Not that they're exactly disinterested spectators.
But while an elimination of the ceiling might end all of this political posturing, it would also allow, in theory, unlimited debt....probably the last thing the tea-party folks want to hear.
And let's not forget it was the ratings agencies like Moody's that said the sub-prime mortgage investments were just fine!
And those ten times the debt ceiling was raised during the G.W. Bush years, where was Mr. Eric Cantor then?
The Tea Party folks have one goal: to make Barack Obama a one-term president.
ReplyDeleteAnd they don't care who gets hurt in the process.