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President Obama Explains How Great The Economy Is Doing Since He Took Over - Live Feed

Tyler Durden's picture




 

This should be good...

  • *OBAMA SAYS ECONOMIC PROGRESS HAS BEEN 'STEADY'; 'IT IS REAL'
  • *OBAMA SAYS ECONOMIC FAIRNESS IS 'DEFINING CHALLENGE' OF TIME
  • *OBAMA SAYS OBAMACARE HAS RESTRAINED HEALTH-CARE PREMIUMS
  • *OBAMA: U.S. CAN SHORE UP FINANCES WITHOUT 'MINDLESS AUSTERITY'

 

 

Crucially, we should all know how much better things are than 2008 - so America will vote for his colleagues...

 

While discussing the 2014 election on Sunday's "60 Minutes," President Obama took a page out of Ronald Reagan's book:

I can put my record against any leader around the world in terms of digging ourselves out of a terrible, un -- almost unprecedented financial crisis. Ronald Reagan used to ask the question, "Are you better off than you were four years ago?" In this case, are you better off than you were in six? And the answer is, the country is definitely better off than we were when I came into office, but now we have to make...

Steve Kroft interjected, asking Obama whether that's a good question to be asking -- whether people actually feel the improvement. And Obama seemed to concede the point.

"They don't feel it," Obama said. "And the reason they don't feel it is because incomes and wages are not going up."

This Obama should probably have a chat with the Obama who brought up the whole "Are you better off" thing in the first place. Because, as an electoral strategy, it leaves something to be desired.

 

See chart below for guidance...

 

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Thu, 10/02/2014 - 14:20 | 5281044 Zoomorph
Zoomorph's picture

We're better off... it's just that millions of you don't yet feel it!!!

Thu, 10/02/2014 - 14:22 | 5281055 takeaction
takeaction's picture

What a lying sack of Ebola.

Thu, 10/02/2014 - 14:23 | 5281066 ACP
ACP's picture

It's Obola!

The symptoms are hemorraging budgets and internal corruption.

Thu, 10/02/2014 - 14:25 | 5281080 Dr Strangemember
Dr Strangemember's picture

Who is this jackhole even speaking to anymore?  I mean, who's listening to what's escaping from his sewer hole???

Thu, 10/02/2014 - 14:28 | 5281095 Bunghole
Bunghole's picture

What does Michelle Obama do after she shaves her pussy?

She straightens his tie and sends him off to work.

Please try the veal and dont forget to tip your waitresses.

Thu, 10/02/2014 - 14:30 | 5281118 The9thDoctor
The9thDoctor's picture

Stawks are at all time highs and silver is a falling knife!

Excellent job Obama!

/sarc

Thu, 10/02/2014 - 14:38 | 5281135 TruthInSunshine
TruthInSunshine's picture
Obama administration scraps quarantine regulations - USA Today
USA Today

"Apr 1, 2010 - The Obama administration has quietly scrapped plans to enact sweeping new federal quarantine regulations that the Centers for Disease ..."

You're doing a heckuva' job, Barry O.

Thu, 10/02/2014 - 14:46 | 5281186 pods
pods's picture

Listening to Him might make your ears bleed, and that could start more problems.

So I will pass thanks,

pods

Thu, 10/02/2014 - 14:47 | 5281196 Richard Chesler
Richard Chesler's picture

Economic farceness. Forward!

 

Thu, 10/02/2014 - 14:53 | 5281224 InjectTheVenom
InjectTheVenom's picture

seriously, how does this jack-off do this day-in, day-out, all while maintaining a straight face ? ? ? ?

Thu, 10/02/2014 - 15:00 | 5281257 Skateboarder
Skateboarder's picture

I would have time to practice too, if all I did was golf, choom, and make appearances on my own teevee station.

Thu, 10/02/2014 - 15:27 | 5281411 y3maxx
y3maxx's picture

Late + 30 minutes

On time

Over Under

Thu, 10/02/2014 - 15:27 | 5281412 Keyser
Keyser's picture

With an effective unemployment rate of 23%, ebola in the US, the greatest racial division in 50 years and 20+ years of bombing brown people in the ME,  he has a lot to celebrate... Mission Accomplished!!!

Thu, 10/02/2014 - 14:36 | 5281148 SmallerGovNow2
SmallerGovNow2's picture

Nice ass bung (sorry i just couldn't help myself)...

