Moody’s: Boehner and Reid plans both completely fail to avoid downgrade

Gee, this is unexpected:

Moody’s, best known for “Subprime is AAA,” is belatedly coming to the realization that a country running serial deficits of 10% of GDP is not a AAA credit.

Well, admitting you have a problem is the first step. And today, Moody’s is admitting what we’ve been telling you for some time, that the debt ceiling charade is a farce and the real problem is the debt itself.

President Subprime McTrainingWheels could not be reached for comment.

And, gee, who could've predicted such a turn of events?

House Speaker John Boehner had two nuclear weapons at his disposal. And he chose to use neither. He had the debt ceiling and a threat of a downgrade by the rating agencies.

Cut, Cap & Balance addressed both issues.

If Republicans had united behind CCB, they could have forced a vote in the Senate -- by putting massive pressure on the 20 Democrats who had earlier pledged to support a Balanced Budget Amendment -- and send it to the President's desk.

Boehner could then tell the American people: there's only one plan that addresses the deficit and prevents a downgrade.

And let Obama deal with the fallout of a veto -- if he has the guts.

Instead, we submit a plan that still results in downgrade and default.

Idiocy. Sheer, unmitigated idiocy.

We need to elect a boatload more conservatives in 2012, politically eradicate the RINOs, and jam true conservatives into leadership positions.

Because all of these pantywaists -- put together -- don't have the cojones of Michele Bachmann.

They're wimps who are selling out the American people -- just a tad bit slower than the Marxist, Democrat Left. We're headed for fiscal apocalypse and these feckless RINOs won't even put up a fight.