• Gold Money
    05/26/2016 - 14:27
    Here’s a question that might have you pondering: Is gold a commodity? More importantly, are we doing a disservice to the gold industry by calling gold a commodity? These may sound like silly...

Replaying Chris Christie's Epic Anti-Boehner Meltdown

Tyler Durden's picture




 

Earlier today, in what can only be summarized as an epic meltdown, NJ governor Chris Christie proceeded with an even more epic rant against House speaker John Boehner, in narrow terms, and House Republicans in broader, for killing the $60 billion Sandy Assistance bill, whose funding would have offset one full year of the just legislated tax hikes on the rich which would add $62 billion annually to the Treasury (or alternatively would have been unfundable for the next 2 months while the US struggles to pay its mandatory bills courtesy of having breached the debt ceiling). Alternatively, all Americans could just agree to accept less welfare and entitlement benefits to show their solidarity for New Jersey and fund the recovery of the Tristate area by a "shared sacrifice" instead of going the default route and demanding even more deficit spending - something that would naturally saddle the next generation with even more pain, not the current, far more entitled one - but in this country that is an absolutely ludicrous proposition. Below is a clip of the entire Christie performance which is a must see for sheer indignation entertainment value alone.

While we understand Christie's frustration and escalation in what is obviously a personal vendetta between the two men, as so often happens, much was left unsaid. For example the fact that the proposed bill was also chock full of pork spending such as:

  • $150 million in funding for fisheries in Alaska,
  • $5.3 billion to the Army corps of engineers,
  • $56.8 million for charting the debris from last year's Japanese tsunami,
  • $41 million for eight military bases including Guantanamo Bay
  • $100 million for the federal Head Start day care program,
  • $188 million for new Amtrak lines (not repair, new lines)
  • $20 million for a nationwide "water resources priorities study", 
  • $4 million for the ... Kennedy Space Center?

And others. Some more from the Weekly Standard:

One of the big objections to the bill was that Senate Democrats had filled it with pork.

 

In fact, "Democrats expanded the legislation during a mark-up to include not just areas affected by Sandy, but also to provide money for 'storm events that occurred in 2012 along the Gulf Coast and Atlantic Coast within the boundaries of the North Atlantic and Mississippi Valley divisions of the Corps that were affected by Hurricanes Sandy and Isaac,'" we reported previously.

 

The expansion of the bill was a way to provide a financial incentive for senators from red states--"two Republicans senators from Alabama, Mississippi, and Texas, and the one Republican senator from Louisiana"--to vote for the bill. "The Sandy kickbacks provide an incentive for those Republicans to vote on the bill," we wrote.

Yet, the war may already be lost by Boehner. The Hill reports that the first thing sacrificed by Boehner is what he prized himself in most: one-on-one talks with Obama - those are now over.

Speaker John Boehner (R-Ohio) is signaling that at least one thing will change about his leadership during the 113th Congress: He’s telling Republicans he is done with private, one-on-one negotiations with President Obama.

 

During both 2011 and 2012, the Speaker spent weeks shuttling between the Capitol and the White House for meetings with the president in the hopes of striking a grand bargain on the deficit.

 

Those efforts ended in failure, leaving Boehner feeling burned by Obama and, at times, isolated within his conference.

 

In closed-door meetings since leaving the “fiscal cliff” talks two weeks ago, lawmakers and aides say the Speaker has indicated he is abandoning that approach for good and will return fully to the normal legislative process in 2013 — seeking to pass bills through the House that can then be adopted, amended or reconciled by the Senate.

 

"He is recommitting himself and the House to what we've done, which is working through regular order and letting the House work its will,” an aide to the Speaker told The Hill.

 

The shift could have immediate ramifications as Congress heads into its next showdown over raising the debt ceiling and replacing steep automatic cuts to defense and domestic spending that are now set to take effect in March. It will also impact other presidential priorities like immigration reform and gun control.

 

Republican lawmakers say they expect the House majority to draft and pass its own debt-ceiling proposal, which would then add pressure on the Democratic leadership in the Senate.

 

For Boehner in particular, it will be easier said than done.

What this means is that the debt ceiling debate, which culminates in 59 days, is now open for everyone, and as a result the compromise will be that much more difficult.

Boehner and his aides have said the Speaker remains committed to a principle he first articulated in 2011 — that any increase in the debt limit must be accompanied by spending cuts and reforms that exceed the amount of new borrowing authority.

 

The Speaker is also expected to resist Obama’s push for another increase in taxes to offset the restoration of spending cuts from sequestration. “As far as we're concerned, the tax issue is off the table,” the Boehner aide said.

 

Conservatives, however, are likely to want even more.

 

“I’m looking for dramatic and drastic spending reductions,” Rep. Jeff Duncan (R-S.C.) said Wednesday.

 

The influential editorial page of the Wall Street Journal on Wednesday urged Boehner to “from now on cease all backdoor negotiations and pursue regular legislative order.” Linking to the article, a top adviser to Boehner posted on Twitter: “That’s the plan.”

 

Another aide cautioned that Boehner is not cutting off all contact with the president. "It doesn't mean the Speaker isn't going to meet with the president or talk to the president" when appropriate, the aide said.

 

Duncan said he was encouraged by Boehner’s commitment in recent days to return to “regular order,” saying it was imperative that the House not simply accept bills driven by Democrats in the White House and the Senate.

If anything, the sudden change in Boehner's MO will simply mean that it will be more complicated to mask the fact that when it comes to spending and deficits, the two parties are really one. But if it does indeed lead to more openness and transparency at least the myth of a more democratic process may return for a few more weeks.

It will also make the next season of Congressional theater, that which picks up in 2013 with a focus on the Debt Ceiling where the 2012 Fiscal Cliff season left off, that much more exciting and dramatic. Just as intended.

0
Your rating: None
 

- advertisements -

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.
Wed, 01/02/2013 - 21:17 | 3117142 hankwil74
hankwil74's picture

Price controls had exactly ZERO to do with the fuel shortage.  The issue was that none of the gas stations had power, which made pumping the gas impossible.  There was really no fuel shortage... hundreds of gas stations around the state had plenty of fuel.  It was a "get the gasoline out of the ground" problem.

Wed, 01/02/2013 - 21:55 | 3117271 greyghost
greyghost's picture

it is like talking to a brick wall....once the nonsense story starts....it takes on life of it's own. like all these nimrods thinking what wonder people the insurance companies are....until a major event...like northridge 1994, katrina and now sandy. i wonder what the local stories are in new jersey and new york about how much capital any insurance company has vs. how much liablity that company faces. once the stories start about companies fudging here and there with outragous excuses for not paying off...the grand game is afoot.....which companies have collected premiums for thirty years and now are...shhh broke?

Wed, 01/02/2013 - 22:28 | 3117356 flacon
flacon's picture

For those unbelievers that Governor Chris Christie engaged in PRICE CONTROLS OF GASOLINE, you need to read the following from the Governor himself:

 

"New Jersey's price gouging statute, N.J.S.A. 56:8-107, et. seq., makes it illegal to set excessive price increases during a declared state of emergency or for 30 days after the termination of the state of emergency. 

 

Price increases are deemed excessive under the law if they are more than 10 percent above the price at which the good or service was sold during the normal course of business, prior to the state of emergency."

 

http://nj.gov/governor/news/news/552012/approved/20121027c.html

 

For those who are economically challanged, price gouging is a euphemism for FREE MARKET PRICE. Nobody is holding a gun to your head to buy the gasoline, it is VOLUNTARY exchange. In addition, if the price increases significantly it would drive supply to where the price is highest, thus lowering the price in short order. 

Wed, 01/02/2013 - 19:29 | 3116782 walküre
walküre's picture

Let's get a status update from fonzanoon and a report of how life as they knew it will end w/o the aid package

To be fair, I think it's a disgrace that they haven't made funds available for desaster relief. Has never happened before. Why now? Could be that the country is broke and that all that talk about money is just talk. NJ needs hard dollars and there are none. It's all bullshit.

Sandy wrecked havoc on NJ and NY once and if the funds due to Sandy's destruction aren't flowing, the story could wreck havoc twice.

Truth to be told, I don't think the money is really there. NJ aid package would have to be paid. Like I mean, really be paid out. Not just some balance sheet mumbo jumbo bullshit.

