Posted on 08/05/2011 5:04:57 PM PDT by mandaladon
I cannot imagine S&P getting involved in partisan political finger-pointing, especially given how much back-and-forth negotiating goes on for these budget deals.
I think it is more likely that the medium (ABC News) is the culprit.
If the media is slanted, it does not matter who the source is. Some wino on K Street could be the "source."
Most likely, the White House is the source, or the overactive imagination of some ABC News editor.
and certainly Obama and Reid KNEW it before the bill passed.
and i’ll bet money, that BOEHNER AND MCCONNELL did too !!!
Fox is saying it’s done.
Reuters -
U.S. loses AAA credit rating from S&P
http://www.freerepublic.com/focus/news/2759333/posts
Another first for the first (half black) president. Not counting Bill Clinton.
And pushback means Obama has released the Federal fascist hounds to threaten and intimidate S&P to get them to change their minds. You know, just like in Venezuela!
///
and Italy.
the Italian police raided the offices of Moody’s and Standard & Poors.
Hope.......Change.......
CHANGE you can believe in
He did promise to fundamentally change the economy
YES WE CAN!
The above proves this was an issue long before the Republicans held out for spending decreases.
Furthermore, which would cause you to be questioned: (1) Getting control of your spending, or (2) Asking for more credit so you could continue your big-spending ways?
Obama, of course, knew this was coming, as the above quote indicates, and picked this debt ceiling media fight on purpose in order to shift the blame or at least to share it.
Trust in the Lord with all your heart.
He’s the only one who can save us now.
Yeah, a “serious mistake” in analysis of the ballots when Americans voted in 2008
"Cut, Cap & Balance" with it's $4 trillion on "cuts" would've given the ratings agencies what they were looking for.
Heck of a job Reid, Obama!
I heard Geithner’s on his way out anyway so it likely doesn’t make much difference to him. Trouble is this will play out in states and communities who get federal funding....trickle down and all that.
>> Idiots! On both sides!
As far as I’m concerned, they’re all on the other side save the TEA team.
Americans can put up with a lot of things, but humiliation isn’t one of them.
IF Boehner had stood his ground, and gotten even that minimum,
there wouldnt be a downgrade at all.
(and probably not the Stock crash and gold boom this week.)
He could have helped save America. Instead he sold it down the river.
_____________________________________________________________________
Republicans were afraid to stick to their guns and insist on real cuts because they were afraid they would get blamed.
Looks like they are going to get stuck with the blame anyway - If Americans are stupid enough to swallow the Obama BS blame game.
Yes! Yes! Let’s put all of our bets on Obamaponzinomics, since that bastards track record is so good. Bush’s fault, S & P’s fault, Tea Party’s fault, Conservatives fault, negotiation time length’s fault, Rich People’s fault,......it is everyone’s fault except the people in this damn administration who has the decision-making authority and responsibility. There is not an honest man in entire bunch.
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