• Sprott Money
    05/26/2016 - 05:58
    How many “emergency” “secret” meetings do the central planners around the world need to have before the citizens of the respective countries begin to fully understand and take notice that something...

As Treasury Is Set To Issue $32 Billion In Bonds Tomorrow, Boehner Says No Debt Ceiling Raise Without Trillions In Cuts

Tyler Durden's picture




 
0
Your rating: None
 

- advertisements -

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.
Mon, 05/09/2011 - 16:56 | 1256886 Thorlyx
Thorlyx's picture

Yeah, why not. Go on.....

Mon, 05/09/2011 - 16:57 | 1256887 Sudden Debt
Sudden Debt's picture

If they would empty all THE wishing wells in THE world...
They might have Enough to cover it...

Mon, 05/09/2011 - 16:58 | 1256889 monopoly
monopoly's picture

It is slowly all coming together. We all know the ending of this movie. Watch that volume control. Going to get loud around lunch timel

Mon, 05/09/2011 - 17:01 | 1256895 monopoly
monopoly's picture

sudden debt, you have got to be the coolest Canadian I have met. lol

Mon, 05/09/2011 - 18:54 | 1257264 Cdad
Cdad's picture

Candian?  I thought sudden was Euro trash.

Tue, 05/10/2011 - 01:51 | 1258222 Bringin It
Bringin It's picture

Belgian

Mon, 05/09/2011 - 17:03 | 1256896 buzlightening
buzlightening's picture

boner a dead head fed cluster flocker traitor. We'll be cutting trillions over the next century.  Buy our century bonds now. LOLOLOLOLOL

JPM and the CME did not count on the SLA. This was their fatal error. Our numbers are too great. Each pullback radicalizes more to join the SLA. Those who don’t believe JPM and the Fed can be taken down with a global silver run are wrong. http://www.maxkeiser.com
......................................................
jpig will begin puking even as QEIII being priced in & mkts up. http://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=jpm&insttype=&freq=&show=
.......................................................
I can hear demon now. We are well capitalized. The silver shortage has been contained. All the while the US Citizen will get stuck with this bailout as well!!  ROTFL!!!!!!

 

 

 

Mon, 05/09/2011 - 17:03 | 1256903 Re-Discovery
Re-Discovery's picture

(Bevis laugh)

He said boehner

(Bevis laugh)

Mon, 05/09/2011 - 17:08 | 1256911 Franken_Stein
Franken_Stein's picture

Brilliant !

Mon, 05/09/2011 - 17:18 | 1256950 Re-Discovery
Re-Discovery's picture

I just wanted to get people used to what their likely to read in the Congressional Record of the debt ceiling debate.

Mon, 05/09/2011 - 17:40 | 1257062 MachoMan
MachoMan's picture

It will say a whole bunch, but in the end it should read "our spending policies have been wholly unsustainable for a very long time, but we're finally near the end of being able to hide it, except for the fact that these nice guys in TBTF financial institutions/FED help kick the can down the road that much longer so that our transgressions cannot be fully realized until we have better insulated ourselves."

Mon, 05/09/2011 - 17:22 | 1256976 goldfish1
goldfish1's picture

Boner was all about tarp 1&2.

Mon, 05/09/2011 - 17:03 | 1256898 Cleanclog
Cleanclog's picture

Newt Gingrich will announce his "debt ceiling" plan on Wednesday, Boehner be damned.

Mon, 05/09/2011 - 17:12 | 1256922 BetTheHouse
BetTheHouse's picture

Newt and Boehner are not exactly pals.  Boehner was a leader of the failed coup against Newt when he was Speaker. And was cast into the wildnerness for years because of it.  Lesson: If you are going to try to knock someone off, better make sure you actually kill him, not just wound him. 

Mon, 05/09/2011 - 17:44 | 1257087 Cleanclog
Cleanclog's picture

Yup, just another reason that Newt will try to undermine Boehner.  Mostly, it will be his early posturing for White House run.  Watch Wednesday.

Mon, 05/09/2011 - 19:23 | 1257341 masterinchancery
masterinchancery's picture

Boehner has been doing a good job of undermining himself, doesn't seem to need much help from Newt, the ethanol lobbyist.

Mon, 05/09/2011 - 18:43 | 1257227 cossack55
cossack55's picture

I am down with that, baby. I've been yelling for years that we need to bring back duelling.  Solve many problems, quickly.

And none of this new shit either. No S&W 500 with Crimson Trace grips and a 30 power scope. No, no. We are talkin 18th century cap and ball or swords/sabres. 

