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Behold The Horror Of The Sequester... In Context

Tyler Durden's picture




 

Behold the sheer austerity-inducing horror and pure, mortal terror of the, dum dum dum, SEKWESTER!!! Do not pass go and proceed straight to Armageddon.

h/t @Not_jim_cramer

 

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Mon, 02/25/2013 - 16:43 | 3274983 lolmao500
lolmao500's picture

Europe going bust = bullish for US dollar = winning!

/this is what Obamabots believe

Mon, 02/25/2013 - 22:52 | 3276354 WmMcK
WmMcK's picture

+1 - I believe it,  too -- for 3 weeks then the USD goes bust also.

Mon, 02/25/2013 - 16:43 | 3274986 tony bonn
tony bonn's picture

soetoro has channeled the ghost of slick willie - oh the agonizing pain of deceleration but positive velocity....whatever the sequester comes to - and notice the duplicitous term sequester - it will be short lived and nothing but a crippled gnat on an elephant's ass....

Mon, 02/25/2013 - 16:51 | 3275010 100pcDredge
100pcDredge's picture

SEQUOIASTER!

Ah... dendron.

Eh... parvum?

Something.

Mon, 02/25/2013 - 16:52 | 3275017 Catullus
Catullus's picture

What is the percentage of discretionary spending? Probably 10% on a run rate for the next 10 years without any increase in non-discretionary. But that's really the point. The non-discretionary spending is swallowing the discretionary budget whole.

For those who continue to claim this is a revenue issue (New York Times), you couldn't be any more full of shit.

There's a big fight over this not because it cuts discretionary spending over this period, but it also doesn't raise it. No one gets any credit in Washington for keeping the promises made by politicians in the past. It's about building new agencies and promising more and more.

Mon, 02/25/2013 - 16:55 | 3275023 SillySalesmanQu...
SillySalesmanQuestion's picture

The bots and algos can't sell fast enough...Euro and yen tanking, all is red and The Tan Man speaks about the Seskewster in ten minutes. Maybe BonerBrain will spook the markets even more for tommorrow...hehehe.

Mon, 02/25/2013 - 16:55 | 3275028 hugovanderbubble
hugovanderbubble's picture

Long Spanish 2yrs and 5yrs CDS

 

Short Italian Equities

 

Short AXA

 

Remember Spain and Italy will abandon Euro or the Euro has to create THE PARALLEL EURO " B"...

Mon, 02/25/2013 - 18:49 | 3275562 Temporalist
Temporalist's picture

"THE PARALLEL EURO " B" "

Otherwise known as the PoorO

Mon, 02/25/2013 - 16:56 | 3275035 Shizzmoney
Shizzmoney's picture

The size of the sequester cut is about the same as....the annual subsidy the American taxpayer gives to TBTF banks.

LOLOLOLOLOLOLOLOLOLOLOLOLOL

Mon, 02/25/2013 - 17:00 | 3275054 Joebloinvestor
Joebloinvestor's picture

If the sequester means the end of the world as we know it, imagine what will happen if they actually address the DEBT!

"dogs sleeping with cats, utter CHAOS!"

 

HAHAHA

 

BURN BABY BURN

 

What a bunch of fucking nothing.

Mon, 02/25/2013 - 17:07 | 3275084 blu
blu's picture

They cannot ever address the debt.

Ever ever ever ever ever ever ever ever ever ever ever ever ever ever ever ever ever ever ever ever ever ever ever ever ever ever ever ever ever ever ever ever ever ever ever ever ever ever ever ever ever ever ever ever ever ever ever ever ever ever ever ever ever ever ever ever ever ever ever ever ever ever ever ever ever ever ever ever ever ever ever ever ever ever ever ever ever ever ever ever ever ever ever ever ever ever ever ever ever ever ever ever ever ever ever ever ever ever ever ever ever ever ever ever ever ever ever ever ever ever ever ever ever ever ever ever ever ever ever ever ever ever ever ever ever ever ever ever ever ever ever ever ever ever ever ever ever ever ever ever ever ever ever ever ever ever ever ever ever ever ever ever ever ever ever ever ever ever ever ever ever ever ever ever ever ever ever ever ever ever ever ever ever ever ever ever ever ever ever ever ever ever ever ever ever ever ever ever ever ever ever ever ever ever ever ever ever ever ever ever ever ever ever ever ever ever ever ever ever ever ever ever not ever for evar.

