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With A Final 285-144 Vote, Mission "Raise The Debt Ceiling" Is Accomplished: See You All Again In February

Tyler Durden's picture





 

And so, in the proverbial 11th hour, or technically 10th hour and 10th minute before the midnight of the X-Date, the House gets the necessary 216 votes to pass the Senate bill to raise the debt ceiling, and in a final 285-144 tally, in which 87 Republicans voted yea to 144 GOP noes as all 198 Democrats vote yea, has agreed to restore funding. 

Next up: the BLS random number generator starts cranking again and informing everyone in just how sorry a state the economy finds itself, which of course is bullish for stocks because it means that the taper is indefinitely delayed, potentially until June 2014. Also next up, as the emergency Treasury measures are netted out against the new debt limit, it means that once the new Daily Treasury Statement hits, the total US Federal debt will be just at, or over $17 trillion. Rejoice.

Finally - see you all again here in three months. In the meantime the interim status quo is as follows:

  • The government will be reopened through January 16
  • The debt ceiling has been lifted through February 7, while the Treasury is allowed to use its assortment of emergency measures to delay running out of funds, which means the next true X-Date will hit sometime in April
  • The House and Senate budget conference must real a deal by December 13, but it may very well not achieve anything.
  • Government workers get back pay for 16 days, and tomorrow return from a 2 + week vacation.
  • The only thing that was actually "achieved" as a result of the government shutdown is to have income verification for Obamacare beneficiaries: something which should have been embedded in the ACA from the beginning.

More from The Hill:

During debate on the bill, Republicans focused on the tasks ahead, particularly the upcoming budget conference. House Appropriations Committee Chairman Hal Rogers (R-Ky.) said he expects the two sides will be able to find a deal on 2014 spending levels, and is hoping for entitlement and tax reform.

 

"I'm optimistic that once this resolution has passed, the House and the Senate will come together in a budget conference to work out our broad fiscal and budgetary challenges," he said in comments on the floor.

 

One immediate test for negotiators is finding a way to reconcile Democratic demands for new tax revenues, and GOP opposition to any new taxes. For several months now, House Republicans have refused to meet with Democrats on the budget because of these Democratic demands.

 

House Minority Leader Nancy Pelosi (D-Calif.) offered a glimpse into this upcoming fight late Wednesday, saying on the House floor that Democrats will fight to increase spending above the 2013 sequester levels.

 

"As we know, this number is too low," she said. "As even the chairman of the committee has said, it's an unrealistic and ill-conceived number, and must be brought to an end."

 

The final deal was negotiated by Senate Republican Leader Mitch McConnell (Ky.), who began an intense round of negotiations with Majority Leader Harry Reid (D-Nev.) at the end of last week after House Republicans proposed legislation to raise the debt ceiling while leaving the government shuttered.

 

Senate Republicans failed to win a delay of the law's medical device tax, which many wanted, but claimed a sliver of victory by keeping current spending levels locked in place for three more months.

Final roll call of who voted what coming up momentarily.

 


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Wed, 10/16/2013 - 22:21 | Link to Comment Rentier
Rentier's picture

Bunch of fools and tools in DC...

Wed, 10/16/2013 - 22:23 | Link to Comment max2205
max2205's picture

...missed it by that much....

Wed, 10/16/2013 - 22:25 | Link to Comment YBNguy
YBNguy's picture

And the kabuki theatre goes into Act III

Wed, 10/16/2013 - 22:35 | Link to Comment Handyman
Handyman's picture

Golf clap....

Wed, 10/16/2013 - 23:07 | Link to Comment auntiesocial
auntiesocial's picture

wow! now MSM can air 5 hour specials on how the debt was tamed part 13! 

Thu, 10/17/2013 - 01:00 | Link to Comment Stackers
Stackers's picture

Like there was any doubt this would happen the night before "X-day" ?

Thu, 10/17/2013 - 03:41 | Link to Comment Hobbleknee
Hobbleknee's picture

Does this mean Obamacare works now?

Thu, 10/17/2013 - 04:28 | Link to Comment Squid-puppets a...
Squid-puppets a-go-go's picture

" while the Treasury is allowed to use its assortment of emergency measures to delay running out of funds, which means the next true X-Date will hit sometime in April"

...er, they already tapped out the emergency measures since may this year, yea?

or does that mean that they have opened up a fresh batch of accounts set aside for future obligations to squander?

Thu, 10/17/2013 - 07:32 | Link to Comment kralizec
kralizec's picture

Finally, the GOP can die.

Everybody grab a shovel and toss on a big scoup of dirt!

Wed, 10/16/2013 - 22:35 | Link to Comment Pool Shark
Pool Shark's picture

 

 

Hey Boehner!

DIAF!!!

 

Wed, 10/16/2013 - 22:44 | Link to Comment BlackChicken
BlackChicken's picture

Attack of the Killer Tomatoes was better than this farce.

