[Ghost of Philip Marlowe]

Not really.

If the statist are unable to borrow, they will simply raise taxes. That’s hurts us.

If they are able to lend, it will be at a much higher interest rate, which they will pay by taking on additional debt and by raising taxes.

Either way, you and I are both screwed. No dinner. No caressing.

This has been the plan all along. It is part of destroying America’s prosperity and the last, frail vestiges of the free-market system that enabled that prosperity.

[Major Matt Mason]

Yes, Obama is not at all bothered by this downgrade, I'm sure. He is only halfway finished with destroying America, as he told his birthday party attendees the other night (he didn't say it exactly like that, of course).