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Boehner Retorts To Obama, Presents Republican Position On Jobs Plan

Tyler Durden's picture


By now we have repeatedly seen and heard Obama's vision of the American Jobs Plan, which as has been discussed previously is dead on arrival, specifically due to Republican opposition. As to what the republican oppose specifically, watch below as Boehner gives the first public appearance presenting the republican talking points on the AJA.

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And here are the prepared remarks from Boehner's website:

In an address to the Economic Club of Washington today, House Speaker John Boehner (R-OH) will call for bipartisan action to “Liberate America’s Economy” from the shackles of excessive regulation, higher taxes, and out-of-control spending that are stifling private-sector economic growth and job creation.  Here is a preview:

  • President’s Proposal Offers “Opportunities for Common Ground,” But No Substitute for What’s Needed “To Remove Barriers to Job Creation.” “Boehner will say that while the House will consider Obama’s proposals -- some of which offer opportunities for common ground -- they are no substitute for the pro-growth policies needed to remove barriers to job creation in America. He will discuss the GOP’s ‘Plan for America’s Job Creators,’ which is focused on streamlining and reforming the tax code, stopping regulations, and cutting Washington spending.” (NBC News, 9/15/11)
  • Key to Jump Starting Growth is to Get Government Out of the Way.” “Boehner’s policy prescriptions are expected to mirror the Republican Party's long-running position that the key to jump starting growth is to get government out of the way and allow the private sector to do its thing. That means less regulation, lower taxes and big reductions in government spending.” (CNN, 9/15/11)
  • “Tax Increases…Are Not An Option.” “[B]oehner will prod the Joint Select Committee on Deficit Reduction lower the corporate rate and close loopholes — the preferred GOP method for cleaning up the nation’s tax system. Tax increases, Boehner will say, are not an option as they seek to close a gaping $14 trillion budget hole.” (Politico, 9/15/11)
  • No More “‘Short-Term Gimmicks’ That Could Worsen the Environment for Job Creators.” “The Republican plan is focused on streamlining the tax code, stopping ‘harmful regulations’ and cutting federal spending…In a rebuke to some ideas in Democrat Obama’s plan, the speaker, an Ohio Republican, will also say that Congress shouldn’t focus on ‘short-term gimmicks’ that could worsen the environment for job creation.” (Bloomberg, 9/15/11)
  • “Address the Structural Problems” That Put America “In Danger of More Job-Destroying Downgrades.” “The speaker is also expected to explain his belief that the Joint Select Committee on Deficit Reduction ‘should advance fundamental tax reform to support private investment and job creation, and address the structural problems in our entitlement programs that have put our country in danger of more job-destroying downgrades.’” (ABC News, 9/15/11)

In his address, Speaker Boehner will describe a path forward for Congress and the President to work together to seek common ground on proposals to remove barriers to private-sector job growth, such as those the new House majority has already put forward with the Plan for America’s Job CreatorsTune in here on Facebook to watch Speaker Boehner’s address live at 1:00 pm EST, and learn more about the GOP’s plan for jobs at http://Jobs.GOP.Gov.


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Thu, 09/15/2011 - 13:12 | 1673871 voshnishki
voshnishki's picture

Sell out.

Thu, 09/15/2011 - 13:16 | 1673889 Clueless Economist
Clueless Economist's picture

For once, an adult talking sense...get GOVT out of the F&&king way!

Thu, 09/15/2011 - 13:20 | 1673907 SuperRay
SuperRay's picture

you have an accurately named handle.  You think this moron is going to do anything helpful or useful?  He's as clueless as you are..

Thu, 09/15/2011 - 13:23 | 1673927 Melin
Melin's picture


but you're spot on re: Boehner.

Thu, 09/15/2011 - 13:47 | 1674044 whstlblwr
whstlblwr's picture

Get government out of way in financial market too? Problem here not taking cheats to jail. What about danger of Federal Researve monetary policy Boehner? Look today they coordinate save for Europe bank and look what it's doing to dollar and price of gas and food.

Get to work Zero Hedge readers. I'm on facebook and twitter showing this to friends. It's clear as day. Look at price today of gas. It spikes the minute of intervention. You can show them. It's not some slow long process of inflation, it happens in second. The second the Federal Reserve prints money for Europe banks.

Thu, 09/15/2011 - 13:52 | 1674059 Spaceman Spiff
Spaceman Spiff's picture

I really wish we could say Boehner was the adult in the room.   He had his shot at it, but he has absolutely sucked in getting meaningful cuts during the budget and debt debates.  I know Republicans only have one branch of government to bargain with and the cutting the budget stance is politically unpopular, but hell, someone has to take a stance sometime.   


With that being said, he is still better than Pelosi.   What an f'd up country.

Thu, 09/15/2011 - 13:58 | 1674077 whstlblwr
whstlblwr's picture

Quit whining and do something.

Thu, 09/15/2011 - 14:03 | 1674095 Fukushima Sam
Fukushima Sam's picture

It is unfortunate that there is no mention of cutting the costs of wars and other foreign entanglements.

Thu, 09/15/2011 - 14:20 | 1674116 Dr. Richard Head
Dr. Richard Head's picture

That is because the likes of Limbaugh and O'Reilly program their viewers to only look at "on-budget" costs and therefore see Social Security/Medicare as the biggest threat to our country's finances.  "Off-budget" items don't seem to exist in their reality, so no need to mention them or address them.  Class warfare is easier to misdirect the people (I often fall prey to it with the seniors).

Thu, 09/15/2011 - 14:41 | 1674204 topcallingtroll
topcallingtroll's picture

That is understandable.

Seniors would vote for stalin and hitler as long as they promised to burden their grandchildren with debt so they can have their new electric scooter and visiting nurse and physical therapy for that back ache.

Ooh yeah. Just a little bit lower..right there...aahh.

Thu, 09/15/2011 - 18:29 | 1675181 bid the soldier...
bid the soldiers shoot's picture

I don't have grandchildren. Can I burden yours?

Thu, 09/15/2011 - 14:16 | 1674130 wisefool
wisefool's picture

And dont mention the Republican Norquist pledge of "no net tax increases." which means the tax code can never get fixed. The democratic two party quantum entangled particle to Norquist is the populism of elizabeth warren. "You should not have to pay more than $5 to use an ATM, which gives you the ability to withdraw cash, against your bank acount, anywhere in the USA and likely the world.  But if you spend 40+ man hours a year doing your taxes that is a-okay."

