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(Politico)   House Republicans scramble to avoid a shutdown they believe will severely damage their party in the mid term elections   ( politico.com) divider line
    More: Obvious, Democratic Party, GOP Conference meeting, GOP leaders, medical device tax, United States Senate, Freedom Caucus, Republican Party, House GOP leaders  
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1824 clicks; posted to Politics » on 17 Jan 2018 at 3:59 AM (25 weeks ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



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2018-01-17 01:05:16 AM  
Republicans are DESPERATELY trying to position themselves as the victims in all of this, but....it's not working, and to be honest I think even the GOP themselves admit that its pointless to blame the shutdown on the Democrats when the GOP hold all the cards.

Donny is going to blow up the government on friday, and it'll be a total shiatshow for the GOP.  but donny won't care.  he'll think it's just AWESOME how he sure stuck it to the libs.....and his idiotic slavering followers will dance around him like they all just won the lottery or something.
 
2018-01-17 01:07:52 AM  
I suspect the Freedumb Caucus is still praying to the Elder Gods that the government is shut down, forever.
 
2018-01-17 01:11:42 AM  

Alphax: I suspect the Freedumb Caucus is still praying to the Elder Gods that the government is shut down, forever.


Ryan knows how BAD a shutdown would damage the GOP right now, and he's trying to avoid it.  But donny went out of his way to piss off the Democrats, and given the fact that the Republicans have been nothing but petty, vindictive assholes for the past year there isn't a lot of good will left on capital hill for the GOP to tap into and avoid this impending disaster.
 
2018-01-17 01:12:57 AM  

Weaver95: Republicans are DESPERATELY trying to position themselves as the victims in all of this, but....it's not working, and to be honest I think even the GOP themselves admit that its pointless to blame the shutdown on the Democrats when the GOP hold all the cards.

Donny is going to blow up the government on friday, and it'll be a total shiatshow for the GOP.  but donny won't care.  he'll think it's just AWESOME how he sure stuck it to the libs.....and his idiotic slavering followers will dance around him like they all just won the lottery or something.


Yeah, they really can't blame the Democrats this time. . . not when they have control of all three branches of government, and an entire subsection of Republicans who are actively cheering to burn this motherf*cker down. They'll try to, tho!
 
2018-01-17 01:14:57 AM  
If the government shuts down, can't we just give Trump, Pence, Ryan, McConnell, etc theIr walking papers?
 
2018-01-17 01:18:13 AM  

MattytheMouse: Yeah, they really can't blame the Democrats this time. . . not when they have control of all three branches of government, and an entire subsection of Republicans who are actively cheering to burn this motherf*cker down. They'll try to, tho!


Trump is constantly blaming the democrats when something doesn't go his way, even though the GOP controls the entire government. Obama never did that when the GOP congress tried to obstruct every single thing Obama ever tried.

I'm hazy in this whole government shutdown thing. Who loses their paychecks exactly? Certainly not congress. And how can we "run out of money" when we already have a debt in the trillions?

/obviously not an economist
 
2018-01-17 01:18:26 AM  

MattytheMouse: Yeah, they really can't blame the Democrats this time. . . not when they have control of all three branches of government, and an entire subsection of Republicans who are actively cheering to burn this motherf*cker down. They'll try to, tho!


my local trumpers are already trying to spin this so its entirely the democrats fault....and they get INCREDIBLY angry when you remind them that this is all on the heads of the GOP.  they won the election, they're in charge.

its getting to the point where the trumpers are almost schizophrenic.  when you remind them of facts that they'd prefer not exist, they get oddly and weirdly outraged.  and I mean OUTRAGED.  like - i'm going to smash your face levels of rage, all for reminding a trumper that the GOP is completely in charge of congress and blaming the Democrats for a government shutdown in that scenario is an obvious lie.

I can't help thinking that something in this country is reaching a breaking point.
 
2018-01-17 01:19:21 AM  
Trump already scheduled to go back to Mar-a-Lago this weekend, according to local media.  So he's not going to let this interrupt his golf game.

Pro'ly happy really.  If the govt is shutdown, it's like a snow day!  No school, just go out and play!
 
2018-01-17 01:21:26 AM  

wejash: Trump already scheduled to go back to Mar-a-Lago this weekend, according to local media.  So he's not going to let this interrupt his golf game.

