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Axelrod: This is a "Tea Party downgrade"
cbsnews.com ^ | August 7 2011 | By Lucy Madison

Posted on 08/07/2011 3:39:48 PM PDT by NoLibZone

(CBS News)

Former White House adviser David Axelrod on Sunday pinned responsibility for the recent U.S. economic downgrade on the Tea Party movement, arguing that the group's political "brinksmanship" during debt ceiling negotiations "brought us to the brink of a default" -- and that, subsequently, "this is essentially a Tea Party downgrade."

In an appearance on CBS' "Face the Nation," Axelrod, currently a campaign strategist for President Obama, said the U.S. economic downgrade was "largely a political analysis" and that "there's a broad consensus that [the U.S.] is still the safest place to invest your money."

Nevertheless, he argued, the Tea Party was responsible for blocking a comprehensive deal that could have prevented such a downgrade.

"We can debate the strength of the analysis that they did, the history of S&P and so on," Axelrod told CBS' Bob Schieffer, of Standard & Poor's, the credit rating agency that downgraded the U.S. market from AAA to AA+ on Friday. "They made an egregious analytical error here but theirs was largely a political analysis... They want to see the kind of solution that the president has been fighting for... that will be balanced, that will include revenues, that will deal with some of our long-term issues."

"For months, the president was saying, let's get together, let's compromise," Axelrod continued. "We thought we had such an arrangement with the Speaker of the House... then he went back to his caucus; he had to yield to the most strident voices in his party. They played brinksmanship with the full faith and credit of the United States. This was the result in that."


TOPICS: Business/Economy; Culture/Society; Extended News
KEYWORDS: 8811; aug82011; axelrod; debt; downgrade; scapegoat; teaparty; teapartydowngrade
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To: NoLibZone

When one democrat says something-—within 15 minutes they are all saying it.

Where is the damn Republican party rebuttal?


61 posted on 08/07/2011 5:15:09 PM PDT by Venturer
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To: jackibutterfly
Why doesn't someone come out and put them in their place?

I'm sure that lots of good conservatives are trying to get some face time this very minute, but the state-run media is under strict orders to keep them off camera, and to mute any microphone they happen to get close to.

The Fuhrer's message is the only message, serf!

62 posted on 08/07/2011 5:46:23 PM PDT by Windflier (To anger a conservative, tell him a lie. To anger a liberal, tell him the truth.)
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To: NoLibZone

Obama wanted the downgrade to happen.

Further now using the communist deflection tactic of blaming your enemies for what you did.

This was hoped and prayed for by Obama. He desires the country to be taken down. This is another milestone goal for him. This is a positive in his eyes.


63 posted on 08/07/2011 5:52:30 PM PDT by Secret Agent Man (I'd like to tell you, but then I'd have to kill you.)
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To: NoLibZone

Such blatant lies to the American public should result in the death penalty.


64 posted on 08/07/2011 5:54:00 PM PDT by Gator113 (Palin 2012, period.....)
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To: NoLibZone

Lying offal.


65 posted on 08/07/2011 5:56:58 PM PDT by luvbach1 (Stop the destruction in 2012 or continue the decline)
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To: Blood of Tyrants
Obastard will be downgraded next year. I can hardly wait.

Yes. And hopefully that downgrade will be permanent.

PS - like your tag.

66 posted on 08/07/2011 6:02:26 PM PDT by upchuck (Rerun: Think you know hardship? Wait till the dollar is no longer the world's reserve currency.)
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To: NoLibZone

These pathetic jackasses make me laugh. Keep it up Dems. The more you pile on the happier and stronger we get. I CAN’T wait until next year. I’m positivly salavating to vote.


67 posted on 08/07/2011 7:15:16 PM PDT by Anti-Christ is Hillary (If Moreen Dowd can call herself a journalist then so can I.)
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To: depressed in 06

Watch it!


68 posted on 08/07/2011 7:54:58 PM PDT by Ax
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To: NoLibZone

FUCK HIM


69 posted on 08/07/2011 8:45:06 PM PDT by Phinanceguy
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To: Phinanceguy
BTTT

Or

Ditto That

70 posted on 08/07/2011 8:47:04 PM PDT by Chgogal (WSJ, Krauthammer, Rove et. al., STFU. Thank you.)
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To: Freddd
"What did Obama 'inherit' from the previous administrations? a 'AAA&' credit rating”

Oh, what a great come back to Obama’s “I inherited....”

