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Obama "Prepared To Negotiate" (After Government Reopens), Says This Time "Wall Street Should Be Concerned"
In an interview with CNBC's John Harwood, Obama once again shows why the polarization in Congress is at record levels. In a brief: he said he is "exasperated", and that the shutdown is "entirely unncessary" but adds that he is (finally?) prepared to negotiate, however only after he gets his way namely after the government is reopened. And another important talking point: Obama added that while gridlock in D.C. is nothing new, "this time I think Wall Street should be concerned." It is unclear how that statement makes any sense in light of Obama's right hand senator Chuck Schumer telling the man who is really in charge, Ben Bernanke, to get to work. Unless of course, Obama is now angling for a "concerning" market crash, which sends the Dow down by 20% like in the summer of 2011, and Obama can tell the stunned public "I told you so."
Additionally, it wouldn't be an Obama theatrical presentation without the usual solid dose of scapegoating and blaming: "When you have a situation in which a faction is willing to default on U.S. obligations, then we are in trouble.... If we get into the habit where one party is allowed to extort, ... then any president who comes after me we be unable to govern effectively." The good news: we have confirmation that there will be presidents after Obama.
Obama would not comment on who he's likely to nominate to succeed Fed Chairman Ben Bernanke.
"Ben's still there's; he's doing a fine job," he said. The ultimate nominee would have to keep an eye on inflation and employment, in keeping with the Fed's dual mandate, the president said.
On Obamacare, the president's most significant legislative accomplishment, Obama said that despite certain polls showing it was unpopular with specific segments of the population—namely white people—the law would ultimately be accepted by the population at large.
Tenets of the bill are popular among "all races" the president said. "The majority of the people who will be helped by the ACA will be white," he said.
The complete Obama interview is below:
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>>>>> BHO Golfer-in-Chief
>>>>> BHO True American Patriot
I thought the WH didn't negotiate with "extremists"?
"The ultimate nominee would have to keep an eye on inflation and employment, in keeping with the Fed's dual mandate" hahahaha thats rich
They said extremist no deal, but assholes always welcome.
funny shit, Obummer really said this??? Right after he gave blowjobs to both Jamie and Lloyd today in their meeting and swallowed their load????
Obama needs to explain why passing the biggest entitlement bill in history along party lines, without negotiation, (possibly even during a recess or something, I forget) is somehow acceptable and above board, but if the opposite party who opposed the bill at the time were to not negotiate over its being non-funded, which is completely consistent with their opposition at the time, is somehow dirty pool. They opposed it then, they oppose it now, and it appears that finally someone has showed up on the scene who is interested in fighting the good fight based on principle. As they say Obama, "Politics ain't bean bag" Finally we have some folks who take this mantra to heart.
John Harwood
the man with the rubber face
and alleged dick in a democratic senator
http://pagesix.com/2010/03/05/dc-journalist-may-have-split-from-wife-dat...
http://gawker.com/5486791/cnbc-reporter-in-allegedly-bed-with-democrat
LOL!
He divorced his wife because he wanted "access"
They opposed it then, they oppose it now,....
Enough with the historically accurate analysis.
Propaganda is worthless when it depends on logic and reason. It needs "feelings" to be effective. Someone has to demonize someone else. What was that about telling a lie long enough and loud enough until it becomes the truth?
Harwood had his distinguished member in her historic chamber.
Obama is worried Wall Street is concerned??? That is good right? I mean if wall street is concerned, washinton is doing something right.
That's actually a hidden threat to the repubs, that he can crash the market if they don't go along. The Fed is the only thing keeping the markets going and Barry is their statist puppet. They have the power to manipulate the market up and down at will.
So Obama is rubbing it in the face of Main Street. He only has wall street in mind when he is negotiating budgets.
They are not even covert anymore. Its downright mocking.
WS would have never recovered from the crash in 2007 if not for the Fed. There haven't been real markets since. WS is being kept afloat by the FED feeding money to the Banks which feed money to WS. Point is, the Fed controls the market and can manipulate it at will. Even for political purposes.
