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Boehner Keeps On Folding: Now Proposes Clean Debt Ceiling Bill

Tyler Durden's picture




 

A week ago, we reported that unlike on previous occasions, this time Boehner decided to fold like a lawn chair early in this year's debt ceiling hike debate, and sure enough moments ago Politico confirmed as much when it reported that "House Republicans are abandoning their plan to lift the debt limit and restore military pension cuts due to flagging support from the rank and file. The announcement was made Tuesday morning in a private GOP meeting." As we also predicted, Politico adds that "now, the GOP will have to pass a so-called clean lift of the debt ceiling — one without policy strings attached. But even that won’t be easy. Senior Republican lawmakers and aides are openly wondering just how many of their members will vote for a clean debt ceiling — Democrats will have to bear the brunt of passing the bill, GOP insiders say." And the punchline for the vote, which is set for Wednesday, "Senior GOP sources wonder if they’ll be able to get 18 Republicans to vote for a debt ceiling increase — the bare minimum for passage if every Democrat votes yes."

To summarize: the GOP may have trouble being more Democrat than the Democrats.

In other news, perhaps it is about time for the GOP to eliminate any pretense of "fiscal conservatism" and finally do away with the debt ceiling farce entirely so they can at least show their voters what their true colors really  are.

 

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Tue, 02/11/2014 - 11:00 | 4423671 LetThemEatRand
LetThemEatRand's picture

"due to flagging support from the rank and file."

Due to pressure from the banks, multi-national corporations and MIC that own both Teams.  There, fixed it.

Tue, 02/11/2014 - 11:03 | 4423683 LawsofPhysics
LawsofPhysics's picture

Welcome to the King's 'merica...

Fascism, cronyism and despotism on full display...

Tue, 02/11/2014 - 11:06 | 4423688 negative rates
negative rates's picture

This is easy, you open up 18 wallets, insert cash, pass clean bill.

Tue, 02/11/2014 - 11:11 | 4423705 WhyDoesItHurtWh...
WhyDoesItHurtWhen iPee's picture

Boehner flagging then folding.

Tue, 02/11/2014 - 11:16 | 4423722 NoDebt
NoDebt's picture

This shit show is on auto-pilot now.

Did I smell a whiff of "there could be problems getting the debt ceiling raised no matter what course they take" in this article?  If so, you can stow that shit right now.  It WILL be raised just as it has been every time before.  Just with less real fight and more feigned indignance this time.

Tue, 02/11/2014 - 11:30 | 4423756 SoundMoney45
SoundMoney45's picture

They are simply following the script, but the script certainly could be more entertaining.

Tue, 02/11/2014 - 11:32 | 4423775 Taffy Lewis
Taffy Lewis's picture

For sure the script needs more minorities and more gays to fit today's America.

Tue, 02/11/2014 - 11:49 | 4423834 pods
pods's picture

I nominate the hot chocolate onesie guy!

pods

Tue, 02/11/2014 - 12:24 | 4423968 max2205
max2205's picture

Just where are the pictures and who's goat did Bonner get  caught screwing......what a douchebag!

Tue, 02/11/2014 - 12:54 | 4424066 kralizec
kralizec's picture

Toldjya! Bends over easier than a streetwalker!

Tue, 02/11/2014 - 14:21 | 4424397 Muppet Pimp
Muppet Pimp's picture

The ratio of additional debt to quantity of third worlders imported (to be provided social security numbers and hitched to the increasingly heavy federal wagon) needs to be made public. 

I.E. Our rulers want to spend 500 billion more than they take in this year, so based on the present ratio we will need XXX,XXX,XXX third worlders brought in and hitched to their wagon. 

Pull!  Pull!  Boehner and Reid have campaigns coming up and K street Hungry!  Pull! Pull! Hookers and Blow from K street this Friday if we can take the taxpayser for another 100b Pull!  Pull!

Tue, 02/11/2014 - 11:32 | 4423766 pods
pods's picture

They are going to save their energy for the REAL battle!

On a related note, if anyone can actually find out something they are willing to stand up on lemme know. Besides the gay stuff.

pods

Tue, 02/11/2014 - 14:13 | 4424362 One of We
One of We's picture

Confucious say, can't stand up while bending ovah.

