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Obama's Speaks Live On The Congressional Denial Of Payroll Tax Extension

Tyler Durden's picture




 

And now the president explains why today's congressional vote slamming the 2 month tax extensions is not acceptable. We wonder if this means Obama's Hawaiian holiday will be delayed until this critical issue is resolved.

 

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Tue, 12/20/2011 - 15:05 | 1998381 clones2
clones2's picture

Only took 3 years for me to agree with something he has to say...

Tue, 12/20/2011 - 15:11 | 1998410 clones2
clones2's picture

Thanks for the downvotes - you guys do realize that NINETY percent of congress agrees with me though right?

Tue, 12/20/2011 - 15:14 | 1998421 redpill
redpill's picture

You think Congress agreeing with you will make you popular?  This is gonna get ugly, son.

Tue, 12/20/2011 - 15:38 | 1998523 clones2
clones2's picture

It already is ugly, son....

Now even the republicans can't even agree with each other.

Tue, 12/20/2011 - 16:19 | 1998684 gmrpeabody
gmrpeabody's picture

It's a tough crowd here.

Tue, 12/20/2011 - 20:20 | 1999429 nmewn
nmewn's picture

"Now even the republicans can't even agree with each other."

lol...oh, the "republicans" agree...the TP doesn't. And I say bravo!!!

I believe what they are saying is...they want the tax break on FICA to be extended for another year as is usually the case in tax & spending matters. They do it on a yearly basis. A fiscal year...back when they actually had a yearly budget.

Not just sixty days.

Why should an employer have to check back in with the central planner/command & control center before the end of the first quarter...and then what, every other quarter after to see if if its changed again?...its complete nonsense.

Tue, 12/20/2011 - 15:14 | 1998423 Mr Lennon Hendrix
Mr Lennon Hendrix's picture

Oh shit well if Congress agrees with you!

Tue, 12/20/2011 - 15:19 | 1998445 clones2
clones2's picture

Well enjoy the 2% drop in your income...

Tue, 12/20/2011 - 15:25 | 1998457 tarsubil
tarsubil's picture

The trick is that, there is no income.

http://www.youtube.com/watch?v=dzm8kTIj_0M

Tue, 12/20/2011 - 15:28 | 1998481 Tortfeasor
Tortfeasor's picture

Whatever it takes to get some semblance of sanity and longer term stability.

Tue, 12/20/2011 - 15:37 | 1998517 Tortfeasor
Tortfeasor's picture

Plus, you do realize that any extension will accelerate our indebtedness, which means we'll reach the ceiling before the election next year.

Tue, 12/20/2011 - 16:28 | 1998730 Five8Charlie
Five8Charlie's picture

'Xactly. "Don't raise my payroll tax, and don't cut my Social Security."

Idiots.

Tue, 12/20/2011 - 15:42 | 1998546 XenoFrog
XenoFrog's picture

2% of zero. oh no!

Tue, 12/20/2011 - 19:09 | 1999270 malek
malek's picture

And how big will the drop in my future SS retirement payouts be? Or do you believe in free lunches?

Tue, 12/20/2011 - 15:18 | 1998440 b-rad-is-rad
b-rad-is-rad's picture

Wow, you are a moron too. Congratulations.

Tue, 12/20/2011 - 15:35 | 1998510 clones2
clones2's picture

Yes - I am the "moron" Republican with the six figure income that actually has an issue with house republicans screwing over 160 million Americans and their paychecks.

Obama is a joke - but you've got 90% of Congress in agreement with him, and these morons still can't get anything done.

Probably doesn't affect you and your minimum wage part-time job I guess...

 

Tue, 12/20/2011 - 15:41 | 1998541 tarsubil
tarsubil's picture

Look buddy. If your wife is cheating on you, that is your business. No need to bring it up here. Go see a psychiatrist about your image issues.

Tue, 12/20/2011 - 15:44 | 1998554 XenoFrog
XenoFrog's picture

You want to pass this extention for two months so that the Democrats can beat up the Republicans again in the new year? All the way up to the election?  Do you realize how bad it makes Republicans look when you fall into the trap that they want to screw over the working man?  Ask yourself why the Senate only wanted a 2 month extension....

