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Boehner's Bipartisan Fiscal Cliff Bluff - Live Webcast

Tyler Durden's picture


Lots of reading between the lines and inference we are sure... standard political protocol surely means he will toe the line on TV... or will he?



“We won't solve the problem of our fiscal imbalance overnight, in the midst of a lame duck session of Congress,” Boehner said in prepared remarks. “And we certainly won't solve it by simply raising tax rates or taking a plunge off the fiscal cliff.

“What we can do,” Boehner continued, “is avert the cliff in a manner that serves as a down payment on – and a catalyst for – major solutions, enacted in 2013, that begin to solve the problem.”


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Wed, 11/07/2012 - 16:32 | 2957756 Disenchanted
Disenchanted's picture

Who cares?

Wed, 11/07/2012 - 16:35 | 2957764 LouisDega
LouisDega's picture

Its snowing outside. Who is Boehner?

Wed, 11/07/2012 - 16:42 | 2957799 Supernova Born
Supernova Born's picture

Democrats are the disease, but Republicans have been proven, they are not the cure.

Wed, 11/07/2012 - 16:43 | 2957818 Manthong
Manthong's picture


Boehner.... Bainer?

Seems I heard that name from somewhere before.. maybe a politician or something.

Wed, 11/07/2012 - 16:50 | 2957861 mick68
mick68's picture

At first glance, sounds like he's rolling over but a pro like him would never do that. In reality, he's getting a jump on the "we're the nice guys" rhetoric AND throwing the fiscal cliff into the political arena right away.

Wed, 11/07/2012 - 16:51 | 2957865 fonzannoon
fonzannoon's picture

Listen you guys snap the ball and we will punt it.

Wed, 11/07/2012 - 16:53 | 2957880 Michaelwiseguy
Michaelwiseguy's picture

I think we should drive over the Fiscal Cliff at ramming speed, and let the Bernank pick up the slack to make peoples debt payments on time.

Wed, 11/07/2012 - 17:51 | 2958213 economics9698
economics9698's picture

Obama is expected to reappoint Bernanke. This translates into Obama spending and Bernanke printing the USA into oblivion. Bernanke has shown his wiliness to print whenever banks need a bailout or the federal government needs funds. In 2011 11.1% of the GDP was Federal Reserve held federal debt.

Under Bernanke the Federal Reserve has created QE I, QE II, Operation Twist, QE III to infinity. No reason to think the monetary expansion will stop with Obama’s re-election.

For the immediate future there will be a financial cliff.

Not the financial cliff reported in the press where the Republicans and Democrats need to come to a budget agreement, this is immaterial. It does not matter. It’s a dog and pony show for the public. It’s politics. It’s a waste of time to focus on.

The financial cliff is the debt that we have accumulated both public and private that we cannot pay back. The total public and private debt that is 350% of the GDP. This debt will be impossible to pay back. The federal debt that is 104.8% of the GDP in 2012. The unfunded liabilities that top $100 trillion. These numbers are unsustainable and they were created by American consumers, Republicans, and Democrats.

That is the fiscal cliff.

The economy is most likely in recession and the BLS will continue to downward adjust its GDP numbers.

Consider early 2001. A U.S. recession had already started months earlier, but first-quarter GDP growth was initially reported at 1.2%. Based on final revision, that same quarter’s GDP growth is now reported at -1.3%. Likewise, by early 2008, the U.S. was also already in recession, but first-quarter GDP growth was initially reported at 1% growth. That figure was only later revised to -1.8%.”

The bond buying from China ended in July 2011. Japan has slowed down its purchases of bonds as it has transitioned from an exporting nation to an importing nation. Now there are signs that the panicked Europeans have quit buying US bonds. The train is running out of track. The buyers for US bonds is drying up, it’s only a matter of time before the rest of the public realizes the US cannot pay back its debt.

That is the financial cliff.

Wed, 11/07/2012 - 18:04 | 2958264 walküre
walküre's picture

CNN is preparing the banner CRISIS - USA HEADING TOWARD FISCAL CLIFF as we speak.

There will be weeks and months of coverage on this which will only stop during Thanksgiving and Christmas if we're lucky. It is just another crisis that shall not go to waste in every sense of the word.

