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Boehners' Bluff-Calling Or Last-Minute Deal? - Live Webcast

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The question is will he (fold) or won't he? It seems the market still believes he will...



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Thu, 02/28/2013 - 12:20 | 3285978 azzhatter
azzhatter's picture

Looks less orange

Thu, 02/28/2013 - 12:24 | 3286001 otto skorzeny
otto skorzeny's picture

less "protein intake" with reggie love back in DC?

Thu, 02/28/2013 - 12:27 | 3286023 Xibalba
Xibalba's picture

Stooge #2


Dem, Rep, Black, White, Orange, Gay, Straight,'s all the same in the land of Fast Food

Thu, 02/28/2013 - 12:31 | 3286047 flacon
flacon's picture

Did he talk yet? 

Thu, 02/28/2013 - 12:52 | 3286174 TerminalDebt
TerminalDebt's picture

probably too busy bonering an intern

Thu, 02/28/2013 - 12:57 | 3286189 flacon
flacon's picture

He just tweeted a non-sentence:



Via :  “sequester spin gets ahead of reality”  Should be replaced w/ better cuts."


WTF does that mean? Fucking politik-talk. What the fuck!


Meanwhile gold is getting ass-raped.....


Thu, 02/28/2013 - 13:34 | 3286379 wee-weed up
wee-weed up's picture

Gold and Silver are indeed getting ass-raped! Sans Vaseline!

Any astute suggestions on the causes and if the last few week's continual massive take-down is in any way related to the upcoming sequester? And if so, how? And if the sequester happens, which looks like it will, how will that affect gold and silver prices going forward? Any ideas?

Thu, 02/28/2013 - 13:43 | 3286406 flacon
flacon's picture

I have no idea.... But these are some suggestions:


1. Today is "First Notice for Delivery" of the PM contracts. So they may want the price to be as low as possible today. 


2. Jim Sinclair posted this last night....



You Want Dates For The End Of This Reaction?

February 27, 2013, at 10:46 pm 

by Jim Sinclair in the category General Editorial |  Print This Post |  Email This Post

Dear CIGAs,


You wants dates? Ok.


The bet on the short of gold side is that the Sequester takes place. I have felt that the gold market’s longest period of reaction possible would end on my birthday, March 27th. That puts it directly in place of this wager in time.


Regardless of whether or not Sequester occurs, I stand by this timing assumption that I have held since this decline started.


Many who I know and asked me in private know this statement to be true. I know that this is read by just those that are at the heart of this decline.


The earliest date of the end of the decline is the 28th of February and the longest period of pressure is until the 27th of March. Thereafter gold is released to the upside which will be a minimum of $3500.


Defend yourselves because today was a wager on the Sequester occurring. Regardless, do not give away your position in either gold or shares that are fully paid for. Margin is madness in gold because the volatility is only starting.


Please note the last interview I gave was about 9 months ago. I have a planned interview with Eric King of on Friday of this week. It will have significance as it is a statement. Please remember this in the future.

Thu, 02/28/2013 - 14:05 | 3286527 flacon
flacon's picture


Thu, 02/28/2013 - 13:49 | 3286425 DeadFred
DeadFred's picture

We're close to support for the metals and the pixie dust stock market is likely topping out. An unpleasant surprise now could be used to break $1525, the holy grail of all central bankers. Will they and can they are big questions but I am deferring on PM for the while. We have not tested support while this new Chinese regime has been in power so will those infinite buy orders still be there if we do? Astute might be a stretch.

Thu, 02/28/2013 - 12:40 | 3286114 McMolotov
McMolotov's picture

Cuz he's a yella belly.

Thu, 02/28/2013 - 13:43 | 3286408 whatsinaname
whatsinaname's picture

Will the sequester matter ? Will the 2 percent reduction in paychecks tip things over anyways ?

Thu, 02/28/2013 - 15:59 | 3287191 Watauga
Watauga's picture

So, how does a Republican cave-in on the Sequester, a budget to replace the CR, and the debt ceiling, fire the market higher?  In what universe are those deals considered positive steps for business, investment, and the economy? 

Thu, 02/28/2013 - 12:21 | 3285982 TruthInSunshine
TruthInSunshine's picture

It depends on whether the insider-information-trading CONgress is short or long the Bernank'd-POMOd-QE4ever "permanent plateau" markets...