Thu, 10/02/2014 - 15:15 | 5281344 Dr Strangemember
Dr Strangemember's picture

Naah, after she shaves her pussy, she shaves her husband's pussy.  And you know that!

Thu, 10/02/2014 - 15:44 | 5281536 The9thDoctor
The9thDoctor's picture

Michael Lavaughn Robinson has a penis though. Joan Rivers knows, that's why she got whacked for outting Moochelle as a tranny.

/urban legend

Thu, 10/02/2014 - 14:28 | 5281101 Divided States ...
Divided States of America's picture

Now I know why the markets had to ramp up to green....I am sure Obama didnt want to do a speech on the state of the economy when the markets are getting clobbered, just wouldnt look good.

Thu, 10/02/2014 - 15:14 | 5281332 Blues Traveler
Blues Traveler's picture

LIES and he knows it. The balls on this guy are the size of Hillary;s head. Brookins Institute published an article the worst business environment since 1978.  Not to mention mass exodus of small business nor dismal small business start -ups. The working people are getting creamed, they have no disposal income and few real career opportunities thus you are now seeing retailers like Neiman Marcus offering discount for early Spring 2015 orders, skipping the 21/2 months of Christmas/holiday shopping.  The POS NPR published an article stating that consumer has not learned anything as consumer debt is at an all time high.  Of course, it didn't mentioned how misreable the economy was, the lack of opportunities and the deterimental impact of oblunder/congress policies.

The media is no friend to the working people, meat for the grinder.

Thu, 10/02/2014 - 15:16 | 5281342 gswifty
gswifty's picture

Good question!

The erosion of President Obama’s base, in 1 chart

http://www.washingtonpost.com/blogs/the-fix/wp/2014/09/26/by-at-least-on...

Only three of the groups presented here think Obama is doing a better job by a wider margin than wanted to throw him out of office in 2012: people over 65, people who finished college or got advanced degrees, and people who make $90,000 or more a year. None of those groups voted for Obama in 2012 on net; in fact, relative to their demographic groupings, they're the ones that showed the lowest support for Obama. Perhaps they had nowhere to go but up. Or, perhaps, we see here the margin between where Obama's approval is now and how much support he got in 2012.

 

Thu, 10/02/2014 - 14:26 | 5281092 TruthInSunshine
TruthInSunshine's picture

He's a puppet on a string.

POTUS/TOTUS is literally a figure head at this point. Why anyone pays attention to what a bought & paid for legislative, executive or judicial branch of government does is beyond all reason.

Thu, 10/02/2014 - 14:58 | 5281242 InjectTheVenom
InjectTheVenom's picture

i think what u mean is, why does anyone pay attention to what they SAY , and that we SHOULD all pay attention to what they DO

Thu, 10/02/2014 - 14:34 | 5281137 freakscene
freakscene's picture

If I had a disease, it would look like ebola

Thu, 10/02/2014 - 15:04 | 5281281 drendebe10
drendebe10's picture

It ain't called pathological  liar in chief for nothing. And it needs to send "navy corpse-man" to figt yhe "eboly" virus.

Thu, 10/02/2014 - 14:22 | 5281065 Pig Circus
Pig Circus's picture

Yep, that's why we be up Typoid Barry is running his mouth.

Thu, 10/02/2014 - 14:42 | 5281172 Hippocratic Oaf
Hippocratic Oaf's picture

Tell me when this cocksucker is headed to the podium so I can leave the office.

"I had to throw some secret service folks under the bus"

Someone, just aim low and squeeze.

Thu, 10/02/2014 - 14:46 | 5281189 Everybodys All ...
Everybodys All American's picture

Do people now understand why I refer to this guy as the Marxist con man?

Thu, 10/02/2014 - 15:23 | 5281395 Gold Eyed Cat
Gold Eyed Cat's picture

Everything is awesome!  Oblah-blah said so!  Just wait, we'll all be getting raises by Christmas!  I'm just going to go ahead and get that boat loan now!  We should all get matching 30' Grady White Marlin 300s!  Fish or fuck?  We can do both!!!

Thu, 10/02/2014 - 14:20 | 5281045 blabam
blabam's picture

Ah this explains why stawks are up again.

Thu, 10/02/2014 - 14:20 | 5281050 ACP
ACP's picture

FUCK YOU OBAMA!

Thu, 10/02/2014 - 14:52 | 5281220 thamnosma
thamnosma's picture

That pretty much sums it up.

