Posted on 08/08/2011 11:07:27 AM PDT by MissesBush
While continuing to cast doubt on the credibility of Standard & Poors, several Democrats on Sunday said there is an even greater culprit in the downgrade of the nations credit rating: the tea party.
I believe this is, without question, the tea party downgrade, Sen. John F. Kerry, Massachusetts Democrat, said on NBCs Meet the Press on Sunday, a day that also saw mounting anxieties in world markets over the downgrade among myriad other economic woes worldwide. Some of the worlds top financial ministers issued a joint statement Sunday night committing themselves to preserve the stability of financial markets and their economies.
David Axelrod, a former senior adviser to President Obama, used the exact same phrase in dubbing the credit rating drop the tea party downgrade, as Democrats tried to position themselves as reasonable, pragmatic leaders and conservative Republicans as irresponsible ideologues who caused the downgrade by refusing to accept any new taxes.
Thats exactly the kind of blame game that led Standard & Poors, one of three key credit-ratings agencies, to strip the U.S. federal government of its AAA status Friday night and reducing it to AA+ for the first time in the nations history.
Congress and the administration are jointly responsible for the conduct of fiscal policy. So, this is not really about either political party, David Beers, the head of S&Ps government debt-rating unit, said during an appearance on Fox News Sunday.
The tea party hasnt destroyed Washington. Washington was destroyed before the tea party got here. The hope is that the tea party and middle-of-the-road people can find common ground to turn this country around before we become Greece. Sen. Lindsey Graham, South Carolina Republican, said on CBS Face the Nation.
(Excerpt) Read more at washingtontimes.com ...
*Like a two pack a day smoker blaming the American Cancer Society for catching lung cancer*
Also, like a two pack a day smoker blaming the Surgeon General for catching lung cancer.
;-)
DEMOCRATS RACE TO SEE WHO CAN COME UP WITH THE MOST UNBELIVABLE LIE. (Al Gore worried that he may lose his title as Dems challenge each other in “Race to the Bottom”)
The House passed Cut, Cap & Balance no small thanks to Tea Party representatives. Senate IGNORED it. Obama IGNORED it. - S&P reps said Cut, Cap & Balance would have avoided this downgrade.
I think Obama WANTS a civil war, so he can call out the military to quell “uprisings” and declare martial law before the elections next year. - Did he ever get his personal “civilian security force” that he wanted?
Love the Fire Alarm, Fire analogy!
Blaming the Tea Party comes close to being as stupid as the dem moron who thought the Island would tip over if all the soldiers stood on one side of it.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.