US loses AAA credit rating from S&P

Aug 6, 2011 Full story: Log Cabin Democrat 1,035

The lowering of America's sterling credit rating was the punctuation mark on a tumultuous week in financial markets.

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“I just hate stupid people”

Since: Apr 07

DEEP SOUTHERN ILLINOIS

#1 Aug 6, 2011
The country is falling apart under Obammy and company.

Decades of wild crazy spending on whatever has finally began to catch up, which is always the case with liberalism.

Since: Feb 07

Location hidden

#2 Aug 6, 2011
Trust is a top down kind of thing, it is not imposed with a mandate as a weapon.
The state has the tools to identify and punish violators, offer the lawyers a chair and get to work.
A Nnoyed

Shrewsbury, UK

#3 Aug 6, 2011
Agents Pelosi, Reid, and Obama are nearing the completion of my plan to buy up US Assets cheap!

Another recession and a collapsed dollar and the Nnoyed family will get that oceanfront holiday home in Nantucket soon enough.

Cheers Barry, Harry & Nance. We're almost there.
Otis B Driftwood

Milford, CT

#4 Aug 6, 2011
RayOne wrote:
The state has the tools to identify and punish violators, offer the lawyers a chair and get to work.
The state should just give all lawyers the chair.

Since: Jan 11

Location hidden

#5 Aug 6, 2011
This president is a jerk-off. Even Trump says he's stupid.

“We will never forget Obama's ”

Since: Mar 09

Muslim home boys killed 3000

#6 Aug 6, 2011
America loses its triple A rating, Obama secretly applauds.

Bad news for America is good news to the anti-American Obama.5
Believer

Huntsville, AL

#7 Aug 6, 2011
The
End of
Ameica
P
a
r
t
y

gets their way after all.
Truth

Clinton, IA

#8 Aug 6, 2011
THIS IS WHAT WOULD HAPPEN IF ALL THE WHITE PEOPLE DISPPEARED.
Day 1, Morning: The negroes wake up, but sense that something is wrong. There is no radio and no T.V. Electrical power is partially gone. Venturing out into the world, they notice almost no traffic, no police, no airplanes... almost total silence. Realizing this, they immediately begin to loot. Gun stores & liquor stores are among the first to be emptied out. Itís a free for all. Windows are broken, cars are stolen from garages & parking lots. By the afternoon, most valuables in stores & private homes have been stolen.

By the end of the First Week: Electrical power is all but gone. Phone service is sporadic. Working negroes are beginning to understand the nightmare. But no one listens to them; they are "Uncle Tom's", who have always appreciated life in America. Black gangs are beginning to rob, rape and murder at an even higher rate than before. There is no government, no order. There is nothing to stop them. It is a great big party ... For now.

By the end of the First Month: Looting & anarchy continue. Law abiding negroes have to defend their houses from looters. War begins among black gangs as they battle for territory & vanishing resources. There is no longer any electricity, and most fresh food has spoiled. Fires are widespread from looting, and very few know how to put them out. There is no more tap water.

By The End Of The Third Month: Canned food can still be found but fresh water, milk, bread & produce are non-existent. Gasoline becomes scarce. No television or radio. Garbage & sanitation services are gone, & diseases begin to rise. Rats multiply. Some hospitals are still running but with almost no trained staff. A few law-abiding negroes try to restore order & resort to a shoot on sight policy.

By The End Of The First Year: Starvation is rampant. Food becomes the most valuable thing in the "New Negro America." Trees are cut down for firewood. Many die from cold. Most infants do not survive, as medical care becomes non-existent. A few negroes hoard all the food for themselves by the use of force (just like Africa today.) There is no light at night, except from wood fires. Negroes begin to reorganize by tribes. Gangs rule the city. Travel is almost impossible, except on horseback, & gangs frequently murder travelers. Youth engage in dueling, to prove their manhood. Nomads now roam from destroyed town-to-town looking for food. All farm animals have been slaughtered.

