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Trump Is ‘No Fan’ Of Obama, But ‘Arrogant’ S&P Had ‘No Reason’ For Downgrade

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Donald Trump wants to be clear: he is obviously “no fan” of President Obama, and “what’s happening in this country is terrible.” That said, he seems to hold the Credit Ratings companies in lower regard than the White House, particularly in light the recent credit downgrade made by the S&P. “These are arrogant guys,” Trump told the hosts of Fox and Friends, adding “they had no reason to do what they did.” Trump then responded to Governor Mike Huckabee‘s unironic plea for Trump to replace an embattled Tim Geithner as Treasury Secretary.

Trump’s stated frustration with the ratings agencies is the next bit of evidence in an emerging trend: bipartisan frustration and anger with the S&P for unnecessarily inserting themselves into he political realm of the current economic state by downgrading the federal credit rating after the debt ceiling was raised last week, particularly after they (and other ratings companies) completely missed the sub-mortgage financial crisis of three years ago.

Trump then went hit many of the same banal and predictable notes he’s hit in the past — bringing on smarter business players into the administration’s economic team, playing tougher for China, etc. — before addressing the Huckabees’ statement that Trump should replace Geithner. The fact that Fox and Friends‘s co-hosts took such a recommendation at face value and Trump addressed that comment without laughing at its core absurdity, is perhaps the best evidence to date of just how disconnected from reality is the hyper-partisan opinion-based programming like this show.

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  • Anonymous

    Trump knows plenty about downgrades.  His businesses have repeatedly filed for bankruptcy.  But do we want to run the US government like that?

  • http://twitter.com/runforfun54 Ilene K

    Who cares what the Bigot has to say — anyone else notice NO ONE interviews this sob, other than the KKK’s own network – Fox. Intg – Palin, Trump.  Isn’t Fox supposed to be about “family values”? Ask them why they give DEADBEAT DAD Joe Walsh a platform!

  • Johnjguy

    Are people suddenly becoming wise and Yodaish after the event.

    Now that everybody no longer has any toys to throw out of their collective prams, it’s suddenly become the fault of S&P for the downgrade. 

    We were warned in advance of this eventuality, but chose to take no notice and played partisan politics instead. For what that was worth…

  • Anonymous

    Yep. Business as usual in Washington – blame anybody and everybody else. then leave town.

    Well, folks, this one belongs to Obama and the lovely dysfunctional Congress that is now run by a tiny minority of blind ideologues. This is what S&P pointed to on the downgrade notice.

  • http://pulse.yahoo.com/_SI5NXALBPMGH5A7BLRV6GWW3BM Jim

    “Trump then went hit many of the same banal and predictable notes he’s hit in the past.” I guess Colby Hall (Little Tubby) and Donald Trump have a lot in common, only Donald Trump edits what he writes.

  • Anonymous

    hahaha…The Donald goes on FIXED NOISE today and says exactly the OPPOSITE of whats hes been saying all weekend….he cheerleaded this diaster on for months but now he seems to be having a change of heart…hes looking at The BiG Board and watching himself get poorer and poorer…STFU daffy…hate and racism costs money….Dont quit your day job sucker…and you stupid assed hobbits that have been riding the donalds and The FAUX NEWS’S coattails are gonna go under too…thought you were upside down on your mortgage b4???….better look again…and get ya checkbooks out…YOURE ABOUT TO PAY UP BIGTIME…political suicide mission accomplished….you wanted to sabotage Obama’s Presidentcy huh???….you may just get that done but….you’re gonna starve, lose your home,and your social security, medicare, health insurance and livlyhood……GOOD LUCK…..dipshits

  • Anonymous

    He was on CNBC earlier this morning.  I guess you did not notice since you spend most of you time with your head up your ass.

  • Anonymous

    Everyone’s a bigot in the bizarro world of liberalism.

  • Anonymous

    Trump made all the rounds this morning and over the weekend. While this doesn’t make Trump any less annoying, obnoxious or irritating, it is true. In fact, CNBC heavily promoted Trump’s appearance this AM.

  • Anonymous

    Cooper did an interview with S&P’s John Chambers where he talks about why S&P downgraded us. Here’s the link http://money.cnn.com/video/news/2011/08/06/n_us_credit_downgrade.cnnmoney/?source=cnn_bin&hpt=hp_bn3

    It boils down to S&P no longer giving us the benefit of the doubt that we won’t act like deadbeats, and try to exit out the bathroom window when the check arrives. It would be one thing if a lackluster deal were reached, that kicks the can a few months down the road, without the Tea Party using the debt ceiling as leverage. Add a lackluster, we’ll settle this later, deal to the fact that for the first time there was a serious threat to not raise the debt ceiling, and this is what happens.

