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I'd like to add he is also the president who 'responsible' for the capture of Osama Bin Laden.
We lowered our long-term rating on the U.S. because
we believe that the prolonged controversy over raising the statutory debt ceiling and the related fiscal policy debate indicate that further near-term progress containing the growth in public spending, especially on entitlements, or on reaching an agreement on raising revenues is less likely than we previously assumed and will remain a contentious and fitful process.
Originally posted by mugger
Clinton was the First black president if i recall. Obama will be declared worse than Jimmy Carter.
How can he be not declared any worse?
Originally posted by Alxandro
She is right, it's called taking the good with bad because Presidents are responsible for everything that happens under their watch.
Originally posted by isthisreallife
My grandma was staying at my house this morning and she had Fox News on. I was half-listening when I heard this woman speaking about Obama and the Economy.
Amilya Antonett is the CEO of AMA Productions and had this to say about Obama and the economy:
For those who cant watch the video she says:
"Obama will not be known as the first black president but the president who had a downgrade"
"As a CEO in inherit a mess everyday, that is my job title to fix problems to unite people in harmony for one goal, he can't get the people in the white house, I don't care if your red or blue. Your job is to make people work in harmony for one common goal, the common goal is that this country is a safe, secure country. This is the American Dream, what are you doing to our country?"
She said Obama should apologize for not leading this country to success.
No matter your opinion of Obama or the Red/Blue Paradigm, she raises good points. It was recorded on an Ipad 2 which is why it is shaky. Sorry about that.
New Low: 17% Say U.S. Government Has Consent of the Governed
Sunday, August 07, 2011
Fewer voters than ever feel the federal government has the consent of the governed.
A new Rasmussen Reports national telephone survey finds that just 17% of Likely U.S. Voters think the federal government today has the consent of the governed. Sixty-nine percent (69%) believe the government does not have that consent.....
Perhaps it's no surprise voters feel this way since only eight percent (8%) believe the average member of Congress listens to his or her constituents more than to their party leaders. That, too, is the lowest level measured to date. Eighty-four percent (84%) think the average congressman listens to party leaders more than the voters they represent.
Voter approval of the job Congress is doing has fallen to a new low - for the second month in a row. Only six percent (6%) now rate Congress' performance as good or excellent.....
Democrats and voters not affiliated with either political party are more inclined to think the government does have the consent of the governed, but sizable majorities of all three groups don't believe that to be the case.... www.rasmussenreports.com...
...Gold prices have gone up because of the devaluation of the US dollar, Celente points out. He argues that America is heading into the Greatest Depression and believes that everything Washington is doing will not salvage the economy.
“Why would any thinking adult look at the Republicans and the Democrats, the inepts and the incompetents, to come up with a program that’s going to salvage the nation?lewrockwell.com...
If these events are the first thing you think of whenever you think of Reagan and Bush, then they must be memorable enough to validate the point of this thread, which is that Obama will be remembered as the downgrade President.
reply to post by Alxandro
I think Hinkley was responsible for shooting Pres. Reagan, Al-Qaeda was responsible for planning and executing 9-11, Pres. Obama was responsible for bagging Bin Laden and the Tea Party was responsible for scuttling the deal that the S&P said would have worked - the long term "Grand Bargain" Boehner agreed to before the TP started cheering for default.
That deal is what S&P describes as what it was hoping for in it's explanation for the downgrade...long term, entitlement reforms, revenues, debt reduction.
The S&P explains themselves clearly as to what caused the downgrade, not a mystery.
Not complicated. The Tea Party was thumping their chest taking credit for the debacle, now they are ducking their heads and claiming they had nothing to do with it. Some Americans are dumb, but most are bright enough to remember what happened a week ago.