What an amazing response to S&P.  Name calling!  Wow, that will really show them!

Lary O’donel can scream and rant all he wants; it won’t change the FACT that people will remember one key thing: This happened on Obamo’s watch.

It certainly did wake people up about our outrageous spending habits. Hopefully we will never see a politician wanting to build a billion dollar bridge to nowhere.

Interestingly S & P’s top executives were giving money to Liberal Democratic candidates in recent years;

http://thehill.com/blogs/on-the-money/801-economy/175739-sap-execs-have-favored-democrats-in-recent-cycles

Interestingly S & P’s top executives were giving money to Liberal Democratic candidates in recent years;

http://thehill.com/blogs/on-the-money/801-economy/175739-sap-execs-have-favored-democrats-in-recent-cycles

Unbelievable – LOD found time to blame Boehner but not Obama.

Oh so funny; just makes LOD looking as big a baby as Obama himself – blame the other guy – wah, wah, wah….I didn’t do it, wah, wah wah.

it is the Obama downgrade.

name calling, yes of course there’s none of that on the right. Only thoughtful and in depth analysis. But honestly, can you say he’s wrong?

how so? they actually said one of the problems is the lack of increase in revenue or taxation in the new congressional bill which caused the downgrade. Conservatives were completely against that sort of thing.

“The intensification of the European debt crisis could not be occurring at a worse time for President Obama. There is now every prospect that a wave of European sovereign debt defaults will occur within the next six to twelve months, or just as the 2012 U.S. presidential election gets into full swing.”

they also were giving to republican candidates….

Another profound argument.  It’s called justifying bad behavior with other examples of bad behavior. 

But face it, no media outlet in the history of US television has ever devoted more energy to name-calling than MSNBC.  This is their specialty. 

did you just reference the bill to nowhere that sarah palin first supported then withdrew her support from because it was politically unpopular?

did you just reference the bill to nowhere that sarah palin first supported then withdrew her support from because it was politically unpopular?

You mean the ONE Republican candidate.

One candidate to MANY Democratic candidates is not the same.

The manchild pointed the finger of blame everywhere but at himself; what a big baby – he is all wee weed up.

Republicans and Democrats are sniping at each other when they should all be taking a hard look at Standard & Poor’s.  They’ve screwed us all several times over.

that is the dumbest argument i’ve ever heard. “they do it more than these guys” as if of course that’s a quantifiable fact. I don’t like msnbc very much, mostly because in recent years it has given blowhards like ed schultz shows but keeps the smartest of the group namely chris hayes confined to the weekends. Again though, while there were many ad hominem attacks against standard and poor lodged into odonell’s statement, there was a good argument about the untrustworthy nature of a credit agency that failed to identify the poor performance of lehman brothers. Do you disagree with his statement or are you just trying to make this a bash msnbc topic?

S&P even noted the amount the new revenues should have been…..$950,000,000,000.00, that’s nine hundred fifty billion dollars, nearly a trillion.  This is a total tea-party downgrade and  Obama was clearly the adult in the room.

O’Donnell is correct, but in all fairness, Greta Van Susteren has been beating the same drum, only she did it earlier.   

Credit where credit is due.   

what was the highest donation again? something like 2000 dollars? don’t make me laugh.

“Standard & Poor’s takes no position on the mix of spending and revenue measures that Congress and the Administration might conclude is appropriate for putting the U.S.’s finances on a sustainable footing.”Maddow went on NBC Meet the Press and misrepresented was the importance of revenues in S&P’s analysis saying, “They mentioned the need for increased revenues and for revenues being on the table three separate times.”Isn’t it fascinating how Maddow notices the word “revenues” mentioned three times but completely missed the 28 references to “debt?”Read more: http://www.newsbusters.org/blogs/noel-sheppard/2011/08/07/maddow-flat-out-lies-about-sp-s-downgrade-explanation-not-because-the#ixzz1UUUkhzgq

you just called someone a man child whilst using the term wee weed up LOLOLOLOLOL

Fox News Gets Its Downgrade
http://mediamatters.org/research/201108080047?utm_source=twitterfeed&utm_medium=twitter

New headline: O’Donnell attempts to cover Obama incompetence with S&P blamefest.

what is the argument here? I think most people agreed that a balanced approach was necessary, one that cut debt and increased revenue which is what s and p suggested.

how many conservatives were telling us to let our politicians default on our debt again? and now they’ve suddenly changed their tune. How interesting.

