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President Obama To Explain Why Wal-Mart's CEO Is Wrong; Economy Is Doing Great - Live Feed
Stocks at record highs... Unemployment rates at multi-year lows... magical job creation 'impressive'... President Obama has a lot to proclaim "mission accomplished" over - except its all fallacious (as Wal-Mart's CEO recently explained). Of course, this will all be solved if everyone was paid 'fairly' at least $15/hour despite the greatest irony of Obama's inequality fight is that "his policies are squeezing the middle class and causing the Fed – with the President’s encouragement – to engage in the radical monetary policy, which is exacerbating inequality. This simple truth cannot be repeated often enough."
Live Feed (due to appear at 1220ET)
The jobs recovery...
As a gentle reminder of the greatest irony of Obama's inequality fight...
One can read 696 page neo-Marxist tomes "explaining" inequality in a way only an economist could - by ignoring the untold destruction economists themselves have unleashed on society with their "scientific theories" (and providing a "solution" to the inequality problem which we warned readers was coming back in September of 2011) or one can read the following 139 words by Elliott's Paul Singer which in two short paragraphs explains everything one needs to know about America's record class inequality, including precisely who is the man responsible:
Inequality in the U.S. today is near its historical highs, largely because the Federal Reserve’s policies have succeeded in achieving their aim: namely, higher asset prices (especially the prices of stocks, bonds and high-end real estate), which are generally owned by taxpayers in the upper-income brackets. The Fed is doing all the work, because the President’s policies are growth-suppressive. In the absence of the Fed’s moneyprinting and ZIRP, the economy would either be softer or actually in a new recession.
The greatest irony is that the President is railing against inequality as one of the most important problems of the day, despite the fact that his policies are squeezing the middle class and causing the Fed – with the President’s encouragement – to engage in the radical monetary policy, which is exacerbating inequality. This simple truth cannot be repeated often enough.
Q.E.D.
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Nice head and shoulders pattern forming, ready for the next leg down?
Oh not again..
JUST STFU ALREADY BARRY!!
Shhheeesh.
Is it just me or is he getting whiter?
What ABSOLUTE horseshit, to imply Barack Obama has authority, let alone influence, at the Federal Reserve!
Fantasy land BS!
Obama to his audience,"Everything is fine...the printing presses have been rolling day and night for 5 years and will continue to do so...we're all going to be rich!! Trust me."
That little picture at the top of the article. His hands. Ain't them supposedly one of the Illuminati signs, or am I imagining things, again?
CAUTION CLOWARD-PIVEN at WORK
No, you're not imagining things. These Psycopaths are just open about it now & in your face. They really don't give a shit.
And, in regard to the article, who's this Nigga trying to fool? It's all theater and PsyOp at this point.
82 shot- 15 fatally- in Chicago over holiday weekend
https://screen.yahoo.com/82-shot-15-fatally-chicago-033434976.html
Yeah, it's all great!
"Everything is AWESOME....."
There's no irony here. As always, government creates its own demand.
In this case, massive inequality that needs to be "fixed."
1865 called....Lincoln changed his mind
smuggling in Sinaloa cartel drugs has consequences. Fat pockets and dead kids.
Here's Obama talking-up the economy:
http://www.youtube.com/watch?v=zDAmPIq29ro
Those are just people adding to the GDP with prostitution and drugs. Work related acidents and all.
2 of the 15 were killed by cops. They put over 20 rounds into one 14 year old kid.
--
But they have some of the strictest gun control laws in America to protect them!
CAUTION CLOWARD-PIVEN at WORK
You know that, I know that, and many here on ZH know it. The problem is the vast amount, and I mean 98% (IMO), of Americans don't and won't even listen.
He'll go out, Barry that is, and spew his BS today to the applause and idolatry of many while those opposite his views will boo. Then we will see vast amounts of ink and even more internet reviews either cheering him on or rebutting, along with all the inane paid and unpaid trolls throwing out all their BS.
Folks sitting at their own social media bar (mine is ZH(get us all another round barkeep)) will all be at each others throats using their online posts as the weapon of choice without even knowing they are all looking the wrong way.
Sword of longinus is better than a double mano carnuto however.
Not rich, just (worthless) billionaires. I've fixed it for ya!
"the greatest irony of Obama's inequality fight"
The greatest irony is, everyone will become equal......equally dirt poor. When everyone is dirt poor, no one will be dirt poor. Just like in the movie "The Incredibles", when everyone is a super hero, no one will be a super hero.
http://washingtonexaminer.com/censorship-38-journalism-groups-slam-obama...
He's ingested so much Ashkenazi semen that it has started to alter his DNA.
Race Hustler in Chief
I think it's that all the bull shit is getting used up and we can see him better.
