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Boehner Issues Statement

Tyler Durden's picture





 

Moments ago, Boehner voted to enact "Obama's tax cuts", which is the new de facto Bush tax cuts (which expired yesterday), and which will raise the budget deficit over the next decade by $4 trillion, yet which at the same time paradoxically also hiked taxes on nearly three quarters of Americans with an emphasis on the wealthiest 1%. Now, Boehner also issues a statement to advise his constituency just what issue he will cave on next: spending.

House Speaker John Boehner (R-OH) issued the following statement following passage of the Senate agreement on the fiscal cliff:

“The federal government has a spending problem that has led to a $16 trillion national debt that threatens our country’s future.  On the day after the election, I proposed that both parties work together to avert the fiscal cliff in a manner that would ensure 2013 is the year we finally enact entitlement reform and pro-growth tax reform to begin to solve our country’s debt problem.

 

“Now the focus turns to spending.  The American people re-elected a Republican majority in the House, and we will use it in 2013 to hold the president accountable for the ‘balanced’ approach he promised, meaning significant spending cuts and reforms to the entitlement programs that are driving our country deeper and deeper into debt.

 

“Without meaningful reform of entitlements, real spending controls, and a fairer, cleaner tax code, our debt will continue to grow, and our economy will continue to stumble.  Republicans stand for a stronger, more prosperous America, rich in opportunity and free of the debt that threatens our children’s future.  On this New Year’s Day, we renew our commitment to that vision, humbled by the opportunity to serve.”

And just in case anyone is still confused what happened today, the only thing the US voted through today was the Fiscal equivalent of 3 weeks worth of Fed debt monetization. Although at this rate, it is becoming a safe bet the GOP will cave on pretty much everything else too.

 


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Wed, 01/02/2013 - 00:42 | Link to Comment Jacque Itch
Jacque Itch's picture

Shirley you can't be serious...

Wed, 01/02/2013 - 00:45 | Link to Comment weyes1
weyes1's picture

He's entirely fucking serious, and quit calling him Shirley

Wed, 01/02/2013 - 01:09 | Link to Comment knukles
knukles's picture

Vote's close enough for government work.

Wed, 01/02/2013 - 01:12 | Link to Comment THX 1178
THX 1178's picture

Someone reassure me that "It" will come.

Wed, 01/02/2013 - 01:26 | Link to Comment Mr Pink
Mr Pink's picture

Boner should have learned how to negotiate from Clarence Wurley

http://www.youtube.com/watch?v=N2omM1kTbOg

Wed, 01/02/2013 - 01:32 | Link to Comment Supernova Born
Supernova Born's picture

Let Obama own the collapse. There is nothing the R's could have done other than serve themselves up as scapegoat kebabs "fully" responsible the continuing depression.

Bernanke is sad too. He wanted the cliff/R to blame for what he knows he can never stop now.

Wed, 01/02/2013 - 01:36 | Link to Comment Bindar Dundat
Bindar Dundat's picture

Old Indian saying:  When deep in hole -- stop digging.

Wed, 01/02/2013 - 02:08 | Link to Comment economics9698
economics9698's picture

Here is my 2 cents worth in a blog I wrote about these useless MF's.

Tyler should print my shit. 

 http://usa-wethepeople.com/2013/01/fascist-america-and-forming-a-new-con...

Wed, 01/02/2013 - 03:41 | Link to Comment Max in St Moritz
Max in St Moritz's picture

 

 

<deleted>

Wed, 01/02/2013 - 06:30 | Link to Comment negative rates
negative rates's picture

Barf!

Wed, 01/02/2013 - 06:48 | Link to Comment rcintc
rcintc's picture

We will gladly cut spending Tuesday for a higher tax rate Today!!

Wed, 01/02/2013 - 08:20 | Link to Comment wagthetails
wagthetails's picture

Free Beer Tomorrow!

Wed, 01/02/2013 - 09:21 | Link to Comment SilverIsKing
SilverIsKing's picture

You need to raise taxes first before you can cut them.

Wed, 01/02/2013 - 07:44 | Link to Comment Just Ice
Just Ice's picture

Econ 9698:  Your blog article was well stated.  Thank you for the link.

Wed, 01/02/2013 - 11:13 | Link to Comment Pegasus Muse
Pegasus Muse's picture

Good stuff economics9698 .  Sharing it with friends & family.  Thanks.

Wed, 01/02/2013 - 11:28 | Link to Comment fattail
fattail's picture

nicely put ....

Wed, 01/02/2013 - 05:35 | Link to Comment mt paul
mt paul's picture

old white man saying

give them longer handle shovel ..

Wed, 01/02/2013 - 09:42 | Link to Comment Chief KnocAHoma
Chief KnocAHoma's picture

This spending reduction argument is very much like my weekly argument with two children in my home:

ME - Go clean your room and study before you watch any TV.

(I stroll into the den 15 minutes later to find two children watching sports.)

ME - Did you clean your room and study?

CHILDREN - We'll do it later. Why don't you raise taxes now, then we'll do the dificult work when we feel like it old man.

Wed, 01/02/2013 - 09:50 | Link to Comment Chief KnocAHoma
Chief KnocAHoma's picture

And another thing:

Boner wishes he could get a boner. He is as limp as a ninety year old sock, and less interesting. 

The bottom line, however, is there ain't no solution to this freaking mess. Too many promises, to little real wealth and production, too little road, too few feet, too many cans.

