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  • In All Seriousness, What If Barack Obama Is Right? (Redstate.com)

    08/09/2011 9:29:38 PM PDT · by lbryce · 48 replies
    RedState.com ^ | August 8, 2011 | Erik Erikson
    Seriously. All you people on left and right, suspend your disbelief for one minute. Seriously. What if Barack Obama was right and S&P just got it wrong. Here’s what I’m hearing and it gives credence to this theory. S&P, I’m told, began telling some of its clients about the downgrade on Friday morning. That’s why the market was so screwed up on Friday. By Friday afternoon, the Treasury Department told S&P it had made a $2 trillion math mistake. But S&P had already told its clients about the downgrade. So it couldn’t walk it back now without a major loss...