I’m not sure I take the S&P downgrade that seriously, but I suspect it does rattle some of our Galtian overlords. Commenter PurpleGirl wrote something at First Draft a few days ago that stuck with me and seems appropriate now:
In the show Caberet there is a scene wherein Isherwood is out for a Sunday afternoon with an industrialist friend and at the country beer garden they hear a cute blond-haired, blue-eyed boy in a brown uniform sing “Tomorrow Belongs to Me.” Most of the crowd of people at the beer garden join in singing.
Later, as they get into the industrialist’s car to leave, Isherwood says, “Still think you can control them?”
The German elites found they couldn’t control the Nazis and they were trapped with Hitler. Wall Street/the Koch Brothers et al. can’t control their puppets either. The damages will be different but there will be damage.
I know that even the liberal S&P blamed both parties and that this is good news for Rick Perry blah blah blah…the Galtians know the teahadists did this.