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Boehner Says We Are "On The Path To Default", "It Is Time For Us To Stand And Fight"
Despite the late Friday market optimism that the government shutdown, and more importantly debt ceiling impasse, may both be coming to an end as more republicans appeared ready to pass a "clean" continuing resolution, it was only fitting that a few hours after Bank of America said an "agreement is almost impossible as long as Obamacare is on the table", that the House speaker Boehner, who appeared on ABC with George Stephanopolous' This Week earlier today, escalated matters once again making any near term resolution virtually impossible.
That this happens on day 6 of the government shutdown (and with neither chamber of Congress set to meet until Monday evening, an eight day or longer shutdown is virtually inevitable) is bad. That this is happening with 11 days left until the debt ceiling X-Date is worse, especially since the republicans have made it clear they will now look to roll the debt ceiling negotiation into the government shutdown debate, both of which are driven fundamentally by the republicans' opposition to Obamacare. Furthermore, with the halfway reopening of the government following the recall of furloughed Pentagon civilian employees, the government's cash will run out that much faster.
Ironically, the fight to defund Obamacare came in earlier than many had expected. As Politico notes, Boehner had expected that the Obamacare fight would come during the next vote to raise the debt ceiling, “but, you know, working with my members, they decided, let's do it now," he said. "And the fact is, this fight was going to come, one way or another. We’re in the fight. We don't want to shut the government down. We’ve passed bills to pay the troops. We passed bills to make sure the federal employees know that they're going to be paid throughout this.... You've never seen a more dedicated group of people who are thoroughly concerned about the future of our country," he said of House Republicans.
"It is time for us to stand and fight." Boehner added.
Below is the excerpt which contains Boehner's admission that he may have changed his mind on a stern resolve to not let the US default:
Boehner also appeared to back off of private assurances he’s offered colleagues that the nation would not default on its debt. Treasury Secretary Jack Lew has said the nation will run out of ways to continue to pay all of its bills Oct. 17, making an increase in the debt limit an urgent priority.
Boehner said repeatedly that he does not intend to have the nation default on its debt. But he declined to guarantee that he’d bring a debt-limit bill to the floor of the House without concessions from Democrats.
Asked by Stephanopoulos whether that no negotiations means the country will default on its debt, Boehner responded: “That’s the path we’re on. Listen, the president canceled his trip to Asia. I assumed, well, maybe he wants to have a conversation. I decided to stay here in Washington this weekend. He knows what my phone number is. All he has to do is call.”
About not having enough votes to pass a clean CR in the House, despite evidence that this may no longer be the case as ever more Tea-Partiers flip:
Some 21 House Republicans have said publicly that they’re willing to
support a “clean” measure to extend all government funding without other
conditions attached, according to ABC News’ count. That’s apparently
enough, when added to Democratic votes, to pass a bill out of the House.
But the speaker disputed that notion: “There are not the votes in the house to pass a clean CR.”
“The nation’s credit is at risk because of the administration’s refusal to sit down and have a conversation,” he said. “The votes are not in the House to pass a clean debt limit. And the president is risking default by not having a conversation with us…. We’re not going down that path. It is time to deal with America’s problems. How can you raise the debt limit and do nothing about the underlying problem? ”
Just like to Obama it is all the republicans' fault, so the vice versa is obviously true:
Boehner acknowledged that the showdown over government funding, aimed at scaling back the Obama health care law, isn’t a fight that he chose. He also appeared to confirm that, in conversations with Senate Majority Leader Harry Reid, he had previously sought to ensure full government funding, only to be convinced to take a different course after consulting with his fellow House Republicans.
“I and my members decided that the threat of Obamacare and what was happening was so important that it was time for us to take a stand. And we took a stand,” he said. “I thought the fight would be over the debt ceiling. But you know, working with my members, they decided, well, let’s do it now. And the fact is, this fight was going to come, one way or the other. We’re in the fight.”
