Say What? August 16, 2011 Edition [Reader Post]

Sen. John Kerry, D-mass.: “I believe this is, without question, the Tea Party downgrade. This is the Tea Party downgrade because a minority of people in the House of Representatives countered even the will of many Republicans in the United States Senate who were prepared to do a bigger deal.”

President Obama told a crowd at a battery plant in Holland, Michigan, that Republicans must “find a way to put country ahead of party.” Then he flew off to do 2 fundraisers.

Slime is always green [Reader Post]

Terry McAuliffe was a legendary Clinton fund raiser. Al Gore called him “the greatest fundraiser in the universe.”

McAuliffe also had the Midas Touch. In 1998 he invested $100,000 into something called Global Crossing and within 18 months had $18 million in his pocket. In less than four years Global Crossing went bankrupt, but McAuliffe knew to cash out well ahead of that. There’s more of this sordid affair here.