  • Ron Paul
  • Herman Cain
  • Huntsman
  • if we cant get one of these, lets go "Full Keynes" and change the constitution so
  • G-Pap from Greece can be our leader.
Thu, 09/15/2011 - 14:45 | 1674212 topcallingtroll
topcallingtroll's picture

The tax code can be fixed without any net increases.

Thu, 09/15/2011 - 15:05 | 1674256 wisefool
wisefool's picture

Not when the rushbo/hannity/boehner crowd thinks that business is done on the golf course, so golf trips are 100% deductable.

the left is just as bad. Notice all the back to school "sales tax holidays" so that if you buy your kids an I-pad for school, we can reduce the burden on over worked 3rd grade math teachers.

Thu, 09/15/2011 - 17:32 | 1674906 RockyRacoon
RockyRacoon's picture

Eliminate the "seminars" and "professional lectures" at ski resorts and golf meccas and you'll see some crashed economies at Vale and other posh locations -- doctors, lawyers, and financiers would have to find another way to write off their deductible vacations.

Thu, 09/15/2011 - 15:08 | 1674263 Vagabond
Vagabond's picture

Don't we have to restructure our currency before any meaningful change takes place anyhow?  How can there be such thing as equilibrium in a debt based currency.  We need increasing amounts of debt in order to sustain the ponzi.  How can we fix this system without fundamental change?

Thu, 09/15/2011 - 16:36 | 1674615 baby_BLYTHE
baby_BLYTHE's picture

not much needs to be legislated either. Simply following the Constitution recognizing only gold and silver as legal tender as intended by the founding fathers as well as enforcing the Coinage Act of 1792- which would see the likes of Volker, Greenspan, Bernanke, Paulson and Geithner executed for crimes of intentional debasement of the dollar- would go a long way to restructing our currency and economy.

Thu, 09/15/2011 - 14:11 | 1674120 Spaceman Spiff
Spaceman Spiff's picture

I do plenty.  


If only people could vote for their party's leadership in Congress directly.  

Thu, 09/15/2011 - 14:01 | 1674089 DirtMerchant
DirtMerchant's picture

its all bullshit, if Boehner or any of the other shills on the hill had any interest in fixing any of this they would be getting behind Ron & Rand Paul and backing them for permanent fixes for this horseshit. Boehner is part of the problem, not the solution.

Thu, 09/15/2011 - 15:23 | 1674316 disabledvet
disabledvet's picture

We're printing money for European banks? COOL!

Thu, 09/15/2011 - 13:39 | 1674006 A.W.E.S.O.M.-O 4000
A.W.E.S.O.M.-O 4000's picture

I think a major component of the Jobs Plan involves selling fake tan spray to Boehner

Thu, 09/15/2011 - 14:07 | 1674108 Fukushima Sam
Fukushima Sam's picture

No, all these "gentlemen" do most of the time is play golf, so they don't need the spray. 

Here Boehner fills in his friend Biden on his golf game:

Thu, 09/15/2011 - 13:27 | 1673948 Shocker
Shocker's picture

I love talk and no action.

Thu, 09/15/2011 - 15:25 | 1674328 disabledvet
disabledvet's picture

As do i! As do i!

Thu, 09/15/2011 - 21:23 | 1675790 NumNutt
NumNutt's picture

Hmmm...interresting, anyone catch his comment at about 46:46 when he said "Life is like a poker game. You have to play the hand that you are delt. It would be great to be delt 5 aces every time but that doesn't always happen." HUH!!! What!?!?! 5 aces? The poker games I attend, you lay down 5 aces you better be ready to be dragged out into the alley out behind of the building and get your ass kicked. What kind of card decks is he using that has 5 aces? Let me think Spades, Clubs, Hearts, Diamonds, am I missing something. I guess that is why I am just a dumb fucking tax payer, I was always playing the game with decks that only had 4 aces! See damn politicians, can't play fair at any game...

Fri, 09/16/2011 - 02:09 | 1676257 StychoKiller
StychoKiller's picture

So, your deck doesn't have the Ace of Printers?

Thu, 09/15/2011 - 13:31 | 1673963 SheepDog-One
SheepDog-One's picture

Get bankers out of the way. None of them are saying that, so theyre all just spewing BS.

Thu, 09/15/2011 - 15:27 | 1674336 disabledvet
disabledvet's picture

You strike me as someone who wants them in the way... so you can run them over. Correct me if i'm correct.

Thu, 09/15/2011 - 13:48 | 1674049 XRAYD
XRAYD's picture

Everyone knows there are THREE kinds of economists - there are those who know how to count, and there are those who don't.

Thu, 09/15/2011 - 14:01 | 1674090 tekhneek
tekhneek's picture

I've got three words for you: not good at math.

Thu, 09/15/2011 - 14:23 | 1674134 The Deleuzian
The Deleuzian's picture

I've never before 'replied' to you tekhneek but you are one of the posters that has been 'greyed' for some time!

Thu, 09/15/2011 - 14:32 | 1674182 tekhneek
tekhneek's picture


Thu, 09/15/2011 - 15:29 | 1674342 disabledvet
disabledvet's picture

Yeah...what the hell does that mean?

Thu, 09/15/2011 - 16:07 | 1674519 Jason_1sandal
Jason_1sandal's picture

Greyed: I believe it means that all your posts are marked for reading....

Thu, 09/15/2011 - 16:38 | 1674636 tekhneek
tekhneek's picture

Ah... well in that case, I'm truly sorry.


Thu, 09/15/2011 - 14:33 | 1674178 Dr. Acula
Dr. Acula's picture

A lot of pseudoeconomists are great at mathematics.

The problem is that there is no means to quantify, compare, or add  the subjective valuations of different individuals. To understand economics, one must understand praxeology. 

Thu, 09/15/2011 - 15:35 | 1674359 Cliff Claven Cheers
Cliff Claven Cheers's picture

I'm not sure what that means Dr. but it sure sounds good.

Thu, 09/15/2011 - 16:32 | 1674612 Variance Doc
Variance Doc's picture

Yes there is.  It's called subjective probability (e.g. Bayesian probability) and utility.  STFU about things you don't understand.

Thu, 09/15/2011 - 17:03 | 1674731 Cliff Claven Cheers
Cliff Claven Cheers's picture

That sounds really good Doc, not sure what it means though. 

Thu, 09/15/2011 - 17:35 | 1674924 RockyRacoon
RockyRacoon's picture

Aha!  An imposter.  I thought so.   The REAL Cliff Claven would never have admitted that.   A little known fact.

