This page has been archived and commenting is disabled.
Uncle Obama Wants You! ... To Bail Out Europe
Just the headlines. They speak volumes:
OBAMA SAYS U.S. `READY TO DO OUR PART' TO RESOLVE EURO CRISIS. - BBG
OBAMA SAYS SOLVING EURO CRISIS OF `HUGE IMPORTANCE' TO U.S. - BBG
»
- 20724 reads
- Printer-friendly version
- Send to friend
- advertisements -
I thought we were broke?
aren't there 401ks and pensions to plunder? MFG was a test! no riots, so we plunder it all!
Don't do your part and stop feeding the beast, caution, prison ahead
So far Obama has done almost everything economicslly wrong. At least when he make this giant blunder he will be consistant.
I dont even believe these rumors...what would Obamas already crappy approval rating be upon announcing a bailout of EUROPE when americans are already pissed off, broke, and fed up with 'bailouts' which they know go right to the rich?
When I read the headline, my first thought was put SheepDog-One on suicide watch. Glad to see denial is helping you to cope.
Believe it. He just got done with a press conference.
I will forgive him all his other mistakes if he accidentally sinks the FED and Bankers in charge. Now, that would be a change.
2012 yet?
Quite: Who will write a sequel to 1984 entitled 2012? Wasn't 2012 the title of a (Canadian art rock band influenced by Ayn Rand) Rush album?
that was 2112...not sure if you are sarcing me.
don't trick yourself into thinking the 2012 elections are going to change a thing. We are a government of the bankers, by the bankers, for the bankers.
Way to give this administration a pass.
There's going to be elections? better than expected.
Obama is just a mouthpiece for the banking sector and doesn't understand anything beyond what he's told to say by his masters about economics let alone the right course in policy.
OMG, this shit is just too big to swallow.
Wait! there is dessert: Get to war with Iran and Syria.
"OMG, this shit is just too big to swallow."
That's what she said!!! Sorry I had to do it
Mutually assured destruction. Got physical assets and like-minding neighbors? You better.
Oh ok! I shall fold my shorts immediately! /sarc
But, But if we send all those dollars over there, won't they spend them on Amerkan stuff? Oh, that's right, they already bought the stuff from Wall Creeps and it is worthless. We should just let gentle Ben buy it back directly and the Fed could show it as another ass et
How about as a start, we get all those US citizens living in the US who maintain dual citizenships (Italian, Greek, Irish, German, etc.) to first contribute x% to help bailout their countrymen, depending on how much their former countries need (or give up their other other citizenship)?
That way their allegiances and pocketbooks are divided according to their citizenship status and the financial needs of the country(ies) they are citizen(s) of?
firewall the Fed and the US Treasury, no more taxpayer guarantees for Bernankes holiday shopping cart, and NO money for the IMF
He is nothing but an empty puppet. Presently, the hand inside him moving his lips is Tim Geithner's.
HandJOBAMA
Finally, Obama is showing those confused Europeans how to save the world.
But wait, didn't you already try that when you funneled all that money to them through MF Global?
Umm,
What power does he have? Where will he get money from? The Republican led House where all funding happens? I don't think so....
This is so tiring....
From the FED.
Why not? He can literaly do anything as president including toppling nations and soon detain american citizens indefinately without trial. Great country this USA. Where the money is isn't ours and the personal liberties are non existant.
What the hell is our part? I have never been to europe. Let them fend for themselves. Print their own dam money not ours.
DeceptoBama is a bank owned bitch...
now back to ur regulary scheduled mall brawl channel bitchez......
Told ya. We will end up bailing out Europe and screwing our taxpayers.
They can send the 12 members of the Stupor Committee to Brussels.
I mean a team lead by Senator Kerry, how could that NOT work.
Yanks, leading by example.
He is constistent. He said he would transform America. Who would have thought in three yrs time he could make so many non democratic and outright socialist goals. Where is it in our interest to bailout Europe? Where does it end? Why not create moral hazard everywhere, you've accomplishd that here. Anyone who still thinks this guy was ready to become president or had our best interest in mind is sadly very wrong. Things are going so far off the rails it's as if he is looking to create a new world order. Huh. Soros did bring us Obama.
