Sunday, June 26, 2011

No wonder Eric Cantor wants the debt talks to fail!


Eric Cantor has a financial stake in whether or not the United States defaults on its debts: Cantor stands to make money if the U.S. defaults!
House Minority Whip Eric Cantor (R-VA) has often expressed concern for how Obama administration policies are supposedly a “grave danger to America’s prosperity.” Now, the Wall Street Journal finds that Cantor actually invests in an exchange-traded fund that “takes a short position in long-dated government bonds” — effectively betting against the U.S. Treasury bonds that the government uses to fund its operation.
Eric Cantor has a vested financial interest in the failure of the U.S. economy, yet until last week he was the Republican leading debt negotiations with Vice President Biden.

You can read more about sleazy Eric Cantor by clicking here.

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