Leadership. Obama Blames Congress For S&P Downgrade

It figures. It took Barack Obama 3 days to come out and blame Congress for the S&P US downgrade.

The AP reported:

President Barack Obama says the U.S. always is and always has been a triple-A country, despite its rating agency downgrade.

He said also the U.S. didn’t need a rating agency to tell it that it’s political system was having trouble functioning.

Speaking at the White House on the Standard & Poor’s downgrade, Obama renewed a plea to Congress to take action in September of help create jobs and cushion Americans from a still weak economy.

Obama said financial markets around the world “still believe our credit is triple-A. I and the world’s investor’s agree.”

Obama also used the opportunity to push for tax hikes.

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  • Carbon Pootprint

    OBlama!!! OBlama!!! OBlama!!! OBlama!!! OBlama!!! pucking funk

  • StandUpChuck

    Everyone but himself. No plan, no idea, completely lost…lets go play golf, it will get better tomorrow.


    I think I should change my name to WTFPRESIDENTDOWNGRADE…He is President that means it is HIS fault. He should be impeached for conning America when he was really trying to ruin our economy (cloward and piven) so that he could transform us to the socialistic utopia he dreams of.

  • Paul

    Hey, it is all George Washington’s fault

  • Espresso Logic – The 6th Sense

    I heard nothing but the same old sh!t warmed over. Its still the same old sh!t.

  • http://randysroundtable.blogspot.com/ RandyG

    Looks like hell of a lot of investors disagree with Barry. Dow down 550? Good grief!

  • MrGoodWench

    He said also the U.S. didn’t need a rating agency to tell it that it’s political system was having trouble functioning
    and the trouble is that pesky Constitution thingy, which won’t let him be a dickTATOR

  • jorgen

    I thought it was Bush and his gang of tea partiers!

    But he is right to a certain extent: Congress 2006-10 started the downfall.

  • Ellise

    I am so effen sick of this man.

  • bg


    how many F’n’O posts do we
    need about S&P & the ONE..

    who loves him more, you (GP) or him?? 😀


  • HadEnough

    Did be basically say…..”Yeah S&P…I hear you but F*ck Y*u”…..can’t wait for that to sink in at S&P………

  • http://www.freelinkcloaker.com kim

    Isn’t he in the middle of rewriting the constitution!!!

  • bg


    btw sarc:



  • chicago

    Pontius Pilate has spoken….he washed his hands of this mess!

  • USMC Thomas

    If the leaders in China had functioned as disastrously as SØBama, Pelosi, Reid, Geithner, Dodd and Frank, they would have been humiliated in a public trial and then executed.

  • bg


    chicago #14

    aah yes, i concur, PP is the man.. /s/


  • baseballguy

    Let’s blame the tea party, that’s it. Kind of like the drunk blaming AA for their problems.

  • Blacque Jacques Shellacque

    Wouldn’t it be a riot if Moody’s and Fitch piled on?

  • Old Fan


    Obama is busy blaming everyone else, while his fellow Democratic Partisans are beginning to blame him. It is a riot, as it is their disastrous Party dogma which is a train wreck for all.

    We all see Democratic Partisans embracing more insane levels of denial once again. They are focusing on vilifying others for their plight, or just blaming the individual amongst themselves, while they ignore the source of the problem – the Democratic Party’s poisonous politics and policies.

    Here we see the predictable Democratic Partisan denial fabricating the tired fantasy, which suggests the same offering provided by another package would have done better:
    “Hillary Told You So”

    Reminds one of the Kennedy “con” challenging the flop named Carter. Utter nonsense.

    It is absurd. The Democratic Party dogma created Mr. Obama and his offering. Mrs. Clinton is devoted to the same foolish political conviction. They once bragged about being fortunate, thrilled to see Mrs. Clinton and Mr. Obama’s campaign platforms were “identical”.

    We all know, Mrs. Clinton would have been just as disastrous as a President as Mr. Obama. Put any Democratic Partisan player in the place of Obama, whether it be Kerry, Clinton, Edwards, Corzine, Blanco, Granholm, etc., and the end product would be basically the same nightmare.

    It is not leadership style, messaging, ‘evil’ political opponents, it is the dysfunctional substance of the Democratic Party which will always result in failure in the end.

    Mrs. Bennett and Company even bizarrely ignore the obvious – Mrs. Clinton’s terrible record of failure at this moment with the State Department. Ironically, Hillary Clinton is just another vivid symbol of folly in the Obama Administration today in the foreign policy arena. Her infamous label of the Syrian Despot as a “reformer” is a prime example. ‘Smart Power’ is an even bigger joke than ‘hope and change’. Besides, Hillary Clinton vividly supported and lobbied for every effort provided by the Obama Team, even hugging then Speaker Pelosi for passing the disastrous Obamacare.

    Democrats lied about lobbyists, earmarks, transparency, Iraq, GITMO, Afghanistan, signing statements, votes to authorize the use of force, Libya, taxation, the Patriot Act, executive orders, etc. Do they actually believe someone who lied about ‘dodging sniper fire’ would have made a better President, who once failed to Nationalize Health Care behind closed doors?

  • Sandy

    What — You expected Obama to admit his policies caused the downgrade? As long as there are enemies then Obama will have someone to blame for everything he does. In fact in his arrogance he sounded pleased.