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Guest Post: Obama - The Wimpy President

Tyler Durden's picture




 

Submitted by Jim Quinn of The Burning Platform

Guest Post: Obama - The Wimpy President

 

 

 ”I’ll gladly pay you Tuesday for a hamburger today.”Wimpy from the Popeye comic

Wimpy was a glutton, and would consume burgers at a ferocious rate but could rarely pay for his habit. The phrase implies the underlying feeling that the person will unlikely actually pay for the hamburger (or whatever) on Tuesday (or ever, for that matter). Does that describe the United States of America in general and specifically our Keynesian President Barack Obama?

Obama’s speech tomorrow night is no longer a secret. For whatever reason, the White House purposely leaks the major themes of the speech. Based on the Bloomberg article below I’d say my article from two weeks ago anticipating Obama’s plan is about 99% on the mark (http://www.theburningplatform.com/?p=20378).

How stupid and gullible can the American people be? One month ago Obama signed a supposed $2.1 Trillion deficit cutting bill over ten years with 60% of the identified cuts between 2018 and 2021 (TUESDAY). A full 1% of the total cuts ($21 billion) were slated for 2012. The left wing libtards screamed like a stuck pig about these horrific cuts that would destroy the American economy and starve orphans and old people. Paul Krugman’s head started to spin and green vomit was projected all over the NYT press office.

Well our cost cutting, spending focused, deficit hawk president (WIMPY) held the line on spending for exactly 30 days. He is asking for $300 billion of burgers for 2012 and he promises to pay for them at some time in the future (after his hoped for 2nd term is up in 2016). The balls on this guy are immense. Not only that, but its the same bullshit he’s been peddling for two and a half years.

  • Extend the payroll tax cut
  • Extend unemployment benefits
  • Send billions to the states so they don’t have to get their budgets to balance
  • Pour billions into “shovel ready” infrastructure projects that don’t exist

The Democrats tell us that Social Security is a secure program that is fully funded even though the Trustees report on the fund shows a $17.5 trillion unfunded liability. Obama cut the Social Security tax from 6.2% to 4.2% at the beginning of this year. This was supposed to give a huge boost to the economy. How’d the work out? But I thought the 6.2% we paid was supposed to fund our retirements. In reality, Obama’s plan is like having you reduce your 401k contribution from 6.2% to 4.2% and telling you your income just increased. Obamanistas and Keynesians are only worried about today. Screw the future. Obama will be out of office, writing memoirs, and doing the talking circuit, earning millions, when the implications of his brilliant plans destroy the country.

How many times can they extend unemployment benefits? The extension of unemployment benefits keeps the unemployment rate from falling. That is a fact. The Federal Reserve did a study and concluded that extending unemployment compensation added 1% to the unemployment rate.

A Chicago Federal Reserve study suggests that the extension of unemployment insurance benefits during the recent economic downturn can account for somewhere in the neighborhood of 1 percentage point of the increase in the unemployment rate, with a preferred estimate of 0.8 percentage points.

So, in a Keynesian mind, extending unemployment benefits somehow creates jobs even though scientific data proves that people don’t look for work until their benefits are about to run out. Do we live in bizarro world?

The infrastructure bullshit is all about getting union votes in the next election. You can bet that any money distributed by the Obamanistas for infrastructure will go to the districts that will be most important to his re-election in 2012. This will be nothing but pork. Black topping roads and building parks and fixing schools that should have been fixed ten years ago is not infrastructure. The sewer pipes and water pipes beneath our cities are crumbling, but repairing and replacing pipes isn’t sexy enough for Obama and his Keynesians. They will continue to burst while the money is spent on green energy bullshit projects. The electrical grid will be ignored because no one votes for you because you make a good long-term investment. A tot lot or train museum named after your Congressman is what you’ll get.

But don’t you worry. Obama will pay you next Tuesday for the $300 billion of spending he’ll do today. 

 

 

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Wed, 09/07/2011 - 18:04 | 1643767 nope-1004
nope-1004's picture

Change we can bereave in.

 

Wed, 09/07/2011 - 18:07 | 1643777 runlevel
runlevel's picture

beautiful.

Wed, 09/07/2011 - 18:08 | 1643784 redpill
redpill's picture

(Sharks with freakin') laser focus on jobs!

Wed, 09/07/2011 - 18:32 | 1643871 MillionDollarBonus_
MillionDollarBonus_'s picture

President Obama really needs to seize the moment and announce something big. I suggest he could introduce a large fiscal stimulus program with a slight variation on the previous attempts. One idea would be to offer a tax break for throwing out old electrical appliances like TVs and washing machines, and buying new ones. This will boost the economy by encouraging consumption, and its also good for the environment because modern electrical appliances are more energy-efficient. The tax break could be conditional on buying the equipment from a few selected US corporations to ensure that it stimulates only AMERICAN jobs. Just an idea.

Wed, 09/07/2011 - 18:35 | 1643888 duo
duo's picture

Better yet, bulldoze 5% of the homes in the country to "stabilize" house prices.  What could go wrong?

Wed, 09/07/2011 - 18:44 | 1643900 MillionDollarBonus_
MillionDollarBonus_'s picture

That is not necessary. House prices will rise if we simply stimulate aggregate demand. I would suggest some Krugman and Stigletz as background reading.

Wed, 09/07/2011 - 18:44 | 1643917 razorthin
razorthin's picture

Deflation and saving are good for everyone except the elites, ackward bassclown.

Thu, 09/08/2011 - 09:59 | 1644223 MachoMan
MachoMan's picture

It depends...  if you buy all the real assets on the way up, deflation offers an incredible stranglehold and barrier to socioeconomic mobility.  At this juncture, I'm not convinced at all that deflation is something to be desired by the common man...  it could quickly digress into something...  terrible.  It all depends on timing and what happened in the run-up and what happens everywhere else.

However, I doubt we'll have the option to pick our poison...  not that inflation is any panacea for the morts...

Wed, 09/07/2011 - 18:45 | 1643921 Long-John-Silver
Long-John-Silver's picture

Stimulation is good for about 15 minutes and a smoke break.

Wed, 09/07/2011 - 19:00 | 1643962 Troll Magnet
Troll Magnet's picture

Sounds like my sex life.

Wed, 09/07/2011 - 19:24 | 1644013 wisefool
wisefool's picture

Sounds like my 66,666 pages taxes code.

Did I really enunciated the hisses?

Wisefool-Back to the cave.

Wed, 09/07/2011 - 19:49 | 1644066 JW n FL
JW n FL's picture

 

 

Obama is a Lobby Whore..

