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scheming daemons Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-08-11 09:52 AM
Original message
S&P has become a direct arm of the GOP
Their chairman is a big Romney supporter.

This is a planned attack on Obama's reelection.

Boehner got 98% of what we wanted... an insufficient deal that right wing media would be able to convince the masses was Obama's doing.

They have been telling us all along that their singular goal was to destroy this presidency.

The reason is so that no Democrat would be elected again anytime soon.

When you join them in attacking him, even if your reasons are diametrically opposed to them, you aid their cause.

If we don't defend this President against the barbarians at the gate, it will be a very long time before we have a Democratic president again.

For all of his perceived flaws, he is better than any GOP president you could ever imagine.
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Raven Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-08-11 09:54 AM
Response to Original message
1. Did S&P just downgrade Fannie and Fred? n/t
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lonestarnot Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-08-11 09:56 AM
Response to Reply #1
3. Yes.
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scheming daemons Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-08-11 09:56 AM
Response to Reply #1
4. yes.. another direct blowto the US consumer... that they'll blame on Obama
That's their plan.

This is a slow motion coup.
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lonestarnot Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-08-11 09:56 AM
Response to Original message
2. K & R!
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bowens43 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-08-11 09:57 AM
Response to Original message
5. Obama shares the blame.
The cons didn't do this by themselves, Obama assisted.
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scheming daemons Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-08-11 10:06 AM
Response to Reply #5
8. you missed the point... if you focus your energy on talking about Obama's shortcomings
That is less energy focused on the GOP.

Like I said, the barbarians are at the gate.... we can either fire 100% of our ammunition at them..... or turn some of it internally on our ourselves.

Attacking Obama help the barbarians.
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Fuddnik Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-08-11 11:12 AM
Response to Reply #8
28. You're not getting the point. As long as we see it as a partisan issue, WE LOSE
The whole system has become rotted to the core. We're not relevant anymore.

The only ones relevant anymore are what Bush II called his base. The haves and the have mores.

To close your eye's on any of their "shortcomings", is to divorce yourself from reality. This is about class, not party.
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Marr Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-08-11 11:31 AM
Response to Reply #8
33. LOL-- yes, our magical thought energy will shield Him.
That was just hilarious. Seriously.

But you go on-- keep insisting that everyone close their eyes and just throw mud at the approved target.
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LaydeeBug Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-08-11 09:59 AM
Response to Original message
6. Page 4 of their report blames the republicans and the failure to raise revenue...
"Compared with previous projections, our revised base case scenario now assumes that the 2001 and 2003 tax cuts, due to expire by the end of 2012, remain in place. We have changed our assumption on this because the majority of Republicans in Congress continue to resist any measure that would raise revenues, a position we believe Congress reinforced by passing the act. Key macroeconomic assumptions in the base case scenario include trend real GDP growth of 3% and consumer price inflation near 2% annually over the decade.

Standard & Poor’s | RatingsDirect on the Global Credit Portal | August 5, 2011
Research Update: United States of America Long-Term Rating Lowered To 'AA+' On Political Risks And Rising
Debt Burden; Outlook Negative"
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scheming daemons Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-08-11 10:03 AM
Response to Reply #6
7. 98% of the voters will NEVER know what page 4 says
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divvy Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-08-11 10:47 AM
Response to Reply #7
24. The problem is that Obama, Reid, and Pelosi WILL NOT FIGHT.
It is their fault if the message does not get out.
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mochajava666 Donating Member (771 posts) Send PM | Profile | Ignore Mon Aug-08-11 10:22 AM
Response to Reply #6
18. You are right. Page 4 shows that S & P blames the Republicans.
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scheming daemons Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-08-11 10:25 AM
Response to Reply #18
19. that's CYA by S&P... they know 99% of public will never read that
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mochajava666 Donating Member (771 posts) Send PM | Profile | Ignore Mon Aug-08-11 10:39 AM
Response to Reply #19
22. Rachel Maddow repeated this several times on National TV
on Stretch's show on Sunday. I would more likely believe that they didn't put that in their report to "cover their asses", and at the same time give the Dems some pretty damning ammunition. That statement was produced by people that are very careful at choosing their words.

They directly blamed the Republicans. Hard to spin that direct statement, but you are giving it a good try. It just doesn't match the evidence, IMO.
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disillusioned73 Donating Member (963 posts) Send PM | Profile | Ignore Mon Aug-08-11 10:08 AM
Response to Original message
9. ughhh..
"Boehner got 98% of what we wanted... an insufficient deal that right wing media would be able to convince the masses was Obama's doing.

They have been telling us all along that their singular goal was to destroy this presidency."