The US cannot afford to pay for the destruction of Sandy. Like the USSR couldn't afford to keep paying for their shit either.

We can all pretend that we have coverage and we have money but when it comes to actually making a payment, the US is going to default. The 60 billion package broke the camel's back.

Wed, 01/02/2013 - 19:37 | 3116802 Al Huxley
Al Huxley's picture

Broke?  What the fuck do you mean?  The FED (or maybe it's 'legitimate foreign and domestic buyers') is able to monetize an infinite amount of spending with NO APPARENT CONSEQUENCE!  Why the fuck not print up an extra 60 billion?  Hell, why not print up an extra 600 billion for that matter?  And who fucking cares what additional riders are attached, monetization without consequence - that's our business, and business is fucking booming!

Wed, 01/02/2013 - 19:57 | 3116881 FEDbuster
FEDbuster's picture

Like writing checks with no money in your account. 

I told my libtard Mom and husband while watching the kabuki last night, that the Republicans should just throw in the damn towel.  Raise the debt ceiling to $100 trillion, $100,000 trillion, whatever.  Hell just let Obama print the fucking money and drop it from Marine One.  Let's go into the shit abyss full speed with a speedball chaser.  They looked at me like I was nuts, but I think they liked the idea.  FORWARD!!!

Wed, 01/02/2013 - 22:13 | 3117318 spinone
spinone's picture

No, its not at all like that.  Your personal budget and the national budget are not the same.  Are you over-symplifying to make your point, or do you really not understand?

Wed, 01/02/2013 - 22:26 | 3117349 FEDbuster
FEDbuster's picture

Yep, I hear lots of that shit like that and this "The trillion dollar deficits are necessary to keep us out of a Depression".  The fucking worst is "Obama and Bernanke know what they are doing, they are well educated". The vomit is coming up in my mouth as I type.

Wed, 01/02/2013 - 23:49 | 3117578 cranky-old-geezer
cranky-old-geezer's picture

 

 

The fucking worst is "Obama and Bernanke know what they are doing, they are well educated".

Amazing how many people on ZH STILL don't get it. 

Yes B&O know what they're doing.  They're looting the country.

You're the ones who don't know what they're doing.

Thu, 01/03/2013 - 00:32 | 3117683 HurricaneSeason
HurricaneSeason's picture

I think it's just like that. The Bernank will loan another $4 trillion for Obama to finish up his term by buying treasury bonds and mortgage backed securities. He's admitting to $85 billion a month, it's more than that. China quit their $30 billion a month buying a couple years ago. We need at least $150 billion a month just for treasuries. The Bernank will lend it to us even though he doesn't have it. Same as writing a bad check.

Wed, 01/02/2013 - 22:24 | 3117344 ZeroAvatar
ZeroAvatar's picture

Gubmint can start a new Reality Series, "The Helicopter Games".  Drop pallets of $100's down onto the waiting plebes.  Let 'em fight over them

like those cats in the Phillipines are fighting over the food drops.

 

I remember one photo of a "Haitian" who was standing over a crowd of food-drop fighters, knife raised and at-the-ready, others looking at him in terror, wondering if he would strike.  

 

We can take bets on different outcomes.  Perhaps we can learn some new survival strategies, like 'King of the Fiat Hill', or something.

Wed, 01/02/2013 - 19:44 | 3116829 fonzannoon
fonzannoon's picture

I could write 5 pages about this. I guess the bottom line is....plenty of places have gotten totally wrecked. There are still lots of people in bad shape. I would like to see them not be in this predicament. Many people however who live by the water and did not get creamed will not learn any lessons here. That goes for the people who got banged up and ended up with insurance payouts. I have not heard one anyone saying "I am outta here, I don't know what I was thinking". I have heard of a few people saying "If this happens one more time...." and a lot of "we will rebuild no matter what it takes"......That irritates me.

You know what though....last night everyone saw that spending cuts are not going to happen. Ever. We are riding this boat to a currency collapse. So they may as well send these guys their money. If you are going to get religious here it's kind of ridiculous.

Wed, 01/02/2013 - 20:02 | 3116896 NotApplicable
NotApplicable's picture

"...send these guys their money."