Obama has privatized more Public Housing in 4 years than Bush did in 8 Years..

This NON-Stop Sales Pitch that Obama does anything for anyone other than his Lobby Owners is a shield! that allows Obama to continue to Rob "We the People" without a Billion Dollar Lobby!

Wall Street Pushes this FAUX Exterior so that Obama can continue fucking over "We the People".

Dont Vote Cowards!

Post what Obama has done to re-distribute wealth! LOL!! NOTHING!!

Wed, 09/07/2011 - 23:36 | 1644779 JW n FL
JW n FL's picture

ACLU: Obama Continues Bush Abuses http://www.youtube.com/watch?v=EY0jsJEJ_mI&feature=

Wed, 09/07/2011 - 19:25 | 1644014 caconhma
caconhma's picture

Lady, you are just wonderful. It is one of the best comments on ZeroHedge.

PS

I wish I met you a long time ago.

 

Wed, 09/07/2011 - 19:39 | 1644042 Thomas
Thomas's picture

You have a sex life? That makes you a ZH standout.

BTW-MillionDollarBonus: Ignore the negative votes. You are a master.

Wed, 09/07/2011 - 20:05 | 1644097 Bendromeda Strain
Bendromeda Strain's picture

You obviously weren't exposed to enough Hamy the Magnificent.

Wed, 09/07/2011 - 21:02 | 1644277 MisterMousePotato
MisterMousePotato's picture

What's a "sex life?"

Wed, 09/07/2011 - 21:56 | 1644494 BenLightYear
BenLightYear's picture

What flavor was the kool aid they offered you?

Yeah stimulate the economy by creating no long term jobs, creating more debt and wasting energy. You guys are so smart

Wed, 09/07/2011 - 19:57 | 1644081 hunglow
hunglow's picture

You're cheating yourself.

Wed, 09/07/2011 - 19:02 | 1643960 Homey Da Clown
Homey Da Clown's picture

MDB, you're either here strictly to troll, or your last name rhymes with Hobama.  Either way, no one is buying your bullshit.

 

I bet that Million Dollar Bonus was from a gubment program.

Wed, 09/07/2011 - 19:15 | 1643991 BetTheHouse
BetTheHouse's picture

Relax.  I'm pretty sure it's satire, folks. 

Wed, 09/07/2011 - 19:40 | 1644045 Thomas
Thomas's picture

It's brilliant, relentless satire. It's satire that illuminates. It's...it's...Colbertian!

Wed, 09/07/2011 - 19:12 | 1643987 mfoste1
mfoste1's picture

WHY are you such a retarded cunt? your comments get junked to the fucking moon.....smart suggestion: never post here again!

Wed, 09/07/2011 - 19:20 | 1644006 Big Corked Boots
Big Corked Boots's picture

Why read Krugman, while we are living it?

Wed, 09/07/2011 - 19:28 | 1644021 I Am Not a Copp...
I Am Not a Copper Top's picture

I have to assume MDB is being sarcastic.  Please tell me you are being sarcastic?

Wed, 09/07/2011 - 19:49 | 1644064 DeadFred
DeadFred's picture

This guy's only been around eight weeks maybe he doesn't know how to indicate he's being sarcastic (Ihope). Otherwise he's a great lead in to what I was going to post.

"How stupid and gullible can the American people be?"

Really, really, really stupid.

Wed, 09/07/2011 - 21:21 | 1644349 CrimsonAvenger
CrimsonAvenger's picture

And I would suggest a 2x4 to the back of the head. It'll save you some time.

Wed, 09/07/2011 - 21:35 | 1644426 BenLightYear
BenLightYear's picture

Since no one else decided to reply to your Keynesian kool aid recipe i will give it a shot.

First of all I would like to spit in your face and kick you in the balls for your poorly understood perversion of Keynesian economics. Nowhere did Keynes write that a one time shot of productivity waste will do any good. Maybe it's time you go and read what he actually has written rather than pulling some half statements you saw in a post or overheard out your ass. He was quite clear in his theory for the govt boosting aggregate demand. It was anything but a one time money drop combined prematurely throwing away fruits of past productivity. For the govt to boost aggregate demand in a way that boosts the economy AND offers a retun it can not be a one time wham bam thank you maam act.

First the government needs to employ people in a position that allows them to feel as though they have a job in the indefinite short term future....ie 3-5 years. People buy beer with 3-6 months jobs and cars, appliances, houses, house remodelings, pools, vacations and such with long term employment outlook. No one is going to buy anything they don't need with a short term job. ( well at least in theory...nowadays I wouldn't be surprised if Obama sent out 20$ checks and folks tried to use them fo down payments on cars)

Once people feel they have secure employment they start making the purchases that are the basis for economic growth. The problem we have now at the moment is that even those with jobs are scared shitless because they see their neighbors who just a little while back were in same position and the only thing that is different is loss of job or a change of job with lower pay. Yes it is a big change but who the he'll makes 100k a year and can't survive for 6 months or a year after they lose their job. It is ok to save some money...long term it's good and healthy ( we are about to find out first hand what Japan would have looked like for the last 20 years had their citizens spent 105% of what they made.

Once people start feeling confident that things are going to be ok then slowly piece by piece the economy starts to get it's legs back and we start to grow again. Now that growth alone is going to seem small and slow. Not because it's not enough but because it is natural growth ie healthy sustainable growth not keynesiast bubble growth. For the last 2 decades of bubble growth we need the banks to start lending again. The majority of growth we have witnessed over the last 2 decades has been from credit growth. Personally I am fine with natural growth and let the dumb shits who spend more than they make ask for handouts on the highway by their house to pay for the 2 extra bedrooms no one uses.

Now in regards to your idea of the govt giving a rebate or refund for throwing out useable appliances and buying new I can't really stop laughing. The return you seem so excited about from energy savings is quite a bit less than the energy wasted. What I mean is that you are going to throw out working appliances that cost energy to produce and replace them with new ones that take energy to create to save energy. I assume you have never actually read any type of non fiction book let alone one on basic math or Econ ( it's not your fault most of us went to public schools) just some of us realized we were just as dumb as when we started so we kept on reading.

Then to top it all off your no job creating idea is gonna come with quite an ugly price tag. Well not for you but for your children. Maybe no one has noticed the actual playbook TPTB are using. If you ingrane shit in people's heads at an early age, constantly tell them that's the way it is then all you have to do is wait til the later generations die and everyone thinks the way things are are the way they are supposed to be. 2-3 generations away our grandchildren will be raised to think that trading your productivity to pay fo an odious debt acquired before they were even born is the way it's supposed to be.

