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Boehner Explains Why He Is About To Kick Can, Fold - Live Webcast
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
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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The Weeping Cheeto strikes again.
Funny.
+55.
Bonehead.
I wonder why it took President Purple Lips so long to get Boner that case of Johnny Walker Blue?
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
Boner explains why he will cave, same reason Justice Roberts caved on the PPACA: NSA blackmail
The cheap suit folds. Why are people surprised?
I hope they use a cheap card table for his tombstone when he dies.
Boner has now lost any remaining shred of credibility and may as well resign, now. Obama is laughing his ass off at him.
Maybe just maybe.. they both work for the same banks.
I like to call him boner, because lets face it, there all abunch of dicks.
Personally I think Bohner is more of a cunt.
Boner rises to the challenge to give numbnuts cover, right on cue...
Bohner is absolutely fucking worthless. Seriously, where do they find these people?
It went from "the whole world is watching" to "the whole world is laughing"...
The revolution may not be televised but the circus is.
"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!
MOAR Debt = Lower Gold Prices....Naturally
Boner....your shitty career is OVER
I disagree.
Exactly. He is doing what he is told. Nothing moar. It is a pathetic joke.
Send in the Clowns...
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.
FUCK YOU BOHNEHEAD........................
Fuck you.....
Could not have said it any better myself. No wait, Fuck You and Die Boner! How's that?
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!
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.
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.
15-20 years?
pods
The first GWB who believed that Reaganomics was voodoo.
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!!!
This is like a BAD Soap Opera, like As the World Burns.
Yo Z-Hedgers what does "BTFATH" mean...? Thx in ADV!
buy the fucking all time high
Boehner
Tans
For
Another
Hour
Buy The Fucking All Time High
Buy tobacco, firearms, alcohol, Twinkies, and heroin.
You buy twinkies and I'll buy thirty ought six.
...toiletpaper and helmet.
buy Tobacco, Firearms, Alcohol, Then Hookers
You don't buy hookers, you rent them.
So you can tell them when it's time to fucking leave.
don't say "fucking leave," that will confuse them
If you can find some...still looking for 9mm, 22, 40, 45, etc...556 a plenty though
gunbot.com....plenty of all that there.
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.
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
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.
9 and 22 are the shortages here. 45 acp and 5.56 are a plenty.
You'd be surprised what you can catch with a Twinkie trap.
Tru dat
you can even beat a murder rap
'Bernanke that fucking asshole tastes horrible' - Yellen, Fed Nomination Speech 2013
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 ...
"Weeping Cheetoh"
+1000
cool, more time to stack .223 and 9mm
And 7.62x39 and 556 and 30-06 and don't forget the CLP!
x51. Go 7.62 NATO or 308 WIN if you want to make them count.
I've been using ATF, transmission fluid myself and think it's freakin great. Lot's cheaper than CLP, too.
cool, more time to stack .223 and 9mm
Useless,(except for Zombies) go min of .300WM, preferably .338 Lapua.(the above will not work on TL IV vests now std issue.)
7.62 NATO ought to do fine, but tens of millions of deer rifles out there punch much harder still. 7mm magnum has been common for many decades and punches through half inch steel plate leaving a frozen splash of liquefied metal even a couple hundred yards out. But go bigger if you like.
On todays episode of As The Debt Churns, a limp Boehner caves again....
The Weeping Cheeto! You should Trademark that name. LOL Frito-Lay makes Cheeto's right? Each bag could come with a Weeping Cheeto action figure.
No balls!
Boner must have French ancestors. The only things he knows how to do is cry and surrender.
The picture of him that Drudge has up right now makes him look like a pedo-bear (or a French-Canadian).
Wow. Went to Drudge to see for myself and you weren't kidding. Way creepier than the dozens of Florida Orangemen pics I've seen of him.
The only plan is to fuck over savers and risk averse and ensure government extortion of its citizens.
Love, Kangaroo Kongress
Bring on the whiner.
As usual the republicans fold and Boehner cries.
The republican party as we know it is done. They will loose the house as well. Not that it matters much as we have a democratic and democratic lite pary now.
As usual the republicans fold and Boehner cries.
The republican party as we know it is done. They will loose the house as well. Not that it matters much as we have a democratic and democratic lite pary now.
Respectfully,disagree, even the Libs, and liberal College students are blaming the ENTIRE deal on the Dems, and Esp the Leader(or lack of).MAJOR backfire in 2014.
Concur, for once the spines on the Repubs have stiffened a bit
They need to be encouraged to do more - to use the full Power of the Purse and cut up Obama's credit cards for good
It also seems that a lot of people are recognizing that the obama admin is going out of its way to make this partial shutdown worse than it actually should be
the "Free Shit Army" will never vote Republican (Libertarian maybe) but even if they did "WHAT DIFFERENCE DOES IT MAKE?"
