Looming Republican Government Shutdown having Adverse effect on the Market.

[EriktheRed]

On Monday night, Senate Majority Leader Harry Reid (D-NV) stated that "we will not go to conference with a gun to our heads." He requested that the House pass a "clean" CR and then go to conference on the broader budget bills.

Well, the republicans can redeem themselves and show that they are serious about derailing Obama Hellcare:

Constitution Gives House of Reps the "Weapon" to Destroy ObamaCare


The New American

04 October 2013


Can there be a more fruitful source of dispute, or a kind of dispute more difficult to be settled?

As the “Government Shutdown” puppet show continues its run in Washington, D.C., there is power in the Constitution to close down the entire production.

Article I, Section 7 of the Constitution requires that “all bills for raising Revenue shall originate in the House of Representatives, but the Senate may propose or concur with Amendments as on other bills.”

The solution to the ObamaCare funding fiasco is right there in black and white."

.

It ain't happening.

 

[Toro]

What I did there was work in IT.






See the guy to my three people to my right? That's Larry Leibowitz, brother of John Stewart. I'm in the middle of everyone..ringing the Bell.

They don't let the people who mop up do that.

How sweet! They let a Special Needs person ring the bell!

And this is the point were you just throw your hands up and have a good laugh!

I'd been on the floor a few times back in the day before it became a prop for CNBC. It was frickin' awesome!

 

[rdean]

Obama couldn't stand to see Americans suffer the last time the Republicans held millions of Americans hostage. This time, his heart has hardened. He understands that the line is drawn and they can't be allowed to blackmail this country again.

Unemployment benefits: not until Bush tax cuts pass, Senate GOP says - CSMonitor.com

And where are the jobs the GOP promised? They lied. If they had a leg to stand on, they wouldn't need to resort to blackmail.

 

[Oldstyle]

Obama couldn't stand to see Americans suffer the last time the Republicans held millions of Americans hostage. This time, his heart has hardened. He understands that the line is drawn and they can't be allowed to blackmail this country again.

Unemployment benefits: not until Bush tax cuts pass, Senate GOP says - CSMonitor.com

And where are the jobs the GOP promised? They lied. If they had a leg to stand on, they wouldn't need to resort to blackmail.

You are so fucking delusional it's scary! The GOP is now responsible for a lack of jobs? Really? The House passed dozens of bills that would have created jobs and they're still sitting on Harry Reid's desk! The Democrats gave us ObamaCare which is a jobs killer. They tried to give us Cap & Trade and Card Check...two more job killers. They managed to spend a trillion bucks on "stimulus" that was supposed to create jobs but they created so few that they had to come up with a new economic statistic "jobs created or saved" to obscure how bad their stimulus worked. Lies? Everything to do with ObamaCare is now being shown to be a lie! You can't keep your doctor if he doesn't accept ObamaCare and many of them won't. You can't keep your insurance if your employer dumps you off of it and onto the exchanges. ObamaCare isn't lowering the healthcare costs of Middle Class Americans...it's raising them while putting us trillions of dollars further in debt! You actually have the stones to come here and talk about lies?

 

[Sallow]

Obama couldn't stand to see Americans suffer the last time the Republicans held millions of Americans hostage. This time, his heart has hardened. He understands that the line is drawn and they can't be allowed to blackmail this country again.

Unemployment benefits: not until Bush tax cuts pass, Senate GOP says - CSMonitor.com

And where are the jobs the GOP promised? They lied. If they had a leg to stand on, they wouldn't need to resort to blackmail.

