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Twas The Last Obama Conference Before Cliffmas...

Tyler Durden's picture




 

... and all through the collocated server house, GETCO algos were stirring, hoping (as this is the only "strategy" left) that maybe, just maybe, Obama can pull a unicorn out of his skittles-dispensing hat. He won't, and most likely we will get one last does of stern fingerpointing, harsh language and accusative condemnation of those wascaly wepublicans. But find out for yourselves in 15 short minutes, when the market may be closed, but futures will still be open, although at least subject to the limit down rule. Of course, if the news was good, it would have come before 4 pm...

In all seriousness, what Obama will discuss is a last ditch extension, one which merely kicks the can by a week or two. From Politico:

Obama’s $2.4 trillion proposal is still on the table — and it remains his preference. But administration officials said Friday that it would be difficult to pass unless House Speaker John Boehner (R-Ohio) decides to rejoin the talks. And he has given no indication that he will.

 

So the White House is looking at one option under consideration by the Senate Democratic leadership: a smaller package that would extend the Bush-era tax rates on income below $250,000, pause the across-the-board spending cuts known as the sequester and renew unemployment insurance benefits, according to Senate and administration officials.

 

It would hold off a significant portion of the fiscal cliff, minimizing any economic shock in the new year. But it means a host of tax provisions would likely expire, little would be done to address the debt and deficit, and no process would be set up for overhauling the tax code next year. There would be no agreement on entitlements, and no resolution on raising the debt ceiling.

 

Faced with few good options and a shrinking timeline, Democrats are trying to put the squeeze on Boehner after he failed Thursday to come up with enough votes for his bill extending tax breaks on income below $1 million.

 

Dropping the income threshold to $250,000 would be a complete capitulation for Boehner, and the math for getting the votes is tough.

 

But the White House assumes that, if the Senate passes a bill, an isolated House Republican majority will feel pressured to act, similar to the way the 2011 payroll tax cut fight and debt limit showdown played out.

Or not.

 

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Fri, 12/21/2012 - 17:52 | 3088374 HelluvaEngineer
HelluvaEngineer's picture

Barry says "Have a crazy Kwanzaa!"

Fri, 12/21/2012 - 17:56 | 3088390 bigdumbnugly
bigdumbnugly's picture

he's only choomin'

Fri, 12/21/2012 - 17:57 | 3088396 knukles
knukles's picture

Goosin' dah mahkets...
Resignin' MoFo...

Fri, 12/21/2012 - 18:16 | 3088441 nope-1004
nope-1004's picture

Any idiot could write this speech today:

 

"The Republicans couldn't agree and provide me with a proposal.  But let me be perfectly clear:  I stand ready to deal with this and defend the middle class."

Bla bla bla.  Is this moron ever on time?

5:15 now.... do you know where your fascist leaders are?

Fri, 12/21/2012 - 18:19 | 3088495 Looney
Looney's picture

How about HIS “read my lips” moment? Remember when he assured all of us during the debates, “There will be NO CLIFF”?

Looney

Fri, 12/21/2012 - 18:32 | 3088535 Michaelwiseguy
Michaelwiseguy's picture

Read everything BO says as opposite of what he really means.

We need more money to halt the proliferation of psychiatric drug use and misuse.

Fri, 12/21/2012 - 18:42 | 3088572 THX 1178
THX 1178's picture

Can someone state simply what happens if/when we go over the cliff?

Fri, 12/21/2012 - 18:44 | 3088579 MiguelitoRaton
MiguelitoRaton's picture

We raise 4X more in taxes than we reduce in spending and yet we still rely on Benny and the Feds to fund $1T in deficits...any other questions?

Fri, 12/21/2012 - 18:48 | 3088593 MiguelitoRaton
MiguelitoRaton's picture

...oh and maybe the drepession we've been papering over finally hits.

Fri, 12/21/2012 - 20:12 | 3088828 zerozulu
zerozulu's picture

Debt does not matter. Cliffs does not matter. America has no intentions to pay the debt. Middle finger to all creditors.

Sat, 12/22/2012 - 00:32 | 3089291 Solarman
Solarman's picture

The government is becoming its own creditor.  The Fed gives all interest profits to the Government.  So this is all an illusion.

Fri, 12/21/2012 - 18:47 | 3088584 Michaelwiseguy
Michaelwiseguy's picture

THX, GDP goes negative and debt service declines.

