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Boehner's Complete "Dear Colleagues... In The End We Couldn't Connect" Letter
Just released from John Boehner, clarifying his position on why he has terminated all debt ceiling hike discussions with Obama. Following Obama's statement, Boehner will have his own press conference at 7:15 pm. Watch Boehner live here.
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VXX up 2.5% AH..... Tyler (somebody) elucidate on market being "meaningless" on default. They just hit all the automatic stops, etc? Then what?
Can't you just smell the fear?
I love it ;-)
http://www.reuters.com/article/2011/07/20/us-foreclosure-banks-immunity-...
State attorneys general are negotiating to give major banks wide immunity over irregularities in handling foreclosures, even as evidence has emerged that banks are continuing to file questionable documents.
Yeah, that's a real shock.
TEA Party! Yeah!
Call McConnell and tell him to resign. Let Rubio handle it.
Why do the always wait until the gold market closes for a few days before releasing the really juicy news?!!
EXACTLY...
+ 100 troy ounce
Time to buy before Sunday evening. I'll be removing all the money in my bank account tomorrow morning and will stop by the coin shop. I'm not sure he'll open so I've made plans to order on-line if required. This is not a BTFD, this is BBTP (Buy Before The Panic).
In the last 2 days, I bought $100k of Sprott backed silver bullion. It's held at the Canadian Mint in Canada.
This is plain nuts. We are living in unprecidented times.
un-presidented times
Smart move .... but Id get some physical too, if you dont have any. But I trust Sprott and hold PSLV too.
Smart move .... but Id get some physical too, if you dont have any. But I trust Sprott and hold PSLV too.
Theater! Nothing changes until fear finds a new home.
Boner presser in 15 minutes.
lol..."boner presser"
Sorry for being off topic but check this out:
http://www.cmegroup.com/trading/fx/usd-renminbi-futures.html
Boehner is such a piece of shit.(As is Obami) Check out his press release today. I'd post it but his site's server is busy. This asshole comes out with a statement saying the dems have gone against the will of the country. Then he goes on to make a comment about how the public doesn't want tax increases. At the bottom of the release is a note to a CNN poll which he uses to justify his comment about the dems. Well asshole the exact same poll says 64% of the population wants tax increases and spending cuts. Just spending cuts alone is at 34%.
Please if there's someone here that voted for him I'd like to hear why this man should be in office. Honestly I wish every one of these pricks would get thrown out of office but this dick needs to go now. Then get rid of Obami.
Here's the link to his press release. Please someone tell me why this guy isn't a complete bullshit artist. Check the Note with the link to the poll as well. If I ever see this bitch, I'm finna slap that bitch.
http://johnboehner.house.gov/News/DocumentSingle.aspx?DocumentID=253273
"This asshole comes out with a statement saying the dems have gone against the will of the country."
That @$$hole is correct.
No that asshole and his party have also gone against the will of the country. Neither party gives a shit. Too bad the people that vote for these guys are too partisan and stupid to see that. It seems to me that when the majority of the country wants one thing but the politicians don't have the balls to address what that is, that is clearly going against the will of the country. These fucks do nothing but tow their party lines and unfortunately said party's are so wrapped up in partisan garbage that the only thing either side can do is sit there and lie through there teeth. Can we just line up all the far-left and far-right in front of a ditch, pull the trigger and push em in. We don't need their trash any more.
Stoooooooo ....piiiiiiid ...
This asshole comes out with a statement saying the dems have gone against the will of the country.
- - - - - - - - - - - - - - - -
Slept through the LAST ELECTION didja?
Snooze through the Scott Brown special election too?
.
I dunno. Maybe this just sets the stage for a super-spectacular, last minute, aren't-we-brilliant, bipartisan stick save, complete with lots of high fives and chest thumping.
2 weeks ago, I'd agree, but the TEA party of the House is totally pissed.
+1. Looking less and less co-opted by rinos.
Fuck the tea party! Great job on an original name guys. You are all such patriots. It's great to see you take a name from an act performed by a bunch of people that were willing to die for what they believe in. I definitely see the comparion. Rock tea party patriots. Pffff. A bunch of right wing bible thumpers trying to distance themselves from the rest of the far right and their holier than thou social beliefs. Smart move. That "common sense" conservatisim really took hold, eh?
