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Republican Senators Emerge: "Meeting With Obama Was Productive But No Deal Yet"

Tyler Durden's picture




 

It would appear - in a similar vein to last night's White House exit - the stock market is a little disappointed that Democrats and Republicans did not come out holding hands. Instead, we get the usual maybe good, maybe bad statements:

  • SENATOR ORRIN HATCH SAYS OBAMA EXPRESSED CONCERNS OVER DURATION OF HOUSE REPUBLICAN DEBT LIMIT PLAN (well that's 'bad' news for a deal), but
  • *OBAMA DIDN'T REJECT MEDICAL DEVICE TAX REPEAL, HATCH SAYS (well that's good news for a deal)

For now the Dow is 30 points off its highs on this lack of news.

US Senate Republicans call meeting with Obama productive, but say no deal reached on debt-limit of government shutdown.

 

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Fri, 10/11/2013 - 13:54 | 4045878 Zer0head
Zer0head's picture

The emerged from the White House screening room where they viewed some videos supplied by the NSA.

Fri, 10/11/2013 - 13:54 | 4045884 SilverDoctors
SilverDoctors's picture

Meanwhile...it appears #T2SDA truckers are shutting down DC today...the MSM is calling this a non-event.
http://www.silverdoctors.com/t2sda-truckers-shutting-down-traffic-in-dc/

Fri, 10/11/2013 - 13:57 | 4045897 Stoploss
Stoploss's picture

EVERYBODY HAS TO GET THEIR BREAK, EXCEPT THE FUCKING TAXPAYER.........

Fri, 10/11/2013 - 13:58 | 4045902 12ToothAssassin
12ToothAssassin's picture

The politicians emerged and saw their shadow so there will be two more weeks of shutdown.

Fri, 10/11/2013 - 14:13 | 4045955 max2205
max2205's picture

If boener blows barry....do we have a deal?

Fri, 10/11/2013 - 14:13 | 4045960 WarHorse
WarHorse's picture

One big circle jerk

Fri, 10/11/2013 - 15:12 | 4046154 smlbizman
smlbizman's picture

if you want to follow live here are all the camera feeds...if you go to interactive you can really pin point an area...

http://www.chart.maryland.gov/TravInfo/trafficcams.php#

Fri, 10/11/2013 - 17:34 | 4046540 Manthong
Manthong's picture

"Meeting With Obama Was Productive.."

..he made our bowels move.

Fri, 10/11/2013 - 14:00 | 4045915 bigdumbnugly
bigdumbnugly's picture
Republican Senators Emerge: "Meeting With Obama Was Productive But No Deal Yet"

 

so just poking their heads up after a little oral foreplay then, right?

Fri, 10/11/2013 - 14:07 | 4045941 JPM Hater001
JPM Hater001's picture

Explain this to me, why would I want to go into the weekend invested without a deal?  I just made back the losses...

 

think about it

Fri, 10/11/2013 - 14:00 | 4045907 hangemhigh77
hangemhigh77's picture

they should pack one of those trucks with C-4 and visit the downtown area.

Fri, 10/11/2013 - 14:03 | 4045927 StacksOnStacks
StacksOnStacks's picture

People are waking up to this scam, they're pissed.  It brings a smile to my face.  BUT... How long until TPTB start exterminating these truckers?

Fri, 10/11/2013 - 14:11 | 4045946 McMolotov
McMolotov's picture

Let's hope none of those trucks is a self-driving, exploding Mercedes.

Fri, 10/11/2013 - 14:00 | 4045881 Millivanilli
Millivanilli's picture

FUCK THE GOV.

 

 

Fri, 10/11/2013 - 14:16 | 4045964 lolmao500
lolmao500's picture

Fuck the GOV's mom!

Fri, 10/11/2013 - 13:56 | 4045882 Charles Nelson ...
Charles Nelson Reilly's picture

seriously?!?  That old fuck Orrin Hatch is still alive?   Why don't you take your $950k a year pension and retire you sociopath.

Fri, 10/11/2013 - 14:10 | 4045945 JPM Hater001
JPM Hater001's picture

Orrin, are you commenting on Orrin to keep him relevent?

Fri, 10/11/2013 - 14:21 | 4045973 Urban Redneck
Urban Redneck's picture

The Banksters and other Kleptocrats want him alive to rewrite his new annuitization of IRAs bill to suit their own ends... the big question being exactly which camp of thieves winds up with the spoils of confiscation to finance their personal perversions. Stay tuned it should be interesting-

Fri, 10/11/2013 - 13:58 | 4045898 hangemhigh77
hangemhigh77's picture

Fuck their deals.  Take a crap on the table and tell them THATS THE DEAL BITCH.

