A bit of perspective on S&P's decision to downgrade US credit rating ABC New

Via Maggie, who has a short clip of Cokie Roberts comments of explaining that our darned Constitution got in the way. There is a longer clip embedded below. George Will makes the point that this was, in part a political decision, and that S&P has serious credibility issues itself! Melody Hobson, ABC’s financial contributor agrees with Will on that point

A bit of perspective on S&P’s decision to dow…, posted with vodpod