By The End Of Five Years: Nearly 2/3rds of the negroes are dead. The life span is down to about 35 years, as it is in many black countries in Africa today. The U.S. has become Africa, only worse, for there are no white men to organize aid and feed them.

THIS MAN TELLS THE TRUTH OF BLACKS. http://youtu.be/17m8OnHC7dQ

“Obama tells the right to...”

Since: Jun 07

shhhh... STFU, you lost...

#9 Aug 6, 2011
The right-wingers led by the tea-baggers are bringing this great nation down. The debt ceiling fight along with their failure to produce any jobs legislation out of the House has reversed the progress the economy has made since Obamaís policies kicked in.

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Otis B Driftwood

Milford, CT

#10 Aug 6, 2011
America AA+. Obama FF-.

“Angry Antlers ”

Since: Sep 08

Miami

#11 Aug 6, 2011
The cabal of Fascist Right corporations who own the Fleaparty are working hand in glove with bogus rating agencies, of which all are Right Wing complicit, working feverishly to bring down this nation.

Standard & Poors and Moody's were as complicit in the economic collapse of 2008 as anyone else was, fobbing off bogus "AAA" rated mortgage backed securities on foreign and domestic investors like they were handing out gumballs.

They have not been bankrupted because of this, and should be out of business entirely at this point.

There is no reason for "bet hedgers" like these firms to exist in the first place, since they only serve one master- the wealthy elites, as they have consistently graded PRIVATE wealth at AAA status over the years and graded PUBLIC wealth much lower, so the taxpayer can foot the bill- assume the risk, for the benefit of the wealthy and corporate investor.

This is just another crack in our collective windshield, folks, and it will be proven how wrong these rating agencies were, and ARE today when it's business as usual for Wall Street, now gunning for a conservative president they perceive as "liberal" and cheerleading for Fleaparty Fascists in government.

“Angry Antlers ”

Since: Sep 08

Miami

#12 Aug 6, 2011
Truth wrote:
THIS IS WHAT WOULD HAPPEN IF ALL THE WHITE PEOPLE DISPPEARED.
Day 1, Morning: The negroes wake up, but sense that something is wrong. There is no radio and no T.V. Electrical power is partially gone. Venturing out into the world, they notice almost no traffic, no police, no airplanes... almost total silence. Realizing this, they immediately begin to loot. Gun stores & liquor stores are among the first to be emptied out. Itís a free for all. Windows are broken, cars are stolen from garages & parking lots. By the afternoon, most valuables in stores & private homes have been stolen.
By the end of the First Week: Electrical power is all but gone. Phone service is sporadic. Working negroes are beginning to understand the nightmare. But no one listens to them; they are "Uncle Tom's", who have always appreciated life in America. Black gangs are beginning to rob, rape and murder at an even higher rate than before. There is no government, no order. There is nothing to stop them. It is a great big party ... For now.
By the end of the First Month: Looting & anarchy continue. Law abiding negroes have to defend their houses from looters. War begins among black gangs as they battle for territory & vanishing resources. There is no longer any electricity, and most fresh food has spoiled. Fires are widespread from looting, and very few know how to put them out. There is no more tap water.
By The End Of The Third Month: Canned food can still be found but fresh water, milk, bread & produce are non-existent. Gasoline becomes scarce. No television or radio. Garbage & sanitation services are gone, & diseases begin to rise. Rats multiply. Some hospitals are still running but with almost no trained staff. A few law-abiding negroes try to restore order & resort to a shoot on sight policy.
By The End Of The First Year: Starvation is rampant. Food becomes the most valuable thing in the "New Negro America." Trees are cut down for firewood. Many die from cold. Most infants do not survive, as medical care becomes non-existent. A few negroes hoard all the food for themselves by the use of force (just like Africa today.) There is no light at night, except from wood fires. Negroes begin to reorganize by tribes. Gangs rule the city. Travel is almost impossible, except on horseback, & gangs frequently murder travelers. Youth engage in dueling, to prove their manhood. Nomads now roam from destroyed town-to-town looking for food. All farm animals have been slaughtered.
By The End Of Five Years: Nearly 2/3rds of the negroes are dead. The life span is down to about 35 years, as it is in many black countries in Africa today. The U.S. has become Africa, only worse, for there are no white men to organize aid and feed them.
THIS MAN TELLS THE TRUTH OF BLACKS. http://youtu.be/17m8OnHC7dQ
And thanks to Rethuglican Nazi Fascism and the right wing christian evangelical policies of race extermination, the Fleaparty Racists are working diligently to achieve this vision for America right now.

