• Sprott Money
    05/06/2016 - 06:03
    The US, in its own decline, is showing this same self-destructive tendency. The worse things get, the greater the inclination of the citizenry to say, “Carry on, everything’s fine.”

Obama Discusses The Economy, Jobs, And Other Stuff - Live Webcast

Tyler Durden's picture


Today's "do a shot" keywords of choice: "jobs", "congress", "economy", "fair", "speculators", "pass this bill", "cash for clunkers", "Stuxnet", "Solyndra" and "sugar drinks". Obviously, if we have any readers left alive after this sermon, it will be a victory for the bulls.

Live webcast:

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Fri, 06/01/2012 - 13:07 | 2484740 Ahmeexnal
Ahmeexnal's picture


Fri, 06/01/2012 - 13:10 | 2484757 slaughterer
slaughterer's picture

Comments on the "wallpaper people" behind O are mandatory here to fully enjoy the event. 

Fri, 06/01/2012 - 13:12 | 2484768 I think I need ...
I think I need to buy a gun's picture

he's in "golden" valley MN.....any chance?

Fri, 06/01/2012 - 13:17 | 2484807 Manthong
Manthong's picture

Hail to the thief.

I'm going to shoot my little round thermostat.

Fri, 06/01/2012 - 13:22 | 2484841 Matt
Matt's picture

diversity fail. no asians or latinos in the immediate background. Also older looking crown, not enough young people.

Fri, 06/01/2012 - 13:32 | 2484907 BLOTTO
BLOTTO's picture

'The car manufactoring industry has come roaring back?'

Pardon me?

YEa - Ask the GM workers from the plant in Ontario whos CAW President has just announced this afternoon to his membership that 2,000 jobs are being axed in June 2013.

They are cancelling the Equinox and Impala lines.

Thanks to Tyler and ZH for showing us the real numbers and how all that GM stuffing manipulation/perversion works.


Fri, 06/01/2012 - 13:45 | 2484999 Mr Lennon Hendrix
Mr Lennon Hendrix's picture

WHO NEEDS MONEY!!!!!!!!!!!!!!!!!

- The President of the United States of America, Barrack H. Obama, June 1st, 2012

Fri, 06/01/2012 - 14:50 | 2485332 Gigantor
Gigantor's picture

Had to give you a Red Arrow down, BLOTTO. 

What you said was incorrect. They will be shuttering some, if not all production in the Oshwa plant, that is true. But the Equinox and Impala lines are not being "cancelled". Those two vehicles will have their production transfered to flex plants in the U.S. Most likely Hamtramack (Spelling?) and the Equinox is being transfered to Spring Hill.

You can thank a not so kind exchange rate as well as the plant itself being dated/non Flex.

There is still an over-capacity problem, especially in Europe (that will eventually become a bloodbath), it isn't as bad as it once was but there will be some more consolidation up ahead for all manufactures around the globe.


But I'm totally with you on thanking ZH for cutting through the channel stuffing and inventory B.S. It's fun when you get to peak behind the curtain.

Fri, 06/01/2012 - 13:43 | 2484985 Whoa Dammit
Whoa Dammit's picture

Is the gray haired guy on O's right Elmer Fudd?

Sat, 06/02/2012 - 00:05 | 2486760 A Nanny Moose
A Nanny Moose's picture

Be vawy vawy qwiet. Tha Pwesident is speaking.

Fri, 06/01/2012 - 20:43 | 2486498 John Wilmot
John Wilmot's picture

They're busy working their third job at McDonald's to pay their 200k school loans for their communication degrees (minored in Twitter).

Fri, 06/01/2012 - 14:42 | 2485296 Common_Cents22
Common_Cents22's picture

I am 15 mi away from golden valley and could smell the bullshit from here.

Fri, 06/01/2012 - 13:16 | 2484799 brewing
brewing's picture

"fuck, i skipped my lunch break for this"...

Fri, 06/01/2012 - 14:42 | 2484827 Shocker
Shocker's picture

Yup, Good work.

The number that are reported are what they are. We know the economy is weak but what can be done to turn it around?



Fri, 06/01/2012 - 13:21 | 2484830 slaughterer
slaughterer's picture

A little light humor..

some remarks about football...

praise for the "outstanding senators"--"outstanding congressional delegation"

all "in the house"...

some wise-guy chuckles

some stories about "folks" he has talked about the "tough economy"

UH oH,

he just said "jobs" twice...

I am startign to get Zucked up!


Fri, 06/01/2012 - 13:37 | 2484950 AlaricBalth
AlaricBalth's picture

The interest on national debt that Americans will pay for generations to come is nothing compared to how much laughter will be generated by teaching Obamanomics at the Harvard Business School.

Fri, 06/01/2012 - 13:18 | 2484812 gatorengineer
gatorengineer's picture

he's missing asian wall decor... Also no Bhurka background

Fri, 06/01/2012 - 13:23 | 2484853 pods
pods's picture

Love the guy with the 'merican flag shirt on.  Dude must drink budweiser and shit apple pie!


Fri, 06/01/2012 - 13:44 | 2484990 Sauk Leader
Sauk Leader's picture

I am sure he got made fun of. Who wears the shirt of the band you are going to see.

