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Boehner Tells GOP Lawmakers There Is No Deal On Debt Ceiling
No deal... for now. From Reuters: "Speaker of the U.S. House of Representatives John Boehner told fellow Republicans on Friday there's still no deal to avert a debt default, but that talks continue, a senior party member said. Boehner's message at a closed-door House Republican meeting was: "There's no deal, and we'll continue to work to get resolution to the problem," said Republican Congressman Tom Latham." They have less than 14 hours now.
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go long .gov employee furloughs
maybe they will grasp at the only true remedy
Cut Cap Balance then Extend
Grabbing at straws” (or “grasping,” today the more common form) comes from the very old proverb noted by Samuel Richardson in his novel Clarissa (1748): “A drowning man will catch at a straw, the proverb well says.” The “straw” in this case refers to the sort of thin reeds that grow by the side of a river, which a drowning man being swept away by a fast current might desperately grasp in a futile attempt to save himself. Thus “grasp at straws” has, since at least the 18th century, meant “to make a desperate and almost certainly futile effort to save oneself”
Time to drain their retirement accounts....Never mind! They did that already.
Looks like Obama, the man of the common people, doesn't have any problem to find money...
http://www.cnbc.com/id/43854224
he'll will surely repay them X1000...
And even if America defaults, AT LEAST HE'LL KEEP ON RECEIVING HIS PAYCHECK!
Not that it really matters for him... his main source of income is from backscratching and his bankers escort service...
+ $14,500,000,000
I wonder if the Repulicans will stand by their tough-talking Speaker Boehner this morning.
correction: ($K). I think you missed 3 zeros.
Thanks! Hard to keep track of all the zeros...
+ $14,500,000,000,000
We're so doomed...
And hard to find calculators that can display those number also...
Maybe that's the reason why the debt is getting out of control... the accountants can't fully display it. They only see 10 figures
and they say: HE! THAT'S NOT SO BAD! ONLY 0,01% DEBT TO GDP! BLANCO CHEQUE FOR EVERYBODY!!
Who cares, they will all be paid retroactively when a deal is reached anyway. Paid vacations for all!
witch credit card style interests :)
21%! MIN +
Boehner is loving the 15 minutes. His nipples are visible through his Hugo Boss suit if you look closely.
"There's is no agreement. It's going to be a hot weekend in Wash DC".
Yeah sure, Mr Speaker. An Oscar worthy performance in a lousy movie with a very bad script and a terrible ending.
He loves the heat. You think his face is tan?
Let's get Sorkin to write a play about it... and have him as an anchor on CNBC. He can play the part of an angry little boy in a man's suit and have Kate Kelly as a man in a woman's dress.
You can just watch the ego drip from these people.
Sorkin makes the 6 to 9 AM CNBC time slot unwatchable. Deer in headlights is not fun to watch after a while.
Joe is still an arsehole. But Becky can finally add and subtract negative numbers, which now makes her my favorite economist.
What, you don't like the Kahuna?
I'm picturing Randy Quaid in "Kingpin" turning around after grabbing the beers from the fridge in the underground bowling alley.
This is better than any movie I've ever seen. Jolly good show!
When failing, fail in hugely spectacular fashion. Let's have the two wankers exchange punches before they retreat to their blame assessment teams.
Who's crying now? ;-)
General Dynamics and Lockheed.
Should do wonders for U3/U6.
Good.
Are we actually going to default?
I don't think so.
We live on the global plantation. And the United States is the task master.
Anyway, so long.
And God bless all you Marxist cocksuckers.
http://geraldcelente.proboards.com
Dont let the door hit you on the ass on the way out.
Fuck you, asshole.
http://geraldcelente.proboards.com
And lock the door behind you.
Your constant use of profanity marks you as white trash. I wish ZH had a filter that removed such trash from the landscape here.
While I agree with you about him, let's not start policing the site for profanity. We are all adults here...
It is a newbie troll. An unoriginal newbie troll.
Fuck you, too--asshole.
I'm not a newbie.
I was here back when it was a blogspot address.
Suck my dick, you motherfuckers.
This is the best website ever created.
These boys are some smart motherfuckers.
Fuck you in the ass.
And fuck your friends in the ass.
http://geraldcelente.proboards.com
You sure sound like a newbie. But it looks more like you're just trying to leech off the site traffic to promote some crappy link.
