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By Crashing Vor Mon Jul 25, 2011 Original Article
There is a small but growing contingent here that believe it might be best to simply let the debt ceiling deadline come and go, let the markets tank, let the so-called "recovery" die in its infancy.
Yeah, that'll show 'em.
Yes, it will be the fault of House Republicans. Yes, the majority of voters will understand that. Yes, it will doom the GOP House majority.
But at what cost?
The markets are down half a percent this morning, and the elevator's not going up. Mutual funds are going to decrease in value significantly as this goes on. Players large and small are dialing their brokers right now.
Let 'em suffer! Rich fat cat bastards! Yeahhhhhhhh!
Um, no.
A lot of our fellow citizens have skin in the market game. A lot of them have all their skin there, seeing as how their houses aren't worth their mortgages, even if there were buyers. Their 401Ks and mutuals are the only hopes they have left to keep from spending the rest of their lives in the poor house.
Oh, wait. That's right. There are no more poor houses.
Since 2001, everybody I know who'd hoped to retire some day has seen the value of their nest eggs go down by 50, 60 percent or more. Now most of them are resigned to working at whatever jobs they can find. Forever. To keep their worthless homes and not have to live in a damn tree.
Nothing would gladden my schadenfreude-hungry soul like watching the permanent destruction of a party that has sacrificed everything good and noble about this country in exchange for raw, naked power. It would suit me to the ground.
But some pleasures come at too high a price. Political triumph at the expense of millions would be one of them.
