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Boehner To Explain Plan 'B.O.' - Live Webcast

Tyler Durden's picture




 

This should be good. Part apology, part job interview, part finger-pointing; Speaker Boehner is set to speak at 10ET to explain how this is all going to be ok... or not...

 

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Fri, 12/21/2012 - 10:59 | 3086629 azzhatter
azzhatter's picture

Bring plenty of kleenix

Fri, 12/21/2012 - 11:03 | 3086644 Unprepared
Unprepared's picture

... and lube.

Fri, 12/21/2012 - 11:05 | 3086658 Ruffcut
Ruffcut's picture

The boner wants his austerity. Santa should stuff his stocking with coal and his ass with O'boners head.

Fri, 12/21/2012 - 11:48 | 3086887 BaBaBouy
BaBaBouy's picture

WAH WAH WAH...

I Don't Want The Poor Billionaires To Get Taxed...

Sob... Wah Wah Wah...

 

Fri, 12/21/2012 - 13:33 | 3087369 caconhma
caconhma's picture

Mr. Boehner is both a very bad actor. But his Banking Mafia masters must be very proud of him.

After all, he and the mainstream media are successfully diverting the public opinion from the real issues (like endless wars of aggression, supporting and paying Al Qaeda and other terrorists all over world, destroying American middle class, destroying the American Constitution and freedom of American people, and stealing the last pennies from senior citizens, etc.,) to some bogus issues line “the fiscal cliff”, human right in Syria or poor life conditions of illegal immigrants.

Fri, 12/21/2012 - 11:17 | 3086705 azzhatter
azzhatter's picture

Boner may be out of kleenix after last night's masturbation session

Fri, 12/21/2012 - 11:03 | 3086648 trav777
trav777's picture

no plan will go through without this portion of the GOP signing on.

If the democraps think that this will help them in coming elections; they're fools...it's only going to make this wing stronger.  There is no mandate; the power structure doesn't seem to smell what's coming.

Fri, 12/21/2012 - 11:23 | 3086727 CPL
CPL's picture

That's coming but meanwhile...

It's now a pissing match between GOP, Liberatians and Conservative positions, each as seperate positions in Republican party.  They are seperate elements to the party and Boner forgot that fact.  He served his agenda without including his party platform.  He committed career suicide and assumed that he could drag his party with him.

Cannot stand listening to the man and his decades long career of vapour delivery...amazes me that Americans even regard him as a "do'er" or leadership material.  Goes for most of the silver spoon daddy's boys sitting in the Senate and Congress.

 

Fri, 12/21/2012 - 11:30 | 3086758 SamAdams
SamAdams's picture

Boehner is a traitor, a puppet of the establishment.  He should be tried by an impartial jury and dealt the punishment he deserves. 

Fri, 12/21/2012 - 12:41 | 3087129 Tom_333
Tom_333's picture

Doesn´t matter.It´s the co-located servers that decide the outcome.And their owners have their marching orders

Fri, 12/21/2012 - 11:28 | 3086732 SamAdams
SamAdams's picture

Trav, we both know the real plan is for taxes to go up.  Austerity must happen, whether it be advertised taxes or clandestine inflation.  A little truth opens eyes to bigger truths.  Funny how that works...

Fri, 12/21/2012 - 11:28 | 3086749 Eally Ucked
Eally Ucked's picture

O got them by their balls, and he will be the hero. Taxes for everybody up - thanks to GOP, cut spending on everything - thanks to GOP. Of course O is unwilling hero but he will take that with open arms. Anyway America does not have any choice, they gave him somebody to blame. I cant understand how stupid GOP are, they gave him all weapons he needed. He lined them up for it. 

Fri, 12/21/2012 - 11:43 | 3086846 Stoploss
Stoploss's picture

You must have fallen off the truck last night.

This is the plan. De-delineate the Republicrats parties so as to usher in a new political party.

It is working flawlessly, as you are bearing witness.

Fri, 12/21/2012 - 11:50 | 3086879 Eally Ucked
Eally Ucked's picture

I fell of my chair last night, I got so drunk listening to all that shit. Maybe you're right - new party? why not? Don't follow me and stay sober, and forget the trucks.

Fri, 12/21/2012 - 12:52 | 3087177 trav777
trav777's picture

take a look at the county maps of red/blue. It's been 50 YEARS of this plan, through immigration's importing of another reliable bloc vote to go with blacks'.  The black population was simply insufficient to support a permanent Demoncrapification of government.  So, they brought in some people a couple shades lighter but still reliably counted upon to support at the 70%ish bloc rate.  Aligned with marxist yankees and the freak crowd and hippies, you have the bare majority they wanted.

They cannot dominate state-by-state in legislatures and whatnot, because those have bicameralism at the State level where the red/blue county maps dictate a red-leaning state governance in most cases.  But they can most definitely lean electors nationally blue especially when there is a billion $ to support busing and other "rock the vote" measures.

The GOP is the white party...it's the party of the America that USED to be, combined in some interests with the neocons who worship war.  Ron Paul was the MOST anti-war candidate, yet he was called alternately to the right of Attila the Hun and the Left of Lenin depending upon who you asked.  This is the true conservative wing...there are a lot of people who don't want to live in warfreaktopia that the cons and the libs seem to think is Eden.

Fri, 12/21/2012 - 16:29 | 3088078 Eally Ucked
Eally Ucked's picture

The rep party is pos anyway, party of rip-off artists and scam virtuosos. 

"The GOP is the white party...it's the party of the America that USED to be, combined in some interests with the neocons who worship war"

That party is bought by AIPAC and the other party is no different. What the fuck? You talk about past or dreams, or what ever. White, black, green who cares as long the rip-off business is finished then America will thrive.

Fri, 12/21/2012 - 11:52 | 3086909 therearetoomany...
therearetoomanyidiots's picture

Close, Obama lets the 'bush cuts' expire.  Republs blamed.  Then, Obama passes the biggest tax cuts now known as the 'Obama cuts'...except on the 'wealthy'.  

This is how we turn the "Bush Tax Cuts" into the 'Obama Tax Cuts."  

 

Goebbels would be proud.

Fri, 12/21/2012 - 10:59 | 3086632 docj
docj's picture

Still time for a Mayan meteor to wipe us all out and spare us this farce. Right?

Right?????

Fri, 12/21/2012 - 12:51 | 3087174 cossack55
cossack55's picture

Sure. Peru is what, 5 hours behind EST?

Fri, 12/21/2012 - 11:01 | 3086640 Waterfallsparkles
Waterfallsparkles's picture

Every time he speaks the Market drops 50 points.  Wonder how many lost Down points he is responsible for in just the last week.

Fri, 12/21/2012 - 11:02 | 3086641 1000yrdstare
1000yrdstare's picture

The Crying picture of Boehner makes me laugh everytime...

Fri, 12/21/2012 - 11:36 | 3086796 crazyroadlizard
crazyroadlizard's picture

It never gets old!

Fri, 12/21/2012 - 11:02 | 3086642 LongSoupLine
LongSoupLine's picture

Fuck you Congress and Obama.

Shit eating fucks, Merry Christmas assholes.

Fri, 12/21/2012 - 11:44 | 3086853 forexskin
forexskin's picture

you're a poet, man

well said

Fri, 12/21/2012 - 11:02 | 3086646 Jim in MN
Jim in MN's picture

 

 

Now here's a goodie:

Mathbabe: Nate Silver not just wrong, but maliciously wrong

http://mathbabe.org/2012/12/20/nate-silver-confuses-cause-and-effect-ends-up-defending-corruption/

 

"Silver confuses cause and effect. We didn’t have a financial crisis because of a bad model or a few bad models. We had bad models because of a corrupt and criminally fraudulent financial system.

That’s an important distinction, because we could fix a few bad models with a few good mathematicians, but we can’t fix the entire system so easily. There’s no math band-aid that will cure these boo-boos.

I can’t emphasize this too strongly: this is not just wrong, it’s maliciously wrong. If people believe in the math band-aid, then we won’t fix the problems in the system that so desperately need fixing."

Fri, 12/21/2012 - 11:15 | 3086691 Banksters
Banksters's picture

Naturally, the MSM flushed the truth down the toilet.    

