What is surreal, is that Obama really is the actual President of the USA. Every time I see him, I think "pretender". The guy is a used car salesman,(sorry to all used car salesmen) an empty suit. He is a dangerous empty suit, with an agenda. Socialism.
Fears Grow Over U.S. Losing Triple-A Credit Rating
Some financial experts think ballooning deficits and a surge in spending are putting the U.S. at risk of losing its triple-A credit rating.
On Friday, the dollar dropped to its lowest level this year and was on track for its biggest weekly fall in two months on concerns about the country's rating status, despite an assurance from Moody's on Thursday that it was comfortable with the current rating on the U.S., which has held a triple-A rating since 1917.
To ease concerns, White House spokesman Robert Gibbs said he doesn't believe the U.S. credit rating will be cut.
President Obama likes to say he inherited a financial mess, an argument that is supported by the $1.3 trillion deficit left on his lap by the previous administration. But under his watch, Obama has pushed the estimate for this year's deficit to a record $1.8 trillion, partly as a result of his $787 billion stimulus package. The deficit is equal to about 13 percent of the nation's gross domestic product.
They are busy printing money, this will lead to inflation. Our dollar rose to .89 because of the weakness of the US dollar. Obama does not understand or care about the impact this will have on the US. He is too busy partying in the White House, and closing Gitmo to pay back his hard left supporters to care about the damage he is doing to his country.
What a mistake the US made. McCain might not have been the ideal candidate, but he would have been better than Obama.
Our next election, the Obama factor will work in the Conservatives favour, he will be the new Jimmy Carter, and Canadians will have woken up to the fact that socialism is a bad idea.
Short post because I am really, really tired from all the planting I did today. I will just creak my way upstairs to bed now.