Tuesday, August 9, 2011

Stop Pointing the Finger


The U.S. credit rating was downgraded Friday night by Standard & Poor's. Initially, the company said the U.S.'s ">debt ceiling compromise fell short by $2 trillion. Not so, says, an economic advisor in the Treasury department. The ratings agency stood in judgement, acknowedged it's mathematical error, and pointed its finger anyway, saying the nation's politicians took too long to reach a deal.
So which is it S&P? Are you trying to make a point about our ability as a nation to pay our bills or are you you yourself playing politics, the same thing you've accused our D.C. legislators of?
Our great leaders have done enough finger-pointing leading up to the compromise. We don't need some ratings agency, who by the way gave its AAA stamp of approval to risky mortgage-backed securities and crooked financial firms a few years back, to remind the nation there's a great deal of work to be done to further shore up our financial future.
To S&P I say stop pointing the finger and roll in the mud with the rest of us trying to limp through tough financial times.

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