Who will blink first, Obama or Boehner?The stock market may collapse at any time, as soon as the Wall Street crowd finally figures out that, yes, the Tea Partiers actually WANT to send us into default, regardless of the consequences.
As we approach the debt limit ceiling, the Tea Party has forced the “establishment GOP” and the Democrats into a game of economic chicken.
I offer this scene from “Rebel Without a Cause,” as an example of what can happen when you play chicken…
The question is, who will blink first, Boehner or Obama?
Both Boehner and Obama realize what will happen (severe global recession) if the U.S. defaults on its debt. So, is either one of them really willing to let it happen?
Boehner likes being Speaker of House and he knows he will lose his job if he blinks. Obama has been blinking since the day he was elected, and his staff has been telling everyone that, “He has learned that it doesn’t work.” But does he want his legacy to be the worst recession since the Great Depression?
What do you think?
– Nash 2.5 is a Trail Mix Contributor