This page has been archived and commenting is disabled.

Live Webcast Of Obama Proposing More Spending As The Solution To All Of America's Problems

Tyler Durden's picture


Actually, we are not sure just what the president will discuss in his 10:15 am address on the economy, but our suggestion that the president will suggest more spending as the cause solution to all of America's problems seems like a fair guess. That or blaming Merkel for the epic NFP miss last Friday. We are not sure what the shot keyword is today (aside for thingamajig of course), but we know what isn't: $15,734,596,578,458.59. That's was US Federal debt as of close on Wednesday: another fair guess is that it will receive exactly zero prominence in Obama's latest sermon.


- advertisements -

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.
Fri, 06/08/2012 - 10:17 | 2507071 Peter K
Peter K's picture

Obama addresses the Economy?

What could go wrong:))))

Fri, 06/08/2012 - 10:26 | 2507109 BlueCollaredOne
BlueCollaredOne's picture

Doesnt the market always dip when he talks?

As of 1023 EST dow is down 25, it will be lower when he's done talking.  

Fri, 06/08/2012 - 10:28 | 2507136 mayhem_korner
mayhem_korner's picture



By "talking" you mean "reading aloud", right?

Fri, 06/08/2012 - 10:28 | 2507137 BlueCollaredOne
BlueCollaredOne's picture

But of course

Fri, 06/08/2012 - 10:42 | 2507219 Divided States ...
Divided States of America's picture

Guarantee you that the effer was busy watching the NBA game last night. Ok, obummer speaking now, time to go short.

Fri, 06/08/2012 - 10:45 | 2507239 Chief KnocAHoma
Chief KnocAHoma's picture

“The problem is, is that the way Bush has done it over the last eight years is to take out a credit card from the Bank of China in the name of our children, driving up our national debt from $5 trillion dollars for the first 42 presidents -- number 43 added $4 trillion dollars by his lonesome, so that we now have over $9 trillion dollars of debt that we are going to have to pay back -- $30,000 for every man, woman and child,” Obama said on July 3, 2008, at a campaign event in Fargo, N.D.


Fri, 06/08/2012 - 13:26 | 2507869 Kayman
Kayman's picture

But, but, but Bernanke is conjuring more Net Worth every day....

Fri, 06/08/2012 - 10:49 | 2507256 narapoiddyslexia
narapoiddyslexia's picture

I think he just said that "countries that spend more than they bring in have problems.!!!!!!!!!!!!


Did he just say that????

Fri, 06/08/2012 - 11:16 | 2507402 ElvisDog
ElvisDog's picture

Right, that statement is along the same lines as "we need a credible long-term plan to bring down the deficit, but in order to not jeopardize the recovery we need to increase spending right now"

Fri, 06/08/2012 - 11:53 | 2507549 narapoiddyslexia
narapoiddyslexia's picture

Folks who think growth is forever and reliable have never studied math. WHENEVER the increment of growth per unit time is proportional to the size of the thing that is growing, it results, inexorably, in exponential growth. Thus, a growth rate of 3% leads to doubling about every 25 years, or about every generation. I don't know about anyone else, but that idea strikes me as ludicrous [unless we start colonizing and/or intensively utilizing the resources in the rest of the Solar System.]

In any event, the way things are going, collapse of the debt structure is inevitable as it requires such growth for its continued existence.

Fri, 06/08/2012 - 10:32 | 2507163 Stoploss
Stoploss's picture

The retarded fucker can't do anything on time anyway.

The only exception is the golf course.

Fri, 06/08/2012 - 10:49 | 2507260 redpill
redpill's picture

You should see what this POS does to LA traffic when he's galavanting around on fundraiser tours.

Fri, 06/08/2012 - 11:00 | 2507313 smlbizman
smlbizman's picture

you must be unaware of...cpt....

Fri, 06/08/2012 - 12:14 | 2507629 mick_richfield
mick_richfield's picture

I just got a vision of half a dozen Secret Service guys walking around in the tall grass looking for the Presidential Golf Ball.

SS Man 1: ( quietly, to SS Man 2 )  God damn it, what's he hitting?  Titleist? 

SS Man 2: Yeah.  Number 5.

SS Man 1: Fine.  ( takes spare ball with correct number from jacket pocket, and surreptitiously drop it near his foot. )

SS Man 1: ( shouting to others )  Hey, here it is !

