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Congress Passes Republican One Week Stopgap US Budget Measure, Obama Veto Next

Tyler Durden's picture


Flashing headline that Congress has passed the stopgap budget measure. This is not a surprise. What will be a surprise is if the measure first passes the Senate (and they better move quick: 26 hours or so left), and then Obama has to not veto it. Which he has said he will. In other words this is a major non-event for the time being.

From Bloomberg:

The measure, passed 247-181, would cut another $12 billion in spending this year and fund the Pentagon at current levels through Sept. 30. Senate Majority Leader Harry Reid, a Nevada Democrat, called the bill a “non-starter.”

Reid and House Speaker John Boehner, an Ohio Republican, returned to the White House today to meet with Obama for talks to try to avert a shutdown at midnight tomorrow.

Leaders of both parties insist they don’t want a shutdown while they maneuver to avoid blame if one occurs.

An administration statement, in threatening a veto of the short-term House measure, said it would be a “distraction” from the budget talks. Reid said the one-week measure is a sure “way to close the government.”

Boehner called on the Senate to act on the bill.



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Thu, 04/07/2011 - 14:38 | 1146266 slow_roast
slow_roast's picture


Thu, 04/07/2011 - 14:43 | 1146296 mule65
mule65's picture

Yep!  BTFD!!

Thu, 04/07/2011 - 15:01 | 1146388 spiral_eyes
spiral_eyes's picture

armageddon priced in, smooth ride up to s&p 36,000.


central planning, bitchez.

Thu, 04/07/2011 - 15:02 | 1146405 tellsometruth
tellsometruth's picture


download the mp3 of The Economic Outlook and Financial Industry Challenges
Speaker: Thomas M Hoenig
Chair: Dr Philippa Malmgren
This event was recorded on 30 March 2011 in Sheikh Zayed Theatre, New Academic Building


I ask Mr Hoenig about market manipulation of PM markets at the 55.30 mark!!! And I shook his hand afterward... this is what we need real debate and discussion, peacefully and see if can change the BS that has been going on.


please circulate or call me a dumbass I do not care I will stay my course, but I want more free open questioning and debate


Now I am going to go grab a curry and head to the pub! Have a good day in the states!


Thu, 04/07/2011 - 16:00 | 1146661 covert
covert's picture

so, why post about it?


Thu, 04/07/2011 - 14:39 | 1146271 knukles
knukles's picture

Oh, I just love it so.  I'm such a drama queen!

Thu, 04/07/2011 - 14:40 | 1146279 NOTW777
NOTW777's picture

obama standing strong for fraud, corruption, funding abortions and communism

Thu, 04/07/2011 - 14:59 | 1146387 NOTW777
NOTW777's picture

obama said he was concerned about pay for the troops but this stop gap measure provides the troops get paid - 

Thu, 04/07/2011 - 15:02 | 1146412 mdwagner
mdwagner's picture

which is the only reason why Republicans put it in there.  Then the partisan idiots can say "Obama doesn't want to pay the troops!" when he vetoes it.

Thu, 04/07/2011 - 15:07 | 1146423 NOTW777
NOTW777's picture

take a breath - you call them "idiots" because they wish to pay the troops?

BTW obama and dems also reject a proposal for president and congress not to be paid if there is a shut down

Thu, 04/07/2011 - 15:09 | 1146439 mdwagner
mdwagner's picture

No, they want dems to look bad.  That's the only reason it's in there.


I was referring to partisan idiots who haven't realized that Republicans and Democrats are corrupt to the core.  This is just a big distraction.

Thu, 04/07/2011 - 15:21 | 1146491 tmosley
tmosley's picture

Why do we need troops?  

I say fire 90% of them.  We don't need to be the world's policeman/thug.  Bring our boys home!

Thu, 04/07/2011 - 15:31 | 1146530 GeorgeHayduke
GeorgeHayduke's picture

+100 on that idea.

Thu, 04/07/2011 - 15:56 | 1146636 percolator
percolator's picture

Nice handle, "The Monkey Wrench Gang" is a great book.

I agree with tmosley too.

Thu, 04/07/2011 - 15:41 | 1146579 Shell Game
Shell Game's picture


Thu, 04/07/2011 - 16:55 | 1146890 Bob
Bob's picture

Hell yeah.

