S&P Executives Have Donated Almost Exclusively To Democrats During Recent Election Cycles…
One excuse out the window.
(OTM) — Senior executives for the company that downgraded the nation’s credit rating on Friday night have made political donations to Democrats over the last several years.
Deven Sharma, the president of Standard & Poor’s, contributed to Sen. Kirsten Gillibrand’s (D-N.Y.) campaign in 2009 and 2010. He also gave $2,000 to Rep. Jim Himes (D-Conn.) during the 2010 election cycle and Sen. Mary Landrieu (D-La.) and then-Sen. Christopher Dodd (D-Conn.) in the 2008 cycle.
Sharma contributed to one Republican last year, giving $1,000 to Sen. Rob Portman (R-Ohio).
Pat Milano, another senior executive at S&P, contributed to Gillibrand, Landrieu and Dodd over the last couple of cycles, according to data culled from opensecrets.org.
John Weisenseel, senior vice president of finance at the firm, gave $500 to Himes in 2009. Adam Schuman, executive managing director and associate general counsel, contributed to Gillibrand in 2010.
Catherine Mathis, senior vice president of marketing and communications, gave $1,000 to Gillibrand and $500 to Portman last year.
Meanwhile, Executive Managing Director Alex Matturi in 2010 contributed $750 to Gilliband.
Posted by ZIP on Friday, August 5, 2011, at 11:18 pm | 
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How anyone still manages to call the Republican’s the party of the rich is beyond me.
I don’t understand how S&P’s donations affect their decision to downgrade. Unless donating to dems is moronic and thus their decision to downgrade is moronic.
Who knows…about 60% of Americans can’t point out the Pacific Ocean, so stupidity is widespread.
Who wants to wagged all these crooks shorted the US market along with Soros?
http://blogs.wsj.com/marketbeat/2011/08/05/sp-downgrades-u-s-debt-rating-press-release/
“We have changed our assumption on this because the majority of Republicans in Congress continue to resist any measure that would raise revenues, a position we believe Congress reinforced by passing the act.”
If S&P is working for Obama, maybe they are strong-arming GOP into raising taxes?
The deamcRAT party of undeserible rodents even other rats cant stand them
I’ve noticed the trolls are staying away from the thread. Guess the truth here WRT the story runs counter to tonight’s talking points.
Credit rating agencies must think of their reputation before anything else. It is their reputation for clear, intelligent and unvarnished reporting that is the ONLY thing they have to sell.
“…Senior executives for the company that downgraded the nation’s credit rating on Friday night have made political donations to Democrats over the last several years….”
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The fish rots from the head down…
Downgrade is certainly justified. I just believe that this agency is sooo entrenched with the Commucrats that this was planned to allow Chairman O to start pounding the drum of Tax Increases as the only way to get our credit rating back.
We will see how lame the Republicans are in using this downgrade against the great one! My guess is it will be the usual whimper!
Gah! The corruption runs so deeply in our political and economic system.
How can we get out of this web in which we’re trapped?
Don’t anyone breath…… this house of cards is about to fall.
We are officially a Banana Republic.
Note the subdued news coverage of the “wilding” at the WI State Fair. 100′s of black youths beating every white person in sight. That could never happen in a concealed carry state, yet!
According to S&P themselves, the downgrade came specifically BECAUSE politicians were gaming our system.
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“The political brinksmanship of recent months highlights what we see as America’s governance and policy making becoming less stable, less effective, and less predictable than what we previously believed.” – Standards & Poor (http://www.cbsnews.com/8301-503544_162-20088959-503544.html)
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So is this anything to be proud of?
“This guy is a little bit smarter than some of the guys who are trying to hammer him…..They ought to give it up.” – Alan Simpson (http://www.politico.com/news/stories/0811/60747.html)
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Even S&P realized they country is unsustainable.
The imminent announcement of trillions of QE3 money creation will crater the dollar once and for all, and by the end of the year we will be heading into Weimar Republic territory.
Hope you have your wheelbarrow. You’ll need it.
Of course, you’ll need working firearms and ammo even more. Expect Obama to try to do something about Americans owning the method to resist him very soon, under the aegis of “National economic crisis”.
@ Xerocky
How anyone still manages to call the Republican’s the party of the rich is beyond me.
It may have a kernel of truth but what doesn’t get said often enough is that the Democrats are the party of the Wealthy Elite…
Part of Barry’s Plan. Keep the interest rates high and the debt coming.
It’s dawning on me that this economic kabuki dance has ALL
been orchestrated to bring America and capitalism down FOR GOOD. The Tea Party is all that’s left to keep us from degenerating
at an accelerated pace. Soon, THEY will be overwhelmed by the
forces that are entrenched in Congress and the White House.
We’ll know this to be true if Obama gets another 4 years in 2012.