Let's put the tea party in front of that ditch with the conservatives and liberals. A little mass execution wouldn't hurt. Especially if it's a bunch of parasites that want to impose a bunch of bullshit views on the entire country.
Gotta love those partisan hacks.
Fuck the tea party!
- - - -
And u 2.
.
Fuck the tea party! Great job on an original name guys. You are all such patriots. It's great to see you take a name from an act performed by a bunch of people that were willing to die for what they believe in. I definitely see the comparion. Rock tea party patriots. Pffff. A bunch of right wing bible thumpers trying to distance themselves from the rest of the far right and their holier than thou social beliefs. Smart move. That "common sense" conservatisim really took hold, eh?
Let's put the tea party in front of that ditch with the conservatives and liberals. A little mass execution wouldn't hurt. Especially if it's a bunch of parasites that want to impose a bunch of bullshit views on the entire country.
Gotta love those partisan hacks.
Ditto last post ...
If I were you I would not push this group of partisan hacks too far just yet, if they are not co-opted they could push back. Of course thankfully I'm not you.
They'll "do something to save us" at the last minute. TARP-style. Which means they'll pass another bill without actually reading it, but not before they take the time to insert favors to their favorite lobbyists in among the rest of the bill. Once again, we'll have to pass it "so we can find out whats in it."
Nothing good about a bunch of suits meeting for an emergency session, panicked and trying to save their political future.
Yep. One thousand more cuts upon the already dying corps of the American Dream.
Just got a email from bank.
Savings account deposits over 2500 dollars limited to 200 availible immediately and up to 7 business days. Some deposits can be held 10 days before clearing.,....
I guess I go to a check cashing place and make a series of deposits across town in many banks and wire them in.
Hungry,
I transferred all but a C note out of my MMkt Acct, and into my checking acct today.(never seen a frozen checking account,but a first for everything).
Monday, IRA's get cashed out,401k also.
Hell of a tax bite, but I do not plan on winding up stuck with Bama Bonus Buks...............let them carry this bitch to the wire, it just gives us time to get the rest of our houses in order.
Hungry, Dos .... get the cash in your hands ASAP and buy something real ASAP. I pray the system last a few more weeks... intend to buy more silver with my coming social security check, assuming it comes. I assume nothing. I would really like to see some statistics on the percentage of people cashing out retirement accounts. Substantial numbers of people have borrowed against them. Good luck.
Remember, you have 60 days from receipt of the distribution before it's taxable. You could move it into gold for awhile, then back to an IRA for a day or so. Wash and rinse.
What happened ? Got backbone ? Didn't cry and cave ? Good for Boehner for not caving.....but real credit to all who threatened his sorry ass ! At least he got the message ! I think we are beyond the point of no return ! Hoard, cover your ass and enjoy ! Monedas 2011 Comedy Jihad World Tear
Loco will put it to you this way..............the can is lasting longer than the road or the kicker..............BWHAHAHHAHHAHHAHA
Loco walking away whistling "put me in coach"...............that sounds really gay........but fuck you anyway as it works
US default + Euro collapse = One world currency + One world government.
it already is/was.................Loco walking away whistling the Eagles "wasted time" but now going with "get over it"
Do you clowns to the left of me and clowns to the right of me really care one iota about this shit?????????????????
I did for years........but now its more fun to make fun..........IT DOES NOT MATTER AND EITHER DO YOU AND YOUR LITTLE FEARS AND LITTLE WEINERS and tiny thoughts about the outcome of this BS..........get the fuck outta here losers............this place aint getting you no pussy and never will...........Brains dont mean shit........get on the cypionate,pump some iron and then pump her.............you wont give a shit about anything but the pussy.............the pussy awaits you..............Bunch of dumb asses........but some will realize truth when it smacks them via Loco...........turn it then burn it.............get you some goot weed and share it with a female..........or at least whack yourself to a pretty pic on the web or to Robotrader.................BWHAHAHHAHHAHHAHA
-2, crap post
Loco,
Got nada better to say, or do?.
Go play with wanklord.
They'll raise the ceiling on the 11 th hour. After the Republicans get their guy, the president, to cut social security...Not even Bush could touch Social Security.
