• Sprott Money
    05/06/2016 - 06:03
    The US, in its own decline, is showing this same self-destructive tendency. The worse things get, the greater the inclination of the citizenry to say, “Carry on, everything’s fine.”

Cliff-On Or Off As Obama And Boehner Take Turns Again - Live Webcasts

Tyler Durden's picture




 

S&P 500 futures are at 1412 as our leaders address the nation (or each other)...

 

Obama's Approach...

 

Boehner's Rebuttal...


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Fri, 11/30/2012 - 13:07 | 3024017 vast-dom
vast-dom's picture

clap sheeple muppets, clap.

Fri, 11/30/2012 - 13:08 | 3024025 PUD
PUD's picture

The Obama zombie clap

Fri, 11/30/2012 - 13:10 | 3024036 ACP
ACP's picture

It's all pops & buzzes from here.

Fri, 11/30/2012 - 13:36 | 3024114 Popo
Popo's picture

Oh please, it's "Cliff Off".   Who are they kidding?   The whole thing is political theater.   In order to believe that it's "Cliff On" you have to pretend that the Republican party is the party of "fiscal responsibility" like it says in their propaganda.    Everyone knows that the US has one-party rule that comes in two mildly-different flavors.   The Republicans are no more able to spend responsibly than Obozo.   They'll talk about "making cuts" for a while, just to give everyone the idea that there's an ideological difference between the parties, but in the end they'll fold like a cheap suit because both parties are filled with spend-happy political whores.  

Save yourself the anticipation.  It's "cliff off".  Both parties can't wait to resume spending money they don't have.

Fri, 11/30/2012 - 14:29 | 3024307 caconhma
caconhma's picture

I am surprised that ZeroHedge and its readers are even talking about "Cliff Off".

It is a Kabuki theater. At the end, the Congress will cut government expenditure in 2025 and, in a mean time, FED will print more funny money. It is all. There is no any mystery. The ending is well known in advance.

 

Fri, 11/30/2012 - 14:58 | 3024400 twinsdad
twinsdad's picture

Look into Modern Monetary Theory, you'll understand Obama more...

Fri, 11/30/2012 - 16:05 | 3024688 RopeADope
RopeADope's picture

Masturbatory Monetary Theory, its why central bankers don't have children.

Fri, 11/30/2012 - 13:14 | 3024054 smlbizman
smlbizman's picture

shouldnt our lord and savior get back up on that cross?

Fri, 11/30/2012 - 13:17 | 3024062 pods
pods's picture

We're running a bit low on wine too!

pods

Fri, 11/30/2012 - 13:30 | 3024100 smlbizman
smlbizman's picture

would that be M.D. 20/20?

Fri, 11/30/2012 - 13:15 | 3024056 vast-dom
vast-dom's picture

notice the box behind bummer stamped TOYS? the infantilization of citizenry reinforced in inane nanny state speeches.

Fri, 11/30/2012 - 13:09 | 3024034 nope-1004
nope-1004's picture

Obammy got his jacket off.  Shirt sleeves are up.  He's ready to do work for the American people..... which doesn't include upholding the law and prosecuting white collar crime, but anyway, he's ready to do that work!  I'll wait and watch until he picks up a hammer and starts building a Chevy volt.

 

Fri, 11/30/2012 - 13:12 | 3024043 Quinvarius
Quinvarius's picture

I suppose a racist comment would appear here on some websites.

Fri, 11/30/2012 - 13:14 | 3024055 economics9698
economics9698's picture

You mean like NWA?

Fri, 11/30/2012 - 13:19 | 3024064 vast-dom
vast-dom's picture

it's all the evil white people's fault! white people had to go fuck everything up for everyone.

Fri, 11/30/2012 - 13:23 | 3024082 Bawneee Fwank
Bawneee Fwank's picture
Obama Set to Unleash Lawsuits to Mandate Racial Preferences

http://nlpc.org/stories/2012/11/29/obama-set-unleash-lawsuits-mandate-ra...

