Some people may actually profit by betting against our economy's recovery.

[Kuciwalker]

Higher interest rates would be the result of a recovery.

[Asher]

In case of the USA, you lose.

Oh, it's a Canadian recovery fund. I wouldn't invest in a US recovery.

[MrFun]

Then you're smart, Asher.

[Zevico]

Does Cantor Really Want Recovery?

This is just like those evil, evil republicans. You best believe it. Does big mike and moveon.org have a video on youtube on this with him pointing at a blackboard with a piece of chalk? I don't get my commentary anywhere else. Him pointing with chalk to a blackboard is how you can tell that the video is an informative schoolmarm's lecture on economics and not poorly produced far left propaganda.

[MrFun]

I guess you're oblivious to how much greed can affect human behavior, Zevico.

[Zevico]

I guess you're oblivious to how much greed can affect human behavior, Zevico.

You can "guess," but idle guesses are no substitute for thinking seriously about economic issues.

Let's suppose, for a moment, that this monumental sum of $15,000 USD "makes a killing."

Let's suppose, for a moment, that the economic otherwise goes in recession or depression because Eric Cantor wants to "make a killing" from $15,000. Property prices fall; salaries fall; unemployment rises. These prize economic conditions are excellent for the good Mr Cantor's future and current prosperity, of course, as well as that of his family.

What kind of return would you want from your $15,000 so that you can rest assured that you and your family would be sitting pretty for the foreseeable future while your other sources of income dry up? Is $15,000 the only thing he's invested, ever? What about shares on the stock exchange? What if your children lose their jobs? What if your property becomes worthless?

The fact that this man invested $15,000 USD in short selling does not prove that he has some undue motive to bankrupt the nation. It's $15,000. It's not like he threw his life's savings into this. It is terribly naive of you to think that he's betting on a $15,000 investment when entering into these negotiations.

The fact that you posted this article merely indicates how willing you are to take nonsense at face value.

[KrazyHorse]

Higher interest rates would be the result of a recovery.

Thank you...

[Ogie Oglethorpe]

And so it comes full circle. Wasn't there outrage, shiock, and dismay that the Dems were accused of secretly hoping and rooting for terrible conditions wrt Iraq war and Economy circa 2003-2006? To make these claims was the height of improper unseemly partisan conduct.

"How dare you accuse us of being unpatriotic" "We are not traitors" etc. was the rallying cry of the falsely accused.

Now instead the President himself and his Sec of State chatises congress for the executive branch's own shortcoming vis-a-vis Libya military involvement and failure to get authorization from congress in keeping with War Powers Act (what likely would have been a slam dunk) and indicates that they are on the wrong side. A much greater degree of calling the opposition traitors than I can recall from any other administration.

[KrazyHorse]

I guess you're oblivious to how much greed can affect human behavior, Zevico.

You're apparently oblivious that short treasuries should generally be viewed as a bullish bet on the us economy...

[ColdWizard]

Clearly this guy is up to no good since his shorting bond fund is in the same value range as his stock in Domino's pizza and Verizon stock (and various other assets). He's going to make a killing when pizza phones are rolled out.

[MrFun]

You can "guess," but idle guesses are no substitute for thinking seriously about economic issues.

Let's suppose, for a moment, that this monumental sum of $15,000 USD "makes a killing."

Let's suppose, for a moment, that the economic otherwise goes in recession or depression because Eric Cantor wants to "make a killing" from $15,000. Property prices fall; salaries fall; unemployment rises. These prize economic conditions are excellent for the good Mr Cantor's future and current prosperity, of course, as well as that of his family.

What kind of return would you want from your $15,000 so that you can rest assured that you and your family would be sitting pretty for the foreseeable future while your other sources of income dry up? Is $15,000 the only thing he's invested, ever? What about shares on the stock exchange? What if your children lose their jobs? What if your property becomes worthless?

The fact that this man invested $15,000 USD in short selling does not prove that he has some undue motive to bankrupt the nation. It's $15,000. It's not like he threw his life's savings into this. It is terribly naive of you to think that he's betting on a $15,000 investment when entering into these negotiations.

The fact that you posted this article merely indicates how willing you are to take nonsense at face value.

No, $15,000 is not a "killing." And no, I don't think this is his only investment.

So why invest such a paltry amount of $15,000 in short selling?

[giblets]

I don't think someone is likely to become a member of congress if they value money over how people think of them, whether they get a sense of satisfaction from making the world a better place, etc. to such an extent that they would try to force the US government to default on its debts just so they can win $15,000.

[MrFun]

So he invested money because he did not want to make any money out of the investment.

[giblets]

Of course he wanted to make money. Someone has already offered a very plausible explanation for his investment (it's a good investment if the economy recovers, and he thinks it will). Seems a lot more plausible than some scheme to make the US default on its debts that would make him infamous just for $15,000 when he's already rich.

[MrFun]

Okay - I'll buy that greedy politicians have our country's best interests at heart.