The greatest case of shooting the messenger in recent history

There are a few, including Joe Kernen (CNBC host) who are upset because the S&P gave an opinion and lowered the credit rating of the U.S.A... Joe’s reaction to the report is a personal boycott of speaking S&P’s name; he has vowed not to speak the name of the company who gave an opinion, as if it were Lord Voldemort. What a child, anyway, Joe is a solid example of how our society and our self-titled leaders live in an imaginary world free of consequences, you buy a house with a payment equal to your take home pay but it is not your fault you can’t make the payment every month, then you and your congress person blame the mortgage broker, the broker blames the bank, the bank blames the investment bank, the investment bank blames Fannie and Freddie, they blame the congress who created Fannie and Freddie and the cycle is complete. This lack of responsibility is personified by the belief of congress and the president that decades of spending in excess of this countries tax receipt should have no impact, on anything, “don’t worry my grandkids will pick up the slack” (Both parties buying votes IMO but that is a different rant). Total debt has increase with every congress and president since Truman. I am talking about total debt not the nebulous number the spinsters in congress talk about like the rate of increase of Debt to GDP. Government love to talk about the “rate of increase” because the rate of increase can go down if GDP grows at a faster rate than congress issues new debt. Plus this is how Congress makes cuts to the budget they cut the rate of growth of spending and that somehow is called a cut. .. Enough venting I have to get to work

Fight the good fight.