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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Rubio: Every Aspect Of Life In America Worse Since Obama Took Office

The majority of the country now feels that almost every aspect of American life is worse off since Obama took office, and most of these people also feel that we will have no improvement until Obama is out of office.

WE AGREE!

“Every aspect of life in America today is worse than it was when [President Obama] took over. Unemployment higher. Interest rates. The only thing that has gone down in America over the last two years is the value of your home. This president has mismanaged this economy. He has been incompetent in his management of this economy,” Sen. Marco Rubio (R-FL) said on “Hannity.”

Stand Up To Government Corruption and Hypocrisy – usbacklash.org

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