Opps, Maybe

For the moment it looks like I swung at and missed a wild pitch by S&P in this blog entry: http://rjw-progressive.blogspot.com/2011/07/2011-republican-tax-increase.html

OTOH, compared to what seems to be happening on Wall street:

The markets get scared by S&P, and they react by investing in US treasuries, showing S&P was dead wrong....


Kind of a Wall Street Mobius strip