Good Grief… S&P Warns of Second Downgrade
Posted by Jim Hoft on Saturday, August 6, 2011, 9:14 PM
Thanks Barack.
Standard & Poor’s warned Saturday that the US government could face a second downgrade if government fails to make real cuts to the debt.
The Politico reported:
One day after lowering the nation’s platinum triple-A credit rating, Standard & Poor’s analysts warned Saturday that the U.S. government could face a second downgrade if the economy continues to struggle and the government fails to make the cuts outlined in the debt ceiling agreement.
The ratings agency on Friday downgraded the nation to AA+ for the first time in history, saying partisanship in Washington is preventing dramatic deficit reduction.
S&P managing director John Chambers told reporters on a Saturday conference call that the toxic mix of a listless economy and political infighting will cause government debt to grow.
“Compared to some other highly rated governments, the U.S. government does not have the proactive ability to put public finances on a firm footing,” Chambers said.
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dave in dallas commented:
“Proactive stability”? They are using code, trying to say we need to all get together and agree on giant tax increases or else they’ll spank us again.
They call it ‘infighting’. I call it trying to restore rationality and respect for the law of the land. But Standard and Poors is just another media arm of the Democrat party trying to bully us into accepting much higher taxes and trying to shut up the tea party by calling us a destabilizing factor.
jainphx commented:
dave=== you hit the bulls eye, Its nothing but a veiled threat to raise taxes. Know what, the establishment Republicans will use this as an excuse, WE NEED Palin and the tea party now more than ever.
AuntieMadder commented:
“…John Chambers told reporters…that the toxic mix of a listless economy and political infighting will cause government debt to grow.”
To me, what he’s saying is that the Demonrats need to stop being stubborn, face facts and reality, and let Republicans, led by true conservatives (of which some Republican politicians are, others not so much), do what needed to be done decades ago.
What both the Demonrats and, especially, the Republicans in DC will hear Chambers saying is that the Republicans need to stop resisting and just sign whatever the Demonrats tell ‘em to sign.
Granny commented:
#1 August 6, 2011 at 9:19 pm
dave in dallas commented:
“Proactive stability”? They are using code, trying to say we need to all get together and agree on giant tax increases or else they’ll spank us again.
_________
I’m not at all sure that is what they are saying. A full 46% of us pay no taxes and a HUGE share of those are retired, on welfare or long-term unemployed. Our “millionaires” are down to mere hundreds. Business has been so over-regulated that the only way left to many of them to compete is to take their jobs overseas.
You can only get just so much blood from a stone you know. Raising taxes further will simply drive away more jobs and put more people into the bread lines. Just WHO is going to keep paying the bill? Or shall we move to slave labor . . . . .
rbosque commented:
Obama is a plague on this country. Nothing is going right for us, everywhere we turn we’re getting screwed….
donh commented:
I will repeat those marked words of wisdom posted here over the many darkest days of Obamunism . Just when you think this country has sunk to a new low…somebody here warns…….. ” It is going to get worse “
Peggy R commented:
I predict that the executives at S&P will soon face federal investigations, personally and against the company–IRS, DoJ, SEC, whatever it takes to bring them down. How dare they question O.
NeoKong commented:
I want you all to think about this.
In all of the debt ceiling talk have you heard even one prominent person talk about actually cutting spending non defense related….?
Has anyone called for the U.S. govt. to get out of the pension business ?
Has anyone called for a 10% cut in federal pay ?
Has anyone called for a hiring freeze on all federal agencies ?
Has anyone called for a reduction in entitlement programs like food stamps or welfare ?
Has anyone ever said that maybe we should stop paying three generations of a whole family to stay home and never ever get a friggin” job ?
Has anyone said “ Hey let’s cut the salary of Congress by 10% ?
Has anyone actually discussed eliminating any govt. program or agency….?
All they have done is tell us that we….THE TAXPAYERS that we need to cough up more money while those who only take tax dollars contribute nothing.