"It is set to become more defining in his second term, especially in light of a federal appeals court ruling two weeks ago. Obama, by various accounts, wants to be more aggressive about suing banks, employers, schools and other institutions whose practices, however unintentionally, adversely affect "disadvantaged" (read: nonwhite) populations. This is the doctrine of "disparate impact."Attorney General Eric Holder (see photo, to the left of Obama) already has used it to extract hundreds of millions of dollars in settlements from Wells Fargo and other major banks. Its widespread application is further evidence, as if any more were needed, that "civil rights" has become a well-organized shakedown racket."

Fri, 11/30/2012 - 13:24 | 3024086 vast-dom
vast-dom's picture

just cause i'm white don't mean i'm not black. you follow?

Fri, 11/30/2012 - 13:26 | 3024093 Bawneee Fwank
Bawneee Fwank's picture

Indeed, you and me both.

Fri, 11/30/2012 - 13:38 | 3024121 pods
pods's picture

Locally we had a story about how a Kroger was closing a store on MLK blvd.  And how much it would impact locals.  Local leaders were going to talk to Kroger execs to make them keep it open, blah blah blah.

Comment by the exec was that the store in question has not turned a profit in 10 years no matter what they did.

I guess wanting a profit is racist now?

Or are supermarkets now simply non-profits that sell food instead of give it away?

pods

Fri, 11/30/2012 - 14:26 | 3024297 LFMayor
LFMayor's picture

All they had to do was:

1) put in a half dozen or so of those rotisserie chicken roasters. 

2) grape-drank and oran-pop stocked up.

3) profits!

Fri, 11/30/2012 - 15:31 | 3024562 Zymurguy
Zymurguy's picture

Same thing happend here in the 'Lou... Schnucks Stores owners couldn't make a profit and every day it rained or snowed they'd have half a dozen people "slip" and fall in their entry way and sue them.

Fri, 11/30/2012 - 15:40 | 3024586 Cathartes Aura
Cathartes Aura's picture

I guess that oft-imitated corporate competitive model of opening loss-leader stores near their rivals to draw business away isn't quite the note we're hitting in the circle-the-drain "downturn" - wonder where the locals do shop?

Fri, 11/30/2012 - 14:18 | 3024261 LFMayor
LFMayor's picture

you mean like "Fear of a Black Planet" type NWA?

Oh....  the other NWA.  

Fri, 11/30/2012 - 14:31 | 3024312 I Got Worms
I Got Worms's picture

Hate to split hairs, but that's Public Enemy. NWA was more "Fuck tha Police".

Fri, 11/30/2012 - 16:07 | 3024703 LFMayor
LFMayor's picture

You got me man... I'm even more white bread than Vanilla "Robby VanWinkle - OG" Ice.

Fri, 11/30/2012 - 13:13 | 3024049 Bawneee Fwank
Bawneee Fwank's picture

He has already picked up a hammer...and a sickle

Fri, 11/30/2012 - 13:13 | 3024053 buzzsaw99
buzzsaw99's picture

don't be hatin' on the black man

Fri, 11/30/2012 - 13:22 | 3024081 Nadaclue
Nadaclue's picture

I don't hate him because he's black, I hate him because his heart is.

Fri, 11/30/2012 - 13:55 | 3024168 BandGap
BandGap's picture

Dude, his DOJ doesn't prosecute blue collar crime, either! They are colorblind!

Fri, 11/30/2012 - 13:14 | 3024052 slaughterer
slaughterer's picture

Classic ZH: it is like the Brady Bunch split screen.  

Fri, 11/30/2012 - 13:26 | 3024092 Ruffcut
Ruffcut's picture

Boner verses O'boner. Would the best bone, leave my butt alone.

Fri, 11/30/2012 - 15:14 | 3024480 DosZap
DosZap's picture

Boner verses O'boner. Would the best bone, leave my butt alone.

That's the entire point, THEY will not.Matter of fact it get's worse by the hour.No live and let live,follow the 235yrsr + laws of the land,it's a frigging coup.