The "crisis" will be filling airtime, columns and debates in bars and around family tables.


and of course


followed by


and naturally


expand on it as you like

In the end there will be downgrades, some extensions, some backdoor deals, some meetings involving the IMF and when it's all settled and done we will have the SOLUTION much like we were presented with solutions from Europe earlier.

oh, and there will be rumors lots of rumors around as well

the end

Wed, 11/07/2012 - 19:05 | 2958541 grunk
Wed, 11/07/2012 - 19:00 | 2958526 Treeplanter
Treeplanter's picture

Speaker Bonehead always caves and he always loses the media narrative The Boy Wonder loves him.

Wed, 11/07/2012 - 16:50 | 2957862 Dolar in a vortex
Dolar in a vortex's picture

Given his priapism for stupidity, it's pronounced boner.

He needs to be voted out as speaker. If the pubbies are serious about change, they'll go after him. If not, he stays.

Wed, 11/07/2012 - 16:51 | 2957864 Buckaroo Banzai
Buckaroo Banzai's picture

Article 1, Section 7. All bills for raising Revenue shall originate in the House of Representatives...


Wed, 11/07/2012 - 17:20 | 2958041 Everybodys All ...
Everybodys All American's picture

That has hardly been the case lately. No budgets. Sequestrations and continuing resolutions have bastardized the whole process. We are going down the wrong path at break neck speed.

Wed, 11/07/2012 - 18:02 | 2958261 Catullus
Catullus's picture

The tax cuts were temporary. They're expiring. They weren't renewed by republicans who had control of congress and white house from 2000-2006.

Wed, 11/07/2012 - 17:13 | 2958000 Praetorian Guard
Praetorian Guard's picture

Hahaha you said boner... hahaha... yea... cornholio...

Wed, 11/07/2012 - 18:07 | 2958281 LouisDega
LouisDega's picture

Heh hee hehehe   Better than Weiner.. hehhehe


Wed, 11/07/2012 - 17:24 | 2958075 HurricaneSeason
HurricaneSeason's picture

I think he owns a solar panel company in Ohio or something.

Wed, 11/07/2012 - 16:52 | 2957867 Bunga Bunga
Bunga Bunga's picture

"Government is not the solution, it is the problem" ... at least some republicans figured it out, but did the opposite in their 20 years since 1980.

Wed, 11/07/2012 - 17:29 | 2958108 RichardP
RichardP's picture

If you are quoting Ronald Reagan, he did not make a global statement.  He limited himself by saying, In this present crisis, government is not the solution ...

There are times when government is not the solution.  But there are times when government is the solutionTo say otherwise is to ignore reality.

Wed, 11/07/2012 - 17:35 | 2958139 akak
akak's picture

Government is a disease masquerading as its own cure.

Wed, 11/07/2012 - 17:09 | 2957980 Long-John-Silver
Long-John-Silver's picture

Republicans have been proven, they are not the cure.


They are a Placebo.

Wed, 11/07/2012 - 20:01 | 2958718 jamezelle
jamezelle's picture

Govt is the disease.

Wed, 11/07/2012 - 18:07 | 2958276 LMAOLORI
LMAOLORI's picture



Boehner is another Judas Christie

Boehner Extends Olive Branch on 'Fiscal Cliff'

Wed, 11/07/2012 - 16:38 | 2957791 Gully Foyle
Gully Foyle's picture

Beavis: You know, he seems like a great guy.
Butt-head: Yeah. He's the kind of guy you would call up and say, 'Hey, you're a great guy. Why don't you come on over and stay a while?'
Beavis: Yeah. Except he kind of looks like the ass-end of a dolphin.
Butt-head: Uh, yeah he kind of does.

Wed, 11/07/2012 - 16:46 | 2957838 Piranhanoia
Piranhanoia's picture

Beavis:   What is his name?

Butthead:  Boner

he he    hehehe   hehahahehahaehahehahehheahehhheaa

Wed, 11/07/2012 - 16:53 | 2957881 Rathmullan
Rathmullan's picture

He won't. The republicans had 4 years to figure out that their own operatives were essentially working to get obama re-elected. And then they they run billy dudley's buddy's buddy as their candidate.