SS Man 1: ( quietly, to SS Man 2 )  Why didn't I take the damn FBI job ?

Fri, 06/08/2012 - 10:24 | 2507111 krispkritter
krispkritter's picture

This is going to be like watching Krugman in Blackface I bet.


Fri, 06/08/2012 - 10:42 | 2507214 Zero Govt
Zero Govt's picture

...more like watching Rocky XVIII ........pitiful

you've seen the (socialist) script a hundred times before, always ending with the star /czar (Stalin, Mao, Hitler, Mussolini) being broke and leaving the country a ruin

but hey, let's not let Barry in on the ending, let him have his dream

Fri, 06/08/2012 - 10:58 | 2507299 Peter K
Peter K's picture

You sound like Barry's typical white grandmother :)

Fri, 06/08/2012 - 11:10 | 2507360 Sauk Leader
Sauk Leader's picture

Wow, Tyler cue the "Deer in headlights" caption for the questions at the end. I bet he wished he didnt take any, that was brutal to watch.

Fri, 06/08/2012 - 10:31 | 2507140 Paul Atreides
Paul Atreides's picture

Guy can't even show up to his own meetings on time....speaks volumes for his experience on running an office, let alone a massive country.

Fri, 06/08/2012 - 10:33 | 2507170 The Big Ching-aso
The Big Ching-aso's picture



Look at the bright side.  In Zimbabwe, $15,734,596,578,458.59 was pocket change.

Fri, 06/08/2012 - 10:49 | 2507261 Paul Atreides
Paul Atreides's picture

Monetizing the value of US debt to equal a load of bread 'YES WE CAN'

Fri, 06/08/2012 - 12:44 | 2507713 ironsky
ironsky's picture

All that meetings crap is just wearing a suit and kissing the bosses ass because he knows the spell to contact John Frum. He has experience running cargo offices bringing cargo to the community. As for massive country; All cargo is local.

Fri, 06/08/2012 - 10:35 | 2507181 AlaricBalth
AlaricBalth's picture

"My fellow Americans. I hereby resign as President of these United States. It is with a heavy heart that I must inform you that we a royally screwed and I am just going to get out-a-Dodge. So good luck, BITCHEZZ....

Fri, 06/08/2012 - 10:38 | 2507198 xtop23
xtop23's picture

Then we get Biden.

Is that really what you want?

Fri, 06/08/2012 - 10:40 | 2507213 AlaricBalth
AlaricBalth's picture

Biden can't tie his shoes without a set of instructions.

Fri, 06/08/2012 - 10:43 | 2507225 LongSoupLine
LongSoupLine's picture




Sure he can...the problem is the instructions are from Corzine and now his shoes can't be found.

Fri, 06/08/2012 - 10:56 | 2507294 Stoploss
Stoploss's picture

Yes, but does he follow them?

Fri, 06/08/2012 - 10:57 | 2507297 CrimsonAvenger
CrimsonAvenger's picture

Biden has "TGIF" written on his shoes - stands for Toes Go In First.

Fri, 06/08/2012 - 11:28 | 2507449 madmax1965
madmax1965's picture

CrimsonAvenger - Thanks!  that is some funny shit!  I just spit water all over my laptop!

Fri, 06/08/2012 - 12:03 | 2507537 Oldrepublic
Oldrepublic's picture

 remember the famous LBJ quote:

He couldn't pour piss out of a boot with a hole in the toe
 and the directions on the heel
Fri, 06/08/2012 - 11:12 | 2507375 Overfed
Overfed's picture

That worthless fuck can't tie his shoes without an assistant. He only takes off his retard helmet for photo-ops.

Fri, 06/08/2012 - 13:33 | 2507903 Kayman
Kayman's picture

The truth of your comment notwithstanding, have you ever seen a set of instructions to tie a pair of shoes ?


Fri, 06/08/2012 - 10:37 | 2507186 Chupacabra-322
Chupacabra-322's picture

Can someone, anyone group of honest Police/Military arrest this motherfucker along with 534 House members (excluding Ron Paul) plus 99 Senate members (excluding Rand Paul) plus a President/VP and attorney General.

Charge them with Treason, Crimes Against The American People, Crimes Against Humanity.  Have a fair trail, convict, then execute them? 

Can anyone please? 

Hello?  Anyone? 