Thu, 04/07/2011 - 18:07 | 1147222 Go Galt. Please.
Go Galt. Please.'s picture

Didn't Iraq throw us out? Why are we still paying full price?

Thu, 04/07/2011 - 15:31 | 1146528 GeorgeHayduke
GeorgeHayduke's picture

You gotta love how the Repubs are such fiscal stalwarts when there's a Dem prez. If Obama were a Repub they'd be lifting that debt ceiling and and giving all of us a patriotic speech about fighting for freedom and God and all that good shit.

First requirement for being in the US Congress or Senate is being a good BS artist, although you don't have to be as good anymore with the population dumbed down so well.

Thu, 04/07/2011 - 15:16 | 1146470 willien1derland
willien1derland's picture

Obama's export strategy--> Aggression, Fraud, Inflation to everyone in the world - I am certain Madagscar or Micronesia is next after Libya

Thu, 04/07/2011 - 15:04 | 1146409 Chuck Walla
Chuck Walla's picture

Obama wants to pay people who won't vote for him?  Thats not the change I voted for.

Thu, 04/07/2011 - 15:09 | 1146443 NOTW777
NOTW777's picture

you can junk all you want but you cant defend your obamagod

Thu, 04/07/2011 - 15:10 | 1146454 mdwagner
mdwagner's picture

You're getting junked because you seem to think that it's only Obama taking us there and not ALL of them.

Thu, 04/07/2011 - 15:18 | 1146479 NOTW777
NOTW777's picture

obamas running the show - dont blame others.  like it or not he is the president.

how is he leading in any constructive way?

Thu, 04/07/2011 - 15:28 | 1146513 mdwagner
mdwagner's picture

Right ok.  Why bother having Congress then?  He doesn't write the bills.  I'm not defending Obama.  It's not like he's any more destructive than Bush or whatever crappy Republican is president in 2012.

Thu, 04/07/2011 - 15:31 | 1146534 GeorgeHayduke
GeorgeHayduke's picture's hard to beat that kind of airtight thinking.

Is recess over yet?

Thu, 04/07/2011 - 17:46 | 1147150 ColonelCooper
ColonelCooper's picture

Let me put it this way.  I DESPISE Obama.  Clear enough?  However, your third grade level political discourse is making me think I could find a better discussion at Yahoo Politics.

Thu, 04/07/2011 - 15:09 | 1146449 BorisTheBlade
BorisTheBlade's picture

...and communism"

Lenin is rolling in his mausoleum

Thu, 04/07/2011 - 15:24 | 1146502 NOTW777
NOTW777's picture

so you deny that obama has repeatedly pledged to redistribute the wealth according to his liking

Thu, 04/07/2011 - 15:30 | 1146524 mdwagner
mdwagner's picture

It would be good if he redistributed the wealth stolen by the banks.  But he's not planning on it no matter what he says.

Thu, 04/07/2011 - 15:46 | 1146596 Shell Game
Shell Game's picture

Dempublicans and Republicrats are both cowards when it comes to the banks. F'ck both parties.

Thu, 04/07/2011 - 15:42 | 1146578 BorisTheBlade
BorisTheBlade's picture

so you deny that Lenin is in mausoleum

Thu, 04/07/2011 - 14:42 | 1146290 Cdad
Cdad's picture

Perfect!  This wil allow for the criminal syndicate known as Wall Street to insert one more price dislocation prior to Friday.  Wonderful! down on Japan...up on Japan all clear....down on the budget crisis....back up on a deal....woot!  Down on veto.  Sweet!  What a wonderful market!  Investors everywhere must be clamoring to get in!

Will someone please get a fire hose into the room next to where Duncan Niederauer takes his afternoon dump, and hose down all co located things...please.

Thu, 04/07/2011 - 14:51 | 1146327 plocequ1
plocequ1's picture

All this is confusing me. I think i will eat my lunch 

Thu, 04/07/2011 - 14:44 | 1146293 moneymutt
moneymutt's picture

Shouldn't it say House passed budget measure. Isn't Congress the term for both the House and the Senate?

Thu, 04/07/2011 - 15:03 | 1146417 mdwagner
mdwagner's picture

yeah, it won't get to Obama.

Thu, 04/07/2011 - 17:08 | 1146964 Bob
Bob's picture

Not if the senate covers his ass.  But it might be time for them to finally expose him for who he really is.  For his legally blind constituents. 

