Boehner Explains Why He Is About To Kick Can, Fold - Live Webcast

Tyler Durden's picture

The Speaker of the House has a plan - apparently - that enables the debt-limit "can" to be kicked 6-weeks down the line to Nov 22nd in a "clean" bill that appears dirtied by the lack of a CR for the government shutdown (though including a broader budget talks process). Democrats are already pushing for an end-2014 debt-ceiling extension that McConnell says "wil not fly." We look forward to hearing from Boehner on how this is not a "fold" and how the rank-and-file will agree to this... see you in six-weeks... (and while stocks are incapable of discounting anything that far out, T-Bills are starting to price in that reality).

But:. U.S. HOUSE REPUBLICAN LAWMAKERS CONCERNED THAT CLEAN DEBT LIMIT INCREASE WOULD NOT FORCE OBAMA TO NEGOTIATE-SENIOR REPUBLICAN AIDE

And: HOUSE REPUBLICAN LEADERS PLAN TO PRESENT PROPOSED SHORT-TERM DEBT LIMIT HIKE TO WHITE HOUSE ON THURSDAY; WANT TO SEE WHAT OBAMA OFFERS IN RETURN-SENIOR REPUBLICAN LAWMAKER

As Bloomberg notes,

President Barack Obama said he would accept a short-term increase in the debt limit without policy conditions and that he would negotiate on broader fiscal and health-care policy after the debt limit is raised and the shutdown ends. Many Republicans want to tie the debt-limit increase to party priorities such as cuts in entitlement programs. It’s unclear whether rank-and-file members will agree to the leadership’s proposal.

 

Reid must gain support from at least six Republicans. One way to do that would be to promise votes on Republican-backed amendments that Democrats could defeat, the aide said. A second vote with a 60-vote threshold would be required. Republican leaders have been meeting with party members to talk about ideas.

 

Representative Paul Ryan, a Wisconsin Republican and chairman of the House Budget Committee, advocates starting broader budget negotiations with Democrats. “Within the Republican caucus, there’s no agreement, and this is the challenge we’ve had all along,” Representative Chris Van Hollen of Maryland, the top Democrat on the House Budget Committee, said today on MSNBC’s “Morning Joe” program. Van Hollen said lawmakers “shouldn’t be tying raising the debt ceiling to any specific demand.” Still, he said, “we welcome the opportunity to have a discussion on the budget.” 

 

 


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McMolotov's picture

The Weeping Cheeto strikes again.

Hedgetard55's picture

Funny.

 

+55.

 

 

Bonehead.

 

I wonder why it took President Purple Lips so long to get Boner that case of Johnny Walker Blue?

hedgeless_horseman's picture

 

 

MOAR Debt = The responsiblething to do

MOAR Debt = Moar interest income to passive investors

MOAR Debt = Moar collateral for fractional reserve banking

MOAR Debt = Moar money for politicians to buy votes

MOAR Debt = Moar money for banks to buy politicians

YBNguy's picture

Boner explains why he will cave, same reason Justice Roberts caved on the PPACA: NSA blackmail

Bay of Pigs's picture

The cheap suit folds. Why are people surprised?

Anusocracy's picture

I hope they use a cheap card table for his tombstone when he dies.

Stuart's picture

Boner has now lost any remaining shred of credibility and may as well resign, now.  Obama is laughing his ass off at him.   

NRGIsFree's picture

Maybe just maybe.. they both work for the same banks.

camaro68ss's picture

I like to call him boner, because lets face it, there all abunch of dicks.

e_goldstein's picture

Personally I think Bohner is more of a cunt.

 

El Oregonian's picture

Boner rises to the challenge to give numbnuts cover, right on cue...

rbg81's picture

Bohner is absolutely fucking worthless.  Seriously, where do they find these people?

Crash Overide's picture

It went from "the whole world is watching" to "the whole world is laughing"...

The revolution may not be televised but the circus is.

Son of Captain Nemo's picture

"Seriously, where do they find these people?"...

Why the American people vote for them of course? And keep rewarding them with a new term even when they keep fucking up! Doesn't say much for the "Buckeye State" but why pick on Ohio when there is "so much love" to spread around?

After reading todays headlines on ZH why even bother trying to change it? Expending needless energy here certainly isn't fixing it and the best part is Boner and the rest of the criminal accomplices that he works (with and for) know it too!

Groundhog Day's picture

MOAR Debt = Lower Gold Prices....Naturally

max2205's picture

Boner....your shitty career is OVER

Bay of Pigs's picture

Exactly. He is doing what he is told. Nothing moar. It is a pathetic joke.

