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Boehner's Bipartisan Fiscal Cliff Bluff - Live Webcast
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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Who cares?
Its snowing outside. Who is Boehner?
Democrats are the disease, but Republicans have been proven, they are not the cure.
Hmm..
Boehner.... Bainer?
Seems I heard that name from somewhere before.. maybe a politician or something.
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.
Listen you guys snap the ball and we will punt it.
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.
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.
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.
THREAT OF FISCAL CLIFF is the new TERRORISM THREAT
and of course
FIGHT FISCAL CLIFF
followed by
HIGHTENED LEVELS OF FISCAL CLIFF
and naturally
FISCAL PATRIOT ACT
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
Women can smell a wimp
http://extragoodshit.phlap.net/index.php/women-can-smell-a-wimp/
Speaker Bonehead always caves and he always loses the media narrative The Boy Wonder loves him.
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.
Article 1, Section 7. All bills for raising Revenue shall originate in the House of Representatives...
STARVE THE BEAST
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.
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.
Hahaha you said boner... hahaha... yea... cornholio...
Heh hee hehehe Better than Weiner.. hehhehe
images
I think he owns a solar panel company in Ohio or something.
"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.
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 ...
http://en.wikiquote.org/wiki/Ronald_Reagan
There are times when government is not the solution. But there are times when government is the solution. To say otherwise is to ignore reality.
Government is a disease masquerading as its own cure.
Republicans have been proven, they are not the cure.
They are a Placebo.
Govt is the disease.
Boehner is another Judas Christie
Boehner Extends Olive Branch on 'Fiscal Cliff'
http://www.cnbc.com/id/49731550
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.
Beavis: What is his name?
Butthead: Boner
he he hehehe hehahahehahaehahehahehheahehhheaa
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.
That ought to be good got popcorn?
Treasury Pick Is Obama’s Pivotal Choice for New Termsnip
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 ContenderAnother 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
http://www.bloomberg.com/news/2012-11-07/treasury-pick-is-obama-s-pivotal-decision-at-start-of-term-two.html
Jack Lew Former Hedge Fund Exec. at Citigroup, Made Money Off Mortgage Defaultssnip
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 bailoutshttp://money.cnn.com/2012/09/11/news/companies/taxpayer-bailouts/index.html
Jame ie
JAME ie
JAME EEEEEEEEEEEEEEEEE
Oh wait, he screwed up, didn't he?
This Bone head needs for a bunch of dudes to Bukakke in his face.
He'll roll over like a pet goat in a mosque.
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
This guy is a drunkin POS!!! STFU!!
Hey now, ater the way today has gone - I plan on being drunkin in a few hours myself
Boner, dude.
boehner. egad.
What a big cry baby he is...and a total putz. He'll be golfing with Obama somewhere by week's end.
The pot is calling the kettle black.
<Is that racist?>
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.
no, but you can freely smoke it in colorado now...
failbook investment advice:
Pot legal in Colorado and Washington State, invest in PepsiCo!
KFC, Taco Bell, Aunt Jemima, Doritos, Mountain Dew, etc.
Gotta figure landing fees at DIA gonna go up considerably - those ganja-touristas gonna be flying in from all parts.
LOL
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.
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.
i live in nebraska so i'll be crossing the border twice - for a bag of weed and then taco bell...
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.
Take it from the rich....... Po aint got no mo !
He should start crying soon....
Orange faced baboon.
This guy is a Dick
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.
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....
Oh come on, he's gotta say sumptin'. Everybody's got a line in the Kabuki theater.
Everybody is in line at the "Bukkake Theatre"... There ,fixed it for ya. ;-)
Ironic - Greek Riots on Channel 1 and Boner on Channel 2
Jersey Shore on Channel 3
Porn on Channel 4 thru 69
Was Bonner crying like a little school girl?.
How did this math wizard get elected?
I know this one: Public Education
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.
