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Republicans Deny They Fold

Tyler Durden's picture




 

Total chaos

  • No decision yet, House Republican aide tells Bloomberg’s Phil Mattingly, speaking on condition of anonymity
  • Rep. Kevin Brady, R-Texas, tells Bloomberg Television, he doesn’t know if House will vote first on any Senate agreement on govt shutdown, debt ceiling.

Obligatory Bazooko circus clip below

 

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Wed, 10/16/2013 - 10:11 | 4060219 PartysOver
PartysOver's picture

Party Over soon for Boehner

Wed, 10/16/2013 - 10:14 | 4060244 Say What Again
Say What Again's picture

Oh shit!!!  cancel that new car and TV puchase.

Wed, 10/16/2013 - 10:16 | 4060256 spastic_colon
spastic_colon's picture

waddaya mean.....stock market still says they folded so it must be true! / s

Wed, 10/16/2013 - 10:19 | 4060269 Say What Again
Say What Again's picture

Once again I ask - Who is BUYING this market?

Yes, I know most of the volume is HFT, but there is still a significant amount of volume that is people / mutual funds, etc.  I guess they really see the economy as being pretty good.

WOW

Wed, 10/16/2013 - 10:20 | 4060278 dontgoforit
dontgoforit's picture

Tea Party better stick to their guns.  We deserve a government we can afford, nothing more, nothing less.

Wed, 10/16/2013 - 10:23 | 4060293 McMolotov
McMolotov's picture

We have the best government money can buy. And apparently, all that money was used to buy a bunch of retards.

Wed, 10/16/2013 - 10:24 | 4060299 The Juggernaut
The Juggernaut's picture
This is a USA bailout, plain and simple.  USA gov't just said yes to a Central Bank (Fed Reserve) purchasing of their debt.  The media makes is seem like this is solely a fiscal thing which is completely wrong.  Its a fiscal situation with a monitary solution.  The Fed Reserve is going to buy treasuries with their money-out-of-thin-air because the US govt just gave them the ok.   Greece?
Wed, 10/16/2013 - 10:30 | 4060314 BaBaBouy
BaBaBouy's picture

BOWHENNER Will CAVE And Accept DEMS Plan, Then Run And Resign,

AND GOLDman Will Immediately Hire Him As A BANK(ster) VP.

Wed, 10/16/2013 - 11:22 | 4060541 WarriorClass
WarriorClass's picture

San Antonio Police Chief General Antonio de Padua Maria Severino Lopez de Santa Anna William McManus threatens to arrest Texans at the Alamo for execising their constitutional rights:

http://americandictators.blogspot.com/2013/10/san-antonio-police-chief-s...

Wed, 10/16/2013 - 11:54 | 4060684 HoofHearted
HoofHearted's picture

From henceforth, I will call Boehner by the appropiate name of Foldy Mccave if he gives in.

But this was absolutely obvious from the first episode of this melodrama. And then yesterday Reid's buddies did exactly the Fitchslap that he predicted. That scared the one remaining testicle off of Boehner, and he is going to cave on this. We're saved! Hoorah! Just remember that we'll have to pay the tab at the end. I have a five month old daughter. I've already been apologizing to her for the country in which she lives and may (or may not) grow up in. She'll know that Daddy did what he could, but that I'm just pissing in the wind. My nine year old on the other hand...well, he wants to be the hero like at the Alamo. Fucking banksters and their sock puppet politicians.

Who is John Galt?  

Wed, 10/16/2013 - 10:30 | 4060330 Winston Churchill
Winston Churchill's picture

Zimbabwe early days.

The rest of the world has seen and will accelerate the demise of the dollar as GRC.

Its all out in the open now.

Wed, 10/16/2013 - 10:24 | 4060301 camaro68ss
camaro68ss's picture

they'll fold. there weak and bonehead is scared.

Wed, 10/16/2013 - 10:33 | 4060305 BaBaBouy
BaBaBouy's picture

.

Wed, 10/16/2013 - 11:37 | 4060611 Buck Johnson
Buck Johnson's picture

I think that the algos on the HFT where programmed (most of them) that there would be a resolution before the deadline.  That is why we are having such a good day today.  I think that we might go over, I really do.