Fri, 12/21/2012 - 18:49 | 3088596 NotApplicable
NotApplicable's picture

Lots of pain for the sheeple, as they're going to get poorer, quicker now that we're all out of Hopium to mainline.

Fri, 12/21/2012 - 18:36 | 3088555 WhiskeyTangoFoxtrot
WhiskeyTangoFoxtrot's picture

Nailed it, FTW.

Sat, 12/22/2012 - 11:46 | 3089656 Stoploss
Stoploss's picture

May Cliffmas ebbody.

Fri, 12/21/2012 - 18:02 | 3088415 Abitdodgie
Abitdodgie's picture

I wonder how many children he ordered killed today in drone strikes?

Fri, 12/21/2012 - 18:03 | 3088417 MiguelitoRaton
MiguelitoRaton's picture

Late again...BPT

Fri, 12/21/2012 - 18:04 | 3088424 MiguelitoRaton
MiguelitoRaton's picture

When they ultimately extend the "Bush" tax cuts yet again, will they be renamed the "Obama" tax cuts?

Fri, 12/21/2012 - 18:06 | 3088433 knukles
knukles's picture

Ab-so-fucking-lutely

Fri, 12/21/2012 - 18:09 | 3088446 derek_vineyard
derek_vineyard's picture

why so fucking much attention on the fiscal cliff.....its just a blip in amplitude to the debt/spending problem that we aren't facing.

a resolution or lack of resolution to the cliff is insignifcant-----unless its resolution makes a statement and paves the way to tackle the real problem

Fri, 12/21/2012 - 18:29 | 3088529 MiguelitoRaton
MiguelitoRaton's picture

Its not really 5PM until Barry SAYS it is 5PM

Fri, 12/21/2012 - 18:32 | 3088541 HD
HD's picture

He's on Kenyan time.

These are jokes folks. Tip your waitresses generously.

Fri, 12/21/2012 - 19:17 | 3088630 Michaelwiseguy
Michaelwiseguy's picture

Today;

Sen. Rand Paul Objects To Indefinite Detention Language In NDAA - 12/21/12

http://www.youtube.com/watch?v=GvuhVu0z9p4&feature=youtu.be


Senate to Consider FISA Renewal; Rand Paul to Offer 4th Amendment Guard

 

When FISA is finally brought to the Senate floor, Senator Rand Paul (R-Ky.) will introduce the “Fourth Amendment Protection Act.” As its name suggests, Paul’s amendment will reportedly explicitly spell out that the Fourth Amendment’s protections against unwarranted searches and seizures extends to third party searches conducted by NSA and other intelligence agencies. Such searches usually target records of electronic communication stored by telecommunications and Internet companies such as AT&T and Google.

http://www.thenewamerican.com/usnews/congress/item/13992-senate-to-consider-fisa-renewal-rand-paul-to-offer-4th-amendment-guard

Senator Rand Paul called Senator McCain a Troll to his face. If it looks like a troll, walks like a troll, acts like a troll, It's a troll.

 

Fri, 12/21/2012 - 19:45 | 3088755 HD
HD's picture

 “Fourth Amendment Protection Act.”

If only such a thing were possible anymore...1984 police state is here.

Fri, 12/21/2012 - 19:08 | 3088646 SnobGobbler
SnobGobbler's picture

nay they would have to amend the bill; vote; show up to work; ya know....not hookers-and-blow...

Fri, 12/21/2012 - 19:48 | 3088779 lakecity55
lakecity55's picture

"Sorry I'm late

But mah drones can't wait!"

 

Twas the night before Christmas and all thru the house

Nothing was moving, not even a mouse.

The hellfire had blown everything all apart

The house was still smoking, even ole Claus.

As he hopped on the plane to head to the west,

You could hear him exclaim

Those Drones are the Best!

Fri, 12/21/2012 - 18:08 | 3088442 ball-and-chain
ball-and-chain's picture

The Tea-Party "chuckleheads" are certainly making this interesting.

If we go over the fiscal cliff, there will be a collapse.

But I just don't see it happening.

Wall Street owns Washington.

