The reactions were predictable
The Republicans blamed the Democrats.
The Democrats blamed the Repulicans.
Both sides attacked the messenger (along with Buffet), and claimed that they are clearly wrong and that there is no real problem. The S&P has it wrong.
This is uncharted territory. The U.S. has never lost it's AAA rating, and I personally think the S&P has it right.....especially when you watch the reaction in Washington.
We have a leadership void in this country. Give me a leader that can stand up and tell me that every single person in Washington has failed this country, but that they are going to get it fixed. I'm tired of the blame game. I'm tired of pointing fingers. I'm tired of heads buried in the sand. I want a commitment to get it fixed.