Tag Archives: Moodys

Weinergate: The Moment Democrats Lost Control of the Debt Ceiling Narrative

Then Weinergate happened–and Weiner, unwisely, kept it going. And on June 2, in the midst of the scandal, Moody’s became the second credit ratings agency to warn of a possible downgrade of U.S. debt. In April, the White House had dismissed Standard & Poor’s warning of a possible U.S. downgrade. By June 2, that was no longer possible. Continue reading

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One nation, under Moody’s; Updated: Reid trumpets CBO score, Schumer goes bonkers over GOP pep talk

Since when did politicians pledge allegiance to S&P’s and Moody’s? And since when is it Washington’s job to avert overdue credit downgrades based on decades of profligate policies?

Holman Jenkins at the WSJ beat me to the punch — and draws an important distinction between a government shutdown and a default. Continue reading

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