Do you have adblock enabled?
 
If you can read this, either the style sheet didn't load or you have an older browser that doesn't support style sheets. Try clearing your browser cache and refreshing the page.

(Washington Post)   Ted Yoho (R): "I think, personally, a U.S. default on its national debt would bring stability to the world markets"   (washingtonpost.com ) divider line
    More: Unlikely, Congressman Yoho, United States, Fred Flintstone, office software  
•       •       •

1859 clicks; posted to Politics » on 07 Oct 2013 at 7:28 AM (2 years ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



247 Comments     (+0 »)
 
View Voting Results: Smartest and Funniest


Oldest | « | 1 | 2 | 3 | 4 | 5 | » | Newest | Show all

 
2013-10-07 03:11:43 AM  
Stability as in the rest of the world finally saying "fark it" and no longer using USD for anything? Then yes, it'll bring "stability".
 
2013-10-07 03:29:51 AM  
i for one welcome our new Chinese overlords and the sweet stability they bring.
 
2013-10-07 04:32:53 AM  
Yeah? Well I think kicking you in the face will bring stability to your teeth.
 
2013-10-07 06:19:17 AM  
We are f*cking doomed. Country is gonna go tits up and idiots like this one will be to blame.
 
2013-10-07 06:34:00 AM  
It's not even a joke anymore. Can a republican say anything that isn't batshiat insane? Is that possible? And this is coming from someone who is still a registered republican.
 
2013-10-07 06:38:57 AM  
OPEC just needs one excuse to change to the Euro

Goodbye world's reserve currency
 
2013-10-07 06:39:34 AM  
Fair enough. So, short sell all of it then?
 
2013-10-07 07:00:43 AM  
He's technically correct.  Rock bottom is as stable as it gets.
 
2013-10-07 07:05:14 AM  
The fate of this country is in the hands of a cattle veterinarian.
 
2013-10-07 07:11:52 AM  

propasaurus: The fate of this country is in the hands of a cattle veterinarian.


God knows where his hands have been before.

2.bp.blogspot.com
 
2013-10-07 07:20:00 AM  

propasaurus: The fate of this country is in the hands of a cattle veterinarian.


He had to handle paying the light bill for a small business, so he's more than qualified to control world economic policies, and because he's a veterinarian that also means he's a SCIENTIST who can debunk global warming, evolution, and those curious stirrings he'd get in his overalls when farmhand Rock Beefhard would doff his shirt on a warm day.
 
2013-10-07 07:31:02 AM  
You Only Herp Once?
 
2013-10-07 07:32:25 AM  
I love dumb people, especially when they hold lucrative and well-payed positions of control and leadership that heavily influence the future of people, like you and me.

It's so cool.
 
2013-10-07 07:33:22 AM  
Yes. Default is no big deal, and if it happens it's all Obama's fault.
 
2013-10-07 07:35:32 AM  

Wendy's Chili: Yes. Default is no big deal, and if it happens it's all Obama's fault.


He is fighting the valiant fight against two-thirds of the government that is running towards socialism.

How can you root for socialism?

/sigh
 
2013-10-07 07:36:30 AM  
Zeroing out everything is a type of stability.
 
2013-10-07 07:37:01 AM  
To be fair, most things are stable once they attain room temperature.
 
2013-10-07 07:37:28 AM  
 2.bp.blogspot.com
 
2013-10-07 07:39:57 AM  

Testiclaw: He is fighting the valiant fight against two-thirds of the government that is running towards socialism.


Why does he hate democracy?
 
2013-10-07 07:40:06 AM  
i527.photobucket.com
 
2013-10-07 07:41:15 AM  

Weaver95: We are f*cking doomed. Country is gonna go tits up and idiots like this one will be to blame.


uh-uh.  it's going to be Nobama for note doing everything the terrorist, I mean Republicans, say he has to do.
 
2013-10-07 07:41:49 AM  

HOOBOY!: I hear that New Zealand is very nice and somewhat welcoming to foreigners. Canada is too cold. And Canada-ish.


I've been thinking about Scandinavia. Yeah, you've got the cold issue, but I could really go for some of that European-style socialism.
 
2013-10-07 07:42:31 AM  
Republicans:
Burning down the House. Destroying our full faith and credit. Over the cliff.

