|Credit Decline Caused Trader to Pull Out All His Hair|
The Tea Party wants real cuts to spending and a balanced federal budget.
S&P Downgrades our credit rating and today downgrades Fannie and Freddie. S&P sites the reason for the US credit downgrade due to our debt being to high a percent of our GDP.
The Democrats Senate Majority Leader called the GOP Cut, Cap and Balance the worst piece of legislation in the history of America and would not allow a vote on the GOP budget plan.
The Democrats have increased spending faster that any time in the past.
The GOP and Tea Party passed the only plan that would have kept us from experiencing a credit downgrade and today the White House, the Dems and the media are blaming the military and the Tea Party for our most recent economic disaster.
Conclusion: The liberals are liars and want to brain wash the masses. What the Dems are doing is the opposite of what the credit rating agencies want and blaming conservatives. Thereby once again proving that Liberalism is a mental disorder.
We believe that if you still support Obama you are either uninformed or blind to reality. Either way you are the cause of our problems and not the Tea Party or the conservative wing of the GOP.
S&P Further Downgrades: http://www.cnbc.com/id/44058747
Tea Party to Blame: http://www.washingtontimes.com/news/2011/aug/7/democrats-seek-to-pin-credit-downgrade-on-tea-part/
Barney Frank Blames Military: http://hosted.ap.org/dynamic/stories/U/US_US_DEBT_RATING_FRANK?SITE=AP&SECTION=HOME&TEMPLATE=DEFAULT&CTIME=2011-08-08-07-24-28