Taxpayer commented:
#8 NeoKong Well said! +100!
I’m actually kind of glad this is happening. The Administration has blatantly ignored the will of the electorate and the reality of the markets. The electorate responded by hiring a bunch of Tea Party folks to represent them. Now the market is responding by downgrading the US government.
Backing Obama into a corner is a good, good thing!
Contessa61 commented:
Boy, that S & P is strapping bombs to the white house. They’re terrorists!
Granny commented:
Does anyone besides me think it oddly “coincidental” that both the news of the assassination of Seal Team 6 and the S&P downgrade should arrive on FRIDAY – mostly after the markets close? HMMMM
donh commented:
Yes Peggy ..It has been a while since the dems unleashed that ghoul from the Wax museum with the big nostrils. Henry Wax man. He and Sheila Jackson Lee will call the S&P execs to the carpet and flare their nostrils until these CEO are humiliated before their panel of race inquisitions.
Old Fan commented:
Thanks Barack indeed Mr. Hoft…
Thanks Pelosi, Clinton, Gore, Franken, Schumer, Boxer, Waters, Dodd, Frank, Kennedy, Rangel, Kerry, Obey, Feingold, Durbin, Schakowsky, Wasserman Schultz, Nelson, McCaskill, etc., etc.
The entire Democratic Party has wreaked havoc on the American Public for decades now. it is all one big Democrat mess. Time to put them on the dust heap.
artsykr commented:
I think this leaves the door WIDE Open for a Palin/Perry or Perry/Palin administration which should really scare the hell out of the dems and old guard republicans… just sayin… in any event Obie? Ha.. stick a fork in Min… he’s done…
big L commented:
I sure don’t like the quick retaliation against the Weal Team. all the data that the WH leaked out has “coincidentally” been used or might have been tipped off as to where abouts.
MrGoodWench commented:
STOP WELFARE,
ALL l welfare– corporate welfare, black welfare, latino welfare, politicians welfare, agricultural welfare, green welfare, islamic welfare –
and STOP FUNDING the UN.
We have plenty of revenues for our country’s needs, but we will never have enough for the political greed.
Freddy commented:
Way back in 2009 there was this idea the Democrats had to fix the economy. It was called by many names. It will now be remembered forever by one of those names.
“Generational Theft”
- – - – - -
As for further downgrades, what can President Obama who exclaimed within weeks of taking office “that there would be Trillion dollar deficits for as far as the eye can see!”, expect?
MrGoodWench commented:
Granny commented:
Does anyone besides me think it oddly “coincidental” that both the news of the assassination of Seal Team 6 and the S&P downgrade should arrive on FRIDAY – mostly after the markets close? HMMMM
++++
You mean on a ‘jummah’
during the frikin ramadan ??
Atlas Shrugged commented:
If S&P thinks they are going to make these clowns play nice together with a threat like that, they’re seriously mistaken. I can’t see any way that the “infighting” is going to end with the composition of our current government. The only way the gridlock is going to end is if one party gains a firm majority in the next election, and that’s over a year away. Hopefully, they will be patient. This is an ultimatum to the American people though. If Americans don’t take a stand one way or the other, and they keep walking the fuzzy line between liberal and conservative, we’re screwed.
rbosque commented:
#8,
Don’t forget that we’re giving away billions in “aid” all over the world, even to countries that hate our guts!
jill commented:
this morning a ceo was being interviewed by cavuto She said obama won’t be remebered for being the first black president, but the first president to have a credit rating downgrade. She was really slamming obama. She said businesses are tired of obama asking them to take risks when he won’t take any.
kato commented:
Yeah, thanks Barack. And thank to the compassionate dope, George W. Bush, as well.
Bill Cunningham likes to say that Bush committed fiscal misdemeanors while Obama has committed fiscal felonies.
I say that Bush committed fiscal felonies while Obama is committing fiscal crimes against humanity.
