Obama Speaks On Foreclosure Settlement

Tyler Durden's picture




Earlier, we heard Dick Bove's take on the fraudclosure settlement. Now it's time for the TOTUS' spin.


 
 


Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.
Thu, 02/09/2012 - 13:22 | 2142402 lolmao500
lolmao500's picture

He should spend the rest of his life in jail with bubba for this along with Geithner and Bernanke.

Thu, 02/09/2012 - 13:29 | 2142468 Cindy_Dies_In_T...
Cindy_Dies_In_The_End's picture

Nevermind the obvious.

 

Today's drinking game:

 

Fair= 1 shot of your favorite liquor

 

Bonus= use of the phrase "jail time"= 1 keg of beer ;)

Thu, 02/09/2012 - 13:41 | 2142545 Fukushima Sam
Fukushima Sam's picture

Is it just me, or is he looking a little greyish?

Thu, 02/09/2012 - 13:46 | 2142564 nope-1004
nope-1004's picture

Obama speaks.  No one listens.  All smoke 'n mirrors, double speak, white washed BS full of rhetoric and big words.  Great guy to hustle chics with, other than that he's wholly inadequate as a leader.

 

Thu, 02/09/2012 - 14:08 | 2142718 r101958
r101958's picture

Ron Paul 2012.

Thu, 02/09/2012 - 14:20 | 2142777 battle axe
battle axe's picture

"Ron Paul 2012" It will never HAPPEN.

Thu, 02/09/2012 - 14:24 | 2142795 Totin
Totin's picture

A drowning man is thrown a life ring and says "No thanks, I'm good. But when I get 18 feet under can you jump in and pull me out? You know CPR right?"

Thu, 02/09/2012 - 14:44 | 2142879 r101958
r101958's picture

If it does not happen then it is because of people that give up or give in. It is a result of the fact that they only wield a 'battle axe' made of jello.

Thu, 02/09/2012 - 14:53 | 2142933 battle axe
battle axe's picture

My god you made a play of my online name, how clever. The reason I say it will never happen is that he will not even win the primary much less the general election. He is just doing this for one simple reason, he wants to set it up his son Rand for 2016, which is a noble quest for a father to do for his son. You look at any analysis and Ron Paul has no chance. 

Thu, 02/09/2012 - 15:03 | 2142979 r101958
r101958's picture

So, I guess you are saying that he doesn't really believe what he is saying? It has to be humiliating for him to be treated like a leper by the very organization he has been a member of for so many years. No, I believe he is in it to win. However, the majority of the electorate is still enamored by X-Factor and other diversions and choose not to do any critical thinking - takes too much effort.

Thu, 02/09/2012 - 16:23 | 2143345 malek
malek's picture

If you rely solely on other people's analysis you are already lost.

Thu, 02/09/2012 - 18:04 | 2143693 Xkwisetly Paneful
Xkwisetly Paneful's picture

100% agree, I never expected the guy to actually pass one single piece of legislation limiting the power of the government either though.

Ron Paul day 1:

Tries to cut government, sorry need congressional approval for that.

Ron Paul day 2:

Brings all US troops home.

Ron Paul day 3:

Double digit inflation hits as all profitable shipping lanes are now under someone else's control. (maybe wikilaks can dump another 1000 reasons why the world needs the US more than the inverse but I am not holding my breath)

Dope and mange under a different moniker.

 

 

Fri, 02/10/2012 - 01:50 | 2144871 StychoKiller
StychoKiller's picture

Hmm, since you want to be the World's Policeman, I'll gladly buy you a gun, you have to pay for your own planefare though...

Fri, 02/10/2012 - 16:27 | 2147426 malek
malek's picture

LOL, we must remain an empire, otherwise inflation explodes!

That's one of the stupidest arguments I ever heard.

Fri, 02/10/2012 - 01:48 | 2144869 StychoKiller
StychoKiller's picture

The reason I say it will never happen is that he will not even win the primary much less the general election.

 

The phrase "self-fulfilling prophecy" springs to mind, here.

