Debbie Double A Downer: S&P Downgrades US Credit Rating

Aug 06, 2011 01:32


All that time spent not working to create jobs, freaking the world markets out, putting ice on the economy, and S&P downgrades the US credit rating -despite having made a TWO TRILLION DOLLAR miscalculation in their analysis-.  In fact, S&P in no uncertain terms stated that a large part of their reason for downgrading the US had to do with ( Read more... )

nouriel roubini, tea party politics, christina romer, credit rating agencies, sovereign debt crisis

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darksumomo August 6 2011, 08:55:20 UTC
I blogged about this in Now S&P thinks it's a Satan Sandwich. When I posted It's been a wild couple of days, I spoke too soon. It got wilder.

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cieldumort August 8 2011, 06:41:46 UTC
And just wait until November.

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rhonan August 7 2011, 04:03:02 UTC
I look forward to the day when people wake up, and recognize that Al Quida is far more pro-American than the Republican Party, and that no one deserves to be water-boarded in Gitmo more than the Republican leadership. Then again, that will never happen as long as the plutocrats control the media, and the story keeps getting spun to make it look like both parties are to blame, and that the Republicans have any reasonable claims ( ... )

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cieldumort August 8 2011, 06:43:59 UTC
Hopey changey much? You betcha.

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