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Despite "Worst Since Lehman" Data, President Obama Explains How Great The Economy Is - Live Feed

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The market economy is good...

 

 

 

President Obama is due to speak at 1630ET...

 

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Thu, 03/26/2015 - 16:30 | 5930927 corporatewhore
corporatewhore's picture

sad. just sad.

Thu, 03/26/2015 - 16:33 | 5930953 angel_of_joy
angel_of_joy's picture

Obozo might see some "problems" during his last year and a half of reigning, considering that he just pissed our best ME "ally" with some stupid disclosure...

Thu, 03/26/2015 - 16:39 | 5930989 Richardk888
Richardk888's picture

Who is our best ME ally?

Thu, 03/26/2015 - 17:08 | 5931151 inhibi
inhibi's picture

No idea. Then again the entire speech was just crap.

He had maybe 4 main points, all of which were talked about in the most vague of terms. Then of course came the crowd pleaisng point, with the <black> family entrenched in debt. Of course, he didnt really explain what the fix was. But he did subtely imply it was the Republicans fault for the 2007 crash. 

As usual

Thu, 03/26/2015 - 17:28 | 5931231 TruthInSunshine
TruthInSunshine's picture

"Some folks got to take out some payday loans..."

Thu, 03/26/2015 - 19:40 | 5931760 PTR
PTR's picture

"We scammed some folks."

Thu, 03/26/2015 - 18:05 | 5931375 monad
monad's picture

They aren't our allies. They are the allies of the facist criminal regime that robs you every day. Our best allies are the people getting hosed by the same usurers as us, and they are everywhere.

Find the others.

Thu, 03/26/2015 - 16:56 | 5931091 JR
JR's picture

Rather than our “best ally” the spying revelations indicate Israel may be our worst enemy. As Glenn Greenwald said yesterday, Israel’s denial that it “spied on U.S. negotiations with Iran and then fed the intelligence to Congressional Republicans... is also squarely contradicted by top-secret NSA documents, which state that Israel targets the U.S. government for invasive electronic surveillance, and does so more aggressively and threateningly than almost any other country in the world. Indeed, so concerted and aggressive are Israeli efforts against the U.S. that some key U.S. government documents — including the top secret 2013 intelligence budget — list Israel among the U.S.’s most threatening cyber-adversaries and as a 'hostile' foreign intelligence service.”

https://firstlook.org/theintercept/2015/03/25/netanyahus-spying-denial-directly-contradicted-secret-nsa-documents/

Thu, 03/26/2015 - 17:06 | 5931140 City_Of_Champyinz
City_Of_Champyinz's picture

So fucking what we spy on them and all of our other allies as well.  Every country does it.

Thu, 03/26/2015 - 17:23 | 5931209 JR
JR's picture

The National Intelligence Estimate (NIE) ranked Israel as the third most aggressive intelligence service against the U.S.

Other nations obviously have spying networks operating in the U.S. But they do not control major foreign policy decisions, especially in the Middle East, as Israel does. Combine Israel’s ironclad control of the U.S. Congress and its complete reliance on U.S. military power to back its aggression in the Middle East and then add its extensive spying network (translation: a continuous flow of material to be used for blackmail and leverage against the American president, its Congress, its courts and its military), and you have significant damage to American sovereignty.

And, then, underline it with control of the Federal Reserve which makes war possible by financing it….

Thu, 03/26/2015 - 17:55 | 5931343 eatthebanksters
eatthebanksters's picture

If you were Israel and Obozo was negotiating a deal with Iran wouldn't you want to know what the fuck was going on?

Thu, 03/26/2015 - 22:40 | 5932305 JR
JR's picture

I am not talking about what interests Netanyahu has; but my interests, the government and future that I have paid for, is threatened by Netanyahu. And I would like to have my government do something about it.

Thu, 03/26/2015 - 18:50 | 5931579 jaxville
jaxville's picture

   Unlike Israel, at least we don't sell the fruits of our espionage to Red China and other potential enemies.  It is clear that Red China has more information about the F35 program than the other nations who are actually participating in it.