If Obama wants to spur economic growth he can do 1 of 2 things. First he can have the fed buy all th bullshit sitting on the banks balance sheets and have Ben handle it in whatever way he see's fit....maybe call it MLAPCAP...multilateral assets purchase and cash allocation plan...basically Obama points to the printer in front of Ben and says let's see if you can work magic or if only elves like Orin an can and I'll replace your ass. Ben can then go about doing whatever the ghost of Econ past tells him to do. Then the banks can start creating credit out the wazoo and we can get the party started again.

The other option is a real jobs program. He could fund and subsidize that bs solar company from the last stimulus and nationwide put 8 solar panels on top of every house and 50 on top of every business. Would create over a decade of job growth and would pay for itself many times over. That is the type of program Keynes envisioned. Not some half ass refrigerator buying spree.

Yes I understand today's solar sucks...but so you think it would be the same shit if we sunk 15 years of growth and 4trillion dollars into it? I imagine the innovation would be quite extraordinary.

Keynes was not so much wrong as misunderstood. Keep in mind any keynesiast idea creates debt. So any idea must have a return on investment that totals the debt incurred plus interest...nationwide solar panels would and new toasters wouldn't.

Wed, 09/07/2011 - 21:58 | 1644500 nmewn
nmewn's picture

I stopped reading right here...

"For the govt to boost aggregate demand in a way that boosts the economy AND offers a retun it can not be a one time wham bam thank you maam act.

First the government needs to employ people in a position that allows them to feel as though they have a job in the indefinite short term future"

So, the presumption here is, if everyone were employed by the government the economy would soar for "the indefinite short term future".

Well, what the hell are company's waiting on?...surely its within the power of government to just nationalize all private industry...lol.

Keynes horseshit theory died in the 70's when stagflation and high unemployment took hold...you just weren't around to see or experience it kid.

Now run along and play with Krugman's apples.

Wed, 09/07/2011 - 22:20 | 1644563 BenLightYear
BenLightYear's picture

Subsidize not privatize

I must be dumb cause I'm not aware of the effect of a national jobs program has on INCREASING unemployment.

Wed, 09/07/2011 - 22:43 | 1644639 nmewn
nmewn's picture

I have no time for Keynesian apologist trolls.

"Subsidize not privatize"

Maybe someone else will find the time to subsidize you...I will not...as far as I'm concerned you can rot in your Keynesian hell bitch.

Wed, 09/07/2011 - 22:15 | 1644547 MnMark
MnMark's picture

First of all I would like to spit in your face and kick you in the balls for your poorly understood perversion of Keynesian economics. Nowhere did Keynes write that a one time shot of productivity waste will do any good. Maybe it's time you go and read what he actually has written rather than pulling some half statements you saw in a post or overheard out your ass.

And nowhere did Karl Marx write that those who disagreed with communism should be thrown in the gulag or a North Korean prison labor camp and worked to death...but that was the natural result of actually trying to implement communism.

And the natural result of trying to implement Keynes' policies in the real world is that people want all the government spending during the hard times but do not want to pay for it during the good times with tax increases and government surpluses stored for later.

So Keynes, whether he advocated what is now done in his name or not, is as responsible for it as Marx is for what communism has done to the world.  Keynes and Marx did not understand the real world or human nature well enough, and their well-meaning ideas when adopted by actual politicians in the actual real world cause disaster.

Someone may come up with a great theory about how people ought to be able to fly if they just jump off a building and flap their arms hard enough, but if you don't know enough about reality to see how that will turn out, don't be angry if people blame those who made the suggestion when someone is foolish enough to try it out.

Wed, 09/07/2011 - 22:33 | 1644604 BenLightYear
BenLightYear's picture

Your right...it's not the gang bangers fault that kid got shot in the drive by it's the gun makers....RESPONSIBILITY...did they take that word out of the English dictionary?

I would love for you to tell me how Keynes theories don't work. Not how they are not employed properly but how his actual theories don't work. I'll even be nice and let ya pick what theory or paper you want to use. Generally this would be admitting self defeat on my part however I doubt you can understand and point out his theories that actually wouldn't work. Not everything he wrote was right or applicable to our economy today so you can make me look stupid if your smart enough :)

Wed, 09/07/2011 - 22:18 | 1644555 Andre
Andre's picture

"First the government needs to employ people in a position that allows them to feel as though they have a job in the indefinite short term future..."

The government needs to employ all the people? So Keynes was a Marxist?

That might explain a few things.

The point I will give is the need to longer-term employment. Try raising a kid as a contractor. Not a happy thing. Friends? Heck, schooling? OMFG

The inability to form more than surface relationships is, IMO, a major social disadvantage.

Wed, 09/07/2011 - 22:27 | 1644587 Sgt.Sausage
Sgt.Sausage's picture

Here's the first fatal flaw in your above spewage:

"First the government needs to employ people in a position"

The government's legitimate purpose should have shit-all to do with jobs. Government doesn't create jobs. Folks actually employed by the government are leaches, sucking up your tax dollars for no legitimate return.

From there, your argument only gets worse.

Thu, 09/08/2011 - 00:35 | 1644924 BenLightYear
BenLightYear's picture

I should have stated at the beginning I am not pro Keynes or pro govt involvement.

Now if you can come up with a plan to keep the govt out I would love to hear it. Since the only way to get the govt out of it is revolution I'm taking the side of 2 lesser evils. I would prefer the govt to do the right thing under the wrong pretext than the wrong thing under the wrong pretext.

If you can convince the country to tell the govt to screw off than congrats to you. Instead of responding you should go write this wonderful moving speech that everyone is gonna turn off jersey shore to watch.

Since the govt is involved whether we like it or not ( something Keynes clearly understood) they might as well do the right thing. Keynes was as a % as right as most famous world changers. He wasn't always right and his theories had to be followed correctly and when outside factors changed the paradigm adapting correctly is necessary.

Personally I prefer an economy where the govt regulates for the interests of the society as a whole and nothing more. Since we won't get that we can at best hope when they do involve themselves it does the least damage and maybe a little good.

Thu, 09/08/2011 - 04:20 | 1645282 blunderdog
blunderdog's picture

Yes I understand today's solar sucks...but so you think it would be the same shit if we sunk 15 years of growth and 4trillion dollars into it? I imagine the innovation would be quite extraordinary.

The problem is that arbitrary interest-rate control by central bankers prevents logical financial risk vs. reward for truly important infrastructure development.

The reason you can't get financing for high-tech industry and infrastructure is directly attributable to keeping interest rates too low to make long-term but risky investment appealing.  Subsidization of crappy technology in the environment in which even the POTENTIAL payoff holds no appeal is placing the cart before the horse. 