Fri, 12/21/2012 - 19:55 | 3088795 JeffB
JeffB's picture

Thanks for the heads up. Nice article.

Fri, 12/21/2012 - 11:05 | 3086650 Cognitive Dissonance
Cognitive Dissonance's picture

Ssshhhh!

The spirits are about to speak......again.

<And they are saying Sell Sell Sell Sell>  :)

Fri, 12/21/2012 - 11:14 | 3086687 Dr. Engali
Dr. Engali's picture

The spirits must not have consulted with Cramer.....or his accountants.

Fri, 12/21/2012 - 11:03 | 3086652 malalingua
malalingua's picture

Boehner is such a wanker!

Fri, 12/21/2012 - 11:05 | 3086653 Inthemix96
Inthemix96's picture

No wonder the Orangy faced fucker is worried about Body Odour.

The amount of time on sunbeds kresote boy spends on them he is bound to sweat.

Fri, 12/21/2012 - 11:09 | 3086661 Pretorian
Pretorian's picture

Americans have build there country on deficit through history,this is just part of the show.Make monkey out of the world.

Fri, 12/21/2012 - 21:43 | 3089047 JeffB
JeffB's picture

At one time we were far more frugal in our budgeting.

Getting involved in wars would blow out the budget, but then we'd pay it back down... until we got into another war.

Then the Federal Reserve was spawned, whereupon they caused the Great Depression... then Franklin D Roosevelt started us down the socialist path...

From Wikipedia:

"...Except for about a year during 1835-1836, the United States has continuously held a public debt since the US Constitution legally went into effect on 4 March 1789. Debts incurred during the American Revolutionary War and under the Articles of Confederation amounted to $75,463,476.52 on January 1, 1791. From 1796 to 1811 there were 14 budget surpluses and 2 deficits. There was a sharp increase in the debt as a result of the War of 1812. In the 20 years following that war, there were 18 surpluses. The United States actually paid off its debt entirely in January 1835, only to begin accruing debt anew by 1836 (the debt on 1 January 1836 was $37,000).[2][3]

Another sharp increase in the debt occurred as a result of the Civil War. The debt was just $65 million in 1860, but passed $1 billion in 1863 and reached $2.7 billion by the end of the war. During the following 47 years, there were 36 surpluses and 11 deficits. During this period 55% of the national debt was paid off.

The next period of major increase in the national debt took place during World War I, reaching $25.5 billion at its conclusion. It was followed by 11 consecutive surpluses and saw the debt reduced by 36%.

Social programs enacted during the Great Depression and the buildup and involvement in World War II during the F.D. Roosevelt and Truman presidencies in the 1930s and 1940s caused the largest increase – a sixteenfold increase in the gross public debt from $16 billion in 1930 to $260 billion in 1950. When Roosevelt took office in 1933, the national debt was almost $20 billion; a sum equal to 20 percent of the U.S. gross domestic product (GDP). During its first term, the Roosevelt administration ran large annual deficits between 2 and 5 percent of GDP. By 1936, the national debt had increased to $33.7 billion or approximately 40 percent of GDP.[4] Gross debt relative to GDP rose to over 100% of GDP to pay for the mobilization before and during World War II. ...

Fri, 12/21/2012 - 11:08 | 3086668 buzzsaw99
buzzsaw99's picture

he will not allow any bill that might pass the house come up for a vote

Fri, 12/21/2012 - 11:08 | 3086670 PUD
PUD's picture

We have a predicament not a problem. Problems have solutions. Predicaments have only bad choices. They do not tell the sheep this. Go ahead..cut spending and watch unemployment shoot up. Go ahead..keep borrowing and spending and watch the bond market implode. There is no fix. Rock=hard place. Everything they say is a lie.

Fri, 12/21/2012 - 21:57 | 3089086 JeffB
JeffB's picture

I think you are spot on... except for maybe the bond market exploding. I think the Fed is the major buyer at the moment. If they weren't buying the majority of the Treasury paper I think the bond market would have blown up long ago.

