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Sadly, S&P is Right: USA is Not a Solid Credit Risk with Teabagging Idiots Still in Congress (via beeryblog)

August 8, 2011

Sadly, S&P is Right: USA is Not a Solid Credit Risk with Teabagging Idiots Still in Congress Thers’s been a lot of bellyaching about Standard and Poor’s and its decision to downgrade US credit from AAA to AA+.  Many have noted that S&P was asleep at the wheel during the financial meltdown precipitated by George W. Bush and his faith-based fiscal policies.  That’s fair enough.  But unfortunately, that doesn’t resolve the question whether S&P was on the ball this time. Unless I’m mistaken (and surely someone will correct me if I am … Read More

via beeryblog

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