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Obama Addresses Debt Ceiling And Potential US Default - Live Webcast

Tyler Durden's picture




 

Curious why the teleprompter will grace the president, and the US public, with its presence in a few short minutes? Politico explains: "President Obama will hold a news conference at 11:30 a.m. Monday in the East Room, the White House announced. It will be the final one of his first term. Deputy Press Secretary Josh Earnest said he will discuss the need for Congress to raise the debt ceiling?" Shot every time Obama says "not negotiate", "cut spending", "raise taxes", and "fair." Drink everything, including from the deodorant bottle, if he or a member of the press mentions "trillion dollar coin" or, even better, "build the death star."

 

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Mon, 01/14/2013 - 12:43 | 3150768 hedgeless_horseman
hedgeless_horseman's picture

 

 

Obligatory, bitchezzz!!!

The fact that we are here today to debate raising America’s debt limit is a sign of leadership failure. It is a sign that the U.S. Government can’t pay its own bills. It is a sign that we now depend on ongoing financial assistance from foreign countries to finance our Government’s reckless fiscal policies.

 

Over the past 5 years, our federal debt has increased by $3.5 trillion to $8.6 trillion.That is “trillion” with a “T.” That is money that we have borrowed from the Social Security trust fund, borrowed from China and Japan, borrowed from American taxpayers. And over the next 5 years, between now and 2011, the President’s budget will increase the debt by almost another $3.5 trillion.

 

Numbers that large are sometimes hard to understand. Some people may wonder why they matter. Here is why: This year, the Federal Government will spend $220 billion on interest. That is more money to pay interest on our national debt than we’ll spend on Medicaid and the State Children’s Health Insurance Program. That is more money to pay interest on our debt this year than we will spend on education, homeland security, transportation, and veterans benefits combined. It is more money in one year than we are likely to spend to rebuild the devastated gulf coast in a way that honors the best of America.

 

And the cost of our debt is one of the fastest growing expenses in the Federal budget. This rising debt is a hidden domestic enemy, robbing our cities and States of critical investments in infrastructure like bridges, ports, and levees; robbing our families and our children of critical investments in education and health care reform; robbing our seniors of the retirement and health security they have counted on.

 

Every dollar we pay in interest is a dollar that is not going to investment in America’s priorities.

 

-Senator Barack Hussein Obama

 

Mon, 01/14/2013 - 12:52 | 3150881 hooligan2009
hooligan2009's picture

hmmm...he didn't actually say that he would raise the amount of debt by 8 trillion (with a T) I guess....

Mon, 01/14/2013 - 12:58 | 3150887 hedgeless_horseman
hedgeless_horseman's picture

 

 

...to $16,432,692,129,510.84 (with a T).

Mon, 01/14/2013 - 13:02 | 3150929 The Juggernaut
The Juggernaut's picture

Lets get an Amex card to pay for the outstanding Visa balance.  Thats what the US government is doing.

Mon, 01/14/2013 - 13:21 | 3150959 hedgeless_horseman
hedgeless_horseman's picture

 

 

No, truly I say, the U.S. government is stealing via the Inflation Tax to pay for its addiction.

...

 

The third option is for the Federal Reserve to create credit to pay the bills Congress runs up. Nobody objects, and most Members hope that deficits don't really matter if the Fed accommodates Congress by creating more money. Besides, interest payments to the Fed are lower than they would be if funds were borrowed from the public, and payments can be delayed indefinitely merely by creating more credit out of thin air to buy U.S. treasuries. No need to soak the rich. A good deal, it seems, for everyone. But is it?

 

 

The “tax” is paid when prices rise as the result of a depreciating dollar. Savers and those living on fixed or low incomes are hardest hit as the cost of living rises. Low- and middle-incomes families suffer the most as they struggle to make ends meet while wealth is literally transferred from the middle class to the wealthy. Government officials stick to their claim that no significant inflation exists, even as certain necessary costs are skyrocketing and incomes are stagnating.

 

... 

-Congressman Ron Paul

http://www.lewrockwell.com/paul/paul334.html

Mon, 01/14/2013 - 13:57 | 3151217 kieran1968
kieran1968's picture

oooooh..... imagine all the airmiles!

 

For $16T... we can all take a vacation !!

Mon, 01/14/2013 - 13:40 | 3151117 847328_3527
847328_3527's picture

Hedgeless, I missed the speech. Did he happen to mention "Thingamajigs?" ....$3,000?

 

I'm still waiting for the mail to come.

Mon, 01/14/2013 - 14:27 | 3151419 Ying-Yang
Ying-Yang's picture

“Thanks Tut [his grandmother], Gramps, Choom Gang, and Ray for all the good times.”

           B.O.

Mon, 01/14/2013 - 12:55 | 3150896 Buckaroo Banzai
Buckaroo Banzai's picture

Let's not forget this one too!

