Bluffing With Their Cards Showing

Chait doesn't understand the GOP financial regulation game plan:

So now the Republicans are trying to bluff in poker when they and their opponent know they have the weaker hand, and their opponent has heard them admit that their strategy is to bet for a couple rounds and fold before the end. Why not just cut their losses now? This makes zero sense.

And that is a change from everything else they've done to self-destruct as a serious governing party since 2009?