Tue, 12/20/2011 - 16:03 | 1998620 clones2
clones2's picture

Ask yourself why House and Senate Republicans can't agree on the issue.  They make themselves look bad enough.

It's not like either side gains or loses with a 2 month extension...

Typical government to wait until the last possible second to try and get anything accomplished.  Same situation as the debt ceiling debate.  There was absolutely no compromise... both sides don't give anything...

Now we get this issue - and both sides can now grandstand and point fingers.

Tue, 12/20/2011 - 19:33 | 1999323 smlbizman
smlbizman's picture

my tin hat may be to tight....but i think they want that money....or somebody does....lets see, they are demanding payment from all citizens of the world, but us....... cause were their favorite.....

Tue, 12/20/2011 - 16:10 | 1998650 PicassoInActions
PicassoInActions's picture

don't argue with rednecks. Beside scream Bitchez on every post and at least show some common sense all they do is masturbating.

 

Tue, 12/20/2011 - 20:25 | 1999347 phyuckyiu
phyuckyiu's picture

Oh lookie, another Republican whose only identity is how much money he makes, the car he drives, and the silicone in the boobs of his manic depressive girlfriend on Zoloft who never fucks him. I'm sure you'll make lots of friends here.

Tue, 12/20/2011 - 20:48 | 1999478 PeterSchump
PeterSchump's picture

You seem to be describing a Hollywood lib...

Tue, 12/20/2011 - 21:42 | 1999649 phyuckyiu
phyuckyiu's picture

They are the epitome of vain as well, but this one is definitely a contender.

Tue, 12/20/2011 - 16:07 | 1998636 OSCSPJ
OSCSPJ's picture

Hey Idiot.  89 Percent of the SENATE passed a bill.  The same SENATE that skipped town.  Retard.

Tue, 12/20/2011 - 16:08 | 1998642 PicassoInActions
PicassoInActions's picture

DOn't worry about downbeat....

Most of those are just rednecks with few oz of gold under the mattress who just masturbating every night and praying for some1 to turn the switch.. So they will become reach with their shiny toys and the whole world will collapse.

But than again... some1 forgot to explain them ....  when everything will collapse they will be the first one to go. 

Lets see how many minuses i get this time.

 

Tue, 12/20/2011 - 20:01 | 1999386 phyuckyiu
phyuckyiu's picture

Just because your stocks are tanking and you never learned to spell, is no reason to broadcast your jealousy of other peoples gains in precious metals. Someday you might learn and become reach too.

Tue, 12/20/2011 - 15:06 | 1998385 redpill
redpill's picture

We've seriously come to setting tax policy 2 months at a time?

How do I get out of this chickenshit outfit?

Tue, 12/20/2011 - 15:10 | 1998404 GeneMarchbanks
GeneMarchbanks's picture

This president should come with a: WARNING: NOT TO BE TAKEN SERIOUSLY.

Wed, 12/21/2011 - 02:13 | 2000176 Calmyourself
Calmyourself's picture

The teleprompter garners more respect than this place holder clown.  I think those wascally republicans should start doing everything on a two month basis..  Obama's vacation fund, Mychelles fried chicken budget, her household staff budget all excellent places to start our new two month budgeting..  Just ask Harry Reid we don't need no stinking budgets..

Tue, 12/20/2011 - 15:10 | 1998405 clones2
clones2's picture

No kidding.  Also gotten to the point where both parties agree with 90% of a bill...  But still act like toddlers and can't get anything done.

WTH has the house/congress even accomplished this year.

I am truly conservative - but Boehner needs to jump in front of a bus along with Pelosi and Frank.

Tue, 12/20/2011 - 15:13 | 1998417 LeBalance
LeBalance's picture

oh please don't let them jump alone, Captain Judgment!

Tue, 12/20/2011 - 15:47 | 1998561 XenoFrog
XenoFrog's picture

If the Democrats were really for the working classes, they would have jumped on the ONE YEAR extension. Instead they want to make a futile stand against developing oil resources on this continent, that won't actually do anything but cost Americans jobs and billions in property tax revenue as they'll just route the pipeline through Canada to Canadian refineries.  Good Work guys!

