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Senate Deal "Apparently Short Of Needed Support"

Tyler Durden's picture




 

Update: U.S. Senate will attempt to vote on fiscal cliff Monday night, but still work to be done - Sen. Kyl. So the deal is done, but there is "hope" it passes. Should be good for another 10 ES points.

* * *

Everyone's worst nightmare has come true: the endless Greek bailout has now shifted to D.C., where deals are leaked, rumored, preannounced, and priced in, long before they are discovered to never have been there in the first place. The winners, as in Europe: hedge funds, and caterers. Everyone else is a bystanding loser.

From Reuters:

Skeptical U.S. Senate Democrats requested a meeting on Monday with Vice President Joe Biden about the tentative deal on the "fiscal cliff" that he is forging with Senate Republican leader Mitch McConnell, a Democratic Senate aide said.

 

With the deal apparently short of needed support, Democrats are hopeful that Biden will meet with them, but have not yet received a commitment, the aide said. Some Democrats complain that Biden went too far to find common ground with McConnell. Congress and the White House face a midnight deadline (0500 GMT Tuesday) to avert the fiscal cliff of tax hikes and spending cuts.

And now we look forward to tonight's Senate vote on the deal which "passed"... It passed right? The market said so.

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Mon, 12/31/2012 - 18:50 | 3110832 lolmao500
lolmao500's picture

Turtle head McConnell needs to be made into soup.

Mon, 12/31/2012 - 18:54 | 3110845 ball-and-chain
ball-and-chain's picture

McConnel's a terd.  I agree.

But we should go over the cliff.

We need to get the ticks (Wall Street, London) off our backs.

It'll be painful.  But such is life.

http://www.angrysinner.blogspot.kr/2012/12/yesterday-i-hiked-ten-miles.html

Mon, 12/31/2012 - 18:58 | 3110860 maxmad
maxmad's picture

And over the cliff we go....

Mon, 12/31/2012 - 19:06 | 3110883 maxmad
maxmad's picture

This is the doom you are looking for....

Mon, 12/31/2012 - 19:17 | 3110919 SafelyGraze
SafelyGraze's picture

the best part of kotus talking to supporters as the bit about shrinking the debt while expanding the economy

which in the nunormal means expanding the debt while shrinking the economy

and they said it couldn't be done!

Mon, 12/31/2012 - 21:01 | 3111143 Michaelwiseguy
Michaelwiseguy's picture

Every time I hear Senator Rand Paul I think to myself, Oh my poor dear boy, God Love him, Do you not know what the game plan and end game is?

123112 - Sen. Rand Paul speaks on fiscal cliff negotiations

http://www.youtube.com/watch?feature=player_embedded&v=Ht_qjv54iB8

Mon, 12/31/2012 - 21:24 | 3111214 infinity8
infinity8's picture

"God bless his heart" -Nana.

*same Nana that said "who's tryin' to break my balls?" if the phone rang during Magnum, P.I. and "don't try to psychologize me".

Mon, 12/31/2012 - 20:44 | 3111146 TheFourthStooge-ing
TheFourthStooge-ing's picture

.

This is the doom you are looking for....

They did it for the lulz....

Mon, 12/31/2012 - 19:09 | 3110884 knukles
knukles's picture

Well fuck me with a stick... And all along I thought it was the Tea Partiers in the House who were holding the whole thing up.
Man, so we got some recalcitrant commies on the left facing off against the unrepentant libertarians on the right (or whatever the who they the we and them be these days....)

Jeeeeez
And I thought that Democrats were so amenable to bipartisanship....

 

(Don't shoot me, I'm just takin' it as I been told...)

Mon, 12/31/2012 - 19:10 | 3110902 busted by the b...
busted by the bailout's picture

It hasn't gotten to the House yet.  The TPers will get their chance later... maybe.

Mon, 12/31/2012 - 19:25 | 3110949 CrockettAlmanac.com
CrockettAlmanac.com's picture

Tax and spending bills must originate in the House.

Mon, 12/31/2012 - 19:36 | 3110971 Beam Me Up Scotty
Beam Me Up Scotty's picture

That was in another life....

Mon, 12/31/2012 - 19:38 | 3110983 CrockettAlmanac.com
CrockettAlmanac.com's picture

Just my luck, I was reincarnated as a constituent.

Mon, 12/31/2012 - 20:15 | 3111079 ACP
ACP's picture

You thought we're still a nation of laws?

That's so December 23, 1913...

Mon, 12/31/2012 - 21:14 | 3111198 Esso
Esso's picture

You know, just knowing that date will land you in a FEMA Freedom & Liberty Camp.

Mon, 12/31/2012 - 19:09 | 3110888 Pool Shark
Pool Shark's picture

 

 

While I'll personally be paying a bunch more in taxes, at least we'll be actually cutting some of the graft for the federal government parasites.

