This would be quite the payback to Trump for Jan 6, 2021 lol

 The House Speaker election is January 3, 2025.

You've got 34 Republicans pissed off at passage of the American Relief Act on December 20th by Mike Johnson and 170 Republicans.

Hakeem Jeffries has already told everyone Democrats will not help elect Mike Johnson speaker again because he stiffed them on the continuing spending resolution. Democrats are pissed off, too, although 196 did vote Yea on the bill.

So Republicans absolutely need those 34 to re-elect Johnson to speaker on Jan 3rd.

But let's say they don't, and the process drags out like it did with Speaker Kevin McCarthy.

The 2024 election results go to Congress in joint session for casting of the electoral college votes on January 6th, but that wouldn't happen without a speaker to swear-in the new House.

Jan 6, 2025 could be disrupted for Trump.

Very amusing.

Discussed here.

Hakeem Jeffries repays GOP for pulling original continuing spending resolution last week: Mike Johnson's House speakership won't be saved by Democrat votes in January

 

Jeffries: There Will Be No Democratic Votes To Save Speaker Johnson Or MAGA Republicans From Themselves

 

. . . there will be no Democrats available to save him or the extreme MAGA Republicans from themselves based on the breaching of a bipartisan agreement that reflected priorities good for the American people.

Donald Trump is the president of the UniParty

Change my mind.

 

Fox News dipshit says Trump gave a masterclass lol

 DAVID MARCUS: De facto President Trump's handling of shutdown threat was a masterclass

The piece of legislation which the boss said at 4:00 PM on the 19th was very important and even vital to making America great again was defeated 235-174 not three hours later at 6:54 PM lol.

 

Maybe the dumbest line though was this:

 

. . . having slayed the dragon of out-of-control spending . . ..

David is too dumb to understand that a continuing spending resolution simply continues the spending which already put fiscal 2024 $1.9 trillion in the hole.

The extra $100 billion for the tent people of Western North Carolina is just the insult added to the injury.

I seem to recall that throughout the aftermath of the hurricanes there was vigorous protestation from the right about FEMA still having plenty of money and they didn't need any more. But here we are.

 

 

 

 

 

 

Do you think these guys even once sat down together to discuss the continuing spending resolution before this week's fiasco?

 Maybe James Braid, new Director of the Office of Legislative Affairs, knows lol.

 

Is this James Braid?

Congress is god, not Donald Trump

 Homo proponit sed Deus disponit.

 

 

Every political party should have one of these

 

Paper Tiger Joe

Paper Tiger Don

House GOP to Donald Trump

 

The US House passed a continuing spending resolution through March 14, 2025 at 5:59PM yesterday, the US Senate passed it this morning at 12:23AM, averting a federal government shutdown

 

 The House roll call vote (366-34-1-29nv) is here. 34 Republicans voted Nay.

The Senate roll call vote (85-11-4nv) is here. 10 Republicans voted Nay, as did pinko commie Bernie Sanders.

The continuing spending resolution includes NO extension of the suspended debt ceiling time limit demanded by president-elect Trump, who now gets to waste his precious time trying to primary all 170 Republicans in 2026 who just voted for this

LOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOL,

something he had threatened on Wednesday.

170 House GOP just told Donald J. Trump Nay Nay by voting Yea, proving once again that he is just a paper tiger.

Meanwhile the debt ceiling and the income tax remain chief among the failed gimmicks of the Progressive Era, dating to 1917 and 1913. The one hasn't stopped the debt from exploding to $36 trillion, and the other hasn't paid that bill. 

The continued existence of these gimmicks serves to remind us, but only periodically, of the lies we tell ourselves, which is why we have to keep them.

Trump's first defeat lol: You might say the two billionaires were shown who's boss

 Second continuing spending resolution goes down in flames, after Elon Musk and Donald Trump said Nay to the first one, which never even came to a vote. Speaker Johnson and the Democrats had worked on that compromise deal for three months.

The roll call vote is here.

CNBC story here.

Extremely amusing.

 

The Republicans Who Said Nay

I'm gonna call my credit card company and extend my own line of credit to make me great again

 

Exhibit A that Trump's a Democrat now

 

Go ahead you fools, get rid of the debt ceiling . . . Make my day

 

Trump's a Democrat now lol

 

Making chumps of us all.

President-elect Donald Trump said Thursday that Congress should get rid of the debt ceiling, a day after he came out against a deal reached by congressional lawmakers to fund the government before a shutdown occurs.

In a phone interview with NBC News, Trump said getting rid of the debt ceiling entirely would be the “smartest thing it [Congress] could do. I would support that entirely.”