It took a Black Democratic president to do that...ironic.
Maybe would be a good idea to leave the continent now.
headless,
If you were able to go, should have already split.
If the GOP get's the PUTUS to do that, Barry get's re-elected.
No one in any camp will be able to beat him.
Get your money out of the bank before they close today!
The banks may not open on Monday...
Run....
In other news, the FAA is about to close...
http://blogs.abcnews.com/thenote/2011/07/faa-faces-potential-shutdown-if...
FAA Faces Potential Shutdown if Congress Doesn't Pass Bill by Midnight Friday
Transportation Secretary Ray LaHood urged Congress to pass the FAA reauthorization bill by midnight tomorrow in order to avoid a partial shutdown of the aviation agency.
But, but, but , CNBS TOLD me that there was going to be a DEAL over the weekend and that the E/S would hit new highs by Monday.....
Think Zimbabwe!
Gold to explode into a massive Crimex Short Squeeze by Tuesday...
BUY STOCKS On MONDAY (or maybe not)...
Frankly Scarlett I don't give a damn. I bought 100 DIA puts and calls at the money, any news for me is good as long as the market moves more than 100 points. I love suspense over the week-end.
You should, if there's no market, who pays you?.
Boehner is LATE!
He needs viagra.
"I'm sorry Sam, your credit cards are all maxxed out and I have to cut them up. Now, if you still want those Predator Drones and fuel for the carriers, well, you must pay with GOLD! No more paper or plastic."
this is better than a soap opera
best tv ever
politicians are just actors/professional liars not good looking enough to make it in hollywood.
Politics is show business for ugly people.
tune in tomorrow to As the Boehner Turns...
All My Boehners??
The Boehner and the Beautiful??
One Boehner to Give??
The Boehner and the Restless??
The Bold and the Boner
Well i always wanted to live like the Omega man : )
+1 Vincent Price reference, sequelled by Charlton Heston, sequelled by Will Smith.
With all this political theater and misdirection, I have to ask myself...what's the government up to with it's left hand ?
good point. hmmm........ making their exit plans?
Stealing (both in terms of monetary and liberty) from you and your children and your children's children...
... they must also be well down the road in planning the sequel to 9/11 by now also.
wtf does that jello comment mean
looks like Obama let the jello get too runny ;)
Republicans can't cut their own pork projects: welfare for commodity corporations ( military, oil, agricorp)
Democrats can't cut their own pork projects: welfare for unproductive sectors and people
Aldous,
Seems ole' Oblameuh, has done a HELL of a job keeping up the GOP tradition of Military incursions, and even started a few more.....
What's wrong wid this pic?>
It's Obama's fellow traveling economic experts that have all left in failure and disgrace $2.5 T later. This GOP crop was sent to DC to stop the spending not be Obama's tax collectors after the fact.
Obama's employers, Goldman Sachs and JPM, aren't scream for spending cuts to get the economy going. They like the status quo insofar as our debt is their BIS Tier 1 money X10 thanks to fractional reserve banking.
Obama wants more deficit damage to force draconian tax measures from us debt slaves for decades to come.
It's Obama's fellow traveling economic experts that have all left in failure and disgrace $2.5 T later. This GOP crop was sent to DC to stop the spending not be Obama's tax collectors after the fact.
Obama's employers, Goldman Sachs and JPM, aren't screaming for spending cuts to get the economy going. They like the status quo, insofar as our debt is their BIS Tier 1 money X10 thanks to fractional reserve banking.
Obama wants more deficit damage to force draconian tax measures from us debt slaves for decades to come.
Obama this, Obama that, always Obama, Obama, Obama..... ITS THE FUCKING SYSTEM STUPID, and its completely for the elite and nothing for the rest of us. And Republicans, the biggest whores of the rich on planet earth, protecting the rich from any meaningful taxes. Obama is just another puppet, tried to do something for those who cant afford health care, but, otherwise which was more a boon for big insurers than anyone, no different from Bush except he isnt an idiot who puts his foot in his mouth every fifth step. Little consolation that. Obama is betraying the middle class, unlike Bush who never pretended to represent anyone except the rulers. Republicans have the most credible candidate of all, Ron Paul, but they are too fucking greedy, too much in the pocket of the rich, to support him.
