S&P disagrees with McConnels politics

[ugonow]

www.washingtonpost.com/blogs/plum-line/post/standard-and-poors-versus-mitch-mcconnell/2011/03/03/gIQApEEeyI_blog.html <<<.... " In other words, S&P explicitly cites the use of the threat of default as leverage for policy ends as a sign that American governance is becoming dangerously unstable and unpredictable. But folks, Mitch McConnell has repeatedly said that use of default this way is a good thing. McConnell said this:

“I think some of our members may have thought the default issue was a hostage you might take a chance at shooting. Most of us didn’t think that. What we did learn is this -- it’s a hostage that’s worth ransoming. And it focuses the Congress on something that must be done.”
McConnell also said this is something that should happen again in the future:

“What we have done, Larry, also is set a new template. In the future, any president, this one or another one, when they request us to raise the debt ceiling it will not be clean anymore. This is just the first step. This, we anticipate, will take us into 2013. Whoever the new president is, is probably going to be asking us to raise the debt ceiling again. Then we will go through the process again and see what we can continue to achieve in connection with these debt ceiling requests of presidents to get our financial house in order.”