Tue, 02/11/2014 - 11:34 | 4423784 HardAssets
HardAssets's picture

congress is pretty much irrelevant now

They could just hire actors.

Actually, they have hired actors

Tue, 02/11/2014 - 16:58 | 4425056 DetectiveStern
DetectiveStern's picture

Polictics is hollywood for ugly people.

Tue, 02/11/2014 - 11:25 | 4423723 philipat
philipat's picture

What does the NSA have on Boner? Was he boning things not acceptable in civilized society?

Tue, 02/11/2014 - 11:26 | 4423742 InTheLandOfTheBlind
InTheLandOfTheBlind's picture

probably nothing... he is just doing what he was trained to do... remember he did attend a jesuit university

Tue, 02/11/2014 - 11:33 | 4423770 duhhhhhh
duhhhhhh's picture

It is called USEC and the promise of one billion in future loans. Obamas got him by the proverbial sack.

Tue, 02/11/2014 - 11:40 | 4423805 InTheLandOfTheBlind
InTheLandOfTheBlind's picture

one wonders if boehner doesn't enjoy the hand on the sack... and those loans sound like a payment for good "soldiering".... 

Tue, 02/11/2014 - 11:24 | 4423729 lordylord
lordylord's picture

deleted

Tue, 02/11/2014 - 11:07 | 4423686 Divided States ...
Divided States of America's picture

Boehner should just quit congress and start a business of making folding lawn chairs where he can be the CEO and full time spokesperson.

Tue, 02/11/2014 - 11:09 | 4423693 negative rates
negative rates's picture

If he did that he would'nt be able to bend over for the rank and file flatliners.

Tue, 02/11/2014 - 11:15 | 4423717 Stoploss
Stoploss's picture

They need all the rope they can carry right now. So if it's rope they want, it's rope they get, no questions asked.

The voters of this scam are the focus of the pain. It will be felt.

Tue, 02/11/2014 - 11:36 | 4423786 Taffy Lewis
Taffy Lewis's picture

I can reserve the lamp posts.

Tue, 02/11/2014 - 11:35 | 4423780 CrimsonAvenger
CrimsonAvenger's picture

No can do - he's already slated to be the spokesperson for Orange Julius.

Tue, 02/11/2014 - 11:13 | 4423706 RSloane
RSloane's picture

Yup. Its down to which bank[s] do you want to vote for.

Tue, 02/11/2014 - 11:29 | 4423757 chubbar
chubbar's picture

There is no "fix", they collectively have us in such a deep hole financially that there is no way back. Anything the GOP passes will not make the economy better and will likely make things worse. The more they cut budget spending the faster the decline in tax receipts and increase in social spending applications from layoffs.

Nothing is going to work, the malinvestment is so great and the gov't is so big that there is no way back. This is going to be the biggest world-wide bust in history. If "they" meaning the banking cabal doesn't have a plan "B" that implements a system to keep commerce going while austerity and gov't shutdowns commence, millions will starve. Prepare accordingly.

Tue, 02/11/2014 - 15:36 | 4424725 highly debtful
highly debtful's picture

That is currently my biggest fear: that they don't have a decent plan B. By "decent" I mean a plan that doesn't include fascism at the top, Fema camps, Detroit-style "Nacht und Nebel" house to house searches by men in black uniforms, armed to the teeth. And I don't mean "Diktats" from the EU-bureaucracy either, with bail-ins and financial repression for all. 

You know, most of us used to laugh with the likes of Chavez, Maduro and Kirchner, but just take a good, hard look at "you didn't build that'-Obama or the "We don't care if Greece dies as long as it continues to strangle itself to save our banks'-European Union.

Are you still laughing? Because I sure as hell am not.

 

Tue, 02/11/2014 - 11:01 | 4423672 Doubleguns
Doubleguns's picture

The new image and name for the GOP.

Yellow belly sap suckers. 

http://www.pinecone.on.ca/MAGAZINE/stories/Yellow-belliedSapsucker.html

Tue, 02/11/2014 - 11:06 | 4423687 Hubbs
Hubbs's picture

Actually, there may be some bitter  irony to your analogy. After reading the description and getting through all the niceties of the species, it appears that they can drill a lot of holes in the tree (The USA) to the point that they kill it. (politicians).

