This page has been archived and commenting is disabled.

Breaking: Boehner Walks Away From White House Debt Limit Negotiations

Tyler Durden's picture




 

A week after Barack Obama stormed away from Republican negotiations on the debt ceiling, it is now Boehner's turn. Per Obama's live speech which is currently ongoing, John Boehner has broken away discussions with the president. Obama's response is to demand a meeting with Bohner, Pelosi and McConnell at 11 am tomorrow to explain to the president how it is possible that America will be in non-selective default in as little as ten days: "I want them here tomorrow at 11am...we have run out of time." Readers can watch the live webcast here or below.

 

 

- advertisements -

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.
Fri, 07/22/2011 - 18:37 | 1482948 vegas
vegas's picture

What a bumbling fool. He looks like a kid who got his pampers bunched up. Go Boehner -  tell this petulant turd to stick it.

Fri, 07/22/2011 - 18:38 | 1482956 mynhair
mynhair's picture

Boner's letter just released is great.  'The Libs byte.'

I smell a veto override in the future.

Fri, 07/22/2011 - 18:40 | 1482962 Buck Johnson
Buck Johnson's picture

Who would think that the US in 10 days will be going into default on it's obligations.  This is what I've been trying to tell people, we are seeing one of the black swans come into being.  Who would think that politicians would allow the federal govt. to essentially go under.  It's people who don't like the federal govt., who love state rights, who are zealots in this and in financial matter to the banks and individuals who can't stand to see a black man have a win no matter what are all converging to a horrible day. 

Fri, 07/22/2011 - 18:45 | 1482996 mynhair
mynhair's picture

'obligations'

Are you kidding me?  Welfare is an 'obligation'?

Fri, 07/22/2011 - 18:46 | 1483003 cougar_w
cougar_w's picture

But the day would have come regardless. The seed was planted in 1913, it was nurtured through every means, and today it bore it's first noxious flower.

The real fruit is yet to come.

It will have taken 100 years to break the world.

Fri, 07/22/2011 - 18:57 | 1483056 HungrySeagull
HungrySeagull's picture

You frighten me.

That flows well with the stories I recall from grandparents.

Fri, 07/22/2011 - 19:03 | 1483082 OS2010
OS2010's picture

That's eerily similar to what I said on WSJ a while back.  Was instantaneously called "Chicken Little."  Must be a lot of people around who find it hard to think.

Fri, 07/22/2011 - 18:48 | 1483010 ElvisDog
ElvisDog's picture

who can't stand to see a black man have a win no matter what

Oh, please. That's what this is all about (according to you), angry white people keepin' the poor black president down outta spite. Put your "Yes, we can" t-shirt back on. It'll make you feel better.

Fri, 07/22/2011 - 18:54 | 1483039 r101958
r101958's picture

Ohhhhhh puuuullleeeeaaaaasse!

Fri, 07/22/2011 - 18:57 | 1483049 vegas
vegas's picture

"...can't stand to see a black man have a win no matter what..."

News flash Buck: Race has nothing to do with this. Obama is out of his league and has no idea what he is doing. President man-child couldn't find his ass with both hands if he had a road map.

Fri, 07/22/2011 - 21:11 | 1483655 trav7777
trav7777's picture

you really feel the need to respond to this DAT RAYCISS bs?

Fri, 07/22/2011 - 18:57 | 1483054 JustPrintMoreDuh
JustPrintMoreDuh's picture

" can't stand to see a black man have a win" ... 

 

STFU

Fri, 07/22/2011 - 19:10 | 1483111 j0nx
j0nx's picture

Buck are you trolling or did you forget the /sarc tag?

Fri, 07/22/2011 - 19:12 | 1483118 divide_by_zero
divide_by_zero's picture

Every POMO/Monetization of debt is a default event. Debasing the dollar = paying back bonds below par. Chinese have already called us out on that one. 

Fri, 07/22/2011 - 19:43 | 1483245 robobbob
robobbob's picture

my crumbling fiat purchasing power doesn't give a rat's ass what color obummer is

On the other hand, my PMs are very satisfied with current policies, and endorse BHO wholeheartedly.

when the bottom finally drops out, how many of those poor unfortunates that the statists claim to love so much will be holding PMs? where will they be when NOTHING is left? I know, a ready made Cloward-Piven mob baying to sign up for the NWO

Fri, 07/22/2011 - 18:40 | 1482963 LateToTheTable
LateToTheTable's picture

Meeting at 11:00... gonna cut into tee time, Boner's gonna pay.

Fri, 07/22/2011 - 18:42 | 1482964 web bot
web bot's picture

My bets are in place for Monday morning... I hope yours are too.

Fri, 07/22/2011 - 18:41 | 1482967 buzzsaw99
Fri, 07/22/2011 - 18:41 | 1482973 jackvegas
jackvegas's picture

Bet Boehner's press crowd is bigger.