Finally, and as always, the bottom line is the simple revenue vs spending issue:
Boehner suggested that he’d like negotiations with the president to include entitlement reform. But he ruled out including new tax revenues as part of a deal.
“The president got … $650 billion of new revenues on January the 1st. He got his revenues. Now, it’s time to talk about the spending problem,” he said. “Very simple. We’re not raising taxes.”
Which, as the Supreme Court found, is just what Obamacare is.
In conclusion:
STEPHANOPOULOS: So bottom line, you're saying this is your absolute position. If the president continues to refuse to negotiate over the debt limit, if Democrats refuse to continue to negotiate over the government shutdown, the government is going to remain closed and the United States is going to default?
BOEHNER: The president -- the president, his refusal to talk, is resulting in a possible default on our debt. All he has to do is pick up the phone. This is the most reasonable thing in the world. I think the American people understand, why wouldn't they talk to each other? I'm ready to talk. I've been ready to talk.
STEPHANOPOULOS: When is this going to end?
BOEHNER: If I knew, I would tell you.
The full transcript of Boehner's speech can be found here, and the video of this morning's interview is below.
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And there are a lot more reasons to replace Washington D.C. with State run Open Source Software.
a greek talking about default
LOL
Where's Cleavon Little when you need him
Let it burn!
In reality, Boehner doesn't have the balls to call O'bummer's bluff. It's a good show, though.
SHUT 'ER DOWN BONER! Let's get this party started!
Can't Boehner get Putin to stand in for him?
Boner pussy will cave when push comes to shove. He is not Putin.
these guys are tough both the donkeys and the elephants ...
this is a tough country - no compromise ... not even an inch
Compromise and end the federal government permanently.
... but, but, but,... if close federal government, who is save USSA citizenry from self?!
Good to see Boehner is finally interested in doing the peoples business. Stand and fight to the end. Buck ofama
Why is there no maximum wage?
The Corporation Of the United States Of Ameria must choose the path which continues to punish it's citizens the most. That would be the path of no default and continue to raise the debt limit. The precident has been set by the very first time the GOVERNment raised the debt limit, and now they raised it 150 times. What makes anyone believe that the Corporation Of the United States Of America will do the right thing and default this time?
If the repubs actually get a backbone for once I might actually vote for them next year.
As long as you believe there are "two sides" then you will remain "owned"........of course if you haven't figured this out by now you never will.
There are many ways to compromise... delay Obamacare for 364 days. Delay Obamacare for 363 days. Delay Obamacare for 362 days. Delay Obamacare for 361 days. Delay Obamacare for 360 days. Delay Obamacare for 359 days. ...
Boehner is in a no lose situation...if Obama craters the repugs win if he doesn't crater and the economy goes in the tank, he might win 2014, but they are guaranteed to lose it all come 2016 cause this country will be such a fucking mess. Better to take the medicine now rather than later.
unfortunately, the left will never be 'guaranteed to lose it all' *coughIRSNSAintimidationcough* !!
one of the few benefits of the obama administration is its getting more republicans to hate the security state. and the cognitive dissonance that may eventually occur in some "progressives/liberals/leftists" who support obama's wars on you name it ("because obama") would be additional gravy.
GAME
OVER.
“We were confident that the first feeling, if not the very prospect of anarchy, would instantly enforce a complete submission. The experiment was tried. A new,strange, unexpected face of things appeared. Anarchy is found tolerable. A vast province has now subsisted,and subsisted in a considerable degree of health and vigor, for near a twelvemonth, without governor, without public council, without judges, without executive magistrates. How long it will continue in this state, or what may arise out of this unheard-of situation, how can the wisest of us conjecture? Our late experience has taught us that many of those fundamental principles, formerly believed infallible, are either not of the importance they were imagined to be; or that we have not at all adverted to some other far more important and far more powerful principles, which entirely overrule those we had considered as omnipotent.”
