http://www.politicususa.com/en/republicans-humiliate-americaI don't agree that this is a done deal, but it's disheartening.
Obama Hate Has Driven Republicans To Humiliate America
August 8, 2011
America’s economy has suffered setbacks in the past, but during those perilous times, the leaders in Washington have come together out of concern for the stability and survival of the economy and the nation. The country now finds itself in another tenuous situation and
instead of coming together to make important decisions to save the nation’s economic standing, Republicans are working to keep the economy on the precipice to portray the Obama Administration as ineffective. What the nation, and indeed the world, sees is that Republicans obstructed difficult economic decisions that prompted one of three credit rating agencies to downgrade America’s credit rating. It is difficult to know exactly how the downgrade will affect the economic picture, but suffice it to say, it does not bode well for the nation.snip//
It is disheartening, but the people who have been warning of the consequences of not following a balanced approach to controlling the deficit are finally being proven right.
This is the start of the decline of a once great country and it is not because a Black man sits in the Oval Office or that Americans who paid into their retirement plan are collecting benefits, but because of anti-tax dogmata and protection of the wealthiest Americans. The only winners are the extremely wealthy who will buy America when it finally collapses and then charge the American people to live here.Bloggers, journalists, economists, and average Americans warned of Republican malfeasance to no avail and now a credit rating agency has confirmed the fears of millions and started the ball rolling that ends America.
The blame lies with Republicans, teabaggers, and the stupid American people who elected them because they did not want universal health care or a Black president. They have embarrassed and humiliated America again and it proves America is not exceptional. It is like S&P said; America is a dysfunctional nation with little hope of recovering from the stupid Republican agenda that has damaged the economy for the second time in 5 years. America will never recover a third time and Mitch McConnell promised Republicans will repeat last week’s performance again next year; they want to assure there is further downgrading. There is little left to downgrade though, and that suits Republicans who caused this disaster. They must still be congratulating each other while the rest of the country despairs and grieves the demise of this tragically pitiful country.