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Obama says U.S. is still a AAA country
Reuters ^

Posted on 08/08/2011 11:51:19 AM PDT by Sub-Driver

Obama says U.S. is still a AAA country Photo 2:12pm EDT

WASHINGTON (Reuters) - President Barack Obama on Monday blamed a downgrade in the United States' credit rating on political gridlock in Washington and said he would offer some recommendations on how to reduce federal deficits.

Obama said in a White House appearance that he hopes the Standard and Poor's downgrade of U.S. debt to AA-plus from AAA will give lawmakers a new sense of urgency to tackle deficit spending and said he did not believe the reductions could be carried out with spending cuts alone.

(Excerpt) Read more at reuters.com ...


TOPICS: Front Page News; News/Current Events
KEYWORDS: barrackolypsenow; bhoeconomy; bhofascism; creditrating; delusions; democrats; downgrade; fail; impeach; obama; obamadepression; obamageddon; presidentdowngrade
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To: Sub-Driver
It's poetic, really. A Churchillian stand against the slings and arrows of outrageous teabaggery.

Obama will be remembered, no doubt, for his eloquence, second only to his unwavering, stalwart leadership.

41 posted on 08/08/2011 12:15:36 PM PDT by Steel Wolf ("Few men desire liberty; most men wish only for a just master." - Gaius Sallustius Crispus)
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To: OldNewYork
Nor are the vast majority of illegal aliens. The more this country looks like the countries they’re from, the more our credit rating is going to look like the credit ratings of their countries..

This the the right answer. The tail is now wagging the dog. Freeze all discretionary spending now. Jose and Maria, yes, you can, in your own home town.

42 posted on 08/08/2011 12:15:36 PM PDT by Calusa (The pump don't work cause the vandals took the handles. Quoth Bob Dylan.)
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To: Cheryllynn

Agreed...


43 posted on 08/08/2011 12:18:14 PM PDT by DoughtyOne (Reid and Boehner step down. Let's hold a general election in November and boot the Pride of Kenya..)
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To: Sub-Driver

Pandering


44 posted on 08/08/2011 12:19:54 PM PDT by Tempest (Ruining the day of corporate butt kissers everywhere.)
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To: Steel Wolf
Obama will be remembered, no doubt, for his eloquence denial of reality, second only to his unwavering, stalwart leadership Narcissism.

There, I fixed it.

45 posted on 08/08/2011 12:20:10 PM PDT by Only1choice____Freedom (FDR had the New Deal. President 0bama has the Raw Deal.)
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To: Sub-Driver

Pandering


46 posted on 08/08/2011 12:20:22 PM PDT by Tempest (Ruining the day of corporate butt kissers everywhere.)
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To: Sub-Driver

Obama is mentally ill. He is completely detached from reality.


47 posted on 08/08/2011 12:21:00 PM PDT by CodeToad (Islam needs to be banned in the US and treated as a criminal enterprise.)
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To: Sub-Driver
Obama says U.S. is still a AAA country

But for RVers, the U.S. is a Good Sam country.


48 posted on 08/08/2011 12:21:16 PM PDT by Yo-Yo (Is the /sarc tag really necessary?)
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To: Sub-Driver

Wait, I thought it was a KKK country. That is, while it wasn’t busy being the Tea Party’s fault. And shortly after that it was George Bush’s fault. Of course that was just a bit after it was the fault of those racists in the Tea Party. Who stopped being extremists just long enough to take up racism. Before they supported George W. Bush. And then there was that obstructionist phase. Yup, right after they were done being racists.


49 posted on 08/08/2011 12:22:41 PM PDT by Attention Surplus Disorder (Both sides need to put aside the partisan bickering, & work out how much free stuff I get)
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To: Sub-Driver

“ossifer I’m not drunk it’s just my blood alcohol content is .25”


50 posted on 08/08/2011 12:22:41 PM PDT by Portcall24
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To: Uncle Miltie

I was thinking of that as a bumper sticker!


51 posted on 08/08/2011 12:23:13 PM PDT by MNDude (so that's what they meant by Carter's second term)
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To: Pearls Before Swine

Wow so you want take out your envy on the old and the poor.


52 posted on 08/08/2011 12:24:03 PM PDT by Tempest (Ruining the day of corporate butt kissers everywhere.)
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To: Sub-Driver
he did not believe the reductions could be carried out with spending cuts alone

If you need to "save" a trillion dollars a year to bring creditors' demands in line, what tax "increase" could generate that kind of revenue? (short of complete confiscation, which wouldn't even be enough).

It's 99.99999% on the SPENDING side, and we know who & how got it that way...

53 posted on 08/08/2011 12:27:32 PM PDT by mikrofon (This Administration is OBAMAAA)
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To: Sub-Driver

I think we’re a AAA country too. We just have an FFF president. When you grade on the bell curve...we’re in it deep!


54 posted on 08/08/2011 12:31:09 PM PDT by zlala
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To: Sub-Driver

55 posted on 08/08/2011 12:37:07 PM PDT by McGruff (I am a Sarah Palin supporter and not afraid to say so.)
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To: marbren

Yes, the US is an AAA country, and Canada is a CAA country. Had a dead battery once when I was in Canada and my AAA card meant that I got a jump and wasn’t charged for it.


56 posted on 08/08/2011 12:45:00 PM PDT by Verginius Rufus
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To: Calusa

“This the the right answer. The tail is now wagging the dog. Freeze all discretionary spending now. Jose and Maria, yes, you can, in your own home town.”

Thanks. If American industry and agriculture really need foreigners to do jobs we won’t do, or wouldn’t have done before this double-dip recession, then we can grant them resident alien or temporary resident visas. But no amnesty. Reagan’s amnesty clearly didn’t work as intended if we’re dealing with this again now. And if today’s illegal aliens want to apply for the visas I mentioned, they can do so from their home countries.

But that’s just part of it. That doesn’t even address the 50% who don’t pay taxes and who voted for the current Oval Office occupant, nor their enablers in this codependent relationship: the tolerance romantics who joined the zombie parade in 2008 (or before).


57 posted on 08/08/2011 12:54:10 PM PDT by OldNewYork
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To: Sub-Driver

I’m hoping the Tea party will be out protesting this clown when he arrives for the “Throw America Under the Bus” tour on the 15th of the month.


58 posted on 08/08/2011 12:57:40 PM PDT by Always Independent
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To: Tempest
Wow so you want take out your envy on the old and the poor.

Reread my post. They should be last in line... after real waste is cut. If you can't find any waste in the current government programs, we don't have much to talk about.

But, I gotta say, if the actuaries are correct, and Medicare is really something like 40 Trillion in the whole in terms of the present value of promised benefits, and Medicare even more, something's gotta give. I'd prefer that whatever happened didn't also involve the complete destruction of all private wealth, but maybe you feel otherwise.

59 posted on 08/08/2011 12:58:37 PM PDT by Pearls Before Swine
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Mash His Cute Little Nose

We're Looking For a Little Yellow

Donate, monthly if possible

60 posted on 08/08/2011 1:04:55 PM PDT by TheOldLady (FReepmail me to get ON or OFF the ZOT LIGHTNING ping list.)
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