Thu, 02/28/2013 - 12:29 | 3286035 prains
prains's picture

Man I miss the Monty Python days, the material from this gong show rivals the "land of schmeeeeeee"

Thu, 02/28/2013 - 12:21 | 3285983 QE 4 EVA
QE 4 EVA's picture

Let's get ready to SEQUESTER!!!

Thu, 02/28/2013 - 12:50 | 3286160 dracos_ghost
dracos_ghost's picture

Funny thing is, by the time I read this comment, the Gubmint spent more than the f&*king sequester cuts.

More Hasting Pudding vs Whiffenpoofs politics.

New slogans:

End the Fed(eral Reserve)

Defund the Fed(eral Government)

These "leaders" are acting like catty bitches at a hair salon.

Thu, 02/28/2013 - 13:40 | 3286402 Harbanger
Harbanger's picture

I think the sequester will cause a temporary pull back in the market so I shorted, lets see.

Thu, 02/28/2013 - 12:23 | 3285989 Edward Fiatski
Edward Fiatski's picture


Sex with your anus, if you play it wrong.

Thu, 02/28/2013 - 12:23 | 3285991 eaglerock
eaglerock's picture

Who the fuck cares anymore.

Thu, 02/28/2013 - 13:27 | 3286358 ghengis86
ghengis86's picture

Thank you

Having been around for a few news cycles (debt ceiling, fiscal cliff, etc.) I barely read the ZH commentary anymore (not that it's first rate, it is). But even the Tyler's can run out of adjectives to ridicule and lambast these fucks. In the future, all such circle jerk, tragicomedies can be boiled down to a few phrases (especially for the noobs and naive); the Ds and Rs are politicians, the politicians are owned by the bankers, the bankers don't give a shit about you and will either keep you alive to milk what little wealth you have left, kill you for sport or fuck you in the ass for fun. I hope you enjoy the show, serfs; FOAD.

Thu, 02/28/2013 - 12:24 | 3285994 otto skorzeny
otto skorzeny's picture

all bitches give in

Thu, 02/28/2013 - 12:24 | 3285997 yogibear
yogibear's picture

Last minute the republicans fold? All-mighty dictator Obama wins?

Thu, 02/28/2013 - 12:26 | 3286008 Edward Fiatski
Edward Fiatski's picture

I'm already on the bet that he will take off his jacket, rip apart his shirt and cry out, "THOU SHALL NOT PASS!"

Thu, 02/28/2013 - 12:25 | 3286000 Dr. Engali
Dr. Engali's picture

Of course he will fold like a cheap suit. The question is will he bawl his little pussy eyes out?

Thu, 02/28/2013 - 12:26 | 3286013 otto skorzeny
otto skorzeny's picture

you don't think the cunty repubs will let anything happen to their precious toy soldiers-do you?

Thu, 02/28/2013 - 12:33 | 3286063 10mm
10mm's picture

Well stated Otto.

Thu, 02/28/2013 - 12:28 | 3286031 Cheeseus Sonofdog
Cheeseus Sonofdog's picture

I am not sure he has bawls. Just a weeping pussy.

Thu, 02/28/2013 - 12:37 | 3286090 McMolotov
McMolotov's picture

The Weeping Cheeto.

Thu, 02/28/2013 - 12:31 | 3286052 e_goldstein
e_goldstein's picture

He'll do whatever his masters tell him to do; but yeah, he'll cry about it later.

Thu, 02/28/2013 - 12:25 | 3286003 gbresnahan
gbresnahan's picture

The Republicans always cave.  Why wouldn't they cave again. Weak.

Thu, 02/28/2013 - 14:00 | 3286495 Harbanger
Harbanger's picture

I read somewhere that the Repubs prepared a Bill that will give Obama complete and unopposed control of the budget and spending cuts.  Maybe the repubs are getting a brain cell, let him officially do what he wants.  Obama is effectively running unopposed now.

Thu, 02/28/2013 - 12:26 | 3286015 Dr. Richard Head
Dr. Richard Head's picture

I believe Lew Rockwell summarizes Bohner quite well when he recently blogged - They also want to make his horse a consul. Well, not yet, but--led by neocons--they seek to build the presidential dictatorship as they have since Lincoln. And keep in mind that this contrived hysteria does not involve what Murray Rothbard called a cut-cuts, actual cuts, but rather a proposed cut in the proposed increase.