Thu, 02/09/2012 - 15:49 | 2143176 Kaiser Sousa
Kaiser Sousa's picture

And there u have it...the Cocksucker In Chief leaving no doubt he is what I said he was all along. A Bitch Made Banker Owned House Nigga...
Fuck all bankers and their bitch made politicians......

Thu, 02/09/2012 - 17:08 | 2143515 LFMayor
LFMayor's picture

what are you doing now?  Trolling for affirmative repsonses?  Wasn't your pussy just hurting a week or so ago over some racial issue?

Thu, 02/09/2012 - 17:32 | 2143605 Kaiser Sousa
Kaiser Sousa's picture

What a brave heart...hurling insults from the safety on net....
U got a rebuttal for my assessment of O'bammer... or u want people here to imagine how tuff u r....waste ur time anonymous bad boy..its cool by me.....

Thu, 02/09/2012 - 17:58 | 2143682 LFMayor
LFMayor's picture

don't deflect it cocksucker.  You were all bitchy about the race issue in the not too distant past.  Now here you are, on the other side of the fence.

What gives?  You find out that your momma had a friendly mail man or something?

Thu, 02/09/2012 - 14:09 | 2142724 battle axe
battle axe's picture

Blah Blah Blah, re-elect me for president, Blah Blah Blah...

Thu, 02/09/2012 - 20:50 | 2144193 DeadFred
DeadFred's picture

"Is it just me, or is he looking a little greyish?" The gray tinge is common for the Chicago variety of zombie during the late winter.

Thu, 02/09/2012 - 13:56 | 2142636 non_anon
non_anon's picture

oh shit, I just sobered up from yesterday

Thu, 02/09/2012 - 14:05 | 2142701 NotApplicable
NotApplicable's picture

Honestly, is it really that hard to plan ahead?

Thu, 02/09/2012 - 14:39 | 2142850 Chief KnocAHoma
Chief KnocAHoma's picture

This is such a drop in the bucket. $28-billion divided by 2 million under water homes is around $14,000 relief per home owner. The real lost value in the real estate sector is in the trillions.

This was a BIG WIN for the banks!

 

Thu, 02/09/2012 - 15:31 | 2143103 NotApplicable
NotApplicable's picture

Yet the homeowner will only get $2k, if they're lucky!

The other $12k? State spending sprees (a.k.a. "filling budget holes").

Thu, 02/09/2012 - 16:03 | 2143241 Widowmaker
Widowmaker's picture

You are absolutely right!

There are record bonuses to pay for frauds work!

Mark it, 2012 will be a blowout for bankers profit.

Anything non TBTF will fucking eat cardboard.

Thu, 02/09/2012 - 22:33 | 2144450 Papasmurf
Papasmurf's picture

Buy another 12pak of Red White & Blue Ice.

Thu, 02/09/2012 - 13:38 | 2142524 Sharks with las...
Sharks with laser beams's picture

Read from Armada Markets recent private report that Obama will get re-elected for the second term. Nobody believes in this and that's why it's gonna happen.

Thu, 02/09/2012 - 13:44 | 2142568 lolmao500
lolmao500's picture

Of course Obama is gonna get reelected. EVERYTHING points towards it.

The sheeple LOVES Obama.

http://www.spacewar.com/reports/US_voters_back_Obama_as_commander-in-chi...

Eighty-three percent of those asked in the Washington Post/ABC News survey said they backed Obama's use of unmanned drone aircraft against terror suspects

Seventy-eight percent of those asked approved of Obama's plans to draw down troops in Afghanistan

Voters were also asked whether they approved of the decision to keep the Guantanamo Bay war on terror detention facility in Cuba open and 70 percent approved.

The poll showed that Obama led Romney, the former Massachusetts governor, by 56 percent to 36 percent when respondents were asked who they trusted to combat terrorism.

Respondents also trusted him more on international affairs by a 56 to 37 percent margin.

In previously released findings, the poll found that 50 percent of Americans approved of Obama's job performance the most since early last year.

Obama WILL get reelected. Bet on it. Even if he starts a war against Iran. Even if the economy totally crashes.

