I have no faith in this government correcting the mess it took them 40 years to create.
Take heed: Give a man a fish and he eats for a day, Teach the man to fish and he eats for a lifetime.
Governments do not create jobs, but they do make it harder on those of us that do, oh, the group I joined was The Tea Party and you will be seeing and hearing more from us. We are not the terrorists......not yet!
Investors here in the city and around the globe are trying to determine the economic impact of the first U.S. credit downgrade in history, as fears grow the move could throw an already weak economy onto even shakier ground.
Credit rating agency Standard and Poor's announced last night it is cutting the country's AAA rating by one notch to AA+.
The agency blames the political theater surrounding the recent negotiations to raise the debt ceiling.
It also says the agreed upon $2.1 trillion increase falls short.
S&P had been seeking a longer term deal to lower the deficit by $4 trillion.
"It’s a matter of the medium and long-term budget position of the United States that needs to be brought under control, not the immediate fiscal position. It’s one that centers on entitlements, and it’s entitlement reform or having matching revenues to pay for those entitlements that’s at the crux of the matter," said Standard & Poor's Managing Director John Chambers.