Sorry but when you spend like a crackwhore paying people to destroy cars, building railroads no one wants buying up all the bad mortgages, loaning money and thinking receiving 50%-70% back is great and giving away seniors' Social Security money to countries like Egypt and Pakistan your credit rating is bound to go down.
Guess the Dems stated plan of 'spending to prevent going bankrupt' didn't work so well. Kind of like bailing water into a sinking ship rather than bailing it out. And Repubs whimped out once again settling for promises to cut spending rather than actual cuts.
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08-06-2011, 09:48 AM
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