Alan Simpson, the former out-spoken Republican Senator from Wyoming stayed true to his colors and called out the Teaparty members in Congress for their unwillingness to compromise, a position that led to the decision of S&P to downgrade America’s credit. Mr. Simpson, in a telephone interview with Fox Business News today, said he found it… Continue reading Republican Calls Teaparty Congress Members “Nuts!”
Tag: downgrade
Teaparty Members Cheer On Announcement Of America’s Credit Downgrade
Teaparty members are Republicans of a whole new kind, and this kind of Republican is not one we’ve ever seen in the history of this nation. Yes, we will always have ideological differences, but this group seems to want the total destruction of American society, our economy and our nation. At a meeting in Wisconsin,… Continue reading Teaparty Members Cheer On Announcement Of America’s Credit Downgrade
S And P On A Downgrade Rampage
On Friday, the rating agency, S&P downgraded the United States credit from AAA to AA+. A move the agency claims was necessary because of the constant political battles fought in Washington by the two political parties. Then today, S&P added even more to their downgrade list. CBS reports; Standard & Poor’s Ratings Services on Monday… Continue reading S And P On A Downgrade Rampage
America’s Credit Downgraded, Another Win For Republicans
The Standard & Poors rating agency has, for the first time in America’s history, downgraded America’s Credit ratings, from a Triple A rating to AA+ ratings. The agency cites the political system in Washington as one of the reasons why the credit downgrade happened. “We lowered our long-term rating on the U.S. because we believe that the… Continue reading America’s Credit Downgraded, Another Win For Republicans