It is more valuable to maintain an environment in which any/all forms of innovation with revolutionary potential are funded.  If the best solar has to offer is a sunk cost of $4 trillion to give us electricity at costs similar to the next decades' worth of coal consumption, it is obviously a dead end.  In other words--it would definitely be the same shit if we paid business to produce the same shit--and that's what it sounds like you're describing.

There are occasionally development opportunities which are so tremendously powerful that direct subsidization may be worthwhile.  I personally am pretty glad we built a phone network and national power-grid.  But the only recent development which is at all comparable in terms of scale is the Internet.

(BTW: Anyone using "Keynesian" as an epithet is, probably unknowingly, just cherry-picking stuff to hate.  Newton was "wrong" too, but we still use his equations.  We wouldn't have built the Space Shuttle without that crazy commie in Russia, either.)

Thu, 09/08/2011 - 02:52 | 1645204 cranky-old-geezer
cranky-old-geezer's picture

 

 

House prices will rise if we simply stimulate aggregate demand.

Falling prices also stimulate aggregate demand, and falling prices are what the natural market is trying to do.  

However, bankers (like yourself perhaps?) want prices to stay where they are and not fall, so they don't have to write down the value of mortgages they hold and foreclosed homes they own, thereby postponing the invevitable balance sheet crash, insolvency, and bankruptcy.

Sure, the Fed can keep printing currency and "recapitalizing" these insolvent banks, which you would support no doubt.  But then the dollar collapses.

Natural markets always prevail in the end.  So which poison do you prefer?  Bank collapse or currency collapse?

Wed, 09/07/2011 - 18:43 | 1643908 Long-John-Silver
Long-John-Silver's picture

Michigan has been doing that for years now. Not long ago they bulldozed a full 400 acres of abandoned homes and leased it out to Corporate Farmers.

Wed, 09/07/2011 - 21:50 | 1644473 lolmao500
lolmao500's picture

Or better yet, bulldoze all of Detroit so no more people call Detroit a shithole. In the minds of keynesians, that will even reduce poverty! I mean, if you destroy poor neighboorhoods, it means there's less poverty right?

Wed, 09/07/2011 - 18:42 | 1643904 New_Meat
New_Meat's picture

"President Obama really needs to seize the moment and announce something big."

I concur.

- Ned

{taking bets, too}

{{ya,  pickin the winnerz!}}

Wed, 09/07/2011 - 18:47 | 1643929 Long-John-Silver
Long-John-Silver's picture

He'll never willingly resign the office, sorry.

Wed, 09/07/2011 - 19:19 | 1644003 nmewn
nmewn's picture

Hard Pivot!!!

Wed, 09/07/2011 - 18:46 | 1643928 Hedgetard55
Hedgetard55's picture

Along with the old appliances we can toss out the old geezers, anyone over 70 years old, and give a tax break for each one that is put to sleep. Solves the Social Security cash flow problem as well.

Wed, 09/07/2011 - 18:58 | 1643956 thatthingcanfly
thatthingcanfly's picture

"I'm not quite dead yet!"

"I think I'll go for a walk!"

Wed, 09/07/2011 - 19:44 | 1644050 Thomas
Thomas's picture

And in the spirit of the gun sales to the Mexicans, we could buy their drugs. Call it "Cash for Hash" or "Cash for Stash". Then they would spend it in the US and we would become stinkin' rich.

Oh, even better. They could implement a Cash for Gold. Set up kiosks in malls. As blinder said, they could buy any asset they want. 

Wed, 09/07/2011 - 20:32 | 1644146 nmewn
nmewn's picture

"And in the spirit of the gun sales to the Mexicans..."

Its actually worse than that.

Now there are reports of an Operation Gang Banger in northern Indiana...across the state line from...Chicago.

http://www.examiner.com/gun-rights-in-national/exclusive-report-documents-indicate-atf-fbi-allowed-indiana-crime-gun-sales

Wed, 09/07/2011 - 21:31 | 1644403 nmewn
nmewn's picture

Plus one on Franky ;-)

I am puzzled though...this current gang is so inept it can't shoot straight on anything. No administration, in my memory, has been this incompetent...not even Carter. They are relying strictly on the MSM to not report whats going on outside the bubble. And the MSM has zero cred to boot.

This could be the big one lizbeth...lol.

Thu, 09/08/2011 - 02:39 | 1645183 StychoKiller
StychoKiller's picture

Perhaps the purpose of the US Govt is to "pretend" to fail...

Wed, 09/07/2011 - 22:02 | 1644505 lolmao500
lolmao500's picture

Not only guns to Mexican cartels. Also guns to Hondurian cartels (including MS-13) and GRENADES (thousands of them) to cartels in Mexico.

All the orders came from the top.

Obama and Holder should be sent to Mexico in a box to an angry mob. They would take care of those two pieces of filth.

Wed, 09/07/2011 - 19:02 | 1643966 macholatte
macholatte's picture

Yes. Good ideas. The garbage will need to be stored somewhere which will require more land fill which will drive up the price of land which willl be good for the economy because it will be a true supply-demand driven price increase and not inflationary and won't cost the government anything except for the new and imporved 100% non-recourse federally guaranteed financing for the new and improved garbage trucks (GM of course) and recyclying equipment (GE of course) both requiring the new and improved ethynol from Brazil and petrol from Venezuela and the new and improved Teamsters illegal-legal permanent-temporary Mexican labor doing the work whites won't do while being supervised by the new and improved TSA.  Or did I miss something?

Wed, 09/07/2011 - 19:17 | 1643996 mfoste1
mfoste1's picture

1. load handgun with silver bullet

2. put gun in mouth

3. pull trigger

 

Wed, 09/07/2011 - 19:18 | 1644001 trav7777
trav7777's picture

we don't make any fkin electrical appliances here dude, have you been afuckingsleep for 30 years?!?

Wed, 09/07/2011 - 19:34 | 1644036 Stax Edwards
Stax Edwards's picture

Was looking for a domestic made coffee maker recently.  Surprisingly they do exist.  BUNN is still made in US!

Wed, 09/07/2011 - 22:03 | 1644508 Pure Evil
Pure Evil's picture

When you say made, do you mean assembled in the US with 90% content foreign parts?

Wed, 09/07/2011 - 20:04 | 1644096 Mad Marv
Mad Marv's picture

...and THAT is the crux of many of our problems. I don't know how any 'recovery' can take place if we produce nothing.

