John Boehner has said that he will not permit a default on our debt.

[kentuck]

Now, that may mean he will try to simply pay the interest on the debt? We receive enough incoming tax revenues each week to take care of that.

But in purely Machiavellian terms, if the country indeed defaulted after Boehner promised that it would not and the economy collapsed as a result, that could be a death blow for the modern Republican Party. No amount of propaganda could rescue them from such a calamity, in my opinion.

However, no one wants to default on our debt, least of all the Democratic Party. But the only bright side in the entire fiasco might be the demise of the Republican Party?

[kwolf68]

1. So what would be left

Libertarians and the Theocrats

[kentuck]

2. Possibly.

They might turn against the Democratic Party also? However, the need for a Democratic Party would remain.

[Politicalboi]

3. He'll just say

He didn't want it, but Obama did because he wouldn't cave on Obamacare.

[kentuck]

4. But he has already said that he will not permit a default...

It's public information.

[Politicalboi]

5. Well then they'll try to piece meal it

I guess we'll just have to wait and see.

[Cali_Democrat]

6. That's means he would prioritize paying off the Chinese over Medicare and Social Security.

I'm sure that will go over well.

Not.

Also, the credit market will still essentially consider it a default.

Its a stupid idea.

[Downwinder]

7. Missing SS is a default. Soc Sec is a debt backed by Treasury notes.

[kentuck]

8. No doubt.

It would be stupid.

[AlinPA]

9. From what I've heard that is a rumor and he did not state this to the media. He is still going for

the default.

[R. Daneel Olivaw]

10. Thanks for the post, but I believe that your analysis is wrong.

As long as there is money behind the GOPigs they will exist in one form or another.

If eight years of Lil Boots, a recession, two wars, a melt down and all the PNAC/conservative evil during that time did not the GOP then it will take more than just them running the economy off into the ditch once again.

It would probably take a civil uprising, with lots of pols dancing in the breeze, to put a nail in the GOP coffin.

[kentuck]

11. I think this is all just a continuation of the Bush disastrous policies...

It brought us the huge debts and the birth of the Tea Party and now, this. The Republicans had to join forces with the devil to survive this long.

[R. Daneel Olivaw]

13. Don't get mewrong. I would love to see their demise, but I would also

be scared for two reasons.

1) The party(s) that would emerge from the ashes of the vulture would be far worse.

2) The refugees from the GOP would be welcomed in to the Democratic fold: moving it farther toward the right.

[kentuck]

14. Then people would have to look for other options...

I suppose?

[indepat]

12. The only thing I would ever believe coming out of le Orangeman's mouth is a confession that he is

holistically an unprincipled and lying arsehole.