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President Obama Discusses The Manufacturing Renaissance In America - Live Feed

Tyler Durden's picture




 

As long as we ignore that data last week, the jobless recovery is mediocre at best... let's see how great it really is as President Obama explains how exceptional America still is...

 

As a gentle reminder... last year was not so hot...

The Fed spent over $1 trillion in 2013 (to push the stock market to all time highs) and all we got was... less jobs created than in 2012?

Establishment survey 2012 vs 2013 job change:

And Household survey 2012 vs 2013 job change:

 

 

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Wed, 01/15/2014 - 14:20 | 4334547 derrick773
derrick773's picture

Moar jobs

Suck it BO

Wed, 01/15/2014 - 14:24 | 4334569 The Gooch
The Gooch's picture

"Or I can act on my own" - Barry

Wed, 01/15/2014 - 14:27 | 4334595 NotApplicable
NotApplicable's picture

"Manufacturing Renaissance?"

So that's what they're calling capital consumption these days?

Mises would be amused.

Wed, 01/15/2014 - 14:40 | 4334618 hedgeless_horseman
hedgeless_horseman's picture

 

 

"Folks, there has never been a better time to get a part-time job cutting hair, doing pedicures, organizing communities, washing cars, mowing lawns, cleaning motel rooms, caring for seniors, event security, and so forth." said President Obama.  "These are the types of jobs that make this county great."

Wed, 01/15/2014 - 14:40 | 4334649 pods
pods's picture

I am waiting for him to actually say that "he knows a woman who makes $8000 a month by working online for mere hours a day."

Or for the faxes to start saying that the US Minister of Minerals has $83 gabillion and only needs your account and $50 bucks to move it out of the country.....................

pods

Wed, 01/15/2014 - 14:41 | 4334653 eclectic syncretist
eclectic syncretist's picture

That brown-nosing drag-queen will be getting his ass whip-spanked by Michelle later this evening.

Wed, 01/15/2014 - 14:44 | 4334662 maskone909
maskone909's picture

"good news, the USGS has discovered a large vein of Unobtanium.  All of our problems are now solved."

Wed, 01/15/2014 - 16:09 | 4335021 lakecity55
lakecity55's picture

"Under my Administration, the manufacture of Bullshit will necessarily have to increase."

Wed, 01/15/2014 - 14:59 | 4334743 nuclearsquid
nuclearsquid's picture

he forgot to mention the boom in jobs at family offices.  A true gowth industry!!

Wed, 01/15/2014 - 14:47 | 4334673 LawsofPhysics
LawsofPhysics's picture

"with the government research, manufacturing, and management all under one roof" -  Yeah, no conflict of interest there...

 

It would appear that all sectors of the economy are to be monopolized by the corporate owners...

fuck me...

Wed, 01/15/2014 - 14:51 | 4334694 Blues Traveler
Blues Traveler's picture

INdeed HH.   The Das Sphincter O is confusisng manufacturing with sotrage and DCs.  You know, the automated procurement warehouses where they do employ some manual labor @ 9.50/hour for 34 hours week requiring "employees' to register for Exhortioncare.  

His a Jinn catamite.

Wed, 01/15/2014 - 18:52 | 4335580 SAT 800
SAT 800's picture

Or you could be a sixty year old parking lot valet with an engineering degree; I just met one last week. What the hell kind of job is anyone supposed to do when everything is manufacured in China?

Wed, 01/15/2014 - 14:33 | 4334624 maskone909
maskone909's picture

renaissance= less jobs and moar robots.

somebody get the black used car salesman to explain to all of the mouth breathers how good this will be for amerika

Wed, 01/15/2014 - 14:34 | 4334626 pods
pods's picture

"Oh, lo'dy, lo'd, he's desp'it! Do what he sayyyy, do what he sayyyy!"

Wed, 01/15/2014 - 15:24 | 4334856 Hippocratic Oaf
Hippocratic Oaf's picture

Gabby Johnson:  "The sherrif is a Ni__*GONG*"

Howard Johnson: "He said the sherrif is near."