There are some things more important in this country than politics and that's the health of the big banks.... whom we're all bitchez to.

Wed, 11/07/2012 - 18:23 | 2958352 LMAOLORI
LMAOLORI's picture



That ought to be good got popcorn?

Treasury Pick Is Obama’s Pivotal Choice for New Term


One of the top potential candidates for the Treasury job is White House Chief of Staff Jack Lew, the officials said.

A onetime aide to former U.S. House Speaker Tip O’Neill, Lew served as OMB director for Obama and former President Bill Clinton. He would bring a deep understanding of the tax and spending issues that could be at the center of the administration’s negotiations with Congress in a second term. He also has relationships with key congressional leaders and Obama’s trust, according to the officials.

Treasury Contender

Another possible contender is Erskine Bowles, who served as Clinton’s chief of staff and was co-chairman of a bipartisan panel formed by Obama that drafted a plan to cut the deficit, the officials said.

“Erskine has plenty of experience, not only in government but in business,” said John Mack, the former chief executive officer at Morgan Stanley. (MS) “The next Treasury secretary has to have experience in the global economy.” in full


Jack Lew Former Hedge Fund Exec. at Citigroup, Made Money Off Mortgage Defaults


From 2006-2008, Jack Lew was chief operating officer of Citibank's alternative investments division. And it was his division that made billions of dollars betting "U.S. homeowners would not be able to make their mortgage payments," as the Huffington Post reported. 

The piece also reported: “Lew made millions at Citi, including a bonus of nearly $950,000 in 2009 just a few months after the bank received billions of dollars in a taxpayer rescue, according to disclosure forms filed with the federal government. ”

Taxpayers still owed more than $200 billion from bailouts




Wed, 11/07/2012 - 18:43 | 2958471 Nobody For President
Nobody For President's picture

Jame ie



Oh wait, he screwed up, didn't he?

Wed, 11/07/2012 - 17:00 | 2957928 Chupacabra-322
Chupacabra-322's picture

This Bone head needs for a bunch of dudes to Bukakke in his face.

Wed, 11/07/2012 - 16:33 | 2957760 PLira
PLira's picture

He'll roll over like a pet goat in a mosque.

Wed, 11/07/2012 - 16:55 | 2957891 Sancho Ponzi
Sancho Ponzi's picture




Main Entry: Boehner

Part of Speech: noun

Definition: pansy

Synonyms: baby*, caitiff, chicken heart, chicken liver, chicken*, coward, cry-baby, fraidy-cat, jellyfish, lily liver, milksop, momma's boy, namby-pamby, pantywaist, quitter, scaredy cat, sissy, weakling, wimp, wuss, wussy, yellow, yellow belly


Wed, 11/07/2012 - 16:34 | 2957761 knotjammin2
knotjammin2's picture

This guy is a drunkin POS!!!  STFU!!

Wed, 11/07/2012 - 16:54 | 2957892 Joe Davola
Joe Davola's picture

Hey now, ater the way today has gone - I plan on being drunkin in a few hours myself

Wed, 11/07/2012 - 16:36 | 2957773 bagehot99
bagehot99's picture

Boner, dude.

Wed, 11/07/2012 - 16:37 | 2957780 buzzsaw99
buzzsaw99's picture

boehner. egad.

Wed, 11/07/2012 - 16:37 | 2957781 Motorhead
Motorhead's picture

What a big cry baby he is...and a total putz.  He'll be golfing with Obama somewhere by week's end.

Wed, 11/07/2012 - 16:37 | 2957785 Cognitive Dissonance
Cognitive Dissonance's picture

The pot is calling the kettle black.

<Is that racist?>

Wed, 11/07/2012 - 16:42 | 2957815 Gully Foyle
Gully Foyle's picture

Ricky: Hotel Security! This man's drunk as fuck, he's on drugs, he's a male prostitute. I'm gonna escort him out of here!
Ricky: [Narrating] I may have called him a male prostitute. I don't remember exactly, but very well he could be a male prostitute. You don't know that. But he got pissed off at me, saying 'Oh, you kidnapped me!' It wasn't kidnapping, so if he's gonna say I kidnapped him, I'm gonna call him a male prostitute.

Wed, 11/07/2012 - 16:49 | 2957851 brewing
brewing's picture

no, but you can freely smoke it in colorado now...