Because you are doing such a great job here Mr. Hopie Changie.
http://www.dailypaul.com/188540/audit-teh-federal-reserve-reveals-16-trillion-in-secret-bailouts
Fucker's don't recall this money already do they?
Nah what debt... 15 trillion meh don't worry about that, pocket change.
If I am reading this audit correctly, if not please correct me, but the added 16 trillion will have to be added to the USA debt of 15T.
Why am I so frustrated with this attitude? Is it because a minority of the population controls a majority of the government? Sure the government says we are doing this for the good of America but that basis for action is just baloney. The government is doing it to save the investments of the wealthy. Our government is now pledging our resources to backstop Europe when Germany refuses to do the same. Please make the case for this action President Obama. Please show me the facts and then argue for the cause. I am not willing to accept Geithner or Bernanke's opinion on this issue. I want simple facts laying out the basis for this action. Can't do it? Then don't pledge my resources and future tax payments.
Fools and morons who watch TV enable this.
They are identified by using such phrases as "our government."
They are also identified by their use of terms like left wing/right wing, republican/democrat, conservative/liberal, etc., in a manner that implies they really believe there's a difference.
Fuck you Obama you piece of shit!
That's the spirit.
call it like it is.
Anti-nuclear waste shipment action in Germany
http://www.youtube.com/watch?v=gIXNYloTyFk
Time for the bond vigilantes to go after US debt. Other countries need to stop accepting US dollars for purchases.
It is not as if the bond vigilantes have to act. It is their innaction as investors that cause the effect. The pols love to point to some never to be identified bad guy as causing the rates to go up but the vigilantes are not villains. Its a just a simple fact that no one wants to buy the crap the way it is priced.
I've said it before - and I'll say it again:
Any notion that the BSA (Bankrupt States of America) where taxes barely cover interest payments on the national debt, can bail-out anyone - let alone itself! - is ludicrous in the extreme... though, I must admit, does provide some comic relief ! Hahaha!
The donkey with the big ears wants to bail out Europe wants to bail out europe wants to bail out europe
Congress: pass the jobs bill pass the jobs bill pass the jobs bill pass the jobs bill; it is paid for it is paid for it is paid for.
He is a stupid donkey.
This just cements Obama losing my vote.
Which begs the question: Why in the hell did he even 'have' your vote in the first place?
He had it in 2008. I fell for the "change" crap. Ugh. Don't remind me.
He lost my vote long ago. It just felt good saying this cements it. Sort of like verbally punching a punching bag.
Problem was, no one bothered to ask what kind of 'change' it was!
Some of us knew and, unfortunately, the rest are learning the irreparable way.
The saddest part is that folks like devos were so incredibly stupid they made idiots like Rush Limbaugh look smart.
This mass stupidity just has to be the start of the human extinction event.
It's not that I was stupid...I wasn't chanting about change, pasting Obama stickers on my car, or thinking this guy was the savior. I was skeptical but hopeful, and at a low point in life (health issues). You really don't know what went into the decision or my IQ, so taking jabs like that makes you look bad. Realize that political enlightenment is a process.
Rush called it from Day t-4. "I hope he fails". Don't hate Rush, just cause he's right:)
Hey Mothersbaugh and Jerry Casale are dumb Democrats too. The first album was good but it was down hill from there. The music was okay but they spew whiny leftist crap during their interviews.
Dude, I am not a Democrat.
Their first record was their best studio record, but their 4-track recordings (Hardcore Devo Volume 1 and 2) are actually better.
If you believe there's a difference between democrat/republican and left wing/right wing, you need to wean yourself from the kool-aid, bro. One tap may have a big red R and the other a big blue D, but they're both coming from the same keg.
By GOLD & SILVER now....Get it before its too late!
Who the fuck is this "our" in our part? Does he have a mouse in his pocket and Michelle waiting behind him with their personal checkbook? Because I know he aint talking about me and the rest of America being good for it.
I have no part in Europe, I have no part in it at all myself. If Obama wants to hand Europe a bunch of cash he can dream on about me paying it back!
Dreaming about payback?
Sounds like my new boss, who in order to win hearts and minds, gave us our first pay raise in three years. Never mind that it makes our unsustainable pension plan even more unsustainable. "We'll postpone that discussion until later." he says, adding "we'll have to negotiate."
he's just tuning us up for his campaign based on the invincibility of the US under his leadership and, of course, the strong dollar
b/c we are a bunch of compassionate, styooop-i-fried hillbillies, we can now borrow moMoney and help our less fortunate (w/out reserve currency) friends pay back the banksters who own prez0!