I think the bull shit is endless, just like the Feds ability to print money.
Read my lips, "We are doing great."
File that with, "There's never been a better time then now to buy a house."
"No one saw that coming." [Jamee]
"If we don,t act we could see a mushroom cloud..." [condee lice]
"House prices never drop."
Looks like this century will be one of most fraud-infested, greedy, slimey [pink] one in history.
"Stocks at record highs" because we keep buying them with money we just created out of thin air.
Not a measure of anything now.
He's looking more like Bush every day.
George (Whatmeworry?) Bush could never pull this rope a dope technique off. Sit back and watch the master, folks. We shat see his like agin.
Epilogue: And obama has set the challenge of our age: cynicism vs hope. Yeah. You've already played that card, barry. Play time's over, barry. We're pulling into the station as you speak, barry. Fuck hope.
;)
Pfft, Obama was like Bush on day one. He's now like Bush squared, or even cubed. Funny thing is, for all of the howling the left did about Bush, they sure don't care about Obama taking the Bush baton and running his ass off with it.
FUCK YOU BARRY YOU CLOWARD PIVEN LOVING MOTHER FUCKER......
Yeah, because O-Barry is right about anything...
Maybe not Barry, but gh0atrider is definitely right about everything.
This would be better is everyone in the background was smoking some joints...
Where's the horsehead guy, dammit?
That should totally become a thing. Everywhere this clown shows up an army of horse head prols. We could even offer him a stick to beat us with.
There was a time the populace imagined they would/could take power- V for Vendetta. The mask of cold calculation and merciless resolve. It's clear that's not us. Dead horse head is more our style. Embrace the truth-impotence mixed with laziness- and discover the ember of white hot anger still festering underneath.
I like the way you think! It would also a kind of trumping mockery -- I mean how can you defend youself against the silent comic absurdity of a horsehead? I'm surprised Obama didn't bow.
Precisely. Self abasement is the only weapon that remains.
See: The book of Job
A sheep mask would be more effective, methinks. Along with some well-timed 'baaah's.
the sheep meme already exists- along with its language. An uncorruptable vernacular of negation/resistance has yet to be borne. DADA.
..."Perjurer in Chief"...
Hand-puppet Psychopath in Chief.
Can you imagine STILL being stupid enough to stand behind that Kenyan Marxist jackass and nod your head in agreement with everything he says?
50,000,000 people voted for him the 2nd time around. Though they are no better than the 50,000,000 who voted for Romney. So, this adds up to 100,000,000 + their children....subtract from the US population...tabulating...the result comes to 2: you and I might be the only people not stupid enough.
I'm three.
"I'm three."
Sorry, I forgot to factor in the double voting for Obama by the living and the dead. There may in fact be dozens of us.
I like the people behind him noding and he then thinks he's smart.
More appropriate response behind him would be to touch the thumb to the first two fingers, raise hand to chest level and move up and down from the wrist while raising an eyebrow.
You know that $3.7bn......?
1 full time job = 3 part time created, great headlines, Obama wins. Its just beginning, DIJA 35000, nothing can stop the FED and Obama. 5 years, TX will be a blue state and the supreme court will be 5/4 or 6/3 progressive, liberal. Illegals sent to conservative states and districts to educate the population.
A true crack head is going to tell the CEO of WallFaart about the economy
LMAO
Former Chicago activist imprisoned for 15 years for perjury
.
Now that's a headline from The Onion if I've ever seen one.
Zero should just pull Jay Carney out of mothballs and have him tell everyone to buy WMT and retail stocks.
Does anyone really listen to him anymore? I mean, he is incapable of telling the truth.
Hey Chalky, go get your shinebox!
pods
Holy shiz... the Pres just said the words "silver mine". Of course it was in regards to a sandwich shop I've never heard of, but hey. I wonder if a banker swallowed his tongue when he heard those words.
It was a Freudian slip: "Silver . . . MINE!!" He's planning to confiscate!
Won't someone _please_ let him be clear?
Remember the first inauguration with all those chants of OBAAAMMMMAAAA.
Now it's all about impeach the dick.
You're fucking kidding right? Today is a nice day so I'll pass on the daily dose of Zero's droning propganda. I'll let your comments sum it up for me. At least there will be some entertainment value.
hopey's gonna talk? oh man "the market" ain't gonna like that.
They are taking a little dip...
Spooky.
He's not on yet? Good I don't want to wast my time anyway.
I'll take CEO for 1,0000 Alex....
Bwahahahahahahahahahhaahahahahahhaaha!! He is by far the smartest man in any room he walks in!! hahahahah! NOT!!
he's not even the smartest in the room when it's an empty room. TOTUS has more original thoughts than this douche bag ever has.