Not even for pretend.

It will be global war, and default, and the end of the world first. And only then that will be the end of the debt.

 

Mon, 02/25/2013 - 19:51 | 3275780 MsCreant
MsCreant's picture

Ya know, ya blu titted chick, I hear you. 

The thing is I know you know, yet even as you say it is a bunch of drama to distract, the story that it is a bunch of drama to distract is a distraction too. You know this too, blu.

We all bought into an illusion together. The lifestyle was never sustainable. We all just wanted to stop scurrying around the face of earth in fear that we won't eat and won't live another day. But we have always had to scurry. We are still scurrying. What we are really upset about is that the edges of the set of "The Truman Show" are becoming visible. 

 

 

Mon, 02/25/2013 - 23:42 | 3276493 blu
blu's picture

Look honey I've got 16 feet of wings, 4 trillion computational units (as you so astutely noticed) and I set people literally on fire.

Oh and need I remind that my sister eats people and not in a nice way?

Drama. Yeah I can do drama.

The visual around "The Truman Show" is a good one. It's all just a setup, isn't it?

Mon, 02/25/2013 - 17:07 | 3275082 irie1029
irie1029's picture

FUCK all of DC.  Every soul working in this god forsaken country took a 2% hit this January and these fucks in DC cant find 4% of a bloated ass budget.. I say fire everylast one of the dumbasses.

Mon, 02/25/2013 - 17:10 | 3275101 blu
blu's picture

Yes set them on fire!

I hope that's what you meant. Because you know, if you meant fire them from their jobs they just laugh and go back working in industry and financials for 3X the pay.

Mon, 02/25/2013 - 17:22 | 3275170 The Heart
The Heart's picture

Why does the thought of everything stopping on March 13th come to mind?

All the real preparations of the Babylonians is tell-tale to the fact that they are not getting ready to plant spring gardens as they should be.

One thing is for certain, one would be well advised to listen closely to what Dr. Ron Paul has to say and ask, is he warning people in this quickly arranged interview?

Advance to 46:00 min on this link to the beginning of the short interview.:

http://archives2013.gcnlive.com/Archives2013/feb13/AlexJones/0225131.mp3

Mon, 02/25/2013 - 18:22 | 3275464 sessinpo
sessinpo's picture

The real story  is that maybe the republicans have grown some balls (hopeful but doubtful) and will hold the line.

 

Current stories suggest that no negotiations are taking place and sequester will happen. This is what I meant on the other thread:

Market Plunges As European Crisis Is Back
Which is why I said the election is Italy was not really the story but a good excuse for the drop on the stock indexes. The real battle (as if we haven't had enough) is the budget battle at the end of March which could shut down the government. My thoughts are that Republicans are willing to let sequester go through so in thinking they might scare Democrats in compromising in March.

Mon, 02/25/2013 - 19:11 | 3275624 LawsofPhysics
LawsofPhysics's picture

85 billion per month in direct monetization.  The GOP isn't holding anything but their cocks while they stand around the pig troth waiting for their pork with the dems.  End the fucking fed and fire all federal employees, starting with CONgress.

Mon, 02/25/2013 - 18:22 | 3275465 Lmo Mutton
Lmo Mutton's picture

Where is a drone when you need one?

Mon, 02/25/2013 - 19:44 | 3275756 trebuchet
trebuchet's picture

being reverse engineered in iran

 

post your orders to discountdrones@iran.gov

Mon, 02/25/2013 - 18:25 | 3275478 foodstampbarry
foodstampbarry's picture

Left, Right it's all meaningless. Our system has run it's course. Like every empire before us, the end will be bloody.

Mon, 02/25/2013 - 19:18 | 3275647 Tijuana Donkey Show
Tijuana Donkey Show's picture

The Brit's went quietly.