  Even if they sort the bugs out of that flying (a bit of an exaggeration as I am not sure it even does that) nightmare,  it will be an easy target thanks to the efforts of Israeli intelligence.

Thu, 03/26/2015 - 16:57 | 5931096 Wahooo
Wahooo's picture

Please explain the term "ME ally". It's not flowing smoothly across mu synapses.

Thu, 03/26/2015 - 17:36 | 5931263 Bill of Rights
Bill of Rights's picture

If I had to guess, ME is Middle East and Ally is a Bank And Allies is a friend.

But hey what do I know , I'm just an asshole passing through.

Thu, 03/26/2015 - 17:05 | 5931132 giggler321
giggler321's picture

If we could just all agree that everthing is rosey, ignoring real data - I think we could stretch to Fried Chicken all around?  eh?

Thu, 03/26/2015 - 16:46 | 5931031 TideFighter
TideFighter's picture

A Unicorn in every garage...Skittles in every pot.

Thu, 03/26/2015 - 16:47 | 5931037 AcidRastaHead
AcidRastaHead's picture

But he must be right.  Proof is that the Fed no longer mentions certain words.  What more proof do you need?

Thu, 03/26/2015 - 18:09 | 5931390 Arnold
Arnold's picture

There are words not to be mentioned in relation to terror.

There are words not to be mentioned about Hillary.

Sheet , I be prax tissin my ebonics jes to git by.

Thu, 03/26/2015 - 18:16 | 5931420 shouldvekilledthem
shouldvekilledthem's picture

I think it's funny...like the movie "Idiocracy"

Thu, 03/26/2015 - 23:04 | 5932398 one_hundred
one_hundred's picture

I'm making over $7k a month working part time. I kept hearing other people tell me how much money they can make online so I decided to look into it. Well, it was all true and has totally changed my life. This is what I do... www.globe-report.com

Thu, 03/26/2015 - 16:30 | 5930929 SmallerGovNow2
SmallerGovNow2's picture

WTF does he know.  NEVER earned an honest dollar or did an honest days work in his life...

Thu, 03/26/2015 - 16:31 | 5930944 Bay of Pigs
Bay of Pigs's picture

"the good news is..." (insert assorted lies)

Thu, 03/26/2015 - 16:49 | 5931038 Dexter Morgan
Dexter Morgan's picture

Good news is military contractors stocks are killing it, many up 100% in 2 years and Northrup Grummon up 166% while dow is up 20%.  Now with lost hardware in Iraq, Yemen, sending hardware to Ukraine, how can these stocks ever go down?  General Dynamics, Lockheed Martin, Booz Allen, take your pic up 100%.  Saudi Arabia is biggest importer of arms in the world.  Biggest no-brainer since Dumb and Dumber.

Thu, 03/26/2015 - 16:58 | 5931102 I am more equal...
I am more equal than others's picture

 

 

(inserted lie)

Michelle is a woman (ever since her surgery)

Thu, 03/26/2015 - 17:57 | 5931351 eatthebanksters
eatthebanksters's picture

The good news is that he's going to Florida to gold this weekend.  I used to bitch that the guy golfed to much...now I wish he just stayed on the fucking course.

Thu, 03/26/2015 - 16:33 | 5930949 NoDebt
NoDebt's picture

What the hell would a president know about the state of the economy?  GWB was out there telling everyone "the state of our economy is strong" just weeks before all hell broke loose in 2008.  And he was just stupid.  The current one lies when telling the truth would serve a better purpose.  You're gonna listen to what he says?

Goose, this is Maverick.  I'm punching out.

Thu, 03/26/2015 - 17:53 | 5931329 Savyindallas
Savyindallas's picture

How can you blame George? He just read his script. Same with Obama. 

Thu, 03/26/2015 - 16:36 | 5930957 Rehab Willie
Rehab Willie's picture

We broke some folks

Thu, 03/26/2015 - 16:35 | 5930966 Seasmoke
Seasmoke's picture

Not sad. Hilarious. Enjoy the comedy. Tragic comedy. But still a comedy. Laugh out loud. 

Thu, 03/26/2015 - 16:36 | 5930969 Omen IV
Omen IV's picture

The Truth has been deemed by Obama to be over,  due to no one believes anything so it is not necessary

Thu, 03/26/2015 - 16:37 | 5930974 ted41776
ted41776's picture

you will drink the kool aid and you will like it

Thu, 03/26/2015 - 16:38 | 5930979 darteaus
darteaus's picture

He's lying.

Thu, 03/26/2015 - 16:40 | 5930994 Colonel Klink
Colonel Klink's picture

Lying cocksucker in chief!

Thu, 03/26/2015 - 18:37 | 5931523 Fukushima Fricassee
Fukushima Fricassee's picture

Emphases

on "cocksucker"

Thu, 03/26/2015 - 16:40 | 5930995 Callz d Ballz
Callz d Ballz's picture

From a guy who hasn't even ran a popsicle stand. 

 

Thu, 03/26/2015 - 16:52 | 5931067 AcidRastaHead
AcidRastaHead's picture

With near unlimited dividends and share repurchases, no one has to 'run' companies anymore.

Thu, 03/26/2015 - 16:43 | 5930996 koncaswatch
koncaswatch's picture

WTF he says the deficit came down two thirds while he's been in office? Where did that number come from?

edit: Oh, the budget deficit; what about the debt and debt:GDP!

Thu, 03/26/2015 - 16:47 | 5931042 Callz d Ballz
Callz d Ballz's picture

More of the bullshit accounting gimmitry they like to spout off.  This is referring to the "caps" that they passed back in 2011 that simply reduced the amount of automatic increases in spending.  So in other words, "they" brag about not spending as much as they could have... so fucking stupid.

Thu, 03/26/2015 - 16:50 | 5931056 replaceme
replaceme's picture

Without looking, knowing it's 450 - he has not started, right?

Thu, 03/26/2015 - 17:05 | 5931133 Armed Resistance
Armed Resistance's picture

2+2=5

Thu, 03/26/2015 - 17:10 | 5931157 swass
swass's picture

"The fundamentals of the economy are strong"

Where have we heard all this before???.. seems like Deja vu.

Thu, 03/26/2015 - 17:10 | 5931159 ucde
ucde's picture

No comments section on the YouTube video, typical. They are probably somehow protecting our interests by not letting us comment on the video. 

In point of fact, they know us internet crazies would tear that sh1t up. If they allowed comments it would be a f*cking free for all, truthers and more truthers. 

yeah yeah, god bless this ongoing economic miracle, its so awesome, that a friend's friend just committed suicide last year over his inability to repay his debts. That's just another sign telling me I live in the best country on earth!

Thu, 03/26/2015 - 17:14 | 5931175 SmedleyButlersGhost
SmedleyButlersGhost's picture

I usually don't watch this guy figuring why bother. But I did watch the clip and enjoyed it very much. After some of yesterday and todays shit on Ukraine and Yemen, you kind of figure fuk it, the banksters and their stooges are on top and it won't change til it does change so why waste the effort. But then this lying sack of shit looks us in the eye and says .... whatever lie you want to relate. Then I remembered

Don't do anything by half. If you love someone, love them with all your soul. When you go to work, work your ass off. When you hate someone, hate them til it hurts - Henry Rollins.

I hate this/these guys and am thankful for them giving me back the edge.

Thu, 03/26/2015 - 19:07 | 5931180 justmy2cents
justmy2cents's picture

Like most, I have friends with mortgages/home-loans they are 20 to 40 year loans - they don't realise how much change can happen in 10 years let alone 20 or 40.

They all work jobs they think are secure - they aren't - typical blue pill types. I can already visualise their futures of complete debt servitude maybe even having their property foreclosed on them even when they are keeping up with repayments. This will break them.

So if the economy is so great why not raise rates?

If the old saying that the market works on 'Maximum Pain' theory is true then it sure is working well because the vast majority of people are going to be going hungry in the not to distant future.

Crispin Odey said this next downturn will be remembered in a hundred years - I think he's 100% right.