Fri, 06/08/2012 - 11:10 | 2507361 kridkrid
kridkrid's picture

Looks like rand Paul endorsed Romney. He's crossed off of my list.

Fri, 06/08/2012 - 11:15 | 2507390 johnQpublic
johnQpublic's picture

wont change my for ron even if i have to write it in in blood

Fri, 06/08/2012 - 11:25 | 2507438 kridkrid
kridkrid's picture

I first voted for Ron Paul in 88... If I vote, I will do so again. My comment was about Rand.

Fri, 06/08/2012 - 12:23 | 2507649 mick_richfield
mick_richfield's picture

Wait until you find out what he got for his endorsement.

Like .. what job.

Fri, 06/08/2012 - 10:38 | 2507202 slaughterer
slaughterer's picture

Obama will use this press conference to announce a $2 trillion QE.  

Fri, 06/08/2012 - 10:40 | 2507215 Dr. Richard Head
Dr. Richard Head's picture

If Obama addressed the economy, I hope the economy returns to sender.

Fri, 06/08/2012 - 10:57 | 2507301 Stoploss
Stoploss's picture

Now we know "short term" is four years.

Fri, 06/08/2012 - 11:10 | 2507363 AldoHux_IV
AldoHux_IV's picture

I almost feel sorry for the guy if it wasn't for the fact that I don't like him as a president, he regurgitates what his idiotic economic advisers tell him is the reality of the economy (blind leading the blind), and that he and along with the rest of our current form of government are nothing more than a collection of self-serving psychopaths.

Fri, 06/08/2012 - 12:08 | 2507605 ATM
ATM's picture

The problem relly is that his economic advisors are William Ayres, Van Jones, Valerie Jarrett, Cass Sunstein  and Carol Browner to name just a few. 

Fri, 06/08/2012 - 10:46 | 2507243 battle axe
battle axe's picture

Dow plunges 2000 points....

Fri, 06/08/2012 - 10:57 | 2507298 Dr. Engali
Dr. Engali's picture

You call that wrong? I'd say " it's about damn time".

Fri, 06/08/2012 - 11:10 | 2507365 Gavrikon
Gavrikon's picture

Was ANYONE listening?

Fri, 06/08/2012 - 11:18 | 2507409 TruthHunter
TruthHunter's picture

So what's the big deal? We "borrow" short term a 0%.   If we/Obama

runs low, just "borrow" more.  Its free isn't it?  How come your grandfathers weren't

this smart?   

Fri, 06/08/2012 - 10:17 | 2507072 SheepleLOVEched...
SheepleLOVEcheddarbaybiscuits's picture


Fri, 06/08/2012 - 10:25 | 2507113 gckings19
gckings19's picture

his speech...the republicans don't want to give you thingamajigs.  Let me be perfectly clear, i am the thingamajig president.  now mitt romney will tell you that we already have too many thingamajigs but that is not true.  as the thngamajig president i will make sure that our youth has acccess to the best possible thingamajigs that federal largesse can buy. 

Fri, 06/08/2012 - 10:35 | 2507182 taniquetil
taniquetil's picture

Is wanting to buy a watchamacallit now a dissident belief?

Fri, 06/08/2012 - 11:01 | 2507316 El Oregonian
El Oregonian's picture

Yes, President O'PeckerHead said there will not be any DEFLATION as long as he is still hanging around but The NUTS in his cabinet will be removed after the Bilderberg decision this past weekend in Chantilly VA. to replace him with another Bain Capital man. Sorry O, you've been Lorena Bobbit-ized... Enjoy the retirement, loser...

Fri, 06/08/2012 - 10:33 | 2507174 Assetman
Assetman's picture

Oh goody.  Give me my $3,500 so I can go buy thingamajigs for my living room.

While you're at it please put me on the Food Stamp program.

After all, I'm entitled to it.


Fri, 06/08/2012 - 10:18 | 2507073 Slope of Hope
Slope of Hope's picture

How about a shot every time he blames Bush?  Be bombed in 5 minutes.

Fri, 06/08/2012 - 10:19 | 2507082 Joe Davola
Joe Davola's picture

Be careful suggesting "bombing" around President Peace Prize.

Fri, 06/08/2012 - 10:22 | 2507098 Slope of Hope
Slope of Hope's picture

Oops - poor choice of words on my part indeed.  Sloshed?