Maybe the strategy is to make the statists go nuts publically for another few weeks, doing things like preventing vets from visiting outdoor monuments, closing off highway pullouts that have good views, and causing crypto fascist columnists to call for martial law. It took 30 something months between watergate and impeachment, and o zero has done much worse. It is important to render this anti American shithead an object of contempt. The Obamacare rollout is helping of course, and worse is yet to come.
The complete lie of a "shutdown" has only emphasized just how many people are on the dole and who cannot see their own part in the mess. The veterans, the widows if KIA, the SS recipients, all the way down to the FSA EBT card holders are all full of shit! No more sacred cows, just cut it all, across the board and stop with all the bleeding heart crap nonsense from each special interest party. The alternative is for all of us to experience quite possibly the worst calamity since WWII. Do we really want that?
If he remains a Speaker this will end in (more) tears.
No sign yet he'll be forced out. Cantor and Ryan got no stones.
Some revolution.
Cantor and Ryan are butt buddies with William Kristol. It's no secret that William Kristol hates the Taxed Enough Allready folks.
And who the hell is surprised? An illusion, granted a piss poor illusion, of choice is all we have in DC.
I see that the 10 year Treasury is up above 2.7% again. Is this from jubilation that the debt limit will be raised, or due to consternation that the debt limit will be raised?
Both
I'm beginning to think that when Boehner goes to talk to the Tea Partiers, they put him on the end of a stick and toast him like a marshmallow...hence the orange glow.
No need for Boner to talk to the Taxed Enough Allready folks. Red/Blue fascists are trying their damdest to marginalize those people.
Next Reid, Obama and Pelosi push for a new constitution.
Expect the weak republicans to buckle.
http://www.oftwominds.com/blogoct13/constitution-parody10-13.html
Oh and look at the wicked witch of the West clapping away. Can't believe it was only a short 5 years and 8 TRILLION dollars ago when she gave this speech about the irresponsible spending under George Bush? LOL
Only need to watch the first 2 mins to puke!!!
http://www.youtube.com/watch?v=IeEK4NJ4kM8
.
boehner holds a gun to his own head, wants to negotiate. :bizarre:
Waiting for World War folks.
USSA cannot risk losing USA Dollar as World Currency Reserve,
Yet, Obama is doing everything possible to accomplish the USSA Dollar's collapse.
This is the kind of fundamental transformation he was talking about. Change!
News Headline:
"After Thinking About it Carefully, Government Decides to Give Itself What It Wants"
Market will eventually collapse, but not because of the stuff they are lamenting over right now.
All of this is a complete and utter shit show. Best to ignore it all.
if you ignore it all, then you might miss the timing of the meltdown and when TSHTF, timing is everything.
Wednesday October 9 9:00am
against the grain,
surviving progress.
http://archive.wbai.org/#ankor25
He's running a bit behind as Boehner, Obama, and bank CEO's are trying to finalize Boehner's speech so they can transfer more wealth from the middle/lower classes to themselves.
Boner - wow, the republicans won't even be a modest speed bump for the next 3.5 years. Throw THEM ALL OUT!
Turn this matter over to Cruz and get rid of Bonier. Hopeful about Obamas behavior is laughable!
http://www.youtube.com/watch?v=RT9FfECB8A8
BBC's Surviving Progress (2011) HDTV
This is the time to stand strong and count the advantages the Republicans have for winning a delay in Obamacare.
A repeal of Obamacare is not possible while Obama is president because he will veto it; but delaying indefinitely its funding accomplishes the same purpose.
During this shutdown, the rollout of the Obamacare sign-up program has proven so bad that each day it is diminishing Obama’s position, suggesting that a one-year delay in the individual mandate is only reasonable.
Rich Lowry in Politico today (yes, the leftist website) labels the Affordable Care Act signup: “Train Wreck: the Obamacare Rollout.”
An extension to deal with the debt limit could actually give the Republicans some breathing room while more problems develop with the signups and states begin to fight Obama’s punishment technique over the shutdown.
Examples:
At least one Utah county is moving toward civil disobedience in opening its national monument to visitors to prevent a substantial loss of community revenue (San Juan County).
The state of Arizona is trying hard to reopen the Grand Canyon and would fund the cost itself, so far denied by Obama but this pressure is bound to lead to confrontation.
Veterans’ groups vow to up the pressure to relieve the punishment concerning memorials and dedicative sites…
The point is this is going to get rough because the public sector now is pushing the private sector; these communities are losing money, and they are going to push back. And the Republicans stand ready to provide the bills that would provide the funding for the monuments.
These contentions over Obamacare are considerably more significant than health care; they constitute an all out assault on America’s capitalistic free enterprise contract society. It is time for everyone to pick a side - and for the Republicans to stand their ground.
This is not a fight among kids, and it is not theater; this is a fight between Americans and the only kids involved are the ill-informed, frivolous, uneducated media jackals.
Re: These contentions over Obamacare are considerably more significant than health care; they constitute an all out assault on America’s capitalistic free enterprise contract society
Yeah, I'm sick of all these worthless OldFarts who think they are entitled to unlimited hip-replacement surgery.
