• Steve H. Hanke
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    Authored by Steve H. Hanke of The Johns Hopkins University. Follow him on Twitter @Steve_Hanke. A few weeks ago, the Monetary Authority of Singapore (MAS) sprang a surprise. It announced that a...

Here Is Boehner's Amended Amended Bill

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Fri, 07/29/2011 - 12:56 | 1505395 BaBaBouy
BaBaBouy's picture

USA Military resigns en-masse ...

Fri, 07/29/2011 - 13:00 | 1505417 Long-John-Silver
Long-John-Silver's picture

Deep Fried in Greece

Fri, 07/29/2011 - 13:01 | 1505421 redpill
redpill's picture

You guys are making me Hungary!

Fri, 07/29/2011 - 13:03 | 1505430 Helmholtz Watson
Helmholtz Watson's picture

Served on the good China

Fri, 07/29/2011 - 13:07 | 1505458 Long-John-Silver
Long-John-Silver's picture

and 925 Sterling Silverware.

Fri, 07/29/2011 - 13:13 | 1505493 papaswamp
papaswamp's picture

I'd better Czech on lunch...

Fri, 07/29/2011 - 13:31 | 1505583 redpill
redpill's picture

Sit down and relax papa, what's the Russia?

 

Fri, 07/29/2011 - 13:35 | 1505602 Libertarians fo...
Libertarians for Prosperity's picture

Lunch?  ... the Nigers should be delivering it soon.  

WHITE POWER!

Fri, 07/29/2011 - 13:42 | 1505657 aheady
aheady's picture

I'll Serbia dinner later on.

Fri, 07/29/2011 - 15:24 | 1506057 Agent P
Agent P's picture

You smelly Botswana knock off all this nonsense and get back to the topic at hand?

Fri, 07/29/2011 - 15:12 | 1506016 rcintc
rcintc's picture

Mmmmmmm.....Deep Fried Turkey.....aaaaaaal

Fri, 07/29/2011 - 13:01 | 1505418 Doyle Hargraves
Doyle Hargraves's picture

not without some peas bitchez!

Fri, 07/29/2011 - 13:09 | 1505473 Long-John-Silver
Long-John-Silver's picture

and market stuffing on the side.

Fri, 07/29/2011 - 13:21 | 1505542 wisefool
wisefool's picture

Chile beans are passible for americans who can't afford peas.

Fri, 07/29/2011 - 13:05 | 1505448 BaBaBouy
BaBaBouy's picture

They all come home and get jobs at Dunkin Donuts new IPO shops.

 

You try not payin for your coffee and you get shot...

Fri, 07/29/2011 - 13:15 | 1505502 slaughterer
slaughterer's picture

the light is green

the trap is clean

Fri, 07/29/2011 - 12:56 | 1505396 redpill
redpill's picture

The Senate won't pass a Balanced Budget Amendment in a million years.

Fri, 07/29/2011 - 13:02 | 1505425 Dr. No
Dr. No's picture

You are right.  Non of them want it.  They just want to say on T.V. they supported a balanced budget amendment.  They will loose it in committee where it will not see the light of day. Which reminds me, wasnt the Magna Carta signed at sword point?

Fri, 07/29/2011 - 13:15 | 1505503 papaswamp
papaswamp's picture

Swords or canes in congress would be rockin. CSAPN would make bank.

Fri, 07/29/2011 - 13:24 | 1505555 wisefool
wisefool's picture

Yup. And Axes, and Bows and arrows, and maces, and warhammers, and flails.

http://en.wikipedia.org/wiki/File:Joao_sem_terra_assina_carta_Magna.jpg

Fri, 07/29/2011 - 13:04 | 1505435 Long-John-Silver
Long-John-Silver's picture

2/3 Tea Party members in the House, 2/3 Tea Party Members in the Senate, and another 7+ years for 3/4 of the States to approve it.

The USA will be a foot note in History books by then.

Fri, 07/29/2011 - 13:09 | 1505469 redpill
redpill's picture

I think it would have a good chance of approval if it went to the states today, but it won't get there so it's moot.  This is just so Boehner can go on the Sunday morning news shows and say he's passed two different plans and the Senate refuses to consider either of them.