But I’m not so blind as to put all the blame on the subprime grifter. A whole lot of damage was done during George W. Bush’s tenure, and with a Republican Congress to boot. I didn’t see too many cartoon conservatives donning powdered wigs and calling for a balanced-budget back then.
And I didn’t hear many cartoon conservatives complain while a Republican government pissed away tens of billions of dollars on pork-barrel nonsense under the aegis of homeland security.
mg4us commented:
Agree with many here. . S&P playing a game to help O and RATs (DemocRATs) and RINOs get a tax increase. . .if they were a real business savvy credit rating, they would see that Gov’t spending these past three years have zoomed up and are off the chart.. they should be demanding SIGNIFICANT CUTS to get spending back in line. . .#8 hits it on the head. . .
Gov’t has exceeded its mandate. . as Reagan said, we need to limit the size of gov’t. .that is what the forefathers believed when they drafted the Constitution. . .
Time to throw RATs & RINOs out with the big Zero Obama. . .
MrGoodWench commented:
Atlas Shrugged commented:
If S&P thinks they are going to make these clowns play nice together with a threat like that, they’re seriously mistaken.
+++++
S&P is doing what the Lying King ordered it to do.
Thats the only way Oblahblah can get to raise taxes.
When Odumdum throws a tantrum, he gets what he wants.
Give it a week, the media will be super-saturated with the spin that Rs caused the downgrade and that if we still listen to Rs , another downgrade is coming.
All those 47-51% who don’t pay taxes , are on food-stamps and voted for Obama will will force this country to pay with its life because now its their time
kato commented:
I meant to type “balanced-budget amendment” in the comment above.
I also am definitely NOT with cartooon conservatives who act as if defense spending should be sacrosanct. There is as much pork-barrel spending and pure waste in the military as there is at HUD. Maybe more. Defense is a whole kingdom of crony capitalism, with generals retiring to cushy pensions and lucrative second careers as consultants to defense contractors. Trent Lott was just one of many pork-barrel pigs in the Congress.
Also, maybe a smaller defense budget would stop the next compassionate dope from starting open-ended wars with no clear objectives and no clear end-dates. Anyone who ever thought that we were going to turn Afghanistan into a functional country is an utter fool. Just think how much better those hundreds of billions of dollars could have been spent, and how many lives would have not been lost if we weren’t engaged in this futile enterprise.
gus commented:
The TEA PARTIES need to stop spending all those TRILLLLLLLLLIONS.
gus commented:
If the TEA PARTIES would stop all the GOVERNMENT REGULATION that they have FORCED on AMERICAN business, maybe we could get people working again.
Working people pay taxes.
gus commented:
If the TEA PARTIES hadn’t rammed the PORK-U-LUS bill down our throats, we’d be in better shape.
gus commented:
Since PRESIDENT TEA PARTY was elected. We’ve spend 4 TRILLLLLLLLLLLION dollars more in our TEA PARTY BUDGETS. We need to stop TEA PARTYING.
mg4us commented:
Obamanomics – trickle up poverty
Reganomics – trickle down prosperity
Choose wisely grasshopper!
mg4us commented:
Remember ‘It’s the Economy stupid!” slogan
Should now say “It’s Gov’t spending, Stupid!”
The problem as Reagan said is not that Americans aren’t taxed enough but that Washington spends too much. . whatever it takes in and more.
So as Nancy Reagan “JUST SAY NO!”
Ladue Pundit commented:
Old Fan commented:
Thanks Barack indeed Mr. Hoft…
^^^^^^^^^^
None of those people you mentioned has a pen to sign things into law except Barack Obama. So “Thanks Barack” it is.
Rose commented:
It’s only logical to talk of a Second Downgrade, since the First one STILL doesn’t have them talking about CUTS to the Govt budget. Particularly NOT to the Govt Bureaucracy and SICK regulations.
