S&P Begins Downgrading Municipalities

Zeke Miller Business Insider 8/8/2011

Standard & Poor’s has begun to downgrade states and municipalities Monday morning after stripping the federal government of its ‘AAA’ rating.

While not unexpected, the move has far-reaching implications for thousands of local governments already burdened by steep deficits.

Among those affected so far:

Tacoma, WA. Atlanta Downtown Development Authority, […]

Rick Santelli schools Ezra Klein and slams the Downgrade Administration

Rick Santelli Gives MSNBC Guest Ezra Klein a Lesson in Economics on Live TV

Buck Sexton The Blaze 8/5/2011

Rick Santelli, the man who’s 2009 firebrand speech on government spending is considered a seminal moment in the Tea Party’s founding, gave MSNBC analyst and Washington Post columnist Ezra Klein a stern lesson in free markets […]

Our Snake-bit President

Erick Erickson RedState 8/8/2011

You know, Barack Obama not only inherited a receding economy from George W. Bush, but he inherited a triple A credit rating too. Maybe we should call him Lemony Snicket, given the series of unfortunate events that have taken place on his watch.

There was the BP Oil spill and a […]

Rand Paul Calls for Treasury Secretary Tim Geithner to Resign

Mike Riggs Reason Magazine 8/6/2011

A press release sent this morning by Sen. Rand Paul’s office:

Sen. Rand Paul today issued a statement calling for the resignation of U.S. Treasury Secretary Timothy Geithner from his cabinet post, effective immediately, for his gross mismanagement of federal economic policy and for his role in the first-ever downgrade […]

Dem’s ‘Alinsky’ strategy: This is the Tea Party’s downgrade

Axelrod: ‘This is essentially a tea party downgrade’

Jeff Poor The Daily Caller 8/7/2011

It appears the new Democratic talking point on Friday’s S&P downgrade of the U.S. credit rating is to blame on the tea party, by referring to it as a “tea party downgrade.”

That phrase began to surface Sunday on morning talk […]

Five war zones, economy tanking, default looming, ATF selling guns to Mexican and Honduran drug lords, home-grown terrorists flourishing, liberties eroded daily: Dems launch new witch hunts

Sheila Jackson Lee at Radical Islam Hearing: Let’s ‘Have a Hearing on Right-Wing Extremists’

Penny Starr CNSNews 7/27/2011

At a hearing of the House Committee on Homeland Security today about the radicalization of young Somali American Muslims by the al-Shabaab terrorist group, Rep. Sheila Jackson Lee (D-Texas) said the committee should hold a hearing on […]

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