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Whose Line Is It?

Tyler Durden's picture


Guess what extremely charismatic (if extremelier teleprompted) future leader of the free world uttered the following rhetorically elegant, if completely and utterly hollow, words:

"The fact that we are here today to debate raising America’s debt limit is a sign of leadership failure. It is a sign that the U.S. Government can’t pay its own bills. It is a sign that we now depend on ongoing financial assistance from foreign countries to finance our Government’s reckless fiscal policies. … Increasing America’s debt weakens us domestically and internationally. Leadership means that ‘the buck stops here. Instead, Washington is shifting the burden of bad choices today onto the backs of our children and grandchildren. America has a debt problem and a failure of leadership. Americans deserve better."

If you said Barack H. Obama, give yourself a golfclap. And if you are scratching your head furiously at the seemingly unbelievable hypocrisy after how just four years later, the president's own economic advisor Austan Goolsbee said that a refusal by the Senate to increase the government’s debt
ceiling would be “catastrophic” and a sign of "insanity" don't worry, you are not alone. In fact, very few people can believe the self-professed "insanity" of the very people who four years ago were all about prudent fiscal behavior but now couldn't give a rat's ass about drowning the country in $150 billion in debt each and every month.

And some other observations on the teleprompter's facility with swaying in the wind via the National Review Online:

In 2007 and in 2008, when the Senate voted to increase the limit by $850 billion and $800 billion respectively, Obama did not bother to vote. (He did vote for TARP, which increased the debt limit by $700 billion.)

Sen. Jim DeMint (R., S.C.) told Human Events in an interview released today that the decision about the debt ceiling “needs to be a big showdown” in the Senate.

“We are going to cut [spending] necessary to stay within the current levels, which is over $14 trillion,” said DeMint.

If by "big showdown", DeMint means the latest pathetic theater of, for and by the government, which pretends to care about the middle class, while continuing to pander to the top 0.1% of US society, then he is absolutely spot on.

But yes, the president is correct. Americans do deserve better... than the corrupt puppet frauds that are allegedly representing their interests in the judicial, legislative and executive branches of the Wall Street purchased US government.

h/t Lucy


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Tue, 01/04/2011 - 11:13 | 846423 Ragnarok
Ragnarok's picture

A circus of bread?

Tue, 01/04/2011 - 12:53 | 846720 Paul Bogdanich
Paul Bogdanich's picture

It's becoming clear that most of these lawmakers have never even read the income and spending reports and if they have they are incapable of understanding arithmetic.  There is no possible way to balance the budget in a quarter or with the stroke of a pen.  >85% of spending is defense, social security, medicare and medicaid and interest on the debt and the budget deficit is 30% of revenues.  These people don't even understand the problem. 

Tue, 01/04/2011 - 13:59 | 846949 Don Birnam
Don Birnam's picture

"I love these members that get up and say 'READ THE BILL.' What good is reading the bill if it's a thousand pages, and you don't have two days and two lawyers to find out what it means after you've read the bill ?"

Rep. John Conyers, D-Michigan.

Behold the modern-day "lawmaker."

Tue, 01/04/2011 - 14:13 | 846996 Turd Ferguson
Turd Ferguson's picture

I didn't know where to put this. I hope it helps.

Tue, 01/04/2011 - 14:28 | 847042 Don Birnam
Don Birnam's picture

+1. I have actually added a bit to physical ( Ag ) today. 

Tue, 01/04/2011 - 15:24 | 847199 BobPaulson
BobPaulson's picture

To me it's looking more and more like the idiots are the ones doing the lending. Laugh at the government all you want but they're running a massive global ponzi con and somehow there are people ante-ing up. I think a lot of these guys understand the arithmetic all too well and are just trying to squeeze out the last few spins of the wheel before global default and currency reset happens. This debt will not be paid off in a fair way. Isn't there a proverb like if you owe a little and can't pay you're in trouble, but if you owe a lot and can't pay the lender is in trouble?



Tue, 01/04/2011 - 15:54 | 847311 macholatte
macholatte's picture

If you owe the bank $100 that's your problem. If you owe the bank $100 million, that's the bank's problem.
J. Paul Getty


Tue, 01/04/2011 - 17:14 | 847495 just_looking
just_looking's picture

The Elected cannot be trusted and neither can the electorate. 

TERM LIMITS is the only way out of this. 

Tue, 01/04/2011 - 12:59 | 846743 Econolingus
Econolingus's picture

Or of war.  We may be broke, but at least Lindsey Graham wnts a permanent military presence in Afghanistan...

Tue, 01/04/2011 - 13:24 | 846824 UpShotKnotHoleGrable
UpShotKnotHoleGrable's picture

the american dream

"what is a bank you ask...a curious place where space, time and irony exist...and yet..don' one is allowed in...not even gee ohh dee..."

Tue, 01/04/2011 - 13:29 | 846861 Bob Sacamano
Bob Sacamano's picture

The most rational policy would be a) get out of Afghanistan today (by say 5pm EST) or b) be prepared for a very long presence (permanent air base) to try to keep a lid on things.   The middle ground (aka the one espoused by BHO) is the most absurd choice.   But BHO does not know what he is doing or why he is doing it, so the absurd choice seems appropriate to him. 

Tue, 01/04/2011 - 16:25 | 847033 UpShotKnotHoleGrable
UpShotKnotHoleGrable's picture

"it's the only way to be sure"


edit: i meant the district of criminals not kabul.

Tue, 01/04/2011 - 16:11 | 847357 DaveyJones
DaveyJones's picture

you had me at rational

Tue, 01/04/2011 - 14:31 | 847051 Econolingus
Econolingus's picture

sorry, forgot the disclaimer: my Xtranormal movie is pure parody, intended for amusement purposes only.  No, I don't think that Glenn Beck actually suggested he deserves the Nobel Peace Prize.

Tue, 01/04/2011 - 16:46 | 847429 downrodeo
downrodeo's picture

I cannot, for the life of my cat, fathom how that clown and all the other circus performers commonly referred to as the US Congress, are able to keep their jobs year after year, election cycle after election cycle. Oi polloi, joe six pack is incorrigible.

