S&P downgrade US debt

So S&P downgraded the US debt. The US wants to blame S&P for poor decision-making, and S&P blames the government.

Well, hell. Duke is going to set the record straight because it's both their damn faults.

1) Leave it to politicians to be unable to figure anything out in a logical and sensible and timely manner. They really did a number with these recent debt talks, and it became more about posturing and making a name for themselves (especially Boner, I mean Boener) than reaching a bipartisan decision. I feel the only reason that they came to a decision was because a default would affect their own salaries and they wouldn't get paid (not because they have the country's interest in mind).

2) S&P - what a joke they are!!!!! These are the same pretentious guys that rated those mortgage backed security tranches AAA and A++. Now they feel they should take the hardline approach to US debt and rate it LOWER than what the willingly gave the MBS the {censored}ed up the entire global economy. What a bunch of buffoons.

There you have it. We live in a world of idiots.

If Obama had only signed up for Free Credit Report dot com none of this would have happened!

Rod