"When you all go home and you're talking to your buddies and you say, ah 'He wants to take my gun away.' You've heard it here, I'm on television so everybody knows it. I believe in the Second Amendment. I believe in people's lawful right to bear arms. I will not take your shotgun away. I will not take your rifle away. I won't take your handgun away."

--Senator Barack Hussein Obama

Mon, 01/14/2013 - 13:22 | 3151040 oldschool
oldschool's picture

He said "rifle", which I'm sure he will soon explain did not meant hunting rifles, not all those pesky anti-assault rifles.  Either that or he will say "Newton changed everything."  Quoting a poitician is practically pointless.

Mon, 01/14/2013 - 13:55 | 3151169 AgAu_man
AgAu_man's picture

But I will take your ARs away, as a Militia need not be as well-armed as the police, SWAT or DHS.

You do not need to protect yourself against a domestic tyrant, as we have none.

Mon, 01/14/2013 - 15:05 | 3151630 papaya
papaya's picture

"You do not need to protect yourself against a domestic tyrant, as we have none."

 

Uh-huh. 

Mon, 01/14/2013 - 14:17 | 3151360 SilverRhino
SilverRhino's picture

"My understanding is the vice president's going to provide a range of steps that we can take to reduce gun violence," said Obama. "Some of them will require legislation, some of them I can accomplish through executive action. And so I will be reviewing those today, and as I said, I will speak in more detail to what we're going to go ahead and propose later in the week. But I'm confident that there are some steps that we can take that don't require legislation and that are within my authority as president, and where you get a step that, has the opportunity to reduce the possibility of gun violence, then i want to go ahead and take it."  - Obama 1/14/2013 

 

To hell with this cum guzzling rat fuck.

Mon, 01/14/2013 - 13:02 | 3150936 USS Bernanke
USS Bernanke's picture

"Raising the Debt Ceiling is paying the bills"

"We are not a deadbeat nation"

...

If we could pay our bills why do we have to raise our credit line?

Mon, 01/14/2013 - 13:04 | 3150948 CheapBastard
CheapBastard's picture

I hope the Chinese are reading this from your quote Hedgeless:

 

"The fact that we are here today to debate raising America’s debt limit is a sign of leadership failure. It is a sign that the U.S. Government can’t pay its own bills. It is a sign that we now depend on ongoing financial assistance from foreign countries to finance our Government’s reckless fiscal policies."

Mon, 01/14/2013 - 13:42 | 3150980 hedgeless_horseman
hedgeless_horseman's picture

 

 

Despite what the Chinese Premier said on SNL, they don't really have much choice but to take more Dollars and Euros in exchange for quality plastic pumpkins and iCrap, then buy treasuries and European debt, "to finance our Government’s reckless fiscal policies," which is, of course, all by design.

 

Mon, 01/14/2013 - 14:08 | 3151300 FEDbuster
FEDbuster's picture

Recent reports indicate that at least some of China's paper reserves are being converted to gold.

Mon, 01/14/2013 - 14:54 | 3151576 Stuffs And Stuff
Stuffs And Stuff's picture

"Chinese have been taking all the dollars they have and spending them on as many physical commodities as they can buy. The huge Chinese stockpiles of gold, food, iron ore, metals etc. that have resulted may be used to back a final push to remove the US dollar from cabal control. One plan being considered is for the BRICS to offer to exchange all US dollars for a new commodity backed currency (or various national currencies) during a fixed time period after which dollars would no longer be accepted.

This would force the United States to start issuing a government currency like greenbacks or else face complete economic collapse and chaos."
~Benjamin Fulford, January 14

Mon, 01/14/2013 - 13:18 | 3151019 takeaction
takeaction's picture

"We have made some big cuts"  Are you fucking kidding me.....really?  Where are the cuts?  What a lier....will somebody hold his feet to the fire?  He panics with no teleprompter.  He said we have cut $1.2 Trillion.  Really?  He said Congress tells him to spend.  OKAY CONGRESS....shut this spending off.  Any congressman on Zero Hedge...YES they read this.  You POS elected officials get some nut sack and do what you were hired for.  No more war.  No more drones, cut the deficit to zero now.  Shut off all of the free loaders....Cancel the Obama phones.....on and on.  Congress.....shut him off.  We here at zerohedge are telling you.  Are you in touch?  Do not raise the debt ceiling.  We have to stop.  Now is the time! We are watching you pricks.

Mon, 01/14/2013 - 13:56 | 3151212 curbyourrisk
curbyourrisk's picture

Racist!!!

 

 

~SNARK~

Mon, 01/14/2013 - 12:31 | 3150779 CunnyFunt
CunnyFunt's picture

Obama late spread = 13 mins.

Over/Under?

Mon, 01/14/2013 - 12:34 | 3150797 bigdumbnugly
bigdumbnugly's picture

i prefer to stay sober this morning so i will only drink when he utters a word - any word - not from his teleprompter.

