Posted by oneway2day
John R. Houk
© September 3, 2011
Standard & Poor warned of a downgrade of United States credit rating. There was data and hints from S & P of what kind of hoops the U.S. government must do to avoid the rating downgrade. Conservatives felt that there should be a lid on the debt ceiling, a Balanced Budget, cuts in wasteful government spending and fewer taxes or some find of tax reform that encouraged business with the hope that jobs would be created with the forethought that more jobs meant more tax revenue. Leftists (in my estimation) desired higher taxes with a focus on the wealthy, closing tax loopholes for the wealthy, more government spending to fund government programs that would miraculously lead to job creation which in turn mean more tax revenue and having no qualms about raising the debt ceiling because after all we can have the Fed print more money for circulation.
The Republicans and Democrats were light years apart on which hoops to jump through to entice S & P not to downgrade the U.S. credit rating. With pressure rising concerning the debt ceiling and the effectiveness of the U.S. government to continue its obligations (e.g. payroll, Medicare, SS Checks, and so on) financially, Democrats and Republicans went behind closed doors to verbally duke it out about the old give and take compromises that would be needed.
In a twelfth hour kind of move behind closed doors a temporary deal was made which included rising the debt ceiling. The deal included tackling the U.S. debt at a later time on a bipartisan basis.
After the hoops were all jumped through the S & P still downgraded the U.S. credit rating. With the downgrade came the political finger pointing between White House-Dems and Republicans.
The propaganda impetus from the Left is that it is all President Bush’s fault followed by the intransience of Tea Party Republicans. Every intelligent person realizes the Tea Party did more to work on the debt problem rather than the Dems who were more active in taxing the rich to keep the status quo Government programs for the poor and illegal aliens with thoughts of 2012 votes more than government solvency. So with a little deceptive smoke and mirrors the propaganda agenda of the Dems is to vilify the Tea Party Movement as the problem that ails the Obamanation-Dem managed government. The plan appears that if the Dems can get enough mud to stick to Tea Partiers voters will not view Tea Party influence as a new hope for better government. The fabricated mud of the Dems is hoped to make voters forget about all the Obama “Change” mantra used by Obamasiah to transform America into a Secular Humanist-Moral Relativist-Socialistic Utopia (SA Rules for Radicals excerpts by Saul Alinsky).
When one hears, sees or reads criticism of the Tea Party Movement you are reading criticism of people that belief in Original Intent interpretation of the U.S. Constitution. Tea Partiers and smart Americans are simply resisting the Obama concept of change.
Writing all that I will turn you toward some edited emails from Tony Newbill that expresses concern over Conspiracy Theory (incidentally Newbill dislikes my association of his info with the words “Conspiracy Theory”) with the S & P credit rating downgrade as part of the NWO Left Wing transformation.
JRH 9/3/11[Read Newbill section at SlantRight 2.0]