No, The Sky Is NOT Falling.(AP) WASHINGTON — Moody's Investors Service said late Friday that the United States should be able to keep its triple-A credit rating as long as Washington works out a deal that lets it continue to pay bondholders. The credit rating agency said it thinks that even if the nation's $14.3 trillion borrowing limit isn't raised by Tuesday's deadline, the government would give priority to making interest payments on its debt and thereby avoid a default.
And there my friends is the bottom line!
"The credit rating agency said it thinks that even if the nation's $14.3 trillion borrowing limit isn't raised by Tuesday's deadline, the government would give priority to making interest payments on its debt and thereby avoid a default."
We should NOT and we will not be downgraded or forced to default! The sky, is NOT falling.
The President and the Democratic Congress along with ehr Lame-Stream Media have been caught lying again as well as being caught with his false threats again. There is no crisis, and there never had been one. This is just another ploy by Obama and that other POS Harry Reid who have never seen a crisis or a panic that he didn’t love. No he would never pass up the opportunity to let a good crisis go to waste Rather, he has found another way for him to manipulate and twist the facts and cause hysteria.
I now can honestly say that "For the First Time in My Adult Lifetime, I have seen a President who truly hates Capitalism
So no, the sky's not falling, we are not going to default, we have enough money to pay our bills and to send out Social Security checks, making Medicare payments, etc. But if you want to believe that Obama, Reid Bull-shit, good luck with that. Please press One to speak in English.
Like everything else about his administration, Obama's policies have failed..