Politics : President Barack Obama


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To: manalagi who wrote (99018)8/6/2011 12:29:13 PM
From: pcstel of 134042
 
S&P cut the long-term U.S. credit rating by one notch to AA-plus on concerns about growing budget deficits.


S & P¿¿¿ Not these jokers again¿¿¿¿ These are the same guys that got us into the real estate meltdown, and resulting financial mayhem by rating junk mortgage portfolios as AAA rated. Now they downgrade US Debt which will certainly cause more financial mayhem for the US at the hands of Standards and Poor.


Perhaps the US can downgrade Standard and Poors to a Financial Terrorist organization as it would be hard not to declare that their flawed ratings actions have caused irreparable harm to the US economy over the last 8 years. Simply show up to the homes of their CEO and Board of Directs tomorrow and arrest them on Federal Terrorism Charges, and declare S&P a Terrorist Organization.


By Monday morning. I would expect a nice clean AAA rating.... Anyone else want to downgrade our credit rating?


PCSTEL
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