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Politics : President Barack Obama -- Ignore unavailable to you. Want to Upgrade?


To: bentway who wrote (99103)8/6/2011 10:48:50 PM
From: koan  Respond to of 149317
 
People need to pay attention.



To: bentway who wrote (99103)8/6/2011 11:42:32 PM
From: ChinuSFO  Read Replies (1) | Respond to of 149317
 
Neil is probably not aware that the S&P in its commentary has also said that they were compelled to downgrade because they saw no revenue stream in the agreement. It is the revenue stream and the Congress gridlock that forced the hands of the S&P to downgrade. Besides, with this downgrade they have thrown a challenge to the yet to be formed bipartisan commission to be charged with finding further cuts and revenue streams.