Er' Lawrence, ever bother to check which party has the most Millionaires in it?.
HINT: Not the GOP.
As for Oblameus Health Care, dude you must have been hitting the peyote......have you a clue all the hidden shit in that 2000 page + POS,put together by ONLY Dems & Union Heads?.WITH NOT ONE Repub sitting in,nor anyone getting a chance to read it?.
There are some real doozies in there, and they are not about HELPING anyone, except TPTB and their minions.
Heard of General Electric?, and Mr.Immelt?,one of the best buds of Oblameuh, and a huge contributor, and GE made 5.1 B and paid no taxes, not a dime.And just made another 2B+, that won't get taxed either?.
Now,why you spose Big O allowed that, and why does Wall St continue to rake in millions in bonus money?.
When Big O, stole the bonus money that was contractually(legal by the Law of the Land),from other company CEO's and upper echelon employees?.
Because it was politically expedient at the time............all them while HE and his demons were banking the whores that caused all this crap.And are still collecting.
Why did the dude running Fannie n Freddie get a 50 Million $ Bonus, and he kept his?, how come?.He wasn't a Cracka BTW.
Now, does that sound like a I NUB the peeples Democrap?.Nope................
Ok, you´re right, it had little or nothing for the people. That why I call Obama the Black Trojan Horse for the Rich. The whole system is for the rich.
Boner just called the presidency a "bowl of jello."
Boner, a real intellect aspiring to elegant argument.
Speaker Boehner. Read my lips..Defund obamacare NOW!
I think the two opposing camps are missing two important points. The first is that China is still willing to lend and the second is that Bernanke is always willing to print. So why cut the party short? Or is this just a class act between the USA and Europe to default and stuff up the Chinese production line?
dear john,
you and your indonesian president are both fucktards. you stupid congressfucks voted for the tsunami spending which necessitates more taxes. you people are foul, evil, shits whose legerdemain may be lost on cnbc morons but not here.
you cower before hank paulson's temper tantrum to steal money to save banksters and then wonder why taxes have to go up.
with the marginal productivity of debt negative, it is actually economically beneficial to default.
i hope both of you rot in hell.
sincerely
tony bonn
This is an amazing confluence of endogenous and exogenous factors that could bring the market down, making 2008 look like a walk in the park. Based purely on charts and technicals (and nothing else) the market was set to plunge anyway in the next few days (at most weeks), but this could be the catalyst that triggers it. And of course the brainless media will blame the crash on the budget deficit impasses which had little if anything to do with it. But that's what the media does. Point to irrelevancies and tag them as causal.
as always, it will be the "evil speculators" I for one will be in my volcano/island lair with my white persian
Have you read the last G.E.A.B. report? Predicts a currency, economic crisis for this the second half of 2011. This may be it.
on it..thanks
http://www.leap2020.eu/GEAB-N-56-Special-Summer-2011-is-available-Global-systemic-crisis-Last-warning-before-the-Autumn-2011-shock-when-15_a6679.html
Per MSNBC: Obama serving bowls of peas at White House lunch tomorrow.
World peas?
You don't need to default on fraudulent debt.
You don't need to default on fraudulent debt.
You don't need to default on fraudulent debt.
You wipe it out of existance. It is not the fault of the american people, it's the fault of wall street, its cronies, both in and out of gov't. It shouldn't be there, it isn't legal, so get rid of it. This is fucking America, but the tea party forgets this, even though they run on it. Obama forgets this, even though thats what he was elected for. Republicans? At this point who cares. It was their ideology from the get-go.
Glass-Steagall
(live within wall street's means? cut, cap, and balance? same fucking thing)
Cut, cap, and balance is a WALL STREET idea.
Glass-Steagall is an AMERICAN idea.
Again, why default? The onus of the odius debt is on the banksters.
People don't know what the fuck they are talking about, if they think default is good.
Default means the PEOPLE are put in the wrong.
Wiping out fraudulent debt means the BANKSTERS are wrong.
So do you want the 'fault' to be on the American people WRONGLY, or on the banksters RIGHTLY?
People are cheering for the american people to be wrong, and think that is somehow right? Somehow legit? Fucking fools.
Remember, the fraudulent debt, will be the first thing paid out. Everything else is on the chopping block. Or we'll have a dictatorship, to pay off the fraudulent debt.
