The inevitable degradation of America into a banana republic continues.  S&P downgraded the federal government's credit rating and is indicted while other ratings agencies are in the clear.  Meanwhile nothing is done about the fraudulent activities of, say, Jon Corzine.  They do not threaten the interests of the state.  

Obama in 2016!

http://online.wsj.com/article/SB10001424127887324445904578284064003795142.html
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