Cantor Announces House To Vote On "Cut, Cap And Balance Act" Tomorrow

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Mon, 07/18/2011 - 14:36 | 1467302 the not so migh...
the not so mighty maximiza's picture

Oh man , the president is not gonna like this.

Mon, 07/18/2011 - 14:41 | 1467333 SilverRhino
SilverRhino's picture

You mean Mr Dont-Call-My-Bluff Bitch?  

What kind of fucking moron even utters a statement like that?

Mon, 07/18/2011 - 16:37 | 1467887 Clark Bent
Clark Bent's picture

In litigation, a jerkwater who is about to lose. Obama still thinks he's persuasive. He should realize he is no longer a mystery. 

Mon, 07/18/2011 - 14:50 | 1467401 Gert_B_Frobe
Gert_B_Frobe's picture

I see Oblahblah going all "german kid on the computer". Mooshell will just pass him another serving of pork rinds and grape soda comfort food to calm him down.

Mon, 07/18/2011 - 20:40 | 1468473 Zero Govt
Zero Govt's picture

Eric Cantor is a posturing narcisistic lawyer (snake oil salesman)

Posture all you like Cantor, we know you've got to bring home the bacon for your vested interests (parasites) and the only way is to rape the taxpayer now or raise the debt ceiling (ie. rape the taxpayers of the future)

you were born yesterday to think we were born yesterday and don't know you're going to raise the debt ceiling because your greedy parasites won't stop their feeding frenzy of the countries productive people is afterall their last dip at the well before your rotten self, your rotten Party and your rotten sponsors run for the hills leaving decades of debt (parsitical feeding) for others to clear up after you human criminal scum

Here's a Newsflash: we're coming after you to pay the bills you ran up... debt slave

Mon, 07/18/2011 - 14:37 | 1467304 Cognitive Dissonance
Cognitive Dissonance's picture

OK, what's the punch line?

Mon, 07/18/2011 - 14:39 | 1467314 LeBalance
LeBalance's picture

Eric is Judy?

and Teleprompter is Punch?

Mon, 07/18/2011 - 14:40 | 1467325 Sophist Economicus
Sophist Economicus's picture

The American people undergo a televised vivisection?

Mon, 07/18/2011 - 14:46 | 1467367 Cognitive Dissonance
Cognitive Dissonance's picture

Currently underway.

"Doctor, let's remove the wallet first."

Mon, 07/18/2011 - 14:38 | 1467311 Robot Traders Mom
Robot Traders Mom's picture

Nice. Cut $100 billion in spending to increase the debt ceiling by $1 trillion.


Only in America.

Mon, 07/18/2011 - 14:50 | 1467399 cougar_w
cougar_w's picture

Dude, that's like a 10:1 payoff. 

Mon, 07/18/2011 - 17:02 | 1467971 JPM Hater001
JPM Hater001's picture

10:1 Payoff in America is a deal in my book

Mon, 07/18/2011 - 18:42 | 1468244 Aductor
Aductor's picture

You got to stay leveraged. The Bernank is covering everyone's back.

Mon, 07/18/2011 - 20:11 | 1468486 Zero Govt
Zero Govt's picture

i'd say Bens posture is more the crone that bends over and takes it

(smack) "Thankyou Master, may i have another"

(smack) "Thankyou Master, may i have another"

He better get the KY out and start greasing those printing presses, the DC parasites will be along shortly with their demands to be bailed out of bankruptcy (again)

Mon, 07/18/2011 - 14:38 | 1467313 carbonmutant
carbonmutant's picture

The problem here is that Obama thinks he's president...

Mon, 07/18/2011 - 14:51 | 1467403 Long-John-Silver
Long-John-Silver's picture

The House and Senate can propose a constitutional amendment. The President has nothing to do with it and can not veto it. That said it requires a 2/3 majority in both the House and Senate to pass a proposed constitutional amendment and approved by 3/4's of the States. This can take upwards of 7 years to get an amendment passed. Even if this amendment passed all these hurdles the 7 or more years required for this procedure is going to take too long to "save" the country from default and disunion.

