Posted on 08/08/2011 11:07:27 AM PDT by MissesBush
While continuing to cast doubt on the credibility of Standard & Poor’s, several Democrats on Sunday said there is an even greater culprit in the downgrade of the nation’s credit rating: the tea party.
“I believe this is, without question, the tea party downgrade,” Sen. John F. Kerry, Massachusetts Democrat, said on NBC’s “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 world’s 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.
That’s exactly the kind of blame game that led Standard & Poor’s, 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 nation’s 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&P’s government debt-rating unit, said during an appearance on “Fox News Sunday.”
“The tea party hasn’t 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 ...
It is scary to think how close we came to having this raging imbecile as president. So the people preaching fiscal sanity in a sea of fiscal derangement are to blame for the S&P's downgrade over the US debt load?? LMAO! That's like blaming the American Cancer Society for your catching lung cancer.
John Skerry is a nasty, bald-faced liar, that’s all there is to it. I absolutely cannot stand him.
Civil War is just inevitable.
The TP is the single greatest threat to the DNC’s ability to buy votes.
So we are their number one target.
How may TP members are there in Congress?
80?
40?
10?
1?
Like a two pack a day smoker blaming the American Cancer Society for catching lung cancer. :)
Probably with the GOP leadership's full consent.
Guess they figure “Bush’s fault!” has lost some of its impact.
1. The S&P downgraded us to AA+ from AAA due to the fact that the government borrows to much and adds to the debt and spends to much.
2. The Tea Party wants to spend less and borrow less.
3. Therefor it is the Tea Party's fault for the downgrade????????????????????
Of course, John Kerry also 'believes' that Richard Nixon sent him in to Cambodia in December of 1968 -- a full month before Mr. Nixon took the oath of office as the country's CIC.
Blame. Blame. This is all these idiots can do.
Obama's base of support is made up of minorities. If you assemble every black person, every left wing ideologue, every college student, every union loyal teacher or member of a union and, counting the various overlaps, sorted them out they would amount to no more than 30 to 40% of the voting public. The rest are either sympathetic toward or already part of the "Tea Party".
Knowing that, the only thing the opposition can do is whine, threaten, and eventually resort to outright violence. That is already happening and will crescendo as we approach the 2012 election. But even as they do so they will just push more people to the Tea Party side.
Boehner said he got 98% of what he wanted. The Tea Party can’t escape taking a victory lap.
I'm having a tough time buying that. He wanted a two step borrowing authority... but Obama sees his way clear to 2.5 Trillion in additional borrowing. He wanted 4, and then 3 dollars in cuts for every dollar in tax increases. He got maybe one, if you believe in outlying cuts to baseline budgeting, and ignore the likely veto of the Bush taxrate expiration and the 3.8% taxhike built into Obamacare after 2012.
How did he get 98% of his wishlist?
I'm having a tough time buying that. He wanted a two step borrowing authority... but Obama sees his way clear to 2.5 Trillion in additional borrowing. He wanted 4, and then 3 dollars in cuts for every dollar in tax increases. He got maybe one, if you believe in outlying cuts to baseline budgeting, and ignore the likely veto of the Bush taxrate expiration and the 3.8% taxhike built into Obamacare after 2012.
How did he get 98% of his wishlist?
I don't know - maybe if he'd been president he would've done less harm that the raging imbecile we're currently stuck with. We could be in the middle of a recovery right now...
From Para-Ord.45, yesterday comes this quote, which needs to be stated often!
-S&P exec John Chambers,
“But $4 trillion would be a good down payment. We thought that..if policy makers could deliver the goods on that, then that would be a strong sign on our political scores and eventually on our projections on the fiscal side.”
S&P has already said it may slash the Triple-A rating if a debt ceiling deal is not accompanied by what it deems is a credible plan to cut the $14.3 trillion federal [debt] by $4 trillion.
S&P’s Chambers is saying the ratings agency wants to see at least a $4 trillion deal, one that would come with bipartisan support.
There was only ever one plan that did what S&P said was required — $4 trillion in cuts with bipartisan support. That’d be Cut, Cap, and Balance — a plan that cut $4 trillion and got bipartisan support in the House of Representatives.
As Democrats tonight, and some Republicans, lash out and blame the Tea Party for causing the United States to lose its credit rating, it is worth pointing out that only the Tea Party offered up a plan to avoid what happened.-
“Help me get the logic of J Kerry.”
J f’n skerry > logic = oxymoron
Federal Deficit as % of GDP when Bush left office: 69%
Federal Deficit as % of GDP after 3 years of Obama 97%
No amount of spin, demagoguery or out and out lying by you Democrat party bots is going to change the facts to hide your party's sole ownership of the broken US Economy.
As another Freeper said today, “Just like fire alarms “cause” fires”
We the People will stomp the Dem votes in the polls next election. Washington Times poll shows 93% are NOT fooled by the lies of Kerry and the other forked tongued insane asylum escapees on the “other side of the aisle”
Can we make him and Obama wear a scarlet “L”?
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