S&P to the US: Your credit is no good [White House was prepared for, and expecting, a downgrade] [

Salon ^ | Friday, Aug 5, 2011 21:45 ET | By Andrew Leonard

[fight_truth_decay]

Why the Tea Party-friendly Republicans of the U.S. House own this epic humiliation

On Friday night, after a swirl of rumors and conflicting news reports that will be grist for the Washington pundit mill for years to come, Standards & Poor downgraded the credit rating of the United States.

[Windflier]

The libs are now trying to blame the Tea Party for something Obama signed.

Nothing unexpected about that. Libs are always wrong-targeting. It's what you do when your head is filled to overflowing with lies and utopian fantasies.

[Conservative Vermont Vet]

"Why the Tea Party-friendly Republicans of the U.S. House own this epic humiliation...."

HUH?

WTF?

Let me see if I can wrap my arms around this Orwellian, Moonbat, Newspeak: The T-Party Republicans were the one who fought for bigger cuts and the Neo-Commie Dear Leader and his sycophant members of the Party of Surrender and Defeat (Demo-Rats) in the Politburo (Congress)--aided and abetted by the biased, corrupt, State-Run Media, of which Salon is at the top of the list when it comes to "Rags" and "Bird Cage Liners,"--in fighting and preventing this, yet the T-Party Republicans "OWN IT?"

Look to this trope being all over tomorrow and it will be the "Talking Points" being repeated by all of the Leftist Media and guess what, somehow it will "Stick" and the majority WILL blame the Republicans.

Beam me up Scotty!!!

[E. Pluribus Unum]

President Cloward-Piven promised he'd overwhelm the system.

Mission accomplished!

[muawiyah]

This isn't to criticize S&P, but they are pretty small potatoes compared to the US debt.

They also have entirely too many foreigners on their staff and in management ~

I think they can be safely ignored by everybody.

[BMC1]

Obama needs to resign NOW.

[Enough is ENOUGH]

Let your elected officials know exactly how you feel about their job performance, loud and clear.

[BMC1]

Czars must go and Congress needs to get their butts back to WA and start cutting.

[Flycatcher]

somehow it will "Stick" and the majority WILL blame the Republicans.

There's an easy way to fight this spin.

Point out that OBAMA signed the bill into law. IT'S OBAMA'S BILL!

[unkus]

S&P is a private company. Their office in Italy was just raided by the police.

---

Why did they raid their office?

[WorkerbeeCitizen]

yeah, pretty small potatoes ok, the S&P only the the top 500 employers in the world - but, who’s to say eh?

[darkwing104]

We need to remember that S&P was one of the players behind the Mortage meltdown and has never accepted responcibilty for their role in over rating mortgage-backed securities.

[mojo114]

President Cloward-Piven promised he’d overhelm the system.
Mission accompished!

Indeed it is all part of the liberal Democrat plan.
Destroy so they can rebuild.

[BobP]

Obama has fundamentally transformed our economy as he warned he would do.

Let your elected officials know exactly how you feel about their job ratings, loud and clear.

CUT, CAP AND BALANCE THE DAMN BUDGET.

FAST TRACK THE BALANCED BUDGET AMENDMENT NOW!!!

Reverse ObamaCare, NOW!

--------------------------

Spot on Enough is ENOUGH.

We've been hearing since December 2010 that Obama is going to focus like a laser on the jobs problem. So far... zip.

12-03-2009 - Obama puts renewed focus on job creation
01-27-2010 - Obama's State of the Union address: 'Jobs must be our No. 1 focus'
09-06-2010 - Obama touts new jobs program at Labor Day speech in Milwaukee
01-21-2011 - Obama presses for an economy in 'overdrive'
01-31-2011 - Obama develops 'Startup America' program
08-05-2011 - Obama says 'singular focus' is boosting job creation

Yes sir, the change the people wanted is here and it's getting worse. And he says, we are not done yet!

Zer0 is beyond toast in 2012.

Let's put the 2011 federal budget into perspective: 

National debt.... $ 14.20 trillion
Federal budget... $  3.82 trillion
US income........ $  2.17 trillion
New debt......... $  1.65 trillion
Recent budget cut $  0.04 trillion (about 1% of the budget)

Hmmmmmmm!

[riri]

Now I understand why thet were spinning this as a Tea Party victory. They knew this was coming and planned to blame the TP.

[kabar]

Initially, Obama wanted a clean debt ceiling hike. He excoriated the House budget and Medicare reform. There can be no grand bargain without entitlement reform. The Dems are not prepared to do that. They are using the reform of the entitlement programs as part of their scare tactics for 2012. The Dems want to continue to spend even if it means raising taxes and decimating defense. They know that the welfare state is collapsing.

[I see my hands]

Well, Palin? Well Trump? Start leading (a sound bite or interview isn't leading) or evermore shut up.

[Jeff Head]

OBAMA IS FUNAMENTALLY DESTROYING AMERICA

[linn37]

Its reported in the article from the washington post.

[AGreatPer]

I wish this was a reason for Impeachment.

[palmer]

I think the reason the media is so screwed up (blaming the people who wanted a realistic cut) is that they are in shock over the downgrade. The local liberal newsradio could only repeat it over and over and you could tell the announcers have utterly no clue that we are beyond broke.