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Obama says U.S. is still a AAA country
Reuters ^

Posted on 08/08/2011 11:51:19 AM PDT by Sub-Driver

Obama says U.S. is still a AAA country Photo 2:12pm EDT

WASHINGTON (Reuters) - President Barack Obama on Monday blamed a downgrade in the United States' credit rating on political gridlock in Washington and said he would offer some recommendations on how to reduce federal deficits.

Obama said in a White House appearance that he hopes the Standard and Poor's downgrade of U.S. debt to AA-plus from AAA will give lawmakers a new sense of urgency to tackle deficit spending and said he did not believe the reductions could be carried out with spending cuts alone.

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


TOPICS: Front Page News; News/Current Events
KEYWORDS: barrackolypsenow; bhoeconomy; bhofascism; creditrating; delusions; democrats; downgrade; fail; impeach; obama; obamadepression; obamageddon; presidentdowngrade
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FAIL........
1 posted on 08/08/2011 11:51:21 AM PDT by Sub-Driver
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To: Sub-Driver

Well if double 00 says so - it is. After all, would he lie to us? I don’t think so/s


2 posted on 08/08/2011 11:53:24 AM PDT by Bitsy (!)
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To: Sub-Driver

EPIC FAIL


3 posted on 08/08/2011 11:53:32 AM PDT by A message
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To: Sub-Driver

Shut up you communist bastard.

(Not the OP; Obama).


4 posted on 08/08/2011 11:53:56 AM PDT by BCEagles
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To: Sub-Driver

impeach him now ... he is doing nothing to stop the falling markets ... he is actually cheering the crash on.
impeach this vindictive, passive-aggressive, narcissist
NOW !!!!!!!!!!!!!!!!!!!


5 posted on 08/08/2011 11:53:56 AM PDT by nightmarewhileawake
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To: Sub-Driver

What he means:

All Alinsky All the time!.........


6 posted on 08/08/2011 11:54:17 AM PDT by Red Badger ("Treason doth never prosper.... What's the reason? Why if it prosper, none dare call it treason.")
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To: Sub-Driver

which is another way of saying we are no longer a Major League Country


7 posted on 08/08/2011 11:55:44 AM PDT by Buckeye McFrog
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To: Sub-Driver

Affirmative Action Credit Rating! LOL!


8 posted on 08/08/2011 11:56:06 AM PDT by TSgt (When in the Course of human events...)
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To: Sub-Driver
Obama says U.S. is still a AAA country.

...with a "D" president.
9 posted on 08/08/2011 11:56:06 AM PDT by fallujah-nuker (Pakistan delenda est)
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To: All

this is what parents tell their kids when they come in 7th place.. You’re always 1st in my heart honey..


10 posted on 08/08/2011 11:56:10 AM PDT by newnhdad
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To: Sub-Driver

11 posted on 08/08/2011 11:56:18 AM PDT by AngelesCrestHighway
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To: Sub-Driver

Zer0 is repeating the mantra that it was the Tea Party Freshmen that put the world in economic peril. The truth is this was our nation’s debt brought on by Zer0’s spending disaster.


12 posted on 08/08/2011 11:56:45 AM PDT by jonrick46 (2012 can't come soon enough.)
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To: Sub-Driver

With an F class political leadership.


13 posted on 08/08/2011 11:56:45 AM PDT by MNJohnnie (Giving politicians more tax money is like giving addicts free drugs to cure their addiction)
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To: Sub-Driver
Downgraded
14 posted on 08/08/2011 11:56:50 AM PDT by CPL BAUM (for the greater glory of God, Country & Corps)
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To: Sub-Driver
Raise taxes, cut benefits on older voters first. I'm not saying they don't need to be cut, but lets cut out the waste. Just today I heard about $100 million to his friends in Somalia for famine relief; and Comcast, probably under pressure, giving $9.95 internet service to the poor while I pay several times that amount. Meanwhile FHA digs a big hole giving 3.5% down mortgages, the Federal government consumes over 25% of GDP, and the states are deep in the hole, too.

I don't want to pay for it twice over, as one who has worked my whole friggin' life to have some decent savings, and who is at the threshold of retirement to boot.

/rant off

15 posted on 08/08/2011 11:57:28 AM PDT by Pearls Before Swine
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To: Sub-Driver
You can't talk about the importance of their rating as a reason to raise the ceiling....and then take it back. What a bunch of jerks.

1. Get rid of Obamacare, Headstart, Govt. Union and those fat pensions.

Drill, frack, mine coal, mine rare minerals, a little foresting...it's about JOBS....it will produce income for the Federal Government.

They still don't get it.

16 posted on 08/08/2011 11:57:52 AM PDT by Sacajaweau
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To: Red Badger

He is a community organizer which makes him qualified to....uh....uh.... read a teleprompter.


17 posted on 08/08/2011 11:58:00 AM PDT by A message
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To: Sub-Driver
Obama says U.S. is still a AAA country

The experts beg to differ...

(It reminds of the doting parent, who instead of telling the kid who brings home a report card with all C's that they need to work harder and spend less time watching TV, says "Don't feel bad honey, you're still an A student to me.")

18 posted on 08/08/2011 11:58:41 AM PDT by apillar
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To: Sub-Driver

He’s half-right, which is to say he’s wrong. It’s the productive part of America that’s still triple A. The over 50% of the country that pays no taxes whatsoever is not, and are not even double A, and coincidentally happen to be the ones who more often than not voted him in and for whom he does whatever it is he does. Nor are the vast majority of illegal aliens. The more this country looks like the countries they’re from, the more our credit rating is going to look like the credit ratings of their countries.


19 posted on 08/08/2011 11:58:45 AM PDT by OldNewYork
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To: nightmarewhileawake

At this point all it may take is for one reporter to ask the Messiah why he is using a social security card issued to him in a state in never lived in.

It’s a house of cards...he’s a complete fake...his resignation may be within sight.


20 posted on 08/08/2011 11:59:11 AM PDT by kjo
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