Gabby Johnson:   "No, gard sard dangitt, I said the sherrif is a Ni__*GONG*"

Wed, 01/15/2014 - 16:08 | 4335014 lakecity55
lakecity55's picture

Fucking Adolf Barry Hitler.

Sieg Heil!

Wed, 01/15/2014 - 14:24 | 4334570 Richard Chesler
Richard Chesler's picture

If you like your charlatan, you can keep your charlatan.

 

Wed, 01/15/2014 - 14:25 | 4334584 yogibear
yogibear's picture

Obama: More Obama phones from China and EBT cards.

Sugar daddy Obama.

Wed, 01/15/2014 - 16:01 | 4334984 angel_of_joy
angel_of_joy's picture

What the hell is Barry talking about ?

Wed, 01/15/2014 - 14:21 | 4334555 Deathrips
Deathrips's picture

Hot Blonde....muting obama...blonds awesome.

Wed, 01/15/2014 - 14:24 | 4334576 DeadFinks
DeadFinks's picture

His left Dumbo ear keeps blocking the view of her face.

Wed, 01/15/2014 - 14:27 | 4334590 kralizec
kralizec's picture

Hot albeit braindead Blonde slumming with POSOTUS....to Hell with obama...hot blondes (no matter how stupid) are awesome.

FIFY!

PS - The only manufacturing renaissance in Amerika is in progressive bullshit!!!

Prog's can FOAD!!!

Wed, 01/15/2014 - 14:36 | 4334637 NIHILIST CIPHER
NIHILIST CIPHER's picture

The North Koreans had a manufacturing renaissance also, there are now families with three generations living in prison camps and working for gruel. Obonzo's idea of renaissance and our idea of renaissance are probobly two totally different things. FORWARD!

Wed, 01/15/2014 - 15:52 | 4334950 TeamDepends
TeamDepends's picture

If he makes a similar speech in a few weeks but instead talks about "Dark Ages for whitey", you'll know the plug has already been pulled.

Wed, 01/15/2014 - 14:39 | 4334647 WhyDoesItHurtWh...
WhyDoesItHurtWhen iPee's picture

These people are carefully placed in the background as subtle distractions to keep you watching because of course J6P has  the attention span of a single strand of seaweed.

Wed, 01/15/2014 - 14:21 | 4334557 q99x2
q99x2's picture

What the hell is wrong with this country? Why is that man not behind bars by now?

Wed, 01/15/2014 - 14:27 | 4334601 Skateboarder
Skateboarder's picture

Why don't you ask those wonderful people behind the HNIC?

Wed, 01/15/2014 - 14:30 | 4334610 NotApplicable
NotApplicable's picture

The problem lies with people who believe the system is real, rather than a mafia front.

Wed, 01/15/2014 - 14:39 | 4334644 NIHILIST CIPHER
NIHILIST CIPHER's picture

NA   +1   True

Wed, 01/15/2014 - 14:21 | 4334558 eclectic syncretist
eclectic syncretist's picture

In the last 12 months there has been a 40% increase in the manufacture of bullshit under Obama's administration.

Wed, 01/15/2014 - 18:56 | 4335587 SAT 800
SAT 800's picture

And that increase comes on top of a previous high level.

Wed, 01/15/2014 - 14:22 | 4334566 NaiLib
NaiLib's picture

:) The problem is, when Germans learn the US how to build cars, they build factories with no employees. You see, when Germans buid cars that are better than US cars they dont use people, they use robots. US is still going down

Wed, 01/15/2014 - 14:36 | 4334630 Dapper Dan
Dapper Dan's picture

MADE IN AMERICA

(by robots made in China)

Wed, 01/15/2014 - 14:53 | 4334695 Yes We Can. But...
Yes We Can. But Lets Not.'s picture

UNPACKED* IN AMERICA

*by illegal aliens

Wed, 01/15/2014 - 15:27 | 4334864 ConqueringFools
ConqueringFools's picture

BS! Germany has some of the strongest auto unions in the world. Working on a German automobile assembly line can afford you a nice German middeclass lifestyle. Also most German CEOs hold the labor unions in high regard, get paid 1/3 of their American counterparts, and have a very symbiotic relationship with their workers.

