Mitt Romney claiming that while he was Governor of Massachusetts S&P UPgraded the Bay State's rating to AA only served to remind us that those same S&P geniuses rated bundles of sub-prime mortgages, financed boats, credit card debt, and (for all we know) pay-day loans at AAA - two full grades above Massachusetts' debt.
Tim Pawlenty said "we should be talking about downgrading Barack Obama from President of the United States." Henny Youngman's legacy as "king of the one-liners" is in no danger from Pawlenty.
Jon Huntsman said "for far too long we have let reckless government spending go unchecked and the cancerous debt afflicting our nation has spread," which gets an AAA rating for allusion but CCC for vision.
Newt Gingrich used his Twitter account to write: "The Obama disaster continues. Highest food stamp level and lowest credit rating in history in the same 24 hours."
The Gingrich disaster continues: The former college professor who was once praised for having audiences feast on his lectures for 50 minutes at a time is now reduced to campaigning in 140 character crumbs. In this case, 112 character crumbs.
President Barack Obama leading, as usual, from behind, sent out his aides and appointees to take the first fusillade of public and political outrage (see BP Oil Spill, above) as he attempts to salvage his crumbling self-image as the coolest President what ever was.
Oh! I made a mistake (wouldn't it be nice to have someone with some power say that?) when I wrote that the Monica Lewinsky scandal was the best August story of all time.
On this very date in 1974 President Richard Nixon resigned in the aftermath of the Watergate break-in.
Watergate. Now, THAT was an August story.