    Now there is a third side to this, concerning S&P’s decision. I don’t think the criticism they’ve received is just sour grapes, for the most part. There are two other agencies that haven’t acted so hastily. The S&P was said to be off by about two trillion dollars in their calculations. They should probably ensure the accuracy of their quantitative analysis, before issuing a downgrade primarily on qualitative analysis of our political structure.

  • Anonymous

    Your boy is the one who has destroyed the economy and got us a downgrade…..not Donald Trump!!

    Your boy is the one who has sabotaged his own Presidency by his own incompetency!!

    Boy blunder is a complete failure!!

  • Anonymous

    You hit on an interesting point. This is where the term “one crew, one screw” comes into play. As popular in some circles as it has become to portray our President as the “other” he is the elected leader of The United States of America. Sabotaging him, sabotages the country as a whole.

  • Anonymous

    You hit on an interesting point. This is where the term “one crew, one screw” comes into play. As popular in some circles as it has become to portray our President as the “other” he is the elected leader of The United States of America. Sabotaging him, sabotages the country as a whole.

  • Anonymous

    Children, come gather around.  Donald Trump is speaking.

  • Anonymous

    New implosion by Donald the Birther Trump  and Mediaite cannot but echoing it again.
    Either you hold him for a paragon of wisdom, or he’s paying you for this constant publicity.

  • Anonymous

    Fact: Correct the ratings vote out all demarodents out in 2012! America deserves better than a community organizer as president!

  • Anonymous

    Talk about Newsweek using doctored or unflattering photos. Look at the one above of the Donald. He may pay to get this shot back.

  • Anonymous

    Fact: Righty tightly and lefty loosely is really a good way to correct spending habits. Tighten up with more cuts in entitlements and loosen up restrictions that hurt business! Obama is his own worse enemy!

  • Anonymous

    Looking severely constipated… Poor thing :D

  • Anonymous

    Eh… now you’re kind of stretching it a bit. It’s one thing for me to say we’re all in the same boat, so let’s not cut off our nose to spite our face, and quite another to compare economic policy to valve mechanics.

  • Anonymous

    The challenge is in finding a better shot. Sometimes it’s the photographer, sometimes it’s just the subject.

  • Ralph

    Set up a shell corporation, get some TARP funds, buy S&P, and burn them down.

  • Mathenjp

    haha.. clown.. ya trump knows one thing real well.. using bankruptcy court to protect your wealth

  • Anonymous

    Quit trying to step away from your man, you and FoxNews own this guy now.

  • http://twitter.com/cek100248 charles kirtley

    Agree or disagree, S&P had reasons for the down grade. They warned Washington months before they acted, but the politicians were like children fighting over a candy bar and got nothing done to head it off.

  • Jadd

    Of course they had no reason for this, except of course for the damned tea baggers. You put nut jobs in Congress and what do you think is going to happen?

  • Jadd

    Of course they had no reason for this, except of course for the damned tea baggers. You put nut jobs in Congress and what do you think is going to happen?

  • Jadd

    Of course they had no reason for this, except of course for the damned tea baggers. You put nut jobs in Congress and what do you think is going to happen?

  • Anonymous

    I will point out again that everything I’ve stated about Trump has been validated by subsequent events.  This is all a matter of record.  And the only people to disagree with me came from the ultra far left.   They actually believed that Obama would run against Trump next year, and win the race by producing his birth certificate.   How stupid can you get? 

    Just think about it for a second. I made a hundred more comments here dismissing the political prospects of Mr. Trump, and the only people who disagreed, and were insistent that he would be the Republican nominee, were liberals like you. Not a single conservative made it into the stupid club.

    For a laugh, go back and look at what you and your far left buddies said about Trump here just a few months ago.   If there was museum devoted to denial and wishful thinking, you would have earned an exhibit.

  • Anonymous

    You own FoxNews and FoxNews owns Trump.

    You own Trump.

    How embarrassed are you? I imagine highly. Go hide back under that rock.

  • Anonymous

    You own FoxNews and FoxNews owns Trump.

    You own Trump.

    How embarrassed are you? I imagine highly. Go hide back under that rock.

  • Fuzzytoes

    Is his hair getting thicker. Ha, ha, ha.

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