Thu, 02/28/2013 - 12:31 | 3286048 Shell Game
Shell Game's picture

+1 Much truthiness there.  Love he and DiLorenzo calling out what Lincoln really was - first American dictator; one of the biggest historical revisionisms in US history.

Thu, 02/28/2013 - 12:41 | 3286115 john39
john39's picture

and yet the bankers killed him anyway...  I suppose he accomplished all they needed, and therefore, was expendable.

Thu, 02/28/2013 - 12:45 | 3286141 InTheLandOfTheBlind
InTheLandOfTheBlind's picture

charles chiniquy (spelling) and lincoln's relationship is interesting to say the least

Thu, 02/28/2013 - 13:16 | 3286309 the grateful un...
the grateful unemployed's picture

come on, DDL's Oscar has barely made it onto the mantle. that's how you know the history fix is in, and you're home free, Steven Speilberg makes a movie about you. I can't wait for The Decider, followed by The Decider Two. If only he could make Bush and Obama part of the Royal family that would be a slam dunk, double Oscars around. Wait, Presidents, who are members of the Royal Family, who sneak Jews out of concentration camps in WW2.

Thu, 02/28/2013 - 13:20 | 3286328 Shell Game
Shell Game's picture

LOL.  They are our saviours, ya know.  That's the story on Mt. Olympus anyway...  ;)

Thu, 02/28/2013 - 12:27 | 3286018 Cheeseus Sonofdog
Cheeseus Sonofdog's picture

Any man who cares that much about his suntan, because he can't possibly have other people see him pale, will always submit. He will be easily swayed by manufactured public opinion.

Thu, 02/28/2013 - 12:27 | 3286022 lolmao500
lolmao500's picture

FARK YOU BOEHNER. You freaking hack!! If you were a real leader, you would tell Obama to go to hell and not pass any budget that creates a deficit.

Thu, 02/28/2013 - 12:28 | 3286028 miker
miker's picture

~40B out of ~3000B.  Big Whoop!

Thu, 02/28/2013 - 12:28 | 3286029 LawsofPhysics
LawsofPhysics's picture

Irrelevant as there is only one party, for the banks and financial houses, by the banks and financial houses and they are directly monetizing 85 billion per month already.

Thu, 02/28/2013 - 12:29 | 3286032 HaroldWang
HaroldWang's picture

Nothing to cave on. Big deal some spending cuts go through which will have no impact on anything in the greater scheme of things. Sequester is a big fat non event.

Thu, 02/28/2013 - 12:34 | 3286070 youngman
youngman's picture

but the press will use it to their advantage as anything that fits the WH Memo of the day will be blamed on the sequestration....and of course blamed on the Republicans...even Bush...they just can´t cut one thing..not one thing...

Thu, 02/28/2013 - 12:29 | 3286034 williambanzai7
williambanzai7's picture


Thu, 02/28/2013 - 12:40 | 3286111 Edward Fiatski
Edward Fiatski's picture


Thu, 02/28/2013 - 13:19 | 3286320 the grateful un...
the grateful unemployed's picture

surrounded by four (foreign?) terrorists.

Thu, 02/28/2013 - 13:30 | 3286362 Clowns on Acid
Clowns on Acid's picture

Brilliant Billy B.

Thu, 02/28/2013 - 12:30 | 3286036 nobusiness
nobusiness's picture

SPY and IWM call bullshit.  cave and another bullshit do nothing deal that raises debt and kicks the can

Thu, 02/28/2013 - 12:30 | 3286041 youngman
youngman's picture

If we were talking about real cuts..maybe..but we are talking about reductions in the increases for next year..they still SPEND more next year than this year...this should be what SNL leads off with next week...but they won´t ..because the sheeple do not know and do not care as long as they are getting their free stuff....

Thu, 02/28/2013 - 12:30 | 3286042 firstdivision
firstdivision's picture

How about he calls for an investigation into all the foreign GS accounts buying up ass loads of NG contracts to drive up price to profit from their structured deals

Thu, 02/28/2013 - 12:31 | 3286043 azzhatter
azzhatter's picture

Boehner looks like a guy who rolls out of bed to a glass of gin every morning

Thu, 02/28/2013 - 12:46 | 3286147 Theta_Burn
Theta_Burn's picture

No that would be Joe Gin Bloom Biden

Boehner is a Rhino horn kind of guy

Thu, 02/28/2013 - 12:51 | 3286168 flacon
flacon's picture

Fuck. I must be a Boehner then. Because every morning when gold is down I down a bottle or three.

