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Boehner Headlines: Move To "Plan B"
When the US has become the equivalent of a Eurogroup Belgian summit at 4 am, with interim red headlines the only market moving variable, all one can do is sit back and laugh. In the meantime, here are the obligatory headlines:
- BOEHNER SAID TO BE MOVING TO `PLAN B' ON FISCAL CLIFF
- BOEHNER SAID TO PLAN BILL WITH TAX HIKES ON INCOME OVER $1M
- BOEHNER SAID TO CONTINUE NEGOTIATIONS WITH PRESIDENT OBAMA
- HOUSE LEADERSHIP TO START WHIPPING VOTES ON "PROBABLY THREE DIFFERENT SCENARIOS" ON TAXES TODAY.
One wonders what Plan A was... Of course, Obama demanding $400,000 as the threshold, so we will by plan ZQX before this is all over. Perhaps it is time for Chained Employment to go alongside Chained CPI - just think of the savings? In the meantime, Obama's plan involves cutting spending at some point in the future, but first hiking it by $80 billion. We hope the Belgian caterers, made so filty rich thanks to an insolvent Europe, i) open a Constitution Avenue office, and ii) launch a 10x levered ETF.
Finally, for those confused what "Plan B" is, and why Boehner is moving there, here it is:
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I'm proud not to be a boehner
I HAVE a boehner. That chick is hot.
nice funbags on that chick
Another downgrade is coming. Only this time by all 3 R(etard)ating Agencies.
Looney
Everyone is proud to not be that man.
He's on the shit list now. The douche bag is paid to protect his voters. We'll just have to remind them how useless he is to remove him is all, then they can shun him once his power is stripped from him.
I don't understand why these fools want to die alone and destroy their own families...for something as worthless as fiat.
Boner ran unopposed in his district last year and still spent millions on re-election
Time to make a candidate in his area then. Anyone is better than...that. This deserves an Anonymous OP. Operation Sock puppet... Take some guy off the street, give him cue cards, stick him in a suit. Youtube channel and facebook/twitter blast every human being in his riding. Whole thing should cost around 20k to rip him out of that chair and throw him on the street.
Boehner = worthless, weak, cowardly, pissant, sycophantic, silver spoon chewing fart catching twat.
All tanning product.
Side by side, he's darker than obama.
He's not on the shit list yet.
That only happens when this chained CPI stuff applies to GOVERNMENT AND MILITARY PENSIONS and btw CONGRESSIONAL PENSIONS as well as to Soc. Sec.
No, he's proven himself worthless in every job he's been given and he's only been given about four in his life if you look at his CV.
If his job were to be the amazing cock gobbling twat then that would be great. But it's not.
He's in charge of the opposition and his party's conservative mandate. If he wants to wear the big boy pants then he has to actually DO THE JOB HE"S PAID TO DO. So yes, it's time to take the keys to the kingdom away from the twit before he causes more damage.
He's too old for organ donation, so he serves no function other than oxygen recycling at this moment in time because he's certainly not doing his job. Lazy, lazy, lazy.
Plan "B"utt fuck the middle class some more.
Fuck you you wimpering asshole.
Hey....it ain't easy being a pussy. I have Institutional Syndrome....what's your excuse? Living behind these walls does things to a man.
http://en.wikipedia.org/wiki/Institutionalization_
If it's OK with you I'm going to have a cig and figure out how much more I can give to those guys....maybe squeeze in a tanning session if I'm lucky.
Boehner to middle class:
Plan A: Bend Over
Plan B: BOHICA
We can all guess what plan C would look like.
Plan C: COHIBA
Mission accomplished, taxpayers fucked, enjoy a stogey.
Plan Bee: Boehner releases a bunch of bees in the Oval Office.
A mannequin would be a better negotiator than Boehner. At least it wouldn't budge.
Boehner Head(line).. I see what you did there.
They're throwing around a billion savings here or a billion in revenue here and it's all over a 10 year timeline. It's like my credit cards being $10,000 more than I can pay so I cancel my Netflix membership.
At least canceling your Netflix membership would be real savings. What they are doing is not going ahead with the plan to get Hulu + in addition to Netflix, meaning there are no real cuts as you or I understand what the words means. To them, a cut is not buying something new in addition to what they already buy.
Plan B?? Is this a joke. Looking for another +18 point day in the ES. All you can do is laugh at this point
What difference does it make? The world ends Friday.
<Is that Greenwhich Mean time or is it a rolling sunrise kinda end?>
/sarc......just in case it wasn't obvious. :)
It better end....I haven't figured out what to get the Mrs. for Christmas.
Hey I'm a poet and don't realize it.
I hope it doesn't end before happy hour starts ~ or do we get a hall pass for that day?...
I'm giving Mrs. Cog Gold and Silver Eagles. It seemed the right thing to do considering.
<My guru says we can take the PMs with us to the afterlife.>
Radish seeds, don't forget the radish seeds.
Just checked with my guru for advice on the radish seeds. Bad news. He says that because of my radish obsession in this life unfortunately I'm coming back in the next as a radish.