Thu, 09/15/2011 - 13:49 | 1674052 Hot Apple Pie
Hot Apple Pie's picture

Absolutely! The sooner we lift eliminate any and all restrictions on Wall Street, the sooner they can create more jobs and save us all! The invisible hand of the market will ensure that we are all provided lube as we're fucked in every orifice.

Thu, 09/15/2011 - 14:57 | 1674238 monkeyshine
monkeyshine's picture

I will take one or the other but not this fake hybrid BS. Don't tell me we have "regulated markets" with an SEC and congress and NASD (which doesn't have our interest at heart) asleep at the wheel, HF computers allowed to trade in ways that would be illegal for 1 or 2 humans to collude in, suspiciously collusive practice by Fund managers, market makers exploiting loopholes for specific advantage, securitization of MBS, selling CDOs to unrelated parties, and so many other countless ailments in the markets. If we want regulated markets, let the civil system reign, let all data flow in real time to all participants, force reporting of all hedge funds in real time, force short and long disclosures in excess of 1%, SEC should encourage civil suits and profit share in settlements and wins in court.


Give us complete laisser faire, and everyone will know that stepping into the vipers nest is going to be poisonous.

I don't want to pretend the markets are fair and safe when they aren't. There are many ways to reform and improve the markets through honest regulations but we won't get that until there is a firewall between the SEC and the markets, make them adversarial, give SEC profit sharing on fines, and forbid SEC employees from ever working on or for WS.

Thu, 09/15/2011 - 15:36 | 1674364 disabledvet
disabledvet's picture

Does that include former Chairmen of the SEC? And are you including media appearances in which these same former Chairmen announce who they work for and follow that up with "damn Skippy!" i mean REAALLLY! On THAT paycheck?

Thu, 09/15/2011 - 13:58 | 1674079 55 men
55 men's picture

Peter Schiff knocks it out of the park in front of the Congressional Job Committee yesterday! You have to watch this!


Here is somebody who speaks some truth!

Thu, 09/15/2011 - 13:13 | 1673872 GFKjunior
GFKjunior's picture

All talk no action

Thu, 09/15/2011 - 13:14 | 1673879 HelluvaEngineer
HelluvaEngineer's picture

Boner = Limp

Thu, 09/15/2011 - 13:29 | 1673955 Dr. Richard Head
Dr. Richard Head's picture

Come on already.  Aren't you so happy about the Republicans winning Weiner's seat?  Almost 100 years with a democrat sitting there and now we have the republicans in there.  They certainly now unerstand the folleys of their past ways.  /sarc

Left, right, left, right, left, right - It doesn't matter as the march is the the end of the cliff......WEEEEEEEEEEEEEEEEEEEEE!!!!!!!!!!!!!!!!!!!!

Thu, 09/15/2011 - 13:31 | 1673968 SheepDog-One
SheepDog-One's picture

2 wings of the same american bird symbol. 

Thu, 09/15/2011 - 13:40 | 1674013 Dr. Richard Head
Dr. Richard Head's picture

damn straight.  oh well.  I had fun when i lived in my ignorant dream world of Fox news and voting straight R.  The good thing about being in a dream state is that the pain is not obvious thus it can be ignored.  Being awake sucks at times.  The inflationary depression/currency crisis should be fun, so at least we have that going for us.

Thu, 09/15/2011 - 15:19 | 1674300 Clark Bent
Clark Bent's picture

Pffffft! Look, there is a huge difference between Republican and Democrat. The Democrats today are not looking out for the little guy, they outright Soros controlled marxist automatons. The ones that don't recognize that are pathetically stupid. Your comment is better aimed at acknowledging that while the republicans run on platforms that promise they will fix things, and institute practices that actually will work, and then, unlike Bush, represent the citizens of the country, they consistently fail to hold up their end. But, through steady pressure they are improving. Third party alternatives are unappealing for many reasons, so we need to move forward where we may. First halt the damned totalitarians and try to deter the rest of the world from attacking the weakened behemoth. The attitude of surrender we can do nothing will net exactly that result. We need to get our asses in gear and make this happen, this is not an unpopular movement. 

Thu, 09/15/2011 - 16:59 | 1674712 Breaker
Breaker's picture

Clark. I agree with you. But I'm so tired of the R platform: "Vote for us. We may suck. But we don't suck as much as the democrats." They are correct. But they still suck.

Thu, 09/15/2011 - 13:42 | 1674020 DirtMerchant
DirtMerchant's picture

feels more like an albatross than an eagle though

Thu, 09/15/2011 - 20:58 | 1675719 bid the soldier...
bid the soldiers shoot's picture

Close your eyes and imagine the day after election day 2012. Now throw up.

Thu, 09/15/2011 - 13:14 | 1673876 CitizenPete
CitizenPete's picture


Thu, 09/15/2011 - 13:23 | 1673916 Construct
Construct's picture

That word describes American politics very well. Circus.

Thu, 09/15/2011 - 13:43 | 1674023 Rodent Freikorps
Rodent Freikorps's picture

Do you know of any government that doesn't resemble clown cars chasing each other around the same ring?

Thu, 09/15/2011 - 13:47 | 1674033 Construct
Construct's picture

Nope. but what we are witnessing in Europe and USA is so over the top absurd at this point that I just cant help but to sit here with my jaw on the floor.

Thu, 09/15/2011 - 13:52 | 1674061 firstdivision
firstdivision's picture

Yes.  Korean/Taiwaniese politics, it resembles the WWE at times. A bit more entertaining to watch as the world burns.

Thu, 09/15/2011 - 13:40 | 1673977 SheepDog-One
SheepDog-One's picture

WWF show gathers steam.

Heres comes Boehner into the ring yelling 'Can you SMELL what Im COOKIN'??

Lame stew, AGAIN?


Thu, 09/15/2011 - 14:14 | 1674021 Construct
Construct's picture

Then Obama comes roaring out of his little rainbow corner were all the trannys, homos, bilderbergs and other filth is cheering 'YOU GO GIRL YOU SUCK THAT BOEHNER'.

Timothy Geithner weather you like him or not pretty much summed it up:

''Geithner: ‘Political Dysfunction’ Fueling Global Woes''

He is pretty much correct. We will not go forward in any way shape or form until this political circus is put to rest. And its not just obama. Look how these republicans are acting. Downright embarrassing. One of them (I wont mention any names) physically attacked Ron Paul who is 75 years old. So pathetic I can barely find words for it.

Thu, 09/15/2011 - 13:14 | 1673878 ZeroPoint
ZeroPoint's picture

Structural problems like NAFTA, CAFTA, and tax code written to favor corporations working offshore?