Glass-Steagall or die
Debt-ceiling doesn't have to be raised, the fraudulent debt needs to be wiped away.
Don't cut for fraudulent debt, Don't print for fraudulent debt, cancel the fraudulent debt. Forrest Gump could fucking understand this.
The whole debate is a farce, and it goes far beyond what the idiot tea party, idiot republicans, idiot dems, idiot wall street, and idiot Obama think. They are ALL wrong, and we all will be made to suffer for each and every one of those dumbasses getting it wrong...again.
The debate is pure sophistry, only Glass-Steagall is the non-sophistry position. Everything else is pure sophistry. Lots of idiots need to realize it IS the banksters and wall street's fault, not the american people, or anyone in the world's people for selling them out to the banksters.
If we default, the banksters still win. (even if some lose) (all the people lose)
If we Glass-Steagall, the people win. (the banksters lose)
They ARE mutually exclusive.
It isn't fucking hard, but obviously, to many people, it is.
It's not zero hour quite yet, but it's clear back to square one, with the cut, crap, and bullshit idiots still believing their sophistry is right. It isn't dumbasses. You're slitting your own throat while bending over to be gangbanged by banksters. Some patriots. Obama isn't a patriot, the republicans aren't patriots, and the tea party sure and the hell ain't patriots. Hey tea party, thanks for doing the banksters bidding. You're all just like George fucking Washington.
Glass-Steagall...there is NO other option, there NEVER has been. What the people you listen to don't advocate Glass-Steagall? They're part of the problem. Wake up. Or enjoy living in hell. Because you'll see it. This won't be a small reset, this will be a new dark age. The imbalances so great, the fraudulent debt so large, this will make the 30's look like an all you can eat buffet for a buck too much.
Yes, sounds bad, but you see the idiots won't take the actual easy and correct option now (too much sophistry and xanax I guess), what makes you think they'll do anything to stop the fall except destroy everything you built? Cut, cap, and balance is among the stupidest things ever, and won't fix our fraudulent debt problem. (it's a SPENDING problem? no...it's a fraudulent debt problem, spending fraudulent debt, isn't a spending problem, it's a FRAUD)
Cut, Crap, and Puke - only changes government to screw the people over, to PAY the fraudulent debt off.
People who are for cut, crap, and puke, are FOR banksters ruling the world. In reality, that's what you are advocating for. Screw the people, for the banksters frauds. Again, some patriots. Yeah fucking right, if these dumbasses banksters whores are patriots, then Osama is with 72 virgins right now. That goes for all sides of sophistry idiots. Obama, Tea Party, Republicans, dems, etc. All traitors to the bankster cause.
Republicans are screwed because they bent over for the banksters and will cause this problem to come to a head. You will not be thanked. Bye Bye Tea Party and Republicans. Thanks for being bankster whores.
Obama is screwed because he already bent over for the banksters and didn't implement Glass-Steagall in Jan. 2009 (or any day since then), and now unless he does a 180, and he won't, he's going to be ONE of the sacrificial lambs, along with every republican tea party dipshit that focused on making banksters happy somehow through idiotic sophistry they wrongly deemed patriotic.
Throw the bum out (impeach or 25th), and do it before the idiotic default (by idiots, for banksters). Enact what?
Glass-Steagall (and no, this isn't zero hour, but we're getting relatively close)
We don't need a debt ceiling raise. We don't need to cut needed services for fraudulent debt. We don't need to print money to pay banksters for their fraudulent debt. We need to CANCEL it.
If this happens, and we default, or raise the debt ceiling, America loses. BOTH ways, America loses. Only Glass-Steagall #wins...someone tell the idiots dems, the idiot repubs, and the ultra idiot tea party. Do the correct thing, or watch the heavens fall, needlessly.
Glass-Steagall + Hamiltonian Credit System
Glass-Steagall + Hamiltonian Credit System
Glass-Steagall + Hamiltonaian Credit System (you don't have a fucking choice numbnuts, unless that choice is pure destruction)
Default is NOT Glass-Steagall + Hamiltonian Credit System
Default is preferrable for the banksters than Glass-Steagall + Hamiltonian Credit System, and the hell it creates...for some of them, that's been the ultimate goal. Don't be a fucking idiot doing the banksters bidding. If you aren't demanding Glass-Steagall, you ARE doing the banksters bidding. Sorry, that's reality. Suck it up.
