Now Republicans Can't Even Agree On How The Obama Meeting Went

Tyler Durden's picture

Of course, equity markets can only hear one thing (for fear of the consideration of Plan B) but as The Washington Post notes, the Senate Republicans can't agree on how their meeting with Obama went.

  • Good - Sen. Bon Corker: "I was pleasantly surprised, I think there's a gelling that's beginning to take place."
  • Bad - Sen. Susan Collins: "I don't want to give the impress that he endorsed it, but he indicated there were 'elements' with which he agreed."
  • Ugly - Sen John Cornyn: "...what could have been a productive conversation was instead another predictable lecture from the President that did not lay out a new path forward."

Summing it all up (and mixing metaphors) - it's a Goldilocks meeting for stocks.

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One And Only's picture

Octagon. Last man standing decides. I

Pinto Currency's picture

A person could almost think barry wants a crisis to then declare an emergency to impose his own will.

hail barry.

McMolotov's picture

"Hail Barry, full of shit..."

12ToothAssassin's picture

Even the Hegelian dialectic is dialectic. How meta.

Arius's picture

i remember one journalist summing up a briefing Tony Blair had with 4 journalist ... he was supposed to tell them smt important.  The guy said he talked for about half an hour and we did not know what he said ... exactly!

now place your bets ... suckers...

cougar_w's picture

I was saying at the runup to the last election cycle that there was a measurable probability that whoever gets elected is the last elected president of the United States of America.

So yeah, it's out there. If this really is the end-game on a global scale then you are getting a dictator and there are no two ways about it, son.

TeamDepends's picture

He likes to tate dic alright.

max2205's picture

It went like this:


You crackers better give me e everything or I cut snap....and then watch'em come after you

BandGap's picture

I'm thinking the same shit three days ago, at the darkest hour. Thinking "watch them work a deal", then saying to myself "no, they could offer their souls at this point but this shit is going down". At this point I just ignore the news. I think we will not have a deal when the time comes.

The limit will be breached. News today is that a 30 day window exists where people wouldn't lose faith if we hit the debt limit and were constrained for 30 days. Saw it in print.  The FDIC insures money market funds they said. Is that a real pancho or a Sears pancho? No foolin'.

HS football, beer, college football, beer, rifle range when the head clears.

Millivanilli's picture

John Boner, after a good mucousy weep with his head on the lap of Obama- I hear he digs that, offered to fast track and increase funding for obamacare.


How is everyone enjoying this made for teevee soap opera?  


Just wait until the muppets find out they have to spend at least 3600 dollars a year on health care with a 6k dollar deductable. 


Nice and affordable...

NOTaREALmerican's picture

Re:  at least 3600 dollars a year on health care with a 6k dollar deductable

That's what I'm paying now at my TBTF bank, but I've got a 10k deductable.  What's the problem?

Millivanilli's picture

That isn't health care it is a gift to insurance companies.

NOTaREALmerican's picture

Re:  That isn't health care it is a gift to insurance companies.

It covers catastrophic events.   That's all I need.

Besides, Obama care was written by an Insurance Lobbiest.   But, look at OldFartMedicare, that's nothing but a scam for the insurance companies and doctors too.

The US has been one big scam for (at least) 150 years.    If you're in on the scams, life is good.  If not...   Well,  just life.

Urban Redneck's picture

If the Retards were smart and actually wanted to stop Obamacare, instead of playing games they should have pushed ahead forward and insisted that that the carve out (so far only a 1yr delay) for big business was REVOKED - because THEY want push back against unfair advantages being granted to big business and big donors... Shift the conversation to administration corruption and let the deep pockets with offshore dollars push their bitch to back off his baby.

Call me Ishmael's picture

Tyler, why do guys like you and I know what a duvet is?

Jumbotron's picture

As I said a couple of days ago.......shit gets real Monday if there is no deal.

Wall Street will see to that.....not to mention Maria Bartaromo going hysterical.

lolmao500's picture


Where are these people's relatives to force sense into them?? I mean, if any of these fucks were my uncles or father or whatever, I would tell them to stop their bullshit and stop acting like pussies.

JLee2027's picture

One million green up arrows.

Al Huxley's picture

Bad news - if there's no deal, I think it's in the president's mandate to just basically seize control - bye bye to even the current facade of elected representation and welcome to full-on empire.

NoDebt's picture

Agreed.  First thing will be overriding the debt ceiling based on an EO or "Emergency Powers."

Supreme Court will stand pat since nobody will even bring a lawsuit.

Reading history, I used to marvel that societies would be so stupid as to allow ruthless dictators to take over their country to everyone's detriment.  Now I understand.

NOTaREALmerican's picture

Re: I mean, if any of these fucks were my uncles or father or whatever, I would tell them to stop their bullshit and stop acting like pussies.

You actually think the families of the political class isn't in on all the Big-Gov scams?  You think family connections mean nothing?   You think politicians are there for anything other than getting lots of "Keynesian" loot for the buddies and families?

Jesus F Christ...   