It sure feels like the beginning of a new era in DC, seeing as we all know everybodys cards. There is a new group in town who stand on principle, who won't back down and won't be bought off with favors, and all the rest of the usual prostitutes who it is simply a matter of haggling over their price. Get your popcorn ready. The default is simply a matter of timing anyway, who in their right mind thinks all that is getting paid back. It has not trickled down to mainstreet anyway, it is all a matter of will we keep shoving our debt in Wall Streets feeding trough. When you are broke, it is awfully hard to get any brokerer. The same cannot be said for our overlords.
Here we are, right back where we started with Thomas Jefferson (sought a republic) and Alexander Hamilton (sought a monarchy with private central bank). This is why the NY times writes pieces like this:
Demonizing Thomas Jefferson
http://www.nytimes.com/2012/12/01/opinion/the-real-thomas-jefferson.html...
and Talking up Alexander Hamilton
http://www.nytimes.com/2012/11/12/opinion/mr-hamiltons-growth-strategy.h...
Alexander Hamilton worked hard for the banks. This argument is brought to the forefront yet again, only growing out of it is now impossible.
And here is the 'Chicago Plan' from the IMF to do the worlds largest debt for equity swap once the pile of debt gets big enough. And low and behold the senator from Chicago is doing his damndest to build that pile of debt. The gist is this, we are selling our sovereignty off to the banks, who at the appropriate time will offer the worlds biggest debt for equity swap, where we trade our soverignty, our roads, our national lands, in trade for our debt. And then it will be complete, just as the forefathers warned we will wind up homeless and penniless (eventually) on the ground our men died to preserve for us. Wake up people!
http://www.imf.org/external/pubs/ft/wp/2012/wp12202.pdf
The more I think about it, the moreI become a fan of Aaron Burr.
I liked Perry Mason.
I like pears in Mason jars.
"Obama needs to explain" REPS need to f*king shut up! win the Election first. Obama needs Nothing,
Minority should just f*k off at this point, Win first, mfkrs, then dictate, Default
at this point 80% certain.
Yes, minorities all need to fuck off, eh asshole?
King of the fucking mountain at all costs.
Win.
Then DICTATE!
HAHAHAHAHA! Nice one Mugabe!
Slavery was a law too. Fuck the minority.
That's not how it works. The House can do whatever THE FUCK they want as they are in charge of the purse and Bronco Barry is the housewife with the credit card. They can cancel that card and cut that fucker up any time they want. Read the separation of powers asshole!
That's why Obama is FACTUALLY as wrong as you. He HAS TO negotiate. He has no choice. 3 branches of govt. EACH equal to the other.
Its not about winning, unless you're a Lakers fan.
Democracy plus 1 is mob rule. Obama and you should both open up a civics book sometime.
Try it asshole.
AMEN
If Obama can decide not to enforce the laws he's not in favor of DESPITE THEIR being passed into law and funded by the House (see: Immigration), then why can't the House decide to not fund laws that they don't agree with?
And how many talking heads (aka Administration Apologists and Shills) and (D)'s have you heard stating the SCOTUS ok'd the Affordable Care Act? SO FUCKING WHAT. They said it was Constitutional....they did NOT say it was a good idea. These cunts, in the context of their statements, imply the latter.
Of course the "counterpoint" talking heads never voice a worthwhile argument or rebuttal. Thus the illusion of an aisle between Team Red and Team Blue.
P.S. The Congress is well in line with the majority of the American public on both immigrantion (sic) and obamacare. Obama is AGAINST the public on both counts. Yet you won't hear that from any of the supposed conservatives.
Best response I've read this year. +10000
I mean, really, who cares about the democratically elected representatives passing the law on a clean vote (not during recess) compared to "principals"? No "negotiations"? How about surrendering the public option since the Republicans didn't think private insurance could compete with public healthcare (which means private INSURANCE is a lousy way to deliver HEALTHCARE). Using this logic, one could shut down the government for ANY "principal". And of course, given a big enough block, you can. And get kicked out of office by your constituents. It's called DEMOCRACY.
If the Republicans are ready to stop playing Pepsi to the Dem's Coke, then I'm ready to get behind them. Hopefully, the party of "Leviathan - Now With Less Taxes!" has been laid to rest for good.
