S&P Chief: America Must Curb Entitlement Spending

We finally heard from someone who is not afraid of Obama and his administration. It was good to hear that he could not be swayed by Tim Geithner and his 'make it up as you go along' accounting numbers. He did not care about parties, only that the US governmental policies at this point are heading the country in the wrong direction and his credit rating department has to call it as they see it. According to him, we got a downgrade with a negative outlook. I would call that a slap in the face to Obama with a back hand to match.

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