Just words


I don’t know about you but I can hardly wait for Obama to read us his next Greatest Speech Ever™

President-elect Barack Obama to deliver major speech on the economy on Thursday (change.gov, January 8, 2009)

President Barack Obama to Give Major Speech on the Economy at Georgetown University (Whitehouse.gov, April 13, 2009)

Obama to give major speech about economy on Monday (AFP, November 9, 2009)

Obama To Promote New Job Ideas During Tuesday Speech (AP, December 5, 2009)

Obama preparing new push to add jobs, tackle deficit (WaPo, December 8, 2009)

In key speech Obama pledges to create jobs (AP, January 27, 2010)

Obama to tout job-creating efforts in Ohio speech (AP, January 5, 2010)

(h/t Dario)

About Myiq2xu - BA, JD, FJB

I was born and raised in a different country - America. I don't know what this place is.
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7 Responses to Just words

  1. yttik says:

    Did anybody get the emails? Apparently Obama is going to give us a million jobs in this speech. Nobody will be unemployed anymore. Unicorns will be dancing in the street and everybody gets a pony. No seriously, that’s pretty much what they said.

    • DeniseVB says:

      If it comes in the form of a stimulus, there will be strings. I think the last one made the states who accepted money hire union only peeps.

      On a related note, those floods and raging rivers up north may become his Katrina afterall. I’ve heard more than one affected resident ask “where’s the help?”

      • Mary says:

        I’m reading that he has been asked to declare New Jersey a disaster zone, but hasn’t had the time to do it.

        Planning several fundraisers in California and Hollywood, they say.

        And yes, stimulus required union labor.

  2. ralphb says:

    How The Economy Quietly Entered A Recession On Friday, And Why The GDP Predicts A Sub-Zero Nonfarm Payroll Number

    zerohedge with a chart I really like on the Global Economic Surprise Model

    While the key market moving event from last Friday may have been Bernanke’s Jackson Hole speech which merely left the door open to future QE episodes, the most important event from an economic standpoint was the first GDP revision Q2, which dropped from preliminary 1.3% to a sub stall speed, in real terms, 1.0%. What is just as important is that as the following chart from Bloomberg demonstrates, the YoY change in real GDP, which is now at 1.5%, is a slam dunk indicator of recession: “Since 1948, every time the four-quarter change has fallen below 2 percent, the economy has entered a recession.
    And lastly, sealing the deal for the “recession” argument is the following data from John Lohman which finds that the collapse in real-time economic data over the past three months is the sharpest in history.

    To wit:

    Another day, another disappointing real-time indicator declines AND is below consensus estimates. In fact, every manufacturing index for the month of August has missed expectations and signaled further weakness. As Bernanke, the IMF, and most Wall St. economists cling to the notion of a second-half acceleration, the rest of us are witnessing a deterioration in global growth which is unprecedented.

    Obummer better hurry his skinny ass up with those jobs.

  3. Dario says:

    I might be wrong, but my memory is that speeches to joint sessions of congress beyond the once a year State of the Union address are rare. But Obama is wearing off his welcome mat.

    CBS: Obama to address Congress on Sept. 7 on jobs plan

    When Mr. Obama first announced earlier this month that he intended to make a big speech in September, a spokesman for Boehner mocked the idea.
    “We really don’t need another speech — just a plan, like, on paper. Seriously, just drop it in the mail. Podium not required. Thanks,” the spokesman wrote via Twitter.

  4. Dario says:

    Maybe the Republicans should decide not to attend the joint session of congress to listen to another speech.

    Obama Schedules Speech Same Night as GOP Debate
    President Obama “intends to deliver his much-anticipated speech laying out his jobs agenda and plan to cut the federal deficit on Sept. 7 to a joint session of Congress,” the Wall Street Journal reports.

    Obama’s timing “steps directly on a Republican presidential debate scheduled for that same evening in Simi Valley, Calif.”

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