 

take the over, btw.   he takes that long just talking about himself before whatever else it is he is supposed to address.

Mon, 01/14/2013 - 12:45 | 3150846 Boris Alatovkrap
Boris Alatovkrap's picture

Quick, where is Vodka!? Ethylene Glycol is not presidential!

Mon, 01/14/2013 - 12:35 | 3150799 Stoploss
Stoploss's picture

I brought in all the high powered shit from the garage.

 

I got a bad feeling about this...

Mon, 01/14/2013 - 12:52 | 3150878 Stoploss
Stoploss's picture

What does the stupid bitch asking about gun control think that has to do with the debt ceiling, and spending reduction??

 

Not a fucking thing. 

Typical neo facist liberal child killer.

Mon, 01/14/2013 - 13:13 | 3150971 CrockettAlmanac.com
CrockettAlmanac.com's picture

Gun control has everything to do with the worsening fortunes of the USA.

C.A. Fitts:

https://www.youtube.com/watch?v=IRaSPO6bSY8&feature=player_embedded

Mon, 01/14/2013 - 14:10 | 3151316 FEDbuster
FEDbuster's picture

Gun Control isn't about guns, it's about control.

Mon, 01/14/2013 - 12:35 | 3150800 TerminalDebt
TerminalDebt's picture

He's outside taking a puff.

He's only half black, so 15 minutes only makes him half late

Mon, 01/14/2013 - 12:57 | 3150909 Buckaroo Banzai
Buckaroo Banzai's picture

Colored People's Time, baby! The only timezone that matters in Obamerica!

Mon, 01/14/2013 - 12:48 | 3150866 vast-dom
vast-dom's picture

what will the prez et. al. use to pay these "we gotta pay our bills" bills with? raising taxes and more QE? jive ass talk, again.

Mon, 01/14/2013 - 22:50 | 3152980 A Nanny Moose
A Nanny Moose's picture

A drink for every minute over.

Mon, 01/14/2013 - 12:31 | 3150780 Dexter Morgan
Dexter Morgan's picture

Can I smoke instead of taking shots?

Mon, 01/14/2013 - 12:31 | 3150781 TerminalDebt
TerminalDebt's picture

Late again?

Mon, 01/14/2013 - 12:38 | 3150784 SwampHonkey
SwampHonkey's picture

OH boy ! Cant wait. And yippee!! if I forgot to say it.

Mon, 01/14/2013 - 12:34 | 3150785 Kaiser Sousa
Kaiser Sousa's picture

cool another press conference on the broke ass state of this banker union by O'Conman...

hey maybe while he's at it he can explain how the same pattern in 2 particular markets can occur at the same time on 2 succesive trading days - 

AND AT THE SAME TIMES OVER THE LAST 2 YEARS....

FUCK YOU BERNANKE.....

http://www.kitco.com/charts/livesilver.html 

Mon, 01/14/2013 - 12:32 | 3150789 Never One Roach
Never One Roach's picture

"...nine shot since Friday in Chicago, authorities say...."

 

http://usnews.nbcnews.com/_news/2013/01/14/16501411-two-slain-teens-amon...

Mon, 01/14/2013 - 12:33 | 3150790 OptionNinjaNYC
OptionNinjaNYC's picture

Unleash The Messiah !!!

Mon, 01/14/2013 - 12:47 | 3150861 Taffy Lewis
Taffy Lewis's picture

He must really be pissed off that his puppetmasters are making him work after the election; I'm sure he thought it would just be 4 years of golf.

Mon, 01/14/2013 - 17:34 | 3152148 DosZap
DosZap's picture

Unleash The Messiah !!!

You mean the Anti-Messiah........

There fixed it ya.

Mon, 01/14/2013 - 12:33 | 3150792 AccreditedEYE
AccreditedEYE's picture

Hold on.... I've been saving a special container of turpintine for just such an event....  **flys out of the office to car on mad dash home to the garage cabinet*

Mon, 01/14/2013 - 13:27 | 3151062 mess nonster
mess nonster's picture

Turpentine...drank it. Shoe polish... down the hatch...windex, glugglug....ok, where's that bottle of ether I had kicking around....?

Mon, 01/14/2013 - 13:41 | 3151110 TheGardener
TheGardener's picture

Try that vintage from Theo Dorant`s estate Tyler has been
recommending ; drown all those memories of stench...

Mon, 01/14/2013 - 12:36 | 3150807 PUD
PUD's picture

Right on time given the critical nature of our full faith and credit! Cheers! tears! mindless swooning!! more clapping! more cheers!

Mon, 01/14/2013 - 12:37 | 3150808 bigdumbnugly
bigdumbnugly's picture

just like church.  silence of the cell phones...

Mon, 01/14/2013 - 14:13 | 3151340 FEDbuster
FEDbuster's picture

and turn your minds off, too.

