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View Diary: How long before the stock market tanks? (29 comments)

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  •  He's just trying to be reelected. (0+ / 0-)

    I'd add that I don't really think everyone will hold firm until that happens.  On the off chance that Boehner doesn't fold, Obama will do something.

    Boehner just needs to have something to point at to satisfy the Republican party base.  If that is something as minor as the S&P US credit downgrading thing caused by the last time they did this brinksmanship, I think he'd be satisfied with it.

    Not that the base would be satisfied with it.  They'd probably be screaming for another shutdown ASAP, but unfortunately for them, I doubt the party would be willing to take another hit from this.

    •  "as minor as the S&P US credit downgrading thing.. (0+ / 0-)

      I'm no finance whiz, but would that be minor?

    •  re: some of the more bizarre theories (1+ / 0-)
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      such as the trillion dollar coin, it appears the GOP is trying to evoke a crisis with some sort of unprecedented move by Obama.  Once he does whatever he does, the House will move to impeach him and tie up his administration for the next two years.

      After all, they got Bill Clinton in a boneheaded move and crucified him; they are still playing from Newt's playbook  

      •  I sort of expect this to happen. (1+ / 0-)
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        I remember the last time they tried it, Bill Clinton's popularity shot up.  I can just imagine their narrative now...

        "Obama saved the nation from default and prevented the world economy from collapsing!  He can't do that!"

        Fortunately, the Senate is democratic and I don't think that would accomplish much besides make Fox News and the Republican base happy.  Jon Stewart would be having the time of his life.

        "Every recent Democratic president gets impeached by a Republican house!  That just proves that Democrats are corrupt!"

        •  One letter and one word different (1+ / 0-)
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          Every Decent Democratic president gets impeached by a Republican house!  That just proves that Democrats are correct!

          Someday soon Republicans are going to drown Grover Norquist - in a bathtub.

          by nuketeacher on Mon Oct 07, 2013 at 04:54:53 AM PDT

          [ Parent ]

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