Fri, 06/08/2012 - 10:24 | 2507112 TrainWreck1
TrainWreck1's picture

Ready with the purple drank...

Fri, 06/08/2012 - 10:40 | 2507142 Vincent Vega
Vincent Vega's picture

Headline on Bloomie early this morning: Obama Increases Pakistan Drone Hits as Disputes Sour Relations.

Fri, 06/08/2012 - 10:23 | 2507104 Dr. Engali
Dr. Engali's picture

You said shot and must be a terrorist.

Fri, 06/08/2012 - 10:25 | 2507122 krispkritter
krispkritter's picture

Yeah but he blamed Bush so he gets a free pass...

Fri, 06/08/2012 - 10:26 | 2507129 WonderDawg
WonderDawg's picture

If he wasn't before, he's on the list now.

Fri, 06/08/2012 - 10:25 | 2507117 Overfed
Overfed's picture

When speaking of O'bomb-a, being bombed in 5 minutes can take on more than one connotation.

Fri, 06/08/2012 - 10:35 | 2507184 Lucky Guesst
Lucky Guesst's picture

I'm totally in!!! Wooohoooo! That includes the suggestion of blaming Bush by the use of the word inherited.

Fri, 06/08/2012 - 10:19 | 2507074 LULZBank
LULZBank's picture


Nothing a fresh, crisp printed note cant take care of with some change back for blow and hookers.

Fri, 06/08/2012 - 11:26 | 2507444 Matt
Matt's picture

What does it mean: "I promise to pay the bearer, on demand, 100 Trillion Dollars"? does it mean that you can redeem a $100 trillion bill for another $100 trillion bill?

Fri, 06/08/2012 - 14:12 | 2508064 Moe Howard
Moe Howard's picture


Fri, 06/08/2012 - 10:18 | 2507075 Dr. Engali
Dr. Engali's picture

I'll check back arond 11:30 he might show up by then. This should be good for a couple laughs.

Fri, 06/08/2012 - 10:27 | 2507130 Overpowered By Funk
Overpowered By Funk's picture

He's finishing a cigarette he'll be there 10:45am.

Fri, 06/08/2012 - 10:18 | 2507077 LongSoupLine
LongSoupLine's picture



Teleprompter directly linked to Lloyd Blankfein's keyboard.


Fri, 06/08/2012 - 10:23 | 2507103 LongSoupLine
LongSoupLine's picture

LOL...SPY just printed a doji top as he's about to comes the monkey hammer.

Fri, 06/08/2012 - 10:52 | 2507278 LongSoupLine
LongSoupLine's picture

I just gave myself a junk for being a fucking idiot and thinking that "technical indicators" would play out logically when piece of shit algos are running the show.

Fuck you HFT assholes!

Fri, 06/08/2012 - 11:28 | 2507448 Matt
Matt's picture

This is turning into quite the three day rally. Will it continue on Monday?

Fri, 06/08/2012 - 10:19 | 2507079 Overfed
Overfed's picture

He's gonna send me my free munney! :-)

Fri, 06/08/2012 - 10:19 | 2507081 Seasmoke
Seasmoke's picture

4 years sure goes by fast. This guy is finished

Fri, 06/08/2012 - 10:19 | 2507083 TrainWreck1
TrainWreck1's picture

How late will he be?

Fri, 06/08/2012 - 10:20 | 2507085 docj
docj's picture

Oh goodie - El Presidente Ofail going to address the unwashed again? Must be another one of those days that ends in the letter "y".

I'm pretty sure I'd rather suffer a couple of swift kicks in the pills from a 7th-degree Tae Kwon Do black belt wearing steel-toed boots than listen to another smarmy, smirk-filled word spoken by Barry Oscrewyou. So have fun with this.

Fri, 06/08/2012 - 10:32 | 2507169 NumNutt
NumNutt's picture

The most we can hope from this speach is Obutthead trying to explain why the complete clusterfuck we call an "economy" is not his fault, and why it is being affected by outside forces beyond his control. So we are to remember to not hold him accountable come November.  Right..... day late dollar short Barry.

Fri, 06/08/2012 - 10:20 | 2507088 Atomizer
Atomizer's picture

Whaa.. Whaaaaaaaaaaaaaaaaaaa. Wha. Whaaaaaaaaaaaaaaaaaaa…



Fri, 06/08/2012 - 10:21 | 2507090 Lucky Guesst
Lucky Guesst's picture

OK, you guys listen to him and I'll read your comments. I can't actually stomach him this soon after breakfast.

