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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 | Link to Comment LedMizer
LedMizer's picture

Good.

Fri, 09/23/2011 - 11:17 | Link to Comment 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

 

<sarc>

Fri, 09/23/2011 - 11:20 | Link to Comment 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 | Link to Comment 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 | Link to Comment 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 | Link to Comment 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 | Link to Comment 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 | Link to Comment 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 | Link to Comment 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:

 http://www.youtube.com/watch?v=-tfsxCeC9m0

Fri, 09/23/2011 - 11:42 | Link to Comment 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!

BUY SILVER!

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

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

[/sarc]

Fri, 09/23/2011 - 11:44 | Link to Comment 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 | Link to Comment 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 | Link to Comment DaveyJones
DaveyJones's picture

unfortunately, more like you wish

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

Fan-fucking-tastic.

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 | Link to Comment covert
covert's picture

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

http://covert3.wordpress.com

 

Fri, 09/23/2011 - 11:15 | Link to Comment 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 | Link to Comment 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 | Link to Comment 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 | Link to Comment economessed
economessed's picture

This is the best leadership money can buy!

Fri, 09/23/2011 - 11:19 | Link to Comment 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.

ORI

An Upper and  Downer or three

Fri, 09/23/2011 - 11:24 | Link to Comment 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 | Link to Comment Oh regional Indian
Oh regional Indian's picture

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

Fri, 09/23/2011 - 11:46 | Link to Comment 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 | Link to Comment 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 | Link to Comment 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 | Link to Comment lolmao500
lolmao500's picture

Automatic of course.

Fri, 09/23/2011 - 11:16 | Link to Comment 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 | Link to Comment 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 | Link to Comment 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 | Link to Comment PicassoInActions
PicassoInActions's picture

ALready priced in....

Fri, 09/23/2011 - 11:16 | Link to Comment ZeroPoint
ZeroPoint's picture

It's not over until they empty the jails.

Fri, 09/23/2011 - 11:17 | Link to Comment Caveman93
Caveman93's picture

Closed for business bitchez!

Fri, 09/23/2011 - 11:17 | Link to Comment GeneMarchbanks
GeneMarchbanks's picture

Yeah, the Euro is fucked...

Fri, 09/23/2011 - 11:19 | Link to Comment DormRoom
DormRoom's picture

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

Fri, 09/23/2011 - 11:45 | Link to Comment CrockettAlmanac.com
CrockettAlmanac.com'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 | Link to Comment docmac324
docmac324's picture

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

Fri, 09/23/2011 - 11:19 | Link to Comment 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 | Link to Comment shazbotz
shazbotz's picture

VIVA LA REVOLUCION!

Fri, 09/23/2011 - 11:19 | Link to Comment 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 | Link to Comment 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 | Link to Comment I Got Worms
I Got Worms's picture

Nuke it from orbit.

Fri, 09/23/2011 - 11:45 | Link to Comment lolmao500
lolmao500's picture

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

Fri, 09/23/2011 - 11:45 | Link to Comment 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 | Link to Comment Ancona
Ancona's picture

Yawn.

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

Fri, 09/23/2011 - 11:20 | Link to Comment swamp
swamp's picture

Pleeez shut the damn thing down. For good.

Fri, 09/23/2011 - 11:20 | Link to Comment 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 | Link to Comment 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 | Link to Comment 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 | Link to Comment Killtruck
Killtruck's picture

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

Fri, 09/23/2011 - 11:31 | Link to Comment 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 | Link to Comment 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 | Link to Comment 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 | Link to Comment 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 | Link to Comment 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 | Link to Comment Howard
Howard's picture

Finally a free country again!

Fri, 09/23/2011 - 11:24 | Link to Comment 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 | Link to Comment Agent P
Agent P's picture

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

Fri, 09/23/2011 - 11:24 | Link to Comment 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 | Link to Comment g speed
g speed's picture

a non-existing gov't is good govt

Fri, 09/23/2011 - 11:24 | Link to Comment 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.

pods

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

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

Fri, 09/23/2011 - 11:26 | Link to Comment 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 | Link to Comment Esso
Esso's picture

You spelled that wrong.

It's gooberMUNT. As in c*nt.

Fri, 09/23/2011 - 11:48 | Link to Comment 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 | Link to Comment Loonie
Loonie's picture

Nice time stamp.Nuff' said.

 

Fri, 09/23/2011 - 11:24 | Link to Comment 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 | Link to Comment vast-dom
vast-dom's picture

WTF is happening to SILVER?

Fri, 09/23/2011 - 11:43 | Link to Comment 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 | Link to Comment 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 | Link to Comment 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 | Link to Comment 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 | Link to Comment 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 | Link to Comment 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 | Link to Comment 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 | Link to Comment 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 | Link to Comment 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 | Link to Comment 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 | Link to Comment 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 | Link to Comment 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.

http://www.fundmymutualfund.com/2011/09/video-jim-rogers-talks-to-cnbc-a...

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

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

Fri, 09/23/2011 - 11:47 | Link to Comment 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 | Link to Comment 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 | Link to Comment Fred123
Fred123's picture

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

Fri, 09/23/2011 - 11:49 | Link to Comment Jumbotron
Jumbotron's picture

The Police State never rests my friend.

Fri, 09/23/2011 - 11:43 | Link to Comment 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 | Link to Comment 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 | Link to Comment 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 | Link to Comment 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 | Link to Comment 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 | Link to Comment Robslob
Robslob's picture

Then all your Bibles are belong to us...

Fri, 09/23/2011 - 11:55 | Link to Comment 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 | Link to Comment 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 | Link to Comment 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 | Link to Comment 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 | Link to Comment yabs
yabs's picture

SRV cripple the economy?

its better off without them

Fri, 09/23/2011 - 11:58 | Link to Comment 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 | Link to Comment 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 | Link to Comment Crassus
Crassus's picture

"Well and truly shut down"

Nice Cromwellian language.

Fri, 09/23/2011 - 12:01 | Link to Comment 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 | Link to Comment Conax
Conax's picture

- - - Never mind.

 

 

Fri, 09/23/2011 - 12:38 | Link to Comment 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 | Link to Comment LookingWithAmazement
LookingWithAmazement's picture

Shutdown, collapse, armageddon. Heard many times before.

Fri, 09/23/2011 - 13:08 | Link to Comment kdervin
kdervin's picture

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

Fri, 09/23/2011 - 21:05 | Link to Comment 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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