Both party is really corrupted beyond repair sold to US corporatist."Nice country you got there ..." drawls Mitch McConnell, ranking Republican in the US Senate. "Shame if anything were to happen to it."
Sounds like a Mafiosi engaging in a protection racket. Apparently, that is exactly what the American Republican Party has in mind for Americans. The Republicans are threatening to "burn down the country" by failing to raise the debt limit if their demands are not met.
I always thought Republicans hated America. Their heroes, like Mitt Romney, put all of their money overseas in offshore investments in the Cayman Islands or Switzerland. Big Republican-led corporations move their headquarters overseas, to avoid US taxes and regulations, and they move production overseas to avoid paying fair wages to American workers. So it is natural that Republicans are willing to destroy America in their effort to achieve their narrow agenda.
The really great thing, if there is a great thing, about reneging on the US debt obligations by refusing to raise the debt limit is that it will really hurt the rich. Their investments will plummet in value. Sure, everyone will lose, but billionaires have a lot more to lose than perhaps a homeless veteran living under a bridge in Cincinnati.
Obama has said he is not bargaining on this one. We all know Republicans love money more than anything else. So Obama has made the decision to let them tear down their own playhouse.
The Republicans destroyed the value of US real estate in 2007. The Republicans destroyed the value of equities in 2007, ruining many 401K plans. It only makes sense that the Republicans will continue their "scorched earth" policies by further destroying investment and property values, while at the same time increasing the interest rates as a result of a default on the US-backed securities.
Obama = Goldman sach...
Romney = Goldman Sach
what does taht tell you?