But we're helplessly dead in the water awaiting our fate. Should we worry more about the circling sharks attacking our leaking rubber raft or the monstrous storm clouds on the horizon heading our way?

 

Fri, 12/21/2012 - 11:08 | 3086671 Flakmeister
Flakmeister's picture

Samson pulling the temple down is might be the best analogy of what is going on....

 

Fri, 12/21/2012 - 11:09 | 3086674 buzzsaw99
buzzsaw99's picture

more like jawboehner of an ass

Fri, 12/21/2012 - 11:08 | 3086672 hooligan2009
hooligan2009's picture

note the 1.3 trillion of spending cuts and 850 billion of tax hikes sums to 2.2 trillion over 10 years...compared to this years deficit of 1.3 trillion and 13 trillion of ten years...even if the plan is evolved, the debt will increase at the rate of 800 billion per annum or 8 trillion over ten years. sigh

Fri, 12/21/2012 - 11:16 | 3086696 gaoptimize
gaoptimize's picture

I don't think your math consideres the negative impact of these actions on revenue and increases in the 1.08 trillion/year of means-tested entitlements.  Any solution that emphasizes taxes over spending cuts with ADD to the annual deficit, not reduce it.

Fri, 12/21/2012 - 11:11 | 3086680 JSD
JSD's picture

Best question:  "Are you getting the president a Christmas present?"

Fri, 12/21/2012 - 11:12 | 3086681 Super Broccoli
Super Broccoli's picture

didn't say much ... sounded like he was authorized the same 3 sentences all speach long :-)

Fri, 12/21/2012 - 11:12 | 3086683 YesWeKahn
YesWeKahn's picture

Got it, it was simply a bad joke.

Fri, 12/21/2012 - 11:13 | 3086684 fuu
fuu's picture

No Boehner no cry.

Fri, 12/21/2012 - 11:14 | 3086688 The Joker
The Joker's picture

I think this guy rolls out of the rack in the morning and has a scotch on the rocks before doing anything.  Dude sounds like he's drunk all the time....or channelling Tom Brokaw.

Fri, 12/21/2012 - 11:19 | 3086713 azzhatter
azzhatter's picture

I've always presumed Boner is an alcoholic. He's got that look about him, like he sucks on a bottle of gin before he sucks on a cock

Fri, 12/21/2012 - 11:29 | 3086747 Mr. Hudson
Mr. Hudson's picture

He does have that gay, alcoholic look.

Fri, 12/21/2012 - 11:22 | 3086717 Jim in MN
Jim in MN's picture

I can assure you, DC is a hard liquor town, and the gutters on Capitol Hill basically have whiskey trickling down them.   Nothing is done without massive wastage and/or hangovers. 

Fri, 12/21/2012 - 11:42 | 3086840 therearetoomany...
therearetoomanyidiots's picture

It's the only way to 'live' after you've sold your soul out....drunk and uncaring.

Fri, 12/21/2012 - 11:28 | 3086742 Mr. Hudson
Mr. Hudson's picture

His crying is brought on by alcoholism.

Fri, 12/21/2012 - 11:15 | 3086690 mdtrader
mdtrader's picture

Merry Christmas bitchez!

Fri, 12/21/2012 - 11:16 | 3086699 dwdollar
dwdollar's picture

Well... looks like Ben will need to engage QE4EVR to trans-print speed (+100B/mo) sooner than expected.

Fri, 12/21/2012 - 11:18 | 3086706 Spastica Rex
Spastica Rex's picture

Have the Republicans saved the Empire yet?

Fri, 12/21/2012 - 11:30 | 3086757 dexter_morgan
dexter_morgan's picture

That's what Frank Marshall Davis, Jr. was re-elected to do, so now he gets to shine. Repubs are out the picture, all dems running the show now.

Fri, 12/21/2012 - 11:55 | 3086924 Jake88
Jake88's picture

You're busted Dex and you're taking Deb down with you.

Fri, 12/21/2012 - 11:19 | 3086708 Jim in MN
Jim in MN's picture

No problem.  Just raise taxes on everyone.

Oh wait, they already did.

Happy New Year.  Thanks, Washington.

