Posted on 08/06/2011 2:11:26 PM PDT by Clairity
One day after lowering the nation’s platinum triple-A credit rating, Standard & Poor’s analysts warned Saturday that the U.S. government could face a second downgrade if the economy continues to struggle and the government fails to make the cuts outlined in the debt ceiling agreement.
The ratings agency on Friday downgraded the nation to AA+ for the first time in history, saying partisanship in Washington is preventing dramatic deficit reduction.
(Excerpt) Read more at politico.com ...
Look at the blacks beating the whites in Wisconsin and Iowa, flash mobs of blacks robbing stores in every major city yet not covered by the MSM.
Obama has the most despicable hateful racists like Chris Rock at his Mo-Town Birthday. Disgusted...
Exactly what they’ll do. They are a monopoly after all.
Canada got back to AAA from AA in 3 years, but they took serious and major steps, not something our current leadership is at all interested in.
I love your optimism and determination. I get very depressed reading FR sometimes. I know you are right for a part of our population, but it seems like only half the country thinks this way any more! I hope someone runs for president who thinks and believes this way and can articulate hope for this country, and really mean it (not just a politician who knows how to say what people want to hear.)
It is a damning indictment of our leadership up in Washington...period.
Democrats as well as republicans. Took two to tango.
GWB before O-bozo, spent more than any previous president in history.
We need a big ol reset in Washington.
Get rid of liberals and we can save 10 times more!
OR they are in with the leftists trying to help them raise taxes.
Obamacare will never get implemented - there will be no money. Perhaps there will be no country even. We are looking at very interesting times within one year from now.
The Downgrade Presidency of 0bama.
The sum result of Hope and Change ... Downgrade.
What did Obama's White House & Hooligan Harry of the do-nothing Senate say?
Harry Reid: "Over, Done, Dead"
White House: "Duck, Dodge and Dismantle."
House Republicans & Tea Party types don't own this.
It's on Obama. It's on Reid. It's on Geithner.
Standing ovation!!!!:-)
Now, S&P says we may get ANOTHER rate decrease. Anyone want to venture a guess that they'll ask for another debit ceiling raise and that will in turn blow up in their faces too?
Instead of just cutting taxes, cutting the size of government, and letting the free market do it's thing, Obama and his fellow criminals are using every "perceived" emergency to further sink the country into a third world status. Obama has got exactly what he wanted, a doomed country.
"Might as well lower it to XXX rated."
I thought Clinton was out of office.
...The GOP should immediately put CCB back up for a vote...
Agreed. But first, Boehner should get the S&P guy on the phone and ask him if passing CCB would help us get our AAA rating back. If he says yes, Boehner should schedule a hearing in the House Finance Committee for this week, and get the S&P guy to say it in public, on the record. THEN hold the vote.
...The GOP should immediately put CCB back up for a vote...
Agreed. But first, Boehner should get the S&P guy on the phone and ask him if passing CCB would help us get our AAA rating back. If he says yes, Boehner should schedule a hearing in the House Finance Committee for this week, and get the S&P guy to say it in public, on the record. THEN hold the vote.
Reminder to self: don’t double click on the Post button.
Racists.
Time to get rid of Obama - that will save trillions
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