Tax the rich, put unions in control, nationalize healthcare, weaken the military and make everyone dependent on government handouts seems to be Obama’s plan for America but it hasn’t worked out so well for France and other European countries that have embraced Obama’s socialist ideology years ago. Insanity is doing the same things over and over and expecting different results. Does anyone really believe that the Chicago thug community organizer can make socialism work when it has failed the world over?
Post Tagged with: "credit rating"
November 15, 2011 22:12
Moody’s ready to downgrade US credit rating if committee fails
Another credit downgrade is in the works in the likely event that the super committee punts on reining in spending and reducing debt. It seems all they can do is rearrange the deck chairs on the Titanic.
July 22, 2011 07:23
Rubio: Debt rating companies are requiring at least $4 trillion in cuts to keep credit rating
The rest of the story on the ratings agencies concern about default. There have to be cuts. Sen. Marco Rubio on the senate floor speaks plainly about politicians addiction to spending other people’s money.
July 6, 2011 05:21
Portugal’s debt is downgraded to junk status by Moody’s
The agency said there was a growing risk the country would need a second bail-out before it was ready to borrow money from financial markets again. – BBC News
April 19, 2011 04:53
Bill O’Reilly: “Obama believes his job is to set up a quasi socialist society”
Bill O’Reilly went off on Barack Obama tonight on The Factor. The popular host told Brit Hume, “I think absolutely the president wants to take from the rich and give to the poor.”
April 19, 2011 04:38
Thank you Barack – S&P Lowers U.S. Debt Outlook To “Negative”
Borrowing from Peter to pay Peter? Shep is misinformed on what happens if we don’t raise the debt limit. The US will not have to default on loans it will have to stop spending.
December 14, 2010 06:03
US may lose Aaa credit rating with flawed tax deal
Moody’s warned on Monday that it could move a step closer to cutting the U.S. Aaa rating if President Barack Obama’s tax and unemployment benefit package becomes law.
July 19, 2010 06:05
Ireland Credit Rating Cut by Moody’s on Debt Outlook
Is the US next? The Dublin-based Economic & Social Research Institute on July 14 forecast that the deficit may widen to 19.8 percent of GDP this year, in part because of government pledges to inject 13 billion euros ($16.9 billion) into two banks. Currently the total debt to GDP ration is worse in the US than in Ireland.
May 10, 2010 04:57
U.S. Debt Shock May Hit In 2018, Maybe As Soon As 2013
Spiraling debt is Uncle Sam’s shock collar, and its jolt may await like an invisible pet fence. “Nobody knows when you bump up against the limit, but you know when it happens it will really hurt,” said fiscal watchdog Maya MacGuineas of the Committee for a Responsible Federal Budget.
March 22, 2010 04:52
Obama Pays More Than Buffett as U.S. Risks AAA Rating
“It’s a slap upside the head of the government,” The bond market is saying that it’s safer to lend to Warren Buffett than Barack Obama.
