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Written by a member's brother. Good piece! Darla

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Standard and Poor’s vindicates Tea Party with downgrade of U.S. Debt.

While the Tea Party gets slated as a bunch of extremists, the truth is they're a legitimate mass movement. And they've just been proved right.

John Vax

Written by John Vax on 6 August 2011 at 11am

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Save capitalism. The message is simple.  
Save capitalism. The message is simple.

First off, I should start with a caveat. I have no love for the ratings agencies.

They have had a pretty miserable track record at performing their primary function, which is to assist investors in assessing the risks of bonds issued by governments and corporations by assigning a rating. 

They are often way behind the curve when it comes to spotting issuers who are getting into trouble or they get it completely wrong from the start, like they did with ratings on portfolios of mortgages and sophisticated financial instruments known as collateralised debt obligations (CDOs).

That being said, late Friday evening, one of the major credit ratings agencies, Standard and Poor’s, downgraded the debt of the United States from its “triple A” rating to “double A plus” while maintaining a negative outlook.

This downgrade, the first downgrade of US debt below AAA since the foundation of the agencies, increases the chorus of critics of Washington’s borrowing and spending practices.


Don't Miss the Rest of this good Here:

Tags: and, congress, credit, donwgrade, poors, stand, teaparty

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Ditto for all stated
Personally I thought the name Progressive was a dead give away!
My friend, The term Progressive, is an acronym for Communism.
I have followed in your footsteps exactly.I also contacted them to let them know...
Don't forget HBO provides Bill Maher's ridiculous show. In a call to cancel my HBO subscription, I let my cable company know in no uncertain terms I was cancelling HBO because of Maher. Ironically, Maher's show has received a number of awards - of course, from the liberal award shows and that is probably why they continue to sponsor him. If more people cancel they will get the message, too. 
I read somewhere that George Soros owns or partly owns liberal Progressive Insurance.  I agree with your post. where I live the newspaper circulation has gotten so bad that now they set up a table in the grocery store when you walk in they try to sell you a subscription. Ahhh but being the smartass that I am I tagged one of them one day. He asked me..."Sir would you like to start a subscription to the paper "? I said..." No thank you I don't have a cat or a parakeet." He said.."Why would you say that "? I said..."Well the only thing your paper is good for is lining the bird cage or the litter box "!  I'll never forget that look on his face.....hahahaha I can still see it !
Yes!  It is through the support of the advertisers that we keep the filth spewing!  I'll try to do my part, but it has to be across the board....everyone, not just one.
Thank you.  I always make mental notes to avoid the products and services marketed by those sponsoring the vitriol and propaganda on the left leaning cable networks.  And I would never buy a copy of the NY Times or even take the free ones often provided by some hotels. We didn't lose our country to these strangers in a day and we won't take it back in a day either, but every dollar directed away from those who support Obama and the left is a statement and millions people simultaneously making the same statement is a popular movement that will have significant economic impact. While you're at it, look at every label of every product you purchase and try buying something other than Chinese.  It's tough, but it can usually be done.
John, my 13 year old granddaughter makes it her "duty" to check where things are made before we buy it. However, it seems that most of the time we can't help it; but we try.

I got an e-mail some time ago, that if you look up the Bar Codes, if it Starts with 06. it is made in America. But this Lets me Buy for MADE IN AMERICA!


GS1 Prefixes do not provide identification of country of origin for a given product. They simply provide number capacity to different countries for assignment from that location to companies who apply. Those companies in turn may manufacture products anywhere in the world.

The management of the GS1 System is carried out locally by GS1 Member Organisations established in over 100 countries. GS1 Member Organisations use their assigned prefix to allocate GS1 Company Prefixes to their member companies to enable them to create GS1 Identification Keys.



000 - 019 GS1 US
020 - 029 Restricted distribution (MO defined)
030 - 039 GS1 US
040 - 049 Restricted distribution (MO defined)
050 - 059 Coupons
060 - 139 GS1 US
200 - 299 Restricted distribution (MO defined)
300 - 379 GS1 France
380 GS1 Bulgaria
383 GS1 Slovenija
385 GS1 Croatia
387 GS1 BIH (Bosnia-Herzegovina)
389 GS1 Montenegro
400 - 440 GS1 Germany
450 - 459 & 490 - 499 GS1 Japan
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470 GS1 Kyrgyzstan
471 GS1 Taiwan
474 GS1 Estonia
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476 GS1 Azerbaijan
477 GS1 Lithuania
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479 GS1 Sri Lanka
480 GS1 Philippines
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482 GS1 Ukraine
484 GS1 Moldova
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489 GS1 Hong Kong
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520 - 521 GS1 Association Greece
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535 GS1 Malta
539 GS1 Ireland
540 - 549 GS1 Belgium & Luxembourg
560 GS1 Portugal
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Note: From the 960 prefix range, 9600 to 9604 have been assigned to GS1 UK for GTIN-8 allocations. Prefixes not listed above are used by GS1 Global Office for number allocations in non-member countries and reserved for future use.
The pain I am feeling is about 30" below my head.


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