Nile Gardiner, a British conservative commentator and former aide to British Prime Minister Margaret Thatcher, unleashed on US President Barack Obama (Democrat) in his latest column, summing up Obama and his Democratic administration’s actions perfectly: The decision by credit agency Standard and Poor’s to downgrade America’s AAA credit rating for the first time in 70 years is a massive blow to the credibility of the Obama administration, and a damning indictment of its handling of the economy. No doubt the White House will pathetically try to blame the Bush Administration, Republicans in Congress, and of course its favourite target, the Tea [...]
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