Trump Warns Of Debt Ceiling "Mess"; Blames McConnell, Ryan

Conveniently coming just as warned that according to the T-Bill market, the odds of a government shutdown are now the highest they have been this cycle, moments ago Trump tweeted what appears to be a warning that the debt-ceiling process is setting up for failure, saying he had requested that Mitch McConnell and Paul Ryan tie the debt ceiling legislation into the V.A. Bill (which passed), adding that they did not do it, and as a result we "now have a big deal with Dems holding them up (as usual) on Debt Ceiling approval. Could have been so easy-now a mess!"

The implication: the fingerpointing has begun over what even Trump now admits will be a debt-ceiling "mess" has begun, as has the scapegoating, and in Trump's view the blame will, or should, ultimately fall on Congressional Republican leadership in the face of McConnell and Ryan. While it is unlikely that Trump's latest escalation will accelerate a compromise, it virtually guarantees that the feud between the republican controlled Congress and the President will escalate further, effectively making either a debt-ceiling or government shutdown crisis increasingly likely.

Meanwhile, the stock market continues to blissfully ignore what the bond market is saying, which as we showed moments ago, has pushed the implied odds of a shutdown to the highest yet.

 

Comments

HopefulCynical order66 Thu, 08/24/2017 - 08:54 Permalink

I saw someone here, several months ago, speak disparagingly of the ZHers who think they are going to "load the F-150 with Pabst and silver coins, and go skeet shooting negroes in a target rich environment." I still think  that characterization is funny as fuck - and absolutely true, for more than a few of the folks here, whether they're serious or just LARPing Soros trolls.This machine has a lot of moving parts. "We don't need no water..." is fine for those of you who think you've got it all figured out, but what about for the folks who do not want the government to be doing what it's doing but have no earthly idea how to stop it, either? Should they just "burn, motherfucker, burn" because YOU GOTS YERS?

In reply to by order66

ejmoosa shovelhead Thu, 08/24/2017 - 09:35 Permalink

There's no incentive for Congress to do anything.  There's been no price paid for inaction.  Only when the voters boot their asses to the curb(McConnell, McCain, Ryan, and others) will the message begin to sink in.1/3 of the Senate is up for reelection next year.  Can we replace them all?  Are you willing to vote against your incumbents regardless of their party?If not, YOU are part of the problem as well.

In reply to by shovelhead

TheLastTrump (not verified) skbull44 Thu, 08/24/2017 - 09:31 Permalink

Included are the leftist shills that clearly cannot see one side of the story, but only repeat things they've heard from hyper biased sources. If you're spouting media narratives concerning Trump you've been captured by the DEEP SWAMP.

In reply to by skbull44

GUS100CORRINA TheLastTrump (not verified) Thu, 08/24/2017 - 10:00 Permalink

Trump Warns Of Debt Ceiling "Mess"; Blames McConnell, RyanMy response: Placing BLAME where BLAME belongs.NO LEADERSHIP leads to POOR or NO RESULTS!!!The LEGISLATIVE TROOPS on the hill are in REBELLION!!In addition, lack of inaction on HEALTHCARE has created a NIGHTMARE SCENARIO of EPIC PROPORTIONS!!! Current US HEALTHCARE situation is BLEEDING America DRY everyday!All FUTURE success hinges on HEALTHCARE. No HEALTHCARE REFORM means NO SUCCESS.THE END.May America R.I.P.

In reply to by TheLastTrump (not verified)

quadraspleen HopefulCynical Thu, 08/24/2017 - 09:18 Permalink

everywhere there's a winner, there's a loser..just the way it is..giving someone a free pass because "they have no earthly idea how to stop it" won't help them, and it also doesn't prevent someone with an ounce of common sense to start preparing for some shit to go down, does it?Just standing around going "what do I do?" was never a winning strategy..They need to stop pretending it'll all be ok, and go and do some critical thinking. And if they don't know what to do by now, even a little bit, after reading ZH for a few months, they never will ;-) (clue: it involves drinking shite beer and shooting things)

In reply to by HopefulCynical

HopefulCynical quadraspleen Thu, 08/24/2017 - 09:33 Permalink

Yes, but the folks I'm talking about don't read ZH. In a functional world, they wouldn't have to in order to survive decently.Those folks deserve a government that works for them too, so long as it does it without making beasts of burden out of those of us who choose to try harder, in the process. For now, I do believe Trump sees it that way too. Aunt Hettie just wants to knit sweaters for the kids, and Uncle Tim is happy working as an electrician. They don't want to spend their days obsessing over LIBOR, spot prices and backwardation. Why should they have to, simply because the government is infested with conniving parasitic scumbags?