Thu, 04/07/2011 - 14:44 | 1146295 Dr. Porkchop
Dr. Porkchop's picture

When Dawson's Creek went off the air, I was hungering for teenage melodrama, now I hunger no more.

Thu, 04/07/2011 - 16:15 | 1146728 nonclaim
nonclaim's picture

Yeah, except no girls in this plot...

Fri, 04/08/2011 - 01:07 | 1148703 StychoKiller
StychoKiller's picture

You give them far too much credit, this is more like "Rugrats" on Nicklelodeon™!

Thu, 04/07/2011 - 14:45 | 1146299 X. Kurt OSis
X. Kurt OSis's picture

More war, earthquakes and sovereign defaults??!!!

I was watching a baseball game, the Yankees just took the lead, now I'm gonna have to go buy the fucking dip...

Thu, 04/07/2011 - 15:00 | 1146394 Seasmoke
Seasmoke's picture

Not many are watching from the seats , place is empty !

Thu, 04/07/2011 - 15:09 | 1146441 X. Kurt OSis
X. Kurt OSis's picture

Weather's crappy and too many dips to buy today.  Staying downtown.

Thu, 04/07/2011 - 15:09 | 1146453 X. Kurt OSis
X. Kurt OSis's picture

... and the Sox lost again.... I'm not buying that dip.

Thu, 04/07/2011 - 14:47 | 1146308 plocequ1
plocequ1's picture

Who cares? We are doomed , Right? Why should it matter.

Thu, 04/07/2011 - 16:05 | 1146679 centerline
centerline's picture

Entertainment value.  Pass the popcorn and Jack Daniels please.

Thu, 04/07/2011 - 17:08 | 1146980 Bob
Bob's picture

Agreed, in terms of the dollar outcome.  It appears that we'll be defining the social terms of the inevitable disaster all along the way, however.  FWIW. 

Thu, 04/07/2011 - 14:50 | 1146318 kujo
kujo's picture

Isn't that "One Weak Stopgap US Budget Measure"

Fri, 04/08/2011 - 01:08 | 1148707 StychoKiller
StychoKiller's picture

Weak as a piece of spaghetti cooked for 30 minutes!

Thu, 04/07/2011 - 14:47 | 1146319 brian0918
brian0918's picture

These fuckers just bought everything on the menu with a bad check, and are now bickering about whether to leave no tip, or leave a flattened penny with a picture of Helicopter Ben's face smashed into it.

Thu, 04/07/2011 - 14:51 | 1146331 Josh Randall
Josh Randall's picture

++1 cent

Thu, 04/07/2011 - 15:13 | 1146463 X. Kurt OSis
X. Kurt OSis's picture

These fuckers just bought everything on the menu with a bad check, and are now bickering about whether to leave no tip, or leave a flattened penny with a picture of Helicopter Ben's face smashed into it.

Now that's some funny shit.

Thu, 04/07/2011 - 15:22 | 1146497 tmosley
tmosley's picture

I say we leave the real thing (Ben's smashed face, that is).

Thu, 04/07/2011 - 14:47 | 1146321 alien-IQ
alien-IQ's picture

perfectly timed non event news release to assure an end of day rally...despite everything else...which I cannot list since I would be listing shit until well after market closes...

Thu, 04/07/2011 - 14:51 | 1146328 Fred Hayek
Fred Hayek's picture

The whole thing is a non event.

It's kabuki theater for the idiots who don't know the full context of things.  They're bickering over a tiny slice of the massive deficit spending.  And the cowardly cipher in chief is probably the worst of the three power blocks.  We are so screwed.

Thu, 04/07/2011 - 14:52 | 1146338 rubearish10
rubearish10's picture

I wish a fiscal problem with the FRB would be news.

Thu, 04/07/2011 - 14:51 | 1146345 metaforge
metaforge's picture

Barry won't even have to veto it as it will never clear the Senate.  He overplayed his hand here.  For being a "shrewd Chicago politico" he sure doesn't play the game very well these days.

Thu, 04/07/2011 - 14:57 | 1146379 Dr. No
Dr. No's picture

Exactly.  For a guy who gave tax breaks to the wealthy (brilliant political move), he seems to be backtracking here.  Does he miss his chief of staff?  He is falling on the sword for the senate.  Do they have something on him?