Fri, 06/08/2012 - 10:59 | 2507305 CrimsonAvenger
CrimsonAvenger's picture

He just said you're going to a re-education center.

Fri, 06/08/2012 - 10:22 | 2507093 SheepleLOVEched...
SheepleLOVEcheddarbaybiscuits's picture

"food stamp president"

Fri, 06/08/2012 - 10:21 | 2507094 IndicaTive
IndicaTive's picture

He's late. Maybe Michelle finally went "all the way down."

Fri, 06/08/2012 - 10:24 | 2507110 Lucky Guesst
Lucky Guesst's picture

I'm pretty sure she is too young, too black and too female for his taste.

Fri, 06/08/2012 - 10:34 | 2507176 Normalcy Bias
Normalcy Bias's picture

I bet that the only thing she goes "all the way down" on is a fried chicken leg. Yeah...I went there...

Fri, 06/08/2012 - 13:02 | 2507764 ironsky
ironsky's picture

Next he'll be telling the National Association of the Successfully Rehabilitated (Yes, I know) that they can Lean on him. Ain't far from turnpike toilet humor.

Fri, 06/08/2012 - 10:23 | 2507095 Overfed
Overfed's picture

You'd think the POTUS (TOTUS?) could start his own press confernce on time.

He's probably announcing that he'll be suspending the election in order to finish getting all of the terrorists and so he can fix the economy. It will all be Bush's fault.

Fri, 06/08/2012 - 10:22 | 2507096 GrumpyChicken
GrumpyChicken's picture

When can I expect my $3000?  Those thingamajigs certainly aren't going to buy themselves!!

Fri, 06/08/2012 - 10:22 | 2507100 mayhem_korner
mayhem_korner's picture



Not every day you get a number containing six punctuation marks.

Fri, 06/08/2012 - 10:23 | 2507105 Trying to Understand
Trying to Understand's picture

Someone's reviewing the notes to remove all reference to 'how far down Michelle goes'....


Fri, 06/08/2012 - 10:24 | 2507106 kridkrid
kridkrid's picture

Spending is neither the cause nor the solution, rather a byproduct.  When virtually all money is loaned into existence with interest attached at creation, more money must be created in order to roll debt forward... forever.  Only at some point, the mounting interest destroys the productive economy.  Sovereign debt (money) is still just debt to the system, and is merely picking up the slack as the rest of the world began to bail on the debt issuance ponzi scheme.  The dam is ready to burst with cascading defaults.  The world is insolvent.

Fri, 06/08/2012 - 10:30 | 2507151 tarsubil
tarsubil's picture

Debt supersaturation. The black swan is really a crystal.

Fri, 06/08/2012 - 12:02 | 2507584 TheInfoman
TheInfoman's picture

According to the theory of Astrotometry, math is not two dimentional (as in a graph), but three dimentional.  Obama has it all figured out. 

Duh.  I don't think so!!


Fri, 06/08/2012 - 10:24 | 2507107 JohnG
JohnG's picture

5 putting 18 AGAIN??

Fri, 06/08/2012 - 10:30 | 2507149 Normalcy Bias
Normalcy Bias's picture

He doesn't get out of bed that early...

Fri, 06/08/2012 - 10:24 | 2507108 Conman
Conman's picture

PPT was at it again!

Fri, 06/08/2012 - 10:25 | 2507115 SheepleLOVEched...
SheepleLOVEcheddarbaybiscuits's picture

stolen teleprompter again?

Fri, 06/08/2012 - 10:26 | 2507118 marcusfenix
marcusfenix's picture

markets about to go green, so it must be he doesn't feel the need to address the peasants today.

thus explaining his current lateness and ultimate non appearance on our screens.

it's all good, the peas and thingamajigs stimulus package is working perfectly...


Fri, 06/08/2012 - 10:25 | 2507119 Byte Me
Byte Me's picture

As long as they play "Hail to the Thief".

Fri, 06/08/2012 - 10:26 | 2507123 slaughterer
slaughterer's picture

"If it were not for Bush and Europe and now Merkel's austerity politics, I would have those $3,000 thingamajig checks int he mail to all of you."

Fri, 06/08/2012 - 10:26 | 2507125 no life
no life's picture

Is this guy ever on time for anything??

