Boehner Pledges to Avoid Default

The soft, hard line of John Boehner continues to baffle. What is the endgame when the only rule of the game is to take no prisoners? And how does one suddenly step back from the cliff after the Speaker’s comments to the media? If this is a bluff, there are a lot of chips on the table. Perhaps even the world economy.  Is this a good gamble?


This from the NY Times

Mr. Boehner’s comments, recounted by multiple lawmakers, that he would use a combination of Republican and Democratic votes to increase the federal debt limit if necessary appeared aimed at reassuring his colleagues — and nervous financial markets — that he did not intend to let the economic crisis spiral further out of control.


via Boehner Pledges to Avoid Default, Republicans Say –