BANZAI7 FOOD AND BEVERAGE WARNING!
While there is no exact constant in economics, the stability of gold’s purchasing power is unprecedented...
The ECB president brazenly “refused to answer questions” regarding Deutsche Bank during a closed-door meeting in the German parliament.
The farce is ending. Watch the Senate vote on the debt ceiling live below. The vote is expected to pass comfortably.
Oh goody, the "Asshats and Useful Idiots" channel is back on.
Who brought the popcorn and beer?
NO! I will not watch this political porn anymore
Take two Prozac and return when it's in your blood stream. And next time stay on your meds like all the other mindless idiots.
I love my Congressional Critters.
The only thing that matters is market reaction to the pass.
4:1 put/call ratio on SPY August options. Nice moment to squeeze shorts. Just saying.
Hooray! I got my $17 trillion dollar or bust debt hat on and a bucket full of confetti.
Bring on the Moody's and S&P downgrades!
Oh, and of course, to Speaker Boehner and Senator McConnell...it's resignation time. Let's get ready to Rumba!
I like the hat idea; it reminds me of the sponsor patches plan. All these political pieces of shit should have to wear a sponsor(campaign contributor) suit like NASCAR drivers(maybe outfit all of their personal vehicles too), and a hat that says, "I indebted you and your children X Trillion dollars in 2/4/6/ short years".
How about taking it one step further, and making them wear hats with constantly-updating digital displays showing the total amount they have personally contributed to the national debt based on their votes.
Speaking of hats:
Looks like it might be time to once again dust-off those "DOW 10,000" hats.
DOW 10,000!!! WOOO HOOO!!!
Nice to have the vote planted right in the middle of the normal trading day. Time to follow market reaction in real-time.
ASK WHY, bitches! -
meanwhile in europe:
up next: italy will have to save their banks, then downgraded, bonds plunge, germany to save italy ...the show must go on
uh-oh...beer run...tell them to wait like 5 mins, k...thanks...
"Satan Sandwiches" all around!!!
Wow, it was really great for them to work so hard and get this done the day before we defaulted. /sarc
This is merely the denouement of the play. Tomorrow they can go back to finding better ways to screw our grandkids.
Pretty sure today is when they bend our great grandkids over a barrel.
No thank you I'm about to eat lunch and I'd like to keep it down.
they should call it "raising the roof" it would garner more support from the public
Nothing new, unfortunately... just words "No, we can't"
Where's the promised filibuster?
Super Committee is the Cat Food Commission
JANE HAMSHER, firedoglake at gmail.comHamsher, founder of the blog FireDogLake, just wrote the piece “Whip the Super Congress: Call and Ask Your Member of Congress if They Like Their Job.” which states: “You won’t find a Super Congress mentioned anywhere in the Constitution. It will be an elite body of 12 members of Congress who write legislation behind closed doors and then announce it to the public. Whatever they decide will then be fast-tracked through both chambers, where it can’t be amended by simple, regular lawmakers.
“This is the ‘Catfood Commission’ on steroids.
“The creation of a ‘Super Congress’ is how Congress intends to insulate themselves from taking unpopular votes to cut Social Security and Medicare benefits — by investing a small group of elites with extraordinary powers, and then tying their own hands from stopping them.”
It is but another step toward executive dictatorship...almost there now.
Long live the Politboro.
NRA: The Untold Story of Gun Confiscation After Katrina
Listening to Rush today. As he did yesterday, sounds like he is drunk, has had a mini stroke, or is on serious medication.
That makes today different from any other day how, exactly?
How many will vote No ?
Bill will pass
Markets will spike (for a day or 2)
PMs get taken down(for a day or 2)
Moody's /SP find a reason not to downgrade at this time
Predictions will be effortlessly fulfilled.
BS Bill Passes
Markets hiccup then continue DOWN
"Just as a dog returns to his vomit, so does a fool return to his folly."
Really, did anyone seriously think there'd be a political way out of this decades-old bankster shitpile?
Only one or two chances left to vote out ALL of these cowards/idiots/thieves before the SHTF.
Bitch McConnell is a maggot.
WE CAN NOT LET THIS STAND!!!
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