I feel like Robert Downey Jr. in the latest Sherlock Holmes movie: I'll willingly go over the Reichenbach falls, as long as I can take Moriarty with me...

 

Mon, 12/31/2012 - 19:10 | 3110900 knukles
knukles's picture

Actually, since I have no choice but to go over the falls, I'm grateful some bastard is along for the ride.

 

(And just to let you all understand what I'm talkin' about, just the other night I sat in the passenger seat next to Elvis when he was flyin' the UFO)

Mon, 12/31/2012 - 20:31 | 3111125 ACP
ACP's picture

The criminal scum in govt follow the (slightly altered) words of Patton: Make some other poor, dumb bastard go over the cliff.

Mon, 12/31/2012 - 20:34 | 3111133 TheFourthStooge-ing
TheFourthStooge-ing's picture

parenthetically, knukles said:

(And just to let you all understand what I'm talkin' about, just the other night I sat in the passenger seat next to Elvis when he was flyin' the UFO)

So Elvis was flyin' it this time? He must have cashed in some of his frequent flyer miles if they were actually letting him fly it. Next time you see him on a flight, ask him about the time he had a few too many drinks at a saucerport bar with one of the bigfoot stewardesses.

L-o-l-a Lola, Lo-Lo-Lo-Lo-Lola ...

Mon, 12/31/2012 - 20:44 | 3111147 Eally Ucked
Eally Ucked's picture

Knukles was drunk at that time, it was Mcconnell, not Elvis, and Reid was the bigfoot stewardess giving him top notch service.

Mon, 12/31/2012 - 19:36 | 3110977 Beam Me Up Scotty
Beam Me Up Scotty's picture

Don't be so sure.  Obama will start issuing executive orders to keep the parasites well fed.  You wait and see.

Mon, 12/31/2012 - 19:52 | 3111018 Gazooks
Gazooks's picture

open a vein, bitchez

Mon, 12/31/2012 - 20:26 | 3111115 ExpendableOne
ExpendableOne's picture

He already did.  Pay raise anyone?  

Mon, 12/31/2012 - 19:14 | 3110914 bjfish
bjfish's picture

.. deservedly so, I might add.  We can't have Repub levels of taxation and Dem levels of spending.  Just doesn't work.  In fact, Dem levels of spending won't work with any level of taxation. 

Too many ppl riding in the wagon, no longer enuf pulling the wagon ... the wagon stops & all hell breaks loose.

Mon, 12/31/2012 - 19:20 | 3110934 knukles
knukles's picture

ding ding ding ding

We got a winner!

 

Math, the New Inconvenient Truth.tm

Mon, 12/31/2012 - 19:42 | 3110997 Salon
Salon's picture

John Adams once said

Facts are stubborn things

Mon, 12/31/2012 - 19:52 | 3111019 Ned Zeppelin
Ned Zeppelin's picture

And Ronald Reagan once said

Facts are stupid things

Mon, 12/31/2012 - 20:18 | 3111090 mvsjcl
mvsjcl's picture

And Donald Rumsfeld once said:

Facts are known knowns

Mon, 12/31/2012 - 20:00 | 3111040 Gazooks
Gazooks's picture

fact is, happy (as if) fucking new year to ZH'erz all

 

13. a lucky fucking number

 

 

 

Mon, 12/31/2012 - 20:13 | 3111073 GeorgeHayduke
GeorgeHayduke's picture

"In fact, Dem levels of spending won't work with any level of taxation."

I'm no Dem but this myth is not backed up by the facts. From all indications thus far Dems tax and spend while Repubs borrow and spend. Note that spend is part of both sentences.

Just look at any government spending chart and it'll show the reality. From 2000 to 2006 when Bush had a Republican Congress (veto proof in some years), government spending still went up. It's just a amtter of what they spend the money on and who gets the the bigger piece of pie.

Here's just one of many sources that'll help debunk this myth for anyone who actually cares to see beyond the myths: http://www.usgovernmentspending.com/charts

Mon, 12/31/2012 - 20:28 | 3111118 eatthebanksters
eatthebanksters's picture

Convenient facts...how much did Barryborrow in the last 4 years?  Dems spend, borrow, spend, tax, spend, borrow, spend, tax....They can't win an election without buying the votes and playing the class warfare game, even though their hearts are as black as any conservative.  Do yo think Buffet or Soros give a shit?  They get their cocks polished by whomever is in office.  Get real!

Mon, 12/31/2012 - 20:31 | 3111128 ExpendableOne
ExpendableOne's picture

Please step outside the box for a bit.  Note that the folks who control both parties are making boatloads of money both on the spending side and the borrowing side.  What's not to like about that eh?  

