I just saw where S&P has suddenly changed their tune. THey have now issued a new statement saying that if Congress had simply given Obama a clean bill to raise the debt ceiling with no spending cuts, then Treasury notes wouldn’t have been downgraded. Does anyone have a link to this?
Obama and his thugs get to everyone and everything. Recall how the AATP and AMA endorsed Obamacare?! I was astounded, but then later learned they were bought off in the deal. That is why I fear this Super Congress of the Gang of 6’s. They will focus on the GOP selections like flies. Digging into their past and present like no one ever did. They will destroy and personalize it to the point they will not be able to do the right things.
http://www.politico.com/news/stories/0811/60803.html
One day after lowering the nation’s platinum triple-A credit rating, Standard & Poor’s analysts warned Saturday that the U.S. government could face a second downgrade if the economy continues to struggle and the government fails to make the cuts outlined in the debt ceiling agreement.