Tue, 01/04/2011 - 13:58 | 846941 TruthInSunshine
TruthInSunshine's picture

A chicken in every pot.

What? The formerly middle class plebes get no poultry? Grains spiked, making it too expensive, also wiping out many poultry farmers, due to the insanity of Bernanke's monetary policies?

Very well.

A cupeth of gruel for every table.

What? Gruel's too expensive, now, too? And for the same reasons? WTF!!???

Just bring on the revolution already!!!

Tue, 01/04/2011 - 14:12 | 846995 velobabe
velobabe's picture

Monsanto continues it's death walk of the people and land on this earth.

Tue, 01/04/2011 - 14:24 | 847036 TruthInSunshine
TruthInSunshine's picture

Just make sure your crops aren't cross-pollinated (by the wind) with roundup ready GMO seed.

It'll cost you your farm.

Tue, 01/04/2011 - 14:33 | 847048 UpShotKnotHoleGrable
UpShotKnotHoleGrable's picture

already eating prion infected cloned beef, gmo corn, gmo sugar, gmo soy, gmo wheat, gmo potatoes, gmo tomatoes, gmo bannanas, gmo pineapples; air/water aluminum levels 60 times what the epa is supposed to declare as an emergency, aluminum toxicity causes alzheimers, as of the past 10 years, alzheimers is suddenly one of the leading causes of death in LA county.  water contaminated with tetrachloroethylene, perchlorate et al.....on an stuff.  for more fun google news "national water contamination".  i have no clue how my body abides.  my body is "the dude".

Tue, 01/04/2011 - 15:27 | 847214 Things that go bump
Things that go bump's picture

What do you mean, prion-infected cloned beef?  I thought they stopped adding the parts of cattle we don't use to the cattle feed to boost the protein.  I work in the medical field and I haven't heard of a suspicious rise in the normal rate of cases of Creutzfeldt-Jakob, though several years ago the young minister of a local church contracted some form of spongiform encephalopathy and died.  However, it is believed that he ate contaminated venison.  Prions aren't a life form.  You can't sterilize or irradiate them away.   

Tue, 01/04/2011 - 16:23 | 847362 UpShotKnotHoleGrable
UpShotKnotHoleGrable's picture

my understanding is that cloned beef is in the food supply chain, as for feeding cows to chickens and chickens to cows, I can't tell you if they've stopped, regulatory capture being the name of the game, but let's say they did, are usda inspectors monitoring this? I dont eat chicken anymore because its just putrid full of hormones/anti-biotics...i never eat at the cheese cake fucking factory...but i would very much be interested in what you did not comment on, the air/water toxicity, are you seeing an increased # of alzheimers in your experience? what do you think about chelation as a counter? and yes i know prions aren't a virus or bacteria.  I did not junk you btw. I was tempted though ;P

Tue, 01/04/2011 - 17:33 | 847561 gangland
gangland's picture

can i just have some fucking natural food for fucks sake??? WTF!

Tue, 01/04/2011 - 17:59 | 847645 Things that go bump
Things that go bump's picture

I'm sorry.  Please excuse me, I wasn't questioning whether or not cloned beef is being served up at the grocery store, I was questioning that it was prion-infected.  I am not a doctor and I'm not qualified to comment on chelation therapy as a treatment for exposure to aluminum.  The incidence of Alzheimer's increases with age.  I was not aware that there was a statistically significant elevation in the rate of incidence.  Do you know of a study?   

Tue, 01/04/2011 - 18:20 | 847692 gangland
gangland's picture

what's the lethal toxicity (LT) of living in los angeles you mean?

LT = the point at which 50% of the given population dies.

Tue, 01/04/2011 - 18:46 | 847774 trav7777
trav7777's picture

it's "LD50"

Wed, 01/05/2011 - 04:51 | 848566 gangland
gangland's picture

trav, awesome, lmao, thx for reminding me, an arm chair xpert xD xposed! i was simplifying it for the folks godaamit cloned think they practice sigma6? just wondering what the error rate would be in the protein make up of cloned beef? you know, just somethin to chew on...har harrrr!!! 99cent angus drive thru bitchezzz ;)!!!

what is the quality of protein replication in cloned beef?

and then there is this


yes there is no direct correlation with aluminum, but neither is there one with an increase in the aging population, or simply aging, people been getting old all the time, ambient aluminum has been parabolic only in the past decade or so......btw....prions can oddly enuff be considered as forms of life, they are classified as pathogens, biological agents,

Tue, 01/04/2011 - 18:57 | 847812 Cathartes Aura
Cathartes Aura's picture

fluoride is a waste by-product of the aluminium industry, and appears to "assist" aluminium accumulation in the brain, is BANNED in many countries, and added to US water supply:

chelation methods assist the removal of aluminium from the body, and such simple ingredients as cilantro & lemon, with chlorella to bind and remove from tissues can be used:

most states are under heavy toxic spraying of aluminium, barium & pathogens, and thus these substances are turning up in the water supplies. . .

“The samples he had performed before the alleged aerosol spraying
campaign had yielded an average of 1000 aquatic insects. Our sample
yielded only 31. This is over a 96% decline from samples taken just a
few years ago. Mangels stated that because the fish live off of the
insects, they are literally starving. This rapid decline is likely due
to changes in the chemistry of the water. The only changes that
Mangels is aware of are the dramatic increases of aluminum, barium and
strontium which he believes is from SAG programs. ”

Tue, 01/04/2011 - 20:40 | 848060 nmewn
nmewn's picture

We finally agree on something...ingesting fluoride...I chalk it up to government incompetence.

Thanks for refraining from contrail conspiracy ;-)

Tue, 01/04/2011 - 22:16 | 848240 Cathartes Aura
Cathartes Aura's picture

"government incompetence". . .

yes, it's a popular meme, and conveniently allows for endless wasted years "voting out" the "incompetence" - yet never seems to touch the core of the problem, does it?

Tue, 01/04/2011 - 22:47 | 848299 nmewn
nmewn's picture

Well...I would say, they've been pretty successful at perpetuating the "meme" all by themselves.