What a sick joke this whole thing was.

Oh, and BTW, it was all planned months ago:
http://directorblue.blogspot.com/2013/10/boom-this-shutdown-was-orchestr...

Wed, 10/16/2013 - 22:25 | Link to Comment SilverIsKing
SilverIsKing's picture

What was all the fuss about? The question to Bonfucker should be why didn't you just agree from day 1? What did he accomplish? What specifically does that douche bag stand for?

Wed, 10/16/2013 - 23:51 | Link to Comment Wahooo
Wahooo's picture

He stands for the death of the two-party system and the rise of a third party.

Wed, 10/16/2013 - 23:04 | Link to Comment Seer
Seer's picture

They've still got jobs and guaranteed retirements (for as long as we're willing to tolerate it); AND, it's most likely that they're increasing their wealth.

Based on the notion of trying to survive for as long as you can, given that we have a system that uses "money" to pick winners and losers, it seems that they're hardly fools or tools (well, obviously, they DO serve others, in which case they could be thought of as tools).

Thu, 10/17/2013 - 05:58 | Link to Comment negative rates
negative rates's picture

All kinds o tools for all kinds o fools.

Wed, 10/16/2013 - 22:22 | Link to Comment MrSprottJr
MrSprottJr's picture

What a bunch of goofs

Wed, 10/16/2013 - 22:23 | Link to Comment LetThemEatRand
LetThemEatRand's picture

That play fucking sucked.  Not even a little bit entertaining and the ending was obvious.   And the actors were really bad.

Wed, 10/16/2013 - 22:26 | Link to Comment NoDebt
NoDebt's picture

Yeah.  Like watching your kids' cartoons.  Lots of meaningless action leading to an all-too-obvious conclusion.

Wed, 10/16/2013 - 22:35 | Link to Comment CaptainObvious
CaptainObvious's picture

At least the cartoons are funny, the good guys usually win, and you get to see the bad guys have safes dropped on their heads, or they get blasted from cannons, or they get eaten by sharks.  I would seriously pay to watch every Yea voter get sawed in half by an incompetent magician or shot into deep space from a giant slingshot.

Wed, 10/16/2013 - 23:07 | Link to Comment Seer
Seer's picture

And then there's the drawings that your kids do:

http://www.thebestpageintheuniverse.net/c.cgi?u=irule2

Sorry, I'm always on the lookout for some place to introduce this.  It's funnier than hell.

Wed, 10/16/2013 - 23:27 | Link to Comment LetThemEatRand
LetThemEatRand's picture

That guy is more cynical than me!  Bravo.  

Thu, 10/17/2013 - 05:31 | Link to Comment NidStyles
NidStyles's picture

I think it sucks, but to each his own.

Thu, 10/17/2013 - 08:25 | Link to Comment blindman
blindman's picture

love the humor , but some of those kids have some talent.
hilarious. speaking of curious ...
i was wondering who or what historical person receives
the most air time on the t.v. and it occurred to me that
it is adolf hitler. i think he has his own channel on
cable, 24 / 7 , there is a program on a channel or two
and there you will find some old footage and narrative
about adolf hitler. no one else in the history of the world
get the media attention this guy gets in the usa.
exactly what is that about i was wondering? it must reveal
something about the state of things, something dark and
dangerous and ugly.
.
anyway ...

Thu, 10/17/2013 - 09:01 | Link to Comment wtf1369
wtf1369's picture

The "hairy piece of shit firetruck" has made me laugh for years. I'm a simple caveman.

Wed, 10/16/2013 - 22:23 | Link to Comment NoDebt
NoDebt's picture

I wish I had made the "Mission Accomplished" comment an hour ago here:

http://www.zerohedge.com/news/2013-10-16/will-debt-ceiling-standoffs-eve...

Wed, 10/16/2013 - 22:23 | Link to Comment Freedumb
Freedumb's picture

Just a minor editing comment for the article above -- the BLS random number generator saying how awful the economy is, is bullish for stocks because it means that much un-taper. If you want to make it doubleplus correct!

Wed, 10/16/2013 - 22:28 | Link to Comment oddjob
oddjob's picture

Very soon the half life of tapering threats will be zero.

Wed, 10/16/2013 - 22:24 | Link to Comment rubearish10
rubearish10's picture

Waiting for sell the confirmation, hmmmm..no USD rally that's for sure but Yen crosses look just peachy as in "baked in". Now what? Enter Gold!?????

Wed, 10/16/2013 - 22:26 | Link to Comment Ham of Love
Ham of Love's picture

Sell the fact NOW or wait till we've had breakfast?

Wed, 10/16/2013 - 22:25 | Link to Comment Critical Path
Critical Path's picture

From Boehners Facebook page:

"Thank you for all of your support and encouragement. The House has fought with everything it has to convince the president to engage in bipartisan negotiations aimed at addressing our country’s debt and providing fairness for the American people under ObamaCare. Our fight will continue."