Every decent, honest person knows that this asshole Crazy Larry would be supporting the S&P and using the S&P downgrade to rail against Bush if he were still in office, which is why no one except the die hard leftist POS’s takes the socialist POS seriously.

Oh noes!!!1!!  Looks like Larry just figured out the piggy bank is being taken away from the liberals and the Republicans didn’t even have anything to do with it.  No more borrowing.  No more taxing.  You can still print cash, i suppose … for as long as you control the Fed.  In other words, you’ve got no more money.  Sucks to be you, the rest of us will go about the business of trying to pay off the debt you’ve saddled on our kids and grandkids.

Both sides are well payed for. Getting elected costs a lot of money.

LOD=Lawrence O’Donnell and Legion Of Doom

Maybe Larry can show us any  former MSNBC  hosts who have  achieved success  without  lucrative salary for being a jackass.

Name one.

Maybe Larry can show us any  former MSNBC  hosts who have  achieved success  without  lucrative salary for being a jackass.

Name one.

Obama gave the Republicans most of they wanted, but the Tea Party still would not accept it. How was it Obama’s fault?

Forget spastic Lawrence O’Doofus. Read “Conquering the Storm: by Gov. Sarah Palin on Facebook. Discover what sensible economic policy & strong leadership is all about.

You do of course know that I’m quoting Obama who is known for coining the phrase “all wee weed up” right?  Please tell me you know that….yes, nationman, Obama said on public televisoin”all wee wwed up”…you had to have seen it.

So, the propagandists are taking a two pronged approach.

If you believe that S&P gave the right call, it is all the Tea Party fault, if you believe they are just a bunch of incompetent fools, you cover Obama that way.

By the way, I wish I could become President as a Leftie, it would be the easiest job in the world. Hell, all the propagandists would cover my arse. Sign me up!

Here is his exact words:

Obama said: “There’s something about August going into September where everybody in Washington gets all wee-weed up. I don’t know what it is. But that’s what happens.”
 
see Politico and many other sources for his, yes the manchild’s own words.

I dunno Larry.  Some day people will be criticizing them for giving the US a rating that high.  We probably should be at a C or D.

No one was saying that, fool. Many conservatives knew, rightly so, that the debt could be dealt with without raising the debt ceiling if we made some of the hard choices that need to be made. There was never talk of default, and as it turns out, it didn’t really matter, since America’s credit rating was downgraded anyway. But you didn’t know that, because you’re a tool who believes whatever your puppet master spoon feeds you.

No one was saying that, fool. Many conservatives knew, rightly so, that the debt could be dealt with without raising the debt ceiling if we made some of the hard choices that need to be made. There was never talk of default, and as it turns out, it didn’t really matter, since America’s credit rating was downgraded anyway. But you didn’t know that, because you’re a tool who believes whatever your puppet master spoon feeds you.

Just like every decent, honest person knows Sean Hannity would be ripping the S & P if Bush was still in office. Right?

Yes they did but they didn’t say raise taxes to do it. Taxes are not the only way to increase revenue. That seems to be the problem with liberal thinking. They think taxes are our main source of revenue so raise taxes. Conservatives say taxes are our main source of income so get more people working and paying those taxes. Seems the Conservatives and Tea Party people are looking at the bigger picture.

oooo! Stock Market down 6.66%.  The American people thank you GOTP!

It’s Obamo’s fault for not coming up with a plan of his OWN; it’s Obamo’s fault for being the leader of the DIM LIB party who decided that it was more important to play with their social engineering & redistribution tinker toy set than to FIX this problem earlier. It was Obamo’s fault for thinking he had a ‘spend-aholic’ mandate (“I won”) when he really never did.

