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Divine Intervention? House Speaker Boehner Resigns From Congress Amid "Conservative Coup"
The combination of another debt limit fight, the defunding of Planned Parenthood, and prospect of another government shutdown tearing his party apart, the GOP just suffered its latest major blow, when news hit that House speaker John Boehner, just 24 hours after getting a visit by none other than the Pope, is folding one last time:
- BOEHNER TO RESIGN FROM CONGRESS, GIVE UP HOUSE SEAT IN OCT: NYT
This not only makes a government shutdown more likely as a result of loss in leadership at this crucial stage but more importantly, with Yellen blaming Congress for not hiking, just raised the general uncertainty and lowered odds of a December (or any subsequent) rate hike.
Speaker John A. Boehner will resign from Congress and give up his House seat at the end of October, according to aides in his office.Mr. Boehner was under extreme pressure from the right wing of his conference over whether or not to defund Planned Parenthood in a bill to keep the government open.
Boehner Statement:
Boehner aide's full statement on impending resignation. Comes amid rumblings of conservative coup. pic.twitter.com/ZB3IY8xdbC
— Benjy Sarlin (@BenjySarlin) September 25, 2015
* * *
With Boehner gone, the debt ceiling vote just got a lot trickier for the White House and Wall Street. A LOT TRICKIER.
— Damian Paletta (@damianpaletta) September 25, 2015
And the market knows it...
Here is Goldman's take on the surprising announcement:
- Boehner plans to step down as House Speaker and resign from Congress at the end of October, according to several reports. This comes following pressure from conservative members of his caucus to block an extension of government funding due to the controversy over Planned Parenthood. Members of Congress will elect his replacement as Speaker after he leaves his position. Many view current Majority Leader Kevin McCarthy as a likely replacement.
- In our view, this significantly reduces the probability of a government shutdown next week. The Senate is expected to pass legislation on Monday (Sept 28) to extend spending authority, probably to December 11. Speaker Boehner was under pressure not to accept this “clean” extension of spending authority (i.e., one that did not include changes to Planned Parenthood funding). His resignation, expected at the end of October (i.e., after the funding extension has passed), is in our view a strong signal that he plans to bring the clean extension up for a vote despite opposition from House conservatives. In essence, this announcement is meant to preempt the expected attempt to remove him from his position after he extends spending authority.
- The next relevant question for financial markets will be how this affects the debt limit and other pending issues. There is a clear possibility that the vote next week, which was initially expected to deal just with the extension of spending authority, could instead also address other issues like an extension of the Export-Import Bank and, possibly, even an extension of the debt limit, which we believe will need to be raised before Congress adjourns for the Thanksgiving break in late November.
And here is BofA:
Boehner has been vocal about avoiding a shutdown. With the timing of this announcement shortly ahead of the budget deadline next week, we expect that Boehner's resignation will allow him to work across party lines to pass a continuing resolution. In our view, this decreases the chances of a shutdown next week.
Boehner's resignation may increase risks of brinkmanship going forward. His replacement may have more difficulty generating consensus when the debt ceiling becomes a more urgent issue in November or December and when a potential continued resolution likely expires in December.
In our view, the market is likely to look through brinkmanship as it did in 2013. A shutdown may impact growth, but we expect the effect to be limited. This does shift risks of turmoil out toward the December Fed meeting, when we expect the Fed to raise rates. Still, we think the Fed is likely to look through any brinkmanship unless there is a large, unanticipated shock.
Elections will be held for a successor. It is expected that House Majority Leader Kevin McCarthy may be elected for the role. House Financial Services Committee Chair Jeb Hensarling and Freedom Caucus Chair Jim Jordan are other potential candidates.
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Wish more would vote but so far reflects dissaproval with status quo. In recent college poll students were asked "would you prefer a little more capitalism or a little more socialism ?" Result was 71% said more socialism. Hillary also represents status quo without any policy change agenda and Biden is viewed as a nice guy who relates to average Joe with everyday problems and family hardship . Pope's message is also in tune with more social change which resounds although not relevant. Point is more Americans believe something is wrong with economy, values and future direction.
Yep, a three sided coin.
