Saturday, August 6, 2011

S&P Downgrades US Credit For First Time

Citing "political brinkmanship” which has made the government's ability to manage its finances “less stable, less effective and less predictable” S&P dropped the credit rating for the United States government.

Our politicians have completely and utterly screwed us, once again. When are we going to learn? They have no interest in serving the people, their interest is in winning a political battle, while losing the entire war.

S&P downgrades U.S. credit rating for first time - The Washington Post