This page has been archived and commenting is disabled.
Did POTUS Just Become A Self-Congratulatory FT Op-Ed Blogger?
While we have become used to the most 'important' thinkers, book-talkers, and self-aggrandizers gracing the pages of various mainstream media outlets with op-eds, we were somewhat surprised when the FT posted Barack Obama as El-Erian's replacement this evening. His thoughtful prose provides little of substance but does highlight the fact that self-hypnosis and surrounding one-self with a willing crowd of yay-sayers can make any disaster seem soluble. Presented with no snark, we suspect readers will enjoy his perspective on saving the world, on making austere domestic plans create jobs in a balance sheet recession (our wording), and the obvious jab at the Chinese.
Via The Financial Times:
A Firewall To Stop Europe's Crisis Spreading (we have to admit there is very little in here related to the subject??)
by Barack Obama
When leaders of the largest economies meet next week in France, our citizens will be watching for the same sense of common purpose that allowed us to rescue the global economy two years ago from a financial crisis that was sparked by years of irresponsibility.
Because of the co-ordinated action the G20 took then, the global economy began to grow again. Emerging economies rebounded. In the US, we’ve had 19 straight months of private sector job growth and added more than 2.5m private sector jobs.
Still, progress has not come fast enough and today the global recovery remains fragile. Around the world, hundreds of millions of people are unemployed. Disruptions in oil supplies, the tragic earthquake in Japan, and Europe’s financial crisis have contributed to the slowdown. Emerging economies have begun to slow. Global demand is weakening.
Our challenge is clear. We must stay focused on the strong, sustainable and balanced growth that boosts global demand and creates jobs and opportunity for our people. This requires action in several areas.
First, as the world’s largest economy, the US will continue to lead. The single most effective thing we can do to get the global economy growing faster is to get the US economy growing faster. That’s why my highest priority is putting Americans back to work. It’s why I’ve proposed the American Jobs Act, which independent economists have said would create nearly 2m jobs, boost demand and increase US economic growth. It’s why I signed landmark trade agreements with South Korea, Colombia and Panama to create jobs, keep us on track to double our exports and preserve American competitiveness.
At the same time, we’re building on the nearly $1,000bn in spending cuts agreed this summer. I’ve put forward a comprehensive and balanced plan to substantially reduce our deficit over the next few years in a way that does not hamper the current recovery and that lays the foundation for future growth.
Second, the crisis in Europe must be resolved as quickly as possible. This week, our European allies made important progress on a strategy to restore confidence in European financial markets, laying a critical foundation on which to build.
Given the scope of the challenge and the threat to the global economy, it is important for all of us that this strategy be implemented successfully – including building a credible firewall that prevents the crisis from spreading, strengthening European banks, charting a sustainable path for Greece and tackling the structural issues at the heart of the current crisis.
The European Union is America’s single largest economic partner and a critical anchor of the global economy. I am confident that Europe has the financial and economic capacity to meet this challenge, and the US will continue to support our European partners as they work to resolve this crisis.
Third, each nation must do its part to ensure that global growth is balanced and sustainable so we avoid slipping into old imbalances. For some countries, this means confronting their own fiscal challenges. For countries with large surpluses, it means taking additional steps to support growth. For export-oriented economies, it means working to boost domestic demand. A critical tool for accelerating that shift is greater flexibility in exchange rates, including exchange rates that are market-driven.
Avoiding old imbalances also means moving ahead with financial reforms that can help prevent another financial crisis. In the US, we’re implementing the strongest reforms since the Great Depression. Across the G20, we need to make sure banks maintain the capital they need to withstand shocks, and there needs to be greater oversight and transparency to avoid excessive risks, especially with regard to derivatives.
Finally, the G20 nations must deepen co-operation on the range of global challenges that affect our shared prosperity. We need to move ahead with our commitment to phase out subsidies for fossil fuels and transition to 21st-century clean-energy economies. As we promote the development that gives nations a path out of poverty, we can focus on the infrastructure, finance and good governance that unleash growth. Even as we work to save lives from the drought and famine in the Horn of Africa, we need to continue investing in the food security and agricultural productivity that make future famines less likely and communities more self-sufficient.