Please do us all a favor and pack it up Boehner, I'm sure we would all be better off if you did NOT continue the "fight"

Thu, 10/17/2013 - 00:32 | Link to Comment Renewable Life
Renewable Life's picture

The arrogance and delusion of this motherfucker, is matched by no one!!

This cocksucker thinks he did a good job and got a standing O for selling out his own children and grandchildren in this Country tonight!!

Wed, 10/16/2013 - 22:27 | Link to Comment 10mm
10mm's picture

Awsome,love it.Can't wait to get to work and see the Red Team fraud supporters.Man im gonna have a fuckin grin.Of cource the shit heads on blue team will have happy grins,yes, big happy grins.

Wed, 10/16/2013 - 22:25 | Link to Comment TaperProof
TaperProof's picture

BUMS

Wed, 10/16/2013 - 22:25 | Link to Comment Incubus
Incubus's picture

Back into the dream.

 

Wed, 10/16/2013 - 22:26 | Link to Comment TaperProof
TaperProof's picture

Nice bum

Wed, 10/16/2013 - 22:27 | Link to Comment JLee2027
JLee2027's picture

87 more traitors to the US have shown themselves. 

Wed, 10/16/2013 - 22:45 | Link to Comment GMadScientist
GMadScientist's picture

Try 310.

Wed, 10/16/2013 - 23:45 | Link to Comment Ms. Erable
Ms. Erable's picture

The house vote tally should be displayed according to what they really voted on - a multiple choice question:

If the UNITED STATES keeps borrowing 1.7 triilion dollars per year at 2% interest, how many years will it take before the UNITED STATES can no longer pay the interest on its debt? Choose one:

A) Alreaady there, bitchez! (144 responses)

B) Math is hard! (285 responses)

Thu, 10/17/2013 - 02:29 | Link to Comment darkstar7646
darkstar7646's picture

Any discussion of "math" must come with "population reform".

Until you, Congress, Karl Denninger, or anyone else decides to actually discuss this, you will continue to miss the point.

Wed, 10/16/2013 - 22:26 | Link to Comment GMadScientist
GMadScientist's picture

53 NV?! Da-fuck?

Wed, 10/16/2013 - 22:27 | Link to Comment SumSUN
SumSUN's picture

So what if the bankers can hold the future generations hostage to pay the debt, perhaps even those who haven't been born yet.  If the U.S. would have defaulted it would have been the end of our lifestyle as we know it!

Thu, 10/17/2013 - 05:34 | Link to Comment NidStyles
NidStyles's picture

"Our" lifestyle? You mean SNAP cards and disability checks for obesity?

Wed, 10/16/2013 - 22:27 | Link to Comment Exponere Mendaces
Exponere Mendaces's picture

October 16th, the day the U.S.A. became Zimbabwe.

 

Wed, 10/16/2013 - 22:31 | Link to Comment LetThemEatRand
LetThemEatRand's picture

Was that the day in 1913 when the Fed began?

Wed, 10/16/2013 - 22:44 | Link to Comment BTFDemocracy
BTFDemocracy's picture

Dec 23rd; when no one was watching.

Wed, 10/16/2013 - 22:33 | Link to Comment Ham of Love
Ham of Love's picture

Autocratic rule, repression and economic collapse? Yes but Mugabe's got personality.

Wed, 10/16/2013 - 23:54 | Link to Comment Wahooo
Wahooo's picture

Sell the news.

Wed, 10/16/2013 - 23:12 | Link to Comment Seer
Seer's picture

1971?

That's when the US went full-fiat.

Wed, 10/16/2013 - 23:22 | Link to Comment Teddy Tenpole
Teddy Tenpole's picture

 

 

 

Umm, you might want to google petrodollar before you commit to full-fiat (don't worry though you're joined by most every boomer doomer on here who thinks they know what they are talking about).

 

 

Thu, 10/17/2013 - 05:36 | Link to Comment NidStyles
NidStyles's picture

Fiat means it's declared to be the standard by the government... Petrodollar is the result of clever bankers and political turds making back room deals to enrich themselves.

 

Leave the boomers alone, they will take enough flak when this mess finally goes boom.

Wed, 10/16/2013 - 22:27 | Link to Comment surf0766
surf0766's picture

February hahahah very funny. You just gave 1 guy the right to unilaterally raise the debt ceiling.. Nice jobbbbbbbbbbbbbbbbb

 

Wed, 10/16/2013 - 22:27 | Link to Comment kekekekekekeke
kekekekekekeke's picture

yes we can!!!!!!!!!!!!!!!!

Wed, 10/16/2013 - 22:27 | Link to Comment kekekekekekeke
kekekekekekeke's picture

yes we can!!!!!!!!!!!!!!!!

