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Can Wall St. save us from the Tea Party?

In his Op-Ed piece today, Paul Krugman includes this: "Ironically, considering who got us into our economic mess, the most plausible answer is that Wall Street will come to the rescue — that the big money will tell Republican leaders that they have to put an end to the nonsense. But what if even the plutocrats lack the power to rein in the radicals? In that case, Mr. Obama will either let default happen or find some way of defying the blackmailers, trading a financial crisis for a constitutional crisis." I've been wondering if some of these "titans of finance" would put the screws to the GOP (having done it to the rest of us). If we don't raise the debt ceiling, they have to know that it will have a major impact on their business.


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