Thu, 04/07/2011 - 14:54 | 1146363 Eireann go Brach
Eireann go Brach's picture

Throw some Bama Bucks on top as a stopgap, won't that save the budget? No Mr President there are no more Bama Bucks, Joe Biden told us they are worthless and that we could take home the remainder of the printed Bama Bucks stacked in the Oval office and wipe our asses with them! Godamm Joe, where is he? Sir he is arguing on the phone with Tony Blair, jesus christ I have told Joe 100 times that Blair is not the PM anymore.

Thu, 04/07/2011 - 14:56 | 1146369 Global Hunter
Global Hunter's picture

Obama says a lot of stuff he doesn't mean.  There's lots of examples but the most recent one concerning Qadaffi that he in no uncertain terms had to go.  As well all know Qadaffi will still be running his country long after Obama's term comes to an end.

Fri, 04/08/2011 - 01:11 | 1148714 StychoKiller
StychoKiller's picture

Fidel Castro has outlasted 9 US Presidents already, what's one more?

Thu, 04/07/2011 - 15:00 | 1146377 moneymutt
moneymutt's picture

6 months worth of budget, less than 2 percent of ciscretionary budget, 10 billion in difference, and they are wiling to incur big costs of a shutdown, what a joke, if you represent us you should be trying to find a solution..if they serious about reducing deficit, they would consider Defense cuts and raise taxes on rich, both of which enjoy consistent popularity in polls and they would make hard choice about big costs of current Medicare benes and its looming insolvency...but Repubs spent all of 2009 and 2010 defending Medicare spending against mild cost reforms of Dems HCR and you know, defense spending is not "govt spending" and never involves waste or fraud and always is very helpful to the lives of regular folks...

Thu, 04/07/2011 - 14:57 | 1146378 rockraider3
rockraider3's picture

This was necessary so they can all blame each other for the government shutdown.  Politics as usual. 

Thu, 04/07/2011 - 15:06 | 1146421 tellsometruth
tellsometruth's picture

sadly seems true

Thu, 04/07/2011 - 15:09 | 1146435 Id fight Gandhi
Id fight Gandhi's picture

So were gonna shut down. Good.

Thu, 04/07/2011 - 15:07 | 1146437 SRV - ES339
SRV - ES339's picture

More Tea Party ideological games... they're using the budget to impose their ideological will on the country without regard for those they hurt.

They are out of control, and should get all of the blame for this circus, and the damage done if it's shut down.

Thu, 04/07/2011 - 15:09 | 1146450 DonnieD
DonnieD's picture

What damage?

Thu, 04/07/2011 - 15:17 | 1146482 Fred Hayek
Fred Hayek's picture

If you're so sure there will be damage, then tell everyone, off the top of your head the date of the gov't shutdown in Clinton's administration.  Because there must have been so much *damage*, right?  It must have stuck with you though none of the other 300 million of us could recall the exact dates.

Please.  Don't literally become a talking point yourself.  It was enough for you to to completely side with one group.  You didn't have to convince yourself of their lies, too.


Thu, 04/07/2011 - 17:10 | 1146989 SRV - ES339
SRV - ES339's picture

Insecure people make debate personal... I addressed the situation as I see it, I do not attack anyone's personal position, unless of course they go after me... then they're fair game!

Fri, 04/08/2011 - 01:14 | 1148725 StychoKiller
StychoKiller's picture

Last time I checked, the Republicons are running the House and the Decepticrats are running the Senate -- check yoru premises.

Thu, 04/07/2011 - 15:18 | 1146485 Ace Ventura
Ace Ventura's picture

You're right. Better to stop arguing and just keep the Galactic American Spendathon going.

Stop spending money WE DON'T HAVE? Gosh, what are those lame-arsed tea-partiers thinking?




Thu, 04/07/2011 - 16:46 | 1146858 SRV - ES339
SRV - ES339's picture

This has nothing to do with the deficit or spending (do you know the facts or do you just lash out like some programed dolt)... the Tea Party children are demanding cuts to most of the favorite targets (Planned Parenthood, NPR, etc). The Dems have agreed to every dollar of cuts in the original GOP House proposal but the 'kiddies' just send Boehner (tail between legs) back for more each time.

