CNN has posted the current story about Standard & Poors downgrading its estimate of the US economic outlook: US Credit Rating Outlook Lowered by S&P”. This is big stuff: the Dow dropped plummeted on the news.
In the process, and for whatever reason, CNN has drastically distorted the degree of the problem, and put a baseless pro-administration spin on this story. Continue reading ‘Pretty Shoddy, CNN’