Fri, 07/29/2011 - 13:19 | 1505523 Ident 7777 economy
Ident 7777 economy's picture

 

 

 

"The USA will be a foot note in History books by then."

 

Aye.

 

Per Wikipedia: "Reconquista" (Mexico) 

Evolution of the Mexican territory.

The term Reconquista (in English, "reconquest") was popularized by contemporary Mexican writers Carlos Fuentes and Elena Poniatowska to describe the increased demographic and cultural presence of Mexicans in the Southwestern United States.

 

US - Mexican border 1836:

http://en.wikipedia.org/wiki/File:United_States_1834-1836-03.png

Fri, 07/29/2011 - 13:53 | 1505699 Joe Davola
Joe Davola's picture

That map's all wrong, it's got DC where the unorganized territory is.

Fri, 07/29/2011 - 13:37 | 1505597 smlbizman
smlbizman's picture

just read the table of contents......what does radio frequencys have to do with this????

 

that would start on page 68

Fri, 07/29/2011 - 19:43 | 1506846 nmewn
nmewn's picture

We're counting on it ;-)

Fri, 07/29/2011 - 12:58 | 1505401 reefermadness
reefermadness's picture

DOA.

Fri, 07/29/2011 - 13:49 | 1505618 Hansel
Hansel's picture

From my initial glance at the bill, the discretionary spending caps at least didn't change much from the last iteration of the bill.

http://www.cbo.gov/ftpdocs/123xx/doc12336/HouseBudgetControlAct.pdf

Fri, 07/29/2011 - 12:59 | 1505403 Hannibal
Hannibal's picture

The US Constitution: "ALL REVENUE MUST ORIGINATE IN THE HOUSE OF REPRESENTATIVE,...."

Fri, 07/29/2011 - 12:59 | 1505411 Dr. No
Dr. No's picture

I agree! All revenue should come from Congress!  Not the people!

Fri, 07/29/2011 - 12:58 | 1505404 Dr. No
Dr. No's picture

Whatever happened to "minimum of 24 hours on the web so that congress can acutally read the content of the bill"?

Fri, 07/29/2011 - 13:00 | 1505413 HelluvaEngineer
HelluvaEngineer's picture

No worries, the algos read it in less than a second.

Fri, 07/29/2011 - 13:01 | 1505422 SheepDog-One
SheepDog-One's picture

I think that was scheduled to start in the 7th year of His Majesty's throneship.

Fri, 07/29/2011 - 13:04 | 1505436 economessed
economessed's picture

Funny, as the GOP-led House said they were going to put all bills up for a 3 day review before calling a vote.  Even the rules they themselves create don't apply apparently.

Democrin, Republicrat - two sides of the same coin, and that coin is rapidly devaluating under Federal Reserve stewardship.

Fri, 07/29/2011 - 13:11 | 1505480 SheepDog-One
SheepDog-One's picture

Of course theyre all just a bunch of bullshitters, its a damn puppet show at the carnival!

Fri, 07/29/2011 - 13:16 | 1505507 Dr. No
Dr. No's picture

2-1 odds after it is passes we find out some earmarks funding some pork or cutting some stemcell or other.

Fri, 07/29/2011 - 12:59 | 1505412 SheepDog-One
SheepDog-One's picture

And the curtain rises for act 2 of puppet show diversion theater...enjoy.

Fri, 07/29/2011 - 13:02 | 1505414 Doyle Hargraves
Doyle Hargraves's picture

Work down to the wire, put together some bullshit that enslaves us to the debt even more than we already are, attach neat amendments and riders that fuck the average joe and may take away what very little liberty we may still have, , post it online to read as it is being voted on and celebrate saying the crisis is over! Brainless 'mericans do not question it and rejoice that crisis has been averted. Then months later it is discovered what really was in 'the bill'. The cure is more toxic than the disease bitchez!

Fri, 07/29/2011 - 13:10 | 1505476 slaughterer
slaughterer's picture

Primary revenue source seems to be governmant broadband auctioning.   Done years ago in Germany.  Partial failure. 

Fri, 07/29/2011 - 13:00 | 1505416 JR
JR's picture

A Congressman opposing the Boehner plan said this morning that rating agencies may downgrade U.S. financials even if the debt limit is raised. “It’s not the debt limit that’s the concern,” he said. “It’s the debt!”

