Do not trust Republicans and do not trust Democrats. Do not trust Obama and do not trust Boehner. Do not trust any of them

Don’t Trust Them

- Vasko Kohlmayer
Wednesday, April 20, 2011

On Tuesday a shock-wave ran through the world’s markets. It was set off by an advisory issued by one of the premier credit rating companies regarding the long-term creditworthiness of the US federal government. This is how the Wall Street Journal reported it:

“Standard & Poor’s Ratings Services Inc. cut its outlook on the U.S. to negative, increasing the likelihood of a potential downgrade from its triple-A rating, as the path from large budget deficits and rising government debt remains unclear.â€