I fucking HATE Eric Cantor and his Teapublican buddies.

[boxman15]

He and his Tea Party buddies are holding the whole fucking country hostage just so that his hedge fund buddies and CEO pals won't have to pay a little extra in taxes. It's so ridiculous.

74% of REPUBLICANS are open to raising taxes on the uber-wealthy. That's nearly 3 out of 4! So why can't this asshole be willing to give a little bit and let this country breathe a little bit?! I truly don't understand how these people can act this way, hold all these people hostage, just so corporate jet owners won't have to pay a little more to Uncle Sam...

I normally try to keep a cool head and keep things in perspective, and most of all stay away from hyperbole, but I'm sorry. There is too much at stake. Should we default, there will be drastic, drastic cuts or suspensions of pay to military families, Social Security, Medicare, Medicaid, college financial aid, programs to help the poor and elderly, federal law enforcement, I could go on and on and on. Food prices, credit card rates, housing payments, etc., will skyrocket, the economy will go into the tank and reach Great Depression levels, if not worse.

All of this because Eric Cantor and his Tea Party pals don't want their Wall Street pals to pay just a little bit in taxes.

What a fucking joke. You want to know why we're falling behind? You want to know why our country is declining?

^That's why. The audacity of these jackasses on Capitol Hill to suggest that we all suffer so that the uber-wealthy won't have to pitch in a little more. It's fucking insane. It makes me sad, angry, and disappointed that it's come to this.

Sorry for the rant, but I'm just thinking about what would happen to this country should we default. And it makes me angry because it shouldn't happen. The only reason this is happening is because the wealthy have too much power and these egomaniacs in Congress don't want to make President Obama look good.

And we may all suffer for it.

[bigmonkey]

1. Upton Sinclair's quote is apposite here.

"It is difficult to get a man to understand something, when his salary depends upon his not understanding it!"

Cantor's job isn't what he says it is, or what he was elected to do. His job is to do precisely what he's doing, seems to me. He's paid, or promised to be paid later, for his determined intransigence.

[polichick]

10. Yep, he fancies himself the DC version of a "Big Swinging Dick."

[Booster]

2. Posted by someone else earlier. I think this has a lot to do with

Cantor's actions also. This is what should outrage everyone on both sides. He shouldn't even be in the meetings.


Eric Cantor could rake in windfall if debt ceiling isn’t raised

Economists have said that failing to raise the debt ceiling could be catastrophic for the U.S. economy, but at least one lawmaker stands to gain financially if the country defaults on its debts.

House Majority Leader Eric Cantor's (R-VA) latest financial disclosure statement indicates that he owns up to $15,000 of ProShares Trust Ultrashort 20+ Year Treasury EFT, a fund that will likely skyrocket as U.S. debt becomes less desirable.

"If the debt ceiling isn’t raised, investors would start fleeing U.S. Treasuries," Motley Fool's Matt Koppenheffer told Salon. "Yields would rise, prices would fall, and the Proshares ETF should do very well. It would spike."

"Cantor's involvement in the fund and negotiations is not ideal," he added. "I don’t think someone negotiating the debt ceiling should be invested in this kind of an ultra-short... It looks pretty bad."

More:
http://www.rawstory.com/rs/2011/06/30/cantor-could-rake...

[Ikonoklast]

9. He's already fucked on that.

The market has moved against him, last thirty-year treasury sale was a huge success.

The market has already figured in that a debt deal will be reached.

[DesertFlower]

3. i have to agree with you. nt

[wryter2000]

4. Welcome to DU

:hi:

[boxman15]

5. Thanks!

I'll keep my angry rants to a minimum haha

[rasputin1952]

6. Well, you're not alone on that score...

DUer's tend to see Cantor as satan's putrid asshole, then again, the Weeping Cheeto is no prize, and McConnell is half a gene away from being a Galapagos tortoise.

Welcome to DU...:hi:

[Historic NY]

7. Can we send ERIC CANTOR some peas?...........

I'd like to call him at 3am on his cell phone....so I can tell him peas are good for him.

[Ter]

8. Except the Tea Party doesn't like Cantor

They hate the Speaker as well. People throw around the term too loosely. What's next, Bush a Tea Bagger?