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President Obama Signs "Minimum Wage Hike" Executive Order - Live Feed

Tyler Durden's picture




 

By the power of his pen... President Obama gives minimum-wage-earning Federal employees (and physically and mentally handicapped workers) a 39% pay hike to $10.10 (and there's nothing you can do about it) to "benefit hundreds of thousands of people." We suspect that the president will remind us to the new "myRA" program and its benefits and how we should all tell our young friends to sign up for Obamacare too... and how this is paid for by the usual unicorn-tears-for-dollars swap...

 

 

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Wed, 02/12/2014 - 15:40 | 4429095 the not so migh...
the not so mighty maximiza's picture

THANK YOU MR OBAMA FOR MAKING US ALL EMPLOYED AND RICH!!!

 

I love you NSA, CIA, IBS

Wed, 02/12/2014 - 15:40 | 4429097 esum
esum's picture

where does he find the freak show that he always has standing behind him.... 

Wed, 02/12/2014 - 15:42 | 4429101 Rising Sun
Rising Sun's picture

Once a communist asshole, always a communist asshole.

 

Fuck you Barry

Wed, 02/12/2014 - 15:42 | 4429103 Australian Economist
Australian Economist's picture

Raising wages by diktat during a stagnant economy? What's next keeping prices high and preventing them falling to help company profits? Oh wait they are already doing that. How about devaluing your currency to boost exports, just like every other country?

 

WE WILL NOT REPEAT THE MISTAKES OF THE GREAT DEPRESSION

 

(At least they still have the gold reserves)

Wed, 02/12/2014 - 15:41 | 4429104 Inthemix96
Inthemix96's picture

Here, choom boy.  You print the fucking shit from thin air thanks to the non-federal, no-reserve, then add interest from the private bank.

Why not $110.10 an hour?  You cheap fucking in-bred, telepromter reading, shit acting cunt.

The fucking pencil necked twat isnt even a cheap suit, he costs you lot fucking millions.

Idiocy, outright fucking idiocy.

Cunts.

;-)

Wed, 02/12/2014 - 15:41 | 4429106 youngman
youngman's picture

Does this mean Gold and Silver prices are going to be raised....cause that is my minimum wage...and its way down from last year....its only fair that all Americans get the same treatment...raise my PM price President...

Wed, 02/12/2014 - 15:43 | 4429109 undercover brother
undercover brother's picture

When you get enough of the population feeding at the government trough, we're totally screwed because none of these people will ever vote against the hand that's feeding them. And therein lies the grand scheme of your progressive leadership.

Wed, 02/12/2014 - 15:44 | 4429118 One of We
One of We's picture

Free Shit Army!!!!!

Wed, 02/12/2014 - 15:45 | 4429119 esum
esum's picture

does michelle get to keep her $12000 dress and go on $40 million taxpayer funded vacations with her daughters as "staff".... Does the $120k/yr dog handler get a raise to... this fuking jiveass is in for a shock of a lifetime when he leaves the empty suit job... 

Wed, 02/12/2014 - 15:52 | 4429150 optimator
optimator's picture

And here's where they spend the rest of the one billion fjour hundred million odd bucks entertaining themselves.

http://planet.infowars.com/uncategorized/obamas-dog-has-100000-handler

Wed, 02/12/2014 - 16:46 | 4429440 NotApplicable
NotApplicable's picture

He will always have an empty-suit job. Ex-Presidents and reality do not mix.

Wed, 02/12/2014 - 15:47 | 4429127 optimator
optimator's picture

 bet he's thinking of disolving the Congress, after all he can do it all by himself.  Enabling Act?

Wed, 02/12/2014 - 15:48 | 4429142 deflation-is-not
deflation-is-not's picture

Americans, you deserve whatever this man dishes out for you.

Don't blame him... YOU PUT HIM THERE! TWICE!!!

I admit I voted for him first time around, because I thought no one is worse than George W. and that senile McCain.

But second time around, it's on you.

 

Wed, 02/12/2014 - 19:52 | 4430310 jomama
jomama's picture

go back and read what you wrote.

Wed, 02/12/2014 - 20:22 | 4430404 The Wedge
The Wedge's picture

Obama voters also think they get a "refund" from the IRS every year.

