Tuesday, August 9, 2011

America's Downgrade

Aug. 9, 2011

The erosion of our country continued last week with the downgrade of America’s bond rating. Standard & Poors, an actual investment intelligence company, has changed their rating of U.S. credit as AA+ as opposed to AAA. The Obama administration, at the grand old age of 2 1/2, disagrees. S+P has been around a little longer. About 150 years more, so, they may be slightly more knowledgeable than the president’s men. Of course, you can read about it at:

S&P web site

Our president continues to lead us down the wrong path. He warned us that changes were coming – and, like Ed McMahon introduced Johnny Carson, they’re heeeeeere. A failed stimulus, higher gas prices, debt, and unemployment, a bad economy, and now a debilitating downgrade. It occurred because Mr. President and his Democrats wouldn’t compromise. They’re stubborn. This is the true party of “no.” They laid the evidence down before us when they refused to even discuss the Bush plan to fix Social Security in the middle of the last decade. Jason Mattera said just yesterday that if government spending (Obama’s stimulus) were “this nirvana,” we’d be seeing the results by now. He reminded us that after the Bush tax cuts, we were at 4.6% unemployment, the Dow [Jones] was around 14,000, and there was more revenue flowing into the treasury than ever.

America finds itself on par with countries like Belgium.

Remember that Mr. Obama told the Egyptians in Cairo that [our] colonialism denied rights to many Muslims and that [western] civilization has a debt to Islam. He stood up for a citizen against a law enforcement officer early in his presidency, before learning all the facts of the case. He once explained that American exceptionalism is the very same as Greek or British exceptionalism. Except that it’s not.

Recall his inaugural address: “Starting today, we must pick ourselves up, dust ourselves off, and begin again the work of remaking America. The state of our economy calls for action: bold and swift. And we will act not only to create new jobs but to lay a new foundation for growth. We will build the roads and bridges, the electric grids and digital lines that feed our commerce and bind us together. We will restore science to its rightful place and wield technology's wonders to raise health care's quality... and lower its costs. We will harness the sun and the winds and the soil to fuel our cars and run our factories. And we will transform our schools and colleges and universities to meet the demands of a new age.” Oh, really, a new age of…America down the toilet? November, 2012 can’t come soon enough for me. Let’s plan to vote this guy and his destructive policies and administration out of office!


Scott Martin #1

Scott Martin #2


Murphy Klasing

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