Thu, 03/26/2015 - 17:24 | 5931219 Panic Mode
Panic Mode's picture

I would love to see how those sheep supporters behind him survive when the SHTF.

Thu, 03/26/2015 - 17:31 | 5931247 kchrisc
kchrisc's picture

Here is the wordcloud of his speech:

Lies, Bullshit

The banksters need to repay us.

 

"They lie about everything. Why would they lie about this?!"

Thu, 03/26/2015 - 18:02 | 5931368 davidalan1
davidalan1's picture

To THIS day I cannot fathom the POTUS repeatedly saying

"IF you like your doctor you can..."

and all the lies that followed and he is still in office...

Thu, 03/26/2015 - 18:09 | 5931395 TheAnswerIs42
TheAnswerIs42's picture

One of the most frightening things about the Obamo UTube is the unadulterated adulation from the brainwashed student audience.

Ask them again in 10 years.

"I want to bring down the cost of community college to zero".

"I", "I", "I", "I","I", "I", "I"...

Utter BS.

 

 

Thu, 03/26/2015 - 18:17 | 5931425 pupdog1
pupdog1's picture

As long as each member of congress gets their manila envelopes on time, none will do his job as a statesman and question whether this guy is actually playing with a full deck.

Thu, 03/26/2015 - 18:17 | 5931428 Condition 1SQ
Condition 1SQ's picture

Hell yes it's great .. for the 0.001%

Thu, 03/26/2015 - 18:37 | 5931524 foodstampbarry
foodstampbarry's picture

Fuck I hate this guy.

Thu, 03/26/2015 - 18:52 | 5931582 Automatic Choke
Automatic Choke's picture

The amusing thing is that all my "unthinking liberal" friends on facebook keep posting these canned messages about how great Obama is and how wonderful the economy is and how idiotic the big bad republicans are....full kool-aid.  These are not all uneducated mouth-breathers, either.....

Thu, 03/26/2015 - 19:30 | 5931711 orangegeek
orangegeek's picture

fuck off and die barry

 

you too yellen

Thu, 03/26/2015 - 19:31 | 5931713 DonGenaro
DonGenaro's picture

I literally question the sanity of anyone who can bear
to even look at this thing, let alone *listen* to it

Thu, 03/26/2015 - 19:38 | 5931750 MasterControl
MasterControl's picture

Progressive love the stock market.  They use it to convince us everythinbg is cool while they tear us apart.

Thu, 03/26/2015 - 19:57 | 5931815 q99x2
q99x2's picture

Arrest that traitor for serving the NWO He doesn't work for the United States of America. Prosecute him for treason.

Thu, 03/26/2015 - 20:15 | 5931874 Mr. Bystander
Mr. Bystander's picture

What's really sad is that anyone even watches the news on TV anymore.

Thu, 03/26/2015 - 20:29 | 5931920 rsnoble
rsnoble's picture

Fucking sack of discarded shit liar.

Thu, 03/26/2015 - 23:19 | 5932457 Magooo
Magooo's picture

Or, he could call a press conference and actually tell the truth --- which is that WE ARE FUCKED.

 

THE PERFECT STORM (see p. 59 onwards)

The economy is a surplus energy equation, not a monetary one, and growth in output (and in the global population) since the Industrial Revolution has resulted from the harnessing of ever-greater quantities of energy. But the critical relationship between energy production and the energy cost of extraction is now deteriorating so rapidly that the economy as we have known it for more than two centuries is beginning to unravel. http://ftalphaville.ft.com/files/2013/01/Perfect-Storm-LR.pdf

 

Imagine if Obama explained that we have run out of cheap to extract oil --- that QE ZIRP and all this other bullshit has been a last desperate attempt to delay the total collapse of civilization and that without it we would all be dead years ago.

 

He could finish with --- you want the truth --- well there it is mother fuckers.    Now shut your fucking holes and stop moaning and wailing about how the rich are getting richer.  Because the rich will be just as fucked as everyone else when this unravels.

Thu, 03/26/2015 - 23:54 | 5932545 sbenard
sbenard's picture

The Deceiver in Chief!

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