Why not confiscate ALL the wealth of ALL the politicians and give they money to the ECB to invest as they see fit. I would be more than happy to put at risk this portion of our national wealth (particularly since all of it was stolen to begin with).
Oh wait...politicians only waste OTHER people's wealth - never their own.
Sunday January 20, 2013, as President Elect Gingrich approaches the podium to take the oath of office and Vice President Bachman exquisitely decked out in the red robes of the inquisition...
I assure you that if the USA makes any move to bail out the EMU Mr. Obama will have a far smaller chance at reelection than his already pathetic record in office could afford him.
We have to take our silver linings where we can find them.
Can't wait. Michelle looks stunning in red:)
Gingrich and Bachman? My God...Im getting passports.
You know sheep doggie I used to not like your posts at all, but I am starting to think you are not all that bad. I don't remember what we disagreed about that made me think we were not at all on the same page but it seems to have faded.
Here is the thing, if it is not yet illegal I offer to adopt you or anyone that wants an Irish "father." You have to pay for the paperwork and do the minimal leg work, but Ireland contrary to popular belief is not at all bankrupt, it was debt free till Germany and the ECB put a gun to Ahern's head and demanded it take an unwanted bailout in order to "repay" continental banksters for private housing related debts. The people originally voted not to join the EMU but were told they would have to vote till they got it right and anyway Daddy Adolph would guarantee all was well, and later voted not to ratify the Treaty of Lisbon, but they were made promises that if they would revote and approve the treaty nothing bad would happen to them, guess how the next vote is going to go.
And in the world to come it has just about all the necessary requirements. g
*It is temperate, no arctic freezing or equitorial roasting
*It is mostly rural outside of Dublin, live in the country or pick any size town you like
*It has always been an agricultural nation
*It is neutral
*It has no known massive deposits of carbon based fuels to attract assholes
*It has nothing either material or STRATEGIC to invite any kind of exploitation or invasion
*Bertie Ahern might have been a tool of international banksters but the Irish people are fucking awesome, religion is there but they take it with a grain of salt
*The beer and poteen are even more awesome
*Irish passports are among the three or four you can take without affecting US citizenship
*Passport costs $168, you ever heard of cheaper insurance than that?
*Easily the most peaceful, least corrupt of places
*They like your accent
*Ireland will likely be the first to dump the EMU banksters and go it alone
*You can live and work in any EU nation without a visa
*Offer does not apply to fascist shitheads at any price, nor to anyone that believes it is immoral for a grown man to adopt another grown man, or who lives in a state where they have outlawed such adoptions because that was how gay people got around the anti-gay marriage laws.
If on the other hand you can see the advantages of an Irish passport and you are not a totally objectionable person then I am yur DADDY! No charge from me by the way.
Well fook me sideways! If it isn't me long lost father. Yer prodigal is on 'is way, Da! Oh, how I've dreamt of this reunion!
By the way, Da, what might poteen be? I'm really hopin it's Irish for punani.
Pronounced pocheen, poteen is a sort of whiskey or so they say, it is actually called white lightning here, and you can drink it or run your '69 Jag XKE with it.
Upvote if you just threw up a little in your mouth.
The nothing man is pandering again. Nothing specific, just the usual BS talk. Congress will do nothing about Europe. The Fed will do nothing about Europe. It's over.
They can all "blame Europe" and point fingers across the Atlantic. A gold opportunity for a liar.
Fed has already injected money into Europe arena.
http://www.dailypaul.com/188540/audit-teh-federal-reserve-reveals-16-trillion-in-secret-bailouts
The list of institutions that received the most money from the Federal Reserve can be found on page 131 of the GAO Audit and are as follows..
