Insider Hedge Fund Dollar Bets on Debt Ceiling Negotiation Horse Race?

Insider Hedge Fund Dollar Bets on Debt Ceiling Negotiation Horse Race?

It is easy to imagine that the rise or fall of the value of the dollar, hedge fund bets on it besides credit default swaps and sundry ten dimensional financial trading instruments could be the present Wall Street illuminati wave of public trust trimming that some Republicans could be making a killing on by letting the federal government default on its debt August 2nd 2011.

Unfortunately it seems to financially unsophisticated observers that the Wall Street Banking, Investment, Risk Arbitrage and currency speculators with Republican support may be toying once again with exotic trading products for windfall profit to their immediate financial gain without regard for the economic loss of the nation.

The Hungarian-Jewish-American legendary currency hedge fund short seller George Soros famously made a fortune betting on the value of the British pound and was credited with costing that government loads of cash. Perhaps President Obama might get expert advice from Mr. Soros on what to look for on Wall Street’s present betting in order to trace possible connections to Republican political inside traders short selling the U.S.A.

Raising taxes on Wall Street’s rich would be one realistic way to capture some investment for development of new, transformative ecologically rational transportation and housing businesses in the U.S.A. rather than far beyond the borders. Republican House and Senate leaders are positioned like inside trading partners heavily invested in global trading funds and corporations with full knowledge of their own plans to devalue the dollar unilaterally by letting the government negotiations on raising the debt ceiling fail.

In failing to raise taxes on the rich and on Wall Street, and in failing to cut pork barrel and bad federal projects in their districts Congressional Republicans know they have a President weak at economic negotiations and comprehension of Wall Street’s affect on the nation’s economy the past 40 years. They also have confidence that Chief Justice Roberts will without exception throw court decisions in the directions of his investments on The Street when simultaneous processing of cases of international investments are in the balance..

The spirit of Ted Stevens at appropriations lives on in Sen. McConnell and Speaker Boehner.

If Greece was not using the Euro instead of the Drachma these days hedge fund manager would be placing their billions on that currency during Greece’s present budget troubles. It is said that the U.S.A. isn’t Greece-that the U.S.A. isn’t really broke; however the U.S. dollar does stand alone and is thus a good currency to bet on and to win billions or even a trillion or two should the dollar’s value plummet on a definite schedule known by insiders.