Are some union workers in America lazy? Overpaid? Receive unfair pensions? Ok. Now look at all the idiots complaining there are no well paying jobs with good benefits especially for young people. Americans have been brainwashed into bashing unions and know nothing about nor really understand the relationship between labor and capital.

We are all brainwashed into mortgaging our life in order to send little Jimmy or Jenny to college. College is a complete rip off and guarantees nothing. 2/3 of the people attending college have no business being there and eventually just become expendable paper pushers with no real worth to the job market.

I love everything this country stood for! America was the greatest experiment to ever take place. Our founders were brilliant. There will never be another group of men to envision and implement what they have. But America has been dismantled, plundered, and pillaged by those who swore to protect it. Politicians, soldiers, baby boomers, your neighbor. Take your pic! Americans are too busy to go out and actually protest and if need be f$&k some chit up! Americans have lost their balls!

Wed, 01/15/2014 - 15:39 | 4334904 Hippocratic Oaf
Hippocratic Oaf's picture

The auto union, like most unions, came in with best intentions. They are now bloated.

The American way of fuckin chit up is now devouted to comment sections, blogs, email, text and tweets. Makes the Occupy crowd look like real men, doesn't it?

 

Wed, 01/15/2014 - 16:53 | 4335189 Buckaroo Banzai
Buckaroo Banzai's picture

German auto unions are propped up by the Euro. If the German DM reappeared tomorrow it would be worth 2x what it is now, and German exports would collapse.

Wed, 01/15/2014 - 14:24 | 4334571 101 years and c...
101 years and counting's picture

the recovery that has seen energy use in the US drop below 1984 levels....when GDP was 3.5 Trillion (78% lower than current)  dont these clowns know they have to fudge all data?  send the memo to the EIA.....

Wed, 01/15/2014 - 14:24 | 4334572 eclectic syncretist
eclectic syncretist's picture

The manufacture of drones and various types of spying equipment has skyrocketed under this man's adminstration.

Wed, 01/15/2014 - 14:24 | 4334574 SnobGobbler
SnobGobbler's picture

love how the crowd just cheers him on...

fucking cows

Wed, 01/15/2014 - 14:27 | 4334577 Dr. Engali
Dr. Engali's picture

Oh fuck him. The manufacturing renaissanace myth is a bunch of bullshit. Even if we did start making stuff here again it will never return to the way it was. Jobs at factories that once required  thousands now only require a few hundred. If you want to see the future of manufacturing, check out Ford's Camacari plant in Brazil.

 

 

https://www.youtube.com/watch?v=J1OkZ3xowKQ

Wed, 01/15/2014 - 15:56 | 4334962 Ms. Erable
Ms. Erable's picture

Remember, Doc, assembling burgers is counted as a manufacturing job. There's more people doing that than there was in 2007, and they couldn't replace those people with a machine, could... what? Really? They have one?

Wow. So much for the next industrial revolution. Nevery mind; carry on, wayward son.

Wed, 01/15/2014 - 14:24 | 4334578 yogibear
yogibear's picture

LOL, manufacturing of more EBT cards and section 8 housing for this welfare president. Just like his home town Chicago has been loosing population and growing bankrupt. More part-time jobs in the service sector to avoid Obamacare.

Foster consumption and spending. The deficits growing exponentially has demonstrated that.

Obama dosen't even know how to screw in a lightbulb.

Boost stocks and housing by devaluing the US dollar. Brilliant. 

Wed, 01/15/2014 - 14:25 | 4334587 eclectic syncretist
eclectic syncretist's picture

The manufacture of government lies has proliferated to unheralded levels once considered impossible.

Wed, 01/15/2014 - 16:06 | 4334707 lakecity55
lakecity55's picture

You need to be in a Soyuz space capsule to stay above it.