Citigroup: $2.5 trillion ($2,500,000,000,000)
Morgan Stanley: $2.04 trillion ($2,040,000,000,000)
Merrill Lynch: $1.949 trillion ($1,949,000,000,000)
Bank of America: $1.344 trillion ($1,344,000,000,000)
Barclays PLC (United Kingdom): $868 billion ($868,000,000,000)
Bear Sterns: $853 billion ($853,000,000,000)
Goldman Sachs: $814 billion ($814,000,000,000)
Royal Bank of Scotland (UK): $541 billion ($541,000,000,000)
JP Morgan Chase: $391 billion ($391,000,000,000)
Deutsche Bank (Germany): $354 billion ($354,000,000,000)
UBS (Switzerland): $287 billion ($287,000,000,000)
Credit Suisse (Switzerland): $262 billion ($262,000,000,000)
Lehman Brothers: $183 billion ($183,000,000,000)
Bank of Scotland (United Kingdom): $181 billion ($181,000,000,000)
BNP Paribas (France): $175 billion ($175,000,000,000)
and many many more including banks in Belgium of all places
View the 266-page GAO audit of the Federal Reserve(July 21st, 2011):http://www.scribd.com/doc/60553686/GAO-Fed-Investigation
Source: http://www.gao.gov/products/GAO-11-696
So who is Citigroup connected to,the Rothschilds or the Rockefellers...?
or both...?
Words fucking fail me .... Lehman Brothers - I wonder where THAT money is.
It'll be political suicide if he actually makes good on it.
Total political suicide, americans HATE bailouts they know its money handed to the rich...and to make it worse, hand it to EUROPES rich??
I believe this is nothing but market manipulation headlines.
Americans love their Obama TV and ball games. Idiots who watch TV enable and enpower the elites by watching their shit.
Look that Irish Man on the poster!
Don't get mad about this. We all new this was coming. This is good for our PM holdings. Keep buying while the paper markets keep the prices down.
We live in a sick world now.....prepare for it!!!
Stop It B!
http://www.youtube.com/watch?v=tRmZ9zH-mYM&feature=related
HeadsUp - language not suitable for workplace environments or environments with young children, However this clip is highly applicable to this article..........
One could say the same thing about 2 girls 1 cup.
The white house is insisting that it won't use US taxpayer money to help Europe. I don't believe them one iota, but here is some context.
http://www.sfgate.com/cgi-bin/article.cgi?f=/n/a/2011/11/28/national/w11...
It's not taxpayer money until they come for it later. See, the hand is quicker than the eye. So clever! We will never notice!
AH! QUOTE OF THE DAY!!
so nice....
now that will be 100$ in taxes for the quote + a 50$ administration fee.
Don't worry, we already withdrew it from you're account.
Have a nice day sir....
Well how else are they going to pay for it? Maybe Michelle will pump a few rides on the side for increased cash flow injection.
President Purple Lips Want's You to SUCK IT.
So now they are gonna tell us about the bailout instead of doing it in secret.
Hey Barry, the Europeans can't vote for ya!
the Europeans can't vote for ya!
Here's to hoping it stays that way. President of just the U.S. really isn't big enough for Barry the NutJob.
The CNBC headline for this is Obama Presses EU Leaders to Resolve Debt Crisis. We need to understand this pablum in the only context for which it exists...Barry's campaign. The dood could not lead a dog to a meat truck.
WHERE'S OUR FREE MONEY BITCHEZ!!! GI'ME GI'ME GI'ME!!!
AAAAAHHHHH!!!
AND NOW LET'S RAISE ANOTHER CLUB MED²!!
AND WHAT THE FUCK TOOK YOU GUYS SO LONG! DIDN'T YOU HEAR US TAKE A DUMP?!?! THAT WAS YOUR CUE TO COME IN!!!!
What's the plan Obama? Do you have a plan? Even France and Germany can't agree on a plan. Now they're talking Plan B. Whatever that may be?
Whatever the solution will be, one thing is 100% certain. The global economy will go into recession next year because no amount of money to bailout banks is going to increase global demand for commodities and products of any kind.
To the contrary, when these bailouts are being negotiated the recipients will have to show spending restraints (deflationary), austerity measures (deflationary) and agree to service the debt from already decreasing tax revenues. Got it?
They can print all they want, it won't solve the problems of a receding global economy. The show is over, folks. Extend and pretend has come to an end because people are waking up and figuring this out. The banks are broke, the countries are going for broke and the wealthy are asked to make concessions. Whey they do, they will ask for assets in return which will be deflationary as the countries no longer control those assets or show those assets on their balance sheets.
So, Obama? What is your effen grand plan? Already forgetting that the US debt ceiling has been breached? The US Super Committee was unable to agree on budget cuts?
