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Obama Discusses Escalation Of Chinese Trade War: Live Webcast

Tyler Durden's picture




 

Earlier, we noted that Obama is about to take the trade war with China on car duties to a whole new level, be decrying "unfair" Chinese trade duties (which in turn were implemented only in response to US tire tariffs imposed in 2009 but you won 't hear about that). Now watch the president live from Ohio, telling his unionized voters precisely what they want to hear.

 

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Thu, 07/05/2012 - 12:05 | 2589156 drink or die
drink or die's picture

Gotta have someone to blame.

Thu, 07/05/2012 - 12:20 | 2589203 Harlequin001
Harlequin001's picture

In one word, 'despicable'...

Thu, 07/05/2012 - 12:26 | 2589217 Harlequin001
Harlequin001's picture

'and we're dealing with problems that developed over decades, and they aren't going to be changed overnight'...

Oh really, just watch this space MrPresident, 'cos when the real solution finally presents itself, it will literally be 'over night'...

as if you didn't know...

Thu, 07/05/2012 - 12:42 | 2589289 Popo
Popo's picture

I missed the beginning.  Did he address the union as "Comrades"?

Thu, 07/05/2012 - 12:06 | 2589162 Dr. Engali
Dr. Engali's picture

So what comment are we drinking shots to Tyler?

Thu, 07/05/2012 - 12:08 | 2589166 drink or die
drink or die's picture

If you aren't already hungover from yesterday, you are a bad American.

Thu, 07/05/2012 - 12:12 | 2589173 Dr. Engali
Dr. Engali's picture

I did my patriotic American duty and supported the Irish beer making guild as well as the Canadian whiskey industry  . A little hair of the dog never hurts though.

Thu, 07/05/2012 - 12:18 | 2589192 TrainWreck1
TrainWreck1's picture

He is starting to sweat profusely, it's only 88F ya wimp.

In other news, the USPS released an artists conception of a 2013 tax-day mailbox if Obama gets reelected:

http://twitter.com/TMcKay9/status/219420148736602112

 

Thu, 07/05/2012 - 12:51 | 2589338 ParkAveFlasher
ParkAveFlasher's picture

The USPS will be defunct by 2013.  No worries, the IRS has your account numbers.

Thu, 07/05/2012 - 12:51 | 2589335 ebworthen
ebworthen's picture

"Change" = 1 shot

"Hope" = 2 shots

"Right Now" = 3 shots

"Fair" = 4 shots

"Joe Biden" = just finish the bottle

Thu, 07/05/2012 - 12:09 | 2589163 Mercury
Mercury's picture

Better reception here.

Thu, 07/05/2012 - 12:08 | 2589165 TrainWreck1
TrainWreck1's picture

Responsibility, hard work, crap I'll be blotto in no time...

Thu, 07/05/2012 - 12:10 | 2589172 insanelysane
insanelysane's picture

SHARED responsibility

Thu, 07/05/2012 - 12:08 | 2589168 DogSlime
DogSlime's picture

Trade Wars - Underway

Currency Wars - On the way (already started in some cases)

World War - Surely not.  This time is different... right?

 

Thu, 07/05/2012 - 12:09 | 2589171 francis_sawyer
francis_sawyer's picture

Choom Wagon Exports bitchez!

Thu, 07/05/2012 - 12:42 | 2589292 tarsubil
tarsubil's picture

Oh the drama! I wonder if something will come of it! /sarc

Thu, 07/05/2012 - 13:35 | 2589502 _ConanTheLibert...
_ConanTheLibertarian_'s picture

I hope O'Soetoro gets exposed

Thu, 07/05/2012 - 12:18 | 2589195 Long-John-Silver
Long-John-Silver's picture

GM Dealers have run out of Channel Stuffing room in America. Now they need to Channel Stuff all China.

Thu, 07/05/2012 - 12:21 | 2589206 fuu
fuu's picture

You are going to summon the Fischer with that.

Thu, 07/05/2012 - 12:18 | 2589197 Dr. Engali
Dr. Engali's picture

He's talking about thingamajig money.

