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July 26, 2011
You usually can count on Fox News to give a somewhat unbalanced and unfair presentation of the news of the day. But, the straightest shooter among their network hosts is Greta van Susteren. Last night, she made a very salient point when discussing the debt ceiling crisis and the danger that Standard and Poor's would downgrade the nation's AAA rating. The video is, as far as I can tell, not on her website, but essentially she asked, "Why should anyone pay any attention to Standard and Poor's? Aren't they the clowns who caused the economic recession in the first place by telling investors that the derivatives and junk bonds were good investments?" Spot on.