Problem is, for the racist bigots like yourself, you'll still be here, not "raptured" to some mythical heaven somewhere, so guess who we'll be coming for?

The "haves" won't stand a chance against the "have nots."

You might as well consider taking the coward's way out now, just like your dear leader Adolph Hitler.
Realist

Greensboro, NC

#13 Aug 6, 2011
Truth wrote:
THIS IS WHAT WOULD HAPPEN IF ALL THE WHITE PEOPLE DISPPEARED.
Day 1, Morning: The negroes wake up, but sense that something is wrong. There is no radio and no T.V. Electrical power is partially gone. Venturing out into the world, they notice almost no traffic, no police, no airplanes... almost total silence. Realizing this, they immediately begin to loot. Gun stores & liquor stores are among the first to be emptied out. Itís a free for all. Windows are broken, cars are stolen from garages & parking lots. By the afternoon, most valuables in stores & private homes have been stolen.
By the end of the First Week: Electrical power is all but gone. Phone service is sporadic. Working negroes are beginning to understand the nightmare. But no one listens to them; they are "Uncle Tom's", who have always appreciated life in America. Black gangs are beginning to rob, rape and murder at an even higher rate than before. There is no government, no order. There is nothing to stop them. It is a great big party ... For now.
By the end of the First Month: Looting & anarchy continue. Law abiding negroes have to defend their houses from looters. War begins among black gangs as they battle for territory & vanishing resources. There is no longer any electricity, and most fresh food has spoiled. Fires are widespread from looting, and very few know how to put them out. There is no more tap water.
By The End Of The Third Month: Canned food can still be found but fresh water, milk, bread & produce are non-existent. Gasoline becomes scarce. No television or radio. Garbage & sanitation services are gone, & diseases begin to rise. Rats multiply. Some hospitals are still running but with almost no trained staff. A few law-abiding negroes try to restore order & resort to a shoot on sight policy.
By The End Of The First Year: Starvation is rampant. Food becomes the most valuable thing in the "New Negro America." Trees are cut down for firewood. Many die from cold. Most infants do not survive, as medical care becomes non-existent. A few negroes hoard all the food for themselves by the use of force (just like Africa today.) There is no light at night, except from wood fires. Negroes begin to reorganize by tribes. Gangs rule the city. Travel is almost impossible, except on horseback, & gangs frequently murder travelers. Youth engage in dueling, to prove their manhood. Nomads now roam from destroyed town-to-town looking for food. All farm animals have been slaughtered.
By The End Of Five Years: Nearly 2/3rds of the negroes are dead. The life span is down to about 35 years, as it is in many black countries in Africa today. The U.S. has become Africa, only worse, for there are no white men to organize aid and feed them.
THIS MAN TELLS THE TRUTH OF BLACKS. http://youtu.be/17m8OnHC7dQ
Now that is one scary picture. Appears the blacks in Wisconsin have already started the begining of the end. Going to get my permit to carry tomorrow.
Realist

Greensboro, NC

#14 Aug 6, 2011
Marine Corp Pat wrote:
The right-wingers led by the tea-baggers are bringing this great nation down. The debt ceiling fight along with their failure to produce any jobs legislation out of the House has reversed the progress the economy has made since Obamaís policies kicked in.
Hey patty, did you see all the American flags and hear all the singing of the National ANTHEM at the fair in Wisconsin ? You know the huge beat down of anyone that was 'White' by 'Blacks'. Guess this is what Obama meant by leveling the playing field.
LOL

Tampa, FL

#15 Aug 6, 2011
Marine Corp Pat wrote:
The right-wingers led by the tea-baggers are bringing this great nation down. The debt ceiling fight along with their failure to produce any jobs legislation out of the House has reversed the progress the economy has made since Obamaís policies kicked in.
president downgrade singlehandily killed America's credit rating...

the trashing of America is now complete......ghetto style

thanks president downgrade....

