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Mitt Romney blames President Obama for U.S. credit downgrade

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alp227 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-08-11 12:23 PM
Original message
Mitt Romney blames President Obama for U.S. credit downgrade
Source: The Washington Post

CONCORD, N.H. – Returning to the campaign trail here Monday, Republican presidential front-runner Mitt Romney sought to blame the U.S. government’s credit downgrade squarely on President Obama.

Romney said the downgrade by ratings agency Standard & Poor’s, which has sparked a sharp drop in global financial markets, “punctuated once again the failure of leadership by the president.”

“It seems that they would substitute Harry Truman’s ‘the buck stops here’ with the new motto of the White House, which is ‘the buck stops somewhere else,’ ” Romney told reporters in New Hampshire. “The truth is, the buck does stop at the president’s desk and he needs to exert the leadership necessary to restore America’s financial foundation, the credibility of our fiscal capacity and restore once again the balance sheet upon which our economy rests.”

Moments later, Romney addressed the downgrade at a roundtable with the Concord Chamber of Commerce. “It’s just blame, blame, blame. It’s a blame presidency,” Romney said.

Read more: http://www.washingtonpost.com/politics/romney-blames-obama-for-us-credit-downgrade/2011/08/08/gIQAx4aT2I_story.html
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Demeter Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-08-11 12:25 PM
Response to Original message
1. Of course he would
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ChairmanAgnostic Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-08-11 12:40 PM
Response to Reply #1
7. I am shocked that he did this
so soon, almost right after the fact. I would have expected him to wait for two months, poll the issue, give himself another secret million from a made up company, then release his position.
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snagglepuss Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-08-11 12:26 PM
Response to Original message
2. Who is at all surprised that the GOP is doing this? It was absolutely clear as
day that Obama would be left holding the ball.
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joeglow3 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-08-11 12:28 PM
Response to Original message
3. Welcome to the world of politics.
Nothing news worthy here.
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polichick Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-08-11 12:28 PM
Response to Original message
4. Nobody listens to Mitt The Empty Suit anyway - not even Republicans.
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maxsolomon Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-08-11 12:30 PM
Response to Original message
5. None of these clowns could do half as well
in Obama's situation.

Cite facts, not rhetoric. Jackasses.
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SpiralHawk Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-08-11 12:36 PM
Response to Original message
6. Liar

Bold faced chickenhawk republicon liar.

The American people know the Republicons have screwed the US pooch.
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sakabatou Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-08-11 12:43 PM
Response to Original message
8. What a shocker
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Gidney N Cloyd Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-08-11 12:45 PM
Response to Original message
9. Hey, Mitt-- Who's that on the cover of Newsweek?

A: Not You!




(You're so 2 months ago)
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Liberalynn Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-08-11 01:53 PM
Response to Reply #9
20. OT but man
Bachman's eyes look so Helter Skelterish in that Newsweek picture. :rofl:
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hedgehog Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-08-11 12:48 PM
Response to Original message
10. Hmmm, nothing to see here, move along.....
Edited on Mon Aug-08-11 01:03 PM by hedgehog
“Standard and Poor's is owned by McGraw-Hil­l. Harold McGraw III, the current CEO, worked for H.W. Bush, Dole, W. Bush, Cheney, Giuliani and is currently working for Romney 2012. So the person who wants to downgrade the nation's credit works for Mitt Romney.”

http://www.huffingtonpost.com/social/TFlint/downgrade-us-standard-and-poors_n_919867_101203329.html


and lookie here:

http://desertbeacon.wordpress.com/2011/08/07/just-because-its-the-town-drunk-sps-announcement/
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TheCowsCameHome Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-08-11 12:56 PM
Response to Original message
11. How're those big campaign donors of yours liking the bad headlines?
No so well, I'll bet.
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Bozita Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-08-11 01:00 PM
Response to Original message
12. If you were wondering where he's been lately, he was hiding in the ...
... Mittness Protection Program.
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SemperEadem Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-08-11 01:01 PM
Response to Original message
13. of course he does!!! What else is he going to say?
Edited on Mon Aug-08-11 01:02 PM by SemperEadem
that his own party caused this with their crazy spending ways during bush's admin and now their 'take out the president no matter what the cost' policy? That would be telling the truth and we all know thugs ain't about to tell a truth... and if they do, the quickly apologize for not spewing a lie.

Retread Romney is the equivalent of a badly programmed bot. He doesn't know what he thinks from one moment to the next without someone else telling him. Worse than reagan.
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CountAllVotes Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-08-11 01:02 PM
Response to Original message
14. how's the dog doing Mitt?
:puke:

N/T !!

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onehandle Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-08-11 01:08 PM
Response to Original message
15. Tea Party Downgrade. nt
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sinkingfeeling Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-08-11 01:17 PM
Response to Original message
16. Hey Mittens, guess you couldn't get to page 4 of S&P's report either, like all the 'news'
Edited on Mon Aug-08-11 01:19 PM by sinkingfeeling
pundits and stations.

“We have changed our assumption on this because the majority of Republicans in Congress continue to resist any measure that would raise revenues, a position we believe Congress reinforced by passing the act.”

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RussBLib Donating Member (292 posts) Send PM | Profile | Ignore Mon Aug-08-11 01:47 PM
Response to Original message
17. He's right
Obama can't or won't stand up to the Republicans. He can't or won't bitch slap them back to their place.

I don't think Obama could argue his way out of a wet paper bag.
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JAnthony Donating Member (745 posts) Send PM | Profile | Ignore Mon Aug-08-11 01:49 PM
Response to Original message
18. Mitt R was and is and always will be a giant
ass in funny underwear!
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Liberalynn Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-08-11 01:51 PM
Response to Original message
19. But Boner got 98 percent of what he wanted
Edited on Mon Aug-08-11 01:56 PM by Liberalynn
He said so right on the T.V. ;) Someone needs to keep throwing that line back at them.
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Dawson Leery Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-08-11 02:01 PM
Response to Original message
21. How many lives were ruined by this corporate hatchet man?
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Javaman Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-08-11 02:05 PM
Response to Original message
22. Oh mittens...
you are one of the main contributors to this mess. you made it your business to buy up companies, layoff all the staff and then desolve it.

oh mittens, you still smell like cat food.

fucker.
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JDPriestly Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-08-11 02:06 PM
Response to Original message
23. He doesn't mention the fact that Harold McGraw
who heads McGraw-Hill which owns the S&P is one of his supporters.

Do you think he hasn't noticed?

That's the Harold McGraw who invests in and carries water for India. Hmmm!

Romney, you should apologize.
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