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NATIONAL JOURNAL: ‘IT’S HARD TO READ THE S&P ANALYSIS AS ANYTHING OTHER THAN A BLAST AT REPUBLICANS’

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MagickMuffin Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Aug-06-11 06:13 PM
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NATIONAL JOURNAL: ‘IT’S HARD TO READ THE S&P ANALYSIS AS ANYTHING OTHER THAN A BLAST AT REPUBLICANS’
The National Journal takes a close look at the S&P decision to downgrade U.S. credit. The conclusion: “It based it on the political game of chicken over the debt ceiling, a game that Republicans initiated and pushed to the limit, and on a growing gloom about the partisan deadlock. Part of S&P’s gloom, moreover, stemmed explicitly from what a new assessment of the GOP’s ability to block any and all tax increases.”

http://thinkprogress.org/


Not sure if this has been posted, if so then I apologize.


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Name removed Donating Member (0 posts) Send PM | Profile | Ignore Sat Aug-06-11 06:26 PM
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Horse with no Name Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Aug-06-11 06:29 PM
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2. K&R. Too bad the M$M is what the sheep listen to
and this is NOT the message that is being put forth.

The message going forward is that it is strictly because we need MORE cuts.:(
No mentions about republicans and revenues.
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