I love the days when Joe Biden writes all the blog material for me:

Spot the irony in Vice President Biden’s schedule today, from the White House’s daily guidance:

At 1:00 PM, the Vice President will attend a meeting of the Government Accountability and Transparency Board in the Eisenhower Executive Office Building. At 2:30 PM, the Vice President will meet with representatives of the National Sheriffs’ Association in the Roosevelt Room. These meetings are closed press.”

Hopefully Biden keeps the funny coming for the next several hours. If so I can take the entire day off!

(h/t Weasel Zippers)


15 Responses to “Transparent Irony, Courtesy of Vice President Pluggers”

  1. backwoodsconsr on November 17th, 2011 2:17 pm

    Closed press, closed minds…

  2. backwoodsconsr on November 17th, 2011 2:49 pm

    This reminds me of something I heard about the Procrastinators Club–that the meeting announcements usually don't get mailed out until after the meetings have already been held, but it doesn't really matter because nothing ever gets done at the meetings anyway.

  3. SignPainterGuy on November 17th, 2011 4:44 pm

    Charter member here. I`m rushing to get my sweepstakes entry in so dear ol` Ed can present me my prize ! 😉

  4. clu seatoe on November 17th, 2011 4:04 pm

    This is a test of the WH broadcasting system to see who is paying attention and who will squawk if they really care.

    “At 1:00 PM, the Vice President will attend a meeting of the Government Accountability and Transparency Board in the Eisenhower Executive Office Building. At 2:30 PM, the Vice President will meet with representatives of the National Sheriffs’ Association in the Roosevelt Room. These meetings are closed press.”

    This is typical DC day to day such as create a bill to pass both the Houses (i.e. National Sheriffs’ Association) and attach a rider (Government Accountability and Transparency Board) that only benefits me (These meetings are closed press.”) so it will be included and pass as well.

  5. Marshall_Will on November 17th, 2011 4:18 pm


    The only reason Plugs would conduct himself like this is b/c he has been promised a "Place On The World Stage" in the Post-U.S Domination Period.

    Total scorched earth. Without a 2nd BHO term, all this comes out in the wash. This is all or nothing. He's going w/ All.

  6. Hyperfobea on November 17th, 2011 4:30 pm

    Reminds me of the televangelists of old (and newer incarnations) … no matter how noble-sounding their professions, it's all just useless blather unsupported by action, but that doesn't stop them from repeating it, ad nauseam. It's brainwashing through repitition, Pavlov's dog psychology. Even if nothing ever happens when it was said that something would surely happen, no matter, some people will keep believing, and keep supporting the snakej-oil salesmen.

  7. Pasadena Phil on November 17th, 2011 5:57 pm

    Just when I thought I couldn't get more cynical.

    It can be credibly argued that we are watching a government-sponsored collapse of the global capital market infrastructure.

    Per Ann Barnhardt, founder of now defunct Barnhardt Capital Management:

    Everything changed just a few short weeks ago. A firm, led by a crony of the Obama regime, stole all of the non-margined cash held by customers of his firm. Let’s not sugar-coat this or make this crime seem “complex” and “abstract” by drowning ourselves in six-dollar words and uber-technical jargon. Jon Corzine STOLE the customer cash at MF Global. Knowing Jon Corzine, and knowing the abject lawlessness and contempt for humanity of the Marxist Obama regime and its cronies, this is not really a surprise. What was a surprise was the reaction of the exchanges and regulators. Their reaction has been to take a bad situation and make it orders of magnitude worse. Specifically, they froze customers out of their accounts WHILE THE MARKETS CONTINUED TO TRADE, refusing to even allow them to liquidate. This is unfathomable. The risk exposure precedent that has been set is completely intolerable and has destroyed the entire industry paradigm. No informed person can continue to engage these markets, and no moral person can continue to broker or facilitate customer engagement in what is now a massive game of Russian Roulette.

    Her letter to clients is too long to post in entirety but read it.

  8. Marshall_Will on November 17th, 2011 6:40 pm


    Since no one seems to understand the Ann Barnhart ref. over 'there' perhaps we can discuss it here? As Michelle would say "gobsmackingly"! Whadda' bombshell. Normally I don't involve myself in Mrs. Will's 401k but I called. Go.To.Cash.