Wed, 10/16/2013 - 11:38 | 4060622 Renewable Life
Renewable Life's picture

I wonder if Sarah Palin still thinks John McCain "is a great guy"?

'BItch McConnell, John McCain, Lindsey Graham, Collins, etc are what the GOP has always been about post Eisenhower! There ALL millionaire Kenyesian spenders and printers!!

Of course he caved, they don't believe in sound money principles, they believe in fairy tales that have benefitted them the most!! It's just human nature, what I hope to see, is the millions of Americans who are on the losing side of this madness, start to exhibit some human nature of their own!!!

Wed, 10/16/2013 - 10:14 | 4060246 kliguy38
kliguy38's picture

SERIOUSLY???? You really don't get it do you......YOU don't control his destiny......YOUR masters do.....he did as he was told while you slobber at the two party system.....he is in NO danger of being "voted" out.......THEY all work for your MASTERS......heheheheheehehee......

Wed, 10/16/2013 - 10:28 | 4060311 NoDebt
NoDebt's picture

"If you like your current government, you can keep it."  Not that you'll have much choice in the matter, just like Obamacare.

Wed, 10/16/2013 - 10:34 | 4060338 Tall Tom
Tall Tom's picture

You are right. I certainly do not control the Boner's Destiny. I will not ever.

 

But someone might think that they do...and shoot him and his Masters.

 

I do not suggest that anyone here posting on this Comments Section will. We are rational and voice our frustration through the pen.

 

But there are too many others that cannot voice their frustrations with the Pen as they are both innumerate and illiterate.

 

Those will revert to the Brute Force of the Sword. They outnumber us by a Hundred to One.

 

Just why do you think 50 Million are on SNAP...Food Stamps?

 

They may just SNAP.

 

While I am not under the delusion that there is a difference between the two parties, and you may not be under the delusion that there is a difference between the two parties, there are Hundreds of Millions whom are.

 

And that...IS NO LAUGHING MATTER.

Wed, 10/16/2013 - 10:37 | 4060352 firstdivision
firstdivision's picture

Right now an alarm is going off at NSA/FBI and in two hours, there'll be a van parked outside your home where people seem to get in and out of, yet it never moves.

Wed, 10/16/2013 - 10:58 | 4060435 Conax
Conax's picture

Keep an eye on that zipper in the pants painted on the side.  That's where they peek out atcha.

Wed, 10/16/2013 - 10:16 | 4060259 slotmouth
slotmouth's picture

A weird sidenote, John Kerry was in attendance at Hunter S. Thompson's funeral http://en.wikipedia.org/wiki/Hunter_S._Thompson#Funeral.

Wed, 10/16/2013 - 10:16 | 4060260 HelluvaEngineer
HelluvaEngineer's picture

Nice counter-rumor.  Guess Pelosi didn't have time to buy calls.

Wed, 10/16/2013 - 10:12 | 4060225 Spastica Rex
Spastica Rex's picture

Total chaos

Total hyperbole

Wed, 10/16/2013 - 10:13 | 4060239 Cognitive Dissonance
Cognitive Dissonance's picture

Too funny. Insanity is self-sustaining, self-replicating and self affirming. The perfect perpetual motion machine.

Wed, 10/16/2013 - 10:22 | 4060290 falak pema
falak pema's picture

I'm sure you could trademark that phrase and sell it to the next John Galt; he would love a perpetual motion machine of any sort! 

Imagine if the true vocation of an "ideal market run by an invisible hand" was to recycle corrupt politicians transformed into soap tablets. 

"Go wash your hands with that!"

Wed, 10/16/2013 - 10:32 | 4060339 Spastica Rex
Spastica Rex's picture

Leave the Invisible Hand alone. It's... doing something.

Wed, 10/16/2013 - 10:23 | 4060292 DeadFred
DeadFred's picture

Nobody but nobody could have seen this coming!

Wed, 10/16/2013 - 10:13 | 4060240 Dr. No
Dr. No's picture

" A few memebers are still trying to exit their short positions before offical word is published..."

Something good may come of this:  Boehner loses the speakership.

Wed, 10/16/2013 - 10:13 | 4060241 A Lunatic
A Lunatic's picture

Moar Drama.......