(NASA was given to the muslims, remember).

The US "space program" today consists only of launching moar spy satellites.

Wed, 01/15/2014 - 14:26 | 4334591 q99x2
q99x2's picture

The all white audience looks like they are scared shitless. Must have just gotten out of a FEMA camp. Same expression on my old clients dog's faces when I'd go in to let them out of their cage and take them for a walk at lunch time.

Wed, 01/15/2014 - 14:27 | 4334600 Dr. Engali
Dr. Engali's picture

They are afraid of what might happen to them if they accidentally laugh at his bullshit.

Wed, 01/15/2014 - 14:47 | 4334674 eclectic syncretist
eclectic syncretist's picture

I wonder if it has anything to do with the fact that under Obama's adminstration Florida now has manufactured more Pain Clinics than it has McDonalds?

http://www.abcactionnews.com/dpp/news/region_tampa/investigation%3A-flor...

Wed, 01/15/2014 - 16:01 | 4334983 lakecity55
lakecity55's picture

It's just  that you cannot see the commissars behind them with loaded Makarovs.

Or is it Shutzstaffel with loaded Walthers?

Oh well,

""What difference does it make?

Wed, 01/15/2014 - 14:27 | 4334597 yogibear
yogibear's picture

Hand picked Obama fans cheering more fluff.

Like Obamacare and his solar/wind power fiasco.

Dumbonomics.

 

Wed, 01/15/2014 - 14:28 | 4334602 Billy Sol Estes
Billy Sol Estes's picture

I wonder what "Progressive" corporatist legislation they'll think of next?

Wed, 01/15/2014 - 14:28 | 4334603 kurzdump
kurzdump's picture

Teleprompter replaced by earpieces?

Wed, 01/15/2014 - 14:31 | 4334604 eclectic syncretist
eclectic syncretist's picture

What about the manufacturing renaissance of shopping carts, cardboard boxes, and clorox bottles for the homeless to live out of? Those must be way up under Obama's administration. 

Wed, 01/15/2014 - 14:29 | 4334606 djsmps
djsmps's picture

Are those his human shields?

Wed, 01/15/2014 - 14:30 | 4334608 Dr. Engali
Dr. Engali's picture

Not one of those asswipe propoganda pieces behind him give a shit about manufacturing. You mean to tell me that a bunch of well dressed yuppies want to work in a factory? Your team needs to do a little better next time Zero.

Wed, 01/15/2014 - 14:33 | 4334621 eclectic syncretist
eclectic syncretist's picture

Whaddaya mean?  Those bitchez manufacture garbage faster than just about any other culture in the world.

Wed, 01/15/2014 - 14:48 | 4334680 wisehiney
wisehiney's picture

The spouse visited that part of the campus on business recently. Said that the crowd looked nothing like that. 100% imported Asian and Indians.

Wed, 01/15/2014 - 14:33 | 4334612 Hongcha
Hongcha's picture

Renaissance at $9 per hour and unions, benefits and pensions (what's that) gutted. 

Wed, 01/15/2014 - 14:31 | 4334614 Ranger_Will
Ranger_Will's picture

FUCK YOU ZERO.

Wed, 01/15/2014 - 14:32 | 4334622 Jason T
Jason T's picture

unless we build dormitories and house factory workers, to relive the energy it takes just to drive to work, they'll be no renaissance. 

Wed, 01/15/2014 - 14:33 | 4334625 Dapper Dan
Dapper Dan's picture

Furniture makin???

hope box  maybe,

 

Wed, 01/15/2014 - 14:35 | 4334629 eclectic syncretist
eclectic syncretist's picture

Where's the renaissance in silver miners, you jackass!

Wed, 01/15/2014 - 14:36 | 4334636 stant
stant's picture

like said above only new manufacturing here willbe in types that can benefit from nat gas,and use robots. What hes not saying is thanks to him and those like him this country will fracture into 3 or more regions without this federal gov. find a good map with the right information and guess what your state will be.ps and thats if we dont go mad max

Wed, 01/15/2014 - 19:15 | 4335651 Falling Down
Falling Down's picture

Yep, manufacturing processed foods.