Tue, 02/11/2014 - 11:04 | 4423677 LawsofPhysics
LawsofPhysics's picture

They are all fully owned, and not by their constituents...

noun: despotism 1. the exercise of absolute power, esp. in a cruel and oppressive way. "the King's arbitrary despotism"
Tue, 02/11/2014 - 11:10 | 4423696 negative rates
negative rates's picture

They won't even accept a joint resolution.

Tue, 02/11/2014 - 11:04 | 4423679 Gunga
Gunga's picture

There is no opposition party. All of Washington DC is part of the Fascist takeover of America.

Tue, 02/11/2014 - 11:09 | 4423697 RSloane
RSloane's picture

Exactly, Gunga. Yet for many its very important to pretend that there is a vast difference between parties, and one is so much better than the other.

Tue, 02/11/2014 - 11:20 | 4423725 BandGap
BandGap's picture

That is so the sheople don't unite, they are constantly pitted against one another.

The Weeping Cheeto

Tue, 02/11/2014 - 11:28 | 4423749 Save_America1st
Save_America1st's picture

and there is no "two party" system...both sides are just 2 heads of the same monster.  Each head may not always agree with the other, but ultimately they always move the body in the same direction towards more power and tyranny.

Tue, 02/11/2014 - 11:07 | 4423691 tradebot
tradebot's picture

Maybe Mr B has a notion that Dems should own the hike.  Sit back and allow Dems paint themselves into a corner.  Failng that, I don't know what else he could be thinking.

Tue, 02/11/2014 - 11:09 | 4423701 negative rates
negative rates's picture

He's not thinking, that's why all the confusion.

Tue, 02/11/2014 - 11:25 | 4423746 DeadFred
DeadFred's picture

Reptilian symbionts have difficulty adjusting to increasing day length so give him a break for being addled. The yellowish tinge is a dead give away that his symbiont is particularly sensitive.

Tue, 02/11/2014 - 11:09 | 4423695 Doubleguns
Doubleguns's picture

Get your cheap lawn chairs now. On sale. Check out the John Boehner. Authentic color too!!!

http://www.kmart.com/essential-garden-pvc-chair-red/p-028W005746343001P?...

Tue, 02/11/2014 - 11:09 | 4423699 krispkritter
krispkritter's picture

What, no orange or Yellen, er, yeller?

Tue, 02/11/2014 - 11:11 | 4423704 negative rates
negative rates's picture

It goes from red to blue to purple, and then you black out from all the colorful choices.

Tue, 02/11/2014 - 11:23 | 4423735 Doubleguns
Doubleguns's picture

If you have the money for a campaign bribe ummm contribution you can get any color you want.

Tue, 02/11/2014 - 11:09 | 4423698 FieldingMellish
FieldingMellish's picture

Forward comrades!

Tue, 02/11/2014 - 11:15 | 4423709 Oldballplayer
Oldballplayer's picture

I can just see this guy, 75 years old sitting on his front porch in a tee shirt, wheezing from his inescessent smoking, and trying to get someone to listen to his stories.

He is a disgusting piece of human waste.  He stands for nothing.  He fights for nothing.

All he is interested in is surviving the next Speaker's election.

I dont want dead.  I just want him gone.

Tue, 02/11/2014 - 11:14 | 4423713 El Tuco
El Tuco's picture

 

Judge Napolitano lays it out for everyone in just a couple of minutes....

 

http://www.youtube.com/watch?v=_QT8Q-Hcll0

 

 

Tue, 02/11/2014 - 11:30 | 4423764 Save_America1st
Save_America1st's picture

Judge Nap kicks ass!  Fuck Fox Business for caving in and cancelling his show "Freedom Watch".  I stopped watching both Fox channels after they caved into the White House and dropped that show.  I'm surprised Judge Nap even appears on Fox anymore as an anylyst, but they don't let him speak the way he used to when he had that show.  Fox may still crush everyone else in the ratings, but their viewership numbers started the long decline after they cancelled Freedom Watch. 

Tue, 02/11/2014 - 12:17 | 4423948 Doubleguns
Doubleguns's picture

I was supprised that The Blaze did not pick him up for a similar show. 

