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.

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Peter K's picture

Obama addresses the Economy?

What could go wrong:))))

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.  

mayhem_korner's picture



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

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.

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.


Kayman's picture

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

narapoiddyslexia's picture

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


Did he just say that????

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"

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.

Stoploss's picture

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

The only exception is the golf course.

redpill's picture

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

smlbizman's picture

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

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 ?

krispkritter's picture

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


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

Peter K's picture

You sound like Barry's typical white grandmother :)

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.

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.

The Big Ching-aso's picture



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

Paul Atreides's picture

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

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.

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....

xtop23's picture

Then we get Biden.

Is that really what you want?

AlaricBalth's picture

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

LongSoupLine's picture




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

Stoploss's picture

Yes, but does he follow them?

CrimsonAvenger's picture

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

madmax1965's picture

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

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
Overfed's picture

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

Kayman's picture

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


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? 

kridkrid's picture

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

johnQpublic's picture

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

kridkrid's picture

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

mick_richfield's picture

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

Like .. what job.

slaughterer's picture

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

Dr. Richard Head's picture

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

Stoploss's picture

Now we know "short term" is four years.

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.

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. 

battle axe's picture

Dow plunges 2000 points....

Dr. Engali's picture

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

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?   

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. 

taniquetil's picture

Is wanting to buy a watchamacallit now a dissident belief?

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...