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$38 Billion In Cuts? Make That $353 Million

Tyler Durden's picture


Warning: people on blood pressure medication are urged not to read this.

Yesterday the media had a field day when it was uncovered that the hard fought $38 billion in budget "cuts" which almost caused America to shut down were in reality $14 billion. We, thus, can't wait to find out what the response will be when it is uncovered that the actual cuts were... $353 million. Yes: the ongoing functioning of the government was a pawn in a soap opera whose benefit to the US debt is $353 million, or about what Goldman's trading desk makes in less than one day.

From Washington Post:

A new budget estimate released Wednesday says that the spending bill negotiated between President Barack Obama and House Speaker John Boehner would produce less than 1 percent of the $38 billion in claimed savings by the end of this budget year.

The Congressional Budget Office estimate shows that the spending bill due for a House vote Thursday would pare just $352 million from the deficit through Sept. 30. About $8 billion in cuts to domestic programs and foreign aid are offset by nearly equal increases in defense spending.

The House began debate on the measure Wednesday with a test vote slated for the early afternoon. The measure appears on track to pass the House and Senate this week before a stopgap spending measure expires Friday at midnight despite opposition from some of the GOP’s most ardent budget cutters.

The budget deficit is projected at $1.6 trillion this year.

The CBO study confirms that the measure trims $38 billion in new spending authority, but says many of the cuts come in slow-spending accounts like water-and-sewer grants that don’t have an immediate deficit impact.


Republicans say they wish the measure would cut more but that the cuts negotiated by Boehner are about as good as can be expected giver that Democrats hold the Senate and the White House. In his February budget, Obama pressed a freeze on domestic agency accounts.

“We continue to push this president to places he never said he would go,” said House GOP Whip Kevin McCarthy of California. “The president said he would freeze spending. Our Speaker negotiated, outnumbered 3-1. We have cut spending.”

Speechless yet? You should be. And for those confused how B.H.O. picked the arbitrary number of $4 trillion in "cuts", John Lohman summarizes it best.

How Washington Cuts $38 Billion in 5 Simple Steps:

1.    Announce spending bill that claims $38 billion in cuts
2.    Wait for CBO to announce it only cuts $353 million1
3.    Realize you only do 0.0093% of what you say2
4.    Divide $38 billion by 0.0093% to get necessary target3
5.    Round to the nearest trillion and announce result

1 : Source: Washington Post, April 13, 2011
2 : $353 million divided by $38 billion
3 : $38 billion divided by 0.0093 = 4.1 trillion





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Wed, 04/13/2011 - 15:25 | 1166391 The Alarmist
The Alarmist's picture

Reminds me of the old cartoon where scientist one points to a box in the middle of his equation, and the caption of the box reads, "Then a miracle happens."


Wed, 04/13/2011 - 15:35 | 1166412 redpill
redpill's picture

The cartoon it reminds me of is this:

The whole thing is an insult to dog & pony shows.

Wed, 04/13/2011 - 16:34 | 1166643 tmosley
tmosley's picture

Christ, you just keep blabbering even though you have no fucking clue what you are talking about.  

When you own gold or silver, physical, in your hand, no-one can steal from you without physically taking it.  Your kind love fiat money because you can steal as much as you want via dilution and no-one is the wiser.  You then proceed to claim that anyone who points out the theft are "sheep" for some reason.

How do you keep from drowning in the shower?

Edit:  Did someone delete a bunch of posts in this thread?  I am now replying to someone that I was not replying to previously.  This was directed at Mark McGoldrick, along with another "pure gold" reply.  

Wed, 04/13/2011 - 16:39 | 1166697 redpill
redpill's picture

Yes, occasionally when things get too ridiculously trollish and OT, they get "disappeared" - I knew who you were talking to, though now you may get undeserved junks because the continuity was fractured.


Wed, 04/13/2011 - 16:39 | 1166712 tmosley
tmosley's picture

I would guess it was a server error, otherwise my above reply would be gone too--they wouldn't leave one non-troll reply while deleting a bunch of others.

Wed, 04/13/2011 - 18:45 | 1167038 marc_hanes
marc_hanes's picture

A good policy is when you think a post you are responding to may be "disappeared" state in the first line who you are responding to. As in: @tmosley

This should help eliminate ambiguity.

Wed, 04/13/2011 - 21:09 | 1167456 Arkadaba
Arkadaba's picture

Nope - happened to me around a week ago. My comment was left in place but the comment I was responding to got disappeared. Looks like if a comment gets over 45 - 50 junks, it gets deleted. 

Edit: Not surprising - the comment was by that Mark MacGoldDick guy

Wed, 04/13/2011 - 17:52 | 1166904 andybev01
andybev01's picture

Oh, thank god; I thought you had a stroke.

Wed, 04/13/2011 - 17:54 | 1166915 tmosley
tmosley's picture

Random thought--an epitaph for Charlie Sheen:

Died of a stroke...OF GENIUS!

In hindsight, I should have put my edit at the top of the post rather than the bottom.

Wed, 04/13/2011 - 18:25 | 1166974 long juan silver
long juan silver's picture

When you own gold or silver, physical, in your hand, no-one can steal from you without physically taking it.

Except when you sell it. Or when you buy it. Or when you store it. Or when when the the government starts 1099-ing it, or when you transport it to/from overseas &c, &c, &c.