Thu, 09/15/2011 - 13:29 | 1673957 GFKjunior
GFKjunior's picture

If NAFTA really did export all the jobs to Mexico then why do we have them comming over the border in droves looking for work? Wouldn't they of stayed where all the jobs are?

Thu, 09/15/2011 - 13:32 | 1673971 ZeroPoint
ZeroPoint's picture

China killed Mexico. I could have mentioned MFN status, but that's what happened. It's sad but true. Making things in Mexico is often more expensive than China.

Thu, 09/15/2011 - 13:45 | 1674036 Rodent Freikorps
Rodent Freikorps's picture

No one trusts Mexico not to nationalize everything...again.

Memories of that kind of thing last a long, long time.

Thu, 09/15/2011 - 16:17 | 1674560 Shell Game
Shell Game's picture

++  Smart money never forgets.

Thu, 09/15/2011 - 13:14 | 1673881 Vincent Vega
Vincent Vega's picture

I don't think I have ever used profanity in any of my postings on ZH. However, given all that is going on in the world; I must say...Fuck all of these cocksucking politicians.

Thu, 09/15/2011 - 13:20 | 1673906 DirtMerchant
DirtMerchant's picture

Well said for a first time profaner!

Thu, 09/15/2011 - 13:20 | 1673908 Hearst
Hearst's picture


Thu, 09/15/2011 - 13:24 | 1673934 DaveyJones
DaveyJones's picture

two guys gave you negative cause you we're too complimentary

Thu, 09/15/2011 - 13:34 | 1673982 jerry_theking_lawler
jerry_theking_lawler's picture

coming from another long time profaner...yes, well said. i think you could have used a few more fucks and cocksuckers in the whole sentence structure

"I must fucking say...fuck all of these fucking cocksucking fucking politician cocksuckers..."

again, this is just an example but yours did the job well.

Thu, 09/15/2011 - 14:04 | 1674096 tekhneek
tekhneek's picture

I agree. I would go with: This is fuckin-ri-cock-suckin'-diculous. Fuckin' bitch homo ass fuck shit cock balls whore politicians, fuck'em!!!!!!!!!!!!!!

Thu, 09/15/2011 - 14:29 | 1674171 krispkritter
krispkritter's picture

You channeling Carlin? Goforit.

Thu, 09/15/2011 - 13:52 | 1674064 hunglow
hunglow's picture

Say it next time without thinking. 

I got a Boehner last night!

Thu, 09/15/2011 - 13:18 | 1673894 No One
No One's picture

Can't Jamie and Lloyd just tell us what they want? I am sure Boehner and Obama would gladly fellate them.

Thu, 09/15/2011 - 13:18 | 1673895 Rastadamus
Rastadamus's picture


Thu, 09/15/2011 - 13:18 | 1673896 anynonmous
anynonmous's picture

he looks like leGarde

Thu, 09/15/2011 - 13:19 | 1673899 SeverinSlade
SeverinSlade's picture

Can someone send this Oompa-Loompa back to Willy Wonka's chocolate factory?

The Republocrats are a joke.  We need to pay down the deficit!...But...We certainly can't stop any of these un-Constitutional wars and heaven help you if you try and stop corporate welfare.

Thu, 09/15/2011 - 13:19 | 1673900 the not so migh...
the not so mighty maximiza's picture

Power to the bankers..err I mean people

Thu, 09/15/2011 - 13:22 | 1673904 papaswamp
papaswamp's picture

Yea blah blah sounds nice...but the US has been on an over decade long decline in the labor participation rate. What happened about a decade ago that derailed jobs? 


MFN China

Tech Bubble pop


We have never was the perfect storm of opening uber cheap international labor markets to US companies, a recession and a terrorist attack. The US tried to recover via keynesian theory of debt/risky loan expansion, only to find it doesn't work when exterior economic forces come into play. I suspect keynesian theory might work in a closed system that starts with 0 debt. Unfortunately, we are an open system with $5 Trillion debt that has now almost tripled. 

Really, the solution is to clear the 2 party system, impliment term limits, and make insider trading illegal for members of congress. Then we might actually get plans that work. At this point reset and default are the best options otherwise the shock collapse will be extremely destructive.

Thu, 09/15/2011 - 14:08 | 1674113 pelican
pelican's picture

I wish I could give that a few more up ticks.

Thu, 09/15/2011 - 14:14 | 1674125 Catch-22
Catch-22's picture

Y2K wasn't a hoax... America broke down

Thu, 09/15/2011 - 13:21 | 1673911 baby_BLYTHE
baby_BLYTHE's picture

planned economy

Thu, 09/15/2011 - 13:31 | 1673969 Dr. Richard Head
Dr. Richard Head's picture

planner war and banker profiteering.

There fix it for ya.

Thu, 09/15/2011 - 13:37 | 1673994 Henry Chinaski
Henry Chinaski's picture

Okay.  I'll play.

public property

shared responsibility

green industry

reality TV

graphic novel

Thu, 09/15/2011 - 13:22 | 1673913 RSloane
RSloane's picture

I agree with every point he made but not his follow-up bullshit solutions.

The only difference between Obama and Boner is the color of their eyes.

Thu, 09/15/2011 - 14:04 | 1674097 equity_momo
equity_momo's picture

Not true.
Barry shaves his vagina whereas Boners is all natural. Apparently it looks like he's smuggling one of the Jackson Five circa 1970s in his Victoria Secrets when he strips off for the ole spray tan.

Fucking spineless sell outs the lot of 'em.

Thu, 09/15/2011 - 15:51 | 1674437 Cliff Claven Cheers
Cliff Claven Cheers's picture

That my friend should be nominated for the best quote of the day.

Thu, 09/15/2011 - 13:21 | 1673915 Deadpool
Deadpool's picture

felt compelled to post this even though unrelated:


President Obama will today award the Medal of Honor to Marine Cpl. Dakota Meyer. In attendance will be a handful of soldiers and Marines who, one day in September 2009, were abandoned by their chain of command and relied on their own initiative to dislodge a fierce enemy. Their battle has entered military folklore and resulted not only in today's Medal of Honor but in two Navy Crosses, two investigations for dereliction of duty, three letters of severe reprimand, and a recommendation for a second Medal of Honor.

The setting was the remote Afghan village of Ganjigal, on the Pakistan border, where elders had requested aid in repairing a mosque. Hoping to win hearts and minds, a U.S.-trained Afghan battalion agreed to help. At dawn, about 100 Afghan soldiers and a dozen U.S. Marine advisers entered the valley where Ganjigal is found, picking their way up a narrow, rocky wash toward the stone houses dug into the far end.