Thu, 07/05/2012 - 12:23 | 2589210 Everybodys All ...
Everybodys All American's picture

I distinctly remember this same trade talk four years ago and nothing ever came from it except it got the current president elected. Will it work again this time? I'm betting it will and that is all you should expect. Obama gets re-elected and you have the status quo. China will still mfg nearly everything and we will still not attempt to bring jobs back to this country.

Thu, 07/05/2012 - 13:31 | 2589212 Bartanist
Bartanist's picture

Wow he has brought lying to an all-time high level.

Does he not realize that he has a record that can easily be verified?

He is acting as if he is the unknown that he was 4 years ago. Fool me once .. yada yada.

Thu, 07/05/2012 - 12:24 | 2589215 djsmps
djsmps's picture

I can't stand to listen to him anymore.

Thu, 07/05/2012 - 12:31 | 2589241 magpie
magpie's picture

As a true sinophobe he could be handing out free tickets to the prescreening of Red Dawn 2 

Thu, 07/05/2012 - 12:35 | 2589249 RobotTrader
RobotTrader's picture

Another distraction to keep focus off of weak jobs.

Thu, 07/05/2012 - 12:52 | 2589343 ParkAveFlasher
ParkAveFlasher's picture

wtf?

Thu, 07/05/2012 - 12:34 | 2589254 digalert
digalert's picture

Isn't Government Motors (GM) moving Cadillac manufacturing to China?

GM's big plans for China:

http://content.usatoday.com/communities/driveon/post/2012/04/gm-general-...

 

 

Thu, 07/05/2012 - 12:36 | 2589259 reader2010
reader2010's picture

Obermer needs some free-passes offered by many Chinese whore houses. Yeah! Freedom, and Freedom!

Thu, 07/05/2012 - 12:38 | 2589266 marcusfenix
marcusfenix's picture

ObamaRomney 2012...

no hope

no change

no difference

no choice

and really, no reason to vote.

and that crowd chanting "4 more years" well they need not worry cause either way, there are going to get exactly that.

Thu, 07/05/2012 - 12:43 | 2589293 Ms. Erable
Ms. Erable's picture

Yeah - 4 more years of Chains You Can Bereave In.

Thu, 07/05/2012 - 12:47 | 2589317 ebworthen
ebworthen's picture

FAIL

Thu, 07/05/2012 - 12:58 | 2589373 MFL8240
MFL8240's picture

Clown man!

Thu, 07/05/2012 - 13:29 | 2589485 BeetleBailey
BeetleBailey's picture

O'Cuntus is once again, blaming someone else. Why ANYONE would support this fraud of a human being is beyond me.

WAIT! There are plenty of idiotic imbeciles out there that are completely devoid of logic, reason, and independent thought; THOSE are the chumps who support O'Cuntbag.

Thu, 07/05/2012 - 19:54 | 2590554 Jake88
Jake88's picture

I love the photo of obuma that Tyler uses with these posts. He looks like the idiot bobblehead that he is.

Thu, 07/05/2012 - 20:20 | 2590601 Sparkey
Sparkey's picture

What no one seems to recognize is that China Inc. has become the richest company on Earth by selling cheap, we, by nature and culture, want to fight to keep our "privilidges" even when the battle for privilidge will deprive us of food for our tables, there is some error of logic here, some cultural inculcation driving us, like Lemmings to the sea, to our own destruction.

The only way to "Win" is to learn to make things cheaper and better than they do, it is a Capitalist World and money flows to the best bargains!

Three years ago I saw, on TV, the Chinese Premier Ho Bin Tao exhorting a group of manufactuers to ever strive to the twin goals "better and cheaper". It is late in the game but the game is; Better and cheaper" if we cannot start we must accept defeat, it will be total defeat, those with privilidge now will also lose it!

Fri, 07/06/2012 - 03:06 | 2591040 Ar-Pharazôn
Ar-Pharazôn's picture

chinese products are NOT better, they're just cheaper

Fri, 07/06/2012 - 08:26 | 2591278 Sparkey
Sparkey's picture

AR-PHARAZON, I did not say Chinese products are "Better" although some things are very good indeed, I said they are working to improve quality AND reduce price at the same time, the twin mandates, raise quality, lower cost! This is the new World of competition.

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