Obamageddon, Barackalypse Now! Bam is “Debt Man Walking” in 2012
Does anybody now doubt that this is on purpose? I mean, after all, Barack Obama inherits a AAA credit rating from George W. Bush, and look what he does to it. Obama is always running around complaining and whining and moaning about all that he inherited from George W. Bush. Well, he inherited a AAA credit rating, an unemployment rate of 5.7%. Does anybody doubt that this is on purpose? Well, look, my credit rating doesn’t suck. There are a lot of individual Americans whose credit ratings aren’t in trouble. The United States has never been in this position — and the next thing that’s gonna happen is that Fannie Mae, Freddie Mac, and others are going to be downgraded.
What are the Democrats doing? Blaming the referees! Blaming Standard & Poor’s! That always changes the outcome, doesn’t it? Blame the refs. You people in Seattle? The Seahawks, Super Bowl, 2005, Steelers? Blame the refs. Last time I looked the Steelers still won the game. So go ahead and blame Standard & Poor’s all you want, Democrats. Now they’re blaming the military! Barney Frank’s blaming the military. Rumsfeld was on our DC affiliate this morning, WMAL. You know our military spending is 4% of GDP right now? Military spending is 4% of GDP. During the Eisenhower administration in the fifties, post WWII, defense spending was 10% of GDP. Today it’s 4% of GDP, and Barney Frank and the Democrats are trying to say it’s the military’s fault that we’ve been downgraded.
This is the fault of the Democrat Party. Greetings, my friends, I am Rush Limbaugh: America’s Anchorman fighting the rising forces of socialism. They want us to believe now that France is better than we are? And of course you can talk about S&P all you want, folks, but the real problem that we’ve got and the real referee we’re dealing with are the loan sharks, and that’s the ChiComs. The ChiComs are dictating the terms of this. They are our number one lender; and, you know, ask the banks about what happened when Trump was having trouble paying them back. What did they have to do? If Trump went down, they went down. Well, the ChiComs are in much the similar situation.