You're a blubbering ass. You type before you think. It's a real personal flaw of yours and I'll bet you talk the same way. When you do that your 600 daily posts start to real like an Ed, Edd & Eddie script.

Wed, 04/13/2011 - 20:13 | 1167290 tmosley
tmosley's picture

I thought you sounded like a 12 year old, Willy the Dumbass.

Thu, 04/14/2011 - 04:41 | 1168058 Popo
Popo's picture

So few people see the ass-reaming of government metals transaction-taxes on the horizon.  The real trick is not going to be just holding physical.  The real trick is going to be getting your physical off shore.

I suspect we're going to hear about people with trunk-loads of silver getting busted on the way into Canada soon...


Thu, 04/14/2011 - 08:49 | 1168302 rocker
rocker's picture

Sorry, but they will get you off shore too. Unless you plan to leave and live there.

On the topic, that's why the FED has a printing press. 

This is good for Gold, Silver, Platinum, Palladium, Rhodium, Rare Earths and very good for Ink Futures.

                                         Dam, there are no ink futures. GS has that in a private account. Hmmmm. 

Thu, 04/14/2011 - 03:59 | 1168039 Michael
Michael's picture

Thank God Congress did not disrupt my complete and total economic collapse scenario.

Wed, 04/13/2011 - 21:58 | 1167610 FreedomGuy
FreedomGuy's picture

You can do the same thing with stocks, too. However, unlike government companies don't want the value to go to zero.

Wed, 04/13/2011 - 22:29 | 1167687 DoctoRx
DoctoRx's picture

TD's post says it is "updated" - wonder if that led to the (numerous, I think) comment deletions.  


Wed, 04/13/2011 - 22:45 | 1167726 krispkritter
krispkritter's picture

Mark McTrollDick is kinda tiresome...'How do you keep from drowning in the shower?' Obviously by blowing himself...heard those spineless types excel at that. No visual needed, just take a beer off the wall...

Wed, 04/13/2011 - 16:44 | 1166707 Obummer
Obummer's picture

Ladies and gentlemen, kind folks of America, friends and global citizens, I come to you today to speak of the future.  The future is out there, it is waiting for us.  And we are going to win it.  We are going to win the future.

Some say the future has yet to happen, that the future is not a war, that it is not "winnable".  You and I, fellow Americans, know better than that.  You know as I do that the future has always been bright for America, for the American people.  The future is ours to grasp, right in front of us.  The future is there in the air, like the brass ring on a merry-go-round at the county fair.  All we have to do is reach out our hands and the future is ours.  We will win the future.

Now, winning the future may not be easy.  It may require some sacrifice from all of us. Others may seek to grab the future from us, to pull it back, out of our grasp.  This will not happen, not as long as I am President of this great nation.  We will not allow anyone to pull that brass ring out of reach.  We will hold it in place, and then we will reach out and take it.  The future is America's, and we will win it. The future is America's new manifest destiny.

This is not to say that we will win the future alone.  There is plenty of room for our friends and allies in the international community to also win the future with us.  Together, we can all be winners.

I have heard of some attempts within our ranks to discredit the idea of winning the future. This is not right.  This is not the America I love. Clearly these attempts have been orchestrated by the terrorists that we have been fighting for so long.  You see, the terrorists also want to win the future, and they have infiltrated the very heart of American society. Even as I speak they are in our living rooms and our bedrooms, waiting for their moment to strike. Rest assured that I will do everything in my power to ensure that these terrorists are unable to grab our brass ring.  They will not win the future.  America will win the future.  Thank you, good night, and God bless America.

Wed, 04/13/2011 - 16:50 | 1166741 Mach1513
Mach1513's picture

if only we could lose the past...

then the future that we win might be worth something....

Wed, 04/13/2011 - 17:34 | 1166866 Carpe Diem
Carpe Diem's picture

Beautifully written. Watch him shuck and jive. And he fiddles better than Nero.

This great viral tune says it all.

It's the new matra for all of us tired of the political charade.

Wed, 04/13/2011 - 17:39 | 1166871 goldfish1
goldfish1's picture

Sounds like the speech writer for the semi literate BushII.

Excellent plagiarism.

Wed, 04/13/2011 - 17:48 | 1166894 That Peak Oil Guy
That Peak Oil Guy's picture

I'm not sure there's much of a future left for us to win...


Wed, 04/13/2011 - 18:44 | 1167034 Rodent Freikorps
Rodent Freikorps's picture


That "Some say" strawman just never gets old, does it?

Wed, 04/13/2011 - 21:25 | 1167515 cbxer55
cbxer55's picture


Thu, 04/14/2011 - 02:35 | 1168003 Dave
Dave's picture

Interesting. Win something that is not a contest and does not yet exist. So, how does one win it and what happens if you do?

Thu, 04/14/2011 - 04:05 | 1168041 Michael
Michael's picture

I see your lips moving but your not actually saying anything. Good Obama diatribe.

Wed, 04/13/2011 - 15:32 | 1166428 willien1derland
willien1derland's picture

Love the Far Side  - Would love to see Gary Larson's take on this fiasco

Wed, 04/13/2011 - 15:44 | 1166470 EscapeKey
EscapeKey's picture

Even Gary Larson couldn't come up with shit this hilarious.

Wed, 04/13/2011 - 17:18 | 1166835 sterling effort
sterling effort's picture

Love the Far Side  - Would love to see Gary Larson's take on this fiatsco

Fixed it for you

Wed, 04/13/2011 - 15:33 | 1166430 Cognitive Dissonance
Cognitive Dissonance's picture

I had forgotten about this one until you mentioned it. The caption is just as funny because no one in Congress or the White house will want to be explicit. Just accept it when we tell you it's $4 Trillion by 2024.