End the socialist Medicare scam along with Obamacare. Let these OldFarts die.
(Get yer socialist hands off my Medicare, I'm entitled to that free motor-scooter!)
Says one of the Obamaphone, EBT-mooching younger farts.
It should only take 10 seconds.
We don't have the stomach to carry on - you win barry, don't rub our noses in it too hard.
This is just whores negotiating the price. We're sold. Think of creative ways to ratfuck the bastards
Ha! This ought to be good for at least, another 300-400 point Dow jump...
One has to wonder if this was the real plan contrived by the up to now invisible evil twins of Cantor and Ryan and their brother from another mother Barry
In a two week period they have disemboweled both the Tea Party and Boner and secured the dems in power for a generation. Can you say President Chelsea?
The good news / bad news
first the bad news - President Hillary for two terms followed by President Chelsea and or Michelle
next the good news -- those bastard republican traitors will never be in power again as the real Tea Party is about to be born
I believe this whole drama was to shut up the Tea Party folks.
Yeah, It's being strung together right now from loose strands of whiny-ass lounge lizard DNA & pulp-mill effluvia as we speak; LIVE from KochBrothers(tm) Labs! You sincerely THINK those billionaire racist fucks will let ANYONE 'ordinary' have a look in? Please. there are too many real problems that cannot be fixed by an infusion of hicks. Let's just get on with it and join the rest of the world in the 22nd Century before it's too late.
What a magnificent waste of time that was.
Wookie for President - not happening.
WTF was that? It was a whole of nothing, just some more spackel and paint
And caulk, lots and lots of caulk
arrest them all for gambling and manipulation
of the basis for the credit default swaps market
and contributing to the delinquency of minors.
The French are envious at how quickly the GOP can surrender. (PS- I think the French are under-rated. Most of their wars were against Germany and England. That's a tough conference).
REPUBLCANS CAVED. INSANE JACKASSES
Great photo Tyler. Perfect.
And back above 15,000 on the worthless DOW. We are saved. And with Janet at the helm, what could possibly go wrong. I am buying NFLX AMZN CMG FB BBY and GS here. Cannot miss.
Oh my God, we are so screwed.
Did anyone notice? Looked like Boner was wearing knee pads?
@Many Republicans want to tie the debt-limit increase to party priorities such as cuts in entitlement programs. -- Bloomberg
In this and in all of the banker propaganda, the lie revolves around the word “many.” Through Huffington, Salon, Network News, Washington Post, Bloomberg, etc., this Bernays propaganda machine seeks, like Toyko Rose, a.k.a., John McCain, to demoralize the Republican opposition to Obamacare. The truth is that each member of Congress, particularly now in the Republican Party, are individuals not “moderates” nor “Tea Partiers” but are trying to represent their districts and stay in office with, not their opinions, but with their votes.
Bloomberg, et al., would lump them altogether in a force to raise the debt limit, fund Obamacare and get on with the financial elites’ year-end bonuses.
@ Representative Paul Ryan, a Wisconsin Republican and chairman of the House Budget Committee, advocates starting broader budget negotiations with Democrats.-- Bloomberg
Rep. Ryan is becoming the John McCain of the House, leading the fight for the Bob Rubin principle – balance the budget by cutting Social and Medicare. Like McCain, Ryan would fund Obamacare. How opportune for the Obamacare crowd that he "introduces" his "proposal" at this critical moment when the Republicans have the moral high ground.
Well, it looks like the Red Team's desire to keep their manly crony-socialist scams going was more important than keeping the lazy brown-people from getting the same godless commy socialist health-care that the worthless OldFarts do.
Huh, WhoCouldaKnowed.
GOP = The Sissy Party
http://www.treasury.gov/initiatives/pages/debtlimit.aspx
Debt Limit
The debt limit is the total amount of money that the United States government is authorized to borrow to meet its existing legal obligations, including Social Security and Medicare benefits, military salaries, interest on the national debt, tax refunds, and other payments. The debt limit does not authorize new spending commitments. It simply allows the government to finance existing legal obligations that Congresses and presidents of both parties have made in the past.
Failing to increase the debt limit would have catastrophic economic consequences. It would cause the government to default on its legal obligations – an unprecedented event in American history. That would precipitate another financial crisis and threaten the jobs and savings of everyday Americans – putting the United States right back in a deep economic hole, just as the country is recovering from the recent recession.
Congress has always acted when called upon to raise the debt limit. Since 1960, Congress has acted 78 separate times to permanently raise, temporarily extend, or revise the definition of the debt limit – 49 times under Republican presidents and 29 times under Democratic presidents. In the coming weeks, Congress must act to increase the debt limit. Congressional leaders in both parties have recognized that this is necessary. Recently, however, a number of myths about this issue have begun to surface.
Hold your ground bitch, don't be a pussy.