Saturday, February 23, 2013

Britain Loses Ground

Great Britain's credit rating has just been downgraded from AAA to Aa1 by Moody's. It is ironic that the United States under Barack Hussein Obama has adopted all the profligate spending policies that have felled Europe. America has grabbed onto a national health regime similar to the one that has been so costly to the United Kingdom and has now through care rationing, shortened lives. Obama is implementing "green" energy programs like the ones that bankrupted Spain. Britain and Germany have been largely responsible for bailing out the even worse off economic basket cases in the European Union but no nation or group is large enough to rescue America should she continue bleeding debt.

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