Yahoo Breakout: U.S. Downgrade Slams Stocks Worldwide

• The market sets rates, not S&P.
• The nation is absurdly debt-laden and shows absolutely no signs of stopping.
• The problem for financial markets is less the spending itself and more the fact that the spending isn't actually stimulative at all.
• What I'm saying is the downgrade was both deserved and anticipated
• It's a butt-kicking our country richly deserves.

Our country doesn't deserve it.  It is this failure of leadership that needs the butt kicking.  They won't listen to the public and they do only what is good for themselves.  They should be forced into retirement.