The very fact that the Tea Party exists is Obamo’s fault. Had he been more inclusive of ALL Americans instead of being divisive, the Tea Party never gains the traction it did.

In your worst nightmare is the FACT that Obamo is responsible–through his actions and inactions–for the birth of the Tea Party.

That was just one example. All the hogs (politicians) were at the trough trying to get more than their fair share. Senator Byrd was the biggest hog of them all. He had a high speed train slowly winding through the hills of West Virginia just so he would have a ride home.

“As to whether S&P is wrong…The way you debate a bond rating agency
is with cash flow analysis and discounted cash flow calculations. I
don’t believe I saw Larry produce any of those….”

Huh!? What!? You are like talking a different language! That is NOT New Speak. Go to the back of the economics class, NOW! /s

L.O.D IS AN AHOLE ,AND ALWAYS WILL BE!!!!!

yeah go look at eric bolling’s comments, limbaugh’s, and hannity’s moron.  

man you got me, not on an actual debat point mind you because you failed to address the point that s and p clearly disagrees with the republican establishment. but you got me on semantics, and can i just say congratulations. You must feel like a winner.

Are you counting your gold bullion? Let them still believe the economy is doing great. Let them believe the government is their to help them, instead of taking all their life savings and labor.

It is not like we did not warn them. Just because the listen to the blather and bloviations of these imbeciles, we should not feel sad or guilty.

Heck, these idiots listened to Weiner on how gold was a bad investment. How can you reason with them?

You could have at least sourced your quote.  I read that earlier and you quoted probably the least damning portion of the post.

http://american.com/archive/2011/august/obama2019s-european-economic-time-bomb

I mean I figure I can probably pull out any number of conservative politicians who did the same thing but then you’d pull the “all politicians suck” argument out. Let’s just say for the sake of argument that the ones in charge of the republican party now haven’t exactly adhered to the tea party principles in the past.

Wait, she withdrew her support because it was politically expedient? Is that what you are saying? Hey, what is Sarah Palin thinking right now oh purveyor of other people’s thoughts?

…still they gave overwhelmingly to Democratic candidates…and only ONE to a Republican.

shhh, you shouldn’t criticize the president in a time of war right? lolololol

Show me the link where any high profile conservative advocated defaulting on the debt.

Which is why it’s curious that O’Donnell didn’t remark that the market reacted to the downgrade by, wait for it, selling stocks and investing in Treasuries.

http://online.wsj.com/article/SB10001424053111904480904576496600917063260.html

But we all know the WSJ is staffed by a bunch of pinkos.

Hey, YOU will NOT use the leftist words against them. That is a violation of the New Speak doctrine, codified within the Obama Care and Financial Takeover bill. Do not believe me? You have to pass it to see what is in it!

Thanks communist_kitty, we really need to see what the White House and George Soros thinks about it.

I am really missing their input. By the way, how is your portfolio doing since you are listening to them? I mean, you did not put any of your portfolio in that EVIL gold did you?

http://mediamatters.org/mmtv/201104130004

Glad you agree with me.

Bond rating is not an exercise in political ideology and jawboning.  The analysts at S&P and Moody will quantify all the key parameters, and make a decision based on their cash flow model.  The responses from Lawrence O’Donnell — and the liberals commenting here — reveal a profound lack of comprehension of what is taking place right now.  They may think that tossing out insults at S&P (just as they do at Murdoch, Palin, Bush, etc.) has some sort of effect, but they might as well try to pay their bill at a restaurant with insults, or purchase their groceries with snide remarks.  

http://www.adn.com/2008/08/31/511471/palin-touts-stance-on-bridge-to.html
just read up you hypocrite.

By the way, how goes that debt ceiling raise? Were you one of the losers that was afraid to bet me that all checks would go out?

