Breaking: Boehner wants plan by Sunday to avoid spooking Asian markets..

[one_voice]

No story yet..Banner at Politico

http://www.politico.com/index.html

Edited to add link to story: http://www.politico.com/news/stories/0711/59718.html

[bluestateguy]

1. The markets tanking might actually be what gets the debt ceiling raised

When the markets freak out politicians respond. That's just a fact.

Whether or not it means a GOOD deal is another thing entirely.

[woolldog]

28. Very true

Remeber the DOW falling 777 points after Congress voted down TARP.

[Cannikin]

2. The banner is clickable now

[one_voice]

4. Thanks! I added the link to the story. n/t

[tishaLA]

3. cry me a fucking river, Boner

Next time think twice, then think again, before bowing out of discussions.

[Parker CA]

5. Per CNN, on conference call Boehner claims new $3-4T deal in works that would require two

separate debt raising votes. No word on Dem response to those comments yet. McConnell / Reid plan seems to be off the table according to Boehner remarks.

[alcibiades_mystery]

7. Boehner's new negotiating position

That's all.

Two votes? Why, so they can vote on spending cuts and raising the debt ceiling on one, then vote down tax increases on the other? No thanks.

[Parker CA]

11. Two votes would split the total and make Obama request the votes twice rather than once,

something he has already refused to do since he said any bill must carry them through 2013.

[alcibiades_mystery]

6. Why is this a headline? Obama said the same thing yesterday

Boehner's me-tooism is just amusing.

The fact is that he has no control over his cuckoo-bananas caucus. He can yap until the end of time. Until he gets the Tea Fanatics on board, he's just blowing hot air.

[Parker CA]

8. Or blowing little bubbles into his scotch through the little red straw in his glass. nt

[Horse with no Name]

9. Then perhaps he should have stuck around while obama was giving away the farm. n/t

[alcibiades_mystery]

12. You can only give away the farm to someone who is taking it

Otherwise, the act is more like offering a farm as an object lesson.

Just sayin'.

No takers = No giving.

[Horse with no Name]

17. Sorry. If they took it, a lot of folks were screwed

Not EVERYONE is privvy to Obama's bait and switch games.

[alcibiades_mystery]

21. The farm was not given

Whatever other contingencies you invent, that remains the case.

No taking = no giving.

[bahrbearian]

26. Try it this way, No giving= 0

[AlinPA]

10. He is just stalling. The teabaggers who control the House want the default. He is not serious at

[MadMaddie]

23. When they get it

it will lead to their demise....they will not exist after the 2012 elections because they will bring down their cronies in the U.S big business communities.

[AlinPA]

24. That should happen as you say, but the media will twist it to be only Obama's fault.

[MadMaddie]

33. Tru Dat!!

[still_one]

13. Asshat should have thought about that before they stated this nonesense. /nt

[Gman]

14. John Foster Dulles would be proud of Obama

taking the world to the brink of economic nuclear disaster and making the other side blink.

[flamingdem]

15. Politico ENABLES BONER by this kind of crap, Obama no doubt TOLD HIM THAT

he's no hero

[TheCowsCameHome]

16. How considerate of him. (More likely to avoid

having the GOP getting it's sorry ass beaten to a pulp next year.)

Fuck this orange-skinned idiot.

[underpants]

18. Maybe he should have thought about that on FRIDAY

They are scared of the monster they created - the Tea Baggers

[rucky]

19. He must've gotten some calls from Asian investors today.

[Hand_With_Eyes]

20. Let the markets react negatively

The worse the markets react the more chance of Boner folding and Obama signing a clean bill with no psychopathic nonsense attached to it.

[AlinPA]

25. Boehner's goal is default. It's his only chance of survival with the crazies who run the GOP.

[MadMaddie]

22. Yea well Boehner should have thought about that before he

picked the Debt Ceiling as an issue to fight over. He walked out again on talks because he doesn't want to put anything on the table....he and his party did this.....they have gone to far down the path and they are unable to turn back....

[Contrary1]

27. Let me fix that headline for them:

Boehner wants Repuke plan accepted by Sunday to avoid spooking Asian markets save face...

[Doctor_J]

29. I'm confused. Is the president's offer of cuts to SS and Medicare,

and tax increases only to the bottom 70% of wage earners still on the table? I read somewhere that the loony right now doesn't want Boner to sign because of the cuts. They've actually managed to outflank Obama on the left.

I don't click on the right-wing politico site, if you could provide an update from a reputable source it wold be appreciated.

[Make7]

30. Boehner: "As I read the Constitution, the Congress writes the laws..."

 

"As I read the Constitution, the Congress writes the laws and you get to decide what you want to sign," Boehner said, recounting what he told the president, according to two sources.

Just yesterday at his press conference:

"Listen, we've put plan after plan on the table. You know the House passed its budget. We had our plan out there. The House passed the 'Cut, Cap and Balance'. Never once did the president ever come to the table with a plan."

Well, if Congress writes the laws then why does he believe the President needs to bring a plan to Congress?

And I'm not really sure that "Cut, Cap and Balance" should be considered a plan - it's little more than an outline of target levels of spending and revenue with few (if any) details.
 

[Skip_In_Boulder]

31. Looks like they are going for another Cut,Crap, and Paste deal

Which is fine by me. It will give the President another opportunity to slap Bonehead down once more.

[LiberalFighter]

32. Any way to spook the Asian market without it affecting other markets?