Mon, 05/09/2011 - 21:00 | 1257590 ColonelCooper
ColonelCooper's picture

If the person dueling me had a firearm with a thirty power scope, I would choose a sword.

Mon, 05/09/2011 - 17:06 | 1256899 rokakoma
rokakoma's picture

I'm wondering where will the Treasury find $33B till 16th May, to fill the gap above the debt limit ... Worst case, they have to buy back some treasurys by cash.

 

That will burn their cash balance pretty fast ... faster than early august, I'm sure ...

Mon, 05/09/2011 - 17:02 | 1256901 buzzsaw99
buzzsaw99's picture

The Boehner is turgid.

Mon, 05/09/2011 - 17:07 | 1256915 Dr. Porkchop
Dr. Porkchop's picture

I guess the reason Boner is so brown is because of his complete shit-full-ness.

Mon, 05/09/2011 - 18:28 | 1257197 Alex Kintner
Alex Kintner's picture

Boner has a bad habit of smearing his Dirty Sanchez. I got a dog who likes to roll in horse maneur -- so it's a known condition.

Mon, 05/09/2011 - 17:11 | 1256916 Hephasteus
Hephasteus's picture

So they have to soften this boner guy?

Is this the same bohner that passed out checks from big tobacco on the voting room floor. That is responsible for billions being poisoned with big tobacco additives.

Mon, 05/09/2011 - 17:38 | 1257009 topcallingtroll
topcallingtroll's picture

.

Mon, 05/09/2011 - 17:29 | 1257015 topcallingtroll
topcallingtroll's picture

PEOPLE have a choice about smoking.
I am not coercing them.

The real threat to liberty is the extraction of
excessive taxes by force to support this bloated inefficient productivity killing monster.

Cut the budget like you mean it this time, tea party.

Mon, 05/09/2011 - 18:34 | 1257216 Hephasteus
Hephasteus's picture

Do they have a choice about cancer additives and addictiveness additives and line breeding for addictiveness. Do alchaholics have a choice about their body to choosing to keep alchahol in their system for twice as long as non alchaholics.

When you were born did were you in complete control of your body or did you spend years just learning to use your hands.

Mon, 05/09/2011 - 21:20 | 1257638 downwiththebanks
downwiththebanks's picture

No - the real threat to liberty is the banker-gangsters robbing your wealth.  That they own the politicians simply makes their job easier.

As usual, Top Caller, you're all for killing grandma but you CONDEMN the very idea of taxing the banker-gangsters when they lever up using government money at their nerdy little Quant Casino.

I wonder why.  

"AUSTERITY FOR EVERYONE!!!"*

 

* except me and my fellow banker-gangsters.  We have needs - like man-purses.

Mon, 05/09/2011 - 17:12 | 1256919 plocequ1
plocequ1's picture

$32 X-large? But i thought the math wont allow us to do that. I guess John Nash and his equilibrium theory is full of shit. Fuck it im buying more Pcln. 

Mon, 05/09/2011 - 17:12 | 1256924 Jim B
Jim B's picture

SSDD!  Chance of "real" large cuts.................. ZERO!

Mon, 05/09/2011 - 17:14 | 1256927 cxl9
cxl9's picture

If Congress refuses to raise the debt ceiling, they should simply be rounded up, arrested, and thrown into Guantánamo as enemies of the State. The American Congress is useless and corrupt, and long ago abdicated any legitimate claim they have to govern the country. Just get rid of them already. Think of the money it would save.

Mon, 05/09/2011 - 17:17 | 1256947 topcallingtroll
topcallingtroll's picture

Yes always the solution of authoritarians and advocates of big government.

FREE US FROM THIS MONSTROSITY, TEA PARTY!

Mon, 05/09/2011 - 21:23 | 1257655 downwiththebanks
downwiththebanks's picture

"Anyone who doesn't hand over cash to insolvent banker-gangsters should be rounded up and taken to a stolen island."

Impressive logic.  The banker-gangsters love you.

Mon, 05/09/2011 - 17:16 | 1256932 atomicwasted
atomicwasted's picture

The executive branch will simply ignore the debt ceiling, most likely on the grounds of national security/defense.  Because no one has standing to challenge a breach of the debt ceiling in court, the precedent of the executive having the right to ignore law and the accompanying power of the executive will grow as well, giving the White House two reasons to just blow through the debt ceiling. 

Mon, 05/09/2011 - 17:54 | 1257102 cosmictrainwreck
cosmictrainwreck's picture

Excellent strategy. New Exec. Orders comin' (bitchez). Why didn't I think of that <slaps forehead>

Mon, 05/09/2011 - 17:17 | 1256938 topcallingtroll
topcallingtroll's picture

Please stand your ground tea party.