Wed, 09/07/2011 - 20:33 | 1644145 g
g's picture

Yes, and that is exactly why the gov needs to stop central planning, and let the free market do its thing. We have not had free markets in a very long time, we have corporatism with the government as their partner, not capitalism. Revamp the tax code, enforce contracts, stop flip flopping on regulations, and level the playing field (not give unions advantages over non-union and non-gov business) that would go a long way to promoting production and prosperity.

Wed, 09/07/2011 - 19:32 | 1644030 dougngen
dougngen's picture

do really belive the bulshit your shoveling?

Wed, 09/07/2011 - 19:44 | 1644052 IQ 101
IQ 101's picture

Er, there are no T.V. manufacturers in the USA today, none,nada,zilch.

Your washer and dryer were built in Mexico as was your dishwasher,

Most likely your stove,stereo and vibrator are Chino/Mexican products too.

Unless you got the Posh German dishwasher,made in Nicaragua.

Wed, 09/07/2011 - 20:23 | 1644125 Withdrawn Sanction
Withdrawn Sanction's picture

Your washer and dryer were built in Mexico as was your dishwasher,

Actually, Bosch makes washers and dryers right here in the USA (from US and imported parts).   Presents a bit of a problem, dont it?

Wed, 09/07/2011 - 20:55 | 1644242 Mr Pink
Mr Pink's picture

Yeah, that sounds like a great idea! 50 million households instantly trade in their appliances for shiny new ones manufactured here at home. I would pay to see the production manager at that one company tell his 27 employees that he might need them to work a little overtime.

" Um....yeah...I'm gonna need you to come in on......Saturday........and....um....yeah.....I'm gonna need you to come on .....Sunday....for ...um....yeah.....the next .......um.....42 years"

Wed, 09/07/2011 - 21:49 | 1644468 Walter E Kurtz
Walter E Kurtz's picture

Michelle? Is that you? How was Martha's Vineyard?

Wed, 09/07/2011 - 22:12 | 1644543 BenLightYear
BenLightYear's picture

First of all their is no energy savings. It takes energy to create the appliances you are having people throw out and takes energy to create new ones. Much more energy than the savings you would get from newer models.

Second Keynes never said or wrote a one time money drop would boost the economy. He was quite clear on the long term aggregate.

People don't buy cars and houses and go on vacation because they were told by their company their is a rush of orders for next 6 months so you all are getting overtime or by hiring seasonal employees.

The cost to the govt would not be recouped because the energy savings you are hoping for is not enough to boost the consumer as the aggregate which would in turn create taxes going back to the govt.

If Obama wants to create jobs it's very simple. Now I personally don't like the idea ofmthe govt doing ANYTHING. Especially the fedaral government. But then again it's because of their track record more than any other reason. With that said. He could do a solar jobs plan. Not a little money hand over like in the last stimulus bill but a NEW DEAL scope plan. Every house in America gets 8 solar panels and all businesses get anywhere from 10-??? Depending on size. If done to every house and every business would create at least a decade of job growth, would greatly reduce the long term energy cost to the consumer ( real consumer aggregate boosting) and would return the investment back through taxes a few times over.

Yes I know solar sucks but that's because we aren't really doing it. If we decided to make it a monster jobs plan the solar industry in 10 years would piss on the solar industry we have today.

Jefferson/Mises 2012 bitches

Thu, 09/08/2011 - 06:03 | 1645345 Mitzibitzi
Mitzibitzi's picture

The only reason solar sucks at the moment is because it's too expensive per watt, given the ~ 25 year lifespan of the PV cells. I've got 4 square meters of solar on my roof at the moment, but I built the panels myself from surplus cells, so it cost me about 1/4 of what a commercial install would have cost. Also, I don't grid tie, because I don't produce enough power to make it worth the cost of the inverter. I've got 4 lift-truck batteries and a 1200W inverter instead.

The house lights are all 72 LED 12v flat panels (surprisingly cheap at ASDA / Walmart, actually), so I don't lose energy converting 12v up to mains voltage. The 12v supply also runs the water pump for my aquaculture setup, so I save some money on food by growing fish, salad, peppers, chillis, etc. The inverter runs the supply to the living room TV, the socket this PC is plugged into and the socket my laptop is plugged into in the bedroom.

I also gain on water heating, because the dump load for the batteries is a 12v heater in the hot water storage tank, which also has 2 sq meters of solar hot water panel feeding it.

Unfortunately, I'm only gaining anything because I built and installed all of the above myself. I'm a registered electrician and plumber, amongst other things. If I'd had to pay commercial buy-in and installation costs, I'd only be saving money for approximately the last 3-4 years of the projected life of the PV panels and batteries. Barely worth the effort.And not worth anything if I had to eat the cost of the grid-tie inverter the utility companies would like you to use. (A closet admission that generate and distribute over long distances doesn't work efficiently, btw!)

Also there is another significant problem with grid tie generation is applied on a wide scale; The inverters work by syncing to the frequency and phase of the incoming mains supply. This is fine if you are the only house on your particular branch of the mains distribution network. But put a whole bunch of inverters on there and you start to get smearing of the mains sinewave, since each inverter is not only trying to sync to the mains from the power plant but also to the output of all the other inverters, which are typically not better than 1% accurate in frequency and phase.There are ways round that, but they make the electronics more complex and hence expensive.

Motors and fluoresent lighting fixtures aggravate the problem, because they don't present purely resistive loads, so each grid-tie inverter then has to be that bit more elaborate to compensate for inductive and capacitive loads on the local grid.

And then you have impedance matching issues.... and so on and so on.

I'm not saying that solar PV, or any other renewable energy source, is bad. But they only truly work well if they're applied to homes designed from the start to take advantage of them. Long axis of the house facing south, for maximum sun. Trombe wall construction on the sun-facing wall. Heavy insulation. Intelligent ventilation systems. Lots and lots of factors. ALL of which we know how to do, but typically do not. There hasn't been, until now (or the very near future), any financial incentive to build homes, offices, etc 'correctly'. Energy was just too cheap to bother. It won't be for much longer.

Thu, 09/08/2011 - 06:14 | 1645351 Mitzibitzi
Mitzibitzi's picture

Whether most people could afford to buy or rent homes built 'properly' is entirely another thing, of course....

Wed, 09/07/2011 - 18:14 | 1643818 crosey
crosey's picture

Very nice....even bereave works in the Chinese influence.  You're a master!

Wed, 09/07/2011 - 18:14 | 1643821 Shell Game
Shell Game's picture

Nice.  ++

Wed, 09/07/2011 - 18:42 | 1643903 Uncle Remus
Uncle Remus's picture

He say you undercapitalized Mr Moynihan.

