AXELROD SPINS BUT TRUTH WILL PROVE HIM WRONG

Axelrod: This is a "Tea Party downgrade"

• Submitted by Mellie B and posted by Sarah Roman on August 7, 2011 at Patriot Action Network

My fellow patriots,

We need to each give ourselves a HUGE pat on the back.  Our movement is finally being heard and making a difference in America.  They are scared to death of US... because they know that WE THE PEOPLE have been awakened.  All of us together have made it known to everyone in Washington that WE THE PEOPLE have had enough.  Great job patriots!!!

<This is the link to read Axelrod's 'spin' in a web of lies and imaginations.>

http://www.cbsnews.com/stories/2011/08/07/ftn/main20089207.shtml 

Just read the words that accompanied Standard and Poor's announcement to understand why our debt was downgraded:

We lowered our long-term rating on the U.S. because we believe that the prolonged controversy over raising the statutory debt ceiling and the related fiscal policy debate indicate that further near-term progress containing the growth in public spending, especially on entitlements, or on reaching an agreement on raising revenues is less likely than we previously assumed and will remain a contentious and fitful process. We also believe that the fiscal consolidation plan that Congress and the Administration agreed to this week falls short of the amount that we believe is necessary to stabilize the general government debt burden by the middle of the decade.