Fri, 06/08/2012 - 10:26 | 2507131 LULZBank
LULZBank's picture

Being late, in other words, mean: "Who's the daddy?"

Fri, 06/08/2012 - 10:29 | 2507145 fuu
fuu's picture

Dude he is out back in Choom Wagon One getting his smoke on. Or he's finishing up his latest MDB_ post.

Fri, 06/08/2012 - 10:37 | 2507192 WhyDoesItHurtWh...
WhyDoesItHurtWhen iPee's picture

Choom Wagon One  or  is it Choom Chopper One?

Fri, 06/08/2012 - 10:26 | 2507126 LULZBank
LULZBank's picture

They have to print.

Then they have to spend what they have to print.

No big and challenging economic decision there.

Fri, 06/08/2012 - 10:31 | 2507155 kridkrid
kridkrid's picture

That's all anyone needs to know.  All of Kabuki theater over spending, austerity, entitlements, etc... it's just that... theater.  They have to print... then they have to spend what they have to print.  Or as pods pointed out somewhere in this or another thread... they aren't really "printing"... that isn't the mechanism exactly... it is borrowing, right from the very beginning. 

Fri, 06/08/2012 - 11:26 | 2507440 ElvisDog
ElvisDog's picture

The ZH community really needs to stop referring to "printing". The Fed does not "print", which implies giving money away. What the Fed does is "loan". All of the QE events have been loans that the Fed expects to be repaid. So here is your post corrected:

"They have to loan... then they have to spend what they have to loan".

Fri, 06/08/2012 - 11:34 | 2507472 LULZBank
LULZBank's picture

I (we) use the word "print" loosely. Yes it means what you both said above.

Fri, 06/08/2012 - 11:34 | 2507473 Matt
Matt's picture

I think that is incorrect. As I understand it, when the US Treasury spends more than it makes, a bond is issued and the Fed auctions it off.

When the Fed wants to buy something, however, it creates new money out of thin air by pressing one of the function keys on the keyboard.

With Quantitative Easing, $2 are created for every $1 the government spends; $1 is created when a new bond is issued and sold to the Primary Dealers, and then the Fed creates another $1 when it buys the bond back from the Primary Dealers.

If this is incorrect, please explain how it is incorrect.

Fri, 06/08/2012 - 11:41 | 2507501 ElvisDog
ElvisDog's picture

It is a little murky to me as well, but here is how I understand it. The government runs a deficit and the Treasury has to issue bonds. The Fed buys those bonds with U.S. dollars that it generates out of thin air. The Fed now holds those bonds and collects interest on them. At the bond's maturity date (theoretically at least) the Treasury would pay off the bonds. So in effect, the Fed is loaning the government money on which it gets paid interest and eventually gets its money back.

Fri, 06/08/2012 - 13:43 | 2507945 Matt
Matt's picture

That would be direct monetizing of the debt and is verboten. As far as I know, the Federal Reserve Cannot buy the bonds directly from the US Treasury for some reason.

The "profits" the Federal Reserve makes, above its operating costs, are remitted to the US Treasury for use as general revenue for the following fiscal year.

Fri, 06/08/2012 - 14:27 | 2508129 pods
pods's picture

The FED has to buy them from the PDs, you know, so they get their cut.


Fri, 06/08/2012 - 10:28 | 2507127 Normalcy Bias
Normalcy Bias's picture

I can't wait to see this fraud's Nixonesque wave goodbye (complete with shit-eating grin) just as he boards Marine One for the last time this January...

Fri, 06/08/2012 - 10:26 | 2507128 DCon
DCon's picture

A full bottle of Tequila if he says "my homie Benny B" or a derivative of



Fri, 06/08/2012 - 10:37 | 2507190 Dr. Engali
Dr. Engali's picture

I drank a full bottle of Tequila once about twenty years ago..I'm still trying to figure out how I woke up in a dress.

Fri, 06/08/2012 - 10:29 | 2507132 The Big Ching-aso
The Big Ching-aso's picture



I wonder if there'll be commercial breaks for Depends.

Fri, 06/08/2012 - 10:27 | 2507133 Bansters-in-my-...
Bansters-in-my- feces's picture

Boy those pearly whites on the black dude would look Great with a boot print on them...

Fri, 06/08/2012 - 10:27 | 2507134 fuu
fuu's picture

I'm taking a shot every time he mentions a new spending program.