This is about the next six months of spending, does nothing to address deficit issues, and is simply childish posturing by the Tea Party lose cannons. Like their state GOP siblings (how's that going for ya Scott), they will get a rude awakening the next time they face the voters... just like Beck, they have a shelf life... and it's just about up.

Thu, 04/07/2011 - 19:42 | 1147601 James
James's picture

While i'm not a Beck fan, it's apparant he has a shelf life of a Hostess Twinkie - indefinate.

He's not going anywhere.

Thu, 04/07/2011 - 15:30 | 1146523 Navigator
Navigator's picture

Absolutely SRV!   +100

Thu, 04/07/2011 - 15:53 | 1146632 Shell Game
Shell Game's picture

Oh, yes. Bravo, indeed.  It oozes logic to blame a grassroots movement that emerged after this country's descent into the greatest crisis of our generation.  Yep, our leaders have it right, if only that damn tea-party would let them get to work!  Mm-hmm, right.

Thanks for being like so many other partisan fucks out there..

Thu, 04/07/2011 - 15:08 | 1146445 tekhneek
tekhneek's picture

lol. "In other words this is a major non-event for the time being."

Fucking love you Tyler. I fucking LOVE YOU.

Thu, 04/07/2011 - 15:19 | 1146493 X. Kurt OSis
X. Kurt OSis's picture

Financial blog groupies... This is a crazy world we live in.

Is it because of the Brad Pitt avatar?  Cause I am almost certain he or she doesn't actually look like that.

I wonder if Jim Grant has groupies?

Thu, 04/07/2011 - 15:25 | 1146506 X. Kurt OSis
X. Kurt OSis's picture

Ha!  When you google 'Jim Grant Groupies' you get this:

I guess TD is the only one with groupies.  I want some fuckng groupies.  Where's my groupies.

Fri, 04/08/2011 - 01:16 | 1148737 StychoKiller
StychoKiller's picture

Not many can relate to someone with a paper bag over their head; man up and get a real avatar for starters!

Thu, 04/07/2011 - 15:28 | 1146517 willien1derland
willien1derland's picture

I wonder if Jim Grant has groupies?


LOL +1MM - My co-workers have all left the building as they are afraid that yours truly is a raging psychopath or about to go postal after I bursted out in laughter (after reading your post)  -

Thu, 04/07/2011 - 16:13 | 1146713 X. Kurt OSis
X. Kurt OSis's picture

After a more thorough Google search, I can now confirm that Jim Grant does not have groupies.

Thu, 04/07/2011 - 15:22 | 1146495 willien1derland
willien1derland's picture

Now that is a HALLMARK moment - Posting to a blog (cost of computer & internet service), taking the time to read the posts (Wall Streeters, Federal Reserve, other Banksters, $$$$,  everyone else - less than minimum wage after inflation), posting to Tyler, I fucking LOVE YOU...priceless

Thu, 04/07/2011 - 15:14 | 1146462 SilverRhino
SilverRhino's picture

time to go buy some physical solar panels. 

Thu, 04/07/2011 - 16:00 | 1146659 primalplasma
primalplasma's picture

I got mine last week. Buy Goal Zero solar products. Highly recommend. :)

Thu, 04/07/2011 - 19:43 | 1147611 James
James's picture

I just bought six.

Thu, 04/07/2011 - 15:13 | 1146464 mdwagner
mdwagner's picture

Look at the bankers pulling the puppet strings.  While everyone is taking sides between R's and D's, the banks are being ignored as the source of the problems.


It's not R vs. D.  It's us vs. R's,D's and banks!

Thu, 04/07/2011 - 15:20 | 1146496 Ace Ventura
Ace Ventura's picture

+ 1 googleplex

Thu, 04/07/2011 - 16:00 | 1146658 Shell Game
Shell Game's picture

So true..  The emporer is naked and 97% see clothes.  It's freaking body hair people, he's neked!!

Thu, 04/07/2011 - 17:23 | 1147063 Bob
Bob's picture

According the the ongoing Corporate Media shows What Reality Is and What Matters Politically, your estimation would be correct.  But in the crude world of living people, at least half instinctively know we're under attack by the banksters.  People are ignoring it because they are still getting by and the Corporate Media polls don't ask the troublesome questions that would undermine their scripts, but let shit get painful for a significantly greater proportion of the population and we'll see that most people already know what's up. 

