Thursday, June 2, 2011

Sides of the Aisle ASIDE...

I get that there is political capitol to be made during any shaky time or crisis. And for either side of the aisle mind you. Even NOW given the economy, the Democrats could make the Republicans look bad. UNLESS, this next story gets into the MSM.
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Moody's Warns of Rising Risk on US Credit Rating

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Moody's Investors Service said Thursday there is a very small but rising risk of a short-lived default by the United States if there is no increase in the statutory debt limit in coming weeks.

In a statement, Moody's said it would put the AAA U.S. rating on review for a possible downgrade if lawmakers in Washington do not make substantive progress in budget talks by the middle of July. The ratings agency, whose announcement follows a similar warning from Standard & Poor's earlier this year, said if the debt limit is raised and default avoided, the Aaa rating will be maintained. Still, the rating outlook will depend on the outcome of debt talks in Washington, Moody's said.
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So, basically, POLITICS aside, if we, excuse me for that mistake, if THEY, DON'T get this debt under control, WE will all suffer for it. So now, let me here from the WH how children will starve and old women will be pushed off cliffs if we don't get into more debt.
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Because it sounds like the alternative of MORE debt is ALL of us starving and going over the cliff. And BTW, other than Paul Ryan and the Paul's, Jr & Sr, do you hear anyone beating this drum?
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Schteveo

1 comment:

Spider said...

It's just the usual lies and scare tactics from the Demoncrats. It's all they have. But, if the Repubs keep going the way they're going, with their usual weakness and timidity, those lies and scare tactics will be enough. Not only will the Repubs lose the WH, they'll lose the House as well.