Edmund Burke - Conciliation With the Colonies
http://faculty.rcc.edu/sellick/Burke(Colonies).pdf
In other words.. SHOCK! The MF’s don’t really seem to need a government at all.. we better mend things or they will really start to groove on having no state to “protect” them.
A major indian newspaper had an article yesterday that talked about the fact that both the lady with the child and the gent who burned himself to death were black and asked if someone is trying to incite a race war around this shut-down/obamadon'tcare mess....
Do you think anyone in Washington is even thinking ahead to 2016?
Don't vote. It just encourages them.
This is their death breath.. they are fighting to keep their party from becoming irrelevant and allowing the more Libertarian oriented people from taking over from the tyrannical abuses of the other side of the same coin.
Even if they grew a pair of balls and didn't flinch.. it's too late for them. It's time for Libertarians to open up the flood gates of freedom and kick the Rethuglocrats to the fucking curb!
There are maximum wages all over the nanny state system. If you make more than $XXXX a year you don't qualify for Govt assistance. If you make less than $xxxx, you get taxed at a lower rate, that's also a form of maximum wage.
If you make over $xxx then you qualify for a more punishing tax bracket. That's also a maximum wage.
Those are wealth ceilings built into the progressive tax system that keep the middle from climbing while creating incentives for them to move to a lower class. The goal is to have 2 classes. A dependent class and a ruling class.
Yeah, and the real kicker is... no PRODUCER class. Get it? A Ruling Parasitical class, and a Dependent Parasitical class, but eliminate all of those who PRODUCE GOODS AND SERVICES which makes having the Ruling and Dependent classes possible.
Their system is flawed.
Their system is not just flawed, it is totally fucked.
http://www.youtube.com/watch?v=GPYLJoq_40Y
And Thus,
9% Have Considered Quitting Their U.S. Citizenship
http://www.rasmussenreports.com/public_content/lifestyle/general_lifesty...
I'd bet it's higher than 9% but few can afford the cost of a different passport/citizenship. But what country could you run to that's less corrupt than this one??
Irony of course being that all those changing citizenship will be moving to countries with single-payer public health systems. Unless of course they do move to Somalia...
North Korea?
That is correct, I have no desire to make more than 150k a year(married, filing jointly)... Why should I work harder and harder after I pass that magic line in the sand for less and less money...
Bingo!
At my last evaluation, which was stellar, my boss 'counseled' me as to how I could move to the next level and give myself a nice raise. All I had to do was a hell of a lot of extra work and take a hell of a lot of load off his shoulders.
You should have seen the look on his face when I said "Why would I want to do that? I already work 60 hours a week. If you give me an extra 20 grand a year, Obama will take half and flush it down the toilet, and my wife will take the other half and flush it down the toilet. I'll end up with nothing but a lot of extra work. Why would I want to do that?" "I get already get six weeks of vacation a year. I can't afford to take it, and you won't let me take it anyway. I end up getting "paid" for it, and the government takes half of that."
Crickets followed by pin drop. :)
There are two types of employees out there - those that have no useful skills whatsoever; and those of us that have very useful skills. The cost of carrying the useless cuts into what can be paid to the useful. The results are all too predictable.
+150,000
Because you have already exceeded it!
Muppet Pimp,-great name by the way!
Its not buck oFama,
This is Tylers turf Brother,let it out ,youll feel better...
Like this FUCK OBAMA!
see,that feels good,everyone give it a try! Fuck Obama!
Thanks Tyler,I neede that...
Yes Boris, who will beat me, intimidate me, steal from me, abuse me, and finally demand my thanks and compliments for crippling me and denying the opportunity to climb back out of my crushed, slave status?
Yes, I am so very interested in compromise to continue the status-quo!
Bring-IT-ON!!!!!!!!!!!
"You have not never to see a more dedicated grouping of people which is concern of the future of our country," he said of the French Assembly. "It is the time that we are standing, also to fight." Monsieur Boehner added.
he had me at 'vichy'
I agree. Compromise and end this feral government!