Fri, 06/01/2012 - 13:22 | 2484855 slaughterer
slaughterer's picture

Dude on the right with the blue T-shirt and the big buckle looks like a CIA plant...

Fri, 06/01/2012 - 13:35 | 2484931 oddjob
oddjob's picture

Anderson Cooper is there?

Fri, 06/01/2012 - 13:23 | 2484856 BandGap
BandGap's picture

They act like zoo seals waiting for a fish!

Fri, 06/01/2012 - 13:34 | 2484921 RSloane
RSloane's picture

They -are- zoo seals waiting for a fish.

Fri, 06/01/2012 - 14:13 | 2485127 NotApplicable
NotApplicable's picture

Just wait until he steals their bucket instead!


Fri, 06/01/2012 - 20:46 | 2486504 John Wilmot
John Wilmot's picture

If I imagine Cleveland from family guy speaking those words, does that make me a racisss?

Fri, 06/01/2012 - 13:46 | 2485000 Sauk Leader
Sauk Leader's picture

Why are the bleachers not leaning to the left with the 2 female linebackers all the way over there.

Fri, 06/01/2012 - 13:29 | 2484888 JohnKozac
JohnKozac's picture

is that short guy Corzine clapping in the background?

Fri, 06/01/2012 - 13:31 | 2484903 Poetic injustice
Poetic injustice's picture

Sorry, I already passed out last time.

Fri, 06/01/2012 - 13:42 | 2484981 The Axe
The Axe's picture

The most quiet down 300 point day EVER!!!

Fri, 06/01/2012 - 13:21 | 2484774 AlaricBalth
AlaricBalth's picture

I would rather watch paint dry than listen to the Pres bloviate about that which he has no clue.

Fri, 06/01/2012 - 13:24 | 2484859 pods
pods's picture

I would rather watch you watch paint dry than listen to him.

Fri, 06/01/2012 - 14:16 | 2485139 NotApplicable
NotApplicable's picture

Do you realize you're insinuating that AlaricBalth is even less intersting than drying paint with that comment? ;-)

Fri, 06/01/2012 - 14:32 | 2485250 SWCroaker
SWCroaker's picture

He meant well.  Was just bein' honest..

Fri, 06/01/2012 - 13:26 | 2484867 XitSam
XitSam's picture

They were chanting "4 more years".  I think 12 years of the Bush policies would be enough.

Fri, 06/01/2012 - 13:40 | 2484972 BlueCollaredOne
BlueCollaredOne's picture

Bilderberg Live Stream

A much more interesting webcast

Fri, 06/01/2012 - 14:17 | 2485147 NotApplicable
NotApplicable's picture

So... did Soros moon the camera again?

Fri, 06/01/2012 - 13:26 | 2484864 williambanzai7
williambanzai7's picture


Fri, 06/01/2012 - 13:30 | 2484904 ebworthen
ebworthen's picture


Sad thing is Romney has that same model toilet.

Both got it as a campaign contribution from Wall Street, gold plated and installed for free.

Fri, 06/01/2012 - 13:41 | 2484976 Matt
Matt's picture

Having programs to convert military skills into civilian certifications actually makes sense. We'll see how the actual implementation goes, but it's hard to argue that if someone is a combat medic, they should be able to transfer into being an EMT without having to start from the beginning again.

Fri, 06/01/2012 - 14:06 | 2485087 pods
pods's picture

That would work for MPs too.  Of course, seems to be no shortage of jack boots in my neck of the woods.

Fri, 06/01/2012 - 14:28 | 2485227 UP Forester
UP Forester's picture

And yet, the largest segment of the military are, and will be, combat forces.

So, can he tell us how killing people and breaking shit translates to any civilian jobs other than Krugman's window breakers?

Fri, 06/01/2012 - 17:52 | 2486124 spdrdr
spdrdr's picture

Nightclub bouncers, maybe?

Fri, 06/01/2012 - 15:28 | 2485508 ebworthen
ebworthen's picture

And no coincidence that the J.P. Morgue is actively recruiting combat veterans.

Fri, 06/01/2012 - 13:39 | 2484912 xtop23
xtop23's picture

 Things are bad, let's spend MORE money !??

 That is the solution !!??


 And here I was worried about a Minsky Moment silly me.


Fri, 06/01/2012 - 13:40 | 2484969 SHEEPFUKKER

10 shots for the word muppets. 

Fri, 06/01/2012 - 13:44 | 2484979 vast-dom
vast-dom's picture

gambit: if vets aren't hired they will be firing on the front lines in the domestic apocalypse that's now being signaled by the markets today....


i'm losing brain cells at accelerated rate listening to this preacher-man oh my this is some dumb shit....god bless you god bless american home of the shitshow! 

Fri, 06/01/2012 - 14:12 | 2485123 masterinchancery
masterinchancery's picture

The story of O, enough to make a strong man puke.

Fri, 06/01/2012 - 13:08 | 2484746 drink or die
drink or die's picture

I've been training my whole life for this!

Fri, 06/01/2012 - 13:11 | 2484760 bdc63
bdc63's picture

I've got a Fresca in hand right now, but I'll keep track and make up for it tonight ...

Fri, 06/01/2012 - 13:14 | 2484771 Cognitive Dissonance
Cognitive Dissonance's picture

I'll see your Fresca and raise you a Tab.

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