“The Democrats have said they want to get rid of it. If they want to get rid of it, I would lead the charge,” Trump added. 

Trump suggested that the debt ceiling is a meaningless concept — and that no one knows for sure what would happen if it were to someday be breached — “a catastrophe, or meaningless” — and no one should want to find out. 

“It doesn’t mean anything, except psychologically,” he said. ...

In his call Wednesday for Republicans to ditch the negotiated bipartisan short-term spending bill, Trump also demanded that lawmakers increase the debt ceiling — something that hadn’t been on the table at all.

More. 

I can't wait for Moody's to downgrade the USA from Aaa to Aa, to make it a Trinity of lost AAA.

And why not? It's only pSyChOlOgIcAl.

Average US Treasury yields aggregated monthly started to normalize in November as yields fell for bills but rose for bonds

Interpreted politically one could say yields for notes and bonds reversed their slide starting in October as Harris' lead evaporated at the end of September and bond markets started to bet on a Trump win, bringing with it higher deficits because of his proposed tariffs and tax cuts.

 

The case for gold gets stronger in a world of global fiscal misbehavior led by the United States under Trump

 “If every country is looking equally irresponsible, then the chances of [a US budget crisis] happening are slim, certainly on a sustainable basis. But when all the countries are experiencing high debt ratios and high deficits, then it′s less likely because in effect there is nowhere to run, with the possible exception of physical assets like gold.” ...

“It would take another country, another region like the euro area supplanting the U.S. with regard to fiscal responsibility. That’s tough to see happening,” he added.

More.

Every single dollar spent by government is a dollar thrown into the fire, except for those handed directly to Elon Musk for every Tesla sold, so Trump adding a new Department of Government Efficiency is extremely amusing

Yeah, let's put the HOG feeding at the government trough and getting filthy stinking rich off electric car subsidies and tax credits, and government rocket contracts, in charge of government efficiency.

 

 

 Trump announces Elon Musk, Vivek Ramaswamy to lead new ‘Department of Government Efficiency’ 

What a bunch of phony baloney plastic banana good time rock 'n rollas. 

"Government efficiency" is one of those oxymorons that is more equal than other oxymorons.

Disgusting: No matter how you cut it, core cpi inflation is up in October

 Seasonally adjusted core cpi inflation is trending higher since July, and ticked up from 3.25% year over year in September to 3.30% in October.

Not seasonally adjusted inflation is up to 3.33% in October from 3.31% in September, also trending higher since July.

And yet Jerome Powell keeps cutting the Fed Funds Rate, 50 basis points in September and another 25 basis points last week. 10Y yield minus 2Y has been showing its displeasure ever since, reversing its healthy trend. So has the 30Y mortgage.

Congress continues to spend like drunken sailors, and Powell has joined them with loose monetary policy now after not tight enough policy EVER.

The whole thing is DISGUSTING. And the election changes NOTHING.

 

Meanwhile The Two Time Queen of Deficit Spending and Joe Biden Coup Leader doesn't look too happy the day after the election lol

She's the very picture of Joe Biden's Schadenfreude.

 

Cheap gasoline prices were key to the Trump-era "boom" for the bottom half of income earners destroyed by the Great Recession

Reported here in "Inflation-shocked low- and middle-income Americans may not spend normally for years":

“For a very large share of Americans, the bottom 60% are spending more on essentials than before the pandemic,” said Michael Pearce, Oxford Economics deputy chief U.S. economist. “The burden is hardest among the lowest income but also touches middle income. Spending patterns of low-income Americans will take years to recover.” ...

The last time low-income Americans’ discretionary spending fell this much, which was during the Global Financial Crisis of 2007-2008, it took five to 10 years for spending patterns to return to previous levels, he said.

“And the reason was gas prices fell,” Pearce said. Global oil prices fell by about 70% between 2014-16, which pushed pump prices sharply lower and helped low-income Americans catch up.

“It’s harder to see some revolutionary cost saving (like that) on the horizon,” he said. 

          

Harder to see only if we continue with the green energy nonsense.

The opportunities are YUGE for Trump/Vance because ALL energy costs much more now.

It's not just gasoline. Get the government boot off the neck of fossil fuel producers and gasoline will come down, natural gas will come down, and electricity will come down. 

Base energy from coal should be transitioned to nuclear, which works in cold weather and hot weather without fail just like coal, unlike natural gas, wind, and solar, which are fine where appropriate but not as base energy, the energy you must have when you need it when the sun doesn't shine, the wind doesn't blow, and the gas won't flow.

J. D. Vance knows: