This is NOT self-deprecation. It’s actually a bit of self-appreciation.
Dave Letterman is the target of jihadist death threats over some jokes he made.
Standard & Poor’s is being investigated by the Feds for doing their job.
I’ve said enough things to piss off plenty of people. I’m sure that I’ve even angered some to the point that if they had their chance, they’d express their displeasure with me, my thoughts, or my words in a physical manner. But being a “nobody”, I don’t believe I’ve shown up on any jihadist websites or other hate lists. At least, not as far as I know.
As for investigations, I’ve been the subject of an investigation or two in my life—at least, the ones I know of. But what did S&P do? They downgraded the US credit rating. Seems they were doing their job.
The US National Debt Clock (see link) indicates we’re at $14,599,040,118,987.61 as of this writing. That’s Fourteen Trillion, Five Hundred and Ninety-Nine Billion, and change.
The Unemployment Rate is at 9.1% at the end of July.
Washington is hugely dysfunctional. The President who as a candidate said he could work across the aisle ran roughshod over Republicans when he had a Democrat-controlled Congress, then solicited cooperation when House control fell to Republicans, and has verbally bullied all who stand in the way of his agenda. As a CEO of a corporation, he would have been ousted by the Board of Directors by now.
So if the US were a corporation, would you buy its stock? Would it have a triple-A rating?
Let’s say this is my house—my family. I’m hugely in debt, I am the only working adult, and even then, I’m under-employed (as they call being underpaid these days), and I don’t seem to be able to get along with coworkers. In order to pay my bills, I have to borrow more money. I haven’t been late on any payments but that’s only because I keep asking the credit card companies to up my limit. They do, I take a cash advance at a higher interest rate, and I pay the more urgent bills.
I tell my creditors that if I can just make a little more money, I’ll be able to start paying my bills better. In the meantime, I continue to rack up more bills, higher debt, and incur higher interest rates.
Equifax, Experian, and TransUnion would downgrade my rating so fast that I would feel weightless in the free fall!
My credit-worthiness is a score based on how well I handle my credit, pay my bills, and manage my available credit. If the US were measured along the same lines, there’s no way it would have a Triple A rating. Standard & Poor’s did its job, tough as it may have been to do, and as unpopular as it now seems to be. One cannot cross Obama and not get stung!
So because I’m a nobody, the credit reporting agencies manage my score accordingly. I will have to live within my means and forget about long vacations in Europe, fancy cars, additions to the house, and the other luxuries I really don’t deserve—but want. Maybe the US needs to get off of its high horse and realize that austerity measures are not just for Greece and Ireland.