Thu, 10/02/2014 - 14:22 | 5281056 Muppet
Muppet's picture

I don't know who HE called but the market ramp this afternoon was someones show of authority.

Thu, 10/02/2014 - 14:51 | 5281219 Hippocratic Oaf
Hippocratic Oaf's picture

Easy, Blankjew

He has a direct line to god

Thu, 10/02/2014 - 15:00 | 5281262 PrecipiceWatching
PrecipiceWatching's picture

Maybe "god", whatever that is.

 

But certainly not God.

Thu, 10/02/2014 - 14:22 | 5281060 PrecipiceWatching
PrecipiceWatching's picture

Eubonics Economics.

 

Or just plain chicken bone, lizard skin Voodooconomics.

Thu, 10/02/2014 - 14:22 | 5281061 pods
pods's picture

"Shit. I know shit's bad right now, with all that starving bullshit, and the dust storms, and we are running out of french fries and burrito coverings. But I got a solution."

One day this will be the opening.

pods

Thu, 10/02/2014 - 14:55 | 5281245 Occams_Chainsaw
Occams_Chainsaw's picture

Ond day?  (shit....I thought I heard two of ya over there)

Thu, 10/02/2014 - 15:33 | 5281464 ZeroPoint
ZeroPoint's picture

At least President Camacho cared about the people.

Thu, 10/02/2014 - 15:44 | 5281534 Occams_Chainsaw
Occams_Chainsaw's picture

Do you suppose some Brawndo would defeat the ebola?

Thu, 10/02/2014 - 16:29 | 5281772 Uchtdorf
Uchtdorf's picture

No, but Chuck Norris would.

Thu, 10/02/2014 - 22:29 | 5283003 ZeroPoint
ZeroPoint's picture

NO you dummy. Brawndo has got what PLANTS crave.

Thu, 10/02/2014 - 22:29 | 5283004 ZeroPoint
ZeroPoint's picture

.

Thu, 10/02/2014 - 14:21 | 5281063 pupdog1
pupdog1's picture

How much fairer can you get than not working and getting all your shit for free?

Thu, 10/02/2014 - 14:35 | 5281142 pods
pods's picture

He was a big fan of Dire Straits.

pods

Thu, 10/02/2014 - 14:21 | 5281064 44MagnumPrepper
44MagnumPrepper's picture

Obama talks, buy stawks. That's the rule, right?

Thu, 10/02/2014 - 14:26 | 5281071 alexcojones
alexcojones's picture

Exceptional!!!

Our Manchurian Golfer in Chief.

Thu, 10/02/2014 - 14:23 | 5281075 I Write Code
I Write Code's picture

Is he vomiting blood yet?

Thu, 10/02/2014 - 14:57 | 5281253 Occams_Chainsaw
Occams_Chainsaw's picture

We once had (note HAD) a dog that would eat it's crap then throw it up and eat it again.  I think he ended up in high office somewhere.

Thu, 10/02/2014 - 14:58 | 5281256 InjectTheVenom
InjectTheVenom's picture

oh god, you don't know how warm & fuzzy that vision makes me feel . . . . . .

Thu, 10/02/2014 - 14:51 | 5281079 PrecipiceWatching
PrecipiceWatching's picture

"Economic Fairness" = more thieving, soul-destroying Collectivism.

 

And, more, still more for openly Racist Reparations; the multi-trillion dollar, utterly failed "War on Poverty" wealth redistribution, criminal enterprise. 

Thu, 10/02/2014 - 17:48 | 5282139 Nick Jihad
Nick Jihad's picture

For example, the aptly-named Pigford settlement.

Thu, 10/02/2014 - 14:27 | 5281086 stant
stant's picture

Can someone take that monkeys hammer away!

Thu, 10/02/2014 - 14:28 | 5281093 Honey Badger
Honey Badger's picture

"Are you going to believe me, or your lying eyes?"

Thu, 10/02/2014 - 14:28 | 5281094 bcking
bcking's picture

Obama really makes my ass hurt.

Thu, 10/02/2014 - 14:34 | 5281133 Dungholio
Dungholio's picture

You need jelly, any kind will do and ease your suffering....  just apply to your rectum hourly.

Thu, 10/02/2014 - 14:59 | 5281259 InjectTheVenom
InjectTheVenom's picture

Reggie...is that you ? !

Thu, 10/02/2014 - 14:33 | 5281096 Everybodys All ...
Everybodys All American's picture

We are so screwed.

Thu, 10/02/2014 - 14:28 | 5281097 thunderchief
thunderchief's picture

You lie, you lie!

I thought that guy should have been removed back then.

Where did he go when you need him?

Thu, 10/02/2014 - 14:28 | 5281100 Kaiser Sousa
Kaiser Sousa's picture

"Gold sales from Australia’s Perth Mint, which refines all the bullion output in the world’s second-biggest producer, climbed 89 percent in September to the highest level in almost a year as prices declined.

Sales of gold coins and minted bars rose to 68,781 ounces from 36,369 ounces in August and the most since October 2013, according to data from the mint compiled by Bloomberg News. Sales were about 68,487 ounces in September 2013, data show.

Bullion prices dropped 6.2 percent in September, the biggest decline since June 2013, nearly erasing this year’s gains. The dollar has climbed amid improving U.S. economic data and as the Federal Reserve raised interest-rate forecasts, while central banks in Europe and Asia maintained or expanded stimulus to spur economic growth. Gold coin sales by the U.S. Mint more than doubled in September to the highest since January, according to data compiled by Bloomberg.
http://www.bloomberg.com/news/2014-10-02/gold-sales-at-perth-mint-reach-...

Thu, 10/02/2014 - 18:10 | 5282216 Moe Howard
Moe Howard's picture

Gettin' some while the gettin' is good AKA BTFD bitchez!

Thu, 10/02/2014 - 14:30 | 5281110 deeply indebted
deeply indebted's picture

Color me curious.

What the fuck is economic fairness!?

Thu, 10/02/2014 - 14:35 | 5281140 XitSam
XitSam's picture

Your money goes to the FSA.

Thu, 10/02/2014 - 14:46 | 5281182 PrecipiceWatching
PrecipiceWatching's picture

1) Drive to the ATM of your bank.

2) Withdraw all of your money.  Place it in a bucket.

3) Drive to the nearest Martin Luther King Blvd.

4) Empty the bucket out your car window onto the street.

5) Most important: Apologize for your years of white privilege.

6) You have achieved Economic Fairness

7) Bonus:  Call selected, self-hating, neurotic white cowards such as 'lil Bobby Costas, smegma Al Franken and smarmy Ken Burns, and receive their smug, "progressive" approval. 

Thu, 10/02/2014 - 15:54 | 5281578 The9thDoctor
The9thDoctor's picture

Economic Fairness is defense contractors making six-figure salaries off of the taxpayers' dime, and then those said contractors go on right-wing message boards advocating free-markets!

You can sponsor ten Trayvons for the price of one of Erik Prince's goons.

Thu, 10/02/2014 - 16:29 | 5281771 PrecipiceWatching
PrecipiceWatching's picture

And so what kind of ignorant drivel do they spew on "left-wing" message boards?

 

I'm sure you are an experienced and enthusiastic participant.

Thu, 10/02/2014 - 14:49 | 5281206 freakscene
freakscene's picture

The way he said it, it sounded like its a new term that will be a challenge to define

it means bend over and grab your ankles, they found more buzz words that poll well with morons

Thu, 10/02/2014 - 16:11 | 5281675 NotApplicable
NotApplicable's picture

FAIR = Fuck All, Ignoring Reason

Thu, 10/02/2014 - 15:51 | 5281557 GernB
GernB's picture

Economic fairness means a minimum wage that pays all jobs the same regardless of how little or how much we need people doing that job.

Economic fairness means unions deciding that two teachers are paid the same even though one is incompetent, hates his job and barely works and the other is brilliant and hard working and puts in tons of overtime.

Economic fairness is equal pay for the same job even though two workers are never the same.

In short economic fairness is saying "screw you" to consumers and their ability to decide what they want to pay for labor, leaving them with the choice to either do the job themselves (pump their own gas or bag their own grocericies) or pay for labor that is mispriced.

 

Thu, 10/02/2014 - 15:59 | 5281609 The9thDoctor
The9thDoctor's picture

Economic Fairness is Warren Buffet gets bailed out, yet Joe Blow needs to do the "moral thing" and pay off his clouded MERS mortgage on a bubble priced house.

Thu, 10/02/2014 - 16:25 | 5281756 GernB
GernB's picture

Which is the inevitable result when you take away the power of consumers to decide what things are worth and give it to politicians.

Thu, 10/02/2014 - 14:30 | 5281113 aztrader
aztrader's picture

Lying comes so easy to him.  The king of BS.   Anyone that supports his agenda should be in Gitmo. 

Did he call Yellen and demand that the market rally for his speech?

Is anyone listening?............

Thu, 10/02/2014 - 14:46 | 5281197 10mm
10mm's picture

All flights should of been barred into US. Not a questionnaire. 

Thu, 10/02/2014 - 14:31 | 5281115 emersonreturn
emersonreturn's picture

XOM has had to quit the kara sea project as well as 8 others...with ebola in dallas i wonder if XOM is thinking perhaps a move to another location might just be the smartest move.  Obola's ability to oversee the financial well being of the economy is only matched by his ability to safe guard the borders and the public's well being.

Thu, 10/02/2014 - 14:34 | 5281116 Otto Zitte
Otto Zitte's picture

Modern poliiticians are clowns. The Hand that pays them does what it will. They take the blame and then retire, it all gets dropped without recourse and resolution.

Thu, 10/02/2014 - 14:46 | 5281187 Bastiat
Bastiat's picture

Clown/whores . . . but good, concise summeary.

Thu, 10/02/2014 - 14:32 | 5281122 SmallerGovNow2
SmallerGovNow2's picture

Fucking idiot stooge...

Thu, 10/02/2014 - 14:32 | 5281124 Fuku Ben
Fuku Ben's picture

Mission Accomplished

Thu, 10/02/2014 - 14:32 | 5281126 Jason T
Jason T's picture

discretionary time in non market work activities is down .. that is why American's in aggregate are poorer.  

Thu, 10/02/2014 - 14:33 | 5281128 madcows
madcows's picture

if he has to tell us we're doing better, then it is clear we are not doing better.

I love it when they have to explain how great they have made things for us, cuz clearly we're imbiciles and can't see it.  More like we can see just fine how shitty it is, and know exactly who to blame.  FU, you criminal.

Thu, 10/02/2014 - 14:35 | 5281139 jacship
jacship's picture

GOLFER IN CHEF

PROGRESSIVE-DUMBDOWN

UH,uh,uh Everything is fine Folks

Thu, 10/02/2014 - 14:35 | 5281143 CharliePrince
CharliePrince's picture

its all good   he  has  a job

 

so what if you dont

Thu, 10/02/2014 - 14:37 | 5281150 Farmer Joe in B...
Farmer Joe in Brooklyn's picture

He is such a divisive cunt...!!!!

Always goes back to "economic fairness" and "wage inequality" and "income gap".  He knows damn fucking well that the fucking income gap is 100% ZIRP-driven speculation, which only benefits the wealthy.

But he also knows that many (most?) americans are too fucking stupid to understand this....

Hats off to you, King Barry.  You understand your subjects and know just how to control them.

I'd love to take a big bloody ebola shit right down his fucking throat.

Thu, 10/02/2014 - 16:13 | 5281691 NotApplicable
NotApplicable's picture

I doubt if he's ever even heard of ZIRP, let alone understands it's ramifications. His one and only job is to represent the facade we know as "integrity of the office."

Please stop ascribing human traits to puppets.

Thu, 10/02/2014 - 14:39 | 5281158 Dungholio
Dungholio's picture

It's good to be king!

Thu, 10/02/2014 - 14:39 | 5281160 RiverDrifter
RiverDrifter's picture

This clown is so full of shit, I cannot stand to listen to his lies anymore.  The stats and figures are about as accurate as his claims that the intelligence community underestimated the situation in Syria when he's been absent from daily intelligence briefings 60% of the time.  

Turning him off, it's drivel for those who are among the FSA to eat up like the government cheese they get in the form of EBT card monies every month.  Who still listens to this guy anyway?  He's a puppet for crissakes.

Thu, 10/02/2014 - 16:15 | 5281700 NotApplicable
NotApplicable's picture

I don't listen to any of them, EVER. I look forward to the day when I've never once heard the voice of POTUS. Which, by my calculation, will be in 2024, once Hitlery steps down from the throne.

Thu, 10/02/2014 - 14:39 | 5281161 Smiley
Smiley's picture

That sock puppet is so detached from reality it is repugnant.  Does anybody in the world seriously believe a thing coming out of his mouth?

Thu, 10/02/2014 - 14:40 | 5281165 Atomizer
Atomizer's picture

The only direction Obama has for the United States of America. Guiding Reggies cock into his asshole.

Thu, 10/02/2014 - 14:40 | 5281166 carbonmutant
carbonmutant's picture

The greatest challenge of our time is to survive this administration....

Thu, 10/02/2014 - 19:01 | 5282400 square wave
square wave's picture

Seriously? How is this any worse than GW's fiasco? It's been shit living in this country for over a decade now. I've been laid-off three times since 2007.

Greatest nation on Earth, my arsehole.

Fri, 10/03/2014 - 04:20 | 5283541 Central Ohio
Central Ohio's picture

Sorry you got laid off.  Keep trying.

Thu, 10/02/2014 - 14:46 | 5281185 Duffy
Duffy's picture

In fairness this puppet inherited a shit storm from the last puppet, and the bare notion that the president's actions have much to do with anything is itself highly questionable.

That concession made - the way this guy can stand there and read absolute rubbish, cherry-picked, twisted figures, and garner applause is hard to stomach.

 

As for mindles austerity - how about not spending billions on Ukraine, Syria, Iraq and Israel? How about nationalizing the Fed - that will save you 6% off the top right there...  how about raising the marginal corporate tax rate on any business hiding money offshore, or actively exporting jobs?  How about ending business killing sanctions, open up trade with Cuba and Iran and reduce or remove bases in Germany, Japan, Korea, etc?

 

Agree or disagree with any of the above, fair enough - but for fuck's sake, how is it we still allow politicians to talk about the "map" of the economy, with fudged metrics, versus the "territory" of unemployment, real wages, real inflation, etc?

 

 

Thu, 10/02/2014 - 14:46 | 5281192 world_debt_slave
world_debt_slave's picture

O still chooming away

Thu, 10/02/2014 - 14:47 | 5281198 orangegeek
orangegeek's picture

barry's in full retard mode riding into town on his plaid colored unicorn

 

 

 

 

Thu, 10/02/2014 - 14:48 | 5281203 UTICA CLUB XX PURE
UTICA CLUB XX PURE's picture

What's with the American flags in the back ground?

Thu, 10/02/2014 - 18:04 | 5282204 Moe Howard
Moe Howard's picture

Helloween Decorations.

Thu, 10/02/2014 - 14:50 | 5281211 insanelysane
insanelysane's picture

I truly believe that he doesn't understand a fucking thing the teleprompters prompt him to say.  No one wants him at the daily briefings.  They just tell him he must have more important stuff to do than to go to these silly meetings while the handlers nod their heads yes.  He just nods back and walks away.

Thu, 10/02/2014 - 14:51 | 5281212 wmbz
wmbz's picture

I was sure the Chimp-N-Chief would be playing with balls on a course somewhere. I guess he felt the need to assure the serfs he has their back. 

I'm sure the moron voters still believe.

Thu, 10/02/2014 - 14:52 | 5281216 deeply indebted
deeply indebted's picture

This shithead has been promising "fairness" for 6 fucking years! Meanwhile, the rich get richer and poor get poorer - YET, none of his equally shitheaded followers have figured it out! You deserve what you voted for! Morons!

Thu, 10/02/2014 - 16:17 | 5281705 NotApplicable
NotApplicable's picture

In other words, it's fair.

Thu, 10/02/2014 - 14:53 | 5281226 Sick
Sick's picture

This speech just SCREAMS that they are not just worried about the current situation but have nothing to offer but the same promises and BS we have been fed since the early 70's when we were taken off the gold standard.  For me, there are just too many signs of what is to come and it is catastrophic.  Time to check the preps.

Thu, 10/02/2014 - 14:54 | 5281236 suteibu
suteibu's picture

Obamanomics is working about as well as Abenomics.

If it were not for those pesky incomes and wages being stagnant even in the face of record --cough, cough -- corporate profits, everyone would be sitting pretty.  And, to be sure, all we need is faith in society's betters...er...elite...um...leaders and everything will turn out A-okay.

Thu, 10/02/2014 - 15:00 | 5281267 GernB
GernB's picture

Economic fairness? I'm failing to see how it is fair to make one person to work so another does not.

Thu, 10/02/2014 - 15:06 | 5281285 jubber
jubber's picture

Just look at that bounce Dow up 170
S&P up 25
Russell up 22

LOL nothing rigged here !

Thu, 10/02/2014 - 15:09 | 5281308 GernB
GernB's picture

That actually looks like technicians trying to outsmart the market by buying when the current market decline equals the last similar market decline.

Thu, 10/02/2014 - 15:08 | 5281299 kowalli
kowalli's picture

top 1 %

Thu, 10/02/2014 - 15:17 | 5281345 ejmoosa
ejmoosa's picture

If things were better, we would know it.

Thu, 10/02/2014 - 15:28 | 5281397 gswifty
gswifty's picture

What would it take for Obama to lose support amongst blacks? SNL answers that question.

https://www.youtube.com/watch?v=nI0ib11evdU

fast-forward to 3:35 for the meat-n-potatoes.

 

Thu, 10/02/2014 - 17:59 | 5282181 BeetleBailey
BeetleBailey's picture

Yeah...fuck that...13% of the population, and still they suck dick

Thu, 10/02/2014 - 15:28 | 5281422 kchrisc
kchrisc's picture

Remember: "It's not lying, if it's all bullshit."

An American, not US subject.

 

"He only says what his tele-bullshitter tells him to.

Thu, 10/02/2014 - 15:30 | 5281434 altheatoldme
altheatoldme's picture

Ahh, wait for it,. wait for it....knew it would come sometime.

Thu, 10/02/2014 - 15:30 | 5281435 altheatoldme
altheatoldme's picture

Ahh, wait for it,. wait for it....knew it would come sometime.

Thu, 10/02/2014 - 15:37 | 5281499 Dr. Engali
Dr. Engali's picture

Economic fairness, who the hell ever said life was fair?

Thu, 10/02/2014 - 15:39 | 5281514 square wave
square wave's picture

He reminds me of a character from 'Team America: World Police'. 

What do I have to do to get MY own puppet?!

Thu, 10/02/2014 - 15:52 | 5281560 Pimp Daddy
Pimp Daddy's picture

Definition of Economic Fairness = Wealth Confiscation

Thu, 10/02/2014 - 15:52 | 5281561 Spungo
Spungo's picture

Since I took office, my donors have increased their wealth five fold. Things are going great!

Thu, 10/02/2014 - 16:05 | 5281639 altheatoldme
altheatoldme's picture

Corporate U.S. Healthiest in Decades Under Obama With Lower Debt (Bloomberg)
Steve Wynn, founder of the Wynn Resorts Ltd. (WYNN) casino empire, once called President Barack Obama’s administration “the greatest wet blanket to business and progress and job creation in my lifetime.” Barry Sternlicht, chief executive officer of Starwood Property Trust Inc. (STWD), said Obamacare was driving down wage growth and “affecting spending and the desire to buy houses and everything else.” They are among a chorus of corporate executives and lobbying groups that regularly assail Obama for policies that they say are stifling investment and hurting companies. Corporate and economic statistics almost six years into his administration paint a different picture. Companies in the Standard & Poor’s 500 (SPX) Index are the healthiest in decades, with the lowest net debt to earnings ratio in at least 24 years, $3.59 trillion in cash and marketable securities, and record earnings per share. They are headed this year toward the fastest average monthly job creation since 1999, manufacturing is recovering and the U.S. has returned as an engine for global growth. The recovery, which stands in contrast to weak growth in Europe and Asia, has underpinned an almost threefold gain in the Standard & Poor’s 500 Index since March 2009. Wynn has been part of that recovery. Since Obama first took the oath on Jan. 21, 2009, the shares of his luxury hotel company have surged fivefold while the S&P 500 Index more than doubled.--

just sayin!

Thu, 10/02/2014 - 16:04 | 5281640 altheatoldme
altheatoldme's picture

Corporate U.S. Healthiest in Decades Under Obama With Lower Debt (Bloomberg)
Steve Wynn, founder of the Wynn Resorts Ltd. (WYNN) casino empire, once called President Barack Obama’s administration “the greatest wet blanket to business and progress and job creation in my lifetime.” Barry Sternlicht, chief executive officer of Starwood Property Trust Inc. (STWD), said Obamacare was driving down wage growth and “affecting spending and the desire to buy houses and everything else.” They are among a chorus of corporate executives and lobbying groups that regularly assail Obama for policies that they say are stifling investment and hurting companies. Corporate and economic statistics almost six years into his administration paint a different picture. Companies in the Standard & Poor’s 500 (SPX) Index are the healthiest in decades, with the lowest net debt to earnings ratio in at least 24 years, $3.59 trillion in cash and marketable securities, and record earnings per share. They are headed this year toward the fastest average monthly job creation since 1999, manufacturing is recovering and the U.S. has returned as an engine for global growth. The recovery, which stands in contrast to weak growth in Europe and Asia, has underpinned an almost threefold gain in the Standard & Poor’s 500 Index since March 2009. Wynn has been part of that recovery. Since Obama first took the oath on Jan. 21, 2009, the shares of his luxury hotel company have surged fivefold while the S&P 500 Index more than doubled.--

just sayin!