"...And another important talking point: Obama added that while gridlock in D.C. is nothing new, "this time I think Wall Street should be concerned."..."
Translation: That's a nice little pile of paper profits you got there. It would be a shame if my boy Ben were to, you know, start tapering all of sudden...
""The majority of the people who will be helped by the ACA will be white," he said."
Ummm yeah! WHITE INSURANCE COMPANIES' CEO'S!!!
You would think people would see Obomber is not a good negotiator...
He should hire Putin or Rouhani to talk with Boner!
His base doesn't even want him to negotiate. He will never run for office again, and Joe Biden doesn't want to jeopardize his 2016 run.
That's probably the template for the next three years - Obama shelters his ego under the adulation of the far left, and tunes out everyone else.
The ACA WILL COLLAPSE ON IT's OWN WEIGHT,,,,,,,,,no question...get the popcorn...long I told you so..
the kill switch
Why is everything about race with this regime?
Forward (over the edge)!
When you've got only one card in the deck, that's the card you play.
Wall Street told him today that the markets are weak and a correction is coming. Obama is getting ahead of this and warning the people that Wall Street is not going to like it. In 2009 he said to go out and buy stocks because the banks told him the money would flow that way. Today they told himf that the run is done, the well is dry and the markets are going to tank.
Nobody gets the blame, nobody will take the fall or say they didn't know what they were doing.
CYA all around
Orangatang is like listening to my ex-wife argue her point..."I'm for fairness, mutual understanding and respect - As long as we do things the exact way I told you!!"
The years I spent trying to comprehend that insanity!
"The years I spent trying to comprehend that insanity!"
Exactly the same number of years your ex-wife tried to understand your point, asshole.
Are you the old, bleached, gritty EX or did you only get a few years trying that line before somebody not as nice dumped your insanity?
It seems to be a common psychotic form of insanity.
Yep ! How in the world does Barry keep a straight face when he says stuff like that ?!
Lloyd & Jamie delivered the same message to zerObama (the best bitch Wall Street Money can buy) they did back in 2008; give us whatever we want, bitch, or the 401(k)s/Pension Funds, along with BubblesBernank's 4 years of bubble blowing of a certifiable Ponzi "Virtuous Circle Jerk" get blowtorched.
They'd better be careful in making demands on BO. He can drone them if he so chooses.
I don't think you understand who runs the show. When da jews walk in, Obama gets on his knees and opens his mouth as presentation.
Lemon has proven well that the freedom of speech is a right for all of us-- even for asswipes like him. Bravo lemonobrien you douche- Don't forget to have someone tighten your helmet when you go out to play.
People say only Nixon could go to China. Likewise, only Obama could go full-retard with handing the country over to bankers.
Whisper rumor that Hank "Tanks In the Streets & Martial Law by Dawn, Bitchez" Paulson has been put on standby by the Too-Big-To-Jail.
I thought the WH didn't negotiate with anybody. "Gimme all I want or the kitten gets it." Fuck that. Give me the kittens, I got a sash weight and a river. Kitten flotation testing time!!!
They don't negotiate with them but they do give them weapons. See : Al-Qaeda in Libya and Syria.
They are going to collapse the system. There will be gridlock and lip service until the 17th, at which point we will default. Plan accordingly. Hope everyone has used their time wisely and accumulated as much cheap precious metals as was viable. Good luck, gentlemen. It's been a pleasure.
Stop it. I'm getting all misty.
It would be a "take the inevitable medicine" moment, and hence, good when viewed over the long term and in retrospect, but the John McCanuses & Lindsey Nancy Grahams will ensure that the government beast resumes operations soon, and grows even larger, more inefficient & more parasitic over time.
a default would push metal prices much lower.
Briefly. Until the realization hits that nothing else is worth dick except tangible commodities. Then, who knows? We can only extrapolate because this has ever happened before, not at this magnitude.
It's happened thousands of times before. Every Fiat currency has gone the same way. It' why there are things like Gresham's Law written down.
There have been thousands of worldwide fiat collapses before? Truly? Which planet was this on?
