Maybe [the Republicans] 'll find ways around it, but the financial system of the world depends very heavily on the credibility of the US Treasury Department. US Treasury securities are what's called "good as gold"; they're the basis of international finance, and if the government can't uphold them, if they become valueless, the effect on the international financial system could be quite severe. But in order to destroy a limited health-care law, the right-wing Republicans, the reactionary Republicans, are willing to do that.
Noam ChomskyThe Republicans have picked that as the one thing that they want to hang on to to try to gain some political stand, so they have to destroy what they call Obamacare. This is now not all the Republicans, it's a wing of the Republican Party, which is called conservative but in fact is just deeply reactionary.
Noam ChomskyIn the 1960s, various parts of the population became energized and began to enter the public arena to call for the rights of women, students, young people, old people, farmers and workers. What are called "special interests" - meaning the whole population - they began to press to enter the public arena. And they said that puts too much pressure on the state and therefore we have to have more moderation in democracy and they should go back and be quiet and obedient.
Noam Chomsky