S&P downgrades US credit rating

Who would have thought that America would owe Communist China $1.3 Trillion, shame on all politicians over the last 30 years. You really did it.

They knew it would happen and yet they let it happen and then they ran home to brag about what a good job they did and how it was the other guys fault.

Rather than fixing the blame, how about fixing the problem.

Let's see....Congress on vacation, Obama at Camp David, my son in Iraq and my 401k in the toilet....anyone else have the same issues?

If Congress is serious about getting the debt then show the American people that you will accept term limits,pay premiums for a health plan that is no better than what is afforded nationally by insurance compaines. When you serve your term, you do not get free health care for life, and finally you do not get a retirement check for life. Once Congress agrees to these provisions then and only then will the people start taking you seriously.

The British empire crumbled because of lack of money after WW2. This is much worse. US is at 14 TRILLION DOLLARS. Are you serious? Do you know how much money that is!!

It’s now impossible to deny the obvious, which is that we are not now and have never been on the road to recovery.

We need to get past the playing of political rhetoric. Our country is on the line. China is "scolding" us for our addiction to spending. They are the ones buying our debt and will hang it over our head when it suits their goals. We must make a choice. The voice of Kennedy saying what can you do to help your nation is long gone. Its now a nation of handouts at home and world police globally. But I am afraid the only thing on a politicians line of priority is the next election. The downfall of the USA is when we let them make their position a career instead of a service.

$50 Billion per month. WE trained Afghanistan how to bankrupt the Russians.

No wonder our elected officials are so far apart when it comes to compromising on a solution. Just look at the people in here who throw blame on whichever party they are not associated with like they actually know what's going on. BOTH sides seem to care too much about their"Party Lines" and written contracts to someone other than their constituents not to raise taxes. They are both clueless and all us peons are paying the heavy price for their lack of leadership. Being a leader means taking the credit AND the blame because you are the LEADER. You know the one who makes the decisions?

Both are guilty and to blame for mismanaging the country and its resources. There is no doubt about that. Blame games are another shameless attempt even at this juncture to shift their own respective failures and responsibilities. Hopefully they will start climbing down from their ivory towers and high pedestals and start doing something really concrete and constructive for the nation and its people. Losing the AAA status and the continual devaluation of the US$ is going to hit the ordinary citizens particularly hard when the USA hardly manufactures and produces the most basic of products other than farm produce and the cost of imported goods go up. The rich and wealthy are never affected one way or the other.

Vote in folks who can think straight and without corporate/rich folks money and all those lobbyist backing them. The best deals should be for the small business and common working folks.

90% of Obama's stimulus money cannot be accounted for. And he wanted, and wants more stimulus money? He needs to be voted out...We need a new crew in Washington...Some grown ups who know how to run a country...Let's impeach Obama before he totally ruins the country...

Thank you S&P. Finally someone that the U.S. government cannot BS.

A lot of people think Medicare and Social Security are a government gift. This is not true. Social Security and medicare are paid for by the company you work for and a payroll deduction of your own paycheck. These are no gift if you are a legal taxpaying American.

I live within my ways and means, I own a house, three cars and a truck, and NO DEBT!
Why can't the government do the same? How about that???

I wonder why the New York Times doesn't do monthly stories on the growing number and plight of America's homeless anymore? You know, like they routinely did when GWB was in office.

For the stupid and greedy fools who thought the glory ride would never end, reality is always met with the blame game. The very essence of politics is to promise what you can never deliver and blame it on the other party for your failure. The foolishness of it are those who think or believe it will all happen and its won't cost them a dime....and someone else will pay for it But, greed and gullibility assures nothing will change and from the politicians point of view, its all about power. Lost from all of this is the constitution, rule of law, sovereignty, the will of the people, the best interest of the republic and a total refusal to accept the truth and reality. But the key to making it all work is to polarize the people and use the divide and conquer method without firing a shot. The only role the Tea Party has played in any of this was to bring out the truth and point out reality. The two things that are the worse enemy of those in power.

This is the fault of a GREEDY CONGRESS that puts there needs before the needs of the country and it's people. Richest Congress In History if that tells you anyrhing. Everyone will now pay more for there greed when so many have already lost everything they own! When election time rolls around the same people will be voted for again by those they have raped.

We Americans should have been more careful with our votes.