Thu, 04/07/2011 - 15:14 | 1146471 ragedmaximus
ragedmaximus's picture

 I guess the false flag iran nuke attack will be the next week then you know to give them time to prepare

Thu, 04/07/2011 - 15:22 | 1146500 whoopsing
whoopsing's picture

All this over a half-eaten bag of dorito's?

Thu, 04/07/2011 - 15:25 | 1146505 Misean
Misean's picture

I'd yawn about this, if I could care enough to...which I don't.

Thu, 04/07/2011 - 15:27 | 1146514 John Self
John Self's picture

It seems to be confusing to Tyler too.  "Congress" is not exactly the same thing as the House.

Thu, 04/07/2011 - 16:15 | 1146726 topcallingtroll
topcallingtroll's picture

There are several tylers with varying abilities. I like the older smarter tyler best. I cant imagine he would have made that mistake. I was all excited that harry reid had allowed a senate vote when i read.the headline.

Thu, 04/07/2011 - 15:28 | 1146518 benb
benb's picture

Impeach the Obama-Puppet.

Thu, 04/07/2011 - 15:33 | 1146540 mdwagner
mdwagner's picture

And replace him with another puppet?  Won't help.

Thu, 04/07/2011 - 17:01 | 1146925 benb
benb's picture

I disagree. Biden is even a much greater transparent joke. It will wake more politically challenged people out of their trance. We've got nothing to lose and something to gain...Impeach the Puppet!

Thu, 04/07/2011 - 15:30 | 1146532 Cortez
Cortez's picture

As a fed worker I wouldn't mind a few days of furlough to get other shit done.  Ultimately, I think this budget battle is a power play to see who is in the driver's seat for the 2012 budget and it vast implications. 

Thu, 04/07/2011 - 15:43 | 1146581 rubearish10
rubearish10's picture

Really? You must have been busy lately err, or not paying attention. Just joking with ya, ha!

Thu, 04/07/2011 - 19:50 | 1147629 James
James's picture

Would you please stop "Publically" Servicing me?

Thu, 04/07/2011 - 21:00 | 1147836 thedrickster
thedrickster's picture

Resignation or seppuku, your choice.

Thu, 04/07/2011 - 15:42 | 1146589 Bow Tie
Bow Tie's picture

when these guys can't even agree on cutting a few billion, you can be certain it'll end in tears $_$

Thu, 04/07/2011 - 15:45 | 1146591 AR15AU
AR15AU's picture

LOL @ the TSA...

Public servitude, bitches!

Thu, 04/07/2011 - 15:46 | 1146603 suckerfishzilla
suckerfishzilla's picture

I have e-mailed the President many times throughout his tenure and have expressed my sentiments in regard to the Federal budget and the economy among other things.  I've criticized his recent selection for his Chief of Staff and share my concerns about JP Morgan and their fraudulent short position at the comex.  In my mind there are not enough citizens supporting this effort to show our awareness of the problem.  If enough people show that they aren't getting the wool pulled over their eyes then this could bring about a game change.   Maybe. 

Thu, 04/07/2011 - 16:00 | 1146650 andybev01
andybev01's picture

Hmm, how to break this to you?..........

Thu, 04/07/2011 - 15:49 | 1146612 One_Eyed_Pony
One_Eyed_Pony's picture

Kabuki Theater... Amazing the Shit Sandwiches created by the Clowns of Congress and served-up by their 4th branch of government. Corporate MSM (media).

They're all afraid to reralize that if they lose their congressional job(s)... there's no openings for stand up comics on the Laugh Tour. Maybe a few openings for bullshit artists jobs on Sunday Morning indoctrination entertainment.

Thu, 04/07/2011 - 15:58 | 1146648 rubearish10
rubearish10's picture

Yeah, life is a SHIT Sandwich, the more bread you have the less shit you eat!

Thu, 04/07/2011 - 15:51 | 1146617 Sudden Debt
Sudden Debt's picture

I wonder how long it will take for anybody to notice.

In my country, the government shut down 12 months ago... nobody cares anymore. All still seems to work out just fine.




Thu, 04/07/2011 - 16:08 | 1146702 topcallingtroll
topcallingtroll's picture

I knew i loved belgium.

What a great people.

Thanks for the info, flannel monster.

Fri, 04/08/2011 - 01:22 | 1148758 StychoKiller
StychoKiller's picture

He's a monster, run away!