Scale has no impact on it. The difference between then and now is that your ass might be on the line, so obviously you're going to react irrationally and claim that it's different this time. The only thing different this time is that you are involved.
In other words, you're getting upset over being a party to it, which means you're being an arrogant ass and letting your ego do the talking about how concerned you are without having compassion for the instances that you should be learning from.
Collapse it.
Wacthing the Lofohs and gimmedats get zeroed out on their food EBT cards, PRICELESS!
And watching the fedz wurkers without a job, even MORE PRICELESSER!
Scale has no impact? You my good sir, are a fucking idiot. The rest of your post reeks of projection and false assumptions. I'm actually quite pleased and have actually been looking forward to this moment for quite some time. It is as necessary as it is unavoidable.
I've learned enough to prepare. The question is, have you?
Uhh, no.
...yes, and make delivery impossible at any "price".
JPM has been doing a great job at that already.
Yep. Default is basically a taper to DA MOON BABY! It would be a deflation supernova!! Fan-fucking-tastic!
It would not be even close to a deflation. Everyone will scramble to put cash out and there would be such large amounts of fiatsco floating around as people are trying to get rid of their useless dollars. That's called Hyper-Inflation.
There will be no deflation. Once default happens, Obama takes out the Republicans, restores Pelosi, and goes on a spending spree.
Note to self: Buy a few more head of cattle. Get some new houseshoes. Burn the television.
Besides using the phrase "extremists," Obama and his cheerleaders have also been equating Tea Party Republicans with terrorists or even outright calling them terrorists. I've seen this all over the place within the last week or so. They call them anarchists, say they're "holding the country hostage," etc., and Obama and Democrats are "not negotiating" with them.
I don't think this is unintentional or simple partisanship. The language involved is important, and I think this is the result of a focus-grouped strategy to plant the idea in the public consciousness that those who oppose excessive government are violent extremists.
[Let's hope this doesn't tie in with all that ammo DHS bought.]
I'm sure the same language was used against the people seeking reform before the Soviet Union collapsed.
Remember it was a fiscal collapse that made Hitler possible. Hitler called the Jews and Gypsies and communists, terrorists.
he was half right. history at the time, contemporaneous events at the time, history since then, and our own contemporaneous events bear witness to the truth of that.
"I don't think this is unintentional or simple partisanship."
I don't either. That's "We're talkin' over the Carter!" language.
There is a very good reason for this rhetoric. The Patriot Act allows the President to designate any organization as terrorist, seize their assets and put them in jail. Obozo is laying the groundwork to officially declare the Republican Party to be a terrorist organization once the debt ceiling is breached. This would allow him to jail all GOP House members and order special elections for those seats in which only Democrats can run. I expect him to do this for real.
Dry run?
http://beforeitsnews.com/international/2013/10/nwo-greek-test-how-to-rou...
The Kenyan just cant't get a break!
Negotiate? Nah. Create, recruit, fund, arm and unleash on the other hand..
@SWR:
When you are pushed hard enough to play the 'race card' (white people) as President of the most powerul nation on earth-------------
You are ready to negotiate with anyone and everyone.
I still cannot believe he said this:
"-------------Obama said that despite certain polls showing it was unpopular with specific segments of the population—namely white people------"
and this:
"The majority of the people who will be helped by the ACA will be white,"
He must be really spooked.
Agree. The fear is palpable.
>>>>BHO Total Douchehat
>>>>BHO Partial Douchehat
I'm the downvote.
He's part asshat and part douchehat. He's an ass-douche.
I checked with the judges and that is an acceptable answer.
I vote for Iceland solution.
http://www.businessinsider.com/what-the-world-can-learn-from-icelands-default-model-2011-8?op=1
If Iceland isn't soon declared to be part of the Axis of Evil, I think something fishy is going on with the whole thing.
Appears the sorry SOB has LIED yet again.
We should have National Holidays for when he tells the TRUTH,not to worry, might add ONE per year.
fuck the muslim in the WH......
let him be the one who DEFAULTS..... for the history books, for his legacy....
in any event..... you cannot fix this shit anyway.... you need to destroy the monster first to start fresh and new....
