Standard & Poor’s Downgrades US Credit Rating

The clock may be about to stop.

“Distraction” on the way.

Maybe even a big “nudge”.

The Wall Street Journal has the S&P press release:

The outlook on the long-term rating is negative.

We could lower the long-term rating to ‘AA’ within the next two years if we see that less reduction in spending than agreed to, higher interest rates, or new fiscal pressures during the period result in a higher general government debt trajectory than we currently assume in our base case.

S&P could lower the rating “within the next two years if……”

Two years ?…… How about two days.

The Totalitarians in the current administration are emboldened and will accelerate their takedown of The United States.  Executive Orders, Presidential Memorandums and outright ignoring The Constitution and laws of the land are the rule of the day.

Article from The Associated Press:

WASHINGTON (AP) — Credit rating agency Standard & Poor’s on Friday downgraded the United States’ credit rating for the first time in the history of the ratings.

The credit rating agency said that it is cutting the country’s top AAA rating by one notch to AA-plus.  The credit agency said that it is making the move because the deficit reduction plan passed by Congress on Tuesday did not go far enough to stabilize the country’s debt situation.

A source familiar with the discussions said that the Obama administration feels the S&P’s analysis contained “deep and fundamental flaws.”

S&P said that in addition to the downgrade, it is issuing a negative outlook, meaning that there was a chance it will lower the rating further within the next two years.  It said such a downgrade to AA would occur if the agency sees less reductions in spending than Congress and the administration have agreed to make, higher interest rates or new fiscal pressures during this period.

Simply put: “It can’t happen here” happened here.

Monday August 8th 2011 at 09:30:01 Eastern time is going to be…… um…… ‘interesting’.

Now then, here’s a novel idea:

What’s the odds Obama starts a war with Syria before the stock market opens Monday morning ?

Really.

Think about it for more than a second or two.

Earlier today, I posted the following here at I.S.U.: Obama’s next war: Syria.

My gut’s been screaming at me all day since posting that ‘Syrian war is coming’ article here, but I couldn’t figure out why.

Then just as the Yankee game started this evening…… S&P downgrade.

Had to be known by the admin and S&P isn’t stupid.  If that downgrade was announced before the market closed for the weekend……

Hoo boy.

Monday morning can very well be a true tipping point to “It”.

Better tool up for real – No snark, no game — Tool up.

Oh…… I almost forgot…… The Responsibility To Protect.

This isn’t something ‘out of the blue’.

“Nudge”.

Kenny Solomon
Israel Survival Updates

5…… 4…… 3…… 2…………
Tool up…… It’s coming…… You know…… “It”.

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