When we met in London two years ago, we knew that putting the global economy on the path to recovery would be neither easy nor quick. But together, we forged a response that pulled the global economy back from the brink of catastrophe. That’s the leadership we’ve demonstrated before. That’s the leadership we need now – to sustain economic recovery and put people back to work, in our own countries and around the world.
The writer is US president
»
- 11803 reads
- Printer-friendly version
- Send to friend
- advertisements -
Bleeeeha!
How's that for my first post
Spot on.
Teletyper in Chief?
yeah, what is this trash? It's a fucking generic, recycled photo-op speech. Complete tripe
Don't be so hard on tripe.
They need to call in the IT people and change Bernanke's printer settings. When he Ctrl-P'd that one, it went to FT instead of the Teleprompter....
Jesus H. Christ, THIS is nineteen months of job growth with 2.5 millions jobs added? We are so fucked....
Fringe blogger
That's tripeist.
Hillary's Madness Caught on Tape!
Apologies for OT but could everyone make this video viral.
Hillary Clinton on Gadaffi: We Came. We Saw. He Died!
http://www.youtube.com/watch?v=Fgcd1ghag5Y
Damn. You are putting Hill on trial right now? We already convicted her as being a horrible wench. But fair enough, she deserves the world to see how she wiggles with pleasure at the mention of death again and again.
Note, her play, that script, is to inundate housewives everywhere into thinking death (and most accurately, murder) is good, so they too act out Hill's role (and not just women but squirely men, too). It is not just the rhetoric the illuminatti is trying to implement, but the mindset. Remember that- they are implementing the mindset to think in the way of the death cult.
Scull and Bones, bitchez.
He's not the POTUS or even the TOTUS. He's the MICOTUS. Murdurer In Chief.
http://www.youtube.com/watch?v=XQNwFouCNlA
Hail to the Chief!
He forgot to say, pass my bowl of peas now!!!
Freeing the shit out of people! YAYAYYYAY!!!!
http://www.youtube.com/watch?v=dYZtAVMR-B4
Or perhaps, Heil to the Chief?
I suspect Obama has merely lost touch with his younger self. One of the rare examples of his writing comes from his stint at Columbia U. In the university's Sundial magazine, dated March 10, 1983, there appears an article "by Barack Obama" titled "Breaking the War Mentality". Buried in the text he chides then-president Reagan about the pace of negotiations with the Soviets regarding nuclear weapons: "By being intransigent, Reagan is playing directly into the Russians' hands". Aside from his being wrong in that assessment, it is clear that Obama is now trying to follow the Reagan playbook, sending troops to Libya, Uganda and who knows where else. If liberating Grenada was good, killing Gaddafi is better must have been his reasoning. Obama also has one-upped Reagan on intransigence with his my-way-or-the-highway attitude when addressing Republicans.
http://www.politico.com/pdf/PPM116_obamaessay.pdf
Perhaps he can write a new article, "Implementing the War Mentality", explaining how things are different when one has the power.
Did you see the FUPA on her... nasty. Crap, hope she don't wack me.
I believe her and Bill said the same thing about all those children they burned to death, I mean saved at Waco..
Bill got so excited when he walked in on J Reno and Hill that he let her do the Davidians too.
No worries, Hillary is going to take us to war with China and save our economy.
Tripel score for you!
And in comes Helicopter Ben with QE3 to "Help Sure Up The Global Recovery" after "Europe's Rescue of the European Union".
This A-Hole (potus) needs a new supplier for his dope.....the shit he's doing now is fucking him up!!
Pretty shitty 1st post ...
But what think ye of the editorial?
What? Is he scared to write the word trillion? Shit, he didn't even have the balls to spell the word billion. What a pussy.
Pussy Brit ghost writer. They say things like thousand million and underground for subway. Don't speak a whud of English;)
So maybe Obama's days working for the MI-6/CIA after college while with Kissenger Associates are catching up with him?
no...The One didn't actually write it. Or it was heavily 'edited'
NeO doesn't write the shit he SAYS every day, why would he write the shit he writes either?
Doesn't he have to do something sometime? To prove to himself he deserves th job? Or do you really think he is Nero?
I understand why they have him speak plainly, so that the dumb people can repeat his jibberish, but wouldn't they have him write at least proper?
