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I'm sure everyone has heard about the Asian markets lately regarding the unprecedented U.S. debt limit standoff.   John Boehner did not really help matters when he said he wanted the outline of a deal ready before they open for the week.  The Asian markets have been jittery given everything else going on in the world.

Well, with one hour to go until these Asian markets begin to open up there is still no deal.

Maybe John Boehner just isn't doing something right.   Maybe that's why he still can't get this thing done.   Maybe it's deeper than that, and maybe it's that he doesn't think he can do anything.   The rest of the world is watching, waiting, and growing disturbed by the political environment.   The Republican Party remains hijacked by the far-right.

The parties have gone their separate ways once more.   Perhaps Boehner lacks the political spine to challenge the far-right preventing him from doing anything but the madness they demand be done in Cut, Cap, and Balance.   Then again, it's more than likely that a good number of them just want to see a default; maybe they think it's for the best, and maybe they think it'll hurt Obama's reelect chances somehow.

What is perfectly clear is that the Republican Party has a good many people scared shitless.


Will It Be a Bad Day For the Asian Markets?

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| 73 votes | Vote | Results

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