NEW YORK (TheStreet) -- The potential government shutdown is weighing on equities Monday, but not by as much as most would think, TheStreet's Jim Cramer told Debra Borchardt.

The budget deficit and debt ceiling create a "double whammy," he said, which is why he has raised a lot of cash in the Action Alerts PLUS portfolio. He added there are a lot of people who want the government to default, just to prove a point.

Aside from being reckless, this standoff is also disruptive to the Republican party. As a result, House Speaker John Boehner is losing negotiating power, according to Cramer.

Nonetheless, anytime the market is down moderately, it's reckless not to buy some of your favorite stocks, he said.

In the meantime, Cramer said AAP is still holding cash to add to positions when the market is down substantially.

-- Written by Bret Kenwell in Petoskey, Mich.

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Bret Kenwell currently writes, blogs and also contributes to Robert Weinstein's Weekly Options Newsletter. Focuses on short-to-intermediate-term trading opportunities that can be exposed via options. He prefers to use debit trades on momentum setups and credit trades on support/resistance setups. He also focuses on building long-term wealth by searching for consistent, quality dividend paying companies and long-term growth companies. He considers himself the surfer, not the wave, in relation to the market and himself. He has no allegiance to either the bull side or the bear side.