That'll fix it.
a little bitty tear let me down...
spoiled my act as a clown...
Maybe a blow to the RNC and GOP leaders like Mitch McConnell but a win for true small gov't Republicans.
This is also not a good thing for Dems although they won't admit it, just watch them dial up their rhetoric.
thank GOD. that explains all that weeping.
The Popes in da house.
30Now there was a herd of many swine feeding at a distance from them. 31The demons began to entreat Him, saying, "If You are going to cast us out, send us into the herd of swine." 32And He said to them, "Go!" And they came out and went into the swine, and the whole herd rushed down the steep bank into the sea and perished in the waters.…
Now if Boener ends up floating in the Potomac, we may have a chance.
Hey, ya never know...
John Boehner, the Orange man, shutting down the tanning bed!
This is getting good............
About damn time,,, thanks for all the damage you have done while in the office. POS
If by accident Jeb Hensarling becomes Speaker, he will force Yellen to resign.
Don't get too excited about Jeb Hensarling. The MBS reform bill he revised and moved along through his committee a year or two ago has the power to disappear good title on most real estate into cyberspace. It makes the equivalent of MERS the final arbiter on the existence or release from any mortgage. The courts have to accept what Neo-MERS has to say even over what is on file at the county clerks' offices.
Do you see a problem?
Something sinister is in play.
Good riddance; who will be the next shill to be in his place? Maybe Chelsea Clinton could be the replacement, thus removing any doubt that there is and always has been one party!
Gotta be Devine Intervention. A good start. Now need Obama to follow suit. They can then play golf together and WE CAN GET THE COUNTRY BACK ON TRACK.
We won't get 'back on track' until a LOT of communists, foreign garbage, and oligarchy scum are dead.
Boner was a loser, and his actions were NOT reflective of conservative American views. I'd like to see someone stand up for core Constitutional values and shrink .gov, like testicles in an ice bath.
Look, how many times has Obama had to veto? I cannot think of one; yet all year "one" party has been in full control. Goes to prove there is only one party, the "Banker" party.
No more Boner (sp)...you would think the planned parenthood problem would take care of itself.
There is NO trick to the debt ceiling since it is all crystal clear, blue skies with a few chem-trails; no ceiling exists. But, the "Dog & Pony" show will be the amusement of the uninformed. Was there a shutdown before? NOPE; only a small portion, the part that hurt vacationers and Vets. I can tell you the government employees are hoping for one because they get a free vacation with all the back-pay. Just like asking "when will Bush senior or Carter or Clinton die so we, the Federal employee can have a free vacation day and that is how it is and shows how sick we are.
Should the shutdown cause / occur during the reset, the Fed workers may have a reason to regret their wishings. "Sorry, fellow bureaucrats, but the Chinese just dumped $1T worth of Treasury bills on the open market, and we have to print paper to cover them. You will be paid in full at your current wages, but just now I bought a loaf of bread for $50 and a tank of gas for $200."
"...the GOP just suffered its latest major blow..." There may be several individuals and entities who suffer from Boehner's exit, but the GOP sure as hell isn't one of them. Whether they choose to exploit this latest opportunity to accomplish something useful (like stop being Obummer's surrender monkeys) remains to be seen.
I could see stepping down as Speaker. but resigning from Congress altogether seems odd. Might it be more than just the PP funding?
You just reminded me of this...
The founder and CEO of StemExpress is Cate Dyer, the younger sister of Charlotte Ivancic, Boehner’s health policy director, as originally observed at the conservative site ForAmerica.
Link doesn't work. Interesting observation nonetheless.
http://thehill.com/policy/healthcare/250314-top-boehner-health-aide-leav...
Looks like she used to work for Paul Ryan too. Maybe that's why he is not tossing his hat into the ring.
As an aside, I heard from a very good source that when he was ready to go on the road and do some of his own speaking and present some of his own ideas as Romney's VP candidate, he was told in no uncertain terms that such a thing must not happen. He would be given his talking points and he would be expected to stick to them.
No, Boehner knows that the jig is up. He wants to be the first rat off the ship and slime off to his privatly guarded hole in FL. He needs a year or two to quietly get hired by a law firm to collect his years of bribes that are due.