Wed, 04/13/2011 - 15:36 | 1166439 Michael
Michael's picture

I can't wait to fire hundreds of incumbent senators and congressmen in 2012.

Wed, 04/13/2011 - 15:36 | 1166446 dogismyth
dogismyth's picture

do you think that will solve the problem?

Wed, 04/13/2011 - 15:42 | 1166469 Michael
Michael's picture

Firing those people over and over again and again, yes.

$100 billion in spending cuts means 100,000 democrat jobs and votes lost. That's why they don't want to cut spending period.

I will deploy my secret weapon on them soon.

A complete and total economic collapse of the USA will fix this country in the end. 

Wed, 04/13/2011 - 15:47 | 1166490 redpill
redpill's picture

Shh, all your talking makes it hard to hear the band.  Don't worry, they told me this ship can never sink.

Wed, 04/13/2011 - 15:59 | 1166535 Dr. Richard Head
Dr. Richard Head's picture

And wouldn't you know it, but JP Morgan was behind that damned ship as well?

 1902, J. P. Morgan & Co. financed the formation of International Mercantile Marine Company, an Atlantic shipping combine which absorbed several major American and British lines.  One of IMM's subsidiaries was the White Star Line, which owned the "RMS Titanic". The ship's famous sinking in 1912, the year before Morgan's death, was a financial disaster for IMM, which was forced to apply for bankruptcy protection in 1915. Analysis of financial records shows that IMM was overleveraged and suffered from inadequate cash flow that caused it to default on bond interest payments. Saved by World War I, IMM eventually reemerged as the United States Lines, which itself went bankrupt in 1986.[18] Morgan lost heavily on the deal.[19]

- Wikipedia

Fucking JP Morgan.  The story hasn't changed. Will it ever?

Wed, 04/13/2011 - 16:20 | 1166595 redpill
redpill's picture

Doubtful, the banksters are already playing for the next chapter.  You can be sure that they'll do whatever is necessary to get in early on the next "system" when this one finally dies.

"This will be the 6th time we have destroyed Zion, and we have become exceedingly good at it."

--The Architect 

Wed, 04/13/2011 - 17:39 | 1166877 Carpe Diem
Carpe Diem's picture

And here is the band playing the new matra for all of us tired of the political charade.

Wed, 04/13/2011 - 16:43 | 1166725 dogismyth
dogismyth's picture

Voting them out again will do nothing.  Are americans really that ignorant? I guess so.  And if that doesn't work we can go to Plan B...defecate on their front lawn.

Voting is a right.  Just like a shareholder...which you the USA, Inc.  And guess what your only entitlement is that never changes....paying the piper.


Wed, 04/13/2011 - 16:07 | 1166569 kito
kito's picture

rotate the oligarchy

Wed, 04/13/2011 - 16:47 | 1166734 j0nx
j0nx's picture

HAHA good luck with that there sparky. The fine citizens of Nevada and the SanFran area see fit to keep returning Reid and Pelosi to us election after election so something tells me there won't be too many sociopaths fired next year. At least not the ones who matter anyway.

Wed, 04/13/2011 - 17:01 | 1166787 walküre
walküre's picture

Firing them is only 50% of where you want to be.

Not replacing them is the other 50% of the deal.

Get the deal done!

Wed, 04/13/2011 - 17:40 | 1166878 goldfish1
goldfish1's picture

Diebold doesn't fire the incumbents who tow the line.

Wed, 04/13/2011 - 15:53 | 1166510 Professor Hindsight
Professor Hindsight's picture

What did you expect from god believing dumbasses that run this country?

Wed, 04/13/2011 - 15:54 | 1166513 redpill
redpill's picture

You mean Allah?

Wed, 04/13/2011 - 16:16 | 1166601 takinthehighway
takinthehighway's picture

The only god these people worship is the one they see in the mirror.

Wed, 04/13/2011 - 16:32 | 1166671 mtomato2
mtomato2's picture

Your coment is idiotic.

Wed, 04/13/2011 - 16:43 | 1166726 topcallingtroll
topcallingtroll's picture

They scare me too. They really dont believe we have to control popylation or address sustainability to save the future because jesus is coming and he will wave a magic wand and.fix everything for us.

Wed, 04/13/2011 - 17:16 | 1166827 mtomato2
mtomato2's picture

...and so is yours.  To be fair, I junked you, too.

Wed, 04/13/2011 - 20:13 | 1167291 mtomato2
mtomato2's picture

Buncha Pussies.

Wed, 04/13/2011 - 21:00 | 1167430 cranky-old-geezer
cranky-old-geezer's picture

They ... [believe] jesus is coming and he will wave a magic wand and.fix everything for us.

They better hope he doesn't come back.  They'll be in really deep shit if he does. They're not gonna like what he tells them.

Wed, 04/13/2011 - 22:51 | 1167728 RichardP
RichardP's picture

They really don't believe we have to control popylation or address sustainability to save the future ...

Do you think it would make a difference if they believed in population control and sustainability?  Like, believing in these things will actually fix things?

The folks who scare you also know that the following is in the Bible.  I'm guessing that they believe this also.  What in the world are these verses talking about?  And should they send a tingle down your spine?