Thu, 02/28/2013 - 12:31 | 3286045 mdtrader
mdtrader's picture

Sequester doesn't matter on the downside, but if there's a deal it's worth 20 S&P points on the upside lol.

Thu, 02/28/2013 - 12:31 | 3286053 Watts_D_Matter
Watts_D_Matter's picture

Fuck him, Bernake, Dimon, Geitner, all of them......fuck them all....


These monkeys will fold like used toilet paper.....

Thu, 02/28/2013 - 12:31 | 3286054 dbTX
dbTX's picture

The MSM is either completely in the tank for Obama or is so incredibally stupit it's hard to imagine.

Thu, 02/28/2013 - 14:54 | 3286765 semperfi
semperfi's picture

fixed it:

The MSM is either completely in the tank for Obama **AND** is so incredibally stupit it's hard to imagine.

Thu, 02/28/2013 - 12:32 | 3286055 BandGap
BandGap's picture

I bet him a carton of Pall malls that he wouldn't stick to his guns.

Thu, 02/28/2013 - 12:35 | 3286069 SillySalesmanQu...
SillySalesmanQuestion's picture

The Tan Man and the House have taken their ball and gone home for the weekend...We all wish we were paid so much for so little drivel.

Thu, 02/28/2013 - 12:56 | 3286195 TerminalDebt
TerminalDebt's picture

They never had balls to start with

Thu, 02/28/2013 - 12:35 | 3286074 fonzannoon
fonzannoon's picture

This sequester is going to happen. For at least a week or two anyway, until the "incident" can re focus our politicians.

Thu, 02/28/2013 - 16:21 | 3287303 monad
monad's picture

If by 're focus' you mean perform sufficient mass human sacrifice to justify enslaving the remaining free American people and then the world, I agree.

Thu, 02/28/2013 - 12:36 | 3286087 jtz5
jtz5's picture

I bet next week we print the highest initial claims in over a year, just so Obama can say "I told you so" with respect to this sequester.  They printed it low this week, so next week can be a HUGE jump in claims the week after the sequester took place.

So predictable...

Thu, 02/28/2013 - 12:38 | 3286093 OldE_Ant
OldE_Ant's picture


Thu, 02/28/2013 - 12:56 | 3286094 OldE_Ant
OldE_Ant's picture

News Reporter, "People accuse you of sucking up to Obama.  Is this accurate?!"

Boehner, "Actually sir my spineless back allows me to suck MYSELF off ALL THE TIME since it's in the best interest of the country.  Next question please!"

Thu, 02/28/2013 - 12:43 | 3286095 foodstampbarry
foodstampbarry's picture

We are talking about a measly 2.4% spending cut on a 16 trillion dollar debt and the country goes into a massive hissy fit. We are fucking doomed.

Thu, 02/28/2013 - 12:44 | 3286123 Theta_Burn
Theta_Burn's picture

Uh Oh

Boehner sounded a bit more confident than usual, the super duper commitee (wtf DID they accomplish) failed miserably, time to bring the consequence.

This is O TOM a's empire of ash now...

Thu, 02/28/2013 - 12:54 | 3286181 Super Broccoli
Super Broccoli's picture

damn i missed it ? SHIT !

Thu, 02/28/2013 - 13:00 | 3286209 Praetorian Guard
Praetorian Guard's picture

After watching the meeting on CSPAN I don't think he is going to fold...

Thu, 02/28/2013 - 13:02 | 3286222 Praetorian Guard
Thu, 02/28/2013 - 13:05 | 3286234 Critical Path
Critical Path's picture

Move your feet, lose your seat

Thu, 02/28/2013 - 13:08 | 3286241 Yen Cross
Yen Cross's picture

    If Boehner rolls over this time, he's going to be first in line ahead of Woodward with his own inbred family looking to hang him.

  "Pumpkin Head" Karl Rove is ranting on Faux Paux news.

Thu, 02/28/2013 - 13:50 | 3286431 SmittyinLA
SmittyinLA's picture

lol franco lingo

Thu, 02/28/2013 - 13:08 | 3286255 Meat Hammer
Meat Hammer's picture

Boehner should switch to Kool menthols so the Repubs can finally get the black vote.  