I'm taking a shot every time he suggests raising taxes on anyone.


Fri, 06/08/2012 - 10:30 | 2507152 Overfed
Overfed's picture

You'll be shitfaced in no time at all!! :-D

Fri, 06/08/2012 - 10:31 | 2507157 mayhem_korner
mayhem_korner's picture



You're talking scotch, not hollow tips, right? 

Fri, 06/08/2012 - 10:34 | 2507179 fuu
fuu's picture

Dalwhinnie for me today, drinking cheap.

Fri, 06/08/2012 - 10:38 | 2507201 Village Smithy
Village Smithy's picture

Where I come from Dalwhinnie is premium.

Fri, 06/08/2012 - 10:40 | 2507207 BlueCollaredOne
BlueCollaredOne's picture

Kinda a undercover brag there.  Many would not consider a 50$ bottle of scotch cheap. 



Fri, 06/08/2012 - 10:59 | 2507304 fuu
fuu's picture

As far as single malts go it is cheap. Blends are cheaper, but life is too short to waste on blended scotch.

Fri, 06/08/2012 - 11:35 | 2507446 Paul Atreides
Paul Atreides's picture

Bowmore will run you about $50 a bottle and it is a fine entry level Islay single malt, I highly recommend it for the price and it's flavours. If you want to step up a bit  at about $70 Laphroaig is mighty tasty, with great smokey peaty flavours and excellent after dinner with a fine cuban cigar.

Fri, 06/08/2012 - 11:14 | 2507384 Sauk Leader
Sauk Leader's picture

Drink Islay single malts. Campfire in a bottle.

Fri, 06/08/2012 - 11:21 | 2507418 Paul Atreides
Paul Atreides's picture

Islay is BY FAR my favorite distillery region for single malt scotch! +1 to you sir.

Fri, 06/08/2012 - 11:25 | 2507435 Sauk Leader
Sauk Leader's picture

I have a cat named Peat.

Fri, 06/08/2012 - 11:33 | 2507466 Paul Atreides
Paul Atreides's picture

I have a dog name Smokey.

Fri, 06/08/2012 - 10:34 | 2507178 Crabshacker
Crabshacker's picture

I believe it's blame game friday..

Fri, 06/08/2012 - 10:55 | 2507288 fuu
fuu's picture

Congress failed to pass:

The Jobs Plan.

Suggestions during speech:

Pass a bill to help States re-hire 400,000 layed off government employees. (1 shot for spending)

Pass a bill to hire 1,000,000 layed off construction workers for infrastructure repairs. (1 shot for spending)

Pass bill to refi mortgages to save $3000/year. (1 shot for spending)

Pass a bill giving tax breaks to Small Business Owners to hire more people. (1 shot for spending)

Fri, 06/08/2012 - 11:03 | 2507324 mayhem_korner
mayhem_korner's picture



Keep typing, fuu.  I wanna see where you go with 4 shots in you.  :)

Fri, 06/08/2012 - 11:04 | 2507332 fuu
fuu's picture

U dwwk dubw!

Fri, 06/08/2012 - 11:14 | 2507387 jamezelle
jamezelle's picture

tax breaks != more spending so scratch that last shot(unless you already took it)

Fri, 06/08/2012 - 11:38 | 2507476 fuu
fuu's picture

Tax breaks mean lower revenue. Less coming in but the same going out means more deficit spending right?

Fri, 06/08/2012 - 14:59 | 2508264 mayhem_korner
mayhem_korner's picture

Tax breaks mean lower revenue.


Not if the marginal change in the tax rate is less than the marginal change in the economic output.  This time is probably different, but cutting tax rates historically has yielded more tax revenues.

Fri, 06/08/2012 - 15:36 | 2508298 fuu
fuu's picture

I was a little too buzzed there for a bit to run it through, thanks! Plus I guess there would be more tax revenue from the new workers as well. I junked my earlier post for being lit.

Fri, 06/08/2012 - 10:29 | 2507138 youngman
youngman's picture

He will be speaking on how much money he will be saving the US taxpayer as our stronger dollar makes his wife trips cheaper to Europe...

Fri, 06/08/2012 - 10:45 | 2507237 Vince Clortho
Vince Clortho's picture

It's all about saving.  The more trips you take the more $$$$$$$ you save.