Wed, 11/07/2012 - 16:54 | 2957890 Matt
Matt's picture

failbook investment advice:

Pot legal in Colorado and Washington State, invest in PepsiCo!

KFC, Taco Bell, Aunt Jemima, Doritos, Mountain Dew, etc.

Wed, 11/07/2012 - 16:59 | 2957923 Joe Davola
Joe Davola's picture

Gotta figure landing fees at DIA gonna go up considerably - those ganja-touristas gonna be flying in from all parts.

Wed, 11/07/2012 - 16:55 | 2957894 Cognitive Dissonance
Cognitive Dissonance's picture


Don't fire up that joint quite yet. The "vote" needs to be certified (within 30 days) before you can share the wealth with one another.

Wed, 11/07/2012 - 16:58 | 2957909 stormsailor
stormsailor's picture

yeah, but wouldn't it be fun to sit on the steps of the police station and fire up some fine hydro with some friends.


and no hassle.

Wed, 11/07/2012 - 17:00 | 2957925 brewing
brewing's picture

i live in nebraska so i'll be crossing the border twice - for a bag of weed and then taco bell...

Wed, 11/07/2012 - 17:05 | 2957949 Joe Davola
Joe Davola's picture

Gotta love how Washington state got their 25% VAT as part of their referendum.  Gonna be interesting how the oft used cry of "legalize and tax it" works out:  But Mr. Tax Collector Dude, I like totally forgot to send in the check.

Wed, 11/07/2012 - 16:38 | 2957787 DollarDive
DollarDive's picture

Take it from the rich.......  Po aint got no mo !

Wed, 11/07/2012 - 16:39 | 2957792 JoeStocks
JoeStocks's picture

He should start crying soon....

Wed, 11/07/2012 - 16:39 | 2957794 Imminent Collapse
Imminent Collapse's picture

Orange faced baboon.

Wed, 11/07/2012 - 16:39 | 2957795 DollarDive
DollarDive's picture

This guy is a Dick

Wed, 11/07/2012 - 16:40 | 2957801 Misean
Misean's picture

Fiscal cliff...yeah like, it was all good right up to this point...

Another theater of the absurd. With $222T in unfunded mandates NOTHING these idiots do will make one DAMNED bit of difference.

Wed, 11/07/2012 - 16:50 | 2957859 odatruf
odatruf's picture

Forget the mandates or unfunded future liabilities. The borrowed cash that has already gone out the door already stands at $16 + trillion and will grow by another trillion per year unless we let the sequester and various expirations self execute. We will still be adding about $500 billion per year to the tally after all that, but at least that would be change I believe in.

Funny that the best hope we have is that gridlock holds....


Wed, 11/07/2012 - 16:43 | 2957802 knukles
knukles's picture

Oh come on, he's gotta say sumptin'. Everybody's got a line in the Kabuki theater.

Wed, 11/07/2012 - 16:58 | 2957918 Yen Cross
Yen Cross's picture

Everybody is in line at the "Bukkake Theatre"...  There ,fixed it for ya. ;-)

Wed, 11/07/2012 - 16:40 | 2957805 DollarDive
DollarDive's picture

Ironic - Greek Riots on Channel 1 and Boner on Channel 2

Wed, 11/07/2012 - 18:58 | 2958521 Nobody For President
Nobody For President's picture

Jersey Shore on Channel 3

Porn on Channel 4 thru 69

Wed, 11/07/2012 - 16:40 | 2957807 The Duke of New...
The Duke of New York A No.1's picture

Was Bonner crying like a little school girl?.

Wed, 11/07/2012 - 16:41 | 2957810 shutdown
shutdown's picture

How did this math wizard get elected?

Wed, 11/07/2012 - 16:43 | 2957823 JPM Hater001
JPM Hater001's picture

I know this one: Public Education

Wed, 11/07/2012 - 16:43 | 2957811 tickhound
tickhound's picture

An solution that will... "pave the way for long term growth if we want to lift the cloud of debt that's hanging over our country"

- And that is why you fail.