There will more of these high profile exits. Dimon and Blankfein have to be more creative with their exit reasons.
I was just thinking the other day that we needed a new political party for conservatives - thus creating Democrats, Republicans, and Conservatives. None of the three parties would be in a majority, and eventually the Republicans would fade back into single digits.
Isn't that the Libertarians?
One down several hundred to go.
Not that there is any hope for someone better replacing him, but this guy is fucking douche, so yay!
Mr. Boehner - did a 7% approval rating for the Republican Congress, and about the same number for any establishment Republican Presidemtial candidate, have anything to do with your decision?
boner is an owebomba lover.
Literally and/or figuratively? Is Michelle jealous...stay tuned for more of "As the World Burns".
We'll miss his crying.
Boehner may be leaving the country because he is "in the know". King Obama; better get use to that one. Where is the sniper that can hit the bulls eye from one mile?p
Kott?
He's not going to give a resignation speech, probably for fear of breaking down and crying like a baby In front of all America. Would be pathetic to watch.
Looks like the Banks and Bolsheviks just lost their Trojan Horse. Thats enough to nake one cry.
Boner for Pope 2016!!
Bye, bye, fuckhead.
Quit and run before SHTF.
Did he cry again?
This guy was purportedly a notorious drunk.
If he was too drunk to get it up for hookers, blow and passing more corporate written legislation, then it was time for something else.
Guys like Beaner and the rest of the republicants destroyed the country as thoroughly as Obomba's wrecking crew.
Somebody else said it here.
He will become a far more dangerous lobbyist.
G_d damn you all!
WE in southwest Ohio are proud of the "Orange One" for resigning, just wish he would have done it 20 years age.
There is no way to view this as other than an unmitigated blessing - Boehner was weak, and there was no "leadership" at this "crucial time"; a jellyfish would have more spine, and a sadistic psychopath more morals and principles.
His replacement may well be better, only on the principle that leaving a local minimum brings a higher value to the equation. Now for McConnell, another annelid in public office.
Resignation will not save you from prosecution for your treason and other high crimes John Boehner.
Grimaldus
Either the Oligarchy or death will save Boner from prosecution.
Unless We The People take matters into our own hands, that is.
Boaner will have an 'accident' and turn up dead not long after his resignation.
He's failed the Oligarchy, and we all know servants who fail make Mr Bigglesworth ANGRY.
And when Mr Bigglesworth gets angry, PEOPLE DIE!
We don't eat the kitty. We pet the kitty...
OT, but I'd much rather eat the kitty
I'm not sure it's all that bad. He did his job of bucking the anti-establishment wave, and now he's just saving face and resigning before he gets tossed to the curb.
How did he fail the oligarchy?
Another worthless piece of shit gone. only 534 to go.
You left out their staffs, the insiders, the lobbyists, the hangers-on, the boorocrats, etc.
We need to get rid of about a million people.
if only we could cut a big ditch around the whole beltway, airlift it up, fly it down to venezuela and drop it off
He isn't running in the next election cycle because his state {Ohio} party chair told him they wanted to run another candidate. When your own state tells you it's over, it's over. Now we need Kentucky to do the same with with Mitch "the dick sucking bitch" McConnell.
Bye Bye,..cry baby.
Boehner is known for listening to the conservatives, the chance you get someone more antistatist than him is small. big win for obama and the debt brother ceiling. dows up 200. (this must have leaked yesterday, how did the fed know?)
Huh? What ARE you talking about? Are you from another dimension or a parallel Earth, is that your problem?
the consensus in the GOP still holds sway in these things, they want to win the presidency and having congress run around shutting down the government and planned parenthood is just bad marketing. i dont know who the next guy is going to be, and sure there will be a fight for control, and at the end of the day cooler heads will prevail, no government shutdown. i havent seen the polls on planet earth but donald trump is probably right up there with the leader. now they want to cement his image as a presidential guy not some guy fawkes jr. thats how its done.
Geez.
This ain't a case of bad marketing.
The freakin barbarians are at the gates and the dims are recruiting hundreds of thousands more as I write.
A great American knew people like you.
To argue with a man who has renounced the use and authority of reason, and whose philosophy consists in
holding humanity in contempt, is like administering medicine to the dead, or endeavoring to convert an atheist by scripture.
Thomas Paine, The American Crisis
is there some sort of anti-hysteria medication?
The progressive force is strong with this one.........
Grimaldus
8 junks but, while perhaps overstated, you are not, in fact, entirely wrong.
I once called Boner's congressional office and asked "Why is he orange?"
The aide-de-camp instantly replied "It's a genetic thing!"
Buh-bye to a world-class whorin' piece of shit.
good riddance
Not much of a sacrifice.
More to come?
The conservative coup cause is bullshit.
The banking cartel ordered it perhaps.
Yellen almost had a stroke yesterday.
How about the other 534 traitors, buffoons and jackasses?
Line them up and hang all of them. The time for talking is done. Hang them.
wait.
Representative Meadows was bringing a vacate the chair vote. I say give him one more chance.
".....the GOP just suffered its latest major blow..."
Are they joking or just idiots? This guy is a piece of shit RINO. Goodbye.
i think theyre trying to lay the groundwork for taking both branches, executive and house at least. boehner has always given the tea party a voice, (they have their own really) but now if they want to hold this much power as they did in 2000, both branches they need to act like respectable citizens. boehner was definitely expendable. he was the speaker when the house balked at bushes (bipartisan) immigration bill. in terms of party politics trump will probably give them that, in exchange for his more moderate views on some other things like planned parenthood. oohhh the deals are being made.
They forgot the e in GOPe.
Resigning as Speaker of the House and giving up his seat? Unheard of.
Sounds like someone has the goods on him and "persuaded" him to leave.
Resigning his seat as well? OMG.
So why even announce it, just strip naked on the House floor and walk away.
Why the end of October. Get the fuck out now you cockroach. Get lost dumbass. The sooner you leave the better. The sooner we hang your treasonous ass the better you scum.
So they can ram through another year of spending and then say, "well, now it's going to be different now that he's gone." Pass a short term CR next year and BAM they get through the election without having to be exposed for the big government spenders that they are.
Timed for Halloween just like MF Global.
Conservative is a meaningless term designed to grab up your existing feelings and package them for sale. When William F. Buckley spearheaded the propaganda campaign in the 1950's to destroy the Old Right, the modern Conservative was born. Statist, bureaucracy worshipping, and warmongering replaced individualist, non-interventionist, and decent moral human being.
It was a coup for the Deep State that subverted people into half of their Left-Right divide and conquer scheme. The other half was created in the 1960's when the revolutionary impulse, the Left, was subverted by a feckless hippie "movement". The Oligarchs love "movements", because they create and control them. What they don't want is a bunch of people who think for themselves and follow the money trail back to them.
Good post. I pegged the demise of the traditional democrat on Lyndon B. Johnson. He's the one that really put us on the path to socialism with the "Great Society". Now, most "Democrats" have moved to extreme left Marxism, and the Republicans are left of center. Anyone that's center or right of center is labeled "an extremist". Most voters have apparently failed to notice.
It all depends on what one's perception of 'center' is, yes?
LBJ? No, no, no. Goes back allot farther than that. I'd say Wilson. All Johnson was, was the second coming of FDR. So it goes back AT LEAST that far.
https://thinkpatriot.wordpress.com/2015/09/21/germanys-jewish-problem/
If we do not stop the Israeli-neocon propaganda about "America's Muslim Problem", a bunch of us in the political opposition are going to end up in the camps. More German Germans were put in camps than any other kind, and far more German Germans ended up dead than German Jews.
Fucking nazi kooks.
Everything under the sun has to be twisted around into a ludicrous crusade against the Jews.
You guys are EVERY BIT AS BAD as Global Warmists. Only one topic is apparently worthy of consideration, the one that you want to talk about, and EVERY SINGLE CONVERSATION EVERYWHERE has to be turned into an opportunity for involuntary re-education of the masses.
Go Packers.
Aha! Do you know how many goyim have lost their jobs at Lambeau Field since the Jews moved to Wisconsin?
http://www.talkreason.org/articles/sources.pdf
http://www.bintjbeil.com/E/occupation/shahak.html
I love it when your Jewish Supremacism comes out.
Tell us how Jews are just smarter than everyone, and that explains all their success and all their past oppression, and how they never did nothin' to nobody.
Explain to us how Jews being wildly over-represented in media, finance, banking, and amongst millionaires and in terms of private donations to BOTH parties is NOT a legitimate issue of concern for the mere 'goyim'
Here's the thing - organized Jewry has absolutely been a major part in demonizing Muslims and every 'enemy' of Israel.
Hezbollah is a terror group?
Then we need a new fucking word for what Israel and its global network of sayanim is.
In short - go fuck yourself.
Jews have too much power over the rest of us. It has to and will change. People like you make that change less and less likely to be gradual and peaceful.
"WE'RE BROKE!"eom
Looks like their is an undercurrent working behind the scenes.
If you don't connect this resignation with Yellen's re-programming, you're an idiot.
"Speaker John A. Boehner will resign from Congress and give up his House seat at the end of October"
"...with a position as a high-paid lobbyist lined up." - is probably how that line is completed.
double entry
I don't see where the lack of a boner in congress is going to change anything. The next dick that takes it's postion is just going to be another prick.
So long, John. Go home and smoke the rest of your cigarettes.
not a fan of Boener who folded WAY too many times to the democrats agenda instead of sticking with the angenda of his own fucking party, but he has an infinite amonut of credibilty than Hillary who continues to run for president even tho she commited crimes against the country that will bar he from public office (and hopefully imprison her)
Must be running off to Tahiti with Karl Rove. Good riddance to both. Don't let the door hit ya where God split ya.
I guess the Pope helped him in his decision... "John...it is time to leave this house of thieves.."
I don't think Goldman was surprised by the surprise announcement.
I find it disconcerting, and hard to believe Boehner is resigning just after a visit from the jesuit pope. A guy like him, smart and sleezy doesn't just get up and leave. Something bad must be going to happen for him to exit ship in such a ASAP manner. I have a feeling next week, if not October, is going to be a world changer.
Yes, leave or get the Harry Reid treatment.
Unless Mark Zuckerberg changes it, like he did with Facebook, there will be no "World Changing" next week.
Oculist is cool but the bugs haven't been totally worked out for the vertigo it causes.
Boehner should have left the position when there were thousands of sicko maniacs entering the run for the Rose garden.
His departure is lon overdue.
It ought to be perfectly clear by now that the U.S. is impossible to govern butt for the top 10%. The 90% are too caught up in surviving to attempt a coup, and they couldn't get organized well enough anyway.
The slide of the middle classes will relentlessly continue, and the chirren of today, and tomorrow, will find it much tougher to survive in let alone thrive.
This train left the station in 1980 and like Charlie, on the MTA, will never return.
https://www.youtube.com/watch?v=qNUxTFoy6vo
Yes - the Jesuit Space Lizards' leader demanded he leave and had to do it in person.
And its Jesuits that run the banks, the media, contribute 50% of donations to both parties, have been disproportionately appointed to Treasury, the Fed, and other federal agencies and departments, and the International Jesuit lobby is renowned for making sure no one may criticize the Catholic Church or face prison.
Sigh.
He was told to step down by TPTB - as he was ineffective as a puppet mouthpiece for the evil elites. He will be replaced by someone worse -someone perceived to be a more effective spokesman to fool the American sheeple.
Paul Ryan is a good psychopath selection.
RINO RYAN is same as Boner, just younger and less tan. Fuck him
They don't want change.
There will be room at the table for Boehner in the Obama adminsistration. Another possibility is Debbie from Dallas Wasserman Shults is taking heat as Dem party chair. This would be a perfect fit for Boehner as well?
Speaker of the House does not need to be a member of Congress.
https://en.wikipedia.org/wiki/Speaker_of_the_United_States_House_of_Representatives
Tyler, are you available?
I can see Glenn Beck interviewing Boehner. As that show progresses it turns into a cry-a-thon. Public crying, what a nauseating disgrace.
