• Tim Knight from...
    04/28/2016 - 00:27
    I was expecting a few boring candidate statements of the U.S. Senate - AKA the World's Most Exclusive Club - but, boy, was I wrong. Just take a look at some of these gems.
  • Tim Knight from...
    04/28/2016 - 00:27
    I was expecting a few boring candidate statements of the U.S. Senate - AKA the World's Most Exclusive Club - but, boy, was I wrong. Just take a look at some of these gems.

Paul O'Neill: People Who Refuse To Raise The Debt Ceiling Are "Our Version Of Al-Qaeda Terrorists"

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Wed, 04/27/2011 - 13:20 | 1212264 plocequ1
plocequ1's picture

Duly noted. Now back to our rally in progress.

Wed, 04/27/2011 - 13:40 | 1212369 101 years and c...
101 years and counting's picture

sounds like its time for kill a few thousand more americans to extend the ponzi out a few more years (like they did on 9/11/01).  best way to get spending thru at this point is with a "national emergency".

 

Wed, 04/27/2011 - 13:47 | 1212419 Hearst
Hearst's picture

How dare America try to ballance their budget! 

 

The rich ruleth over the poor, and the borrower is servant to the lender. - Proverbs 22:7

Wed, 04/27/2011 - 14:26 | 1212538 Don Birnam
Don Birnam's picture

"I do believe we have [a] broken political system that is capable of doing irresponsible things. This whole conversation is irresponsible."

"Irresponsible conversation" indeed. This, a quote from a gentleman who has been party to this "broken political system" stretching back to when O'Neill was Jerry Ford's deputy director of OMB ? Beltway hypocrisy.

Wed, 04/27/2011 - 14:33 | 1212732 topcallingtroll
topcallingtroll's picture

Allah Akbar then.

Lets take jihad to the bankers and AIG.

Wed, 04/27/2011 - 19:56 | 1214190 Crab Cake
Crab Cake's picture

AlQaeda? Oh sir, you have no conception of what real free American citizens are capable of when push comes to shove. We the people are more dangerous than you can ever imagine. Go ahead and finish what you started, finish bankrupting our corrupt empire. When this is done it is you who will be the enemy, and we will reclaim our republic; destroying all who stand before a host of free arms bearing men of common purpose.

Wed, 04/27/2011 - 20:24 | 1214283 WallStreetClass...
WallStreetClassAction.com's picture

this is exactly what Lenin used to say. welcome comrade!

Wed, 04/27/2011 - 20:39 | 1214331 Hephasteus
Hephasteus's picture

Americans are mean. You drug test a couple 6 year olds in an airport. Jack off to a couple scanner pics and they get all pissed off and make the president show HIS PAPERS!!!

Ya'll are nazis!!!

Wed, 04/27/2011 - 14:17 | 1212598 silvertrain
silvertrain's picture

.

Wed, 04/27/2011 - 14:37 | 1212761 gmrpeabody
gmrpeabody's picture

That's easy for you to say!

Wed, 04/27/2011 - 18:00 | 1213836 High Plains Drifter
High Plains Drifter's picture

sounds like it is time to kill a few thousand.........

 

yes 101, it is..........

Wed, 04/27/2011 - 18:35 | 1213934 sentient
sentient's picture

fuck this little cocksucker.....  elitist scum...

Wed, 04/27/2011 - 23:21 | 1214747 Old Poor Richard
Old Poor Richard's picture

Obama better send in some drones.  A few Hellfire missiles up their stupid tea party asses will let them know who's their daddy.

/sarcasm (indicator for the humor-impaired)

This prick O'Neill is the bankster's bankster.  Billions in bonuses depend on the Fed loaning trillions to the banksters at 0% so they can flip it to the Treasury so they can skim off a fat profit for no work and no risk.  The idea of even reducing deficit spending, let along terminating it by freezing the debt ceiling simply strikes them as worse than... well worser than the worsest thing you can imagine.

We could only hope that these Al Qaida debt-busters would saw some banks' heads off (figuratively speaking, of course).

 

Thu, 04/28/2011 - 08:50 | 1215349 PAUL LEO FASO
PAUL LEO FASO's picture

Sadly, your comment rings up a dreadful tune, for in our national collective denial of the horrific events of 9/11, lie a bitter truth that must be faced. For those Americans who now are just finishing connecting the dots and are ready for the big, hidden picture you imply, the following links are provided to establish why we must act as one unified nation to understand what has happened to America and how to reconcile the real financial terrorists amid our land today. The first link will assist in the historic perspective of the financial events prior to 9/11, during 9/11 and are an essential read, through to the conclusion. The second link is my call to action on what to do about it now.