Wed, 11/07/2012 - 16:44 | 2957825 DollarDive
DollarDive's picture

"cloud of debt"...... more like "Freaking Mountain of Debt"

Wed, 11/07/2012 - 16:42 | 2957816 PUD
PUD's picture

He is psychotic. Bat shit insane.

Wed, 11/07/2012 - 17:15 | 2958016 rhinoblitzing
rhinoblitzing's picture

If that's true - Then he can apply for disability payments

Wed, 11/07/2012 - 16:43 | 2957817 RiotActing
RiotActing's picture

Hey there is a big boner on my TV! Fuck this guy....

Wed, 11/07/2012 - 16:43 | 2957821 fonzannoon
fonzannoon's picture

Boehner playing the role of beaten puppy.

Wed, 11/07/2012 - 17:15 | 2958008 12ToothAssassin
12ToothAssassin's picture

Type cast

Wed, 11/07/2012 - 16:43 | 2957822 The Gooch
The Gooch's picture

I just got released from the hospital for alcohol poisoning.

Did we win?

Wed, 11/07/2012 - 16:52 | 2957868 Matt
Matt's picture



I don't know what team you are on, but the answer is still no.

Wed, 11/07/2012 - 19:00 | 2958525 Nobody For President
Nobody For President's picture

Sorry, potheads won. 

Time to switch drugs.

Wed, 11/07/2012 - 16:44 | 2957828 FischerBlack
FischerBlack's picture

Why didn't he cry? Or was he just crying on the inside?

Wed, 11/07/2012 - 16:44 | 2957829 Lore
Lore's picture



"He will toe the line..."

I thought the correct expression was "TOW the line," nautical jargon for an obligation to pull one end of a rope with something attached at the other end, but it's open to debate:

Wed, 11/07/2012 - 16:48 | 2957846 Rathmullan
Rathmullan's picture

"Toe" as in "kicking the can down the line in the road with his "toe".

Wed, 11/07/2012 - 16:50 | 2957857 buzzsaw99
buzzsaw99's picture

but it's open to debate

no, it isn't.

Wed, 11/07/2012 - 17:27 | 2958098 Liquid Courage
Liquid Courage's picture

Egad! Is there anything more useless or less embarassing than a Grammar NAZI who gets it wrong? It's enough to make you weep. Here's the very first line at the posted link:

"There is some confusion between 'toe the line' and the frequently seen misspelling 'tow the line'. The 'tow' version is no doubt encouraged by the fact that ropes or cables on ships are often called lines and that 'tow lines' are commonplace nautical items."

Note the use of the term 'misspelling' in connection with the 'tow the line' version. A tow line is used to tow something else - like a barge or another ship - there's no purpose served by 'towing a line' so, if there were such an expression, it would denote 'ineffectually going through the motions' or a 'useless gesture'. Bit ironic, eh wot?

Thu, 11/08/2012 - 22:45 | 2963117 Lore
Lore's picture



"Egad?"  Who says "egad?!" 

"It's enough to make you weep..."

Aww. Don't cry. 

The nautical metaphor seems appropriate metaphorically.  For example: "Bernanke tows the Keynesian line" might be compared to tugboats hauling the Titanic. 

Your Nazi reference seems extreme, but some people are prone to hyperbole. It's a forgivable weakness.

Wed, 11/07/2012 - 16:46 | 2957834 slaughterer
slaughterer's picture

No specifics.  Slurred words.  Orange face. Eyeliner.  Humorless joke about golf.   Sociopathy showing through it all  

Wed, 11/07/2012 - 16:47 | 2957841 SeverinSlade
SeverinSlade's picture

Awww boner says Democrats and Republicans will play nice this time.  He promises.

Wed, 11/07/2012 - 16:57 | 2957906 Buzz Fuzzel
Buzz Fuzzel's picture

Those of us who cherish Liberty have been too nice for too long.  No debt limit increase.  Shut the government down.  What we need now is a constitutional crisis.


Wed, 11/07/2012 - 18:08 | 2958284 vic and blood
vic and blood's picture

Now you're talkin'! They don't have the balls.

Wed, 11/07/2012 - 16:48 | 2957843 DollarDive
DollarDive's picture

I smell an ES ramp into the close

Wed, 11/07/2012 - 16:53 | 2957882 ghostfaceinvestah
ghostfaceinvestah's picture

the Fed's buying programs will ensure it stays above 1400 today.

