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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)
http://www.whitehouse.gov/sites/default/themes/whitehouse/img/facebook_b...) no-repeat; padding-top:13px; height:30px; float:left;">JOIN THE LIVE CHAT
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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This guy used to teach in University? Really? Say it ain't so!
Is the teleprompter broken?
Hi I'm Barry and I'm a member of pathological liars anonymous
Hi Barry.
Dude... he's doped up to the grills.
And we used to make fun of Yeltsin when he would liqueur up before TV appearances.
This nutbag take the cake... CO brownies cake
After watching this I have come to the realization that the movie Idiocracy is not a futuristic tale. We're living it. I'm going off the grid.
There's some pretty messed up DNA gonna on there!
He's busy blaming congress. Recalling America's great past, cheerleading our poor naive citizens.
"America needs a raise" Give everone a million dollars, problem solved.
I don't think he believes in what comes out of his own mouth, but the "hope" show must go on.
The really sad part is that I think he actually does believe what he's saying. Never underestimate the hubris of these intellectual libertards.
Why is Springsteen playing after the speech?
Because he's a democrat?
Because they needed something to get the crowd there. In the old days they would hand out free cartons of cigarettes. That's not PC anymore and handing out free bags of weed won't be PC until the 2016 elections.
Is it my imagination or did he act stoned near the end, there? While he was reading the TP, didn't he snicker?
He's so lame duck he's probably eating magic brownies and washing them down with Reggie milk before each speech. What difference does it make?
Spoken like the true undisputed president & leader of the choomer gang society! Some serious kush damage 4 sure!
eathebanksters : What does that tell you about the peeps who elected him??
The big "tell" is those that want to keep him in power.
Boehner disagrees with Palin on impeaching Obamahttp://www.washingtonpost.com/blogs/post-politics/wp/2014/07/09/boehner-...
Student from the year 2114 : 'This dude was the most powerful man in the free world for 8 years? How the heck did that happen?'
'Free' world.... Lol. More like most powerful puppet.
Because it was African-American's turn to have the Oval office. Just like the EU has a rotating presidency. O was the best AA politician on offer, so whaddayagonnodo? In 2016, it will be White Women's turn in the Oval Office. Let's hope the contest doesn't degenerate into Hillary and Elizabeth Warren wrestling naked in jello.
Damn that lowest common denominator freak is galactically dopey! 100% quaified for the food service industry! I'm actually startin' to feel sorry for him!
don't - Barry is a communist pig who deserves the absolute fucking worst
this turd is on a rampage to derail the US and can't
there is a big mess to clean up, but Barry is grid locked
rot in hell is the better line for Barry
History repeats itself. JOBS THIS JOBS THAT, PEOPLE DON"T NEED NO JOBS PEOPLE NEED MONEY! PRINT MOAR AT THE MINT
http://vo.fod4.com/v/d4a8ff5ebe/v600.mp4
Nobody asks this president "what did he know and when did he know it?" because the press secretary would just look at the doorman and ask what time the paperboy dropped off the newspapers.
Boehner the Orange has just proclaimed "No impeachment."
I guess he doesn't want his post-congress $200k speaking fee payola messed with.
Boner may be as corrupt as the President. It's close.
Don't be a tool. How old were you when they tried to impeach Clinton? Besides, not only is Obama the best salesman the firearms industry has had since Clinton, he's also a darn good campaigner for Republican senators. As Napoleon said, "Never interfere with your enemy when he is in the process of making a mistake", except in French of course.
Tool? Clip is to illustrate the lack of knowledge the media had about this guy but, even more stricking is his overall incompetence. Not to say that he isn't using nefarious means to achieve certain political goals and punish this country.
It also shows beyond a shadow of a doubt that the vast majority of the media is an arm of the democrats. If this level of shit was happening under a republican you and i both know that the media would be howling. its not about left right as it is about disinformatio, misinformation, and pretend to support republicans only when its advantageous for them only to turn on them in coordination with the democrat party.
If you think this is bs then why havent the media demanded to see these kids to make sure everything is being done to help them. any other humanitarian crisis would garner sympathy from the media to help and put faces to these poor suffering children.