The tail is wagging the dog.

http://www.angrysinner.blogspot.kr/2012/12/yesterday-i-didnt-drive-jim-to-school.html

Fri, 12/21/2012 - 18:37 | 3088556 takeaction
takeaction's picture

All of us here are on the same page.  We just watch this stuff for the "Show" value.  We all understand that nothing of any substance will ever come from this government.  It is amazing that the sheep of this world will never wake up.  We are so in debt, it is phenomenal to even try and comprehend the numbers.  These guys are all Harvard grads or similar.  They understand how screwed we are.  This is all a "Dog and Pony" show to keep the masses at bay.  They need to see how long they can keep the damn from bursting.  The Fed has to be buying treasuries, stocks, mortgages, etc.  On and on.  I am really surprised that another country has not called us out...but I guess we have the drones.  And we still have the fist to punch with.  And of course putting this entire bullshit into perspective......Let me see if I understand this.....We overspend by about $1 to $1.5 Trillion every year?  Right.....and these bastards are arguing over cutting $160 billion a year over 10 years?  Are you kidding me?  The Deficit is out of control.  Don't we need to cut $2 trillion right now (Per Year).  That would give us an extra trillion per year to cut the DEBT?  Right?  So in 16 years we are even. And then we have to balance out Medicare and Social Security...Right?  I am just a college drop out that opened my own business that worked....Why is this so easy for me...and so difficult for our wizards in charge to handle?  I do already know the answer...just ranting because you guys are the only ones that get it.  This government is corrupt from the bottom up.  The trickle down economics only works if you are "In the Club".  And all of us are not "In the Club".   My final question is this......and I would like you to elaborate on your answer.  Is there any fix, or is war/Revolution/Collapse/Full Reset, etc the only way?  Thanks for your time.

Fri, 12/21/2012 - 19:20 | 3088683 SnobGobbler
SnobGobbler's picture

 revolution or world war seems to be what they're betting on... sad whiskey-drunk representitives they-arrrrrrr!

Fri, 12/21/2012 - 20:13 | 3088835 ImReady
ImReady's picture

Take this man to the asylum. He's speaking nonsense! Bernank says everything is OK. 

Fri, 12/21/2012 - 20:44 | 3088896 Remington IV
Remington IV's picture

Can you believe Romney lost to this failure ???

Fri, 12/21/2012 - 20:55 | 3088915 EscapingProgress
EscapingProgress's picture

Yes.

Fri, 12/21/2012 - 20:54 | 3088912 EscapingProgress
EscapingProgress's picture

2013: Year of the Economic Shit Blizzard

Have a stiff drink or two...or six.

Fri, 12/21/2012 - 21:43 | 3089042 A Nanny Moose
A Nanny Moose's picture

Way ahead of you there, pal.

Sat, 12/22/2012 - 02:04 | 3089357 zhandax
zhandax's picture

No shit, ANM.  May have to throw in a few shots to get past that little gem of literary license, "isolated House Republican majority".

Fri, 12/21/2012 - 17:54 | 3088383 jmcadg
jmcadg's picture

I can't wait to see what the view's like. 

Is he really going to be standing on THE fiscal cliff, this is awesome.

Fri, 12/21/2012 - 17:58 | 3088406 knukles
knukles's picture

Look.
Yeah, that's it.
If ya' leans just a little more...
Just a bit...
Keep leanin'
Cum'on
You know what I means...

 

What?
Whadju say?

 

Fri, 12/21/2012 - 17:55 | 3088391 WhiskeyTangoFoxtrot
WhiskeyTangoFoxtrot's picture

Should we take bets on how late he is going to be?

Fri, 12/21/2012 - 18:04 | 3088421 TrustWho
TrustWho's picture

...13 minutes for King.

Fri, 12/21/2012 - 18:06 | 3088430 MiguelitoRaton
MiguelitoRaton's picture

I take the over.

Fri, 12/21/2012 - 18:12 | 3088463 TrustWho
TrustWho's picture

...he is a arrogant King

Fri, 12/21/2012 - 18:15 | 3088478 WhiskeyTangoFoxtrot
WhiskeyTangoFoxtrot's picture

This fuggin guy. What a puppet. Probably memorizing his lines in case the teleprompter goes on the fritz.

Fri, 12/21/2012 - 18:53 | 3088605 NotApplicable
NotApplicable's picture

Puppets don't care 'bout that! They just fall silent.

