Standard and Poor's downgrades US to AA+

[wiphan]

Originally Posted by Riot

What bullshit. The GOP didn't even accept Ryans Budget. And the S & P guy said that on Fox News Sunday, now with an edited video making the rounds. Read the S & P published announcement statement where they jerk their Republicans leashes for being stupid and moronic about dealing with the debt crisis, and called them out by name.

And not only does Obama still consider us AAA, the market does, too - you'll notice they all rushed into US Treasuries yesterday as stocks fell.

You need some help. You can place blame on all sides. This actually goes back to the Clinton days with the ridiculousness of him, good old Mr. Frank, Fannie, Freddie, etc. It is with GW and with Obama. It also could be with Mr. Bernancke, Mr. Greenspan and all of the actions taken by the Fed. We have been printing $, spending ridiculously and with no accountability on either side. Obama did not create the problem, but he is not willing to take the necessary steps to help fix it. The solutions are not fun and not going to be very popular. Obama could learn alot from WI and how Governor Walker albeit not popular with everyone has started to take the state in the right direction. I know you disagree with this, but the proof is starting to come out and in the next 2 years unless the dems screw it up you will see how well this can work. It is amazing how where their were deficits in WI there are now surplusses. It is happening even in Milwaukee, imagine that