Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : President Barack Obama -- Ignore unavailable to you. Want to Upgrade?

To: tejek who wrote (99313)	8/9/2011 11:25:02 AM
From: ChinuSFO	Read Replies (2) \| Respond to of 149317

I don't think debt is a problem. If it was, then how is it the US can borrow at a lesser interest rate today than it was before the downgrade? Debt being a problem is a manufactured one. I am not happy with Obama because he has refused to use the power of the Presidency to improve the country. The President has to protect this country against all internal and external threats. He failed to perceive the political infighting as a threat to the economy. It is unfortunate that S&P saw this instability and infighting as a threat before he did. From what I understand, he could have invoked the 14th amendment if he did not get the 4T which not only he but also the Simpson-Bowles commission asked for.