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Time To Trim Q1 GDP Forecasts: Boehner Expects House To Reject Payroll Tax Extension
As we noted earlier, in his live statement, Boehner just said that the House will reject the Senate-proposed 2 month payroll tax extension, via BBG:
- HOUSE SPEAKER BOEHNER EXPECTS HOUSE TO DISAGREE WITH SENATE
- BOEHNER: 'IT'S TIME TO STOP THE NONSENSE' ON SHORT EXTENSION
- BOEHNER: HOUSE PASSED A 'REASONABLE BILL' ON TAX-CUT EXTENSION
- BOEHNER SAYS HOUSE WILL VOTE ON SENATE PAYROLL TAX BILL TONIGHT
- BOEHNER SAYS HE EXPECTS HOUSE-SENATE CONFERENCE ON TAX CUT
It is time to cut those Q1 GDP forecast as time is running out, and the GOP obviously is hell bent on making the Obama economy as ugly as possible heading in the election year.
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Santas Rally Sleigh had links to 9-11, shot down by Predator drone.
his first stop was always Mecca
Speaking of drones, here's how the Iranian alledgely took down the US drone using a man in the middle exploit, and jamming. It's quite ingenious.
http://www.csmonitor.com/World/Middle-East/2011/1215/Exclusive-Iran-hija...
I've wondered if something like that was possible. Wireless remote warfare is fatally flawed. Expect all those drones to be sold to US law enforcement agencies and used on you, as they will be worthless to the military soon.
What a charlie-foxtrot!
Now begins the crying game...these political invertebrates will pass this bill -- the last thing they want is to be saddled with a "mean-spirited Republican" hit piece on The View or The Daily Show.
http://weaselzippers.us/wp-content/uploads/2011/05/Boehner_crying.jpg
It will get passed. The proper pork has not been passed around. Settle down.
Good. QE3 in Q1 and gold to the moon Alice.
http://vegasxau.blogspot.com
How can they make the economy any uglier than it already is? Wait, don't answer that.
House will vote on Senate Payroll Tax bill????
I THOUGHT ALL TAX BILL HAD TO ORIGINATE IN THE HOUSE?????
LOL like they care about the constitution.
Obama should be crucified like his pals crucified jesus 2000 years ago!
However the GOP are right in that it is ridicilous to have a 2 month extension, make it perm to save xmas!
Obama hangs out with italians?
Romanii eunt domum!
Time for QE3 and QE4 before the election.
Wow - how exciting! I wonder if there will be a cliff-hanger, edge-of-the-seat, last minute compromise agreement? That's never happened before.
Republican'ts hand Obama his ass yet again. [yawn]
Thank you for your generous donation to the Ron Paul 2012 Presidential Campaign Committee. Your contribution to Ron will help fuel the fight to return this country to the principles that made it great.
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Boehner must be insider trading this like a good bear. All GOP short profits go to GOP Prez campaigns.
Boehner and Co. had no problem passing the Indefinite Detention Bill 93-6, so dont believe this BS that its 'party politics'. The endgame is already written and it has nothing to do with an election, although theyll gladly let people keep believing that.
Why should our political overlords give a flip?
They DON'T EVEN PAY SocSec payroll taxes.
HA HA HA -- 'We feel your pain' (vicariously).
* pops a bonbon and swills more cognac *
more bonbons, more cognac & then maybe they can have a Kim Jong Bong
http://www.ssa.gov/history/hfaq.html
I'm sure it's just a lie propagated by the enemies of Ron Paul and the anti "Truth" cabal.
What do you know, ALL politicians are tax and spend, same as it ever was.
sad day in America when Cramer says to invest in retail stocks because people in America who have stopped paying their mortgage have disposable income due to the extension
More CNBC / Onion healdlines: Stocks Higher Despite Troubles
CNBC reduced to calling +20 on the DOW a 'Santa Rally'....LOL dance whores, DANCE!
Ron Paul annihilating Newt in Iowa and New Hampshire.... Ron Paul 2012 or WW3, your choice America.
I will take RP any day--despite the abortion thingy.
Media beside themselves, Brett Bair on Fox News said even if Ron Paul wins, it doesnt count.
OH I see! Zeig Heil!!
I don't know, Newt is twice the man, at least by forty pounds. Infidelity, lying, corruption - all of these are important leadership traits.
abortion thingy? You mean the Malthusian eugenists errr I mean progressives plan to depopulate the world? Bwahahaha don't listen to your tv and past teachers so much. Once the killing of one form of human life becomes accepted (as you seem to have done), society will move on to another..like euhenasia for the sick and elderly.
Question is what is the next group to be attacked so that you can keep the comforts of modern life?
The xenophobe might give you WWIII & IV!
Better off making him Treas Sec and let him downsize his own dept!
"GOP obviously is hell bent on making the Obama economy as ugly as possible heading in the election year"
So if a relative you don't like doesn't give your crack whore daughter who is 38 but looks like 68 any more crack, will it make her look more ugly?
"...and the GOP obviously is hell bent on making the Obama economy as ugly as possible heading in the election year".
I think it's more that the GOP is not wanting an artificial bounce in the economy to fool the stupid American public that things are all fine-n-dandy.
IMO the GOP, or the American people, have not done enough throwing shit back in Obama's face about all the lies, deceipt and dishonor. Hold the idiot's feet to the fire and keep him from being relected.