Personally, I don't give them that much credit...they pretty much screw up everything they put their hands on...(for us anyways) if they're not telling us what to eat, they're telling how much to eat.

Soon followed by...don't eat any of it..."a new study has changed everything we thought we knew!"...and followed again by..."disregard that last admonishment, your not getting enough!"'s a long get my point...they're idiots, listening to, nodding approvingly of, the same organizations they dole out taxpayer grant money to, who will, when they are thrown out of office...employ them.'s basically a criminal enterprise worthy of investigation...but we fire the investigators.

"In an interview, Walpin said he was disappointed by the decision, "not for myself but for the institution of inspectors general," because the court decision "has effectively removed any meaning" to a 2008 inspector general reform law."

Wed, 01/05/2011 - 03:36 | 848621 gangland
gangland's picture

thnx for the linx

Wed, 01/05/2011 - 03:52 | 848627 Cathartes Aura
Cathartes Aura's picture

I understand what you're saying, but I choose to believe that these are deliberate, long-term objectives, that not all are "in" on but nevertheless all end up supporting by choosing to side with their supposed peers against the actual amrkn (and global) public(s).

it's how I "make sense" of knowing that Monsanto has engineered aluminium-resistant seeds - why would they do that, invest their precious monies? if they were not aware of the continuous spraying? - and why is the new head of the FDA a former Monsanto exec??

I'm bored with thinking everything that happens at a government level is by chance & accident, that it's a cartoon of fail, given the outcomes affect my life and those I care about.  I realise it's popular to whine about how "stupid" everyone in gov't (and banking, and the markets, etc etc), but I don't buy that they're all tripping over their feet and can't tie their laces.

(p.s. I could give a shit about "obama" or anyone else that serves as a lightning rod for people's attentions.)

Wed, 01/05/2011 - 03:57 | 848630 gangland
gangland's picture

"I'm bored with thinking everything that happens at a government level is by chance & accident, that it's a cartoon of fail, given the outcomes affect my life and those I care about.

(p.s. I could give a shit about "obama" or anyone else that serves as a lightning rod for people's attentions.)"


that is the best thing that i have read on the internet for the past 15 years. gives me hope.  there is no hope i know that.

Wed, 01/05/2011 - 07:41 | 848704 nmewn
nmewn's picture

Cat is always a very interesting read...I may not agree or comment on it...but I stop and read it.

+1 Cat ;-)

Wed, 01/05/2011 - 10:14 | 848989 creviceCaress
creviceCaress's picture

yah man, cloned bull sperm has been directly available...even on the web....for over ten years.....cloned beef has been in yer dupermarket freezer for years.  if somebody says that aint true, smile and laugh....thats what i do.  modern day food consumption is a sort of natural selection process in itself, if you wanna feel good about what you eat, eat what yer grandma ate.  the organic label has gone the way of...well, eveyrthing else.  do not trust it.  some nasty ex-monsanta-claus fux have developed neotame(derived from aspartame) goes into yer processed 'orgaic' foods plus livestock feed.....and it donta hafta be-a when you buy that delicious organic cascade farms chicken tenders?  well, is there neotame in it or not?  HA!.......natural selection.  eat that shite if you need it, i guess. 


frankenfood dude.  if yer looking for the nastiest of the nasties, monsanta-claus makes the financial tyrants look like kids play.  yah, money makes the world go round < adm/mons/cargill/others have done/continue to do things with food that is irreparable in it's destruction.  and they're just getting primed.

Tue, 01/04/2011 - 11:16 | 846434 Misean
Misean's picture

You have a source other than Irrational Refuse Online?

Not that I'm not shocked at such hypocracy from our puppet class, just that I won't go to the site to verify.  Neo-clowns give me hives...

Tue, 01/04/2011 - 12:10 | 846583 brian0918
brian0918's picture

Moron: Try clicking on the link for "Barack H. Obama", and you will see it is from, and his quote is from the congressional record on 3/16/2006.

Tue, 01/04/2011 - 12:42 | 846678 Rodent Freikorps
Rodent Freikorps's picture

As punches to the junk go, that was great.

Tue, 01/04/2011 - 12:51 | 846703 no cnbc cretin
no cnbc cretin's picture

Yes, but this one h/t Lucy goes to the National Review site.

Tue, 01/04/2011 - 13:21 | 846831 Bob Sacamano
Bob Sacamano's picture

BHO is a moron as well.  He will say anything at any particular moment to advance his leftist agenda.

Tue, 01/04/2011 - 14:11 | 846992 Dyler Turden II Esq
Dyler Turden II Esq's picture

BHO a leftist?!?


He's the best freaking friend the bank/corporate/capitalist machine ever had. And he's a leftist?!?

Orwell would be proud.

Tue, 01/04/2011 - 14:43 | 847077 UpShotKnotHoleGrable
UpShotKnotHoleGrable's picture

he is one of daddy bush's boys, gb3.   I'll take the imminent frothy-mouthed and shocked! junking as sign of respect.  the information is out there if you take the time, for example, barry's own book.

Tue, 01/04/2011 - 12:27 | 846635 udecker
udecker's picture

How about the Congressional Record (pdf in link)?

Tue, 01/04/2011 - 12:33 | 846652 Richard Weed
Richard Weed's picture

I met Austin Goolsbee on 2 separate occasions.

I found him to be another example of the arrogant and ignorant fools which are currently running the US.

I truly do not know how that man can wake up and look at himself in the mirror each morning, with his gut telling him that he is so incompetent.

There is a village out there missing its 2 idiots... imo the other is Nouriel Roubini.

Tue, 01/04/2011 - 13:27 | 846848 cdskiller
cdskiller's picture

Goolsbee's not incompetent. He's a very competent tool. And if you think Roubini is an idiot, who do you think is smart? Blankfein?

Tue, 01/04/2011 - 12:40 | 846664 DaveyJones
DaveyJones's picture

It's almost as if...he's lying. Now if only that other party would put their debt limit foot down, No? But...they promised too! Are they the same people? No silly, they take ORDERS from the same people. Ahhh

Tue, 01/04/2011 - 11:16 | 846436 shushup
shushup's picture

AMEN Tyler!

