America is downgraded

I'm briefly breaking my vow to make "The Portal" a debt-ceiling-free-zone. But this news is rather important. Standard & Poors announced that it downgraded the U.S. debt from AAA to AA+ tonight, per the WaPost. This could "lead to widespread uncertainty." Or markets (more or less) won't care. Here's Ezra Klein's bottom line: "The US has never been in this situation before, so it is hard to see who is correct. When, in April, S&P declared the long-term outlook on US debt to be negative, it was the first time it had done so since Pearl Harbor. Moody’s has rated US debt as AAA since the firm started conducting ratings in 1917. There is simply no modern precedent for a US downgrade." Be sure to write a "thank you" note to your GOP Congress member for putting the nation between a rock and a hard place. (Post-It Note to self: If name on your 2012 ballot even sounds Republican, don't take chance. Just vote NO.)