NOW IS THE TIME.....
if this republicans have any BALLS, they ought to DENY the increase on the debt limit.....
time to see the difference betwen men and boys
FUCK THE SYSTEM
I think Blankfein screened the Zapruder film with him.
lolz
I am confused. Is he starting a race war or a class war?
The class war has already started.
Guess I better enlist...before I am drafted.
I drafted you already. You are my starting center.
Thanks for your confidence. I only have a couple of questions.
It would be a revolution, not a class, civil or race war.
A revolution IS a class war.
Although, how many revolutions in history have NOT been bankrolled by these same guys?
Please define 'money'.
Paper FRN?
Plastic EBT?
Or the 'hard stuff'?
Well, HH is on my "Fantasy Apocalypse" Team for sure. Can someone get the website up and running?
Hubert Humphrey couldn't get elected if he was risen from the dirt nap.
I dunno. Dude writes more like a power forward.
Re; The class war has already started.
The trash-class only hates other members of the trash-class. The Red and Blue Team enrich the top 20% (class) by keep the trash-class fighting with each other.
I think it was a race class war.
What a bellyaching cocksucker.
That's offensive to cocksuckers. They at least perform a useful service.
Do they serve milk and toast at these press events?
Regards,
Cooter
I've been very curious about what just exactly is going on and the thought came to me last night, "maybe the powers that be are realizing that there are too many of them and there isn't enough plunder to go around anymore and they are now fighting for the biggest piece of the pie." Maybe things will just continue to get more interesting.
Yes, this is what brought down Lehman, and Bear Stearns. They are turning on each other again. It is kind of like having everyone in the same house, locking the door and setting it on fire while you hold the key. Things could get out of hand quickly.
I think republicans will still lose in this battle. But that's because of the full force of the MSM, newspapers, magazines, major blogs, whatever kowtowing and working overtime to protect this jerk's reputation while also working to obliterate any opposition.
As learned from the 2012 elections and especially their sidelining of Ron Paul, the fucking MSM is just too powerful.
Re; the fucking MSM is just too powerful
And there just aren't enough people who don't want free money to vote for Libertarian.
How many people you know directly or indirectly getting loot from any of these socialist scams who are ready to give-up it up: Big-Ag, Big-MIC, Big-Road, Big-Water, Big-Airport, Big-Energy, Big-Ed, Big-House, Big-Fin, Big-OldFart, Big-OldFartHealthcare, Big-AntiDrug, & Big-PoliceState.
Yeah, me either. Even the guy in the mirror agrees, socialism is wonderful if you are in on the scam.
I don't know why you were junked for that. Unfortunately it's all too true.
True. If you're part of the system, you have everything to lose.
I'm talking about the MSM though. They are absolutely, utterly dangerous. I know I shouldn't be surprised at how dangerous and powerful they are, but it is flat out painful to watch it grow while everyone in my generation has more or less bought into the socialist, buck-passing, you can be instantly gratified, join into this cult or be treated as a pariah-like mindset. It is TOO sad
All over social media, all news channels, etc., the battle was lost more than yesterday. Republicans are evil, wanted this shutdown, are mean, anti-women, racist, anti-poor, funded by the ubiquitous Koch brothers, blah blah blah blah same talking points, different day script.
Re: different day script.
It's called stereotyping and profiling.
The funny thing about stereotyping and profiling is how hard it is to prove you aren't really like that.
Kinda interesting, isn't it?
Did you know that in KaLiFoRnIa we don't even have a Red Team left. It's gone. Are there really no Conservatives in KaLiFoRnIa? I'm a conservative, but I'm not a facists. Who do I vote for?
We're here. Sorry, we are just done being laughed at and marginalized. We have just given up trying to change this fucking train wreak and have decided to hunker down and prepare for the big one. We are well armed, networked, prepped for long term essential services and are ready to do what it takes to survive. I only hope it doesn't happen before Oct 9 when I get to pick up my shotgun and AR-15 waiting on hold for me. Don't mess with us blue pill motherfuckers.
Miffed;-)
Government Trolls on Minimum Wage. That's all Hoss. Stix 'n Stones...
If the balloon goes up, reporters are fair game.