So that this government "of the Fed, by the Fed, and for the Fed shall not perish from this earth?"
In Russia and Amerika, political class constant to destroy hope of citizenry with every decision, action, and inaction. Difference is only degree of theatrical production.
So the answer is to quit giving the "Political Class" the attention they are demanding.
Let's start locally to take back our birthright and heritage of self-government.
Who gives a rip what Boehner or Obummer says and does if we take the Founding Fathers example and nullify through statehouse empowerment.
DaddyO
Restore Balance of Federalism!
"This State now declares The Federal Govt. Of the United States an illegal entity."
I like it. Where do I sign up?
This is a good jumping off place...
http://tenthamendmentcenter.com/
DaddyO
Card carrying member, one of the very few places that get any of my money anymore.
What? terrorism!
Like training a toddler.
Perhaps elders too if parent did a poor job. Much tougher to get traction with the self willed intent upon self destruction!
Bottom line is that everybody chooses for themselves and ignorance is a valid, if unwise, choice.
Good luck my friends.
Couldn't agree more. Hope you are having better luck with your state pols than I am.
Who in their right mind would downvote that statement
Barry will negotiate with Iran, but not Republicans who represent the American People.
What does that tell you about Barry?
Ignore Barry!
DaddyO
Danger,
Your point is a good one. An argument also put forth by Marc Levin.
Levin's book makes some good points and is a longterm blueprint, I don't think we have enough time and with the current FSA in power, a Constitutional Convention may prove perilous.
Getting the balance of power swung back to the Statehouses seems a quicker and surer bet.
As I linked above, the Tenth Amendment Center offers some quicker ways to get things swung back in the right direction no pun intended...
DaddyO
What is the point in amending a document that they ignore altogether anyway. The first one was plenty good, just have to follow it.
Point well made, that's why Nullification is a great tool to shut down this juggernaut of progressive post-constitutional lawlessness.
DaddyO
The Con-CON (Constitutional Convention) can be taken over by the statist and the statist can go ahead and toss the whole US Constitution out - then insert whatever suits the them. Then the boot comes down - they will really (yes FOR REAL) go for the "private citizens" firearms. No longer them serving us (or at least the illusion thereof), it becomes us serving them - the statist desires you to be their slave, and they to be your slavemaster.
The POTUS is the problem. He has been offered all the money asked for to run the country, less Obamacare. This Ruler ruled it through. So they came back and offered All of the money needed to run the country with a delay of 12 Months to Obamacare because at this time it could not be fully funded ......This was also Ruled through... No negotiations were offered and no offset given by his Exellency, the Supreme Ruler( through)..... Who runs Barter Town, who is destroying it and to what purpose. The POTUS is not what he appears, a dangerous Narcissist with Dictatorist leanings and visions of grandueur.... He is Much more Dangerous than that, more like an absent English King with a standing Army under his comand.
What low life scum downed this post?
DaddyO
In all seriousness, we should be pleasantly surprised that Boehner has stood his ground thus far. The power of the purse is rightfully one of the People's house (whatever you might think of it in this day and age), and the value of the American system is only there as long as the various branches of government stand their ground and fight to jealously preserve and protect their enumerated powers within that system. The day the House once and for all time forward bends to the will of the Executive is the day the United States as a Constitutional Republic is offically dead.
It's all a show. The NSA has way too much blackmail material on all these fuckers to allow them to go against the wishes of the people pulling the strings. And the ones who will stand in the way of these plans can be "heart attacked" or "car crashed" just as easily.
Feds need funding?
Just dump all of DHS's recent ammo buys onto the consumer market.
The ammo buys were likely orders placed, not merchandise received. They wanted to put a squeeze on consumer pricing and availability by soaking up manufacturers' production capability.
Paper buying and selling with no delivery driving prices..... hmmm.... where have we seen that before?
9mm and .223 on the COMEX soon?