Fri, 07/22/2011 - 19:12 | 1483117 j0nx
j0nx's picture

I bet my boner is bigger than Boehner's boner.

Fri, 07/22/2011 - 18:41 | 1482975 MiguelitoRaton
MiguelitoRaton's picture

Obama was heard to say: "I want them here at 11am sharp, right after my front nine. We'll grab lunch and finish this up by 1pm when I tee off on the back nine."

Fri, 07/22/2011 - 18:48 | 1483009 HungrySeagull
HungrySeagull's picture

And a Stanley Pliers in hand to bust balls. Don't worry about disturbing the tourists at the iron fence near Lafeyette park. The screams wont reach that far, not even into the higher F octave.

 

Fri, 07/22/2011 - 18:43 | 1482986 MiguelitoRaton
MiguelitoRaton's picture

Does Obama negotiate with a teleprompter? Word is Soros is writing the script as we speak.

Fri, 07/22/2011 - 18:46 | 1483001 mynhair
mynhair's picture

Fricking great!  Go Tea Party!

No more prisoners!

Fri, 07/22/2011 - 18:52 | 1483025 j0nx
j0nx's picture

People in hell want ice water too Mr. President. Obama's mother must have forgot to teach him that you catch more flies with honey than you do vinegar. Someone also needs to tell him that he is not king nor emperor and can make no such demands.

Fri, 07/22/2011 - 18:57 | 1483055 lizzy36
lizzy36's picture

It works both ways.

FULL DISCLOSURE: I an neither GOP or Democrat. Believe both parties are same side of the coin. I am a Canuck.

However, i think it is the height of fucking unacceptable arrogance for Boehner to not return the Presidents phone calls for the WHOLE DAY. This is the President, you may not respect the man, but you damn well respect the office or you have NO business being or holding elected office.

Fri, 07/22/2011 - 20:54 | 1483565 docj
docj's picture

Respect is earned.

And not just by winning a freaking election.

Barky is not the king, lizzy. Johnny Orange is the head-honcho of a co-equal branch of government - one that, if anything, was supposed to actually have a higher place than the executive (that's why it's talked about in Article 1). Barky has been pissing on them since 1/2/11 and they've finally told him to screw. Long overdue if you ask me.

Fri, 07/22/2011 - 21:00 | 1483603 cranky-old-geezer
cranky-old-geezer's picture

Yes, when the person occupying that office is acting in accordance with the Constitution.

NOT when he's violating it, and abusing his limited authority ...like he is here.

The president isn't a fucking king.  He has limited authority.

 

Fri, 07/22/2011 - 18:52 | 1483031 lizzy36
lizzy36's picture

Ironic that in the race to default (selective or otherwise) between Greece and the USA, that the USA would win.

#brilliant

Fri, 07/22/2011 - 18:52 | 1483033 wombats
wombats's picture

Finally!  Someone in the Republican party with a set of balls.  Now lets just see if they will carry through instead of caving like they usually do.

Fri, 07/22/2011 - 18:57 | 1483050 Critical Path
Critical Path's picture

"we have run out of time"... classic... that about sums up 2 and a half years of bullshit green shoot talk.

Fri, 07/22/2011 - 18:59 | 1483058 HungrySeagull
HungrySeagull's picture

I don't see green shoots. Only the burned up grass and dying cattle.

Expect your meats to get really cheap soon. They are stuffing the Meat Triangle slaughter houses plum full with several thousand kills per night.

Fri, 07/22/2011 - 19:01 | 1483071 Critical Path
Critical Path's picture

You are correct sir... scorched earth and a charred middle class.

Fri, 07/22/2011 - 19:07 | 1483097 HungrySeagull
HungrySeagull's picture

Thank you for your support... I knew something was up when I saw fields of hayrolls vanish when semi load after semi load (Including pickups with 5th wheels) rolling south for a few days. Usually this time of year a few rolls remain... but now the fields are bare for miles.

Fri, 07/22/2011 - 19:00 | 1483068 rockraider3
rockraider3's picture

That's it Barry.  Demand their asses at the White House ASAP to get this resolved!  Oh what's that you say, you can fit 9 holes in after breakfast?  Wait, someone get Boehner on the phone, we're going to have to push him back to 11am.

Fri, 07/22/2011 - 19:04 | 1483085 mynhair
mynhair's picture

Boner presser around 7:15p

Fri, 07/22/2011 - 19:10 | 1483112 N57Mike
N57Mike's picture

where do we find the Boner presser... ??

Fri, 07/22/2011 - 19:10 | 1483113 N57Mike
N57Mike's picture

where do we find the Boner presser... ??

Fri, 07/22/2011 - 19:07 | 1483098 LateToTheTable
LateToTheTable's picture

...and the talking heads go ::::WILD::::: Ohhh, Ahhhh

Don't fall for the 'BS Kabuki theater taken to a whole new level' crap.  It's all been planned out and We The People aren't in the 'going to fare well' part.