You're referring to all of the rent-seeking contractors, I'm assuming? If you think there is any aid to be delivered to the little people, well, prepare to be disappointed.

As always, the more aid "you" get, the poorer it will make you.

Wed, 01/02/2013 - 20:08 | 3116923 fonzannoon
fonzannoon's picture

I know people who got money during Ilene. I remember it well from how pissed off I was.

Wed, 01/02/2013 - 20:17 | 3116945 NotApplicable
NotApplicable's picture

And they got maybe a few pennies of every aid dollar. Not enough to make a difference, but just enough to make people mad. All while ignoring where the rest of the dollar went.

Divide and conquer is still functional, I see. ;)

Wed, 01/02/2013 - 20:33 | 3116996 fonzannoon
fonzannoon's picture

I agree with your point. It's all  a bunch of bullshit.

Wed, 01/02/2013 - 21:29 | 3117183 rqb1
rqb1's picture

I think that is their plan

Wed, 01/02/2013 - 21:57 | 3117276 Freddie
Freddie's picture

This guy has been all over the media.

http://www.nydailynews.com/jersey-shore-home-survived-hurricane-sandy-article-1.1228791

He was 250 feet from the ocean.   If you are near the ocean in most areas, you build on stilts.  Still - anything near the ocean in a astorm is screwed.

Wed, 01/02/2013 - 19:46 | 3116837 NotApplicable
NotApplicable's picture

WAT???

Are you aware that money is nothing but an IOU... for MONEY?

In other words, there is no "there" there.

Thu, 01/03/2013 - 01:31 | 3116935 Element
Element's picture

Build a house or city on a barrier Island or sand dune, fail to understand the basics of the environment you live in. Don't heed any number of warnings from worry-wart nerds about how said mound of 'sandy' got there in the first instance, ... lose home full of Ikea catalog stuff ... oh dear! ... whocouldanodeit?!!! ... hey buddy, you wanna buy a sand dune? ... Galveston or Key Largo next ... maybe they'll lose 25k people and finally realize perhaps humans shouldn't have built permanent structures, let alone towns and cities, on coastal sand-spits ... or below sea-level.

The idea everyone else should pay for persistent willful dumbness and failure to face basic facts, is a bit objectionable though. Let them get insurance, if they want to live in such places. But how to pay for it though? ... gee, we can't afford the premium, or no one actually wants to insure my home ... oh man, why is that dude? ... well, dah insurance chicky-babe said dah risk-premium is so fricken high, because the risk is so fricken high. ... whatever can they mean by such cwazy-talk??!!

Maybe we can dupe someone else into paying for it? After all, it's not our fault, and it was completely unforeseeable.

Wed, 01/02/2013 - 21:25 | 3117173 hankwil74
hankwil74's picture

Fuck NJ.  Most of those coastal towns took a beating because the uber-rich people who had houses on the beach wouldn't allow the towns to build dunes to protect the towns in case of a storm like Sandy... because it would have ruined their precious ocean views.  The towns that constructed dunes (Harvey Cedars, Bradley Beach) hardly took any damage.  The towns with a bunch of rich assholes that wouldn't sign the easements allowing the town to build dunes are now the ones requesting disaster relief.  And the assholes that wouldn't sign (like Armando Rienzi) are crying that it's a Constitutional issue... only in America does the "right" of one to protect their ocean view trump the rights of others to be safe from catastrophic property damage and possible loss of life.  What a country!

Wed, 01/02/2013 - 22:01 | 3117194 Freddie
Freddie's picture

+100

You live near the ocean you better get out your check book and pay the city or county to dredge sand onto the beach for protection.   You build near the ocean with no barrier - then call your insurance company.  Even sand barriers are not much protection.

Warren Buffet robs insurance companies to but reinsurance for this type of thing.

Wed, 01/02/2013 - 22:05 | 3117295 greyghost
greyghost's picture

walkure..."like the ussr couldn't afford to keep paying for their shit either". how is it possible to bankrupt a communist country? why did communist ussr go bankrupt and yet communist china survived? was one country not really communist while the other was? does the answer lie with "the money"....who creates it? who controls it? questions questions questions

Wed, 01/02/2013 - 20:45 | 3117031 The_Dude
The_Dude's picture

Did the music just stop and NJ didn't get a chair?