Those smartass children of mine will eventually get one hell of a mess to clean up.

Wed, 01/02/2013 - 01:37 | Link to Comment Bunga Bunga
Bunga Bunga's picture

There is nothing left than kicking the can down the road. And all know it.

Wed, 01/02/2013 - 01:45 | Link to Comment Temporalist
Temporalist's picture

"We're gonna need a bigger boot."

Wed, 01/02/2013 - 02:09 | Link to Comment CrockettAlmanac.com
CrockettAlmanac.com's picture

Payroll taxes going up 2% for everybody.

 

http://www.lewrockwell.com/blog/lewrw/archives/129974.html

Wed, 01/02/2013 - 09:29 | Link to Comment SilverIsKing
SilverIsKing's picture

For those earning more than the $167,843, this is a non-event. This is the point at which the full year FICA payment at 4.2% equals the full year FICA payment at the $113,700 tax limit at 6.2%. For those folks, it will change the timing of their contributions but by the end of the year, they would have contributed the same $7,049.40 regardless of this 2% change in the rate.

Wed, 01/02/2013 - 05:06 | Link to Comment Sudden Debt
Sudden Debt's picture

We have drones and robots for everything... and yet we still need to kick cans ourselves...

 

Wed, 01/02/2013 - 01:34 | Link to Comment SafelyGraze
SafelyGraze's picture

in order to assume more debt, banks needed tarp

and in order to assume more debt, the us needs more tax revenue

that's the problem with not increasing leverage

Wed, 01/02/2013 - 02:19 | Link to Comment Jugdish
Jugdish's picture

I didn't even have to watch your clip or click on it to know what your getting at. I love you bro. Bro love. Frat bro's for life j/k. Na you da man though. Sicillians and the whole of Southern europe and soon to be lower 48 were spawned by niggers. I'm 26. fuck these boomer assholes.

Wed, 01/02/2013 - 04:56 | Link to Comment Marginal_Futility
Marginal_Futility's picture

Totally random comment about Sicilians? What gives holmes?

Wed, 01/02/2013 - 05:41 | Link to Comment perchprism
perchprism's picture

 

He told you already----he's 26.

 

Wed, 01/02/2013 - 11:18 | Link to Comment caconhma
caconhma's picture

This article makes me laugh my ass off: $4T additional deficit in the next 10 years!? WOW!

I would not be surprised to see it al least 10 times as high.

Wed, 01/02/2013 - 12:04 | Link to Comment Overfed
Overfed's picture

Yes. $ 4trillion moar on top of the other ~$12 trillion that will be accumulated on the debt over the next decade for a grand total of another $16 trilllion. At least.

Wed, 01/02/2013 - 07:01 | Link to Comment HardAssets
HardAssets's picture

I just wasted 15 seconds reading The Boners statement. I knew what the damned politician was gonna say beforehand - why read it ?

It comes down to "The American people get screwed over by the insiders . . . again."

It'll keep going like this . . . . till one day it crashes. And then theyll be ready with their next 'solution'.

Wed, 01/02/2013 - 01:09 | Link to Comment Mentaliusanything
Mentaliusanything's picture

No its a true fact ....The Hoover Dam was built over five years from 1930 - 1935.When full its reservoir holds 9.2 trillion gallons of water 

Take a look you bone(er) heads.

Facts are such a bitch

come in the waters FINE BITCHES

Oh and Fuck you Bernake!!!!!

Would it be sarcastic to say start bailing 2 Hover dams Full.... Fuck me America likes work but ....

"This is insane"

Wed, 01/02/2013 - 01:27 | Link to Comment a growing concern
a growing concern's picture

Looks like you picked the wrong week to stop sniffing glue.

Wed, 01/02/2013 - 01:33 | Link to Comment Mentaliusanything
Mentaliusanything's picture

It was not glue. I gave up the booze and craved water.. Lots of water ... so as you see, Water is Wet Facts are Facts and your up shit creek in a barbed wire canoe without a snowballs chance in Hell of bailing this out.

Wed, 01/02/2013 - 01:56 | Link to Comment philipat
philipat's picture

I disagree. I think it is actually quite a smart strategy. The Repubs cannot be accused of a tax hike on most Americans and can argue that they have done the right thing for the country. They can now gain the high ground for the Debt ceiling debate. The Repubs position should be, we went along with your tax hikes, now we need the spending cuts. No cuts, no incease in the debt ceiling. Either way, start cutting.

And don't call me Shirley....

Wed, 01/02/2013 - 04:01 | Link to Comment Lore
Lore's picture

..."meaning significant spending cuts"..."start cutting"...

Beginning with the F-35 program and bringing the troops home? 

Wed, 01/02/2013 - 06:22 | Link to Comment philipat
philipat's picture

Yes, I certainly agree that "Defence" (Against whom?) cuts should be part of the mix. The Defence budget is so large that I'm sure 10-20% cut be taken out with very little effort and without cutting into viablity.

Wed, 01/02/2013 - 09:06 | Link to Comment Burr's 2nd Shot
Burr&#039;s 2nd Shot's picture

It is spelled with an "s" in the country where the cuts will actually occur, comrade.

Wed, 01/02/2013 - 11:08 | Link to Comment philipat
philipat's picture

The US would actually appear to be the biggest Socialist State these days, certainly in terms of the scale of welfare spending. With a Marxist President, I suppose that should come as no surprise?