Tue, 01/04/2011 - 11:18 | 846437 MonsterZero
MonsterZero's picture

"Americans deserve better"

There is your problem.  Americans don't deserve SHIT.  Americans make and/or take what they deserve.  Stop saying you DESERVE something and go do it your damn self.

Tue, 01/04/2011 - 11:28 | 846465 Cognitive Dissonance
Cognitive Dissonance's picture

You lead and I'll follow.

Tue, 01/04/2011 - 11:51 | 846537 Imminent Crucible
Imminent Crucible's picture

I'm right behind you.

Tue, 01/04/2011 - 12:35 | 846653 Richard Weed
Richard Weed's picture

RU gay...?

Tue, 01/04/2011 - 13:13 | 846795 molecool
molecool's picture

Why - are you looking for new cock?

Tue, 01/04/2011 - 11:36 | 846486 Jerry Maguire
Jerry Maguire's picture

"Deserve's got nothing to do with it."

Line from Clint Eastwood's "The Unforgiven".

Which is what we'll be if we don't start seriously contemplating an across the board debt cancellation, something like Steve Keen suggests.

You can link to Keen's blog from mine:

Tue, 01/04/2011 - 12:40 | 846667 MonsterZero
MonsterZero's picture

Debt cancellation... I think when push comes to shove they're just happen to be a pandemic of some super-flu that'll just happen to wipe out a few billion with nobody really to blame.. but the elite will be safe and reorganize the world into a new more stable structure.

Tue, 01/04/2011 - 13:26 | 846845 cranky-old-geezer
cranky-old-geezer's picture

Debt cancellation?

Never happen.  It will be inflated away.  When 14 trillion dollars = 1 loaf of bread, no more worries about that 14 trillion.

Tue, 01/04/2011 - 12:53 | 846722 AnAnonymous
AnAnonymous's picture

There is your problem. 

And yours is that you take for face value the words of a US politician, when in the US, the key word is duplicity.

Here's a straightforward version of the speech

"The fact that we are here today to debate raising America’s debt limit is a sign of leadership victory. It is a sign that the U.S. Government  doesnt have to pay its own bills. It is a sign that we now can not be cut from ongoing financial assistance from foreign countries to finance our Government’s useless fiscal policies. … Increasing America’s debt strengthens us domestically and internationally. Leadership means that ‘the buck stops there. Accordingly, Washington is shifting the burden of bad choices today onto the backs of non US citizens' children and grandchildren. The world, minus America, has a debt problem,  and a failure of leadership. Americans could not deserve better."


That is the kind of speech you could get if duplicity was not so high in the US with PCness that you can not state simple, obvious facts.


Tue, 01/04/2011 - 13:05 | 846757 SheepDog-One
SheepDog-One's picture

Yea I dont see how americans really 'deserve' anything other that the kick in the nuts theyre presently getting. The avg american is a spoiled brat with a generally non functioning brain driven by some idea that they 'deserve' things and services given to them for free all day. I say its time americans get what they deserve, nothin.

Wed, 01/05/2011 - 05:31 | 848670 sterling effort
sterling effort's picture

Whats with the junks? The ingrained mantra of 'American exceptionalism' is a part of the problem people.

Tue, 01/04/2011 - 11:19 | 846441 pat53
pat53's picture

+ 1000, and yes, the pathetic new GOP appointees, who vowed in their campaigns to cut wasteful spending,  will all end up caving in and going along with raising the debt ceiling, because the alternative will be just too painful to the American people .. LOL disgusting

Tue, 01/04/2011 - 11:49 | 846530 Gordon Freeman
Gordon Freeman's picture

Well, yeah--cuz otherwise there would be a CATASTROPHE!!!!!!!!!!!

Tue, 01/04/2011 - 15:58 | 847317 NumberNone
NumberNone's picture

Where have I heard that before...hmmmm....oh yeah, right before Paulson and his boy wonder CashCarry pulled the number $700 Billion for the banks out of their asses as the amount needed to save the world from CATASTROPHE!!!!!!

Tue, 01/04/2011 - 12:39 | 846666 ATG
ATG's picture

Even if the House repeals N0Care, Reid's Senate may not and 0 surely vetoes repeal without the two thirds in Senate to override

Ditto all the other legislative abominations of the last four years/decades

What a circus while the walls fall down

Tue, 01/04/2011 - 13:32 | 846867 pan-the-ist
pan-the-ist's picture

Reid's Senate WILL not.

The house Republicans are doing what Republicans do best, whine and complain.

Tue, 01/04/2011 - 15:42 | 847266 ColonelCooper
ColonelCooper's picture

"The house Republicans are doing what Republicans do best, whine and complain."

Your comment would be much more credible if it read:

"The house Republicans are currently doing what all politicians do best, whine and complain."

Tue, 01/04/2011 - 16:39 | 847416 pan-the-ist
pan-the-ist's picture

True, though they did make it their mission in life to be obstructionists rather than work together (not compromise-- that's a bad word now that people have learned what it means.)

Tue, 01/04/2011 - 17:19 | 847513 ColonelCooper
ColonelCooper's picture

Come on Dude, your pot is still black, and you got chocolate in my peanut butter.

Wed, 01/05/2011 - 04:09 | 848636 MsCreant
MsCreant's picture

That's not chocolate.

Tue, 01/04/2011 - 11:18 | 846444 orangedrinkandchips
orangedrinkandchips's picture


complete bullshit.

Two words starts to solve the problem:

TERM LIMITS (on every office).

3 and out.

Tue, 01/04/2011 - 12:01 | 846561 Imminent Crucible
Imminent Crucible's picture

No:  One and out.  That way no one ever gets a chance to build the network of K Street connections and good ol' boy logrolling.

Tue, 01/04/2011 - 12:09 | 846581 Mark Medinnus
Mark Medinnus's picture

Better still: a well-placed one-gun salute for each incoming freshman. 

