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Professional poker player Matt Matros on the similarity between politicians in the debt ceiling debate and players in a poker game.
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Still watching you can't debate taking place and washed it makes you wonder what really acting in the best interest of the American people -- is that Austin -- to them.
-- -- not the only one because three time World Series of poker event champion Matt nature as things that all the politicians fighting over the debt ceiling.
Looks suspiciously like some of the people he bets against at the poker table.
Professional poker player happy -- here for an exclusive interview -- Matt let's get right to add I mean.
Let's of the one -- everyone knows he is the worst -- in this whole debt ceiling.
Game.
-- the worst lovers where the Republicans who are actually.
Threatening not to raise the debt ceiling I mean.
In poker the only way a bluff can work -- -- it's credible is if the other player actually believe you have a strong hand but in the case for the Republicans here we all knew what would happen and if they didn't raise the debt -- he would be total catastrophe so.
That -- didn't make any sense at all and the lead to their credit -- edited out and now Altman's optimists see couldn't disagree with you more they could shut down the government it's been done before.
I think it's more than shutting down the government if they if they don't raise the -- -- I mean there's so many people there were expecting payments veterans soldiers.
Avenue -- -- -- they decided they pay and they got they could decide to pay those people and not coming out aren't decide it's a very very hard to decide who they pay and who they don't mean the logistics of that are total nightmare there's billions upon billions.
A computerized payment if you wanna go in there try to coated figure out how you can get money to certain people but not others why -- -- -- it sounds like a catastrophe can happen.
When even threatened not to raise the debt ceiling the last time around our credit was downgraded and the markets really tumbled and you really don't wanna take that -- no way the Republicans were ever any doubt but anyway -- exclusive -- what is it anyway it is very risk adverse person right.
Yeah line poker in this someone who basically -- every -- they don't want to take any chances they wait for the perfect opportunity to get their money -- The problem is -- never -- -- means because.
They need to get into more spots where they might have only a little bit of value but it got to actually -- something and -- to see that value so he's in this case ever.
Yeah everyone there all -- everyone involved in this is in it and -- reason I say that is.
There waiting until the very -- to try to come up with them deal rather than propose something along time ago maybe look at six month ahead and say you know what.
We can do something it's good for the country we act right now to avoid this crisis is that of trying to have a password -- at the last minute.
I mean.
It seems like these guys are really just trying to make themselves look as good as they can and not really the bad Beth Anderson the country's not with what's foremost in their mind.
I know you think the biggest -- is -- that's anyone who wouldn't raise the debt ceiling in need we kind of talked about that already.
Who most adept at the flow.
While floating -- -- most viewers probably don't know.
And poker if I have sort of a not great -- but there's -- if -- got the com I might call that from my opponent.
And then wait and see what happens -- decide to make a big I like to sound and that's so.
Yes so it was a good move.
By Boehner and the Republicans to float on New Year's Day when they -- OK well.
For now we're gonna agree to these tax increases but we're gonna wait we're gonna try to make our move a little later while we get some more information about what it would really -- to make this -- and actually there their -- turned out well because they kind of decided.
Before it came to a -- yeah they're big bluff would work until they've come up with a better plan -- You talk to the best real -- is and I love that is that the person who doesn't participate in the game that they're sitting there on the side.
Commenting in and you say it's -- -- -- -- I think it's neat.
Because that's all we can't -- according ultimate rail birds and asset -- -- job is is built on being a real verdict is -- -- finally got to -- -- -- Fox Business.
Newcomer and definitely be the best real birds and all of this I think you have a very good case couldn't that we disappearance -- -- it.
What advice would you give to Republicans because you're -- championship poker player.
They seem to have a week parents but there's always a way to win so what would you tell them what should they do.
-- are playing this cannot think of this kind of a long term strategy I think both -- to be willing to take on more risk I think if Republicans were willing to risk.
Maybe you looking at some -- if you.
You can cut spending in certain places but maybe they'd be willing to put money in the certain -- they are.
Work I get your daddy already did I mean they they took risks Varity said okay don't have -- agree to raising taxes.
And then we'll sit down and cut spending and make -- burden on that so it's not they already took a risk what would be your reply now.
I agree if they got burned by agreeing -- -- the tax increases they did I would say.
If they agree to some more of those risks then maybe in the long term if their economy recovers LB the -- or any politician is currently in office I mean.
If economy is good you get reelected that's how politics work in this country and I think.
With a long term.
Apparently -- CS economy is terrible and someone got reelected Matt thanks for coming on we appreciate your time.
Thanks for having me with I appreciate it coming up.
