S&P downgrades U.S. credit rating for first time
Despite all the excuses that you will see and hear in the LAME STREAM Media…..bottom line is that this administration ignored it’s own debt commission, never addressed the issue earlier in the year, waited until the last minute to tackle the problem and never submitted their own plan.
This is NOT the first time they have F***ed something up!!! These folks are pretty good at that …. For SURE!!!
BREAKING…S&P Downgrades U.S. Credit Rating from AAA (Randy’s Right)
Let’s Review:
The Same Government (Obama Administration) that new of and authorized Operation Fast & Furious or Project Gunwalker where they allowed weapons to walk into Mexico to fuel the Mexican Drug Cartel Violence, has passed a restriction and administrative burden on ALL FFL’s in the border states (CA, AZ, NM & TX) that they have to report all multiple gun sales to the gov’t for any weapon .22cal or larger.
“On Monday, the Obama administration announced its toughest gun control measure to date, requiring gun dealers in the Southwestern states to report more than five long gun sales in a five-day period. It was one in a series of changes ATF agents have asked for to increase their ability to corral the illegal gun trade.”
“This is a blatant effort by the Obama administration and ATF to divert the focus of Congress … from their gross incompetence in the Fast and Furious scandal,” wrote Chris Cox, the NRA’s executive director. “This scheme will unjustly burden law-abiding retailers in border states.”
Talk about HYPOCRISY!!!! Anyone else in America that did their job so POORLY would be Fired!
Here’s a great version from the “Loons” at USA Today trying to Rationalize the multiple gun reporting requirement and saying that the Gun Lobby is Arming the Cartels….More Lunacy & Idiocy!! Wonder what Planet they’ve been on??
Our view: Gun lobby aids Mexican gangs – USA Today
The Real Story and Truth Lies Below:
ATF sought to downplay guns scandal, emails show
Family of U.S. agent slain in Mexico demands to know gun source
Americans will have their opportunity to Fire Pres. Obama on Nov. 6th, 2012….Let’s MAKE that HAPPEN!!
2nd Amendment, Shooting & Firearms Blog 
S&P Explicitly Blamed Republicans For Credit Downgrade:
Compared with previous projections, our revised base case scenario now assumes that the 2001 and 2003 tax cuts, due to expire by the end of 2012, remain in place. We have changed our assumption on this because the majority of Republicans in Congress continue to resist any measure that would raise revenues, a position we believe Congress reinforced by passing the act.
http://blogs.wsj.com/marketbeat/2011/08/05/sp-downgrades-u-s-debt-rating-press-release/
A convenient misrepresentation of the facts. Obama’s “crowning achievement” of incompetence!
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