Mon, 02/25/2013 - 19:44 | 3275753 trebuchet
trebuchet's picture

.............and left the bloody mess in the places they left

Mon, 02/25/2013 - 18:32 | 3275498 Gimp
Gimp's picture

Listen to the politicans and the sequester is worse than the Mayan prophecy!

Babies without milk, old people out on the street dying of hunger, no air traffic controllers, military reduced to nothing, police and teachers all gone...aarrrgh

"Beam me up Scotty, quickly"

Recommend turning off all news meida outlets til' March 2nd to maintain your sanity.

Mon, 02/25/2013 - 18:32 | 3275500 NoWayJose
NoWayJose's picture

This is an easy call - sequester kicks in, both sides point fingers, then pass a big bi-partisan package to restore the cuts!

Mon, 02/25/2013 - 18:37 | 3275519 blu
blu's picture

Dats da troof

Mon, 02/25/2013 - 18:39 | 3275527 Rocket De Stock
Rocket De Stock's picture

Absolutely ridiculous. They call it a "cut" when it really only means " you get a little less than originally ´planned"....so...we are going tocontinue to spend like wild men - just a bit "less spending". Amazing.

Mon, 02/25/2013 - 18:56 | 3275583 blu
blu's picture

And it works! The American people eat it up.

These guys, so smart. Watching them operate is like watching some kind of twisted, deranged genius at work.

Mon, 02/25/2013 - 19:19 | 3275648 Bingfa
Bingfa's picture

Actually, it's not that they're that smart....It's that the sheep are totally brain dead.

Mon, 02/25/2013 - 18:50 | 3275564 abgary1
abgary1's picture

You know your economy is in bad shape when that is all it takes to destroy comfidence.

Mon, 02/25/2013 - 18:55 | 3275579 Kirk2NCC1701
Kirk2NCC1701's picture

I can see it now... Cramer: "There is no such thing as bad publicity.  Bring it on, ZHers!"

Mon, 02/25/2013 - 19:02 | 3275606 blu
blu's picture

They were saying the same thing in France in 1793, watching the rioting peasants setting up those curious looking guillotines, whatever those were supposed to be used for. Whatever keeps them amused, would have been the thinking among the nobles.

Mon, 02/25/2013 - 19:13 | 3275633 trebuchet
trebuchet's picture

would be amazing if uncle ben testified to " go ahead with sekwester folks, its the best thing for the economy - short sharp shock f*k the 800k ending up on the steet, we got it Taylor-ruled.  Tax the corporations some more, get the fiscal down and get people back to real incentives and rewards for hard work, not second guessing what you or fed are trying to do

 

 

 

 

 

Mon, 02/25/2013 - 18:56 | 3275585 Kirk2NCC1701
Kirk2NCC1701's picture

Tyler, ZHers:  How does one send info to Tyler?  Thx.

Mon, 02/25/2013 - 19:00 | 3275601 bunnyswanson
bunnyswanson's picture

Contact Information:

Tips: tips [ at ] zerohedge.com

General: info [ at ] zerohedge.com

Legal: legal [ at ] zerohedge.com

Advertising: ads [ at ] zerohedge.com

Abuse/Complaints: abuse [ at ] zerohedge.com

Mon, 02/25/2013 - 20:22 | 3275862 Captain Benny
Captain Benny's picture

Shh!!! Don't tell them how to submit information ... Tyler only wants information from people intelligent enough to find such obvious information themselves.

Mon, 02/25/2013 - 19:08 | 3275617 LawsofPhysics
LawsofPhysics's picture

85 billion (that we know of) being directly monetized every fucking month.  Fire all federal employees now, starting with CONgress, nothing changes until then.

Mon, 02/25/2013 - 19:21 | 3275658 Everybodys All ...
Everybodys All American's picture

That we know of. No truer words written.

Mon, 02/25/2013 - 20:01 | 3275805 riphowardkatz
riphowardkatz's picture

and then the exact same type of people would be elected. its not the people its the system. why is that so hard to understand? 

 if the communists only had a different leader f&*%

Mon, 02/25/2013 - 19:22 | 3275663 MsCreant
MsCreant's picture

We all already were screwed. Nothing has changed. 

