Steve "Debt-Is-Good" Liesman Meets Barack "Hope-Is-Better" Obama - Live Feed

Tyler Durden's picture

Grab your popcorn as The Socialist Singularity comes to be... We are sure Steve Liesman will ask his 'economics reporter' questions while cow-towing to his glorious leader's position on job-destroying 'minimum wage' increases, unpatriotic (though legal) inversions, Fed-driven inequality, and the massive and unprecedented divergence between "bubble" markets and the minions that make it up... always remember "debt-is-good" but "hope-is-better."


Some earlier comments:



CNBC does not appear to be offering an online feed - click here for link to CNBC Live TV


Some helpful illustrations as you watch...

Markets vs Minions...


And the greatest irony for Obama...

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.

And lastly some helpful advice for the masses...

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Agent P's picture

Softball on CNBC?.....No.

DoChenRollingBearing's picture

I am glad that I sm still at the office.  Or else I would scream...  Yeah, I can predict what softballs LIESman will ask Obama.  I don't want to even know. 

Stackers's picture

Pate Stark was the best at describing why debt makes you rich

knukles's picture

Is the Matrix broken?


BTW, CNBS reports he is in the People's Cube of Kalifonia for 3 days of fundraising for Democrats.
I call Bullshit.
He's here for 3 days of fundraising for the down payment and a big ass muni portfolio to pay the mortgage.

Divided States of America's picture

Beavis (Liesman) and Butthead (Obummer)

NoDebt's picture

Even 3rd world dictators laugh at our president.  He's not even up to their level.

Luckhasit's picture

Correction, third world dictators did lau...

Oh wait, we have the kid king in NK.  

Fuck.  It knew it was a wrap when Gaddaffi went down. There's no more left.

Africa dont count, theyll gut there own.

The Alarmist's picture

Sorry, but Fear is a reaction, and courage is a choice.

Keyser's picture

Economic Patriotism?  I've had this conversation with liberals before and they just don't get it... Fucking idiots, all of them... 

El Oregonian's picture

Who is the REAL Liesman, Steve, or Barry?

gold-is-not-dead's picture

MATRIX broke big time

The only place left for global macro debate is ZH comments section. Everything else, information wise, makes no sense and is centrally channeled.

Rainman's picture

Rumor is Oblameo is shopping around for a home in Rancho Mirage. Lots of bathouses in nearby Palm Springs I hear....

knukles's picture

Rumor out here in CA is that it's in escrow

villainvomit's picture

Liesman, what a sorry ass excuse for a thinking human being.  You have got to be on the dole.  Damn, Cap.  At least get some excercise or you are not going to live long enough to enjoy all the money you are getting for the lies and misinformation.

Oh and your guitar playing SUX.

Keyser's picture

I cannot even turn CNBS on anymore, even with the sound off as I have this overwhelming urge to throw something at the TV... 


fonzannoon's picture

"It takes a big person to cry, but it takes a bigger person to laugh at that person"

stephen wright.

Salsipuedes's picture

BAM! Genius! Thank you. Seriously....

hedgeless_horseman's picture



Liesman's Craigslist ad paid off? 

  • GWCNBCR seeking GBPOTUS for one-on-one cam fun, possibly MOAR.
knukles's picture

Ok, showing my age and ignorance of social media ....
What are "GW" and "GB"?

NoDebt's picture

Gay White / Gay Black.  Took me a while to figure it out, too.

Cruel Aid's picture

Enough with the hope mantra

freewolf7's picture

Hope distracts us from what is.

Cruel Aid's picture

religion of the left.

Not hope, do...Yoda

ebworthen's picture

I expect a stream of lies, low brow thinking, softball questions, some lobs for Hitlary to hit in the future, and some man love between two bag carriers of the Kleptoligarchy.

insanelysane's picture

Two idiots walk into a room.....and CNBS starts rolling the video.

LetsGetPhysical's picture

Cheerleader interviewing the Quarterback. Expect to see a rub and a tug. 

ebworthen's picture

"Guys and Gals in hard hats..."

JHC...did he really just say that?

Yes he did!  Foreward!

We are so fucked.

Cruel Aid's picture

fast money vacay for fake money show

stant's picture

Lying ,spying ,thieving loser

Taterboy's picture

"Okay Steve, let's play Man's Country. I'll be the big eared mullato state  politican from Chicago and you be the fat middle-aged white guy. Now you get down on your knees and ..."

ebworthen's picture

The "Plants vs. Zombies" sound track and effects go well with this interview.

I'm playing while listening to this in the background.

TheSecondLaw's picture

It's a circus.  The whole thing is a fucking circus, with that surreal, dark edge that a circus always has...desperate, but funny.  No, wait, not a circus, a dance hall in the Depression, and the MC, Mr Obummer, shouts:  "Yeowzer, yeowzer. yeowzer!" and we all dance. until we die. Time to shoot the horse.

knukles's picture

"dark edge of the carney"
brilliant visuals of the gimps, geeks, drunks, pickpockets, smell, tent posts and rope, dirt, hookers, bodies, campfire ... why, a traveling rendition of Hell....  populated by the  lost, helpless and insane ....

Salsipuedes's picture

"They Shoot Children Don't They?" (Undoubtedly coming to theaters near you!)

QQQBall's picture

$17Billion in 10 years - shit the FED does that in a week still

ebworthen's picture

The banks/corporations will NEVER allow taxes to be raised or loopholes to be eliminated so that they pay the same taxes as a citizen.

The CONgress on both sides is BOUGHT AND PAID FOR.  All it will take is more bribes to keep it that way.

Welcome to the U.S.A. Debt Serf Plantation!

Dre4dwolf's picture

There is no such thing as economic patriotism, when your country doesn't even have defined borders, or a sensible tax policy that works fairly for everyone.


One flat rate for all, and no other taxes, or GTFO.

Everyone just chip in 10% no sales tax, no property taxes, no gasoline taxes etc.... only one flat rate tax for the entire country 10% of all income.... with a stipulation to increase it 1% every 10 years to a maximum of 25%.

There you go, you now have a 25 year tax plan that everyone understands, and tax revenue will grow after the 2nd year because more people will come and work here and pay more taxes.

The proper way to generate more tax revenue is to get more people working and working longer hours, you don't jack tax rates on companies up, force them to fire people and then expect tax revenue to remain sustainable, this is analogous to eating the taxpayers savings, it might increase tax revenue for a few cycles, but in the long-term eventually the corporations or individuals will not have enough $$$$ to pay up.


High Tax Rates on the long term

1) Destroy savings (of corporations and individuals)

2) Destroy jobs force everyone on part time

3) Destroy consumption (people buy less)

4) Destroy incentive to work (I only keep x% of my money, why the fuck should I work hard?)


How many years of that kind of mentality do you think an economy can survive?


The only reason things are still operating as well as they do is BECAUSE OF TAX EVASION, without it , the economy would of completely imploded a year ago.


The U.S. Govt doesn't offer the American people or corporations anything of equal value for the tax revenue it recieves, the govt just takes your money and wastes it for the most part on useless shit like 1,000,000$ golf lessons for Obama.

buyingsterling's picture

+1, but 98% of the money is spent on buying power or spent to maintain existing power relationships. The other 2% goes for constitutional functions of government.

Tulpa's picture

You can't reward campaign contributions and socially engineer with a flat tax, silly.

It is cute to see talk of economic patriotism from people whose entire income and net worth has been taken from Americans by the threat of jail.  Maybe B.O. can demonstrate his economic patriotism by not allocating a separate helicopter for his dog next time they visit Martha's Vineyard.

AllWorkedUp's picture

 "while cow-towing to his glorious leader's position on job-destroying 'minimum wage' increases, unpatriotic (though legal) inversions, Fed-driven inequality, and the massive and unprecedented divergence between "bubble" markets and the minions that make it up... always remember "debt-is-good" but "hope-is-better."

Typical usurious liberal socialist communist Jew, kissing the ass of a Zionist Neocon selected President, chosen to destroy the USA.


Emergency Ward's picture

Be happy he is only cow-towing instead of kowtowing.

Tulpa's picture

Of course B.O. goes to CNBC.  It's the only network with lower ratings than himself.

thorsmjollnir's picture

It's going to be a circle jerk of two.

Titus's picture

That tweet brought a bit of vomit to the back of my throat.