It was a setup. Hidden inside the houses and along the wash were 60 jihadists from Pakistan. The ambushers opened fire with machine guns, mortars and rockets. Immediately the foot patrol was pinned down and taking casualties.

Back at the valley's entrance, 21-year-old Cpl. Meyer listened to radio calls for artillery fire that were refused by officers at higher headquarters due to concern for endangering villagers. Cpl. Meyer hopped into the gun turret of a Humvee and persuaded a fellow adviser, Sgt. Juan Rodriguez-Chavez, to drive him straight into the battle.

When the Humvee lurched into the wash, Cpl. Meyer saw the bodies of roughly a dozen Afghan soldiers strewn across the terrain, some dead and others crying. With bullets striking his truck, he leaped out, stuffed five wounded Afghans inside, and then hopped back up behind the machine gun and hammered away as the pulverized vehicle crawled out of the wash.

Enlarge Image


Associated Press

Marine Cpl. Dakota Meyer

Leaving the wounded in the rear, Cpl. Meyer and Sgt. Rodriguez-Chavez swapped Humvees. This time the enemy was waiting in a dry streambed. Rocket-propelled grenades and machine-gun bullets followed Cpl. Meyer as he repeatedly left his armored turret to load the truck with wounded Afghan soldiers. At one point, he shot a tall man with a black beard. When another leapt forward under the barrel of his machine gun, Cpl. Meyer grabbed his M4 rifle and shot him in the head.

"You'll have to kill me," he shouted in the rage of battle (he had expected to be killed, he told me a few days later at his outpost in Afghanistan), "because that's the only way you'll stop me."

When Cpl. Meyer and Sgt. Rodriguez-Chavez again dropped off the wounded in the rear, they bumped into a backup American platoon in armored vehicles. The platoon refused to join them, so they went back in for a third time with no backup, driving into a torrent of automatic-weapons fire so a group of trapped American advisers could escape. Cpl. Meyer watched women and children darting among the houses, carrying ammunition to the jihadists.

Cpl. Meyer, a qualified sniper, was hit in the right elbow but continued to shoot left-handed until the feeling returned to his right hand. Over the radio, he listened to Capt. Will Swenson, an Army adviser who remained in the valley to fight, calling repeatedly for artillery fire, only to be rebuffed by headquarters.

Pulling back out, Cpl. Meyer took count. Four advisers were still missing. So he gathered those still willing to risk death. In addition to Sgt. Rodriguez-Chavez and Capt. Swenson, an Afghan interpreter and Lt. Ademola Fabayo, another adviser, climbed into the truck with Cpl. Meyer. An Army pilot in a tiny Kiowa helicopter, flying 10 feet above the ground, protected the Humvee from the rear. They drove back into the cauldron a fourth time. After seven hours of fighting, Cpl. Meyer found his four missing comrades, dead. At about the same time, the jihadists had collected their casualties and were trekking back into Pakistan.

Over the following months, two investigations resulted in three letters of reprimand for the unit commanders' failure to provide fire support. Bitterness about the battle and its aftermath lingered among the families of the five dead Americans. While Lt. Fabayo and Sgt. Rodriguez-Chavez received the Navy Cross from the Marine Corps, Capt. Swenson quietly resigned from the Army with no recognition for his valor.

Cpl. Meyer protested against that oversight. Last month, Gen. John R. Allen, the new commander in Afghanistan, re-opened the record of that tumultuous day in Ganjigal. Given the four-star general's personal interest, sworn statements attesting to Capt. Swenson's valor were quickly found. Gen. Allen has since forwarded a Medal of Honor recommendation, saying it was the right thing to do despite a lapse of two years.

As for Dakota Meyer, his Medal of Honor citation speaks for itself. Ignoring withering fire, he had carried 12 wounded Afghans to safety and covered the withdrawal of 24 other Americans and Afghans. He had killed at least eight enemy fighters. He would not be refused in battle.

Men do not suddenly acquire unshakable determination to face almost certain death. At the age of four, young Dakota wanted to drive the old tractor on the family farm in Kentucky. His father told him he had to be old enough to turn the hand crank. An hour later, the tractor roared to life—Dakota had repeatedly jumped from the tractor hood onto the crank until it turned over. When he was five, he solemnly assured his grandmother that he would guard her against robbers. A rugged athlete in high school, he also tutored autistic students. He volunteered for Afghanistan as his second combat tour and risked death to rescue Afghans as well as Americans.

Cpl. Meyer set the example, but he could not have succeeded alone. Others of like mind joined him. Their shared tenacity wasn't rooted solely in fighting for their fellow squad members. In fact, the core group at the end of the fight didn't know each other that well. Capt. Swenson had only a passing acquaintance with Cpl. Meyer, while Lt. Fabayo and Sgt. Rodriquez-Chavez lived at a different base.

Today's ceremony should be a source of pride for all Americans, because Ganjigal wasn't about one warrior. Inside that village on the Pakistan border, the defining values of America—individual initiative, comradeship, valor and determination to prevail despite any odds—were on display.

Mr. West, a Marine infantryman in Vietnam, reports regularly from the battlefields of Iraq and Afghanistan.

Thu, 09/15/2011 - 13:28 | 1673951 john39
john39's picture

anyone ever bother to question why the medal of honor is an inverted star?:

this the reward for serving the masters...   no thanks.  those guys should not even be there in the first place. 

Thu, 09/15/2011 - 13:38 | 1674001 DirtMerchant
DirtMerchant's picture

The medals are not for serving the master, and agreed they should not be there, but it is not their choice.

The medals are for bravery, courage and heroism under fire which they exhibited and should be recognized for.

Take your argument to the Political and Bankster asshats, not the guys on the ground fighting to stay fact FUCK YOU for even bringing it up !

Thu, 09/15/2011 - 13:43 | 1674024 john39
john39's picture

you always have a choice...  you just may not like the painful consequences of your choice.

Thu, 09/15/2011 - 18:17 | 1675128 Moe Howard
Moe Howard's picture

You chose to be a coward and pussy.

Thu, 09/15/2011 - 14:12 | 1674121 equity_momo
equity_momo's picture

In fact , the medals are instead of blood money. The elite were overjoyed at their national army experiments of ww1 and ww2 ,especially that they could send thousands of young men to their deaths and they didn't even have to pay them , simply promise them medals of honour and some faux gratitude.
Armies throughout history have by and large relied on mercenaries with a price. Cannon fodder has never been so cheap. This too will pass and private armies will once again dominate.

