Let’s suppose a group of investors put a lot of money on Tea Party representatives and they have enough influence that they can pressure them to hold out against raising the debt ceiling for a few days. Let’s suppose the line of communication is good enough that they can virtually guarantee a hold out for a specified period.Now let’s suppose at the same time they are doing this they are shorting the stock market for profits. It really wouldn’t be that hard if all they needed to do was keep a group of about 25 representatives from the House in line.
Following this logic they could also plan for the day this small band of Tea Party representatives decide to vote the bill through. They could remove their short positions, buy low, and watch profits soar.
Or maybe there is no plan to back down? Maybe instead there is a plan to raise interest rates so banks can increase profits on debtors.
One can only guess what might be happening but it is scary to think how the control of a small group of 25 or so Tea Party representatives could wreak havoc on our system.
As we look at all the secret money flowing into the Tea Party, one can’t help but question some of the motives behind the actions. Could it be this is all about financial gain? Hasn’t it always been about financial gain?