"cloud of debt"...... more like "Freaking Mountain of Debt"
Cloud of Debt:
http://news.yahoo.com/photos/volcano-lightning-slideshow/volcano-photo-1339796177.html
He is psychotic. Bat shit insane.
If that's true - Then he can apply for disability payments
Hey there is a big boner on my TV! Fuck this guy....
Boehner playing the role of beaten puppy.
Type cast
I just got released from the hospital for alcohol poisoning.
Did we win?
no.
I don't know what team you are on, but the answer is still no.
Sorry, potheads won.
Time to switch drugs.
Why didn't he cry? Or was he just crying on the inside?
"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:
http://www.phrases.org.uk/meanings/toe-the-line.html
"Toe" as in "kicking the can down the line in the road with his "toe".
but it's open to debate
no, it isn't.
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?
"Egad?" Who says "egad?!"
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.
No specifics. Slurred words. Orange face. Eyeliner. Humorless joke about golf. Sociopathy showing through it all
Awww boner says Democrats and Republicans will play nice this time. He promises.
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.
Now you're talkin'! They don't have the balls.
I smell an ES ramp into the close
the Fed's buying programs will ensure it stays above 1400 today.
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!
Yeah, our 2% GDP growth (in a good year) is gonna solve our (8%?) debt growth problem....sounds like a plan.... NOT.
.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.
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.
"So many entitlements." - Yes, corporations call them subsidies. Perhaps another unfunded war is what we need...
You forgot false flag
i don't think that they will even need those anymore. they'll just start bombing people wherever, whenever they want.
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.
It is what the communist press tells them.
i'm sure he addressed the problem, he has every one of our addresses
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.
I hope this fucker gets sodomized by an elephant one day. Fuck You Boner
Most people would curse him, but you wish for him to get what he wants and deserves. That's very kind. Bless you, Sir.
a down payment. HOW FUNNY!
Buy some PMs, order Idiocracy and drive on.
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.
karl a great return from beyond. So many of your peeps have been waiting
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.
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.
Technically speaking, it would be two years.... I don't think they would fare very well in the midterms with that strategy....
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.
What country is Boehner from and does he have a birth certificate. He's blacker than Obama.
TanMan is from Cincinnati, where pigs fly and unicorns shit skittles. He and Obama were brothers separated at birth by the orphanage in Kenya.
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".
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."
FAKE TANNING, BITCHEZ!
Based on what Boehner said, Grover Norquist will be pissed....
Let's see what happens when GN's bluff is called...
Jack Welch has an orange Boehner,imo.
Well, look who slithered out of a wagon rut. Wondered where he had been.
Watch out, Amici! Bailout Boner and his banksters buddies are creeping up from behind with another large jar of vaseline ...
they brought vaseline this time? thank god!
Frau. Merkel calls it ' Veener Schlider'...
Boner is such a dick. Perhaps if he starts crying again people might listen to him.
Republicans will be cowering in the corner...
You cannot purchase freedom at the ballot box.
I suggest that Obummer and Baynut pack the bus full of congressmen and drive it right over the cliff. Will anyone miss them?
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.
I am inviting you all to a Tea Party in 2014....the country needs a new direction.
Ever notice that CNBC's Erin Burnett looks like spawn of Boehner?!
Based on the commentary, I thought this would be a fit
http://rabett.blogspot.com/2012/11/a-message-from-civilization.html
Cry motherfucker cry! If only tears were pennies, this son of a bitch could save us singlehandedly.
Fiscal Rebels Without A Cause.
http://www.youtube.com/watch?v=LGUYsuYudVA
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.
Boehner: "Let's push this fiscal cliff off for a year." I guess the markets won't react badly to that one.
"In the opinon of the chair, the ayes have it. You sir are indeed, a shitheel."
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.
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"
So what happens when the thieves on Wall street and in government have stripped the citizens of the usa bare?
I'd rather inspect the contents of my septic tank than listen to these deranged psychopaths.
It'd be more pleasant and more educational.
SP +5. Buck Foner, "Scoreboard!"