Edit: Bitchez

Mon, 02/25/2013 - 19:44 | 3275754 Tango in the Blight
Tango in the Blight's picture

Austerity is good for the people. Bonuses are good for the bankers.

Mon, 02/25/2013 - 19:53 | 3275783 riphowardkatz
riphowardkatz's picture

Good news I can help you with your confusion.

Ending the forced redistribution of wealth  and ending too big to fail is good for the people who produce everything required for your life. 

You are not being austere when you are stealing money to pay for your programs. You need to have earned the money to choose to stop spending it on your pet projects. 

Mon, 02/25/2013 - 19:58 | 3275797 Bingfa
Bingfa's picture

King Obama's paycheck exempted from Sequester....

http://cnsnews.com/news/article/obama-s-paycheck-exempted-sequester

It's good to be KING

Mon, 02/25/2013 - 20:01 | 3275808 kill switch
kill switch's picture

fred reed

 

I don’t understand the dispute over amnesty. The fat lady has sung, Latino-wise. It’s over. Seventeen percent of the United States is now Latino. The percentage is increasing, and will increase. You can like it, or hate it, or not care. It doesn’t much matter. You might as well dislike gravitation.

Supposedly there are eleven million illegals in the country. Granting them amnesty will not make them go away. Not granting them amnesty will not make them go away. Amnesty might attract more, if jobs were available. Withholding amnesty will leave them permanently marginalized. Take your choice.

Sealing the border might make a slight difference in the rate of increase, or might not. (Reportedly the net influx now is zero, what with the lack of jobs in the US.) The Hispanic population will grow regardless because their birth rate is higher than that of whites. Most of the Hispanic population is legal. The illegals have children, who instantly become citizens. The seventeen percent will shortly be twenty which, added to thirteen percent of blacks, makes a third of the overall population.

You may think that something should be done about all of this, or you may not. You may think that something should be done about sunrise. The prospects are better for preventing sunrise.

What, precisely, do folk opposed to immigration want to do? Set up extermination camps? It has been done, and got terrible reviews. Will we have the army push fifty-seven million people across the Mexican border at bayonet point—including huge numbers who are American citizens? A fair number of them since 1848?

The political will doesn’t exist.  Whether conservatives like it or not, a great many people favor amnesty, and aren’t much concerned about immigration. These may, or may not, be deluded, foolish, or culturally suicidal. It doesn’t matter. They think what they think. Businessmen want the cheap labor, Democrats want the votes, and the rising generations of whites do not seem greatly concerned.

It is not now or never. It is thirty years ago or never. This limits the options.

If one may believe the press—nothing can be more reliable than the press—the number of Hispanics in California just exceeded the number of whites. In Republican Texas, the majority of children in school, and growing toward voting age, are Hispanic. Short of reversing the flow of time, nothing will keep them from getting older. Conservatives think this a disaster. They may be right. But it is going to happen.

Now, if the Latinos are in the US, and are not going to leave, it might be wise to find a modus vivendi, a means of avoiding the breaking of the country into a third hostile camp. What are the prospects of doing this?

I’m not sure. But I can foresee the consequences of not doing it.

Some signs are encouraging, others not. Hispanics are not inherently hostile to whites. They enter the US to work. As a race, they are not innately incompetent. For example, they are perfectly capable of building and operating modern cities, as anyone knows who has walked the streets of Buenos Aires, Lima, or Santiago.

Americans tend to imagine Latin lands as indistinguishable from Zimbabwe. They are not. Latin American countries run from the primitive (Bolivia) to virtually first-world (Chile) with Mexico, the chief source of American Hispanics, being toward the high end of the list.

On the other hand, those who swim the Rio Bravo are not doctors and engineers, gangs assuredly exist, and Hispanic children do poorly in school. Not good, especially the last.

I have my doubts about the irremediable criminality of the immigrants, and I wonder how much Americans really know about these people. Headline: “El Paso: FBI stats deem border city safest in the country 3 years in a row.”

