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The US Government Is About To Shut Down Following Continuing Resolution Fiasco

Tyler Durden's picture


Last night a GOP controlled Congress passed the Continuing Resolution bill which would provide funding for the government past the end of the Sept 30 fiscal year end. To pass it, Boehner invoked clauses which antagonized Democrats even more. Which is why now that the bill is in the Senate, it appears to have hit a dead end. As Goldman explains, today the bill will likely die, which means that with a one week recess coming up from the government next week, government is about to be well and truly shut down.

From Goldman's Alec Phillips:

Senate likely to vote down House-passed continuing resolution.  The House passed legislation late last night to keep the government running through Nov. 18, in the absence of longer-term appropriations measures that are unlikely to be enacted ahead of the start of the new fiscal year on October 1.  This vote gained some attention after the initial vote in the House failed due to a combination of Democratic and conservative Republican opposition.  The discord will continue today, as the Senate looks very likely to vote down the House’s version of the bill, which includes a smaller amount of funding for FEMA to provide disaster aid (and the cost of this funding is offset with cuts to renewable energy programs). The Senate will most likely take up its own bill instead, which provide about double the disaster aid (the difference between the chambers is about $3.5bn) and does not offset the cost.  While a government shutdown seems like a bigger risk than it did a few days ago, this still looks unlikely.  

Alas, unlikely in DC means certain. And with the republicans pulling all stops to make the president look powerless, we are confident the US will enter the next fiscal year in full shutdown status.


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Fri, 09/23/2011 - 11:12 | 1701263 LedMizer
LedMizer's picture


Fri, 09/23/2011 - 11:17 | 1701296 Frog-And-Toad
Frog-And-Toad's picture

Don't you have a heart?!? 

Think about all of the poor government contracts this will put in jeopardy!   Those jobs are our only way to recovery, and you're saying good?!? 

For shame good sir



Fri, 09/23/2011 - 11:20 | 1701331 SWRichmond
SWRichmond's picture

Yes, and what of all the newly-minted $100,000+ jobs?  What will these poor bastards do? 

Fri, 09/23/2011 - 11:41 | 1701435 TruthInSunshine
TruthInSunshine's picture

Shut the entire thing down.

For every $1.42 the federal government spends, typically on rubbish at prices 280% above what any sane private company could procure the same thing for, they expend $1 of revenue they've received (i.e. forcibly extracted) and 42 cents of borrowed monies (i.e. we'll just sell some more bonds so we can keep dishing money out to FOGRF [Friends of Government Officials/Regulators/Federal Reserve Officials]).

It's insanity and graft of a epic proportion knowing no historical precedent.

Shut the sickness down.

Fri, 09/23/2011 - 11:45 | 1701468 crazyjsmith
crazyjsmith's picture

Yeah, exactly.  Kind of like saying the cancer is going into remission.  That is usually good news, unless you are Big Pharma.   

Fri, 09/23/2011 - 12:57 | 1701919 SilverRhino
SilverRhino's picture

It's not a real shutdown until SS, pension and welfare payments are suspended.   THEN we'll see some real action.

It also seems like these idiots in Washington DC have forgotten rule one regarding empire: Pay your fucking TROOPS.

Fri, 09/23/2011 - 13:08 | 1702000 Flakmeister
Flakmeister's picture

Yep.... just a minor detail... Not to mention the guys that run the air traffic...

Fri, 09/23/2011 - 11:23 | 1701344 daxtonbrown
daxtonbrown's picture

I live in Vegas and know just how corrupt Harry Reid and the solar scam are. Shut it down.

Fri, 09/23/2011 - 11:25 | 1701357 Frog-And-Toad
Frog-And-Toad's picture

But those solar jobs are going to be around for years to come... This guy told me so:

Fri, 09/23/2011 - 11:42 | 1701443 Mr Lennon Hendrix
Mr Lennon Hendrix's picture

Shut it down!  This is not our government!  This government is run hand over fist by the Banking Houses of Walled Street.  It is they who send your children to war.  It is they who have destroyed your wealth.  It is they who took your freedom.

