The downgrade by Standard and Poor's of the United States credit rating proves three things:
1. Obama is probably not going to be re-elected
2. It's a good bet to learn Chinese these days
3. S&P is a really crappy credit agency
Personally, I like Americans, and I think they're probably the best hope for the world's continuing democratic course corrections. Don't get me wrong, Europeans are cool too, but they have their own issues that frankly, I see less among Americans than I do them. And for all we make fun of the Americans for, they are the leader of the world's most liberal and secular culture, that being the West. It's not good to let them go down the drain.
But alas, it appears the US is more or less screwed these days, thanks to quirks in their political system and leaders who can't seem to do anything without putting a knife to each other's throats. I mean, hell, I'm no fan of Stephen Harper, but even he hasn't screwed up to the point where we end up with downgraded credit.