Monday, August 08, 2011

S&P didn’t downgrade us, we downgraded us.

Patrick Archbold on the US credit rating downgrade:

America is not exceptional.  Sure, we may have been founded centuries ago upon some ideals that were exceptional at the time, or even today.  But we were not up to the task of preserving it.  True liberty requires morality and we have long been bereft of both.  There was nothing exceptional about Americans, at least not enough to preserve us from the excess of excess.  We want it all and we want someone else to pay for it.  Like it or not, this has been the American dream for the last seventy years and many people have lived it.  But the dream is over and its wakey wakey time.
The S&P didn’t downgrade us, we downgraded us.  The tea party didn’t do it and even Nancy Pelosi didn’t do it.  We did it.  We downgraded ourselves a long time ago, it is just that others are beginning to notice and we find this coming out, unpleasant.



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