Taqiyyotomist commented:
OT
barnhardt.biz
Go there. Ann Barnhardt has a two-part essay, no hyperlinks available:
“The Execution of Seal Team 6″
ALSO!
Her newest post:
“OBAMA COMMISSIONS HOLLYWOOD PIC ON [faked, theatrical, phony] OBL RAID”
———–
OBL had been dead for years.
Ann Barnhardt believes as I do.
The Great Leap Forward II: American Mao x10 Edition is what the Marxists are gearing up for, hoping for, praying to Odin and Gaia for, and about which they are now constantly masturbating and dreaming.
Marxists always do. Read the whole 2-part esaay.
Clarke Morton commented:
Moody’s and S&P have now shown their ‘analytical hand.’ They issued their warning of potential and actual downgrade when details of the Debt Ceiling Compromise revealed government spending would not be reduced by $4.0 trillion, or $400 billion a year for the next 10 years. Years which are currently forecast to have deficits of $9 trillion under base case assumptions of moderate economic growth and sector recovery. Most forecasts now project growth below 2.0% So increasing taxes would cut another 1% off that, or likely force another recession.
Don’t stop now! Moody’s is implying they expect additional cuts in government spending once efficiencies and other economies are identified. Things like organizations that do the same jobs or mission. Ditto S&P. And when are we going to see federal job layoffs like the private sector? Education, Energy, NPR and Public Broadcasting? So far, nothing even close to serious in the REAL world.
Given that Obama has blown a full 3 years and lost 3.3 million jobs on his watch, he has a lot of work ahead of him. He will need to work with both houses of Congress to improve things. Especially if they are to improve before 2012. Most, if not all have lost even trust in him. But maybe Congress can go over his head. While he is on vacation somewhere.
Multitude commented:
Gentired billionaires, global capital’s nobility, are struggling to understand why the U.S. won’t heel and pay the debts its own local gentry have accumulated. Dirty peasants with signs proclaiming “Tea Party” remind the landed aristocracy of 1848 or worse, Revolutionary France and the sparkling razor’s edge of equitable democracy.
The warning the global capitalists and the parasitic progressives should read is this: please take more from America’s middle class. That wallet on the ground, the stereo on the front porch, please go for it. Be bold and proclaim your rights to the product of others hard work. Take that soccer mom’s college savings fund for her children, declaring that your union pension needs more dollars so a firefighter in Chicago can retire at 45. Seize that small business in Missouri through unsustainable taxation so that California hip-hop recording industry CEO can buy another Bentley thanks to Democrat intellectual property fascism.
Progressive parasites don’t understand the concept of brightline, where a multitude finally says enough is enough. History’s full of it, but as any moron can tell, progressives and their Clown Prince Obama have no interest in such boring topics.
Conservative Ken commented:
34 Taq
Thanks for the tip. Stuff I have suspected for a long long time
http://barnhardt.biz/
Sparky commented:
We all thought the UK was going to hell in a hand basket but I guess all the fiscal horror stories turned out to be not all that bad. At least the UK still has a AAA rating.
The UK is instituting austerity measures. Obama can’t seem to get his pea-brain around that concept. So, the US continues into decline.
L.E. Liesner commented:
Wasn’t it Standard & Poor’s that lectured Congress on why they needed to pass the Stimulus Bill. That would make them accomplices in the debt deficit. Their skirts are not all that clean in this matter. Maybe there needs to be an independent investigation into their part in driving our country into financial ruin. This debt ceiling increase was a total joke in the first place, government is going to spend twice as much in 18 months as it plans to cut in 10 years, in fact by the time they cut one dollar from the deficit they will be asking for a higher debt ceiling. It is like the dog chasing it’s tail, a never ending circle.
StrangernFiction commented:
“Compared to some other highly rated governments, the U.S. government does not have the proactive ability to put public finances on a firm footing,” Chambers said.
Having a government chock full of saboteurs has its drawbacks.
Clarke Morton commented:
“This is as good a place as any to draw a line in the sand.”