Someone bust out the trillion dollar platinum coin... with a picture of Reagan on it.
 
2013-10-07 07:42:47 AM  
I can't tell if they are bluffing. Obama isn't going to delay the individual mandate. We might default over this. Who'dathunk?
 
2013-10-07 07:42:49 AM  
Well there go my plans for living my life in the most stable and prosperous nation in the world. Thanks veterinarian-congressman.Thanks Cuban-Canadian. Thanks Oompa Loompa.

Oh and most of all
THANKS OBAMA.
 
2013-10-07 07:43:19 AM  
FTA:  'How many people feel we're heading into socialism?' Hands go up."

How many people know what socialism is? Hands go down.
 
2013-10-07 07:43:50 AM  
LOL RANDIANS
 
2013-10-07 07:44:01 AM  

Notabunny: To be fair, most things are stable once they attain room temperature.


Like Ted's IQ.
 
2013-10-07 07:44:25 AM  
Of course these same brave Republicans are already scrambling to find a way to pay Social Security benefits if the government defaults because they know the Tea Party faithful (AKA the useful idiots) didn't sign up for that.
 
2013-10-07 07:45:01 AM  
Anyone want to guess what will happen to the stock market? Anyone? Think they haven't put all their money somewhere else safe?

Feels like it is pitchfork and torch time for the House of Representatives.
 
2013-10-07 07:46:11 AM  
They're going to get their default before it's all said and done.  They're determined to get it.   Boehner probaby blinks and capitulates at the last second on this go around, and then he'll be replaced with a Teahadist true believer Speaker of the House who will carry it out the next time.    They're not even going to bother with the phoney song and dance of reluctance in the next go around, they're just going to slam the foot on the accelerator and hit the wall at 100 mph.

These people aren't interested in governing, they're anti-government, Neo-Confederate insurrectionists who believe they've been sent to Washington to sabotage it from the inside.    I believe when the failed American Experiment is all said and done, Historians look back and find that trying to keep the South in the Union was ultimately a fatal mistake in the long game.
 
2013-10-07 07:47:59 AM  
So he's a major stockholder in Chinese companies then?
 
2013-10-07 07:49:07 AM  
Here's what's probably going to happen: the executive branch will appeal to SCOTUS that the debt ceiling is unconstitutional. SCOTUS will agree by a narrow margin, and THIS WILL NEVER HAPPEN AGAIN.

/Ironically, the best- and worst-case scenario are the same this time.
//Teabaggers: holding a bead on their own foot since 2009
 
2013-10-07 07:51:40 AM  
Kill him.
 
2013-10-07 07:52:43 AM  
I'm counting on all the intelligent fiscal conservatives with money who actually understand what will happen if the US defaults and who financially back republican candidates to kick some serious ass in the next 9 days.

Because they must get that intentionally crashing the economy is bad, right? Right??
 
2013-10-07 07:53:37 AM  

HOOBOY!: I hear that New Zealand is very nice and somewhat welcoming to foreigners. Canada is too cold. And Canada-ish.


That's ok. We really don't want you up here anyway. Americans are too... well, just look at the Politics tab.
 
2013-10-07 07:54:40 AM  

InmanRoshi: They're going to get their default before it's all said and done.


No they are not. There remain enough adults in government that the eventual outcome is going to be one of the following:

* Boehner blinks and brings a measure to the floor, despite the so-called Hastert rule
* Adults recognize that Boehner can't do his farking job and call a vote to replace him
* A coalition of Democrats and Republicans do some procedural shenanigans to force a raise
* The President admits that the 14th Amendment makes the debt limit raise automatic and just goes ahead and does it- Constitutional scholars have informally demonstrated sympathy to this position- Obama is the strongest voice that doesn't agree.
 
2013-10-07 07:55:28 AM  

namegoeshere: I'm counting on all the intelligent fiscal conservatives with money who actually understand what will happen if the US defaults and who financially back republican candidates to kick some serious ass in the next 9 days.

Because they must get that intentionally crashing the economy is bad, right? Right??


Still, sad state of affairs for the Republican party that an idiot like this can say something this stupid and not have the party take him to the woodshed.
 