Fri, 12/21/2012 - 11:23 | 3086720 adr
adr's picture

Plan Barack Obama gonna fuck yo mama.

Fri, 12/21/2012 - 11:23 | 3086722 haskelslocal
haskelslocal's picture

Who here knows:

1) The amount of Americans subject to taxation who make between $400k and $1M a year.

2) The amount of money taxation would generate in that catagory.

3) The percentage of Americans who occupy that space.

Carry on. This speach was just the thing you do before you leave the office for vacation.

 

Fri, 12/21/2012 - 22:44 | 3089181 JeffB
JeffB's picture

I would be interested in those numbers and more as well.

But in the meantime, Tony Robbins had "some of his guys" do a little research on how much of a dent they could put in the deficit by tax increases (assuming the tax increases didn't affect their behavior in doing things such as trying to avoid those confiscatory taxes, of course).

I think it should be pretty eye opening for most people. They started out by taxing all the millionaires at 100% of income... but that didn't do much, so they kept adding on and adding on...

http://www.youtube.com/watch?v=jboTeS9Okak

 

 

Fri, 12/21/2012 - 11:23 | 3086726 Gert_B_Frobe
Gert_B_Frobe's picture

"Speaker.Gov - We are currently off the air"

Best vid feed coming out of that place ever!

Fri, 12/21/2012 - 11:33 | 3086773 Just Ice
Just Ice's picture

Nothing 'til March with debt ceiling debate probably.  The demagogue in white house that thinks his reelection means he gets to get his way and anyone disagreeing is an obstructionist needs to get a clue.  The tea party repubs were specifically elected by constituencies to stop the run away gubmint spending and end the ever increasing national debt.  They are/were not social issue candidates but rather to restore some fiscal restraint. 

Fri, 12/21/2012 - 11:36 | 3086800 bb5
bb5's picture

hey Tyler--great picture of boner

Fri, 12/21/2012 - 11:45 | 3086864 ian807
ian807's picture

Until the Republicans get serious about cutting defense industry entitlements (http://en.wikipedia.org/wiki/F..., it's going to be hard to have a rational discussion about the budget. The USA spends MUCH more on military expenditures than any other country (http://en.wikipedia.org/wiki/L....

The taxpayer money that subsidizes the defense of other countries allows them to fund their nicely padded social safety nets. If we're going to defend Europe and Asia, shouldn't *they* be paying us for it?

Fri, 12/21/2012 - 11:48 | 3086873 SmoothCoolSmoke
SmoothCoolSmoke's picture

Buck Foner did not look like he was about to cry today.  And why should he?..........the Dec puts he most likely had bought for him yesterday PM were up 250% at the open.

Fri, 12/21/2012 - 11:50 | 3086897 Caput Lupinum
Caput Lupinum's picture

B.O? They have deodorant to fix that

Fri, 12/21/2012 - 11:58 | 3086902 Jake88
Jake88's picture

this has got to be a charade to guarantee going over cliff austerity and tax hikes. tax hikes for the rich? Really? It is fiscally insignificant. Seems to be just a matter of mindless principles on both sides. 

Fri, 12/21/2012 - 12:49 | 3087170 Mad Muppet
Mad Muppet's picture

Let me do this for him; Blah, blah blah, it's Obamas fault, blah blah blah.

Fri, 12/21/2012 - 13:47 | 3087415 ChacoFunFact
ChacoFunFact's picture

http://realcurrencies.wordpress.com/2012/12/21/the-fiscal-cliff-where-do-they-get-all-these-non-issues/

 

"Eventually America will be busted in the Middle East and they will lose their petro-dollar based hegemony. This is when a new monetary system will be introduced. The only questions are how big the bang will be with which the US will go down and if the new system will be World Currency or the final preliminary one."

"The Money Power wants a massive, global depression. In Europe it’s organizing it through the Euro ‘Crisis’, ‘forcing’ the Governments into self defeating austerity, aggravating an already catastrophic deflationary nightmare. The United States is in a much better position, because the Federal Reserve is just buying up all the US debt for basically nothing. This, the ECB cannot do. Until recently, anyway, because it means Germany and the other northern nations are underwriting southern debt."

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