Send in the Clowns...

Dr. No's picture

A) he can get a cush lobbyist job

B) if they didnt fire him after TARP, there is no way a small budget issue is going to change the minds of his district.

Stoploss's picture

FUCK YOU BOHNEHEAD........................

 

Fuck you.....

f16hoser's picture

Could not have said it any better myself. No wait, Fuck You and Die Boner! How's that?

Renewable Life's picture

Of course they will fold, the fucking GOP party platform says NOTHING about opposeing an increase in the debt ceiling, it says nothing about not funding a government in deficit budgets, it says nothing about spending unlimited funds on the MIC or domestic welfare!

How the fuck do expect these people to suddenly stand for things they really don't believe in?????

Until we elect these spineless, narrasistic, weasel politicians under a specific platform, that everyone understands going in, it's a charade and all we are seeing now in Paul Ryan jockeying for attention for his run at class clown president in 16!

McMolotov's picture

Republicans talk a good limited government game, but they never back it up with action. You'd think folks would have caught on by now, but too many focus on the side issues like gay marriage and abortion.

If the only area of disagreement between the two parties is social issues, we don't actually have two parties. We have one party that's figured out how to keep everyone distracted while they plug us in the ass.

PivotalTrades's picture

That has only become true during the last 15 to 20 years. Prior there was a difference as to the size and responsibility of the government. However, as the population became less self relient the GOP found it was becoming more difficult to win elections and decided to join the Dems in their vote buying scheme. Until we the people defeat the vested interest of the Teachers Union which has indoctrinated our populus into beleiving that there is a free lunch to be provived by the "Government" we are doomed. Youir enemy and the enemy of the nation is your neighbor who indoctrinatres your children for there own interest.

PivotalTrades's picture

The first GWB who believed that Reaganomics was voodoo.

Renewable Life's picture

Lol, your off in lala land, ya the teachers unions are just ONE of an equal dozen problems that plague this Country!!!

You want to defeat the teachers unions, start by limiting the funds they can tax out of the population, you want to defeat the big banks, start by limiting the funds they can get from spending without end politics and money printing, you want to defeat the wars without end, start by limiting the amount of taxes that can be levied and the money printing, you want to defeat the welfare state, start by limiting the taxes and money printing.......

Are you starting to see a pattern here????? Stop focusing on any ONE micro issue and wake the fuck up to the only issue!!!! We either stop spending, printing, and taxing the hell out of the Country, or nothing else matters, and the #1 way to bring it ALL to a halt, is dont raise that fucking debt ceiling another penny!!!

DosZap's picture

This is like a BAD Soap Opera, like As the World Burns.

Silver_K-9's picture

Yo Z-Hedgers what does "BTFATH" mean...? Thx in ADV!

smlbizman's picture

buy the fucking all time high

Sweet Chicken's picture

 

 

Boehner

Tans

For

Another

Hour

McMolotov's picture

Buy tobacco, firearms, alcohol, Twinkies, and heroin.

Dr. Engali's picture

You buy twinkies and I'll buy thirty ought six.

hedgeless_horseman's picture

 

 

Buy tobacco, firearms, alcohol,

...toiletpaper and helmet.

DaveyJones's picture

buy Tobacco, Firearms, Alcohol, Then Hookers

Hippocratic Oaf's picture

You don't buy hookers, you rent them.

So you can tell them when it's time to fucking leave.

DaveyJones's picture

don't say "fucking leave," that will confuse them

ponyboy96's picture

If you can find some...still looking for 9mm, 22, 40, 45, etc...556 a plenty though

SheepDog-One's picture

gunbot.com....plenty of all that there.

Dr. Engali's picture

Finding ammo is not an issue if you know where to look:

 

http://www.gunbot.net/ 

 

This site filters all the ammo sites by cost and whether or not the supplier has it in stock.

knightowl77's picture

Been there - they have a good selection for almost any caliber

 

Still shocking to see the price of .22LR thanks to this adminstration's policies

rpboxster's picture

Cabela's has 1000rd boxes of 22LR in stock at $50.  That's about as low as I've seen it in awhile.  Still cant' find 9mm or 223 at a decent price, tho.

superflex's picture

9 and 22 are the shortages here.  45 acp and 5.56 are a plenty.

TeamDepends's picture

You'd be surprised what you can catch with a Twinkie trap.

Australian Economist's picture

'Bernanke that fucking asshole tastes horrible' - Yellen, Fed Nomination Speech 2013 

Dollar Bill Hiccup's picture

I wonder what Harry's days were like as Head of the Gaming Commission in Nevada.

Only have one source for that, one of the all time great movies ...