Update: Full S&P Statement here.
AA+ is not a battery or bra size, it is our new credit rating. Well done, Mr. President – it only took 30 months to undo 70 years of a sterling credit rating.
How about locally? Leesburg Today reported on Aug 1 that Loudoun, along with numerous other Virginia localities, was put on Moody’s Review List. Loudoun was first rated AAA by Moody’s in 2004. The Obama downgrade will not help us.
What is answer? How about a Super Committee, made up of tiring bureacrats that probably had a hand in every contributing factor? Or maybe we should just listen to Debbie Wasserman-Schultz because she says we’ve really started to turn things around – as evidenced by the glowing jobs report today.
The cherry on top of the cake this week is that Roseanne Barr has announced she is running for President.
Folks, you can’t make this crap up.
Happy Birthday Mr. President, from Loudoun County and all across this great land.