Speaking Clearly commented:
Atlas Shrugged #19: Well said.
I would add that: The Democrats and Obama will not be able to use the S & P threats to pressure Congress to raise taxes.
Here’s why:
Because it’s a catch 22. The Tea Party can say that the downgrade is more of a reason to drastically cut more spending….and more taxation will only destroy an already struggling economy.
The S & P is trying to take the high road, or pragmatic road, and appear to not be playing politics, or influencing Congress or the White House. I’m not totally convinced that S & P is totally neutral, or if it is possible to be….but according to their reasoning for the downgrade, it only strengthens the Tea Party position.
The S & P ultimately wants the U.S. to have a more balanced budget, and better debt to GDP ratio. The Tea Party’s fiscally conservative plan is the only game in town, that works to balance our budget, without putting a ball and chain on economic growth with higher taxation.
Remember…businesses need a freeze in tax rates, in order to have the money to hire more people (that spend money and buy stuff), and to invest in business growth.
An increase in tax rates will only kill hiring, and business growth, and hence, it would lower tax revenues coming in to pay down our debt, and balance our budget.
I’ve looked at the economic and business charts and graphs….they are easy to understand for most…but these Democrats need to go back to school. They are idiots.
saveus commented:
Let’s go back to the 2008 federl budget which is about one trillion dollars less than today and then cut , cut, cut, to the int that reveues and expendituresa re equal. If weh ahv eto las off 25 percent of the federal workforce adn cut the pay of the other, it would be no loos to anyone excpet thsoe on the payroll. End duplicate and unncessay agencies, end subsides for nonsene like ethanol, stop building mosques wiht taxpayer dollars is jsut s start. An eight grader could figure this out, Neither obama, reid nor pelosi ever will.
Speaking Clearly commented:
I’ll expand on my above post:
This is so easy, a 3rd grader could understand this stuff…but I guess Democrats are not as smart as Tea Party Conservatives.
If Obama and the Democrats try to argue for higher taxes…they will be laughed out of the room by most Americans.
If we raised taxation rates….the Democrats would not stick to using all of that income for paying down our debt anyway…..they would blow the money on entitlement programs, that benefit swing states, of the upcoming 2012 elections.
Make no mistake….The Tea Party Conservatives have the Obama administration, and Democrats in checkmate. Took 3 years to do it.
The Obama administration, and Democrats, will pull every sneaky and dirty trick in the book, over the next year….to keep their grip on power.
It’s time for Tea Party Conservatives to roll up their sleeves….and start working on the fight of our lives…..to take the Senate and White House in 2012. These Democrats will go down kicking and screaming.
This will require us to put alot of focus on states that went for Obama in 2008, and Democrats in 2010.
The Democrats think they can control everything. They can’t stop the march of time.
November 2012 is coming soon.
Speaking Clearly commented:
What is funny to watch….is how the Democrats and Progressives…all over….are being driven nuts….by how the Tea Party has risen so fast, and so effectively immune to their schemes.
Think about it….they are angry and jealous….and wish that the Tea Party would just declare themselves their own Party! Hahahahahaha!!!! This will not happen anytime soon.
They actually think we are going to fall for the ole branding trick. Progressives would love nothing other than to have “Tea Party” written on the ballot…because they have invested so much having the Liberal media label the Tea Party as racists, extremists, and terrorists.
By weeding RINOs out of the Republican Party….the Tea Party is making the Republican ballot what it should have been in the first place….candidates that are actually Conservative….and actually know and follow the Constitution.
What’s even funnier…is to see the Democrat Progressives fall all over themselves…trying to come out with a new brand for themselves everyday….to compete with the Tea Party.
They’ve tried the “coffee party”, “Green Tea Party”, “Liberal”, “Progressive”, “Union”, “Party for the workin man”……
….The Democrat Progressives are masters at using language…and changing names to confuse the masses….but their scheming has finally caught up with them….
