S&P downgrade: John Boehner got 98% of what he wanted

By Barbara Morrill   Fri Aug 05, 2011    Original Article

Last week this is what a gleeful John Boehner had to say about the GOP having their ransom demands met on the debt deal:

When you look at this final agreement that we came to with the White House, I got 98 percent of what I wanted. I'm pretty happy.

And tonight, for the first time in this country's history, "S&P cut the long-term U.S. credit rating by one notch to AA-plus," because:

The political brinksmanship of recent months highlights what we see as America’s governance and policymaking becoming less stable, less effective, and less predictable than what we previously believed. The statutory debt ceiling and the threat of default have become political bargaining chips in the debate over fiscal policy ... It appears that for now, new revenues have dropped down on the menu of policy options.

Congratulations, Mr. Speaker.

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Bachmann:Timothy Geithner Should Resign

   Up until this point in time, Michele Bachmann has never said much of anything that have agreed with, but after the S&P downgraded the U.S. credit rating, Bachmann suggested that President Obama should call for the resignation of Treasury Secretary Timothy Geithner while also saying that President Obama has destroyed the credit rating of the United States.

MSNBC

"President Obama has destroyed the credit rating of the United States through his failed economic policies and his inability to control government spending by raising the debt ceiling," said Bachmann, Minnesota Republican and GOP poll-leading candidate for her party's presidential nomination in 2012.

"President Obama is destroying the foundations of the U.S. economy one beam at a time," she said. "I call on the president to seek the immediate resignation of Treasury Secretary Timothy Geithner."

  Though I do not agree with her talk on Obama killing the credit rating, I do believe that Geithner should be ousted from his position. After all, he is one of the hoods who helped the big banks and Wall Street screw the economy up.

  While he is at it, Obama should also get rid of all of his advisors as there is way to much Republicanism running around in the White House as it is.

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