August 6th 2011
S & P Downgrades US Credit Ratings
It wasn't enough to save 2 trillion dollars from the budget cut that was signed just two short days ago. Being passed by the Senate and the House after weeks of argueing on the details. Following on its heals was a over 500 point drop of the Dow Jones Market leading into a financial worries of are Triple A being downgraded a notch. What snowballed out of control can only be fixed by geniuses in the homeland to turn the country around because the senetors and representavies can't seem to add. On a soboring note the country has come to realize its not first class anymore and if its anything like me there is a depressing feeling felt late tonight about this information.Being told it could happen and being warned it could happen and having happened maybe the congress will now work together to get things straightened out but I doubt it. On a World scale of this event taking place the Asian Markets wont perform till Sunday revealing what are actions has caused. So how does a person contend with the stock market? And the five dollars he has left in his pocket? Not knowing the effects this will cause higher interests and not being able to borrow from other countries will evidently bring are boys home from war. Something to look forward to. If this keeps going the way things are going Obama will be a one term president. But you can't blame one man when its ceos and banks policies and actions of individuals. Spend Spend Spend.Tonight I think of the Nation with a American Hope I know nothing of when to buy and when to sell and when to keep my money in a stock. But somewhere along the line somebody has to draw a line. To night as the Nation goes to bed something must be done
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