Risky, look at those blank, obedient stares behind him. He just MAY be the smartest man in THAT crowd.
They use a border collie to herd the sheeple in a group and hold them there util Chalky is done jabbering his cock-holser.
Ha Ha! tks
where do they find these stupid twats?
Business and law schools.
the scary thing is that those people are supposedly "ordinary, everyday Americans" who could be our neighbors, co-workers, family...I think I'm getting sick to my stomach.
Have you all seen Invasion of the Body Snatchers? That's who those people are, and there are waaaaaaaaaay too fucking many of them in this country. It's like they're muliplying like rats and cockroaches.
America needs a good exterminator for this infestation.
Liberal progressivism is a virus, Mr. Anderson.
Wow. What a clueless cunt talking now....apparently she doesn't know Zero is gay and Michelle is a tranny.
https://www.youtube.com/watch?v=rMdC45S79uQ dont run we are your friends
Need to create some clips for nightly news to play over and over and over and over again to reinforce to the low info voters that all is well
Indeed. NPR always needs new clips of their Dear Leader to broadcast.
Alright, I'm taking bets on which one of the background lady stage props faints due to his awesomeness.
Faints or farts?
Who farts? Sniffs, then faints. Maybe he's learned a thing or two from Kim Jung Ung or whatever fat boys name is.
Benny Hinn, call your bookie. Benny Hinn.
Is this same Walmart that has been shipping middle class jobs to China and support slave wages (the destruction of the 'merican middle class)? Fuck em.
Choom run. This fucker is doped up
Disturbing on SO many levels...God, I don't know whether to puke or cry!
Shit your pants and it's a trifecta.
First belly chuckle of the day, thank you.
Also sprach the Community Organizer.
"Daisy, Daisy, give me your answer do..."
I'm half crazy, ain't got no dough for you.
One plus one equals nine.
No it doesn't.
Extremist!
off button works
The inventor of the mute button should get a Nobel peace prize.
I hit pause the moment the page loads. Kind of sucks when you make a comment as it autoplays again.
Autoplay? What's that?
Noscript.net is your friend.
Let 'er rip Barry.
You goobermunt's endless lying has created massive indifference.
The economist monkeys call it complacency.
Pink calls it comfortably numb.
With the that teleprompter controlling him, he can spin bullshit into cotton candy.
Mmmmmm, "chocolate".
BS at its best. With all the clueless mofos in the background.
Those are really shrubbery made up to look like mofos.
Cleaning the Kenyan hut or hanging curtains for a election PR event.
Gimmy a break... Who cares about what the CEO of Walmart (of all companies) has to say about the genetically inferior Trash Class. The Trash Class is happy enough; none of them are starving, they've all got cell-phones. They should just realize they're a bunch of losers and stop bitching about the more superior winners. Survival of the fittests, bitcheZZZ!!! Deal with it.
You are neither smart nor savvy.
Well, I know THAT. I'm just a member of the Elysium Support Class. But, when my time comes to be feasted-upon by the more the superior humans, you won't find whining like a "liberal" that the more superior humans shouldn't engage in their NATURAL Libertarian predator behavior.
The problem with too many Libertarians is they just can't accept a survival-of-the-fittest society when the results go against them. TRUE Libertarians should graceful admit when they are inferior go away hororably (AND they should take their worthless inferior children with them too).
Libertarian, Elysiumarian, Rastafarian, WTF does it matter?
Doesn't seem to be working though, lowest approval rating in a century, although the media part of guvt is spinning it positive 24/7, the wheels will fall off this shitwagon eventually.
The approval rating is so low because the Trash Class know - in their heart - they are inferior and want society to be MORE survival-of-the-fittest based. They WANT to die honorably, but the government won't let them. This causes the Trash Class to be ashamed of themselves, which cause the approval rating to go down. It's sad the government it trying to keep these Trash alive when all they want to do is go-away like honorable people.
Dude, just how many times do reasonable people have to remind you, that the poor do _better_ under free-market capitalism? Why else are hordes of penniless central- and south-americans desperate to get into the US?
Remember kids... Employment to pop ratio includes government employees. Civilian labor force participation rate shows the real story.
http://research.stlouisfed.org/fred2/graph/?g=EOw
No 'recovery' there....
Except the problem showed up Pre 2000, and your FRED chart started with Data in 2004.
Notice many FRED Charts are New or Discontinued.
Makes it hard to see some of the problems in people data that we search for especially in jobs that were lost. But they are listed in 2-3 different ways as well. So far I've been trying to search by All Employees.
