Subject: WSJ NEWS ALERT: S&P Downgrades U.S. Credit Rating for First Time in Modern History
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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.
Comment
Anyone who thinks that NO ONE has been listening to the TeaParty is delusional.
The whole discourse in Washington, DC and Congress has completely changed and is now changed forever because of the TeaParty. Just listen to the Progressive Democrats they are saying now that the TeaParty caused all of this! Amazing. Violence begets more violence, period. And anyone who even suggests it, is a progressive period in my opinion.
There is suppose to be another rally with people all across the country to make signs CAN YOU HEAR ME NOW? and go to street corners and peacefully hold them up so people can see, it is either this month or in September. I know there were around 100 people in DC with those signs in Senate park last week during the debt ceiling vote and some of the GOP Senate and House went down to talk to them. Our voices have not been ignored.
We have changed the whole atmosphere in Congress, in DC, in our government in one election, 2010. In 2012 we are going to GREATLY change things in Congress, in DC and in our government with the voice of WE THE PEOPLE.
No matter what happened in the housing debacle, this is a downgrade based on the poor judgement of the liberals and their big spending habits. Certainly, we as a group, fought for them not to raise the debt limit, because it had already been stated without over 4 trillion in "real" cuts, they would downgrade. We would have been far better off as a country not giving Mr. Obama the ability to borrow any more money to waste on foolishness which would further hamstring our economy!
This rests clearly on the shoulders of this president, and he was warned to make significant cuts and instead used smoke and mirrors yet again except for the military which now be cut to the point we won't have a credible force to protect our country!
"What are they really up to?"
Darrell Issa has uncovered the real stinker in the House Oversight Committee hearings on the "Gun Walker", aka, "Fast and Furious" scandal that has virtually all departments of the DOJ, State Dept and so on, for supplying high level arms to the drug cartels in Mexico and Central America. This also goes all the way to the White Hut.
http://www.examiner.com/gun-rights-in-national/a-journalist-s-guide...
The White House wants us to be focused on this while they are up to no good. Smoke and mirrors.
What are they really up to?
If you're not already aware. This is what's going on in DC while dangerous criminals are allowed back out on the streets. It's horrifying that this is happening to our citizens and veterans for protesting the hijacking of our election process. This is still happening! They are STILL being tortured and treated like full on terrorists.
You may not be aware of the typical things they're forced to go through...…
ContinuePosted by Babs Jordan on August 14, 2022 at 8:44am
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