Now he's progressed from "lying when his lips are moving" to "lying when his typing finger is moving"!
(Or, more accurately, now publishing lies written by his handlers rather than just reading lies written by his handlers).
WTF!!
Psychopath President
I don't think he is incorrect. Job growth has been exceedingly slow but nevertheless continuous since a couple of months after he took office. The stock market also bottomed in March 2009, a couple of months after he took office. You can question whether it is sustainable, whether it is as good as we would have had if we tried other things, but you fricken can't call it a lie.
I think you meant to have your drink in the other saloon.
So, they were right: There is one born every minute!
Have you looked at the shadowstats.com unemployment figures recently? (or ever?). http://www.shadowstats.com/alternate_data/unemployment-charts
They report unemployment without hedonic adjustments (the bullshit factor), seasonal adjustments (made up 'balancing items') or other fudges ('the dog ate my homework' new criteria for deleting more from the count). They compare apples (those counted decades ago) with apples (those counted today).
They show not only that total unemployment has risen since 1Q2008, but that private payrolls have waterfalled down since then.
So, I fricken well can, and fricken well do, call it a fricken bald-faced lie! And so should you....
The crickets are deafening, had to break the silence. I doubt you will get a response to your sensible post.
There was one interview with the almighty O - I thought it was so surreal. Because O went on and on how about people are disappointed by politicans in DC and stuff like that. He sounded not like he was the president of your country, just a bystander.
Funny and sad to watch this. People here in Germany were also high on hopium. They would have elected the O here too. It was almost like a hysteria. Makes you think. But it confirms that Germans are still looking to America for guidance.
Maybe the Germans liked Obama because he speaks Austrian so well. As far as I can tell, he makes just as much sense in that language as he does in English/American.
Obama work? no, that doesnt sound right.
Interesting, learnt to say for example a quarter of a
million rather than two hundred & fifty thousand - sounds more substantial. Same gig here? Bazboy playing down the numbers...
Did you enjoy Lima?
Gmail me at my name Freebird!
A liberated landing shortly ...tx Do
Lima? Yes & the author here reminds me of a lot of animals there chewing grass & shitting with reckless abandon...
.
Lol. Awesome. A thousand to the fourth power bailout package. He's right. It does sound like less.
He's a DICK-tator, not a pussy. Women fought men for the right to vote.
In a single word:
TERRIBLE!!!!
The root of this word is 'terror' and quite appropriate as such.
How can any thinking person in the US of A possibly consider voting for a president? How many obamas, bushes, clintons, reagans do we have to see before walking away from what passes as democracy in the US???
The editorial saddens me more than angers me----over and over, day after day the same old same old, and we still find it funny
WOW!!! omj
Get me a bucket. i need to vomit...
His writing is worse than an eight grader's.
It is the only way it accessible to the 99%.
His speaches were enough of a communique. Penmenship lasts forever. This is his first op-ed, right? How many speeches has he given? The speeches will get lost in the annals of history, but this will stand alone; glaringly alone.
I learn so much on this site. From Mr Lennon Hendrix I learned that Obama has lost his speeches up History's ass. Do you have to go to the ER to dig that out, or is it best to just leave it there? I know history does not like it, but it is kind of used to being butt raped given that the victor gets to write it and all...
;-)
There is one speech that always will be remembered with Kaiser Wilhelm II. - Die Hunnenrede (Hun Speech). We still laugh about that one.
"Should you encounter the enemy, he will be defeated! No quarter will be given! Prisoners will not be taken! Whoever falls into your hands is forfeited. Just as a thousand years ago the Huns under their King Attila made a name for themselves, one that even today makes them seem mighty in history and legend, may the name German be affirmed by you in such a way in China that no Chinese will ever again dare to look cross-eyed at a German."
Hilarious.
What stands glaringly alone is his failure to release grades or writings of HIS from his college days. You would think he would be proud of papers written as president of the Harvard review not a one of them has seen the light of day and where are his grades.. Imposter, fabian marinated in a soup of African post colonialism and white guilt..
And he married chewbacca, his judgement is in serious doubt..
@ cocoablini,
Yeah I here re nausea... I was just barely able to hold back dinner. Maybe a drink will help.