 

http://www.israelshamir.net/Contributors/Collateral_Damage_911.pdf

http://www.zerohedge.com/print/365866

 

 

Wed, 04/27/2011 - 13:52 | 1212452 AN0NYM0US
AN0NYM0US's picture

Yesterday Margaret Brennan was chatting with their political hack and discussing Ron Paul.  She questioned why  anyone would take him seriously exclaiming "He's Seventy Five Years Old", I'd like to see her interviewing Sumner Redstone etc..  She really belongs over at CNBS.

http://twitter.com/#!/margbrennan/status/21688076313

Wed, 04/27/2011 - 14:29 | 1212680 Montgomery Burns
Montgomery Burns's picture

She's got a nice rack too!

Finally a captcha question I can answer "1 times ___ = 3"  It's a trick right?

Wed, 04/27/2011 - 14:27 | 1212683 Montgomery Burns
Montgomery Burns's picture

She's got a nice rack too!

Finally a captcha question I can answer "1 times ___ = 3"  It's a trick right?

Wed, 04/27/2011 - 17:12 | 1213672 The Fonz
The Fonz's picture

It IS a trick question. There are actually two Zero Hedge sites. When you fail too many captchas you get relegated to the retard bridgade and directed here instead of the real site. Welcome friend!

Thu, 04/28/2011 - 02:54 | 1214973 jeff montanye
jeff montanye's picture

nice.

Wed, 04/27/2011 - 13:58 | 1212504 Weisbrot
Weisbrot's picture

How about USA declares bankruptcy, re issues debt to the small holders & sovereigns 1st, then make the FED take the hair cut...... seems equitable to those of us that believe all the tarps and QE were nothing more than a giant financial rape of America.

 

Wed, 04/27/2011 - 17:36 | 1213752 Al Gorerhythm
Al Gorerhythm's picture

The poor chap has made so many twists and turns in his logic, that he has tied his feeble mind into a knot. The political and bureaucratic tangle that these dolts have caused, with their abandonment of constitutionally responsible government, is a disgrace. 

Fiat money needs to be abandoned.

Wed, 04/27/2011 - 13:21 | 1212266 Dr. Porkchop
Dr. Porkchop's picture

If they are the terrorists, why is it that Timmy and the bankers are the ones with the suicide vests?

Wed, 04/27/2011 - 19:14 | 1214064 New World Chaos
New World Chaos's picture

Yeah, the real financial terrorists are those who print and spend like there's no tomorrow.  But the longer we kick the can down the road, the more spectacular the collapse at the end.  The mobs will be angrier, they will lynch more elites and burn down more corrupt institutions.   The greater the destruction, the greater the freedom afterwards.  So, as a financial terrorist, I vote we raise the debt ceiling.  Might also allow me to buy a few more terrorist silver bullets.

Wed, 04/27/2011 - 13:23 | 1212268 -Michelle-
-Michelle-'s picture

There you go, folks.  Years from now, I think this "argument" will be cited as the point at which Americans finally started to think that maybe they were being distracted by smoke and mirrors all of this time.

Wed, 04/27/2011 - 13:48 | 1212430 Whatta
Whatta's picture

not so long as I have 295 cable teevee channels to surf...so little time, so many reality shows to Tivo.

did the terror color threat color just go up a level on the news of these potential domestic terra-ists?

Wed, 04/27/2011 - 17:47 | 1213794 Larry Darrell
Larry Darrell's picture

You have been distracted, huh?

I'm pretty sure there is no more color coding on the terror level.

I believe there are now only 2 options........imminent threat being the high, and always watch your neighbors is the low.

Welcome to the motherland.

 

Wed, 04/27/2011 - 13:33 | 1212269 hedgeless_horseman
hedgeless_horseman's picture

The people who are threatening not to pass the debt ceiling are our version of Al-Qaeda terrorists. Really. They're really putting our whole society at risk by threatening to round up 50 percent of the members of the Congress, who are looney, who would put our credit at risk.

It is all of the politicians that have spent the money (money they didn't have, but we taxpayers are on the hook for) that put their credit at risk, not our credit.

Step one to getting out of a hole you have dug yourself into is always to stop digging.  I don't think we are even close to step one.

Wed, 04/27/2011 - 13:31 | 1212329 A Lunatic
A Lunatic's picture

Taxpayers are the new Terrorists.

Wed, 04/27/2011 - 13:42 | 1212380 redpill
redpill's picture

Truth is treason in the Empire of Lies.

-- Ronald Earnest Paul, Revolution: A Manifesto

Wed, 04/27/2011 - 14:11 | 1212441 A Lunatic
A Lunatic's picture

Terrorists are the new Communists.