A growing concern,
Yes, precisely. The solution is NOT political. The solution is NON PARTICIPATION. If those in CONgress believed in our constitution it would be clear, don't enroll in the act. When the govt charges you for non participation, get even more people to say FUCK YOU. No need for any greater treatise. A free people simply do not have to participate in the debt fueled slavery in order to be free. Freedom comes at a cost but once attained is sweet and savory.
Nothing scares these cretins more than people voting no with their actions.
This is just it: reasonable retrenchment from 'the system' is an advisable course of action.
By this I'm not describing an absurdist separatist movement, but rather I mean a constructive get more self sufficient manner of life.
Given the precarious nature of our supply lines, how we operate in general with ultra JIT/Six Sigma mentalities, if (and I would say when) the system as we know it comes apart, we should have contingencies in place to provide continuity.
So while any of us gainfully employed need to participate in the system to a degree, we should have many baskets from which to pull when the going gets rough. Personally, I think a conservative insurance policy of junk silver, a few thousand rounds of ammunition, stored meals, seeds and some tools will be really handy.
We have a few years left of the fiat machine, barring any serious black swans swooping in for the kill. Let's make the best of it. It's good that Boehner is resisting to this point, even if it is for show, but there will come a point when we wake up from the American dream.
Yes, and no. What about other subsidized industries?
If Boehner stays put, watch Obama extend his executive priveleges. For our good offcourse. /s
The Republicans proved that they are just as bad as the Democrats when they tried to slash food stamps but refused to cut ag subsidies. They say they want to reform entitlements, but obviously, not the ones that benefit the 1%.
One of the Kansas Pubs clan gets millions in crop subsidies, land once given to ancestors by the government. Thinks food stamps should be cut off. Kansas will undergo another cut in foodstamps next montlh. Almost fifty percent this year. Kansas is suffering a net export of youth, The young and women flee the state.
I agree that we need to end subsidies for all entities including farmers, but are you prepared to pay 3 or 4 times the current
prices for your groceries? The gov. subsidizes farmers to supply cheap food to the masses so they afford to buy consumer goods.
IMO all gov subsidies is just about CONTROL. So let's end all gov teat and let the chips fall where they may!
Less gov = More freedom
If you do not work neither should you eat. Let the Church and families take care of the poor,
Per - Paul the least of the apostles
I'm almost afraid to say it but we might actually be seeing what this government was intended to do: fight amongst themselves until the best deal is worked out for the people. It's easy to write this view of mine off but it would be better - at this moment in time - to call your rep and hammer him/her over and over in the hope that now that we have momentum, we may be able to whip this political horse until we get some godd@mned common sense out of them all.
Common sense and Politician -- there's something wrong with that logic...
Boris is prepare popcorn and liquid refreshment, queue up YouTube on 14" (13" diagonal measure) CRT and gather family around to enjoy real time collapse of AmeriKa. Boris also is to prepare food storage and hidden shelter to survive subsequent collapse of rest of world as global Central Bank Hegemony is implode and to take out every citizenry in path.
Boris gonna need lotta popcorn.
Global access to corn restrain by Ethanol Agenda of USSA energy policy. Boris is work hard invent of means of pop cabbage and turnip.
Boris, you too goddamn funny!
I thought Boris is coming trapping with me for the premium value Canadian Beaver (Castor Canadensis)? Or was that just Alotofkrap?
Boris is short of air fare, maybe meet half way?
Slut hunting?
It was actually for the Castoreum, a secretion from the anal glands of the beaver used in perfumes and for its vanilla like flavoring.
In fact....if your ice cream says it has "natural" vanilla flavor....but does not contain vanilla bean....then it is probably flavored with this stuff.
Enjoy
TMI! TMI! I'll be sure to look for the vanilla BEAN!
And yes, I was using the 'double entendre' in my post above. Like saying "Out for trout". ;-)
And in the fur trade days, I'm told, the French/Parisians particularly favored the "Greasy Beaver". Whatever that mean. Besides a pelt with extra 'luster'. But we digress.
