Archive for August 9th, 2011

The “Tea Party” downgrade ? … au contraire.

August 9, 2011

Blame the messenger (S&P). Blame the catalyst )Tea Party). Accept no blame )O&G).  Stall.  Offer no plan.

That seems to be the game plan.

Rick Santelli of CNBC – whose rant started the Tea Party movement – has hit the nail on the head again:

In the end, in the end we need to address problems we know exist. A Treasury Secretary or a President should be out here not fighting S&P, not grabbing the other coach and slapping him around, taking the umpire behind the barn. He should be getting the team psyched to overcome.

See I remember I had a professor in college. I wrote a great paper. Could never please this guy. But it made me better.

Don’t get caught up in the minutia. All this BS.

We’re better than this. We need to prove it.

We’re off the track. Whether we’re better than some other country or not, the real issue is we’re on the wrong path.

Blame the Tea Party? Geez,

If it wasn’t for the Tea Party, they would have passed the debt ceiling thumbs up, we would have been rated BBB.

* * * * *
Best headlines so far:

  • BARACKALYPSE NOW
  • OBAMAGEDON

A must read:

>> Latest Posts

The ratings downgrade … and Pascal’s wager.

August 9, 2011

One of the few things I remember from Philosophy 101 is Pascal’s Wager.

In a nutshell, it says that God may or may not exist … and we all have the choice to live righteously or sinfully.

Naturally, that creates a 2 X 2 matrix …

image

What’s Pascal got to do with the debt downgrade?

Well, the President can choose to treat S&P’s downgrade as truth and start living a more righteous (debt-reduced) life … or, treat S&P as demonic frauds and keep living a sinful (free-spending) life.

Based on yesterday’s speech, the President is choosing the latter course.

Damn …

>> Latest Posts

Down 10 !

August 9, 2011

From the most recent CNN Poll ,,,

Obama’s approval rating has slid 10 points to 44%

image

Only 1 in 3 approve of his handling of the economy … down 20 points from high water mark.

image

Ken’s Take: Don’t you wonder who those 1 in 3 are?

>> Latest Posts