Mon, 01/14/2013 - 12:38 | 3150816 rguptatx
rguptatx's picture

bet the markets take a crapper as topus reads from teh glass screen!

Mon, 01/14/2013 - 12:40 | 3150819 madcuban
madcuban's picture

you forgot "invest".   which means "spend, spend, spend and get nothing in return".   should be two shots.

Mon, 01/14/2013 - 12:39 | 3150820 Gamma735
Gamma735's picture

Politics is merely a smoke screen as they rob us blind.

"Burn"  by Nine Inch Nails

I don't believe in your institutions
I did what you wanted me to
Like cancer in the system
I've got a little suprise for you

Something inside of me has opened up its eyes
Why did you put it there did you not realize
This thing inside of me it screams the loudest sound
Sometimes i think i could

Burn

I look down there where you're standing
Flock of sheep out on display
Saw your lives burned up around you
I can take it all away

Something inside of me has opened up its eyes
Why did you put it there did you not realize
This thing inside of me it screams the loudest sound
Sometimes i think i could

I'm gonna burn this whole world down

I never was a part of you burn

I am the agent i never was a part of you burn
I am corruption i never was a part of you burn
I am the angel i never was a part of you burn
Of your destruction i never was a part of you burn

I am subversion i never was a part of you burn
Secret desire i never was a part of you burn
I am your future i never was a part of you burn
Swallow down all that fire

Mon, 01/14/2013 - 13:38 | 3151109 NotApplicable
NotApplicable's picture

I've always wondered if Trent was dumb enough to know all of this, yet vote for Obummer a second time?

Mon, 01/14/2013 - 12:39 | 3150821 lolmao500
lolmao500's picture

The economy is growing! LOL!

Mon, 01/14/2013 - 12:54 | 3150891 Shizzmoney
Shizzmoney's picture

It's like we have Ron Burgundy as President, "He will read everything that you put, off that sheet!"

http://www.youtube.com/watch?v=XWEvLT3gxzU

"Go Fuck Yourself, America"

Mon, 01/14/2013 - 22:54 | 3152987 A Nanny Moose
A Nanny Moose's picture

I would give my left nut, a kidney, and all my worldy possessions to see this from any President.

On the bright side, at least we know this one can read :)

Mon, 01/14/2013 - 13:49 | 3151163 Mesquite
Mesquite's picture

Yup..more Police, more IRS, more TSA, more Guards, more FDA,etc... lotsa jobs..

Mon, 01/14/2013 - 12:40 | 3150825 Super Broccoli
Super Broccoli's picture

right now our economy is growing and we're up for a good year !!!!! WHAT ? Is he on crack ?

Mon, 01/14/2013 - 13:27 | 3151065 Chupacabra-322
Chupacabra-322's picture

No, he's a CRIMINAL and WAR CRMINAL Psycopath/Sociopath.

Mon, 01/14/2013 - 17:35 | 3152156 Bansters-in-my-...
Bansters-in-my- feces's picture

"WHAT ? Is he on crack" ?

 

Answer: Yes....= Banker Butt Crack

AKA,Bernanke Butt Crack.

Mon, 01/14/2013 - 12:40 | 3150826 Snakeeyes
Snakeeyes's picture

Will he be dressed like Darth Vader and have the Imperial theme song playing?

http://confoundedinterest.wordpress.com/2013/01/12/debt-star-federal-deb...

Mon, 01/14/2013 - 12:40 | 3150828 q99x2
q99x2's picture

That's him. He's the one that worked with banksters to take down the United States of America. Arrest him for treason.

Mon, 01/14/2013 - 12:44 | 3150829 Kaiser Sousa
Kaiser Sousa's picture

"Its been a busy and productive 1st four years..."

 

good thing i like my flat screen cause that mother fucker almost got shot on that statement...

Mon, 01/14/2013 - 17:38 | 3152169 DosZap
DosZap's picture

"Its been a busy and productive 1st four years..."

For MY planned agenda of Destruction,corrected it for The ONE.

Mon, 01/14/2013 - 12:42 | 3150833 caimen garou
caimen garou's picture

can't watch any more,got to get to toilet before I ............fuck did'nt make it

Mon, 01/14/2013 - 12:43 | 3150835 unwashedmass
unwashedmass's picture

 

ah...the boyz are trying to push down gold/silver during this to perpetuate the fraud. don't seem to be having a lot of luck.....at least not like the "good old days".......

Mon, 01/14/2013 - 12:43 | 3150836 DOT
DOT's picture

I want a new phone !

Mon, 01/14/2013 - 12:44 | 3150842 rguptatx
rguptatx's picture

ooooooooooooo - i am scared - he said "let me be clear"

Mon, 01/14/2013 - 12:44 | 3150843 DOT
DOT's picture

be clear = lie like hell

Mon, 01/14/2013 - 12:45 | 3150844 Super Broccoli
Super Broccoli's picture

"raising the debt ceiling does not authorise more spending"

 

This guy is a fucking crazy lunatic !