Wed, 11/07/2012 - 19:03 | 2958537 Nobody For President
Nobody For President's picture

Epic fail - was fun to watch, I could hardly believe it, because I figured your assessment was correct, but it went belly up and rolled over to the 1390's with 3 or 4 minutes to go. 

Fuck you PPT!

Wed, 11/07/2012 - 16:48 | 2957847 Thisson
Thisson's picture

Yeah, our 2% GDP growth (in a good year) is gonna solve our (8%?) debt growth problem....sounds like a plan.... NOT.

Wed, 11/07/2012 - 16:52 | 2957871 surf0766
surf0766's picture

.TON ....uald a ekil spunos....melqord htworg tqep )?%8( rno evlos auuog si )raey poog a ui( htworg PDG %2 rno 'haeY



There. Now you see how they fix things.

Wed, 11/07/2012 - 16:49 | 2957852 surf0766
surf0766's picture

entitlement reductions............ hahhhhhhhhhhhhhh yea right. I got me an obama phone. I need a obama car, and Obama umbrella, and Obama beer cool. So many entitlements.

Wed, 11/07/2012 - 16:54 | 2957886 LawsofPhysics
LawsofPhysics's picture

"So many entitlements." - Yes, corporations call them subsidies.  Perhaps another unfunded war is what we need...

Wed, 11/07/2012 - 16:58 | 2957912 surf0766
surf0766's picture

You forgot false flag


Wed, 11/07/2012 - 17:43 | 2958181 viahj
viahj's picture

i don't think that they will even need those anymore. they'll just start bombing people wherever, whenever they want. 

Wed, 11/07/2012 - 16:52 | 2957872 Muppet
Muppet's picture

Seen big talk by Boehner before:  he will cave.   My prediction: the POTUS and MSM will start chanting "the deficit  is improving" ... just like them saying "Housing is improving".... just like "jobs are improving".

Its not the truth thats important.... it whats people believe.  

Wed, 11/07/2012 - 16:53 | 2957883 surf0766
surf0766's picture

It is what the communist press tells them.

Wed, 11/07/2012 - 16:52 | 2957873 stormsailor
stormsailor's picture

i'm sure he addressed the problem,  he has every one of our addresses

Wed, 11/07/2012 - 16:52 | 2957875 Buzz Fuzzel
Buzz Fuzzel's picture

We have compromised our selves into this mess.  It is time to end compromise and stand up for Liberty.  If Boehner won't do it in Congress the people will likely do it in the streets.  I hope he gets that message.  Time is running out.

Wed, 11/07/2012 - 16:52 | 2957876 azzhatter
azzhatter's picture

I hope this fucker gets sodomized by an elephant one day. Fuck You Boner

Wed, 11/07/2012 - 17:28 | 2958103 rustymason
rustymason's picture

Most people would curse him, but you wish for him to get what he wants and deserves. That's very kind. Bless you, Sir.

Wed, 11/07/2012 - 16:53 | 2957879 buzzsaw99
buzzsaw99's picture

a down payment. HOW FUNNY!

Wed, 11/07/2012 - 16:55 | 2957893 Supernova Born
Supernova Born's picture

Buy some PMs, order Idiocracy and drive on.

Wed, 11/07/2012 - 16:56 | 2957898 Yen Cross
Yen Cross's picture

 Is Boehner part of Barney Franks genetic line?  It seems "whisps" are in vogue for Congressional Representatives.

   The House of reps. is going to cave in. They will "massage" the fiscal cliff to the bitter end, and then justify the end, to meet the means.

Wed, 11/07/2012 - 17:02 | 2957938 surf0766
surf0766's picture

karl a great return from beyond. So many of your peeps have been waiting

Wed, 11/07/2012 - 17:09 | 2957977 roadhazard
roadhazard's picture

Or they could just take a vote to kill Obama Care every day for the next four years knowing they don't have a chance and not have to do anything. Business as usual. 



Wed, 11/07/2012 - 17:27 | 2958069 Yen Cross
Yen Cross's picture

 I don't think the train has 4 years worth of tracks left.  If they print for 4 more years, the peeps starve. If they raise taxes the peeps starve.

