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Kerry Blames The Tea Party For Credit Downgrade
Washington Times ^ | August 07, 2011 | Ben Wolfgang

Posted on 08/07/2011 10:17:45 AM PDT by Steelfish

Kerry Blames The Tea Party For Credit Downgrade

By Ben Wolfgang-The Washington Times1

Sen. John Kerry on Sunday laid the blame for the recent downgrade of the nation’s credit rating at the feet of conservative House Republicans.

“I believe this is, without question, the tea party downgrade,” Mr. Kerry, Massachusetts Democrat, said on NBC’s “Meet the Press.”

Standard & Poor’s rating agency on Friday dropped the U.S. credit rating from AAA to “AA+, questioning the ability of leaders in Washington to deal seriously with the nation’s debt crisis.

The Obama administration’s debt-ceiling proposal, which included more spending cuts than the measure signed into law last week but also contained controversial revenue increases, fell flat after stiff opposition from House Republicans, but Mr. Kerry said that debate is not yet over.

“I think this is one of the most telling, important moments in our country’s history … this poses a set of choices,” he said, referring to the 2012 elections, when voters will decide between the Obama administration’s approach or the path preferred by the GOP-led House.

(Excerpt) Read more at washingtontimes.com ...


TOPICS: Business/Economy; News/Current Events
KEYWORDS: aa; aaa; aaplus; creditrating; cutcapbalance; downgrade; geithner; johnkerry; kerry; nottooswiftboat; obama; obamadowngrade; obamas; rating; reid; scapegoat; standardpoors; taxevasion; teaparty; teapartydowngrade; triplea; usa2aa; yacht
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To: Steelfish

He believes ......

Too bad the majority of Americans know it’s the Obama Downgrade.

It’s historical.


61 posted on 08/07/2011 2:29:34 PM PDT by Freddd (NoPA ngineers.)
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To: Freddd; All

Don’t be so sure about the “majority of Americans”

This is how they start. They utter a lie. The MSM picks it up followed by talk-radio. The lie gets amplified into a broader national audience with the expectation that there are enough idiots out there who would buy into this. Conservative talk radio falls into this trap and starts “debating” this (they need filling in air-time).

It’s time for the Republicans to stop playing defense and run some real hard-hitting ads on how the liberal-socilaist entitlement culture has gotten all of us into this where we are now on a trajectory toward Third World status. Yes scare the living daylights and the hell out of anyone who cares to listen.


62 posted on 08/07/2011 2:42:11 PM PDT by Steelfish (ui)
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To: griswold3

As regards their taxing the “rich”, in reality they
are only taxing a minor percentage of that one or two
percent considered rich, and that is the bottom
of the category, the super rich will end up paying
nothing extra, perhaps adding another tax lawyer or
three. Again, it’s the small American who has just
climbed into the bracket that will pay the most.


63 posted on 08/07/2011 2:51:50 PM PDT by tet68 ( " We would not die in that man's company, that fears his fellowship to die with us...." Henry V.)
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To: Tex52

The ‘Progressives’ should learn ‘Hauser’s Law’. Historically, taxpayers give the Federal Government no more than 19% of GDP. (Clinton raised it to 21% when he auctioned broadband spectrum.)


64 posted on 08/07/2011 3:10:49 PM PDT by griswold3 (Character is Destiny)
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To: Carl Vehse
John Kerry should have been tried for treason decades ago, convicted, and the sentence carried out. Kerry long since should have been converted to maggot excrement. It's a good thing treason has no statute of limitations.

He and Hanoi Jane are very fortunate they were performing before a hopelessly liberal media or they would have hanged years ago. If anyone still thinks Walter Cronkite was a legitimate journalist they have had a significant dose of Koolaid.

65 posted on 08/07/2011 3:40:47 PM PDT by immadashell
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