Um...oh also...fuck cocksucker asshole cunt shit on you.
Sorry bro. You are only as old as your ZH avatar and ID say you are.
Part of ZH street cred is longevity, along with interesting commentary and posting. You are a newbie on both counts.
But thank you for playing the home version of Zero Hedge.
Oh, suck my Marxist cock.
Like I give a fucking shit about your street cred!
Do I look like a rapper?
Fuck all you motherfuckers in the ass.
http://geraldcelente.proboards.com
I'd like to go first.
Zip
Does he get zapped, like in "Operation"?
Only if he follows the game instructions and attaches the wires to his genitals.
We can only hope.
wsmith sounds like some some heated bitch with Tourette's Syndrome.
Kinda turns me on...
Too much ass! Ass, ass, ass all the time! Ass special!
http://www.youtube.com/watch?v=GPEY2FMtFjU
I think the flavor is a little different. Not a tasty new flavor, mind you. The quality of trolling on Zerohedge has gone down in the 1 year and 30 weeks I've been here, IMO. Maybe I'm just becoming jaded.
Or possibly you have downgraded your pipe tobacco? Stick with the Captain Black Gold. Maybe cut it with a little cherry.
I have noticed quite the unprecedented amount of static myself on these boards lately CD.
Although the board is becoming more populated, it seems that there are still many old timers who still contrubute meaningfull and substantive commentary.
Don't lose hope that easily CD. I have also noticed that the trolls who have no knowledge at all are quickly dispensed with and humiliated off the boards for their stupid comments [a few exceptions of course, still persist].
I would however, like to know who the coward junker is. You know, the anonymous crybaby who streams in and proceeds to junk every single post. I believe this person probably still lives in mommies basement.
Actually i think he probably lives underneath a bridge in new Orleans or something.
Is that people who go down on Marxists? Or adherents of Marx that give head? Or both? Humpenproletariat?
+++ on a good sense of humor snowball, we need it...
Everything is bullish. BTFD
Like a Hollywood financial porn movie, we need to build suspense before the money shot.
Great. Now I want to splice Tubular Bells from the Exorcist soundtrack into a porn video.
That's what is great about sexual perversions.
There is no such thing.
Green Chutes?
Ummmm
Brown chutes. Then again, thankfully I'm color blind.
Ooooohhhhh the anticipation is killing me. Keeping me on the edge of my seat. The best reality tv I've seen in ages. Too bad it's not based on reality.
There will be no deal announced until Sunday night around 6:00pm.
This could be a "temporary" bull trap in pm's. Look for them to crush silver in the thin globex markets going into Monday morning.
Oh PLEASE!!!!!
I got some green burning a hole in my pocket!
Or do something really unexpected, like 'a deal', but we had to seize all your 401K's and pensions to do it....so sorry not get back on your fuking oars and ROW, peasants!
You are so right. I'm'a get me some 1-week puts right now. Quite serious here.
Howie says, "Deal or no deal?"
The Banker only wants you to give-up what you don't yet have.
NO DEAL
""$370 billion annually in "cuts", which are almost-certainly not real cuts (but rather reductions in the rate of increase) will do nothing.""....
http://seenoevilspeaknoevilhearnoevil.blogspot.com/2011/07/senate-majori...
OT: Hilarious 2 Min Vid...
http://www.youtube.com/watch?v=W0Uju3tYS2s
I thought "the weekend" started at 3pm during the summer. Gotta beat the traffic.
We're talking about Government workers here. For most, the weekend starts Thursday night. Some have the courtesy to actually show up to the office for a few hours Friday morning.
They just show up to clean out any remaining edible food in the refrigerator.
NO DEAAALL!!
http://www.youtube.com/watch?v=Ol2DedEhOGI
Default, bring it. Maybe then compensation will return to those who are actually worth a shit, here's to hoping anyway.
Bread and circuses. How will the GOP blame Obama in 2016 if they win the white house in 2012? The pendulum keeps swinging and the wars (no one on either side of the isle is talking about) keep draining valuable resources. Not sustainable for much longer. We need either a false flag, market crash, or the release of some amazing new (fusion type) technology. Bet on the one that is the most easy to fabricate and hedge accordingly.
hmmmm.....so many trained to believe the unbelievable. Everyone see's it as a done deal. Bulls in an orgy.
