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President Obama To Explain The Bear Thesis To Equity Bulls - Live Webcast
He started the ball rolling on the "Do Panic" rhetoric yesterday, and it didn't work. Jack Lew stepped up this morning with some more fearmongery and we suspect during the President's address at 1040ET this morning he will point out the Armageddon that will occur should the debt ceiling be breached - and ask why aren't equity investors selling? It seems he needs to appoint that non-bubble-blowing Fed head asap...
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"Non-bubble-blowing Fed head"? Is that even possible these days?
President Psycho Douche
no beefcake behind him today?
Fuck.
You.
Obama.
I don't know how else to say it.
AT LEAST $20 TRILLION IN DEBT BY 2016...THAT IS WHAT IS HEADING OUR WAY!!
Obomber should be careful what he wishes for
2013...the year a President tried to crash the markets.
dont hold it against the big "O"...he still has checks in the book ...so..."we gots to have money".....
All the deadbeats have to do to pay their bills is print money like the Fed does. Whats that? You´ll go to jail if you do that? That´s against the law? But you do it! What do you mean it´s different?!!!?
I am so tired of listneing to this douchebag talk about nothing. Go get something done and then come talk to me and I might listen.
Fuck you , you no birthcertificate bisexual wanna be dicatator , Barak Marshall Davis Obama. Your whole existance is bullshit you will get yours in the end, On a long enough timeline.......
It really is breathtaking how he lies effortlessly and is actively pursuing the destruction of America along with his able self anointed royalty on both sides of the aisle.
The concept of orwellian doublespeak was always whimsically idiotic to me until the scales fell from my eyes a number of years ago, and now it's goddamn scary because acolytes watch this garbage and take it in like it's gospel.
Dems like to say Obamacare is the law of the land and Obuttfuck was re-elected. They neglect to say that it was passed on a big fucking bunch of lies(you can keep your insurance, doctor, will lower your costs by $2,500 etc). The fucking people who support this ignorant piece of shit deserve the fucking they are going to get
what I find particularly disgusting about that "it's the law" bullshit is how they've sharpened their talking points to include things like "we won an election on it" and also how they castigate congress for trying to LEGALLY grant the average american citizen the perks that barry the bumhacker ILLEGALLY granted corporations.
More Like President Cover His Ass now!
Tell Boehner he can gargle his third Martini down now: the Republican refutation of the Obama lies today will be easy enough without a semblance of sober reason
Who listens to this assclown anymore? Such a fucking embarrassment to the US. Forward- yeah Fuck You
lots of layers of anti-reflective coating on the teleprompter today:
President Psycho blew out too many brain cells in the Choomwagon evidentally.
They destroyed the world.
The entire Los Angeles area, already hospital facilities have begun to crack under the strain and civil defense authorities think the situation is much the same across the entire country.
Martial law is now nationwide.
Major cities in all parts of the country, New York, Los Angeles, report plague victims falling dead in the streets, in their homes, at their work. The first symptom appears to be severe choking, followed by immediate unconsciousness.
Death occurs within minutes…..
Campaigning for collapse. What a douche.
You nailed it. I hope someone stands up and asks him then why don't you save us and negotiate a deal! ASSCLOWN!
Live by the lies, die by the lies...Wallstreet eats the shit that Bubbles & Obama have fed it. They have no one to blame but themselves for creating this feedback loop. Fuck shit eating Wallstreet pumpers as well as the shit shovelers.
Cloward & Piven, has been all along.
the fromp in chief is doing his best to talk the market into crashing LOL.
Obama To Explain The Bear Thesis?
What happened to Obama betting on America?
http://l.barackobama.com/betting-on-america/
Maybe it is really Wall Street that is betting on Obama?
Wall Street makes money selling dope to debt addicted governments.
h_h asked:
Perhaps this is the page you're looking for:
http://l.barackobama.com/three-card-monte-on-america/
"I placed my bet on the American worker. And I'll make that bet any day of the week." —President Obama
Unless I decide I know best, I always do because I am black and your a racist, then it's my way or the highway you stupid sonsabitches!
