S&P move disrupts W.H. spin

Politico44 ^ | 04/18/11 | ABBY PHILLIP

[ColdOne]

In an effort to allay fears that S&P’s judgment — one the White House has called “political” — will weaken global confidence in the U.S. economy, press secretary Jay Carney flatly dismissed the pessimistic assessment of how realistic a bipartisan deficit reduction agreement really is.

When it comes to politics, Carney said, the White House knows better than S&P or the financial markets about what is possible in Washington.

“We simply believe that that process is better,” Carney told reporters on Monday. “We believe that the political process will outperform the S&P’s expectations.”

[Grunthor]

That slapping sound I heard this morning must have been Comrades O’s administration getting B!tch slapped by a little thing I like to call “reality.”

[r9etb]

“We simply believe that that process is better,” Carney told reporters on Monday. “We believe that the political process will outperform the S&P’s expectations.”

I think F. A. Hayek just rolled over in his grave..... laughing.

[Arm_Bears]

From an Administration that couldn’t run a lemonade stand for profit.

[Diogenesis]

[JPG]

That squeaking sound you hear when Jay Carney walks is the result of what's in his shoes besides feet.

[gov_bean_ counter]

When it comes to politics, Carney said, the White House knows better than S&P or the financial markets about what is possible in Washington.

I guess it hasn't dawned on this dipstick that this may be the very thing that has the markets scared poopless.

[Popman]

I swear I thought this was satire when I first read it.

I don't know to cry or laugh or maybe both

[American Constitutionalist]

“We simply believe that that process is better,” Carney told reporters on Monday. “We believe that the political process will outperform the S&P’s expectations.”

Interpretation : " we don't know what the heck we are doing and can't find enough lies to plug up the holes in the dyke that is bursting all over the place with holes, we are deeper than knee deep in trouble here, but, no worries America, the Obama administration still believes in Hope n Change " ....

[RetiredTexasVet]

How appropriate ... the fools name is “Carney”. Any possibilities here?

[Graneros]

All aboard! Ha ha ha ha ha ha haaaa!
Ay, Ay, Ay, Ay, Ay, Ay, Ay
We’re going off the rails on a crazy train.

[GeronL]

“We simply believe that that process is better,” Carney told reporters on Monday. “We believe that the political process will outperform the S&P’s expectations.”

Isn't that a line from "Atlas Shrugged"??

[sappy]

is this from the Onion or AZ Conservative?

[GeronL]

The political process is going to keep the economy going??

huh??

[Keflavik76]

The smartest guy in the room has spoken. But there is hogwash and then there is hogwash that exceeds all other hogwash.

[r9etb]

The political process is going to keep the economy going?? huh??

Well, in a sense he's correct .... the debts and deficits are primarily a political problem. If the political process can be wedded to a rational assessment of what needs to be done, then there is a chance that the economy can recover nicely.

Here in the real world, though, Carney's just setting the stage for Obama's claim to be the economic messiah. And he's not really making a serious economic statement, either: he's aiming for a short-term poll bounce.

[Don@VB]

In other words (Carney), “ Hey, what does S&P know about credit matters anyway?”

[GeronL]

Following the Atlas Shrugged script, I wonder how long before they announce we need an “economic dictator”?? or czar?? lol

[txhurl]

You know, election ad buys, Union signprinting, ACORN roundups with cookies and soda, etc....

[r9etb]

Following the Atlas Shrugged script, I wonder how long before they announce we need an “economic dictator”?? or czar?? lol

Following the Atlas Shrugged script, I think we have to wait until everybody starts having sex with people we either hate, or aren't married to, or both.

(Fair disclosure, I don't have much good to say about Rand. For all that her book served a useful but limited purpose, she and the philosophy she espoused were fraudulent.)