Why aren't most people connecting the dots with Cantor making $$ off default?

[Liberal_Stalwart71]

Cantor stands to make a killing off of U.S. default:

House Democrats are circulating a resolution accusing House Majority Leader Eric Cantor (R-Va.) of having a conflict of interest in the debt ceiling debate, a move that could provide an awkward C-SPAN moment for one of the lead Republicans in the budget negotiations.

The resolution goes after Cantor's investment in ProShares Trust Ultrashort 20+ Year Treasury ETF, a fund that "takes a short position in long-dated government bonds."

The fund is essentially a bet against U.S. government bonds. If the debt ceiling is not raised and the United States defaults on its debts, the value of Cantor's fund would likely increase.

http://www.huffingtonpost.com/2011/07/08/eric-cantor-conflict-interest-debt-limit_n_893354.html

---------

I think a few people may have posted this story here. Other than that, only Randi Rhodes has discussed this...

[KamaAina]

1. Especially since the M$M has been bellowing about it 24/7

:sarcasm: :sarcasm: :sarcasm:

[Lisa D]

2. This should be a lead story

on every MSM channel. You know what would happen if a Dem did this, right?

[Liberal_Stalwart71]

5. But what's the lead story, instead? Cantor's account of Obama "walking out" of talks!!

And people here on DU are screaming about Obama not being out there working the bully pulpit?

How can he when all the media cares about is making Republicans look "responsible" and "sane!"

[TomClash]

3. It's summer and

I have to go to work and . . .

. . . it doesn't really affect me and . . .

. . . well, you get the idea.

[nadinbrzezinski]

4. And Hartman, the media, as in MSM will not

[RC]

6. When are people going to start talking Treason charges against these loons??