Ten years of "The Bush Tax Cuts." Hello? This is DOD spending, what happened in the year 2002 and then the illegal displacement of assets in 2003 ?

Regarding the S&P Dowgrading...THANK YOU for a boost in confidence that President Obama is on the right track !

Really, S&P? (click title to entry - thank you) This is the agency that within recent memory assured investors that not only were Bear Stearns and Lehman Brothers blue chip investments but that the various collateral-derivative-swap-trade-debt-obligations were as safe as houses. And let's not talk about the dotcom boom era of the late 1990s.

Given S&P's track record it's probably a good thing if the agency goes ahead and downgrades US sovereign debt – because look what happens when it says everything is fine....

Ten years of Regressive Republican SPENDING and SPENDING and SPENDING which was a faux economy for EIGHT YEARS, crashed the entire global market place and did what exactly? 

What did it do?  In October of 2008, the entire global community suddenly had a reality of the "New Bush World Order,"...the PRECENTAGE between a county's GDP and its national debt was horribly becoming the same.

With President Obama pushing the envelope in 2009, the USA would be in a profound tailspin far worse than INCOMPETENT warnings from S&P.

...The markets seem to recognize S&P weak track record in assessing creditworthiness. It downgraded Japan's government debt in 2002. The interest rate on 10-year government debt in Japan is currently under 1.5 percent, the lowest for any country in the world. Does S&P think that investors are mistaken in being willing to lend Japan money at such low rates?...

Is Standard and Poors playing politics to benefit Wall Street?  Have your gas prices gone up recently?

... I have to say that I agree with S & P on one thing - I too consider the prospects for a budget deal grim. I'm not sure I'd telescope the time frame out to 2013,...