There is NO money. Get it?
"And the winner is: Iceland". And now for something completely different, AEP:
http://blogs.telegraph.co.uk/finance/ambroseevans-pritchard/100013462/ic...
PS He couldn't resist.... so he says....
Europe&US remain partners of 1st & last resort. Our "entente cordiale" was a mainstay in the past&will remain so in the future -Herman Van Rompuy
That ought to get the downgrade of our debt a couple more notches. Thanks Obama you make Carter look like Reagan.
My gold bar just got a woody....I swear I saw it.
stateside
Hey....leadership (lack of)
FUCK YOU!!!!
http://www.youtube.com/watch?v=Gvgae3re58s&feature=player_embedded
Exposure to Europe brought down MFG (and Jeffries soon), so, naturally, Obummer thinks it's a great idea to expose the Fed's already not so great balance sheet to the same risk. OK, thanks, what could possibly go wrong? I fail to see any logic in this, but hey, I'm not a 'constitutional expert', nor am I a community organizer, so what do I know?
Aaaaaannnnnnnddddddd Fade! That was a day earlier than expected. Knocking on wood in case of a 3:15 rumor.
Here's what the Bamster is brining to the table:
http://www.youtube.com/watch?feature=player_embedded&v=o64Fz-KW1Dk
CHURCH:)
What an ignorant jagoff this Obama is, we are fucking broke. This is like a section 8 guy offering to help you get a home
Obama Bin Lyin' simply reads the teleprompter and does what he is told...
Bitch makes no decisions...
Don't get it yet?
US is now on the hook for the whole shebang.
We might be spending more bailing out Italian villagers than US citizens.
Deficits don't matter
>>>
Ready to do our part...
<<<
Does anyone else find this strange?
I would have thought that any suggestion of using US taxpayer money to bail out foreigners would _guarantee_ no second term.
Never mind the economics (pro or anti), the politics of such a move are surely unacceptable?
One world government BITCHEZ
Yes, they are. Bastards, too.
Phuck him!
Hey Obama, we have our own problems!!!!!!!!!!!!!!! Like housing!!!!!!!!!!!!!!!!!!!!!!!!!! New Home Sales Lowest Since 1963
http://confoundedinterest.wordpress.com
When there are no buyers coming in...
Roll over, roll over...
Germany couldn't find buyers for 40% of their debt. Why would equities find buyers in this sham market?
Everybody knows.. everybody knows..
I guess this means the NY Times was wrong this morning: http://www.jammiewf.com/2011/campaign-2012-obama-to-abandon-white-working-class/
Obama's not abandoning the "white working class" - he's only abandoning the "white AMERICAN working class". Important distinction, that.
The headline of this piece should read: Uncle Bam wants you to bailout Europe....
You can count me out. I didn't vote for this Dickbag.
But did you vote for another Dickbag? If so then, sorry, you're a dickbag enabler. Pay up!
"OBAMA SAYS SOLVING EURO CRISIS OF `HUGE IMPORTANCE' TO U.S. - BBG"
Well duh..when europe fails, so does Japan and the U.S.,Global economy...got to love it...
Now Uncle Sam is african american? Geeez they're winning everything.
Obama is a knob/turd polisher par excellance! I bet little Von Rumpy had a little chubby just being in the same room with the chosen one.
And just think....
The WallMart WaffleMamma's are gonna vote O'bummer in again next round.
Lucky you's.
WallMart WaffleMammas are a little less likely to vote after pepper spraying each other fighting over an X-box...
Eat Yo' World Peas!
http://www.foundshit.com/pictures/food/world-peas.jpg
11-28 15:33: US-EU leaders say didn't discuss financial help for EU according...
Rumours and denials come early today.
Do OUR part? Ok...everyone with half a brain recognizes that the socialization of losses from Private to Public was nothing more than the rich avioding 'investment' losses - NOTHING has been done to delverage - the only activity has been to migrate the loss to the Public sector so the ultimate loss can be allocated to the masses - Dear Mr. Obama - You can Go to Hell...I refuse to accept any part & will not be saddled via an ex post facto manner - you're favored children on Wall Street has far more culpability in this issue than I, therefore, here is a proposition - when those responsible are tried & convicted for their fraud - Goldman Sachs for assisting with derivative Swaps to hide Greek debt as an example - then come to me about doing MY PART - you have no soul & even less integrity to make such a careless statement
Bring back Berlusconi....at least he was entertaining
"Resolve the crisis" to pres. Osama really means redistribute the wealth. Bernanke...is that a muslim name also???
He must be getting advise from Geithner, who is getting advice from Dimon, who is getting advise from his mother.
Gimme a Shine, Jamie...
If it wasn't for Crony Capitalism where the elite only fail upwards... Fraud as Wall Street's only product and business model...
Jamie & Lloyd would be shinning shoes for a living...
I hope Obama is not that stupid to permit this!!! If Europe is destined to fall, so be it. We all have our own problems to deal with with terrorists in public office that need to be voted out of public office.
It's time to get ALL our money out of the banks and cash out anything else that could be in the system to see IF you can salvage anything out of this galactic stupidity I think they will force feed American citizens into.
all for one, one for all...will the Oligarchs find the spirit of unity to avoid their fall...?
when billions become trillions the price of the onion peel rises by a thousand.
I guess this'd be a good time to go pick out a cardboard box and claim a spot under the bridge before the good ones are all gone.
Another Fed "Mandate" right?
The Fed is purposefully destroying the Euro to preserve the oil dollar, and we are ready to help? Help do our part? I think our part is about to finish the Euro!
TIME TO SPELL THE BEANS FOLKS TO ALL OF YOU:-
US NEEDS MORE HELP THAN EUROPE - THE TACTIC FROM WALL STREET AND TOP OFFICIALS IN WASHINGTON (STARTED AFTER THE US GOT DOWNGRADED IN AUGUST THIS YEAR) HAS BEEN TO ATTACK EUROPE (THEY NEED A CASE AND EUROPE WAS AN EASY TARGET) THEY CONCLUDED THAT EUROPE'S DEBT CRISIS CAN NOT BE SOLVED BY ITS MEMBERS AND THAT THE US WILL HAVE TO COME AND RESCUE THEM -EITHER DIRECTLY OR THROUGH THE IMF - THEREFORE FOLKS BLAME IT ON EUROPE IF FED IS PRINTING MORE MONEY - REMEMBER IT IS A SENSITIVE ISSUE AND US DO NOT WANT TO UPSET THE TAX PAYER ONCE AGAIN. HOWEVER THE PRINTING IT IS NOT FOR HELPING EUROPE BUT RATHER TO ASSIST AND TRYING RESCUE THE US BANKS AND THE DISASTROUS US HOUSING MARKET..THESE ARE THE KIND OF TALKS YOU HEAR BEHING LARGE BOARDROOMS IN TOP 6 US BANKS, TREASURY AND THE CENTRAL US BANK..BUT OF COURSE THEY DO NOT TELL YOU SO. SO THIS TACTIC WILL PAY-OFF AND QE3 WILL HAPPEN IN 2012 (WONT REVEAL THE QUARTER THOUGH) - THE FED PLANS TO DASH OUT AROUND 500-750 BILLION DOLLARS....ALSO REMEMBER THE FED HAS CONCLUDED THAT THE ONLY WAY TO SOLVE THE US DEBT CRISIS IS TO CONTINUE HAVING A CHEAP DOLLAR FOR THE NEXT 2-3 YEARS - GOOD LUCK GUYS
When Barnie bails out, you KNOW it's GAMEOVER. Whatever else he is or is not, Barney is a survivor.
But no problem, Maxine's got the con. Let the clownfest compound.
Short the Onion -- reality has caught up.
Bastiat,
You siad it brother,,time for Bawney to take his ILL gotten gains, and get to Fantasy Island.(hint,not in CONUS).
Uncle Obama Bin Lyin'
Please donate now to:
CREEP -- Committee to RE-Elect the President
All I can say is my head just exploded all over my computer screen.
Gibberish removed.
It is becoming ever more clear that the Fed intends to be the last bank standing. And we'll all be paying the debts. -- Michael C. Ruppert
http://www.collapsenet.com/154.html
Outstanding. Great news. So the Fed will be the last reptillian bank standing? Once again, Obama will do what his masters tell him. Next thing to do is to start a world war for peace.
Outstanding. Great news. So the Fed will be the last reptillian bank standing? Once again, Obama will do what his masters tell him. Next thing to do is to start a world war for peace.