Obama To Assign Fault; Propose Plan D, Different From Last Friday's Plan C - Live Webcast

Tyler Durden's picture

We would expect the ingredients of the speech to be a pinch of self-denigration mixed with 6 fluid ounces of 'millionaires-and-billionaires', and a quart of "it's the other guys' fault." This coming from the man who precisely a week ago announced he would propose a "scaled down" plan, which today turned out was a complete lie: some leadership. Nevertheless. it will be interesting to see how his 'new' plan, same as the 'old' plan, is different from the 'new new' plan-to-come as he pushes the Senate to propose a 'new new new' deal that will really be a 'skinny irrelevant' deal - no doubt heralded by all asunder as a 'grand new' deal. Though it appears we should have no fear as McConnell and Reid are working on it and McConnell is "hopeful and optimistic." Farce!

 

For those who missed it, here is the WSJ rundown:

President Barack Obama said "the hour for immediate action is here" on a deal to avert the fiscal cliff. The president said he remains "optimistic" that an agreement can be reached in Congress before a looming year-end deadline to avoid tax increases and spending cuts.

 

If Congress can't reach a deal, the president said Congress should allow a vote on a basic package that would preserve tax cuts for middle-class Americans while extending unemployment benefits for the long-term jobless and working toward a foundation for a broader deal. Senate leaders said they hope to reach a compromise that could be presented to lawmakers by Sunday, little more than 24 hours before the deadline.

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knukles's picture

"Nationwide NoBama-inflamed polarization has already gone disturbingly way too far..."

Amen to that, brother.
Way past anything considered acceptable civil, moral, ethical, mature behavior.

Freddie's picture

http://www.youtube.com/watch?v=GjB8z0Bvi14

2:10 "Totally beyond the pale of any acceptable human conduct."

Tyler's had a GD Spradlin clip with Al in another Coppolla film.  This clip was written by John Milius (Wolverines!).

Note the evil CIA guy.  They are always there helping - like today with Bronco Hussein during these times of tumult.

 

ZeroAvatar's picture

............tax & REDISTRIBUTE......FIFY.

 

 

"From each, to each............"

Miffed Microbiologist's picture

Absolutely correct. The only question I have is what's the next move when all the blood has been squeezed out of the middle class. I just see visions of tractor buckets ala Solent Green but I tend to run on the pessimistic side.Perhaps they'll just put Soma in the water supply and we'll be passive and happy in our new state. Too bad for me I'm on a well.

Miffed:-)

monad's picture

Read The Stand by Stephen King.

riphowardkatz's picture

I pity you fool. The tea party hahaha. and that is why Obama brought the same proposal that he knew would never be accepted. come on, I am guessing even you are not that dumb

Chewybunny's picture

Someone! Make a drinking game out of this.

f16hoser's picture

Fuck It. Lets go right to plan Zulu.

Our government is broken. All levels. Let's not call it a Civil War, which we all know is coming. Let's call it a Governmental Enema. That’s what it is. Flush the shit-heads down the toilet and let’s start over.

 

DosZap's picture

Fuck It. Lets go right to plan Zulu.

Our government is broken. All levels. Let's not call it a Civil War, which we all know is coming. Let's call it a Governmental Enema. That’s what it is. Flush the shit-heads down the toilet and let’s start over.

I liked Op Phoenix better.

If Feinsteins bill is passed(as written), you are 100% dead on, there will be Massive Non Compliance, and the SWHTF.

Just dropped by local two largest gun shops, all semi auto's (rifles),and used handguns,were bare.People were buying 1911's, as if they think since they are 6-8 shots, they are safe...........NOT, they make 20rd mags for .45ACP of 1911's.

Only semi clone assault (misnoner) style items for sale are consignments by customers, and only 3-4 of them, and all at 4-6x's original cost.

muppet_master's picture

ZH's video feed

is about 1-2 seconds AHEAD of bloomberg tv and 2-3 seconds AHEAD of cnbc !!! go figure !!

maybe the stupid HFT's can "capitalize" on those 3000 milliseconds !! LOL !!!!!

Conman's picture

TV stations run a delay for FCC reasons. Dont want to get a dick or fuck on the air.

XitSam's picture

Then why is Obama being broadcast?

El's picture

That's it? That's all he had to say? What a waste of time.

Jayda1850's picture

not nearly as much of a waste of time as the congressional leaders meeting at 3pm. Though they are still getting paid so they gotta look like they're doing something I guess.

FubarNation's picture

What a useless waste.  Shame on the election machines that elected this guy.

The Gooch's picture

Thanks you very much everybody.

I'm going back to Hawaiii now.

Gotta work that par 5.

R.I.P. Dave Brubeck - http://www.youtube.com/watch?v=o2In5a9LDNg

 

Surrealist's picture

Looks like a stop-gap measure a coming.

RedToad62's picture

So let me see if I got this right...Now they want to ram through a deal that repeals the laws that go into effect to try to remedy the debt situation.  What was the point?  Were the laws all for show?

1 step forward, 2 steps back.

XitSam's picture

No, no. You don't understand. They want to ram through a deal that repeals the laws that go into effect to try to remedy the debt situation. And war is peace, hate is love, defecits are free money.

SKY85hawk's picture

We don't want Taxes to go up on middle-class families?

What a CON-JOB!

I hope Y'all remember that Obama and Boehner and the House and the Senate signed the 2011 Budget Deal. 

If Barry was true to his campaign promises, he would have vetoed the expiration of Bush tax cuts for the NON-wealthy last year.


 

knukles's picture

Well, looks like they at least got back to the same "no deal, you gotta be kidding me" place they disagreed on a week ago before everybody went off for the holidays and then came back for the Total Enlightenment..