Mon, 07/18/2011 - 18:39 | 1468240 Buck Johnson
Buck Johnson's picture

You're correct, also there is another reason why we very rarely if ever do constitutional amendments.  It's because every tom, dick and sally will want other amendments (ban gays or whatever) to be also done at the same time.  There is to much nickle and diming that will happen if they open up that can of worms.  That July 22 date is almost here, and I truly believe that this isn't theater anymore.  I think that chicken is being played and both sides are waiting to see who will blink.  They seen Obama blink before, they believe he will blink again.  Obama doesn't want to look week on this and so is trying to look strong.  Boehner is waffling because he knows that Cantor has his eye on his job as speaker of the house.  And McConnell is a snake in the grass, he's doing everything on the senate side to try to get Obama to agree to a trick and it hasn't worked yet.

Mon, 07/18/2011 - 14:39 | 1467316 earnulf
earnulf's picture


Mon, 07/18/2011 - 14:44 | 1467319 TruthInSunshine
TruthInSunshine's picture

Jack Bauer?

Only MacGyver can fix the epic (some would say unprecedented) woes the global economy faces.

Give the man a chewing gum wrapper, paper clip, flint stone and some 12# fishing line, and kick Bernanke's ass to the curb, bitchez.


But look -

At least that's under control, and we all know how incredibly credible Freddie Mac is. /sarc
Mon, 07/18/2011 - 14:46 | 1467362 Cdad
Cdad's picture

Correct brother Truth,

The only way to fix this thing is to first remove all of the impediments to things actually getting fixed....the Bernanke, crony corporations, long time DC politicians, bankers bankers and more bankers....which means...

...this thing will not be fixed.  So we are looking at a downgrade of our debt or a debt default.  Either one of these because the parties involved will not allow anything to actually be fixed.  And additionally, I believe Obama wants a default, anyway.

So good luck with all the status quo, it is only drama, everything will be fixed by Thursday sort of call.  

**keep selling the long bond...that's the trade**

Mon, 07/18/2011 - 15:06 | 1467484 TruthInSunshine
TruthInSunshine's picture

We should have took our medicine in 2008, like David Stockman, Kotlikoff, Ron Paul and many Austrian-Schoolers did or would have advised.

It would have been better to see Goldman's, JP Morgan's, GE's, BofA's, etc, etc. etc. stocks go to $1 or $0, have a Wall Street Bloodletting in full force (i.e. let the parasitic financial sector of the economy bleed out), in order to shore up Main Street (don't believe those who claim Wall Street saves or can save Main Steet; Main Street is having its ass taxed, raped and brutalized to subsidize the parastic financial elite, hence no true recovery and a further economic degradation on the way).


We should have took our medicine and the pain back in 2008, killed off the parasites, and re-set the table for true, organic economic growth, led by Main Street.

Hank Paulson, Jamie Dimon, Bernankincide and Krugman would have been unhappy, but WTF have they done for Americans or other global citizens except inflict a death by a million paper cuts upon them (they use boxcutters and not paper, though).

Mon, 07/18/2011 - 22:11 | 1468860 Ned Zeppelin
Ned Zeppelin's picture

Absolutely 100% correct.  Goldman people junked you. 

Mon, 07/18/2011 - 23:44 | 1469080 TruthInSunshine
TruthInSunshine's picture

You know it, Ned.

Any true business person who actually works honestly, whether with his or her hands or mind, and understands even the basics as to what makes real and sustained economic growth happen, and what makes nations wealthier rather than poorer, understands that Wall Street & Financial Fixers, who now have captured government and regulators, have bled the country too far close to death, and the parasitic shock is too much.

We're past the point of no return, now.

This is why defaulting on debts and massive deleveraging is the only option now, if real economic growth independent of debt expansion and money shuffling/paper pushing is ever to be had again.

Mon, 07/18/2011 - 15:30 | 1467616 A Nanny Moose
A Nanny Moose's picture

Don't forget the Duct Tape.

Mon, 07/18/2011 - 15:44 | 1467688 SheepDog-One
SheepDog-One's picture

Housing unlikely to see double dip, because it never came out of the first dip and is still plunging.

Mon, 07/18/2011 - 14:40 | 1467322 Bay of Pigs
Bay of Pigs's picture

More Flim Flam. Hey, look over there!