Fri, 06/08/2012 - 10:29 | 2507141 Hohum
Hohum's picture

Come on, you fools, the debt would be $15.7 trillion if McCain had been sworn in on 1/20/2009.

Fri, 06/08/2012 - 11:35 | 2507477 Caggge
Caggge's picture

Probably more than 15.7 Trillion. He would have added more wars to the mix.

Fri, 06/08/2012 - 10:30 | 2507150 cliffynator
cliffynator's picture

It must mean 10:15 Central Time.

Fri, 06/08/2012 - 10:30 | 2507153 Crabshacker
Crabshacker's picture

It's too damn early to be drinkin' already..Shit!

Fri, 06/08/2012 - 10:31 | 2507154 Dr. Engali
Dr. Engali's picture

My fellow world citizens...we are now moving on to the next phase of operation "Bring America to it's Knees". We have maneuvered troops to stratigic parts of the country and we have fema camps prepaired to recieve "refugees". You will witness some spectaciular explosions throughout the country for your viewing pleasure . The disarmament of the American citizens will begin shortly.....please stay tuned for a word from our sponsors.

Fri, 06/08/2012 - 11:08 | 2507204 krispkritter
krispkritter's picture

And unlike the FLOTUS, this sucker's going 'all the way down'...

Speaking of sponsors, anyone else see the 'Become a Gunsmith' ad on this page with the Polish handgun? Priceless...


Fri, 06/08/2012 - 10:31 | 2507160 marcusfenix
marcusfenix's picture

so...anybody bring a deck of cards?


Fri, 06/08/2012 - 10:31 | 2507164 Seasmoke
Seasmoke's picture

I have eaten my peas and bought my thingamajig, so now I wait for Obama to tell me what I need to do next to save the country.

Fri, 06/08/2012 - 10:32 | 2507165 WoodMizer
WoodMizer's picture


I would wager that 1/3 of the american people can't read that number out loud.

It takes more time to say than the average citizen spends thinking about the National Debt in an entire year. 

Fri, 06/08/2012 - 10:40 | 2507203 SoNH80
SoNH80's picture

Fifteen trillion, seven hundred and thirty-four billion, five hundred and ninety-six million, five hundred and seventy-eight thousand, four hundred and fifty-eight dollars and fifty-nine CENTS!  Whoo!  The 59 cents is for a red grease pencil at the U.S.D.A. field office in Keokuk, Iowa.

BHO's political prospects are looking worse by the day.  People are realizing that smarmy Harvard wankers are interchangable, and Romney would perform a service by cranking up things to "11".  Lance the boil.

Fri, 06/08/2012 - 11:11 | 2507371 farmerjohn2112
farmerjohn2112's picture

Technically, incorrect - 'and' is only spoken to demarcate a decimal point:

Fifteen trillion, seven hundred thirty-four billion, five hundred ninety-six million, five hundred seventy-eight thousand, four hundred fifty-eight dollars AND fifty-nine cents.

Fri, 06/08/2012 - 13:53 | 2507985 spdrdr
spdrdr's picture

This all depends upon which variation of the English language one speaks - the original, or the battered and bruised colonial bastardisation of said language as practiced in the USA.

The awesome arrogance of US Citizenism is evident once more!

Fri, 06/08/2012 - 14:05 | 2508028 SoNH80
SoNH80's picture

I'm from Eastern New England, I suppose that I'm closer to the source of the Mother Tongue in more ways than one!

One thing that I find odd in modern British English is the tendency to use plural verb forms for a collective, e.g. "England have played well at Euro 2012".  But hey, who I am to judge, as you point out....

Fri, 06/08/2012 - 10:55 | 2507286 crawldaddy
crawldaddy's picture

so, who cares,  as you point out it s absurdly out of control, so... There is nothing that can be done, money isnt real, its a concept, Its a game.

Here is what you miss.

Its like the old joke, two guys running from a bear, one says to the other, we are never going to out run this bear, the other guy says I know, Im just trying to outrun you.

That is where we are, as long as the US is the best of the dipshits, we are OK for the time being.

Yeah it all collapses in the end, but so what, we all knew this, this society is not sustainable, never was.  You act like we had a second earth in our back pocket or something.

Worrya bout lack of clean water, worry about pollution, they are real, money and debt are but a man made concept.

Do NOT follow this link or you will be banned from the site!