Boehner On Going Over Cliff: There’s ‘A Chance’

[bhikkhu]

19. I wonder how many of those guys are shorting US Treasury bonds

...as one reason that the debt is not such an issue is that our economy is rated among the strongest in the world, and our currency the most secure, so we pay practically no interest on Treasury bonds. All the hoopla and propaganda and doom-speak from the repugs about the whole issue seems designed to lower confidence and undercut our credit, which would quickly lead to higher interest rates.

I wouldn't put it past those guys to be planning to make some serious money off the whole thing.