….they have finally painted themsevles into a corner….and they cannot hide what they truly are, from the American people anymore….they can’t hide that they are Socialists and destroyers of every great thing about this nation.
jorja commented:
Okay, we all know the tea baggers oops nowadays known as the tea partiers are extremist. So, I wanna know who is Standard and Poors? Who is directing S&P? Doesn’t seem to be Obamitrons. Who are they?
Joe Bidens xanax dealer commented:
How many of you have parents and grandparents who are freaking out about this? Mine are near panic right now. Money is tied up in stocks and the pedocrats and barry the idiot are going to try to blame this on the tea party in the morning. I feel sick about this whole thing.. Cannot believe that Barry the idiot did this in 2.5 years. Unbelievable. Did we see this coming or what?! just hard to swallow I guess.
Our elders are in full panic and many are in danger of having health problems because of it. If that happens, everyone send their hospital bills to the whitehouse for barry to pay. He’s a destroyer of nations. A cancer to us all.
What a disgrace our own President is. The VP calling us ‘terrorists’, not realizing that WE were the ones trying to avoid this exact situation. They know NOTHING about economics… and now that they’ve called us terrorists, its too late to reconcile. You pedocrats are trash and you’ve destroyed the country in 2.5 years. Congrats! Off to buy a crapload of rice and ammo come monday!
Speaking Clearly commented:
Hahahahahaha….
Words the Progressive Democrats cannot rebrand themselves out of:
Democrat
Progressive
Higher Taxes
Change
Obama
Bad Economy
Unemployment
Socialist
Marxist
Union
Green Jobs
Global Warming
Climate Change
Cap and Trade
Community Organizer
Social Justice
Spread the Wealth
They have finally painted themselves into a corner, with all of these toxic names…and no amount of rebranding will save them. The America people finally see these insidious shape shifters for what they truly are.
Blacque Jacques Shellacque commented:
…and STOP FUNDING the UN.
I second this. Wholeheartedly.
SSBN 627(B) commented:
Speaking Clearly – their name is Legion. Small wonder they protest Perry at prayer.
Militant Conservative commented:
A crash will happen. Power hungry people never
Give up power willingly. Go to the next step and
Prepare. The nature of man is quite predictable.
Why are y’all so intransigent? WTFU
Powder is dry
Robby commented:
Just remember this:
1. Obama administration officials have been meeting with the guys on Wall Street
2. Tiny Tim is good friends with all of them
What say come next summer the S&P folks raise us back to AAA. How would that look going into the election.
Never put it past the Dem politicians to do something crooked like that!
archtop commented:
#46 August 7, 2011 at 12:21 am
Speaking Clearly commented:
“If we raised taxation rates….the Democrats would not stick to using all of that income for paying down our debt anyway…..they would blow the money on entitlement programs, that benefit swing states, of the upcoming 2012 elections.”
Bingo! This is my opinion too. Raising taxes would do NOTHING because NONE of the additional revenue would go towards paying down debt – in fact, the government progressives would find more ways to spend it! It’s like giving a drunk some “revenue” to buy more booze…
mg4us commented:
#54 Robby. . .you may be on to something. . . Remember Goldman Sachs, Soros and others on Wall Street are behind Obama. .
They let the Housing Market tumble while giving positive ratings. . they help the dollar tumble giving us high commodity prices (and gas close to $4 a gallon).
Elitists are elitists whether they are Wall Street, MSM, Hollywood, Colleges & Universities, and politicians.
squeaky commented:
“What say come next summer the S&P folks raise us back to AAA. How would that look going into the election.” i don’t know if being a cynic is a blessing or a curse but i’m in. add in the projection of obama as being the man who got usama and panetta’s prediction that al qaeda will be toast [slighting the other bad boys of course]. all we need is a movie premier of the usama round-up released just before the election and voila. the fools in voterville will give that sows ear another chance. our pleather president.
http://www.youtube.com/watch?v=T4gbPNZcye8&feature=related
Bill commented:
And yet we continue to let massive waves of third world immigrants with no job skills into this country, i predict civil war.
Bobbi commented:
Granny, yes there was no need to send in our soldiers, when’ve drone would have done the Job. “Wag the Dog” staged to get the Publuc’s attention off his incompetency.
Additionally, tomorrow Dr Orly Taitz will be at the DOH in Hawaii with two forensic document experts to inspect the “so-called” birth certificate. The consensus among experts is that what Barry released April 27 was a crappy forgery.
The media will be there too, along with an Hawaiian law firm
Bobbi commented:
Maybe John Chambers and S&O Pres, Deven Sharma, can speak more plainly “proactive ability”? Doesn’t cut it. Just spell it out.
owl commented:
#22 kato………………as far as I’m concerned, your post is the problem.
If you can sit and write that dribble with a straight face, you might at least reconsider it. You have not put the blame where it belongs. Oh no. You must share it with Bush. How quaint.
I listen to each and every Repub go on tv, nod their heads and agree. Yep, it must be the evil Bush’s misdemeanor/fiscal felony. Take the opportunity to look at the chart posted on this site. Take the opportunity to think which years the parties held which houses of Congress. Think about the MSM promoting DEMS through it all. Then think about the USELESS Repubs in Congress sitting with their mouths shut and letting that MSM/Dem machine get away with the crime of LIES because they wanted all the stink to stick to Bush, not them.
You never consider that you are part of the problem. No, it’s Bush. Well, I tell you now that the same forces were all over tv this morning. The entire fiscal problem was caused by those same evil Repubs and the terrorist Tea Party. Yep, that was the MSM’s new FACT. It has been quoted so many times by so many (exactly like that Bush twaddle) that I watched a bunch of adults actually sit and discuss this crap. Did the two on the panel that could have jumped in and called it LIES, do so? Of course not. Easier to just be nice and dignified.
If it is a LIE. Stand up folks and call it a LIE.
Bush had the entire MSM machine, Dodd, Franks, Pelosi, Reid, Clinton, Kennedys, Congressional Black Caucus, Boxer, Rockefellow, Gore, McCain, Graham, Collins, Specter, NJ widows, mourning Cindy, a Dem/NYT spook, a 3 yr SP Fritz promoted by his State Dept Collin Powell, Mary Laundieu’s bro sitting in BR conducting Katrina.
You think he didn’t do a fair job of herding? He helped the one group that has some real helpless people not die from lack of medicine. Some did not have to cut their pills in half or skip every other day. SUE him, but quit nodding the head.
Multitude commented:
#47/Speaking Clearly:
You’re quite correct that the progressives have finally found a competitor that is adept at some of their tools. I think it goes beyond that, however. The progressive movement is still predominantly structuralist in its conception and expression. A good example of this is in how they seek to isolate the “head of the snake and cut it off” — constantly blaming the Koch brothers or some other figurehead. Indeed, this is literally a Leviathan they mentally construct — a head of the movement which is the thinking adversary, which leads the unthinking masses. Progressive ideology is predominantly hierarchical, as such.
What terrifies the progressives in the arising of the tea party is that it’s not hierarchical, as much as they attempt to pin a figurehead on it. This terror will only increase as they isolate and eradicate figureheads, only to discover there was no hierarchical linkage. I subsequently think the charges of “terrorist” reflect not just the usual overplayed Alinsky response (which is remarkably structuralist and ineffective against rhizomatic movements), but suggest a deeper pre-cognition fear that is arising. They can’t comprehend this enemy; it is beyond their hermeneutic (system of interpretation) means. They’re discovering their ’60s Obama/Ayers Weather Underground techniques don’t function against rhizomes; they’re intended to attack rigid structures.