Thu, 02/09/2012 - 14:03 | 2142652 bdc63
bdc63's picture

If Obama gets re-elected its 100% the GOPs fault.

The Tea Party and the real Independants will NEVER vote for Romney.  If they vote at all, they will vote for whoever the Green Party or the Libertarian party put out there.  The GOP used to be the conservative party -- conservative on both social AND fiscal issues.  Now they are ULTRA conservative on social issues while being big spenders at the same time.  They are 180 degrees out of phase with the tea party/independants.  Right now the GOP assumes that everyone will get in line behind whoever gets the nomination -- that ain't gonna happen, no way no how.  Why they can't see that -- and adjust accordingly -- is beyond me.

Thu, 02/09/2012 - 14:40 | 2142858 Vagabond
Vagabond's picture

"The GOPs fault".  Come on, the 2 heads to this beast share a body; It's one beast.  If the GOP loses this election that indicates to me that the banking interests don't want to train a new puppet.

Thu, 02/09/2012 - 16:22 | 2143338 NotApplicable
NotApplicable's picture

First they HERP, then they DERP.

Unless... they mix it all up crazy-like and DERP first.

Maybe that's what bdc63 is talking about?  Then I'd have to agree, as everyone knows you never, ever DERP until after you HERP.

I mean, it's on the Georgia Guidestones and everything!

Thu, 02/09/2012 - 13:59 | 2142665 SilverIsKing
SilverIsKing's picture

I think he will win again too.  Just anecdotal evidence but speaking with several people (idiots) I know,  they haven't a clue as to what's really going on.  They believe in the genius of the TelePrompTer.  They will learn during the second term what idiots they truly are.

Thu, 02/09/2012 - 14:15 | 2142751 NotApplicable
NotApplicable's picture

I've been yelling from the rooftops around here, but am drowned out by the "Yay! Payback Money Time!" crowd.

Well, that's if there's any response at all, other than blank stares and drooling. But hey, it's a college town, so terminal tenuritis of the brain is a common affliction amongst the "educated" class.

(Funny, if I hadn't dropped out, I'd have a minor in their Keynesian Cult-Studies, but instead have an education in debt slavery. Meanwhile, thanks to Rockwell, Mises and Rothbard, I now recognize its absence of value.)

Thu, 02/09/2012 - 14:35 | 2142836 Bay of Pigs
Bay of Pigs's picture

Had a guy ask me last night if I knew who Paul Krugman was as he believed "printing" was the answer to our problems. Straight face, dead serious. I shit you not.

I said "you know there has never been a single instance in history where that has worked out dont you?"

(crickets.....deer in headlights)

 

Thu, 02/09/2012 - 15:35 | 2143117 NotApplicable
NotApplicable's picture

I'm shocked that you could even find someone to discuss it with. Why wasn't he watching ESPN, like the rest of us?

Duke sucks. Just not as hard as NC.

Thu, 02/09/2012 - 16:26 | 2143357 malek
malek's picture

No, most of them won't even learn during the second term.

Thu, 02/09/2012 - 13:46 | 2142576 New American Re...
New American Revolution's picture

Need more co-conspirators than that, and a bigger cell.

Thu, 02/09/2012 - 13:21 | 2142403 DaveyJones
DaveyJones's picture

wow, I can see right through him

Thu, 02/09/2012 - 13:24 | 2142422 I Got Worms
I Got Worms's picture

It doesn't matter how many times I see the ZH Obama-presser headshot of him with that goofy smile on his face, I laugh out loud. My enjoyment of that picture is second only to the Deer In the Headlights.

Thu, 02/09/2012 - 13:25 | 2142437 eatthebanksters
eatthebanksters's picture

He looks like Alfred E. Newman's black cousin...

Thu, 02/09/2012 - 13:27 | 2142452 sodbuster
sodbuster's picture

Looks like Erkel to me.........Did I do that????

Thu, 02/09/2012 - 13:42 | 2142552 Bob
Bob's picture

LOL.  He sure can imitate deep "soul," though, with that trademark vocal affectation where he roughens his voice with faux emotion.  It's like a fucking tic when you start seeing it for what it is. 

