[rawhide]

That news was before S&P came out and publically released the news of the downgrade late this afternoon. The did decide to review the analysis earlier when the news was about to come out, and S&S decided they were right, so they released the downgrade news. obamma is the first president to suffer through a credit rating’s downgrade.

[_a_0_0_]

Thanks for clarifying. I see bberg is finally admitting it:

U.S. Rating Cut by S&P on Deficit Reduction Pact By John Detrixhe - Aug 5, 2011 9:09 PM ET

...though surely they knew it right along with everyone else and I'd guess, given Mike's proximity to the industry and Obama's coziness with Mike, even before.

Anyway, as I'd pointed out on another thread, a nice Ramadan gift to our enemies.

[combat_boots]

“suffer”

0bama is suffering?