Tea Party is the end of progressive ideology. It comes to supplant it as a counter-to-power movement, complete with a contemporary epistemological basis. It’s not racist or anti-racist, but non-racist (where race is not considered a meaningful designator for anything in the conceptual framework). It’s not class-based and subsequently isn’t burdened with Marxist baggage. It’s not paternalistic and trapped by that dialectic gravity. But it is rhizomatic, poststructural and a good representation of a multitude as Negri and Hardt identified a few years ago. As such, I hope it continues to stay unlinked from religious hierarchical influences, which historically co-opted every single rhizomatic movement, inverted its meaning and steered it instead toward fascism and totalitarianism.
tommy mc donnell commented:
they didn’t protest the president’s ramadan dinner.
libtard commented:
http://graphics8.nytimes.com/images/2011/07/24/opinion/sunday/24editorial_graph2/24editorial_graph2-popup.gif
Republicans in office spend as much or more than Democrats in office.
squeaky commented:
[[[Hobson hit S&P hard, expressing the view that "everything that they do is suspect."]]] it might help to know that the guys bringing the long knives also double as obama fundraisers.
http://newsbusters.org/blogs/mark-finkelstein/2011/08/07/abc-financial-expert-slapping-sp-suspect-undisclosed-obama-fundrai
Sandy commented:
The only thing that will enable Obama to win is a third party candidate. If the Tea Party wants to win this let them put up a Conservative Republican Candidate. One need only look at The Green Party and Ralph Nader in 2000 to see how G W Bush became President.
Speaking Clearly commented:
Multitude # 62: That’s quite an impressive vocabulary you have, and I enjoyed your post. I totally understand what you are saying, and appreciate you expanding on my point.
You are correct. The complexity of how the Tea Party is confounding the Progressives, goes deeper than what we first see, as “common sense”.
From corrupt union bosses, to the halls of our Ivy League Universities, to the wringing hands of George Soros, you can be sure the sales of headache pills have gone up.
You make a great point about the Tea Party not being structured around either a paternalistic, or religious hierarchy. That’s right.
The Progressives have failed to marginalize the Tea Party, by comparing them to the Christian Coalition, and claiming it is racist, which is laughable, and claiming it is misogynistic. All of these accusations are false and laughable.
Even Obama will not openly admit these things, because he knows they are a lie, and it would destroy any Independent votes that he still has left, if any.
This is why so many minorities, silently associate their way of thinking and voting, with Tea Party Conservatives, or Tea Party Patriots if you will. They are sick and tired of being portrayed at uneducated idiots, by the Al Sharptons, and Jesse Jacksons, etcetera, etcetera.
Clarke Morton commented:
Obama blames: S&P. Tea Party. Bush. China.
Obama has become, O-Blame-Ya. A POTUS that enjoys the title, but not the work.
OGEE commented:
@rbosque commented:
#8,
“Don’t forget that we’re giving away billions in “aid” all over the world, even to countries that hate our guts”
This is what I have been saying all along but no one is listening.
Taxes are for helping the poor too…
Forget about cutting so-called “entitlements”
CUT FOREIGN GIVE-AWAYS NOW!
OGEE commented:
@#65 August 7, 2011 at 10:05 am
libtard commented:
http://graphics8.nytimes.com/images/2011/07/24/opinion/sunday/24editorial_graph2/24editorial_graph2-popup.gif
Republicans in office spend as much or more than Democrats in office.
IT’S COMMON KNOWLEDGE THAT NYT IS NOT A CREDIBLE SOURCE. TRY AGAIN. The wheels on your wagon are coming off.
OGEE commented:
Does anyone think it odd that slowbama makes a deal with the Taliban and enlists them and days later the seals 6 were killed in the helicopter crash done by the Taliban? Does anyone think it odd that the seals 6 know they did not capture Osama because Osama has been dead since early 2000′s, but slowbama has a movie coming out saying he did capture osama? Odd? no.. par for the course. This evil little man needs to get a good swift kick in the a$$.The best way to shut someone up according to slowbama is to “off them”.