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House Votes To Shield Automatic Military Spending Cuts

By Mr. Cain Thaler – Thu May 10, 2012 2:44pm – No Comments

Maybe they shouldn’t have agreed to those cuts in the first place? Fucking idiot Tea Party freshmen.

The House of Representative has voted to change the terms of last summer’s debt-ceiling deal, in order to protect the Pentagon from some automatic spending cuts.

The bill passed on a 218-199 vote.

Previous Posts by Mr. Cain Thaler

Obama Threatens Veto of DOJ Appropriations Bill Over Block Of Gun Control Law
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Relations Between China, Philippines Heat Up
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FLASH: JPM To Lose Up to $4.25 Billion From Legal Fees
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Po Pimp (1 day ago) The next time this dipshit is right about anything will probably be the first time. [...]

Mr. Cain Thaler (1 day ago) I mean, if you just keep saying "it'll be by the 3Q of this year", eventually you'll be right [...]

CRONKITE (11 days ago) I'll wager on trying to understand, but ignoring for what they believe is the greater good for now. [...]

Mr. Cain Thaler (15 days ago) Ugh, the whole premise of that was since the Fed (themselves) are buying the shit out of bonds, that somehow makes stocks cheaper / safer by [...]

CRONKITE (15 days ago) indeud! We have a right to know... [...]

Po Pimp (16 days ago) E&Y uncovers all this fraud in their survey, but how many financial statements have they refused to sign off on? Inquiring minds want t [...]

CRONKITE (17 days ago) it was a great slide show and it is a wonder we have come this far. perception is everything, but all that downward force will have to rever [...]

drummerboy (18 days ago) great article.this is what i was trying to explain to Bullish,on scott bleirs' thread the other day.this is more of a thorough explanation o [...]

CRONKITE (21 days ago) if u say so.... dare i say we go the other way [...]

Po Pimp (22 days ago) Cool. With the slack asses coming out of school now we will be at 0% unemployment in no time. [...]
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DOW 15,290.70 -0.02% NASDAQ 3,452.20 -0.21% S&P 500 1,647.82 -0.16% VIX 14.19 0.85%	SPX 500 (CFD) 1,647.40 -0.19% DOW (CFD) 15,287.50 -0.05% NASDAQ 100 2,983.40 -0.27% EURUSD 1.294 0.02%	UK 6,654.34 -0.63% GERMANY 8,305.32 -0.56% FRANCE 3,956.79 -0.26% SPAIN 8,264.60 -0.95%	H. KONG 22,618.70 -0.23% JAPAN 14,568.00 0.58% KOREA 1,973.45 0.22% SHANGHAI 2,288.53 0.57%	NAT GAS 4.24 -0.54% GOLD 1,383.00 -0.63% SILVER 22.33 -0.76% COPPER 3.29 -0.14%	FRANCE 2YR 0.19 -10.90% GERMAN 2YR 0.00 -120.00% ITALIAN 2YR 2.18 27.59% SPAIN 2YR 2.81 8.21%	FRANCE 10YR 1.94 0.31% GERMAN 10YR 1.43 -0.90% ITALIAN 10YR 4.14 2.68% SPAIN 10YR 4.42 2.91%	WTI 93.92 -0.35% BRENT 102.57 0.13% WTI/BRENT 8.65 321 CR SPR 21.96 10.04%