Professional Politicians Smarter Than The Public?
The Market Ticker ® - Commentary on The Capital Markets
Posted 2011-07-12 09:18
by Karl Denninger
in Politics
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Professional Politicians Smarter Than The Public?
 

Exactly who is it that is really in charge here?  So-called "professional politicians" or the American people?

Are you going to vote for clowns that disrespect you like this America?  You just got called a "dumbass" by the President of the United States - the very same President who wants your vote in a bit more than a year.

Discussion below (registration required to post)
 

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User Info Professional Politicians Smarter Than The Public? in forum [Market-Ticker]
Riceday
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No arrogance there.
Tdray
Posts: 249
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Where do you start with this remark?

Professional politicians? What the hell is that? At least the a-hole admits he looks at it as a job and not a duty.
We shouldn't be looking at bond auctions? Thank you Mr Transparency! Any business person, saver, etc... should be on top of this. If you didn't send the public to your half ass schools, they would be on top of it, and your shennanigans.

<paranoid> I couldn't help but notice that the chyron on the screen when he was speaking, calling the press room "The James Brady Press Room". I wonder if this has anything to do with him pushing for tougher gun control? I've never seen it called this before.</paranoid>

Reason: punctuation
Themortgagedude
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saint louis
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Evidently they are smarter than us. If we were smarter we would have elected someone else.

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I'm already visualizing you with duct tape over your mouth.
Sooner
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I definitively feel community organizers are far more in touch with the nation's finances than an average Joe dork like me....

Rdaniels
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I would like to turn him back into a professional community organizer.

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I wouldn't be so pessimistic if it wasn't so hopeless.
Themortgagedude
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saint louis
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Let me change that. Professional politicians while dumber than a box of rocks still have far superior intellects to the collective intellects of John Q Public - who is dumber than a bag o dicks. Otherwise we would've elected someone else.

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I'm already visualizing you with duct tape over your mouth.

Docj
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All politicians are a$$holes.

The Teleprompter is just a slightly smarmier version of the whole sorry, putrid lot.

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The preservation of liberty depends upon the intellectual and moral character of the people. As long as knowledge and virtue are diffused generally among the body of a nation it is impossible they should be enslaved. - John Adams
Spartacus
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Geez ... the public is, by and large, ignorant, stupid dopes.

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America -- A case study in social pathology. It's a travesty of a mockery of a sham of a mockery of a travesty of two mockeries of a sham.
Goforbroke
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The professional nature of politics creates a conflict of interest in which representatives' top priority is to lookout for their own best interests rather than those of their constituents.

Politics should not be a career, it should be voluntary (or minimal compensation) service.

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We have met the enemy and it is us. -- Pogo
Icanhasbailout
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Imaginationland
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The most revealing part is how he is actually familiar with (and worried about) how the Treasury auctions are going.

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Curbyourrisk
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Farmingdale, NY
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what am I missing.......can;t see anything at work!!!!

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Time is up.

I hate to burst your bubble, but there is no Santa Claus, the tooth fairy does not exist and American justice does not involve the courts.
Kylafoon
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There is only one thing worse than somebody
who doesn't know what they are doing.

And that is somebody who thinks they know what
they are doing...

I can't think of a more perfect example of this than
Barrack Hussein Obama.

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"...But whenever we see things done wildly, but taken tamely, then the State is growing insane..." - Gilbert Keith Chesterton 1910

"I found a flaw in the model that I perceived is the critical functioning structure that defines how the world works." - Alan Greenspan, October 2008

Reason: spell ckr
Swrichmond
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I have said time and again "They will do our recruiting for us." Everyone in America needs to see this clip. Especially the 63% of Americans who oppose raising the debt limit.
Popothebright
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"You get on with your dumb little lives, America. And leave the business of bankrupting the nation to the professionals." - Barack Obama




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In America the choice of political party is little more than a choice of which corrupt management team implements the corporate agenda.

Themortgagedude
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Ican - I'm afraid you're the thread winner here. When BHO is aware of T auctions that makes me worried. Who is buying these and who has been buying them. How much real wealth is there to buy them and how much of it is just paper being printed around the world just to buy each others IOU's in a frantic game of musical chair debt ponzi???

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I'm already visualizing you with duct tape over your mouth.
Bertdilbert
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He sidestepped the question that he failed to convince the American people. If you want to get Obama to say something stupid, accuse him of failure ha ha.

We don't know how a treasury auction works? The primary dealers buy it up and the Fed buys it from the primary dealers bypassing the real debt markets. It is actually a form of fraud. What would actually happen if the treasury market did not have this artificial support? Hmm I seem to remember auction rate securities.. We need the treasury market fraud to continue the debt based GDP fraud.

Maybe Obama should have stated that the public does not know how to conduct a fraud.

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Dear Euroland: Relax, Germany has a plan for your money!

Political Capital Defined: We are out of money but will tax our citizens for whatever it takes to "SAVE" the Euro.
Jono
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I threw a rock at the monitor and broke it after watching that clip. Now I get to help the economy grow. I need to buy a new monitor.

I need someone from government to take me to the store, to pick one out, to bring it home, to install it and pay for it.

Any b'crats available?
Popothebright
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TMG / ICAN -- Good points. I'm not sure I've *ever* heard a president even raise the issue of 'how the Treasury auctions are going' before. Just mentioning them at all, is *very* telling in its own way.

Given that the video is incredibly insulting, it's easy to miss that far more subtle/troubling signal: Obama is worried about Treasury auctions.

Good catch. There's smoke in the air...

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In America the choice of political party is little more than a choice of which corrupt management team implements the corporate agenda.

Lordhumongous
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Just what I'd expect to hear from the commander in chief of the ****stack non-industry "workers" that steal my wealth and redistribute it to the Free **** Army.
Bertdilbert
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The best way to describe this video is...

Obama has a "Let them eat cake!" moment.

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Dear Euroland: Relax, Germany has a plan for your money!

Political Capital Defined: We are out of money but will tax our citizens for whatever it takes to "SAVE" the Euro.
Dashingdwl
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Eat your peas, bitchez.

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When you are hard and disciplined, you can be principled. People fear you because they have no leverage against you. It's the truest form of Liberty.
Richard112360
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Quote:
Professional politicians while dumber than a box of rocks still have far superior intellects to the collective intellects of John Q Public - who is dumber than a bag o dicks. Otherwise we would've elected someone else.


BINGO!!!! smiley
Lordhumongous
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What an *******.

By an amazing coincidence 99% of the people that I know that voted for him are raging *******s that openly support enslaving me to support the FSA.
Trades50
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This is what happens when the people become passive about political matters.

http://thesoundsofhistory.com/hitler.htm....

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When the people fear the government, there is tyranny. When the government fears the people, there is liberty. - Thomas Jefferson
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