House Speaker, John Boehner, Will Resign From Congress

[Chef Ramsay]

WASHINGTON — Speaker John A. Boehner, under intense pressure from conservatives in his party, announced on Friday that he would resign one of the most powerful positions in government and give up his House seat at the end of October, as Congress moved to avert a government shutdown.

Mr. Boehner, who was first elected to Congress in 1990, made the announcement in an emotional meeting with his fellow Republicans on Friday morning.

“My first job as speaker is to protect the institution,” Mr. Boehner said at a news conference at the Capitol, adding, “It had become clear to me that this prolonged leadership turmoil would do irreparable harm to the institution.”

Looking poised and sounding rehearsed, Mr. Boehner, who stunned the capital with his news, became emotional as he recalled a moment alone with Pope Francis, who had been his guest the day before at the Capitol and who had asked the speaker to pray for him.

Reflecting on his decision, he said, “This morning, I woke up, said my prayers, as I always do, and thought, ‘This is the day I am going to do this.’ ”

...http://www.nytimes.com/2015/09/26/us/john-boehner-to-resign-from-congress.html

And, nothing will change as the next establishment pick won't stand up to Obama on anything.

[Wilikon]

https://bitcointalk.org/index.php?topic=1135598.msg12520996#msg12520996

[Chef Ramsay]

Boehner Is Out: What This Means For Government Shutdown Odds And The Debt-Ceiling Fight

In the aftermath of John Boehner's surprising resignation announcement, the punditry has been scrambling to opine what this departure means for the odds of a government shut down, some saying the likelihood has increased, while others, such as Goldman, confident shutdown odds are materially reduced. The truth is likely in the middle, and while the odds of a government shutdown next week are reduced as a Continuing Resolution now appears more feasible, the probability of a broader shutdown in December once the CR expires, have materially risen.

But while a government shutdown would be good news for those who claim (correctly) that the US government has not done anything in the past 7 years punting all decisions to the Fed instead, what's is much more problematic is that the US Treasury will need an increase in the debt target ceiling in November as shown previously, before any continuing resolution is expected to expire.

The upcoming power struggle in the GOP will make any successful and sustainable kick in the US debt limit very tough, especially when one realizes that as a result of accrud debt layering, the real US debt is, as of this moment, about $18.5 trillion - about $400 billion above the statutory debt limit of $18.1 trillion. It also means that in order to kick the can solidly for the next 2 years, the next debt ceiling will have to be just about $20 trillion. There will be quite a substantial shock among the right after realizing this unpleasant development.

...http://www.zerohedge.com/news/2015-09-25/boehner-out-what-means-government-shutdown-odds-and-debt-ceiling-fight

[bryant.coleman]

I am glad that John Boner is resigning from the Congress. He was more of a democrat than a republican as far as the important issues were concerned. A Republican party without the RINOs such as John Boner, John McCain, Chris Christie, Lisa Murkowski, Olympia Snowe, and Susan Collins will be much better than what it is today.

[Spendulus]

Boehner Is Out: What This Means For Government Shutdown Odds And The Debt-Ceiling Fight.....will make any successful and sustainable kick in the US debt limit very tough, especially when one realizes that as a result of accrud debt layering, the real US debt is, as of this moment, about $18.5 trillion - about $400 billion above the statutory debt limit of $18.1 trillion. It also means that in order to kick the can solidly for the next 2 years, the next debt ceiling will have to be just about $20 trillion. There will be quite a substantial shock among the right after realizing this unpleasant development.

...http://www.zerohedge.com/news/2015-09-25/boehner-out-what-means-government-shutdown-odds-and-debt-ceiling-fight

This is not complicated.  The solution is simply to stop counting.  All of the Democrats long ago unlearned how to count.  There are some Republicans who were getting pretty good at unlearning, too.  BoringHerr was a paragon of the virtues of unlearning.

On the flip side, though.  It gets harder and harder to kick the can down the road.  Because there are fewer and fewer cans.  Everything comes in plastic containers.  Special, spring steel, kickable cans are needed. 

China will make them for us.

[Shattered]

Anyone have any ideas on what "Tan Man's" next job will be??
Is Monsanto hiring? Maybe Halliburton?

Im sure with as many times he wore a monkey suit and ground peanuts, he wont have a hard time finding something else to do with his free time.

[Possum577]

And, nothing will change as the next establishment pick won't stand up to Obama on anything.

Agreed that nothing will change. I don't agree that it's because the Republican's won't stand up to Obama. The Republicans need to stand up in a way that isn't ridiculous or postures Republicans as out of touch.

It would be great if Republicans could stop the approval of the debt ceiling, but not at the expense of not passing a budget so the threat of a government shut down looms with Republicans as the reason, the people to blame. Republicans could become the new popular party (yes new, because the party has changed a lot) by focusing solely on fiscal responsibility. Drop the fringe religious votes, drop the conservative social ideals. Reps don't need to deny the religious right or accept social freedoms, just don't have an opinion for a while. Focus ONLY on fixing the fiscal shit that is so out of control.

The next President that has the courage to NOT introduce new legislation that costs money and instead put the US on a spending diet will be the next truly great President (soaring above Reagan stature.)

[vero]

He won't be missed by many. Does the GOP have anyone in the leadership who will put country above party?