I will be bashing Obama voters with that one.

You are Brilliant! : )

71 posted on 08/07/2011 8:52:14 PM PDT by Chgogal (WSJ, Krauthammer, Rove et. al., STFU. Thank you.)
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To: Chgogal

72 posted on 08/07/2011 9:13:46 PM PDT by txgirl4Bush (I Support President Bush and Operation Iraqi Freedom)
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To: txgirl4Bush

Perfect!


73 posted on 08/07/2011 9:14:11 PM PDT by dfwgator
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To: txgirl4Bush

That is an awesome graphic! Mind if I borrow it?


74 posted on 08/07/2011 9:16:06 PM PDT by Oceander (The phrase "good enough for government work" is not meant as a compliment)
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To: FreeAtlanta

Axelgrease


75 posted on 08/07/2011 9:19:49 PM PDT by timestax (Why not drug tests for the President AND all White Hut staff ? ? ?)
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To: NoLibZone

Ah, the people who have never had an original thought calling us the reason for the “downgrade??? This country was downgraded the moment the current moron-in-chief stepped over the threshold of the White House.

The more they call us names, the faster we’ll grow!


76 posted on 08/07/2011 9:22:37 PM PDT by luvie (RUN, SARAH....R U N!!)
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To: sourcery

Just got myself a new tagline. :)


77 posted on 08/07/2011 9:27:19 PM PDT by luvie (It's the Obama Downgrade!)
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To: NoLibZone

No tax increases means tea party downgrade. ahh yes.. what an interesting world we live in.


78 posted on 08/07/2011 9:29:34 PM PDT by Almondjoy
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To: Windflier
The Fuhrer's message is the only message, serf!

If it weren't true, it'd be funny. But it is and so, it isn't.

What would it cost to produce a national TV News station with the 'conservative' spin? Heritage News Channel (HNC) for instance? This is where we're taking casualties, ladies and gentlemen- on the front lines.

When I heard a black woman telling Hannity that the government should provide birth control to women, I wanted to reach through my television and shove the Tenth Amendment up her ass, literally. Fair and Balanced would have been to tell this welfare-sucking-parasite to get the hell out of the studio, not to debate her. WTF?

Same goes for Juan Quisling Williams, Al-not-so-Sharpton, and Charlie Rangel the tax cheat from Harlem, etc. "Get the hell off my camera and out of my studio, bitch!"

The Right needs to step-it-up against these Leftist communists. Were it not for Capitalism, these sh*ts would be living in grass huts. Worse still, their own policies would have us living in shanty towns.

No more Mr. Nice Guy. These f*cks need a knuckle sandwich, on and off the air. I'm not kidding. In this battle of ideas, we can't afford to retreat on this front any longer. Look where it's gotten us? Your kids will come home from school and hate you if you don't drive a hybrid.

OK, so that's two fronts- media and schools. Big deal, not like we can't do it. Take the kids out of school, homeschool or send them to private school. Or, just put them in front of a computer and tell them to learn something- with Google that's about anything you'd want (this is a clue to defeat the Left, but I wouldn't want to reveal it openly to all).

See, the dinosaur sh*tpiles left by the union Leftists to wreck our society are easily bypassed with today's technology. The Free Market will always defeat totalitarianism in favor of individualism. So, the Left will eventually go after the internet and try to contain and control it. Good luck, bitches. The Bell Tolls for Them. Their days are numbered and this Big-Eared Idiot-in-Chief couldn't have come at a better time.

"Free At Last, Free At Last, thank God-Almighty, Free At Last".

If Abe Lincoln were alive today, he'd be on the side of the states in their battle against the debt-slavery the Feds intend to impose on us and our children. And, he would so eloquently make the case to go to war against these collectivist/central planning bastards. "Of the states, by the states, and for the states" would be his cry. Slavery stinks at every level- just because the democrats think it's in vogue does not make it so. 2012 will prove it. The Left gets killed in this next election. And, rightly so. Screw 'em. Go back to Russia, get out of my country. Take your shovel with you.

79 posted on 08/07/2011 10:43:15 PM PDT by budwiesest (It's that girl from Alaska, again.)
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To: NoLibZone

The self described man behind the wheel of the America car, blames the guy “riding in back” because he’s pulled over for a spending ticket.

The Food Stamp Emperor can’t take responsibility for a fart, let alone a country.


80 posted on 08/08/2011 5:39:59 AM PDT by tarotsailor
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