Obama Comes Clean

Tyler Durden's picture


In a strange coincidence, President Obama, as reported by Bloomberg, just followed Mario Monti's new normal and 'came clean' about the real state of the economy, following his earlier snafu:


The President went on to say that he knows the economy "needs to be strengthened" while clinging to his basic belief that there has been some momentum. Is 'truth' the new 'lie'? Or did hope and change just change on less hope?

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Fri, 06/08/2012 - 16:05 | 2508500 azzhatter
azzhatter's picture

Chewbacca must have beat the shit out of him

Fri, 06/08/2012 - 16:38 | 2508640 IndicaTive
IndicaTive's picture

Give Obama a break. He just seasonally adjusted his statement and revised it downward a bit.

Fri, 06/08/2012 - 17:05 | 2508746 GeezerGeek
GeezerGeek's picture

Probably because of the rapid-response ridicule from his opponents, Clinton and Romney.

Fri, 06/08/2012 - 18:20 | 2508969 magpie
magpie's picture

In a way, i have found Clinton sympathetic. He combines the high browed intellectual and the backhanded saboteur nicely.

Sat, 06/09/2012 - 16:44 | 2510901 Ookspay
Ookspay's picture


Ah Bill Clinton, the gift that keeps on giving... If he keeps knee cappin' BO like this, Hillary just might give him his dick back!

Fri, 06/08/2012 - 16:24 | 2508580 DaveyJones
DaveyJones's picture

"is there truth in the new lie?"

no, but there's lies in the new truth

Fri, 06/08/2012 - 17:06 | 2508747 GeezerGeek
GeezerGeek's picture

...and there lies the truth

Fri, 06/08/2012 - 17:56 | 2508901 tiger
tiger's picture

They're doing a brainwasher truth/lie mix: Europe is in deep sh*t thus Europe needs more Europe

Fri, 06/08/2012 - 17:00 | 2508729 valley chick
valley chick's picture

IMO, anything said today by obummer is merely a headfake to help the EU and the "market" buy some time on a Friday.  Back to plans of plans of meetings and summits...wash, rinse, repeat.

Fri, 06/08/2012 - 18:48 | 2509081 lakecity55
lakecity55's picture

Hillary is playing around with the teleprompter.

Slick is sending phony stuff in over his Crackberry.


Fri, 06/08/2012 - 19:00 | 2509106 Ookspay
Ookspay's picture

Dude, I'm not as think as you stoned I am!

"We try to ignore Obama's whiteness, but it's there"

Fri, 06/08/2012 - 21:22 | 2509404 Ray1968
Ray1968's picture

I need some of that Choom. Don't Bogart.

Sat, 06/09/2012 - 08:44 | 2509965 RiverRoad
RiverRoad's picture

Everything's fine on the million dollar lecture circuit that he can't wait to jump on; that's why he grabbed the job, don't cha know.

Fri, 06/08/2012 - 15:58 | 2508452 GeneMarchbanks
GeneMarchbanks's picture

Whatever. Anyone see Keiser go apeshit on Greek TV?

Fri, 06/08/2012 - 16:00 | 2508467 SilverTree
SilverTree's picture


Fri, 06/08/2012 - 16:10 | 2508495 SilverTree
Fri, 06/08/2012 - 19:10 | 2509135 John Bigboote
John Bigboote's picture

Both YouTube videos linked above (in succession) comprise a brilliant exchange between Max Keiser and Hugo Salinas Price. Everyone should watch this.

Sat, 06/09/2012 - 05:10 | 2509834 Jendrzejczyk
Jendrzejczyk's picture

RATS! Tried to sneak past 'em, but you caught me.

Fri, 06/08/2012 - 16:20 | 2508561 DosZap
DosZap's picture

Is 'truth' the new 'lie'? Or did hope and change just change on less hope?

No its called SUCKING UP.

Clarify his remarks, is just his way of saying let me lie a different way.