+14Trillion boxes of chocolates.
"Glass-Steagall or die"
We did quite well with it, and not so well with out it.
Only sociopaths could sign a letter like that in pure nonchalant calmness, unless it's been robosigned, oh wait, nvrmind
It's getting pretty ugly out there; they're down to fighting over the crumbs now...
They always use the rhetoric of 'small business' when talking not raising taxes, but you know damn well they are only interested in protecting their big money clients. Full of shit as always, the lot of them.
Exactly, always for the big money clients, always lying and contradicting themselves, inventing facts and forgetting them if they become inconvenient.
I'm a little confused about something. If I understand correctly, Speaker Boehner said that he would agree to $800 billion in new revenue. Now putting aside the cuts which will probably never come (amazing how that happens isn't it?) how can the Speaker say on the one hand in his Dear Colleague letter that the enviornment of high taxes is hurting small businesses and then on the other hand agree to $800b in tax hikes? Can someone help me understand that?
Holding two contradictory thoughts and believing both, causes pain and nausea.. cognitive dissonance.
There's drugs to help with that though... TV helps too, very mind numbing.
CogDis turns your skin orange. Mozilla had a bad case.
Not only is Boner a moron, he's a lying moron.
The Tea Party contingent in the House won't cave. This is Picket's Charge again except this time the rebels will vault virtually unbloodied over the thin Blue Line of crack addict spenders.
At this point the Democrats best strategy might be to get a popular opinion poll showing most U.S. Citizens want the gov to default. We all know from recent experience that Congress never does what the majority of people want.
They will increase the limit, but it may be in pieces. The more this comes back again and again the less chance Obama has of getting re-elected. And as we all know that is what this is all about. They will make it tough on him, cut spending, more Americans pissed off, and 2012, you are OUT! Mr. O.
And I still get upset when he said he could not guarantee old citizens their checks if we do not work this out. That was a cheap shot. Lets just stop these absurd wars, bring everyone home, and save lives and money.. We can no longer be the cops of the world. And we still have 28,000 troops in Korea. For Christs sake, it is over 55 years. Enough.
People most definitely will tollerate tax hikes. On somebody else. And they're for deep spending cuts. Out of somebody else's gravy train, not their own.
Another worthless poll, apparently.
"The problem with socialism is that eventually you run out of other people's money to spend." Margaret Thatcher
So let's do a straw poll... where will the following be at the open of trading Monday:
US$ Index:
Gold:
Silver:
EUR:
Assuming no deal? Oh what the heck. Gold $1650.00, Silver $46.00, EUR $1.48
Take a read of what Reuters put out at 7:49 pm this evening:
"Wall Street, companies brace for the worst: a U.S. default"
http://www.reuters.com/article/2011/07/22/us-usa-debt-wallstreet-idUSTRE76L6OP20110722?feedType=RSS&feedName=businessNews&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+reuters%2FbusinessNews+%28News+%2F+US+%2F+Business+News%29
I suppose if you a hedge fund manager, you're probably looking at this and smiling as an opportunity to make money...
It's pathetic that parasites are allowed to feast on the up and on the down.
Some one must be paid to remove the garbage.
all members of congress:
balance the budget
or resign ...
signed
the american people
You guys, the indian metals exchange opens up on saturday, what do you guys suggest i should do? i hold Copper Shorts as of now...
find the nearest dumpster, dive into it, search for copper to deliver.
(if you come across any 5 gallon buckets, give me a holler)
Indian gov't 10 years look pretty good, considering....
http://www.tradingeconomics.com/india/government-bond-yield
Wow, even Boehner couldn't take all the lies. And he's a hardened verteran.
GOP = The Taliban
Dear Mr. Boehner and Mr. Obamatron: Why not check out AdultFriendFinder for all your "connection" needs? :>D
Actually it's "Time flies like the wind. Fruit flies like bananas." Groucho Marx.
I think I will just wait for the movie version "Dances with Assholes"
With all this fatuous melodrama you'd think it was coming up on an election year or something.
NObama voting present.... NO clue, NO Plan!