GOP knows that Obama will win a gain in 2012! GOP have gone chicken and knows that the battle is al (805)

What I really like here was the response of Nancy Pelos to the REP bill....."We have to save the country and the world from the horrible budget cutting of the REP"...........what a joke Nancy. Obama, Reid and you, have taken the world's strongest economy driven it to the edge of bankruptcy and with a pending default only days away......that will cost Americans billions in higher interest rates.

So you can be the drama queen of the moment in a attack on the REP budget plan!

Talk about reactionary politics! Nancy Reacts overreacts just by smiling. Most politician might lie by smiling. But Nancy is well past that.

Conrad, little Nancy Pelosi at this time please?


But the real question is.....is this one crisis to far for America?
Like WWII's a bridge to far. Were a English Para unit was sent on mission just to deep into German held Holland and lost. Has President Obama been to ruin the world's strong economy in 3 short years?

There I can happily tell you no. The mainstreet economics are still functioning here. Bread is on the shelves of stores. Gas comes from the out of the pump at a filing station. The local bus line still operates. Electricity still flows thru the wires to business and homes.

But on the international scene and in the high finance realm of the world, President Obama lack of budget/debt leadership has to be noted.
Obviously something in the White House failed to get a handle on the impact of a long term fiscal crisis that was not contained or stopped.

This coming devaluation is real damage to the creditability and credit worthiness of the country. Assuming it happens. There is not much to keep it from happening. Moodys is saying it will not devalue the bond rating, that nearly solely on the REP house plan that made. But S & P and the other bond raters are non committal at this time.

Has the President Obama made a crisis to far? Not for mainstreet America. But for banking and diplomatic America maybe yes. American diplomatic that say to a poverty stuck country....that aid check is in the mail....are going to met..."OH sure it is"...if we default. American business and banks doing business abroad are all going to have new banking regulation place on them when a check, letter of credit or wire transfer is made.

This is all because of the spending and lack of fiscal control within the present administration. If it cannot work within it means on a balanced budget, why ask Americans to tighten the belt and work within their limited means?

Was not this going to be 'shared pain' that all the country felt? Or was it a pain enplaced on some of the country by the Administration?
Pesdient Obama's fiscal crisis for the country has not effected mainstreet America yet. But if that default rating come, the next time you by a new car and the dealer qoutes you interest rate from .5 to 2.0 higher than in the past. Thank President Obama for it.