• 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.”

President Obama Unveils Poverty-Beating "Promise Zones" - Live Feed

Tyler Durden's picture


In the first step towards President Obama's income inequality fight, he is unveiling "Promise Zones" today... we can't wait to hear this one..."Promise Zones are a new way of doing business,” the administration official said. “They will be led by local community leadership working toward a common goal … supported by the federal government.” Participants will get priority for federal grants and help applying from an array of agencies. Wonderful, sounds great - how are we paying for that again?

Via Reuters,

President Barack Obama is set to speak on Thursday about how he will target job creation, housing, law enforcement and education in the poorest U.S. communities, part of his pledge to narrow the gap between rich and poor in America.


Obama signaled last month that he plans a new focus this year on income inequality, which he called “the defining challenge of our time”, pushing to raise the minimum wage and find new ways to help poor children break out of the cycle of poverty.


As part of this effort, Obama will create “promise zones” in San Antonio, Philadelphia, Los Angeles, southeastern Kentucky, and the Choctaw Nation of Oklahoma, the White House said on Wednesday.


The announcement came on the 50th anniversary of a pledge by former President Lyndon Johnson to wage a “war on poverty” which led to government programs like Medicare, Medicaid, food stamps, and Head Start preschool education programs.




The designation is designed to help communities navigate programs that already exist, said Megan Martin, a policy analyst at the Center for the Study of Social Policy in Washington.


“A lot of what they’re offering is in fact not funding – they’re offering direct contact with the federal government, high-quality technical assistance, up-to-date tools and resources for sites to use,” Martin said in an interview.


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Thu, 01/09/2014 - 15:29 | 4316313 InjectTheVenom
InjectTheVenom's picture


Thu, 01/09/2014 - 15:29 | 4316318 InjectTheVenom
InjectTheVenom's picture

seriously though, where the eff do they come up with this stuff..."Promise Zones"  ????  

Thu, 01/09/2014 - 15:33 | 4316345 Manthong
Manthong's picture

Every poor person in Amerika deserves a 4 million dollar Hawaiian Christmas vacation.

Thu, 01/09/2014 - 15:35 | 4316362 InjectTheVenom
InjectTheVenom's picture

which one of the props i mean 'students' behind him will pass out first...i say the white lady w/red shirt...

Thu, 01/09/2014 - 15:42 | 4316397 kaiserhoff
kaiserhoff's picture

Look at those thousand yard stares.

Even the black folk are bored with this shit.

Thu, 01/09/2014 - 15:44 | 4316415 InjectTheVenom
InjectTheVenom's picture

"Roger was acting up, almost getting expelled, ya  know, the class clown" .      Gotcha.

Thu, 01/09/2014 - 16:00 | 4316442 hedgeless_horseman
hedgeless_horseman's picture



As part of this effort, Obama will create “promise zones” in San Antonio, Philadelphia, Los Angeles, southeastern Kentucky, and the Choctaw Nation of Oklahoma, the White House said on Wednesday.

We can assume that the price of cat food will continue to be heavily subsidized.


    – they’re offering direct contact with the federal government, high-quality technical assistance, up-to-date tools and resources for sites to use,” Martin said in an interview.

Thu, 01/09/2014 - 16:07 | 4316521 Emergency Ward
Emergency Ward's picture

Perfect picture HH -- "I Promise" the Choctaw Nation is thrilled with Obama's interference, which surely will include oppressive regulation along with the free cash -- did the Tribal Council sell out their autonomy or let the Fed's nose into the gambling ops?  And Los Angeles?  No place in the country needs a "promise zone" less than Los Angeles.

Thu, 01/09/2014 - 16:25 | 4316641 Emergency Ward
Emergency Ward's picture

Too bad we can no longer ask Russell Means for his opinion about the Choctaw "promise zones".

Thu, 01/09/2014 - 16:41 | 4316743 LFMayor
LFMayor's picture

"Endeavor to Perservere"?

Thu, 01/09/2014 - 17:52 | 4317065 chumbawamba
chumbawamba's picture

Let's see, we have "free speech" zones that aren't, "economic zoners" that aren't, and now we're going to have "promise zones".

I see what they're doing there.

I am Chumbawamba.

Thu, 01/09/2014 - 18:59 | 4317291 Emergency Ward
Emergency Ward's picture

Russell Means: "I am Chingachgook, and Chumbawamba is full of wise insights today."

Thu, 01/09/2014 - 16:46 | 4316773 Jethro
Jethro's picture

The Choctaws need to tell this hitokalushka (Choctaw for "nigger") to go pound sand....

