Go back and read, Let's Get the Credit Downgrade Story Right. Peter Herbert did a good job of presenting some interesting observations on where he thought credit should be assessed.

We have a good mix of regular writers and commentaries. Without question, most of us lean to the liberal or progressive side of politics. But, we have a few in the comment area that honestly challenge and offer constructive conservative opinions.

We had one commentary to Peter's and some of the others' comments, who thought it was absolutely the Democrats and Barack Obama that were responsible for the downgrade. The commenter sarcastically pointed out his amazement that we all could have missed what was so obvious to him.

In the wake of the Standard and Poors downgrade of U.S. credit, our parties and pundits are racing to spin the story for their own benefit. Predictably, top Republicans and Democrats are taking bits of S&P’s explanation for the downgrade that fit their theories and ignoring the rest. So far, both are ignoring what S&P’s ratings head, John Chambers, called the “first” and “main” reason for his decision: our recent political debt ceiling crisis. Particularly, he cited (a) “political brinkmanship” over whether America would pay its bills, (b) the fact that Congress could not decide that we would pay our bills “until the last day before they had cash management problems,” and (c) the fact that “there are very few countries that separate the budget process from the debt authorization process [as the U.S. does].”

This leaves no question who is at fault concerning the downgrade: the House Republicans – particularly John Boehner.