Wed, 10/16/2013 - 10:14 | 4060243 Tsar Pointless
Tsar Pointless's picture

Total chaos, total order.

Wed, 10/16/2013 - 10:15 | 4060252 onewayticket2
onewayticket2's picture

whatever "concession" they'll get will be overturned as soon as attention is paid to Amnesty (about 6 hours from now)....

 

love,  Bart Stupak

 

Wed, 10/16/2013 - 10:16 | 4060254 Gunga
Gunga's picture

Keep the feral government shutdown. That is a much cleaner solution than the rest of us seceding.

Wed, 10/16/2013 - 10:17 | 4060261 Zer0head
Zer0head's picture

The only decision left is will Nancy go with neutral colors for the interior of the new G-650 or will she go with a Michael Kors California color scheme come 2014

Wed, 10/16/2013 - 10:17 | 4060262 Element
Element's picture

JEEEZZZUSSZZZZZ!!!!! ... what the ...

Wed, 10/16/2013 - 10:17 | 4060263 Dr. Engali
Dr. Engali's picture

Translation: The squid hasn't looked over and approved the details yet.

Wed, 10/16/2013 - 10:17 | 4060265 AL_SWEARENGEN
AL_SWEARENGEN's picture

If the debt limit is not raised, the system collapses.  The cocksucking owners of this country made it that way.  Without more debt, there cannot be more money.   Prez Abraham Lincoln, Prez Andrew Jackson, and Prez John Kennedy tried it a different way.  All were targets of assassination.  Two were successful.  

Wed, 10/16/2013 - 10:48 | 4060386 Tall Tom
Tall Tom's picture

You forgot a few.  Ronald Reagan is one.

 

He intended to overhaul the Economy from the disaster of the Previous Carter Administration.

 

Two months after Reagan was inaugerated he had a Bullet lodged One Inch away from his Heart.

 

Who does the Secret Service work for anyway? Could it be the US Treasury?

 

After the attempt Reagan abandoned his campaign promises for reform of the Economy and allowed the Vice President, George H.W. Bush, to set Policy and run White House Operations.

 

Acting as President was the best performances of his Entertainment Career.

 

I am certain that Teddy Roosevelt was shot by his assailant (He was and proceeded to continue his FOUR HOUR SPEECH while bleeding all over the stage.) for his opposition to the Rockefeller Power Elite.

Wed, 10/16/2013 - 11:10 | 4060487 22winmag
22winmag's picture

Truer words were never spoken. The man who recruited and directed the JFK assasination team was a three term President who went by the title of "Vice President" for his first two terms.

Wed, 10/16/2013 - 11:26 | 4060552 monad
monad's picture

TR coup-ed McKinley. TR stole the land, same as the black nobility did everywhere else in the world at that time; and still holds it today.

Wed, 10/16/2013 - 10:18 | 4060266 Quinvarius
Quinvarius's picture

I knew it!  The game is still on.  I mean WTF.  They have plenty of day trading ahead of them.  Why would they stop now?  Stocks are up too much for a profitable deal.  They need some rug pulling.

Wed, 10/16/2013 - 10:18 | 4060270 Doubleguns
Doubleguns's picture

The partys are becoming one and the same. 

 

CARR0LL QUIGLEY

The argument that the two parties should represent opposed ideals and policies, one, perhaps, of the Right
and the other of the Left, is a foolish idea acceptable only to doctrinaire and academic thinkers.
Instead, the two parties should be almost identical, so that the American people can 'throw the rascals out'
at any election without any profound or extensive shifts in policy.

-CARROLL QUIGLEY, Tragedy and Hope, 1966

Wed, 10/16/2013 - 10:24 | 4060297 Spastica Rex
Spastica Rex's picture

God, Guns, and Gays

I know I'm rooting for my team.

Wed, 10/16/2013 - 10:18 | 4060271 Jason T
Jason T's picture

they turned us loose inside.. 

Wed, 10/16/2013 - 10:19 | 4060273 Duc888
Duc888's picture

This is some funny shit.

Wed, 10/16/2013 - 10:20 | 4060280 Tsar Pointless
Tsar Pointless's picture

Yes, it is.