Thu, 02/09/2012 - 13:57 | 2142651 MsCreant
MsCreant's picture

"a fucking bloodsucking tic"

Don't mean to be pedantic, but that needed editing.

Thu, 02/09/2012 - 14:08 | 2142715 Husk-Erzulie
Husk-Erzulie's picture

Frikkin' Cornholio man, talk about a tic, every time I see him now he's frikkin' Cornholio.

Thu, 02/09/2012 - 13:53 | 2142619 NotApplicable
NotApplicable's picture

Well, GOL-OL-LLY!

Thu, 02/09/2012 - 14:30 | 2142778 nonclaim
nonclaim's picture

My caption: "Boy lost opportunity of a lifetime"

I mean... the marshmallow plugging that gap would be enough.

Thu, 02/09/2012 - 13:47 | 2142579 xela2200
xela2200's picture

Funny, that face bugs the fuck out of me.

Thu, 02/09/2012 - 21:03 | 2144233 DeadFred
DeadFred's picture

Seeing the Obama photo and reading the comments about our much beloved First Kenyan make me all happy and fuzzy feeling. Gotta love it.

Thu, 02/09/2012 - 13:25 | 2142434 GeneMarchbanks
GeneMarchbanks's picture

I said the same thing only in 2008. I was terribly alone then.

Thu, 02/09/2012 - 13:49 | 2142489 Normalcy Bias
Normalcy Bias's picture

I was with you. He was transparent even back in '08.

Thu, 02/09/2012 - 14:48 | 2142907 eatthebanksters
eatthebanksters's picture

sure he was...

Thu, 02/09/2012 - 21:05 | 2144239 DeadFred
DeadFred's picture

One of the things that keeps me humble in life is remembering that I considered voting for him. <shiver running up spine>

Thu, 02/09/2012 - 14:21 | 2142783 niktamere
niktamere's picture

Same here

People still brainwashed

No use

Thu, 02/09/2012 - 13:21 | 2142405 M2Market
M2Market's picture

Horsesh*t

Thu, 02/09/2012 - 13:21 | 2142406 NotApplicable
NotApplicable's picture

Can anyone translate? I don't speak douche.

Thu, 02/09/2012 - 13:27 | 2142448 eatthebanksters
eatthebanksters's picture

A DNC announcement concurrent to the settlement announcement was that the DNC sold out all the million dollar seats at the convention....

Thu, 02/09/2012 - 14:20 | 2142779 NotApplicable
NotApplicable's picture

I'm hoping to see their corporate logos covering the fences of the "free-speech" zones, as anyone dumb enough to encage their self deserves it.

Thu, 02/09/2012 - 13:24 | 2142423 carbonmutant
carbonmutant's picture

I wonder how much of the shadow side of this settlement is going into his re-election coffers...

Thu, 02/09/2012 - 13:50 | 2142602 espirit
espirit's picture

Well let's see, $766 mln fines to 5 banksters is $153 mln per so... back up to the discount window for free loan and charge out 5-6% interest.

Payback the principle, rest to Totus = $38 mln and change you can believe in.

Thu, 02/09/2012 - 13:40 | 2142428 Mercury
Mercury's picture

 

At the end of the day, Mormon robot talk about contracts and constitutions doesn't put food on the table for millions of Amercians who are still trying to make ends meet....

Therefore....Free shit bitchezzzz!

'swatI'm talkin' about.

Thu, 02/09/2012 - 13:25 | 2142432 dwdollar
dwdollar's picture

Why bother? Just have a mannequin at the podium and play a pre-recorded message. I think that would be more inspiring.

Thu, 02/09/2012 - 13:28 | 2142449 NotApplicable
NotApplicable's picture

Ficus for POTUS!

(I'm partial to potted plants)

Thu, 02/09/2012 - 13:35 | 2142507 Jena
Jena's picture

They grow too well.

Thu, 02/09/2012 - 14:03 | 2142691 MsCreant
MsCreant's picture

But they do well in the shade.

Thu, 02/09/2012 - 14:05 | 2142703 Jena
Jena's picture

And tolerate over-watering.