Yay. More rhetoric from the fearmonger in chief.
Somebody get me a vallium.
While you're at it get me one too.
I need a percocet, this shit ain't funny no mo.
The only way I can laugh is through artificial stimuli.
Hey, I gave remarks the other day at the M. Luis Construction Company too!
WTF?
the setting is just too funny
I really hope he comes out on the conveyor belt.
okay, now that I've listened to a few minutes of the speech, I really hope someone makes him leave on the conveyor belt instead
the bull shiter in chief after the music... cant wait
Chief Shitting Bull
The Presidential alarmist is late.
He is not allowed to talk in public until POMO starts. They are just waiting for the little green light from the Fed to come on which activates his teleprompter system.
Reminiscent of the Hank Paulson Gambit: "Give us all your money now, or we'll kill ourselves!! "
Just fixing the blame in advance as the red lights in the cockpit are already flashing and they all know it.
This is what Jamie (silver smasher)Dimon and Loyd (god's work) Blankfien tutored and ordered Obama to talk about today, they did after all visit the white house yesterday and had a luncheon. It's the Market silly, not this political rhetoric, tell the people the market will crash and so we can motivate these assholes in congress to raise the debt ceiling, pass cr and obama zombie care etc.
Same playbook to get the Bailout to pass, the sky is falling, martial law, blah blah.
I am with you on that brother. By the way good beer.
Out there.....http://13wham.com/news/features/top-stories/stories/major-online-black-market-drug-site-shut-down-6226.shtml
Is than an asphalt plant? LOL
Who the hell knows, what a stage.
Rockville, Maryland is a paved strip mall of a town 1/2 hour from the White House.
The only things I know that are produced there are burgers, pizzas, shifty auto-repair shops, bars, a mall or two, and permanent road construction.
here we go.
EDIT: So the feel good story is about a construction company that got started with a pickup truck and wheelbarrow. The kids started helping at age 14, then went to college and started their own businesses. Recently they bought the construction business from their parents. it is now a $60 Million dollar operation with 250 employees. This story just goes to show you if you work hard at something you can pass down a better future for you children.
What we need, especially during this shutdown, is for somebody to tell this story, but not from the perspective of a the typical small business owner, doctor, engineer, etc. I want this story told from a good statist family, that passes the family businees down to the next generation.
You see, my grandfather was local D.A. eventually get got on the city council. He was able to send my mom to college to become a corporate attorney, with an LLM in tax. She has been a lobbyist in G.E. for 30 years now. Me?, well, I naturaly went to college, I studied communications. I see a bright future for myself, perhaps on MSNBC. I am not sure how they are funded, since i never see any adverts, but myh mom probably knows ...
This is the better future availible to all statists families.
At least we know where the priorities lay...
Grocery stores on Army bases in the U.S. are closed. The golf course at Andrews Air Force base is open.
Short sleeves rolled up. Good start. A man of the people.
He learned that trick from Smiling Joe Biden.
And buttfuck cramer
Anyone who rolls up their sleeves, but leaves their tie and top button done is a fraud.
He never wears light-colored button up shirts or else you would see his Che Guevara t-shirt underneath.
LO fucking L.
What a douche.
Why doesn't the douche in chief just wear his NM Rothschild's & Sons security badge and corporate ID on his shirt pocket?
The economy is subject to the whims of a madman. This is why planned economies don't work. There is always some corrupt madman who will benefit from planning for it to crash.
NEWSFLASH: Wannabe rock star prez pats career politicians and flacks on the back.
Canned applause. Zzzzzzzzzzz... back to polishing the brass on the Titanic.
Where are your safety glasses, fuckface?
Probably needs a (teleprompter) helmet to be complaint too.