<The good news is that Mrs. Cog is coming back as a hot sexy women (again) who loves radishes.> :)
At least it will be a short life, full of sun and rain. You'll be back on the wheel in no time.
My wife's getting a Dune Buggy......with GUN SCABBARDS! She'll be so happy..................
They have to do all this complicated language acrobatics to get that dam debt ceiling raised.
Is it pronounced 'Boner'?
Bay-ner
I sorta like 'Weeping Cheeto'.
How about 'Blubbering Oompa Loompa'?
Boner happened to be designated as THE ORANGE MAN by one of our fellow ZHer's the other day. Quite apropo considering he uses orange tanning lotion and wears pink ties. I guess what I'm tryin to say here is, he's a fucking orange & pink scrotum sucking political clown.
Well, Boehner beats Weiner.
Nah, you can eat a Weiner. You can't eat a Boehn... oh, wait!
He beats his Weiner alright.
income cliff height for hi-taxation bracket tug-of-war : 250 vs 400 vs 500 vs 1000 K.
What about capital gains or dividends, and taxation?
will the defence spending come down big time as well as some of that entitlement gravy?
If u throw in a photo like that plan B has a much deeper significance; and its down on all fours by the sounds of it.
Now I know why DSK paid 6 million to his hotel maid; it was plan D!
You have to go to the theater next week to find out if Flash Gordon survives or not.
That's what my dad said.
Rather than force a deal, as it may have done in the olden days, the tame and compliant new normal market has already priced a deal in. It will be interesting to see what is going to happen when a deal is finally done.
If Americans would only substitute road kill instead of beef and pick through dumpsters like the Spanish, there would be no inflation, we would save trillions and all would be well.
Maybe boner should stfu and put the cocktail down for 5 minutes. Imagine a career where you get paid millions, get drunk everyday and sit around and bitch while the whole country crumbles.
I've got lots of experience with the second and third parts. Where do I send my resume?
It may sound good, but if you have a conscience, I wouldn't put in my resume just yet: you have to suck a lot of johnsons and give up your soul.
If you live in his riding, I have a couple of suggestions considering he ran unopposed.
You would only need more than the 60000 voters in an area of millions to get his job. The power of large numbers works in anyone's favor against such a tiny showing at the polls.
Other than the millions part, you just described ZeroHedge...
I'm actually sitting here waiting for the liquor store to open wait for my comments here in a few hours. Unless im still lost in the woods on my 4wheeler.
Not that I agree with everything Lord Obama wants either.
All you can do is laugh at this point
Nope, includes heading down to the Bank, and closing IRA's out before you pay an additional 10%,in taxation rates in 2013(on withdrawals),or MORE.
Obama has no intentions of limiting these increases to Just $200/250k, the ceiling will be $50 a year before it's over.
One bite at a time, and he WANTS to go over the cliff, and blame it all on the GOP.
Howard Dean admitted that this was just the beginning. He stated taxes need to go up for everyone. Everyone except those who pay no taxes.
Everyone pays taxes
I think everyone on the hill this year is going to be surprised when people don't and IRS paycheques start to bounce.
But what has happened is the paycheques will continue, but you won't be able to afford anything with them.
Technically correct, the best kind. But a more complete expression would be that everyone pays sales (I.e. consumption) tax of some kind, but only some of us pay income (I.e. production) taxes.
Wat we see is that those who are productive pay coming and going, those who are willing to forego their potential to effectively becomes wards of the state to a higher degree are rewarded by paying on only consumption.
This (simplistically) illustrates both that there is no free lunch, but also that the productive are penalized to subsidize the unproductive. It also implies that the current system of selectively taxing both production and consumption leads to uneven application of the tax policy and exacerbates the disparity of who supports our society.
In some cases this may be acceptable, eg helping the indigent, feeble, or misfortunate who have no other option. But in many demonstrable cases this system is simply being gamed by those who would rather trade their independence in return for effectively not working. Welfare, disability, unemployment were meant to be a safety net, not a career choice.
I personally know an in-law who intentioanlly curtails his income to stay below the point at which he reaps maximum state benefits. He makes the trade off for more time with his family while limiting their quality of life. What he fails to understand is that the free ride may (will) someday end and he will find himself with no skills, no work history, and no means to provide if the state stops subsidizing him. He believes this day will never come, I think he is a fool and his children will likewise when they discover how much more difficult their future has been made by his choices now.
This is the mentality we face from many (but not all) in the entitlement-receiving crowd, which is now commanding a significant portion of the voting block. They feel entitled to these handouts and do not see any reasons this would end, as the generous politicians have helped themselves to the income of the productive in ever greater helpings to feed this growing maw of the lazy.
Those who truly need the help for a time but then sacrifice and work to return to self-sufficiency are the intended targets of our safety net. That behavior is to be commended, as we are all one terrible accident away from needing a helping hand for a time. But the moment it becomes a conscious choice to stay in that position despite other options, then that person has decided to become a drain on society for their own selfish ends; that is to be derided, scorned, and legally opposed however possible.