Thu, 09/15/2011 - 18:15 | 1675122 Moe Howard
Moe Howard's picture

Hey all you assholes, Marines and Soldiers don't fight like that for medals, they fight like that for their comrades, something scumbags like you pussies would never understand, being cowards.


The one thing I can't stand about ZH is the enormus amount of pussies who would shit in thier pants at the concept of being in combat.

Fuck off cowards. Don't try to justify your cowardice.

Thu, 09/15/2011 - 15:29 | 1674339 rwe2late
rwe2late's picture

A soldier will fight long and hard for a bit of colored ribbon.

-Napoleon Bonaparte

Thu, 09/15/2011 - 15:50 | 1674426 Tuco Benedicto ...
Tuco Benedicto Pacifico Juan Maria Ramirez's picture
This is "supposed" to be why we are over there: Congress shall make no law respecting an establishment of religion, or prohibiting the free exercise thereof; or abridging the freedom of speech, or of the press; or the right of the people peaceably to assemble, and to petition the Government for a redress of grievances.
Thu, 09/15/2011 - 18:12 | 1675109 Moe Howard
Moe Howard's picture

That Marine is the best of the best. He lives in the next county to me. When he was interviewed by the local paper after the award was announced, he said "I'm no hero, I'm a concrete worker". He also said the heroes are those who are still in Afghanistan.

Like the Army SSG who recently received the MoH, he is a humble man.

Fri, 09/16/2011 - 05:50 | 1676387 Moe Howard
Moe Howard's picture

Found this on another site:

In the ceremony, Obama praised Meyer's humility and work ethic, noting that he would not even take a call from the president during his shift at a construction job because he was working. He's now out of the Marines. So they two arranged to talk over his lunch hour. Obama jokingly kidded him with thanks for taking the call.

Thu, 09/15/2011 - 13:22 | 1673917 DaveyJones
DaveyJones's picture

the economic club

Thu, 09/15/2011 - 13:23 | 1673922 jjsilver
jjsilver's picture

with the exception of a few, they all are guilty of treason, no trial needed to prove this fact!

Thu, 09/15/2011 - 13:29 | 1673953 jmc8888
jmc8888's picture

ROFL, more of the same economics that brought us this mess.

Same as Obama.



When will any of them change the fraudulent nature of the system? If not, everything else is just jerking off.


It isn't about taxes, spending, regulations, none of that fucking matter....if your ship is U.S.S. Titanic and is sinking because of a hole in the side of the ship.  (a fraudulent hole). 

Yes more dipshits who completely miss is all...him, Obama, even Ron Paul...clueless about it all.  It's the MONETARISM.  Keynesian...Austrian..who the fuck cares, it's's FAKE...It's's's LIES.

Boehner is as stupid as Obama who is as stupid as Ron Paul who is as stupid as the rest.


Glass-Steagall and end the monetarism.  Not more of the same style, or switch to another style.  END IT. Monetarism is anti-american. Somebody tell the flag wavers they're ideological traitors in fact.   MONETARISM is anti-american.  ALL OF IT.

Gotta love how Boehner says, all the positions you've taken up that are republican fucktard positions, are 'common ground'.  NO SHIT SHERLOCK.

Not that Obama's idiot positions are any better.  THey're ALL FUCKTARD POSITIONS

Thu, 09/15/2011 - 13:34 | 1673983 Dr. Richard Head
Dr. Richard Head's picture

One party offers deficit spending at the favor of corporations, banks, and the MIC.  The other party does the same.

Fuck anyone else not a part of that party is the motive and keeping their power is another. Let it all burn down.

Thu, 09/15/2011 - 13:30 | 1673958 PicassoInActions
PicassoInActions's picture

For decades they are talking about taxes loop holes... and for another decades they will continue to talk about.

Thu, 09/15/2011 - 13:31 | 1673964 xtop23
xtop23's picture

Im starting to think the only way well keep things from getting any worse is to have opposite political groups ( dems and reps ) controlling opposing bodies in government.

They both are wanting the same things but they dont want to seem to agree whist doing it.

Hence, nothing more will be passed and this political fuckery will be powerless to dig us deeper.

Or we could elect Dr. Paul.

Thu, 09/15/2011 - 13:31 | 1673967 JLee2027
JLee2027's picture

Boehner has two chances to negotiate with Obama - with all the leverage he needed - and blown both of them. He's just part of the problem, not the solution.

Thu, 09/15/2011 - 13:36 | 1673988 SheepDog-One
SheepDog-One's picture

Right! In that part of the WWF skit where Obama broke a bottle over Boehners head, then Boehner threw Obama on that card table....hell everyone could see the card table was already sawn halfway thru!


I want Rey Mysterio to run for clowngress, THEN we'd get a real Smackdown Cage Match!

This show is boring.

Thu, 09/15/2011 - 13:32 | 1673970 dotrodfag1961
dotrodfag1961's picture

I thought the GOP Jobs Plan was to keep millions from working so they can fire one guy - Obama

seems pretty straightforward


Thu, 09/15/2011 - 13:32 | 1673975 I am Jobe
I am Jobe's picture

USA has become a country of chatter boxes with no results. End of the Empire . Its over. Pissing contest now

Thu, 09/15/2011 - 13:36 | 1673989 jerry_theking_lawler
jerry_theking_lawler's picture

ohhh goody, something i'm good at....i tend to win alot of pissing contests because i have such a high arc.... :)

Thu, 09/15/2011 - 13:37 | 1673993 Dr. Richard Head
Dr. Richard Head's picture

It's funny how the winds have changed in rhetoric though. All of the talk about the Federal Reserve made me smile, but we all know damn well the "top tier" candidates are just paying time to the issue like Obama did for his rhetoric about war. The last primary republican debate really showed that, granted the plastic men still piss in the wind, duck, and let the back spray hit the people.

Thu, 09/15/2011 - 13:34 | 1673984 MalthusWasRight
MalthusWasRight's picture

"I'm a pretty simple guy"

- J. Bohner


Yes, sir. Yes you are.

Thu, 09/15/2011 - 13:36 | 1673991 vegas
vegas's picture

Capital always goes to where it is most welcome. In a global economy, that means in a regulated and highly taxed economy [like Amerika], jobs and services will be exported to where the goods and services can be produced in a more efficient manner.

How many ZH'ers intentionally shop for the highest prices?

This whole political debate is not about job creation. It's about the political elite keeping their base happy so they can get re-elected. Obama is a complete duffus. Boehner a hack.