How wonderful.

Clowns on Acid's picture

What can Congress possibly agree to without a hint of austerity spending cuts?

Kicking the can...will not pass REP House. ES = 1200 by end of January? Gold down heavily...until Ben warms up the helicopter....to limited effect. Gold screams like Smith and Wesson stock price.

Tenshin Headache's picture

Other than the actual thing that we sent them to Washington to do.

FubarNation's picture

To be honest all I care about this moment is the putting through the AMT patch.  Extending Bush tax cuts would be icing on the cake. 

MyBrothersKeeper's picture

"Barry Christmas Baby"!!

Papasmurf's picture

Wednesday they raise the debt ceiling and don't raise any new revenue.  Gold goes to $2K. 

justanothersucker's picture

Hey, at least the long shormen didn't strike.  We can still get ALL the cheap Chinese crap we want!  That's a big win for the middle class!

What a load of crap that news conference was.  That was BHO smacking congress down again.  He sits back and does nothing except sandbag for months and then rides in on his 747 to SAVE THE DAY!  The republicrats will bite and there will be NO cuts and NO defecit reduction and NO relief for our children.  Sorry kids but this balancing the budget thingy is just too darned hard.  Now go do your homework!

FreedomCostsaBuck-o-Five's picture

TelePrompTer auto feeds:
"Let me be clear...
"Make no mistake....
"Millionaires and billionaires...
"Ordinary folks....
"I inherited the worst economy since the Great Depression
"Create jobs in this country...

-- I can't add more, I might have an Obasm

Oldballplayer's picture

If the Tea Party had any balls, they would vote no on any bill, and get the rabble out on the mall with pitchforks.

That way they will be easier for the Social Security Department to shoot with all of their extra ammo.

sitenine's picture

That's because you missed it.

Go here to view the archived video on C-SPAN: http://www.c-spanvideo.org/program/ObamaStatement

Printfaster's picture

It is all China now.

This is nothing but the grave robbers playing dice for the dead man's watch.

SheepDog-One's picture

More 'I offer you nothing' from the Commander of Theives.

slaughterer's picture

Incompetent D.C., total farce, as ZH predicted.  Kick them all out.

SheepDog-One's picture

My dream is dragging them all out with ropes around their necks kicking and screaming and hauling them up lamp posts.

I am Jobe's picture

Nice dream. Also do not spare their families.

 

stant's picture

flew all the way back early to say fuck you

Esso's picture

That was money, well... spent.

Waterfallsparkles's picture

It is pretty clear what is happening.  At least to me.

He brings everyone back on his supposed reduced deal.  Yet, he does not have a reduced deal. He only has his original deal.

He said in the Press Confrence that the Congress and the Senate were going to work on a deal.  IF they cannot come to an agreement then he wants them to vote on his original deal.  Put his deal to the Congress for an up or down vote.

That deal gives him everything he wants including no Debt Ceiling over site from Congress for 2 years.  He is hoping that the Republicans will vote for HIS plan to avoid all of the Tax hikes on almost all Tax Paying Americans.  He has pushed it down to the wire where they will feel pressure to cave to his demands to save the Average American or made to look like they are against saving the Average American Taxes.

If I was in the Congress I would vote down any deal that gave him the authority of Congress to spend the nations money without the approval of Congress.

I disrespect him for using the tactic of having a reduced plan and then pulling it away like Lucy and the football with Linus.  Just to try to get a vote on his plan all along.  This is in my opinion dishonest, manipulative and not fitting behavior of the President of our United States.

Almost Solvent's picture

Obama has always wanted to go over the cliff - there was never going to be a deal prior to 1/2/13 (at the earliest).

 

None, never, not any.

 

Once we go over the cliff, then the Republicans are forced to accept whatever Obama wants since they can't override a veto or even get a vote in the Senate unless Obama wants it. 

 

And it's not much different than Georgie Boy, Clinton, and most presidents before him. Remember FDR's court-packing plan?

 

Don't mistake politics for some morality of dishonesty or manipulation just like one should not bring a knife to a gunfight. Boehner has a swiss army knife and Obama's got a fucking bazooka. Might may not equal right, but it does in politics until the next election or scandal rearranges the deck chairs. 

NeedleDickTheBugFucker's picture

I recognize that using soundbites like "millionaires and billionaires" in the ongoing debate provides a huge serving of red meat for the Democratic base. It would be helpful if these politicians and the people that lap up the message had a basic understanding of numbers and figures. There is a substantial difference between a billionaire and a millionaire - $999,000,000 to be exact.

I am Jobe's picture

I guess there are a few more alphabets to go thru.

Fucking idiots whore house and congress.

 

TheMayor's picture

Obama is a liar, pure and simple.

He may be the devil himself.

Waterfallsparkles's picture

What is rather ironic in the whole thing is that Obama is trying to impress all of the People who do not pay Taxes.

They have no interest in the Debt Cliff as they have nothing to lose if a deal does not get done.  Their Government checks will come no matter what.

SKY85hawk's picture

We don't want Taxes to go up on middle-class families?

What a CON-JOB!

I hope Y'all remember that Obama and Boehner and the House and the Senate signed the 2011 Budget Deal. 

If Barry was true to his campaign promises, he would have vetoed the expiration of Bush tax cuts for the NON-wealthy last year.

DosZap's picture

Their Government checks will come no matter what.

RONG!, the extended UE checks cease..........................if they go over the cliff.

Waterfallsparkles's picture

You are right but I was refering to the Welfare, food stamp crowd.

The unemployed are normally taxpayers.  Just not right now.