Other than that, learn ENGLISH. Comrade. That is MY language NOT yours. Should you wish NOT to make cuts to all items, including defenCe and go bankrupt, please go ahead. It was just a friendly suggestion. That is how Reagan bankrupted The USSA. Sorry, USSR.

 

http://grammarist.com/spelling/defence-defense/

Wed, 01/02/2013 - 14:18 | Link to Comment Burr's 2nd Shot
Burr&#039;s 2nd Shot's picture

My apologies for being inarticulate. What I meant to say was:

Save your opinions on how my government spends my tax dollars, and worry about your own country's impending bankruptcy. It doesn't matter which "c for s substituting" country you live in, they are all collapsing under the weight of their social programs. You may also wish to consider what an omnipresent US military power allows in terms of reduced spending by your own government, and the impact removing such a presence will have on your economic security.

Wed, 01/02/2013 - 17:55 | Link to Comment Lore
Lore's picture

 

 

Considering the proliferation of US bases and military projection planet-wide, 'Offense' seems equally pertinent, in the spirit of Orwell's "War is Peace, Freedom is Slavery, Ignorance is Strength": Offence is Defense.

More importantly, the matter of funding all that stuff at this juncture seems more like a RISK to national security than a MEANS.  But that's assuredly a matter for better minds than mine.

Wed, 01/02/2013 - 07:18 | Link to Comment Lucius Corneliu...
Lucius Cornelius Sulla's picture

I think it was a decent move in the chess game.  It really doesn't matter what is done at this point.  Whether by spending cuts or out of control debts, a recession is baked in the cake.  The key point is that whomever is in power will be blamed for it.

Wed, 01/02/2013 - 02:00 | Link to Comment ball-and-chain
ball-and-chain's picture

To Boehner's credit, he hasn't had a good cry lately.

What happened?

That guy used to tear-up if the wind blew too hard.

http://www.angrysinner.blogspot.kr/2013/01/yesterday-dragon-lady-made-beef-and-egg.html

Wed, 01/02/2013 - 06:11 | Link to Comment Snoopy the Economist
Snoopy the Economist's picture

((Shirley you can't be serious...))

"Yes I'm serious...and don't call me Shirley".

Wed, 01/02/2013 - 00:43 | Link to Comment ACP
ACP's picture

Fuck you Boner.

Wed, 01/02/2013 - 00:49 | Link to Comment wee-weed up
wee-weed up's picture

Boner, you impotent bastard!

Wed, 01/02/2013 - 00:57 | Link to Comment ACP
ACP's picture

Here's the translation:

“The federal government has a spending problem that has led to a $16 trillion national debt that threatens our country’s future. But because of the fact that I am a big pussy, and frankly because of the fact that it's not in my best interests to do the right thing, I have decided to push Americans farther down the slippery slope in order to further my political career. The American people re-elected a Republican majority in the House in order to attempt to at least stabilize the national debt, but since printing more money and bribing our cronies and non-working constituents is all we and the Democrats know, we will stay the course and I will personally punish anyone who dares disagree with me. I am humbled by the opportunity to steal from, and destroy the citizens of the United States. If you don't like it, you can suck my dick."

Wed, 01/02/2013 - 08:59 | Link to Comment Max Hunter
Max Hunter's picture

Getting screwed by the false left/right paradigm.. Who'd of thunk it?

Wed, 01/02/2013 - 01:04 | Link to Comment Unprepared
Unprepared's picture

Impotent or premature?

Wed, 01/02/2013 - 01:51 | Link to Comment wee-weed up
wee-weed up's picture

All bone - no jizz!

Wed, 01/02/2013 - 05:16 | Link to Comment Disenchanted
Disenchanted's picture

 

 

A simple question...was the Senate bill a raising revenue bill?

 

All Bills for raising Revenue shall originate in the House of Representatives; but the Senate may propose or concur with Amendments as on other Bills.

 

from Article 1 Section 7 US Constitution

 

Seems to me this whole charade was Constitutionally bass-ackwards.

Wed, 01/02/2013 - 06:46 | Link to Comment yourfather
yourfather's picture

not being a constitutional lawyer, and not being an american, but doing what most americans havent done and spend maybe 5 minutes of my day reading the bill 

 

basically it extends the bush tax cuts, but lets certain things expire.

 

It's not raising revenue, as that would be what occurs if they let it expire - they introduce the American taxpayer relief act 2012 and they call it permanent extension and modification of 2001 and 2003 tax relief - bingo, no raising revenue because they aren't introducing a new tax, they are just letting a specific instrument of legislation exlude 400Ksingles/450Kfamilies from the tax relief.

 

http://www.politico.com/story/2013/01/fiscal-cliff-bill-full-text-85644.html

Wed, 01/02/2013 - 08:37 | Link to Comment Disenchanted
Disenchanted's picture

 

 

Thanks for your reply. I guess it's all a matter of how you interpret it. Some parties seem to think it does raise revenue:

 

 

Camp's counterpart, ranking Democrat Sandy Levin (D-Mich.), hailed the precedent-breaking move of House Republicans to back higher tax rates.

"This legislation breaks the iron barrier that for far too long has prevented additional tax revenues from the very wealthiest," Levin said. "It raises $620 billion in revenue by achieving the President's goal of asking the wealthiest 2 percent of Americans to pay more while protecting 98 percent of families."

 

from: http://thehill.com/homenews/senate/275101-senate-fiscal-cliff-deal-in-tr...

