8.5.11

Happy Birthday Mr. President! We got you AA+ rating from S&P... Happy birthday to you, Hap... Wait, wha? Oh, that's a bad thing... ummm. Rut roh.

Just more proof that the Tea Party is a bunch of economic terrorists.

By the way, that's a rating from a bunch of idiots who rated toxic junk bonds and collateralized debt obligations and all that other garbage as AAA. Someone should give them a rating: F for FAIL

Govt official: US expecting S&P downgrade - Political Punch

blogs.abcnews.com

A government official tells ABC News that the federal government is expecting and preparing for bond rating agency Standard & Poor’s to downgrade the rating of US debt from its current AAA value.