Last nights gun thread was predicted to get 1000 replies, it fell well short. Perhaps THIS ONE will get 1000, it sure will sicken over 1000 readers...
My bad, Bearing.
I'm prone to irrational exuberance when it comes to the three B's, three G's, or three S's.
The last one being shoot, shovel, and shut up...
Do, this gunsmith thought better of replying, it might have sounded like boasting or attracted the wrong sort of attention. Anyone who should know already does.
Enough of that Shi'ite, or I will aim my Neutron Phaser your way! Or fling a steel ball...
Me too cocoablini
I cannot listen,watch,read or even look at this moron puppet without this feeling.
Why is POTUS campaigning in Europe?
I guess the missing teleprompter has turned up overseas.
Just in: Verfassungsgericht stoppt Geheimgremium zur Euro-Rettung / Constitutional Court stops secret committee to rescue €
http://www.spiegel.de/politik/deutschland/0,1518,794537,00.html
---
I wish the SCOTUS would be as diligent in upholding the U.S. Constitution as written.
Thought:
Reading what the president wrote reminds me of a movie scene from HBO's Too Big To Fail. It's the scene where Fed summons everyone in for the big bailout meeting, and Christopher Cox, the impotent SEC chairman, gives this stupid speech about how all America will "cheer" if the bankers put up money to bail out Lehman.
The bankers laugh at Chris Cox. And that is akin to Obama's stupid blog posting. Bankers laughing at it.
In the movie, Hank Paulson interrupts the impotent Cox and says to the bankers, you either help me with a bailout or Lehman will ruin every last one of you. Bankers stop laughing.
Obama has no idea how to deal with these goddamn bankers. How could Obama be so good dealing with Osama, yet so bad with the bankers? $?
The TSA will be reading all comments, recording the IP addresses of any snarky comments, warrantlessly wiretapping you, seizing your bank and medical records and keeping your freedom-hating punk asses in line!
In other words, kick the can down the road some more?
Start burning your files Mr. Snarky Comment. By tomorrow the TSA will have groped your family, seen your daughter naked, and sent you fake vacation vouchers for Tennessee so you will foolishly drive there so they can randomly inspect your vehicle all in the name of protecting you! HA HA HA HA HA! As they say: IN ORDER TO PROTECT YOUR FREEDOMS WE MUST DESTROY ALL OF THEM!
The punk ass pervs and theives at TSA monitoring WE THE PEOPLE like the Nazis, ... See your papers pleeeze. POLICE STATE and the goons and fat morons who can't get employment anywhere else go to TSA. NEVER engage in "conversation" and NEVER answer ANY questions posed by the goon squad.
Removing the middleman. Thank god I decided not to go into journalism!
So the FT's brilliant idea of restoring credibility is this?
What next, mandatory friending for all of facebook?
Two Minutes Hate?
pods
Nice to see he can lie as deftly in print as while speaking.
We have always been at war with Eastasia.
no...Eurasia fooled us into thinking that during our rage week against Eastasia. We've always been at war with Eurasia
War is inbred amongst all parties involved at this point. It's pathetic. There are no heroes anymore. No winners, no losers. It's just war all over this whole planet, and like a virus that kills the host, we are killing our humanity.
At least they're killing us softly with his (siren) song....
There never were any heroes.
The internet shines "light" on all contemporary would-be heroes and reveals them for what they are. If we didn't have the internet today, there'd be plenty of "heroes" running around.
"killing our humanity"?
Uh, we never had any to begin with.
The writer?
Where is the evidence that Barry has ever written anything, except perhaps his own birth certificate?
WHO IS THE MORON WHO JUNKED YOU?
Isn't ZH where people are supposed to be awake? No one over the age of six thinks his released 'birth certificate' is genuine. Bin Laden's 'death' three days after the release changed the subject. Just ask the SEALS who were on the mission. Oops, can't do that - they're all dead. Just a coincidence.
Since you brought it up, it pissed me off when they shot silver the same day. It must have been a fine day for them.
I guess I'm a naive little flower. Within two hours of the release of the fake birth certificate (it's fake, do a little research if yuou doubt it) I was at Walmart buying $600 in canned food etc. I thought, "Wow. This guy just committed a felony on national TV, with a document that is clearly fraudulent. Something's coming down."
