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Showing posts with label Credit Rating for the US. Show all posts
Showing posts with label Credit Rating for the US. Show all posts

Monday, August 8, 2011

A Few Thoughts on Obama and Presidents in General

Wait a minute, you really think this is my fault?
I am not going to go into detail about the US losing its AAA credit rating with S&P. Although the fact that it happened on a Black President's watch is pretty darn funny, in the funniest unfunny way that I can approach it. (Insert random Black person and credit joke here.) When President Obama was elected I told a close friend that this was the only time in history that a Black man could get the job. The country was losing trillions on wars abroad, the home loan industry, which had become the backbone of the economy since the 90s was in the dumps and the crisis America faced/faces was paramount to walking in front of a firing range at Marine base Camp Pendleton. In other words, the country was literally going to hell in a handbasket with the devils singing Brittany Spears (Ooops I did it again) and eating copious amounts of gas inducing beans, blasting a stench that would linger for at least 4 years into the next presidency. In other words, if there was anytime to let a Black man take the fall for a country that has been falling for 30 years, why not now?
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