More likely he's doing shots in order to not exhibit the "Bernanke Quiver."

Fri, 12/21/2012 - 18:16 | 3088485 MiguelitoRaton
MiguelitoRaton's picture

And the over wins ;-)

Fri, 12/21/2012 - 18:17 | 3088488 MiguelitoRaton
MiguelitoRaton's picture

He can't even get his ass to the podiu by the deadline and you expect him to get a deal with Congress by the year end deadline...puhlease people

Fri, 12/21/2012 - 18:26 | 3088517 TrustWho
TrustWho's picture

Phuck, he is probably pumping up Michelle

Fri, 12/21/2012 - 18:32 | 3088542 MiguelitoRaton
MiguelitoRaton's picture

Barry, come in from playing in the surf, the American people want to hear you blame Republicans again for all the country's problems.

Fri, 12/21/2012 - 18:54 | 3088610 NotApplicable
NotApplicable's picture

I doubt they've had sex more than the two times it's documented.

You must not be aware that he hangs out with the boys in those "clubs."

Fri, 12/21/2012 - 19:05 | 3088639 knukles
knukles's picture

And who sayas the mooch ain't well, uh, you know...

Fri, 12/21/2012 - 19:40 | 3088734 lakecity55
lakecity55's picture

Yeh. It's Larry S down between his knees.

Sat, 12/22/2012 - 02:10 | 3089361 zhandax
zhandax's picture

Phuck, he is probably pumping up Michelle

Down arrow just for putting that visual in my head

Fri, 12/21/2012 - 17:55 | 3088394 asteroids
asteroids's picture

How disgusting. Everyone should be thinking about Peace and Good Will towards men. All we have is this asshat spouting politics.

Fri, 12/21/2012 - 17:56 | 3088395 kliguy38
kliguy38's picture

Rideum Cowboy..........................weeeeeeeeeeeee. See ya down the rabbit hole...........

Fri, 12/21/2012 - 17:57 | 3088399 negative rates
negative rates's picture

And all through the house, it was quite as a mouse.

Fri, 12/21/2012 - 17:58 | 3088404 thedrickster
thedrickster's picture

Three fingers of tequila everytime the chief asshole says "balanced".

Fri, 12/21/2012 - 18:08 | 3088445 Cdad
Cdad's picture

Going with White Russians here, dude.  But I'm sure President Zero has nothing but good news, as this would explain the fellow who just dumped 997,000 shares of the Roach Motel [SPY] ABOVE the ask.

It all makes perfect sense.

Fri, 12/21/2012 - 17:58 | 3088405 Conman
Conman's picture

He doesnt even need to talk, we know what he'll say. He's jsut goign to blame the repubs. There's no incentive to do shit until 0 hour.

Fri, 12/21/2012 - 18:00 | 3088409 PUD
PUD's picture

DOUBT WE'LL HEAR ANYTHING SOUNDING LIKE "FAILURE OF LEADERSHIP"

Fri, 12/21/2012 - 18:05 | 3088427 knukles
knukles's picture

Unless followed by:

by John Boner
by the Republicans
by my opponents
by our opponents
by everybody's opponents
by our evil fucking opponents
by those who are not serious
by screwing the middle class
of an Unprecedented Nature
that I am here to rectify
that I would never have displayed
that I am not responsible for
that only I can correct
that I will take care of
that will never happens again as long as I am leader
was shown to be irresponsible
was heralded by evil people bent upon the destruction of the middle class

 

Fri, 12/21/2012 - 21:45 | 3089050 A Nanny Moose
A Nanny Moose's picture

Are these the evening's drinking game catch phrases?

Fri, 12/21/2012 - 18:02 | 3088413 conspicio
conspicio's picture

Time to open up a can of Cloward-Piven strategery and take a big sip. Overwhelm the system, and compel it to collapse on itself. Only then can the Alinsky-ites create a crisis for meaningful reform in their eyes.

Fri, 12/21/2012 - 18:01 | 3088414 FleaMarketPete
FleaMarketPete's picture

President jackass needs to keep the crisis going for two more years so he can run for a 3rd term.

Fri, 12/21/2012 - 18:02 | 3088419 HD
HD's picture

Just watch. In the next week they will agree to protect the middle class cuts and push the debt ceiling out a year and accomplish nothing else. The market will climax - rinse and repeat.