Way past time to try and BS EVEN the sheeple.............we are living it.

Fri, 06/08/2012 - 15:59 | 2508459 Jason T
Jason T's picture

Folders coffee sales volume down 8% ... Jif Peanut Butter down some 25% ..volume.  But them profits are up at Smucker.  So yes, private sector is doing just fine but average joe can no longer afford a cup of joe.  

Fri, 06/08/2012 - 16:27 | 2508598 dbomb12
dbomb12's picture

From realUNclearpolitics.com

President Obama:

The truth of the matter is that, as I said, we created 4.3 million jobs over the last 27 months, over 800,000 just this year alone.

The private sector is doing fine. Where we're seeing weaknesses in our economy have to do with state and local government.

So, its the state and local government at fault this time

Fri, 06/08/2012 - 17:16 | 2508786 GeezerGeek
GeezerGeek's picture

I don't know where that 4.3 million figure comes from, but at least he managed to help the private sector by adding approximately six times that many people to the food stamp program. That's Nancy Pelosi's kind of economic progress.

Fri, 06/08/2012 - 20:45 | 2509346 A Nanny Moose
A Nanny Moose's picture

Enron accounting. In fact Enron learned it from the Government.

Fri, 06/08/2012 - 15:59 | 2508460 sessinpo
sessinpo's picture

Coming clean? Funny. It still seems like BO to me.

Fri, 06/08/2012 - 17:07 | 2508752 Lucky Guesst
Lucky Guesst's picture

and BS... they are one in the same right?

Fri, 06/08/2012 - 15:59 | 2508463 SilverTree
SilverTree's picture

We are so fucked.

Fri, 06/08/2012 - 15:59 | 2508464 The Swedish Chef
The Swedish Chef's picture

So there might be QE before elections after all...

Fri, 06/08/2012 - 16:01 | 2508480 SilverTree
SilverTree's picture

Some say they are QE-ing already.

Fri, 06/08/2012 - 18:16 | 2508954 Treeplanter
Treeplanter's picture

When S&P hits 1225.  Load up on junior miners.

Fri, 06/08/2012 - 16:00 | 2508466 Au_Ag_CuPbCu
Au_Ag_CuPbCu's picture

So it took that moron 3 1/2 years to figure out that the economy is not fine?

Fri, 06/08/2012 - 16:01 | 2508479 sessinpo
sessinpo's picture

Figure out? No. To change his economic message and re-election strategy? Yes.

Fri, 06/08/2012 - 19:02 | 2509112 CaptainObvious
CaptainObvious's picture

Nah, he knew it right off the bat.  It just took him that long to reprogram the teleprompter.

Sat, 06/09/2012 - 07:25 | 2509898 Sudden Debt
Sudden Debt's picture

he figured it out when he looked at his campaign contribution revenue...
need... more.... contributions.... to bomb the slaves with propaganda....

Fri, 06/08/2012 - 16:00 | 2508468 MeanReversion
MeanReversion's picture

This is Obama's way of pleading for the Ben Bernank to deliver a shot of QE.

Fri, 06/08/2012 - 16:29 | 2508605 slewie the pi-rat
slewie the pi-rat's picture

slewie thinks it already FED-pre-approved, but only within strict limits

he is gonna send everbuddy a fuking check or i'm not a pi-rat named slewie

it will only be $1000 and it will be bi-partisan, amounting to a coupla/fewHunnyBil, TOPS which will hafta be borrowed but may not hafta be printed, in this market for safe investments

now maybe he can get more thru theCongo;  he started at $3000 and has some pretty good negotiating skills;  but i think at least $1000 and you can still vote for anybody ya want!

this is a fabulous fiscal foray and zH should support this asinine xtra portion0'alpo2thePeople, which is actually a holdingCompany kick-back based on the low/neg zirpRates, ok? 

we ate the fuking peas;  now pay us, you shithead!