I'm long soylent green.

Wed, 01/15/2014 - 14:38 | 4334641 NaiLib
NaiLib's picture

Quite a surrrealistic performance. Banks and Financial markets are doing fantastic, the rest barely surviving. AND the crowd screams... WHo are they? Obamas realtives? Paid actors?

Scalingly simular to what they do in China. State run propaganda performance!

Wed, 01/15/2014 - 14:52 | 4334701 lakecity55
lakecity55's picture

You figured it out.

Welcome to the Club.

Wed, 01/15/2014 - 14:39 | 4334645 yogibear
yogibear's picture

Operation fail.

Another way for the Obama cronies to siphon money from the people. Just like Obam'a solar power scam and Obamacare.

How many of of Michelle's or Barry's friends can cash in on this newest boondoggle. Other countries like China and Russia listen and laugh at the guy. 

Wed, 01/15/2014 - 14:44 | 4334659 wisehiney
wisehiney's picture

DEPRESSIONANCE!

Wed, 01/15/2014 - 14:44 | 4334660 RiverDrifter
RiverDrifter's picture

I would rather listen to fonestar give his speech for why btc is so awesome than listen to Obama talk about anything at all.  At least fonestar believes what he's saying.

Wed, 01/15/2014 - 14:48 | 4334681 eclectic syncretist
eclectic syncretist's picture

Fonestar is a turd molester.

Wed, 01/15/2014 - 15:46 | 4334921 superflex
superflex's picture

Fonestar spews what his masters tell him to spew.

He lacks creative thought or analytical views.

He's a tool.

Wed, 01/15/2014 - 14:44 | 4334661 ebworthen
ebworthen's picture

Manufacturing renaissance?

Well, he's either at a Coke bottling plant, a Dominoes, or a condom factory.

Wed, 01/15/2014 - 18:01 | 4335412 AmericanFUPAcabra
AmericanFUPAcabra's picture

Condoms? Who fucking wears those these days? Abortion is the new condom. Get with the fucking times already.

Wed, 01/15/2014 - 14:48 | 4334676 carbonmutant
carbonmutant's picture

He's going to have a problem gettin out of office without his own party turning on him...

Wed, 01/15/2014 - 14:50 | 4334689 wisehiney
wisehiney's picture

NC democrat senator biotch kay haygan is very conspicuosly hiding out today.

Wed, 01/15/2014 - 14:52 | 4334700 earnyermoney
earnyermoney's picture

Fitting a chair at BofA for her fat ass.

Wed, 01/15/2014 - 14:59 | 4334737 wisehiney
wisehiney's picture

conspicuosly mispelled conspicuously

Wed, 01/15/2014 - 14:50 | 4334686 NuYawkFrankie
NuYawkFrankie's picture

re "President Obama...."

Even after 6 years - still can't get used to that title.

Wed, 01/15/2014 - 15:13 | 4334814 yogibear
yogibear's picture

Not President, Resident Obama sounds better. Like Eric Holder is around to collect his paycheck.

The government has become one huge welfare system.

Wed, 01/15/2014 - 14:51 | 4334696 scrappy
scrappy's picture

PUKE!

Now go and clean it up, I manufactured a job!

Wed, 01/15/2014 - 14:55 | 4334705 Yen Cross
Yen Cross's picture

     Is TOTUS referring to the "Burgermeister 5000" that will be putting all of the 1/2 time restaurant workers on the .gov dole just in time for the next election cycle?

     Would someone just put a fucking pitchfork in this guy already!

Wed, 01/15/2014 - 14:59 | 4334736 crzyhun
crzyhun's picture

Day by day and almost minute by minute the past was brought up to date. In this way every prediction made by Dearest Leader and the Klak could be shown by documentary evidence to have been correct; nor was any item of news, or any expression of opinion, which conflicted with the needs of the moment, ever allowed to remain on record. All history was a palimpsest, scraped clean and reinscribed exactly as often as was necessary.” GO 1984

Wed, 01/15/2014 - 15:02 | 4334758 bagehot99
bagehot99's picture

Was MDB fellating him under the podium?

