Tuesday, November 29, 2011

ANOTHER U.S. DEBT WARNING


Fitch Ratings, one of three companies that rate national, state and local governments, has moved the U.S. debt rating from AAA+ to AAA-, indicating that a further downgrade may occur.  Moody’s has also indicated it may reduce their U.S. debt rating soon and Standard & Poor’s may lower their rating again.  This comes in response to the failure of the so-called “Super Committee” to deal with the debt issue. 

COMMENTS:
WHEN ARE THIS DAMNED CONGRESS AND PRESIDENT GOING TO DO SOMETHING ABOUT IT?  Aren’t they practically begging Americans to march on Washington and throw them out? 

TODAY’S QUERIES & ANSWERS:
Q. So, Obama did a Thanksgiving Day address for America and thanked this and that agency but never once thanked God.  What does that say about the man? (Shelly ~ Cheyenne, WY)
A. For Obama to thank God is redundant.  He does not report to Congress, the Supreme Court or the American people and he does whatever he wants regardless of what anyone thinks or says.  In his mind, he IS God and therefore should not be thanking himself. 

Q. Should we go back to the gold standard?  (Prentice ~ Pasadena, CA)
A. Don’t even think about it.  There is not one politician alive with the guts or fortitude to put the U.S. in the position of having to be financially responsible.  That is proven by the fact that the House just refused to pass a balanced budget amendment to the Constitution.  Our Congress and our President are sick, sick, sick. 

Q. There seem to be more and more calls for Hillary Clinton to either run for President or to replace Joe Biden on Obama’s ticket.  Do you think that might happen?  (Leland ~ Reno, NV)
A. Obama would toss Biden overboard in an instant if he thought Hillary would get on his ticket.  But, she is not as dumb as she looks; she would become tainted by Obama’s dismal failure and thereby reduce her chances if she decides to run in 2016.   

TODAY’S QUOTE:
“Because our military power dwarfs that of other countries - we spend more on defense than the rest of the world combined - this Administration believes that alliances and international institutions are more of a burden than a benefit. They allow the Lilliputians to tie down Gulliver.” ~ Joe Biden

TODAY’S VIDEO: 

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