The irony of the self-made debt crisis

[ProdigalHorn]

I thought this was interesting...Who elected the ratings agencies?

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[pasotex]

Great post. I tried to make a similar point last week.

 

[UTChE96]

Just another example of our nearly useless media. They should be pushing back on the talking points put out by our political and corporate machines. But they just lap them up.

 

[Bevo Incognito]

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[UTChE96]

I was referring to mass media outlets such as major network news, CNN, and MSNBC not the opinion section of the WSJ. Fox is the only mass media outlet that has not ran with Obama's talking points. Where are the hard questions to Reid and Obama regarding their absurd claims that not raising the debt ceiling will be the root cause of credit downgrading?

 

[hornpharmd]

Just gotta watch Citizen Kane to see what has been going on for a long time.

 

[VYFan]

Good article. I also agree it's a net plus to have attention on this problem, whether fabricated or not.