Thu, 09/08/2011 - 08:30 | 1645489 bania
bania's picture

"change we can bereave in"... this is what the Chinese are saying.

Wed, 09/07/2011 - 18:05 | 1643771 anyways
anyways's picture

could it be, that Obama will announce

Homeland Investment Act Part 2 ?

Serious question to zerohedgers.

Wed, 09/07/2011 - 18:12 | 1643800 redpill
redpill's picture

No, the last one left a bad taste in everyone's mouth, so they'll come up with a new cliche euphemism for a name, equally stomach turning no doubt.

Or maybe they'll dig the Works Progress/Work Project Administration out of mothballs.  These losers don't have any new ideas so I expect to see them recycle some older ones.  The older the better, afterall then there are fewer people alive that would remember the failure from the first time around.

 

Wed, 09/07/2011 - 19:09 | 1643980 cossack55
cossack55's picture

I have recently been traveling around the state in which I currently reside and noticed many buildings, pools, facilities all built in 1938 as part of the WPA.  They are all in pristine condition and still in use.  Can as much be said ove the last $800 billion shoveling shit program?  Maybe FDR actually got one thing right.

Wed, 09/07/2011 - 19:21 | 1644007 trav7777
trav7777's picture

if you watch a documentary on those you hear about how it was all just racist white people doing the work and that there was discrimination and segregation and all that shit

Wed, 09/07/2011 - 19:30 | 1644027 macholatte
macholatte's picture

 

The Story of Hoover Dam, complete video

http://video.google.com/videoplay?docid=-2361644829738750659#

Wed, 09/07/2011 - 20:01 | 1644088 DeadFred
DeadFred's picture

The old joke about the WPA.

Redneck #1: How ya doin. Ya find a job yet?

Redneck #2: I just 'plied for one with the WPA

(a week later)

Redneck #1: What ya doin?

Redneck #2: Nuttin

Redneck #1: Oh, ya got the job!

Wed, 09/07/2011 - 18:53 | 1643944 Lazlo Toth
Lazlo Toth's picture

Homieland Investment Act Part 2 ?

Fixed it for you.

Wed, 09/07/2011 - 18:34 | 1643772 tom a taxpayer
tom a taxpayer's picture

 

Breaking News: Obama plans to create 480,000 TSA jobs, extending passenger screening to school bus riders. According to unnamed White House sources, the President will announce the TSA school bus program in his Sept 8 speech to Congress and will assert it needs to be done "for the children".  The initiative also aims to reduce gang violence by providing good paying federal jobs for gang members. With the help of ACORN, the U.S. Department of Labor has signed a 20 year hiring agreement with a consortium of the Nation's premier gangs, including the Latin Kings, Bloods, Crips, MS-13, La Eme, etc.  

 

Wed, 09/07/2011 - 19:21 | 1644008 trav7777
trav7777's picture

well we have the USPS, FNM, and FRE, and a bunch of other federal agencies trying to do exactly that

Wed, 09/07/2011 - 21:58 | 1644497 arby63
arby63's picture

...and that's the fact jack. Do we seriously wonder why Congress and the Administration hasn't authorized the USPS to lay off 120,000 deadbeats? No wonder here.....EEO

Wed, 09/07/2011 - 19:28 | 1644025 caconhma
caconhma's picture

It will be a pedophile dream.

Wed, 09/07/2011 - 18:06 | 1643773 RobotTrader
RobotTrader's picture

 

 

I don't recall any event recently where expectations were so low.

Everyone has virtually given up hope on jobs, the economy, and stocks.

That is the time to buy stocks.

Wed, 09/07/2011 - 18:11 | 1643802 Bobbyrib
Bobbyrib's picture

Part of it is the lack of the President's credibility. I will never vote for anyone from the City of Chicago again. To return the favor, never elect anyone from the state of NJ to anything (NJ is about as crooked as Shitcago).

Wed, 09/07/2011 - 18:31 | 1643873 IMA5U
IMA5U's picture

smart.  chicago is built on corrupt machine politics and pseudo intellectuals.

 

the city also has an inferiority complex.

Wed, 09/07/2011 - 18:42 | 1643905 weinerdog43
weinerdog43's picture

the city also has an inferiority complex.

I was not aware that a 'city' was an organism that could have feelings.  Do tell how you are able to discern this remarkable attribute!

 

Wed, 09/07/2011 - 18:58 | 1643952 XitSam
XitSam's picture

Sigh. It is called anthropomorphism. 

Wed, 09/07/2011 - 19:31 | 1643974 macholatte
macholatte's picture

yea, but Chicago's got great pizza!

Wed, 09/07/2011 - 20:03 | 1644092 macholatte
macholatte's picture

OOOOOOOOOOOO! Junked for Chicago pizza!

I didn't say it was better than New York.  Maybe you guys need to get out more.

Wed, 09/07/2011 - 19:10 | 1643984 cossack55
cossack55's picture

You won't vote for anyone from Chicago ever again, at least as long as you are still alive. Hahahahahahah.

Wed, 09/07/2011 - 19:19 | 1644005 donis
donis's picture

Shitcago?  where are you from that's so full of integrity? Chicago is full of working class people..  shitty politicians live everywhere you moron.

Wed, 09/07/2011 - 19:55 | 1644076 Bobbyrib
Bobbyrib's picture

What part of "to return the favor do not vote for anyone from NJ" do you not understand? I live in NJ. Don't take offense to my childish name calling. Let's just hope our politicians never reach the national stage.

Wed, 09/07/2011 - 18:11 | 1643805 A Man without Q...
A Man without Qualities's picture

I don't recall any time where expectations were so low, but equity markets were so disconnected from this.  

I'm all for buying at the bottom, but the equity markets are floating on a fluffy cloud.

Wed, 09/07/2011 - 19:37 | 1644040 Stax Edwards
Stax Edwards's picture

It is impressive how well they are holding up given the circumstances.  Been bargain hunting but still way long dry powder.

Wed, 09/07/2011 - 18:12 | 1643807 IAmNotMark
IAmNotMark's picture

Actually, I think everyone has virtually given up hope on Obama doing anything constructive.

Things are going to get worse before they get worse so I don't know if stocks are the place to be. 

Wed, 09/07/2011 - 20:07 | 1644099 DeadFred
DeadFred's picture

I just want him to take another long vacation, anywhere, as long as he wants.

Wed, 09/07/2011 - 18:13 | 1643813 redpill
redpill's picture

When isn't it a time to buy stocks, dear momo?