I'm not sure I have it in me to keep fighting these bastards. Life is short.

 

Fri, 12/21/2012 - 18:07 | 3088440 TrustWho
TrustWho's picture

Republicans are pissed and need a solution that addresses deficit reduction similar to Budget Control Act of 2011.

Fri, 12/21/2012 - 18:13 | 3088468 HD
HD's picture

I'm all for the good fight...but once average joe hears his tiny paycheck is getting even smaller - Congress will roll over and pass some watered down POS.

Love to be wrong though.

Fri, 12/21/2012 - 18:24 | 3088511 TrustWho
TrustWho's picture

You got 2 years and Obama signed 2011 Budget Control Act. Bad economy falls on the party in the White House. Two years befor reps face re-election.

Fri, 12/21/2012 - 19:26 | 3088700 SnobGobbler
SnobGobbler's picture

maybe another bipartisan super-commitee will do something (nothing) this time.. duh!

Fri, 12/21/2012 - 18:58 | 3088621 NotApplicable
NotApplicable's picture

Fighting them is what they want, as it empowers the polarity (even if you're not falling for the faux lefty vs. righty divide).

All one can do is to walk away, and let the delegitimized system collapse upon itself.

Fri, 12/21/2012 - 18:04 | 3088422 JackT
JackT's picture

So this is good right? Honestly I don't even know anymore

Fri, 12/21/2012 - 18:05 | 3088432 AynRandFan
AynRandFan's picture

Is is possible to demonize the Repubs even more?  Maybe he'll issue a Fatwa.

Fri, 12/21/2012 - 18:08 | 3088443 knukles
knukles's picture

Oh come on, only Muslim Imams can do that.....

 

 

oh....

Fri, 12/21/2012 - 18:11 | 3088459 AynRandFan
AynRandFan's picture

He's a semi-black semi-christian semi-saint with a Nobel Peace F'n Prize.  He can do ANYthing.

Fri, 12/21/2012 - 18:05 | 3088435 Xibalba
Xibalba's picture

Has he ever been on time?!?!?!

Fri, 12/21/2012 - 18:33 | 3088546 adr
adr's picture

Well you know, he did already give one speech today.

You can't expect the man to put in more than 20 minutes of work a day. What kind of role model would that be for Black America?

Fri, 12/21/2012 - 18:06 | 3088437 Yen Cross
Yen Cross's picture

 Tyler is on the roll today with the snarky jokes. ;-)  Keep em coming, it distracts me from this horrific nightmare we call the markets!

Fri, 12/21/2012 - 18:15 | 3088481 Pejorative Requiem
Pejorative Requiem's picture

The blind retarded monkey thing really hurt. All I was missing was a DARTBOARD! I could have retired 3 times by now if he had only told me about the damned dartboard!

Fri, 12/21/2012 - 18:31 | 3088537 Yen Cross
Yen Cross's picture

 Don't feel bad, I forgot to poke the monkeys eyes out. :-)

Fri, 12/21/2012 - 18:19 | 3088499 fuu
Fri, 12/21/2012 - 18:29 | 3088531 Yen Cross
Yen Cross's picture

I need to see the "headshrinker" after that tube fuu.

Sat, 12/22/2012 - 12:00 | 3089668 fuu
fuu's picture

It's just autotune.

Fri, 12/21/2012 - 18:09 | 3088444 VonManstein
VonManstein's picture

punctual

Fri, 12/21/2012 - 18:09 | 3088447 takeaction
takeaction's picture

What is the best site to watch Stock futures LIVE....like a ticker sysmbol or graphs?  I want to see if we have a roller coaster.  CNBC futures suck

 

Fri, 12/21/2012 - 18:20 | 3088500 knukles
knukles's picture

Like it don't matter anymore!  It's 12/21/12 here in the Great Peoples Republic of Lunacy and Free Shit on the West Coast, domestic markets are closed and betcha ain't heard a peep outa the far east, no?
So go scare some kids, tell 'em tomorrow is already gone across the international date line.
Let the little geniuses figure it out for themselves.

Fri, 12/21/2012 - 19:07 | 3088645 FuzzyDunlop21
FuzzyDunlop21's picture

I dont know of a site but TD Ameritrade has 2 platforms that allow for it, like thinkorswim.