Tyler was right when he discussed the differences between ,"situational and problematic" scenarios and reactions.

The proverbial can is reaching the end of the road, sooner (rather) than later.

Wed, 11/07/2012 - 17:24 | 2958078 Flakmeister
Flakmeister's picture

Technically speaking, it would be two years.... I don't think they would fare very well in the midterms with that strategy....

Wed, 11/07/2012 - 16:59 | 2957902 DollarDive
DollarDive's picture

Wait .........


tomorrrows unemployment numbers will save the day... or perhaps China's CPI or PPI

surely there will be good news ? 

won't that erase $16T in debt ? 

When the Austerity starts it will be a circus.  Just imagine  how the market will react when they show NYC firefighters, teachers and police protesting cuts to pensions - salary reductions - workday hour extensions.  What a comedy.  

Surely Mr. Market will find the good in all that.... LOL.

I think we should cut all politican's salary by 1/3.  Let's start there.



Wed, 11/07/2012 - 17:03 | 2957945 roadhazard
roadhazard's picture

What country is Boehner from and does he have a birth certificate. He's blacker than Obama.

Wed, 11/07/2012 - 18:01 | 2958257 SillySalesmanQu...
SillySalesmanQuestion's picture

TanMan is from Cincinnati, where pigs fly and unicorns shit skittles. He and Obama were brothers separated at birth by the orphanage in Kenya.

Wed, 11/07/2012 - 17:42 | 2957979 Muppet
Muppet's picture

Mark my words: the "fiscal cliff" has been fueled solely by challengers of the POTUS.  The challengers have been trounched and their money has dried up.   The "fiscal cliff" issue no longer has fuel.   The POTUS can simply say the "deficit is improving" and then sit back while the issue descends in importance... making it appear like he has led some improvement.  The fiscal cliff has been purely media supported.  With no money to support it, it will end.  The POTUS will simply say "the deficit is getting better" just like "jobs are getting better" just like "housing is getting better".   Perception leads reality.

Today's Boehner speech was one of the last voices you'll hear in the MSM about the fiscal cliff.   The issue has begun to die.   The Boehner speech made me think of the excellent movie "We were soliders".   I can hear Sam Elliott ....  "Boehner is a pussy Sir". 

Wed, 11/07/2012 - 17:11 | 2957981 SilverFish
SilverFish's picture

Horse walks into a bar, bartender says "What can I getcha, brother?" Horse points to the guy sitting at the bar with makeup on his face and says "Gimmie one of what he's having", bartender says "You dont want what he's having..... thats Boehner, he drinks fucked up shit, man." Horse says "Ok fine, just give me Horsedrink."

Wed, 11/07/2012 - 17:09 | 2957984 FROZENOJFUTURES


Wed, 11/07/2012 - 17:10 | 2957985 Flakmeister
Flakmeister's picture

Based on what Boehner said, Grover Norquist will be pissed....

Let's see what happens when GN's bluff is called...

Wed, 11/07/2012 - 17:10 | 2957986 Benjamin Glutton
Benjamin Glutton's picture

Jack Welch has an orange Boehner,imo.

Wed, 11/07/2012 - 17:18 | 2958030 Tenshin Headache
Tenshin Headache's picture

Well, look who slithered out of a wagon rut. Wondered where he had been.

Wed, 11/07/2012 - 17:24 | 2958080 rustymason
rustymason's picture

Watch out, Amici!  Bailout Boner and his banksters buddies are creeping up from behind with another large jar of vaseline ...

Wed, 11/07/2012 - 17:31 | 2958122 buzzsaw99
buzzsaw99's picture

they brought vaseline this time? thank god!

Wed, 11/07/2012 - 17:36 | 2958150 Yen Cross
Yen Cross's picture

  Frau. Merkel calls it ' Veener Schlider'...

Wed, 11/07/2012 - 17:31 | 2958119 Lendo
Lendo's picture

Boner is such a dick.  Perhaps if he starts crying again people might listen to him.

Wed, 11/07/2012 - 17:33 | 2958130 Cole Younger
Cole Younger's picture

Republicans will be cowering in the corner...

Wed, 11/07/2012 - 17:36 | 2958145 rustymason
rustymason's picture

You cannot purchase freedom at the ballot box.