Mathew 24:22  And except those days should be shortened, there should no flesh be saved: but for the elect's sake those days shall be shortened.

Mark 13:20  And except that the Lord had shortened those days, no flesh should be saved: but for the elect's sake, whom he hath chosen, he hath shortened the days.

What is coming that the whole world will die except that Jesus will come sooner than expected and circumvent the annihilation?  Given that he will come back sooner than expected, it will likely be a better than expected event.

Wed, 04/13/2011 - 23:16 | 1167826 Hot Piece of Bass
Hot Piece of Bass's picture

Another passage which has always brought me strength...

"And here's a
new trick, Mr Knox....
Socks on chicks
and chicks on fox.
Fox on clocks
on bricks and blocks.
bricks and blocks
on Knox on blocks."

- Fox in Sox 23:12

If you really want to die that bad why not go over to Fukushima and make yourself useful in the meantime?

Go kick some dirt on that sh*t or something.


Sun, 04/17/2011 - 01:38 | 1177381 Hephasteus
Hephasteus's picture

I like the part where he contradicts himself about every damn thing and nobody calls him crazy.

Wed, 04/13/2011 - 23:38 | 1167848 RichardP
RichardP's picture

I was supporting topcallingtroll's contention that the future is not likely to be saved - using the same literary space that he used (the Bible).  If that came off like a death-wish on my part, that wasn't my intention.

Thu, 04/14/2011 - 03:39 | 1168031 Michael
Michael's picture

That's Agenda 21 bullshit you are talking about you know.

Wed, 04/13/2011 - 22:05 | 1167616 FreedomGuy
FreedomGuy's picture

Virtually none of them have a compelling belief in God. They have a belief in government, it's power and their ability to dispense prosperity, economic justice, retribution, fairness...and other godlike characteristics. It's more seductive than sex and invisibly evil and corrupting.

If they had a significant belief in God they would hold themselves accountable and recongnize something greater than themselves. Besides, the atheists haven't done particularly well in the old USSR, PRC, PRNK, etc.

Wed, 04/13/2011 - 15:55 | 1166518 williambanzai7
williambanzai7's picture

Wed, 04/13/2011 - 17:13 | 1166816 agrotera
agrotera's picture

Exactly williambanzai7!!!

Wed, 04/13/2011 - 17:33 | 1166858 falak pema
falak pema's picture

hoopla! tomorrow beats today any day...I don't know Why!

Wed, 04/13/2011 - 16:30 | 1166663 mtomato2
mtomato2's picture

...Had this on a sweat shirt in my nerdier days.

...good times...

Wed, 04/13/2011 - 20:20 | 1167307 mtomato2
mtomato2's picture

There was absolutely NO reason to junk the previous comment.

Wed, 04/13/2011 - 21:16 | 1167486 defender
defender's picture

Ehh, it was just the jocks helping you remember what it was really like durring those good times.  As long as you don't mention anything involving a locker room and a towel, we should be OK.

Wed, 04/13/2011 - 16:44 | 1166730 Arkadaba
Arkadaba's picture

A friend sent me this today - I do think people are starting to understand:

Wed, 04/13/2011 - 16:50 | 1166742 j0nx
j0nx's picture

No, they are not. Not even close by a long shot.

Wed, 04/13/2011 - 21:37 | 1167558 mogul rider
mogul rider's picture

Deux Ex Machina


The new normal

Wed, 04/13/2011 - 15:44 | 1166472 jus_lite_reading
jus_lite_reading's picture

WHOA! Russia Today says 400 thousand people in 200km radius will get cancer!!

RIGHT NOW ON YOUTUBE! This is very very very scary

After reading TD's GREAT WRITE UP here with high bloodpressure and seeing this video OMG I think my heart is stopping!

Wed, 04/13/2011 - 15:55 | 1166517 Commander Cody
Commander Cody's picture

Too much coffee?  Perhaps speed?  China said its a no-never-mind.  One cancels the other, so it didn't happen.

Wed, 04/13/2011 - 16:31 | 1166625 equity_momo
equity_momo's picture

haha that sounds like a Far Side greeting card.

in hitch hikers guide to the galaxy ,the question was "what is the answer to the ultimate question of life,universe and everything.

a more difficult question is "when will the sheeple wake the fuck up to this fubar govn"

Wed, 04/13/2011 - 16:59 | 1166775 mtomato2
mtomato2's picture

Today in class, I showed a video by The History Channel about the French Revolution.  It made me compare and contrast things as they were vs. things as they are.  They are very, very similar.

They had the Enlightenment. We have the BRICs

They had massive crop failure and record bad weather.  Check the forecasts for the US this season.

They had The French Nobility, we have Michelle Obama.

They had massive inflation (but not iPads) we have, arguably, 10% inflation on things that matter.

They involved themselves in wars they couldn't afford (or win) (US v. Britain, France v. Austria)

They were the biggest show in town, economically and even size-wise.

They pushed the proletariat to it's breaking point.  We have fluoride.

No, seriously.  Is it such a stretch to imagine that TPTB, wayyyyyy back when, as soon as they had the technology, might introduce an element into society that when, once ingested en mass and over a broad length of time, would serve to prevent a revolution like that from ever happening again?

Can you even imagine such a thing happening here in The States?  Has Fluoride and TV finally done its job?  When have we lost enough? 

Incredible.  The only riots that have taken place around here was because $100,000 +/Year wasn't enough for school teachers in the Midwest.  God help us.


