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Apparently while Obama is blaming everyone else for the "S&P Downgrade" (First time in the History of the USA that we've been downgraded!) the stock market is downgrading Obama.
518 pts down now as of 2:49PM.BTW When some liberal spouts how Obama inherited a bad financial deal from President Bush you can tell them Obama also inherited a AAA+ S&P rating.
Remember folks Obama wanted a CLEAN DEBT CEILING DEAL. It was the Tea Party who drug him kicking and screaming to the table and got him to agree to CUTTING SPENDING!
S&P downgraded because we didn't cut enough.
Bottom Line The S & P downgrade is an:
