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Good Riddance To Johnny Lawnchair: The Fastest Fold On The Potomac
Submitted by David Stockman via Contra Corner blog,
There are few political hacks in Washington more deserving of everlasting ignominy than retiring speaker John Boehner. So here’s a vehement good riddance to the man who has single-handedly destroyed whatever pathetic semblance of fiscal responsibility that remained in Washington.
The so-called bipartisan budget deal he confected as a parting gesture doesn’t even deserve to be called a farce. It’s actually just an extension of Washington’s pathological lying to the American public about the monumental fiscal calamity now brewing.
The chart below shows the patented formula—– employed for the second time since the sequester mechanism was put in place during the debt ceiling crisis of 2011.
It will increase spending by $85 billion in the here and now by busting the FY 2016 and 2017 caps. This new red ink will then, purportedly, be off-set way down the road with gimmicks, imaginary IRS audit revenues and hazy disability benefit reforms which will never materialize. Never.
Indeed, these people are beyond shame. The big bulge of $33 billion of savings shown for the never never land of 2025 is due to a sharp increase in assumed discretionary spending cuts and Medicare benefit reductions. That is, the very same programs that are being pumped up during the next three years!

And that’s the same thing the Ryan-Murray budget did two years ago with respect to FY2014-15. In combination these 11th hour bipartisan shams have thus added $143 billion of real money to the national debt for the years before 2021, “paying” for them with imaginary savings to be realized after 2021. That is, until we get there—– at which time anything which bites into the gravy train will be predictably deferred.
So in a nutshell here’s Johnny Lawnchair’s odorous record of fiscal betrayal since 2011. First he broke the will of fiscal conservatives just when they had Washington over the debt ceiling barrel in August 2011 with the promise of $1.5 trillion of entitlement savings via the Super Committee.
The latter didn’t even try and hardly even met——–defaulting instead to an allegedly equivalent savings from the automatic sequester mechanism. But when those caps started to bite in 2013, Boehner sent out his budget lapdog, pedigreed fiscal phony and now designated successor, Paul Ryan, to negotiate relief for the military-industrial complex and to insure plentiful pork for GOP candidates in the 2014 election.
Apparently there is another election coming up in 2016. So, predictably, Boehner folded so fast on the looming debt ceiling crisis that the mainstream media barely knew he had gone to the White House.
Yet on a lickety split basis Johnny Lawnchair not only jettisoned two more years of the sequester, but also blew any other inconvenient fiscal restraint lurking between now and 2017. That includes a perfectly reasonable and long scheduled increase in Medicare Part B premiums for the better off elderly and the impending action-forcing exhaustion of funding for the runaway social security disability program.
In the best kick-the-can style, however, the latter will be funded by raiding $150 billion from the retirement trust fund, while pretending that Washington bureaucrats at the Social Security Administration will write new rules to prevent abuse of a program that is totally out of control.
Really? The program’s budget cost has tripled in real terms just since 1990, mainly due to an explosion of “back pain” and “mental illness” cases. Those dubious diagnoses now account for fully 55% of recipients compared to less than 15% in 1961.
So here is an entitlement crying out for sweeping statutory reform and faced with a complete cessation of benefits before the 2016 election due to the impending exhaustion of the DI trust fund. But what’s the point of exercising that kind of rare fiscal leverage when you have Johnny Lawnchair doing the negotiating?
In any event, sooner or later workers will get socked with another round of payroll tax increases to bailout the entirety of the OASDI trust fund, which I demonstrated a few months ago will be totally exhausted by 2026 anyway. But in the interim the military-industrial complex is surely tickled pink by Boehner’s parting betrayal of US taxpayers.
It turns out that discretionary spending authority will be increased by $112 billion over the next two years. This includes the $80 billion increase in the discretionary spending caps plus another $32 billion increase for war contingencies and other national security programs not subject to the sequester.
Not surprisingly, $72 billion or nearly two-thirds of that goes to the war contingency and state department security programs. Apparently that’s all needed to contain the Russian bugaboo, especially now that Putin has shown how you actually fight terrorists in Syria, and not by spending $500 million on 50 trainees—-all of whom were captured, shot or deserted within weeks of being placed in the field.
But the military-industrial complex always needs more. With this further largesse, total US national security spending will touch nearly $800 billion next year, including military and foreign aid, veterans and related spending. That’s two-thirds of Russia’s entire current GDP of $1.2 trillion!
Of course, we don’t have a real industrial state enemy in the world that could actually threaten the security and safety of citizens in Lincoln NE and Boston MA. But that has not stopped Johnny Lawnchair from folding on the fiscal issue time after time in order to make a deal with liberal big spenders to get more funding for the military-industrial complex.
Can you say post-retirement lobbying, consulting and speaking gigs? Don’t bother. Boehner has been working on that for years.
At the end of the day, however, the Speaker’s most egregious sin has been to run out the clock on the possibility of fiscal retrenchment. With this agreement, there is no possibility of a true budget deal until the summer of 2017. That means no real impact on the budget numbers until FY 2020—-since its takes several quarters to crank-up any meaningful revenue measure or entitlement reform.
So lets see. That point in time (October 2019) would be exactly 123 months since the so-called Great Recession ended. Have we ever had an economic expansion that long—-even during the years when the American economy was riding high and when the Fed had not yet exhausted its ability to goose credit and spending with easy money?
No we haven’t. Johnny Lawnchair has compromised the nation’s fiscal plight right into the next recession and the renewed outbreak of trillion dollar annual deficits. That is, to a point when Washington will once again be paralyzed with fear that actually paying our bills would drive the stumbling US economy further into the drink.
And what possible excuse did Johnny Lawnchair have for delivering the nation into this absolutely certain fiscal catastrophe?
He didn’t wish to demand that the President employ his constitutional powers to allocate and prioritize spending in the event Uncle Sam had exhausted his legal authority to borrow.
Folks, a crisis driven resort to prioritized spending cutbacks is the only mechanism left to prevent a rapidly aging society and failing economy from drifting into fiscal calamity; and during the Obama era it was always in the power of the House Speaker to force that procedure.
That’s why Johnny Lawnchair deserves everlasting infamy—–or at least until Paul Ryan comes up with new excuses for burying future generations in terminal debt.
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Adios, Boehner.
Will going to miss Weeping Cheetoh moniker.
His book “Courage To Cry” is coming soon. ;-)
Looney
C'mon guys-- lets give credit where credit is due. Boehner is a centrist Democrat leading the Republican party in the House. That's tricky to pull off and he did it for years before anyone could do anything about it.
Luckily, Boehner is going to "retire" to a multi-million-dollar job, either on K Street or in a "regulated" industry. So don't cry for the Weeping Cheetoh, the Weeping Cheetoh cries for YOU! SUCKAH!
This fucked up budget is Boehner's last gift to us (and by 'us', I mean not you- just the very high end of the wealth spectrum).
How is the Fed going to launch QE4 to support asset prices in the next few months without hundreds of billions of new government debt to monetize? That's the problem with Japan and Europe- they're not creating enough debt for their CBs to monetize so their QE is less effective. Just ask Nobel price-winning economist Paul Krugman- he'll tell you all about how this shit works.
I wouldn't trust Krugman with an EZ bake oven recipe...
Traitor Boehner. I hate that fucker.
Hate doesn't come close to how I feel about that shitbag.
At least Reid and Pelosi are open about being Marxist parasites.
Actually I appreciate Boner and the damage he's done to the illusion of the false Left/Right paradigm.
I've talked to several people who have woken up due to the proliferation of politicians like him.
Maybe Ryan can take it a step farther and be the first to adorn a Pennsylvania ave lamppost.
~"I wouldn't trust Krugman with an EZ bake oven recipe..."~
"That's harsh, cupcake. Even if it is true."
If all the cock that has gone into Johnnie " Orange Sherbert - Orange on the outside, White in the inside ! " Boner - all came out of him at once, he would look like a pecker porcupine.
Don't worry, I got a feeling he ain't done fucking your kids.
"There are few political hacks in Washington more deserving of everlasting ignominy than retiring speaker John Boehner"
Don't worry David, now you have a younger more energetic full blown RINO/ GLOBALIST to fill the shoes of the recent house crybaby.
Methinks things will get allot worse now
For cryin' out loud. The man just wants to relax under a weepin' willow tree.
No, a kiddy pool full of single malt scotch is probably more his speed.
I don't think i've ever seen this guy without tears in his eyes. What a fucking baby. How did he ever get his positions if he's this emotionally unstable?
Nah, he wants to relax under a bar table.
Dream on if you think his replacement will be one tiny bit better.
Rush: Republican leadership prefers Hillary over Cruz!http://tinyurl.com/p78pxw8
congress doesnt know shyt about sqwat..evidenced by..
Congress Planning To Sell 8% Of Oil Reserve After Massive Oil DropCome on, everyone knows you buy high and sell low. Get with the picture man.
F*ck Stockman. Boehner was one of the last grown-ups in the Republican Party. He comes from that older generation who remebers that compromise is the nature of a functioning political system.
Compromise does not mean you give the "other side" everything they want.
Here's how it used to work: Both side propose a dumb idea. With plenty of money sloshing around the joint, the compromise is that they do BOTH stupid things.
Here's how it works now: Both sides propose a dumb idea. With things so far gone it doesn't matter any more, they pick the stupidest of the two and both sides take credit for it while feigning opposition to all or part of it.
Lol..., I'm keeping this.
then why did Obama surrender to Cuba and Iran
No, he meant "compromise" as in getting frickin' wealthy betraying everybody for your pals. It pays better.
FORWARD BRIBED UP RINOS!
When you speak, you seem delusional.
Seem?
F* his promises for compromise. He once again broke HIS promise of 72 hours before any bill.
http://cnsnews.com/blog/terence-p-jeffrey/boehner-broke-pledge-give-amer...
I pray for painful scrotum and/or butthole cancer for all these sociopaths.
Better yet, and more likely, scrotum cancer and a painful butthole.
Either will do.
Boehner - just another post-modern man who takes A, not-A and tries to synthesize a mush that makes everyone "happy". Hegelian BS.
yomutti - tell us about all your deeply held beliefs that you have compromised away in the name of political function.
"Political function", is that code for cash stuffed envelope?
FORWARD SOVIET!
YAY FOR YOU TROLLING AFTER ONLY 5 WEEKS!
He's got one up-vote as I write this and I'll bet you $20 he gave it to himself.
HAHAHAHAHAHAHAHAHAHAHA. When has the Democratic party ever compromised? They just keep making demands, and the Republicans slowly compromise a point here, a point there until the Democrats get everything they wanted in the first place. However, that was years ago, before our current, one party system.
"F*ck Stockman. Boehner was one of the last grown-ups in the Republican Party. He comes from that older generation who remebers that compromise is the nature of a functioning political system."
I'm usually pretty good at getting a hint of sarcasm, but something tells me that you're serious. For the record, we're talking about Boehner... The womaning, lying, morally empty, narcissistic, alcoholic who has burned out every tanning bed bulb within a 100 radius of DC is considered a grown up in your world?!? WTF the planet are you from?
Yngnuh,Yhgnuh,Yngnuh!
mutti - you stoopid fuck. There is no compromise when the deficit is $ 18 T and the Fed is printing $ 1 T / month. Just read and try to comprehend.... unless you are German.
MDB, is that you?
Yomutti wants everyone to spend a half hour doing some research into the origins of ISIS: http://bfy.tw/2VnO
Behold, The Lie that enables The Inflation Tax!
God bless good 'ol Ross Perot, who warned everybody what was coming nearly a quarter century ago when the debt was a measly $ 4 Trillion .
I think it was only a little under $3 Trillion in 1992, but hey a trillion here a trillion there pretty soon your talking about real money.
Voted for him.
Beat up Boner all you want, he deserves it, but he didn't commit this treachery alone. He couldn't do everything he's done without a complicit treasonous CONgress.
Wow, Stockman's sarcasm has improved drastically since Tyler started posting his articles...Johnny Lawnchair, LMAO!
A weeping grownup. Drunken, shyster, hack...Buh Bye Boner.
Oh he ain't gone. He will become a fuckface lobbyist now.
Nice, huh?
No one ever talks about cutting Government. Their "cuts" are all a decrease in the RATE of increase.
Government = all bullshit, all the time.
Bonner may be going but his twin is stepping in. Ryan is another RINO, Obozo ball licker.
Whatever Obozo wants Obozo gets and these assholes rubber stamp it all.
Now they(the RINO's) will pave the way for the Cackling Cunt to take over the dictatorship!
and now we're going to get Eddie Munster (Ryan) to replace him. God help us.
https://upload.wikimedia.org/wikipedia/en/5/5b/Eddie_Munster.JPG
With that plastic DEVO hair.
435 - 1 snake oil salesmen under a dome with a new one "born" to replace "it"!
Now that he's retiring, is he finally gonna come clean about the year round bronze tan?
Inquiring minds want to know.
Negative interest rates, political populism, warmongering and sabre-rattling, stock market volatility, deteriorating global economic fundamentals, heads rolling in high places, waves of protest, increasingly desperate central bank market speak...
The financial system is doomed. People who think the Fed can forestall the day of reckoning forever are kidding themselves.
This alcoholic puke has obviously been on-the-take all along.....
I remember little Johnnie running for congress to put an end to outside money controlling the government. A month later there's Johnnie handing out tobacco checks in the house!
The author obviously didn't grow up in Ohio, the breadbasket of America, source of 8 presidents...Supreme Tafts...blah,blah,blah. Don't pop that bubble or you get shot. Don't even look like you are going to pop that bubble....
I would love to see him hanging from a lamppost over the river with maggots chewing on his orange flesh
Ewwwwww......
Agreed
Why does this surprise anyone about Republicans? They've always been like this, they just took the mantle of old school right wing to trick people.
No amount of totalitarianism from Republicans should surprise anyone after 9/11.
"No amount of totalitarianism from Republicans should surprise anyone after 9/11."
Both sides voted for the Patriot Act.
Both sides voted for NDAA.
What's your point?
Poastertoaster: "What's your point?"
Good cop / bad cop, both play for the same team owners.
http://www.liveleak.com/view?i=c3b_1446031907
If the administration starts a war or there is another false flag, assassinate your congressman.
They have removed all possibly-effective ways of resisting our ever-spending, ever-more powerful government. NSA apparently owns everything, no court decision or law has curtailed its illegal spying in any way, however minor.
It is no longer a government controlled by citizens, it is an oligopoly, your congressman reports to the rich, not you.
"There are few political hacks in Washington more deserving of everlasting ignominy than retiring speaker John Boehner. "
What a beautiful, delicious, and perfect opening salvo, Mr. Stockman.
And it is an assertion all the more pleasing, as it is absolutely true.
http://www.theonion.com/article/john-boehner-paul-ryan-i-was-once-young-...
I wish we could give him a proper send off, via trebuchet.
and in a brandy flambe.
Methinks he might already be sweating brandy, so all we'd need is an ignition source. Kinda like if they wanted an eternal flame at Ted Kennedy's grave. Between the alcohol and the blubber, he'd yield a flame for a couple hundred years.
Punkin colored chunkin.
No more Obozojobs from the first ass hole
I hate this Orange prune more than Obama.
Folds more frequently than a dry cleaner
I try and imagine what they have in the blackmail file on this fucking alcoholic. And my mind just doesn't go that far down into that deviant behavior.
I wonder if David Stockman is willing to cut himself off of the Fed's QE welfare? Alright David, we're all for fiscal responsibility. Now, let's push for the end of QE and the return of normal valuations of your home and stock values. Lets do that first and then discuss austerity for the poorer parts of the US.
Wonder how long it's going to take for Boehner to get the taste of Obama's balls out of his mouth? Lying Ryan will assume the prone position to be teabagged by Obama shortly.
Retired fire fighter captain in my moms gated comunity lives in one of the largest houses in the complex. It's a friggin mansion! His SS checks are piled up on the kitchen table, says he hasnt had time to cash them. Why are we paying retired .gov workers SS checks when they live in mansions?
Yeah, it used to be that government workers had shit for pay, but the benefits sort of evened it out with the private sector. Now, the government workers typically have salaries that exceed their private industry peers, and even better benefits now. They can also revel in the fact that we'll see the four horsemen trotting about before any of these shitbags ever see a pink slip.
I hope he gets a second job to pay for the debt he has wrung up. Cus I certainly don't plan on paying for his largesse. You can't pin that $170K bill on me, Asshole.
And replaced by who? Hmmm
Johnny's only problem was he didn't smoke enough packs of cigarettes over the years. We might have had a merciful health incident shorten the shitshow up.
You know...your comment made just realize something. Boehner isn't tan. He's just covered in a giant liver spot.
I suspect much like his Republican predecessor Hastert, Johnny lawnchair has some deep dark secret in his closet. Something much worse than his obvious penchant for booze. Most likely at the height of the 2011 negotiations over the budget out came the trump card and Johnny rolled like a Cuban cigar. All negotiations since have been a silly side show where he pretends to be for fiscal sanity while he keeps extending the credit limit and increases near term spending.
He is just a sad, sad man.
Back when the first government shutdown occurred I recall Boehner surrendered faster than the French did to the Germans in WWII.
Standard Disclaimer: But now that the cheese eating surrender monkey is gone, I'll have to go back to posting on the other Congress Critters Farcebook pages.
Johnny Boehner is so spineless, he was checking out at the supermarket when the clerk asked "Paper or Plastic?". He dropped his pants, bent over and said "Have it your way"
He would look good in a noose. If he swings long enough, I betcha it would rub the tan off around that neckline.
That's a foreskin
"So here’s a vehement good riddance to the man who has single-handedly destroyed whatever pathetic semblance of fiscal responsibility that remained in Washington."
There wasn't any to begin with. It is all a political game.
Republicans in power- deficits don't matter. When democrats are in power, republicans pretend deficits matter.
They Breed faster than you can get rid of them...
Was Dennis Hastert's plea deal a shot across Boehner's bow? A coincidense that the two things happened at the same time?
Boehner most probably diddled some children in his time to get where he is.
Where did Mitch McConnell's boner go???
You're next McConnell you fucking asshole!!!
I'm most pissed that these Congressional idiots have their own Cadillac health care and retirement program that's over the top generous. All paid for by US taxpayers
Obviously you all haven't met the new guy.
We should not be so harsh on Johnny for doing something that comes natural to this species. Its clearly not remorse because he kept on doing it every opportunity that presented itself. Only one other beast in the animal kingdom does this: Crocodilia
Lets make this a teachable moment.
To weep crocodile tears is to put on an insincere show of sorrow.
Origin
Crocodile tearsThe allusion is to the ancient notion that crocodiles weep while devouring their prey. Crocodiles do indeed have lachrymal glands and produce tears to lubricate the eyes as humans do. They don't cry with emotion though. Whatever experience they have when devouring prey we can be certain it isn't remorse.
There are reports of references in French that date the belief back to 1230, although I've not been able to confirm those.
The myth appeared in print in The Voyage and Travail of Sir John Maundeville, circa 1400:
"In that contre ... ben gret plentee of Cokadrilles ... Theise Serpentes slen men, and thei eten hem wepynge."
(In that country - there are many crocodiles - These serpents slay men, and then, weeping, eat them)
Crocodile tearsAll of the very early citations refer directly to the myth of crocodiles weeping. It isn't until the 16th century that we find 'crocodile tears' used with our current meaning. Edmund Grindal, Archbishop of York and of Canterbury was the first to use the phrase with the implication of insincerity, in 1563, (re-published in Strype's Life of Grindal, 1711):
"I begin to fear, lest his humility ... be a counterfeit humility, and his tears crocodile tears."
Boehner's legacy will be to eliminate the word 'RINO' from the lexicon. He makes that word irrelevant, as he IS the face and standard-bearer of everything the mainstream Republicans stand for.
Until the creation of money is restored to the people, where it rightly and legally belongs, we will be forced to suffer with the burden of increased debts and deficits until the fucking cows come home and the chickens come home to roost.
Boner is a Fucking Tard. Ohio; should be Ashamed of yourselves. Nuff said.
Perhaps the Tea Party and Oathkeepers will save us?
I'm sure Paul Ryan will do a much better job. [Sarc.]
Good riddance. Good riddance to Ryan ASAP. Remember this guy was second fiddle to Romney. Embarassing. Someone please wrap the GOPe carcass in newspaper and throw it in the Potomac. If Trump doesn't get the nod. Hillary dumps Bill and rug munches her way to the Ovum orifice. She will win with 15% of the vote. That's about the number of hard core marxists out there who are just wild about Bernie right now. We are so screwed. I recommend some H.L. Mencken quotes.