Wed, 11/07/2012 - 17:37 | 2958160 Tombstone
Tombstone's picture

I suggest that Obummer and Baynut pack the bus full of congressmen and drive it right over the cliff.  Will anyone miss them?

Wed, 11/07/2012 - 17:38 | 2958162 Catullus
Catullus's picture

Fucked by the loser party again!

Why are the Bush tax cuts expiring? Because these fucking loser republicans didn't make them permanent when they had control of congress and the presidency for 5 years! This was the gamble all along. Their bluff was called years ago. And when the risk of cut on the increase in defense department spending comes up, they cave and agree to raise taxes. In the "down payment" for other reforms.

Fucking losers.

If you vote republican, youre a fucking loser. You are gullible as shit and deserve to be destitute and begging for a hand out. And worse, 40 years ago, the current republican platform would be considered pinko.

Wed, 11/07/2012 - 17:58 | 2958243 Sarge
Sarge's picture

I am inviting you all to a Tea Party in 2014....the country needs a new direction.

Wed, 11/07/2012 - 18:05 | 2958271 TuesdayBen
TuesdayBen's picture

Ever notice that CNBC's Erin Burnett looks like spawn of Boehner?!

Wed, 11/07/2012 - 18:20 | 2958357 Flakmeister
Flakmeister's picture

Based on the commentary, I thought this would be a fit

Wed, 11/07/2012 - 18:25 | 2958385 Mad Mohel
Mad Mohel's picture

Cry motherfucker cry! If only tears were pennies, this son of a bitch could save us singlehandedly.

Wed, 11/07/2012 - 18:40 | 2958442 grunk
grunk's picture

Fiscal Rebels Without A Cause.


Wed, 11/07/2012 - 20:08 | 2958734 bjfish
bjfish's picture

I say lets jump in the barrel and go off the fiscal cliff NOW.  The sheeple voted to continue hurtling toward our financial ruin, so it is time to let it play out!


LET ALL THE BUSH TAX-CUTS EXPIRE as the law currently stands and let the payroll tax-cuts expire. The ppl voted for the raise-our-taxes guy - then give it to 'em and let 'em see where it hurts ($75B from rich and $325B from middle class per yr. as per CBO (and 2% payroll tax)).  All that it would take is to do nothing.


The CBO's baseline budget already assumes the expiration of all Bush tax-cuts at yr-end 2012, and still shows $1 Trillion + deficits as far as the eye can see.  We are so Greeced.

Wed, 11/07/2012 - 20:20 | 2958762 barroter
barroter's picture

Boehner: "Let's push this fiscal cliff off for a year."  I guess the markets won't react badly to that one.

Wed, 11/07/2012 - 21:32 | 2958941 vulcanraven
vulcanraven's picture

"In the opinon of the chair, the ayes have it. You sir are indeed, a shitheel."

Thu, 11/08/2012 - 05:35 | 2959706 newworldorder
newworldorder's picture

The gameplan for the near future has been developed, which the politcal elite will endorse.

The US Government will need between 1 to 1.5 trillion above tax collections annually to fund its operations, - including debt interest payments and SS, Medicare and paymente to non working long term disadvantaged citizens.

Bernanke has proved willing to fund these needs through $$$ printing and other methods.

As long as the rest of the world goes along with this scenario, the game continues. There really is no other way. Its bread and circuses or mad max governance.

Thu, 11/08/2012 - 06:08 | 2959725 slackrabbit
slackrabbit's picture

Translation: "We haven't finished emptyinh our bank accounts. We should be done by the end of our Christmass  holidays; then we'll let it crash"

Thu, 11/08/2012 - 07:05 | 2959751 Peter Pan
Peter Pan's picture

So what happens when the thieves on Wall street and in government have stripped the citizens of the usa bare?

Thu, 11/08/2012 - 08:17 | 2959813 DonGenaro
DonGenaro's picture

I'd rather inspect the contents of my septic tank than listen to these deranged psychopaths.

It'd be more pleasant and more educational.

Thu, 12/20/2012 - 14:52 | 3083558 SmoothCoolSmoke
SmoothCoolSmoke's picture

SP +5.  Buck Foner, "Scoreboard!"

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