W. James Antle, III: Downgrading The Constitution

The downgrade that began the crisis.   Treasury Secretary Timothy Geithner dinged Standard & Poor's for "terrible judgment" in downgrading the federal government's credit rating. Less genteel liberals offered less flattering assesments. "[I]t's hard to think of anyone less qualified to pass judgment on America than the rating agencies," opined Paul Krugman. "The people  ... MORE