NO, NO, NO! Think again. It's the Republican party, Man. They couldn't get laid at a benefit w h o r e house. They need no help screwing this up. Look at how many have voted for ObumCare.
Even if the Republicans win they will still lose in the media. This is why Boner should call a press conference, tell Reid to go fuck himself and adjourn the House for a month.
Frankly, the ObamaCare impasse is about the money. It’s the Fed money that buys the Congress and buys an Administration and buys the industries supporting them such as government-connected bankers and Big Pharma so that the people’s voice is silenced. And there’s no better example than the shrill, aggressive, completely over-the-top media literally shouting down the voice of the people.
If you think shouting down is not what’s happening, just check out Ashleigh Banfield in her so-called interview with GOP Republicans Dana Rohrabacher (R-CA) and Marsha Blackburn (R-TN) on CNN Sept 30, where Pumpkin Ashleigh in her Fed-cushioned Big Media seat constantly talks over the people's representatives, berating them for “acting like spoiled children in the budget debate.”
Here’s a part of the exchange from NewsBusters written by Matt Hadro. It’s amazing, even without Pumpkin's facial language:
CNN's Ashleigh Banfield scolded two Republican congressmen for bringing the U.S. economy "to the brink”….
"[W]hy connect the funding of the government, the entire U.S. economy, why bring it to this brink? Why not do it at all of the other times? All of the other 100-plus congresses have been able to fund the government," Banfield asked Rep. Dana Rohrabacher (R-Calif).
(Except not all other congresses have funded the government. There have been 17 government shutdowns and funding gaps since 1976. And Rohrabacher didn't like Banfield blaming Republicans for a possible shutdown.)
"[Y]ou're telling your listeners that we Republicans are holding this up, and the government is going to shut down. We have actually reached out to the Democrats with a compromise position," he responded. Banfield answered that she was, in fact, blaming them.
"Congressman, that's not fair. Don't you dare put this back on me," Banfield fired back. "You know full well you attached ObamaCare and defunding it." (Crosstalk) But you can't make something up. You cannot make something up.”
"Am I a guest on a news show, or are you here to give us a tirade? Let me finish my sentence," Rohrabacher insisted. "Excuse me, do your listeners understand this is the same thing we're putting up with the Senate? We offer a compromise; they won't even talk to us about it. You won't even talk to us about it. Whose bidding are you doing?"
From the end of the transcript:
ROHRABACHER: The Republicans have wanted to compromise. They've said hit the road.
BLACKBURN: And we are working. We are working. We are in session, they are not.
BANFIELD: You are not the only two on the hot seat... Please fix this mess for the rest of us. We really – we like to pay you your big salaries, but we'd like for you to do more and do more negotiating and figure it out. You are like intransigent kids.
BLACKBURN: No, we are not. The House has been working –
BANFIELD: All of you.
Video at:
http://newsbusters.org/blogs/matt-hadro/2013/09/30/gop-rep-blasts-cnn-anchor-are-you-here-give-us-tirade#ixzz2gaoQQgiA
Obama is the spoiled child for not wanting to negotiate. Give it time and no one will care that the gov is shut down. Just like the sequester.
Obozo doesn't care about the shutdown either. It is the debt ceiling which scares him - because he will actually have to put down his golf clubs and do something.
I heard that on the radio on the way home yesterday.
Her voice makes me want to jerk the wheel into a goddamned bridge abutment!
(yes, stolen from Tommy Boy)
pods
I'm not a big fan of the Rs, Obama and specific Ds (let's pretend it's two parties...hahahaha). However, I f-ing despise, hate and have vivid dreams of the pain the MSM should suffer for lying their asses off to the American Sheeple about all things involving the economy (NTM their actively dumbing down America with their infotainment"). I want my post-Apocalyptic horde to skull f-ck her when they finish with the rest of her.
