Congratulations to our National Leaders, You've Really Done It Now

I know that I should refrain from language that is not so nice, but sometimes there are few phrases that express meaning more clearly than a colorful one. Congratulations to the President and Congress, you've really screwed the pooch this time.

Standard & Poor's is the most often cited ratings agency for bonds and other sorts of debt. In short, the better your rating, the cheaper it is to get financing. It' s kind of like a credit score for people who finance big debt. This is what they had to say about the "quality" of US Debt after the last round of talks that raised the debt ceiling:

We lowered our long-term rating on the U.S. because we believe that the prolonged controversy over raising the statutory debt ceiling and the related fiscal policy debate indicate that further near-term progress containing the growth in public spending, especially on entitlements, or on reaching an agreement on raising revenues is less likely than we previously assumed and will remain a contentious and fitful process.

— Standard & Poor's, United States of America Long-Term Rating Lowered To 'AA+' On Political Risks And Rising Debt Burden; Outlook Negative, www.standardandpoors.com/ratingsdirect

Yes, Standard and Poor's didn't lower the government's credit rating because the debt ceiling was raised, but because of how the debt ceiling was raised. Much of the quality of debt rating has to do with the confidence a lender has about whether or not the debt will be repaid. Our leaders have just shaken the confidence straight out of our S&P's rating.

This is not a "Republican Thing" or a "Democrat Thing." It's not a "President Thing" and it's not a "Congress Thing." This is a pox on both of their houses. They have completely screwed the pooch, they have killed the goose that laid the golden egg. Welcome to the wonders that were Rome, Greece, and Britannia. We have no one to blame except for the leaders that put us there.

Is there a way out? As a child of God, I believe in redemption, there's a way out. Do I think it has to do with any of the Bozo's inside the beltway? Maybe that one Independent from Vermont, but anyone else, no.

So what do I say about voting next time? Vote against! Vote against incumbents everywhere! Start fresh and maybe we can get two solid years of governance in before the corporations begin to buy themselves a new set of politician.

"Vote 'No' on Politicians! It Won't Get Worse."