Wed, 02/12/2014 - 15:50 | 4429143 redwater
redwater's picture

Boehner caves on debt ceiling. Obama goes on spending spree.

Fuck them all.

Wed, 02/12/2014 - 15:50 | 4429144 redwater
redwater's picture

Boehner caves on debt ceiling. Obama goes on spending spree.

Fuck them all.

Wed, 02/12/2014 - 16:37 | 4429377 monad
monad's picture

Try them all for treason and hang the lot. They are all accessories.

Wed, 02/12/2014 - 17:22 | 4429656 vulcanraven
vulcanraven's picture

Thanks for posting that twice, giving me two opportunities to green you.

Wed, 02/12/2014 - 15:51 | 4429146 Jeepers Creepers
Jeepers Creepers's picture

Something tells me if a Republican President LOWERED the federal minimum wage without going through Congress, the screams from the media would be deafening about how he had zero regard for the law and the different branches of government.  How is this any different?

 

Our "President" thinks he's a King.

Wed, 02/12/2014 - 15:54 | 4429167 horseman
horseman's picture

Most of us have been waiting for years for the QE indused hyperinflation to show up.  This will probably start it rolling.  It will be just like around the Nixon/Ford/Carter years with the admin rolling out a new price/wage control program every month.  I still have a WIN button in my drawer somewhere and I will be able to use it again.

.

Wed, 02/12/2014 - 16:04 | 4429206 Papasmurf
Papasmurf's picture

 The lines at McDonalds and WalMart will become even longer.  Unemployment will increase for those who's skills don't warrant a wage of $10.10/hr.

Wed, 02/12/2014 - 16:04 | 4429211 Gringo Viejo
Gringo Viejo's picture

This guy is Soros' hand puppet and Soros knows exactly what he's doing. He's destroying America.

Wed, 02/12/2014 - 16:49 | 4429450 NotApplicable
NotApplicable's picture

Hey, he gotta 22% gain last year.

Beats working.

Wed, 02/12/2014 - 16:10 | 4429229 Fix It Again Timmy
Fix It Again Timmy's picture

"What difference does it make......"

Wed, 02/12/2014 - 16:12 | 4429243 22winmag
22winmag's picture

If I get a pen and decree something on a piece of toilet paper it's instantly on par with O'bomber's EO's.

Wed, 02/12/2014 - 16:38 | 4429392 falak pema
falak pema's picture

nope you aint Caesar.

Wed, 02/12/2014 - 16:27 | 4429285 falak pema
falak pema's picture

By the power of his pen GWB decreed TARP as the solution to capitalism's demise, post Lehman collapse, and TBTF as sacred cows to be protected by "ALL that it takes the CB to help the banks".

It spread to all continents, this mantra, as spawned by FED of PAx Americana, the only show in town. With all global institutions bowing to Potus of DC, now caught in the crossfire of the Banksta show of "clowns for drowning the world in cheap fiat".

We know where that led to.

By the power of his pen Obamma tries to save his administration in the second term, having saved the GWB legacy in his first by going "all in" behind QE to infinity, that was totally oriented to making those who benefitted from the Bush Oligarchy legacy FIVE TIMES RICHER than in 2008.

That was the mandate of his campaign donators, the tentacular arm of the Squid, that had financed his fellow democrat Clinton. It was now tradition of WS shenanigans gone viral. 

He got a Nobel for that and now wants to level the deck on the Titanic having helped tilt it --beyond redemption-- in his previous mandate. 

A man can try and be a twin asshole, like that picture of Sochi's twin toilets : "I fucked up once, so I have the right to fuck up a second time in the OTHER direction to level the deck".

Perfect logic of Septimius Severus, the african Potus  to "save" new Rome.  (in old Rome we know what succeeded Septimius).

Americans forget what the truth about their own politics is; since November 22 1963 its an open sewer.

Wed, 02/12/2014 - 16:22 | 4429302 Bryan
Bryan's picture

Why does he even bother signing anything?  Dictators don't need no stinkin signatures.

Wed, 02/12/2014 - 16:47 | 4429458 NotApplicable
NotApplicable's picture

Souvenir pens.