Tue, 01/04/2011 - 13:33 | 846878 pan-the-ist
pan-the-ist's picture

1 and out guaranteesK Street runs the place.  By the time the politicians learn their job they would be leaving.  How long did it take you to learn to do your job?  (Assuming you are employed.)

3 or 4 for Congress Critters, 2 for Senators and the President.

Tue, 01/04/2011 - 12:26 | 846629 mynhair
mynhair's picture

'3 and out'

Is that days or hours?

Tue, 01/04/2011 - 12:27 | 846637 Rodent Freikorps
Rodent Freikorps's picture

Hell, at this point I'd even go with bribes. Of course with these guys, that might mean they are only in for one week.

Tue, 01/04/2011 - 17:15 | 847462 UpShotKnotHoleGrable
UpShotKnotHoleGrable's picture

i 'd go with bribes man. bribe PAC. y not. we could "bribe" them with our PAC, with fast lead, at least we get to get heard. definitely more of us than them.

Tue, 01/04/2011 - 12:48 | 846689 DaveyJones
DaveyJones's picture

It's too far gone. Term limits will not solve the problem. Destroy both political parties. Elect nothing but independents. The minute a political party exists, all effort (and lies) go into furthering the party and nothing else. They then become the willing whores of ever growing criminal corporate masters and both have no further interest than growing and feeding on everything else. Begin massive criminal investigations and jail (for a long time) both corporate and political ringleaders. This is going to happen at some point, the sooner the better. Not that I'm angry 

Tue, 01/04/2011 - 13:14 | 846805 FrankIvy
FrankIvy's picture

This is a house.  Upon inspection, the roofing material is threadbare, holes are forming in the sheathing, water supply has multiple leaks and has frozen beneath the ground, sewage is leaking, basement walls are buckling, interior walls are infested with mold, structure is listing wildly.

Why are we trying to fix it?

Tue, 01/04/2011 - 13:14 | 846806 FrankIvy
FrankIvy's picture

This is a house.  Upon inspection, the roofing material is threadbare, holes are forming in the sheathing, water supply has multiple leaks and has frozen beneath the ground, sewage is leaking, basement walls are buckling, interior walls are infested with mold, structure is listing wildly.

Why are we trying to fix it?

Tue, 01/04/2011 - 13:37 | 846891 thefatasswilly
thefatasswilly's picture

Probably because all the other houses are in even worse shape.

Tue, 01/04/2011 - 12:54 | 846719 t0mmyBerg
t0mmyBerg's picture

You are right.  Term limits would have helped prolong the American Experiment.  Unfortunately the asshats in the SCOTUS have already considered and rejected the easy approach (see,_Inc._v._Thornton from which you can jump to the actual opinion if you care to read it).  The only routes now are the hard ones, like a constitutional amendment.  Good luck with that absent a real crisis.  Oh wait, a real the one on the way?  More likely a muddle through, though you never know.

I think a future academic, during a renaissance when they rediscover the works of the former civilization, will assert that that decision was one of the prime reasons for the fall.

Tue, 01/04/2011 - 16:50 | 847436's picture

TERM LIMITS (on every office).

3 and out.

Try zero. Anarchy rules.

Tue, 01/04/2011 - 11:19 | 846447 shushup
shushup's picture

FYI - In 2006 Obummer Voted NO to the debt ceiling raise. So he should be behind a NO vote now even though it is he who has increased our debt so significantly since taking office.

Tue, 01/04/2011 - 11:19 | 846448 Mark Medinnus
Mark Medinnus's picture

Blah (shelling 12g) Blah (pumping) Blah (BOOM)

Tue, 01/04/2011 - 11:31 | 846472 orangedrinkandchips
orangedrinkandchips's picture

my analogy I use and am going to make a cartoon soon but it's like bernake trying to light the gas grill. He left the cover off (low rates forever) and the rain made it hard to start automatically. He has to light it in the little hole via a match.

He has turned on the gas full blast, it is accumulating in an invisible cloud around the grill (btw...the main course Ben wants to grill?.....yes, THE MIDDLE CLASS). Because it is windy, Benny has to light several matches while Obama and Timmy watch on. Meanwhile, the gas goes on and on....Ben finally gets a match to light and stay lit and by that time he blows the fucking thing to pieces including himself.

Economics, much like it's sister subjects Astronomy and Geology, TAKE TIME. We dont give it time. We want it now like my 3 year old. (the house is burning up but he wants a snack bar NOW!).

Humans are impatient and hedonistic creatures.

That is why we fail.

Tue, 01/04/2011 - 12:05 | 846576 Mark Medinnus
Mark Medinnus's picture

Great image, od&c!  Youtube the cartoon.  Sounds like a must watch to me. 

Tue, 01/04/2011 - 12:55 | 846726 downrodeo
downrodeo's picture

"Economics, much like it's sister subjects Astronomy and Geology..."

ginger-headed mentally ill step sister maybe...

Tue, 01/04/2011 - 11:21 | 846449 Caviar Emptor
Caviar Emptor's picture

Too little, too late. 

People warned about the debt in the 1970s. Then Reagan "who proved deficits don't matter" (-Dick Cheney, 2002) and the Monetarists came along and poured gasoline on the fire. Thye did worse than expand the Federal deficit by the highest % ever: they sold Americans on debt like a pusher does with smack, horse, dope, dragon. 

Tue, 01/04/2011 - 16:52 | 847449's picture

People warned about the debt in the 1970s. Then Reagan "who proved deficits don't matter" (-Dick Cheney, 2002) and the Monetarists came along and poured gasoline on the fire.


Clinton proved that you can take credit for reducing the deficit even as you pile on trillions in unfunded liabilities which accrue off the balance sheet. (-- Crockett Almanac, 2011)

Tue, 01/04/2011 - 11:21 | 846450 pazmaker
pazmaker's picture

I heard this on Hannity yestersday....... just saying.

Tue, 01/04/2011 - 11:31 | 846471 Cognitive Dissonance
Cognitive Dissonance's picture

Hearing that you listen to and watch Hannity says a lot.

Tue, 01/04/2011 - 11:38 | 846483 pazmaker
pazmaker's picture

Judging me because I said I heard it on Hannity says alot as well!