Tue, 02/11/2014 - 11:16 | 4423715 highly debtful
highly debtful's picture

Does the concept of political opposition even still exists in the United States of America? Maybe the GOP should hire some Ukrainian boxer at this point. He could teach the republicans a thing or two about opposing the vested interests of TPTB.

Tue, 02/11/2014 - 11:17 | 4423719 headhunt
headhunt's picture

Is the NSA emailing Boehner what they have on him or does it arrive registered mail?

Tue, 02/11/2014 - 11:21 | 4423727 roadhazard
roadhazard's picture

Don't forget to reelect your winger. They are looking out for You. heh

Tue, 02/11/2014 - 11:21 | 4423733 BeetleBailey
BeetleBailey's picture

Boehner

French for DOUCHEBAG

Tue, 02/11/2014 - 11:23 | 4423738 The_Ungrateful_Yid
The_Ungrateful_Yid's picture

Good old limp boehner. Obama's favorite politcal cuckhold.

Tue, 02/11/2014 - 11:23 | 4423739 Obama_4_Dictator
Obama_4_Dictator's picture

I propose that things are getting so dicey for the dollar that even the slightest fight about anything, including the debt ceiling will cause a currency collapse.  I don't think we will be hearing much about debt limits or anything ever again.  The markets must stay green and interest rates must stay low, otherwise boom. Boner is providing cover.

Tue, 02/11/2014 - 11:29 | 4423752 yogibear
yogibear's picture

Boehner is a joke. Might as well be on the other party.  He looks like he spends a lot of time at bars.

He's just a seat warmer.

Tue, 02/11/2014 - 11:31 | 4423758 moneybots
moneybots's picture

"Senior Republican lawmakers and aides are openly wondering just how many of their members will vote for a clean debt ceiling"

 

Probably just enough to get it passed.

Tue, 02/11/2014 - 11:36 | 4423788 dexter_morgan
dexter_morgan's picture

There are 2 parties in US? Really? Who'd a thunk it.

Tue, 02/11/2014 - 12:23 | 4423963 Doubleguns
Doubleguns's picture

Yes the gulag party and the tyrant party. 

 

http://gulagbound.com/

Tue, 02/11/2014 - 11:39 | 4423798 the not so migh...
the not so mighty maximiza's picture

Republicans need the gravy train to keep rolling too,  Onward Repuplicrats

Tue, 02/11/2014 - 11:43 | 4423811 j0nx
j0nx's picture

It's becoming clear to me that Obama has dirt on most of the GOP's key players along with SCOTUS and anyone else in a position to do something. He's using the NSA as his own personal brown shirt squad to quash dissent amongst the opposition party. At least that's just my opinion. Nothing else makes sense and Occam's razor being what it is.

Tue, 02/11/2014 - 11:46 | 4423816 drendebe10
drendebe10's picture

Politicians and diapers...

Tue, 02/11/2014 - 11:50 | 4423830 Cornholiovanderbilt
Cornholiovanderbilt's picture

$80 trillion + and they are still using the debt ceiling charade?  Ok, welcome to dumbfukistan!

Tue, 02/11/2014 - 11:50 | 4423838 Pumpkin
Pumpkin's picture

It is mis-representation and failure of fiduciary duty to say one thing to get elected and then do another.

Tue, 02/11/2014 - 11:52 | 4423848 Miss Expectations
Miss Expectations's picture

But they will never follow a stranger; in fact, they will run away from him because they do not recognize a stranger’s voice. -- John 10:1-5

Tue, 02/11/2014 - 11:55 | 4423856 dexter_morgan
dexter_morgan's picture

Boner must have been in to some really nasty shit that the NSA has uncovered or else he's just a fucking leftie all along and just coming out now so to speak. Either way - sooner he is gone form congress the better.

Tue, 02/11/2014 - 12:18 | 4423953 Dick Gazinia
Dick Gazinia's picture

Raging Boner

Tue, 02/11/2014 - 14:22 | 4424400 Meat Hammer
Meat Hammer's picture

Controlled opposition.  Nothing more.

Tue, 02/11/2014 - 12:05 | 4423900 kw2012
kw2012's picture

All it took was Obama patting Boehner on the head during the State of the Union address.

Tue, 02/11/2014 - 12:18 | 4423949 Son of Captain Nemo
Son of Captain Nemo's picture

Let me help Mr. Boehner with his new "bravery medal"...

Feast your eyes people!

http://investmentwatchblog.com/breaking-news-with-social-security-ammo-iran-russia-china-and-ohio-gotta-watch-this/

Tue, 02/11/2014 - 12:26 | 4423973 Winston of Oceania
Winston of Oceania's picture

I couldn't stand the poor presentation to watch long enough to find out what it is about...

Tue, 02/11/2014 - 12:33 | 4423993 Son of Captain Nemo
Son of Captain Nemo's picture

The "cliff notes" version especially for you on who controls it.  Parasites are an amazing thing when they amass this kind of control -aren't they?

http://desertpeace.wordpress.com/2014/02/11/waiver-bill-allowing-israel-to-discriminate/

Tue, 02/11/2014 - 12:22 | 4423961 Winston of Oceania
Winston of Oceania's picture

Look in case any of you were otherwise engaged during the Gub'ment shutdown O has used the trump card of unleashing the vote farms by turning off the ebt cards on the East coast as well as in LA where Walmart was strip mined by them. Pubbies running scared...

Tue, 02/11/2014 - 13:03 | 4424090 flacorps
flacorps's picture

Perhaps a sufficient number of non-Democrats (RINOs not in the normal sense but in the sense of having a libertarian bent) see the crisis as better if it comes earlier rather than later. It may be time to fasten seatbelts.

Tue, 02/11/2014 - 12:44 | 4424036 flacorps
flacorps's picture

We may be witnessing the birth of a new political party that doesn't kiss corporatist ass...

Tue, 02/11/2014 - 12:45 | 4424042 Peter Pan
Peter Pan's picture

And to think that these are the scumbags who sent American soldiers to be butchered in Iraq and Afghanistan.

Tue, 02/11/2014 - 12:45 | 4424043 rsnoble
rsnoble's picture

The bailing wire that's currently holding this sham system together is showing signs of severe metal fatigue.

They need to push whatever shitass agenda they have and hold it together to achieve the holly grail of a bunch of starving,unarmed peons working for chinese wages.

Somehow we need to band together and stab them in the heart right fucking now.

Tue, 02/11/2014 - 13:06 | 4424098 jbradt
jbradt's picture

Boehner cried when he accepted the Speaker of the House, I thought it was emotional tears. Wrong!! It was tears of realizing what kind of windfall of money he was receiving. Benghazi, WHO TOLD WHOM TO STAND DOWN?? Rethink 911.

Tue, 02/11/2014 - 14:45 | 4424470 DarthVaderMentor
DarthVaderMentor's picture

It's clearly a clever setup on the Democrats for 2014 IMHO and Obama now realizes he's been had. I bet it might be even tougher to get Democratic votes than GOP votes. Now we'll have a clear record of who are the real pure ideologists behind Keynesian economics and who are the corrupt who vote for another reason.

 

The big decision for 2015 is whether this incompetent narcissistic boy gets impeached or just made irrelevant.

Tue, 02/11/2014 - 14:59 | 4424536 Beard of Zeus
Beard of Zeus's picture

Maybe Boehner has been having too many "policy discussions" with his dreadlocked black son-in-law.

Tue, 02/11/2014 - 16:17 | 4424898 John_Coltrane
John_Coltrane's picture

Well, the democrats passed a huge porkulus "budget" in 2008 with no Repub votes when they controlled both houses and locked in permanently higher budgets across-the-board.  So, now they get to approve the debt required to fund these programs-including the worst one-Obamacare.  They own this mess.  So, this is the only "fair" approach, allow a clean vote.  Then voters know who to eliminate in the 2014 election cycle.   Let the attack ads begin!

It would be amusing if the bill fails on the first vote (like TARP did due to no votes from the repubs).  Then they can vote on it again and again until they can bribe about 18 votes away (like they did with TARP in 2008).  Never-the-less, it will be clear who authorized all the excess spending in 2008 which placed the US in the current position.

Next step, replace Boehner with someone with a some backbone.    Getting along is way overrated. 

Tue, 02/11/2014 - 18:21 | 4425419 StychoKiller
StychoKiller's picture

"If ya don't stand for something, you'll fall for ANYTHING!"

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