Wed, 04/27/2011 - 14:22 | 1212626 trav7777
trav7777's picture

just a paraphrase of Orwell and Goebbels

Wed, 04/27/2011 - 14:27 | 1212682 A Lunatic
A Lunatic's picture

paraphrase is the new parapliers which will be used to pull your fingernails off if you do not raise the debt ceiling. The Witch Hunt is on, bitchez.

Wed, 04/27/2011 - 18:29 | 1213919 el Gallinazo
el Gallinazo's picture

Of course Orwell did it better:

During times of universal deceit, telling the truth becomes a revolutionary act.

Wed, 04/27/2011 - 13:59 | 1212512 Whatta
Whatta's picture

" 50 percent of the members of the Congress, who are looney,"


Question...What percentage of the general population does it take to elect a "50% looney" Congress? WTF?

That asshat thinks we are all dummer'n a bag of dead squids.

Wed, 04/27/2011 - 15:14 | 1212969 THE DORK OF CORK
THE DORK OF CORK's picture

Hedge less -  its not a debt ceiling  , its a money ceiling - the money just has a time component which gives interest.

The money has to replace the credit or at least increase its ratio relative to credit money

You can do it 3 ways  - increase the stock of Goverment money

                                 increase the price of private money to balance the liabilties

                                or destroy the liabilties (chiefly bank deposits )

Maybe I am missing something however........

Wed, 04/27/2011 - 16:10 | 1213330 hedgeless_horseman
hedgeless_horseman's picture

You aren't missing anything (other than a few Northern counties). 

Ah well, such is the bread of an everyday life. From morning to noon to this shadowless night.

Wed, 04/27/2011 - 16:21 | 1213384 THE DORK OF CORK
THE DORK OF CORK's picture

And a central bank which obeys us rather then the ECB.

Look at Ireland - we have a tiny money stock  to pay for private liabilties.

Credit money and Money are like chalk and cheese.

 

Wed, 04/27/2011 - 16:24 | 1213414 hedgeless_horseman
hedgeless_horseman's picture

we have a tiny money stock  to pay for private liabilties.

And yet everything there is still so expensive.  Strange.  Is the velocity of money particularly high in Ireland, relative to other places?

Wed, 04/27/2011 - 16:47 | 1213551 THE DORK OF CORK
THE DORK OF CORK's picture

You get to the crux of the Euro weakness at least from a sovergin money perspective.

Congress produces base money in the States.

The ECB has control of base money in Europe.

Their 3% deficit rule lowered tax during the first decade or so of Euro preparation and assimilation.

This lower tax increased private consumption , malinvestment and credit money saving during the initial years - these higher asset prices and real wages and bank liabilties (deposits) are now ingrained on private bank balance sheets.

The ECB is preventing goverment money creation to replace this credit money.

Euros are hoarded - this limits the medium of exchange function of money and therefore commerce

IMPLOSION.

Wed, 04/27/2011 - 13:21 | 1212271 spekulatn
spekulatn's picture

T-O-O-L.

Nuff said.

Wed, 04/27/2011 - 13:24 | 1212275 the not so migh...
the not so mighty maximiza's picture

Extend my credit card limit or the bitch gets it!!

Wed, 04/27/2011 - 13:48 | 1212432 101 years and c...
101 years and counting's picture

they'd love to extend you credit.

if you threaten to close your credit, you are a terrorist and will be sent to guatanamo.

 

 

Wed, 04/27/2011 - 13:22 | 1212279 lolmao500
lolmao500's picture

What about not lying and say that US breaching the debt ceiling just means NO DEFICIT... and it doesn't mean default?

Wed, 04/27/2011 - 17:36 | 1213741 topcallingtroll
topcallingtroll's picture

very good point!

Wed, 04/27/2011 - 13:25 | 1212283 Gimp
Gimp's picture

You are either with us or against us on keeping the ponzi going....

Wed, 04/27/2011 - 13:35 | 1212353 falak pema
falak pema's picture

That is the true historical definition of what hegemony means...aka Pericles.

Of course Mr Ponzi was no Pericles...but maybe Paul O'Neil sees himself in that vein...

Wed, 04/27/2011 - 13:23 | 1212287 Buckaroo Banzai
Buckaroo Banzai's picture

I would like to suggest respectfully that Paul O'Neill go fuck himself.

Wed, 04/27/2011 - 13:28 | 1212312 fuu
fuu's picture

I second the motion.

Wed, 04/27/2011 - 14:07 | 1212557 willien1derland
willien1derland's picture

Motion Passed - Well done BB - without the Debt ceiling extension Wall St will have to accept the risks they take - it's called accountability O'Neill - not like anyone on Wall St or Washington DC would have any grasp of such a concept -  

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