Wed, 10/16/2013 - 22:43 | Link to Comment prains
prains's picture

so much so it bears repeating

Wed, 10/16/2013 - 22:28 | Link to Comment Bryan
Bryan's picture

Whee! No debt limit for 4 months!! I want to new BMW and maybe a Jag for the wife. A luxury yacht would be cool, and of course an island of my own to sail it to... and of course there's the crew needed and, and, and... aw heck, how about a new villa in the Caribbean... I heard Isla De Las Mujeres is nice this time of year. No limits!

Wed, 10/16/2013 - 23:20 | Link to Comment MissCellany
MissCellany's picture

Kinda like those EBT card FSA types when the system went down last Saturday...

Thu, 10/17/2013 - 04:40 | Link to Comment saulysw
saulysw's picture

Is it true that the ceiling was REMOVED until a certain DATE, rather than being reset to a higher DOLLAR value? Can someone actually read the bill, now that it has been approved?

Wed, 10/16/2013 - 22:29 | Link to Comment thismarketisrigged
thismarketisrigged's picture

so we will have to go through the same fucking bull shit again in 3 months?

 

great. we will need to here the same rhetoric from washington,  '' we will not negotiate'', we will stand our ground'', stupid shit from each politician which we all know in the end is just total bullshit.

 

come on future markets, why the fuck are you not pumping stocks again like the fucking tools you guys are? you think that not pumping stocks tomm will fool any one that this is a rational market?

 

dow futures should be up at least 110 pts, s&p futures should be up 10 pts, and nasdaq futures with all its great companies such as fb, nflx, goog, aapl, etc should be up 35 pts. 

 

 

Wed, 10/16/2013 - 22:55 | Link to Comment toadold
toadold's picture

Meanwhile back at the raunchy the Obamacare train  wreck will continue to burn costing jobs, lives, and etc. Also that is three more months of hits on the other the job security of the MSM dummies. Lawsuits galore, House hearings on the IRS for example. Also a good chance for an even bigger humiliation of the Obama foreign policy,  leading by a behind. Big donors putting their money to individual campaigns instead of the RNC or the DNC.  Yeah and verily there shall be much whining and drinking at the bars of DC. 

Wed, 10/16/2013 - 23:14 | Link to Comment Seer
Seer's picture

"so we will have to go through the same fucking bull shit again in 3 months?"

You know what they say, practice makes perfect!

Wed, 10/16/2013 - 22:29 | Link to Comment Bay of Pigs
Bay of Pigs's picture

WE DID IT!

Wed, 10/16/2013 - 22:47 | Link to Comment SHEEPFUKKER
SHEEPFUKKER's picture

FORWARD!!....into debt serfdom.  Oh wait, we've been there for years. 

Wed, 10/16/2013 - 22:29 | Link to Comment Pancho Villa
Pancho Villa's picture

That's the way the opposition crumbles.

Well, at least the nonessential federal workers got a nice paid vacation.

Wed, 10/16/2013 - 22:30 | Link to Comment Cabreado
Cabreado's picture

It is national coagulation day -- when interested persons finally found that given time and license, the Narcissist and Sociopath do indeed coagulate at the top, stealing just about everything, including self-determination via control... control via self-absorption and crime.

Protect your soul and your gumption -- they cannot steal those.

Wed, 10/16/2013 - 22:30 | Link to Comment NDXTrader
NDXTrader's picture

There will be no more debt ceiling fights. They made sure to get rid of that nuisance.

Senate Debt Deal Weakens Congress on Debt Ceiling
http://www.breitbart.com/InstaBlog/2013/10/16/Senate-Debt-Deal-Includes-...

Thu, 10/17/2013 - 01:51 | Link to Comment Kirk2NCC1701
Kirk2NCC1701's picture

In that case, there's only one thing to do when you can't fix an old "ghetto" house: bulldoze it.

If you can't stop and reverse the Debt Train, make sure it never drives again: Full speed ahead.

Time to pile on every MFing debt and expense that we can -- while the retards in the rest of the world are willing to subsidize us by buying our debt.

It's not that ppl here don't "get" that concept, it's just that they can't easily reverse a lifetime of conditioning to try to "do the right thing the old-fashioned way". Many won't, until ppl who they look up to tell them that "It's ok". IMHO.

Thu, 10/17/2013 - 05:50 | Link to Comment NidStyles
NidStyles's picture

You know, although I think it's going to hurt more people with what youa re suggesting, the cynical side of me says I agree with you. The muppet and sheep need to experience three generations of pain that they have inflicted on the rest of us and the world IMO. Maybe then they will finally be able to remember that invaluable lesson of actually working for your wealth...

Wed, 10/16/2013 - 22:30 | Link to Comment CaptainObvious
CaptainObvious's picture

The good: We have three more months to stack, or three more months to get the fuck out of here

The bad:  The show will continue, despite the terrible reviews and poor ticket sales

The ugly:  Pelosi's motherfucking cunt face

Wed, 10/16/2013 - 22:39 | Link to Comment Darksky
Darksky's picture

Sir, you represent your name well.