Time to wake some folks up - it's the least we can do.

*note to self - time to exercise the 'locked-in / only able to borrow 1/2 of vested 401K' option Monday.

 

 

 

Fri, 07/22/2011 - 19:13 | 1483125 Bagbalm
Bagbalm's picture

Have your ass in the boss's office tomorrow. You better be afraid. You hear?!

Fri, 07/22/2011 - 19:16 | 1483134 bankonzhongguo
bankonzhongguo's picture

Listen.  Obama represents the Corps and Banks and every f&cking congressman also represents the Corps and the Banks. 

The elite corporations and banks WANT a "default" so they can do to USA what they did to Greece and every other banana republic.

Its all political theater to leverage Amerikans into more debt.  And $2.5 trillion will last one year only.

Oh and NO discussions about stopping illegal wars, Corporate Welfare, bank bailouts or TSA molester police state.

And yes.  Fuck you to the intel police quacks at DHS for trolling for middle class AQ terrorists.

 

Fri, 07/22/2011 - 19:20 | 1483150 sasebo
sasebo's picture

We're just lucky Ron Paul's got some balls.

Fri, 07/22/2011 - 19:51 | 1483279 Noah Vail
Noah Vail's picture

Wrong words. Right words CALL THE COPS!

Fri, 07/22/2011 - 20:05 | 1483323 Sathington Willougby
Sathington Willougby's picture

Respect the office?

Calling for honor among thieves?

It didn't start in 1913.  It started in 1860's with the 13th and 14th amendment.  That's when you became property.  Bitch all you want.  You're just property that bitches.  Eventually they'll put you down if you make enough stink.

Who gives a slapdick president's jaybird ass about Social Security?  What are you thieves going to do when the military quits?  Your business plan goes to third world sewage overnight, lawful fuckall thieves.

Fri, 07/22/2011 - 20:24 | 1483429 Cow
Cow's picture

First, what about "coequal branches" does the current occupier/former constitutional teaching assistant not understand?

Second, maybe Boner should invite that lamer over to Congress for a meeting.  Get his lazy ass out of the people's house for a while.

Fri, 07/22/2011 - 20:49 | 1483557 cranky-old-geezer
cranky-old-geezer's picture

"I want them here tomorrow at 11am...we have run out of time."

Fuck off asshole, you don't tell congress what to do.

Fri, 07/22/2011 - 21:19 | 1483693 JLee2027
JLee2027's picture

 "I want them here tomorrow at 11am...we have run out of time."

Classic narcissistic approach. Seem it before.  Demand, demand, demand. There is nothing to discuss, and anyone attending with just listen to whining about why its your fault that a deal isn't happening, and what is everyone else doing about it. Barry, the narcissistic one, will do nothing. 

This does not appear to be a ploy...Boehner has figured him out and will not return until Congress has a consensus in both houses.

Fri, 07/22/2011 - 21:21 | 1483700 JLee2027
JLee2027's picture

A week after Barack Obama stormed away from Republican negotiations on the debt ceiling, it is now Boehner's turn.

Not quite fair Tyler. Obama was playing dominance games, Boehner is not. 

Fri, 07/22/2011 - 21:39 | 1483749 cranky-old-geezer
cranky-old-geezer's picture

This is the SAME DAMN FRIDAY AFTERNOON BULLSHIT they pulled in March '08 when Bear Stearns collapsed over the weekend.

By Monday morning some sort of deal will be worked out with the Fed.  Stealth QE.  Count on it.

And man it feels like March '08 all over again. Deja vu bitchez, gonna be interesting.

Fri, 07/22/2011 - 21:37 | 1483767 rajat_bhatia
rajat_bhatia's picture

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...

Fri, 07/22/2011 - 21:56 | 1483838 Lucius Corneliu...
Lucius Cornelius Sulla's picture

The McConnell plan has already been decided long ago.  Everything else is theatrics.  

Sat, 07/23/2011 - 07:05 | 1484293 jkruffin
jkruffin's picture

I hope they all walk out, and refuse to raise this debt ceiling....they have to stop this Wall St. euphoria and scare mongering...the only way to seem to do it is a crash of the system...default!!!  The only ones crying are those who have piled into the risk on Bernanke boat on Wall Street.  Everyone else knows it means better times for them, especially the poor and middle class folks.

I hope these Rebublicans stick to their guns and tell Obama to go to hell....he doesn't need another $2.5 Trillion blank check to waste within a year.  Bernanke and Geithner belong in jail.

Sat, 07/23/2011 - 08:44 | 1484397 Waterfallsparkles
Waterfallsparkles's picture

Obama has gotten everything he wanted when he had an all Democratic House and Senate.  He still thinks that he can dictate instead of negioate.

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