Wed, 04/13/2011 - 17:20 | 1166817 sschu
sschu's picture

the French Revolution

In my efforts to find the closest historical parallel to our predicament it seems the French Revolution is one of the most interesting.

Projecting forward, Robespierre, the National Assembly, the guillotine and the public demonstrations etal are not that far fetched.  It all results in Napoleon a dictator, crowning himself emperor, invasion of Europe and death in Russia.

Very believable, possible and concerning.



Wed, 04/13/2011 - 17:42 | 1166885 Carpe Diem
Carpe Diem's picture

How about Nero who fiddled while Rome burned.

Here is a great tune after his namesake that says it all.



Wed, 04/13/2011 - 17:59 | 1166922 Steaming_Wookie_Doo
Steaming_Wookie_Doo's picture

Now accepting applicants for several Tricoteuse positions! We're handling unemployment.

Wed, 04/13/2011 - 19:11 | 1167103 Ident 7777 economy
Ident 7777 economy's picture

Can you even imagine such a thing happening here in The States? Has Fluoride and TV finally done its job? 

- - - - - - - - - - - - - - - - - - - - - - - - - -

TV and - the I. R. S.


- - - - - - - - - - - - - - - - - - - - - -  

Incredible. The only riots that have taken place around here was because $100,000 +/Year wasn't enough for school teachers in the Midwest. God help us.

- - - - - - - - - - - - - - - - - - - - - -

Food stamps; were the ppl actually starving there might be 'riots' ... otherwise ...





Wed, 04/13/2011 - 22:39 | 1167710 SaulA
SaulA's picture

"They pushed the proletariat to it's breaking point.  We have fluoride."


Does that explain why people with private wells (i.e. rural home dwellers) are terrorist individualists?

Wed, 04/13/2011 - 18:38 | 1167016 Stuck on Zero
Stuck on Zero's picture

In the defense business we had large flowcharts which always include one box called: ATAMO - And Then A Miracle Occurs.

Thu, 04/14/2011 - 01:14 | 1167953 SoCalBusted
SoCalBusted's picture

We had one labeled "FM"..  Fucking Magic

Wed, 04/13/2011 - 15:27 | 1166394 TooBearish
TooBearish's picture

I have high blood pressure and I am not reading this

Wed, 04/13/2011 - 15:27 | 1166400 Id fight Gandhi
Id fight Gandhi's picture

Handful of beta blockers downed with a shot of scotch you handle anything.

Wed, 04/13/2011 - 15:30 | 1166419 FOC 1183
FOC 1183's picture

that combo lowers my golf score by 8 strokes

Wed, 04/13/2011 - 15:42 | 1166465 redpill
redpill's picture

it doesn't count if you've fallen asleep in the cart by the 16th hole and your buddies give you pars on the last two

Wed, 04/13/2011 - 15:46 | 1166487 Id fight Gandhi
Id fight Gandhi's picture

I've tried taking up golf, but I just can't drink that much and finish 18 holes.

Wed, 04/13/2011 - 15:49 | 1166501 redpill
redpill's picture

That's why I stay away from brothels in Bangkok as well

Wed, 04/13/2011 - 15:49 | 1166503 drswhaley
drswhaley's picture

That's 0.0093% of the total shots you take during a round?

Wed, 04/13/2011 - 16:00 | 1166537 FOC 1183
FOC 1183's picture

yes, but didn't want to sound like the lush that i am

Wed, 04/13/2011 - 16:19 | 1166609 downrodeo
downrodeo's picture

Another drawback to the coming collapse: no more pharmaceuticals... :-( i'm going to actally have to deal with my emotions. Suck!

Wed, 04/13/2011 - 17:22 | 1166839 Rusty Shorts
Rusty Shorts's picture

stock up while it's still legal.

Wed, 04/13/2011 - 17:46 | 1166892 goldfish1
goldfish1's picture

Grow your pharmaceuticals.

Wed, 04/13/2011 - 19:15 | 1167124 cgbspender
cgbspender's picture

Goddamn I'll miss drugs.

Wed, 04/13/2011 - 21:25 | 1167516 nmewn
nmewn's picture

Peyote ;-)

Wed, 04/13/2011 - 15:25 | 1166395 Bicycle Repairman
Bicycle Repairman's picture

I believe the FED said they couldn't do it alone.  They needed help from the fiscal side.  Now you have your answer.  And commodities are supposed to crash?

Wed, 04/13/2011 - 15:27 | 1166396 Village Idiot
Village Idiot's picture

353mm. winning.

Wed, 04/13/2011 - 15:38 | 1166450 Dr. Richard Head
Dr. Richard Head's picture

Winning the future, Village.  Winning the future.

Wed, 04/13/2011 - 15:54 | 1166521 Village Idiot
Village Idiot's picture

Oh yeah, the future.

Wed, 04/13/2011 - 15:47 | 1166491 jus_lite_reading
jus_lite_reading's picture



Wed, 04/13/2011 - 17:48 | 1166897 goldfish1
goldfish1's picture

Pitchforks? Heck no, they have massive crowd control.

Wed, 04/13/2011 - 15:26 | 1166397 lieutenantjohnchard
lieutenantjohnchard's picture

speechlees? no. surprised? no. met expectations? yes.

Wed, 04/13/2011 - 15:35 | 1166432 centerline
centerline's picture

Too funny.  Like anyone thought they could really cut the budget!  The script clearly says to cut just a tiny little bit (and talk a big game) - enough to spook everyone into thinking the world might come to an end really soon as a result.  Kind of like barfing just to top of the throat without losing the whole meal.

