S&P VS GOP: Nothing makes sense anymore.

It would appear as though we're in a positive feedback loop.

(CNN) -- Standard & Poor's lowered its outlook for the nation's long-term debt Monday, saying the political grousing over the deficit could put more pressure on the still shaky economic recovery.

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 (FOX News)South Carolina Republican Sen. Jim DeMint warns he will filibuster vote on debt ceiling unless lawmakers add a balanced-budget amendment to the Constitution, adding a new twist in deficit battle.

 Grab your asses.

~Nic

**EDIT In another twist, checking the  10 Year T-note (^TNX), the interest rate was DOWN today about 1.15% when I checked.  WTF?!?!?

**EDIT EDIT It appears that Krugman beat me to this by hours: http://krugman.blogs.nytimes.com/2011/04/18/sp-can-call-bond-vigilantes-from-the-vasty-deep/