Today, President Barack Hussein Obama, a few days the United States credit rating went from being a “AAA” to a “AA+” downgrade in a decision by Standard and Poor or S & P decides to give a press conference, and what surprises me to NO END when President Obama still calls the USA a “AAA” nation DESPITE this downgrade. Well I have a set of “new words” in regards to what remains of the era of President Barack Hussein Obama and it came from the Drudge Report website:
IMHO, President Obama, because of the over-spending and over-taxing that has been going on the federal government level, and despite both the protesting by and the electing of “tea party movement” conservative Republicans to the USA House of Representatives in November of 2010 who were elected in order to bring not only fiscal sanity to the federal budget debt but also as a NEEDED WARNING that the American people have had ENOUGH of the lost of precious freedoms as well rightful fears about spending the USA into economic destruction.
Yet President Obama still believes that the United States is a “AAA” nation despite the downgrading late Friday by S & P. President Obama, why are you still denying the reality that the United States is STILL A “AAA” NATION?
Even the brief AP coverage says it all that President Obama is living in DENIAL. Denial President Obama is NOT A RIVER IN EGYPT.
“WASHINGTON (AP) — President Barack Obama on Monday essentially dismissed the first-ever downgrade of the U.S. credit rating, reassuring investors and the public that the nation’s leaders need only show more “common sense and compromise” to tame a staggering accumulation of debt.
Seeking to demonstrate command in a volatile economic climate, Obama said he hoped the decision by Standard & Poor’s would at least give Congress a renewed sense of urgency to tackle debt problems. He said that must be done mainly by taking on the politically difficult issues of reforming taxes and entitlement programs in the coming months.
In his first public comments on the credit downgrade, which S&P announced Friday, Obama said Washington had the power to fix its own political dysfunction.
“Markets will rise and fall,” he said. “But this is the United States of America. No matter what some agency may say, we’ve always been and always will be a triple-A country.”
This is why more than ever, the upcoming November 2012 United States Presidential elections as well as the United States House of Representatives and Senate elections are going to matter more than ever before. More than ever, THERE WILL BE A NEED for a major cleaning up of the home that is called the United States of America.
This is not just only a call from an American who supports those who are not just are active in the tea party movement, but an American who is very deeply is worried about the course of the direction the United States of America.
With MANY THANKS To Both AP And YouTube. Watch Video Here:
“President Barack Obama says the U.S. always is and always has been a triple-A country, despite its rating agency downgrade. (Aug. 8)”
Full video of President Obama’s speech/presser.
With MANY THANKS To Both Joegerarden And YouTube. Watch Video Here:
With MANY THANKS To Ben Feller, AP White House Correspondent. Read More Here:\”Obama Calls US AAA Nation Despite AA+ Rating\”
With MANY THANKS To Matt Drudge And The Drudgereport. Read More Here:\”DrudgeReport\”