WHAT HAPPENS WHEN YOU HAVE MORONS IN CHARGE OF OUR ECONOMY; GEITHNER AND OBAMA TWO GUYS THAT NEVER HAD A REAL JOB? LOSS OF AAA STATUS, THAT'S WHAT!

Readers of this blog will remember that we called this long before it was in Vogue to predict the lowered rating for our country.

Let's face it, it is shocking that the country could continue to think that it deserved a AAA rating with its insurmountable debt accumulation and the irresponsible deficit spending fueled by two financial morons-Geithner and Obama would spare us the downgrade?

Mr. Geithner just said that he never had a "real job". Obama never had a real job either...in fact only about 5% of Obama's appointees had any real jobs! Now you see the results...and it is no surprise. He even said in April on multiple interviews, that there is no way the AAA RATING WOULD BE LOWERED...remember this is the guy that let's TURBO TAX do his taxes....( or should we say not do).

This kind of reminds me of Rome burning while the emperor fiddles. Obama had a great birthday party for himself the week of the downgrade.

The reality is simple...the fact that this country has no plan to stop the trillion dollar deficits in the foreseeable future, and it has over $100 trillion in future obligations, it has no reason to be rated as AAA. That is the simple fact.

The nonsense that resulted in the recent debt "compromise" is meaningless in the big picture sense. Nothing will stop the trillion dollar annual deficits and nothing will stop from thus increasing the debt by the same amounts...there is no possibility of repayment and no possibility to see a balanced budget, ever!

Oh, it was interesting to note that Warren Buffet, that Obama supporter now turned pragmatist who just had a solution to solve the deficit.

Buffet suggested that the entire problem would be solved immediately, if a new law was passed that stated that whenever the deficit was over 3% of GDP, no existing member of Congress would be eligible for re-election. problem solved!

I would add to that to say that whenever there was any deficit, they would not be eligible for re-election!

Also, I do not understand the concept of re-distribution of income and benefits like Obama wants.

Let me see, I work my butt off 80 hours a week, pay my bills and then the government wants to take at least half of my income and give it to people that do not get off their butt and live on Section 8 housing vouchers paid for by my work?

I do not feel that anyone should get that type of handout...why?

Being poor, for the most part is a choice....YES believe it...ok a few people that may have serious medical issues may be excluded from that comment, but then again that should be a serious screening.

I like to use the example of two waitresses working to support their family. One works at an upscale restaurant, and makes $700-$800 a week in tips, and another chooses to work ( emphasis on the word chooses) at a Denny's and makes $200 a week in tips. get my point...choose better, make a better choice....!!!!!Finish school, apply yourself, etc!!!!

Every person knows that in managing our own personal financial lives, we spend what we make or just up to the limits of our credit cards, right?

So why do these morons we send to Washington, who manage their own checkbooks, can not in the least manage the nation's checkbook?

WE NEED A VOTER'S REVOLUTION IN 2012.....ELECT A NEW GROUP FROM BOTH PARTIES...WITH THE COMMITMENT TO END SPENDING, TO STOP THE DESTRUCTION OF AMERICA.