Wed, 09/07/2011 - 18:21 | 1643844 how to trade ar...
how to trade armageddon's picture

A momo trader follows the market up AND down. I get the impression Robo isn't a trader at all, he just sits in his long positions and tries endlessly to convince himself they're going up.

Wed, 09/07/2011 - 18:22 | 1643847 dasein211
dasein211's picture

No. The time to buy stocks is when Maria Bartimoro rips open her meat curtains to show a big sign saying don't ever but stocks again!

Wed, 09/07/2011 - 20:29 | 1644139 Withdrawn Sanction
Withdrawn Sanction's picture

That is a truly disturbing mental image....

Wed, 09/07/2011 - 18:26 | 1643856 Long-John-Silver
Long-John-Silver's picture

This is Jimmy Carter all over again, except it's worse. We even have a hostage situation too. We're all hostages this time. 

Wed, 09/07/2011 - 18:32 | 1643877 Rainman
Rainman's picture

...hahaha....now that is clever, L-J- S !

Wed, 09/07/2011 - 18:46 | 1643927 Big Corked Boots
Big Corked Boots's picture

The problem with buying when there is blood on the streets is, you never know how much more blood there can be.

Hip boots, bitchez.

Wed, 09/07/2011 - 19:12 | 1643986 cossack55
cossack55's picture

...or how much of it is yours.

Wed, 09/07/2011 - 18:52 | 1643941 razorthin
razorthin's picture

If the spx were at the amply valued 400, I would agree.  But yes, it is time for one last ramp.

Wed, 09/07/2011 - 19:06 | 1643970 Homey Da Clown
Homey Da Clown's picture

@robotrader

 

Do you EVER get tired of making an ass out of yourself?

Wed, 09/07/2011 - 19:17 | 1643999 BetTheHouse
BetTheHouse's picture

Big move up day.  Appearance  by Robot Trader.  Just like clockwork.  Where exactrly do you go on the down days, hon? 

Wed, 09/07/2011 - 19:31 | 1644028 caconhma
caconhma's picture

You meant gold?

Wed, 09/07/2011 - 19:56 | 1644079 Blano
Blano's picture

That would be the last time the Obamination gave a speech, Robo.

Wed, 09/07/2011 - 20:12 | 1644107 centerline
centerline's picture

I would not be surprised if tomorrow is a moderately up day.  Seems like equities want to paint one more session up.  Overall though, the charts look rather bearish.  If tomorrow pans out for the longs, I would go cash at least into Friday.

Wed, 09/07/2011 - 23:45 | 1644808 FlyPaper
FlyPaper's picture

God I love RobotTrader!  Thanks for posting.

Some say "when blood is in the streets is the time to buy."  However(!) that 'conventional' wisdome (sic) certainly did not apply after the depression was more or less over - it took decades for the stocks to recover.  I also believe that we would not have had the stock recovery we did without direct FED intervention via QE1/2, so I'm not so sure that "now is the time to buy stocks."

So my curiosity is up: what stocks do you recommend, and if you would provide a bit of detail about your rationale that'd be most appreciated!    Fly.

Wed, 09/07/2011 - 18:06 | 1643775 carbonmutant
carbonmutant's picture

The economy is the victim of a bomb blast, lying on the ground bleeding from multiple wounds and after spending  3 years promising World Class heath care Obama is about to show up with a box of band aids...

Wed, 09/07/2011 - 18:08 | 1643786 runlevel
runlevel's picture

dude your icon is awesome.  they did a great job on DX3. 

Wed, 09/07/2011 - 18:26 | 1643858 carbonmutant
carbonmutant's picture

I was up to 2:00am fighting my way through the the back alleys of Hengsha looking for hackers and Tai Yong Praxis kits to upgrade my augmentations... lol

Wed, 09/07/2011 - 18:45 | 1643920 runlevel
runlevel's picture

lol i just got done with talking with tong. dude is a dick. btw my friend had a great idea. upgrade your strength aug, hack a turret to shoot enemys.. lol pick it up and walk around with it . so awsome

Wed, 09/07/2011 - 18:55 | 1643946 KennyG09
KennyG09's picture

Use this on the third boss. Hax :)

Thu, 09/08/2011 - 03:24 | 1645230 carbonmutant
carbonmutant's picture

Thx for the tip. I got Lucky with Barret.

Thu, 09/08/2011 - 03:25 | 1645233 carbonmutant
carbonmutant's picture

Next turret I find...lol

Wed, 09/07/2011 - 18:12 | 1643811 IAmNotMark
IAmNotMark's picture

Oh man...the box of band aids is empty...

Wed, 09/07/2011 - 19:37 | 1644038 The Fonz...befo...
The Fonz...before shark jump's picture

Haha Obama solution? We need even BIGGER band aids

Thu, 09/08/2011 - 03:06 | 1645220 bid the soldier...
bid the soldiers shoot's picture

You know the economy died immediately after the blast. All of us have been pretending it's still alive. That's been working for almost 3 years.
Hard to fault that.

Wed, 09/07/2011 - 18:07 | 1643778 El Gato
El Gato's picture

Which leader has the balls not to do what Obama is doing?

Wed, 09/07/2011 - 18:55 | 1643950 razorthin
razorthin's picture

me

Wed, 09/07/2011 - 18:07 | 1643781 FunkyMonkeyBoy
FunkyMonkeyBoy's picture

Why does ZeroHedge allow articles to be posted that seem to go along with the popular mis-conception that Obumma actually makes important decisions?

Obumma is a bought and paid for actor piece of s**t, placed there to make you think you had some kind of choice in who leads you. He works for the elite interests only, to the detrement of the people. Got it?

I mean, can we just get this clear.

Wed, 09/07/2011 - 18:10 | 1643795 Trimmed Hedge
Trimmed Hedge's picture

Any sitting president could always disobey his masters....

Wed, 09/07/2011 - 18:14 | 1643820 redpill
redpill's picture

Just don't go on any open-top convertible rides in Dallas afterward...

Wed, 09/07/2011 - 18:20 | 1643836 unum mountaineer
unum mountaineer's picture

tin foil hat party, bitchez!

 

 

Wed, 09/07/2011 - 18:28 | 1643863 kill switch
kill switch's picture

On June 4, 1963, a little known attempt was made to strip the Federal Reserve Bank of its power to loan money to the government at interest. On that day President John F. Kennedy signed Executive Order No. 11110 that returned to the U.S. government the power to issue currency, without going through the Federal Reserve. Mr. Kennedy's order gave the Treasury the power "to issue silver certificates against any silver bullion, silver, or standard silver dollars in the Treasury." This meant that for every ounce of silver in the U.S. Treasury's vault, the government could introduce new money into circulation. In all, Kennedy brought nearly $4.3 billion in U.S. notes into circulation. The ramifications of this bill are enormous.