Tue, 12/20/2011 - 15:59 | 1998602 Potemkin Villag...
Potemkin Village Idiot's picture

I am truly conservative - but Boehner needs to jump in front of a bus along with Pelosi and Frank.

Might I suggest that you show him how it's done? Take your 6 figure "income" with you while you're at it...

Tue, 12/20/2011 - 16:17 | 1998678 clones2
clones2's picture

No thanks - I'll survive just fine with my "income", land, guns, and precious metals.  Thanks for reminding me....

Tue, 12/20/2011 - 18:54 | 1999222 XenoFrog
XenoFrog's picture

Two of those things are imaginary, and the other two you will gladly hand over when the ATF shows up and tells you to.

Tue, 12/20/2011 - 19:54 | 1999365 phyuckyiu
phyuckyiu's picture

It's funny how the most insecure fucks have to constantly mention their 'income' in the hopes of validating themselves. But they have no friends, wife or kids, so all they really have is pullin their pud.

Tue, 12/20/2011 - 16:07 | 1998634 Bob Sacamano
Bob Sacamano's picture

Your beef is with the two month Senate, not the one year House.  The Senate shot down the one year extension the House passed. 

Tue, 12/20/2011 - 16:35 | 1998759 clones2
clones2's picture

2 totally different bills...

The non-partisan bill the house passed WAS killed by the senate.  I don't mind them taking some time to finalize the details and come to an agreement here so both parties can get what they want.  THAT is what the Senate bill does, or would have done.

Who wins now?  No one.  Neither party gets what they want.

Tue, 12/20/2011 - 18:56 | 1999229 XenoFrog
XenoFrog's picture

Look at Obama's numbers and tell me this wasn't planned. Who benefits when they're able to tar and feather the GOP as being for tax increases?

Tue, 12/20/2011 - 19:07 | 1999234 Bob Sacamano
Bob Sacamano's picture

The House delivered the one year extension BHO asked for.  The Senate produced something totally different (and fyi the Senate can not originate tax bills, so anything they do on their own is just political games).  So how is the House at fault when it delivers the extension BHO wants??

They need two months to figure out where they are going to compromise??  Bull.  They can compromise in two days.  FYI - this has been in the works for two months already -- just two more months will do it????   Absurd. 

The House is ready to stay and figure this out (via joint conference committee).  BHO said he would not go to Hawaii to get this done.  But the Senate went into recess and said they are done for the year.  And the House is the problem???  Try the Senate.

Wed, 12/21/2011 - 04:41 | 2000313 Glasater55
Glasater55's picture

According to Krauthammer the Senate bill was an "Obamanation".

Tue, 12/20/2011 - 20:07 | 1999400 phyuckyiu
phyuckyiu's picture

'I am truly conservative -' ... which is why I support Newts for president, who will legalize all the aliens and support buying mortgages for them from his previous employers, Freddie Mac and Fannie Mae.

Tue, 12/20/2011 - 15:20 | 1998448 GenX Investor
GenX Investor's picture

The secret to understanding Obama is to take whatever he says and go 180 degrees to the polar opposite. It is the kaleidoscope method to understanding your president.  kaleidoscope bitchez!

Tue, 12/20/2011 - 15:41 | 1998538 AssFire
AssFire's picture

As an employer I really get sick of moving the tax tables monthly so that the employees get their extra two pence.. The cost of voiding payroll checks, reissuing etc really add the salt.

Tue, 12/20/2011 - 19:29 | 1999318 Don Birnam
Don Birnam's picture

"How do I get out of this chickenshit outfit ?"

"You heard the man and you know the drill: elbows and assholes !"

Redpill, I haven't watched "Aliens" in some time. But, regarding the extension of the payroll tax reduction,

"Game over, man ! Game over !"

Tue, 12/20/2011 - 15:06 | 1998387 forrestdweller
forrestdweller's picture

when the next one comes, americans will miss him.

Tue, 12/20/2011 - 15:16 | 1998431 Vergeltung
Vergeltung's picture

you forgot the /sarc tag.