Fri, 12/21/2012 - 18:10 | 3088450 takeaction
takeaction's picture

Tick Tock...Tick...Tock...Hmmm.

 

Fri, 12/21/2012 - 18:15 | 3088479 TrustWho
TrustWho's picture

...Michelle is taking away his Assualt rifle!

Fri, 12/21/2012 - 18:13 | 3088469 Seasmoke
Seasmoke's picture

isnt it a little dark, to still be on the golf course ?

Fri, 12/21/2012 - 18:17 | 3088489 Pejorative Requiem
Pejorative Requiem's picture

Not in Hawaii. That Whitehouse thing is all bluescreen.........

Fri, 12/21/2012 - 18:14 | 3088475 Seasmoke
Seasmoke's picture

may be TIME man of the year, but he is never on time !!!!!

Fri, 12/21/2012 - 19:17 | 3088677 MyBrothersKeeper
MyBrothersKeeper's picture

It takes time to load up the teleprompter after his crack staff finished concocting it's latest "the GOP is evil" speech

Fri, 12/21/2012 - 18:16 | 3088483 Seasmoke
Seasmoke's picture

if Bohner, needs me, he knows where to find me

 

 

n Hawaii !!!

Fri, 12/21/2012 - 18:18 | 3088491 fuu
fuu's picture

Cliffmas

<golfclap>

Fri, 12/21/2012 - 18:24 | 3088509 knukles
knukles's picture

Funny :)

Fri, 12/21/2012 - 18:18 | 3088492 jmcadg
jmcadg's picture

Get off the bog Barry, there's a time and a place for a wank.

Fri, 12/21/2012 - 18:19 | 3088496 PUD
PUD's picture

PROLLY GETTING SOME LAST MINUTE POINTERS FROM MAXXINE WATERS AND JOE "WE MUST SPEND MONEY TO KEEP FROM GOING BANKRUPT BIDEN"  OR NANCY..."CREDIT IS THE LIFEBLOOD OF THE ECONOMY PELOZI"

Fri, 12/21/2012 - 18:25 | 3088516 knukles
knukles's picture

Maxxine Waters.
Another gem from the Land of Free Shit and Lunacy.

Fri, 12/21/2012 - 19:15 | 3088674 MyBrothersKeeper
MyBrothersKeeper's picture

No offense but I've heard Waters speak twice and can't only not figure out how she got into Congress but have a hard time believing she can dress herself.

Fri, 12/21/2012 - 22:05 | 3089113 Taffy Lewis
Taffy Lewis's picture

Maxine "I marched because my mother couldn't get an abortion" Waters.

Fri, 12/21/2012 - 18:22 | 3088503 reTARD
reTARD's picture

Don't all the good stuff happen when everyone is on vacation?

Fri, 12/21/2012 - 18:21 | 3088504 whoopsing
whoopsing's picture

Does waiting somehow fucking boost the GDP ?

Fri, 12/21/2012 - 18:21 | 3088505 bullet
bullet's picture

must be watching Django Unchained....

Fri, 12/21/2012 - 18:26 | 3088519 Pejorative Requiem
Pejorative Requiem's picture

I'm waiting till he talks to find out if I'll be able to support that third data plan and the idildo that goes with it. If he reassures me that everythings ok, I'll go ahead and finance that new Lexus too. Screw it....... I can't wait on him like this. What's a little more debt gonna hurt in the big picture anyways........... where do I sign?

Fri, 12/21/2012 - 18:31 | 3088536 TrustWho
TrustWho's picture

...I do not know about a new car, but between Daddy Bernanke's printing and King Obama's spending the car will likely depreciate slower than the US Dollar. Make your baby  happy and screw as much as you can.  GO, GO, GO....

Sat, 12/22/2012 - 01:20 | 3088522 LouisDega
LouisDega's picture

Cliffmas®. Copyright © 2012. All rights reserved

Fri, 12/21/2012 - 18:27 | 3088523 lcd
lcd's picture

Late because they are trying to revive Harry as Obuma will extend all the tax cuts

Fri, 12/21/2012 - 18:27 | 3088524 Clowns on Acid
Clowns on Acid's picture

Okay...my prediction....Obama will trade like a Kenyan dictator... just dig in his heels, say he feels for the humiliated Boehner...and say that middle class, fairness, etc... Let people go home ocver theweekend thinking that Xmas is going to be ruined by the REPs. Come Monday, mkts down and the sheeple (Lame Stream Media) screaming at REPs to sign Obama's "fair", "responsible", bill.

