Why would anybody be in favor of crashing the economy?
When two women both claim to be the mother of a baby, why would either of them be in favor of cutting the baby in half?
Because some people would rather be WINNING! than do what’s right. It’s more important that they be right and have the last word, then do the right thing.
WWSVF?
Who Would Solomon Vote For?
So they can blame it on Obama. It’s like the guy stabbing the girl while yelling, “Oh my God, he’s killing her!”
Oh, I know. I was responding to Gonzomax’ first sentence about it being too big a risk for Obama to take, almost like he should have just said “right then; foot on the gas, let’s blow this popstand” and driven off the cliff.
s&p is still talking downgrade. just lovely, wall street bouncing all over the place, people taking clothes off, and downgrade still hanging over the u.s.
great job there congress.
Aaaaand congress is in recess.
Unless Obama tries to make an appointment, that is.
God help us, they can’t actually let him be seen to be DOING anything.
It has become all about winning at any cost. Downgrade to the credit of the country, leading to double dip recession and job loss? Well worth it if we win the next election they say.
ETA: Don’t forget Mcconnell’s goal:
Sounds like the downgrade is official.
at 8:20 pm s&p went ahead with the downgrade. usa according to s&p is at aa+ neg. looking.
let’s just say barney frank is not amused. (via rachel maddow show)
Oh, I know. One term, at any cost. Swine, the lot of 'em.
And it’s official now, on the downgrade? Super. 
Dear Tea Party,
Regardless,
Lobohan
What happens if no one pays any serious attention to S&P? Is anyone legally obligated to listen to them, rather than some other guy?
Yep. To these assholes what matters most is that Obama comes out looking bad. If the economy tanks in the process, well that’s just collateral damage.
US Treasuries made up something like 60% of all the AAA instruments in the world. There simply isn’t enough AAA bonds to satisfy demand, so the same institutions will be buying US treasuries. So AA is the new AAA; bonds are now rated on a curve.
Exactly! Who are these assclowns anyway? Aren’t these the same people who had Lehman Brothers rated AAA+ before they crashed and burned?
Talk about lack of credibility.
Seriously the US should tell them to piss off.
Man. Screw Congress.
So now it’s not just the tyranny of the majority, it’s also the tyranny of the minority? Whenever you don’t get what you want, it’s tyranny of either the majority or the minority? I’m utterly at a loss to understand exactly how you think democracy is supposed to work.
I am in favor of tyranny by the majority.