Wed, 10/16/2013 - 23:01 | Link to Comment CaptainObvious
CaptainObvious's picture

Thank you, kind sir.  You represent my name well, too.

Wed, 10/16/2013 - 22:31 | Link to Comment Road Hazard
Road Hazard's picture

Just like we all predicted.......well "all" as in those of us on here that aren't sheep and knew, like always, there would be an 11th hour deal. It's pointless to blame either party since they're one in the same and told what to do by god's chosen people. Now, about those capital controls by Chase..........

 

Wed, 10/16/2013 - 23:19 | Link to Comment Seer
Seer's picture

"The secret plan is that we're going to keep doing exactly what we've been doing, for as long as we can."

- Daniel Quinn, in, "What a Way To Go"

"Now, about those capital controls by Chase.........."  Yeah, nothing like flashing lights and ringing bells to, well, er, a, ignore...  When I'd read that it became quite obvious that they're closing the gates.

Wed, 10/16/2013 - 23:25 | Link to Comment Cthonic
Cthonic's picture

Has everyone finished exchanging their old hundreds for the 'new' stuff?  Notice the date on it?  Remember, most of the old stuff is overseas... if you needed to rein in M0, what would you do?

Wed, 10/16/2013 - 22:32 | Link to Comment Spastica Rex
Spastica Rex's picture

So we're all done, show's over, wrestlers are out for coke and hookers - can we move on?

Wed, 10/16/2013 - 22:32 | Link to Comment daz
daz's picture

where can we read all the details of the bill? but.. who cares... got gold already?

 

Wed, 10/16/2013 - 22:33 | Link to Comment Atomizer
Atomizer's picture

Sickening, yet predictable.

It's About Shutting YOU Down!

Wed, 10/16/2013 - 22:33 | Link to Comment Haole
Haole's picture

Best part about this is it doesn't increase the debt.  /s

Wed, 10/16/2013 - 22:34 | Link to Comment TaperProof
TaperProof's picture

I'm so glad they are removing the yellow tape in front of the woods so I can go hiking again. 

Wed, 10/16/2013 - 23:21 | Link to Comment Seer
Seer's picture

No problem for me, I know to bring along someone slower than myself!

Wed, 10/16/2013 - 23:34 | Link to Comment Teddy Tenpole
Teddy Tenpole's picture

 

 

haha, ya -- slower.

Wed, 10/16/2013 - 22:34 | Link to Comment Stanley Lord
Stanley Lord's picture

I am looking at the completely unqualified Cory Booker winning the US Senate tonight and going to bed with that doomed feeling.

It is amazing to me how quickly this country went in to the gutter.

 

Wed, 10/16/2013 - 22:34 | Link to Comment DirkDiggler11
DirkDiggler11's picture

Gutless bastards who's conduct is pure treason. I'll bring the rope...

Wed, 10/16/2013 - 22:34 | Link to Comment LetThemEatRand
LetThemEatRand's picture

To complete the Mission Accomplished theme, Obama should have arrived dressed in full banker attire complete with monocle and waist watch chain, and he should have been dropped onto a pile of monopoly money from a helicopter flown by Ben Bernanke.  

Wed, 10/16/2013 - 23:23 | Link to Comment Seer
Seer's picture

Calling William Banzai!

Wed, 10/16/2013 - 22:34 | Link to Comment CosmicDebris
CosmicDebris's picture

FUCKFACES!!!

 

Wed, 10/16/2013 - 22:35 | Link to Comment thismarketisrigged
thismarketisrigged's picture

i figure we can all use a little laugh tonight after all this fucking bullshit.

 

so here is an article that can make us all laugh courtesy of cnbc.com

 

http://www.cnbc.com/id/101118877

 

markets will start to focus on fundamentals and earnings again, laught out fucking loud.

Wed, 10/16/2013 - 22:56 | Link to Comment SillySalesmanQu...
SillySalesmanQuestion's picture

+1 for making me laugh my ass off at our favorite asshats   :)

Wed, 10/16/2013 - 23:25 | Link to Comment Seer
Seer's picture

The fundamentals of screwing everyone over.

My religion doesn't allow me to watch TV or anything from the lamestream media.  But, I'm sure it's good.

Wed, 10/16/2013 - 23:37 | Link to Comment Seer
Seer's picture

[duplicate]

Wed, 10/16/2013 - 22:35 | Link to Comment ZH Snob
ZH Snob's picture

everyone played their part to perfection.  the hand-wringing was quite convincing.

Wed, 10/16/2013 - 22:45 | Link to Comment edifice
edifice's picture

No, it wasn't.  We all knew the eventual outcome: status quo maintained.  I can't wait til tomorrow.  I was up 2% today on hopium, alone.