Wed, 10/16/2013 - 10:19 | 4060275 Critical Path
Critical Path's picture

What they need is for Putin to step in and propose a solution. 

Wed, 10/16/2013 - 10:19 | 4060276 Bearwagon
Bearwagon's picture

Can't these idiots even hire a Conrad Brean-like spin doctor? How dumb have they become? And why doesn't anybody mention a B-3 bomber or sumpin, which of course has absolutely nothing to do with Syria? Sheesh!

Wed, 10/16/2013 - 10:20 | 4060277 fredquimby
fredquimby's picture

I cancelled a two week trip to US that would have started today, however my CEO still went, so I really need a riot or two in the next coupla days so I don't look like a paranoid tin-foil-hatter....

Anyone got any good SNAP rumours or FAA closing down rumours to post please?

Cheers!

Fred

Wed, 10/16/2013 - 10:29 | 4060322 SquirrelButtDan
SquirrelButtDan's picture

I'll raise your "two week trip to the US" and throw out that I have a trip to NOLA starting Halloween and then a couple of days after! That should be a hoot if EBT not funded in Louisianna. Just sayin'...

Wed, 10/16/2013 - 10:30 | 4060333 dontgoforit
dontgoforit's picture

Sorry you didn't make it, Fred.  The country is still beautiful once you get out of the confines of the cities.  UK is one of my favorite visitation destinations.  Love Painswick, Ambleside, Bath and so many others!

Wed, 10/16/2013 - 11:01 | 4060448 Tall Tom
Tall Tom's picture

Do you want him gone for more than two weeks? Do you like your CEO?

 

You might be able to arrange an extended USA stay for your CEO. All you have to do is find someone who will start Shooting Down Airplanes while they are landing. That shouldn't be too hard to accomplish when people lose their SNAP.

 

Be sure to take out Massive Shorts on Airline Stocks beforehand. (Hell some people over on this side of the Pond did that when they rammed those Jets into the WTC. I mean, this is a Government approved message as THEY ARE THE ONES RESPONSIBLE FOR GIVING ME THIS GREAT IDEA.  Are you listening NSA???)

 

That way you can profit handsomely as the FAA grounds all Air Traffic. And when the cat is away the mice can play.

 

See the benefits? The possibilities?

Wed, 10/16/2013 - 10:21 | 4060282 Sleepless Knight
Sleepless Knight's picture

The congress just needed to unload all their soon to be worthless stocks. They'll empty thier stock accounts on the bump.

Wed, 10/16/2013 - 10:22 | 4060283 Element
Element's picture

think we just got front run ...

Wed, 10/16/2013 - 10:27 | 4060285 involuntarilybirthed
involuntarilybirthed's picture

The media is in full blitzkrieg to befuddle the America people, destroy the Tea Party and resurrect President Obama and the Dems from all their recent unsolved distractions. 

Wed, 10/16/2013 - 10:22 | 4060287 foytik
foytik's picture

We have been told a deal is imminent several times now. Late last week, over the weekend, on Monday, and then again on Tuesday. Every time senators and/or congressmen came out declaring the agreement has been reached and they are confident it will get passed, and each time there was a snag. The latest plan has yet to make it out of the senate, and with Boehner saying he will agree to it, the democrats in the senate may decide to load it with things they want, or even to deliberately slip in a poison pill. Then Boehner will backtrack, saying that is not what he agreed to, and the house will have a meeting and come out and say, no we don't think so. Or not, maybe we will get a deal this time, but given how things have gone recently nothing is certain.

Wed, 10/16/2013 - 10:32 | 4060337 SKY85hawk
SKY85hawk's picture

Looks like a great short term trade.  Only THEY know in advance.  .    .

Wed, 10/16/2013 - 10:22 | 4060289 Dr_D
Dr_D's picture

Great movie that really has a lot in common with the current situation..

Wed, 10/16/2013 - 10:30 | 4060331 Rainman
Rainman's picture

" If you're going to be crazy you have to get paid for it or else you'll be locked up". ...Hunter S. Thompson

Wed, 10/16/2013 - 10:27 | 4060308 ebworthen
ebworthen's picture

Makes me want to buy a pack of smokes, some whiskey, and drive to Vegas.