 

Tue, 12/20/2011 - 15:21 | 1998454 tarsubil
tarsubil's picture

I dunno. They just seem to keep getting worse and worse.

Tue, 12/20/2011 - 15:08 | 1998389 xela2200
xela2200's picture

This man is clueless. He talks the talk, but he can't do the walk.

Tue, 12/20/2011 - 15:11 | 1998407 andybev01
andybev01's picture

The 'perp' walk?

Tue, 12/20/2011 - 15:11 | 1998408 Alien Invader
Alien Invader's picture

Well, in order to walk one would need a backbone. No evidence of that so far...

Tue, 12/20/2011 - 15:07 | 1998390 Mr Lennon Hendrix
Mr Lennon Hendrix's picture

From Hawaii?

Tue, 12/20/2011 - 15:07 | 1998391 Cindy_Dies_In_T...
Cindy_Dies_In_The_End's picture

"Let me be clear" = 1 shot

 

"American People"= 2 shots

 

Get Your Drink ON!!

Tue, 12/20/2011 - 15:09 | 1998400 Mr Lennon Hendrix
Mr Lennon Hendrix's picture

"Look"=sip your drink

Tue, 12/20/2011 - 15:21 | 1998453 Rahm
Rahm's picture

"Ummm" = 1 shot.  You'll be in the hospital with alcohol poisioning halfway through the speech.

Tue, 12/20/2011 - 15:13 | 1998414 LouisDega
LouisDega's picture

I got my 3 gallons of Carlo Rossi Merlot all ready. 

Tue, 12/20/2011 - 15:20 | 1998449 djsmps
djsmps's picture

I use Carlo Rossi Burgundy and Chablis for cooking, and it works great for that. I've never tasted it by itself though.

Tue, 12/20/2011 - 15:08 | 1998394 fonzanoon
fonzanoon's picture

why does every white house press secretary look like james spader trying to play a white house press secretary. It is another one of those infinite loops.

Tue, 12/20/2011 - 15:10 | 1998401 redpill
redpill's picture

haha

Tue, 12/20/2011 - 15:13 | 1998418 Mr Lennon Hendrix
Mr Lennon Hendrix's picture

Shit, I wish it was James!

Tue, 12/20/2011 - 15:08 | 1998395 fuu
fuu's picture

TOTUS knows best.

Tue, 12/20/2011 - 15:12 | 1998412 Mr Lennon Hendrix
Mr Lennon Hendrix's picture

Is he going to read or not, I have better things to do than listen to this dweeb tell me taxes are going to go up or else.  Taxes have already increased.  Politics as usual.

Tue, 12/20/2011 - 15:18 | 1998439 Mr Lennon Hendrix
Mr Lennon Hendrix's picture

I missed the TOTUS read, didn't I?  How long was he on stage for, half of one minute?

Tue, 12/20/2011 - 15:13 | 1998416 redpill
redpill's picture

You can learn a lot from a teleprompter.  Slow and steady, just keep scrolling, never stop.  It's really admirably relentless.

Tue, 12/20/2011 - 15:32 | 1998495 fuu
fuu's picture

Like the tide.

Tue, 12/20/2011 - 16:05 | 1998627 Potemkin Villag...
Potemkin Village Idiot's picture

I'm thinking if the teleprompter ever stopped working, he'd end up like that dude in SCANNERS...

Tue, 12/20/2011 - 15:09 | 1998399 blu
blu's picture

Extending two months is on the whole meaningless. Arguing about it becomes pointless. But tying up CONgress over the question for anything beyond 30 seconds is passing insane.

Tue, 12/20/2011 - 15:15 | 1998427 andybev01
andybev01's picture

taking it beyond new years will mean a lot of people will still go Christmas shopping this week.

If it's not extended 'consumers' will slam on the brakes quicker than you can say 'austerity'.

Tue, 12/20/2011 - 15:10 | 1998402 taxpayer102
taxpayer102's picture

Liar, two-faced, hypocrite, fake as his birth certificate.

Tue, 12/20/2011 - 15:26 | 1998468 divide_by_zero
divide_by_zero's picture

On the Saul Alinsky planet, he's been completely honest with you.