You are so fucking delusional it's scary! The GOP is now responsible for a lack of jobs? Really? The House passed dozens of bills that would have created jobs and they're still sitting on Harry Reid's desk! The Democrats gave us ObamaCare which is a jobs killer. They tried to give us Cap & Trade and Card Check...two more job killers. They managed to spend a trillion bucks on "stimulus" that was supposed to create jobs but they created so few that they had to come up with a new economic statistic "jobs created or saved" to obscure how bad their stimulus worked. Lies? Everything to do with ObamaCare is now being shown to be a lie! You can't keep your doctor if he doesn't accept ObamaCare and many of them won't. You can't keep your insurance if your employer dumps you off of it and onto the exchanges. ObamaCare isn't lowering the healthcare costs of Middle Class Americans...it's raising them while putting us trillions of dollars further in debt! You actually have the stones to come here and talk about lies?

Cap and trade was a Bush idea as well.

 

[Oldstyle]

Obama couldn't stand to see Americans suffer the last time the Republicans held millions of Americans hostage. This time, his heart has hardened. He understands that the line is drawn and they can't be allowed to blackmail this country again.

Unemployment benefits: not until Bush tax cuts pass, Senate GOP says - CSMonitor.com

And where are the jobs the GOP promised? They lied. If they had a leg to stand on, they wouldn't need to resort to blackmail.

You are so fucking delusional it's scary! The GOP is now responsible for a lack of jobs? Really? The House passed dozens of bills that would have created jobs and they're still sitting on Harry Reid's desk! The Democrats gave us ObamaCare which is a jobs killer. They tried to give us Cap & Trade and Card Check...two more job killers. They managed to spend a trillion bucks on "stimulus" that was supposed to create jobs but they created so few that they had to come up with a new economic statistic "jobs created or saved" to obscure how bad their stimulus worked. Lies? Everything to do with ObamaCare is now being shown to be a lie! You can't keep your doctor if he doesn't accept ObamaCare and many of them won't. You can't keep your insurance if your employer dumps you off of it and onto the exchanges. ObamaCare isn't lowering the healthcare costs of Middle Class Americans...it's raising them while putting us trillions of dollars further in debt! You actually have the stones to come here and talk about lies?

Cap and trade was a Bush idea as well.

Who cares who's idea it was!!! It's a jobs killer and that was next on Barry's agenda before the 2010 mid-terms took away his majority in the House. What I was pointing out was that this is a President who instead of doing everything he could to create jobs and put people back to work...used a crisis to push through ObamaCare...which will put many additional people out of work or cut them back to part time hours.

For Deanie to come here and ask why the GOP hasn't created jobs is LUDICROUS!!!

 

[Contumacious]

On Monday night, Senate Majority Leader Harry Reid (D-NV) stated that "we will not go to conference with a gun to our heads." He requested that the House pass a "clean" CR and then go to conference on the broader budget bills.

Well, the republicans can redeem themselves and show that they are serious about derailing Obama Hellcare:

Constitution Gives House of Reps the "Weapon" to Destroy ObamaCare


The New American

04 October 2013


Can there be a more fruitful source of dispute, or a kind of dispute more difficult to be settled?

As the “Government Shutdown” puppet show continues its run in Washington, D.C., there is power in the Constitution to close down the entire production.

Article I, Section 7 of the Constitution requires that “all bills for raising Revenue shall originate in the House of Representatives, but the Senate may propose or concur with Amendments as on other bills.”

The solution to the ObamaCare funding fiasco is right there in black and white."

.

And I am really glad you posted that.

The ACA is not a "bill".

It's the LAW.

And I am really glad you posted that.

Obamacare was at one time a bill.

It's an UNconstitutional law.

The case went to SCOTUS on the COMMERCE CLAUSE -no one ever considered it a federal tax.

OK then , we are going back up there challenging as a tax.

.

 

[Toro]

For those who thought the debt ceiling wasn't having an adverse effect, the Dow is up 210 points in the first 90 minutes of the trading session after news that the two sides are willing to sit down and talk.

