Thanks Obama! S&P decided to lower the AAA rating, held by the United States for 70 years, to AA+ (they were generous to give us the '+'). S&P warned the White House through the entire discussions of raising the debt ceiling that they wanted to see $4-trillion in cuts. Did Obama listen??? That's $85-billion per year in extra interest that we'll be paying now. Gentlement, these guys just skrewed us big time while they will end up living the high life after their careers are over. Mortages, College loans, everything is going to go up! Give this guy another term and we'll be looking at a junk rating!

