Friday, August 5, 2011

AAA Rating Lost

The Washington Post seems to be "downgrading" the downgrade.

But the question remains, if the big downgrade was going to happen anyway, why did the GOP give in to a less that what we wanted debt deal? 

Would "Cut, Cap and Balance" have saved the rating?  Who knows.   But this we do know for sure- Our Great Leader, Barack Hussein Obama, Peace Be Upon Him,  has now presided over the first credit downgrade in American History.  Was this the "change" he was talking about?  Or is he just going to blame President George W. Bush again?
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