Thu, 02/28/2013 - 13:09 | 3286265 the grateful un...
the grateful unemployed's picture

just a bit more time in the tanning booth he could pass

Thu, 02/28/2013 - 13:09 | 3286261 the grateful un...
the grateful unemployed's picture

Boehner can't do much but repeat what his fractitous party wants to say. It would be a mistake for him to assume a bargaining position in a compromise with POTUS. The American people don't vote for Speaker, Republicans don't vote for Speaker. God knows Democrats aren't behind Pelosi either. This is democracy in action, you may not like the guy, but he's not as self aggrandizing as the guy he has to deal with. 

Thu, 02/28/2013 - 13:19 | 3286323 NoWayJose
NoWayJose's picture

Wall Street had Boehner, Cantor and Ryan on their payroll. All Wall Street needs is for these three and about 20 more Republicans to fold. Cheap really. The market rally this week probably coincides with Boehner getting the electronic transfer from the Squid.

Thu, 02/28/2013 - 13:24 | 3286346 Sandy15
Sandy15's picture

Sequestration equals NINE days of government spending..... The Government is still spending TOO much money!

This video puts in prospective the proportions affected by sequestration.  Another WH manufactured emergency to

promote their agenda......

Thu, 02/28/2013 - 13:29 | 3286360 yogibear
yogibear's picture

The Republicans are just plain scared of being insignificant.

People want free stuff. Food stamps, free rent, Free cell phones and medical as well as spending money.

The democrats keep pushing for more and more free stuff. That's why they win.

Thu, 02/28/2013 - 14:51 | 3286745 semperfi
semperfi's picture

I'm running for President in 2016 on the following platform - do I have your vote?

 If giving people free money/free shit is the answer, and we still have problems, then we aren't doing it good enough - so we should:

1.  give everyone enough cash to pay off their current debts
2.  give eveyrone $250,000 on their birthday
3.  for those who work, set the pay rate at $500 per hour
4.  for those who don't work, set the money-for-nuthin rate to $1000 per day

All problems solved in 4 easy steps.


Vote for me.

Thu, 02/28/2013 - 13:32 | 3286367 caimen garou
caimen garou's picture

he's going to take o's boner up his ass


Thu, 02/28/2013 - 13:32 | 3286369 HeatMiser
HeatMiser's picture

I love how the headlines say "Will he fold" He will do exactly what his MASTERS tell him to. This isn't a fucking game. Its not RED verses BLUE. Its the FED GOV. verses YOU. The sheeple will never know what happened. One day they are going to wake up and have to choose a side. The people on ZH who follow this nightmare now know what the Russian, Italian, Germans Et. Al. felt like before the shit hit the fan and there is nothing you can do.

Thu, 02/28/2013 - 13:33 | 3286372 Clowns on Acid
Clowns on Acid's picture

Whatever Boehner decides to do....he'll have to call Robert Rubin first, who will call Soros...

Thu, 02/28/2013 - 13:34 | 3286376 SmittyinLA
SmittyinLA's picture

in order to "fold" you would have to have taken a stand on something, what does Boehner stand for?

As far as I can tell Boehner lubes up & spreads on demand.

Thu, 02/28/2013 - 13:52 | 3286443 Forgiven
Forgiven's picture

It's not a question of will he or won't he fold.  You asked the wrong questions.  It's WHEN WILL HE FOLD?

Thu, 02/28/2013 - 14:21 | 3286601 SheepDog-One
SheepDog-One's picture

Oooo it's another 'political high drama' and whatnot....yea sure.

Puppet show.

Thu, 02/28/2013 - 14:34 | 3286666 bugs_
bugs_'s picture

Walk out, demand Harry Reid's resignation.  If you are going to be a wepublican be a waskaly wepublican!

Thu, 02/28/2013 - 14:48 | 3286729 semperfi
semperfi's picture

That crybaby wuss will fold - I'm all in.

Thu, 02/28/2013 - 18:12 | 3287846 overmedicatedun...
overmedicatedundersexed's picture

if i have posted this before , sorry; if you are registered D OR R, go down to the election office and change it to 3rd party of your choice or I. otherwise we have a two headed fed gov monster to feed..if we get D and R registration down to 10% or less, then the MSM will have trouble reporting election it for your country.

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