Pro'ly happy really.  If the govt is shutdown, it's like a snow day!  No school, just go out and play!


oh I'll just bet Donny is going to hit the golf course this weekend.  sure, the entire fedgov will shut down with no exit plan in sight....but ya know, who needs things like the CDC during a flu season, or FDA food inspections to prevent e coli outbreaks?
 
2018-01-17 01:22:22 AM  

Mugato: MattytheMouse: Yeah, they really can't blame the Democrats this time. . . not when they have control of all three branches of government, and an entire subsection of Republicans who are actively cheering to burn this motherf*cker down. They'll try to, tho!

Trump is constantly blaming the democrats when something doesn't go his way, even though the GOP controls the entire government. Obama never did that when the GOP congress tried to obstruct every single thing Obama ever tried.

I'm hazy in this whole government shutdown thing. Who loses their paychecks exactly? Certainly not congress. And how can we "run out of money" when we already have a debt in the trillions?

/obviously not an economist


Basically, if you die during the government shutdown, you die for real.
 
2018-01-17 01:39:32 AM  

Weaver95: wejash: Trump already scheduled to go back to Mar-a-Lago this weekend, according to local media.  So he's not going to let this interrupt his golf game.

Pro'ly happy really.  If the govt is shutdown, it's like a snow day!  No school, just go out and play!

oh I'll just bet Donny is going to hit the golf course this weekend.  sure, the entire fedgov will shut down with no exit plan in sight....but ya know, who needs things like the CDC during a flu season, or FDA food inspections to prevent e coli outbreaks?


So really nothing Trump cares about anyway.
 
2018-01-17 01:57:23 AM  

Mugato: I'm hazy in this whole government shutdown thing. Who loses their paychecks exactly?


Any federal worker deemed "non-essential", which is pretty much anyone not in the pew-pew-pew business, whether pew-pew-pewing foreigners or Americans.  Also, anyone who's job involves contracting with the federal government is out of luck when the contract installments stop.

Mugato: Certainly not congress.


Congress cannot not be paid, but only because of the 27th Amendment which was written (in the 1780s) as "may not vary" instead of "may not be raised".  Blame Washington, Hamilton, Monroe, et al on that one.

Mugato: And how can we "run out of money" when we already have a debt in the trillions?


Because we can't borrow more.  Back in ye olden days, every single new law had to have a section saying the feds were allowed to borrow a specific amount to pay for it.  This became problematic as cost overruns, and especially modern war, made this impractical.  So, viola, the debt ceiling.  Congress says "we are going to set a debt limit on how much to borrow" and also "we're going to pass bills and then blame the President when we exceed the debt limit".  Normally, the Treasury sells bonds to raise money.  But it isn't allowed to do so when it reaches the debt ceiling.  So, no money is coming in.  No cash on hand means you can't meet the obligations Congress has created through passing bills (or continuing resolutions).  At this point, the feds have to start prioritizing payments of what money they do have.  For the short-term, this means you can hold off on paying out grants and such.  But go too long and you start having to not pay anything - and that ruins the status of bonds, which begins a vicious cycle of no one will buy bonds and thus no money is coming in.  This is ... well ... this is bad.
 
2018-01-17 02:08:22 AM  

phalamir: Mugato: I'm hazy in this whole government shutdown thing. Who loses their paychecks exactly?

Any federal worker deemed "non-essential", which is pretty much anyone not in the pew-pew-pew business, whether pew-pew-pewing foreigners or Americans.  Also, anyone who's job involves contracting with the federal government is out of luck when the contract installments stop.


So "shutting down the government" doesn't mean turning off the lights and pulling up the draw bridge it just means farking over the little guy who gets a gov't check. What a bold sacrifice, Trump and congress.
 
2018-01-17 02:09:51 AM  

Mugato: So "shutting down the government" doesn't mean turning off the lights and pulling up the draw bridge it just means farking over the little guy who gets a gov't check. What a bold sacrifice, Trump and congress.


mostly correct, yes.  AND the GOP plans on blaming the whole mess on Obama and/or the Democrats, even tho their own internal polling data is SCREAMING at them that nobody believes Donny when he blames everything on Obama.  Actually, nobody believes anything Donny says anymore, but that's a whole other problem.
 
2018-01-17 02:22:15 AM  

Mugato: phalamir: Mugato: I'm hazy in this whole government shutdown thing. Who loses their paychecks exactly?

Any federal worker deemed "non-essential", which is pretty much anyone not in the pew-pew-pew business, whether pew-pew-pewing foreigners or Americans.  Also, anyone who's job involves contracting with the federal government is out of luck when the contract installments stop.

