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

Tyler Durden's picture

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plocequ1's picture

Duly noted. Now back to our rally in progress.

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".

 

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

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.

topcallingtroll's picture

Allah Akbar then.

Lets take jihad to the bankers and AIG.

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.

WallStreetClassAction.com's picture

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

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!!!

gmrpeabody's picture

That's easy for you to say!

High Plains Drifter's picture

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

 

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

sentient's picture

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

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).

 

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

 

 

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

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?

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?

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!

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.

 

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.

Dr. Porkchop's picture

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

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.

-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.

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?

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.

 

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.

A Lunatic's picture

Taxpayers are the new Terrorists.

redpill's picture

Truth is treason in the Empire of Lies.

-- Ronald Earnest Paul, Revolution: A Manifesto

A Lunatic's picture

Terrorists are the new Communists.

trav7777's picture

just a paraphrase of Orwell and Goebbels

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.

el Gallinazo's picture

Of course Orwell did it better:

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

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.

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........

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.

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.

 

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?

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.

spekulatn's picture

T-O-O-L.

Nuff said.

the not so mighty maximiza's picture

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

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.

 

 

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?

Gimp's picture

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

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...

Buckaroo Banzai's picture

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

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 -