Obama our historic president made history for being the first sitting president to reside over the lowering of our once AAA+ credit rating.
I won't be surprised to hear from Obamatrons that the reason Standard & Poors lowered the nations credit rating was, because Obama is black. I know how these kooks "think", so would it really surprise you if they didn't try to use that excuse? So because of reckless spending and compromising on not really addressing the problem of spending, Obama and others are actually trying to point the finger at Standard & Poors!! S&P didn't run up five trillion dollars in debt in two years and seven months, and Standard & Poors didn't turn an annual deficit of four hundred billion a years under the last term of Bush to one point six trillion as it currently stands under Obama. Also, progressives are trying to blame the Tea Party of all people. I know it's beyond irrational, but the porkers in congress need a scapegoat, and for progressives the Tea Party caucus is it. Here's John "I spent Christmas in Cambodia" Kerry trying to lay the S&P downgrade at the feet of the Tea Party Caucus.
The Benny Hill show of progressive comedy continues. Now progressives are actually trying to reassure investors after the S&P downgrade. They want investors to keep wasting their money buying debt that has an increasing chance of not ever being repaid. So lets recap, the Tea Party is being blamed even though they weren't even around prior to this year, the Republican leadership is spineless and Obama doesn't have a clue that actual tax payers are the ones on the hook for his drunken socialist spending.