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Obama briefed on S&P downgrade before leaving W.House
reuters.com ^ | August 6, 2011 | Reuters

Posted on 08/05/2011 11:59:20 PM PDT by Berlin_Freeper

Obama left the White House for the Camp David presidential retreat outside Washington in late afternoon just hours before S&P's announcement. "He was briefed before he left for Camp David and has been receiving updates through the night," the official said.

(Excerpt) Read more at in.reuters.com ...


TOPICS: News/Current Events
KEYWORDS: aaa; aaplus; campdavid; creditrating; cutcapbalance; debt; debtceiling; downgrade; election2012; failure; geithner; obama; obamanomics; rating; socialism; standardpoors; triplea; usa2aa

Sec. of Treasury Tim Geithner, left, partially blocked by his Secret Service agent, walks down the West Wing Colonnade of the White House towards the Oval Office to meet with President Barack Obama, Friday, Aug. 5, 2011 in Washington. Obama met with Geithner prior to his departure for the presidential retreat at Camp David, Md. Credit rating agency Standard & Poor's on Friday, Aug. 5, 2011 lowered the nation's AAA rating for the first time since granting it in 1917.


U.S. President Barack Obama departs the Oval Office of the White House in Washington for the Presidential retreat at Camp David in Maryland, August 5, 2011.

1 posted on 08/05/2011 11:59:30 PM PDT by Berlin_Freeper
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To: Berlin_Freeper
"Obama met with Geithner prior to his departure for the presidential retreat at Camp David, Md."
2 posted on 08/06/2011 12:00:23 AM PDT by Berlin_Freeper
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To: Berlin_Freeper

presidential retreat = GOLF


3 posted on 08/06/2011 12:02:20 AM PDT by bushwon ("If you think healthcare is expensive now, wait till it is free"--PJ O'rourke)
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To: Berlin_Freeper

Taking a little Presidential retreat? FUBO


4 posted on 08/06/2011 12:02:45 AM PDT by Casie
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To: Berlin_Freeper

“but but but I ordered them not to, i told them to reconsider, I am their God”

You can bet that was the response from Bambi when Geithner told him, hope Geither had protective armor when Bambi threw his pacifier out of his walker.


5 posted on 08/06/2011 12:32:09 AM PDT by sunmars
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To: Berlin_Freeper

So...where did that story go that our bond ratings agencies were pressured by the Kenyan Pirate to hide this sh!t for several months already?


6 posted on 08/06/2011 12:55:16 AM PDT by kearnyirish2
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To: Berlin_Freeper

After a difficult week of birthday celebrations, Obama needs a rest.


7 posted on 08/06/2011 12:55:37 AM PDT by Nepeta
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To: Berlin_Freeper
It's all about Barry. He got the bill he wanted. A free pass thru November 2012. The country be damned.

OBAMA's CARTER PHASE2

Happy Ramadan You Eff'n Commie

8 posted on 08/06/2011 12:57:09 AM PDT by BobP (The piss-stream media - Never to be watched again in my house)
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To: Berlin_Freeper

Looks like the U.S. government will have to apply for food stamps pretty soon. The buffoons in D.C. have maxed out all of our credit cards.


9 posted on 08/06/2011 1:49:29 AM PDT by FlingWingFlyer (Americans need to wean their government off of its dependence on foreign money.)
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To: Berlin_Freeper

10 posted on 08/06/2011 1:51:36 AM PDT by JoeProBono (A closed mouth gathers no feet)
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To: Berlin_Freeper

I hope someone told him that “spreading around” the wealth that you don’t have was a dumbass idea. But hey! It got him the freeloader vote in ‘08.


11 posted on 08/06/2011 2:02:40 AM PDT by FlingWingFlyer (Americans need to wean their government off of its dependence on foreign money.)
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To: Berlin_Freeper

12 posted on 08/06/2011 2:12:17 AM PDT by Lancey Howard
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To: Berlin_Freeper
THANKS
THANKS A LOT ZERO.
FUBO
13 posted on 08/06/2011 3:23:27 AM PDT by DeaconRed (RL Burnside sings : "It's Bad You know" & "Everything Is Broken". . . . So true Today! ! ! !)
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To: Berlin_Freeper
I'm sure he left with a spring in his step since his goal is to wreck the US.
14 posted on 08/06/2011 3:35:17 AM PDT by armymarinemom (My sons freed Iraqi and Afghan Honor Roll students.)
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To: Berlin_Freeper
Now watch members of both parties turn on each other like rats on a sinking ship. They have no one left who will swallow their lies about the state of the republic, not to mention their attempt to blame the T Party. Ha ha ha!

S&P is the only orgnaization telling the truth. If you were a banker would you give the US government a loan based on their spending habits and debt to income ratio? Forget about future earnings, the dems and repubs have flushed the country's and all American's future down the toilet. Ha ha ha!

Secure your holdings my fellow Americans, invest in farmland, guns and ammo. We're in for interesting times.

15 posted on 08/06/2011 3:48:40 AM PDT by semaj (Anybody who claims that violence never solved anything is a liar..., just ask the government.)
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To: Berlin_Freeper

“He was briefed before he left for Camp David”

The only thing this obozo can do is get briefed. Maybe we should all send him a pair of dirty underwear, Then he can consider himself truly BRIEFED.


16 posted on 08/06/2011 4:03:24 AM PDT by PoloSec ( Believe how that Christ died for our sins, was buried and rose again for our justification)
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Comment #17 Removed by Moderator

To: Berlin_Freeper

No wonder Turbo-Rat Tim wants to leap off the sinking ship
He knew this was coming

Own it, Barky!


18 posted on 08/06/2011 5:32:36 AM PDT by silverleaf (All that is necessary for evil to succeed, is that good men do nothing)
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To: Berlin_Freeper
"He was briefed before he left for Camp David and has been receiving updates through the night," the official said.

8:00 PM - President told of S&P downgrade.

10:00 PM - President once again told of S&P downgrade.

11:30 PM - President told a third time of the S&P downgrade.

1:00 AM - Sticky tab left on refrigerator door on the S&P downgrade.

3:30 AM - Note left next to Obama's cigarette pack on the S&P downgrade.

6:00 AM - Message given to Obama's golf caddy on the S&P downgrade.

19 posted on 08/06/2011 5:38:49 AM PDT by HarleyD
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To: Nepeta

They danced till midnight while the Dow peeled off ten percent of its value.


20 posted on 08/06/2011 5:41:35 AM PDT by Eric in the Ozarks (Eh ?)
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To: Berlin_Freeper

He knew beforehand. That’s exactly why the debt bill was billed as Tea Party victory. This is how THEY get the tax increases.


21 posted on 08/06/2011 5:43:36 AM PDT by riri
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To: Berlin_Freeper

Looks like Tiny Tim has a lady secret service agent... affirmative action for short people in the SS I guess.


22 posted on 08/06/2011 6:30:40 AM PDT by Mouton (Voting is an opiate of the electorate. Nothing changes no matter who wins..)
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To: Mouton

Lucky Tim is right. She’s a hot packing mama!


23 posted on 08/06/2011 6:35:55 AM PDT by New Jersey Realist (Congress doesn't care a damn about "we the people")
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To: AdmSmith; AnonymousConservative; Berosus; bigheadfred; Bockscar; ColdOne; Convert from ECUSA; ...

Thanks Berlin_Freeper. -and- -and- -and- -and-
24 posted on 08/06/2011 7:49:07 AM PDT by SunkenCiv (Yes, as a matter of fact, it is that time again -- https://secure.freerepublic.com/donate/)
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