Thu, 09/15/2011 - 13:55 | 1674071 Hmm...
Hmm...'s picture

Your comment is not really true... at least it has been oversimplified until it is false.

first: lowest price does not always equate to "efficiency". 

More importantly: capital will not always flow to lowly regulated, lowly taxed areas.  there are other factors, such as liquidity and perceived safety.  These are sought after MORE than regulation/taxation.   

The US and European markets are some of the most safe and liquid markets on Earth... at least they were until we started dismantling key investor protections.  That (previous) safety and liquidity has allowed us to attract capital for decades not despite our regulations, but BECAUSE of our increased regulations.

How many ZH'ers intentionally shop for the highest prices?

we often do.  For instance:  I would never buy formula made in China, nor do I buy almost any food that comes from China.  Why?  because it is filled with pollutants.  Same with Chinese Drywall.  I do gladly pay more money for products that I deem to be safer... even if more expensive.

Capital and investors care more about return OF their money than return ON their money.  But don't take my word for it, simply look at the capital markets.

Now if you take two different countries with similar liquidity/safety parameters, then of course capital will flow to the lower tax area... but usually different countries don't have similar liquidity/safety parameters.

The answer is not to dismantle all regulations.  we already did that: it was called the Shadow Banking System and it failed miserably.  There was (and still is) little to no regulation in the Shadow system (For instance, no regulation at all in the CDS market... but didn't stop it from imploding).

Thu, 09/15/2011 - 13:37 | 1673998 CrashisOptimistic
CrashisOptimistic's picture

Geology doesn't care about tax increases or spending cuts.

Thu, 09/15/2011 - 13:40 | 1674010 xtop23
xtop23's picture

Well played sir

Thu, 09/15/2011 - 13:39 | 1674008 Darth Hayek
Darth Hayek's picture

But no matter what, I think we can all agree:  Obama is a stuttering clusterfuck of a miserable failure.

Thu, 09/15/2011 - 16:21 | 1674131 Ms. Erable
Ms. Erable's picture

Yeah, I think even Blankfiend and Dimon are disappointed, as sock puppet O'Bammy's (he's Irish, ya know... he said so) ass is too reamed from constant usage for their hands to fit into it to control the puppet well.

Thu, 09/15/2011 - 13:39 | 1674009 Atlantis Consigliore
Atlantis Consigliore's picture

he Boehner knows what the demo apparachik knows;  

.......1 year to wait,  6 months and theres annother Duffus to replace


jimmy  carter 2.0  in the bag.  they wont run with jimmy 2.0 with 


Solyndra and a major money ctr bank in way


thats why you have the rallys on pickens.


Thu, 09/15/2011 - 13:40 | 1674012 youngandhealthy
youngandhealthy's picture

As an observer from outside the US....This guy (Boehner) is a Rasesist. The whole TeaP thing is so "upset" about a black man being the Presisdent of the USA that everything the administration is suggesting is opposed.

I just feel sorry for the US as a nation.


Thu, 09/15/2011 - 13:46 | 1674042 vegas
vegas's picture

Rasesist? Are you publicly educated in the US by any chance?

The Tea Party cares about smaller government [goberment for you]and doesn't give a shit if Barry Soetero is blue. He is being "opposed" because he is an idiot hell-bent on destroying the American way of life.

Thu, 09/15/2011 - 13:59 | 1674081 SeverinSlade
SeverinSlade's picture

The [TRUE] The Tea Party cares about smaller government [goberment for you]and doesn't give a shit if Barry Soetero is blue.

Fixed it.

The tea party that's been hijacked by the GOP is more of the same.  False right vs. left paradigm used to divide and conquer the masses while the financial oligarchy bleeds them of what remaining wealth they have, thus clamping the chains of debt bondage around their wrists, ankles, and neck.

Thu, 09/15/2011 - 14:16 | 1674091 Dr. Richard Head
Dr. Richard Head's picture

Statements like that make me realize the TP has indeed been hijacked by the likes of the establishment Republicans.  The blind rage of anyone is better than the "idiot hell-bent on destroying the American way of life" is exactly how we got here in the first place. Because of this blind "anyone but O'Bama" nonsense the Tea Party has Rick "Bring the Troops Home But Keep a Presence There Gardisil" Perry and Mitt "Romney-care Deficit Spending Governor" Romney at the top. 

Name me one policy these two "top tier" candidates offer in the way of difference from Bush Obama.  Wars?  Nope, here we come Iran - either Obama or the Top Tier fucks.  Deficit spending? Sure why not.  Government control over our life, property, and liberty?  You bet your boots they will.  The American way of life is life, liberty, and the persuit of happiness.  Too bad most fucks in this nation only care about the last and are willing to sacrifice the first two in order to achieve the last. 

Poor schmucks.  We have a chance with Ron Paul, but those damn Iranians want to nuke us, so let's keep the one-party banking-corporate-military complex party going baby. 

Thu, 09/15/2011 - 14:19 | 1674140 vegas
vegas's picture

You now want policies? Except for socialist, marxist tripe from Obama, name me anything this clown did before he became President? If you were hell-bent on destroying the US economy, what would you do any differently than what Obama has done in the last 3 years? The guy is a complete disaster.

I would vote for Donald Duck before I ever vote for B. Hussein Obama. Voters everywhere, and in almost every election, have repudiated his bullshit; NY-9 being only the most recent example with 3-1 Democrat registration and electing a Republican.

Sounds like you voted for him. How's that hopey changey stuff working for you?

Thu, 09/15/2011 - 14:24 | 1674153 karzai_luver
karzai_luver's picture

other than anything the fascist owebama supported , name me one socialist program that predates owebama the fascist that these clowns have defunded in 30 fukin years?

\\Yeah, i thought so!


Thu, 09/15/2011 - 14:26 | 1674161 Dr. Richard Head
Dr. Richard Head's picture

Exactly.  How many planks of the Communist Manifesto were in place when Bush was in office?  The same amount under Obama -


Thu, 09/15/2011 - 14:25 | 1674158 Dr. Richard Head
Dr. Richard Head's picture

Thank you very much for proving my point.  I voted for Chuck Baldwin by the way.  Bush and Obama are birds of a feather.  Enjoy your next TSA crotch grab.

Thu, 09/15/2011 - 14:30 | 1674172 karzai_luver
karzai_luver's picture



I have lived too long, the country has gone to hell and I don't see it coming back anytime soon.


Sad days I see ahead for many.


Protect yourself and get more ready.