Thu, 10/17/2013 - 00:28 | Link to Comment Seer
Seer's picture

"the hand-wringing was quite convincing."

So much so that their hands are all chapped!

Wed, 10/16/2013 - 22:37 | Link to Comment Trucker Glock
Trucker Glock's picture

So Maobama's EBT card has no limit til February?  Or did I misread what they passed?

Wed, 10/16/2013 - 22:39 | Link to Comment brokesville
brokesville's picture

Just to many ZOMBIES, TIME FOR BONER TO STEP DOWN

Wed, 10/16/2013 - 22:39 | Link to Comment blindman
blindman's picture

in the new un-normal/or ab-new-normal taper should read
"new re un taper".

Wed, 10/16/2013 - 22:40 | Link to Comment Hulk
Hulk's picture

Its interesting (and educational) to be a citizen of a country that has collectively lost its mind...

Wed, 10/16/2013 - 23:19 | Link to Comment Cthonic
Cthonic's picture

In regards to that educational 'benefit': a little bit of knowledge is a dangerous thing. 

Wed, 10/16/2013 - 22:40 | Link to Comment lolmao500
lolmao500's picture

Impeach Boehner. RIGHT FUCKING NOW.

Wed, 10/16/2013 - 23:49 | Link to Comment Spaceman Spiff
Spaceman Spiff's picture

Don't forget McConnell.  Fucking bastard wrote this thing.   Ceded the power of raising the debt ceiling to the president only if 2/3s the congress doesn't reject the debt hike.   There goes the remaining real power of the congress on this ahole.    THen there is the 2 billion Kentucky got in special earmarks.

Wed, 10/16/2013 - 22:41 | Link to Comment Teddy Tenpole
Teddy Tenpole's picture

 

 

Well, that whole panic episode was profitable.  New highs next there boomer doomer douche bags...  because yes, bad news is good in the stock market!

What I love is that the info. presented here absolutely reaffirms how poor the economy is and yet you mopes are unable to profit from it.  Oh well?

Sincerely, i would like some 'good news' to sell (and will giggle when the regulars are then stymied for a year saying no, really, things are better -- buy).

You see I believe that Obama is a cunt and the Fed should be abolished and that we are moving toward a fascist state... it's just that I'm not only angry but willing to be flexible and am making money in the market.

 

Peace Out Douche Bags (especially akak -- super douche)

 

P.S.  the fonz was also born with the douche gene

Wed, 10/16/2013 - 22:43 | Link to Comment Seer
Seer's picture

The meek shall inherit the earth.

Bye bye...

Wed, 10/16/2013 - 22:48 | Link to Comment Teddy Tenpole
Teddy Tenpole's picture

 

 

haha, great story.

Wed, 10/16/2013 - 23:04 | Link to Comment Cabreado
Cabreado's picture

That remains to be seen, doesn't it?

And if the meek reside here, they disguise themselves well.

Thu, 10/17/2013 - 01:23 | Link to Comment Seer
Seer's picture

"And if the meek reside here, they disguise themselves well."

That's the point.

Wed, 10/16/2013 - 23:03 | Link to Comment earnyermoney
earnyermoney's picture

moving toward a fascist state? LOL We're already there and we're not going back. You think rolls of FRN asswipes are going to secure an entry ticket to the fascist elite?

Wed, 10/16/2013 - 23:14 | Link to Comment akak
akak's picture

Teddy,

After embracing your inner asswipe yesterday, I guess it was your inner vagina's turn today.

Wed, 10/16/2013 - 23:27 | Link to Comment Teddy Tenpole
Teddy Tenpole's picture

 

 

Look, up in the sky... it's a bird, it's a plane... no, it's super douche!

Like I said yesterday, follow me around enough and you'll make some $$$ :)

I noticed Pottsie here on this thread too, the fonz can't be far away (lurking, teehee).

peace out dog

Wed, 10/16/2013 - 23:34 | Link to Comment akak
akak's picture

*yawn*

 

Reading your posts really takes me back to 7th grade.

Wed, 10/16/2013 - 23:37 | Link to Comment Teddy Tenpole
Teddy Tenpole's picture

 

 

It's o.k., you'll grow son.

Wed, 10/16/2013 - 23:49 | Link to Comment prains
prains's picture

it's more of a chain reaction when stoopid meets useless

Wed, 10/16/2013 - 23:54 | Link to Comment Teddy Tenpole
Teddy Tenpole's picture

 

 

haha, ya -- just like that.

(go find your own foil, geez)

Wed, 10/16/2013 - 22:42 | Link to Comment Seer
Seer's picture

Just like all the votes for/against war.

It's the warfare/welfare state don't ya know.  Didn't think it would come out any other way did you?