Wed, 01/02/2013 - 10:42 | Link to Comment Abaco
Abaco's picture

Dipshit Levin. The gov doesn't "ask" anyone to do anything.  They put a gun to your head and say gve us your money.  If you refuse we will put you in a cage.  If you resist we will shoot you.

Wed, 01/02/2013 - 08:45 | Link to Comment odatruf
odatruf's picture

It did start in the House. The bill number - HR 8 - tells you that. The way things work, there is no real barrier to the Senate going first however.

Wed, 01/02/2013 - 09:06 | Link to Comment Disenchanted
Disenchanted's picture

 

 

Did it not become HR8 AFTER arriving from the Senate?

 

Oh I see what they've done here...the US Senate took a House Bill introduced back in July of 2012 and then worked in their little magic deal. Getting around the Article 1 Section 7 requirement.

 

H.R.8
Latest Title: American Taxpayer Relief Act of 2012
Sponsor: Rep Camp, Dave [MI-4] (introduced 7/24/2012)

http://thomas.loc.gov/cgi-bin/bdquery/z?d112:h.r.8:

 

cute...I really shouldn't be suprised though.

Wed, 01/02/2013 - 09:54 | Link to Comment Disenchanted
Disenchanted's picture

 

 

I don't give a damn what sort of flim flam misdirection bullshit they use, as far as I'm concerned what happened over the last couple of days will raise revenue and it originated in the Senate.

Wed, 01/02/2013 - 00:53 | Link to Comment Anusocracy
Anusocracy's picture

Of course he issued a statement.

He couldn't say it because he was choking on a mocha colored schlong.

Wed, 01/02/2013 - 01:18 | Link to Comment ACP
ACP's picture

The Boner needs to learn how to negotiate. If he worked for SmartTech, they'd be outta bidness by now:

http://www.youtube.com/watch?v=DmYkt2RkhsI

Wed, 01/02/2013 - 02:14 | Link to Comment Larry Dallas
Larry Dallas's picture

Fuck this guy Boehner.

What a pussy.

Wed, 01/02/2013 - 00:43 | Link to Comment JamesBond
JamesBond's picture

The Cave Party  =  The GOP

Wed, 01/02/2013 - 01:24 | Link to Comment lunaticfringe
lunaticfringe's picture

The GOP is dead money. Like zombies- they and their party faithful just haven't figured it out yet.

Slow learners I suppose. http://thecivillibertarian.blogspot.com/2013/01/gop-folds-like-cheap-sui...

Wed, 01/02/2013 - 01:28 | Link to Comment vato poco
vato poco's picture

They're all scumbag croks, but I really get offended when someone like Boner gets close to power - of any kind. The guy is a lightweight, drop-case, chrome-plated candyass pussy. Shit, he couldn't be doing a better job for the "opposition party" (LOL) if they put him there themselves. And it ain't like no one could have seen this coming, right? Boner *IS* the guy who bursts into tears over....well....over ANYthing, apparently. A warm spring breeze, a particularly poignant haiku, the House cafeteria being out of Ovaltine or graham crackers, some democrat - ANY democrat - saying unkind things about him.....Such a gentle soul he seems to be. Too beautiful for this ugly world, really.

So naturally, the GOP elected him Speaker. Clueless halfwits led by flaming pussies: your GOP in action. The Dems are _scum_ to be sure, even more foul than the GOP, but at least they try hard to get what they want. (i.e., the complete destruction of the USA & its middle class to please their corporate/banking masters.)

Boner and his entire party reminds me of nothing so much as the moronic submissive housewife/biker chick who is shocked - shocked! - to find the vid of her husband's buddies gangbanging her all over the web. "But they promised no one would see it!!" It's like that.

Wed, 01/02/2013 - 05:40 | Link to Comment mt paul
mt paul's picture

link for video please....

Wed, 01/02/2013 - 01:38 | Link to Comment Harbanger
Harbanger's picture

Funny how Obama and Harry Reid created the fiscal cliff but now it's spun into the GOP's fault.  Rope-a-dope anyone?

Wed, 01/02/2013 - 00:44 | Link to Comment Tsunami Wave
Tsunami Wave's picture

John Boehner, I hope you lose your speakership and cry about it all night long.

Wed, 01/02/2013 - 00:52 | Link to Comment SHEEPFUKKER
SHEEPFUKKER's picture

J. Boehner needs some tissues for his issues

Wed, 01/02/2013 - 01:05 | Link to Comment Anusocracy
Anusocracy's picture

Socialists to the left of me, fascists to the right, here I am, stuffed in the middle again.

Wed, 01/02/2013 - 01:39 | Link to Comment TBT or not TBT
TBT or not TBT's picture

Fascism is of the left, not the right.   It is a nationalistic flavor of socialism.

Wed, 01/02/2013 - 01:59 | Link to Comment Raymond K Hessel
Raymond K Hessel's picture

What?  I'm drunk but not THAT drunk.

Wed, 01/02/2013 - 03:46 | Link to Comment Harbanger
Harbanger's picture

He's right.  As an economic system, fascism is socialism with a capitalist veneer.  Many people are misinformed about what fascism is.  Here's an explanation of fascism from the library of economics and liberty.

http://www.econlib.org/library/Enc/Fascism.html

Wed, 01/02/2013 - 13:28 | Link to Comment Anusocracy
Anusocracy's picture

Egalitarianism (proto-socialism) existed in hunterer-gather tribes. Fascism didn't develop until city-states developed where people could create wealth and government could control and use that wealth.

Socialism was the organized response of the hunter-gatherer mind to the hierarchical power structure of developing states: hunter-gatherer alpha-males are control freaks, too.

They are related, but they developed in different cultures and are based on differences in morality. They are the equivalent of different 'species'.

Socialism is more likely a nationalistic flavor of fascism.

Wed, 01/02/2013 - 17:59 | Link to Comment TBT or not TBT
TBT or not TBT's picture

Your last sentence is jsut exactly what I said...    For the rest, yeah our brains are social justice computers designed in hunter-gatherer times, more so for female typical brains than male ones, but it's there in both.   Legitimacy of power.  Fairness.   Property rights.   Etc.

Wed, 01/02/2013 - 22:47 | Link to Comment Anusocracy
Anusocracy's picture

You had the order reversed.

Sun Tzu said know yourself know your enemy, kick butt all the time.

I think that is the way to figure out how to undermine the power structure.

Wed, 01/02/2013 - 01:40 | Link to Comment Bunga Bunga
Bunga Bunga's picture

More like squeezed because the central planners are already in the middle.

Wed, 01/02/2013 - 01:41 | Link to Comment t0mmyBerg
t0mmyBerg's picture

You have it backwards.  Fascism will come from the left.  Nothing except perhaps Theocracy is to be feared from the right.  In electing the bolshevik wannabe Obama with his campaign slogan actually lifted right from Comrade Vladimir Ilyich Lenin himself (Forward! Comrades) and a democratic convention that was all agog in its singular pursuit of the glorification of the State, America has become like Japan, a nation that has decided to kill itself for no apparent reason.  I stand aside now and laugh out loud though with sadness and frustration inside.

Wed, 01/02/2013 - 02:15 | Link to Comment CrockettAlmanac.com
CrockettAlmanac.com's picture

Fascism is a symptom of government plain and simple. Start up a government, let the elite class manipulate and collude behind the scenes and then in plain view and there you have it.

Wed, 01/02/2013 - 18:00 | Link to Comment TBT or not TBT
TBT or not TBT's picture

A demagogue has to have a demos, so, FAIL.

Wed, 01/02/2013 - 01:07 | Link to Comment Unprepared
Unprepared's picture

... but keep his saffron tan to be easily identified when the SHTF.

Wed, 01/02/2013 - 00:44 | Link to Comment j-dub
j-dub's picture

Happy New Year America!!!!<sarc off>

Wed, 01/02/2013 - 00:47 | Link to Comment GtownSLV
GtownSLV's picture

Annual deficits of $1 trillion plus a year over 10 years equals $4 trillion addition to the debt... I like the math. Well done congress.

Wed, 01/02/2013 - 06:52 | Link to Comment yourfather
yourfather's picture

i voted this down only because the 4 trillion (3.97 actually) they're specifying is now the revised projection on new budget deficits after the passing of the act. So what was a 1+ trillion deficit also gets 3.97 amortized over 10 years added to it

This is based on CBO forecasts, which we know are about as accurate as a drunk blind man playing darts aiming for a bullseye, but you're blaming the wrong people.

 

 

Wed, 01/02/2013 - 00:45 | Link to Comment Rompoculos
Rompoculos's picture

What kind of rat bastard psychotic would play that song right now, at this moment? 

Wed, 01/02/2013 - 00:49 | Link to Comment Sylvia Plath
Sylvia Plath's picture

A republican!

Wed, 01/02/2013 - 00:51 | Link to Comment j-dub
j-dub's picture

Uhhhhmm-a politician.  That's who.

Who else?

Wed, 01/02/2013 - 01:01 | Link to Comment FreeMktFisherMN
FreeMktFisherMN's picture

sure, now it is the time to focus on spending, naturally right after the Congress' feet were actually somewhat to the fire of fiscal integrity but they passed the stopgap measure and they've bought two months wherein 'we're saved, like Greece'. More panem et circenses and I'm sure it will be patriotic and expedient to raise the  debt ceiling, because everyone knows the only way to maintain a facade of solvency is to go further into debt.

Boehner is a RINO and I wouldn't be surprised if he were in one of these masonic/knights of templar satanic clubs. He's a catholic and catholics are not Christians. Bible is the truth. There is no 'purgatory,' and the very idea implies that Christ's atonement was not sufficient. And the Catholics teach idolatry and marianic worship when she was a sinner just like you and me. Confess your sins to God. Salvation is through faith in Jesus Christ alone. Get out of that damnable church and turn to the Bible. 

Wed, 01/02/2013 - 01:03 | Link to Comment AlaricBalth
AlaricBalth's picture

Every time I walk into church (yes, catholic) and I see Jesus hanging from that cross, the first thing that comes to mind is, this is what happens when you fuck with the bankers.

At least Jesus had balls, Boehner and the RINO's do not.

Wed, 01/02/2013 - 01:12 | Link to Comment FreeMktFisherMN
FreeMktFisherMN's picture

Friend, I urge you to get out of that church. Christianity is believing in Christ that we might be saved. Everything prophecied in the Bible is coming to fruition. I take heart knowing that Christ already giveth us the victory. It will get uglier and uglier temporarily in Satan's momentary reign on this Earth, but Christ will return for His own. 

Be vigilant of deception with all these ecumenical movements from those who pervert the Gospel of Christ. These things are already occurring.  

