MMFA: Fox Business host Eric Bolling took to Fox News’ Fox & Friends to discuss the “scary” potential economic consequences of Standard & Poor’s (S&P) “downgrade” of the U.S. credit rating. Yet during negotiations over avoiding a default crisis, Bolling repeatedly cheered for the U.S. to default, which experts agreed not only would have led to a downgrade, but also would have had disastrous economic consequences. [ READ ] [ FOX NEWS GETS ITS DOWNGRADE ]

Fox Predictably Rushes To Defend Tea Party From Criticism Following S&P “Downgrade”: Following Standard & Poor’s (S&P) decision to “downgrade” the U.S. credit rating, Fox News scrambled to defend the tea party’s influence on the default crisis debate. Fox’s defense is consistent with its long history of promoting the tea party. [ READ MORE ]
| A few weeks ago Obama and Boehner were talking about a $4 trillion “grand bargain” that would have satisfied S&P. But the Tea Party members scuttled that plan, and they remain indifferent to the downgrade — except to the degree that they can use it to attack Democrats.
If there was a compromise at that time, there would have been no downgrade. Instead the GOP intends to keep refusing any tax increase, even if doing so sends the raft over the falls. This stubborn unreasonableness — with a hope that the economy tanks hence weakening Obama in 2012, is what caused the downgrade. The tea-baggers are bent on “burn” Obama out of THEIR White House. The DARKIE must be kicked of the “White-Man’s House!” The nigger is polluting the house!! “We want our country back” is not just an anti-Obama call to action. It is a call to revive an idea that America should belong only to white people and that they alone should have a voice in how it is run, writes Margaret Kimberly. [ READ MORE ] ‘Crayon’ Level Thinking: Hate-Talker Rush Limbaugh Re-invents Keynesian Economics(P1/3) Osama Bin O’Reilly: “Only Far Left Zealots Are Going To Buy That The Tea Party Is The Cause Of The Present Economic Chaos” O’Reilly Labels Those Blaming The Tea Party For Downgrade As “No-Think-Ums“ Bolling Shouts Down Beckel’s Accurate Point That The Debt Was Accumulating Before Obama Came To Office |
Fox’s Perino And Bolling Rehab The Economy Inherited From Bush: On Fox, Dana Perino and Eric Bolling cherry-picked facts to prop up former President Bush’s economic record and complain that the “blaming Bush stuff” is “annoying.” In fact, recent data show that the economy inherited from Bush shrank by 8.9 percent in the final months of 2008 — the largest such decline in more than 50 years. [ READ MORE ]
Luntz Bashes Obama, Hypes Potential Ryan, Christie Presidential Candidacies
“Bony-Ass” Ann Coulter: Democrats “Don’t Care If This Country Becomes Zimbabwe, As Long As They Keep Getting Elected”
Steyn: Cost Of Wars Are “Irrelevant Compared To” Stimulus
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