They have done this by instituting an unconstitutional incme tax.  They have done it by taking away real monie from the pockets of each of us.  They have done it by shorting our rights and freedom.  And this is how they have done it:

To have a short position, someone either needs to own the security, or needs to be able to locate it; the latter is when we call it a 'naked short'.  There is not enough gold bullion to locate to justify their short positions.  This mean that their shorts are unqualified.  So if the CFTC ever decided to be a properly run government organization (they won't be) then they would regulate the shorts, sanction JPM et al, and nix the shorts.

Yet, just like in life, reality always descends eventually.  There will be a time when traders understand what is happening, and there will be a panic move to get physical.  I don't think this will happen until gold is in the range of $3300-$5k.  Once it does there is no top on gold.  It could go to $10k, it could go to $40k, it may very well take the dollar under and its price be invaluable.

To put this in context, look at oil.  Who bought the SPR release, and why?  JPM did, so they could locate their shorts.  The oil market is better regulated than gold, and so they needed to prove their shorts.  Thus Obama did another favor for the Banking Houses and greenlighted the release; JPM bought the oil and stashed it offshore, and JPM bought their short positions.

Of course, there is a direct way to go after these measures, and that is by buying physical silver.  Silver trades with oil 1:1 on the long term.  Oil trades inversely 1:1 with the dollar on the long term.  Take a position on silver, and you take the most promising short position against the dollar possible.  Shorting the dollar is the final battle, because it is the dollar that holds the world from reclaiming its prosperity.  The dollar backs the Banking Houses; it is their only weapon in the financial war that has destroyed the America our fore fathers built.  The dollar, and the corporations that back it, is exactly why this great country was founded. 

It funds the war machine, and it is the war machine that is Wall Streets prize possession.  Without it, Wall Street has no power over the oil producing States.  The dollar is soaked in the blood of young Americans who have been stricken by poverty and had little options available.  The catch 22 of the dollar has pitted America against itself.

Victory will be had by real monie, because the dollar has no backing and is an amalgamation of creative thinking.  Alchemy took hold of money after the philosopher's stone failed.  The dollar has no intrinsic value; it has no general worth and is merely an IOU.  The dollar is backed by lies.

Silver is real monie.  This real monie has had the same short positions unjustly levied against it.  Since silver is cheap, it is rather easy for us to target.  It is the belly of the beast.

I will be visiting the coin store today, and I will be buying with both hands.  I believe that our best hope to take the Banking Houses down is to take possession of silver.  This because silver is a very industrial commodity and if we squeeze the physical market the price will rise.  Then, when the price rises due to supply constraints, JPM's shorts will crush their balance sheet- this has already been happening over the course of the last year and a half, since we started our movement.  So please, join me, take down the Banking Houses, take back your monie and wealth, and take back your freedom!


Fri, 09/23/2011 - 11:40 | 1701423 Jonas Parker
Jonas Parker's picture

There goes Granny's Social Security check again... no, wait! That money's in a trust fund!  Whew!


Fri, 09/23/2011 - 11:44 | 1701453 Frog-And-Toad
Frog-And-Toad's picture

Aha, because they spend it and the money is not in a trust fund! That is why it is funny right?


Sick fucking bastards... Have fun on vacation... We'll be waiting for you when you get back

Fri, 09/23/2011 - 11:44 | 1701456 Bruce Almty
Bruce Almty's picture

Think of all those $16 muffins that will go unsold. Shut it down.

Fri, 09/23/2011 - 11:31 | 1701392 DaveyJones
DaveyJones's picture

unfortunately, more like you wish

Fri, 09/23/2011 - 11:37 | 1701414 I Got Worms
I Got Worms's picture


Takes a bit of the edge off of the repeated kicks to the jimmy silver and gold are currently suffering.

Fri, 09/23/2011 - 12:20 | 1701684 covert
covert's picture

the only problem is that it will not stay shut down or die.


