Tuesday, April 19, 2011

Standard and Poor's Downgrade: Obama Is A Disaster

By Douglas V. Gibbs

The leftist's spending has increased America's national debt to the point that now Standard and Poor has issued a warning that America's triple A rating may be in jeopardy. This reveals that there are doubts about the United States' credit worthiness, and may also threaten the use of the dollar as the global reserve.

Rush Limbaugh said on his show that Standard & Poor's downgrade is telling the world that Obama is a disaster.

-- Political Pistachio Conservative News and Commentary

S&P Sounds Alarm on U.S. Debt - Financial Times

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