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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dbomb12's picture

But you have to admit, he knows how to play a good game of golf all at our expense

junkyardjack's picture

Markets don't care...

Shizzmoney's picture

Rich people like Buffett and Dimon who give to Obama's campaign calling him up:

"What the FUCK are you doing?  Don't tell the people we are doing fine!  Tell them we need more tax breaks, stimulus, bailouts, and QE3!"

LawsofPhysics's picture

Tell buffet to wake   the     fuck      up.    ZIRP  is QE!!!  No interest means no cost for capital creation you bath-tub prognosticating moron.  What is even better is negative bond yields means bond holders are actually paying the givernment and financial fucks (a.k.a. the FED and all CBs) to PRINT.

All your 401k is belong to us!

williambanzai7's picture

Made in China, assembled in USA...


SilverTree's picture

Can you do one with Mr. Whipple?

Don't squeeze the banknotes"

Dr. Engali's picture

Let me be clear.......Mr. Potushead is the funniest thing I've seen all day.


Are you sure it's not made in Kenya?

iDealMeat's picture

Change it to: "Designed in California"

dbomb12's picture

Now that's just downright racist, and an insult to the original Mr. Potatohead

Jena's picture

Is that a little shovel he's holding?

slewie the pi-rat's picture

not quite ready for the plastic tongue? 

macholatte's picture

How about "Made in Kenya"

Re-Invented in USA

LawsofPhysics's picture

In another strange coincidence, the backers of Romney's campaign are the same entities, corporations, and financiers that got Obama elected in 2008.   

Got physical?  You better, because I don't see Romeny letting any banks or financial "job creators" on wall street go bust and with negative interest rates on bonds not far off (already on TIPS) the people's retirement plans are paying off that debt.  FAIL.

Ron Paul 2012.  

DosZap's picture

In another strange coincidence, the backers of Romney's campaign are the same entities, corporations, and financiers that got Obama elected in 2008.   




This is SOP,been this way for every election since I have been around, and thats a lot.

To put it a better way, its CYA, and they are doing it to both parties.

Bank it.

Assetman's picture

But trust me... the economy WILL be fine if we just spend more money today in exchange for a "glide path" toward less spending tomorrow.

Wimpy would be so proud.


Olympia's picture

The end of the world is near... The ten plagues of Pharaoh “have been brought upon” the USA.

From the Wall Street Crash of 1929 to the Global Financial Crisis of 2007



It is the absolute tragedy for the USA. The former illegal immigrants had become the masters of their land; the ultimate masters. The people who wanted to collaborate with the Jews to become “Pharaohs” had the same bad luck. The greedy “locust” of the Asiatic desert swapped the USA and left absolutely nothing standing. The formerly rich people of the New World have been drained of their money to such a degree that they have passed the point of poverty and are headed towards starvation. The Americans now experience desperation and trust in God. Poor and hungry people gather around the fire to warm and cast their eyes up to heaven as their last hope. These are the former planet leaders...

Authored by Panagiotis Traianou

LouisDega's picture

The end of the world is near? Why didnt Toyota let me know this? I have an oil change appointment for next week. 

bob_dabolina's picture

Romney up 1% over Obama in Michigan?

I didn't think that was possible.

midgetrannyporn's picture

The polls lie. Obama will win re-election.

dbomb12's picture

Thats because all the democrats abandoned the state

Temporalist's picture

This is extra funny because:

Romney Says Obama ‘Out of Touch’ on Strength of Economy


Snakeeyes's picture

Here is my Fox interview on housing (I was on AFTER Peter Schiff). LOL!

I have linked this to me my comments on Obama's disastrous speech this morning.



ZeroPoint's picture

Yeah, maybe he can strengthen it with another free trade deal with Nepal, Angola, or whatever god forsaken hell hole is lined up to take American jobs.

Obama may come clean, but it always lands on YOUR face.

Hedgetard55's picture

And it wasn't his peeps that leaked about STUXNET either.

Spigot's picture

These "slips" and "tells" are going to become so common that even a moron could see we are doomed. Peeps, you'd better get ready. The big O just said" "American can withstand shocks from Europe". and "Greece will need to endure more pain.", and "American will support Europe." Official denial. Now you know 1) Europe is failing soon, 2) American will be stuffed by same, 3) Greece is the ignition point and 4) Its every economy for itself...

JohnKozac's picture

"Mitt Zombie will win," my neighbor says. "He has a stronger chin."


So there!

Jena's picture

So long as there are standards...

Dermasolarapaterraphatrima's picture

I'll be a Monkey's Uncle! What a great rating system your neighbor has, John...the size of the....chin.....

So size DOES matter!

skepticCarl's picture

It's good strategy for Obama himself to highlight the lousy economy, as it blunts Romney's message.  Mitten's attacks will sound like whiny, old news. Watch, it will be Obama running against Wall Street, turning the tables on Mitt, even though Obama will receive record amounts of FRN's from that den of thieves.

DaveyJones's picture

my thoughts too. It's almost as if..... it's all one big dishonest game where they make you think the parties are different  and that we are not the common enemy to suck dry. - every leader will get exponentially worse until the place blows.

Rastamon's picture





uhoh .... looks like someone is bucking for more QE


he also knows that all of his failure is about to be condensed and reach critical mass into the next fews months of trading and it will allllllllll be under the corporatist media's scrutiny.


helloooooooo President Etch-a-Sketch

dark pools of soros's picture

as long as India becomes part of the USA then he has a great jobs program

GeezerGeek's picture

I've waited so long for the H1B program to end.

magpie's picture

If everything is fine, there would be no one to blame.

TWSceptic's picture

How do I get images to show up here? <img> doesn't work.


Thanks for junking me, now care to explain?

slewie the pi-rat's picture

 <-----<  No

 <-----< fuk no, BiCh!