S&P verdict… Tea Party found innocent, Obama and both Congressional parties guilty

Late yesterday, the judge (the S&P) issued a verdict on the status of the case involving the US economy, and exonerating the accused defendants (the Tea Party) of all charges leveled by the plaintiffs (the WH, both parties of Congress, and the media). Said accusations? That any repercussions of the debt ceilings debate – aka national credit ratings, general Armageddon, and all ensuing fallout – were primarily the responsibility … aka *blame*… of the grassroots, unorganized and unofficial movement referred to, generically, as the “Tea Party”. These accusations, without founding in any logical other than political demonization, were based on supposed influence on Congressional members, attempting to use the need for a debt ceiling increase, as the correct moment for also negotiating a path to fiscal responsibility.

Communist China Lectures Obama On Basic Capitalism

New York/Shanghai

When the US lost its AAA Credit Rating, China slapped their lap dog in the face and told Obama,

the “good old days” of borrowing are over.

“The U.S. government has to come to terms with the painful fact that the good old days when it could just borrow its way out of messes of its own making are finally gone,” China’s official Xinhua news agency said in a commentary.

China, america’s largest creditor feels Washington has only itself to blame for its plight and renewed calls for a new global reserve currency.

Sad Day – 31 Troops, Many From Seal Team 6, Killed in Afghanistan

A very sad for our country. 31 members of our country’s best were killed last night after they had assaulted a Taliban stronghold. It’s the single biggest lost of life, in one incident, in the 10 years we have been in Afghanistan.

In the deadliest day for American forces in the nearly decade-long war in Afghanistan, insurgents shot down a Chinook transport helicopter on Saturday, killing 31 Americans and 7 Afghan commandos on board, American and Afghan officials said. American officials said later Saturday that 22 of the dead were members of a Navy SEAL unit, along with other American servicemembers and the Afghan unit. The helicopter was hit by a rocket-propelled grenade in the Tangi Valley of Wardak Province to the west of Kabul, one coalition official said, though others said the exact weapon remained in question.

Obama 2009: Hold me accountable. Obama 2011: Nevermind! [Reader Post]

Obama 2011:

“It’s been a long, tough journey. But we have made some incredible strides together. Yes, we have. But the thing that we all ought to remember is that as much as good as we have done, precisely because the challenges were so daunting, precisely because we we were inheriting so many challenges, that we’re not even halfway there yet. When I said ‘change we can believe in’ I didn’t say ‘change we can believe in tomorrow.’ Not change we can believe in next week. We knew this was going to take time because we’ve got this big, messy, tough democracy,” President Obama said at a campaign fundraiser in Chicago on Wednesday night.