SFGate: The Standard & Poors’ rating agency decision to reduce the United States’ long term debt from AAA to AA+ was explained in a press release that specifically mentioned “the majority of Republicans in Congress continue to resist any measure that would raise revenues,” should, itself, make headlines like “Standard And Poors Blames U.S. Credit Rating Reduction On Republicans.”
But the fact is, some publications, most notable The Associated Press and Politico, are working (thus far) to cover up S&P’s finger-pointing at Republicans. Instead, they appear to be pointing their own fingers at President Obama – someone not mentioned in the Standard and Poor’s press release.
Take Jonathan Allen in Politico: Standard & Poor’s delivered an unambiguous message to investors Friday that has serious implications not only for the nation’s economy but also for President Barack Obama, the tea party and anyone else with skin in the 2012 elections: America’s political system is subprime.
That was how Allen started off his article. In it, there was zero mention of the two very damaging statements S&P used in its press release, and directly aimed at Republicans….
… Allen’s Politico article had a lot of Republican quotes, not many Democratic quotes, and in all failed to tell the truth of Standard & Poor’s message.
And then there’s the Associated Press’ article by Martin Crutsinger. It fails to include, or mention Standard & Poors’ GOP-directed press release quotes….
…. It’s purely irresponsible for The Associated Press and Politico to fail to accurately report the contents of the Standard and Poors press release. If The Associated Press and Politico want to damage President Obama, they should just come out and say so. Heck, Senate Majority Leader Mitch McConnell said that his objective was to make President Obama “A one-term President”….
Full post here