkandchips's picture

OBAMA: Do I look like a mother fucking role model? to a kid looking up to me, LIFE AINT NOTHING BUT BITCHES AND MONEY.....(repeat if necessary for emphasis).

Wed, 11/28/2012 - 15:57 | 3018205 Chaos_Theory
Chaos_Theory's picture

Just finished reading CNN's take...funny how the official state-run media play this:

1.  They still toss out the Obama proposals as a "measured approach" and even more la-la-land, as a "solution" to this nation's chronic deficits AND debt (luckily for them Americants don't know dem math good) ------not sayin' the GOP offer anything that would help either

2.  Quotes from "ordinary Americans" demanding their taxes stay the same, but someone else pay more

Combine the two sentiments?  We're f-cked.  Yea yea yea, bankers in jail, end MIC/forever war, end the FED and all the other stuff too.  But still, when people think all this theatre will do diddly to the debt, much less the deficits, and have no shame in demanding they pay not a nickle more but the "rich" carry the tab for healthcare, funding .gov...not much reason to see any solution other than Mad Max as inevitable. I just hope it happens when I'm young enough to enjoy it with a proper mohawk and not a comb-over!

And my wife still doesn't believe in my monthly purchases of ammo, preparedness foods and water storage/filtration thanks to the state-run media memes. 

Wed, 11/28/2012 - 16:19 | 3018328 LFMayor
LFMayor's picture

You could always trade that nag off for a sweet 4a plate carrier vest and a FLIR weapon sight.

Wed, 11/28/2012 - 15:46 | 3018247 toomanyfakecons...
toomanyfakeconservatives's picture

Note to Federal Marshalls and certain patriots in the U.S. military: Throw the Golfer-in-Chief in the slammer... http://tinyurl.com/cd5cyjo/

Wed, 11/28/2012 - 17:26 | 3018534 Fix It Again Timmy
Fix It Again Timmy's picture

Send in the T-Mobile girl to kick some serious ass.  Remember when she was wearing those pink, frilly dresses and acting like a ditz; now she's a badass biker who can walk through brick walls. 

Do NOT follow this link or you will be banned from the site!