Little did I know that the slavish media just needed a little distraction - proof that there are 'more important' issues. The media is criminally negligent.
Myself having been "junked" today, I can only assume there's a serial junker trolling these parts.
Barry Soetaro and TSA trolls junked him.
stfu fool: I'll junk you just because you give a shit about some stupid ass arrow system.
No doubt his golf card is also a tissue of lies. But only Dick Cheney could get away with questioning it (as long as he remembers to bring his shotgun along).
Jen anniston just got married.. this should bid the market up 20 more ES points.. - check this pic - http://hedge.ly/gFWVSm
I love a crisp fall day.
Pointus maximus;)
Japanese strike.
Yum.
fuck this guy.........
I've heard enough from him,
To quote his own slogan
Time for change
November 2012 can't come soon enough. Well, I guess. Almost ANYONE would be better than this guy.
Does he believe himself when he talks in front of the mirror?
I don't think any of the Repubs would be better, except for the obvious.....
BACHMAN!
Just kidding ;)
Turd Ferguson/DoChenRolingBearing Republican Ticket '12
I will serve as Secretary of Truth and the mastermind behind the scenes who tells you what to say
Fine, but we are paying you in silver. Hope you can handle that.
ok, but in 30 piece increments
Agreed. You will be paid once a year.
@ Mr Lennon
Ugh, I would die in a suit (and I spent some time in DC, in a part of the belly of the beast), but Turd Ferguson seems better qualified than almost all the dopes now running.
Back here at the Owebama thread just having read Cognitive Dissonance's latest, I am sort of suffering a case of mental jetlag, the Bends...
And then, when you think it can't possibly get any worse...
Good observation, very astute. Things CAN always get worse.
I can't get your green arrow to work, so please accept a "+ 1" in writing.
I greened yours, since I couldn't do it to the above either.
A respectable US president would cut off trade with Europe and China.
A respectable President would ask Americans why they buy so much crap from China in the first place.
"Respectable President"? I'm unfamiliar with this concept. Please explain.
Back before time itself, God said, I will make man from my own image......
So God lied too!
God weighs thin, manifestation weighs heavily.
Ahhh - a fable. Understood. 8P
LOL!
From outside there's no difference at all between Bush and Obama. Why do you guys vote again?
Pays for his prostitutes with his own money? Oh wait he stole that from us. Never mind.
True, but presidents are not teachers. Perhaps after cutting off trade he could make it required that students learn why they can't buy Chinese crap in school.
So they can have cancer from the lead toys?
Why should people be presided by someone?
I see your extreme point, but high import tarriff would suffice.
"But, in general, the protective system of our day is conservative, while the free trade system is destructive. It breaks up old nationalities and pushes the antagonism of the proletariat and the bourgeoisie to the extreme point. In a word, the free trade system hastens the social revolution. It is in this revolutionary sense alone, gentlemen, that I vote in favor of free trade." (Karl Marx, Discours sur la question du libre échange, Brussels, February 1848; this English rendering is found in Florence Wischnewetzky's 1888 translation on page 42. )
Whew. Ok, where do I start.
Um, in summary...he's a moron.
Poll after poll tells us what's really important. His job approval is low, but a majority of people _like him personally_. WTF. WWWWTTTTFFFF? I don't get it. Are people afraid to tell pollsters what an obvious snake he is?
If they're smart. (Poll results are also processed by DHS ... just to keep them ... err, I mean, you ... safe, of course).
from yourself from yourself from yourself
Do not forget it's for your own good
from yourself from yourself from yourself
Your Federal Family is Here With You to Protect You
from yourself for your own good
for your own good
You are safe because of us, your federal family
easy there barry, dont want you to hurt your boney ass back
You know he can see the train in the tunnel and is positioning himself to blame Europe for the conflagration we are about to witness.
Pay no attention to the man behind the Op-Ed.
MillionDollarBonus got a new gig.....
Maybe he rehearsed on us before writing the above, good catch.
"our citizens will be watching for the same sense of common purpose that allowed us to rescue the global economy two years ago from a financial crisis" that's really good!