But, boy, now that it's "fixed" I can actually breathe.  My life was in serious jepordy! </sarc>

Wed, 10/16/2013 - 22:42 | Link to Comment Hohum
Hohum's picture

Although a few people here have a sense of humor, it seems that most just cannot get that stick out of their ass.  Let go of your anger for just a few minutes and marvel at the absurdity.  I mean, s**t, 85 billion per month...for more than one year!

Wed, 10/16/2013 - 22:57 | Link to Comment Seer
Seer's picture

Folks further need to realize that there's not a damn thing they can do to fix things (because people are STILL unable to identify the actual problem- they THINK they know, but that thought process is disfunctional because it's highly dictated by emotions).

It has been a bad system to start with.  The premise was WRONG.  That we find ourselves at the end of the party doesn't mean that someone has conspired to end the party that was supposed to go on forever.

This appears to be the end of an epoch.  It might be what all the religions refer to as Armaggedon.  It's looking like there will be a big death so that we can purge ourselves of these things that have shown to be silly and dangerous.  This is the Big One:

http://www.youtube.com/watch?v=QwM5KpoPPrg

Wed, 10/16/2013 - 23:57 | Link to Comment Teddy Tenpole
Teddy Tenpole's picture

 

 

I'm sure you got an A on that term paper.

Wed, 10/16/2013 - 22:42 | Link to Comment Chaos_Theory
Chaos_Theory's picture

All I can think of is The Rolling Stones lyrics from Sympathy for the Devil...

"Made damn sure that Pilate
Washed his hands and sealed his fate
Pleased to meet you
Hope you guess my name
But what's puzzling you
Is the nature of my game"

I'd love to say it's all the fault of the politicians, but I know zero people at my work that have a problem with raising the debt ceiling, Obamacare (of course they don't have to deal with those premiums and co-pays) and all the rest.  I'm the weird anarchist who tells them they deserve to go to hell for tossing more and more debt on the shoulders of their children and grandchildren rather than acting like adults and eating the pain now.  F-ck em.  That's why my armagedon plan is the Conan the Barbarian plan.  "Conan...what is the best in life?"

Wed, 10/16/2013 - 23:01 | Link to Comment Seer
Seer's picture

Yeah, great song.

"I'm the weird anarchist who tells them they deserve to go to hell for tossing more and more debt on the shoulders of their children and grandchildren rather than acting like adults and eating the pain now."

I don't condemn anyone other than pointing out where their logic fails.  These folks are a PRODUCT of a bad system.  And there is no FIXING it, no matter: if things are "fixed" then it's no longer the System.

I have a LIFE plan.

As Derrick Jensen says, it's entirely possible to hold two seemingly contrasting thoughts in your head at the same time, the thought that: A) We're fucked; and B) Life is really good.

Thu, 10/17/2013 - 08:26 | Link to Comment wtf1369
wtf1369's picture

If memory serves it's to "crush your enemy, see them driven before you and hear the lamentation of their women". But it's been a while.

Wed, 10/16/2013 - 22:44 | Link to Comment Seal
Seal's picture

The US has a 'drop dead' date of 21 April 2014 according to my astrological calculations. All Hell is going to break loose then. 

Wed, 10/16/2013 - 22:44 | Link to Comment yogibear
yogibear's picture

Party time and spending again in DC. More Obama phones and EBTs. 

Credit card limit raised. Time to charge again!

Until the next dog and pony show.

Old Yellen, Bernanke, Evans, Dudley and Fishy can continue destorying the US dollar.

Wed, 10/16/2013 - 22:45 | Link to Comment bdub2
bdub2's picture

at least IBM's earnings engender confidence going forward\....oh and btw...Rot in Hell Congress.

Wed, 10/16/2013 - 22:47 | Link to Comment CharmaChameleon
CharmaChameleon's picture

Eighty-seven. Faithless. Bastards. Thirty-nine percent of House Republicans. Same as the percentage of Senate. Republican. Faithless. Bastards.

One Hundred Ninety-eight. Faithful. Bastards. One hundred percent of House Democrats.

Woeful and Pathetic.

Here we go.

Wed, 10/16/2013 - 22:47 | Link to Comment bart12
bart12's picture

In the past, Democrat used to be the pussy coward party.. now freaking 72 Republicans have joined them!!!

Wed, 10/16/2013 - 22:48 | Link to Comment TheObsoleteMan
TheObsoleteMan's picture

Come on, who didn't see this coming? Only an idiot would have really believed that the repukelicans would stand on principal. THEY HAVEN'T ANY PRINCIPALS. They keep trotting out that POS John McCain every chance they get, makes me sick. What a disgusting bunch they are. They have brought destruction upon themselves by A} Allowing illegal immigration to flourish, and B} having rejected the ideology of the sovereign individual. They are truly just the other wing of the same bird.

Wed, 10/16/2013 - 22:54 | Link to Comment Teddy Tenpole
Teddy Tenpole's picture

 

 

+1,730

Hey, be careful ObsoMan -- most everyone on here either thought or was hoping for the default.  Wierd, or what?