I would at least be driving AWAY from Washington D.C.

Boner will fold, give it time.

Ether!

Wed, 10/16/2013 - 10:51 | 4060411 Bearwagon
Bearwagon's picture

Hurry, you cannot stay there. That is bat-territory!

Wed, 10/16/2013 - 10:29 | 4060329 OwnSilverPlayMusic
OwnSilverPlayMusic's picture

Dr. Gonzo: I hate to say this, but this place is getting to me. I think I'm getting the Fear.

Wed, 10/16/2013 - 10:30 | 4060332 involuntarilybirthed
involuntarilybirthed's picture

Hey, Joe Biden!   Joe Biden!  How about an update on your gun control assignment? 

Wed, 10/16/2013 - 10:31 | 4060335 socalbeach
socalbeach's picture

Republicans deny they folded today, will fold tomorrow instead.

Wed, 10/16/2013 - 10:37 | 4060358 firstdivision
firstdivision's picture

Keep the plates spinning.  Not every member has finished their trades yet!

Wed, 10/16/2013 - 10:45 | 4060390 YHC-FTSE
YHC-FTSE's picture

Debt ceiling resolution is a no brainer, as folks in the MIC say. It will be raised because there's no other option. But the timing of this resolution is crucial here - too late and we have the triple whammy of sovereign default risk, credit rating (interest rate hikes) downgrade, and as discussed, possible EBT/SS payment delays. That's the sort of event that brings on riots and revolutions. 

It is highly likely that a deal will be cobbled together and passed at the last minute,  but if it doesn't,  I think every one of the regulars on ZH is ready to handle the worst. Good luck and keep your head down.

Wed, 10/16/2013 - 10:56 | 4060428 Handful of Dust
Handful of Dust's picture

My health insurance company says they don't care if the Obamacare web site doesn't work. Come Jan 1st, I have zero coverage from them.

Wed, 10/16/2013 - 11:16 | 4060512 Dre4dwolf
Dre4dwolf's picture

Tell them then that they then have zero payments from you.

Wed, 10/16/2013 - 10:58 | 4060438 Harry Dong
Harry Dong's picture

I wish I had some assymetrical information here. I can only guess. Can we hedge this? 

And if I have a chance to get a 30yr mortgage on a rental property at 4.5% should I take it? Or maybe use the down to order the next monster box (promise not to loose this one).

Wed, 10/16/2013 - 10:59 | 4060442 MFLTucson
MFLTucson's picture

Bohnier does not respresnt anything the Republican Party was to atand for and as a consequence, game is over for Bonier and 2014 will be a return of the Democratic Party to the house and Guns are gone.  

Wed, 10/16/2013 - 11:05 | 4060460 goldenbuddha454
goldenbuddha454's picture

No rumor is confirmed until it is denied.

Wed, 10/16/2013 - 11:08 | 4060474 thecoloredsky
thecoloredsky's picture

WTF is this! NBC not even hiding their bias anymore

http://i44.tinypic.com/346asy8.png

Wed, 10/16/2013 - 11:15 | 4060506 Dre4dwolf
Dre4dwolf's picture

Like every conservative didn't know NBC was progressive?

 

You can tell by the hair-styles of their reporters, they all look like really bad transvestite versions of Elvis Presley.

Wed, 10/16/2013 - 11:24 | 4060549 LostPolarBear
LostPolarBear's picture

Dow up 200 - what will the markets do once the caving is official?

 

 

Wed, 10/16/2013 - 11:47 | 4060660 Samual Adams
Samual Adams's picture

My Student Loan Company said I owe them $40K but what's the focking point?   There is none and that's why it will never be paid back.  USA defaults, I default.   I timed my loans just right to coincide with the Great Default. 

 

Of course they could start rounding up all the college loan defaulters with authorization from the NDAA, saying that loan defaulters are a national security risk.  aka, delinquent to the banksters that run this country.   Debt slavery is a real bitch!

Wed, 10/16/2013 - 12:20 | 4060861 Jethro
Jethro's picture

And Congress will behave thus until they can be held accountable for how they vote. Not in the sense of merely being voted out of office, but in the sense of real jail time.

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