PRESIDENT DOWNGRADE

By Selwyn Duke
August 12, 2011
NewsWithViews.com
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When Barack Obama promised change that would transform America, most never suspected that he would make history by presiding over the nation’s first-ever credit downgrade. But, well, yes – he can.

And he did.

Of course, the blame cannot be laid entirely at Obama’s feet. Since Congress controls the purse strings, it allocates the money (the president does have a veto pen, however). And, if in light of this we can still say that a president “spends,â€