• 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.”

The State Of The Union - Live Webcast

Tyler Durden's picture




 
  • *OBAMA CALLS FOR MINIMUM WAGE TO INCREASE TO $9/HOUR

Last year's 6,977 word homage to jobs provided just over an hour's worth of applause-impacted rhetoric create much ado - more with what was not said than what was said. This year's 9pmET speech will likely be dotted with hope, and change, and jobs, and congress, and of course our union is strong... because the S&P is up 16% since last year's SOTU. But, by our measurement from Bloomberg's data from December 2011 (the last NFP before 2012's SOTU) to January 2013 (this year's last NFP) - Non-Farm Payrolls (NSA) dropped from 133.292 million to 132.705 million (or a 587,000 job loss).

  • *OBAMA SAYS `GENERATION'S TASK' IS TO BUILD STRONG MIDDLE CLASS
  • *OBAMA SAYS GOVERNMENT MUST WORK `ON BEHALF OF THE MANY' NOT FEW
  • *OBAMA SAYS PROPOSALS WILL NOT INCREASE DEFICIT BY `SINGLE DIME'
  • *OBAMA CALLS FOR `SMARTER GOVERNMENT' NOT `BIGGER GOVERNMENT'
  • *OBAMA ORDERS DHS TO DEVELOP REAL-TIME CYBERSECURITY RESPONSE

Enjoy...

 

Full breakdown and summary to follow:

 

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Tue, 02/12/2013 - 22:33 | 3239035 lakecity55
lakecity55's picture

Skeeter belongs in a burning cabin in Big Bear (I mean, a fireplace in a cabin at Big Bear).

Whatever.

Tue, 02/12/2013 - 22:21 | 3238965 Mr. Magoo
Mr. Magoo's picture

And all the seals clap on cue, they must have been trained at Seaworld

Tue, 02/12/2013 - 22:21 | 3238967 thismarketisrigged
thismarketisrigged's picture

he said housing is healing and market is rebounding. ya ok obama, u tell urself that.

Wed, 02/13/2013 - 02:45 | 3239666 Never One Roach
Never One Roach's picture

<<he said housing is healing and market is rebounding.>>

 

Moar zero down mortgages with zero employment checks.....try to buy a gun and they check your history back to 1st grade.....buy a $2 million house with no money down and, "no worries, Mon, just sign right here".....lol.

Tue, 02/12/2013 - 22:22 | 3238969 geewhiz190
geewhiz190's picture

Forget all this baloney and check out the situation with Energy  Future Holdings.  This could be a big story in junk-bond land. Bloomberg is reporting a single day loss of half a billion on the debt.

Tue, 02/12/2013 - 22:22 | 3238970 RideTheWalrus
RideTheWalrus's picture

I like how the meerkats standup when they sense something.

 

Tue, 02/12/2013 - 23:29 | 3239338 Mr. Magoo
Mr. Magoo's picture

This is definitely a must watch for this special occasion

 

http://www.youtube.com/watch?v=FblQR8ZeUpQ

Tue, 02/12/2013 - 22:28 | 3238972 ebworthen
ebworthen's picture

"After a decade of grinding war, our Men and Women are coming home."

Um...not 6,000+ of them.

Not that I like the Washington Post, but the pictures are there of the faces, and states:

http://apps.washingtonpost.com/national/fallen/

Tue, 02/12/2013 - 22:40 | 3239079 CheapBastard
CheapBastard's picture

They're coming home for a change of undewear then going back ...to Mali and Syria.

Tue, 02/12/2013 - 22:22 | 3238973 Mr. Magoo
Mr. Magoo's picture

OBAMA CALLS FOR `SMARTER GOVERNMENT' NOT `BIGGER GOVERNMENT

Thats definitely an unattainable goal

Tue, 02/12/2013 - 22:26 | 3238989 overmedicatedun...
overmedicatedundersexed's picture

well if a smarter gov why not a big smart gov think of all the good they can do if only taxes were higher why that's more trips to hawaii for golf..problem solved it's bigger smarterer gov.

