A Commentary On “Markets Brace for Downgrade’s Toll”
So, to summarize: S&P, in stating the obvious (American debt is out of control) has been co-opted by the investor class to fib (‘fib’ means the same thing as ‘lie’) to those same investors and exaggerate the severity of the problem in order to (most insidiously!) promote higher taxes as a way of encouraging economic growth. And our gutless ‘cupcake’ president (who, btw, just finished ramming a hugely unpopular health care bill down our throats) is suddenly flaccid and unwilling to push the tax increase that sane Americans are begging for. IT ALL MAKES SO MUCH SENSE TO ME NOW, PAUL.
(btw – your poor command of English is incongruous with your name, revealing you as a foreign (I’m betting advice eastern European) poseur. One thing is clear: the left is apoplectic at the horrific failure of its policies as enacted by the president and has become, for all practical purposes, irrational