Saturday, August 6, 2011

S&P Downgrade Mostly Due to GOP Refusal to Allow Increased Revenues in Debt Limit Debate.

S&P was disappointed to see no
new  revenues in the Debt Ceiling deal and  that lack combined with the craziness of the Republican leaders and their Teaparty friends helped push the rating agency to down grade the US's credit rating.  So,of course Republicans are just getting louder in condemning the president over it.  But then that's the way Hitler and his gang would ay the game so I've come to expect from nothing else from the right wing.  See link for Guardian article.  http://bit.ly/rsGcd1