More Obama Hope & Change: S&P Downgrades US Credit Rating for First Time Ever … AAA Rating Now More

President Barack Obama proves once again he is historic.

Not only is S&P expected to downgrade the US credit rating, they have done so. Thanks to Obama’s socialist spending, lack of leadership in the debt ceiling debate and a complete disregard to pay down the United States out of control debt … Standards and Poor’s, S&P, has downgraded the US’s credit rating. Is it really a shock seeing that the deb ceiling deal that once again raised the US debt limit did nothing substantial to cut spending or deal with any long term strategy to real in the out of control federal deficits.

Standard & Poor’s announced Friday night that it has downgraded the United States credit rating for the first time, dealing a huge symbolic blow to the world’s economic superpower in what was a sharply worded critique of the American political system.

Lowering the nation’s rating one-notch below AAA, the credit rating company said “political brinkmanship” in the debate over the debt had made the U.S. government’s ability to manage its finances “less stable, less effective and less predictable.” It said the bi-partisan agreement reached this week to find $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 have no luck achieving more savings later on.

The decision came after a day of furious back-and-forth between the Obama administration and S&P. Government officials fought back hard, arguing that S&P made a flawed analysis of the potential for political agreement and had mathematical errors in its initial analysis, which was submitted to the Treasury earlier in the day. The analysis overstated the U.S. deficit over 10 years by $2 trillion.

See S&P pdf. HERE. DOWNGRADED!!!

Barack Obama puts the “POOR” in Standard & Poor’s. As reported by Reuters, United States loses AAA credit rating from S&P. Barack Obama has finally got his wish … he has destroyed the US economy.

S&P cut the long-term U.S. credit rating by one notch to AA-plus on concerns about the government’s budget deficits and rising debt burden. The move is likely to raise borrowing costs eventually for the American government, companies and consumers.

“The downgrade reflects our opinion that the fiscal consolidation plan that Congress and the Administration recently agreed to falls short of what, in our view, would be necessary to stabilize the government’s medium-term debt dynamics,” S&P said in a statement.

VIDEO Hat Tip: FOX News via Hot Air Pundit

Dailey Commentary – Friday, August 5, 2011 – Rapid City South Dakota Shootout

• Rapid City South Dakota shootout, 1 officer killed, 2 injured

Daily Commentary – Friday, August 5, 2011 – Rapid City South Dakota Shootout: Download

Dow Jones Falls Over 500 Points, Biggest Drop Since May 2010 … So Much for the Debt Ceiling Deal to Stabilize the Economy

I think its safe to say that no one has any faith in Barack Obama as a leader … A Total and Epic Failure.

Americans were told by Barack Obama and his minions that increasing the US debt ceiling was paramount to saving the US economy and stabilizing the economy. What say you Mr. President? Not only has the stock markets been down every day since the debt deal was signed by Obama, but yesterday the Dow Jones fell over 500. Thanks Barack. I guess those in DC who voted for this well labeled … sandwich, now see that many Americans hated this compromise. I wonder why? Now PJ Media asked the question … should Obama resign?

A CEO with such a disastrous first three years as our president has had probably would already have been called upon to resign or been pushed out by his company’s board of directors — more than likely for some time.

Obama has failed in virtually every direction, foreign and domestic. His policies indeed are almost non-existent. He is completely rudderless, unless you accept the view that he is following the prescription of Cloward-Piven and has set out to destroy American capitalism from within.

If that is so — and I don’t really accept it for a variety of reasons — he has failed even at that, because his reelection becomes less likely with every passing day. A Cloward-Piven strategy could not be successful in only four years. America is far too strong for that. In the case of Obama, his policies are leading to something quite the opposite — an epic disaster for the Democratic Party and (modern) liberalism in 2012.

What happened when the US markets caved in like an Obama cheap suit, or is it an empty one … the Asian and European markets followed.

The Astute Blogger has three recommendations that could fix the terrible US and global economy. We especially like number 3. It has become obvious that Obama has become Jimmy Carter. The only way the economy in the late 70′s could get better was that Carter had to be replaced as president in the 1980 Presidential election and replaced he was in a landslide by Ronald Reagan.

IF OPEC CUTS THE PRICE OF OIL TO $35
IF CHINA ALLOWS THE PRICE OF THEIR CURRENCY TO GO UP, AND…
IF OBAMA RESIGNS OR ANNOUNCES HE WON’T RUN FOR REELECTION

What does any good leader do when Rome the United States economy is falling around him, why Obama plays the fiddle of course. Actually he had a birthday barbecue. But before that he ran off to a fundraiser in Chicago. Priorities Mr. President, priorities.

The question really needs to be asked, is Obama in over his head or is this intentional? In either case Barack Obama must go. Do your patriotic duty Mr. President and just resign. It is hard to believe that Obama can be reelected in 2012. If he is, it is the end of America.

Polygamist Sect Leader Warren Jeffs Found Guilty Sexual Assault on Two Minor Child Brides … Prophet? He is a Convicted Pedophile

Finally justice is served …

Polygamist sect leader Warren Jeffs has been  found guilty by a Texas jury of child sexual assault.The crimes took place as a result of two young female followers he took as child brides in what his church calls “spiritual marriages.” Of course spiritual marriages is code for raping young girls.

The head of the Fundamentalist Church of Jesus Christ of Latter Day Saints stood stone-faced as the verdict was read. Jeffs, who acted as his own attorney, stood mostly mute for his closing argument, staring at the floor, for all but a few seconds of the half hour he was allotted.

At one point he mumbled, “I am at peace,” and said no more. The only noise in the courtroom was the creaking of wooden benches brimming with spectators.

Warren Jeffs represented himself in his trial which not only proves the age old adage that when one represents them self they not only have a fool for a client, but some times a pedophile as well. Jeffs stood silent during his closing argument.

How absolutely sick that Waren Jeffs would try and hide behind freedom of Religion in order to sexually assault female minors. Jeffs’ got one thing right, God will seek revenge; however, it will be Jeffs who faces God’s judgment and a special life time of eternity in the 7th level of Hell.I hardly think that God appreciates it when you implicate God in the following, “instructing young women on how to please him sexually — and thus, he told them, please God.”

Prosecutors used DNA evidence to show Jeffs fathered a child with a 15-year-old girl and played an audio recording of what they said was him sexually assaulting a 12-year-old. They also played audio recordings in which Jeffs was heard instructing young women on how to please him sexually.

Good grief, this man taped the rapes of minors and called them training sessions.  It took the jury of 10 women and two men just 3 1/2 hours to return a guilty verdict, Jeffs faces a possibility of live in prison. I guess its safe to say that we can rest assured that it was not the Casey Anthony jury that heard this case. Had it been, they would have thought that it was George Anthony who might have assaulted the two child brides and not Jeffs.

Warren Jeffs, what a creepy little, evil man who will now get his and exactly what he has coming to him. A note to the FLDA, Jeffs is not a prophet, he is a pedophile.

Democratic Candidate David Weprin Seeking Ex-NY Rep Anthony Weiner Vacated Seat Distances Himself from Obama

You know its bad for Obama and Democrats when …

How bad is it these days for President Barack Obama? Even candidates that seek political seats in heavy Democrat areas want nothing to do with Obama and look to distance themselves from the once Obamamessiah. The once Savior of the Democrat party is not the albatross.

State Assemblyman David Weprin is looking to fill the seat for the Queens-Brooklyn district of disgraced US Representative Anthony Weiner who resigned his office due to his ill-advised sexting scandal. What is most interesting is that Weprin is distancing himself from President Obama. Even in a prominently Democrat district, Weprin feels the need to run away from Obama. But then again as Jammie Wearing Fool states, who could blame any Democrat running for office to run as far away from the disaster knows as Barack Obama.
because Barack’s popularity has plummeted with moderate and conservative Jews.

The Democratic candidate seeking to fill the congressional seat vacated by randy ex-Rep Anthony Weiner distanced himself from President Obama today — by refusing to say whether he backed the president’s re-election.

“I’m running myself right now. On Sept. 14, I’ll be happy to address the president’s election,” State Assemblyman David Weprin said following a press conference at Queens Borough Hall, where he was endorsed by a bevy of female elected leaders.

The special election to replace Weiner — who resigned in disgrace following a sexting scandal — will be held on Sept. 13.

It is a sign of the times, do not look for Obama to be making any campaign appearances for David Weprin. What a telling sign that in heavily Democratic New York, Obama is a detriment. Is it possible that the GOP challenger Turner could pull off an upset much like Scott Brown did in Massachusetts in 2009? Turner received 39% of the vote in the 2010 election against Weiner. Could it be that with the disgust of Weiner’s actions, a terrible economy and sky-high unemployment.

Barack Obama has an aggregated job approval rating of 44.0% approve and 50.2% disapprove. Why would any Democrat politician want to have to defend Obama’s health care plan, his out of control spending and Obama’s poor at best handling of the economy. You know that it is a sad state of affairs for Democrats when you can’t brink a Democrat president into liberal New York to ride the coattails to victory.