The entire global economy is at tipping point, brought on by the Fed/IMF’s blueprints for a one-world planned economy.  And just as all past socialist economies have failed throughout the world - whether in Africa, Europe, Asia or South America - so has this one.

Using the world’s reserve currency to price fix and manipulate world markets for the profits and powers of the few has created today’s economic difficulties and widespread conflict between freedom and coercion.  All political remedy is now impossible; the world’s economies have taken over with a vengeance and all the IMF and Wall Street calls for higher deficits, more QE and increased government social planning will not put their world government scheme back together again.

As said the Rev. John Witherspoon, who assumed the presidency of the College of New Jersey (Princeton) in 1768: “Money is the medium of commercial transactions.  Money is itself a commodity.  Therefore every transaction in which money is concerned, by being given or promised, is strictly and properly speaking, a bargain, or as it is well called in common language, an agreement…”

Paper money was always Witherspoon’s thorn in the side. 

He wrote in Essay on Money: “To give…authority or nominal value by law to any money, is interposing by law, in commerce and is precisely the same thing with laws regulating the prices of commodities… Now nothing can be more radically unjust, or more eminently absurd, than laws of that nature.”

Bernanke, under the Rothschild guidance of “Let me issue and control a nation’s money and I care not who makes its laws,” has created today’s trillionaire monopolists and irreparable imbalances, and has brought the entire system down.

Fri, 07/29/2011 - 13:04 | 1505438 Charlie Bravo
Charlie Bravo's picture

....well said.

Charlie Bravo

Fri, 07/29/2011 - 13:13 | 1505491 TaxSlave
TaxSlave's picture

The entire global economy is at tipping point, brought on by the Fed/IMF’s blueprints for a one-world planned economy.

Too many words per sentence, too many syllables per word, and too many concepts per conclusion.

It doesn't appeal to fantasy or flattery, doesn't promise something for nothing, doesn't cure psoriasis or make your teeth white.

It doesn't turn the world into a giant hospital, doesn't change our diapers for us, doesn't think for us, doesn't give us retirement or health care, doesn't even destroy the people we hate.

It doesn't feed our avarice, appeal to hatred, pretend to be kind to widows and children with flies on their faces, or pretend to be sophisticated through incomprehensibility

It is a noble idea, doomed to failure.

We are going to get what lowest common denominator deserves.

Fri, 07/29/2011 - 13:17 | 1505512 SheepDog-One
SheepDog-One's picture

Yes their plans for 1 world govt have brought us to this tipping point, what do they have cold feet now? 

Fri, 07/29/2011 - 13:01 | 1505424 Seasmoke
Seasmoke's picture

ok..so they pass it, then the Senate rejects it......then Reid passes his in the Senate, then the house rejects it........then what ?

Fri, 07/29/2011 - 13:04 | 1505442 SheepDog-One
SheepDog-One's picture

Midnite Sunday final minute 14th ammendment usurpation to hand over blank checks.

Fri, 07/29/2011 - 13:07 | 1505462 TheLooza
TheLooza's picture

either Obama unilaterally raises or .. well.. remember the scene in ghostbusters where the city official in a fit or anger and spite flips the swtich deactivating the containment unit causing all the ghosts and demons to be released?...that.

 

oh look. i found the scene and it is dead freaking on.

 

http://www.youtube.com/watch?v=8vxEimC3HME

Fri, 07/29/2011 - 13:11 | 1505481 lolmao500
lolmao500's picture

The last bill was 4 pages long or so.. this one is 104 pages long. I bet it's real bad and it's filled with pork.

Fri, 07/29/2011 - 13:46 | 1505668 ElvisDog
ElvisDog's picture

But it must be 20 times better than the healthcare or wall street reform bills that were both over 2000 pages.

Fri, 07/29/2011 - 15:30 | 1506090 Agent P
Agent P's picture

But look at the margins...looks like all of my old college papers that had minimum page count requirements.

Fri, 07/29/2011 - 13:14 | 1505498 Mises knows best
Mises knows best's picture

They continue playing games like there is a difference between Dems and Repubs distracting the american people from the fact that the real battle is between the statists and the small gov't folks like Ron Paul.

http://www.freemarketfan.com/2011/07/debt-ceiling-dog-and-pony-show.html

Do NOT follow this link or you will be banned from the site!