Why do we assume big business doesn't want America to default?

[arbusto_baboso]

Why do we assume they are even intelligent enough to know their own best interests, when they've demonstarted time and again that they can be distracted by a few dollars waved in their general direction?

And why do we assume that they aren't trying to play some angle on the debt ceiling that will win them a windfall in the short term? After all, they are just grifters on a large scale, so they MUST be playing an angle of some sort.

[Autumn]

1. Fire sale? Hell I don't know, but I am

not about to assume they give a flying fuck about what happens to America. Most big companies have their money socked away offshore anyway.

[antigop]

2. If the stock price goes down, the value of CEO and executive stock options go down

It's in their financial interest to keep the stock price up.

[arbusto_baboso]

3. But if large assets in the US can be had for pennies on the dollar...

wouldn't they look past the stock prices, at least momentarily?

[DearAbby]

5. Ahhhhhhh but

they have been storing the fat, to wait us out. After default, and the rest of us lose what little we have...we will be fighting each other for the crumbs falling off their table. TRICKLE DOWN.

[AndyTiedye]

8. Most of their Options are Underwater Anyway

[piratefish08]

4. i've been thinking the same thing. if that idiot, fuckmuscle Cantor can figure

out an angle to turn bucks on a crash, then there are WAY smarter criminals than just him at work...................

[indurancevile]

6. i think it's wrong to speak of "big business" as a monolithic bloc. but definitely,

someone is playing an angle.

[alcibiades_mystery]

7. That's a damn good question

It is amusing, in any case, to see leftists declaring that finance capital will ride to the rescue.

[AndyTiedye]

9. The Teabagges and their Paymasters are Betting on Default

Cantor has his Proshares Ultrashort ETFs which will pay off after he helps throw the country into default.

Kind of like the folks who bought "put" options on the airlines just before 9/11.

A pretty safe bet if you're into that sort of thing.