Michelle Bachmann brings it home, just how serious the downgrade of the USA's credit rating really is, the first time its happened since we achieved our AAA rating in 1917. Barak Obama refused to reign in his spending plans, refused to accede to the four trillion dollars in cuts the S&P warned him he would have to do to maintain our credit rating. It's not like he was blindsided. He had fair warning, well in advance. It was the Tea Party who tried, desperately, to get him to agree to the S&P request.
Now thanks to the stubbornness and arrogance of Obama and the Democrats in Congress, they have accomplished what even the Great Depression could not. They have said, in effect, fuck our credit rating, fuck our economy, and fuck the American people. After all, how could they ever manage to pay off their union lackeys and other special interest thieves by actually governing in a responsible manner?
I disagree with Bachmann on one small detail in the following video. Asking Timothy Geitner to resign would do little to reassure the markets as long as the clueless idiot who now occupies the oval office maintains that position.
H/T The Other McCain
