[Dilbert San Diego]

But Obama said that Geitner had great unique qualifications to be Treasury Secretary. Remember a scandal was brewing about Geitner’s tax problems, but Obama was determined that he be confirmed as Treasury Secretary.

Does the Obama administration take any responsibility for this downgrade? Already Democrats are saying that the Tea Party is at fault, and that the accumulated debt from the Bush era rolling forward also contributed to this crisis.

[Norm Lenhart]

“Already Democrats are saying that the Tea Party is at fault, and that the accumulated debt from the Bush era rolling forward also contributed to this crisis.”

Good! Let them hammer it. Everyone knows its BS and only digs the Dem hole deeper every single time they do it.

[elpadre]

Remember that Geithner headed up the NY Fed while Bush was President and no doubt along with Bernanke helped scare Bush into approving the TARP debacle. These people manipulated a naive President and Congress into believing it was a crisis to end all crisis’ to get the money they wanted and bail out their buddies, IMO.

[rawhide]

Actually obamma gave Timmy an exemption so he could get the job. If Timmy had never been caught, he still would be keeping this thing quiet.

[newfreep]

IIRC, Geitner’s parents knew/worked with Stanley Ann and THAT is why we have Tiny Timmy.

[rawhide]

“If you repeat a lie enough times, people will start to believe it is true’. This is the way RATS operate, to deceive their followers. The truth be damned, because they are in bed with the MSM, and they know the MSM will cover for them. Tell a lie to advance your agenda, because the results justify the means.

[newzjunkey]

Does the Obama administration take any responsibility for this downgrade?

Of course not. Reid's blaming Republicans for not agreeing to a "balanced approach" with higher taxes. Treasury is blaming S&P for a "faulty analysis." Obama blames Bush, the Tea Party... anyone but himself and his allies.

Let's all remember only "Cut, Cap & Balance (HR 2560)," with $4T in cuts, gave the ratings agencies what they said over and over they were looking for. It passed the House, under Boehner, with a bipartisan vote.

What did Obama's White House & the Harry-the-Hooligan say?

Harry Reid: "Over, Done, Dead"

White House: "Duck, Dodge and Dismantle."

They OWN this: Reid, Obama. It's on THEM.

It's not on Bush, it's not on Boehner, it's not on Ryan, it's not on Cantor, it's not on the Tea Party.

Obama, Geithner and Reid did this. A solution was handed to them: they refused because those hard choices didn't conform to their politics.

[lentulusgracchus]

Already Democrats are saying that the Tea Party is at fault......

For not raising taxes.

They're having a cow. Saying that it should be obvious that Congress should have raised taxes (by bulldozing the Bush tax cuts and jacking up AMT). Because it isn't, of course, obvious.

The 'Rats got the "spend spend" part, but the Tea Party took away their "tax tax" -- leading to a certain frailty about the proposition "elect elect" ('Rats). So they're having a cow.

The bad news is that Boehner went for the lie about conforming the compromise solution with "existing law" (i.e. the Bush tax cuts don't get extended again -- ergo, a big increase in taxes). So he really weaseled, and gave Obozo a big chunk of what he wanted, but off the record. (The 'Rat papers sure aren't talking about it, have you noticed?)

Primary Speaker Boehner.