With the stroke of a pen, Mr. Kennedy was on his way to putting the Federal Reserve Bank of New York out of business. If enough of these silver certificats were to come into circulation they would have eliminated the demand for Federal Reserve notes. This is because the silver certificates are backed by silver and the Federal Reserve notes are not backed by anything. Executive Order 11110 could have prevented the national debt from reaching its current level, because it would have given the gevernment the ability to repay its debt without going to the Federal Reserve and being charged interest in order to create the new money. Executive Order 11110 gave the U.S. the ability to create its own money backed by silver.

After Mr. Kennedy was assassinated just five months later, no more silver certificates were issued. The Final Call has learned that the Executive Order was never repealed by any U.S. President through an Executive Order and is still valid.

Wed, 09/07/2011 - 18:39 | 1643897 Long-John-Silver
Long-John-Silver's picture

The Treasury holds ZERO Silver in reserve. It's all gone.

Wed, 09/07/2011 - 18:47 | 1643932 john39
john39's picture

they couldn't risk someone trying that again...

Wed, 09/07/2011 - 18:52 | 1643935 andybev01
andybev01's picture

This is news only to people who have never heard of Zerohedge.

 

Oh wait; crap.

 

p.s.; tone down the bold-face font. It makes it look like you could use a Valium.

Wed, 09/07/2011 - 18:58 | 1643953 buck4free
buck4free's picture

All hail the Unitary Executive! (so long as he's the kind I agree with)

Wed, 09/07/2011 - 19:28 | 1644022 BetTheHouse
BetTheHouse's picture

Quoting "The Final Call?"  Are you kidding me??.  This thread just jumped the shark.  Say hi to Louis Farrakhan for me, pal.  Well, come to think of it, old Louis Walcott probably knows something about assasinations.  He was reportedly complicit in Malcolm X getting whacked, after all.  Hey Zero Hedge:  I hate Obama too.  But this isn't Red State.  Save the politics and the antisemitism and the tinfoil hat brigade.  Keep the awesome financial commentary coming.  My two cents only. 

Wed, 09/07/2011 - 20:17 | 1644116 DeadFred
DeadFred's picture

I had heard that one of Johnson's first acts was to repeal the order. Take a look at the list of presidents who pissed off the banks. It looks very similar to the list of presidents who have had assasination attempts against them. One of those interesting coincidences I guess.

Wed, 09/07/2011 - 23:50 | 1644821 FlyPaper
FlyPaper's picture

Unless I'm mistaken, the FED already returns the interest on the Treasury bonds.  This makes sense because trading money for Treasuries is a 'ledger' entry that documents the monetization of currency.  

It begs the question of why Kennedy actually did this.  Anyone know?  

Wed, 09/07/2011 - 18:13 | 1643814 dasein211
dasein211's picture

Amen. I know real change coming when I see people finally give up on rethuglicans and democrackheads. Both sides of the same sellout the people coin!!

Wed, 09/07/2011 - 19:44 | 1644053 dougngen
dougngen's picture

you nailed it funky munkey boy! the MSM has already picked the bilderburg replacement Rick Perry. Different face, same globalist agenda. I hate it that the sheeple can't make a decision without Katie Couric telling them what to think.

Wed, 09/07/2011 - 20:36 | 1644157 Withdrawn Sanction
Withdrawn Sanction's picture

Speaking of the MSM, it should be comical to them spin things after the Prez lays an egg on national TeeVee.  Hmm, what will the preferred tag line be?  Obama gets serious about jobs....after 2-1/2 years in his....nah that wont work.  Hmm, this is tough...

Wed, 09/07/2011 - 19:58 | 1644083 jdelano
jdelano's picture

Noted, but don't you think he really thought he was some kind of messianic when agent of "change" he was campaigning? I seem to recall an aura of pathetic earnestness about him before he took office-- then, the day after he was inaugurated he showed up on television looking like he'd seen a ghost. Think the night he took office tptb sat him down and said, "alright kid, here's how this works...you say what we tell you to say or you go the way of JFK, capisce?". Either that or they took him on a tour of area 51 and showed him proof of the imminent alien invasion threat...

Wed, 09/07/2011 - 20:20 | 1644119 DeadFred
DeadFred's picture

Soros owned him long before inauguration. 

Wed, 09/07/2011 - 20:03 | 1644093 SRV - ES339
SRV - ES339's picture

He works for the elite interests only

Just who on the GOP side isn't bought and paid for by corporate interest... and why are they not pieces of shit?

Other than Ron Paul of course.

Wed, 09/07/2011 - 23:55 | 1644835 FlyPaper
FlyPaper's picture

Oh Lordy.  Anyone dumb enough to think that a majority of our elected officials on both sides of the aisle not are on the take shouldn't be posting here.  Just who paid the majority of the cost for Obama's inauguration?   La Bankers.   

 

 

Wed, 09/07/2011 - 21:34 | 1644423 Manthong
Manthong's picture

Here's a question that no one else has asked around here:

When was the last time that months and months have gone by and NOBODY has heard a peep out of a White House Chief of Staff or has any idea what he is doing?

Just what does he do, anyway?

 

Wed, 09/07/2011 - 18:08 | 1643785 The Peak Oil Poet
The Peak Oil Poet's picture

 

 

 

Fill up your attic with brand new shoes
a pair a week until the oil-crash news
pick sizes and styles that will sell and last
because when there’s no cars shoes wear out fast

 

http://thepeakoilpoet.blogspot.com/2011/07/fill-up-your-attic-with-brand-new-shoes.html

Wed, 09/07/2011 - 18:18 | 1643835 Shell Game
Shell Game's picture

Better yet, go to Shoe School and learn to make them yourself.

Wed, 09/07/2011 - 19:22 | 1644009 Shell Game
Shell Game's picture

++  not Or....AND!

Wed, 09/07/2011 - 18:09 | 1643787 Medea
Medea's picture

Yawn. It's a waste of time getting angry at the puppets. It's misguided to think the puppets are puppet masters.

Wed, 09/07/2011 - 18:09 | 1643788 Helix6
Helix6's picture

Re "The left wing libtards screamed like a stuck pig about these horrific cuts..."

I stopped reading right there, since this screed had by this point degenerated into name-calling.

Wed, 09/07/2011 - 18:13 | 1643815 Bobbyrib
Bobbyrib's picture

It will be hilarious when the Republicans raise my taxes on January 1st 2012, when they allow the Social Security payroll TAX CUT to expire.

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