I respect you very much and enjoy your post and I would think that assuming and judging would be beyond a individual of your intelligence.


I never said I watch Hannity.. Your first assumption wrong.  I said I heard it on Hannity as in on the radio.



Tue, 01/04/2011 - 11:56 | 846541 Red Neck Repugnicant
Red Neck Repugnicant's picture

Why on Earth would you listen to such propaganda-driven garbage?

Anyway, speaking of Hannity, did you ever get a chance to see this bit of unreal fucking garbage from him? Here, he and Michele Bachmann, totally misinterpret China's discussions with Geithner about the US dollar as the world's reserve currency. They think that it means the US dollar will be replaced with a new international currency - even for everyday purchases.  She's calls it unconstitutional, and that Obama has no authority to do this.  *LOL*

Is this the sort of stuff you listen to?



Tue, 01/04/2011 - 11:58 | 846559 pazmaker
pazmaker's picture

obviously you listen to it otherwise you wouldn't of posted it!

Not that I owe you or anybody an explanation but I have about a 30 minute drive home in the afternoon and occasionally listen to Hannity or sometimes NPR.  So if your looking to jump to conclusions that that makes me a right winger or a left winger go ahead.

I am neither. I find Hannity to be very Hypocritical  which is typical of Neo-cons and Progressives.... but tell me how do you refute someone unless you know what it is they are saying?


Tue, 01/04/2011 - 12:15 | 846597 Red Neck Repugnicant
Red Neck Repugnicant's picture

That's unacceptable.


To be honest, I was just looking for an excuse to post that clip because, quite frankly, I find it hilarious. 




Tue, 01/04/2011 - 17:41 | 847595 Geoff-UK
Geoff-UK's picture

So you're saying China DOESN'T have to follow the U.S. Consitution?  <heh>


Bash Hannity (fairly) all you want, but CNN, MSNBC, Bloomberg are also cheerleaders for the Overlords.  All you can do is laugh at them while shoveling silver under the loose plank on the basement stairs...


Tue, 01/04/2011 - 18:18 | 847695 Red Neck Repugnicant
Red Neck Repugnicant's picture

while shoveling silver under the loose plank on the basement stairs...

i suspect that most of the gold/silver hoarding fanatics around here just simply roll their house forward, dump the silver, then roll their house back. 

Tue, 01/04/2011 - 19:45 | 847940 ColonelCooper
ColonelCooper's picture

God I wish I had that much.  I only have to jack up the front porch and empty the wheelbarrow.

Tue, 01/04/2011 - 12:29 | 846642 I am a Man I am...
I am a Man I am Forty's picture

pazmaker, just tell them to fuck off

Tue, 01/04/2011 - 13:07 | 846741 DaveyJones
DaveyJones's picture

comment of the week award. Pazmaker's admission that he flips between Hannity and NPR reveals a lot of things but none of it stupidity. He's conceding they both suck, and they do. Anyone want to point out any MSM that is not worthless bullshit?  Anyone want to deny they flip through worthless bullshit on the drive home? On the other hand, when someone suggests (via their avatar or arrogance) that the answer is avoiding one political party or one corporate show host, they're revealing a lot too. Most of it stupidity.   

Tue, 01/04/2011 - 13:47 | 846913 Screwball
Screwball's picture

Anyone want to point out any MSM that is not worthless bullshit?

Sure I will. How about....never mind.

Tue, 01/04/2011 - 15:40 | 847262 Things that go bump
Things that go bump's picture

Fox is fair and balanced.  They told me so themselves.  

Tue, 01/04/2011 - 16:58 | 847467's picture

Fox is fair and balanced.


Perhaps they were referring to an attractive, symmetrical carnivore rather than to their broadcasts.

Tue, 01/04/2011 - 13:13 | 846799 weinerdog43
weinerdog43's picture

Here, I'll do it for you...

I am a man...Fuck Off

Tue, 01/04/2011 - 13:01 | 846750 FrankIvy
FrankIvy's picture

I find my options on the radio to be:

1. Country Music.

2. "Classic" Rock.

3. Right wing schills.

4. Sports talk.

5. More Country Music.

I think I need to invest in some language CDs or something, because I know way more about things like the winter classic, UConn Women's basketball streak, and other such folderol than I should know.

Tue, 01/04/2011 - 13:38 | 846895 hedgeless_horseman
hedgeless_horseman's picture

Try your local college station.  I find it keeps the vital juices flowing.

Tue, 01/04/2011 - 13:46 | 846909 DaveyJones
DaveyJones's picture


Tue, 01/04/2011 - 14:29 | 847044 velobabe
velobabe's picture

pod casts use to be good for me, when i would drive.

Tue, 01/04/2011 - 14:41 | 847076 delacroix
delacroix's picture

you forgot the echo chamber preachers

Tue, 01/04/2011 - 15:50 | 847303 Red Neck Repugnicant
Red Neck Repugnicant's picture


I must tell you that your programed radio stations are IDENTICAL to what I would guess from a good ol' American right-winger.  Are you using a radio with a dial knob, or have you gone digital yet?


Tue, 01/04/2011 - 16:29 | 847390 DaveyJones
DaveyJones's picture

speaking of old technology, I've noticed you often include your own "lol," the cyber form of a sitcom laugh track. "Different Strokes" for different folks I guess.

Tue, 01/04/2011 - 13:40 | 846897 Atomizer
Atomizer's picture

National Progressive Radio (NPR)?? Oh boy, Grandpa Soros must be proud of you.

NPR Announces Plan to Bolster News Coverage of State Government Nationwide

Tue, 01/04/2011 - 13:01 | 846748 Ricky Bobby
Ricky Bobby's picture

The same reason you listen to Keith Olbermann.

Tue, 01/04/2011 - 13:55 | 846936 Atomizer
Tue, 01/04/2011 - 23:22 | 848355 Dave
Dave's picture

I think y'all should get satellite radio and listen

to the blues station. Mellow out some on the

way home.