 

[Toro]

Also

Fidelity Investments, the largest manager of money-market mutual funds, unloaded all short-dated U.S. debt maturing in late October and early November. J.P. Morgan followed suit, saying it had sold all short-term U.S. debt in the money-market funds under its asset-management arm. Yields on one-month T-bills skyrocketed, reaching 0.355%, per Tradeweb data, up from 0.030% a week earlier and 0.003% in late September. That eclipsed the yields on the three-month, the six-month, and the one-year bills, a rare inversion illustrating the heightened anxiety about the government debt maturing near the debt-ceiling deadline. That rate subsided to 0.256% by Friday amid signs that the two sides in Washington were at least considering a plan to raise the debt ceiling for another month.

Bond Markets See Short-Lived Panic in Short-Term Treasuries - Barrons.com

 

[Dot Com]

thangod the investment bankers are alright!!!

 

[Sallow]

You are so fucking delusional it's scary! The GOP is now responsible for a lack of jobs? Really? The House passed dozens of bills that would have created jobs and they're still sitting on Harry Reid's desk! The Democrats gave us ObamaCare which is a jobs killer. They tried to give us Cap & Trade and Card Check...two more job killers. They managed to spend a trillion bucks on "stimulus" that was supposed to create jobs but they created so few that they had to come up with a new economic statistic "jobs created or saved" to obscure how bad their stimulus worked. Lies? Everything to do with ObamaCare is now being shown to be a lie! You can't keep your doctor if he doesn't accept ObamaCare and many of them won't. You can't keep your insurance if your employer dumps you off of it and onto the exchanges. ObamaCare isn't lowering the healthcare costs of Middle Class Americans...it's raising them while putting us trillions of dollars further in debt! You actually have the stones to come here and talk about lies?

Cap and trade was a Bush idea as well.

Who cares who's idea it was!!! It's a jobs killer and that was next on Barry's agenda before the 2010 mid-terms took away his majority in the House. What I was pointing out was that this is a President who instead of doing everything he could to create jobs and put people back to work...used a crisis to push through ObamaCare...which will put many additional people out of work or cut them back to part time hours.

For Deanie to come here and ask why the GOP hasn't created jobs is LUDICROUS!!!

First off it "matters" because it was a serious attempt to deal with pollution. And a market based one. The only people citing it was a "job killer" was the energy industry which is loath to spend any of their outrageous profits to upgrade anything. Of the Darrell Issa "hearings" that didn't get much press was a coal industry whine fest about the cost of upgrading decades old plants that were spewing filth into the skies and causing high rates of cancer. They had 20 years to get it together and they spent that time fighting it out in court. When the finally lost they went to Issa. It was a farce.

And the hours "cut back" is another myth. When asked to document this, you folks rush off to right wing outfits to cite "articles" which upon further inspection turn out to be false.

 

[Sallow]

Well, the republicans can redeem themselves and show that they are serious about derailing Obama Hellcare:

Constitution Gives House of Reps the "Weapon" to Destroy ObamaCare


The New American

04 October 2013


Can there be a more fruitful source of dispute, or a kind of dispute more difficult to be settled?

As the “Government Shutdown” puppet show continues its run in Washington, D.C., there is power in the Constitution to close down the entire production.

Article I, Section 7 of the Constitution requires that “all bills for raising Revenue shall originate in the House of Representatives, but the Senate may propose or concur with Amendments as on other bills.”

The solution to the ObamaCare funding fiasco is right there in black and white."

.

And I am really glad you posted that.

The ACA is not a "bill".

It's the LAW.

And I am really glad you posted that.

Obamacare was at one time a bill.

It's an UNconstitutional law.

The case went to SCOTUS on the COMMERCE CLAUSE -no one ever considered it a federal tax.

OK then , we are going back up there challenging as a tax.

.

Fine.

Conservatives should be using the court and legislature to challenge it.

They should not be using hostage taking.

 

[Oldstyle]

Cap and trade was a Bush idea as well.

Who cares who's idea it was!!! It's a jobs killer and that was next on Barry's agenda before the 2010 mid-terms took away his majority in the House. What I was pointing out was that this is a President who instead of doing everything he could to create jobs and put people back to work...used a crisis to push through ObamaCare...which will put many additional people out of work or cut them back to part time hours.