Also, now that the Federal government can now borrow money from itself again (Quantitative Easing number3, followed by 4,5,6,7,8, ad infinitum) are you STILL going to think that everything is Faerie dust, Rainbows, and Unicorn farts?

OR, are you going to grow up and actually think for yourself?

yeah there’s a thing called in edit button that he clearly used.

I don’t know what the msnbc’s bitch is all about. The S & P is doing it’s very best to put the blame o n the Tea Party Americans. I guess the Obama  network  isn’t satisfied  it’s first hit reality show Obama Nation..

You read over at Ace of Spades?

Doom!

Of course I agree. We have to all be honest and call bullshit when we see it, buddy.

It’s nice to see that the official site idiot has weighed in.  

“As to whether S&P is wrong…The way you debate a bond rating agency is with cash flow analysis and discounted cash flow calculations. I don’t believe I saw Larry produce any of those…. ”
meh, the basic truth is they were completely wrong on the issue of lehman brothers, who were one of the key contributers to the current economic downturn, how can they be relied upon to make a good analysis of the u.s. credit rating? again though, this is political punditry, very basic grab your attention stuff. I’ll pay you more mind if I see you call out conservative political pundits for the same type of unsophisticated talking points.

overwhelmingly? like there was a huge fund transfered from them to democrats? or are you just making mountains out of mole hills?

“Some day we will thank S&P for the credit downgrade because it is a message to Washington that we must begin to address the long-term solvency of the United States of America.”

Dan Arbess of Perella Weinberg Partners

Correction on this article though, as the author writes that S&P gave, “… Lehman Brothers, an A rating up until the month it collapsed, elevating it to the same level as American Treasury bonds.”

It was downgraded to AA+ from AAA giving us the same credit rating as Japan, which was downgraded to AA+ in 2002 and as of today 10-yr. Treasuries for Japan were at a whopping 1%.

LOL! I have a vivid view of that guy in Dune screaming at the pillar attempting to break it.

The bond market is one of the things I stay away from. After 3 years attempting to understand it, I am still just a pup in that market. I fare pretty well in the others, not so in the treasuries and bonds. One thing I do know, they were manipulated 5 years ago, now you might just as well go and try and beat Las Vegas as to try and make money in the bonds and treasuries.

I like to try and get better contracts by telling my sales contractor he is an idiot, am I wrong in my procedure? HEHEHE LOL

so you admit that the conservatives wanted an economic downturn?

people hate the government so much that they’re selling stocks and investing in the treasury.

Your argument is ridiculous.  Bond rating agencies evaluate tens of thousands of securities, and their track record is not perfect.  But that doesn’t change the basic facts:  S&P has a methodology that relies on quantification and modeling.  To respond to S&P, you need something more cogent that bullying and name-calling.  I challenge anyone at MSNBC — host or guest or analyst — to come up with a cash flow analysis that shows the US government paying off its debts and unfunded future liabilities given its current trajectory.  The fact that none of the liberal pundits even tries to do this, instead resorting to name-calling, is essentially an admission that S&P was correct. 

Just like I thought, you can’t. Eric Bolling? Please.. And Varney made my point for me in that video. No high profile conservative was about to let it happen. Fail.

also instead of a bridge to nowhere, she just made a road! one that cost 25 million dollars.

their math was off by 2 trillion dollars, I wouldn’t trust anything they have to say.

eric bolling is ona  high profile foxnews show and you dismiss him? what a weak attempt to thwart my argument.

just admit you wanted the economy to sink the way it has now and stop crying.

BARACK OBAMA’S DOWNGRADE AS PRESIDENT OPENS THE DOOR WIDE OPEN FOR A ONE TERM PRESIDENCY AND THEN SAY HELLO TO THE RETURN OF AMERICA.

Subprime mortgages rated as AAA, that’s really all you need to know about S&P.

Subprime mortgages rated as AAA, that’s really all you need to know about S&P.

Boling is a guy on FBN whom most people have never heard of. I didn’t know he was the new face of conservatism. Fail.

