The man holding the default gun at Obama's (and the Democrats) head represents Ohio's arch-conservative Republican industrialists.
They are the people who'd rather turn Detroit, Cleveland and Akron (once the Tyre Capital of the world) into half-empty ghettos by sending American jobs to low-wage lands like China than pay a living wage to American workers.
If John Boehner and his profit-mad cohorts are prepared to do THIS to one American city, they'd have no qualms engineering a default to destroy the US economy if that kept donations rolling in for Republicans to help Boehner unseat President Obama.