Monday, August 8, 2011

BARACKALYPSE NOW!!!!



Just heard Obama make his statement today....not to mention that it is 48 hours late...he should have been out talking to America and the markets this weekend before the market opened.....BUT for what he said you would think it was just the summer reruns...he said nothing new at all...still wants to spend more money to extend the payroll tax cuts and spend more money extending unemmployment (which will get us more unemployment)...he continued on his rant to raise taxes on those that can afford it as a way to get tax reform...actually Barack real tax reform is broadening the base, reducing the rates both on individuals and corporation and then addressing some of the loop holes.....that's tax reform.....he mentioned addressing social security, but again nothing specfic as usual....

By the way the market has dropped another 100+ points since Obama spoke....


Obama calls US AAA nation despite AA+ Rating -8/8/2011

He seemed a bit timid and didn't read the teleprompter as confidently as usual...my guess is he knows that he is mostly to blame for where America is today....he as always casted blame, but this time it was focused on Standard and Poors and not so much on the republicans...except he made one shot at the republicans not by name saying that politicians were drawing a line in the sand....actually he needs to look at his own sandbox...he's the one that isn't and hasn't been budging on anything that isn't what he wants....this guy needs a big mirror....

He is SOOOOO bad I can't believe anyone would vote for him in 2012...unless you are one of the dependent that he is redistributing most Americans wealth to...

WASHINGTON (AP) -- President Barack Obama says the U.S. always is and always has been a triple-A country, despite its rating agency downgrade.

He said also the U.S. didn't need a rating agency to tell it that it's political system was having trouble functioning.

Speaking at the White House on the Standard & Poor's downgrade, Obama renewed a plea to Congress to take action in September of help create jobs and cushion Americans from a still weak economy.

Obama said financial markets around the world "still believe our credit is triple-A. I and the world's investor's agree."


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