A friend of ours got involved with a group that liked to pretend they were French Voyagers and Native Americans on the weekends, something like a Renaissance Festival, only more realistic and uncomfortable. He even bought buckskins and an actual teepee. He would tell stories about his adventures, and once he was speaking of walking through camp watching the women working and he stated, "you should have seen that woman skinning that beaver." Of course, he's never lived that down, but I never realized until recently that he was acquiring valuable survival skills and equipment that may come to serve him and his family well.
I'm skeptical of this information. Wouldn't beaver anus glands be a scarce and difficult to harvest compared to vanilla beans (and vanilla bean extract)?
"I'm skeptical of this information. Wouldn't beaver anus glands be a scarce and difficult to harvest compared to vanilla beans (and vanilla bean extract)?"
Wish it wasn't true either.....but here's the proof you're looking for.....
http://www.health.com/health/gallery/0,,20588763_11,00.html
http://en.wikipedia.org/wiki/Castoreum
http://newsfeed.time.com/2013/10/03/your-vanilla-ice-cream-may-actually-...
http://newswatch.nationalgeographic.com/2013/10/01/beaver-butts-emit-goo...
what's wrong with beaver?
I got a little disappointed after i looked up Castor Canadensis. Trapping premium beavers in my mind was something very different.
Actually you should go to Boris, Russian Beaver is some of the best eating on the planet...... Pelts are usually shaved, not so good for warmth.
Here is an answer for this fiasco posted on the net:
REMOVE ALL EXEMPTIONS, EXCEPTIONS, AND WAIVERS TO OBAMACARE.
It’s that simple. The message is: If ObamaCare is so good for the people, then let everyone have it.
Right now. This instant.
The poor, the rich, the big unions, the big corporations, the politically connected, the lawyers, the lobbyists, and of course, Congress, too. Everyone means everyone.
“Everyone” must specifically include Senators, Congressmen, their staffs, Obama himself, Michelle, Sasha and Malia. It’s everyone in the rowboat, or no one.
That’s the only GOP demand. Forget defunding — it’s not going to happen. Fund it, but only if Obama agrees to end all exemptions, exceptions, and waivers today.
How’s that for a simple, clear and concise, easy to understand message? A message that puts the GOP clearly on the side of equality and fairness for all.
Make Obama own it. Make him tie his friends and donors into it right now — with no wiggle room. Then watch the fun begin.
Wayne Allyn Root.
There's more here than Boehner calling Obama's bluff. I think he wants to sign a clean bill for Obama, but the Tea Partiers and others in his party are holding him back. If that wasn't he case then by them saying or threatening Boehner to pass this for a clean vote would be enough for him to do it. He's not doing it because a big section has him hostage also. And probably they convinced him that Obama will have to negotiate because in the end he and not them will be blamed for not going to the table that is why they keep saying that. He won't talk to us, he won't talk to us. Keep doing that and people will think that.
I NEW YOU HAD A SET OF BALLS MR. SPEAKER....
Just let 'em swing in the cool breeze and enjoy it.
Expect the market to open way in the green with such talk.
You know....it just hit me !
Boner's statement today means the end is near to the impasse. We are about to see the Republicans fold. Here's why.
Boner is a coward......a straight out establishment coward. He's NEVER had balls on ANY of these issues. So what's different now?
I think he knows that enough Republicans are willing to jump ship REALLY soon now to sign a clean CR and stop the shutdown before the default date.....so Boner feels safe to come out and look all Tea Party and everything.
Just a hunch......but Boner didn't just magically grow balls for nothing. He's NOT about to risk his job over this. That's somebody ELSE'S job.
A previous article said the majority of the American people are waking up to the shutdown. That means it's almost over.
I really feel like I'm getting my money's worth watching this circus!
:-)
/Sarc waaaay off/
NOT!
If you listen to the words between all the BS on both sides you hear something very disturbing for average Americans. This has little to do with Obama Care.