Wed, 04/13/2011 - 17:52 | 1166903 goldfish1
goldfish1's picture

No one except the federal employees cared if they shut down the gubmint. I just want 'em to stay open long enough to process my income tax refund.

Thu, 04/14/2011 - 03:11 | 1168020 Dave
Dave's picture

Refund? Far out man.

Wed, 04/13/2011 - 15:29 | 1166399 Sudden Debt
Sudden Debt's picture

I bet Obama is a good tapdancer.





Wed, 04/13/2011 - 16:29 | 1166655 Debtman And Robbin
Debtman And Robbin's picture

You think he'd also be a good "National Continuity Coordinator"?

Therefore, which one would qualify as "catastrophic emergency"? Fukushima? Government shutdown? Comex collapse? Zerohedge turning out to be a CIA psy-ops? Muir changing his avatar?

"Catastrophic Emergency" means any incident, regardless of location, that results in extraordinary levels of mass casualties, damage, or disruption severely affecting the U.S. population, infrastructure, environment, economy, or government functions;

Is a telepromter eligible to be the "single National Continuity Coordinator"? Would a telepromter with a two inch mustache be eligible?

NSPD-51 and HSPD-20. I wonder if there is a German copyright on that shit, dating back to...let's say...1933.

Too many questions...sorry. Gotta get another beer.

Wed, 04/13/2011 - 15:29 | 1166401 NOTW777
NOTW777's picture

this is the same CBO that said obamacare would cut the deficit

Wed, 04/13/2011 - 15:38 | 1166447 smlbizman
smlbizman's picture

the cbo is the scape goat....everyone of these assholes always credit their decisions to someone else, ...never ever have anyone stood up and said my idea is...its the cbo, boweles simpson, god, the people for fucking other people.etc.,....all the cbo does is math based on provided big o says 1+1= 4....hows it look?

Wed, 04/13/2011 - 15:39 | 1166459 willien1derland
willien1derland's picture

Bingo! We have a winner, unfortunately, if you are a US taxpayer well you know where you stand unfortunately - I want to know when it became publicly acceptable to blatantly lie without accountability or recourse....

Wed, 04/13/2011 - 15:51 | 1166500 Pool Shark
Pool Shark's picture


I think it was somewhere between:

"I did not have sex with that woman, Monica Lewinski."


"Simply stated, there is no doubt that Saddam Hussein now has weapons of mass destruction."


Wed, 04/13/2011 - 16:04 | 1166547 NOTW777
NOTW777's picture

2 clinton quotes

Wed, 04/13/2011 - 16:14 | 1166588 Pool Shark
Pool Shark's picture


Actually, the second was a quote by Dick Cheney (though members of both parties parroted the phrase).



A plague on both their houses...


Thu, 04/14/2011 - 11:30 | 1168876 MSimon
MSimon's picture

Saddam outsourced his nuke program to Libya. The Kahn network. You can look it up.

Wed, 04/13/2011 - 15:27 | 1166403 Bolweevil
Bolweevil's picture

shake and bake!

Wed, 04/13/2011 - 15:30 | 1166407 Id fight Gandhi
Id fight Gandhi's picture

I'll get over you, I know I will... Ill pretend my shit's not stinking ... As I'm the king of wishful thinking.

Wed, 04/13/2011 - 15:30 | 1166408 ivars
ivars's picture

Just not to forget important things:

Spent fuel pool at Fukushima reactor 4 has become open air reactor as spent fuel rods are admitted to be damaged and undergoing nuclear fission since March 13th:

An open air fission reactor. Not very powerfull so far.


Wed, 04/13/2011 - 15:45 | 1166484 magpie
magpie's picture

yummy Plutonium Oxide...

Wed, 04/13/2011 - 15:50 | 1166498 Id fight Gandhi
Id fight Gandhi's picture

At this rate Japan is going Godzilla will BE a reality after all that radiation.

Wed, 04/13/2011 - 16:08 | 1166546 trav7777
trav7777's picture

this is as I deduced just from the spotty information that we received out of Japan.  The SFPs always were the problem.  Mechanical dislocation of rods along with water has placed them into sporadic criticality, explaining inaccessability, neutron beams, all of that.

The *pools* are why nobody can access the reactor buildings and why we continue to have radiation release.

A SFP anywhere should be looked at as an uncontained potential reactor core (or several).  Some physical damage plus unborated water and you're going to get fission.  Don't pour in water and you get an uncontained meltdown, zircaloy fire, etc.  Lord knows what is underneath these SFPs all over the world...maybe aristichan can weigh in.  It very clearly does not look like they have the same physical safety apparatus as an actual reactor.

This is a sick irony that they put all this effort into designing relatively safe actual reactors, with multiple redundant safety systems, yet they take the very same shit, put 97% equivalent rods in a big matrix in a fucking swimming pool and pretend like we can then just put it on ignore.

A SFP meltdown is a massive catastrophe waiting to happen.  It is not nuclear power that is dangerous, nor reactors, but everything outside of them.  The only part of the fuel cycle that appears to use containment and safety is the actual fission part, when in any kind of LWR, the rods are JUST as dangerous after they come out of the reactor as during the fission process.

Wed, 04/13/2011 - 16:55 | 1166763 topcallingtroll
topcallingtroll's picture

It is just a matter of time before a crazy man crashes his private plane into a cooling pool.

