Breaking News!!! Oh Crap. S&P Downgrades US Credit Rating

POLITICO Breaking News
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Credit rating agency S&P has downgraded U.S. debt from AAA, the first debt downgrade in U.S. history, the Associated Press reported.

For more information: http://www.politico.com

Oh Good Grief  :(    Hold on kiddos, a giant shiite storm coming.

~Steve~

~Eowyn

28 Responses to Breaking News!!! Oh Crap. S&P Downgrades US Credit Rating

  1. This is hard to believe, one would think that Obama gave strict orders to S & P that they could not lower our rating below AAA. He seems to be interfering in everything else, why not our ratings? Oh well, this, too, will be the fault of the Tea Party, the Conservatives and the Republicans, along with anything negative the Liberals can cook up.

    Clifton Lee West

  2. Ohhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhh shit!

    Pretty sure the Comrade Chairman is happy as hell, though, as this will make his task that much easier.

    Nice going, you stoopid American Idol-hypnotized zombie sheeple.

    -Dave

  3. Am I The Only One?

    As long as the American voter continues to vote for “Political Party Candidates”; America’s continual slide into the sh*tter is a Un-Preventable!

    “Hello;……Wake-Up-People!!”

  4. Good grief we are so hosed…

    Please please get us a decent candidate to get Bambi gone before it’s too late.

    • DCG,

      We’re forked, filleted, processed, chopped, pressed, fried, boiled, grilled, steamed, nuked, poached, marinated, and fricasseed.

      And did I mention we are royally screwed?

      -Dave

      • Yeah that sums it up…and my Lib mom & I just got in a fight (not about politics) so I’m especially cranky right now…

        We are more than royally screwed…cannot publish what I’m really thinking but I’m sure ur having the exact same thoughts…

        • “cannot publish what I’m really thinking but I’m sure ur having the exact same thoughts…”

          LOL – Yeah, I don’t want to cheese off Eowyn, as I think rather highly of her, and I try not to soil her blog too terribly often – though I do tend to have my emotional outbursts at times.

          Call it a personality disorder. :-)

          -Dave

        • Hey, I hear you, too. :)

  5. Hope and Change! It ain’t Bush’s fault, Demo-rats!

  6. lowtechgrannie

    Do you get the feeling Standard & Poors might be closet Tea Partiers?

  7. lowtechgrannie

    Sage_brush, I think you’re probably right.

  8. Mad Angel is on FB

    Jefferey Toobin says it all they have a horrible record…just look at 2008

    This was intentional….remember these are the same guys who gave AAA ratings to the too big to fails just before Lehmans went under…We keep hanging on so they did this to increase their incomes through higher interest rates…..

  9. lowtechgrannie

    Sage_brush, my friend Kelleigh, wrote up a good article on Rick Perry and his background. I’ll post it here now that I have more free time. :D

  10. Am I The Only One?

    What Creek are We Up?………….And Who Foregot the Paddle?

  11. boy oh boy Boehner! are you proud? this would have happened anyway,without you giving the ursurper trillions to spend. WTF?

  12. You know they held off downgrading as long as they could for political reason… and you know its a lot worse than the AA+ it’s reported to be.

    We will all wake up one morning to a significant downgrade and thus officially begin this new and improved Great Depression the government and media have hid for the last 4 years.

    Hope you all bought gold when it was $350 an ounce… if not, you might want start building your own printing press as a loaf bread will be shooting up to $1k in the near future.

    Hope for Change!

    • we are in debt a great bit more than the fudged numbers (like the unemployment stats) would indicate….to the tune of $ 61 TRILLION….

  13. Tea Party Terrorsists TPT has succeeded where Osama Bin Laden couldn’t. Norway Christian Terrorists only used bombs and bullets. TPTs crashed the entire financial, economic and social system.

    ConGrats

    • Yeah, right. It’s the Tea Party that put a gun to Obama and Congress’ bloated heads to pass the Budget Control Addicted to Debt Act of 2011 that immediately raised the U.S. debt limit by trillions of dollars. It’s the Tea Party that put a gun to Obama’s head to immediately borrow trillions of dollars, which instantly increased the national debt to an amount equal to America’s GDP, which then led to S&P downgrading our credit rating. What planet do you live on?

      But then I really shouldn’t expect you to have working brain cells since you can’t even spell. Terrorsists! Nor do you even know what “terrorist” means.

    • IDIOT…go stick your finger back up your nose.

  14. Canadians tolerate Ontario like we tolerate the District of Columbia…
    like snotty little brothers that tattle and whine (bunch of hosers)….and Toronto is where that type clusters. Viva la Quebecois, eh !

  15. Just got MorganStanley statement for July & I yielded 2.15% increase….scared to death to see what August statement will be.

    Cannot take this hopeandchange much longer!

  16. “After US Downgrade, This Could Get Ugly,” by Kenneth Rapoza, Forbes via Yahoo! News, 7 Aug 2011
    http://news.yahoo.com/us-downgrade-could-ugly-003937723.html

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