Explain how you came to that assertion by my comment. I would be interested in your thought process coming to that conclusion.

Gold DOES NOT make you money, it hedges against the government devaluing your dollar.

By the way, are you going to give me crud about making obvious money when SOROS helped instigate the destruction of the British pound and made BILLIONS?

You sir, are a moron. We told you the problems. We told you the destruction going on. We told you that we have to make an adjustment in our spending. What did YOU and the other idiot leftists do? You denigrated us, you and Weiner called for an investigation into gold sellers. You leftists did EVERYTHING in your arsenal to attack us and our common sense approach. Do you even know what Austrian economics espouse? Have you even had a rudimentary education in economics? I did, from a Keynesian viewpoint and while taking the classes, I had HUGE doubts on what they were teaching. They were teaching the exact opposite of Natural Common Sense. I began to ask questions and make my own observations. I looked into historical documents and historical data. Things did NOT add up. All the things taught to me about the First Great Depression did not make sense.

Then, I came across another philosophy, called Austrian Economics. It matched the parameters and observations in historical context. It matched my own thought processes on why a=b and therefore etc, etc, etc.

If the model does NOT work, you create another or you find one that fits. That is SCIENCE!

So now the WH has their talking points to reliable Larry at MSDNC. We all know of the past issues at the 
rating agencies..however the downgrade was warranted b/c of the out of control spending. Larry “the humble” fails to mention BHO’s dithering for 6 months, nor the Dem controlled Senate’s inability to pass a budget last year or this year, or the rejection of the WH budget.
Now if Larry’s employer would pay some taxes…that would help reduce the debt !

i love larry’s new ad, i used to write tax laws, i know they are unfair  lol

“No one was saying that, fool.” your original argument.
“yeah go look at eric bolling’s comments, limbaugh’s, and hannity’s moron.” my response
If you want the rest of it, there’s this thing called google you can use.

Yes, I will admit that I WAS RIGHT and Krugman and Obama was wrong, thank you for accepting the truth that your ideologues are a bunch of morons.

Thank you for admitting that I am smarter than your idiots. You are making me feel superior, I am almost blushing now.

So you have no idea what you read, do you?  Someone smarter than you sent you a link to that AEI article and you read it and chose the part that was within your mental capacity.  Totally understood.

it is also not bullying when the other person clearly has a bad record and reputation.

You should remember Shrillary’s comment.

It is patriotic to question your leaders! Oh wait, you suffer from Cognitive Dissonance and should not be talked to, you are by the way a sociopath.

Lord Of Dumb

The self-proclaimed socialist said “United States bonds are still the safest monetary investment out there.”

The largest bond fund in the world, managed by PIMCO, cut its exposure to US Treasury debt to 10% in January and to zero in March. They invested in Australian and Canadian bonds instead.

Maybe PIMCO knows more about safety than O’Donnell. It didn’t even wait for S&P to determine whether the US government bonds were the safest or not. PIMCO did its own research, made its move, and told everyone in the world what it did and why.

And I said, “Show me the link where any high profile conservative advocated defaulting on the debt.” to which you provided a link to a business channel guy saying, “let them default”. Since Boling’s was the first (and only) link you provided, I can assume that you cannot find any links to any high profile conservatives advocating default. If there had been, you wouldn’t have started with Boling. Epic failure, homes.

Hmmm, four years and gold has quadrupled in price, how goes your stocks and treasuries?

I will show you mine, if you show me yours! LOL

LOD predicted the budget would be passed with a 1 page clean bill and Obama would be praised by the market…

Shhhhhh, everything is good. Trust me.

Allen West would never do something like that!

S&P obviously had more skeletons in the closet than we thought. When this all shakes out we’ll find out which of our politicians were involved in the downgrade. Both sides are using it against one another so it will take some serious in depth investigation to find out who did what.
The obvious culprits will be those most closely involved with Lehman Brothers and Chase.
O’Donnell seems to be doing some real investigative reporting, as much as I am reluctant to give him kudos.