So "shutting down the government" doesn't mean turning off the lights and pulling up the draw bridge it just means farking over the little guy who gets a gov't check. What a bold sacrifice, Trump and congress.


Withe the caveat that "just" means more people than are employed by Walmart just got furloughed indefinitely - and cannot legally seek other employment in the meantime.
 
2018-01-17 02:24:45 AM  

phalamir: Withe the caveat that "just" means more people than are employed by Walmart just got furloughed indefinitely - and cannot legally seek other employment in the meantime.


WTF? What are people supposed to do? As you can see I know nothing about this stuff.
 
2018-01-17 02:26:02 AM  

phalamir: Withe the caveat that "just" means more people than are employed by Walmart just got furloughed indefinitely - and cannot legally seek other employment in the meantime.


And did we mention the fact that these workers provide critical services that keep our society functioning?

if trump thought government workers hated him before, just wait till he cuts off their paychecks and demand they work for free while he's off golfing.  he's gonna find his gotdamn tax records plastered all over the Washington monument when he gets back from Mar-A-Lago.
 
2018-01-17 02:27:43 AM  

Mugato: WTF? What are people supposed to do?


well, usually we hit up short term unemployment and live off whatever savings we've got.  food banks are also going to see a spike in requests for help.  basically everyone shows up to work just like normal, punches in as we do, punch out when we leave....then hope that somehow our hours get paid out when Congress decides they've had enough fun and made enough speeches.
 
2018-01-17 02:29:00 AM  

Weaver95: Mugato: So "shutting down the government" doesn't mean turning off the lights and pulling up the draw bridge it just means farking over the little guy who gets a gov't check. What a bold sacrifice, Trump and congress.

mostly correct, yes.  AND the GOP plans on blaming the whole mess on Obama and/or the Democrats, even tho their own internal polling data is SCREAMING at them that nobody believes Donny when he blames everything on Obama.  Actually, nobody believes anything Donny says anymore, but that's a whole other problem.


It's something entirely divorced from my political frame of reference. My country uses the Westminster model of government. If you can't pass an appropriation bill, you can't govern and must have an early general election. A big deal, but public administration doesn't seize up.

Making spending commitments without having funding in place is incredibly irresponsible and the fact that it can happen time and again is a systemic failure that requires new procedures in place or a better caliber of politician who can act in good faith. I don't know which would be easier to implement.
 
2018-01-17 02:35:24 AM  

thisispete: Making spending commitments without having funding in place is incredibly irresponsible and the fact that it can happen time and again is a systemic failure that requires new procedures in place or a better caliber of politician who can act in good faith. I don't know which would be easier to implement.


what's funny about this shutdown is that the GOP didn't want it.  they HAD a deal in place, but Trump had to trump it all up for everyone.  now the Democrats have zero reason to help the GOP out of a mess created by their nominal leader, and Paul Ryan has been running around all night trying to come up with a replacement deal that Trump won't be able to f*ck up.

the whole 'lets blame this on the Democrats' thing is actually becoming a joke even among the trumpers.  I think that's why they get so over the top furious when their lies get shoved back in their faces.  they know their bullshiat ain't working anymore, but they've got no idea what else to say or do....so anger is all they've got left.
 
2018-01-17 02:52:38 AM  

thisispete: It's something entirely divorced from my political frame of reference. My country uses the Westminster model of government. If you can't pass an appropriation bill, you can't govern and must have an early general election. A big deal, but public administration doesn't seize up.


One of the advantages of the parlimentary system, is that it knows the business of setting policy, making decisions and governing should be kept separate from providing the services set out by those policies and executing those decisions.  But also, having an annual budget that actually passes annually also prevents these types of problems, instead of just short term patches.
 
2018-01-17 03:40:01 AM  
That - combined with Minority Leader Nancy Pelosi's (D-Calif.) threats to withhold Democratic votes to help pass the measure - appeared to have won over key GOP skeptics.

Wait, is that a case of "If they're agin it, we're for it!"? Or is there something else going on here?
 
2018-01-17 03:43:12 AM  
"We don't need any Democrats in the House," boasted senior appropriator Rep. Tom Cole (R-Okla.). "And I don't think the Democrats in the Senate have the nerve to shut down the government."

img.fark.netView Full Size
 
2018-01-17 03:55:32 AM  
I'm thinking there'll be another short term extension. Maybe several more.

/actually shutting the government down is reserved for when there's a Democratic president in office.
 
