Friday, August 5, 2011

UPDATED: OBAMANOMICS HAS DELIVERED EXACTLY WHAT WE ON THE RIGHT SAID IT WOULD: AN ECONOMIC CATASTROPHE

S&P said the downgrade "reflects our opinion that the fiscal consolidation plan that Congress and the administration recently agreed to falls short of what, in our view, would be necessary to stabilize the government's medium-term debt dynamics.
OBAMA AND HIS COMRADES ARE ENTIRELY RESPONSIBLE FOR THE USA RECEIVING ITS FIRST EVER DOWNGRADE.
S&P said the downgrade "reflects our opinion that the fiscal consolidation plan that Congress and the administration recently agreed to falls short of what, in our view, would be necessary to stabilize the government's medium-term debt dynamics.
OBAMA AND REID AND PELOSI.


IT IS ENTIRELY THEIR FAULT. ENTIRELY.

WHY? SIMPLE:

THEY DIDN'T ALLOW CONGRESS TO PASS BIG ENOUGH CUTS.


REPEAT: THEY DIDN'T ALLOW CONGRESS TO PASS BIG ENOUGH CUTS.




REPEAT: THEY DIDN'T ALLOW CONGRESS TO PASS BIG ENOUGH CUTS.



S&P said the downgrade "reflects our opinion that the fiscal consolidation plan that Congress and the administration recently agreed to falls short of what, in our view, would be necessary to stabilize the government's medium-term debt dynamics.
NO SURPRISE HERE:

CLASS WARFARE AND PROFLIGATE SPENDING AND CRONY CAPITALISM ARE ALWAYS RECIPES FOR ECONOMIC CATASTROPHE.


OBAMA AND HIS COMRADES PROTECTED THEIR PALS RECEIVING THE BENEFITS OF FEDERAL SPENDING...


... OBAMA AND HIS COMRADES DID NOT PROTECT THE TAXPAYERS.


S&P said the downgrade "reflects our opinion that the fiscal consolidation plan that Congress and the administration recently agreed to falls short of what, in our view, would be necessary to stabilize the government's medium-term debt dynamics.
OBAMA AND HIS EFFIN' LEFT-WING BASTARDS NEVER EVEN PASSED A BUDGET DURING THE TWO YEARS THEY CONTROLLED THE ENTIRE FEDERAL GOVERNMENT.



S&P said the downgrade "reflects our opinion that the fiscal consolidation plan that Congress and the administration recently agreed to falls short of what, in our view, would be necessary to stabilize the government's medium-term debt dynamics.
WHAT ASSH*LES.


AND IT'S ALL BECAUSE OBAMA AND HIS COMRADES WOULDN'T ALLOW THE GOP AND THE TEA PARTY WHICH PUT THEM INTO POWER CUT MORE FROM THE FEDERAL BUDGET.
S&P said the downgrade "reflects our opinion that the fiscal consolidation plan that Congress and the administration recently agreed to falls short of what, in our view, would be necessary to stabilize the government's medium-term debt dynamics.
FOR DAMAGING OUR NATION'S CREDIT-RATING AND RAISING THE COST OF BORROWING FOR THE GOVERNMENT AND THE PEOPLE, EVERY DEMOCRAT WHO PREVENTED LARGER CUTS SHOULD BE TOSSED FROM OFFICE.

ER UM... THAT'S EVERY DEMOCRAT!

AND THEY THEY SHOULD BE TARRED AND FEATHERED!

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