 

Probably not, but maybe a sign that we are getting closer to that time when the band will no longer accept these chits.....

Wed, 01/02/2013 - 21:50 | 3117247 ClassicalLib17
ClassicalLib17's picture

It's called a mancrush on Springsteen.  By his own admission, he has been to close to 100 Springsteen shows.  Saw him once, not impressed.  Saw Jeff Beck once, a  lifetime memory.

Wed, 01/02/2013 - 21:25 | 3117175 foodstampbarry
foodstampbarry's picture

Maybe chubby butt shouldn't have kissed Barry's ring and handed him the election. Payback's a bitch

Thu, 01/03/2013 - 15:07 | 3119530 Jam Akin
Jam Akin's picture

Bingo.

Wed, 01/02/2013 - 19:01 | 3116668 I think I need ...
I think I need to buy a gun's picture

i don't understand what the problem is a couple more billion added onto a few trillion???????

Wed, 01/02/2013 - 19:03 | 3116680 nmewn
nmewn's picture

A billion here, a billion there and pretty soon we're talkin some serious printing ;-)

Wed, 01/02/2013 - 19:21 | 3116759 Bunga Bunga
Bunga Bunga's picture

The smallest amount on Ben's printing buttons is one billion anyway.

Wed, 01/02/2013 - 19:05 | 3116687 Michaelwiseguy
Michaelwiseguy's picture

I agree. The $60 Billion wipes out this years entire tax increase. Lots of mobsters lost their homes. I saw it on Mob Wives. Rack up the debt bitches.

Wed, 01/02/2013 - 19:29 | 3116784 Freddie
Freddie's picture

Tony Soprano's Caddy got a scratch in West Caldwell, NJ and he needs a new one.   What a joke.

All them dead bodies in shallow graves in So Jersey are coming up from Sandy.  We need billions to rebury much of the Bonanno, Lucchessi, Gambino, Genovese and Columbo families.

Tennessee got very bad flood and no one cared.  Mississippi got destroyed in Katrina far far worse than Louisiana and no whining from Miss. 

Christie needs to give everyone in Jersey a pizza and a Yankees cap to make it all better.

Wed, 01/02/2013 - 19:48 | 3116846 NotApplicable
NotApplicable's picture

According to Christie, even Missouri received federal aid after not being hit by a hurricane.

Cuz that's just how we roll!

Thu, 01/03/2013 - 02:41 | 3117875 IrritableBowels
IrritableBowels's picture

Don't you mean a Mets cap?!

Wed, 01/02/2013 - 19:25 | 3116773 smlbizman
smlbizman's picture

i know these guys are on the same team,... but families fight alot...nieghbors fight alot...marriages fight alot....so i think hitting these guys in the their most weakess point, their ego ...being called pussies everywhere they turn...maybe ,just maybe will give the washington generals the balls to finally win one.....of course we will be the ones fucked , just by a different team...  

Thu, 01/03/2013 - 00:22 | 3117665 mkkby
mkkby's picture

True.  But it's still funny to see someone actually weaker than Obama.  And with a name like Boner, he's actually a pussy.

Wed, 01/02/2013 - 20:02 | 3116898 kliguy38
kliguy38's picture

double?? Before this is over they will open up the print machines onto levels that were previously unimagineable......it will be epic....."We will print this supercycle to Hell....and if we fail it will be NOT from lack of our combined efforts to create money".........

Wed, 01/02/2013 - 19:02 | 3116671 SHEEPFUKKER
SHEEPFUKKER's picture

I believe Mr. Christie has consumed his fair share of pork. 

Wed, 01/02/2013 - 19:07 | 3116695 akak
akak's picture

From the look of him, I suspect that his anger actually stems from the cessation of Twinkie production.

Wed, 01/02/2013 - 19:07 | 3116699 nmewn
nmewn's picture

Never trusted him.

They really love that Tammany Hall bullshit up there.