Honestly if you want to make a point, please refrain from talking points.  Calling Obama “the adult in the room” grates on my nerves as much as saying that he was asking for a “blank check”.

The S&P report was pretty easy to find and quote if you wanted to make a point.  Just saying.

Do you happen to have an economic model that this has worked out from by chance?

I’m curious.  I’m reading “This Time is Different” currently and I am only about 1/3 of the way through, so perhaps they haven’t mentioned a case yet, but it is pretty thorough.

If you have any books, I’d love to do some more reading of actual cases.

I think Jon Stewart’s take down of S&P was slightly better.

I think Jon Stewart’s take down of S&P was slightly better.

S&P is bought and paid for by the government.

I got into an argument about 9 months ago about all of them. The debater argued that they were private firms, I asked how did they make money by just evaluating bonds. It went down hill from there.

The US is a anamorphic system, part capitalism, party socialism, part communism, part dictatorship and part screw your neighbor.

You cannot and should not trust ANY and ALL information you are receiving unless you are parsing it and collecting it yourself.

BUT, here is the one thing I have ALWAYS found to be relevant, when anyone begins to scream their information is the bees knees, you can be assured it is all lies. Politicians and their REAL constituents, the ones that make money for the politicians and the ones that make money from politicians, you have to pay attention to.

Do I need to mention…………..Bawney Fwank. The instant that asshat started saying the housing market and the economy was fundamentawy sound, I made adjustments. The INSTANT, that Dodd stood in front of the entire world and claimed he had NOTHING to do with giving him and Obama’s buddies deals in the TARP and STIMULUS package, I knew he was lying. So tell me folks, has Dodd been charged with manipulating the markets or insider trading? I thought not.

Oh by the way folks, just a LITTLE side note, remember when Obama declared a Medical Emergency for the least deadly flu season for a hundred years? He held HUGE stock options in pharmaceuticals. Oh well, he is the president, he is allowed to commit insider trading!

Yeah, these guys should have been charged long ago, you’re absolutely right.
Certainly Barney Frank and Chris Dodd came to mind as persons of interest first, but I’m not ruling anyone out.
The real obstacle, as I see it, is who will be able to investigate all this with these folks throwing up road blocks for one another. Whoever succeeds will be America’s hero for a century.

The S&P downgrade is a direct result of President Barack H. Obama’s being downgraded by virtue of the fact he has no plans, he has nobody in his administration who has a clue and goes down as the weakest left-wing president that he and he alone has accomplished this.

He will never be a great president, destined to live forever in the shadow of President George W. Bush, the Tea Party, and a limited intellect that no one could believe was possible. LMFAO!

Please continue you serving up these easy opportunities to anger you and the rest of your DemoKKKratic friends.

If Lawrence O’Donnell (and other liberals here) are correct, and S&P has no skill in rating bonds, then they should set up their own bond rating agency.  S&P makes loads of money rating bonds, and if a MSNBC host can do a better job, he ought to set up shop immediately.  Come on, Larry, put these fools at S&P out of business with your superior bond rating methodology!

Since they made a $2 trillion dollar mistake based on CBO numbers, for starters, why are you even asking?

So their analysis is based on CBO numbers, which were based on the wrong baseline.“These are about long term projections, they are about highly technical assumptions related to Congressional Budget Office base lines about debt growth now and in the future,” he said. “So under our current projections, for example, the way we measure net public debt in the US. This year the debt is going to be about $11 trillion. We’re projecting it’s going to about $15 trillion in 2015 and we expect it to exceed $20 trillion in 2021.”http://blogs.abcnews.com/george/2011/08/sp-no-regrets-on-downgrade.html

So this austere body is basing their judgement on “highly technical assumptions” (I am wondering if he’s ever read a CBO report, because parsing them out is not that hard) from the CBO?

Even with their readjusted assumptions we do not even reach 100% of debt, which is still held at a comfortable rate of about 2/3 by Americans.