It's what Evita and Il Duce would do...

Fri, 12/21/2012 - 18:28 | 3088527 whoopsing
whoopsing's picture

Five thirty -two...and a half...my guess

Fri, 12/21/2012 - 18:32 | 3088540 adr
adr's picture

Well I waited until 5:30 to hear if I was getting a tax cut for Christmas. Last day of the year for me, so I'll stop my accountant's house to give him his bottle of scotch and figure out what I need to do to cut 10% off my bill next year.

Got some great receipt fonts.

Fri, 12/21/2012 - 18:33 | 3088547 IridiumRebel
IridiumRebel's picture

 

 

 

 

....and all through the house,

The Tea Party was stirring,

stop that spending Louse!

Fri, 12/21/2012 - 18:35 | 3088549 Bay of Pigs
Bay of Pigs's picture

oh goody, we get some other douchebags talking too...

Fri, 12/21/2012 - 18:37 | 3088552 IridiumRebel
IridiumRebel's picture

summed up....

 

 

BLAH BLAH BLAH

EVIL RICH EVIL RICH EVIL RICH

SPEND SPEND SPEND

Fri, 12/21/2012 - 18:54 | 3088611 knukles
knukles's picture

I LOVE the bait and switch routine.
Evil Rich over $1,00,000
Evikl Rich make $1,000,000

Increase taxes on everybody makes over $25,000 gross unadjusted raw fucking peon shit a year....

 

How the fuck did we ever....

Fri, 12/21/2012 - 18:37 | 3088557 adr
adr's picture

Welcome, everyone. I had to take one hell of a dump. Michelle had the kids last night and I went soul food mad at that restaurant down the srteet. Fried chicken, grits, and callard greens do one hell of a number on my stomach. Must be my white grandmother.

Fri, 12/21/2012 - 18:58 | 3088623 Abednego
Abednego's picture

What I can't stomach are racial comments in lieu of intelligent commentary.  Your attempt at humor is lost in your obvious fear of those who are not white - you are out of line and have added nothing to the discussion. Were you to at least spel a few wards crrctly it might have been less offensve two.

Fri, 12/21/2012 - 21:14 | 3088972 AynRandFan
AynRandFan's picture

Did you bed a negro?  Maybe your name means something else, culturally speaking of course.

Fri, 12/21/2012 - 19:03 | 3088637 NotApplicable
NotApplicable's picture

Why do you keep acting like he's black? He's likely never even seen a collared green, let alone ate one.

Arugula, OTOH...

Fri, 12/21/2012 - 18:39 | 3088565 Bay of Pigs
Bay of Pigs's picture

Cookies and eggnog. NOW we're getting somewhere!

Fri, 12/21/2012 - 18:39 | 3088566 Lukacko
Fri, 12/21/2012 - 18:44 | 3088568 VonManstein
VonManstein's picture

This guys fucking scary. Such ambition he has for his own america. Scary shit. this guy clearly wants to be a dictator

Fri, 12/21/2012 - 19:04 | 3088638 NotApplicable
NotApplicable's picture

So, he's qualified for the job, then?

Fri, 12/21/2012 - 18:42 | 3088569 Yen Cross
Yen Cross's picture

 Obama needs to lay off the Lithium!  He's rattling on like a lose book end!

Fri, 12/21/2012 - 18:41 | 3088570 PUD
PUD's picture

BABBLE BABBLE PUKE...THE END

Fri, 12/21/2012 - 18:44 | 3088573 IridiumRebel
IridiumRebel's picture

kicking the lecturn over as he concluded is the only thing more dramatic he could have done.....

Fri, 12/21/2012 - 18:43 | 3088574 FoeHammer
FoeHammer's picture

hahahahahaha. Those reporters at the end were hilarious! Just shouting hot words.

Fri, 12/21/2012 - 18:45 | 3088580 Seasmoke
Seasmoke's picture

all i heard was NRA .........LOL!!!!!!