Tue, 12/20/2011 - 15:10 | 1998403 Gubbmint Cheese
Gubbmint Cheese's picture

Two months is the long term when you consider 'investing' is now measured in micro and nano seconds..

Tue, 12/20/2011 - 15:11 | 1998406 Gubbmint Cheese
Gubbmint Cheese's picture

PS - when did James Spader start working at the whitehouse?

Tue, 12/20/2011 - 15:14 | 1998422 Snakeeyes
Snakeeyes's picture

Tax mortgage borrowers to increase paychecks for homeowners and renters? Do these people ever bother to think about they skew markets BADLY?

And do they think that a tax credit will salvage the housing market? 

http://confoundedinterest.wordpress.com

Tue, 12/20/2011 - 15:15 | 1998426 kralizec
kralizec's picture

Seriously, why pay any attention at all to anything coming out of the mouth of this walking diaper stain?!

Tue, 12/20/2011 - 15:15 | 1998428 lolmao500
lolmao500's picture

Good. I hope the house cuts food stamps too. It would be great. It would start the revolution.

Tue, 12/20/2011 - 15:16 | 1998430 lolmao500
lolmao500's picture

Leader Pelosi... give me a fucking break. That cunt shouldn't be running jackshit.

Tue, 12/20/2011 - 16:18 | 1998682 PicassoInActions
PicassoInActions's picture

That cunt was chairman of the intelegent commite for years , while she does good at raping american people she defentialy not a stupid one.

Tue, 12/20/2011 - 20:11 | 1999410 phyuckyiu
phyuckyiu's picture

Maybe if you had some intelligence, people would definitely take you more seriously.

Tue, 12/20/2011 - 15:16 | 1998433 johnnymustardseed
johnnymustardseed's picture

Boner is scared of his own tan shadow... another downgrade coming from rating agencies

Tue, 12/20/2011 - 15:21 | 1998452 lolmao500
lolmao500's picture

A downgrade because taxes are going up? More like an upgrade! America, soon to be AAAA!

Tue, 12/20/2011 - 15:20 | 1998450 lolmao500
lolmao500's picture

This guy is funny. Pass this democratic senate bill or else you hate Americans... Eh you fucker, the money is supposed to come FROM THE HOUSE and guess what, REPUBLICANS control the house...

I'm not defending the scummy republicans here, but this guy is a fucking joke.

Tue, 12/20/2011 - 15:21 | 1998456 trillion_dollar...
trillion_dollar_deficit's picture

In one fell swoop, the GOP gets Obama to agree with their entire tax cut platform.

Brilliant!!!

Tue, 12/20/2011 - 15:28 | 1998469 Jlmadyson
Jlmadyson's picture

Can't believe this guy has gotton a plus 5 on this issue this month. Playing right into the hands of all. Worse than Jimmy Carter and pulls out a miracle. Doesn't matter however it's all going to come crashing down well before the elections.

Tue, 12/20/2011 - 15:26 | 1998473 digalert
digalert's picture

CNBS: Obama will delay Hawaiian vaca! Oh bummer...or is that Boehner?

 

Tue, 12/20/2011 - 15:27 | 1998475 rfaze
rfaze's picture

What happen to paying for all the new spending bills. Both sides appear to have forgotten all about that. Obummer said the super committee would come up with additional cuts to offset this shit and that never happened.

Does anyone ever call these assholes out on their lies........

Tue, 12/20/2011 - 15:30 | 1998489 MarcusLCrassus
MarcusLCrassus's picture

So basically, John Boehner's do-nothing congress said that if the richest 1% don't get a tax cut, they're going to raise taxes on all of the rest of us.  There goes $1000 for the rest of us.   

Unbelievable. 

Well, at least we know beyond any shadow of a doubt who's side the GOP is on.   

Tue, 12/20/2011 - 15:39 | 1998530 lolmao500
lolmao500's picture

You WISH congress was a do-nothing congress. It isn't. It's a rape rape rape the bill of rights congress. If Congress had just sit there since they were elected and passed no bills, the US would be better off.

Tue, 12/20/2011 - 20:15 | 1999422 phyuckyiu
phyuckyiu's picture

I'd prefer a chance that I might collect social security when I get older, over your fucking one grand. But you don't really give a shit about us, so i'll return the favor.

Tue, 12/20/2011 - 15:33 | 1998501 YuropeanImbecille
YuropeanImbecille's picture

WHERE IS the video dear leaders?

Tue, 12/20/2011 - 15:41 | 1998539 YuropeanImbecille
YuropeanImbecille's picture

BOEHNER responds to the dear leader:

http://www.c-span.org/Events/Following-Payroll-Tax-Cut-Votes-Speaker-Boe...

 

(the original video of dear leaders speech is also availble there)

Tue, 12/20/2011 - 15:36 | 1998515 ghostfaceinvestah
ghostfaceinvestah's picture

The wealth effect of today's stock market rise eliminates the need to continue the tax cuts.

Tue, 12/20/2011 - 18:49 | 1999210 MyKillK
MyKillK's picture

I feel wealthier already

Tue, 12/20/2011 - 15:47 | 1998564 youngman
youngman's picture

$1000 for the rest of us...where is THAT money coming from...I assume people on this board are smarter than that...its all a vote buy...THAT money comes out of YOUR social security..and that is broke too....Obama should be saying we need to CUT expenses...and I will not be taking my 45 day vacation to Hawaii this year....to start off the savings...but his wife could not wait to spend OPM...other peoples money...so she left already...CUT spending people..that is the answer...if you have ever seen a list of what this government does spend on...you would puke...the Dept of Education...comes to mind..what do they do?  Teach your kids..no...not much..but they spend billions and employ thousands of paper shufflers....well back to Tylers other article..we are doomed..really..if you are crying over $1000 we don´t have to spend...then the trillions that are due won´t bother you either

Tue, 12/20/2011 - 16:07 | 1998639 Taffy Lewis
Taffy Lewis's picture

I agree, youngman. It's just another head fake to not address the real issue: obscene spending. Even here at my local level in the Midwest U.S.A., almost any argument/discussion between left and right degenerates into "taxing the rich" and "everybody paying their fair share". Maybe we as a country deserve what we get.

Tue, 12/20/2011 - 15:49 | 1998569 overmedicatedun...
overmedicatedundersexed's picture

Obuma they won't pass my ass hat 2 month tax extension bill..I am going on vacation to hawaii that will fix them!!

GOP ( well not the elite DC GOP who like it) but the conservatives who got elected last go round held it up because they want that oil pipeline from canada that will give US citizens 200,000 new jobs..and drop gas and heating oil prices ..you know actually benefit those of us in the USA.

seems the job's Obuma wants are only in China.

Tue, 12/20/2011 - 15:57 | 1998595 catacl1sm
catacl1sm's picture

The 2% tax-cut is robbing Peter to pay Paul anyway. It's coming from the already under-funded, IOU stuffed, Social Security fund.

Tue, 12/20/2011 - 16:04 | 1998623 Bob Sacamano
Bob Sacamano's picture

The House passes a one year extension and somehow they are blocking the tax cut BHO requested??   The Senate shot down the one year extension and pass a two month extension (which most folks understand is absurd tax policy - one year is bad enough).   Why is this hard to see??

Tue, 12/20/2011 - 16:15 | 1998668 PicassoInActions
PicassoInActions's picture

Obamanian team is outsmarting every1 and repub morons are falling for it. But than again when we concider who they are picking to run against Obama, what else can we say.

This game is exactly the same every election. So no matter how much morons and rednecks wills scream about Obama he will easily will overtake Grind and Romney.

They should force Rubio to run.

Tue, 12/20/2011 - 20:21 | 1999433 phyuckyiu
phyuckyiu's picture

I'm guessing Darwin had his way with you, which is why you have lame attempts at l33tspeak, and can't spell for shit. I hope Darwin -considers- you ineligible for procreation.

Tue, 12/20/2011 - 16:20 | 1998690 Yes We Can. But...
Yes We Can. But Lets Not.'s picture

The other day Odouchebag indicated that he believes that in POTUS rankings he ranks no worse than fourth, behind Lincoln, FDR, and Johnson (presumably Lyndon - BHO probably doesn't know about Andrew Johnson),  but he did not rule out the possibility that he could be as high as #1 All Time Best POTUS

How fucking insane is that?

If he'd actually accomplished something, he'd be All-Universe inside his loose-screw-filled head.

Tue, 12/20/2011 - 18:47 | 1999201 MyKillK
MyKillK's picture

Honestly, I don't care so much whether he's making an accurate assessment or is being delusional...

It's more the fact that it's just so incredibly arrogant.

Tue, 12/20/2011 - 16:34 | 1998755 non_anon
non_anon's picture

please, stay on vacation and leave us in peace for awhile

Tue, 12/20/2011 - 17:00 | 1998846 FrozenOut
FrozenOut's picture

Can somebody please explain the Permanent Income Hypothesis to this man...?

Tue, 12/20/2011 - 17:01 | 1998847 FrozenOut
FrozenOut's picture

Perhaps Milton? 

Tue, 12/20/2011 - 17:02 | 1998852 Legolas
Legolas's picture

Payroll Tax Extension?  This is nothing more than "Unemployment Benefits Extension".  Extending unemployment benefits is unpopular, so let's give it another name that the ignorant masses won't know.  They're pushing another crap sandwich bill and calling it something with a nicer name, like peanut butter and jelly.  It's so sad when you have to lie about legislation just to get it passed.  Liars in both parties. 

Tue, 12/20/2011 - 17:44 | 1999017 Zgangsta
Zgangsta's picture

They'll probably let the stocks freak out at the beginning of the year, then come up with some retroactive legislation in mid-January, sending stocks soaring once again.

Just like in The Matrix, you have to manufacture good and bad news to get people to buy into the delusion you're creating.

Tue, 12/20/2011 - 17:53 | 1999048 Iwanttoknow
Iwanttoknow's picture

Yes I hate Ogolfer.True the money will come out of social security.However,the Repugnants refused to raise taxes on the top 1 %,aided by dumbocrats.I would still take the $ 2,000 as there will be no social security for guys like me.

Wed, 12/21/2011 - 02:21 | 2000189 Calmyourself
Calmyourself's picture

You could take every dime the 1% has and not help anything.. How can people here be so stupid?  Check the numbers yourself and grow up!

Tue, 12/20/2011 - 18:21 | 1999137 MyKillK
MyKillK's picture

for two months

Tue, 12/20/2011 - 20:06 | 1999398 booboo
booboo's picture

Reducing the amount that SS takes in via a tax cut is a sure way to deep six a broke ass program that is already short each month. Something tells me they need an emergency to move on confiscating 401 and other self directed accounts, extending the payroll tax cut will bury this dog. This will be another never ending story, until it ends in tears of course. Cash out and take the hit before it's too late.

Tue, 12/20/2011 - 20:42 | 1999470 Fix It Again Timmy
Fix It Again Timmy's picture

Quick, re-hypothecate something, anything - pleeeeeze re-hypothecate!!!! It's our ONLY hope.............

Tue, 12/20/2011 - 22:07 | 1999695 earleflorida
earleflorida's picture

The payroll tax from the get-go was a non-starter, period!

 

it does absolutely nothing, period!

 

employers, temp-agencies, and pt's could give a shit, period!

 

obama should have let the 'bush-tax-cut' expire, as he'd previously promised [joke], period!

no-one,... not anyone, is the better for all this bullshit, no-one, period!

all this time being wasted on nonsense of past issues, once resolved, but refused a proper burial for political gamesmanship is a failed grand-theft recipe for gov't,... our pathetic gov't, period!

so who pays for entitlements, or the unemployed without providing shovel-ready jobs to no-where[?], all, but the sign-maker's warehouse, our sterile, and quasi-sanitized congress, period!

but, timmah, and binji will act in our interest for christ[mass] sake, as long as there's no-hell to pay, period!

such a waste,... such a pathetic waste, period!

all the more reason for 'ron paul' to blow out the iowan's straw-poll and show some 'balls,... rolling into new hampshire,  period! 

Wed, 12/21/2011 - 04:54 | 2000320 The Navigator
The Navigator's picture

The whole reason I don't watch TV is this gutter rat - a puppet, telling lies.

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