Showing posts with label Economics. Show all posts
Showing posts with label Economics. Show all posts

Tuesday, February 25, 2014

Learn to speak Chinese, you are going to need it !

Chinese Supremacy

This article, aimed at a US audience, gives a scary insight into China's growing economic power.
A Little Known Reality.
June 8, 2013. Source: Michael Snyder, Guest Post
In future China will employ millions of American workers and dominate thousands of small communities all
Over the United States. Chinese acquisition of U.S. Businesses set a new all-time record last year, and it is
On pace to shatter that record this year.

The Smithfield Foods acquisition is an example.  Smithfield Foods is the largest pork producer and processor
In the world.  It has facilities in 26 U.S. States and it employs tens of thousands of Americans.  It directly owns 
460 farms and has contracts with approximately 2,100 others.  But now a Chinese company has bought it for
$ 4.7 billion, and that means that the Chinese will now be the most important employer in dozens of rural
Communities all over America.

Thanks in part to our massively bloated trade deficit with China, the Chinese have trillions of dollars to spend.
They are only just starting to exercise their economic muscle.

It is important to keep in mind that there is often not much of a difference between “the Chinese government”
And “Chinese corporations”.  In 2011, 43 percent of all profits in China were produced by companies where the
Chinese government had a controlling interest in.

Last year a Chinese company spent $2.6 billion to purchase AMC entertainment – one of the largest movie theater
Chains in the United States.  Now that Chinese company controls more movie ticket sales than anyone else in the world.

But China is not just relying on acquisitions to expand its economic power.  “Economic beachheads” are being
Established all over America.  For example, Golden Dragon Precise Copper Tube Group, Inc. Recently broke ground
On a $100 million plant in Thomasville, Alabama.  Many of the residents of Thomasville, Alabama will be glad to have
Jobs, but it will also become yet another community that will now be heavily dependent on communist China.

And guess where else Chinese companies are putting down roots? Detroit. Chinese-owned companies are investing in
American businesses and new vehicle technology, selling everything from seat belts to shock absorbers in retail stores,
And hiring experienced engineers and designers in an effort to soak up the talent and expertise of domestic automakers
And their suppliers. If you recently purchased an “American-made” vehicle, there is a really good chance that it has a
Number of Chinese parts in it. Industry analysts are hard-pressed to put a number on the Chinese suppliers operating in
The United States.
China seems particularly interested in acquiring energy resources in the United States.  For example,  China is actually
Mining for coal in the mountains of Tennessee.  Guizhou Gouchuang Energy Holdings Group spent 616 million dollars
To acquire Triple H Coal Co. In Jacksboro, Tennessee.  At the time, that acquisition really didn’t make much news, but now
A group of conservatives in Tennessee is trying to stop the Chinese from blowing up their mountains and taking their coal.

And pretty soon China may want to build entire cities in the United States just like they have been doing in other countries.
Right now China is actually building a city larger than Manhattan just outside Minsk, the capital of Belarus.
Are you starting to get the picture? China is on the rise. If you doubt this, just read the following:
# When you total up all imports and exports, China is now the number one trading nation on the entire planet.
# Overall, the U.S. has run a trade deficit with China over the past decade that comes to more than 2.3 trillion dollars.
# China has more foreign currency reserves than anyone else on the planet.
# China now has the largest new car market in the entire world.
# China now produces more than twice as many automobiles as the United States does. After being bailed out by
U.S. taxpayers, GM is involved in 11 joint ventures with Chinese companies.
# China is the number one gold producer in the world.
# The uniforms for the U.S. Olympic team were made in China.
# 85% of all artificial Christmas trees the world over are made in China.
# The new World Trade Center tower in New York is going to include glass imported from China.
# China now consumes more energy than the United States does.
# China is now in aggregate the leading manufacturer of goods in the entire world.
# China uses more cement than the rest of the world combined.
# China is now the number one producer of wind and solar power on the entire globe.
# China produces 3 times as much coal and 11 times as much steel as the United States does.
# China produces more than 90 percent of the global supply of rare earth elements.
# China is now the number one supplier of components that are critical to the operation of any national defense system.
# In published scientific research articles China is expected to become number one in the world very shortly.
And what we have seen so far may just be the tip of the iceberg. For now, I will just leave you with one piece of advice -
Learn to speak Chinese, you are going to need it !