Tue, 01/04/2011 - 11:23 | 846454 Withdrawn Sanction
Withdrawn Sanction's picture


Those looking to the political sphere for salvation of the __________ (people, government, nation, fill in your own answer), are looking at the wrong end of the horse.  Expecting statesmanship from politicians is like expecting filet mignon from a horse’s butt. 


Tue, 01/04/2011 - 12:01 | 846564 Dr. No
Dr. No's picture

I tell you what, you can take a good look at a butcher's @ss by sticking your head up it, but wouldnt you rather take his word for it?

Tue, 01/04/2011 - 13:00 | 846740 FrankIvy
FrankIvy's picture

Good point.

Tue, 01/04/2011 - 11:24 | 846456 Salinger
Salinger's picture



Private Plane, Public Menace

Wealthy travelers routinely bypass the TSA by flying on private jets. How long until al-Qaeda does the same?

Tue, 01/04/2011 - 12:21 | 846615 In Vino Veritas
In Vino Veritas's picture

The TSA doesn't check the drivers of Ryder trucks.  Should they, given what Timothy McVey managed to do with one?  They don't check train passengers.  Should they, given what the London & Madrid terrorists managed to do?  They don't check car drivers.  Should they, given what so many car bombers have succeeded in doing?

Where do you draw the line?  Is the author's concern about terrorism, or that rich folk are not being as abused as the rest of us?  That he seems to want rich folk to be similarly inconvenienced (rather than easing the abuse of the rest of us) smacks of jealousy - a most dangerous emotion.

I won't elaborate on the constitutional violation, absurdity and uselessness of the current TSA checks.

Tue, 01/04/2011 - 15:52 | 847309 Things that go bump
Things that go bump's picture

Checks on train passengers and bus passengers are in the pipe.  Around Thanksgiving I saw a video of the TSA at a freaking Greyhound Bus station, for crying out loud.  The winos, bag ladies, migrant workers and the rest of the achingly poor passengers were mighty reassured by their presence and happily submitted to  pat-downs and searches of the paper bags containing their luggage, secure in the knowledge that no terrorist would hijack their bus and, and, and - do what, exactly?   

Tue, 01/04/2011 - 11:27 | 846459 Cognitive Dissonance
Cognitive Dissonance's picture

It's only hypocrisy when the other guy (or gal) does it.

Tue, 01/04/2011 - 11:32 | 846477 goldmiddelfinger
goldmiddelfinger's picture

No, its not.

Tue, 01/04/2011 - 12:24 | 846626 ColonelCooper
ColonelCooper's picture

I remember when the collective intellect of this site (trolls too) was high enough that one didn't have to call out "/sarcasm" in order for people to understand even the simplest of jokes.

Tue, 01/04/2011 - 12:36 | 846658 topcallingtroll
topcallingtroll's picture

Yeah i miss all those smart trolls too.

Tue, 01/04/2011 - 12:58 | 846737 FrankIvy
FrankIvy's picture

Are you being serious? /irony.

Tue, 01/04/2011 - 13:02 | 846749 ColonelCooper
ColonelCooper's picture


Tue, 01/04/2011 - 13:53 | 846931 Cognitive Dissonance
Cognitive Dissonance's picture

Ummmm Yes? Errr..... No?

Come on, give me a hint. :>)

Tue, 01/04/2011 - 11:29 | 846461 MilleniumJane
MilleniumJane's picture

Yay, a golfclap for me....the puppetmasters sure wrote him some purdy's all in the delivery.

Tue, 01/04/2011 - 11:28 | 846464 Gaston
Gaston's picture

Anyone buying PM's on this pullback? I'm going to pull the trigger myself but will wait alittle longer to see if we get a deeper correction.... What do you guys think is better? 1 ounce of gold + 1 ounce of platinum or 104 ounces of silver? Silver is more volitile yes, will it outpreform gold, palladium and platnimun this year as well? I'd like to think so, any thoughts?

Tue, 01/04/2011 - 11:38 | 846494 MobBarley
MobBarley's picture

Silver is the better bet provided you'll not need to transport your wealth in your rectum out of country, as might become necessary as per upper management or lack thereof.

Any deeper corrections are mere troughs in the long winding uphill road to the mounts Summit, which at an elevation of 30,000 USD/ounce for silver is surely one of the highest mountains ever thought to even exist and one from which the dizzying height and scarcity of oxygen will prevent most from even attempting save for those government entity types well equipped on the taxpayers burden.





Tue, 01/04/2011 - 12:50 | 846702 umop episdn
umop episdn's picture

I prefer silver, but it's because the central banksters don't have a lot of it, plus it is extremely useful industrially. I also think that when Joe and Jane Fourpack decide to get into PM's, they will see silver as the most affordable option.

Tue, 01/04/2011 - 11:43 | 846515 equity_momo
equity_momo's picture

Youre asking the wrong question my friend. Is 1 ounce of gold better than 1400 FRNs? Or you could ask is 1 ounce of silver better than 30 FRNs?    The answer to both is yes, so go ahead and buy physical. Now, you gotta store it , and storing alot of silver is a royal pain in the ass , so id stick to the rarer stuff.

Ergo , buy gold and platinum.

Tue, 01/04/2011 - 23:30 | 848371 Dave
Dave's picture

Unless you have a ton of silver it's not that

hard to store if you're creative. The key is to

keep your mouth shut. Nobody will take

what they don't know you have.

Tue, 01/04/2011 - 11:30 | 846468 Oh regional Indian
Oh regional Indian's picture

Double speak mindfracking is now the lingua franca in the new world.

The patterns are so damn predictable. Debate, debate, debate, talk show, talk show, two sides, hissing, diatribe, last minute, evil sub sub sub paragraph inclusion, 11th hour deal making, mid-night signing.


21 trillion, here we come.


Tue, 01/04/2011 - 12:33 | 846648 SheepDog-One
SheepDog-One's picture

Yes many bread and circuses are staged, each side assuring their sheeple that theyre fighting tooth and nail, and finally at midnite on a Sunday evening session, whatever the banksters want is passed and signed.

Tue, 01/04/2011 - 11:31 | 846470 Caviar Emptor
Caviar Emptor's picture

Too little too late. Even draconian cuts would only worsen the deficit since the economy is mostly government dependent. 