 

Republican is the flip side of Democrat and the entire coin belongs to the "bankster elites".

Mon, 12/31/2012 - 21:17 | 3111202 TheFourthStooge-ing
TheFourthStooge-ing's picture

.

Note that the folks who control both parties are making boatloads of money both on the spending side and the borrowing side.  What's not to like about that eh?

What's the use of having a one party system if you're not playing all sides for the big grift?

Republican is the flip side of Democrat and the entire coin belongs to the "bankster elites".

They're like the American League and the National League of the War Party.

Mon, 12/31/2012 - 21:51 | 3111254 GeorgeHayduke
GeorgeHayduke's picture

That's what I was trying to say, but not so bluntly. Both parties exist to milk the sheople for their owners.

Mon, 12/31/2012 - 20:36 | 3111136 Chuck Walla
Chuck Walla's picture

"Everyone takes, nobody makes, work doesn't pay, indulgence doesn't cost, money is free, and money is worthless."

 

~ Canadian MP Pierre Poilievre

 

FORWARD SOVIET!

Mon, 12/31/2012 - 19:38 | 3110982 One World Mafia
One World Mafia's picture

The cliff cuts are way too small to do anything but cause a slight delay of a few months before the day of reckoning. 

Mon, 12/31/2012 - 20:33 | 3111127 eatthebanksters
eatthebanksters's picture

The additional taxes paid by the rich are inconsequential, the brownie points Obama scores with the masses are immense.  What's ironic and amusing is he is so willing to raise taxes but won't close  loopholes...you can increase my tax rates all day long if you give me loopholes and write offs.   The ignorant masses don't understand their glorius and adored leader is fucking them in the ass while he dirnks 25 year old scotch with Dimon and Blankfein.

Mon, 12/31/2012 - 20:13 | 3111072 westboundnup
westboundnup's picture

Ole Mitch

Mon, 12/31/2012 - 19:00 | 3110864 Snakeeyes
Snakeeyes's picture

Too many spending cuts for big spending Dems. Boehner is like dealing with Fredo.

http://confoundedinterest.wordpress.com/2012/12/31/lets-make-a-deal-rais...

Mon, 12/31/2012 - 19:11 | 3110903 bjfish
bjfish's picture

Commence the Obama Depression

Mon, 12/31/2012 - 19:27 | 3110956 CrockettAlmanac.com
CrockettAlmanac.com's picture

Obegin the Obeguine.

Mon, 12/31/2012 - 20:17 | 3111089 Pool Shark
Pool Shark's picture

Well played sir.

[golf clap]

 

Mon, 12/31/2012 - 19:30 | 3110960 Atlantis Consigliore
Atlantis Consigliore's picture

Needed Govie Theme Song: Where the Frauds Are... music overdub on all Tyler coverage of Greeceamerica.

http://youtu.be/BQTLs4QCSB4

Mon, 12/31/2012 - 20:39 | 3111141 TheFourthStooge-ing
TheFourthStooge-ing's picture

lolmao500 said:

Turtle head McConnell needs to be made into soup.

Urrggh! I wouldn't even feed that to AnAnonymous or Max Fischer.

Mon, 12/31/2012 - 21:08 | 3111188 akak
akak's picture

Alas, alas, three inches alas, McConnerr turtlehead soup not being known in pseudo-scientific traditional 'medicine' of Chinese lore of fabled past with making big and strong the weak oriental pee-pee.  For that with needing much the rare and endangered tiger penis, bear gall bladder and ground dragon bones.

Mon, 12/31/2012 - 21:28 | 3111223 TheFourthStooge-ing
TheFourthStooge-ing's picture

.

For that with needing much the rare and endangered tiger penis, bear gall bladder and ground dragon bones.

Preparingness diligently the best with overnights rhinoceros umbilical cord broth marination the ingredients giving much so the extended benefits propitiously.

Mon, 12/31/2012 - 18:51 | 3110834 stormsailor
stormsailor's picture

what difference does it make.  they make this up as they go along.

Mon, 12/31/2012 - 19:07 | 3110889 HardlyZero
HardlyZero's picture

No, no.  They follow the ancient Greek script.  It always has the same ending.

Mon, 12/31/2012 - 19:31 | 3110958 CrockettAlmanac.com
CrockettAlmanac.com's picture

The Hudson Brothers had the lowdown on zombies long ago:

 

What difference does it make?

 

http://www.youtube.com/watch?v=rP61X8HqAZ8

Mon, 12/31/2012 - 18:53 | 3110836 Apathetic or Wh...
Apathetic or Whatever's picture

Listen to Rand Paul's senate speach this morning and tell me how this matters at all.  The American people are simply uninformed and that's the way they like it, just keep sending me my check so I can pay my bills until I die, that's all they care about.

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