Since: Sep 08

Location hidden

#16 Aug 6, 2011
Marine Corp Pat wrote:
The right-wingers led by the tea-baggers are bringing this great nation down. The debt ceiling fight along with their failure to produce any jobs legislation out of the House has reversed the progress the economy has made since Obamaís policies kicked in.
Agreed. The tea party held America hostage, and now Americans
will pay for tea party ignorance. IF they were elected to
make changes, it was not in this manner. America was the only safe
haven for foreign investment, but no longer. America has
lost it's mojo, and these newly elected ding-a-lings
are responsible. I am a life long republican,and and continue to
support our President, since the republican party can't find
somebody who will represent our interests and keep his or her
gun in its holster, or at least not get caught.

“i hope we can change this!”

Since: Aug 08

usa

#17 Aug 6, 2011
Caribou Barbie wrote:
<quoted text>
And thanks to Rethuglican Nazi Fascism and the right wing christian evangelical policies of race extermination, the Fleaparty Racists are working diligently to achieve this vision for America right now.
Problem is, for the racist bigots like yourself, you'll still be here, not "raptured" to some mythical heaven somewhere, so guess who we'll be coming for?
The "haves" won't stand a chance against the "have nots."
You might as well consider taking the coward's way out now, just like your dear leader Adolph Hitler.
dear, you're EVERY bit as insane as that moron.

“Angry Antlers ”

Since: Sep 08

Miami

#18 Aug 6, 2011
Realist wrote:
<quoted text>Hey patty, did you see all the American flags and hear all the singing of the National ANTHEM at the fair in Wisconsin ? You know the huge beat down of anyone that was 'White' by 'Blacks'. Guess this is what Obama meant by leveling the playing field.
As if that actually happened.

LOL
Ex-GOP Con

Friendswood, TX

#20 Aug 6, 2011
By the next election cycle here is what the American people will remember after the GOP/TEA Birthers took over the house.

1) They shifted focus from jobs and the economy to defending DOMA and asking for birth certificates.

2) They almost pushed us into a government shutdown.

3) They pushed us into a credit downgrade through their political terrorism.

4) They held the American and world economy hostage.

5) They fought to kill medicare and medicaid.

6) But they sure fought vehemently for those top 1% wealthy people.

All at the expense of the economy and the middle and working class.

President Obama and Nancy Pelosi make over $250K a year and even they know the sacrifices they have to make and are willing to let the Bush GOP tax cuts expire for themselves. When will the GOP/TEA Birthers pay down THEIR debt?

==========
The right HAS become deranged.
==========
If tax cuts create jobs....where are they?
==========
Vote for Term Limits for Congress!
==========
Ex-GOP Con

Friendswood, TX

#21 Aug 6, 2011
When the average consumer incurs large amounts of debt on his credit card and doesn't pay it on time, the credit agencies reduce his credit score. Promises to cut back on spending are irrelevant. The credit agencies want to see that consumer paying off his debt before they will restore his credit rating.

Breaking news: S&P downgrades U.S credit rating.

China has already downgraded the U.S. The GOP/TEA fail to understand that cutting spending alone does not cut it. IT'S TIME TO LET THE BUSH TAX CUTS EXPIRE AND PAY DOWN THE DEBT! And we will not be able to accomplish this with the Terrorist European Americans obstructing President Obamas and the Dems attempts to restore America's financial house after years of spending by the GOP and the Dems.

==========
The right HAS become deranged.
==========
If tax cuts create jobs....where are they?
==========
Vote for Term Limits for Congress!
==========

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