Tue, 01/04/2011 - 11:33 | 846476 MobBarley
MobBarley's picture

Not to be completely off topic here, but since someone else mentioned Dick Haliburton Cheney , 

now is apparently a good time to fracking move in on the gas deposits under the little people in Penn and NY states:,+snowshoe,+pa&sll=41.024269,-77.860322&sspn=0.01703,0.044675&ie=UTF8&hq=&hnear=Hall+Rd,+Bellefonte,+Centre,+Pennsylvania+16823&ll=41.061845,-77.840289&spn=0.034044,0.08935&t=k&z=14&iwloc=near


Drinking water is not a consideration on the table when so much gas is to be had.

Neither is the integrity of our national forrests (odd, I thought Clinton put those under U.N. charter for habitat protection which banned humans from them. Apparently the U.N. is really 'into' this whole 'natural' gas thing too).



Tue, 01/04/2011 - 23:44 | 848395 Dave
Dave's picture

You are off topic and you don't know shit about

a dendritic frac. Oh and by the way, the little

people you refer to are getting royalties for that


Tue, 01/04/2011 - 11:33 | 846479 Cdad
Cdad's picture

I say to you my ZH brothers, just as I said to you early this morning on the thread pertaining to how the Fraudclosure issue is being "settled," these are all necessary components to kicking us over from recession into depression.  Raising the federal debt ceiling will play an important role in this.

Corrupt banks are protected and held in place, corrupt politicians protect them and their own election bids, and Ben Bernanke covers them all in cash.  Of course, the signal being sent to these entities is entirely contrary to the "solutions" our fearless leaders are proposing.

And so as Average Joe no longer has any money left in the bank [because he is using up all reserves to cover inflation costs created by criminal syndicate Wall Street bankers], and as Tea Party members slowly increase in numbers with the sole purpose of voting "no" to everything, and as Ben Bernanke is finally called to the carpet by none other than Ron Paul, we lurch ever so CERTAINLY towards the event that will finally clean us up...economic depression.

So take heart.  Prepare.  Worry not about today's PM rout.  Listen to the screeches of the criminal syndicate on Wall Street blasting through the Blow Horn [for entertainment purposes only], short what Wall Street is long [because those fair weather friends will flee, to be sure], hedge with longs that are truly cheap [+ PMs], and ignore the call for improper allocation into things the syndicate thinks are Facebook...which I hereby rename NavelBook.

Let us all keep in our heads then as this event enxoriably approaches...

Tue, 01/04/2011 - 11:54 | 846545 Lndmvr
Lndmvr's picture

Agree, it all takes time and time waits for no one. Each puzzle piece will make the picture seen soon. Personal responsibility for each of us.

Tue, 01/04/2011 - 13:35 | 846881 DaveyJones
DaveyJones's picture

lets rename Facebook Asstext

Tue, 01/04/2011 - 14:33 | 847056 velobabe
velobabe's picture

I say to you my ZH brothers & sisters,

Tue, 01/04/2011 - 11:34 | 846482 the not so migh...
the not so mighty maximiza's picture

To bail out all the states the debt ceiling must be raised.   The deficit will all of sudden matter if the debt ceiling is not raised.   

Tue, 01/04/2011 - 11:34 | 846488 TradingJoe
TradingJoe's picture

I have been wondering for a long time now,( I guess since this "crisis" has started, and the looting of course), what level of "tolerance" we Americans might have towards what happens to US and our livelihood? I guess there is still much way to go before ANYFUCKING ONE is doing ANYTHING! So, I agree with my fellow posters above, WE DONT DESERVE SHIT, UNTIL WE WAKE THE FUCK UP! 

Tue, 01/04/2011 - 16:38 | 846925 UpShotKnotHoleGrable
UpShotKnotHoleGrable's picture

what % of the population reads zh or comes even close to putting the effort into getting off the msm rail? things have not gotten bad enough yet.  Not even close.  when I see my latino/korean/white/middle eastern/indian/black neighbors wearing zerohedge gear maybe then something will/is about to happen, but i'll doubt it even then. it's all about deserves, stealing and begging, it'll NEVER be about fighting back to reclaim some abstract notion of self-reliance or law or whatever, fucking ezra klien, I wish I could smack him for stating the obvious, the thing is dead, "just a goddamn piece of paper", irrelevant, ignored and purposely misunderstood due to any lack of effort to understand it and its history, by the majority of the people I encounter everyday.  it's not a lack of understanding, it is a lack of effort.  They could care less; you could hold a bonfire with all the copies of the thing in existence and they just don't care.

Tue, 01/04/2011 - 11:36 | 846490 Seymour Butt
Seymour Butt's picture

I'm so sick of this bullshit. Hypocrites GOP voted to increase the debt ceiling SEVEN times.

In fact, on most of the ten other votes to increase the federal debt limit that the Senate has taken since 1997, the Republicans provided the majority of the votes in favor.

Who are they kidding?  

And there is one other thing that really irritates me: GOP giving the top .01% a tax cut. It just assured that Obama will be re-elected in 2012. 

Way to go. That dumb greedy bitch Mitch McConnell just got owned by the guy in the White House. 

Tue, 01/04/2011 - 12:02 | 846566 Rodent Freikorps
Rodent Freikorps's picture

Some of them have figured out why they had their ass handed to them in 2006 and 2008.

They have one more chance. Let's hope they make the most of it. They will end as a party if they do not.

Tue, 01/04/2011 - 12:22 | 846618 SheepDog-One
SheepDog-One's picture

Its all just a rotating puppet game, none of these politicians actually ever make a decision IF the debt ceiling is not raised, that was decided by the bankers as a good spot to re-enter 'trouble times' so that further threats of martial law and economic collapse can be fear mongered for the final confiscation of all remaining 'wealth' left in america.

Tue, 01/04/2011 - 17:54 | 847628 gloomboomdoom
gloomboomdoom's picture

Are the bankers holding a proverbial gun to the heads of hard working Americans?

Somebody went on record long before some of you... Do not forget... You are not anonymous anymore!

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