Fri, 09/23/2011 - 11:15 | 1701271 camaro68ss
camaro68ss's picture

shut this bitch down!

Each day the goverment is shut day, is an extra day of liberty!

Fri, 09/23/2011 - 11:30 | 1701387 bigdumbnugly
bigdumbnugly's picture

if the gov't does shut down will all those ahole pols be forced to walk among us in the community?

i see an upside here - past the obvious.

Fri, 09/23/2011 - 11:38 | 1701402 crazyjsmith
crazyjsmith's picture

Does this mean my Buddy's Fart Farm in California won't get it's $1 Billion dollar Gov't "Loan"?

He'll be bummed. 


Fri, 09/23/2011 - 11:14 | 1701273 economessed
economessed's picture

This is the best leadership money can buy!

Fri, 09/23/2011 - 11:19 | 1701319 Oh regional Indian
Oh regional Indian's picture

More lockdown Shennanigans. Have to keep people dis-tracted from seeing their lives crumbling around them, as thier virtual lives get better and better.

Seems to me like Virtual Reality is Civilization 2.0. Transhumans.


An Upper and  Downer or three

Fri, 09/23/2011 - 11:24 | 1701353 jdelano
jdelano's picture

My prime motivation for holding pms is so that when the whole country looks like Detroit I'll be able to afford a warcraft subscription and check out of this craphole entirely.

Fri, 09/23/2011 - 11:29 | 1701384 Oh regional Indian
Oh regional Indian's picture

Haaaah! Nice goal jdelano, lean forward now...

Fri, 09/23/2011 - 11:46 | 1701470 Antipodeus
Antipodeus's picture

Civilization 4 Rise of Mankind is way better, Man!  But I've never been happy with the way they model the rivers.  ;=))


Fri, 09/23/2011 - 11:14 | 1701275 firstdivision
firstdivision's picture

If Goldman is saying the bill will die, I'm thinking it may be opposite day (which is everyday at GS)

Fri, 09/23/2011 - 11:15 | 1701282 TJ00
TJ00's picture

If the US government shuts down does that mean there is no one to pay the coupons and principle on their bonds so causing a default or is it all automatic?

Fri, 09/23/2011 - 11:42 | 1701439 lolmao500
lolmao500's picture

Automatic of course.

Fri, 09/23/2011 - 11:16 | 1701284 guasilas
guasilas's picture

Well, let's hope first funding the treasury cuts is that to the senate and house of representatives, and then to the white house. That should provide plenty of entertainement.

Fri, 09/23/2011 - 11:16 | 1701285 falak pema
falak pema's picture

lol, maybe the world should elect Mah Abbas as leader, to generate a sense of urgency. All these other shills are on soma pills; on both sides of the pond! Anybody there...???

Fri, 09/23/2011 - 11:16 | 1701289 guasilas
guasilas's picture

Well, let's hope first funding the treasury cuts is that to the senate and house of representatives, and then to the white house. That should provide plenty of entertainement.

Fri, 09/23/2011 - 11:16 | 1701290 PicassoInActions
PicassoInActions's picture

ALready priced in....

Fri, 09/23/2011 - 11:16 | 1701293 ZeroPoint
ZeroPoint's picture

It's not over until they empty the jails.

Fri, 09/23/2011 - 11:17 | 1701298 Caveman93
Caveman93's picture

Closed for business bitchez!

Fri, 09/23/2011 - 11:17 | 1701301 GeneMarchbanks
GeneMarchbanks's picture

Yeah, the Euro is fucked...

Fri, 09/23/2011 - 11:19 | 1701312 DormRoom
DormRoom's picture

so is gold & silver.  All hail the comeback of the USD.

Fri, 09/23/2011 - 11:45 | 1701469's picture

Get out of your dorm room and attend a math class. Silver is up 54% this year against the dollar and gold is up 29%.

Fri, 09/23/2011 - 11:18 | 1701307 docmac324
docmac324's picture

Come on now, the market is up.  Can't be THAT bad....