In reply to by quadraspleen

HalinCA (not verified) HopefulCynical Thu, 08/24/2017 - 09:46 Permalink

Years ago it occured to me that unless I went along with the 'investing herd' there was no way I could ever retire confortably on my meager savings and work related pensions.  That's the evil horror of inflation.  ANY INFLATION AT ALL.Buit the thought of feeding parasites who got a cut regardless of the performace of the investment made me sick.  I really hate parasites.So I resigned myself to working until I die.  No regrets.A people who are forced into investing/speculating, instead of just savings, to have a decent retirement are just another type of slave. The banksters/money changers/'investment advisors' get their cut win lose or draw. They all need to be 're-educated' the way that Mao and the Cambodians ran the camps ...  the world would be a better place without them and people who aspire to be like them. 

In reply to by HopefulCynical

HopefulCynical JRobby Thu, 08/24/2017 - 09:12 Permalink

Exactly. He tried dynamite when he first took office; that didn't work. Now he's picked up a chisel. It's looking more and more like he's not backing down, and he isn't going to let not being able to do everything he wants to do, keep him from doing what he can.If Trump really were the Swamp, then the corporate media, Soros etc. wouldn't be continuing to go after him like it has. You wouldn't have Yertle making hometown speeches about how Trump has unrealistic expectations, when that old coot has to KNOW that he's on record as having promised to have a repeal/replace bill on Trump's desk first thing after inauguration.The Swamp is shitting itself in panic right now, because Trump is not going to stop unless they physically stop him - and so far, they can't.That Phoenix speech might as well have consisted of Trump simply walking out and saying, "I have a message for the Swamp. Eat a bag of dicks, you parasites. You're going down. Thank you very much, ladies and gentlemen. Good night."

In reply to by JRobby

MK13 HopefulCynical Thu, 08/24/2017 - 09:09 Permalink

The problem is people like McConell and Ryan - and there are points of light like Rand Paul. So vote out units of uniparty within GOP. Put kid rock in there, that ought to be entertaining.

And if you ever doubt the alternatives, think of Kamala 'I'm a commie' Harris or Oprah 'white people need to die' Wimphrey in the White House.

In reply to by HopefulCynical

HopefulCynical MK13 Thu, 08/24/2017 - 09:22 Permalink

I totally support Kid Rock for Senate. He's far from stupid, and I'll bet he'd catch on very quickly.And yes, we've had more that enough racist Marxist African folks in the WH for at least the next century. I'd be fine with someone like Allen West; I've read The Bell Curve but I also judge individuals as individuals. But almost all blacks in the public eye are rotten to their cores with Cultural Marxism.

In reply to by MK13

j0nx serotonindumptruck Thu, 08/24/2017 - 09:08 Permalink

It's evident to anyone with a brain that Ryan and McConnell are doing whatever they can to suck off dems and stall trumps agenda. Why are these guys still in leadership roles and not switching sides like the wva governor? They are already dems in all but name anyway so just go ahead and make it legit. The freedom caucus should already be maneuvering to take these two shitstains out like they did with cantor and boner. Remove about 5 or 6 of these pieces of shit that stall and stymie the conservative agenda and the other 5 or 6 of them that remain might fall in line.

In reply to by serotonindumptruck

MK13 j0nx Thu, 08/24/2017 - 09:12 Permalink

It's even worse than that.

If you think about it, 'conservative' like Theresa may has done everything to make sure Brexit doesn't happen - including trying to lose an election.

RINO GOPers are making Trump doesn't succeed - including losing midterms in 2018.

In reply to by j0nx

shovelhead MK13 Thu, 08/24/2017 - 09:35 Permalink

Don't believe it. All they're doing is moving the middle over to Trumps side.This Antifa horseshit is a blessing to the Trump Party. RINO's are going to be RINO's but the people who put and keep them there are getting tired of this constant assault on the President whether they voted for him or not.CNN is only preaching to the choir these days. Even the casual political observer can see right through the smokescreen.

In reply to by MK13

conraddobler VinceFostersGhost Thu, 08/24/2017 - 08:56 Permalink

While I agree it's a study in how evil can corner itself.It's so focused on Trump it's missing the bigger picture. In the name of getting Trump they are about to implode the very thing that empowers them.Trump knows they are cornered.No amount of pressure is going to change that they are in fact funded by that which they are threatening him with cutting off.Blaming him will do them ZERO good once it goes up in smoke as they will never get it back after it's gone.

In reply to by VinceFostersGhost