Fri, 12/21/2012 - 18:44 | 3088575 WhiskeyTangoFoxtrot
WhiskeyTangoFoxtrot's picture

HE DIDN'T TAKE QUESTIONS!!!!!!!!!!! PUT HIS HEAD ON A STICK!!!!!!!!!! DOESN'T HE KNOW It'S A PRESS CONFERENCE!!!!! AAAAARGGGGGG!!!!!!!

 

Fri, 12/21/2012 - 18:45 | 3088582 IridiumRebel
IridiumRebel's picture

Dude! Plane was leaving.....he had to roll to Hawaii.

Fri, 12/21/2012 - 19:32 | 3088713 lakecity55
lakecity55's picture

Yep. In a hurry to get to his Satanic Mass so he can drink and offer the blood of the kids killed in CT to his Luciferian Master.

Fri, 12/21/2012 - 18:43 | 3088576 Conman
Conman's picture

So the solution is Hopium. Lol, merry xmas indeed, lay off that egg nog Barry.

Fri, 12/21/2012 - 18:44 | 3088577 Seasmoke
Seasmoke's picture

10 days ?????.......this guy cant even count !!!!

Fri, 12/21/2012 - 18:49 | 3088591 jmcadg
jmcadg's picture

What, I waited how long, popped out to make the missus a camomile tea, got back, and he's fucked off, charming.

How was the view?

Fri, 12/21/2012 - 18:50 | 3088597 whoopsing
whoopsing's picture

 " Lets agree right now to agree on stuff we already agree on"....We are so fucked...

Fri, 12/21/2012 - 19:00 | 3088633 knukles
knukles's picture

Disagree on the stuff we already disagree on

And see who can figure up any other absolutely useless picky new shit don't have a damned thing to do with the big picture that we can distract the peasantry with over the holidays.

Hey John, get your envelopes, too?
Great shit huh?
See ya on the first tee at Makaha West, baby.  Just tell 'em you're with me. (big toothy grin)

Fri, 12/21/2012 - 19:14 | 3088671 Freewheelin Franklin
Freewheelin Franklin's picture

Look on the bright side. If we go over the "fiscal cliff" the Fed won't have to print as much money....right?

Fri, 12/21/2012 - 19:36 | 3088724 Yen Cross
Yen Cross's picture

I can't remember who exactly it was. Earlier I heard some MSM retard talk about the Fed. monetizing $45 billion a month, and bitching about it.  I wanted to strangle the fucking MONKEY!

   $45 billion my ass/ Try $85 billion! That fucktard didn't even discuss the ponzi MBS buyback program!

Fri, 12/21/2012 - 19:52 | 3088789 loveyajimbo
loveyajimbo's picture

Hey, GREAT!!  He probably will come clean on Benghazi... tell us all about why he covered up fast and Furious... explain the US participation in the LIBOR scandal and announce he will have "Roach" Holder prosecute Corzine, Dimon and Blankfein for financial crimes...  I beg your pardon???

Fri, 12/21/2012 - 21:11 | 3088947 AynRandFan
AynRandFan's picture

You're on the list, buster.

Fri, 12/21/2012 - 20:22 | 3088854 Yen Cross
Yen Cross's picture

 The ( troglodytes) have emerged from their caves/

Fri, 12/21/2012 - 21:33 | 3089022 Rogue Trooper
Rogue Trooper's picture

BULLISH 'EGG Nog' Bitchezs

FORWARD!

Sat, 12/22/2012 - 02:54 | 3089391 q99x2
q99x2's picture

A few rich corporations, bitcoin and social digital democratic open source software could move forward without these primative fools and quickly leave their whole perverted system in the dust. A new year right around the corner. Mayan calendar ends in 1 hour here in California and the rest is within the arrow of time.

Sat, 12/22/2012 - 17:31 | 3090025 orangegeek
orangegeek's picture

Fiscal cliff is another useless term used over and over to numb the herd as to what's really going on.

 

Endless spending has kept markets going since 2000.  This is a process folks, not an event - like fiscal cliff - there is no fiscal cliff - this is just more of the same process.

 

The world economy goes from leveraged to deleveraged.  There's about 700T (you read that right) of unfunded liabilities sitting out there.  And that's how far we are leveraged.

 

When this shit deleverages, what a fkg mess we will be in.  Everyone gets impacted including Warren Buffet. So pay attention to the fiscal cliff - it's what they want because it doesn't exist.  The real issue is deleveraging - a process that will take many many years to fix.

 

 

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