Tue, 02/12/2013 - 22:52 | 3239146 Buckaroo Banzai
Buckaroo Banzai's picture

What a lying sack of shit he is.

Tue, 02/12/2013 - 22:23 | 3238975 pragmatic hobo
pragmatic hobo's picture

... no longer do people need to wear tin-foil-hat to think the government is a tool of bankers and the middle-class is just a grid of battery pack to power the top 0.001%. The matrix lives.

Tue, 02/12/2013 - 22:23 | 3238976 Smegley Wanxalot
Smegley Wanxalot's picture

Someone please RPG crapital hill right now with a small yield nuke. It's about the only thing that would make watching this shit worthwhile.

Tue, 02/12/2013 - 22:25 | 3238977 Haole
Haole's picture

Alternative reality hour, what planet do these people live on?

A minute and a half of that BS is a minute and a half too much.

Tue, 02/12/2013 - 22:28 | 3239000 Mr. Magoo
Mr. Magoo's picture

The Bizzaro world

Tue, 02/12/2013 - 22:24 | 3238979 suteibu
suteibu's picture

Modest reforms = more taxes.

Tue, 02/12/2013 - 22:24 | 3238982 Mr. Magoo
Mr. Magoo's picture

OBAMA ORDERS DHS TO DEVELOP REAL-TIME CYBERSECURITY RESPONSE

Otherwise called the internet kill switch

Tue, 02/12/2013 - 22:58 | 3239169 ZeroAvatar
ZeroAvatar's picture

REAL-TIME CYBERSECURITY RESPONSE

 

=  Hellfire missile while you're in the process of typing on your ke

Tue, 02/12/2013 - 22:24 | 3238983 adr
adr's picture

Go fuck yourself, go fuck yourself, go fuck yourself....

Go fuck yourself. GO FUCK YOURSELF. GO FUUUUCCCKKKK YOURSELF...

I don't think I can say it enough.

Tue, 02/12/2013 - 22:24 | 3238985 ebworthen
ebworthen's picture

"Send in the Clowns..."

Oh wait...

Tue, 02/12/2013 - 22:26 | 3238990 km4
km4's picture

Topics Obama will not being discussing during the : Prosecutorial overreach, attacks against whistleblowers and warrantless wiretaps.

Tue, 02/12/2013 - 22:27 | 3238991 Whoa Dammit
Whoa Dammit's picture

Everytime he says "middle class" 10,000 new angels (former middle class) get their EBT wings. Its a wonderful life!

Tue, 02/12/2013 - 22:30 | 3238992 MickV
MickV's picture

The state of the Union is that the "several states" do not comprise a "union" anymore since the presiddent, who is the executor of the  law, is not an eligible natural born Citizen-- since he was born British, of a British subject father.

 

US Law:

 

"The Constitution does not in words say who shall be natural-born citizens. Resort must be had elsewhere to ascertain that. At common law, with the nomenclature of which the framers of the Constitution were familiar, it was never doubted that all children born in a country of parents who were its citizens became themselves, upon their birth, citizens also. These were natives or natural-born citizens, as distinguished from aliens or foreigners". 88 US 162, 167 (1874)

 

There is no law because you allow there to be no law. When there is no legal president then there is no law. Oust Obama and restore the Republic. Physically.

Tue, 02/12/2013 - 22:54 | 3239153 Buckaroo Banzai
Buckaroo Banzai's picture

Ladies and Gentlemen... The Resident of the United States!

Tue, 02/12/2013 - 22:27 | 3238994 FleaMarketPete
FleaMarketPete's picture

fuck this idiot

Tue, 02/12/2013 - 23:04 | 3239204 jumbo maverick
jumbo maverick's picture

Fuck all them idiots

Tue, 02/12/2013 - 22:28 | 3238997 NoWayJose
NoWayJose's picture

Proposals will not increase deficit by a single dime - true - more like 10 trillion dimes.

Tue, 02/12/2013 - 22:30 | 3239014 Mr. Magoo
Mr. Magoo's picture

10 trillion silver dimes

Tue, 02/12/2013 - 22:37 | 3239060 EscapingProgress
EscapingProgress's picture

Obama knows that sheep don't know the difference between debt and deficit.