They are not the sharpest spoons in the drawer and you need to face that fact.

Since they made a $2 trillion dollar mistake based on CBO numbers, for starters, why are you even asking?

So their analysis is based on CBO numbers, which were based on the wrong baseline.“These are about long term projections, they are about highly technical assumptions related to Congressional Budget Office base lines about debt growth now and in the future,” he said. “So under our current projections, for example, the way we measure net public debt in the US. This year the debt is going to be about $11 trillion. We’re projecting it’s going to about $15 trillion in 2015 and we expect it to exceed $20 trillion in 2021.”http://blogs.abcnews.com/george/2011/08/sp-no-regrets-on-downgrade.html

So this austere body is basing their judgement on “highly technical assumptions” (I am wondering if he’s ever read a CBO report, because parsing them out is not that hard) from the CBO?

Even with their readjusted assumptions we do not even reach 100% of debt, which is still held at a comfortable rate of about 2/3 by Americans.

They are not the sharpest spoons in the drawer and you need to face that fact.

I’m not angry at all.  You quoted that bunch of commies over at AEI and were too dumb to understand what it was saying:

“When those European defaults do occur, they will reverberate throughout the global economy in much the same way as the U.S. sub-prime crisis did in 2008.”

ECB (that’s the European Central Bank so you can color it red in your color book) just bought up a ton of Spain and Italy’s bonds.

“In a recent survey, the Fitch rating agency found that, as of the end of May 2011, the U.S. money market industry had direct exposure of around $1.2 trillion, or around half of its overall assets, to the European banking system.”

Let’s be nice and say it’s only 40%. :)  That wouldn’t be a big hit to an already soft economy, right?

“Those European banks in turn are all too exposed to the $2 trillion sovereign debt market for Greece, Ireland, Portugal, and Spain.”

At some point the Euro is going down, but you are a good conservative and knew that Milton Friedman said it would fail when it was instituted, right?  Of course you did.  What was I thinking?!

“An intensification of the European debt crisis would not be good for the U.S. economy at the best of times. But these are hardly the best of times. The softening of U.S. economic data over the past few months and the prospect that the U.S. economy is now to be weaned off the monetary and fiscal policy steroids to which it has been accustomed over the past two years do not bode well. An economic shock from Europe is the last thing that the U.S. economy or President Obama now needs.”

We’ll see tomorrow if the Fed talks about a QE3 (I don’t quite think you are up to understanding Quantitative Easing quite yet.  Why don’t you finish your other economic coloring books first?), because that will be the tell to the Europeans that we’re willing to play along.

Now you stupid pigeon, go live in your pigeon hole.  

Either you read it on a blog that didn’t give the American Enterprise Institute proper linkage or you were too dumb to get past the first paragraph.

I would bet on the latter, but I doubt you read the American Enterprise Institute.

Just think of it, your president, the idiot you voted for goes down in history with an asterisk next to his name. Standing in the shadows of the Tea Party. Standing between the shadows of President George W. Bush and Sarah Palin. No greatness for him. Just another left-wing loser in a very long line of left-wing losers. Smilin’ still? heheheheheheheheheheheheh! LMFAO!

I am smiling.  Mostly because I have no idea what you are talking about in most your posts.

You posted the first paragraph of a posting from AEI that I read first thing this morning.I pointed out that you could have at least pointed out the article that you were quoting, because it actually went into that whole argument thingy.  Some of us are actual readers.I believe you are confusing baseball players with Presidents if you think there is an asterisk next to any of their names.Your vapid blandishments only make it worse after I pointed out the rather serious consequences that were the actual point of the article.Your vapid blandishments for George W. Bush and Sarah Palin were just such poshlost.

Barack Obama has done a great deed for this country by single-handedly destroying the Democrats for years as a viable governing party. Now that’s a reason to party, you know, a Tea Party!

PS-Just one question: Why are liberals so miserably needy?

I heard this same BS from Karl Rove in 2004 and I heard it about the Republicans after Obama was elected in 2008.