So why does he continue to act like they are honest participants in this whole process?? We know this, he knows this.... when will he abandon the "bipartisan" canard?? I don't get it..
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scheming daemons Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-08-11 10:10 AM
Response to Reply #9
10. you are right to a degree....
But like I said.... focusing on him takes the focus off of GOP.
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GSLevel9 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-08-11 10:12 AM
Response to Original message
11. Moody's is threatening a downgrade today... are they ALSO a RW tool? nt
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scheming daemons Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-08-11 10:12 AM
Response to Reply #11
13. moodys already reaffirmed AAA last tuesday
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GSLevel9 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-08-11 01:38 PM
Response to Reply #13
34. don't know where you get your news from lol...
From June 3:

Moody's Investors Service warned Thursday that it might review the government's Aaa debt rating for a possible downgrade as early as next month if there is no progress toward a deal in Washington to increase the $14.294 trillion federal borrowing limit and cut deficits.
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CanonRay Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-08-11 10:12 AM
Response to Original message
12. But didn't S&P blame the Rethugs in downgrade info?
It didn't get much press.
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scheming daemons Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-08-11 10:13 AM
Response to Reply #12
14. "it didnt get much press".... exactly the point.
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Poll_Blind Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-08-11 10:14 AM
Response to Reply #12
15. "We have changed our assumption on this because the majority of REPUBLICANS in Congress...
...continue to resist any measure that would raise revenues, a position we believe Congress reinforced by passing the act."

From S&P's official press release, from their official website.

PB
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Poll_Blind Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-08-11 10:17 AM
Response to Original message
16. Gotta let ya know that he may hate it now but Obama's going to be quoting from the downgrade in 2012
Because it ties the Repukes directly to the downgrade. Right now it's a different story, but he'll have this quote memorized for use during debates:

"We have changed our assumption on this because the majority of Republicans in Congress continue to resist any measure that would raise revenues, a position we believe Congress reinforced by passing the act."

PB
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scheming daemons Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-08-11 10:21 AM
Response to Reply #16
17. hope you are right ... because the media wont say it
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Poll_Blind Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-08-11 10:26 AM
Response to Reply #17
20. Since the president can't change it he should go on the attack with it.
If he doesn't go on the attack with it then I'm at a loss. Maybe not today. Today could just be too soon. But the bus is on fire and he needs to start pointing fingers because the GOP is already in high-gear to put an Obama sticker on every bad thing that happens, regardless of how responsible the president is or not.

If ever there was a moment for him to "snap out of" this overly conciliatory, aloof mode (if only posturing for the 2012 elections) this would be as good a time as any. Again, it could just be too soon, I dunno.

PB
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Major Hogwash Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-08-11 11:27 AM
Response to Reply #20
32. I think he will.
Obama is one smart dude.
He's got them right where they wanted to be lead.
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Jakes Progress Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-08-11 10:57 AM
Response to Reply #17
26. By now Obama should know that he can't count on MSM to deliver his message.
Instead of whining about the fact that rich people own the media outlets (duh) Democrats need to find ways to use their need for drama and find other outlets.

If we don't manage that, we might as well just give up. You can't harangue and belittle the rich people into doing the right thing. We were supposed to be electing a smart man. He needs to prove those smarts.
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one_voice Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-08-11 10:29 AM
Response to Original message
21. I've read that the chairman...
is a Romney supporter..but when I google I only find comments on blogs. Do you have a link? I often go to other political sites and 'debate' and would like a link to back me up.

Thanks in advance.
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scheming daemons Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-08-11 10:51 AM
Response to Reply #21
25. I've read the same things you read...
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divvy Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-08-11 10:44 AM
Response to Original message
23. S&P gave Bush a big pass on MBS's .....
They FAILED to see the last crisis coming for political reasons in my opinion.

Other than that, your reasoning has MAJOR Flaws. Obama caved plain and simple. He could have fought back but he does not have a spine. He reversed directions and will likely runin any good that was done with the first stimulus.

OBAMA NEEDS A FUCKING SPINE. HE NEEDS TO FIGHT. IF HE WILL NOT DEFEND HIMSELF THEN FUCK HIM.
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trueblue2007 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-08-11 10:58 AM
Response to Original message
27. For all of his perceived flaws, Pres Obama is better than any GOP president you can imagine.
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animato Donating Member (126 posts) Send PM | Profile | Ignore Mon Aug-08-11 11:23 AM
Response to Reply #27
31. All over DU the new meme is "I'm not going to vote for him and give him 4 more years"
I didn't even think they allowed that here?
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KamaAina Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-08-11 11:19 AM
Response to Original message
29. Factoid: S&P is a division of McGraw-Hill
has been for years.

Anyone have any dirt on McGraw-Hill?
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animato Donating Member (126 posts) Send PM | Profile | Ignore Mon Aug-08-11 11:22 AM
Response to Original message
30. This info must be publicized ... Too bad the media is owned by Republicans too !!!
S+P is part of the MORAN party
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Tatiana Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-08-11 01:42 PM
Response to Original message
35. S&P was already a tool of the Republicans. And they have wielded their weapon against us all.
This is why you don't negotiate with terrorists. They know Obama is caught between a rock and a hard place. They are now lowering the hammer.

There is virtually nothing Obama can do to keep from being blamed from this fallout. The mythical uninformed "independent" voters are going to blame Obama for this.

While Obama was taking Boehner "at his word," the GOP was using their words and weapons to achieve their greatest goal: making sure Obama is one-term President. They don't care if they take the rest of us down with them.

They already got theirs and a bit more, thanks to Obama.
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Name removed Donating Member (0 posts) Send PM | Profile | Ignore Mon Aug-08-11 01:53 PM
Response to Original message
36. Deleted message
Message removed by moderator. Click here to review the message board rules.
 
Scurrilous Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-08-11 01:59 PM
Response to Original message
37. K & R
:thumbsup:
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