“If you don’t like my answer, you can go vote for someone else,” he said. “If you want someone who will raise taxes, you can vote for Barack Obama.” – Romney gets in heated exchange with hecklers at Iowa State Fair The exchange came on the same day as what’s being billed as a big [...]
Tag Archives | S&P
Romney Raised Taxes to Get S&P to React (…and other disingenuous moves by Republicans meant to fake out the people)
As Republican presidential hopefuls descended on Iowa for their second major debate on Thursday in Ames, the return of Mr. Romney came at a turning point in his candidacy. His wait-and-see approach toward campaigning in Iowa has been complicated by the expected candidacy of Gov. Rick Perry of Texas, whose strategy includes waging a full [...]
Market Rout Continues – Dow Down Over 600 Points, Closes Below 11,000
The Dow Jones Industrial Average fell over 600 points Monday after a one-two punch: the first-ever Standard & Poor’s downgrade of U.S. debt, then the downgrading of govenment-backed mortgage debt. The Dow’s one-day drop of more than 600 points was its biggest point loss in a single day since December, 1 2008. The Nasdaq dropped [...]
ABC News: The Deserved Downgrade Cometh
**UPDATED** From Jake Tapper: A government official tells ABC News that the federal government is expecting and preparing for bond rating agency Standard & Poor’s to downgrade the rating of US debt from its current AAA value. Pres. Obama makes more history, just not the kind he’d hoped. Quite an accomplishment for sure and one [...]
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