Fri, 09/23/2011 - 11:19 | 1701309 Racer
Racer's picture

Ah more very bad news for the market to soar on.

As long as they can squeeze the AAPL shorts nothing else matters

Fri, 09/23/2011 - 11:19 | 1701314 shazbotz
shazbotz's picture


Fri, 09/23/2011 - 11:19 | 1701318 espirit
espirit's picture

Buy the rumor, sell the news. Potential shutdown is "bullish" for the markets.

What a sicko world we live in.

Fri, 09/23/2011 - 11:20 | 1701324 FunkyMonkeyBoy
FunkyMonkeyBoy's picture

You can't shutdown the most evil entity on the planet!

In God we Trust.

Fri, 09/23/2011 - 11:39 | 1701424 I Got Worms
I Got Worms's picture

Nuke it from orbit.

Fri, 09/23/2011 - 11:45 | 1701461 lolmao500
lolmao500's picture

Just to be sure... and because they just deserve it.

Fri, 09/23/2011 - 11:45 | 1701463 johnQpublic
johnQpublic's picture

kinetic weapon from orbit would be just as effective without the longterm issues


just sayin'

why create a new problem solving the old one

we've seen how that works when they bailed the ...oh never mind

Fri, 09/23/2011 - 11:20 | 1701325 Ancona
Ancona's picture


Wake me up when Greece implodes. I'm going back to sleep.

Fri, 09/23/2011 - 11:20 | 1701328 swamp
swamp's picture

Pleeez shut the damn thing down. For good.

Fri, 09/23/2011 - 11:20 | 1701329 BigJim
BigJim's picture

Hmmm. Will the USD and USTs still be seen as a 'safe haven' if this happens? No... if this happens, I think it would truly precipitate collapse.

So it won't be allowed to happen.

Fri, 09/23/2011 - 11:20 | 1701330 Cassandra Syndrome
Cassandra Syndrome's picture

Government Shutdown is such a soothing and relaxing sequence of words.... deep blue ocean.....dolphins.........government shutdown.....state of nirvana......

Fri, 09/23/2011 - 11:55 | 1701536 Hurdy Gurdy Man
Hurdy Gurdy Man's picture

government shutdown = no blue oceans, no dolphins, no nirvana, but a bunch of people enacting their Hobbsian praetorian society nightmares sold by gunmakers and costco

Fri, 09/23/2011 - 11:21 | 1701334 Killtruck
Killtruck's picture

If the government shuts down, do the SNAP cards still work?

Fri, 09/23/2011 - 11:31 | 1701390 Agent P
Agent P's picture

Yes, but the limit on each card is removed as it cannot be enforced.

(sorry, couldn't resist)

Fri, 09/23/2011 - 11:21 | 1701336 yabs
yabs's picture

planet ellenin is going to cause the wolrd to end on 27th apparently

Obama will be in a denver bunker by then

and now we have this

maybe not conspiracy after all

Fri, 09/23/2011 - 11:24 | 1701346 Cassandra Syndrome
Cassandra Syndrome's picture

Worst thing about that is, if your right, you can't come back here and loat about it saying "I told ya, so"!

Fri, 09/23/2011 - 11:22 | 1701339 Little John
Little John's picture

Does this mean the big O will quit campaigning  fighting for the middle class ?

(btw please don't report me to ATTACK WATCH)

Fri, 09/23/2011 - 11:42 | 1701438 I Got Worms
I Got Worms's picture

"I, I, I, I, I, I, I, I, I, I, I, I, I am a warrior for the middle class."

Was the microchip implanted in his brain skipping?

Fri, 09/23/2011 - 11:23 | 1701341 Howard
Howard's picture

Finally a free country again!

Fri, 09/23/2011 - 11:24 | 1701343 Spaceman Spiff
Spaceman Spiff's picture

Does this mean another downgrade is in the works?   And will republicans be solely to blame again (Like it was last time by most media accounts...with little attention paid to the mountain of debt)?

Fri, 09/23/2011 - 11:34 | 1701406 Agent P
Agent P's picture

You can't downgrade a AAAA entity, it's Nebraska state law.

