The most profligate and irresponsible spenders in world history know that rating agencies like Standard & Poor's will downgrade the United States -- irrespective of the debt ceiling issue -- if massive spending cuts are not enacted. And real spending cuts are anathema to the Soros-controlled, hard left Marxist Democrats.
A downgrade is likely no matter what comes out of current negotiations. Specifically, Standard and Poor's has indicated a $4 trillion deficit reduction package is necessary by Aug. 2 to avoid a downgrade...
...That simply is not possible given the president's aversion to genuine spending cuts -- evidenced by his failure to table concrete spending cut proposals -- and the insistence on no new taxes by many members of the Republican House caucus.
The modern Democrat Party -- authors of a traitor's greatest hits like "This war is lost" and "General Betray-Us" -- is so far removed from the party of Truman and JFK that it must be politically obliterated in 2012 for this Republic to survive.
And 2012 is coming.
4 comments:
The Dems are just a bunch of freaking Marxists now.
A better indicator on the graph would be Congress, not the Presidency IMO...
@Anonymous 6:38 AM:
...particularly given that "Bush's" 2008 budget is actually a budget passed by a Pelosi/Reid-controlled Congress....
http://www.google.com/imgres?q=1981+to+2012+%28projected%29+us+gross+public+debt+as+a+%25+of+gdp&um=1&hl=en&sa=N&rlz=1G1GGLQ_ENUS344&biw=1152&bih=681&tbm=isch&tbnid=OfMtflTg7z2uUM:&imgrefurl=http://princesspolitics.wordpress.com/2011/06/29/a-greece-y-mess-why-the-usa-should-care/&docid=3vbNGhu1huiPsM&w=800&h=509&ei=1K00TqbVJ7TUiAKZ5MzECA&zoom=1&iact=hc&vpx=528&vpy=95&dur=2903&hovh=179&hovw=282&tx=129&ty=101&page=1&tbnh=116&tbnw=183&start=0&ndsp=20&ved=1t:429,r:2,s:0
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