Wed, 01/02/2013 - 01:24 | Link to Comment AlaricBalth
AlaricBalth's picture

All the best to you, FreeMkt Fisher of Men.

Wed, 01/02/2013 - 04:04 | Link to Comment Raymond Reason
Raymond Reason's picture

+1

Wed, 01/02/2013 - 01:26 | Link to Comment weyes1
weyes1's picture

Jesus Christ, man...

Wed, 01/02/2013 - 01:57 | Link to Comment TPTB_r_TBTF
TPTB_r_TBTF's picture

 

 

The typical Christian response:

 

  • kneel down,
  • wait for a mythical hero-figure to fix things.
Wed, 01/02/2013 - 03:43 | Link to Comment Spigot
Spigot's picture

Ah! Another hideously ignorant slight. Missed by a mile, though. Tsk!

Wed, 01/02/2013 - 07:27 | Link to Comment Dr.Engineer
Dr.Engineer's picture

Jesus had the moral strength to turn over the money changers in the temple who were fleecing the people.  Oh that we Christians had enough of the Holy Spirit to do that.

Please don't mistake our weakness for our leader's strength.

Wed, 01/02/2013 - 14:09 | Link to Comment TPTB_r_TBTF
TPTB_r_TBTF's picture

It is such a shame that an otherwise-peaceful Jesus resorted to this act of violence, and even then, didn't really solve anything...

What is missing from ZeroHedges-favorite-Jesus-story:

'did the money changers come back the next day, or not?'

This act of violence is a blemish on his record, tsk.

But Dr., you are right, leadership is what is missing, from whatever camp.

Wed, 01/02/2013 - 11:35 | Link to Comment Abaco
Abaco's picture

Ignorant Mofo. You don't know what you think you know.

Wed, 01/02/2013 - 15:19 | Link to Comment TPTB_r_TBTF
TPTB_r_TBTF's picture

Not only that ...

I also donT know what you think you know!

Wed, 01/02/2013 - 01:16 | Link to Comment tickhound
tickhound's picture

That's not a real strategy, is it?

Wed, 01/02/2013 - 01:54 | Link to Comment ceilidh_trail
ceilidh_trail's picture

Freekmtfishermn- u r a bigot. Can u unnerstand wot i rite? God save your hateful soul.

Wed, 01/02/2013 - 00:50 | Link to Comment oldman
oldman's picture

Humbled by a lack of intelligence and fortitude-----SOS

But still I am amazed  at how they caved in so quickly---these dudes should be called the Rabbit Party!    Go ahead---vote again in the next election and the next    om

Wed, 01/02/2013 - 00:47 | Link to Comment JamesBond
JamesBond's picture

We are all 'cave' dwellers now

 

http://www.youtube.com/watch?v=0ZAmmIMzgRs

Wed, 01/02/2013 - 00:47 | Link to Comment fonzannoon
fonzannoon's picture

well i feel better now.

Wed, 01/02/2013 - 00:48 | Link to Comment TheLooza
TheLooza's picture

Someone needs to slap boner around a bit.

Wed, 01/02/2013 - 00:47 | Link to Comment ShortTheUS
ShortTheUS's picture

So they won't go over the cliff, which would have led to a mild recession. Instead they'll threaten to not raise the debt ceiling, which will lead to default, downgrades, a currency crisis, stock market crash, mass unemployment, civil unrest, and a much deeper recession?

 

This nation is done for...

Wed, 01/02/2013 - 00:51 | Link to Comment barliman
barliman's picture

If you are trying for sarcasm, always remember to use the /s tag.

If you believe any of the Kabuki theater from the last month would have in any way prevented your litany of doom ...

... seek professional mental help.

Wed, 01/02/2013 - 00:54 | Link to Comment Temporalist
Temporalist's picture

"seek professional mental help"

That's why I come to ZH

Wed, 01/02/2013 - 03:29 | Link to Comment John_Coltrane
John_Coltrane's picture

But there is a difference and its all about power.  That's all you have to remember about politicians-they want to be in power.  Polls consistently show people hate any increase in taxes but hate any increase in national debt even more (i.e. Sheep like a free lunch but don't realize they are the lunch).  So when that debt vote comes up it is much easier to vote no-even in the Senate.  People need to understand that if you want a lot of government you have to pay for it one way or another (i.e. taxes and/or inflation (money printing/debt). 

Wed, 01/02/2013 - 00:49 | Link to Comment HANKREARDON
HANKREARDON's picture

Breaking: Libertarian Party numbers surge (for obvious reasons)

Wed, 01/02/2013 - 01:30 | Link to Comment WTFUD
WTFUD's picture

Daaaah the only thing that surprises me 'bout you libertards is your surprise.

Now you can hang on to those muskets but hand over the Ammo less one bullet per member of household.

Eric Holdemupitty Holder

Wed, 01/02/2013 - 02:20 | Link to Comment CrockettAlmanac.com
CrockettAlmanac.com's picture

Dumbass.

Wed, 01/02/2013 - 00:49 | Link to Comment barliman
barliman's picture

As always the acerbic Mark Twain said it best,

"History doe not repeat itself ... but it does rhyme."

Not since Neville "Peace in our time" Chamberlain has any politician revealed himself to be such a dick-sucking, clueless idiot as John "Bone me again!" Boehner has in the past month.

I will presume, consistent with his usual behavior, Speaker Boehner was weeping uncontrollaby while issuing this statement.