Even McShitstain is prtending to be outraged when all he had to say to the official wouldn't let him in to take pictures and interview in his own state is then arrest me is you can. but he doesn't. Republicans like him are the one who side with obama and undermine us the people.
BTW i served in the military when bj lewinsky was CIC and he was and is a pos. And the only reason that hillary clittongue has any prayer of a chance to become president is because of her husband. Who treats her like shit. She's owed for putting up with his crap yet feminists love this guy.
Fucking TOOL
Obama is right for once. The economy has rarely ever been so good for top income earners and for equity holders. Look at that stock market! Now you can't say shareholders are hurting. And as for top earners, their taxes are lower than for almost 70 years or more, plus their % share of income growth is nearly total compared to the other 90%. Nope, the more jobs go to China the better the corporate bottom lines. The more money printed by the Fed, the more equity share prices skyrocket. The economy is in a new golden age, if you are in the top 10%.
If Obama tried to say the economy is in recovery for the bottom 90%, THEN he would be a liar. If you are not in a profession or in corporate management or somewhere in the military or health care upper food chain, you are losing real wages every year and productivity gains have produced no income growth for you. Unemployment has been solved by just putting everyone on welfare, foo stamps and disability. Workers get jobs maybe, but likely that job is low wage, or part time, benefitless, and with no potential for advancement. Unless you filp McDonalds slaughter house floor sweepings and chicken foot nuggets. You might work your way up to assistant manager for a heft pay increase to almost above the poverty line.
Right? Stimulative public policy measures has financed & facilitated the greatest wealth tax transfer swindle in the history of man! The Kenyan is front & center in the epic pillaging of the tax payer even though he probably has no idea that he was! Either way he needs to keep his pie hole shut and stay out of view preferably at the Country Club where they like to keep him! This has nothing to do with low paying jobs +/or the lack of opportunity or wealth disparity!
Impeach and recall them all. Replace them with open source software. Secession is an answer. Independence must be declared from Washington D.C.. Arrest them. Somebody call the police. Don't let them get away.
The Prevaricator President!
Man I'd sure luv to see his 'original' education transcripts! Definately the poster child for borderline!
Just like fellow craft Jimmy Carter. Remember what a great job that usura pimp did?
I sell in south Chicago and am of another skin color.-I drove through an active shooter situation yesterday. Scary stuff! Happens every day and every night! For those hoping for anarchy I would say be careful what you wish for. South Chicago is out of control!!
Summer of violence. Wait until things really get tight.
All this coming from a President who never even managed a taco stand?
Actually, everyone with a degree from Harvard feels qualified to give advice to the CEOs of global enterprises.
Either has no idea (probable) or doesn't care (likely) that he has set the country back 100 years!
Wal Mart would know better than GOV
DEMAND DIES WITHOUT INCOME
STANDARD OF LIVING DIES WITH RISING PRICES!
The rest of the world is happy, that Americans elected this Nobel price Laureat for his second term.
Very good for the rest of the world.
Long Live Hussein Obanana!
Dunce Cap Candidate!
we borrow and then buy the debt. what could go wrong
FBHO
Hey Bastiat
Don't do that again
I just tried it out and now I'm getting funny looks from the wife.
Government plans to buy all its underwear from Walmart.
$1,000 per package.
Just put it on the credit card.
"Barack Obama couldn't sell watermelons if he had a state trooper flagging down traffic!"
Dan Rather
http://www.youtube.com/watch?v=KD9uG-ManrY
Evan Thomas- "obama said, the people want barack obama. I'm not sure I am barack obama." "He has the self awareness to know that this creature he's designed isn't necessarily a real person."
The Charlie Rose Show Nov 5, 2008. BTW this show can only be shown if u buy it. It is no longer available for free. all the archived shows are free. Why is that????????
Out of all the episode to be charged for when it is the most damning evidence of journalistic malpractice/fraud. Not to mention how little they know about this guy.
http://www.youtube.com/watch?v=hzMas1bVidw