Fri, 09/23/2011 - 11:24 | 1701347 El Gordo
El Gordo's picture

Send 'em all home at least until after Christmas (can I say that word anymore?).  No government is good government.  A do nothing government is good government.  A grid locked government is good government.  An unfunded government is good government.  How's that for a few good options?

Fri, 09/23/2011 - 11:32 | 1701398 g speed
g speed's picture

a non-existing gov't is good govt

Fri, 09/23/2011 - 11:24 | 1701348 pods
pods's picture

If this government was ever shut down it would be the worst possible thing.  People might realize that they in fact do not need an omnipotent federal government to make the sun rise.


Fri, 09/23/2011 - 11:25 | 1701356 SheepDog-One
SheepDog-One's picture

Eat your peas...or the boogeyman comes tonite! BOO!

Fri, 09/23/2011 - 11:26 | 1701349 SheepDog-One
SheepDog-One's picture

Great, shut down the Gooberment, it can only be a benefit for us!

Go ahead and shut it down, and stop the food stamps, welfare checks, and unemployment benefits going out....who are you DC assclowns trying to fool?

Seriously though, these constant fear-mongering tricks from the Gooberment puppets is just ridiculous....EVERY time theres the same damn script 'Ooo if we dont get our way and put the country in more debt, then we have no choice but to shut down'!

But there never really is a shutdown...politicians still get paid, pencil pusher agencies still get paid, cops still get paid...its all just fear mongering bullshit. So sick of it.

Fri, 09/23/2011 - 11:43 | 1701450 Esso
Esso's picture

You spelled that wrong.

It's gooberMUNT. As in c*nt.

Fri, 09/23/2011 - 11:48 | 1701490 Bobbyrib
Bobbyrib's picture

This amounts to different regions of the country battling for THEIR PORK, while trying to be a "fiscal conservative" when the other regions of the country request their pork.

Fri, 09/23/2011 - 11:24 | 1701350 Loonie
Loonie's picture

Nice time stamp.Nuff' said.


Fri, 09/23/2011 - 11:24 | 1701352 pacdm
pacdm's picture

they just got back from their summer break do they do any work in DC

Fri, 09/23/2011 - 11:26 | 1701369 vast-dom
vast-dom's picture

WTF is happening to SILVER?

Fri, 09/23/2011 - 11:43 | 1701454 Josh Randall
Josh Randall's picture

It has to get smacked down so it can not appear there is a safe haven other than USD -- there are other reasons but thats a quick and dirty explanation -- the paper SLV market is basically set arbitrarily everyday anyway, but that will change as soon as the collapse hits

Fri, 09/23/2011 - 11:46 | 1701475 Piranhanoia
Piranhanoia's picture

it is called crime.  It is an indicator that we go back to PM backed paper money real soon.

Fri, 09/23/2011 - 11:50 | 1701506 Bobbyrib
Bobbyrib's picture

I hope not, and I don't believe you are correct. There is too much fiat to cover with PM's. If the dollar is revalued to what it should be, there would be riots in the streets.

Fri, 09/23/2011 - 13:18 | 1702059 SilverRhino
SilverRhino's picture
Silver Bid: 30.48 Ask: 30.58 Change:  -6.00


GODDAMN it's getting CRUSHED!!!


Fri, 09/23/2011 - 11:26 | 1701370 Flakmeister
Flakmeister's picture

Serious question:

How long can the Treasury function without a continuing resolution? IIRC, the Oct 31 SS checks will "bounce".

Fri, 09/23/2011 - 11:32 | 1701393 SheepDog-One
SheepDog-One's picture

The only way this whole country runs now is by a constant series of debt emergencies and crisis, now only able to kick the can a few weeks at a time! The USA in a constant state of impending doom at any minute, midnite backroom 'deals' kick the can out another pay period covered, until the next one in a few weeks where chaos is only hours away unless we get our way and raise the debt ceiling etc. This is just stupid at this point.

