Monday, August 8, 2011

The Cost Of Credit Rating Downgrade

Looks like our Congressional leaders and our President screwed us over very well.

Did they really think we would keep an AAA credit rating by raising our debt limit and spending more?

But it was never really about the debt ceiling or our credit rating ... it was most likely about getting a "Super Congress" in place and advancing our nation towards a global currency and global governance.

... rest assured this will not help our "recovery" in the least - in fact we are now going to be much worse off.