"a month before the political crises around the debt ceiling
was manufactured, we had the same out of control spending with no real
effort to reel it in....and S&P hadn't made a peep about a downgrade."

The US had already been down graded months ago by several international
organizations.  None of them have the clout of the S&P so it was ignored by
the media and politicians.

J

-

Ninety percent of politicians give the other ten percent a bad reputation. -
Henry Kissinger

Politicians are people who, when they see light at the end of the tunnel, go
out and buy some more tunnel. - John Quinton


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