Originally Posted by Jeffery J. Haas
Originally Posted by Ted Remington
"I wonder if he is aware of the fact that a large majority of Tea Party faithful in Congress have invested heavily in credit default swaps that pay off in the event of a national debt default. "

Source please.

Welp, to start with, there's Eric Cantor.

Quote
Cantor still has up to $15,000 in the same fund. Contacted by Salon this week, Cantor’s office gave no indication that the Virginia Republican, who has played a leading role in the debt ceiling negotiations, has divested himself of these holdings since his last filing. Unless an agreement can be reached, the U.S. could begin defaulting on its debt payments on Aug. 2. If that happens and Cantor is still invested in the fund, the value of his holdings would skyrocket.

Eric Cantor's Glaring Conflict of Interest

Would you like more?
I mean, he's one of the leaders but I'm sure with a little more research I can dig up a nice little laundry list.

I'd just point out that one Congressman is not a "large majority" of any group larger than one. Cantor appears to be a multimillionaire, and an investment of a few thousand bucks isn't very much. From what you posted originally I sort of envisioned these tea party guys sitting around a table in a bar sharing ways to profit heavily from their actions.

I doubt very seriously that a large majority of the Tea Party faithful in Congress are invested in such contrary funds; I doubt very seriously that you can do prove what you said, and my main purpose is to point out to the casual readers of this site that they should take what you said cum grano salis. Remember, you are the one who said this was "fact."

Take the nacilbupeR pledge: I solemnly swear that I will help back out all Republicans at the next election.