Saturday, July 30, 2011



                                  Obama you ignorant slut
But in a phone call Friday evening, McConnell told Reid he wanted the White House at the table and expressed frustration that President Obama had rejected an emerging compromise between the two Senate leaders last weekend. Aides said McConnell expected to speak with administration officials Friday night and tamped down talk of an impasse. But Senate Democratic leaders reacted with outrage, accusing McConnell of blocking a deal.

Without such an agreement, Obama warned that the United States stands to lose its sterling AAA credit rating — “not because we didn’t have the capacity to pay our bills. We do. But because we didn’t have a triple-A political system to match our triple-A credit rating.
 - Congressional leaders struggle to work out bipartisan debt deal

The "limited magnitude" of both debt plans put forward by congressional leaders would not put the nation's AAA credit rating back on solid footing, Moody's Investors Service announced Friday.

"Reductions of the magnitude now being proposed, if adopted, would likely lead Moody's to adopt a negative outlook on the AAA rating," the credit rating agency said in a new report. "The chances of a significant improvement in the long-term credit profile of the government coming from deficit reductions of the magnitude proposed in either plan are not high."


I-RIGHT-I said...

F'ck Moody's, nuke 'em. Don't forget they gave the green light, thumbs up and AAA rating to everyone involved in the sub-prime lending wealth transfer. Nobody has paid for that by the way. Oh, hold on, I did, me and about 100 million other responsible, property owning, tax paying American fuqwitz'.

I want Seal Team Six to take over the government and start hanging people. I don't care any more.

Rodger the Real King of France said...

Like it or not, a downgrade by the rating services like Moody and S&P WILL result in us paying much higher interest on future borrowing. So what we have in my illustration is Obama saying "we don’t have a triple-A political system to match our triple-A credit rating," which is true. But he and Democrats are the principle cause of that sorry state of affairs. He, almost single handedly, has brought us to ruin.

Anonymous said...

I could have emailed this to you but what the hey


Anonymous said...

We have a triple A govt system--what we seem to have a shortage of is triple-A politicians, aka Statesmen.

--Sapo Mal

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