2018-01-17 04:03:21 AM  
Yeah, that's what will damage the Republican Party.  Absolutely everything else is smooth sailing for them right now.
 
2018-01-17 04:05:24 AM  

MattytheMouse: Weaver95: Republicans are DESPERATELY trying to position themselves as the victims in all of this, but....it's not working, and to be honest I think even the GOP themselves admit that its pointless to blame the shutdown on the Democrats when the GOP hold all the cards.

Donny is going to blow up the government on friday, and it'll be a total shiatshow for the GOP.  but donny won't care.  he'll think it's just AWESOME how he sure stuck it to the libs.....and his idiotic slavering followers will dance around him like they all just won the lottery or something.

Yeah, they really can't blame the Democrats this time. . . not when they have control of all three branches of government, and an entire subsection of Republicans who are actively cheering to burn this motherf*cker down. They'll try to, tho!


They have successfully blamed the Democrats for every government shutdown the republicans have orchestrated in the past decade or so. What makes you think they won't succeed this time?
 
2018-01-17 04:05:28 AM  
Here is a breakdown of Democrats' over performance tonight in all 4 contested special elections:
 SC #HD99: D+13.08%
WI #AD58: D+24.90%
WI #SD10: D+27.52%
IA #HD06: D+20.44%
That is an average Dem over performance tonight of D+21.49% That's... significant.
 
2018-01-17 04:06:28 AM  

Oysterman: Yeah, that's what will damage the Republican Party.  Absolutely everything else is smooth sailing for them right now.


you sound concerned.....
 
2018-01-17 04:07:09 AM  

Alphax: I suspect the Freedumb Caucus is still praying to the Elder Gods that the government is shut down, forever.


Shut it Down! Shut it Down Forever!
Youtube S5ZSDCvUwN8
 
2018-01-17 04:07:59 AM  

Hobodeluxe: That is an average Dem over performance tonight of D+21.49% That's... significant.


yup.  and the GOP continues to govern via lies, petty vindictiveness and spite.  barring an illegal coup and/or imposition of martial law the country is WELL on track to hand damn near the entire federal government back to the Democrats.
 
2018-01-17 04:08:08 AM  

Mugato: And how can we "run out of money" when we already have a debt in the trillions?


Technically the shutdown isn't about running out of money.  It's about the government not authorizing continued spending of the money it has.

It's like a married couple bickering about a joint checking account, and the bills not getting paid as a result because the checks require both of their signatures.  The money is still there, but it can't be spent.
 
2018-01-17 04:18:31 AM  
I thought we already knew the GOP was incapable of governing.
 
2018-01-17 04:18:53 AM  

markie_farkie: If the government shuts down, can't we just give Trump, Pence, Ryan, McConnell, etc theIr walking papers?


Oh gods, wouldnt that just rawk?!

Here's a giggle. The Society for Creative Anachronism could be considered a kind of shadow government.
The model is royalistic (we have kings, queens, princes, dukes, knights, etc.) but the cool thing is that the "King"'s reign is for six months...then either the Prince takes over or a new King is chosen by battle.

I've met some of Their Majesties and Their Graces (former king is a Duke, and can be King again if he can win).
Very cool, sensible, and THINKING people.
In this milieu, courtesy and chivalry not only actually COUNT, they are necessary.
 
2018-01-17 04:24:33 AM  

syzygy whizz: markie_farkie: If the government shuts down, can't we just give Trump, Pence, Ryan, McConnell, etc theIr walking papers?

Oh gods, wouldnt that just rawk?!

Here's a giggle. The Society for Creative Anachronism could be considered a kind of shadow government.
The model is royalistic (we have kings, queens, princes, dukes, knights, etc.) but the cool thing is that the "King"'s reign is for six months...then either the Prince takes over or a new King is chosen by battle.

I've met some of Their Majesties and Their Graces (former king is a Duke, and can be King again if he can win).
Very cool, sensible, and THINKING people.
In this milieu, courtesy and chivalry not only actually COUNT, they are necessary.


having actually attended several shire meetings over my time in the SCA, lemme tell ya that NONE of those folks could govern their way out of a wet paper bag.
 
2018-01-17 04:38:32 AM  
Maybe they're excuse manufacturing.   "Yeah, we took a shellacking in 2018, and yeah, we lost the house, but it was because the democrats forced a government shutdown!  And, you know, not because we had an agenda that was evil as shiat."
 