Hahaha...exactly
First, as the world’s largest economy, the US will continue to lead. The single most effective thing we can do to get the global economy growing faster is to get the US economy growing faster. That’s why my highest priority is putting Americans back to work. It’s why I’ve proposed the American Jobs Act, which independent economists have said would create nearly 2m jobs, boost demand and increase US economic growth. It’s why I signed landmark trade agreements with South Korea, Colombia and Panama to create jobs, keep us on track to double our exports and preserve American competitiveness.
Thats why he has done nothing except blow a few trillion saving his benefactors' kiesters and the unemployment rate is stuck at u3 10% and u6 19%. Unbelievable distortion field he is in- or maybe he is smoking again. But this time its weed...
You need to put quote marks around excerpts. I read this like it was something you wrote. After the first sentence I was thinking, "What is this gibberish, and who is this clown?"
he "said" that we've had 19 months of job growth? WTF shit is he smoking? All the data shows labor force participation at 50-year lows and even the headline UE number hasn't gone down an inch even as massive numbers fall off the edge of the 99-week earth
You will have to excuse that part. Joe Biden edited the final draft.
That explains the drool stains.
What? Biden has drool stains on a dress?
Easy Trav. Do you want to wind up on another 'naughty' list?
Repeat after me, "What wonderful clothes, your Majesty!"
Jive-ass mutherfucker.
Seriously, because of the NBA lockout we get this? Oh nevermind, he didn't write it anyway...
For someone who attended an Ivy League school he says "We gotta" alot.
The funny thing about Obama is...
*chirpping*, *chirpping*
is that he's not at all funny. He's a bore.
He convinces people he's a good speaker that delivers clear messages well. Now he's convincing.. uhhhhhhh.. whoever is reading his article or whoever it's directed to.. that he's also an excellent writer!
***Sigh***.. When will we ever get an economically literate president...
Che'ange and Hopium global tax millenium charter.
Obama booo sheeet. Like he and his economic clown posse have a clue beyond chiming that we need to print more dollars and spend more.
And where the F did he create 2.5 million jobs if the percentage of employed is at 1984 levels?
He must be counting can collectors.
Or all 57 states
Or other soldiers of the middle class.
When he steals a trillion dollars from our kids and spends it to keep useless bureaucrats sitting on their asses, it's called 'job creation'. The media's kneepads must be wearing thin by now. I guess they're silent about it all because they have a mouthful.
MSM has a tremendous problem. They know that they're looked upon as a bunch of doltish official King's Criers whose reign has been superceeded by the Internet Reformation. But having been caught in their own lies, they've become paralyzed, unable to reform.
They've made themselves obsolete via content, not the media which they so wish to believe.
Thus, their only source of power and influence has been whittled down to the very entity which destroyed them, DC itself.
They speak to themselves.
Is sycophant a job category?
There are 535 positions at one place I know. Huge interest in the jobs, very hard to get.
Looks like ol' Barry gone an' switched his campaign speech with his financial analysis. Then again, they're interchangeable and both hold the same amount of substance.
Alla Barry's fanbois that post here will be having tardgasms whilst reading the above drivel. Looking forward to posts that read something like: "Z'obama iz teh monie wizurd -he noes teh shit rell gud!".
The sole reason he wrote this was because he had to pen something before this wave of the Mayan calender ends, which is tomorrow.
Hmmm ... was never aware of that before. Thanks. It prompted me to do some googling and I found this interesing summary:
One can't help but wonder who started the belief in 12-21-2012? ... and when? ... and for what reason? (I think I know the reason ... now to google for the rest).
The next wave of the long calendar, the Mayan Calendar, begins on December 21st, 2012. The time between tomorrow and Dec 2012 is known as the period of no time, or the void period. It is a period for an opening, repentence, what have you.
Well, I don't see repentance coming from the Luciferians-In-Charge ... so the "opening" of the FEMA kamps it must be!
At least i wont have to dryclean shirts for the office much longer. I need a bunk facing north-south though , i like to be aligned to the magnetic poles when i sleep.
Since he is not expected to write any better after tomorrow, are you in fact implying it is not going to be any better for all of us, as indicated by the end of Mayan calender.
Hummmmmm.
Thanks for sharing.
"tardgasms", well done Ms. Erable! I will have to find a way to slip that one into my next political conversation...
Amazing the things you can learn here at the Hedge!