 

Wed, 10/16/2013 - 22:49 | Link to Comment Vincent Vega
Vincent Vega's picture

Whew...glad that's over. Now, can we please get back to spreading democracy to the rest of the world? Where were we...oh yes now I remember: Syria.

Wed, 10/16/2013 - 23:24 | Link to Comment TalkToLind
TalkToLind's picture

And don't forget, several countries are taking steps to drop the US Dollar for settling international trade.  We're gonna have to spread some democracy to those countries too.

Thu, 10/17/2013 - 04:33 | Link to Comment are we there yet
are we there yet's picture

No ones saying the war will be over by Christmas.  It seems we are always at war with some dirtpile. Not worth the lives of American soldiers.

Wed, 10/16/2013 - 22:49 | Link to Comment lolmao500
lolmao500's picture

Government workers get back pay for 16 days, and tomorrow return from a 2 + week PAID vacation.

Working for the government is really nice.

Wed, 10/16/2013 - 22:52 | Link to Comment Seize Mars
Seize Mars's picture

Wee-wee-pee-pee-woo-woo-poo-poo
What else can I say?
Hey maybe our "brave men in uniform" will suddenly remember their oaths, and will "save us."
LOL fucking cowards, they are too busy guarding poppy fields in Afghanistan

Wed, 10/16/2013 - 22:51 | Link to Comment WTFUD
WTFUD's picture

In no way am i defending Bonehead but obviously his hands are tied to a degree with so many traitors in senate and more importantly in house.
Unlike the sheep dems who are 100% shameless jumping behind Barry ( maybe the fear factor he and goons exert on them ) Bonehead is just not a tyrannt.

Wed, 10/16/2013 - 22:53 | Link to Comment williambanzai7
williambanzai7's picture

Wed, 10/16/2013 - 23:06 | Link to Comment Teddy Tenpole
Teddy Tenpole's picture

 

 

Yes, let's focus on what is great about America!  Well done Banzo, here's back at ya:

 

http://youtu.be/yPIWqi2JQKE

 

 

Wed, 10/16/2013 - 23:54 | Link to Comment TheObsoleteMan
TheObsoleteMan's picture

Hooker was wrong. It's somebody's land allright, just not our land. And they will remind you of that fact should you ever forget it.

Thu, 10/17/2013 - 18:29 | Link to Comment blindman
blindman's picture

but, it is all a burial ground; he was right about that.

Wed, 10/16/2013 - 22:54 | Link to Comment FieldingMellish
FieldingMellish's picture

...and gold gets smacked... at least stocks are taking a licking (sorta) too.

Wed, 10/16/2013 - 22:56 | Link to Comment Seize Mars
Seize Mars's picture

This shit is Stalin redux. Read history to find out what happens next.

Wed, 10/16/2013 - 23:13 | Link to Comment Teddy Tenpole
Teddy Tenpole's picture

 

 

5 year plan?

Wed, 10/16/2013 - 23:01 | Link to Comment orangegeek
orangegeek's picture

spin it any way you want

 

Barry is a more hated man today

 

Americans are growing tired of this fucking communist

Wed, 10/16/2013 - 23:02 | Link to Comment Seize Mars
Seize Mars's picture

Hey get it straight. NONE OF THESE FUCKERS ARE "ELECTED."
The NSA RIGS ELECTIONS.

Wed, 10/16/2013 - 23:11 | Link to Comment TalkToLind
TalkToLind's picture

And just how are they going to convice the gum chewing public that this pile of manure spending bill is "good for them"?  By smashing gold and silver like never before, of course.  SHIT!   

Wed, 10/16/2013 - 23:19 | Link to Comment HOSS-FLY
HOSS-FLY's picture

Now I know why big  Pharma is so f.. .n powerfull, 95% of congress and half the people are on drugs!!!

Wed, 10/16/2013 - 23:19 | Link to Comment are we there yet
are we there yet's picture

I did not know that there was not a single single independant in the house.

Wed, 10/16/2013 - 23:38 | Link to Comment world_debt_slave
world_debt_slave's picture

As I posted before, I was 99.999% sure they would cave, the status quo must go on!

But I see this as apositive, the quicker they go into more debt the quicker the end of this corrupt system will be, imo anyway.

Wed, 10/16/2013 - 23:45 | Link to Comment Teddy Tenpole
Teddy Tenpole's picture

 

 

You do realize that they is we?

Thu, 10/17/2013 - 08:25 | Link to Comment world_debt_slave
world_debt_slave's picture

we as in, we have no say in the matter.

Wed, 10/16/2013 - 23:49 | Link to Comment Handful of Dust
Handful of Dust's picture

I'll file this under "Bullish" instead of "Robust."

Wed, 10/16/2013 - 23:51 | Link to Comment foodstampbarry
foodstampbarry's picture

And the free shit army survives another day.

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