Welcome to Black Monday

The country is in the very best of hands.

Barney Frank: US credit down because of military spending

Words fail me.

“Tea Party Downgrade”? They Can’t Possibly Sell That

Of the administration’s alternative theories, the most ludicrous is the claim that the Tea Party, the one group dedicated to doing something about the nation’s spending and debt crisis, is somehow to blame for it. Yet this is the theory that President Obama’s political adviser, David Axelrod, tried to sell on Face the Nation this morning:

Mr. Obama’s longtime political adviser, David Axelrod, made clear that Democrats would seek to brand the rating as a “Tea Party downgrade.”

John Kerry and the ‘Tea Party Downgrade’

**Written by Doug Powers

The “Tea Party downgrade” memo has been successfully circulated.

First up today is John Kerry. It’s some kind of hilarious to watch a big spending, pro bloated government liberal try to come across like a life-long hawk on cutting deficits, shrinking government and tackling the debt problem — if only his hands weren’t tied by those darned anti spending cuts Tea Partiers: On NBC’s “Meet the Press” Sunday, the Massachusetts Democrat called Standard & Poor’s lowering of the nation’s credit rating from AAA to AA+ as “without question, tea party downgrade.”

This Nimrod, who is one of the Senators from my state, also made the amazing request of the American free press that they agree to suppress all dialogue and statements by tea party supporters.

Recovery. It can be done:

S&P upgrades Saskatchewan on low debt burden

Rather than quickly spending its newly-earned wealth, the provincial government has put its tax revenue toward paying the bills. S&P gave special credit to Saskatchewan for its “low-and-declining debt burden.” As of March 31, the province’s fiscal year-end, Saskatchewan’s debt totalled $4.6-billion, representing 38 per cent of this year’s projected operating revenues and only 8 per cent of its gross domestic product. Canada’s federal debt-to-GDP ratio sits at around 35 per cent.

Of course to do this without interference, the region had to turn out the liberals and go right in the last election.


About On the North River

Forty years toiled in the Tel-com industry, married for 36 years widowed at sixty-one. New girlfriend at sixty-five. Was a Tea Party supporter. Today a follower of the Last American President to be honestly elected, Donald J. Trump.
This entry was posted in 2012, Low Tide and tagged . Bookmark the permalink.

1 Response to Welcome to Black Monday

  1. Pingback: Tuesday News | On the North River

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