Thu, 01/09/2014 - 17:52 | 4317061 booboo
booboo's picture

Indians are no dumber then the rest of America when  it comes to believing what the Federal Government speaks. It was an american government policy to eraticate the indians by any means including wiping out the entire buffulo herd, fortunately for the buffulo they fucked that up too. Why anyone believes a fucking thing that comes out of this nigerians pie hole or any other politician for that matter is beyond me.

Thu, 01/09/2014 - 18:07 | 4317123 MedTechEntrepreneur
MedTechEntrepreneur's picture

Anyone need any blankets?  I have some nice DHS blankets for you and I "promise" they are germ free!

Thu, 01/09/2014 - 16:49 | 4316793 NIHILIST CIPHER

Oh hell, he's promising shit again!  Janet better go into overdrive   Ctrl P

Thu, 01/09/2014 - 17:41 | 4317018 sodbuster
sodbuster's picture

The "War on Poverty"? Got news for everybody- poverty is kicking our ass!! Print, Mr Yellen! Print! Make us rich!!!

Thu, 01/09/2014 - 15:49 | 4316416 TruthInSunshine
TruthInSunshine's picture

Obama is the FSA's Moses, leading them to the forever Sheeple Encampments of perpetual Panem Et Circenses.


Thu, 01/09/2014 - 15:50 | 4316453 VD
VD's picture

extrapolation from ramped neo-fascist policies only those sucking of fed gov titz will get biz....FUCK U 0&co for putting even more nailz in the da market coffin! well done loserz!

Thu, 01/09/2014 - 16:03 | 4316532 Doña K
Doña K's picture

Just finished cleaning the keyboard from my vomit!

The united states of the burlesque and ridicule.

Thu, 01/09/2014 - 15:45 | 4316420 Headbanger
Headbanger's picture

I was going to say something how scared he looks.  Impeachment looming now that he's politically powerless and they KNOW he wasn't born in the US??


Thu, 01/09/2014 - 15:53 | 4316478 Blano
Blano's picture

Ain't gonna happen (not that I wouldn't enjoy it).

Thu, 01/09/2014 - 15:57 | 4316502 MickV
MickV's picture

He could have been born on the Oval Office desk. He still would not be an eligible natural born Citizen, since he was born British, of a British subject father-- Barack Obama sr.

Thu, 01/09/2014 - 15:46 | 4316427 Hippocratic Oaf
Hippocratic Oaf's picture
  1. “I'll have those niggers voting Democratic
    for the next 200 years.” —Lyndon B. Johnson
Thu, 01/09/2014 - 15:53 | 4316477 Ranger_Will
Ranger_Will's picture

Fuck LBJ. Seriously.  FUCK THAT GUY.

Thu, 01/09/2014 - 16:37 | 4316719 Billy Sol Estes
Billy Sol Estes's picture

LBJ was a brilliant mind in economics. Why, my fertilizer business wouldn't be what it is today without his help.

Thu, 01/09/2014 - 16:53 | 4316817 NIHILIST CIPHER

BSE          Obonzo is a brilliant mind in niganomics. He creates moar fertilizer than anyone , anywhere at any time.

Thu, 01/09/2014 - 23:20 | 4318135 XitSam
XitSam's picture

LBJ vs. Obama in a politics death match.  LBJ would win in the first round.

Thu, 01/09/2014 - 15:49 | 4316452 knightowl77
knightowl77's picture



I've heard this shit before

Thu, 01/09/2014 - 15:36 | 4316365 Boris Alatovkrap
Boris Alatovkrap's picture

Only promise zone is area where government is promise to be leave alone.

Thu, 01/09/2014 - 15:56 | 4316493 TruthInSunshine
TruthInSunshine's picture

In Soviet Russia, Siberian cell bunk mate make sweetest promises.

Thu, 01/09/2014 - 16:13 | 4316567 Future Jim
Future Jim's picture

Obama's zones are more of the new plantation. Here is a relevant excerpt from "What is Wrong With The People"

The New Plantation: In order to buy off a majority in a pseudo democracy, the dishonest bankers and their cronies understood that they needed a lot more cronies, and that it would be pretty easy to buy the poorest people with all that free money and with the bias of their cronies in the media. Hence they invented the New Deal and then the War on Poverty.

They are not even spending their own money. They just create it and loan it to the government, and then the middle class must pay it back to them (through taxes) – and with interest! These programs are unconstitutional, and are also taxation without representation for those who were too young to vote against the programs or the against borrowing. This is why I say the federal debt is not legitimate.

