Ever since S & P downgraded America’s Credit Rating last Friday Evening, Democrat Politicians have been whining like little children caught by the principal cheating on exams, trying to blame it on the smart kid. Their whining echoed throughout our land as they proclaimed:

It’s the Tea Party’s fault!!!

That’s what King George said.

The Democrats shouted their lies from the mountaintop all weekend long, culminating on the Sunday talk shows, all moderated by hosts sympathetic to the Dems.

Democrats argued that the tea party made House Speaker John Boehner (R-OH) shy away from a “grand bargain” that would have produced deeper cuts and significant entitlement reform.  Republicans, in turn, feebly attacked Democrats for not supporting more spending cuts, failing to support a balanced budget amendment and being gung ho on tax increases to try to make a dent the debt.

Per foxnews.com:

“I believe this is without question the Tea Party downgrade,” said Sen. John Kerry, D-Mass. “This is the Tea Party downgrade because a minority of people in the House of Representatives countered even the will of many Republicans in the United States Senate who were prepared to do a bigger deal.”

“I agree that there is dysfunction in our system, and a lot of it has to do with the failure of the president of the United States to lead,” responded Sen. John McCain, R-Ariz. “The fact is that the president never came forward with a plan. I was gratified to hear that he had plans, but it was never a specific plan, it was always the so-called leading from behind.”

…Kerry argued that if some Republicans are willing to default in order to reduce the size of government, then they are responsible for the downgrade.

“There were some people in the Republican Party — and (Senate Republican leader) Mitch McConnell even admitted this — who wanted to default. He said there were people in this party who are willing to shoot the hostage. In the end they found the hostage was worth ransoming. This is not about ransom, this is about our nation,” Kerry said.

But McCain, who followed Kerry on NBC’s “Meet the Press,” said comments like Kerry’s aren’t going to increase solidarity.

“Talking about hostages? Lately the Democrats have been calling us terrorists. So, we need to lower that level of rhetoric obviously,” he said.

Which is funny, because McCain and the rest of the GOP Elite weres attempting to distance themselves from the Tea Party, and Conservatives in general during the negotiations, calling us “Hobbits”.  But, I digress…

Also, per foxnews.com:

Late Sunday, Europe’s central bank said it would “actively implement” its bond-buying program to calm investor concerns that Italy and Spain won’t be able to pay their debts. Last week, worries over the two countries’ ability to keep tapping bond markets contributed to the turmoil in global markets, which saw around $1.5 trillion wiped off share prices.

Seeking to avert panic spreading across financial markets, the finance ministers and central bankers of the Group of 20 industrial and developing world also issued a joint statement Monday saying they were committed to taking all necessary measures to support financial stability and growth.

“We will remain in close contact throughout the coming weeks and cooperate as appropriate, ready to take action to ensure financial stability and liquidity in financial markets,” they said.

…Earlier in Asia, the repercussions of S&P’s downgrade weighed on stock markets.

Among the major markets, Japan’s Nikkei 225 stock average closed down 2.2 percent 9,097.56, while Hong Kong’s Hang Seng fell the same rate to 20,490.50. South Korea’s Kospi ended 3.8 percent lower as did China’s main exchange in Shanghai.

In the currency markets, the euro was flat at $1.4308 while the dollar was down 0.8 percent at 77.69 yen.

Fears over the global economy are having a major impact on oil markets, with the main New York rate down another $2.87 to $84.01 a barrel.

Obama, his administration, and Congress can not say that they were not warned. Representatives from S&P briefed Republicans in mid-July about the consequences of a default, and warned them that an increase in the debt ceiling may still not be enough.

So, boys and girls, look for Republican Congressmen conservatives to request more cuts before October 1.

Plans are in the making for the House and Senate to approve a stopgap bill (known as a Continuing Resolution or “CR” in Congressional terms) whose purpose will be to avoid a government shutdown at the end of September. The thing is, with angry Conservative constituents pushing them, incensed over the package approved last week and now witnessing a credit downgrade, the GOP could be forced to reluctantly support more extreme cuts immediately.

As one Tea Party Freshman said:

We’re just getting started.

Of course, as long as the Dems control the Senate, Republicans will continue to run into a brick wall of whiny opposition.

As a Senior GOP aide snottily observed:

Tea partiers can think whatever they want. But no deal with the Senate will get down at a lower number than what was agreed to already.

And where was the President of the United States yesterday, as America was in turmoil over the S & P downgrade and all of his Congressional minions were desperately trying to cover for him?

He was somewhere between the 15th and 16th green…FORE!