Fri, 10/11/2013 - 13:58 | 4045899 fooshorter
fooshorter's picture

Had enough?!

Start thinking in 3's

http://en.wikipedia.org/wiki/Third_party_(United_States)

Fri, 10/11/2013 - 13:58 | 4045903 vote_libertaria...
vote_libertarian_party's picture

Must wait until AH's for the NO DEAL headlines.  Gives TPTB 48 hours to plug in extra buy buy buy bots for Monday.

Fri, 10/11/2013 - 14:00 | 4045904 vote_libertaria...
vote_libertarian_party's picture

Must wait until AH's for the NO DEAL headlines.  Gives TPTB 48 hours to plug in extra buy buy buy bots for Monday.

Fri, 10/11/2013 - 14:00 | 4045905 NoDebt
NoDebt's picture

If I keep paying attention to this stuff I think I'm going to go blind.  Just like that other thing I was told would make me go blind if I paid too much attention to it.

Fri, 10/11/2013 - 14:04 | 4045931 Grande Tetons
Grande Tetons's picture

If the government could tax jacking off they would solve the deficit problem in a year.  That is only including the tax receipts from your average male. 

Fri, 10/11/2013 - 14:10 | 4045944 NoDebt
NoDebt's picture

Don't give them any more stupid ideas, please.  They have plenty of their own aready.

Fri, 10/11/2013 - 14:13 | 4045952 Grande Tetons
Grande Tetons's picture

Just to be safe....put tape over the camera eye before firing up Porntube. 

Fri, 10/11/2013 - 14:14 | 4045958 Dr. Engali
Dr. Engali's picture

They have ideas?

Fri, 10/11/2013 - 14:10 | 4045943 Dr. Engali
Dr. Engali's picture

Sitting too close to the teevee?

Fri, 10/11/2013 - 14:00 | 4045906 tom a taxpayer
tom a taxpayer's picture

After the meeting, the bus returned the Senilators to their nursing home on Capitol Hill.

Fri, 10/11/2013 - 14:03 | 4045921 Took Red Pill
Took Red Pill's picture

What? Obama didn't get the Peace Prize again! I'm shocked!

Fri, 10/11/2013 - 14:03 | 4045922 Haus-Targaryen
Haus-Targaryen's picture

Cowards 

Fri, 10/11/2013 - 14:09 | 4045929 Dr. Engali
Dr. Engali's picture

Wow! What started as a defunding of Zero care has been reduced to a fight over a medical device tax. Before the negotiations are over with, the repukes will be reduced to calling the fact that they are allowed to stay in Washington for the remainder of their final term a win.  Stupid mother fuckers.

Fri, 10/11/2013 - 15:13 | 4046140 HardAssets
HardAssets's picture

Dr Engali : "Wow! What started as a defunding of Zero care has been reduced to a fight over a medical device tax. Before the negotiations are over with, the repukes will be reduced to calling the fact that they are allowed to stay in Washington for the remainder of their final term a win.  Stupid mother fuckers. "

Yep . . . .The discussion has been framed away from nation destroying Commie 'health care' defunding to 'will they keep the govt going ?"   And of course NSA spy-on-everyone-everywhere and Benghazi are far off the screen now.  In a nation of sheep raised on t.v., public 'schooling', video games, and prescription & street mind altering drugs (including that in the food & water) . . . . diversion is so easy.

Theyre evil, but not stupid IMO.

Theyre on the same demorepublicrap-for-hire team. Only some people think they are 'fighting' each other.

Fri, 10/11/2013 - 14:04 | 4045932 rubearish10
rubearish10's picture

Wow! "Still NO DEAL" = DJIA -30 points. Well, I'll be damned, corrections get even more shallow. Pretty soon, a correction or negative reaction to unsuspecting news would = ....UNCH! 

Fri, 10/11/2013 - 14:06 | 4045940 jubber
jubber's picture

we better give Gold and Silver another whacking on this news

Fri, 10/11/2013 - 14:11 | 4045953 lolmao500
lolmao500's picture

http://www.salon.com/2013/10/11/rather_than_savage_cuts_switzerland_cons...

Rather than savage cuts, Switzerland considers “Star Trek” economics Switzerland will vote on giving every adult in the country a $2,800 check every month. How would that work?

