Tuesday, August 9, 2011

Say Goodbye to AAA Rating


This is one of the worst days in American history. Unfortunately America has lost it's AAA rating from Standard & Poor's. FIRST TIME IN HISTORY! Does this crisis make them another Greece? The world is undergoing a crisis in how we run our nations.Spending is totally out of control, and neither party in Washington DC is willing to do anything to change that reality. It isn't just all about stuff like debts and economies but also it is about corruption, and identity. What we face is a crisis in effective leadership. And it's happening world-wide.Places such as China, Japan and Europe, the United States ( which is happening on a large scale ), and it's also happening on a smaller scale in dozens of other nations.Recently, China bluntly criticized the United States after the superpower's credit rating was downgraded, saying that the "good old days" of borrowing are over.American politicians should really wake up, especially for the current US secretary of treasury, who have been telling lies all the way through.