2018-01-17 04:40:19 AM  

Weaver95: Alphax: I suspect the Freedumb Caucus is still praying to the Elder Gods that the government is shut down, forever.

Ryan knows how BAD a shutdown would damage the GOP right now, and he's trying to avoid it.  But donny went out of his way to piss off the Democrats, and given the fact that the Republicans have been nothing but petty, vindictive assholes for the past year there isn't a lot of good will left on capital hill for the GOP to tap into and avoid this impending disaster.


The past year? That's rich.

Also, it might be time to start sucking each other's sucks.

/just saying
//NTTAWWT
///third slashie because it's the right thing to do
 
2018-01-17 04:41:33 AM  

Weaver95: syzygy whizz: markie_farkie: If the government shuts down, can't we just give Trump, Pence, Ryan, McConnell, etc theIr walking papers?

Oh gods, wouldnt that just rawk?!

Here's a giggle. The Society for Creative Anachronism could be considered a kind of shadow government.
The model is royalistic (we have kings, queens, princes, dukes, knights, etc.) but the cool thing is that the "King"'s reign is for six months...then either the Prince takes over or a new King is chosen by battle.

I've met some of Their Majesties and Their Graces (former king is a Duke, and can be King again if he can win).
Very cool, sensible, and THINKING people.
In this milieu, courtesy and chivalry not only actually COUNT, they are necessary.

having actually attended several shire meetings over my time in the SCA, lemme tell ya that NONE of those folks could govern their way out of a wet paper bag.


According to TFA, Ryan's bill includes CHIP funding.

So if Democrats don't play ball, the GOP can say "Democrats voted against CHIP."

[wont-somebody-think-of-the-children.j​pg]

It's a crafty move, I gotta say... :-(
 
2018-01-17 04:44:32 AM  

sophus_tree: According to TFA, Ryan's bill includes CHIP funding.

So if Democrats don't play ball, the GOP can say "Democrats voted against CHIP."


and the Democrats will laugh, correct the GOP lies, and the GOP will STILL get the blame for causing the shut down.

the prelim polling data on this shutdown is trending heavy against the GOP talking points.  ain't NOBODY believing the lies anymore!  its actually kinda disturbing.
 
2018-01-17 04:47:40 AM  

Hobodeluxe: Here is a breakdown of Democrats' over performance tonight in all 4 contested special elections:
 SC #HD99: D+13.08%
WI #AD58: D+24.90%
WI #SD10: D+27.52%
IA #HD06: D+20.44%
That is an average Dem over performance tonight of D+21.49% That's... significant.


Is this versus last time the seat was elected or absolute margin?

Either way holy crap.
 
2018-01-17 04:48:47 AM  
Sucking each other's "sucks"?

JFC...you know what I meant
 
2018-01-17 04:56:20 AM  
I thought Graham was trying to pass a bill and get it to Trump's desk whether Trump likes it or not and let him shut down the gov't if he wants to. I guess the argument could be made that it's not the fault of Congress. Trump's gonna blame somebody else anyways.
 
2018-01-17 04:57:16 AM  
Ooga booga, government shutdown. Having lived through enough of these since the Clinton years, I can't be the only one to give a "meh" to the entire idea. We still haven't defaulted on our debt and I don't expect that to happen any time soon.

The real question in all of this is "what is the best way to trade a government shutdown?" In the short term you can expect stocks to take a bit of a nosedive along with the USD. However, assuming that the shutdown is short-lived (as they typically are) the savvy investor can hedge against them - bet against USD in the short term and "buy the farking dip" after stocks sell off. The one place I wouldn't want to get involved is bonds - the market already seems shaky thanks to central banks tapering, so I only expect yields to skyrocket if the government shuts down and they may not come back down again until the next recession.
 
2018-01-17 04:58:28 AM  

Smoking GNU: MattytheMouse: Weaver95: Republicans are DESPERATELY trying to position themselves as the victims in all of this, but....it's not working, and to be honest I think even the GOP themselves admit that its pointless to blame the shutdown on the Democrats when the GOP hold all the cards.

Donny is going to blow up the government on friday, and it'll be a total shiatshow for the GOP.  but donny won't care.  he'll think it's just AWESOME how he sure stuck it to the libs.....and his idiotic slavering followers will dance around him like they all just won the lottery or something.

Yeah, they really can't blame the Democrats this time. . . not when they have control of all three branches of government, and an entire subsection of Republicans who are actively cheering to burn this motherf*cker down. They'll try to, tho!