Sunday, October 13, 2013

Please, take the time today to view this old cartoon.

No matter who you are or your political views, you must see this cartoon from many years ago.
Please leave a comment and let us know if this applies today and if it is Prophetic or not.






Wednesday, October 2, 2013

Economist Caution: Prepare For 'Massive Wealth Destruction'

Take immediate steps to protect your wealth . . . NOW!

That’s exactly what many well-respected economists, billionaires, and noted authors are telling you to do — experts such as Marc Faber, Peter Schiff, Donald Trump, and Robert Wiedemer. According to them, we are on the verge of another recession, and this one will be far worse than what we experienced during the last financial crisis.

Marc Faber, the noted Swiss economist and investor, has voiced his concerns for the U.S. economy numerous times during recent media appearances, stating, “I think somewhere down the line we will have a massive wealth destruction. I would say that well-to-do people may lose up to 50 percent of their total wealth.”

When he was asked what sort of odds he put on a global recession happening, the economist famous for his ominous predictions quickly answered . . . “100 percent.”

Faber points out that this bleak outlook stems directly from Federal Reserve Chairman Ben Bernanke’s policy decisions, and the continuous printing of new money, referred to as “quantitative easing” in the media.

Faber’s pessimism is matched by well-respected economist and investor Peter Schiff, the CEO of Euro Pacific Capital. Schiff remarks that the stock market collapse we experienced in 2008 “wasn’t the real crash. The real crash is coming.” 

Schiff didn’t stop there. Most alarming is his belief that daily life will get dramatically worse for U.S. citizens. 

“If we keep doing this policy of stimulus and growing government, it’s just going to get worse for the average American. Our standard of living is going to fall . . . People who are expecting Social Security can’t get all that money. People expecting government pensions can’t get all their money . . . We simply can’t afford to pay them.”

Equally critical of the current government and our nation’s economy is real estate mogul and entrepreneur Donald Trump, who is warning that the United States could soon become a large-scale Spain or Greece, teetering on the edge of financial ruin.

Trump doesn’t hesitate to point out America’s unhealthy dependence on China. “When you’re not rich, you have to go out and borrow money. We’re borrowing from the Chinese and others.”

It is this massive debt that worries Trump the most. 

“We are going up to $16 trillion [in debt] very soon, and it’s going to be a lot higher than that before he gets finished,” Trump says, referring to President Barack Obama. “When you have [debt] in the $21-$22 trillion [range], you are talking about a [credit] downgrade no matter how you cut it.”

In a recent appearance, Trump went to so far as to say the dollar is “going to hell.”

Where Trump, Faber, and Schiff see rising debt, a falling dollar, and a plunging stock market, investment adviser and author Robert Wiedemer sees much more widespread economic destruction.

In a recent interview to talk about his New York Times best-seller Aftershock, Wiedemer says, “The data is clear, 50 percent unemployment, a 90 percent stock market drop, and 100 percent annual inflation… starting in 2013.”

Editor’s Note: Watch the disturbing interview with Wiedemer.

Before you dismiss Wiedemer’s claims as impossible or unrealistic, consider this: In 2006, Wiedemer and a team of economists accurately predicted the collapse of the U.S. housing market, equity markets, and consumer spending that almost sank the United States. They published their research in the book America’s Bubble Economy.

When the interview host questioned Wiedemer’s latest data, the author unapologetically displayed shocking charts backing up his allegations, and then ended his argument with, “You see, the medicine will become the poison.”

The interview has become a wake-up call for those unprepared (or unwilling) to acknowledge an ugly truth: The country’s financial “rescue” devised in Washington has failed miserably.

The blame lies squarely on those whose job it was to avoid the exact situation we find ourselves in, including Bernanke and former Fed Chairman Alan Greenspan, tasked with preventing financial meltdowns and keeping the nation’s economy strong through monetary and credit policies.

Shocking Footage
: See the eerie chart that exposes the ‘unthinkable.’ 

At one point, Wiedemer even calls out Bernanke, saying that his “money from heaven will be the path to hell.”

But it’s not just the grim predictions that are causing the sensation in Wiedemer’s video interview. Rather, it’s his comprehensive blueprint for economic survival that’s really commanding global attention.

The interview offers realistic, step-by-step solutions that the average hard-working American can easily follow.

