Posted on 08/06/2011 1:54:30 PM PDT by governsleastgovernsbest
Should anything happen to the Obamas' Portugese water dog Bo, perhaps the First Family could adopt Jeff Glor as a pet parrot. The weekend Early Show weekend co-host proved the perfect White House mimic this morning. Glor dutifully echoed the Obama admin line, dismissing as "political" Standard & Poor's downgrade of the US government's credit rating.
In support of his point, Glor twice mockingly referred to the fact that the country of Liechtenstein now has a better credit rating than the US. And your point is, Jeff?
View video after here.
(Excerpt) Read more at newsbusters.org ...
Early Show echoes Obama line, dismisses S&P downgrade as political. Ping to Today show list.
It is Bush’s fault, the credit rating company used phony numbers, it is because he is black, the republicans are at fault. Turbo Tax Tim did it!
This political demonization of S&P for exercising its freedom of speech is just another example of the anti-business policies of the Obama Administration. Whether S&P says that the US creditworthiness has declined or not, the fact remains that it’s the investors who buy treasurys who decide what the interest rate is. If S&P’s opinion is not credible, then they will disregard it. It truly is a case of attacking the messenger.
Bo ate Obama’s deficit reduction plan!
zero will probably launch a packet of cruise missiles at poor Liechtenstein -- Wag The Dog!
It wasn’t political, it was RACIST!!!!
Yeah, ‘cause everyone knows that S&P has been heavily infiltrated by Tea Party Terrorists, and evil Hobbits.
If there is anything positive about the downgrade, it has probably killed QE3.
I think it's hilarious that FR's spellchecker still doesn't recognize "Obama."
I am so happy that Our Leader has made a speech and calmed our fears and giving us his vision with a plan for the future. Oh never mind, that did not happen nor will it ever.
Dagong, a Chinese credit reporting agency, has already downgraded us twice, once in November and again a few days ago. November was for the “Quantitative Easing” (print more money) and a few days ago for the screams that we would default on debt if the democrat plan was not passed with tax increases. Default should have been never been shouted and should have been explained that creditors would be paid first so default was not in question. But the administration used default in the bully pulpit, spreading it as a consequence just like not paying social security. Never let a crisis go unused even if you create it.
I think people can’t take one more false crisis. Chicken little has a limit.
Here is the Chinese version of Dagong’s reasons.
http://www.chinadaily.com.cn/bizchina/2011-08/03/content_13038588.htm
DK
It is the republicans fault AND its S&P’s fault?
We usually watch this horrible show, for laughs as much as anything. I was purposely late turning the set on this morning because wanted to avoid regular host Russ Mitchell and his co host’s opinions on this. However, I will note that after I did turn it on at one point coming out of a break this clown here said “I’m-and named his co host” continuing “along with Jeff Glor”.
It just might be political but not in the way the administration is inferring:
First, McGraw Hill provides some of the most liberal text books available.
Second, lets look at who the Chairman of the Board is of McGraw
Pedro Aspe, age 59, is Co-Chairman of Evercore Partners, Inc., a leading investment bank boutique in the United States, and Chief Executive Officer of Protego, headquartered in Mexico City. Since 1996 Protego has advised in more than 200 transactions, including private equity placements, mergers and acquisitions, project financing and municipal bonds. In 2006, Protego combined with Evercore Partners, based in New York. Dr. Aspe has been a professor of Economics at ITAM and has held a number of positions with the Mexican government: was founder of INEGI (National Bureau of Statistics), Secretary of the Budget; and Secretary of the Treasury of Mexico. Dr. Aspe is a member of the Visiting Committee of the Department of Economics of MIT and a member of the Board of CIDE. Currently he is a director of The Carnegie Corporation (New York) and of Televisa (Mexico), and sits on the Advisory Board of Marvin & Palmer (Wilmington) and Endeavor (Mexico). Dr. Aspe has served as a Director of the Company since 1996.
Note: He has strong Mexican ties and is a director of The Carnegie Corporation. Do they come more liberal than the Carnegie Corporation?
The rest of the crew:
http://investor.mcgraw-hill.com/phoenix.zhtml?c=96562&p=irol-govboard
Personally, I smell a rat.
So, yes, it was political....and Obama's overspending that made it happen.
LOL! Me too. It Jim Thompson's fault.
My wife was talking to a very lib friend yesterday and those are almost the exact words she used! They really believe it.
My wife was talking to a very lib friend yesterday and those are almost the exact words she used! They really believe it.
Remember when Jeff Glor was the late night guy at Channel 3 in Syrause, trading jokes about Doppler the Weather Cat? Sounds like his credibility just took a drop from those lofty heights.
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