They have successfully blamed the Democrats for every government shutdown the republicans have orchestrated in the past decade or so. What makes you think they won't succeed this time?


actually the shutdowns are the one thing noone ever really bought their bullshiat on.
 
2018-01-17 05:00:39 AM  

erik-k: Hobodeluxe: Here is a breakdown of Democrats' over performance tonight in all 4 contested special elections:
 SC #HD99: D+13.08%
WI #AD58: D+24.90%
WI #SD10: D+27.52%
IA #HD06: D+20.44%
That is an average Dem over performance tonight of D+21.49% That's... significant.

Is this versus last time the seat was elected or absolute margin?

Either way holy crap.


TPM says that the Dems flipped a State Senate district in Wisconsin that D2S won by 17 points.
https://talkingpointsmemo.com/edblog/​w​isconsin-dems-flip-gop-held-state-sena​te-seat
 
2018-01-17 05:03:01 AM  

gaspode: actually the shutdowns are the one thing noone ever really bought their bullshiat on.


Yeah, we know who got blamed for the 2013 shutdown.
img.fark.netView Full Size
 
2018-01-17 05:03:12 AM  

MattytheMouse: Weaver95: Republicans are DESPERATELY trying to position themselves as the victims in all of this, but....it's not working, and to be honest I think even the GOP themselves admit that its pointless to blame the shutdown on the Democrats when the GOP hold all the cards.

Donny is going to blow up the government on friday, and it'll be a total shiatshow for the GOP.  but donny won't care.  he'll think it's just AWESOME how he sure stuck it to the libs.....and his idiotic slavering followers will dance around him like they all just won the lottery or something.

Yeah, they really can't blame the Democrats this time. . . not when they have control of all three branches of government, and an entire subsection of Republicans who are actively cheering to burn this motherf*cker down. They'll try to, tho!


And it will work with 100% effectiveness on half the voting public.
 
2018-01-17 05:04:23 AM  

geoduck42: erik-k: Hobodeluxe: Here is a breakdown of Democrats' over performance tonight in all 4 contested special elections:
 SC #HD99: D+13.08%
WI #AD58: D+24.90%
WI #SD10: D+27.52%
IA #HD06: D+20.44%
That is an average Dem over performance tonight of D+21.49% That's... significant.

Is this versus last time the seat was elected or absolute margin?

Either way holy crap.

TPM says that the Dems flipped a State Senate district in Wisconsin that D2S won by 17 points.
https://talkingpointsmemo.com/edblog/w​isconsin-dems-flip-gop-held-state-sena​te-seat


and the GOP actually thinks they can pin a shutdown on the Democrats and voters will believe them!?

ah HAHAHAHAHAHAHAHAHA!

if I were a republican, the polling data coming out right now would scare the piss outta me.
 
2018-01-17 05:06:48 AM  

born_yesterday: And it will work with 100% effectiveness on half the voting public.


the polling data i've seen indicates that right now less than 25% (ish) of REPUBLICAN voters believe a shut down would be the fault of the democrats.  roughly 75% of GOP voters believe a shut down would be entirely the fault of the GOP.

make of that what you will.
 
2018-01-17 05:11:46 AM  

Weaver95: the polling data i've seen indicates that right now less than 25% (ish) of REPUBLICAN voters believe a shut down would be the fault of the democrats.  roughly 75% of GOP voters believe a shut down would be entirely the fault of the GOP.

make of that what you will.


What worries me more is the number of people who are of the "Debt is a bad thing, we shouldn't have debt. The government shutdown will eliminate the debt. I am pro-shutdown." ilk.
 
2018-01-17 05:12:02 AM  

Shaggy_C: Ooga booga, government shutdown. Having lived through enough of these since the Clinton years, I can't be the only one to give a "meh" to the entire idea. We still haven't defaulted on our debt and I don't expect that to happen any time soon.

The real question in all of this is "what is the best way to trade a government shutdown?" In the short term you can expect stocks to take a bit of a nosedive along with the USD. However, assuming that the shutdown is short-lived (as they typically are) the savvy investor can hedge against them - bet against USD in the short term and "buy the farking dip" after stocks sell off. The one place I wouldn't want to get involved is bonds - the market already seems shaky thanks to central banks tapering, so I only expect yields to skyrocket if the government shuts down and they may not come back down again until the next recession.


Heh yeah to the first part.

The important thing is, with that and midterm polling, Repubs are collectively crapping their pants.

Might be time to to long on Depends.
 
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