The video was initially screened for a relatively small, private audience. But the overwhelming amount of feedback from viewers who felt the interview should be widely publicized came with consequences, as various online networks repeatedly shut it down and affiliates refused to house the content.

Bernanke and Greenspan certainly would not support Wiedemer publicly, and it soon became apparent mainstream media would not either.

“People were sitting up and taking notice, and they begged us to make the interview public so they could easily share it,” said Newsmax Financial Publisher Aaron DeHoog. “But unfortunately, it kept getting pulled.”

“Our real concern,” DeHoog added, “is the effect even if only half of Wiedemer’s predictions come true.

“That’s a scary thought for sure. But we want the average American to be prepared, and that is why we will continue to push this video to as many outlets as we can. We want the word to spread.”

Read Latest Breaking News from Newsmax.com http://www.moneynews.com/MKTNews/Massive-wealth-destruction-economy/2013/06/20/id/511043/?promo_code=13E5C-1#ixzz2gZUW65vb
Urgent: Should Obamacare Be Repealed? Vote Here Now!

Thursday, March 7, 2013

How do you say, UNBELIEVABLE?



Let me understand this;

Due only to the nasty Republicans (per the memo), the vaccine program will lose 30 million dollars in funding (sequester) and 2,050 kids will not receive their vaccines.

Obama proposed 58 million dollars in cuts to the same program but the director says that would not have effected the childrens vaccines and they would work around those cuts so the program was not effected...

Does anyone see something wrong here?

Thursday, September 20, 2012


Press Releases | Sep 20 2012

McConnell: Challenges Are Great But the President, Senate Democrats Fail to Lead

Washington, D.C. - U.S. Senate Republican Leader Mitch McConnell made the following remarks on the Senate floor today regarding the Democrats’ failure to lead:

“I understand there’s an election going on in a few months. But I’d like to remind my colleagues on the other side that we’ve also got a job to do around here.

“I mean, we’ve got multiple crisis-level issues to deal with. And yet Democrats don’t want to do a thing.

“Never before has a President and a Senate done so little to confront challenges so great.

“We’ve got a $16 trillion debt. Democrats haven’t bothered to pass a budget in three years. Every single American will get hit with a massive tax hike in three months if we don’t act to prevent it. Democrats are saying we shouldn’t do anything about it — just go off the cliff. Just see what happens.

“The Defense budget is about to suffer automatic cuts that the President’s own Defense Secretary has described as ‘devastating’. Democrats can’t be bothered to figure out a way to avoid them.

“The Middle East is in turmoil, we remain at war in Afghanistan and with Al Qaeda and Senate Democrats haven’t even bothered to pass a Defense Authorization bill.

“Gas prices have more than doubled over the past four years. Democrats have responded by conspiring with the President to make sure a domestic pipeline didn’t get built.

“Just let the debt grow. Let taxes go up. Let the defense cuts stand. Let gas prices get higher and higher. Don’t pass a budget. Don’t pass any spending bills.  Don’t do anything that involves making tough choices. Just sit around and kill time in the hopes that the voters will focus on the other guys instead.

“Look: Our constituents didn’t send us here to watch the clock or to offer running commentary on the floor.

“They sent us here to make a difference.

“We’ve got jobs to do. It’s about time we did them.

“In these very challenging times, Americans deserve leadership.

“Never before have a President and a Senate Majority Party done so little when our challenges have been so great. There’s no excuse for it.”

Thursday, April 12, 2012

The Quote of the Decade:

The Quote of the Decade:
“The fact that we are here today to debate raising America 's debt limit is a sign of leadership failure. It is a sign that the US Government cannot pay its own bills. It is a sign that we now depend on ongoing financial assistance from foreign countries to finance our Government's reckless fiscal policies. Increasing America 's debt weakens us domestically and internationally. Leadership means that, "the buck stops here.' Instead, Washington is shifting the burden of bad choices today onto the backs of our children and grandchildren. America has a debt problem and a failure of leadership. Americans deserve better.”
~ Senator Barack H. Obama, March 2006

Friday, March 9, 2012

Obama owns Occupy Wall Street

The following is written by Dr. Sowell, and I quote:

"The current Occupy Wall Street movement is the best illustration to date of what President Barack Obama's America looks like.  It is an America where the lawless, unaccomplished, ignorant and incompetent rule.  It is an America where those who have sacrificed nothing pillage and destroy the lives of those who have sacrificed greatly. 
"It is an America where history is rewritten to honor dictators, murderers and thieves.  It is an America where violence, racism, hatred, class warfare and murder are all promoted as acceptable means of overturning the American civil society.
"It is an America where humans have been degraded to the level of animals: defecating in public, having sex in public, devoid of basic hygiene.  It is an America where the basic tenets of a civil society, including faith, family, a free press and individual rights, have been rejected.  It is an America where our founding documents have been shredded and, with them, every person's guaranteed liberties.
"It is an America where, ultimately, great suffering will come to the American people, but the rulers like Obama, Michelle Obama, Harry Reid, Nancy Pelosi, Barney Frank,
Chris Dodd, Joe Biden, Michael Moore, Jesse Jackson, George Soros, William Ayres, Louis Farrakhan, liberal college professors, union bosses and other loyal liberal/Communist Party members (Bob Kinney) will live in opulent splendor.

"It is the America that Obama and the Democratic Party have created with the willing assistance of the American media, Hollywood, unions, universities, the Communist Party of America, the Black Panthers and numerous anti-American foreign entities.  "Barack Obama has brought more destruction upon this country in four years than any other event in the history of our nation, but it is just the beginning of what he and his comrades are capable of. 
"The Occupy Wall Street movement is just another step in their plan for the annihilation of America.  "Socialism, in general, has a record of failure so blatant that only an intellectual could ignore or evade it."
Thomas Sowell

Thomas Sowell (born June 30, 1930) is an American economist, social theorist, political philosopher, and author.  A National Humanities Medal winner, he advocates laissez-faire economics and writes from a libertarian perspective.  He is currently a Rose and Milton Friedman Senior Fellow on Public Policy at the Hoover Institution at Stanford University  Sowell was born in North Carolina, but grew up in Harlem, New York.  He dropped out of high school, and served in the United States Marine Corps during the Korean War.  He had received a bachelor's degree from Harvard University in 1958 and a master's degree from Columbia University in 1959.  In 1968, he earned his doctorate degree in economics from the University of Chicago.  Dr. Sowell has served on the faculties of several universities, including Cornell and University of California, Los Angeles, and worked for "think tanks" such as the Urban Institute.  Since 1980 he has worked at the Hoover Institution.  He is the author of more than 30 books.
"Socialism is a philosophy of failure, the creed of ignorance, and the gospel of envy, its inherent virtue is the equal sharing of misery."

~~Winston Churchill

Friday, February 24, 2012

Obama's and his top economic advisers, bring down America!

The three who brought down Wall Street.

Here's a quick look into the three former Fannie Mae executives who
Brought down Wall Street.


Franklin Raines - was a Chairman and Chief Executive Officer at Fannie Mae.
Raines was forced to retire from his position with Fannie Mae when
Auditing discovered severe irregularities in Fannie Mae's accounting
Activities. Raines left with a "golden parachute valued at $240 Million in
Benefits. The Government filed suit against Raines when the depth of the
Accounting scandal became clear.


Tim Howard - was the Chief Financial Officer of Fannie Mae. Howard "was a
Strong internal proponent of using accounting strategies that would ensure
A "stable pattern of earnings" at Fannie. Investigations by federal
Regulators and the company's board of directors since concluded that
Management did manipulate 1998 earnings to trigger bonuses. Raines and
Howard resigned under pressure in late 2004. Howard's Golden Parachute was
Estimated at $20 Million!


Jim Johnson - A former executive at Lehman Brothers and who was later
Forced from his position as Fannie Mae CEO. Investigators found that
Fannie Mae had hidden a substantial amount of Johnson's 1998 compensation
From the public, reporting that it was between $6 million and $7 million
When it fact it was $21 million." Johnson is currently under investigation
For taking illegal loans from Countrywide while serving as CEO of Fannie
Mae.
Johnson's Golden Parachute was estimated at $28 Million.

*****************************************************************************************

WHERE ARE THEY NOW?

FRANKLIN RAINES?
Raines works for the Obama Campaign as his Chief Economic Advisor.

TIM HOWARD?
Howard is a Chief Economic Advisor to Obama under Franklin Raines.

JIM JOHNSON?
Johnson was hired as a Senior Obama Finance Advisor and was selected to
Run Obama's Vice Presidential Search Committee.

