Amid all this, SP is about as informative as the public address announcer on the Titanic. As Euro Pacific Capital CEO Peter Schiff asked on his radio show Monday, “Has SP really added anything to the debate that wasn’t already widely known?”

The answer is no. But the “debate,” if you can call it that, is sliding into demagoguery fast, courtesy of the bully pulpit and the New York Times’ factually-challenged intellectual bully, Paul Krugman.

With fiscal disaster looming, the left’s lies cannot be allowed to win again. There’s just too much at stake. We need Ryan-style reform, and soon.

via Editorial: Even S&P Gets It: We’re Broke – Investors.com.

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