Fri, 06/08/2012 - 17:26 | 2508815 GeezerGeek
GeezerGeek's picture

This is a bad sign for Obama supporters, because offering $1000 to each person is exactly what George McGovern suggested in January, 1972 (give or take a month or two). The only reference I could find was this anti-McGovern ad from the 1972 campaign. http://www.livingroomcandidate.org/commercials/1972/mcgovern-turnaround

McGovern, of course, got swamped by Richard Nixon. As I watched the ad (I am old enough to have seen it on TV) I was reminded that flip-flopping by politicians is a gift that keeps on giving, even in this new millenium.

Adjusted for inflation, $1000 now is far less than it was in 1972, making Obama a world-class piker as far as promises go. I hope he decides soon: is he a reincarnation of Jimmy Carter or of George McGovern?

Fri, 06/08/2012 - 17:41 | 2508868 francis_sawyer
francis_sawyer's picture

Niggaz is da same from Watts 2 Brooklyn



Fri, 06/08/2012 - 18:21 | 2508972 Treeplanter
Treeplanter's picture

But thanks to the word's shameful history only assholes use it.

Fri, 06/08/2012 - 18:45 | 2509073 francis_sawyer
francis_sawyer's picture

Wasn't my WORD 'treeplanter'... it was COOLIO's...

(by the way... how many TREES did you plant this week)?

Fri, 06/08/2012 - 19:03 | 2509114 CaptainObvious
CaptainObvious's picture

I betcha not as many as he hugged.

Fri, 06/08/2012 - 19:26 | 2509145 slewie the pi-rat
slewie the pi-rat's picture

by the time that '72 election came around, i'd been back from 'nam for almost two years and had the family and busuiness and careers thing started;  college grad;  graduate degree;  veteran w/ honorable; 26 y.o.

are you over 40? 

no one much over 40 would try to make such a clueless "point" imo;  i'm talking about CHECKS which clear the banks, not some fuking campaign bullshit, son

the last check mailed were from gBush, weren't they?  or are you too young for that, too?

if you really are a geezer:  try removing yer head from yer ass pretty soon, ok?

Fri, 06/08/2012 - 16:00 | 2508470 Ima anal sphincter
Ima anal sphincter's picture

Did-cha ever let a fart out at an inopportune time?

Fri, 06/08/2012 - 16:02 | 2508489 Sabibaby
Sabibaby's picture

or even a wet one?

Fri, 06/08/2012 - 16:56 | 2508709 New_Meat
New_Meat's picture

y'know, the "anal sphincter" is actually the perfect valve.  It can pass gas, liquid, and solid phase material in a variety of chemical and biological configurations that corrode lesser materials.

But, well, "inopportune moments" mean it isn't perfect.

- Ned

Fri, 06/08/2012 - 16:00 | 2508473 world_debt_slave
world_debt_slave's picture

I guess O's tongue got tired of lying all the time and the truth just slipped out

Fri, 06/08/2012 - 17:30 | 2508828 GeezerGeek
GeezerGeek's picture

Maybe TOTUS turned to the dark, er, Clinton side.

Fri, 06/08/2012 - 19:22 | 2509164 slewie the pi-rat
slewie the pi-rat's picture


we're pretty clear now that you are here as a republicunt operative

  1. ty for joining zH and caring about getting past the bullshit (sarc)
  2. you can go, now;  we know you are gonna be "anti-socialism" already!
Fri, 06/08/2012 - 16:01 | 2508474 barliman
barliman's picture


Some Presidents have had bad days

Some President have had bad weeks

Some Presidents have had bad months

No President has ever worked SO HARD and SO LONG to prove beyond a shadow of a doubt that he is a SCOAMF.



Fri, 06/08/2012 - 16:10 | 2508520 Sabibaby
Sabibaby's picture

Hilarious -> http://www.youtube.com/watch?v=PbzSi0LTu0s  


Hitler Finds Out Obama Is A Stuttering Clusterfuck Of A Miserable Failure


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