06
Aug
11

S&P DOWNGRADES U.S. CREDIT RATING. HOW DO YOU FEEL ABOUT IT?


So it’s now official. Credit rating agency Standard & Poor’s on Friday downgraded the credit rating of the United States, stripping the world’s largest economy of its prized AAA status. S&P back in July put the United States on “Credit Watch with negative implications” as the debt ceiling debate devolved into partisan bickering.

On my Twitter account I tweeted.

“So… America’s credit rating has dropped. Now the US Gov now knows how the average working person feels.” I was pissed about this in all honesty. Never in America’s history this has ever happened. Grated this NEVER should have happened at all. But is seems that our great leaders (or not so great in this case…) in Washington DC. Have become out of touch with the problems what the average American has to go through in life.

From paying bills, living from pay check to pay check, trying to find employment, interest rates going up and so on. They (The U.S. Government) has finally become “one of the people” by having its credit rating drop. In the world of social media that we now have. I had posted the following tweet on my twitter account.

“S&P downgrades U.S. credit rating. Hum. I might do another blog post about this. What do you all think? Tweet your comments & I may post it.”

After some time I had noticed the hashtag on Twitter #AAAtoAA. From there I had seen many people’s “tweets” about this late night breaking news event. Here are a few… Those that gave me permission to post their Twitter accounts names are visible, Those that did not give permission their Twitter account names are not shown. But I wanted for this post to show the thoughts of millions of American’s about what has just happened.

Here are just a few of the posted comments from Twitter.

“MatosHaile Richard Matos-Haile

@LUIS_CASTRO_NYC how can our leadership make the money they make and leave the rest of lift out to dry”
“@**** RT by LUIS_CASTRO_NYC
Republicans: when you point ONE finger to Obama, there are THREE pointing back to you. America deserve better politicians…”
“@**** RT by LUIS_CASTRO_NYC

The Decline Of The AAA-Rated Empire, directed, produced & underwritten by the PG Tips, Twinings, Tetley, Lipton party. Grand Old Nightmare.”
“@****
Just think of how interesting #Twitter will be with more #Unemployed users on it daily! #AAAtoAA”
“@****

Well, they lowered the nation’s credit rating. Good thing my current job as an unemployed English teacher is safe and secure. #AAAtoAA”
“@****

 I will not look at my 401K. I will not look at my 401K. I will not look at my 401K…. #AAAtoAA #S&P”
“@****

We lost an A? Poor United States of Americ #AAAtoAA”
“@****
Way to F up our country Wall Street. Good work. It’s a combo of incompetent politicians and 8 years of George Bush #AAAtoAA”
“@****

 Those against @BarackObama don’t realize that what happens to america happens to all americans wit ya lame a** #AAAtoAA(US Credit)”
“@****
It’s hilarious how GOP is spinning this issue against Obama when it’s their stubbornness that got US here in the 1st place. #AAAtoAA”
As you can see, some people have added humor to what has now become a very bad situation. Along with some people’s true feeling of anger.
If you had the opportunity to tell the President of the United States your thoughts about the matter.
What would you say to him? And to the rest of our government? Use this post to vent your rage or your thoughts about the matter. Let Washington, DC  and the world know how you feel about it.
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