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1 posted on 08/02/2011 4:55:11 PM PDT by silentknight
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To: silentknight
Meanwhile, the Chinese rating agency Dagong, cut the U.S. Treasury rating from A+ to A stating:
“By raising the debt limit the U.S. temporarily prevents the government from debt default, but it does not improve the national solvency; rather the heavier debt burden on the government will cause the U.S. sovereign debt crisis to deepen further,”

Beijing Rating Agency Downgrades US Debt Rating

40 posted on 08/03/2011 5:26:07 AM PDT by Wyatt's Torch (I can explain it to you. I can't understand it for you.)
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To: silentknight

Obama has no default covered until his election time.We gave him more money to give to his unions and fat cats and maybe some more money for Pelosi’s vineyard farm or more Chinese hookers or field mice.

http://www.heritage.org/research/reports/2009/10/50-examples-of-government-waste

http://theeconomiccollapseblog.com/archives/government-waste-20-of-the-craziest-things-that-the-u-s-government-is-spending-money-on

And then TheWon has he utter audacity to say this and insinuate the dem talking point that the wealthy are not taxed enough spreading class warfare.

http://www.cnsnews.com/news/article/obama-next-debt-limit-deal-must-include


41 posted on 08/03/2011 5:27:15 AM PDT by Dubya-M-DeesWent2SyriaStupid! (It is possible to both promote Palin and support Bachmann at the same time, ya know.)
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