Free money for everybody! YAY!! That's $33 600 a year PER PERSON. And you know what's funny? The most leveraged banks in the world compared to host country GDP are in Switzerland... it'll be a hoot for all of us once Switzerland goes kaboom from this insanity... A vote to watch...

http://www.dailymail.co.uk/news/article-2452030/Christian-Adamek-Boy-15-...

Boy, 15, kills himself after 'facing expulsion and being put on sex offender registry' for streaking prank at high school football game

Muuuuurica! Being naked is eviiiiiiiiil!

http://pittsburgh.cbslocal.com/2013/10/10/reported-cases-of-super-lice-o...

Reported Cases Of ‘Super Lice’ On The Rise At Schools

Aw yeah!

http://www.khou.com/news/neighborhood-news/Texas-City-8th-graders-found-...

A drug probe is underway at a Texas City Middle School after a group of eighth-grade girls was caught with liquid methamphetamines.

The sheriff said it is so potent that the meth can be absorbed through the skin if the stamp is touched.

Liquid meth?? WTF!

Fri, 10/11/2013 - 14:14 | 4045962 Dr. Engali
Dr. Engali's picture

Yep we are screwed.

Fri, 10/11/2013 - 14:25 | 4045979 QQQBall
QQQBall's picture

Same as Bush II - just with an extra zero

Fri, 10/11/2013 - 14:19 | 4045956 wisehiney
wisehiney's picture

If these mofo's back down, I am going to send WB7's fine art all over the fucking country!

http://www.flickr.com/photos/expd/10193753255/

 

Fri, 10/11/2013 - 14:16 | 4045961 NDXTrader
NDXTrader's picture

So the House passes a short term giveaway and the Senate passes a long term giveaway...and we are right back at square one

Fri, 10/11/2013 - 14:23 | 4045975 QQQBall
QQQBall's picture

I see. More revenue cuts. Makes sense when you have chronic deficits. This ends poorly - cannot say when or what the trigger will be, but it ends badly. 

Fri, 10/11/2013 - 14:25 | 4045985 NoWayJose
NoWayJose's picture

So the Democrats get a debt limit increase, clean CR, government shutdown ended, fully funded Obamacare, and the "Cave(in) Boys" get a one year reprieve from taxes on medical devices. Sounds like a Republican victory they can take home to their districts!!!

Fri, 10/11/2013 - 14:30 | 4045999 NDXTrader
NDXTrader's picture

Doesn't the fact that the Senators met with Obama and are now hatching their own devious scheme imply that Obama rejected the House proposal? I just don't see a long term raise of the debt ceiling getting through the House. But they continue to surprise me with their cowardice

Fri, 10/11/2013 - 14:34 | 4046013 QQQBall
QQQBall's picture

Right - any long term deals makes the House and Congress invisible until the next crisis.

Fri, 10/11/2013 - 14:29 | 4046002 robertocarlos
robertocarlos's picture

Why would you leave your homework undone until the very last minute?

Fri, 10/11/2013 - 14:51 | 4046051 CrashisOptimistic
CrashisOptimistic's picture

The way to look at this is to realize that Obama is devastated at agreeing to the Budget Control Act that wound up a Sequester.  He thought for sure the supercommittee would get a deal.

Now he faces 10 years of yearly decreases in the spending baseline, and Ryan is in there informing him that there will be no CR (and maybe ceiling raise) without additional cuts, and this time to entitlements.

The Sequester is the most powerful force in government right now.  There isn't going to be any deal if the price of it is additional Ryan-defined cuts.

Fri, 10/11/2013 - 14:46 | 4046056 wisehiney
wisehiney's picture

<--------ZERO HEDGE march on DC

<--------ZERO HEDGE not march on DC

Fri, 10/11/2013 - 14:48 | 4046058 Duc888
Duc888's picture

Republican Senators Emerge: Wiping jizz from their chins and taking off their knee pads.

Fri, 10/11/2013 - 15:18 | 4046168 Bryan
Bryan's picture

"Productive", as in a productive cough where phlegm comes out?

Fri, 10/11/2013 - 20:33 | 4046888 lasvegaspersona
lasvegaspersona's picture

Last year Hatch calculated the true debt of the USA at a Club for Growth meeting in SoCal.. He mentioned Treasuries BUT he also noted numbers in the 10s of trillions for SocSec and Medicare. Toss in Fannie etc and he gets to over $60T.

Hatch understands the magnitude of the problem even if none of these guys will admit it.

There is no 'fixing', there is only preparing for collapse. I hope these guys are not nearly as ignorant as they try to sound...but truly..I am not sure.

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