Obama’s Free-Falling Economy: U.S. Credit Rating Downgraded for 2nd Time Under Obama Non-Existent “Leadership”

Obama's Free-Falling Economy: U.S. Credit Rating Downgraded for 2nd Time Under Obama Non-Existent "Leadership"

Obama’s Free-Falling Economy: U.S. Credit Rating Downgraded for 2nd Time Under Obama Non-Existent “Leadership”

For the second time in under 4 years, the brain-dead Obama administration has allowed our nation’s credit rating to be downgraded.

Citing the “quantitative easing from the Federal Reserve”, and mounting federal debt, Egan-Jones has been able to see through the Obama administration’s reality-bending ahead of the election, and are fully aware that the things that the Obama administration are doing to try and fool the voters into thinking that the economy is making a rebound are just smoke and mirrors designed to trick the American People.

Standard & Poor’s has already downgraded our nation’s credit rating, and Moody’s Investors Service said just this week that it will probably do the same.

Ratings firm Egan-Jones cut its credit rating on the U.S. government to “AA-” from “AA,” citing its opinion that quantitative easing from the Federal Reserve would hurt the U.S. economy and the country’s credit quality.

In its downgrade, the firm said that issuing more currency and depressing interest rates through purchasing mortgage-backed securities does



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Tea Party Tries Countering Occupy Economic Terrorists

The Tea Party organizers are trying (a bit late..) to counter the damage caused by the Obama-backed, anti-capitalist, economic terrorists, that call themselves the “occupy Movement”.

To counter the economic terrorism that Obama is so fond of, the Tea Party Movement is calling for a “BUYcott”, urging everyone to spend money with the companies that the economic terrorists are targeting.

Please read our previous story to learn which businesses to spend your money with this holiday season.
https://usbacklash.org/obama-backed-occupy-economic-terrorists-target-already-struggling-businesses

Anti-Occupy Wall Street” groups are taking on the protesters of “Occupy Black Friday” with “BUYcott Black Friday.”

Liberate Philadelphia/Liberate America, a Tea Party coalition of groups countering the “OccupyWall Street” movement,are challenging the latestmove by Occupy Wall Street protesters to occupy or boycott publicly traded retailers on Black Friday by instead encouraging consumers toshop onBlack Friday to help the economy recover.

“At a time when our economy is most fragile and ratings agencies are talking about another downgrade of the U.S.credit rating, it’s completely irresponsible for Occupy Wall Street to attempt to bring the U.S. economy to a halt on the busiest



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No Urgency: Obama Finally Speaks About His Manufactured Credit Downgrade

So Obama finally decided that he will grace the American people with more of his teleprompter reading, and stopped his constant campaigning and fundraising to speak about his party’s artificially manufactured credit rating downgrade. The first in our nation’s history, under Obama’s watchful eye..

Now he says that trying to fix his destruction of our economy is “something we can do as soon as Congress gets back,” and that “I intend to present my own recommendations over the coming weeks”

Why do we have to wait weeks for you to do something about your royal screw-up? We are all supposed to sit here and deal with Obama and the Democrat’s mess, while the people who caused it vacation, like kings and queens, on our dime? BULLSHIT! Get back to work jackasses, and don’t stop working until you have our country back on a track to solvency!!

A familiar air of indecision preceded President Obama’s pep talk to the nation.

The first draft of his schedule for Monday contained no plans to comment on the downgrading of the U.S. credit rating



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Remove the Incompetence: Tim Geithner MUST Go!!!

Treasury Secretary Tim Geithner does not have a good track record when it comes to being right about what our economy needs, and has led our country down a reckless and treacherous path, leading to our nation’s first credit rating downgrade in history.

Showing how much he knows, he also told the media that there was “no risk” the U.S. will lose its top credit rating, but he was wrong yet again. “No risk of that, no risk,”

Obama needs to be FORCED by the American People to remove Tim Geithner, and insert someone who actually knows what he is doing.

We also need someone who doesn’t have Obama’s hand up his ass, working him like a puppet, because Obama doesn’t have a clue how to run a lemonade stand or a cookie sale, yet the economy of United States of America.

Many people believe everything that is happening to our economy is by Obama’s design, and working perfectly as planned. Looking at the whole picture, including Obama’s radical and terrorist friends, and the way that things have gone since …

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Obama Failed Policies Lead To S&P Downgrade For First Time In History

Due to Obama’s failed policies, and historically rampant over-spending, Standard & Poor’s has lowering the nation’s rating to one notch below AAA for the first time in our nation’s history.

The AAA credit rating has lasted through World Wars, The Great Depression, stock market crashes, 9-11, and anything else that our country has endured.. That is, at least, until Obama took office and started killing jobs and throwing trillions of borrowed dollars down the toilet.

Standard & Poor’s announced Friday night that it has downgraded the U.S. credit rating for the first time, dealing a symbolic blow to the world’s economic superpower in what was a sharply worded critique of the American political system.

Lowering the nation’s rating to one notch below AAA, the credit rating company said “political brinkmanship” in the debate over the debt had made the U.S. government’s ability to manage its finances “less stable, less effective and less predictable.” It said the bipartisan agreement reached this week to find at least $2.1 trillion in budget savings “fell short” of what was necessary to tame the nation’s



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