He also pledged to do other stuff, despite America being stuck in a “homo box,” due to “fucked up loans.” Oh, if you work on Wall Street, you will be plucked from your house, in order to make solar panels or car batteries, in an unnamed desert not near you.
Go America, go!
UPDATE: No more airplane rides for Wall Street. Take the bus or horse.
UPDATE II: Bush did it.
UPDATE III: Checks are on the way.
UPDATE IV: Bush did it again.
UPDATE V: The U.S. does not torture people. We just ruin their lives with CDO’s.
UPDATE VI: Try to give away your money whenever possible.
Fly Summary: The speech sucked. May the bear market resume sucking the life force from the world.
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All this for the low cost of $50/month?
I approve of Obama. With him getting into congress to set everything straight, we will make it out of this recession stronger.
Ya mon.
$50/month for the next three generations…… from 100,000,000 working Americans who support not only them selves but also the other 200,000,000 slackers, imports and wannabe’s
We are screwed
New article on cre up:
http://ppt.ibankcoin.com/?p=130
As you know, it is not to be read by most of you free loading ingrates aka my new enemies.
Pete:
Are you gay or just an Obamamanic? How the fuck do you think he’s going to get everything right doing what he’s doing , you fucking idiot.
America was great because of its flexibility and the ability to renew itself. How the fuck does Detroit or other parts of the economy renew themselves when they are becoming part of the government apparatus? Fuck off.
Aren’t their hands hurting yet?
Why don’t they just stay standing?
Get on with it people, I just want to lap up the oratory manna.
Love him or hate him, one thing is certain: the guy can talk.
Presidential speech anecdotes blow. What does the bank example supposed to mean? that the govt is giving out our money faster than that executive?
Hilarity
http://www.youtube.com/watch?v=1WqZ5AlRneI
ROFLMAO
Presidential speeches are for unemployed bankers and squatters.
awesome speech.LOL
Rally through 3/5 to S&P 878. The speech was great! Much better than having to listen to a lying, cheating, scumbag, elitist bush. Fuck paulson too.
Good Lord you took the words right out of my mouth. The market will sink like the Titanic tomorrow.
DD: Finely! We are in accord.
What a bunch of shit!
These fucking politicians have no plan to resolve America’s problems. All they want to do is kick the can down the road, and bitch and complain about corporate bankers.
I don’t know why they just don’t raise the retirement age to 66 beginning 2015, and 67 in 2020. Then tell American’s they’ll raise it more as the mortality table continues to rise. But they won’t do that … oh fuck no. They’ll wait until America’s debt is downgraded a couple of times before they finally get around to resolving this problem. By that time, our problems will require radical changes, instead of raising the retirement age a couple of years.
It was a great speech. Enjoy being “rolled on” for the next 8 years.
-DT
Did the speech suck? I got bored & took a shower.
btw, I will sign up for PPT so I will not be Thy Fly’s enemy. By the weekend.
I was glad to hear my higher education will be paid by the government if I flip a few pancakes for the homeless.
Is stripper school included?
Pick your favorite cliche about your president:
1) Big hat, no cattle;
2) All sizzle, no steak;
3) All fluff, no substance
Spend, spend, spend. Is he aware we’re fucking $11 trillion in debt? What a fucking disaster this sweet talking Kenyan joker is going to be.
Fly,
Cramer offers a free trial for his services. How can you compete with that?
Bald dwarf on speed is god!
I can’t wait to “volunteer,” so that I can have my remaining two years of college paid for by the U.S. taxpayer by circle jerking with some “community organizers.”
Favorite cliche:
All grits, no ribs
Bunch of player haters.
Do you really believe he will fix shit ?
At least he should try to sound like he can.
Dido on DD speak…..
By the way if you listened to Bernanke closely today; the stress test is already done. He telegraphed what Timmay will say tomorrow.
Now the man you thought was a little snot shithead hiding under a rock will hit the ball out of the park. At least that is what I’m guessing.
“Take the bus or horse.” HAHAHA (i’m stealing that)
Obama talks the talk, but I haven’t seen him take a decent step yet.
short free loading ingrates
hey Mr Fly
Is the PPT something a stock market neophyte like my self can understand? Would it be a waste of $$ for someone trying to learn?
My hunch is that the retail investors, which were affected by his oratorial abilities rather than listening to the content of the speech, will lift the market tomorrow.
futures still steady moving down. S&P e-minis down 6 points since he quit talking.
Sure Shed. But average joe doesn’t trade futures, does he?
Woodshedder, is your son headed up my way to H’burg this fall?
Average Joe is broke.
Obama should have promised everybody they were going to get laid by hot Asian chicks too.
kmorph, they could certainly lift it off in the a.m. However, I would think that it is the same people who are moving the futures tonight who will guide the market to a close tomorrow, wherever that might be.
Greek, nope, unfortunately for me he is going down to SC, Charleston Southern U.
At least he is getting money to go there. It wouldn’t have been my first choice.
LMAO!! He really said he’s going to cure cancer!
Pass the fucking Marlboros, and get long MO!!!!!!!!!!!!!!
I see your point Shed.
Woodshedder, best of luck to him….I’m sure he’ll have a wonderful experience there!
Hey Fly, you need to change the pic on the front page – the headline “Obama to Cure Cancer” deserves a pic of Hussein with a coffin nail hanging out of his mouth.
http://www.thelmagazine.com/lmag_blog/files/Images/windowslivewritersmokeemifyougotem-12634obama-smoking2.png
Watching the O on DVR. I think Pelosi is sitting on some sort of spring loaded chair. Either that or one of those $30M marsh mice keeps biting her in the ass.
Thanks Greek. He’ll be close to his grandparents which will be a good thing. I was just hoping he’d stay a little bit closer to Richmond.
Well Fuck, Irwin Keller thinks we’re gonna be OK;
http://www.marketwatch.com/news/story/evidence-mounts-recessions-worst-past/story.aspx?guid={71467556-3683-4018-906C-7FFC8A3F9E8C} (you might have to cut and paste that whole thing)
And it’s the most read story on Marketwatch. Fucking dinosaur. Does he even exist?
UPDATE V: The U.S. does not torture people. We just ruin their lives with CDO’s.
lmao.
Fucking stealing that…with attribution
Thank You Sir Fly.
Devildog calling for another rally? That means we crash very soon.
your (sic) a dumb ass!
MOOBER Says:
Hilarity
Thanks!!!!!
what the fuck was that Jindal Republican response, was fucking grandpa talking to preschoolers about the old days? christ he walked in like a retarded version of Mr Rogers
Yeah Jindal is a fucking ‘tard.
Holy cow, what the hell, is there like some kind of Republican conspiracy to do away with members of their party who can speak and be charismatic?
Wood
Yes.
Is Obama still campaigning?
So, he first said we need to make car batteries here and not buy them from Korea. Then he followed it by saying it is a global economy and we, the USA have to work in concert with all nations when it comes to prosperity?
O.K. then what’s the battery story?
If we make the batteries here, they will cost 500.00 each, if we buy them from Korea they cost 25.00 each……In fact that is why we currently buy them from Korea dipshit, no one here is willing to work for .25 cents an hour DIPSHIT !!
Then he said we do not torture…..a little late for that.
Then he said we must all work for free to help some other fuckers kid go to college? don’t think so buddy……
Then he said we have to build back our schools…..well no fucking shit dumbass, the school system has been raped of necessary funding for 20 years. It’s not hard to spend some fucking money on school supplies and get the delapidated schools refurbished for once in 2 decades of abandonment…..
Then he said we built a railroad during the civil war under all that duress and managed to build it despite the hardships of the war…..NO, dipshit, the railroad was built to move war supplies and troops and guns and ammo faster……dumbass…..
Then he said we will not let the auto industry fail, since we invented the automobile !!!! The germans invented the automobile, not us, Henry Ford made his “version” of the automobile years after Benz, Mr. Benz invented the first automobile.
Anyway, to me again alot of talk without any real substance of defined lines of time tables and dates to start said projects. I find the whole evening a “ballroom glamour show of fine dressed men and women waiting for music and wine and gift giving”? nothing more.
The market in my opinion should continue on its downward spiral first thing tomorrow.
All you bears take note:
# The Conference Board’s index of leading economic indicators has risen for two months in a row.
# Producer prices have increased for two straight months.
# Consumer prices rose in January — the first monthly gain in six months.
# The Baltic Dry Index, which measures the cost of shipping key raw materials like copper, steel and iron, has more than doubled from its recent lows.
# Existing-home sales rose in December, and participants in our weekly survey think that another rise took place in January.
# Pending home sales went up in December.
# Builders’ confidence inched up this month.
# Thanks to lower interest rates, applications for both new mortgages and refinancings of existing mortgages are rising.
# Real hourly earnings rose 4.5% in December following a 3.3% increase in November.
# An index of consumer expectations rose in January.
# Retail sales shot up by 1% in January — the first monthly rise since June.
# The decline in consumer credit moderated in the latest month.
# New orders for consumer and nonmilitary capital goods went up in January.
# The ISM index of manufacturing went up last month.
# The ISM index of services rose last month for the second month in a row.
# The money supply is soaring, a sign that there’s plenty of liquidity in the economy.
# The 3-month London interbank offered rate, a measure of banks’ willingness to lend to each other, has dropped to 1.2% from close to 5% a number of weeks ago.
# Other measures of the state of the financial markets, like the TED spread and the 2-year swap spread are down, as well.
# Prices of credit default swaps for banks have fallen from their peaks.
# The corporate-bond markets are thawing out, too; some $127 billion in dollar-denominated debt was issued in January, the most for any month since last May.
# Some securities on banks’ books are starting to recover in value.
All I registered in the speech was the cheque’s in the mail.
Also, I love you, and I won’t cum in your mouth.
BELIEVE IT!
Shed
The GOP freaking lost. That’s what happens when you lose an election. You have to keep trying to put people and experiment a little. There’s nothing wrong with that.
In any event the Dems think that by holding government they can repeal economic laws. Fucking idiots.
I think I discovered the Fly’s secret marketing strategy.
Start hiring on Socialist asshats to tab blog on this site, until you drive all the sensible people to the PPT.
Brilliant.
One flaw, though.
You think up, and then type out shit like “Take the bus or horse” and you ruin all that sneaky marketing strategy in one fell swoop.
You cannot HELP YOURSELF you brilliant motherfucker! 😉
Seriously, thanks for brightening anotherwise crappy night.
We. Are Fucking. Doomed. Jake out.
___________
Okay, sorry.
Two things… Boomer’s vid too.
You know something is funny as shit when you can watch it twice and still laugh your ass off.
You can chop shit with it…
You can chohhhhp shit with it…
You can chop shit with it!
Free!
Brilliance.
_________
Donny ranted:
I don’t know why they just don’t raise the retirement age to 66 beginning 2015, and 67 in 2020. Then tell American’s they’ll raise it more as the mortality table continues to rise. But they won’t do that … oh fuck no. They’ll wait until America’s debt is downgraded a couple of times before they finally get around to resolving this problem. By that time, our problems will require radical changes, instead of raising the retirement age a couple of years.
That change was made 25 years ago.
The retirement age for full SS benefits began creeping up starting with people turning 65 in 2003. The full retirement age hits 66 in 2020 (people born in 1954) and 67 in 2026 (people born in 1960 or later).
Fly,
My mouth was drooling when LVS was at $3.29 and naturally I pounced hard. On a scale of one to fucked, how fucked am I?
PS, in my internet fuckery, I came across this rap song addressing the recession. Thought you assholes might enjoy, it’s not too bad:
http://billydraper.com/post/80930418/recession-dreezy-a-little-somethin-somethin
LVS has fuck you, you’re dead written all over it. GTFO and reallocate the money into a Fly Buy. Or just short XOM and cash in your chips in 1-3 months.
Don’t forget to both leg-out of LVS and leg-into new positions. 1/5 sized orders are a good start.