Thu, 04/07/2011 - 16:02 | 1146657 ml8ml8
ml8ml8's picture

Obama will NOT veto that bill, are you crazy?  He doesn't want anyone to have an excuse to NOT pay their TAXES. 

Thu, 04/07/2011 - 16:08 | 1146703 Sudden Debt
Sudden Debt's picture

Like taxes will enable them to pay for their spending spree :)

It would be like a junky taking a dayjob at Mcdonals to pay for his 1000$ a day fixes.



Thu, 04/07/2011 - 16:07 | 1146693 topcallingtroll
topcallingtroll's picture

Go ahead you pussy. Veto it.

Thu, 04/07/2011 - 16:11 | 1146709 nah
nah's picture

so we really are running out of money



Thu, 04/07/2011 - 16:21 | 1146752 Sudden Debt
Sudden Debt's picture

Just imagine...


If anybody ever said this could happen 2 to 3 years ago, they would have looked at you like you where a looney.

Now it's here. It's a fact. Credit declined.


there seems to be a problem with your bank. We can only accept cash from now on.




Thu, 04/07/2011 - 17:08 | 1146972 benb
benb's picture

“…We can only accept cash from now on.” Cash, check, charge, soon it will make little difference… all declined. Cash will then mean only tangible assets.

Fri, 04/08/2011 - 07:22 | 1149175 tomster0126
tomster0126's picture

A nation living on plastic...have you seen Michael C. Ruppert's documentary "Collapse?"  His insight on fiat money and our current economic situation is mystifying, he completely predicted the 2008 collapse about a year or two in advance.

Thu, 04/07/2011 - 16:17 | 1146731 Scout Itout
Scout Itout's picture

As more people reach their pain threshold, they will act. Whether or not their action is helpful or harmful to TPTB determines what happens next! Sumtimz you eet the bar and sumtimz the bar eets you!

Thu, 04/07/2011 - 17:53 | 1147179 sschu
sschu's picture

I was listening to an interview with Ryan about his proposal and it sounds pretty good.

The interesting thing he he thinks that we still have time to deal with the situation, that unlike Europe, we do not yet have a "debt crisis".  He thinks if we wait much longer though, we will have no choice but to slash spending indiscriminately.

He may be right, but there seems to be little political will to deal with reality.  It also seems that we are closer to the debt crisis than what he says.




Fri, 04/08/2011 - 01:26 | 1148772 StychoKiller
StychoKiller's picture

So hard to hear what Cassandra is saying with that tornado rushing up behind ya!

Thu, 04/07/2011 - 18:07 | 1147229 mkkby
mkkby's picture

So Obama vetoes it.  Which banker is moving his hand this week?

Thu, 04/07/2011 - 18:29 | 1147306 gwar5
gwar5's picture

I hope the government does shut down. It will prove we really don't need them. We'll get along just fine.

Thu, 04/07/2011 - 18:58 | 1147379 Prostar
Prostar's picture

I hope they shut the whole damned thing down.  And Barak Obama isn't even a legitimate president since he lacks a birth cirtificate from the USA.  We should all be shutting his ass down.  Furthermore he's so worried about government funding why not just add another costly health care bill on as pork. 

Thu, 04/07/2011 - 20:57 | 1147828 thedrickster
thedrickster's picture

Ag & Au gonna get crushed when a deal is cut on the same day that the EUR shits itself.

A true BTFD.


Thu, 04/07/2011 - 21:57 | 1148019 honestann
honestann's picture

Shut the government down.

And leave it shut down, permanently.

The government is a fiction, and we never signed up for this fiasco.

The experiment in "central government" has been tried, and by ANY standard whatsoever it is a complete, massive, utter failure.



Thu, 04/07/2011 - 21:59 | 1148034 wareco
wareco's picture

Tyler.  A little civics lesson.  "Congress" is comprised of the House of Representatives and the Senate.  Congress is not simply the House of Representatives, as you imply in this post.

Fri, 04/08/2011 - 07:17 | 1149169 tomster0126
tomster0126's picture

Obama, basically Bush 2.0, going back on everything he promised originally!  Impeach?  Maybe...this administration more than any other is all about lying to the public, what's the deal with that?

Fri, 04/15/2011 - 11:33 | 1172573 hedgeless_horseman
hedgeless_horseman's picture


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