Give them only extensions in 500 million dollar allotments.

Take an axe to government spending each time the debt limit is reached.

Hand the combined bill over to the president for his signature thirty minutes before doomsday.

Let the president veto it and default. Tea party ends big government either way.

Mon, 05/09/2011 - 21:23 | 1257663 downwiththebanks
downwiththebanks's picture

The banker-gangster mantra is so fucking pathetic:  "austerity for the Greatest Generation, just as long as I keep my free money for gambling, hookers, and drugs."

Mon, 05/09/2011 - 17:17 | 1256939 Rhone_Ranger
Rhone_Ranger's picture

LOL @ Boehner!!

When they're done hashing it out, a couple trillion will really mean a couple billion spread out over the next ten years.  By then, it will be someone else's problem?

Mon, 05/09/2011 - 17:19 | 1256952 Jim B
Jim B's picture

+ a Trillion or two....

Mon, 05/09/2011 - 17:31 | 1257025 ColonelCooper
ColonelCooper's picture

"will really mean a couple billion spread out over the next ten years. "

Until the CBO scores it, after the fact, and it turns out to $1,342. Over ten years.

Mon, 05/09/2011 - 17:15 | 1256941 Rainman
Rainman's picture

Barry hates this talk bout money goin away. Money ain't for savin, it's for spendin. We need to talk more about SEAL headshots.

Mon, 05/09/2011 - 17:19 | 1256943 Mr Lennon Hendrix
Mr Lennon Hendrix's picture

The Republicans will be "blamed" for another financial crisis then!  Harriman is laughing from the grave!!!

Mon, 05/09/2011 - 17:19 | 1256957 topcallingtroll
topcallingtroll's picture

THE TEA PARTY DOESNT CARE.

IF THEY DEFAULT AND END BIG GOVERNMENT PERMANENTLY MOST WILL BE SATISFIED AND LEAVE POLITICS ANYWAY.

Mon, 05/09/2011 - 17:58 | 1257124 chet
chet's picture

Hate to break it to you, but the tea party is a minority faction in one party that controls one-half of one branch of government.  They can make themselves annoying, but they aren't calling any shots.

Mon, 05/09/2011 - 19:38 | 1257394 hound dog vigilante
hound dog vigilante's picture

 

No, they are not calling any shots... yet.

 

The writing is on the wall. TP was written-off two years ago as astroturf populism. Now the TP is pulling an LBO on the GOP.

 

You thought the 2010 election was brutal (for incumbents)?  2010 was a dress rehersal for 2012... pols who vote to raise the debt ceiling... gone.  Pols who vote to fund the IMF... gone.  Pols who vote for bailouts... gone.

 

Keep on shorting the TP... see how that position plays out.

 

Mon, 05/09/2011 - 21:37 | 1257689 downwiththebanks
downwiththebanks's picture

The Tea Party is not even real - it's a corporate construction, funded by austerity hypocrites who use government money to lever up on paper.

I'll never vote for either of the two parties, but none of the clowns running can beat the incumbent.  Ronmey-Paul-Huckabee-Polenti:  are you serious?

It's not even close.  It's just not possible, considering that Barry has the full-throated (and full-walleted) support of his banker-gangster puppeteers.

Mon, 05/09/2011 - 19:53 | 1257424 hound dog vigilante
hound dog vigilante's picture

And FWIW, I think Boehner is toast. He's a country club republican in the unenviable position of having to placate a leaderless populist movement... ain't gonna work.  Boehner's idea of "budget cuts" has already compromised his ability to herd the TP into the GOP corral.  He's gonna cut a multi-decade spending deal with the WH/Treasury/Fed, and that deal will be the pike upon which the Tea Party sets Boehner's fake-tan head...

 

Kinda like this idea of heads on pikes... along the on/off ramps on the D.C. beltway... a warning for those who approach with bad ideas and other people's money...

 

Mon, 05/09/2011 - 17:17 | 1256946 Gubbmint Cheese
Gubbmint Cheese's picture

If your Boehner persists for more than four hours, call your physician..

Mon, 05/09/2011 - 19:02 | 1257281 Implicit simplicit
Implicit simplicit's picture

Good one! He's just another peckerhead politician trying to shoot-off his mouth.

Mon, 05/09/2011 - 17:18 | 1256949 Rhone_Ranger
Rhone_Ranger's picture

Don't Worry, He didn't mean it.....  Tanning Machines, when combined with high levels of bourbon, make you see extra "zeros."

Mon, 05/09/2011 - 17:28 | 1257007 Rainman
Rainman's picture

+ 2 packs of Marlboro Red

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