KDPPatsfan85

U.S. Credit Rating Downgraded After Fed Pumps More Money

US Credit Rating Cut by Egan-Jones ... Again - US* Business News - CNBC

So that is twice in Obama's term that the Credit is downgraded again. When will people start blaming Obama for this and not Bush?

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IcyPatriot

A few more international disturbances and nobody will notice.

chicowalker

The only people who think Obama is solely to blame for our financial situation have been conscious for just a few years or are blind partisans. Many people have been aware of the issues our nation faces for decades.

Sadly, too many people only care when "the other guys" are in charge.

KDPPatsfan85

A credit downgrade never happened under any other president except obama twice! Thats saying something. I Would be complaining about this if this was under bush's watch as well.

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chicowalker

You clearly don't get it...

KDPPatsfan85

Whats there to get? Obama and his wasteful spending, a budget hasnt been passed through his whole term in office. The Federal Reserve is printing money out of thin air. Pretty soon, the American dollar will be worth the same as monopoly money. Maybe if Obama was trying to find solutions to the problems and stopped the wasteful spending instead of playing golf, campaigning, and vacationing then maybe the US credit wouldnt have been downgraded TWICE under Obama.

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chicowalker

You think this is an Obama issue.

See my first post.

Do you know who Pete Peterson is?

Ilikehappyppl

So Obama put us in this 10 trillion $$$ hole to begin with?

Oh I guess history doesn't mean anything to you, oh what a surprise!!!

I didn't know Obama was threatening to shut down the government and default on our debt! Oh that's right that was the GOP!

This isn't an Right vs Left issue, both sides are to blame, anyone with half a brain knows this....BTW who cares if we have A AA or AAA.....its not like they're just going to stop lending to a 15 trillion a year GDP country.

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America's present need is not heroics but healing; not nostrums but normalcy; not revolution but restoration.
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Hamar

Does a countries rating effect their interest rates?

DarrylS

6 trillion dollars of unfunded liabilities for a crusade based on lies had absolutely nothing to do with any of this...

And this does not count the "legacy costs", 45% of our returning veterans are applying for permanent disability..

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"Being the best doesn't mean you always win. It just means you win more than anyone else".. tweet from Kurt Warner to Tom Brady.