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September 21, 2011

Amidst Fed's Bleak Economic Outlook Moody's Downgrades Bank of America's Credit Rating

Topics: Political News and commentaries

Forget your own personal credit rating. When the credit rating of the bank that finances your home, holds your credit cards, and denied you a loan last time around, is downgraded, forget your credit score, you are in deep shit!

Good decent American folk who through no fault of their own, but on account of the economic calamity unleashed by Obama's failed socialist and regulatory "Redistribution of Wealth" "let's give an advantage to blacks and illegal aliens on account of the color of their skins 'Affirmative Action' " policies, have lost their good credit or have had their credit rating downgraded, move over because, ironically that selfsame Bank of America that denied you credit, and or downgraded your credit score, is now going to join you!

Bank of America has been on the ropes for some time on account of all the "toxic assets" it holds on account of Barney Franks' and the Democrats' insistence in the past to grant home loans through guarantees by "Freddie" and "Fannie" to black drug dealers, people on welfare, and Mexican illegal aliens who with a Mexican Consulate ID card could secure a loan from Bank of America!

But today Moody's just downgraded Bank of America's credit rating, even as the Fed announced a bleak outlook and the DOW plunged once again.

As is to be expected, such analysts as Charlie Gasparino, who was just on Fox News with Neil Cavuto in his program, don't expect much to come of it since at worst Obama and the Fed will simply, again, bail Bank of America out, which is "too big to fail", and increase the burden of the national debt killing our economy by a paltry three trillion dollars - which, of course, to Obama is just pocket change - the "sonofabitch" (a Peter O'Toole expression that has nothing to do with Obama's somewhat slutty mother).

When will American voters ensorcelled by their indoctrinated "white guilt" and their "eternal black victimization" open up their eyes and realize that this man, whom we in our electoral fickleness and banality elected for the most part on the basis of the color of his skin and because of his lofty, empty rhetoric, in good English and not in "Ebonics", is an inexperienced, at times naive, leftist ideologue, hell-bent on carrying his Marxist-driven "Social Justice" agenda, even if it drives this nation to an economic calamity greater than the "Great Depression"!

Isn't there any way that Congress can remove this interloper in the White House from his post, before he manages to ruin our nation and all of our lives??? I am afraid we can't afford for him to run his term out! For all the carnage this man has unleashed on the world, such as the "Arab Spring" he helped fuel with his betrayal of Mubarak and his egging and encouragement of the protesters on the streets of Cairo, and all the damage and misery this man has brought to America, his presidency should be blotted from the annals of American history!

Can America afford to wait Obama's term running out and being voted out of office? There should be a way to impeach him now...before it is too late for us all!

Posted by Althor at September 21, 2011 4:47 PM



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