China's economy is absolutely dependent upon them.

Wed, 02/12/2014 - 16:25 | 4429312 TrustbutVerify
TrustbutVerify's picture

So much for representative government. 

Wed, 02/12/2014 - 16:26 | 4429336 LibertyBear
LibertyBear's picture

Why didn't he use his signing machine? That way he doesn't have to miss a round of golf

Wed, 02/12/2014 - 16:29 | 4429340 Gold N Glocks
Gold N Glocks's picture

Fuck you barry!

Wed, 02/12/2014 - 16:31 | 4429347 SpanishGoop
SpanishGoop's picture

Swapping unicorn tears for dollars is just as stupid as swapping gold for dollars.

 

Wed, 02/12/2014 - 16:37 | 4429376 Tough Mudder
Tough Mudder's picture

"benefit hundreds of thousands of people."

And the detriment of millions as well as the nation.

Wed, 02/12/2014 - 16:45 | 4429421 yogibear
yogibear's picture

Bow down private sector taxpayers, the dictator has made a declaration!

 

Wed, 02/12/2014 - 16:47 | 4429437 JimboJammer
JimboJammer's picture

If  congress  and  senate  don't  get  to  pass  this..  then  Impeach  the  President ...he  is  stepping  on  our  constitution ...He  swore  to  up-hold  the  constitution  ...

 

Wed, 02/12/2014 - 16:50 | 4429463 clawsthatscratch
clawsthatscratch's picture

Sorry JimboJammer, we don't have a congress or a judiciary either, only an imperial president....

Wed, 02/12/2014 - 16:48 | 4429443 starman
starman's picture

Hail Fhurer!

Wed, 02/12/2014 - 16:52 | 4429491 JimboJammer
JimboJammer's picture

China  and  Germany  watch  this  go down ,  and  shake  their  heads .. 

Wed, 02/12/2014 - 16:58 | 4429523 Smiley
Smiley's picture

Gas and Fast Food to go up by 50% in 3, 2, 1,...

Wed, 02/12/2014 - 17:05 | 4429578 monad
monad's picture

Contact all your representatives and ask them what you are paying them for.

Fri, 02/14/2014 - 14:54 | 4433670 are we there yet
are we there yet's picture

Nail guns are not very silent.

But then again, no battlefield has ever used a nail gun.

Wed, 02/12/2014 - 18:13 | 4429891 ThroxxOfVron
ThroxxOfVron's picture

IF raising the minimum wage was really good for the Nation why do it only for employees of the Federal Government?

Wed, 02/12/2014 - 19:35 | 4430127 monad
monad's picture

Jurisdiction. Anyway President Staypuft can now falsify giving himself a raise up to 202.00/hr.

Wed, 02/12/2014 - 20:00 | 4430345 jomama
jomama's picture

My understanding was that raising the minimum wage for federal employees could be done by executive order, but raising the national minimum wage can only be done by Congress.

Wed, 02/12/2014 - 23:29 | 4431018 monad
monad's picture

The socialist minimum wage is a major reason why we have illegal immigrants and can't compete on a level playing field with conniving Elbonian haters. Welcome To The Monkey House - Kurt Vonnegut

Wed, 02/12/2014 - 19:08 | 4430112 JLee2027
JLee2027's picture

Does anyone in the Federal Government really work for minimum wage? Come on now....

Wed, 02/12/2014 - 23:07 | 4430691 Dewey Cheatum Howe
Dewey Cheatum Howe's picture

That mimimum wage hike is also a stealth gift to the unions.

Most most major contractors use union labor and those government union labor wages are tied to the minimum wage. So a 39% increase means the wage for all union workers making above minimum wage whose contractual wages are based on mimimum wage automatically have to increase also by the same percentage depending upon how the differentials are defined in each contract. The contractors have no choice since by law they have to raise the wages due to the contract terms negotiated with unions for the duration of the labor contract currently in place.

 

Wed, 02/12/2014 - 22:20 | 4430781 are we there yet
are we there yet's picture

Federal workers are not connected to the real economy, and few are at minimum wage. Look at employment as an employer. Some people are unemployable and only bring problems if they occupy space in your company.

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