On the day of his coronation to be Speaker of the House, instead of giving an acceptance speech, Kevin McCarthy unexpectedly withdrew his name from consideration. This leaves John Boehner to solider on past his announced departure date. Wall Street types are getting a case of the butt puckers.
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We will not mince words — this is the political equivalent of a dumpster fire,” said Chris Krueger of Guggenheim Securities. “We are increasing our odds from 30 percent to 40 percent for some kind of accident that would keep Congress from raising the debt ceiling in time due to brinkmanship, procrastination or political gridlock.
Read more: https://www.politico.com/story/2015/10/wall-street-rattled-by-house-gop-bedlam-214572#ixzz3o16JE6zg
A fun quote:
We will not mince words — this is the political equivalent of a dumpster fire,” said Chris Krueger of Guggenheim Securities. “We are increasing our odds from 30 percent to 40 percent for some kind of accident that would keep Congress from raising the debt ceiling in time due to brinkmanship, procrastination or political gridlock.
Read more: https://www.politico.com/story/2015/10/wall-street-rattled-by-house-gop-bedlam-214572#ixzz3o16JE6zg
A fun quote:
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Speaker Boehner then immediately moved to adjourn the meeting. Rooney said there was "total shock" and some members were audibly crying.
LOL Republicans can’t even run the House. How could this lot of dysfunctional idiots run the entire government?