Mon, 01/14/2013 - 17:41 | 3152178 DosZap
DosZap's picture

This guy is a fucking crazy lunatic !

No he's a treacherous / treasonous SOB.

Mon, 01/14/2013 - 12:45 | 3150848 Snakeeyes
Snakeeyes's picture

Obama demonizing Republicans ... again.

 

Mon, 01/14/2013 - 12:46 | 3150852 Everybodys All ...
Everybodys All American's picture

Seriously, I don't know how people voted for this chump not only once but twice.

Mon, 01/14/2013 - 12:50 | 3150870 madcows
madcows's picture

Free Phones, Free Unemployment, Free housing, Free Utilities, Free Cars, Get out of Jail Free Cards, Union Takeovers, etc... bought a lot of votes.  That's why he needs to raise the debt ceiling again... gotta buy more votes for the Dems next election.

Mon, 01/14/2013 - 13:07 | 3150963 Mr Pink
Mr Pink's picture

Obamaphone lady is actually on Alex Jones today

Mon, 01/14/2013 - 14:05 | 3151257 Stuffs And Stuff
Stuffs And Stuff's picture

Keep Obama in President, you know?!

He gave us a phone! 

Mon, 01/14/2013 - 15:43 | 3151745 AgAu_man
AgAu_man's picture

What "free Unemployment"!?

My cousin is a high tech engineer who just got shit-canned after the worst review in his life, and will get NO UI. After having paid UI, FICA and taxes for years. Last year he paid > $33 k in taxes. As a frikin Engineer, not as a manager of executroid.

Where's his UI, his O- phone? That 'MF' got a big "Obam- you!"

;-/
That'll teach him to support Ron Paul. Why, next thing you'll know, he'll be hanging out on ZH and dissing his Leaders!
;-/

Mon, 01/14/2013 - 13:00 | 3150922 Golden_Rule
Golden_Rule's picture

I voted for him zero times, but I'm more than happy to have Obama over Romney.

Mon, 01/14/2013 - 13:18 | 3151018 CrockettAlmanac.com
CrockettAlmanac.com's picture

No doubt. Romney oversaw successful anti-gun legislation in Massachusetts not to mention state control of medical care.

Mon, 01/14/2013 - 13:42 | 3151125 NotApplicable
NotApplicable's picture

Makes absolutely ZERO difference in outcome. it only affects the rhetoric, and those stupid enough to get caught up by it (pro and con).

Mon, 01/14/2013 - 14:03 | 3151251 CrockettAlmanac.com
CrockettAlmanac.com's picture

If armed Americans might have to stand up to government in the coming years I believe that they would be more likely to stand against a Democrat than a Republican. That's just the way the demographics play out in a nation still concerned with red v. blue. Once the chains are off red or blue will no longer matter.

This post is for entertainment purposes only.

Mon, 01/14/2013 - 14:49 | 3151527 Golden_Rule
Golden_Rule's picture

Romney would've gladly spread his ass cheecks for Net10Yahoo every chance he had.  On domestic policy I agree though, not any difference.  Still, that gives a huge edge to Obama.

Mon, 01/14/2013 - 13:38 | 3151106 El Oregonian
El Oregonian's picture

They didn't... DIEBOLT!... It's all fiat-frauds-fakes... Until we collectively grow a huge set... but sadly, will be more of the same....

Mon, 01/14/2013 - 12:46 | 3150853 apberusdisvet
apberusdisvet's picture

16 lies already in the first few minutes.

Mon, 01/14/2013 - 13:44 | 3151142 NotApplicable
NotApplicable's picture

“When I use a word," Obummer said in rather a scornful tone, "it means just what I choose it to mean - neither more nor less.”

Mon, 01/14/2013 - 14:17 | 3151365 Captchured
Captchured's picture

That is one of my favorite passages and I feel you have done a fine job of applying it to this conversation.

Mon, 01/14/2013 - 12:46 | 3150855 TrustWho
TrustWho's picture

When will the stock market teach POTUS a lesson?

Daddy Bernanke's cronyism I can appreciate, but wall street support?

Mon, 01/14/2013 - 12:55 | 3150898 earnyermoney
earnyermoney's picture

Bernanke is the market and zero criminal prosecutions go a long way towards support.

Mon, 01/14/2013 - 13:12 | 3150994 CrashisOptimistic
CrashisOptimistic's picture

When will ZHers show some consistency?  If there are HFT engines running 80% of volume, why would you think any such thing as a "stock market" could teach anyone anything?

Combat algorithms don't care about anything but what their opponent is doing or what their headline reader algorithm says just happened, and they care about the latter only as part of defeating an opponent.

There Is No Stock Market.  Get your money out of it.  Don't be long or short.

Mon, 01/14/2013 - 12:48 | 3150864 Super Broccoli
Super Broccoli's picture

i get it !!! it just takes a little translation device that replaces "growing the economy" by "growing our debt" !!! 

 

And everything gets clear !

Mon, 01/14/2013 - 12:49 | 3150867 fuu
fuu's picture

GUNS, JOBS, RAISES!

Mon, 01/14/2013 - 12:50 | 3150871 905ozs
905ozs's picture

The "So called" debt ceiling...huh?

Oh dear...please don't stop the pay of folks tracking down nuclear material...

2 choices...there's a 3rd...hang them bastards

Ah, the certainty of infinite printing...

Of course, start with Rothschild owned AP, ban the guns of course whilst the $ becomes worthless...

I am off to get pissed with friends, this game is just sad.

Mon, 01/14/2013 - 12:51 | 3150873 Kaiser Sousa
Kaiser Sousa's picture

"we gotta pay our bills..."

O'Sellout

"WITH WHAT MOTHER FUCKER....WE'RE BROKE..."

Kaiser Sousa

 

Mon, 01/14/2013 - 12:51 | 3150874 lolmao500
lolmao500's picture

Goddamn what a fucking lying and manipulative piece of shit!

Mon, 01/14/2013 - 12:50 | 3150875 Golden_Rule
Golden_Rule's picture

You heard it here, there will be no more gun violence once they pass gun reform...

Mon, 01/14/2013 - 12:51 | 3150876 Shizzmoney
Shizzmoney's picture

"To entertain the idea of the USA not paying its bills...is absurd." - Pres. Obama

Almost as asburd as the USA prosecuting banker fraud.

Mon, 01/14/2013 - 12:52 | 3150877 JPM Hater001
JPM Hater001's picture

Im going to get vigorous too...

Mon, 01/14/2013 - 12:52 | 3150879 Peter Pan
Peter Pan's picture

It's hard to believe that this is the man who Americans held so many hopes for and who Germans were wowed by a few years ago when he spoke at an open air gathering. Unfortunately, nothing has been delivered out of what was promised. Americans however voted for him, which is either an indication of poor memory, poor judgement or poor alternatives.

Mon, 01/14/2013 - 13:59 | 3151228 Stuffs And Stuff
Stuffs And Stuff's picture

Not only did Americans vote for him, they voted for him twice. Ofcourse, what do you expect from the same population who voted for Bush twice?

The majority of Americans apparently don't just have low standards, they have none whatsoever.

Mon, 01/14/2013 - 16:46 | 3151998 mkhs
mkhs's picture

It doesn't matter for whom the people vote. It only matters who counts the votes.

Mon, 01/14/2013 - 14:03 | 3151267 NotApplicable
NotApplicable's picture

Hopium has a really short shelf life.

Mon, 01/14/2013 - 12:53 | 3150884 DOT
DOT's picture

14th Amendment = pay interest only and keep borrowing more.

Mon, 01/14/2013 - 12:53 | 3150886 Super Broccoli
Super Broccoli's picture

woooooo Chuck's question seems to be a pain in the ass there ! NIIIIICE !

 

No executive order ? You won't take responsibility for this Obama wouldn't you ?

Mon, 01/14/2013 - 12:54 | 3150888 fuu
fuu's picture

Keep this responsibility?!? So now the Executive Branch is going to decide what the budget should be?!?

These people are sick.

Mon, 01/14/2013 - 12:54 | 3150889 Monedas
Monedas's picture

Above is a list of the kind of people who actually listen to this phony, programmed muppet !   I did not .... and will not .... waste time on this dumb fuck .... I really wanted to call him a nigger .... but I don't want to offend Bicycle Repairman !  Obama's voice makes me sick .... I can't stand it !

Mon, 01/14/2013 - 12:54 | 3150890 Count de Money
Count de Money's picture

"We are not a deadbeat nation."

"Deadbeat nation" pretty much sums up who voted for this asshat.

Mon, 01/14/2013 - 13:03 | 3150939 AlaricBalth
AlaricBalth's picture

He said it twice. Laughed out loud the second time.
For some reason it reminded me of Nixon proclaiming "I am not a crook. "

Mon, 01/14/2013 - 13:14 | 3151002 Dr. Engali
Dr. Engali's picture

 +1 my thoughts exactly.

Mon, 01/14/2013 - 17:17 | 3152089 FEDbuster
FEDbuster's picture

I foresee a WB7 Debtbrother image with that title.  Good t-shirt and/or bumper sticker material.

Mon, 01/14/2013 - 20:03 | 3151764 AgAu_man
AgAu_man's picture

We are not a 'dead-beat' nation, but a 'beat-dead' nation, beet-red and trying to beat-the-debt!

Mon, 01/14/2013 - 20:12 | 3152609 akak
akak's picture

Does that make Russia a dead-beet nation?

Let's hope so; I have always said that the only good beet is a dead beet.

(I guess that explains why they have long been known as the "Reds", anyway.)

Mon, 01/14/2013 - 12:55 | 3150895 A Lunatic
A Lunatic's picture

End of debt ceiling, bitchez............

Mon, 01/14/2013 - 12:57 | 3150906 perchprism
perchprism's picture

 

This prick is now angling for a blank check from Congress with no oversight.

Mon, 01/14/2013 - 14:06 | 3151287 NotApplicable
NotApplicable's picture

Most of them will be happy to deliver. Others, will have to feign outrage, and those truly outraged, will have to feign legitimacy in the process.

Mon, 01/14/2013 - 12:57 | 3150897 optimator
optimator's picture

Aha, but B.O. has the power of the Veetow!  And for you younger folks,

http://www.goantiques.com/veto-deodorant-woman-862300

Mon, 01/14/2013 - 13:00 | 3150899 Tsunami Wave
Tsunami Wave's picture

Hey Barry, Nice set up question with Chuck Todd (CFR and Journ-O-List member) using the analogy of the emancipation proclimation (of all things... seriously?) and executive force of raising our national credit card limit.... and an even more hillarious "serious", "tough" answer you gave to chuck todd which will be replayed x234214453523590 on MSNBC/CNN/CNN HN/ABC/CBS/NBC/CNBC/BBC World News/RT/etc etc... FUCKTARD.

Mon, 01/14/2013 - 14:08 | 3151307 NotApplicable
NotApplicable's picture

We shall set the people's debt limit free!

Free at last! Free at last!

Mon, 01/14/2013 - 12:55 | 3150901 Kaiser Sousa
Kaiser Sousa's picture

"We are not a deadbeat nation..."

O'Bammer

 

Mon, 01/14/2013 - 13:16 | 3151013 krispkritter
krispkritter's picture

We have beat this nation dead.

Obammy

Mon, 01/14/2013 - 12:55 | 3150902 Dr. Engali
Dr. Engali's picture

"If congress wants to give me the authority I'm willing to take it."

 

I'm sure the little dictator is willing to grab as much power he can.

Mon, 01/14/2013 - 12:58 | 3150913 All Out Of Bubblegum
All Out Of Bubblegum's picture

This is great stuff.

"If congress wants to give me a cigarette I'm willing to take it."

"If congress wants to give me a quarter I'm willing to take it."

"If congress wants to give me the ocean I'm willing to take it."

"If congress wants to give me a trans-sexual hooker I'm willing to take it."

 


Mon, 01/14/2013 - 12:56 | 3150904 PUD
PUD's picture

There ya go! Full faith and CREDIT! GOD BLESS THE USA!!

Mon, 01/14/2013 - 12:57 | 3150907 Super Broccoli
Super Broccoli's picture

did he just called to the founding fathers ????

Is this a joke ? What about the constitution then ? Where does that come from ? The founding fathers maybe ?

Mon, 01/14/2013 - 13:04 | 3150946 ebworthen
ebworthen's picture

He can say anything and the believers will support him.

Think of Mao, Kim Jong Ill, Hitler, Jim Jones, Rasputin...etc.

Mon, 01/14/2013 - 14:06 | 3151291 TheGardener
TheGardener's picture

You underestimate this preachers might...

Mon, 01/14/2013 - 14:10 | 3151320 NotApplicable
NotApplicable's picture

You underestimate the flock's level of medication.

Mon, 01/14/2013 - 14:08 | 3151302 TheGardener
TheGardener's picture

deleted, double entry

Mon, 01/14/2013 - 12:58 | 3150910 loveyajimbo
loveyajimbo's picture

Strange this craven poseur never menions his string of $1Trillion+ deficits... and is is disgraceful that he mentions our Founding Fathers... as he is in the process of attacking the 2nd amendment, covering up the crimes of Fast and Furious and Benghazi, and having his pet ATM Bernanke print $85 Billion/month.

Mon, 01/14/2013 - 12:58 | 3150911 PUD
PUD's picture

BHWAAAAA! JUST NEED ANOTHER 1.2 TRILLION TO SEE US THROUGH!

Mon, 01/14/2013 - 12:58 | 3150914 DOT
DOT's picture

Like he knows how to add.

Mon, 01/14/2013 - 12:58 | 3150915 Super Broccoli
Super Broccoli's picture

"the maths does not work" ... but "we're not a debt beat nation"

 

hum hum, please go further in that explaination

Mon, 01/14/2013 - 15:05 | 3150917 fuu
fuu's picture

A trillion here, a trillion there and pretty soon we are talking about imaginary money.

Does a growth agenda actually equal growth?

Mon, 01/14/2013 - 12:59 | 3150920 Gimleteye
Gimleteye's picture

he would be happy to take the debt ceiling authority if Congress offers it. Hmm, can any one say Enabling Acts, did not Caesar refuse the crown three times, this is his third

Mon, 01/14/2013 - 13:03 | 3150921 ukmetman
ukmetman's picture

Have any of you guys right clicked on the volume control symbol on the Whitehouse video player above. Try it, you get a menu:

 

"Allow whitehouse.com access to your microphone and camera?"

