Democrats And Republicans Finally Unite: But It Is To Threaten S&P

Democrats And Republicans Finally Unite: But It Is To Threaten S&P
http://sane-ramblings.blogspot.com/2011/08/democrats-and-republicans-finally-unite.html

Furious with Standard & Poor's downgrade of the U.S. government's credit, a downgrade based upon out of control deficits and dysfunction between the two political parties, the Democrats and Republicans finally managed to unite. Unfortunately it is to threaten S&P and by implication, anyone else who would downgrade U.S. government bonds.

The Senate Banking Committee staff is collecting information about S&P's evaluation of the U.S. government's debt problems and "all options remain on the table," a Committee aide told The Wall Street Journal. The House oversight committee is investigating whether S&P might have benefited by downgrading the U.S. government's credit rating and in addition, Congress is considering toughening restrictions on credit rating agencies. These are some of the actions angry politicians are quickly taking at the expense of the U.S. taxpayer.

Instead of shooting the messenger, Congress should be serving every U.S. citizen, who because of Congress' irresponsible actions, now owe $46,000 each. Congress can do this by getting its financial house in order, a Herculean task. S&P did us all a favor and deserves our gratitude.


To learn more, please see "S&P Is Facing a Bipartisan Backlash in Washington," The Wall Street Journal http://online.wsj.com/article/SB10001424053111904140604576498611687931304.html

and yes, I can't believe I am saying this, but I stand with S&P on this bought and paid for brood of vipers.

Get the corruption out of my government!

:cry:

teahadists heads would explode if anyone ever told them that this used to be a voluntary, unpaid role.

Standard procedure nowadays for running the US government and doing the people's business...

Brooklsy Born, Elizabeth Warren.... Please add to this list, I know there is another women's name out there I'm forgetting...

They have time to talk and whine about S&P, but no jobs plan.

I don't give a shit if the Rotunda itself is on fire. Jobs should be priority one, not these nonsense, waste of time issues.