Thu, 02/09/2012 - 14:52 | 2142922 eatthebanksters
eatthebanksters's picture

The way he tips rights his head as he talks reminds me of the martians in 'Mars Attacks'...they had the same speech patterns and physical affectations when they talked...could it be?

Thu, 02/09/2012 - 13:26 | 2142441 mc_LDN
mc_LDN's picture

The USAs' Dear Leader

Thu, 02/09/2012 - 13:26 | 2142444 YesWeKahn
YesWeKahn's picture

He is a good speaker, what's more?

Thu, 02/09/2012 - 14:28 | 2142809 nonclaim
nonclaim's picture

The sound is coming from the wrong hole. Through the ears it could amplify a lot more, I think...

Thu, 02/09/2012 - 13:27 | 2142447 Mr Lennon Hendrix
Mr Lennon Hendrix's picture

How many rails does he do before his morning briefings?

Thu, 02/09/2012 - 13:28 | 2142458 eatthebanksters
eatthebanksters's picture

actually, I think he's more a meth guy being a 99%er...

Thu, 02/09/2012 - 13:28 | 2142457 carbonmutant
carbonmutant's picture

That's quite a line up of Toads in the back...

Thu, 02/09/2012 - 13:38 | 2142526 Beam Me Up Scotty
Beam Me Up Scotty's picture

I was thinking the exact same thing.  That guy behind and to the right looks like a pedophile.

Thu, 02/09/2012 - 13:39 | 2142534 Jena
Jena's picture

I think I heard him introduce one of them as George Jetson.  Is that to see if we're paying attention or did they run out of finctional names?  

Thu, 02/09/2012 - 13:58 | 2142660 NotApplicable
NotApplicable's picture

Well, they sure aren't going to reuse Soetoro.

Thu, 02/09/2012 - 14:01 | 2142682 Jena
Jena's picture

Ah.  I wondered why I couldn't fix my spelling error.  These drinking games are gonna be the death of me, but I guess there are worse ways to go.

Thu, 02/09/2012 - 13:28 | 2142459 lolmao500
lolmao500's picture

A better video...

How America is screwed, in RAW numbers.

http://www.youtube.com/watch?v=u24nH03NccI&feature=player_embedded

Thu, 02/09/2012 - 13:29 | 2142461 BORT
BORT's picture

Just Yesterday he changed his view on Super Pacs:  COINCIDENCE?

Thu, 02/09/2012 - 15:38 | 2143127 NotApplicable
NotApplicable's picture

Super-Duper Pacs are your friend!

Thu, 02/09/2012 - 13:29 | 2142466 zerotohero
zerotohero's picture

Puppets

Thu, 02/09/2012 - 13:30 | 2142469 dwdollar
dwdollar's picture

"former classmate of mine"

Haha...

Now that's the most truth I've heard come from him in... forever...

Thu, 02/09/2012 - 13:31 | 2142472 rookie
rookie's picture

Funny, I don't remember the "investigation" part.  Skipped from robo-signing story hitting the news right to settlement talks.

Thu, 02/09/2012 - 13:32 | 2142479 dexter_morgan
dexter_morgan's picture

What an amazing collection of crooks assembled all in one place!

Thu, 02/09/2012 - 13:33 | 2142491 taniquetil
taniquetil's picture

"Banks that were rescued by US taxpayer dollars, will be required to right these wrongs"

 

Hey you gave them the money, asshole.

Thu, 02/09/2012 - 13:33 | 2142492 toady
toady's picture

Still no prosecutions.

The man is bought and paid for.

Thu, 02/09/2012 - 13:33 | 2142493 Vincent Vega
Vincent Vega's picture

I can't post what I'm really thinking for fear of a visit from the TSA, FBI, Secret Service, IRS, et al... So I will simply say: screw him.

Thu, 02/09/2012 - 21:12 | 2144253 DeadFred
DeadFred's picture

I wonder if DHS can trace green arrows?

Thu, 02/09/2012 - 13:34 | 2142494 caerus
caerus's picture

this will free up more $ for ipad purchases...bullish!

Do NOT follow this link or you will be banned from the site!