It's the Monday after our nation's credit downgrade by Standards and Poor. From AAA to AA. Surprised? Many in the business community were not that surprised. True, the stock market is down currently over 200 points and the other markets around the world reacted similarly.
Now I'm reading on the web this morning that it's a Tea Party downgrade. Once again, finger point. Blame.
People are calling for Geuthner's resignation. Does anyone think this administration would replace him with someone with a different approach? No. His approach is this White House's approach. We would just get another person asking for more and more $ to stimulate this economy.
Did anyone see that business lady on with Cavuto? She was a strong clear voice. Why should I hire anyone else? Why should I take the risk? Why should I take out more loans? What my goal is with my company is quite clear. We need someone to lead -- with set goals and reliable steps set forth to reach the goal. This man will not be known as the first black president. He'll be known as the downgrade president.
Those are my thoughts for today. Replacing Geuthner - not the answer. More stimulus $ - not the answer. What could the answer be?
'til later
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