He may be talking about this.
http://planbonestep.com/
drama queen
Plan 'false drama leading to false resolution' is working like a charm. Gold flat or down, 'markets' racing, earn-nothing darlings AMZN and CRM up 15% + in a month. No reality in sight.
God help us if Boehner must fight a gun ban. He'll cave on everything.
I've been thinking the same thing.
Plan "Squeal Like A Pig" coming next week.
Have any of you remembered who signed the Budget Control Act of 2011?
Obama signed it.
That was his opportunity to honor his campaign pledge to tax the RICH.
His credibility would be much higher if he Vetoed the tax increases on the non-rich.
Boehner is moving the income level up to 400,000 looks like Obama caved on the 250,000 limit.
It's beginning to look like Boehner is more in control of the negotiations than the MSM give him credit for.
The fake outcome was already decided and pre-recorded a long time ago. Do you really think our overlords are going to work right up until Christmas?
You don't have to look very hard to see why america is completely fucked. Does anyone not know someone more capable than Boner?Harry Reid? Biden? Maxine Waters? We have elected the lowest form of life to be our representatives and then we wonder why the outcome sucks
It's the best of the baby boomer generation. Follow them the know the "Secret"
SHHHHHHHH! (Don't tell anybody, HERE's the SECRET: YOU'RE a DOUCHEBAG!)
I upset a baby boomer. I am happy now
Its pretty simple isn't it. When you put someone else in charge they will pursue their own interests over yours. We elect them based on the hope that our interests align but it has become obviuos that is the not even close to the truth. Those on top of the heap want to stay there and they will lie and cheat and steal to do it. It is amazing that our government was supposed to be about preserving our liberties and is now about only money and power. We elect criminals to go to Washington to steal back the money that was stolen from us and then lament the number of thieves in government. How about all revenues come from sales taxes that are state generated, Then state governments pay taxes directly to the feds. Our represntatives then would be tasked with keeping our money at home rather than huge pork bills designed to extract out money out of the Fed's hands. The mora localized the control, the more accountability our representatives have to us. Acountability is the only thing that counts and we can pass all the laws in the world but with the monster of government we have today, nothing will ever come of them.
We will all soon be, if not already in chains. It used to be that they would get a deal for six dollars of cuts for each new one dollar in revenues but the cuts never happened. Then we "progressed" to three in cuts for each one of revenue, that again never happened and now we are at a one to one. This is such an unfunny joke. It is so blatant that is clear they don't give a damn about reality, only the perpetuation of the illusion that somehow, someone else will pay for it all. AS with gun issues, they will attempt to deal with the symptoms rather than causes, which will only make matters worse. This is not out of ignorance or arrogance but a matter of intent. The deliberate destruction of liberties that are the underpinning of our society in an effort to reorder, reconstitute and fundamentally change America into something different. It is obvious that many here are for a fundamental change and there is little doubt we have significant room for improvement, but to throw out the foundation of our society for some ethereal notion of peace and justice that has never existed seems mad beyond anything we have yet seen. It should be interesting.
chained CPI, chained (un)employment, chained taxes, chained servitude.
So the FED will only have to print 900 billion a year to fund the gov?
Sweet, problem sounds solved.
pods
I guess I'm showing my age. I remember when a million dollars was a lot of money and billion was nearly inconceivable.
Now it's nothing more than a rounding error on the way to fiat nirvana.
Wasn't it a million that flipped the score on Pac-Man?
pods
Those were the days my friend, we thought they'd never end, we'd sing and dance........
I'd imagine the 200 transactions AND 20k a year threshold tax for Ebay will soon be lowered as well or at least have it's wording changed. Once they have their foot in the door it's all downhill.
There's just no satisfying the beasts hunger.
There is no budget. It's all just a game. The Pentagon loses 2 trillion dollars, and no one bats an eye because it's all made up, and the "crisis" is a show that will magically be solved at the last second. Oh the drama.
So let me get this straight...we're relying on a blubbering drunk and the magic house mulatto to bring us debt salvation?
Good luck with that...
hey Dis', DON'T slander us drunks by comparing us to Bonehead!
Send him a bill and let him veto a bill that lowers taxes on the middle class. Then say "we gave him both the tax cuts he wanted and the tax rates on the 'rich' he wanted. He vetoed it because he wanted to redefine 'rich'."
It's pretty obvious the democrats want to go after the upper middle class. Tax "justice", not prudent budgeting. Who's being led by ideology now?
Doesnt matter. There is no fiscal cliff. There is a currency crisis coming.
Jom Boner
If they keep printing, I say the odds of all of us winding up in the higher tax bracket is pretty good.
they've agreed to split the baby
now can focus on more important things
Call me when they get to plan X. What are these clowns going to do when we really have a crisis? We don't have to wait for an outcome; whatever they agree on for revenues will be pocket change and deficit spending is still going to at least $25 trillion by 2020. Plan accordingly.
400,000$ is wealthy ? Sure that's a lot of money, but that's not the wealthy I was thinking of... Jamie Dimon is WAY over that.