It's interesting the resignation happened within 24 hours of the papal visit. There's more to that and, it's likely, we'll never know. But we can guess.
Exorcism.
Keyser Söze for Speaker
Maybe Boehner can't get a boner and that's why he cries all the time. Either way take your sorry ass back to Ohio you gutless POS. Maybe now you'll get to go play golf with bathhouse Barry without all the partisanship.
Good riddance to bad rubbish. About 7 years too late.
statism wins, dow up 185, doom and gloomers can drink their kool aid now
If you are over 30 years of age and you have been relying on this guy Boehner or any other adult to lead you to your promised land, YOU ARE A FAILURE.
Whatch out. Pope's talking to the UN. Get ready for a global dump.
the pope talked to boehner right before his announcement, what do you suppose is going on?
I am long Agenda 21 Pope hats.
It's Agenda 2030 now.
There is never anything divine about our govt lol
Great news.
Now let's try this clown for aiding and abetting a terrorist aider and abetter (Obama), convict, and hang him.
Add shutdown or default to the racist anti-Hispanic rants of The Donald™ and Hillary can start writing her inauguration speech.
The lunatics have taken over the asylum! Thank you, Jesus!
Jim Webb
See u later you fake piece of shit.
You have a low opinion of grownups.
It's a start, but it's time to get all members of True Israel-attacking Gog (false-Jew Khazar cult impaling Christ-killer Zionists) and their partners of Babylon (the Roman Anti-Christ we came here in covenant with God to escape) out of our government and Holy Nation - God's actual "Promised Land" (Read Isaiah).
I've read Isaiah - it is batshit crazy horseshit.
People like you are part of the problem, pal, with your absurd paranoid theories coming from a book written by pre-scientific xenophobes who wanted to keep control of the best trade routes.
Try reading the Gospel of Mark.
dick.
Good riddance. Traitorous RINO bastard who sold out his country's people time and again. Unfortunately his replacement will probably be even worse.
Like it fucking matters. Pelosi was just as bad.
Go long Kleenex!
http://www.mysavings.com/img/link/large/5246.jpg
He has the face of an alcoholic.
Spoken like an expert
They're all a bunch of reprobates.
Fuck you Boehner you piece of shit. Good ridance! Cry baby, do nothing, Obama boot licker.
A good distraction for Yellen's bad performance yesterday.
You're being manipulated.
I am praying to the Old Gods...
please - give Netanyahu even *some* of the Justice he has earned.
The rise of Trump and Trumps' relentless attack on the "do nothing", lying, corrupt Politicians has caused Boehner to resign...Make no mistake the Voters are coming..Whether Trump makes it to the end or not...
They've decided that Jeb Bush actually CAN'T win without the base they have been trying to abandon, so they invented this fiction of a "conservative coup" to recapture it.
The rat's are leaving the sinking ship
Hallelujah
the next cunt might be substantially worse.
Sarah Palin is running?
Why wait?
Shutdown
Just when I start losing faith, a sign from above no doubt.
The POTUS just said in his news conference, and I quote, "We will respect the interest of American Companies, Citizens, and Interests" - end quote.
So companies come before people... Or, would some left twisted mind state that there is no implied order to the statement...
The left mind is so withering. It took me many years to grasp this.
I see you're getting the hang of this now...
Or are we truly all filled with just "hate"?
Standard Disclaimer: There are days my brain is like a sponge, absorbing every comment people write... Curse you ZH for activating those dormant neuron paths.
Bring in Dave Brat who unseated zioCantor.
Hell the dems did it, they made the Faux Squaw a leader in no time.
Brat is anti Wall Street and even though he says he is a "free market guy" he voted against the Obama trade bill.
He said early on "I am a free trade guy which is why I am against the farm bill, because I want everyone treated the same, the small guy as well as huge corporations"
Next up for the GOP: a torchlight parade of ass-fucks singing White Power Uber Alles!
Were you angry when Cantor got his ass whipped?
No, I love seeing teahadists eat their own.
My GF thinks Boehner may have Parkinson's
good riddance, crybaby mother jumper!
Oh boy he's resigning? This ought to be good. Bring on the Boehner puns