Thu, 10/02/2014 - 16:25 | 5281753 moneybots
moneybots's picture

Companies have been borrowing billions to buy back stock. 

There is no recovery.  The number of people not working hit another record 92 million+ not long ago.

Thu, 10/02/2014 - 18:56 | 5282379 square wave
square wave's picture

But the dollar!!!

Thu, 10/02/2014 - 16:19 | 5281723 moneybots
moneybots's picture

"OBAMA SAYS ECONOMIC FAIRNESS IS 'DEFINING CHALLENGE' OF TIME"

 

How much of a challenge is it to drive everyone down to poverty level, except the elites that Obama pals around with at $32,000 a plate?

Thu, 10/02/2014 - 16:36 | 5281802 world_debt_slave
world_debt_slave's picture

yeah, I work my ass off and don't make that in a year, after taxes that is.

Thu, 10/02/2014 - 16:42 | 5281833 moneybots
moneybots's picture

"I can put my record against any leader around the world in terms of digging ourselves out of a terrible, un -- almost unprecedented financial crisis. Ronald Reagan used to ask the question, "Are you better off than you were four years ago?" In this case, are you better off than you were in six? And the answer is, the country is definitely better off than we were when I came into office"

 

No, it isn't better off than when he came into office.  Real wages are lower, a record 92 million are not working, 45 million+ are on food stamps.  Most jobs created last year were part time and low wage.

Mortgage subprime has been shifted to autos.  College graduates are mired in debt and can't afford to buy a house.

He hasn't dug us out of anything, as the credit bubble grows ever larger.  The hole is instead getting deeper.

 

Thu, 10/02/2014 - 16:56 | 5281895 moneybots
moneybots's picture

OBAMA: U.S. CAN SHORE UP FINANCES WITHOUT 'MINDLESS AUSTERITY'

 

Austerity isn't mindless. 

http://www.zerohedge.com/news/2013-12-30/austerity-isnt-negative-its-ess...

 

The government cannot shore up finances by borrowing nearly 18 trillion dollars and counting.

Thu, 10/02/2014 - 17:16 | 5281989 bid the soldier...
bid the soldiers shoot's picture

THE MORE I KNOW ABOUT OBAMA

the less I think of Lincoln

 

please get in the queue to downvote

Thu, 10/02/2014 - 17:39 | 5282088 Aeternalis
Aeternalis's picture

god damnit barack

it doesn't matter how much my income and wages increase if the cost of shit everywhere keeps pace or even OUTPACES the increase.

 

must be nice to have all that inflation insulation lining the walls of the white house and your wallet you disconnected fuck!

Thu, 10/02/2014 - 17:56 | 5282167 BeetleBailey
BeetleBailey's picture

Fuck you Barry Fuckbama you lying cunt.

What a fucking fraud.....GO JUMP OFF A FUCKING CLIFF YOU ASSHOLE.

Thu, 10/02/2014 - 18:01 | 5282196 Moe Howard
Moe Howard's picture

$4.25 a pound butter. Highest milk prices in history. I could go on and on.

 

Why isn't the Guillotine Party the largest political party in America?

 

http://www.instructables.com/id/Guillotine/

 

 

Thu, 10/02/2014 - 18:27 | 5282281 Joe Tierney
Joe Tierney's picture

"You didn't build that...."   B.H.O.

 

And he didn't trash everything you built.....

 

Oh well... maybe Mars wouldn't be so bad after all

Thu, 10/02/2014 - 18:35 | 5282306 Joe Tierney
Joe Tierney's picture

Is economic fairness anything like king Solomon's fairness? Cut the baby in half (thereby killing it, of course) and distribute fairly, evenly amongst claimants?

 

Except Solomon was illustrating a point of genuine ownership, he wasn't actually going to act on it. But this Kenyan Islammo-commie is acting on it.

 

But of course he's exempt. He's doing his part by gettin' it done on everyone else.

Thu, 10/02/2014 - 19:17 | 5282442 d edwards
d edwards's picture

Hardly anybody believes this lying fuck anymore.

Fri, 10/03/2014 - 00:31 | 5283292 fibonacci's claus
fibonacci's claus's picture

im starting to wonder if obama worships at the same mosque these other guys do

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