Anything that the RepubliCrats do is pre-planned.
da fuck is this rally????
So I guess Tyler must think the democrat's intentions are virtuous?
I am surprised to see him impugn one side's motivation and not the other's. I guess this Tyler is a democrat.
I guess the republicans could not possibly be standing on principle here, unlike the democrats.
The republicans are actively planning to harm the economy and the democrats are trying to save it.
Nice meme.
Thats why I avoid all politics. When politics becomes part of the equation, EVERYONE turns full retard.
Those who survive this will be the quick and nimble and totaly non-political. Politics is a puppet show to keep the sheeples attention diverted.
The only thing they are standing on is our necks. it is a mathematical and historical impossibilty for either party to stand on principle
And this is why the gov't should be held to the limits of the Constitution.
A little thin skinned this morning, aye?
I think the point is that either team remains quite content to do the 'wrong thing' for the country if it gives them a leg up in the next election. He is merely pointing out a good example of short-termism thinking on the part of our politicians to the detriment of our society as a whole.
TD is correct, nothing would please the Red team more than to be able to keep the economy in the gutter during Obummers re-election campaign.
and the amazing part will be if the red team scores a touchdown, they will take over, and just like the blue team, blame the pathetic, cancerous, criminal economy on the old blue team leader until of course the public no longer buys it yet all the while never putting together the never ending cycle
Yup.
"and the GOP obviously is hell bent on making the Obama economy as ugly as possible heading in the election year..."
please. throwing more shit in an outhouse is not going to make it look worse than it already is....
BAC new low at 5.01 today
is that the executives' stock value or their breath alcohol?
So, if you believe SS was worth saving then reducing its sole funding mechanism makes little sense and if you want to end it doing anything to stabilize it is stupid, so basically its stupid people arguing over who is dumber.
Frankly, I don't give a damn! Either way it was a stunt from the get-go so WGAFF?!
...the GOP obviously is hell bent on making the Obama economy as ugly as possible heading in the election year. Give me a break!!!!
As if the DEM bulbs weren't HELL Bent on tanking the US Economy under Bush-43 heading into the 2007-2008 election year.
The DEMS succeeded beyond all expectations and four years later, they continue to blame Bush.
The Christian Science Monitor is neither Christian nor Scientific ! They are more anti-American, pro-Marxist than our regular MSM ! They think their name lends credibility....but it doesn't ! If the drones are compromised....the war is over ! The drones are still flying ! The Iranians put on a brave face....but their embassy invasion tantrums tell the real story ! Monedas 2011 Comedy Jihad Bush Legacy Is Still Fucking With Them !
John has balls, thank you John!
what, the 2-month extension isn't long enuf, john?
someone didn't contribute, yet?
listen: vote yourselves raises and extra benefits and go tf home before you make everything worse!
I cannot begin to describe how insane is this idea. Declining revenues while increasing debt amidst an economic catastrophe.
Then again, consider the source (a US politician bent on winning votes), and it doesn't seem so insane as it does at first glance, now does it?
Par for the course. How apt. Perhaps these dipshits should stage another "Fairway Summit" over some Heinekens and cheeseburgers.
Dear Nero - your fiddling is beginning to irk me as much as this billowing and thickening smoke.
Winning, for my shorts
And all you Americans that talk about difficulties in the EU about getting something serious out of the not so democratic EU.
Well just look at the farse your elected leaders are displaying.
GOP, and DEMS you make a fool of yourselves.
Who needs a prayroll tax cut? Do they have payrolls in heaven?
I wonder if we will see Boehner shed some more crocodile tears on TV over this...after which he and Obama can retreat for the weekend to Bohemian grove and plot out ways to fuck everybody heading into the new year.
think either of these parasites give a shit about something as quaint and outdated as elections?
all they care about is serving their masters who are one and the same, so when they no longer have to be inconvenienced by dealing with the surfs their descent from on high will be a gentle glide down under parachutes of platinum.
politicians in Washington are not voted into and out of office they are hired and dismissed, we just so happen to still be laboring under the delusion that our vote is for any other choice than teleprompter A or teleprompter B.
personally I could give a shit less what Boehner thinks or says about any given subject, he's an empty suit just like Obama and just hearing either of their names and seeing their faces on TV instills the urge to vomit.
but what really is disheartening is when Americans argue over which one, which party is right or wrong, neocons and libtards, red vs blue, R vs D, it's all just a game to the PTB's and so many Americans just keep playing along no matter how many times, in how many different ways they prove over and over that there is no difference.
we get the government we deserve and sadly I believe that will again prove true in 2012.
Actaully, I think it is being signed.
The GOP passed something closer to what BHO asked for (extending one year) than what the Democrats passed in the Senate.
In this instance not sure how the GOP can be viewed as trying to make the Obama economy worse. Plus the GOP threw in a jobs producing pipeline to boot. The one year payroll tax cut is generally a bad idea (I mistakenly thought SS was already broke), but the GOP passed it at BHO's request.
Can these guys ever get anything done? How is it possible for such a tiny minority in the house to block such an important bill. We are in the middle of an economic collapse, and it seems that these politicians are doing nothing about it.
The House passed what the President asked for (one year extension). It was the Senate who blocked passage of the one year House bill by changing the one year to two months (which is absurd tax policy). The Senate then decided to recess so they could not work it out in joint conference committee.