I do apologize for calling you a pigeon, because you are a human goldfish.

Question Mediaite, when you posted the article, you stated, “stupidest political analysts in history”.

Are you really giving O’Donnell a prize?

Must really suck to be a liberal nowadays. Let it go cupcake, just let it go. LMFAO! heheheheheheh.

Cool name

Oeno, I am attempting to understand your comments.

I have not seen any AEI article, I just know that any and all bailouts to the EU are about as smart as the bailouts to any of the institutions in the US. My opinion without any parsing from other opinions.

Are you under the influence that the bailouts are working? Just asking.

NM, like I said earlier, those that have an ideological and political reasoning to hold a certain economic belief, are the LAST people anyone should take economic advice from.

All of NBC including MSNBC and CNBC should be the last places ANYONE should go for economic advice.

Oh well, I am only right because I am right. I have been right so far for the last 3 years. Every decision made was betting against everything, THEY told me to do. When you are batting 1.000, you tend to think that the source of the information has to be right. But hell, who am I to say. Better listen to Cramer!

That is F&cking HILARIOUS coming from someone who was a Democrat for 40+ years and has repeatedly bragged about campaigning for Kerry!!!

You have said you voted against Bush but now you’re up here defending him because you’re a senile TeaBagger.

Please keep the Bulls#it coming!!! You’re Entertainment!!!!

The Greek Philosopher, “Diogenes the Cynic,” carried an oil lamp during the day through the streets of Athens, LOOKING FOR AN HONEST MAN…

I always have a flashlight, just in case!

Purveyor

LOL.

Sorry, I could not hold that one back. I am hellacious remembering historical figures, I remember scenarios not specifics.

Just did a google and wow, I am Diogenes railing at the world. Could I borrow your flashlight?

I’ll probably botch the quote, but….”The office commands respect, the occupant must earn it”

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I posted the link and even quoted the more damning parts of the article below.  It just pisses me off that someone decides to quote the first paragraph of an article they obviously did not understand.

Ken Rogoff had a fascinating interview in Der Spiegel yesterday and he put his finger on it pretty succinctly:  Ultimately, Germany has to guarantee all the central government debt in Spain and Italy, and that will be very painful. 

http://www.spiegel.de/international/world/0,1518,778875,00.html

No one said we should default….(maybe Ron Paul) the argument was to not raise the debt ceiling. They are not one and the same. If the debt ceiling was raised we would still have revenues coming in through taxes. It would be the administration’s decision on how to spend the money. They could and should service the debt first (which means no default), then they have to prioritize what would be paid next…social security, defense, medicare, or hundreds of programs that don’t work. To be honest, not raising the debt ceiling would have forced Obama to live up to his campaign promise to go line by line through the budget and get rid of programs that don’t work. Imagine that!

But please, we were never at risk of default…that was a scare tactic.

It’s quite obvious from a statement such as this Larry has never once reviewed a tape of his own program.

When an analyst referred to MSNBC as the ‘sister network’ of CNBC, the CNBC host Harken immediately stopped the reference and said, no, no, sister-in-law, BY MARRIAGE.    Funny line, actually. 

If you look to business analysis from MSNBC, you might as well put your money in a mattress.   Safer that way.   

There is an economic darwnism going on here.  Those who look realistically at these debt issues, like the Tea party, likely have lowered their own personal debt and are positioned well for a double dip.  Those who watch these shows likely are looking at personal debts themselves and blaming everyone else.  Personal responsibility is a much better lifestyle.   

not true. It was a 3:1 ratio of cuts to tax increases. It was a plan.

LOD, stll trying to cover Obamas ass.

Where do you think I got my point from Oeeo?

“ No media outlet in the history of US television has ever devoted more energy to name-calling than MSNBC”.  Tell you what, felix, watch Faux Noise once in a while.  They’ll see your bet and raise you all in. And “The way you debate a bond rating agency is with cash flow analysis and discounted cash flow calculations”?  How about debating them with their incredibly failed rating calls?