Mon, 07/18/2011 - 14:40 | 1467327 sabra1
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maybe they'll find cantor with his legs, arms, genitals cut off, and claim it was suicide!

Mon, 07/18/2011 - 14:41 | 1467331 bob_dabolina
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So any minute now we should be getting the end of the world speech/marshal law/first born children dying/etc

Mon, 07/18/2011 - 20:18 | 1468516 Zero Govt
Zero Govt's picture

Yep that scare story is for public consumption.. the GOP and Dems have long since come  to a under the table agreement that both their parasitical interests be left to feed on the carcuss of the United States of America without attempting to cut each others budgets ...hence never a balanced budget, never a budget cut, never any sanity ...just a feeding frenzy

Mon, 07/18/2011 - 21:49 | 1468788 Milestones
Milestones's picture

 It's Martial Law! I've seen this Marshal Law so many times I finally had to bring it up. No hard feelings.     Milestones 

Mon, 07/18/2011 - 14:40 | 1467332 tbone654
tbone654's picture

will the last one out... please turn off the lights?

Mon, 07/18/2011 - 14:41 | 1467335 Long-John-Silver
Long-John-Silver's picture

Beans, Bullets, and Bullion Bitchez!

Mon, 07/18/2011 - 15:48 | 1467706 DoChenRollingBearing
DoChenRollingBearing's picture

Things are speeding up.

GET MOVING on your preparations!

Mon, 07/18/2011 - 14:42 | 1467342 latizziforchizzi
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Obama will probably throw another temper fit and walk out because this doesn't fit with his socialist ideaology...

Mon, 07/18/2011 - 14:53 | 1467418 Long-John-Silver
Long-John-Silver's picture

Perhaps he will get so mad he could resign and go back to Kenya. /sarc

Mon, 07/18/2011 - 15:04 | 1467486 sbenard
sbenard's picture

You didn't hear? His new middle name is Barack INSANE Obama!

Mon, 07/18/2011 - 14:44 | 1467354 Gert_B_Frobe
Gert_B_Frobe's picture

And the alphabets are scurrying to get the Dem talking points delivered so as to make tonight's evening drivel.

Mon, 07/18/2011 - 14:45 | 1467364 latizziforchizzi
latizziforchizzi's picture

How about cut $2 trillion in spending to increase the debt ceiling to $100 billion...

Mon, 07/18/2011 - 14:47 | 1467375 Everybodys All ...
Everybodys All American's picture

Bluff called Obama!

Mon, 07/18/2011 - 14:53 | 1467419 latizziforchizzi
latizziforchizzi's picture

LOL at the Jack Bauer comment. What a fucking circus act this has turned out to be.

Mon, 07/18/2011 - 14:55 | 1467425 Long-John-Silver
Long-John-Silver's picture

Where's the bread that goes with the circus?

Mon, 07/18/2011 - 15:11 | 1467531 SokPOTUS
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I like to munch popcorn when watching a circus.

Mon, 07/18/2011 - 14:56 | 1467431 sbenard
sbenard's picture

Barack Insane Obama is sure to veto it! Good! Then he can take the fall for the consequences!

Mon, 07/18/2011 - 14:59 | 1467458 Rockfish
Rockfish's picture

Cut the crap and bulls__t - waste of time.

Mon, 07/18/2011 - 15:00 | 1467465 Rockfish
Rockfish's picture

O thats right thats all they have to do.

Mon, 07/18/2011 - 15:02 | 1467478 angmikey
angmikey's picture

Did I miss the part where they were going to start living within their means? 10 years from now they still aren't living in their means. What a bunch of Sh*t!

Mon, 07/18/2011 - 15:06 | 1467499 Eireann go Brach
Eireann go Brach's picture

Obama can always run a lemonade stand in Kenya when this is all over, although that is doubtful!

Mon, 07/18/2011 - 15:07 | 1467503 billwilson
billwilson's picture

Cantor is half the problem ... at least.

Mon, 07/18/2011 - 18:46 | 1468254 Aductor
Aductor's picture

I can stand Boehner. Even the teleprompter at times. But this Steven Colbert impersonator...

Mon, 07/18/2011 - 15:09 | 1467508 billwilson
billwilson's picture

Cantor is half the problem ... at least.

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