There will be some face saving handshakes on that, giving Americans the option of Obama care or emloyee provided programs. But employers will also have the option of canceling their own policies and forcing people into Obama care. They will also be able to drive down hours to below 30 and make everyone pay for it themselves. It will all be in the footnotes.
The key to this is they are going to screw everyone on Medicare, SS and any other social benefit. If it goes past Oct 17th, all the better. You then get screwed with an even cheaper currency.
Enjoy Team Purple, America. If your stupid enough to think these two parties don't have the same agenda, you deserve everything they don't give you.
It is about creating cover for the next phase heist, just like 9/11 and the 2007-8 crash. Controlled, contrived, and always for nefarious purposes. This one for our last bit of heritage and birthriight, the last of liberty. Think distraction. Ask from what. Best wishes.
With the internet, we are getting to a point where Direct Democracy will actually be possible.
Representative democracy is antiquated and obsolete. Soon we will be able to replace our congress and senate completely and vote on the issues directly.
That is Mob Rule. Exactly what the checks and balances of our 3 branches of gov't were designed to prevent. Our system is fucked up now because of the entrenchment of PARTY, not because the system is inherently bad. To paraphrase Ben Franklin, a governing system is only as GOOD as its people are moral.
Internet voting?...
Now think about the NSA...
Uh, no thanks!
And that would be awesome; we can have the 60%+ of Americans on Gov benefits to vote themselves more of my money.
Open Source SW is great, but why State-run? Why not people-run? People themselves could decide what issues are important, and vote directly on them like they do in Switzerland. In that kind of system, politicians would become merely clerks taking care of the less important stuff.
Refund the war machine? Never! War profiteers rule with the Banksters.
OF course what Boozer Boner and our Emperor Obama will not tell anyone is that under the 14th Amendment it is UNCONSTITUTIONAL to fail to meet debt payment obligations. If the President and Secretary of the Treasury engage in such an action they can be impeached.
Pre-planned Great Depression II where the 1% buys everything for pennies on the dollar, just like the last time?
+1000
Cosmic Truthiness there my friend.
"The time to buy is when there is blood running in the streets"
Nail, meet Meat Hammer.
On October 29, the stock market collapsed. Thousands of investors were wiped out in a single day. The insiders who were forwarned had converted their stocks into cash while prices were still high. They now became the buyers. Some of the greatest fortunes in America were made in that fashion.
Wash. Rinse. Repeat.
For those of you who think the pro wrestling match is real, a little primer on our real form of government:
http://en.wikipedia.org/wiki/Inverted_totalitarianism
Be sure to hang the real architects this time.
Wickedness is never was happiness.
Ever get tired of fake nonsense talk?
Ever get tired of boring?
A sphincter says what?
Ever get tired of glass always half empty?
So they took advantage of some stupid people.
Government takes advantage of stupid people to the tune of 6+ trillion dollars every year.
Look in the mirror stupid people, you're the cause of your problems. You even screw the very few who are actually victims.
Agreed Meat Hammer. Boner's sudden impetus to hold the line seems awfully suspicious. Can't help but feel like someone is pulling his strings. Trying to figure out the strategy though...much harder to decode.
The strategy is the gov defaults, the criminals in DC know about it ahead of time and position themselves to get retarded rich, and the people argue about whose fault it is in the soup lines at club FEMA.
Elections shouldn't matter. -Nancy Pelosi
And they won't.
Was just thinking about Boner's motives as well. Could be this.....
He could be playing chicken NOT with Obama..... but with the Tea Partiers. What if enough Tea Partiers blink and sign up to push through a clean CR. That makes them look pretty ball-less and hypocritcal to the base. It could temper any uprising against the establishment Republicans like Boner.
The cracks are already showing.......
http://www.bloomberg.com/news/2013-10-04/tea-party-s-ross-says-debt-wort...
http://www.zerohedge.com/news/2013-10-03/are-house-republicans-starting-...
