Showing posts with label S and P. Show all posts
Showing posts with label S and P. Show all posts

Wednesday, August 17, 2011

Excuses, excuses, excuses...

John Belushi (as Jake Blues from "The Blues Brothers") translates President Obama's speech on America's credit downgrade...



Monday, August 8, 2011

Another sign of the times...



Today's news: Dow tumbles 634 points on recession fears -- the sell-off comes in reaction to the downgrade on U.S. debt by Standard & Poor's...

(LA Times): "President Obama tried to reassure the world that U.S. leaders could put aside the political disputes that put the country on the brink of default before a last-minute agreement to raise the debt ceiling. 'Markets will rise and fall, but this is the United States of America,'" Obama said in a midday speech from the White House. 'And no matter what some agency may say, we've always been and always will be a AAA country.' But his comments failed to stop the market slide, which came on the heels of the Dow's 512-point shellacking on Thursday."


Someone let us know when "The Recovery" is over. Let us up -- we've had enough...

"Debt man, talking" -- Obama at today's news conference...

(h/t: Instapundit, bumpersticker; R. Limbaugh, caption)