Trashing The Good Faith And Credit Of The United States

Well, the Obama regime has managed to do what no other administration in the history of the Republic has accomplished - trashed the good faith and credit of the United States. Standard & Poors just downgraded the US credit rating from AAA:

It said the bi-partisan 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 debt over time and predicted that leaders would not be likely to achieve more savings later on.

Meanwhile, the president is holding a hip hop BBQ at the White House as our Republic burns - his second birthday party fundraiser this week.

2012 cannot come soon enough.