Friday, August 5, 2011

Because Standard and Poors can tell the difference between cutting spending and not cutting spending.....

Check out the article via Middle of the Right....

2 comments:

God, Gals, Guns, Grub said...

If a regular guy maxed out his three credit cards, signed up for a fourth credit card, and starting running up the tab right away... would anyone wonder why his credit rating tanked... yet people in America and the media are scratching their heads...

Dann in Ohio

Midwest Chick said...

G4/Dann---Only SOME of the people in America are wondering how the United States' credit rating could be downgraded. Unfortunately most of them are living most of the year in Washington DC. The media is either utterly clueless or is lip syncing whatever the White House is saying.

For the rest of us, we saw it coming as surely as the sun rises daily.