Wed, 01/15/2014 - 15:13 | 4334815 CCanuck
CCanuck's picture

Reggie don't let that shit happen!

He ain't no Hillary, Bitch!

Love,

Reggie

Wed, 01/15/2014 - 15:07 | 4334776 Duc888
Duc888's picture

 

 

 

Well, since putting some Mcshits Mystery Meatus on a roll with GMO condiments is now considered "manufacturing", Obla-bla might just be onto something.

Wed, 01/15/2014 - 15:12 | 4334808 Hogdodge
Hogdodge's picture

Does that picture not look very much like Hitler in the days of old? Scary. Gotta go and get my unemployment check. Thank fuck for the manufacturing renaissance. 

Wed, 01/15/2014 - 15:46 | 4334924 LMAOLORI
LMAOLORI's picture

 

 

Indeed it does - and as George Santayana said "Those who cannot remember the past are condemned to repeat it."

Obama, Hitler, And Exploding the Biggest Lie in History

http://www.forbes.com/sites/billflax/2011/09/01/obama-hitler-and-explodi...

 

https://www.youtube.com/watch?v=3KLOR1tFsD0

Wed, 01/15/2014 - 16:03 | 4334991 lakecity55
lakecity55's picture

Sieg Heil, Bitches!

Wed, 01/15/2014 - 15:42 | 4334912 Kirk2NCC1701
Kirk2NCC1701's picture

Well, no one can match the US in manufacturing and exporting 100% Pure Bullshit.

Wed, 01/15/2014 - 15:49 | 4334937 Bioscale
Bioscale's picture

I can see Peter Schiff smiling and saying 'I told you so' about manufacturing and savings, as they were talking about spending spending spending and QE1, 2,3,4, ?. Fuck. This propaganda is laughauble, but the masses are stupid getting fucked even more every day. Amerika is crazy.

Wed, 01/15/2014 - 16:21 | 4335060 dot_bust
dot_bust's picture

In order for there to be a "manufacturing renaissance in America," Obama would have to actually have manufacturing take place in America.

Today, in an article, analyst Jim Willie said, "Return the majority of off-shore manufacturing to the US, by means of tax credits and regulatory waivers, even industrial parks, with further credits on worker training programs, in order to restore idle plants, rather than to permit China to do the same on US soil."

Wed, 01/15/2014 - 16:30 | 4335118 MFLTucson
MFLTucson's picture

For once the clown is right but again tells half the story.  There will be a manufacturing renaissance but the companies and land will be owned entirely by the Chinese and will pay far less than previous manufacturing jobs did.

Wed, 01/15/2014 - 17:07 | 4335235 f16hoser
f16hoser's picture

People actually listen to this retard?

Wed, 01/15/2014 - 18:40 | 4335545 starman
starman's picture

Lenin would be proud " look at him I have a black baby comrade.

Wed, 01/15/2014 - 19:09 | 4335618 Alethian
Alethian's picture

Renaissance? What the fuck?

(That is all.)

Wed, 01/15/2014 - 19:42 | 4335787 Vendetta
Vendetta's picture

Yeah... renaissance of poverty on a scale not seen in this country ever.   In fact, Obama is working oh-so-diligently to seal the fate of 95% of the nation to  poverty in secret with TPP.  What a swell guy... he studied the US Constitution so hard for so long he had swastikas in his eyes.

Thu, 01/16/2014 - 00:44 | 4336872 Wilcox1
Wilcox1's picture

I completely don't understand.  Why would we develop new lightweight metals for military vehicles and some sort of incorporation into things we are going to export instead of manufacturing our own heavyweight socks and denim jeans for ourselves?  There's no way the average person can hope to make $25 to $50 an hour on some kinda high tech stuff.  On the other hand, with reasonable prudence, a person can eat on $7 to $12 an hour.

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