Tue, 02/12/2013 - 22:28 | 3239001 EscapingProgress
EscapingProgress's picture

Obama just said, "...a really bad idea."

Congrats. Way to appeal to the lowest common denominator. This is probably the most dumbed down SOTU speech in American history.

Sometimes I think I'm stupid because I'm only average, but then I think about the 50% of Americans who are less intelligent than me. Needless to say, we're fucked.

Tue, 02/12/2013 - 22:28 | 3239004 ZeroAvatar
ZeroAvatar's picture

Aaaaaaand trot out Bill Clinton in 3....2....1....

Tue, 02/12/2013 - 22:29 | 3239005 Mr. Magoo
Mr. Magoo's picture

*OBAMA CALLS FOR MINIMUM WAGE TO INCREASE TO $9/HOUR

Is that before or after HYPERINFLATION???

Tue, 02/12/2013 - 22:29 | 3239006 goldenbuddha454
goldenbuddha454's picture

At $9.00 an hour that just means I get to fire 2 more employees and work the remaining 2 another 6 hours a week.  Sweet!

Tue, 02/12/2013 - 22:30 | 3239017 Spaceman Spiff
Spaceman Spiff's picture

Say goodbye to the teenage workforce....

Tue, 02/12/2013 - 22:55 | 3239158 jcaz
jcaz's picture

Yep- I'll trim 5 myself-  "Job discontinuation" is so easy...  Thank you Barry-  keep it up, and I'm offshore and on the beach- sweet!

Tue, 02/12/2013 - 22:29 | 3239008 cherry picker
cherry picker's picture

He keeps on talking about hard working Americans

Is he referring to slaves?

 

Tue, 02/12/2013 - 22:35 | 3239050 Mr. Magoo
Mr. Magoo's picture

I think he means the illegal amerikans

Tue, 02/12/2013 - 22:57 | 3239163 Buckaroo Banzai
Buckaroo Banzai's picture

Illegal?? ILLEGAL??!?

That's a HATE WORD! We call them "unauthorized immigrants" now!

Are you RAYCESSS??

Tue, 02/12/2013 - 23:04 | 3239201 Mr. Magoo
Mr. Magoo's picture

Oh sorry I forgot, I guess I am off to FEMA camp region 4

Tue, 02/12/2013 - 22:30 | 3239010 QQQBall
QQQBall's picture

Seems inconsiderate to hold this at meal time... shud be on after midnight on an infommercial channel.

Tue, 02/12/2013 - 22:32 | 3239032 MiltonFriedmans...
MiltonFriedmansNightmare's picture

Should be played in every vomitorium in Rome, where it can be truly useful.

Tue, 02/12/2013 - 22:30 | 3239012 ebworthen
ebworthen's picture

You know the Republic is completely fucked when the members in the legislative chamber feel they need to stand and clap at every talking point.

FUCKED.

Tue, 02/12/2013 - 22:31 | 3239025 Mr. Magoo
Mr. Magoo's picture

What republic ???????

Tue, 02/12/2013 - 22:30 | 3239013 A Lunatic
A Lunatic's picture

From my cold dead wallet.............

Tue, 02/12/2013 - 22:30 | 3239016 Herkimer Jerkimer
Herkimer Jerkimer's picture

'

'

'

'

Wake me when it's over.

Actually, don't bother: I know how it ends.

 

•J•
V-V

Tue, 02/12/2013 - 22:31 | 3239018 QQQBall
QQQBall's picture

How do we create more joobs? Raise the minimum wage to $100/hour!

Tue, 02/12/2013 - 22:31 | 3239021 SillySalesmanQu...
SillySalesmanQuestion's picture

Lets be clear....we are going to screw you even more!

Tue, 02/12/2013 - 22:31 | 3239022 besnook
besnook's picture

the only promise ever delivered in 50 years of state of the union addresses i have listened to was the wierd proclamation by shrub that steriod abuse in baseball would be addressed. i forget the year.

Tue, 02/12/2013 - 22:31 | 3239023 Papasmurf
Papasmurf's picture

He offered smarter government.  Is he resigning?

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