Wed, 04/13/2011 - 17:25 | 1166847 Rusty Shorts
Rusty Shorts's picture

someone posted this yesterday, just incredible.

Wed, 04/13/2011 - 19:14 | 1167122 Ident 7777 economy
Ident 7777 economy's picture

Better copy on Youtube - but yeah ...

Wed, 04/13/2011 - 19:00 | 1167075 kengland
kengland's picture


Do you have any good book suggestions for the current and historical state of affairs when it comes to culture?

Your a good man. Keep up the fight brother.

Wed, 04/13/2011 - 17:38 | 1166873 tiger7905
tiger7905's picture

Latest from Arnie at Fairewind Associates about Fukushima, getting more concerned about information flow, or rather lack their of.
Also a link to a recent session Arnie did on the myths of 3 Mile Island.

Wed, 04/13/2011 - 15:28 | 1166409 DeweyLeon
DeweyLeon's picture

There really isn't anything the elites can do to the people at this point, short of starvation, that the people will not take.

Wed, 04/13/2011 - 15:41 | 1166456 Chris Jusset
Chris Jusset's picture

As long as the sheeple have their Dominoes Pizza, Bud Light, Doritos chips, and remote control (for tuning in to "Dancing With the Stars" and Major League Baseball), then there will be pervasive contentedness ...

Wed, 04/13/2011 - 15:49 | 1166480 Dr. Richard Head
Dr. Richard Head's picture

No kidding. 401K's/IRAs were effectively raided, home equity stolen, stagnant wages, lost jobs, rising cost of living, consumer/student debt, taxes rising, social security recipients being screwed, and now they are going after the public sector retirements as the last bastion of any wealth left to take.  Fucking Americants!

They are already and literally starving people in America, kicking them out of their homes, taking any savings they have through dollar debasement and you have these fucks that believe "if we just voted for ______ (fill in the blank with your "party affiliation"), things would work themselves out.  Now that the ______ is in control they will really take care of these problems."  Jumbled thinking fuckers.

I still have people tell me, "Dr. Head, don't fight the system like a serf.  You need to just work harder, become richer, and you too can be part of the top 1%."  Fuck that.  It's their party and we ain't invited.  

Wed, 04/13/2011 - 16:05 | 1166561 citta vritti
citta vritti's picture

make that top 0.0093%

Wed, 04/13/2011 - 16:07 | 1166566 EscapeKey
EscapeKey's picture

You make it sound as if the wealth was swapped for some magic beans. No, we got American Idol, Lost, some Superbowl finals, and.... hang on, all of a sudden it sounds as if the magic beans would have been the better swap.

Wed, 04/13/2011 - 16:30 | 1166659 Dr. Richard Head
Dr. Richard Head's picture

That wealth was swapped for indentured servitude of debt to the banksters and paying tribute to the federal government in a whole array of fees, charges, and garden variety fists up our ass.  It was traded for police interrogations, loss of privacy, and letting the TSA fondle our children. 

But look at the bright side.  We do get to o cast ballots so that each side of the aisle can take turns raping us financially.  America. Land of the free baby.  Freedom to be a fucking slave.  Don't forget to vote.. meh.

Wed, 04/13/2011 - 16:34 | 1166682 equity_momo
equity_momo's picture

Fuck voting.

Wed, 04/13/2011 - 16:48 | 1166745 Dr. Richard Head
Dr. Richard Head's picture

Sarcasm detector must of been off.  My bad.  Fuck voting indeed. I do vote, but just to say no on all taxes, levies, and such. The puppet in the seats don't matter though.

Wed, 04/13/2011 - 16:54 | 1166758 equity_momo
equity_momo's picture

No i heard you loud and clear Dr. I just felt like emphasizing your post into a few short words.

Wed, 04/13/2011 - 16:08 | 1166574 pazmaker
pazmaker's picture

Are you a Neurologist?

Wed, 04/13/2011 - 16:21 | 1166624 Dr. Richard Head
Dr. Richard Head's picture

Nope, just a doctor of being a dick head or so I am told. 

Wed, 04/13/2011 - 15:48 | 1166497 Robot Traders Mom
Robot Traders Mom's picture

Bingo. Unless our lives are truly in danger and our survival is on the line, there is nothing the masses will do...


Wed, 04/13/2011 - 16:27 | 1166652 ghostfaceinvestah
ghostfaceinvestah's picture

and if the sheeple don't take it, they will just increase the fluoride levels in the water

Wed, 04/13/2011 - 15:33 | 1166413 hambone
hambone's picture

Hmmmm.  That is why hyperinflation is a lock.  We can not and will not stop spending.

Not much more can be said...

Wed, 04/13/2011 - 15:41 | 1166466 Hearst
Hearst's picture

These cocksuckers believe they can keep the funny money flowing with out consequences.  The 'deflation' card will be pulled again and again as some asset (housing) prices fall and funding dries up.  In the end, the ink will keep pouring and inflation in 'commodities' will be blamed on just about everyone and anything else except the FED. 

Wed, 04/13/2011 - 15:49 | 1166504 Dr. Richard Head
Dr. Richard Head's picture

Damn straight.  It's those Muslims that are causing oil to spike.  I mean, it's speculators.  I mean, unrest in the middle east.  I mean we need to drill more.  It's those damned liberals....etc, etc. Left, right, left and the lemmings follow and spout these excuses as gospel.  Fuck them.