Kinda makes you sick to your stomach.

Our government seems to be rotten to the core !

Are we stupid or what? Vote in 2012..it is the most important election
Of our lives...







Wednesday, October 19, 2011

Little Johnny on Obama

Little Johnny . . . . . . . . . . . . .


The kids filed back into class Monday morning . They were very excited . Their weekend assignment was to sell something, then give a talk on productive salesmanship .

Little Sally led off: "I sold girl scout cookies and I made $30," she said proudly, "My sales approach was to appeal to the customer's civil spirit and I credit that approach for my obvious success . " "Very good," said the teacher .

Little Mary was next: "I sold magazines," she said, "I made $45 and I explained to everyone that magazines would keep them up on current events . " "Very good, Mary" said the teacher

Eventually, it was Little Johnny's turn . The teacher held her breath . . . Little Johnny walked to the front of the classroom and dumped a box full of cash on the teacher's desk . "$2,467," he said . "$2,467!" cried the teacher, "What in the world were you selling?"

"Toothbrushes," said Little Johnny .

"Toothbrushes!" echoed the teacher, "How could you possibly sell enough tooth brushes to make that much money?"

"I found the busiest corner in town," said Little Johnny . "I set up a Dip & Chip stand and gave everybody who walked by a free sample . " They all said the same thing, "Hey, this tastes like dog crap!" Then I would say,"It is dog crap . Wanna' buy a toothbrush?" "I used the Obama approach of giving you something shitty for free, and then making you pay to get the taste out of your mouth . "

Really, is this not what Obama does? He sets up a crisis and then the solution is for you to spend money to try and get back to where… before he spoke and you trusted him

Saturday, October 1, 2011

Remember this guy?



Remember this guy?


"Socialism only works 
in two places: 
Heaven where they don't 
need it and hell where they already have it." 
-Ronald Reagan
 

'Here's my strategy on
 
the Cold War: 
We win, they lose.' 
- Ronald Reagan 

'The most terrifying words
 
In the English language are: 
I'm from the government 
and I'm here to help.' 
-Ronald Reagan 

'The trouble with our liberal friends is not that they're ignorant; it's just that they know so much that isn't so.'
 
-Ronald Reagan 

'Of the four wars in my lifetime, none came about because the  U.S.  was too strong.
 
- Ronald Reagan 

'I have wondered at
 
times about what the 
Ten Commandments would 
have looked like if Moses 
had run them through 
the  U.S.  Congress.. 
-Ronald Reagan 

'The taxpayer:
 
That's someone who works 
For the federal government 
but doesn't have to take the 
civil service examination.' 
- Ronald Reagan 

'Government is like a baby:
 
An alimentary canal with a 
big appetite at one end and 
no sense of responsibility 
at the other' 
- Ronald Reagan 

'The nearest thing to eternal
 
life we will ever see on 
this earth is a 
government program.' 
- Ronald Reagan 

'It has been said that politics is the second oldest profession.
 
I have learned that it bears a striking resemblance to the first' 
- Ronald Reagan 

'Government's view of the economy could be summed up in a few short phrases:
 
If it moves, tax it. 
If it keeps moving, regulate it. And if it stops moving, 
subsidize it' 
- Ronald Reagan 

'Politics is not a bad profession. If you succeed,
 
there are many rewards; 
if you disgrace yourself, 
you can always write a book.' 
- Ronald Reagan 

'No arsenal, or no weapon in the arsenals of the world, is as formidable as the will and moral courage of free men and women.'
 
- Ronald Reagan 

'If we ever forget that we're one nation under GOD, then we will be a nation gone under.'
 
-Ronald Reagan 




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Friday, September 30, 2011

Obama says, Ethics really not my cup of tea

President Barack Obama told an audience of high school students in Washington, D.C. on Wednesday that he was “not always the very best student” and that ethics “would not have made it on the list” of his favorite subjects. What is on this fools mind as he address students? As President of the USA is he promoting un-ethical behavior, or just stating the fact that he has none?

