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Donate Via Bitcoin1KDMja8Jwf2E42zp7KoK6ypmT5c36yNx7E | market-ticker.org / By Karl Denninger / March 7, 2013, 10:49 This nation is done folks — Boehner not only has no balls he has no common sense and is trying to cheat mathematics, much like the 5th grader who gets an “F” in arithmetic and whines “but teacher, I did my best!!!!!” [...] goldmoney.com / By The GoldMoney News Desk / February 27, 2013 Markets have been roiled over the last 48 hours by the three B’s: Berlusconi, Bernanke and Boehner. The indecisive Italian election outcome and the strength of the anti-austerity vote has many traders thinking that the whole eurozone issue is not receding in the [...] zerohedge.com / By Tyler Durden / January 14, 2013, 17:02 Following up on today’s relentless debt ceiling propaganda, which started with the Politico report that more than half of republicans are willing to push the US into a “temporary” default, going through Obama’s “We are not a deadbeat nation“, but [...] jessescrossroadscafe.blogspot.com / By Jesse / January 1, 2013 I have to admit that I did not think the House had it in them to take the deal as crafted by the Senate and the President, especially after having rejected Boehner’s famous ‘Plan B.’ The House did not insist on or even offer a single change. [...] zerohedge.com / By Tyler Durden / December 30, 2012, 12:43 If earlier media speculation that the cliff debate was seeing some progress would have sent stocks higher (assuming it was not a Sunday), the speaker’s just released response to Obama’s Meet The Press appearance would have deflated all hope of any progress. Remember: [...] armstrongeconomics.com / By Martin Armstrong / December 28, 2012 The lawsuit by Hedge Funds against Porsche for manipulating Volkswagen shares was dismissed in NY State Court, while the Feds is still going and in Germany they charged directors of Porsche with insider trading. The charts do not support any such manipulation – just sour [...] from FinancialSurvivalNet When it comes to understanding what’s really happening to the world’s economic system, there’s no one better than Martin Armstrong. He believes that Asia is still growing rapidly and they’ve passed reforms to help prevent future bubbles. Europe is dire straights with virtually no leadership to be found. Martin foretold this state [...] from FinancialSurvivalNet All the mainstream country club “Bow Tie” Republicans are shaking their heads and wondering. “What went wrong?” The answer is really as simple as it is overlooked. In 2010, Republicans were swept into control of the House of Representatives and were within a stone’s throw of Senate control. Were it not for a [...] financialsense.com / By Sy Harding / December 21, 2012 The news could hardly be better for the economy and stock market – except for the 800-pound gorilla stalking around the room threatening to wreck the whole scene. I refer of course to the debacle that the fiscal cliff talks in Washington have suddenly become, [...] brucekrasting.com / By Bruce Krusting / December 21, 2012 Is it possible that the Mayans, in their infinite wisdom, somehow anticipated that Boehner would fail to bring any legislation that might patch the cliff? The Boehner “fail” happened last evening, it was already 12/21 in Asia. So far, [...] globaleconomicanalysis.blogspot.com / By Mike “Mish” Shedlock / December 20, 2012 8:06 PM Lacking Republican support, House speaker John Boehner scraps Fiscal Cliff Plan “B”, not that it ever had a chance in the first place. Representative Rob Bishop of Utah says “The odds go up that we go over the fiscal cliff”. S&P Futures zerohedge.com / By Tyler Durden / December 20, 2012, 19:56 Update: wow: HOUSE SCRAPS PLAN TO VOTE ON BOEHNER’S TAX `PLAN B’ TONIGHT U.S. HOUSE PLANS NO VOTES UNTIL AFTER CHRISTMAS, BURTON SAYS BOEHNER SAYS `PLAN B’ TAX PLAN LACKED SUPPORT TO PASS BOEHNER SAYS UP TO OBAMA TO WORK WITH REID ON BUDGET PLAN [...] caseyresearch.com / By Chris Gaffney / December 19, 2012 House Speaker Boehner floats a ‘Plan B’ to avoid the fiscal cliff… Good day. It was another quiet day in the markets, but we kept ourselves busy on the desk with several customers doing some ‘end of year’ positioning in their accounts. With Christmas and [...] zerohedge.com / By Tyler Durden / December 17, 2012, 20:35 The rumor mill on unnamed sources and strawmen is full tonight with Reuters, Bloomberg, and WaPo all reporting on a new new deal from Obama that ‘meets the Republicans more than halfway’ apparently. The crux appears to be a $1.2tn tax increase [...] zerohedge.com / By Tyler Durden / December 17, 2012, 19:51 In what is likely the fist major under the radar profit warning of the current quarter, GE chief, and Obama Job Tzar, Jeff Immelt warned during GE’s annual outlook meeting held earlier in Manhattan that the “economic uncertainty” in the current quarter [...] zerohedge.com / By Tyler Durden / December 15, 2012, 22:17 The Fiscal Cliff cat and mouse game is entering its last two weeks of calendar 2012, with Congress now officially closed for the year. And while we would have expected major updates in the Cliff timeline to only hit during trading hours, [...] globaleconomicanalysis.blogspot.com / By Mike “Mish” Shedlock / December 02, 2012 11:27 AM Agreement that something needs to be done with soaring deficits is easy to find, in the US and abroad. Actually doing something reasonable about huge deficits has proven impossible to date. Fiscal Deficit Blame Game Bloomberg reports Geithner Joins Boehner [...] zerohedge.com / By Tyler Durden / November 29, 2012, 17:36 Markets sold off earlier today when Boehner commented that “no substantive progress had been made” in the last two weeks, only to recover quite rapidly. The ‘rejection’ is now in full context as the WSJ has just reported the terms have not [...] globaleconomicanalysis.blogspot.com / By Mike “Mish” Shedlock / Friday, November 16, 2012 1:08 PM The SP&P staged a mild (and meaningless) 19-point flagpole rally on news of a possible compromise between House Speaker John Boehner and president Obama as shown by the following chart of S&P Futures. Market participants hope that [...] brucekrasting.com / By Bruce Krasting / November 10, 2012 So both Boehner and Obama have done their post election photo ops. They have spelled out their positions on the looming fiscal cliff. No surprises at all. The Republicans are saying “No” to any increases in tax rates while Obama [...] garynorth.com / By Gary North / November 9, 2012 Reality Check (Nov. 9, 2012) I begin with North’s law for dealing with political Keynesians: “When you’ve got them by the boondoggles, their hearts and minds will follow.” On January 1, 2013, federal taxes will go up. There is no way around this. One [...] | |