Is Wall Street the ostrich in this debt business?

Default Risk: Wall Street’s Shocking Debt Denial - The Daily Beast: "Eric Cantor and Paul Ryan began laying markers in the sand that they would countenance no new taxes, would demand drastic spending cuts, and would use the debt ceiling as leverage." I spoke to a biggie awhile back and he said there would be a debt deal, with the assurance that comes from one in the know. But I recall that in the Bush era all you had to do was choose the worst possible option and it would come to pass like clockwork. As if these guys had an instinct for evil. We are still in the shadow of  the Bush era and only Obama has the potential to dispel it. No wait a minute. Wall Street also has the power to bring DC to heel. But this article says that is not necessarily going to happen.


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