Aug
8
President Obama on the S&P downgrade:
“Markets will rise and fall, but this is the United States of America,” Obama said. “No matter what some agency may say, we’ve always been and always will be a AAA country.”
Translation: “Don’t worry if you lost a quarter of your life’s savings within the past one week. This is the United States of America. We will continue to borrow and spend, and live beyond our means.“
No related posts.
This is a classic politician talk pandering to the public. Can’t believe a reasonable person like him saying this!
Reasonable? He is the President; what else did you expect? Reminds me of the best fives lines ever written for film:
Michael: “My father is no different than any other man, any man who is responsible for other people; like a Senator or a President.”
Kay: “Do you know how naive you sound?”
Michael: “Why?”
Kay: “Senators and Presidents don’t have men killed.”
Michael: “Oh. Who’s being naive, Kay?”
Tea Partiers are to blame–they refuse to stop the “subsidies” the ultra rich get from the middle class.
Good job !
J.J. which are tea parties ?
I would be in Saskatoon on Sept.1st
I don’t consider this pandering. He is doing what he has to do which is to insure the public that the US is and will remain solvent. He is between a rock and a hard place here.
I read in a local newspaper that” if elephant ( united states) is in debt then beaver ( which is symbol ) for canada would follow ; which is sitting on its back ! Any comment !
my cell phone is working please phone
How was your conference phone!
Skype today let me know what time suits you
d,kaur
J.J. Ji how are you doing
J.J. how are you doing ?