The War on Poverty has enslaved the black community. Government dependency is the new plantation. The black community has thus been neutralized and pacified and only causes damage to itself and is no threat to the dishonest bankers.

Winning an election in America is just about impossible if a candidate is perceived to be unsupportive of government dependency. If a candidate does not conform on this issue, or on other issues as well, then the crony media will paint him as an uncaring racist who hates poor people. Not only does this system prevent men of character from winning, but such a repulsive system naturally discourages men of character from running for political office in the first place.

In addition to corrupting or discouraging honest candidates. Teaching people that they can’t survive without being given the fruits of other men’s labor is a corrupting influence on their character. It is an atrocity of progressivism on a grand scale.

A few brave black men have come forth to expose how the Democratic Party have enslaved the black community on the new plantation. They call themselves “runaway slaves”. Some are the one in a million who can see what would have been (they can see the unseen), and some are just honest, independent minded men of principle. They are mercilessly ridiculed by the crony media when not being completely ignored by them. They are among my heroes.

Thu, 01/09/2014 - 21:22 | 4317772 Quantum Future
Quantum Future's picture

Just so you know the links provided indicate category is "Sex" so blocked by most network security software.

Agree with your sentiment.


Thu, 01/09/2014 - 21:48 | 4317884 Future Jim
Future Jim's picture

Thanks! Both links? My secuity software is not complaining.

The links are not at all about sex. Perhaps some kind of censorship is at work where the site can be flagged dishonestly in order to prevent people from seeing what is actually a politically incorrect site.

Thu, 01/09/2014 - 17:11 | 4316911 TheFourthStooge-ing
TheFourthStooge-ing's picture

Meanwhile, the rest of the US remains a broken promise zone.

Thu, 01/09/2014 - 17:21 | 4316936 Future Jim
Future Jim's picture

It's true. Obama is a reneger.

Thu, 01/09/2014 - 22:43 | 4318049 Boris Alatovkrap
Boris Alatovkrap's picture

Obama mostly is tell half-lie, so maybe is only half-neger.

Thu, 01/09/2014 - 15:38 | 4316378 NoDebt
NoDebt's picture

"In Philadelphia.... it's worth fifty bucks."  SHoker there would be one in Philly.  The town that had entire voting precincts go 100% for Obama.  Every single vote, without exception.

I'm out.  Can't even tolerate his voice.  It's what lies sound like.

Thu, 01/09/2014 - 15:52 | 4316469 HerrDoktor
HerrDoktor's picture

Some precincts were voting 106% for Obama.

Thu, 01/09/2014 - 16:22 | 4316624 InjectTheVenom
InjectTheVenom's picture

...and your point is . . . ?        ;>)

Fri, 01/10/2014 - 03:49 | 4318601 Tijuana Donkey Show
Tijuana Donkey Show's picture

That's just from the 3/5ths fraction....

Thu, 01/09/2014 - 15:53 | 4316471 HerrDoktor
HerrDoktor's picture

Some precincts were voting 106% for Obama.

Thu, 01/09/2014 - 19:04 | 4317306 Emergency Ward
Emergency Ward's picture

They were really enthusiastic....

Thu, 01/09/2014 - 16:27 | 4316651 10mm
10mm's picture

That would be fittie bucks.

Thu, 01/09/2014 - 16:03 | 4316534 KickIce
KickIce's picture

Kinda sounds like Obummers version of the Hunger Games.

Thu, 01/09/2014 - 16:53 | 4316822 Intoxicologist
Intoxicologist's picture

"Promise zone."  Easily the most retarded thing I've seen all day.  Though if you rearrange the letters it spells, Prize Me More.

I swear one of these days I'm going to have to change my moniker to Binge-Drinking Cheesehead...

Thu, 01/09/2014 - 21:20 | 4317770 Ms. Erable
Ms. Erable's picture

The correct translation of 'Promise Zone' is all you crackers need not apply; dis fo mah homeys.

Thu, 01/09/2014 - 17:56 | 4317076 Zero Point
Zero Point's picture

Promise Zone:

The area in the bathhouse where it's decided who plays "daddy".

Thu, 01/09/2014 - 18:18 | 4317163 Seahorse
Seahorse's picture


Thu, 01/09/2014 - 15:51 | 4316461 Ranger_Will
Ranger_Will's picture

Can somebody please go and get the duct tape? I can't stand it any longer!

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