HardAssets's picture

Be gentle on him. Some havent fully weaned themselves off of listening to Limbaugh or watching Fox either. Many hardcore conservatives haven't quite figured out the false 'dem vs repub' illusion and screw job yet.

HardAssets's picture


Where are these people's relatives to force sense into them?? I mean, if any of these fucks were my uncles or father or whatever, I would tell them to stop their bullshit and stop acting like pussies."


Oh you still think they are 'fighting' and on different teams ?  Such innocence.

The bought-and-paid-for demorepublicraps work for the same people and for the same goal. The end of American sovereignty and a global new world order. The same goal theyve pursued for over a century.

When the circus is over, theyll make a so-called 'deal' (nothing but a circus act - all of it) and in the meantime most have seemed to forgotten that the shutdown was supposed to be about opposition to Commie 'health care'. 

hangemhigh77's picture

yeah but I bet everyone smoked a bunch of doobies.

12ToothAssassin's picture

And Reggie Love reacharounds for everyone!!

McMolotov's picture

They're gonna be doing a lot of doobie smokin' when they're living in a van down by the river.

cougar_w's picture

When you put it that way, I can almost let it go.


fooshorter's picture

+1 for Government Cheese

LetThemEatRand's picture

They can't agree on how the meeting went because they just went and had a drink together and the real conversation was, "so how much longer do we have to pretend that there's the smallest chance that we won't raise the debt ceiling?"  They forgot to even get their cover stories straight about the supposed substantive meeting.

hangemhigh77's picture

I bet they played the circle jerk game and Boner lost.

thismarketisrigged's picture

tyler, don't you understand, you are not playing the game correctly.


from now until 4pm, the meeting was very good, and is deff a step in the right direction.


at 4:01 pm until sunday around like 5:45 pm, you can then speak the truth, but must revert back to bullshit by 6 pm eastern when equity future markets open.

hangemhigh77's picture

I want them to go into a meeting and then never come out, a meeting with their makers.

vote_libertarian_party's picture

So we went from:


No deal = sell sell sell




No deal = buy buy buy


Ok, makes perfect sense

hangemhigh77's picture

But the important question is, did they have finger sandwiches at the meeting or just cheese and crackers?  And where's the party at tonight?

Bunga Bunga's picture

Wall St loves that stupid drama. Gold -> crashing. Treasuries -> not save. Buy stocks, you idiots!

Devotional's picture

The Syria issue backfired on Obanana and now he wants to show off with this BS.

QQQBall's picture

Just point out one more time - the discussion is being framed in a specific way by both sides. Absolutely NO mention of spending cust; just tax cuts and more debt. DC & USA are clearly broken.  

thismarketisrigged's picture

i love how these assholes are talking like '' if there is no deal by monday, markets may sell off''.


ya, maybe the dow would fall 35 pts, we all know the market has not had a real sell off since 2011.


fucking bullshit.


and no, pumping the market up fucking 6 percent on nothing than selling off 3 percent is not a fucking sell off.


i dont want to here these assholes talk about a sell off until i fucking see a -1200 day on the dow at minimum.


dont give me this -140 day as a fucking sell off.

hangemhigh77's picture

Pleae in the future refer to them as "cocksuckers" it's so much more appropriate and vile.

walküre's picture

The tea party has to make an impact or they can pack up and go the way of the Dodo bird after this showdown. There's political capital at stake and therefore tons of real capital tied up.

Stock market is just a casino and not a true reflection of anything other than establish market manipulation.

Obamacare is like the Nazi label. It's overused and overrated. The faction fighting "Obamacare" is pulling this gig for something entirely different and for all intense and purposes, it could well be the end of US debt financing as we know it and the beginning of a sound fiscal and monetary policy starting with the implementation of a budget.

Either way, there will be a new script after this one's done. Count on it. The political and therefore financial investments have not been placed without expecting a full return on said capital.

earnyermoney's picture

how do they make an impact when the Red and Blue fascists are aligned against them?

walküre's picture

Is irrelevant. What's the purpose of the tea party and who is funding them to bring this ship down?

Kabuki theatre aside, the showdown and its outcome will have real consequences.

There's no debt deal and there won't be a debt deal unless that deal is linked to real spending cuts. Otherwise, what would be the point of this exercise?

Nobody wants to be the loser and carry that label "big epic fail" for the rest of their term.

NOTaREALmerican's picture

Re:   how do they make an impact


1)  Acknowledging that you've got a 1 dollar 1 vote system, and try to change that.

2) Stop genuflecting in the presence of Big-Corp, as Big-Corp needs Big-Gov.

The Tea Party is more obsessed about "those people" than anything else tho.   

They can't even acknowledge the socialist scams they are living off of.  

Git your hands off my Medicare,  I don't get no socialist benefits, I'm ENTITLED to that motorscooter.


QQQBall's picture

don't worry - regardless of what happens, Precious will get thumped

hangemhigh77's picture

right now the market is hinging on JPM and all their BS.  They are actually confirmed cocksuckers by the way.