Why haven't the Koch Clan reined their baggers in? Would they benefit from a default?

[snagglepuss]

Would they benefit from a splintered RW?

[cutlassmama]

1. Sure interest rates are going to go up.

[Ruby the Liberal]

4. Which means the price of their bond holdings go down

it also means a higher cost for Crotch Industries to finance their fixed income issuances.

[AndyTiedye]

2. Maybe They're Short

[johnd83]

6. I think somebody has to be shorting treasuries

or this entire situation makes even less sense.

[AndyTiedye]

9. Well We Know Cantor Is Invested in an Ultrashort Fund…

…that will pay off bigtime if we default.

We can assume that his paymasters are too, but their numbers have a few more zeroes at the end.

[Electric Monk]

17. And, of course, it's not like there's any conflict of interest there

:sarcasm:

[Mimosa]

3. investors can profit from chaos and uncertainty. n/t

[pnwmom]

5. Some of them, like Cantor, probably will benefit -- are actually

placing bets against the economy.

[Hugabear]

7. How do you rein in a pack of rabid wolverines?

They created a monster they cannot control.

[gulfbreeze]

10. Sort of like the US created or rather trained bin laden and his crew

[snagglepuss]

16. An interesting analogy. Instead of submissive idiots, idiots whose power

has gone to their heads.

[snagglepuss]

13. It certainly seems like that but I don't think they would do anything without

a payoff and/or direction from those who are financing them.

[Hugabear]

15. Don't know about the Koch guys, but a lot of rich folks would wind up bankrupt in an economic crash

Can't imagine that very many corporate types are eager to experience a global economic crisis.

[napi21]

8. Honestly, I think they created something they now ca't control.

Remember those words "Be careful what you wish for". The nutball TBers are out of anone's control now and they know they have power. Boner is too prowd to ask the Dems for help on this vote and he & his speakership may go down because of pride.

[nadinbrzezinski]

11. The kids are out of control

Their predecessors were kicked out of the party... and sent to the kid's table... but these guys, they gave them an M80, and ooooopppp it was a full tac nuke with codes.

They are out of control imho.

As to the Kochs, they benefit either way. Remember these "patriots" helped Stalin build the state.

[kestrel91316]

12. The Koch brothers have no doubt shorted stocks and T bills.

They'll own this country outright if there is a default. THEY WANT IT.

[divine_truine]

14. the koch industry-funded teabagger party know NOT what the hell they are talking about...

Especially when it comes to running a 'functional' govt...for the people by the people!

When teabaggers are invited on to a network (other than fux noise) they melt under the harsh light of chronological & orderly FACTS! They are such corporate boot lickers entranced by greed & a lust for power that it is truly a spectacle to behold

[applegrove]

18. If they are looking to expand around the world and buy up business a worldwide

economic tanking would be good for them. That way they could buy up businesses cheap. That is the only thing I can think of.