Obama and his crowd deplore American exceptionalism, so they should be thrilled to find out that our credit rating will be down-graded! Robert Prechter, a bit of a doom and gloom guy, but one who predicted the 1987 Crash when all else were saying "remain calm," is stating the obvious...and he is not alone:
Prechter, known for predicting the 1987 stock market crash, joins a growing coterie of market heavyweights in forecasting the United States will lose its top credit rating as the government issues trillions of dollars in debt to fund efforts to bail out the economy.
Isn't this awesome (if you are an Obamanoid)??!! We can ruin our economy just like any other Third World Country...we are the world!
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