... and steel-toed FootJoys.
OSHA not working today.
Haven't listened to Obama since the Romney debates.
Impressive teleprompter reading skills so far.
Where are the drones?
The Marxist con man speaks. Where are all the prop citizens?
Steady progress my unemployed ass.
Fuck you - you shameless bullshitter.
What are the odds that K-Hen is BUYING vol today?
Nah. I was just trying on my tinfoil hat ...
Hahahaha, you’re the train wreak asshole. How is that health care website working out? This is all under your watch.
Every sentence has a lie in it. WOW!
Sadly not a new record
Right on time, POMO starts at 10:45, exactly the same time Obama starts talking , and voila ES turns straight up off the low.
All this prick does is make political speeches and not fulfill any of his promises.
Non-stop campaigning from a lame-duck mulatto shit 'n shinola mandarin.
Lies on top of lies.
He lies about the things he lied about.
why is this asswipe on my screen? please, maxine waters, come get your man and take him home.
When Potus is just another guy, he can take Al Sharpton's slot on MSNBC ...
Do you lot think this impresive imbecile believes what his pre-loaded 'Promter' tells him?
I honestly think this scrawny, pot smoking fuck nut really believes the shit that spouts effortlessly from his pencil-necked, rat infested mouth.
He is genuinely 'That Stupid'. And he proves it beyond reasonable doubt, every fucking time he opens his man loving lips.
Stupid cunt. :-)
Listen to Mr. Non-partisan attack. He wants it shut down. I hate this mother fucker.
Close the motherfuckers golf course and watch him whine like a bitch.
Yes please, fire the whole bunch and then take a hike yourself.
Americans got a partisan Community Organizer!!!!!!
Obama, the government is functioning without your non-essential bloat. Can you explain why it is necessary to bring back workers that don't provide value added resources?
vile human being.
This is one of his more pitiful performances; what in the fuck is he saying?
They really dragged in the delusional sheep too; "Yeah! Clap-clap-clap."
"Congress must be non-partisan!" WTF?
Constitutional Scholar?
Epic bonehead.
Uhh now he's stating more than 6 Million people visited the Obiecare site the first day, but that was already proven to be untrue.
I know I visited 16 times before I gave up. Couldn't get in
The servers were crashed by essential .gov employees and personnel vigorously viewing porn that could potentially be a national security risk. You can never be too safe you know.
The Republican response will be interesting.
What does Putin think?
"gas 'em."
What did the IRS scandal teach us? Both the Republican and Democrat establishments hate the tea party. The way Obama blames specifically the tea party and Boehner does not seem to defend them or have any point to any of this makes me wonder if this is simply a way for the people in the know to make money and destroy the tea party at the same time.
those 25 "terrorists" holding up the Red/Blue fascists running the country.
A "divide and conquer" community organizer.
bwahaha... oh this is great theater. These clown politicians and their president leader are better than any primetime TV. Stomping feet. Throwing tantrums. Making speeches. Pointing fingers. It's all their fault. "Those republicans." "Those democrats." lol omg this current government is so dysfunctional. The sad part is that most Americans think this is 'normal.' The founding fathers are rolling over in their graves.
The funniest part of all this is that Wall St. is just yawning and watching with detached amusement.
they do see themselves as blithe masters
Look who is spinning blame again. Shocked I tells you.
Ohh great.
"You don't negotiate by putting a gun to a persons head" - Obama
"Here is the 80,000 page tax code. here is my service weapon." -IRS agent.
Had a conversation w/ fellow at the gym. We're in a blue state. He mouthed the same lines word for word that Potus has been repeating for several weeks. Scary. Go Goebbels go!
Watched some interviews with Nixon the other day. He appears to be quite sane and rational. He was certainly connected and an insider, but also intelligent.
When you see Richard Nixon and admire the man, and can barely watch this spectacle up on stage, also scary.
Good to be scared, since it's real.