What, not Detroit?

Anecdotes are just anecdotes, but they add up. Vi and I were recently in Manhattan to visit Leticia (I'll call her), a university friend of Violeta, and her husband Guillermo. She is finishing up a PhD in linguistics at CUNY, he a Puerto Rican pediatrician. They live in East Harlem, sort of 116th and Lexington. Once black, the neighborhood is now Mexican. It is also pleasant. I asked Leticia whether crime was a problem. “No.” she unhesitatingly walked around at night.

Both speak good English, but Spanish at home, which I suppose makes it their primary language, and this conservatives find threatening. I am not sure why.

The neighborhood was one of small stores and restaurants. I asked Leticia who owned them. “Mexicans.” This was certainly true of the various small restaurants in which we ate.

In Chicago we stayed in the vacant condo of a friend living near us in Mexico. Before we left he spoke of Berwyn, a formerly Czech suburb which he said, Czechs being Czechs, was neat, clean and well kept up. Then the Mexicans moved in and now, he said, the neighborhood was…neat, clean, and well kept up. While in the city we got my daughter, in grad school, to drive us through Berwyn. It was as described and, to judge by places called Pedro’s Lavanderia, Mexican. So much for “there goes the neighborhood,” at least in Berwyn.

My daughter lives in Pilsen, also a Mexican barrio and somewhat rougher. You don’t walk around at three a.m. and there are occasional fights. We breakfasted in a Mexican restaurant, absolutely mobbed, with good food and good prices (and waitresses who spoke English). My daughter and I were the only gringos. People were friendly and courteous, which is what I have found in ten years in Mexico. This matters.

I asked my daughter whether the locals spoke English. “Not all. The young ones mostly are learning.” I thought of San Antonio, where Vi had complained that the Hispanics spoke rotten Spanish. As an approximate rule, the first generation doesn’t learn, the second is bilingual, and the third forgets Spanish.

Methinks we should not have allowed massive immigration from Latin America, not because Latinos are bad people but because diversity, racial or ethnic, is so often a horrible thing. In countless instances it causes animosity and frequently bloodshed. Think: Tamils and Sinhalese in Sri Lanka, Catholics and Protestants in Ireland, blacks and whites in South Africa, Hindus and Moslems in India, Sunnis and Shias in Iraq, on and on.

But you have to play the cards you have dealt yourself. If America permits, causes, or cannot prevent the division of the country into something resembling Shias and Sunnis, with tension already high between blacks and whites, god knows where things will end. Groups exist which would like to promote mutual hostility. It does not seem to me inevitable. It better not be.

Mon, 02/25/2013 - 20:06 | 3275822 shovelhead
shovelhead's picture

Oh Noes,

We blew up the economy...

Here, this will fix it.

Let's just put this FREE teeny weeny chip under your skin and make it all better.

 

Your pals from HSA.

Mon, 02/25/2013 - 20:08 | 3275828 Dixie Rect
Dixie Rect's picture

Pelosi's new idea: Print newspapers, food wrappers, notebook paper, etc on uncut sheets of FRN's. That way when your finished, you can recycle the paper back into the economy and create jobs!

Mon, 02/25/2013 - 20:13 | 3275843 Coldfire
Coldfire's picture

Clown show.

Mon, 02/25/2013 - 20:31 | 3275901 silverserfer
silverserfer's picture

lowering taxes and balancing a budget doesnt fix the fundamental problem of using fedbux. fuck em. and allthe goddam complaicent sheep who are just fine with using them

Mon, 02/25/2013 - 21:11 | 3276036 IridiumRebel
IridiumRebel's picture

Look....we are fucked. Just prepare. We know it. They do not. Just be happy you are ahead of the curve and check in with news from the front to keep us all abreast of the situation.

Mon, 02/25/2013 - 22:33 | 3276289 Curt W
Curt W's picture

Cut out 2 military bases in south america and Foreign financial aid to all countries and the $85 billion is covered.

Why do they have to make this so hard?

Tue, 02/26/2013 - 01:15 | 3276673 resurger
resurger's picture

Fubar in charts

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