Standard & Poor's rating agency downgraded US Government debt this morning. Immediately the stock market fell out of bed. Government debt was downgraded, not private debt.
Obama's speech on how to raise taxes is the reason the private market is suffering. The stock market is a bellwether of the economy. Obama will use the government debt downgrade to prop up is awful tax (and spend) policy proposal. So he will feel free to push his murderous tax package on the American people.
The damage is done; we have a fearsome price to pay for electing this rat. It is time to think of a way to limit him and the wild-ape government spending.
Email your Representatives and Senators and tell them to reduce spending now.