It’s Official:

It happened. After quite incredible reports of miscalculations, it happened. The thing that is perversely both meaningless and full of meaning was announced on Friday evening New York time. The United States of America is now rated AA+ with negative outlook by Standard & Poor’s.

But, but, UNEXPECTEDLY!

After all, weren’t we told that through the heroic efforts of McCockless and Boner sure disaster was averted? That their historic “cuts” were bound to set us on the path to recovery and assure the world’s financial markets that we were serious about getting the DC spendaholics under control?

Of course, there were some of us “hobbits” out here who insisted that said financial markets really weren’t as worried about a not-going-to-happen-unless-Ogabe-decides-to-MAKE-it-happen “default” as they are about the insane spending trajectory that DC has set us spinning out of control along, but what do WE know compared to the sage, brilliant minds of McCockless, Boner and the entire editorial board of the Weakly Standard?

Apparently quite a bit.

Thatisall.

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LC GladiatorVonZorch Imperial Researcherlc purple raiderLC Big EvilLC HJ Caveman82952 Recent comment authors
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LC Gladiator
LC Gladiator

Obama loses our AAA credit rating August 5, 2011 by Don Surber S&P held the bad news until Friday evening so the president would have 3 days to prepare his excuse. But no matter what his excuse is, Barack Obama did this to the nation. Make no mistake. He borrowed $3 trillion-plus. His call. His failure. Hope. Change. Third World.… Read more »

LC Gladiator
LC Gladiator

Rotties=any bets on how long it will be before a certain liberal/marxist poster blames;
a) the TEA party
b) the Republicans
c) Bush

Closest guess wins

LC HJ Caveman82952
LC HJ Caveman82952

Don’t forget our refusal to raise taxes, Gladiator…… I did compose a list of suggestions and sent it off…no replies yet… Eliminate, just for starters…. Dept. of Education Dept. of Energy EPA NEA PBS Repeal Obama care…. All czar positions…..staffers… Elininate ninety per cent of federal regulations Separate govt from banking, forever, aside from necessary regulatory law to protect the… Read more »

LC FX Phillips
LC FX Phillips

His most gracious and benevolent majesty says But, but, UNEXPECTEDLY! Quite frankly I’m wondering what took them so long. A fifty percent increase in the national debt since 2008 and trillion dollar deficits based on overly rosy scenarios(4% growth when the country over the last 60 or so years has grown at about 2.5%, believe me at the astronomical amounts… Read more »

LC HJ Caveman82952
LC HJ Caveman82952

Obama sees himself as Gods gift to the planet…his ego allows no other possibility……let us help it become his undoing…..the left is freaking out, the Tea Partiers stopped them in the house..the RINOS becoming irrelevant,.this is for real, bit time stuff….and the chickens are comin’ home….. I’m a prepper, I hope you all are too…..the sponge vote will want your… Read more »

LC Sir M - Imperial Tobacconist™, K.o.E.
LC Sir M - Imperial Tobacconist™, K.o.E.

Hate to say I told you so, but… The house of cards is on shaky ground, pups. Unemployment levels higher, and for longer, than during the Great Depression. The stock market loses eight months of gains in a single day. More Americans than ever on food stamps and other government “assistance” programs. Homeowners watching the value of their home cut… Read more »

Sir Fresh Sign
Sir Fresh Sign

Jugears Owns This.. WIll be entertaining to watch the resident apologist contort to deflect this.. And if you want to blame Congress, then why don’t you apply any blame for the recession which started two years after Pelosi took the gavel in 2006?

Blackiswhite, Imperial Consigliere
Blackiswhite, Imperial Consigliere

My pet lib and the ones I spar with on FaceChimp have been eager to join in the absurd cries that the S & P did it because there were no tax increases. Even when there will be no more discretionary spending because it will be needed to service the debt, their answer will be they can’t have free stuff… Read more »

Sir Fresh Sign
Sir Fresh Sign
Lady H
Lady H

LC HJ Caveman82952 @ #: Honey, Sometimes I think the Jr Senator turned POTUS thinks he IS G-d. Well, here is yet another comeuppance for him that he is not. I’d laugh, but there are too many people hurting or will be hurting because of this President’s and his party’s (Democrats and RINOs) policies. We have got to take at… Read more »

Lady H
Lady H

Sir Fresh Sign @ #:

How about he resign for starters?

Cortillaen
Cortillaen

LC Sir M – Imperial Tobacconist™, K.o.E. says: Hate to say I told you so, but… The house of cards is on shaky ground, pups. Unemployment levels higher, and for longer, than during the Great Depression. The stock market loses eight months of gains in a single day. More Americans than ever on food stamps and other government “assistance” programs.… Read more »

LC FX Phillips
LC FX Phillips

Blackiswhite, Imperial Consigliere @ #:8 says My pet lib and the ones I spar with on FaceChimp have been eager to join in the absurd cries that the S & P did it because there were no tax increases. From the American Thinker the press release accompanying Standard and Poor’d decision on the down grade. The money quote about half… Read more »

LC HJ Caveman82952
LC HJ Caveman82952

I need to tweak my stuff…fill in some blanks.but we could go a looooong time. But Mary and her treatments……man, this is a bitch. And if any rotties were in the area and needed a place to eat and crash…….not a problem….ants welcome, grasshoppers keep walkin’……I’m just glad I did what I did when I could………

LC Aggie Sith, a goddess, only different, G.G.O.R.
LC Aggie Sith, a goddess, only different, G.G.O.R.

My question is, will Obama admit he inherited the AAA rating from Bush?? 😀

LC Sir M - Imperial Tobacconist™, K.o.E.
LC Sir M - Imperial Tobacconist™, K.o.E.

