Zings Of The Day (GS, TXN)

S&P lowered its outlook on U.S. debt, saying the gridlock in Washington may cause the ratings agency to lower its rating on US debt if nothing is done about the deficit. Seeing as S&P was so right about the ratings in 2008 on any number of products, makes sense they are right now. End sarcasm. Goldman Sachs GS repaid Warren Buffett the $5.5 billion it owed him, stemming from the 2008 financial crisis. If he doesn't want it, I'll be glad to take it off his hands. Texas Instruments TXN blamed the March 11 earthquake and tsunami in Japan for its earnings miss, and cutting second-quarter growth. At least someone isn't lying about their productivity in Japan.