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and absolutely no attempt whatsoever to balance a budget...
got this from ed steers morning letter...
...drama for the balance of the week, courtesy of Goldman.
Thank you Goldman, just wondering, are your lobbyists working on any of that stuff? ya know, maybe an interest in the greenhouse gas cap & trade stuff?
Just a show all that is. Hang the bastards and restore order. Yeah the revolving door crap has to stop. Its over folks.
Is the DC-based kabuki theater getting just a little bit shrill? Desperate? Losing their audience? I hope so.
"40% of Federal Employees are Non-Essential?"
I thought they were .9999 or .99999 non-essential to begin with.
The more metal I buy, the less I give a shit.
Boehner, Reid & Obama meeting at the WH at 10am to "hammer out a deal". Should we cut a useless 30 billion or tremendous 60 billion from the budget?
Theater is right except that when we go to see a play we pay to be entertained and not robbed further.
According to Harry Redi (D-NV), the Republicon budget cuts are "cruel and mean-spirited." Sorry Nevadans, you had a chance to get rid of this useless Klown, and ya threw it away!
Hell yeah, btfd today. It's down big, almost .20th of 1%. It's a national fucking emergency.
....and there she goes, the levitation higher!
Washington - it would be funny if it wasn't so tragic.....
Didn't somebody prove that deficits don't matter? Then why are his progeny all hoping up and down to cut it and tinker with the golden goose? Oh...I see something here about more tax cuts for you know who ...... sneaky :-)
Dan Quayle I believe.
Didn't someone say, 'with gold at $300/ounce we're doing well, with gold at $400/ounce we're doing not so well...'
so how are we doing at $1450/oz then?
F the government. They gave 23 trillion away to banks in baliouts, programs, give aways and reach arounds. The federal debit is only 14 trillion. Let them all got to hell, and now you want to cut "entitlements"? FU, pay up bitchez. You got an unlimited budget to go on military farces around the world, but the few programs that are funded, Medicare, SS they want to go after them so they can use that money for the goverment bitchez, Well FU.
Make the fed buy all those bonds and return the interest to the tax payer. When they talk about spending cuts why not talk about the interest paid by the tax payer? Oh no, can't even speak about "buddy money".
F the federal government, the fed and the TBTFs, they can all kiss my ass.
Knowing what's spewing from your avatar's butt, how could you expect anything different? :>D
and don't get me started on what corporations like GE, google, BP all those whores pay. The government wants more money? FU get it from your buddies.
I'm guessing you just finished your taxes as well. Entitlements my ass--self employed pay over 15% to social security and medicare alone, something I myself will never fucking receive in my entire lifetime.
This system as we know it will not make it. The sheeple are ignorant enough though, until they are hungry they will not get it.
I pay more in that I will never get back than GE paid in total??
F this government, F this bullchit. Ain't no more blood left in this turnip.
Except to the extent they can enrich their friends or damage the country as a whole, congress is irrelevant.
I stopped watching this kabuki theater 20 years ago.
The only thing happening in Washington DC is a budgetary gang-bang where the average joe is ass-raped whilest the rich and incorporated playcate fiscal masturbation as "balanced."
Shut down the government until 2012, vote in a new circle jerk. Hopefully Congress catches financial-HIV until then!
The best thing that an happen in the US is the government shut down (and stay's that way!).
Welcome back my friends to the show that never ends
We're so glad you could attend
Come inside ! Come inside !
Capital of the Free World.
Shut it down for good.
We have to keep our chins up though...watch Grandma get evicted by this brave SWAT Team in her pajamas. After watching this I spontaneously began singing the "Star Spangle Banner"...
The foreclosure mess isn’t going away
Give this one a good swift click...exciting video included.
Unlimited money for unlimited wars and bank bailouts but no money for running our own govt: these jokers are truly insane and much better actors than anyone in Hollywood!
Blame the Tea Party extremists for any suggestion of austerity.
A budget deal that includes a 1.5 trillion in deficit spending is pretty meaningless unless you have a FED willing or obligated to buy the bonds the U.S. gov't has to sell in order to actually implement the budget.
QE2 ends in June. Every other gov't, with the possible exception of China, is not in a position to buy meaningful amounts of U.S. debt. They can't even support themselves at this juncture. Even China could not fill the gap by themselves, assuming they are even inclined to buy more U.S. debt, which is doubtful. Japan is out of the U.S. debt buying game for the forseeable future and may even be selling.
This is all kabuki theater. There is either a plan to cause a public demand for continued QE (false flag?) or they are going to have to effectively shut down the gov't through massive cuts in everything but debt payments, further exacerbating their tax revenue shortfall. The Fed does not have enough interest income and principal payoffs to fund this level of deficit spending internally without further QE.
I personally don't see them cutting massively, but am open to the possibility. That being said, if they are going to massively cut spending after June then it doesn't make sense they would agree to a budget that includes massive deficit spending three months prior to that event. I guess stranger things have happened though.
True definition of "a useless cunt"...
Waht if Goldman Sachs, along with Warren Buffet announced they were going to give the US a $100 billion bridge loan to the US?
Oh I don't know, it's somewhere to park my bike...
This is who you's let run your country...???
The "best of the best"
What a sad bunch of puppies you's Americans are.
Hasn't recent history demonstrated that carrying the session into the weekend creates a platform for the legislation to show the constituency just how hard they are working by providing expanded TV drama/coverage to a larger, live, CSPAN/Cable News weekend audience?
its is true theatre, where the actors act with their hands out for money for themselves. no money, no action.
shut her down, and as an aside someone kick Harkin in the ass for promoting cornthanol and its associated subsidies...he's such an idiot.
Some of the best entertainment I've had all year...watching Bernanke and his crew of goons try to figure this one out has been hilarious, meanwhile I've been hoarding my silver and just waiting to cash in on their stupidity.
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