Looks like 1981 was the Money Velocity high, note manufacturing plunged 1979.
http://research.stlouisfed.org/fred2/series/M1V (Top was 2007 Q4 at 10.7, now down to 6.3)
http://research.stlouisfed.org/fred2/series/M2V (Top was 1997 Q3 at 2.2, now down to 1.5)
http://research.stlouisfed.org/fred2/series/MZMV (Top was 1981 Q1 at 3.5, now down to 1.4)
http://research.stlouisfed.org/fred2/series/Mult (Top was January 1987 at 3.1, now down to .7)
http://research.stlouisfed.org/fred2/series/MANEMP (Employees: Manufacturing 12.1 M Persons)
I dont believe I was commenting on when the issue started ( passing of MFN China and NAFTA) , but rather that employment to population ratio can be spoofed by government workforce increase vs civilian labor force participation rate which is not. Yes, St Louis Fed has many series that have a short life cycle as they adjust to what is 'deemed' at better measure. I was being lazy and only included a 10 yr span....again my point wasn't as to the when or why, but rather that no private sector jobs recovery was really occurring.
"I got my sleeves rolled up and after being in office for six years I'm ready to work harder than George Bush ever worked for you folks."
In the absence of the Fed’s [counterfeiting] and ZIRP, the economy [of productive work] would either be [saving and healing] or actually [experiencing genuine growth].
"How do we take money away from those at the top that work hard and give it to my people at the bottom who do not work?" "That is what I am spending time on."
Amen brother!
This knucklehead gets stooooopider by the day! He shud really give up on tryin' to figure it out! Eight years later and the page is still blank! He got elected twice? Nawwww!
What does that tell you about the peeps who elected him??
That they were lied to and betrayed. That this top down assault was extremely planned and coordinated. Also that they cannot trust their "leaders" at all. At all. AT ALL.
MUMMIFY THIS CUNT NOW!
Wow, Barry is like Mohammed Saeed al-Sahaf.
http://www.youtube.com/watch?v=W9aW1atFLMM
* yawn *
Summarizing:
1/ I rock
2/ Congress sucks
3/ remain calm, thanks to me all is well
Nicely done
Remain calm.
Reload.
Amnestia por todos los amigos de Barry!!!!
There must be a hot dog stand someplace in Amerika that this maroon could manage?
What have you got against the owners of hot dog stands ?
Sorry, it wouldn't be in business long.
He couldn't do laundry in Levinworth.
Limp D.ck flapping in the wind again.
Now he's just whining...
#whining
Someone stick a sock in this asshole's mouth.
Reggie will be by shortly. He won't use a sock though.
Paging M.C. Escher. Please pickup a white infinite loop. M.C.Escher.
why do we need a president?
The One knows all, WalMart CEO be damned! We're dealing with a Holy figure here, Tha Messiah for fucks sakes!
Pen and a phone!
In light of recent revelations, that phrase just got a whole new meaning...
Even some die-hard democrats I know are now saying this guy is full of shit.
It appears that a few more sheeple wake up every day. However, I believe it's too late. American Revolution 2 is needed and it is coming. It will be violent.
When it jumps off, please post the Fedcoat daily bag limit here on ZH!
Yet they couldn't see it 7 years ago. Or the lies from the other side 13 years ago (WMD's, 9/11). Truth is that even if we have a revolution, this shit will start all over again. Humans need mutation and evolution, and perhaps revolution may lead to that.
Who's stupid enough to listen to this guy live? At least I can turn him off when I see him on television.
Look at the brain dead drones behind this fraud. The 30% that support him still would support Musolini. Trained seals
I would like to speak on behalf of trained seals everywhere. That was an unfair characterization and defamation of hard working pinnepeds the world over. Please cease and desist from further character assasination henceforth. The "30%" of which you speak can be found on the bottoms of the pool after a meal.
I'm all for supporting him like Mussolini.Upside down from a gas station.
Extras. Some of the starving 99% of SAG.
A rich dem who voted for Obama explains his mistake: http://www.youtube.com/watch?v=R5rBKluseIU
As part of his punishment the Dem ex-mayor of NO who just got thrown in the slammer should be forced to listen to the Kenyan's speeches 24-7!
All I hear is Tax Tax Tax, Give away Give away Give away
Congress is at fault
Walmart would be dead without your EBT Government subsidizes taxpayers theft.
Monkey in chief, your lies cannot sustain leadership in the United States of America.
You are one lazy Niger that is done nothing other than fucking up our allies. Fuck you and the racist card, borrowed by the Jews getting bombed.
So the community organizer in chief can lecture a Walmart CEO on business? HAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHA
Funny how COST disappeared Dinesh DiSouza's book from its shelves. Pretty clear Preezy shops @ COST, and avoids WMT like a tranny with a bad herpes flare.