LC HJ Caveman82952 says:

ants welcome, grasshoppers keep walkin’

LOVE IT! :em01:

LC Light29ID - The Imperial Asshole
LC Light29ID - The Imperial Asshole

The Dow loses 500 points and he has a hip-hop birthday party.

We lose our AAA rating and he flees to Camp David

31 brave Warriors killed today and *crickets*

We need The Lord Almighty to lay some good old fashioned Old Testament wrath down on us to get this country’s collective head out of its ass.

noahquackenbush
noahquackenbush

Gotta hand it toO’bumbles…he keeps being an innovator/pioneer… 1) First black president Check 2) Most debt eva Check 3) Downgrading of U.S. credit rating Check See, he is a God, you folks are just to dumb to know it. Sarcasm off A quick question for those inclined to respond. I have often wondered what the ramifications would be if say… Read more »

Radical Redneck
Radical Redneck

LC Aggie Sith, a goddess, only different, G.G.O.R. @ #:

My question is, will Obama admit he inherited the AAA rating from Bush?? 😀

Here you go Aggs! :em01:

Shaitana
Shaitana

DOn’t forget about the roving gangs of ‘kill whitey’ people out there… just watch the news (oh wait, you have to goto drudge cuz the MSM doesn’t want to touch it. I am trying to prepare, but with 4 kids and just barely enough money it’s slow going. Lord help us all, I just hope we have enough ammo.

LC IB CiSSnarl5.7 Imperial Foreign War Correspondent
LC IB CiSSnarl5.7 Imperial Foreign War Correspondent

noahquackenbush says: Gotta hand it toO’bumbles…he keeps being an innovator/pioneer… A quick question for those inclined to respond. I have often wondered what the ramifications would be if say a state like Alaska decided to ignore the Federal government. Say, ignore drilling bans, etc. If the money the state sends to D.C. is more than what they get back, for… Read more »

LC Sir Clambake, Imperial Black Ops Technician, K.o.E.
LC Sir Clambake, Imperial Black Ops Technician, K.o.E.
sleeper
sleeper

LC HJ Caveman82952 @ #:

…and BATFE.

LC IB CiSSnarl5.7 Imperial Foreign War Correspondent
LC IB CiSSnarl5.7 Imperial Foreign War Correspondent

Shaitana says:

DOn’t forget about the roving gangs of ‘kill whitey’ people out there…

You were saying ??

Gangs at State Fair

http://www.jsonline.com/news/milwaukee/126828998.html

DarkStar
DarkStar

LC HJ Caveman82952 @ #: “Eliminate all lobbying…..” The only way to eliminate lobbying is to change the tax code. The lobbyists exist to get the tax code changed to give a break to some company so they can either compete or eliminate the competition. The lobby/congress-critter CORRUPTION happens when the congress-critter gets a BIG payoff, as in campaign contribution.… Read more »

Odahi
Odahi

In unrelated news: Armed citizen takes gunman into custody in Seattle. The quote from the Sheriff’s Office: “That’s very unusual, very surprising, and not recommended,” Urquhart said of the citizen who intervened. “This guy did a great job, but we don’t recommend doing that. You certainly do that at your own risk.” And he might have injured the poor choirboy… Read more »

LC Gladiator
LC Gladiator

noahquackenbush @21

The National Guard would be dispatched to arrest the Governor.
Should the LtGov not comply they would be arrested too,etc,etc
Eventually, martial law would be declared by DC and a military governor appointed to take charge.

Crisis over

Odahi
Odahi

Linkee no workee- let’s try again…

Or maybe I’m just dense… “Never mind” /Emily Litella

[Odahi, Gunsniper covered you, but I figured I’d fix it anyway, just for the practice. (You’re welcome. (grin)) -The Management™]

LC Gunsniper
LC Gunsniper

Don’t worry Odahi, I have your back.

LC Gladiator
LC Gladiator

But, but, UNEXPECTEDLY!

Dear pResident 0bama,
HOW friggin STUPID do you have to be to understand that collecting $1.00 in taxes and turning around and spending $1.41 will lead to disaster????

LC HJ Caveman82952
LC HJ Caveman82952

Bambi has overplayed his hand.
He thought he could delay, then move the goal posts…..then bluff….
He guessed wrong………
The Tea Party saw to that
We simply need to make sure blame is given to whom it belongs.
The demos screaming we must raise taxes….
No we don’t.
Make more cuts……a lot more…………
We could send suggestions……
I do have one in mind…… :em07:

LC Big Evil
LC Big Evil

Need to adjust that. It’s Collect $1.00 in Taxes. Throw $.25 of that, in the Golf/Vacation/Party Fund. Then take $.25 of it, and send it as Aide to anyone BUT an ally. Now take $.25 again, and spread that out amongst the cronies and to support the greenies and unionistas, another $.10 goes to the “I got my Hand Out… Read more »

lc purple raider
lc purple raider

HOW friggin STUPID do you have to be to understand that collecting $1.00 in taxes and turning around and spending $1.41 will lead to disaster????

What is worse is that Obongo wanted to have $3.00 in taxes and $5.41 in spending.

If we have an election, November 2012 can’t come soon enough.

VonZorch Imperial Researcher
VonZorch Imperial Researcher

Odahi says:

“That’s very unusual, very surprising, and not recommended,” Urquhart said of the citizen who intervened. “This guy did a great job, but we don’t recommend doing that. You certainly do that at your own risk.”

I have to agree with that, don’t try to arrest the goblin, just weight it down with some lead.

LC Gladiator
LC Gladiator

The Signs of Recession 2.0 Continue To Grow This week is only half gone but signs of a downturn continue to pile up. Job Openings still low: The number of job openings in June was 3.1 million, essentially unchanged from May. Openings have been relatively flat since February 2011 and remain well below the 4.4 million openings when the recession… Read more »