“I was not always the very best student that I could be when I was in high school, and certainly not when I was in middle school,” Obama said, speaking at Benjamin Banneker Academic High School. Yes, yes we know that now don’t we! We don’t know where you went to school, what your grades where or in what county you attend school in for the most part, but we do know that you are a poor excuse for a man. One that is arrogant in your beliefs and one that believes in failed socialistic programs. This must be the outcome of your up bring in a fatherless home. A home that was not in America. A home where as you say, you grew up hearing the Muslim cant. To bad you didn't grow up hearing John Wayne! (Fill your hands you................)






“I did not love every class I took. I wasn’t always paying attention the way I should have,” Yep, the parts about ethics and economics…don’t think leadership was top of the list either but Chicago style, lie, steal and cheat, mentality was certain to be a favorite class of Mr. insane.   Obama said. “I remember when I was in 8th grade I had to take a class called ethics. Now, ethics is about right and wrong, but if you’d ask me what my favorite subject was back in 8th grade, it was basketball. I don’t think ethics would have made it on the list.” We got it Mr. President, you really don’t have to tell us, we see it in your actions, GOT IT.

Good bye Obama


Tuesday, September 20, 2011

I Was Fined for Hiring Too Many People!

Please fast forward the video to minute, 5:50. This is where the video starts.
You really need to hear this man!

Tuesday, August 23, 2011

Congress, a simple explanation

The  English language has some wonderfully anthropomorphic collective nouns for  the various groups of animals.
We  are all familiar with a Herd of cows, a Flock of chickens, a  School of fish and a Gaggle of geese.
However, less  widely known is a Pride of lions, a Murder of crows (as well  as their cousins the rooks and ravens), an Exaltation of doves and,  presumably because they look so wise, a Parliament of owls.
  
Now  consider a group of Baboons. They are the loudest, most dangerous, most  obnoxious, most viciously aggressive and least intelligent of all  primates.

So what is the proper collective noun for a group of baboons?  

Believe it or not ....... A Congress!  
   
I  guess that pretty much explains the things in Washington!

Monday, August 8, 2011

Obama and Leadership, vote today



Why has Obama been such a disappointment? 

 Obama "is simply not up to the task" of being our president.  Perhaps his supporters who were so dazzled by his campaign speeches should have noticed "some disquieting aspects of his biography."  Among those disquieting aspects: "that he had accomplished very little before he ran for president, having never run a business or a state; that he had a singularly unremarkable career as a law professor, publishing nothing in 12 years at the University of Chicago other than an autobiography; and that, before joining the United States Senate, he had voted 'present' (instead of 'yea' or 'nay') 130 times, sometimes dodging difficult issues.

The Obama administration has made history by presiding over the first-ever downgrade in the U.S. credit rating. President Obama has outdone all his predecessors in wrecking America’s good name. His answer to this problem: Spend even more.

Raising the debt ceiling was sold as a way of guaranteeing the U.S. credit rating. It had the opposite effect, which makes sense to anyone who understands credit. Take a family with a median household income around $50,000. If they spend $85,000 a year and have debt at $300,000 and growing, it’d be foolish to let them borrow more because they don’t have the income to pay it back. Raising the debt ceiling ignored this reality. Then, the Obama administration immediately demonstrated its utter lack of creditworthiness by blowing 60 percent of the initial $400 billion increase in one day, the largest single-day accumulation of debt in U.S. history.

The White House blames the George W. Bush administration for every economic woe, but the numbers speak for themselves. In 2008, the federal budget deficit was around 3 percent of gross domestic product. In 2011, it’s around 11 percent. Total federal debt was $10.7 trillion at the end of 2008 and is currently $14.6 trillion. Debt as a percentage of GDP was a painful 69 percent at the end of the Bush years, but Mr. Obama is pushing it over 100 percent, another disgraceful historic milestone.
 
The United States is no longer considered among the safest financial risks in the world after Standard & Poors downgraded the U.S. credit rating, but the head of the team that made the change says entitlement reform would go a long way to restoring the country's status.

S&P says that spending on entitlements will persistently drag U.S. debt further into the red.

"The key thing is, yes, entitlement reform is important because entitlements are the biggest component of spending, and the part of spending where the cost pressures are greatest," The S&P said.

S&P remarked that the agreement last week to reduce the nation's debt by at least $2.1 trillion over the next 10 years "fell well short" of comprehensive reforms that some had advocated. It added that it foresees the select congressional committee to be organized to find additional savings will likely avoid raising taxes or doing any significant entitlement reform.


This down grade is the Obama administration fault, no one else’s!