NEWS ALERT FROM WALL STREET JOURNAL: FRIDAY AFTERNOON

 

Subject: WSJ NEWS ALERT: S&P Downgrades U.S. Credit Rating for First Time in Modern History

__________________________________
News Alert
from The Wall Street Journal
 
 
Standard & Poor's took the unprecedented step of downgrading the U.S. 
government's AAA sovereign credit rating Friday in a move that could send shock 
waves through global financial markets and potentially undermine world economic 
growth.
 
S&P cut its top-notch long-term credit rating for the U.S. Treasury's debt to 
AA+ with a negative outlook. It is the first time in modern history that one of 
the three main ratings firms has stripped the U.S. of its coveted AAA rating.
 
It was previously reported that a mathematical error discovered late Friday by 
Treasury Department officials threw into limbo plans for a downgrade. 
 
http://online.wsj.com/home-page?mod=djemalertNEWS
 
Watch this brand new video.  It describes what is in the Debt Ceiling Bill.  Two words:  Disgusting
and Distrustful.

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Comment by Kevin G. Collins on August 8, 2011 at 6:35am

Stand by for the blame game. The left is ramping up the anti Tea Party rhetoric, John Kerry, and Axlerod yesterday.

This President refuses to accept any responsibility for this crisis while he directs his press secretary to call us "Hostage Takers". A total and complete failure of leadership.

Comment by Steven D.Upshaw on August 6, 2011 at 10:45pm

What would you expect out of the mouth of a drunkin Delawear village idiot. He was an egotistical elitist ass as a senator and is even a bigger one as the Obama fanny smoocher he is now. Everytime the man opens his mouth he shows he has the mental fortitude of a walnut a characteristic that seems to afflict many who occupy more than two terms in Washington.

 

Comment by ROBERT S. BOURNE JR. on August 6, 2011 at 9:13pm
we need to get together and demand that everyone from the goverment that called us terrorist, be thrown out of office, we let them get away with to much, and biden has a filthy mouth
Comment by ROBERT S. BOURNE JR. on August 6, 2011 at 9:08pm
we are americans, why are we putting up with this
Comment by ROBERT S. BOURNE JR. on August 6, 2011 at 9:07pm
every idiot that voted to increase the dept limit should be put in a mental institution for life
Comment by ROBERT S. BOURNE JR. on August 6, 2011 at 9:04pm
every senator and every congressman & woman that has had anything to do with inreasing the dept shocld be fired and also have there benefits taken away, we need a new goverment from top to bottom
Comment by JL Gawlik on August 6, 2011 at 12:59pm

 Interesting to note a message from Allen West stating that he has sent a letter to Cantor requesting that the House comes back to DC to resolve deficit and spending issues per twitter.

Comment by Steven D.Upshaw on August 6, 2011 at 12:50pm
Not once have I call for violence in any of my post. I am not a person who advicates that sort of action but on the other hand I am not one to run from a challenge. In the year 2010 we witnessed a truthfully amazing actoin by the people of this nation when they left their homes and took to the streets of the the cities and capitals of this nation in a voice that echoed through the halls of government like a tornado. That action moved our government like never before in the history of this nation and the election resulted in a shellacking that even Oboma had to acknowledge. That is the type of pressure Washington understands. It would be a grave mistake for Obama to impose martial law on the people of this nation. Under those conditions the consequence of that action would be much greater than any natural disaster we have ever experienced. If our government has became large enough to place that type of fear in the citizens of this nation then we have already became subjects.
Comment by Armando Delgado on August 6, 2011 at 10:17am
Peaceful demonstrations have always worked in removing unwanted governments. India obtained its indepence from the British that way, so did Poland eliminate Communism, and more recently we saw it work in Tunisia, Egypt, and now in Syria--the latter in the face of horrific atrocities by their dictator, whose actions are now being condemned by the entire democratic world.
Comment by Gail Louise Yost on August 6, 2011 at 9:32am
Can we all take our minds off of the Washington problems and pray for the families of the 38 troops and Afghan nationals who were killed in the helicopter crash....it is the largest loss of life we have experienced since the war started and I am praising God my son is now home from there even though he is still very ill please do this right now...

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