Matthew Yglesias: The whole reason [President] Obama neither will nor can negotiate with John Boehner is that Boehner has the equivalent of The Bomb. He's threatening the destruction of the American financial system unless Obama implements policies that he favors. ... Vladimir Putin could hold a press conference tomorrow and say that nuclear-armed ballistic missiles will destroy Houston, Chicago, and Indianapolis tomorrow unless Obama agrees to his list of demands.Would it be reasonable for Obama to open a negotiation on those terms? Of course not! The content of the demands isn't even relevant. The threat is too crazy to indulge.
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