 

Needless to say, the default setting is, "Yes"

 

Jesus, I never knew that things were this bad. I was looking at Obama for a few minutes then, AND HE WAS LOOKING AT ME.

Mon, 01/14/2013 - 13:00 | 3150923 DOT
DOT's picture

Give me more authority !

Mon, 01/14/2013 - 13:01 | 3150924 ebworthen
ebworthen's picture

Non-functional government, unless it is to take away the rights of the individual, crush the middle class, and enrich the kleptocrats and oligarchs- in which case it is running like a well oiled machine.

Mon, 01/14/2013 - 13:01 | 3150927 CheapBastard
CheapBastard's picture
The Wealthy Flock to Pawn Shops

 

http://finance.yahoo.com/news/wealthy-flock-pawn-shops-140259868.html

 

I kinda feel sorry for those folks who have to pawn a 5 carat diamond ring...sort of....

Mon, 01/14/2013 - 13:01 | 3150930 Count de Money
Count de Money's picture

Jeez, you can almost hear the little hamster wheel spinning inside his head.

Mon, 01/14/2013 - 13:01 | 3150932 viedoklis_lv
viedoklis_lv's picture

Obama goes to resteraunt eats dinner and than writes I.O.U.

Mon, 01/14/2013 - 13:02 | 3150933 Super Broccoli
Super Broccoli's picture

oh so "being responsible" is about paying you mastercard debt on the diner with your visa !!!!

Mon, 01/14/2013 - 13:02 | 3150935 Taffy Lewis
Taffy Lewis's picture

"You don't go out to dinner, eat all you want, and leave without paying the bill. It would be against the law".

He really is Abe Lincoln!

Mon, 01/14/2013 - 13:03 | 3150938 Dr. Engali
Dr. Engali's picture

Good Lord I thought I hated listening to Bush "speak".

Mon, 01/14/2013 - 13:03 | 3150940 905ozs
905ozs's picture

Chuck...congress approves or I do...what about the $68 trillion unfunded public liabilities??

Sieg heil...My leader

There is no negotiation because Rothschild Inc decide the demise of the USA decades ago....

Mon, 01/14/2013 - 13:04 | 3150941 Kaiser Sousa
Kaiser Sousa's picture

"You dont go out to dinner and eat all you want, and then not pay the bill..."

O'Rita

now i know for certain he's white....

Mon, 01/14/2013 - 13:06 | 3150942 Monedas
Monedas's picture

I hereby pledge .... on my sacred honor .... to avoid listening to this lying piece of shit President .... whenever possible !  His fucking message cannot be avoided so easily .... but, I will not insult my person .... by contaminating my senses .... with his sickening, lying, scumbag voice !  Join Monedas .... take the pledge .... Barack Anonymous .... stay clean .... one day at a time !  How many days have you been "clean" ?    

Mon, 01/14/2013 - 13:03 | 3150943 DOT
DOT's picture

Did he say "Budgets are difficult"?

How would he know ?!

Mon, 01/14/2013 - 13:04 | 3150951 Everybodys All ...
Everybodys All American's picture

The conman Obama speaks and the lapdog media whores just eat it up. Meanwhile real America just rolls their eyes at this shit.

Mon, 01/14/2013 - 13:30 | 3151071 j0nx
j0nx's picture

And then goes out and buys another gun or three and 1000 more rounds of ammo, assuming at this point they can find any.

Mon, 01/14/2013 - 13:06 | 3150955 Count de Money
Count de Money's picture

Major Garrett is new to the WH press corps. He obviously doesn't know the rules against asking tough questions.

Mon, 01/14/2013 - 13:06 | 3150956 Falconsixone
Falconsixone's picture

obama ..... hahaha

 

that cocksuckers hilarious..........HAA HAAA HAAAAA!

Mon, 01/14/2013 - 13:23 | 3151048 eatthebanksters
eatthebanksters's picture

Trust me....

Mon, 01/14/2013 - 13:06 | 3150957 Dollar Bill Hiccup
Dollar Bill Hiccup's picture

Wait, we've got to eat at a cheaper restaurant ... What?

But they don't even serve giant sodas there!

Can I pay with EBT ?

Is it possible to speak out of three sides of your mouth? I really thought that "two sides of your mouth" was the limit, but now I'm not so sure.

 

 

Mon, 01/14/2013 - 13:27 | 3151060 Gimleteye
Gimleteye's picture

he has a third side of his mouth--he sits on it sometimes

Mon, 01/14/2013 - 13:07 | 3150960 Shizzmoney
Shizzmoney's picture

"You don't go out to dinner, then eat all you want, then leave without paying the check..." -Obama

Unless your name is Jon Corzine

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