So....come election time.....Boner looks like the Tea Partier and the Tea Partiers who folded look like pussies.
All this just to sink the stock market 1,000 points seems a little to cut-and-dry. There's gotta be a strategic move for the elites hidden in there somewhere.
The tea partiers who fold better have their bunkers well-supplied and their families sequestered somewhere offshore.
", the soup lines at Camp Fema"
absolutely brilliant, mh!
All I can say to that is I wish this was October 29!
It's not going to be the same for the 99% rest assured...
But it's also not going to be the same for the 1%...
The dynamics and interrelationship of these banks and the inevitable outcome that will be here soon is completely different from what was experienced in the 20's and 30's.
When I think of the Rothschild's and Rockefeller's I keep telling myself that if I were them -be careful what you wish for. This ain't there grand daddies and great grand daddies kind of crash!
If you own all the money and all the property in the world,.....what the hell can you do with it?
To clarify I meant the same crew that started WWII that will now be starting WWIII because they can't agree on the timeline for death of the U.S. Dollar.
Not sure everyone within the "1% crowd" are in agreement on starting this one and that's the "difference".
They'll take this baby down when they're ready to buy: Who wouldn't want GE at 6?
So you're predicting hyper-deflation?
how many non essential employees are at my fellow ZH readers place of employment? i would gather very very little. the govt cut 800k in the blink of an eye and nothing changed. people dont feel the effect. they dont care. they are not clamoring for their government to reopen. keep it shut
Yeah. Zero. But what pisses me off is the pettyness of spending money we don't have to fence off the memorials & parks. How cheap and disgusting.
Obama's faggity ass faggotry, not confused with his gayness- not that there is anything wrong with that, is showing.
Unless of course you own/work for the deli/gas station/beer store outside of the government building/national park/base. Then you might be feeling it.
I think more people will realize how much they really depend on the government. Many more.
is that any different than working for the government? its one step removed but wholly dependant on .gov
Kabuki Theatre.
But....if he really isn't lying....then go ahead....let's blow this thing up.
Boom!
Schiff's lates on the debt magnet and Obama's foul lies.
https://www.youtube.com/watch?v=W6ot1kEnIJ8&feature=c4-overview&list=UUI...
Might as well blow it up now and get it over with. The longer the wait, the more painful it will be.
http://washingtonexaminer.com/wheres-sense-of-crisis-in-a-17-percent-government-shutdown/article/2536862
How can we be in a GOVT shutdown with 83% still working?.I call BS.Kabuki Theater for sure.
WHAT A FUCKING SHOW.
At least we may get a default and get something new to deal with.
All we are gonna end up with is:
MORE DEBT
MORE "TAPERING"
MORE SPENDING
MORE SHIT EXCUSES FOR THE STATE OF THINGS.
Hi J,
I try to alarm people
http://www.zerohedge.com/news/2013-10-06/boehner-says-we-are-path-defaul...
Is this clear to you? Thanks.
Fuck you Stephanopoulos, you little MSM lap-dog. Some of us remember how you treated Ron Paul.
Boner was tying Steph in knots. I thought Georgie was going to shit his Spider Man underoos.
Yeah, that weaselly little shit-midget can lick me where I pee.
Odd as it may seem, we feel that lower level maggots such as Stephpoos should meet Mr. Guillotine first, saving the marquee names for the Grand Finale.
Only if you live blog it to my Iphone. Can they twerk while they work?
I love ZH. This place has the best insults.
Will the republicrats cave in again? Time will tell.
Heh, heh. Don't worry, hostages, the gun ain't loaded.
It has never been about raising taxes and increased revenue. It is always about spending moar.
Without it, and the continual fiat and debt expansion, the Ponzi implodes.
End the FED, and fuck you Bernanke.
Default of one type or another is a given. Let's get on with it and end this charade so that we can finally get on to the new reality.
Death of one type or another is a given, too. IMO this escallates the conflict, and certainly will roil the markets. Hope no one here was long T's at Friday close...