What if the very Republicans battling with Obama and the Ds about the debt ceiling would gain financially from the U.S. defaulting on its debt?
Hmmm. That sure would explain a few things, and in particular why Mr. Cantor has dug in so deeply in his fight with Obama. See how he may benefit if our nation defaults on its debt in the story HERE.
Why was if OK to raise the debt ceiling many, many times in the 2000s when W was president, the Rs controlled the House and Senate and our debt was exploding in front of our very eyes, but now all of a sudden its a major issue that may shut the government down or much worse?
Naked politics. That's the answer. Politicians of all stripes and parties are capricious to suit their needs, no doubt. But the Republicans are Jedi frikin' Warriors at changing their tune, position and stance on issues by 180 degrees if it will suit their goals of re-election, winning a policy debate or getting legislation passed. And that's what we're seeing here. They want to make Obama look weak so they can win votes in Senate, House and Presidential races next year...taking back over control of the government for their "serve the rich and big companies" agenda.