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S&P AA+ rating on U.S. Sovereign Debt not Low Enough

August 6, 2011 in Debt Crisis by mike

Peter Schiff

 

Outspoken investment broker, bestselling author, financial commentator, and 2010 candidate in the CT Republican primary for the United States Senate, Peter Schiff doesn’t hold back in this scathing video incitement against Republicans, Democrats and Tea Party bashers.

“Our leaders lack the will to do what is right”  “…and the one thing we prove with this budget farce was that we don’t have any leadership or any political will in Washington to do the “Right Thing”.

“Everybody chickened out. The Republicans, the Democrats…”

“If you think the Tea Party changed the Republican Party, think again. They [Republicans] sold out those Tea Party principles”

 

“Any Republican who voted to increase the National Debt should be voted out of office.”

 

http://www.youtube.com/schiffreport#p/u

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by mike

S&P Cuts US Ratings Outlook to Negative From Stable

April 18, 2011 in Uncategorized by mike

http://www.moneynews.com/FinanceNews/S-PRevisesUSOutlooktoNegativeFromStable/2011/04/18/id/393191?s=al&promo_code=C194-1

As a Junior High School student, I can remember my English teacher drilling into our heads the concept of a narrative climax. She said that the word “climax was from the Greek word “κλῖμαξ” (klimax) meaning “staircase” and “ladder”) or the turning point in a narrative work and is its point of highest tension or drama. It is when the action starts in which the solution is given and i the turning point becomes unmistakable. Speaker Boehner, your substantial Budget capitulation to President Obama has unequivocally resulted in an economic climax for our country’s that has placed us on the road to ”the beginning of the end” of our financial system.

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