S&P 500 is up 0.2% going into the speech, let’s just see how the market reacts, shall we? We’ll also take bets on which CEO gets invited to leave the audience for trying to trade on his/her Blackberry during the talk.
Obama: We’re in tough economic times. [Lists litany of challenges] But, I’m not here to repeat a litany of our challenges.
True, everyone but the AFL CIO thinks my plan sucks. But the spirited debate this causes is a good thing.
Back in 1933, a meeting like this resulted in the New Deal programs that transformed our economy. It was the cooperation of private industry that made this possible.
Like your Managing Director, my door will always be open so I can tell you the failed theories that we should cast aside.
Thank you for allowing me to waste your time without telling you anything new.
And… -scene-
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Tell haynes to STFU
Too ineffectual, didn’t read
Let’s watch the DOW fall in real-time!
Barry says “spread da, welf, crackers!
@3 HUH?
Dow 12,000!
– Art Laffer
Freepers and yahoos, here’s some red meat.
Enjoy!
this dude knows things, history and stuff….amazing to see a prez with some knowledge…..
if he fails we’re f*cked, so either you whine or stfu…this econocollapse 911…
too 3/5ths, didn’t compromise.
He’s gonna fail. Socialist/ Liberal policies have been tried before, and failed miserably every time. The only question is how much damage he does before getting ousted from office like Jimmy Carter.
The only thing that keeps me sane is the thought of another 49-state EV blowout in 2012, and liberalism discredited for another 25 years.
@8 – Yea, if only he’d use that knowledge to explain to his congressional friends why Smoot Hawley didn’t turn out so hot.
Did you see Franklin Raines standing there???? WTF??? He should be on a perp walk!
http://dealbook.blogs.nytimes.com/2009/02/13/michael-moore-wants-wall-street-scuttlebutt/#more-32077
@14
Old news. Keep with the times.
I’m guessing that Erin Burnett has had three or four sex partners in her life. She’s just got that look of a girl who thinks her hoo-hoo is sacred and only to be shared with truly worthy men who love her. Girl Scout for life.
interesting how after 9-11, if you questioned the POTUS, you would be labeled unpatriotic; now after this huge financial crisis its considered patriotic to question….looks more like political crassness than really loving America…
It’s too easy to mimic Rush and the rest and label everything socialist that doesn’t coincide with failed repub dogma
@11, you’re right about this likely being a failed one-term presidency w/ a lot of incremental damage. But the Repubs have been even worse. We don’t need any more Bushies or Reagans or Nixons in the White House. The next Repub. could be really scary (c.f. the collapse of the Weimar Republic).
Let’s bring back George Bush and Dick Cheney. Phil Gramm was the man, wasn’t he?
And what about that Ken Lay fellow — if only we could turn back the hands of time and bring back the wonderful policies of yore.
@ 16– what’s wrong with that? Does EVERYBODY have to be a nasty clapped-up coochie tramp??
Gasparino is desperate to learn what culinary delights are hidden inside Maria’s ass.
I have plenty of pitchforks and muskets for all!
@19
Mitt Romney has a JD/MBA from Harvard. He founded a PE firm. He was Governor of a pleasant, little (yet frigid) state that has experimented with state subsidized health care. Additionally, he helped salvage a fun athletic competition from near failure. His father was a Governor and auto-executive.
Considering the problems we face today and their origin, the first thing I think of in terms of leadership is that we need someone in charge who knows about community organizing.
EP, I am shocked, shocked, that our policy makers haven’t beaten a path to your door. Or wait, they have, and you’ve rebuffed their advances, adhering to the old adage that you never follow a legend, you follow the failure that followed the legend. Right?
S&P 500 is up 0.2% going into the post, let’s just see how the market reacts, shall we? We’ll also take bets on which DB poster gets invited to leave the audience for trying to post anything other than ‘first, go make me some mcdonalds, or democrats are stupid.’
EP: We’re in tough economic times. [Lists litany of litanies]
True, everyone but 2nd year Wall Street analysts thinks my posts suck. But the increased ad revenue the ensuing debate causes is a good thing.
Back in 1999, a diatribe like this resulted in the deregulation of legislation enacted in 1933 and we all know the awesome spat of Ayn Rand themed sex parties that resulted.
Like your corner pimp, my door will always be open so I can occupy your time just long enough to sell your eyeballs at 5 cents a click.
Thank you for allowing me to waste your time without telling you anything new. Again.
And… -scene-
What’s with all the political trolls today?
@24 Harvard elite? socialized medicine? Taxachussets governor? saving businesses? dad a RINO? sounds like a commie to me!
Sarah Palin!
ALSO….
17, you forget. The very same people who are now in power always claimed that questioning the POTUS is actually patriotic. They claimed that rushing through legislation with significant inter-generational ramifications by utilizing scare tactics was treasonous.
How is it that those very same people are now doing a flip flop on their words all of a sudden?
Thats the problem with all these phony righteous outrage you see. comes back to bite you in the a$$.
The biggest fools in this whole ‘Hope Change’ scam are the urban ‘elites’ and young. Barry O is changing nothing on Bush’s terror handling policies. He says Gitmo will be shut down but some people will have to be held. He still allow renditions in ‘extraordinary situations.’ He will still allow torture in ‘extraordinary circumstances’ (somehow no one is mocking the ticking bomb scenario now). He has refused to disclose details he earlier said he would because it would hurt national security.
Lobbyists will not be hired unless them are needed. He will go through all spending line by line unless, you know, it is urgent and sht. There will be no pork unless there is some urgency and so on.
The only ‘change’ he will bring is that unions and the government will take over all means of production. The rest will remain the same. Didnt you hear the Dem rep the other day. He is giving the banks money to make sure that they do not oppose card check! How much more explicit can it get?
10 = winner
@27. I don’t know if you’ve noticed but all EP does is troll politics. Except for the slight problems that EP is serious and most DB readers believe it.
The Bamster, President for Life.
get used to it SUCKA!!!!!!!!!!!!!
@31, 27 – There’s lots of politics, because DC is the new Wall Street.
I believe it was shown in a prior thread that Erin has in fact slept with two men in the last 24 hours, a rate that would cast doubt on the 3-4 in a lifetime put forth @16.
31
I don’t know if you noticed, but this is a Wall Street blog where most people aren’t commies. Please go back to reading the huffington post
@35. Does that means I can have my $8 trillion back?
And if a politics person comments here on finance issues, does that mean that there won’t be a rash of “STFU U KNOW JACK SHIT GO BACK TO FLIPPING BURGERS”?
Wait, I already know the answers.
31, 36: STFU, and go back to pouring my coffee, you hippie.
31 is a tough guy because he types in caps, you know he isn’t fronting