Wed, 01/02/2013 - 01:08 | Link to Comment ZeroAvatar
ZeroAvatar's picture

Right!  And Zerobama had dry tears of joy!

Wed, 01/02/2013 - 02:01 | Link to Comment Raymond K Hessel
Raymond K Hessel's picture

You fucking nailed it.

 

Boehner is the Neville of our time.. HOLY SHIT!

How did I not see it!!!

Wed, 01/02/2013 - 00:49 | Link to Comment fonzannoon
fonzannoon's picture

when do the downgrades come? when do those pussy ass ratings agencies speak up. come on bitches, your turn.

Wed, 01/02/2013 - 00:51 | Link to Comment Angry White Dude
Angry White Dude's picture

They don't. Part of the propoganda machine. See, e.g., Enron, Bear, Lehman, etc.

Wed, 01/02/2013 - 01:03 | Link to Comment michiganmaven
michiganmaven's picture

Every time they do a "downgrade" now their offices get raided and they all get arrested...

Wed, 01/02/2013 - 01:40 | Link to Comment SaveTheBales
SaveTheBales's picture

So, if I have this straight, these guys are too dumb to know when to leave town, but they're going to tell us which investments are safe to buy?  That's nice.  Gimme the gold.

Wed, 01/02/2013 - 00:50 | Link to Comment holdbuysell
holdbuysell's picture

Recently from http://www.theburningplatform.com/:

Kyle Bass recently revealed a fact about our government leaders:

“They’re not going to tell you that a collapse is coming. You’re going to have to see it for yourself. The government’s never going to tell you that it’s going to happen. These guys are never going to tell you the truth, because they can’t tell you the truth. Their job is to promote confidence, not to tell you the truth.”


Wed, 01/02/2013 - 01:13 | Link to Comment Jacque Itch
Jacque Itch's picture

"When it becomes serious, you have to lie".

Jean-Claude Juncker

Wed, 01/02/2013 - 00:51 | Link to Comment spyware-free
spyware-free's picture

Michael Corleone for House leader.

"You can have my answer now Senator...my offer is nothing. And I would appreciate it if you personally picked up the fee for the gaming license"

Wed, 01/02/2013 - 00:51 | Link to Comment HANKREARDON
HANKREARDON's picture

The GOP left their balls, guts, brains (if any), pride at home.   Did Beohner have to kneel and kiss a ring or was this bill the moral equivalent? 

 

 

What an ass.

Wed, 01/02/2013 - 00:56 | Link to Comment HaroldWang
HaroldWang's picture

And now they're all shocked that Congress won't vote on Sandy relief bill passed by Senate. I guess they don't get the way it works. How many were told "vote yes on Fiscal Cliff and you'll get your relief"? Sorry, but you been had.

Wed, 01/02/2013 - 00:56 | Link to Comment CrashisOptimistic
CrashisOptimistic's picture

So does anyone IN THE FUCKING UNIVERSE think Boehner will hold out for his spending cuts and push the US into default at the end of February?

This is the problem with caving.  Your opponent CAN'T KNOW if you're serious . . . ever.  Even if he was willing to hold out at the end of February and push things in to default, the Democrats won't believe it.  He has established a precedent now and made it hugely dangerous to actually mean what he says.  They Can't Believe Him.  We WOULD default simply because they would not believe him.  They'd wait for the cave in.

Wed, 01/02/2013 - 00:59 | Link to Comment fonzannoon
fonzannoon's picture

Crash it's time for your epiphany.....there is no red team or blue team....it's just one team. Go ahead...take a moment. close your eyes...take some deep breaths....and let it happen. 

Wed, 01/02/2013 - 01:33 | Link to Comment knukles
knukles's picture

It's officially all over.

Wed, 01/02/2013 - 01:08 | Link to Comment JamesBond
JamesBond's picture

case in point -

obama has already come out saying he wont debate the debt ceiling issue

 

jb

Wed, 01/02/2013 - 01:35 | Link to Comment HurricaneSeason
HurricaneSeason's picture

Grover Norquist said it was ok for them to pass the bill. He said Boner's plan B would have been ok too.  Grover says when the time comes for the debt ceiling, they can release small amounts of money at a time to get their cuts.  This Grover dude is on the council on foreign relations membership list. I noticed Ron Paul and George Bush II aren't on the membership list, if it is up to date.  Maybe Grover ranks quite a bit higher with the bankers than your average congressman.

Wed, 01/02/2013 - 01:02 | Link to Comment Stonedog
Stonedog's picture

Spineless cretins in both parties...

Wed, 01/02/2013 - 01:16 | Link to Comment Anusocracy
Anusocracy's picture

But we need world-fixers to fix the world the world-fixers are destroying.

Wed, 01/02/2013 - 01:02 | Link to Comment michiganmaven
michiganmaven's picture

so does this mean he will take Viagra and actually hold the principles that people elected him for? Or will he cave again like a limp dick? 

Wed, 01/02/2013 - 01:03 | Link to Comment HD
HD's picture

The only thing GOP was good for was being obstructionist and they can't even that do that right.  Worthless - every damn one of them.

Wed, 01/02/2013 - 01:04 | Link to Comment inevitablecollapse
inevitablecollapse's picture

••• --- •••

Wed, 01/02/2013 - 02:04 | Link to Comment Raymond K Hessel
Raymond K Hessel's picture

If you are what I think you are,

then you'll know when to listen

when to shut up 

and when to pray.

