President Obama's Statement on Credit Downgrade

The President assures Americans that, "we will always be a triple-A country." August 8, 2011.

Category:

News & Politics

Tags:

• default
• debt
• S&P
• credit downgrade
• Dow
• stock market
• tax reform
• rating agencies
• Afghanistan
• Navy SEALS
• Taliban

[paulstrong123]

President Barack Obama is now the undisputed “Worst President in U.S. History.” He can place this award on his mantle next to the Nobel Peace Prize. :-(

As President, it is clear that Barack Obama is dangerously in over his head for he has no executive experience, no business experience, and no real world experience. As a Chicago community organizer, he has been thrust into the most important position in the world without the necessary skills to handle this crisis.

SOMEONE ELSE 2012! :-)

[djjk12]

Epic Failure. !!!

[wtong89]

Republicans was OK to raise the debt ceiling for President Bush and to give him blank checks to invade Iraq. But when President Obama needs money to finance the government (which includes all of the spending bills + tax cuts the Bush Administration implemented) Congress refuse. So it is okay to use tax payer money to invade a country than to use tax payer money on TARP or other stimulus packages? Govt has to run budget deficits in a recession, it's normally and imperative.

[wtong89]

@paulstrong123

I love how everyone points the finger at Democrats but when a Republican screws up it is obviously okay. Democrats do screw up but so do Republicans, if you have to blame someone be fair!! GOP controlled House+Democrat controlled Senate + White House. Blame both parties. By the way, no one was worse than President Warren G Harding. President Obama is actually not all that bad, he has some bad decisions but I think his predecessor was more of a spender than he is.

[MrChatItOut]

this a great video, i found this one on chatitout (.com) website

[evilmalakuma]

@paulstrong123 Sir, How you dare to show facts about a black president?. You must be definitively a racist. Everybody knows that blacks could not do wrong.

[AeroArrowNOTHD]

S&P stated in their rationale that "Political brinksmanship" (AKA "when the Tea Party almost forced us to default") was the main reason for the downgrade. I don't associate myself with either party...but republicans in are fighting Obama on every action he tries to take, making it hard for him to do anything. I'm sick of political parties looking out for themselves and not our country as a whole. It's sickening.

[dkoribag1]

Gary Johnson is the best presidential candidate for the american people. He has the most logical and ethical economic solutions for this nation as a whole. I ask that you at least research him, and if you do not, if I did know you, I'd have to ask, why are you voting when you do not have all the facts? Why vote only for your own sake instead of for the sake of our nation and the greater good? Take some time and read, and see what else is out there? besides what the media tells you

[Senehtsotara]

It was the Republicans who brought about the downgrade as anyone who actually followed the story knows.

OBAMA 2012

[paulstrong123]

10 years ago, we had Steve Jobs, Bob Hope, and Johnny Cash.

Now, we have no JOBS, no HOPE, and no CASH :-(

You can thank Obummer for that!