Thu, 01/03/2013 - 02:41 | 3117876 IrritableBowels
IrritableBowels's picture

SCRAPPLE

Wed, 01/02/2013 - 19:04 | 3116683 Freddie
Freddie's picture

Hey Christie - go eat a pizza fat boy.  You are a mega Springsten lover - go ask retard Bruce to do a few more concerts. 

What a joke country filled with Dem gangsters and RINO lackeys.

Wed, 01/02/2013 - 19:18 | 3116753 azzhatter
azzhatter's picture

I swear fat boy has got obama sucking on his stub. What a fucktard. Fuck You Christie

Wed, 01/02/2013 - 20:12 | 3116930 Remington IV
Remington IV's picture

New Jersey is full of SCUM

Wed, 01/02/2013 - 19:42 | 3116821 Larry Dallas
Larry Dallas's picture

Ah yes, Christie was brownnosing with O, and this is what he gets.

All of those democratic voters in NYC and NJ who felt empowered when O came to visit in his bomber jacket, got fooled again.

When will the sheeple learn.

I do, however, (IMHO) expect some last minute push for 50 Billion to go to Sandy victims.

This system isn't working anymore. And when it fails, and it will, Boehner will look like the clown at the circus who delights the audiece by dropping all of the balls in the air he is trying to juggle.

 

Wed, 01/02/2013 - 20:20 | 3116956 nmewn
nmewn's picture

One pork...one Sandy...no side dishes.

"Boehner scrapped plans to bring a $27 billion Sandy relief package, without spending-cut offsets, to the floor late Tuesday night. The move means that the Senate's $60.4 billion Sandy bill will die, and the notoriously slow body will have to start from scratch on a new bill."

http://thehill.com/blogs/on-the-money/budget/275141-boehner-committed-to-passing-sandy-aid-in-jan

To be fair (aside from the fact they're broke) Boehner had Sandy relief cued up and ready to go. But after caving to OMG!!!...the "fiscal cliff"!!! there was no way another nickel would pass the House.

Some of the lesser known fucking pork & debauchery in the "fiscal cliff compromise"...

"The mix of tax perks covering the next year, but with budget implications for the next two years includes everything from incentives for employers to hire veterans to incentives for employers to invest in mine safety. But it also includes these:

  • $430 million for Hollywood through “special expensing rules” to encourage TV and film production in the United States. Producers can expense up to $15 million of costs for their projects.
  • $331 million for railroads by allowing short-line and regional operators to claim a tax credit up to 50 percent of the cost to maintain tracks that they own or lease.
  • $222 million for Puerto Rico and the Virgin Islands through returned excise taxes collected by the federal government on rum produced in the islands and imported to the mainland.
  • $70 million for NASCAR by extending a “7-year cost recovery period for certain motorsports racing track facilities.”
  • $59 million for algae growers through tax credits to encourage production of “cellulosic biofuel” at up to $1.01 per gallon.
  • $4 million for electric motorcycle makers by expanding an existing green-energy tax credit for buyers of plug-in vehicles to include electric motorbikes.

http://abcnews.go.com/blogs/politics/2013/01/fiscal-cliff-deal-also-doles-out-millions-for-hollywood-railroads-rum-producers/

Color me shocked at these craven assholes.

Wed, 01/02/2013 - 19:54 | 3116873 Dingleberry
Dingleberry's picture

So he goes after the unions and on one hand and has in hand out from Uncle Sugar in another. Hmmmmm....

Wed, 01/02/2013 - 20:13 | 3116936 Remington IV
Remington IV's picture

Sounds like the Kennedy family

Wed, 01/02/2013 - 20:19 | 3116958 TeMpTeK
TeMpTeK's picture

I would have donated to NJ sandy relief but that fucker Corzine stole my money

Wed, 01/02/2013 - 20:34 | 3116998 Theta_Burn
Theta_Burn's picture

I think you misread, while the pork may be the sticking point, and by all means there should be outrage attached to the usual stupidity (45mil for tracking debris???) this was a done deal.

The real douche nozzle is JB...take the mans call jerkoff. none of these pcs of shit had any problem coming here to Jersey for the photo op. as bad as some think Christie is hes the best we've had in a long while here.

There is alot of suffering here, and alot of promises were made, but hey that was 2mths ago right?

 

Do NOT follow this link or you will be banned from the site!