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View Diary: House Republicans vow to keep fighting their losing fight (124 comments)

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  •  I predict... (12+ / 0-)

    ...and probably not for the better, that you're going to see an increasing migration of campaign donations from big business to the Democratic Party (you already see some rumblings with the Chamber of Commerce statements).  As the teabaggers show themselves to be increasingly volatile, unchained, and disrespectful of Wall Street, they become more and more of a liability.  At some point, the threat of higher taxes will be a fair trade off for not having to worry about a default every six months.

    The republic party loves the idea of co-opting these fringe groups they can stoke with xenophobia and racism to prop up their sagging electoral prospects, but in this case, they're discovering that the baggers are so ideologically nuts that they really don't care about big business -- and that's a problem.  Wall Street, the Sauron of our times, has noticed.

    Fascism should more properly be called corporatism because it is the merger of state and corporate power -- Benito Mussolini

    by drcraigphd on Thu Oct 17, 2013 at 08:22:44 AM PDT

    •  Top story on Yahoo Finance... (6+ / 0-)

      'Time to Dump the Debt Ceiling Once and for All?'  They do not like this threat.

      “Socialism never took root in America because the poor see themselves not as an exploited proletariat but as temporarily embarrassed millionaires.” - John Steinbeck

      by RichM on Thu Oct 17, 2013 at 08:43:34 AM PDT

      [ Parent ]

      •  Of course not (0+ / 0-)

        costs them money. Maybe not directly, but interest rates go up, the dollar drops, imports go up, etc.

        And of course, there's the uncertainty. That drives them bonkers. Better to know you'll pay a little more and know what the rules are then to have things change because some crazy has his panties in a twist.

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