Fri, 09/23/2011 - 11:42 | 1701437 swissaustrian
swissaustrian's picture

This is all like weimar in the early 1920s...

Constantino Bresciani Turroni´s book "the economics of inflation" describes this perfectly.

Fri, 09/23/2011 - 11:27 | 1701373 NEOSERF
NEOSERF's picture

Time to grow me a beard, get me a big cigar and an olive green army uniform with some kickass boots...Me and Joaquin Phoenix could do the late night shows and see if we can kick up some castrolike support

Fri, 09/23/2011 - 11:28 | 1701381 Vincent Vega
Vincent Vega's picture

If the government was shut down and the MSM didn't report it would anybody notice?

Fri, 09/23/2011 - 11:30 | 1701388 swissaustrian
swissaustrian's picture

Buy more treasuries everyone, after all this government is so damn solvent that it needs to shut down.

Fri, 09/23/2011 - 11:32 | 1701395 Buzz Fuzzel
Buzz Fuzzel's picture

No one will notice, especially if the media fails to inform as usual.

Fri, 09/23/2011 - 11:34 | 1701405 TraderMark
TraderMark's picture

Jim Rogers interview on CNBC last evening - despite despising the dollar he is currently long it.  Says world is worse shape than in 2008 due to governments shooting their load.  Worried about trade tensions and currency wars.

Fri, 09/23/2011 - 11:34 | 1701407 Takingbets
Takingbets's picture

"As Goldman explains, today the bill will likely die, which means that with a one week recess coming up from the government next week, government is about to be well and truly shut down."

I'm sure these fuckers will get paid too! I want to see a bill that drastically cuts all their salaries and retirement packages!! Like that will EVER happen!

Fri, 09/23/2011 - 11:35 | 1701411 stant
stant's picture

sat sunday !!!! two days only crazy mack daddys  going out of biz sale!!!discount solar panels and a cracked washington monument. to many items to mention!!!. somebody stop him!!! he sells them like he stole it!! 

Fri, 09/23/2011 - 11:39 | 1701421 Agent P
Agent P's picture

But if the government shuts down, how will congress "pass this bill"?

Fri, 09/23/2011 - 11:47 | 1701426 lolmao500
lolmao500's picture

Don't open till January 2013. If Obama is reelected or those shills Perry or Romney goes in, don't open till January 2017.

Fri, 09/23/2011 - 11:40 | 1701432 SRV - ES339
SRV - ES339's picture

These people (?) are willling to cripple the economy for political gain (and most on this site agree and cheer)... will we ever make it back through the looking glass?

Fri, 09/23/2011 - 11:43 | 1701444 Fred123
Fred123's picture

Hey,  now the kids can now open their lemonade stands without being harassed!!

Fri, 09/23/2011 - 11:49 | 1701498 Jumbotron
Jumbotron's picture

The Police State never rests my friend.

Fri, 09/23/2011 - 11:43 | 1701451 SteveGennisonBa...
SteveGennisonBallWasher's picture

I got my flame retardant lock box filled with silver, a few ounces of gold, a few thousand FRN's and a gun.  I dont give a shit what this market or government's politics does.  Fuck them all.

Fri, 09/23/2011 - 11:44 | 1701457 LongSoupLine
LongSoupLine's picture

sarc on/

It must not be important because CNBS is running a marathon "HP HAS A NEW CEO" interview.  Obviously if the global meltdown was anything of significance, then CNBS would be focused on it.

sarc off/

Fri, 09/23/2011 - 11:48 | 1701493 Spaceman Spiff
Spaceman Spiff's picture

I had to turn that channel off.    If the HP douche board member said Synergy one more time, I was going to reach through the tv screen and choke a bitch.

Fri, 09/23/2011 - 11:48 | 1701472 Jumbotron
Jumbotron's picture

BULLSHIT !!!!!!!  The Government is not about to shut down !

