The S&P downgrade of the US Credit Rating was described and specific to the lack of balanced compromise in the debate. No new revenue is the single largest contributing factor to the downgrade. Yet Republicans and Tea Party memebers continue to blame Obama's economic policy. When the Democrates - according to Boehner comproised 98% in the direction of the Republican's.
The fact that anyone takes the S&P seriously failes to note that they have consistently been wrong and most significantly and lately as the junk Mortgage Derivatives - giving them a AAA rating when those same derivatives were so poor that they caused the tipping element in the whole recession.
The Tea Party should be held directly responsible for this whole debacle and secondly the GOP for allowing them to control the debate. The Tea Party is hell bent on destroying this country's government and the whole idea of unions to drive us back in time. VOTE THEM OUT DURING THE NEXT ELECTION - IT IS CRITICAL TO THE SURVIVAL OF THIS COUNTRY.