I say "no deal"....for awhile. They need an excuse for a mini-crash. And now is the perfect time.
Poor Republicans. They'll get all the blame.
And Obama and the Dems will come in a save the day.
Boner and Obummer have to keep this farce up until they can find some sucker to buy our debt. Well we know they have one in the fed.
Probably haven't come to terms with the EU on swapping our debt for theirs, including Greece.
Musical chairs, last one standing is the bagholder.
Harry Reid.......lets vote on it....NOW
And that wrinkled old fuck did push it to the table this am and killed the damn thing. Now everyone gets whisked home for the weekend while the Country burns.
OMG. how is it possible for one goddamn son of a bitch manage to make sure that 237 people in the House plus half the frigging Senate do what he says for them to do.
/rant
Didn't Euroland just do a selective default to save the Euro? Why can't the US do a selective default to save the USD? Just askin;)
No worries.
Geithner and Paulson (Hank) had breakfast this morning.
No doubt coming up with a comprehensive plan to help the banks when the US defaults at some point in the next week.
Past and present Treasury Secretaries, working for the people of the US (and by people i mean those that get 6/7/8/9 figure bonuses).
skeletor might have more difficulty frightening this bunch of house-pugs. what is worse than tanks in the streets?
I thought I was getting excited about this, then I remembered that I am going fishing this weekend.
pods
Yawn....
Today could be a good day for J6P: the potential for circus (NFL) and bread (debt ceiling agreement, QE3) is high.
If anyone knows drama, it's J6P. That why he/she loves themselves the reality television.
We'll be back.....right after these newsconferences.
Anyone have an overwhelming urge to dive into ZSL?
When do we get to throw rotten fruits and vegetables?
volumes on agq suspicious
10:20 on both zsl and agq, no price change. FML i hate these instruments.
1.5 mm shares ZSL 10:36 10:44 no corresponding AGQ
AND THERE SHE GOES!
$1607: gold isn't blinking.
The 5 hour shows the coil breakout and the target of $1620 and up. Debt ceiling talk and transitory default schemes may be on the verge of transparency:
http://www.forexpros.com/commodities/gold-advanced-chart
No deal. Good! Do not raise the debt ceiling! Cut the friggin' spending!
Yes, cut the spending. That is the only way. The only transparent way.
It's also hard. We will see if the Rs have the stones to cut spending or if they go along and make:
The Biggest, Dirtiest, Sleaziest Deal Ever Made In History (TBDSDEMIH).
We will be watching...
Of course there will be a deal. But so what. It means nothing. And if miners sell off on the idiotic news of debt to infinity, I will buy more gold.
GDX the one to watch. Getting close.
Action in SSN again. Maybe a buyer this time, who knows? All it's bigger rivals have been swallowed up.
"Double Your Ceiling, Double Your Fun. Goobermint Dumb!"
BWAHAHAHAHAHA!
Boehner says "we're not even close to an agreement" but MarketWatch reports that a Boehner and Obama are "closing in on a deal". Funny.
Boehner says "we're not even close to an agreement" but MarketWatch reports that a Boehner and Obama are "closing in on a deal". Funny.
This whole theater act is about power. This has always been about power and who has it:
http://www.nationalmemo.com/article/exclusive-former-president-bill-clinton-says-he-would-use-constitutional-option-raise-debt
You mean the Obama-money stash? Where do I get some? Do I have to sell my vote and my soul to get it?
Divorce papers please, and fast before wife's sugar levels drop too much. Aww fuck it, take your time wife will be in a coma soon enough.
No debt deal? GOOD! I mean GOLD!
No Deal
The Orange-Man-Tan Boner has spoken...
That's not how it works in the private sector.
When employees are furloughed (through no fault of their own) they file for UI benefits. Those who may return to work, do not receive back pay (for doing nothing).
So......why should government employees be treated special and get a paid vacation?
I don't believe a word this guy says. I'm willing to bet there's a deal already, but they want the drama to justify further BS theft.
>They have less than 14 hours now.
What's special about today?
Bill Clinton = I never had sex with that woman.
ECB = Greece does not default, only a temporary default with no "credit event" occurring.
Both lying, however only has yet to be convicetd.
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