Obama’s Downgrade May Last Until 2029

Obama scored another historical first on Friday, becoming the first president to see the U.S. credit rating downgraded by Standard & Poor's, from AAA to AA+. While we hope his presidential reign lasts no longer than January 2013, Americans may have to live with the consequences of Obamanomics for more than a decade to come. The chairman of Standard & Poor’s sovereign debt ratings, John … [Read more...]

Legal Experts Say Obama is Lying About Social Security Hysteria

The scare and intimidation tactics the president has employed during the debt ceiling debate have grown so outrageous that two experts on the Social Security system are imploring Barack Obama, "Mr. President, please stop needlessly scaring the millions who rely on Social Security benefits." Obama warned in his nationally televised speech on Monday night that if Congress does not vote to raise … [Read more...]

Impeachment Works? Obama Backs Off Fascist Debt Ceiling Threat

Conservatives who say they believe in "peace through strength" might take a lesson from the Obama administration this week. Its officials walked back discussion of an end-run around Congress on the debt ceiling after Republicans stepped up their talk of impeaching Barack Obama. Treasury Secretary Timothy Geithner had raised the possibility the president might unilaterally raise the debt ceiling … [Read more...]

Will Obama Go Fascist on the Debt Ceiling?

by Ben Johnson, The White House Watch Barack Obama has sometimes been fond of branding his Republican foes “hostage-takers,” but officials in his administration have found a new hostage in their negotiations over raising the debt ceiling: the U.S. Constitution. The president’s advisers and several “unbiased” media outlets are suggesting if Congress refuses to raise the debt ceiling, Barack … [Read more...]