credit rating

Stephen Colbert: America's Credit Downgrade

While telling every one else not to panic in reaction to drops in the stock market after the S&P downgrade, Stephen Colbert packed his "hobo satchel" full of gold, weapons and a chicken as he prepared to make his escape from the United States.

The Economic Train Wreck And How To Fix It

Most of the time, in political history and in economics, things travel along a fairly predictable and relatively stable pathway. Debate is contained within a fairly narrow set of conventional and familiar choices. When it comes to economic policy,

John Kerry: This Is The Tea Party Downgrade

John Kerry left little doubt where Democrats plan on laying the blame for Standard and Poor's deciding to downgrade our credit rating -- squarely on the laps of those "tea party" Republicans in the House who were actually saying default would be