For Deanie to come here and ask why the GOP hasn't created jobs is LUDICROUS!!!

First off it "matters" because it was a serious attempt to deal with pollution. And a market based one. The only people citing it was a "job killer" was the energy industry which is loath to spend any of their outrageous profits to upgrade anything. Of the Darrell Issa "hearings" that didn't get much press was a coal industry whine fest about the cost of upgrading decades old plants that were spewing filth into the skies and causing high rates of cancer. They had 20 years to get it together and they spent that time fighting it out in court. When the finally lost they went to Issa. It was a farce.

And the hours "cut back" is another myth. When asked to document this, you folks rush off to right wing outfits to cite "articles" which upon further inspection turn out to be false.

Gee, Sallow...you're going to pass a bill that raises the energy costs to American businesses across the board but you don't think that's going to effect jobs? You REALLY don't have a clue about how the Private Sector functions...do you? Typical progressive...

 

[Sallow]

Who cares who's idea it was!!! It's a jobs killer and that was next on Barry's agenda before the 2010 mid-terms took away his majority in the House. What I was pointing out was that this is a President who instead of doing everything he could to create jobs and put people back to work...used a crisis to push through ObamaCare...which will put many additional people out of work or cut them back to part time hours.

For Deanie to come here and ask why the GOP hasn't created jobs is LUDICROUS!!!

First off it "matters" because it was a serious attempt to deal with pollution. And a market based one. The only people citing it was a "job killer" was the energy industry which is loath to spend any of their outrageous profits to upgrade anything. Of the Darrell Issa "hearings" that didn't get much press was a coal industry whine fest about the cost of upgrading decades old plants that were spewing filth into the skies and causing high rates of cancer. They had 20 years to get it together and they spent that time fighting it out in court. When the finally lost they went to Issa. It was a farce.

And the hours "cut back" is another myth. When asked to document this, you folks rush off to right wing outfits to cite "articles" which upon further inspection turn out to be false.

Gee, Sallow...you're going to pass a bill that raises the energy costs to American businesses across the board but you don't think that's going to effect jobs? You REALLY don't have a clue about how the Private Sector functions...do you? Typical progressive...

The Pollution those plants spew effects jobs too, Oldstyle. People get sick.

And in the long run..that's much more expensive.

 

[Spoonman]

For the third time in US history, Conservative Republicans are engaging in a petulant power play against a Liberal Democratic President.

For the first time in American History, the Conservative Republicans are using the Debt Ceiling as a means to defund a law they don't like.

Markets are reeling..

Breaking News

U.S. stocks sink at the open as federal shutdown looms. Dow sheds 150 points. Nasdaq slides 1%. S&P 500 falls 0.9%.
CNNMoney - Business, financial and personal finance news

Polls now say democrats and Obama are as much to blame

 

[Spoonman]

First off it "matters" because it was a serious attempt to deal with pollution. And a market based one. The only people citing it was a "job killer" was the energy industry which is loath to spend any of their outrageous profits to upgrade anything. Of the Darrell Issa "hearings" that didn't get much press was a coal industry whine fest about the cost of upgrading decades old plants that were spewing filth into the skies and causing high rates of cancer. They had 20 years to get it together and they spent that time fighting it out in court. When the finally lost they went to Issa. It was a farce.

And the hours "cut back" is another myth. When asked to document this, you folks rush off to right wing outfits to cite "articles" which upon further inspection turn out to be false.

Gee, Sallow...you're going to pass a bill that raises the energy costs to American businesses across the board but you don't think that's going to effect jobs? You REALLY don't have a clue about how the Private Sector functions...do you? Typical progressive...

The Pollution those plants spew effects jobs too, Oldstyle. People get sick.

And in the long run..that's much more expensive.

people get sick from the crap food they eat. why aren't you on Obama for letting Monsanto fuck with our food?