Spendintg more than we have is.... routine
Who does he want to sell? Retirement accounts? Where can they put the money? The banks have it all locked up? Individual investors? ... for the most part don't exist, except for the 1% and they a in tight with the banks. The banks now own or control by far the vast majority of equities and they also control price through their specialist and market making trading coputers.
THERE IS NO FREE MARKET.
So, the wealthy tied to banks are supposed to panic and sell to the banks who are keeping prices artificially high? Probably not. IN the end if the dollar is detroyed the qeuities will have value, but the dollar will not. Who would sell equities in trade for toilet paper fiat under those circumstances?
Obama September 2013 “I will not negotiate”
Obama October 1st and 2nd 2013 “I will not negotiate”
Obama 10-3-2013 11:11 AM EST "I said that I am happy to negotiate on anything.”
Obama 10-3-2013 11:17 AM EST "There will be no negotiations over this!"
Can he talk out of both sides of his mouth any more?
You're racist!
I win.
It's funny how Obummer is playing this "deadbeat" card considering half of his voters are on the gov't doles one way or another (and not paying their mortgages).
What a joke.
Deadbeat? Don't be so hard on yourself Obama.
Explain THIS, asshole! http://www.washingtontimes.com/news/2013/sep/30/pulitzers-seymour-hersh-...
America. Your days are numbered with this guy leading. It's really that simple.
Can't Reggie love ball-gag this purple lipped bastard? Every day, another speech....
Funny, I'm pretty sure that banks, corporations, and insurers didn't pay their bills yet were made whole on the back of the taxpayers.
What about that YOU WORTHLESS BOWEL MOVEMENT OF A PRESIDENT!?!?!?
Isn't this the same droll speech I heard on Monday? Damn near verbatim. I wonder if we will get those long awkward pauses if the teleprompter fails again like it did towards the end of his mangled diatribe Monday?
Edit: I meant Tuesday. All his shit sounds the same to me anyway.
Obamacare is a bureaucratic and wealth transfer disaster. It’s corrupt. It’s a loser, not just for Republicans, but for the nation.
Obama is telling us there is nothing we can do about, or he’ll keep the federal government shut down. Well, the American people can survive just fine, thank you, without Obamacare. Let’s see how well Obama and his Leviathan government can survive without Taxcare... with a taxpayer shutdown.
It's like a mugger telling you to give him all of your money or else he'll shoot himself in the head.
Here, let me turn that safety off for you.
What a great man.
What a great President.
lol
I’ll gladly pay you Tuesday, for a hamburger today. Raise to debt ceiling bitchez!
Blame, Obama's legacy. If he could lead he would not find himself in these positions.
I often wonder if his likeness on Mt. Rushmore will be the same color as the other 4 presidents or if they'll, uh, stain it.
WH page is playing ... Springsteen after Potus (when to get a piece of pumpkin bread with my tea).
It's amazing how the social activist / organizer can flip a switch and convince himself that everything big corporation / big government is great for the peeps, and anyone not onboard is demonized.
Entertainment at its finest.
Somewhat off topic, but check out this link:
http://kfor.com/2013/10/03/texas-congressman-accosts-world-war-ii-memori...
What a complete effing coward this Texas rep is. He picks on a lowly park ranger and then tucks his tail and scurries away when called out by the bystanders. This is the type of crap filled ass hats we have "representing" us in congress. I called his Washington office to let them know what I thought of his chicken shit cowardly behavior, and you should too:
Washington, DC Office
1424 Longworth HOB
Washington, DC 20515
Phone: (202) 225-4005
Fax: (202) 225-9615
Hours: M-F 9AM-6PM EST
He won't stand up to the real criminals in our midst, but jumps on a park ranger's ass who was placed in a difficult position because of scum bags such as himself. Disgusting.
We are awash in lies and this is one example from the Los Angeles Times:
“California's health insurance exchange vastly overstated the number of online hits it received Tuesday during the rollout of Obamacare.
