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Boehner's Full Fox News Appearance

Tyler Durden's picture




 

For those who missed it, here is the full video and summary from Boehner's earlier appearance on Fox News Sunday with Chris Wallace. The "Asian market open" strawman is getting closer, and there is absolutely no resolution yet. Ironically, just like with QE3, the all too habituated market will buy every dip (remember: nothing can possibly go wrong in the global Bernanke put regime) easily validating the republicans' paradoxical case that the market can more than survive a failure to reach a debt ceiling hike consensus. In the meantime, even as the S&P surges to unseen heights the economy is on the verge of cannibalizing itself as the government begins scrambling for every available penny of incremental revenue.

From Fox News:

 

Boehner: Debt Limit Agreement Must Adhere to Principles of "Cut, Cap, & Balance," Be a Two-Stage Process:

"I am going to continue to work with my Congressional colleagues in both parties and my House Republican Conference to try to develop a framework within the 'Cut, Cap and Balance' effort that the House passed this past week. I do believe that such a framework could come together, but it is not in place as we sit here. ... There is going to be a two-stage process. It is not physically possible to do all of this in one step." 

Boehner: President Obama Is Worried About His Next Election, Needs to Get Serious About Cutting Spending:

"Chris, I know the president's worried about his next election. But my God, shouldn't we be worried about the country? We've got a budget deficit of $1.5 trillion; we're borrowing 42 cents on every dollar we spend; we have $14.5 trillion national debt. It is time to get serious about stopping the spending here in Washington, DC."

Boehner: We Need to "Cut, Cap, & Balance" to Instill Confidence In Our Economy:

"The American people are asking the question, 'where are the jobs?' ... I think it's important that we deal with our long-term problem. It's serious. Washington's spending's been out of control, and what's happened over the last two years really shows how much out of control it's gotten: trillion-dollar 'stimulus' plan; a health care plan that we can't afford; all of this extra spending that has not worked, and the spending binge has to stop. And our efforts all year have focused on trying to stop it. And as I look at trying to put together a plan with my colleagues, I am going to work within the framework of 'Cut, Cap, and Balance' because those are the three things that have to happen if we are going to instill confidence in our economy."

Boehner: Balanced Budget Amendment the Best Way to force Washington Get Spending Under Control:

"I continue to believe that a Balanced Budget Amendment is the greatest enforcement mechanism to bring Washington spending under control. ... I'm going to continue to develop a framework within the principles of 'Cut, Cap, and Balance.'"

Boehner: I Don't Want to See Default or Get Close to It:

"I understand the president feels that we need bigger government and more spending here in Washington. I believe allowing the American people to keep more of that money is the best way to create jobs and grow our economy. ... My job on behalf of the country is to find as much common ground as we can to help move the country ahead. ... I am interested in a solution to the problem that we face. I don't want to see default, I don't frankly want to get anywhere close to it."

Boehner: The House Has Done Its Work; It's Time for Democrats to "Lay Their Cards on the Table":

"Remember this ... the House has done its work. We've passed a budget. We've passed a plan. We've passed 'Cut, Cap, and Balance.' And not one time in this whole process have Senate Democrats or White House passed a budget, put a budget out there, or even put a plan out there. The conversations I was having with the president in case the Senate didn't pass 'Cut, Cap, and Balance' -- there was never any plan from the White House. The whole plan came from us. We laid out the framework. And at some point they've got to lay their cards on the table."

Boehner: Republican Majority Has Changed the Focus in Washington to Cutting Spending:

"Think about this remarkable conversation we're having. A year ago we had just passed the health care bill; we had 'stimulus' bill that was passed the year before. It was all about how much more spending Washington could do. And here we are, in the six months after a new Republican majority, and all of the discussion is about how many trillions of dollars we are going to cut. This really is a pretty remarkable change here in Washington, DC."

 

 

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Sun, 07/24/2011 - 15:06 | 1487937 JLee2027
JLee2027's picture

Seems totally believable to me. What are you a Democrat?

Sun, 07/24/2011 - 15:36 | 1488039 Hacksaw
Hacksaw's picture

No, and I'm not a moron either. I know that Boner is part of the Bush clan and has absolutely no belief in the Reagan sound bites he is so fond of using. Like letting you keep more of your money, bigger government isn't the answer, those type of sound bites. I remember that Boner under the Bushes went along with huge increases in spending, huge increases in the size of government, and the taking away of your freedoms in the name of security. I remember that Boner went along with the new bankruptcy law that went a long way in making me and you bigger serfs than we already were. Obozo is just another Clinton, so basically we've had 22 years of being ruled by either the moron Bushes or the crooked Clintons. I'm sick of it. I'm a life long Republican but the last candidate they put up in any election I could vote in, that I could support without reservations was in 1994 and that was for Congress. Keep on backing one party or the other and being part of the problem, not part of the solution.

Sun, 07/24/2011 - 15:44 | 1488086 JLee2027
JLee2027's picture

I know that Boner is part of the Bush clan and has absolutely no belief in the Reagan sound bites he is so fond of using

His name is Boehner, not Boner. You aren't worth talking to - go whine elsewhere.

 


Sun, 07/24/2011 - 21:28 | 1489339 55 men
55 men's picture

Nice debate. Oh, and by the way, his name is Boner.

Sun, 07/24/2011 - 15:15 | 1487964 cesarsp_us
cesarsp_us's picture

So Much Bullshit its make me Sick..

Sun, 07/24/2011 - 15:18 | 1487979 cesarsp_us
cesarsp_us's picture

Please Boner tells us WTF are you going to cut???

Sun, 07/24/2011 - 15:22 | 1487991 Island_Dweller
Island_Dweller's picture

Theatre.

Sun, 07/24/2011 - 15:31 | 1488029 f16hoser
f16hoser's picture

Obama is too stupid to know that his chances of reelection are slim and none. Hey, num nuts, you worry about your reelection and let the grown-up's worry about the country. Spear chucker!

Sun, 07/24/2011 - 15:54 | 1488122 XenoFrog
XenoFrog's picture

Grown ups don't have to resort to petty racist remarks. He is a numb nuts though.

Sun, 07/24/2011 - 15:39 | 1488063 nah
nah's picture

jaw boner republinazi shared sacrifice ftw... south sudan gets a nation, water resources, air space, property, government after 30 years of struggle

.

palestine aint done getting colonized after 65 years... cuz theres more white guilt for jews than niggers... and americans didnt do no wrong in the first place

.

except die on a cross of 'liberty'

Sun, 07/24/2011 - 15:53 | 1488111 Clowns on Acid
Clowns on Acid's picture

New format sucks....reminds me of Yahoo. No more junking? Tyler has gone corporate.,..

Sun, 07/24/2011 - 17:27 | 1488529 High Plains Drifter
High Plains Drifter's picture

just curious. if the prison guards who work in the prisons quit being paid, would they leave their posts?  i see this coming and i see the prisons emptying psychos into the streets.......and its part of the plan.........

Mon, 07/25/2011 - 00:37 | 1489758 HungrySeagull
HungrySeagull's picture

The State has every obligation to pay to secure the prisioners. The Federal system is above that too.

Several times in history, prisions have been emptied for a variety of reasons. One of my favorite was during wartime when a enemy wants to cut loose a few thousand people who are hardened beyond reason having nothing to lose onto a invading force and slow them down a little.

Mon, 07/25/2011 - 02:36 | 1489881 Peter K
Peter K's picture

Just like our manchild prez said after the 08 election: "Elections have consequences". So the DemoCommiNazi's (my word) should pass the Cap, Cut and Balance.

Sun, 08/21/2011 - 22:59 | 1584880 karmete
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