War is officially On The Balance Sheet. Talk about a toxic asset.
Fly or Crude …. is ZN the new Madoff Bubble?
Gap/Yap …. GLL verification:
http://www.ibankcoin.com/flyblog/index.php/2009/02/23/fly-buys-swhc-rgr/#comment-94774
Remington Arms is owned by Cerberus Capital Management. Odd, no?
Holy fucking spaghetti. Japanese exports down 45%!:
http://news.bbc.co.uk/2/hi/business/7909248.stm
http://www.ft.com/cms/s/0/88ce8ed4-02f4-11de-b631-000077b07658.html
Yes Starscreampp
I reported it earlier on another thread titled Fucked Watch.
Obama claims NO PROTECTIONISM…Yet he will:
-Eliminate tax benefits for companies that create jobs overseas.
-Pass stimulus bill that restricts buying goods made in the good ole USA
Nope…no protectionism here…move along.
Surprised that Obama did not promise to create cold fusion while he was at it.
The “Pete” ^^^ above needs to pull his head out of his ass.
TOP
I only heard parts of the speech as I was busy switching between the Gator/LSU BB game and the Magic game.
What I heard can best be described as “trickle up poverty” (as opposed to trickle down economics- heard this on CNN of all places).
The community service for tuition is absolute bullshit and an attempt to turn the kids into little Saul Lewinsky activists. There are so many religious groups and non profits doing real work that this proposal is nothing more than an attempt to program little socialists and Marxists.
Hey you want your tuition paid. Work for it and get real $$ for tuition. Get an internship, make pizzas, lay sod, do construction, etc.
But then again, this generation gets their news from The Comedy Channel.
Done.
Being a Libertarian I would not make a speech with a ride inside a $3000000 limo and about $200000 worth of escorts.
I would turn the lights and heat down low and show an example by cutting costs on TV for myself and my staff. You see the speech was good but actions speak louder than words. If the fat cats on wallstreet have to change so do the people that make the laws. IT WAS GOVERNMENT THAT ALLOWED THIS TO HAPPEN ! They need to downsize take drug tests and be qualified to do the job like the rest of us.
If the people in the government get an extra year of education along with the rest of us Obama’s plan might work. If the government can run PONZI SCHEMES like Social Security etc. and blame Wall Street for greed is a joke.
I will give Obama a chance he has the talent to make a change. He is are only hope. The Republicans need to stop crying in their milk and get better people to run for office. [Sara Palin] How would her speech be? Confusing and not to the point.
SWHC shares could receive some selling pressure:
http://bostonherald.com/business/general/view/2009_02_25_Trigger-happy_gun:_Smith___Wesson_recalls_Bond’s_weapon_of_choice/srvc=home&position=1
maybe a chance to buy some on a pullback, for those who wish to get in.
Obama’s only statement that meant anything to me was his bit on the energy policy. I would love to see America run on domestically supplied energy. Let China and India burn Middle East oil. And Canada invests billions on tarsands to import to the US. But where is our energy policy i all this …Like Pickens says, “An idiot with a plan beats a genius without a plan”..
The US has vast amounts of natural gas that can compete with oil.
When (if) inflation every comes back, imported oil will again weigh on the US economy. We can hedge inflation with domestic energy – and ultimately, our own natural gas industry will also help keep oil prices lower.
bullet proofing my 65 GTO….for runs to grocery store..
Best thing is this morning they interviewed the vice president and the last question was…what the website that people can go to to see how the money is being spent….and he said he couldnt remember…DEE DEE DEE.
its recovery.gov Joe!
Doess Barry O practice whizzahdry (O&A Ref)?
The Messiah is going to take from the savers and responsibile, and give it to the deadbeats to help them stay in the homes they paid too much for and can’t afford!!
He’s going to raise taxes on the most successful members of society, and give it to the deadbeats!!
He ran on “spread the wealth”, and he’s executing on his promise!!
Long live Fidel, Chavez, and The Messiah!!!
currency needs to be devalued to let inflation catch up and stabilize the housing market somewhat.