Nevermind inflation is already baked into the cake.  QE the First is just now showing up in oil prices and food.  Wait until QE lite and QE2 make its way into the money supply as it relates to oil and food. 

Wed, 04/13/2011 - 16:19 | 1166616 I only kill chi...
I only kill chickens and wheat's picture

If only our Muslim brethen could give us a hand, with a suitcase to

DC while congress and Barry are home. Yea, I know collateral damage

is a bitch.

Wed, 04/13/2011 - 16:38 | 1166702 hambone
hambone's picture

Collateral damage of what these guys in DC are doing to our nation and worldwide is far worse than the collateral damage you are suggesting.

Wed, 04/13/2011 - 17:14 | 1166819 mtomato2
mtomato2's picture

Dr. Head, forgive me for not previously being a fan, but I like what you're saying/repeating here.  I'm about to come completely un-fucking-glued.

I heard a couple of people I used to actually admire interviewing with Andrew Napolitano (whom I still do) the other day.  They were arguing that the "Republicans" (note the quotes) needed to go ahead with raising the debt limit because then ... (here's the best part) "WHEN WE WIN..." in 2012, "WE" can REALLY make some SERIOUS cuts to the budget THEN!!!  Holymotherofgod.

I even heard Rand Paul say that the "ONLY" way he would vote to increase the debt ceiling was if "some serious cuts, or a balanced budget amendment were included with it..."

Is anybody even LISTENING to these asspounders anymore?  Why, O WHY is ANYBODY in public office right now?


Holy Shit.  There went my New Years Resolution to try and be more civil on Zero Hedge.


Wed, 04/13/2011 - 18:39 | 1167009 Blotsky
Blotsky's picture

I don't have to tell you things are bad. Everybody knows things are bad. It's a depression. Everybody's out of work or scared of losing their job. The dollar buys a nickel's worth, banks are going bust, shopkeepers keep a gun under the counter. Punks are running wild in the street and there's nobody anywhere who seems to know what to do, and there's no end to it. We know the air is unfit to breathe and our food is unfit to eat, and we sit watching our TV's while some local newscaster tells us that today we had fifteen homicides and sixty-three violent crimes, as if that's the way it's supposed to be. We know things are bad - worse than bad. They're crazy. It's like everything everywhere is going crazy, so we don't go out anymore. We sit in the house, and slowly the world we are living in is getting smaller, and all we say is, 'Please, at least leave us alone in our living rooms. Let me have my toaster and my TV and my steel-belted radials and I won't say anything. Just leave us alone.' Well, I'm not gonna leave you alone. I want you to get mad! I don't want you to protest. I don't want you to riot - I don't want you to write to your congressman because I wouldn't know what to tell you to write. I don't know what to do about the depression and the inflation and the Russians and the crime in the street. All I know is that first you've got to get mad. You've got to say, 'I'm a HUMAN BEING, God damn it! My life has VALUE!' So I want you to get up now. I want all of you to get up out of your chairs. I want you to get up right now and go to the window. Open it, and stick your head out, and yell, 'I'M AS MAD AS HELL, AND I'M NOT GOING TO TAKE THIS ANYMORE!' I want you to get up right now, sit up, go to your windows, open them and stick your head out and yell - 'I'm as mad as hell and I'm not going to take this anymore!' Things have got to change. But first, you've gotta get mad!... You've got to say, 'I'm as mad as hell, and I'm not going to take this anymore!' Then we'll figure out what to do about the depression and the inflation and the oil crisis. But first get up out of your chairs, open the window, stick your head out, and yell, and say it: "I'M AS MAD AS HELL, AND I'M NOT GOING TO TAKE THIS ANYMORE!"

Wed, 04/13/2011 - 19:43 | 1167187 cgbspender
cgbspender's picture

That's an absolutely fantastic quote, from an absolutely fantastic movie.

Too bad cinema junkies are the only ones who have ever even heard of it (in my dealings, atleast).

Wed, 04/13/2011 - 20:04 | 1167269 Ident 7777 economy
Ident 7777 economy's picture

Agree - here's the Cliff Notes version:


Wed, 04/13/2011 - 15:31 | 1166415 DonnieD
DonnieD's picture

Is this not fraud?

Wed, 04/13/2011 - 16:33 | 1166669 Developers
Developers's picture

More like gross negligence.

Wed, 04/13/2011 - 15:29 | 1166416 NidStyles
NidStyles's picture

I think everyone should simply quit paying taxes until they get their crap together.

Wed, 04/13/2011 - 17:52 | 1166906 cxl9
cxl9's picture

You go first. I'll stand way ..... over here and watch.


Wed, 04/13/2011 - 15:29 | 1166417 plocequ1
plocequ1's picture

Much better. Now back to our rally in progress. Im glad to have Obama as my commander in chief.

Wed, 04/13/2011 - 15:30 | 1166420 silvertrain
silvertrain's picture

WWE wrestling shit here people....

Wed, 04/13/2011 - 15:31 | 1166421 FunkyMonkeyBoy
FunkyMonkeyBoy's picture

The rulers are the criminal scum of the earth and the people they rule are stupid, apathetic and docile beyond all imagination.

It's a win/win situation.

You're only alive 70 years anyway if you're lucky, so who gives a s**t, you may as well spent that 70 years being a slave for peanuts, what else is there to do anyway?

Do NOT follow this link or you will be banned from the site!