THIS IS ALL A F_ING CHARADE! We are never, never, F_ING NEVER going to return to the way of life our parents wanted for us or what we want for our children. 17,000,000,000,000 reasons (and counting up by the minute) will eventually cause a real default as the dollar standard goes out with a whimper. Not a "blame Team R" 17 Oct psuedo-default, but a no shit "my SSA check can't buy a can of dog food" default. The type of default where the biker gangs of New York pull that dude out of his SUV, beat his face to hamburger, and then rape his family to death because they want to, not because of a BS bump. The kind of default that erupts in such mass violence of despair and fear that even TPTB and their DHS goons will do little more that be able to protect a few walled city-states, where life will at best be 1984 on steroids. So chose your poison...SS goons fist f-ing you if you raise your gaze on them, or run like Max in the Wasteland.
But no, that's all just a nightmare. Math will never catch up to American Exceptionalism, bitch (as Jesse Pinkman might say). We'll be all living like hipster kings 4ever posting our latest bowel movement on Facebook from our iPhone 12!
Re: to the way of life our parents
Our parents? Our parents set-up the debt based scam we've got now. They were as clueless (or sociopathic) as any in history. Our parents are (or will be) driving around on government motor-scooters and getting million dollar hip replacements and bitching about the freeloaders wanting free shit from the government.
Duplicity, ask for it by name. It's what got us here and what shows you are an adult.
Depends where you stick the starting line. Was it 1910 on Jekyll Island? Mid-80s?
as to the clueless/sociopathic ratio, I'm guessing all generations since 1910 have been 95 - 5 (+/- 10 points the closer you get to the Internet Age).
Re: I'm guessing all generations since 1910 have been 95 - 5
Yeah, it's been the smart-n-savvy sociopaths screwing the dumbasses since (well) I think it might have been before 1910 actually.
There were these families in Medieval Italy who built bigger-n-bigger brick towers to show the other families how big their dicks were.
I think they'd fit right into todays world.
That effing punk makes me want to puke.
Which one...Softball Harwood or Presidictator zerO?
What a buffoon.
So this is what the market has to worry about. First and to start October, the shutdown of the government (with the real issue being the debt ceiling limit being reached by mid-October). Second is third quarter earnings season which looks to be "challenged" to say the least. Finally, the start of the holiday shopping season in November which again looks to be "challenged". Three major events that all should create significant concern for the market but ultimately won't based on the following "spins":
- Washington reaches an agreement, all is well, both parties take credit (even though absolutely nothing has changed and the country is given the golden ticket to incur more debt).
- Third quarter's earnings are released but to the surprise of almost everyone, are better than forecast. Of course this will be based on all of the revised forecasts and warnings provided in September with no mention of the massive misses from the original forecasts provided in Q1 of 2013.
- The holiday sales season will be weak but saved by late buying from massive discounting. Unit sales activity along with late season buying will be emphasized to con the masses into believing that the consumer is alive and well. Not until the real results for Q4 are released (in early 2014) will the exact damange be known as it relates to eroding margins, inventory write-offs (for items that didn't sell), and cash squeezes.
So be very frightful this Halloween season as the spin doctors will be out in full force to once again, take any bit of news and give it the best tag line possible. MSM will simply not be allowed to tell the truth as the economy once again, hits a wall.
Bullish!
Buy Buy Buy!
Remember the investing rules of today is that FED "Truth" is the real truth. Everything else is just *yawn*.
fundamentals? really? since when did they matter?
If you are a heroin addict and you keep getting allowance and your credit card limit increased. WHAT are you going to do? QUIT?
fer fuk sakes!
BTFD - bennies got your back. he's going to a'printing and nobody needs to know. plenty
He's a lying sack of shit. Putting a condition on negotiations. Fuck him. We all know that if the GOP caves on sending a clean bill to the Senate for a vote, there will be no fucking negotiation. This cunt has proven he is a cock sucking liar too many times. Can anyone say "Keystone Pipeline". Lying prick.
His boss, Mr. Beijingles, has certainly passed on instructions not to default.