Between the socialists who wanted Government Control 24/7 and the ball-less Republicans who can't stand the politcal heat and the useless and marginalized Libertarians headed up by Ron Paul AND an electorate who bitch about government spending until their Medicaid, Medicare, Social Security, Food Stamps, FHA, Fannie Mae, Freddie Mac, shovel ready pork barrel project, ad infinitum, ad nauseum, are touched......

It will be shortly and always will be business as usual.....until we collapse....go full on Weimar Republic and a corn-pone Hitler comes to power.

Fri, 09/23/2011 - 11:46 | 1701473 Tsar Pointless
Tsar Pointless's picture

So here is the takeaway:

Natural disasters that hit the South as a matter-of-fact get money thrown at them, but natural disasters that affect the Northeast must be paid for in return for any federal funds.

In other words, those who pay the least yet get the most benefit from Federal Government spending in this country (the Southern states) won't agree to help those who pay the most get the least benefit from Federal Government spending in this country (the Northeast states).

"Bible Belt" my ass. More like Lucifer's Lapel.

Fri, 09/23/2011 - 11:53 | 1701522 Robslob
Robslob's picture

Then all your Bibles are belong to us...

Fri, 09/23/2011 - 11:55 | 1701537 Bobbyrib
Bobbyrib's picture

I have said this many times before and just said it again above. Prepare for the red arrows..

Fri, 09/23/2011 - 11:49 | 1701499 ex VRWC
ex VRWC's picture

With Air Force 1 grounded, Obama wll be reduced to twitter feeds.


Pass this bill  @Obama

Pass this bill  @Obama

Pass this bill  @Obama

Pass this bill  @Obama

Pass this bill  @Obama

Pass this bill  @Obama

Fri, 09/23/2011 - 11:50 | 1701507 mr1963
mr1963's picture

Less funding for FEMA = less traffic "lights" in chicago? WTF are we going to do?

Fri, 09/23/2011 - 11:51 | 1701512 Robslob
Robslob's picture




Watching the Government shut down would be as entertaining as watching a Boa swallow itself whole!

Fri, 09/23/2011 - 11:51 | 1701513 yabs
yabs's picture

SRV cripple the economy?

its better off without them

Fri, 09/23/2011 - 11:58 | 1701549 johnQpublic
johnQpublic's picture

i thought they had thats super congress/super committee for this shit


and why does this remind me of blazing saddles?

(congress with gun to head) step back or i'll shoot this nigger

maybe obama's sayin' it ,or is that racist?

Fri, 09/23/2011 - 11:58 | 1701550 disabledvet
disabledvet's picture

The technical term is "dies in committee." Washington unlike wall street doesn't specialize in cowboying all over the place. Indeed it took the entire federal government with everthing's it got to hold together our "chief financial risk officers.". And of course The Federal Government still is acting as basically the sole counterparty to our entire economy. Must be nice to have all those big bonuses!

Fri, 09/23/2011 - 12:01 | 1701574 Crassus
Crassus's picture

"Well and truly shut down"

Nice Cromwellian language.

Fri, 09/23/2011 - 12:01 | 1701577 espirit
espirit's picture

S & P downgrade when Bennie and the Inkjects start to print, in 3..2..1..

Fri, 09/23/2011 - 12:17 | 1701579 Conax
Conax's picture

- - - Never mind.



Fri, 09/23/2011 - 12:38 | 1701793 Peter K
Peter K's picture

Good. If only the Greeks had done this 5 years earlier, they wouldn't be in the mess they are in.

Fri, 09/23/2011 - 12:42 | 1701807 LookingWithAmazement
LookingWithAmazement's picture

Shutdown, collapse, armageddon. Heard many times before.

Fri, 09/23/2011 - 13:08 | 1701992 kdervin
kdervin's picture

If no government is good enough for Belgium, it's good enough for us.

Fri, 09/23/2011 - 21:05 | 1704148 Fuckin Floyd
Fuckin Floyd's picture

Turn out the lights, bitches. Uh-oh...I'm the last one.  Guess I'll pop another top and have a look around untill the satelite HITS ME IN THE FUCKING HEAD !

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