President Mbama has managed to achieve the first downgrade of the United States' sovereign credit rating in twenty two years. S & P have moved them from 'stable' to 'negative.' Not only that, the black assed jackass runs a serious risk that in the near future, the US will lose its AAA credit rating status, one the country has enjoyed since 1917.
Incredibly, Mbama's juvenile answer to this disaster is to campaign for more borrowing, more spending and more taxing.
Isn't it amazing how this all sounds so familiar as tax and spend Goff heads for the political brick wall?
Adolf looks forward to November 2011 and November 2012 with eager anticipation.
If S & P drop the US back to AA+ or worse, then the GOP could put up any one of its half dozen dead dog's dongers and it would win.
July 1 in history
3 hours ago