Wed, 01/02/2013 - 02:11 | Link to Comment Raymond K Hessel
Raymond K Hessel's picture

Am I the only one watching "Die Hard" right now???

Wed, 01/02/2013 - 02:37 | Link to Comment Konami Code
Konami Code's picture

Boehner to Obama: Barry, bubbie... I'm your white knight.

Wed, 01/02/2013 - 01:05 | Link to Comment IridiumRebel
IridiumRebel's picture

So many preps.
So little time.

Wed, 01/02/2013 - 01:06 | Link to Comment fonzannoon
fonzannoon's picture

Did the repubs just do what a lot of us have been saying they should do all along? are they giving O everything he wants? Maybe they know that the faster we drive the bigger and sooner the crash happens? 

Nah...they just totally suck.

Wed, 01/02/2013 - 01:20 | Link to Comment Dr. Engali
Dr. Engali's picture

They do suck. It really blows to know that there is absolutely no representation for 49% of the country. The republican-democrat party were originally a single party and ,while they pretend to be different, they remain so today.

Wed, 01/02/2013 - 01:31 | Link to Comment knukles
knukles's picture

They don't wanna go to the Never-ending Summer Camp of Re-educational Fun #7, either.

Wed, 01/02/2013 - 01:06 | Link to Comment q99x2
q99x2's picture

Let's see if I got this right. You raise taxes on the poor by $620 billion and you give 4 trillion dollars to the NWO (I assume they can easily rehypothecate the 620) you jump off a cliff and you float up.

There is going to be a helium shortage.

Wed, 01/02/2013 - 01:07 | Link to Comment Angry White Dude
Angry White Dude's picture

Is anyone really surprised here? To me, this is actually a good sign that we're circling the drain at increasing velocity. The show Congress is able to put on is getting down to the "two" sides arguing over changes at the margins that have the effect of looking like each side is fighting for its half of the rabble but in reality have no meaningful impact on the systemic problems. 

Entitlement spending simply cannot be cut in a meaningful way unless and until the government has done all it thinks it can do to manage the nationwide civil unrest that will result. Methinks the next step is gun control legislation that will be implemented through IRS reporting requirements that will be designed to be incredibly offensive to people in the hopes that people will defy them, thereby setting up an expeditious means by which large swaths of the population will become convicted felons a-la Al Capone, and therefore unable to legally own guns. It will be the perfect Catch-22 - follow the law and give the gov't a laundry list of your guns so they can easily go door to door and confiscate them, or lie about ownership and become an outlaw with a felony record.

 

Wed, 01/02/2013 - 01:20 | Link to Comment Anusocracy
Anusocracy's picture

The GOP is circling a brown hole.

Wed, 01/02/2013 - 01:10 | Link to Comment Amused2Death
Amused2Death's picture

They were all afraid of the "Markets" reaction, what does that tell you?  They can give less fuck about you and me, about spending and taxes, they can give less fuck about anything and everything in the universe except their only and true god - the markets!  We're fucked, they have us by our balls.  If you can't fight them, might as well join them....

 

 

Wed, 01/02/2013 - 01:21 | Link to Comment weyes1
weyes1's picture

You get a +1 for your moniker.

Go Postman.

Wed, 01/02/2013 - 01:27 | Link to Comment adr
adr's picture

Join them with what? A meager savings account invested in momo shit like Netflix? Watch the bullshit go to $200 and double my money?

Like doubling my savings will help if I lose my job. It will last maybe a year or so. Then what? Invest pennies I find on the street? Finding another $65k a year job is virtually impossible outside going to medical school and going $150k in debt to work 80 hours a week cleaning up the shit of cancer patients, which isn't my idea of a good job.

You play a fools game, you can only end up a fool.

Wed, 01/02/2013 - 01:10 | Link to Comment Critical Path
Critical Path's picture

The American people re-elected a Republican majority in the House, and we will use it in 2013 to hold the president accountable

 

Or do you mean, roll over like a dog, Mr. Boehner?

Wed, 01/02/2013 - 01:19 | Link to Comment JamesBond
JamesBond's picture

he means bend over like a prison bitch

 

jb

Wed, 01/02/2013 - 01:13 | Link to Comment Temporalist
Temporalist's picture

OT but more signs of things to come:

Fare warning: It's going to cost more to commute, park in Chicago

"Beginning Jan. 1, drivers will be shelling out more for parking meters in downtown Chicago than any other city in North America.

The cost to park at a metered spot in the Loop will rise to $6.50 an hour from the current $5.75. That’s more than double what people paid to park at meters in the Loop in 2008.

The increase is part of the city of Chicago’s $1.15 billion deal with Chicago Parking Meters LLC. Beginning in 2014, meter increases citywide will be tied to the rate of inflation.

Two weeks later, the Chicago Transit Authority will increase rates on passes used by more than half its bus and rail riders. Seniors, some travelers from O’Hare International Airport, and Soldier Field Express bus riders also will see fare jumps."

http://posttrib.suntimes.com/news/17213011-418/fare-warning.html

 

Re: the tying meter increases to the rate of inflation, if that were the case now then actual inflation is well over 15%

 

Forward!

Wed, 01/02/2013 - 01:20 | Link to Comment Raymond K Hessel
Raymond K Hessel's picture

Chicago...just like NYC...  a shit hole.

 

I want to secede from the USA.  Fuck this govt.

 

Burp...I'm drunk.

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