“State officials said the Covered California website got 645,000 hits during the first day of enrollment, far fewer than the 5 million it reported Tuesday.
“The state exchange had cited the 5 million figure as a sign of strong consumer interest and a major reason people had so much difficulty using its $313-million online enrollment system.”
http://www.latimes.com/business/money/la-fi-mo-california-health-exchange-glitches-20131001,0,7108713.story
And this most important of services has shutdown.....
"The QI Elves @qikipedia 4h
Unfortunately, updates on autumn leaf colour are unavailable from the US Forest Service hotline due to the US Government shutdown."
This President will take the country into default. He has shown in the past that Constitutional requirements do not worry him. He has a pathological desire to beat down and destroy those who oppose his expansive concept of the State. Rather than honoring the obligations already in place he will protect his power base to the detriment of the entire country. Even though the revenues to pay our bonded debt (word and bond used to mean something) he will use the cash stream to fund operations and transfer payments.
Why did Obama meet with the Banksters before meeting with the Congressional "Leaders".
They’re making illegal concessions behind closed doors. Understand?
The pay-off is the ability to front run all of the marketplace. God's work.
edit: can't type gud.
The government shutdown has had no effect on anything I can see in Houston, except to make the puppet media look like they drink too much coffee.
My commute is a breeze!
Boehner must defend himself with verifiable facts. He was called a liar.
War-Prince Obama still has his twitchy, hairy finger on the LAUNCH button......his mission in Syria was thwarted the last time. Is he ready to bomb to create a distraction now?
That would teach the hostage-taking naysayers and would-be-terrorist dissenters. Don't fuck with Barry.
It would be pure comedy to see how many congressfolk would flip with the "when we go to war we must be united" excuse.
Everyone!
To the Barry-cades !
http://www.safehaven.com/article/31295/ready-for-qe-five-its-already-here
Ready for QE Five? - It's Already Here
The sad truth is that the primary function of the Fed and Treasury has now become the sustention and expansion of disastrous asset bubbles. In fact, while Mr. Bernanke officially acknowledges QEs one through three, the truth is he has embarked on QE V. What's QE five all about? Putting a lid on U.S. Treasury yields.
The reason for this is our anemic economic recovery has been predicated upon artificially boosting consumption, which is 70% of US GDP. That consumption is, in turn, predicated on borrowing; because we don't have any real income growth on the part of the consumer. The borrowing has been predicated on government's ability to build upon the asset bubbles in stocks, bonds and real estate. And the creator of all these bubbles is our central bank, which is the progenitor of this deadly-addictive cycle. The Fed does this by providing ultra-low interest rates and through the massive monetization of government debt.
To prove we have learned nothing from the previous Great Recession; we now have a situation where the FHA will most likely need a $1 billion bailout for the first time in its 79 year history. But why do taxpayers have to bail out the FHA, which provides insurance to lenders such as banks and other financial institutions? The reason is because our government has once again compelled lenders to make loans with next to nothing for a down payment, to individuals who can not afford to purchase a home--doesn't this all sound chillingly familiar? Therefore, we have subjected ourselves to yet another bubble in housing, where home prices are once again rising at double-digit rates and marginal home owners are just a few points higher in interest rates from foreclosure.
It's not just house prices which are in back in a bubble. Stock prices are also growing at double-digit annual rates. These double-digit gains in stocks are taking place in an environment of little earnings and revenue growth. Meanwhile, Treasury bonds offer only half of their average yields going back over 40 years. So, for the first time in our lives we have three bubbles that exist together -- equities, bonds and real estate. But the real catastrophe this time is that these bubbles will become exponentially larger than previous episodes. Therefore, when they burst the devastation will be many times worse.
FUCK YOU OBAMA YOU CUNT!
Obama opposed mandated health insurance during campaign. http://www.youtube.com/watch?v=EwzYVEunPQ0