Thu, 09/15/2011 - 14:32 | 1674180 Dr. Richard Head
Dr. Richard Head's picture

Getting ready indeed.  I am prepared to fight and have been fighting the battle front of the mind. Can cut through the programming of the Obama folks or the Fox folks though. 

Thu, 09/15/2011 - 13:50 | 1674056 DirtMerchant
DirtMerchant's picture

I would have to respectfully disagree, you are completely clueless. 

There is no evidence that the tea party or boehner are racist, its about social political agenda's not skin color

Thu, 09/15/2011 - 14:22 | 1674146 karzai_luver
karzai_luver's picture

When did boner and cantor call for the elimination of the FED GVT run HC plan they are in along with the millions of other gvt scum?



Until and unless they do that and END it and throw those worthless bums into the same "free market" they crow about then I don't care what owebama the fascist is up to.


They are liars and clowns just like him.




you take away the Tea Party gvt paid for viagra and scooters and they will burn DC to the ground. Not that I am against that..........


Thu, 09/15/2011 - 13:55 | 1674057 SheepDog-One
SheepDog-One's picture


Big benefit to you that ZH no longer uses CAPTCHA math quiz in order to post here.  Detriment to ZH over the last few weeks obviously.

Actually all evidence points to the 'presisdent' who is the real rasesist. 

Gubment skroolin' perchance?

Thu, 09/15/2011 - 13:51 | 1674058 xtop23
xtop23's picture

..... You really have no effing clue do you?

Thu, 09/15/2011 - 13:52 | 1674062 SheepDog-One
SheepDog-One's picture

Yes youngandhealthy I feel sorry for the US as a nation as well, mostly due to seeing people like you out there.

Thu, 09/15/2011 - 14:02 | 1674093 dark_matter
dark_matter's picture

My dislike of Obama is not because of his skin color but because of his policies. Ditto for Boehner, Pelosi, Reid, etc., etc., etc. When someone suggests otherwise they are the racist.

Also, the Republicans don't oppose him because he's black, they oppose him because he's a Democrat. Stimulus was fine under Bush but evil under Obama. If Colin Powell somehow got elected they would support him if he decided to nuke Los Angeles.



Thu, 09/15/2011 - 14:29 | 1674166 The Deleuzian
The Deleuzian's picture

youngandhealthy:  Racism is dead!  Even the 'Homeees' I'm friends with know this... So here's your boomerang back!!! 

Thu, 09/15/2011 - 14:48 | 1674220 youngandhealthy
youngandhealthy's picture

The experiment is over...I just proved my point. By reading the responses I leave the rest to the reader.


Thu, 09/15/2011 - 15:28 | 1674338 Tuco Benedicto ...
Tuco Benedicto Pacifico Juan Maria Ramirez's picture

You may be young and healthy, but "you can't fix stupid"!

Thu, 09/15/2011 - 16:31 | 1674608 James
James's picture

Sorry, the race card won't work.

Whitey helped elect Obama.

Thu, 09/15/2011 - 13:49 | 1674050 firstdivision
firstdivision's picture

Dear Boehner,

In regards to your statement that "“Address the Structural Problems” That Put America “In Danger of More Job-Destroying Downgrades.” ", I would argue that it was the pressure to not regulate various OTC products in 1998 that led to this more so than entitlement programs.

P.S. Go fuck yourself and this also applies to the DNC

Thu, 09/15/2011 - 13:51 | 1674055 Conax
Conax's picture

Now you guys stop it, don't get him blubbering again. He cries like a woman.

He's twying wealwy hard.

Cut the Empire, rescind all 'Free trade agreements', revoke MFN from the Chinese, let the TBTFs Fail, clean out the deadwood, and let America rebuild an economy for Americans.

Or continue this madness, it's up to us.


Thu, 09/15/2011 - 13:54 | 1674067 DirtMerchant
DirtMerchant's picture

I think I need more ammo, this is going to take longer than I expected

Thu, 09/15/2011 - 13:56 | 1674075 Spaceman Spiff
Spaceman Spiff's picture

Is any party talking about adjusting the free trade agreements to get some manufacturing back here?  Not only do we need to bring down the costs of doing business here, but there is no way we can fully compete with these third world life/labor is cheap places.

Thu, 09/15/2011 - 13:59 | 1674082 The Deleuzian
The Deleuzian's picture

I can't believe 'people' give these gov. hacks homage anymore!!!  The politicians (atleast the ones who are required to be televised) surely require 'kinesics experts' and 'professional mimes' to pass any rational observer's lie-detector tests!!!!

Thu, 09/15/2011 - 13:59 | 1674085 pelican
pelican's picture

The Republic in its current form is done.  When excessive printed money exists, a House and Congress are easily bought by foreign corporations, the american people become part of the world wide serfdom.

I bet your Grandaddy who fought on the shore of Normady and Imo Jima would be proud of your globalist plans.  The thing that really amazes me is that you would think the powers that be would have a better grasp on human history.  Rome,England, Russia, Spain, Germany, and France all failed in their empires.  Why?  Because is is impossible to control the world and its resources.

Perhaps, I am the ignorant one and don't realize that some men just want the world to burn.

Thu, 09/15/2011 - 15:25 | 1674327 Tuco Benedicto ...
Tuco Benedicto Pacifico Juan Maria Ramirez's picture

Pelican, my dad did fight at Iwo and Guadacanal, Bouganville and Guam.  Some of us will not roll over for the dimanati!  We have some work to do!

Thu, 09/15/2011 - 14:02 | 1674092 MFL8240
MFL8240's picture

No more short term gimmicks except the one this morning to have one bankrupt country contribute to the bailout of another bankrupt country.  Yup, US backing of Greece, is nothing more than another short term gimmick!

Thu, 09/15/2011 - 14:06 | 1674102 SheepDog-One
SheepDog-One's picture

And remember, the key to one bankrupt entity bailing out another is the leverage must be high!

Thu, 09/15/2011 - 14:07 | 1674106 Conax
Conax's picture

Looking to politicos for answers?

They brought us to this party.

They aren't going to spend any effort un-doing that which they've worked so hard to achieve.

What's that, you ask? The destruction of the American economy, Freedom, and Sovereignty. And all for a lousy house in the Hamptons and a perpetual pension. Oh, and the undying gratitude of the bankers.

Trash, the lot of them.

Thu, 09/15/2011 - 14:17 | 1674133 Lazane
Lazane's picture

same old, same old, Bohner does it well, in a position of leadership he fails once again to lead. can't we all just get along?

Thu, 09/15/2011 - 14:17 | 1674137 eddiebe
eddiebe's picture

One more for the Boner

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