And we just THOUGHT they were against slavery!!!

Fri, 11/30/2012 - 19:44 | 3025439 NidStyles
NidStyles's picture

The Progressives were never against Slavery. They were against not having power and control over the way things were ran. They took the Abolitionist movement and distorted it to their own benefit. They are not against slavery so much as they are against there being slave owners other than themselves.

 

They are Leninists of the worse kind, because they hid behind the Liberty groups for nearly a century in order to destroy it.

Fri, 11/30/2012 - 13:07 | 3024022 PUD
PUD's picture

He's got his sleeves rolled up. Must mean business now. I want my phone.

Fri, 11/30/2012 - 13:11 | 3024026 Cognitive Dissonance
Cognitive Dissonance's picture

When one is unwilling to actually work to earn that weekly paycheck one is obligated to at least put on a show of work-like activity.

<Thus all the useless political eaters talkers.>

Fri, 11/30/2012 - 13:08 | 3024028 lizzy36
lizzy36's picture

What the hell is obama running for now?

Pretty sure if he wants to be "head of the union" it is his for the taking in 4 years and 2 months, until then why doesn't he go to work and quite fucking campaining.

Fri, 11/30/2012 - 13:09 | 3024029 jekyll island
jekyll island's picture

Good theatre.  Let's distract everybody from the REAL problem.  

Fri, 11/30/2012 - 13:19 | 3024067 DaveyJones
DaveyJones's picture

Cliff Clavin on the cliff

Fri, 11/30/2012 - 13:39 | 3024123 max2205
max2205's picture

the black prezz wants to kill or starve 100 mill white people....it's that simple

Fri, 11/30/2012 - 15:43 | 3024602 Cathartes Aura
Cathartes Aura's picture

yes, you are, apparently.

Fri, 11/30/2012 - 13:09 | 3024030 LFMayor
LFMayor's picture

Now I know what all the Nascar fans are jonesing for:   They watch simply for the crash.

That's all I'm wanting to see now too.  The crash.

it's like a drug!

Fri, 11/30/2012 - 13:20 | 3024070 DaveyJones
DaveyJones's picture

with really bad side effects

Fri, 11/30/2012 - 13:09 | 3024031 russwinter
russwinter's picture

Pig men have a new term for the inevitable do nothing fiscal cliff can kicking scam, "the baby grand bargain."

Fri, 11/30/2012 - 13:10 | 3024032 Bawneee Fwank
Bawneee Fwank's picture

Im so sick of this fucking subject...both these assholes can kiss my ass, tired of both democrat and republicans!

bread and circuses bitchez!

Fri, 11/30/2012 - 13:10 | 3024037 Quinvarius
Quinvarius's picture

See you December 21 when you decide to announce what we all know is going to happen.  More money printing.

BTW that is also the Mayan calander date for when the world changes.

Fri, 11/30/2012 - 13:20 | 3024072 Renewable Life
Renewable Life's picture

Lol

I'll pass out cold in my cereal, if Boehner gets another blank check bill, out of the House by Dec 21st!!!!!!! But who knows, they only need 40 republicans to defect and Nancy coud get her day!!!

Fri, 11/30/2012 - 13:11 | 3024042 RopeADope
RopeADope's picture

Hold on Mr President...I thought if Americans were not spending on Chinese consumer crap they were saving to make up for government's broken promises on Social Security.

 

How is that a bad thing?

Fri, 11/30/2012 - 13:21 | 3024076 pods
pods's picture

No YoY increase in debt=Crash.

pods

Fri, 11/30/2012 - 13:39 | 3024120 RopeADope
RopeADope's picture

There is a solution to that. Just get Al Gore to start a morality deficit futures exchange. Instead of increasing money via debt instruments you replace it with money created from corruption.

Fri, 11/30/2012 - 13:12 | 3024044 Dollar Bill Hiccup
Dollar Bill Hiccup's picture

I'm happy he has such a strong mandate, as Congressional Democrats are saying !

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