The most profligate and irresponsible spenders in world history know that rating agencies like Standard & Poor's will downgrade the United States -- irrespective of the debt ceiling issue -- if massive spending cuts are not enacted. And real spending cuts are anathema to the Soros-controlled, hard left Marxist Democrats.
A downgrade is likely no matter what comes out of current negotiations. Specifically, Standard and Poor's has indicated a $4 trillion deficit reduction package is necessary by Aug. 2 to avoid a downgrade......That simply is not possible given the president's aversion to genuine spending cuts -- evidenced by his failure to table concrete spending cut proposals -- and the insistence on no new taxes by many members of the Republican House caucus.
The modern Democrat Party -- authors of a traitor's greatest hits like "This war is lost" and "General Betray-Us" -- is so far removed from the party of Truman and JFK that it must be politically obliterated in 2012 for this Republic to survive.
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