Mr. Beijingles ... now that's funny.
my buddy asked me today why bank of america moynihan was standing next to the most honorable serene highness (doing god's work) lloyd blankfein at the big bad bambi luncheon.
i explained to him (as i will to you, sorry to be pedantic) that the people running the show are:
jamie dimon (loved zh's earlier piece on how the .gov is sueing jpm for lying ($20 billion) and yet listening to this guy), lloyd blankfein and warren buffett. moynihan is a begger holding the biggest pile of steaming mortgages potatoes (sic). moynihan is begging, 'please big bad bambi, don't let it go under on my watch'. lloyd and jamie are trying to figure out if the 200 TRILLION in CDS they own can handle that (and probably they can't otherwise, he would not have been invited). thank about that.
my bet - moynihan going under the bus.
anybody seen jonnie corzine lately?
his forced hand gestures are annoying as phuk.
ZH's comment perfectly summarizes Team D's position:
"Obama ready to negotiate.... After he gets his way"
Obama interviewing on CNBC. Like watching two cheap hookers mutually screw each other...
oooooobaaaaaaaaammmmmmmmaaaaaaaa...
Only a mulato President can talk about race like that.
"The good news: we have confirmation that there will be presidents after Obama."
Good one.
So, this is all about the zionists collecting interest on the debt, right?
Do we even need zionists?
Let the fuckers go back to Russia or Judah land and take their slavery program with them. Silver and gold coins and certificates, state banking charters, minimum government, no FED, no IRS, no Homeland security, no NSA, no CIA and a defensive military commitment. Just say no to Oblama and the rest of his Bresinski demon hoard.
I just love the idea of minarchism in America.
^this!
well Obama is not Clinton; last time this shut down occurred it got Clinton into Monica Lewinsky and it got Newt Gingrich into big trouble; it killed his career.
Boehner? Obama?
Good one.
Just like the sequester, the longer the gov stays shut down, the more the people will learn to do without. If Obozo does not act fast, the Republicans will win.
"Obama added that while gridlock in D.C. is nothing new, "this time I think Wall Street should be concerned."
B.S. With very few exceptions (whom you can count on one hand), members of both parties have done NOTHING as the Fed reached into the wallets of savers and enriched the Wall Street elite with a heavily-skewed monetary policy. Both parties are in the hip pockets of corporate lobbyists and big-money donors.
Listen here half white negro, what you are proposing is called extortion. You sign all the bills first, then your 800K of non-essential government bloat can be discussed as a reduction to the debt ceiling funds needed to run a government that is currently shutdown and functioning just fine..
Naw, it's called nigotiating.
We have all angles covered.. One fucking breath of starting a terrorism act in order to pass his agenda.. The man will be thrown out of the White House. A parody can postpone atrocities of sick minded individuals who wish to remain in control.
False Flag - Coming Soon!
Re: then your 800K of non-essential government bloat
800k * 100k (salary) = 80B$ / year.
What percentage is 80B$ to the 2T$ the government hands out every year.
What percentage of the budget are these scams: Big-Ag, Big-MIC, Big-Road, Big-Water, Big-Airport, Big-Energy, Big-Ed, Big-House, Big-Fin, Big-OldFart, Big-OldFartHealthcare, Big-AntiDrug, & Big-PoliceState?
Just cause one guy is balls deep in me I don't have to give a pass to the guy who's only halfway.
pods
Ignore their salaries.
How big are their spending budgets ???
I guess at leat 10X the salaries.
Re: How big are their spending budgets
Yeah, exactly. AND, who gets SPENT ON. Who is getting the loot for: Big-Ag, Big-MIC, Big-Road, Big-Water, Big-Airport, Big-Energy, Big-Ed, Big-House, Big-Fin, Big-OldFart, Big-OldFartHealthcare, Big-AntiDrug, & Big-PoliceState – and (now) Big-Space.
Government exists to give money (spend) to people. How many people do you know getting loot from the government? How many people you know indirectly getting loot from the government (like a contractor working for a patriotic corporation getting money from Big-MIC).
You take away the socialist scams and the entire country shuts-down.
"the nominee should keep an eye on inflation..."
lol, the Fed is the reason for any inflation and for the last 5 years they have desperately been trying to generate inflation (currently visible in liquid and illiquid asset prices). The deflationary bogeyman is still out there and therefore Fed policy will never change i.e. pump, pump and pump some more. A collapse in the long bond is all that is needed to counter the lunacy of printing indefinitely.
Re: eye on inflation
That meant not letting it get too low.