2013-10-07 07:56:48 AM  
Great, another young Jedi all eager to bring balance to the force.
 
2013-10-07 07:56:50 AM  

t3knomanser: * The President admits that the 14th Amendment makes the debt limit raise automatic and just goes ahead and does it- Constitutional scholars have informally demonstrated sympathy to this position- Obama is the strongest voice that doesn't agree.


I did not know this was a thing on the table.

That would render this argument moot from now til the end of time.  And that would be nice.
 
2013-10-07 07:57:50 AM  
My representative ladies and gentleman.

fark I need to get out of the south
 
2013-10-07 07:59:30 AM  
This is the "Unskewed Polls" version of economics.  Outright deny the facts, replace them with partisan hopes and dreams, and somehow think that because they believe it and it favors them it will work out that way.

Folks, this is how the US is going to default on sovereign debt, because Republicans want it, and because Teabaggers think it's a good idea.

On another note, does anybody notice that the trolls have been extra super-heavy over this?  Methinks that the GOP or front-group that's paying them is desperate to spin this as a Democratic Party problem, just as desperate as they were to astroturf for Rmoney this time last year.
 
2013-10-07 08:03:36 AM  

runwiz: Of course these same brave Republicans are already scrambling to find a way to pay Social Security benefits if the government defaults because they know the Tea Party faithful (AKA the useful idiots) didn't sign up for that.


The Useful Idiots are about a hair's breadth away from not being useful anymore.  They are more like idiot kids playing with a loaded gun.
 
2013-10-07 08:03:37 AM  
Is there any way corporations directly benefit from a default?

If Republicans are dismissive of its impact, then their paymasters must see some angle we're missing.  You can bet if the corporations that fund the Republicans and Democrats thought a default would be bad, none of this would have happened in the first place.

I mean, who benefits?
 
2013-10-07 08:04:11 AM  
I knew that name sounded familiar.  He was profiled in The Atlantic earlier this year.

"With all the problems we are having, I won't be afraid to tell leadership, 'You need to explain to me why I should follow you anywhere,'" he told me, adding that, unlike two-thirds of last year's freshmen, he would never have voted to raise the debt ceiling. "I think I scare them to death."

In the car ride home from the lumber mill, he laid out his post-election game plan. "You ever hear of the Kobayashi Maru test?" he asked me, referring to a military training simulation from Star Trek. Yoho explained: Mr. Spock designed the Kobayashi Maru challenge as an unwinnable scenario, to teach cadets how to accept defeat. But before taking the test, James Kirk reprogrammed it so that he could beat it.

"When he was accused of cheating, Captain James T. Kirk said it wasn't cheating-that the game was designed to fail, so he changed the game," Yoho said. "That's what I'm going to do: change the game."


http://www.theatlantic.com/magazine/archive/2013/01/animal-house/309 18 9/
 
2013-10-07 08:04:42 AM  
But please, stop blaming them for the current situation with the government shutdown and impending default!
 
2013-10-07 08:05:27 AM  
Someone once told me to be careful what I wished for, because I just might get it.

Methinks Ted should heed that advice
 
2013-10-07 08:06:26 AM  
 
2013-10-07 08:07:14 AM  

This Amp Goes To 11: HOOBOY!: I hear that New Zealand is very nice and somewhat welcoming to foreigners. Canada is too cold. And Canada-ish.

That's ok. We really don't want you up here anyway. Americans are too... well, just look at the Politics tab.


That's not entirely true. We just don't want the Tea Partiers. Unfortunately, they're already here.
 
2013-10-07 08:09:52 AM  
If the banks and financial institutions can garner the system to make money on the default (by using "puts" and essentially betting on a crash) then it WILL happen.
 
Displayed 50 of 247 comments


Oldest | « | 1 | 2 | 3 | 4 | 5 | » | Newest | Show all


View Voting Results: Smartest and Funniest

This thread is archived, and closed to new comments.

Continue Farking
Submit a Link »
On Twitter






In Other Media


  1. Links are submitted by members of the Fark community.

  2. When community members submit a link, they also write a custom headline for the story.

  3. Other Farkers comment on the links. This is the number of comments. Click here to read them.

  4. Click here to submit a link.

Report