    Any 'upside' at this point simply isn't worth the SYSTEMIC RISK we're going to have to weather between now and the end of the year. Funny, just 2 days ago on our local inv. blog I went on a tirade about how these High Financial Crimes aren't nearly as "uber-technical" or worthy of six-dollar words as Ann noted well.

    How many ways are there to say STEALING? Corzine may not have been the one that 'started' the financial meltdown ( but he just might be the guy to END it! ) The opinions of Marshall_Will nor Pasadena Phil should be construed as Investment Advice! ( Standard Disclaimer blah blah )

  9. Pasadena Phil on November 17th, 2011 6:49 pm

    The really bad revelations are coming fast and furious. Yesterday, it was revealed that the Fed created a debt swap facility for the purpose of creating a source of short-term capital to recapitalize the European banks. I don't understand how this works or whose debt is being swapped. Nor can I figure out if this is costing US taxpayers anything. But it is what is causing gold and other key commodity prices to plummet today. The entire "free" world banking system is looking more and more like the days following the collapse of the Soviet Union when the people controlling the channels looted the system for themselves. This is really scary.

  10. Marshall_Will on November 17th, 2011 6:58 pm

    Given all the uncertainty "baked in" to the System, I see no harm going to cash til the dust settles. Rest assured this is costing the taxpayer, if not directly, certainly in terms of currency devaluation.

    These "inter-bank payday loans" are intended to dampen the oscillations and prevent cross-default. Regardless of newly cooked up acronym! I didn't think I was capable of this level of fear, given all we've been thru but this sent a chill up my spine.

  11. Pasadena Phil on November 17th, 2011 7:03 pm

    That this debt-swap facility is a very short-term tactic so it is probably designed to provide capital to the European banks (in lieu of the non-bank ECB) to buy time around a very specific event in the near future. I believe we are about to witness the sovereign default of Greece and maybe Spain and Italy very soon. Somehow, I believe this is setting up the sale of gold by the central banks into broad demand by panicking investors. And then countries will nationalize gold to get back. Just my opinion.

    Personally, I hedged against my core positions last Friday so I'm actually up for the week. But there is no place to hide from what may very well be about to happen. There is no America to run to if our corrupt leaders sell us out.

  12. Marshall_Will on November 17th, 2011 7:11 pm

    Considering how 'well' Debt Swaps have worked in the past..?

    See, I can't really say that. My understanding is that DS's go back to the 80's and were used very successfully by insurers etc. for a number of years without repurcussion.

    It wasn't until they were applied to MORTGAGES they went kahblammy! You're right but they will start by 'incentivizing' investors w/ the velvet steamroller before outright DEMANDING it!

    For the good of the country you know?

  13. Pasadena Phil on November 17th, 2011 7:15 pm

    Anyone who owns gold as a hedge should be watching this closely. Gold is only a hedge if this is just a cyclical recession. The evidence is becoming alarmingly in favor of this being an existential problem for the free world and so offers almost no value as a hedge. I dumped all of my gold weeks ago.

    I've circled the wagons around the last dominoes that would fall if everything collapses (oil, food, and pipeline US stocks) and cash. If that doesn't work, it just won't matter what any of us did to protect our wealth. No markets, no wealth. There is no protection against a systemic collapse except food, ammo and friends.

  14. Marshall_Will on November 17th, 2011 7:27 pm

    To be honest, I've been spinning off gold since it hit $1,500. For the same reasons you note. Corzine really screwed the pooch on this one. Well, he and his ilk. No fan of OWS but if they -finally- decided to direct their angst against those that fully deserve it, don't look for ME to get in their way?

    I have nothing but respect for Ann, her clients feel the same way. This is it. The Final Showdown. It will unfold between now and Nov. 2012. As a church finance comm. mbr. I def. reserved the right to keep the $'s close to home, if it comes down to looking after those nearest and dearest to us.

    We're giving lots of people PT work vice uh… getting those new ceiling fans? It's invaded every facet of our lives.

  15. Pasadena Phil on November 17th, 2011 9:50 pm

    I guess they figured a way to put those "speculators" out of business, close down the capital markets by strangulation. How long before they start dragging career capitalists like us before firing squads? The walls are closing in everywhere you look.

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