UNDER THE OBAMA ADMINISTRATION THE U.S. CREDIT RATING WAS DOWNGRADED FOR THE FIRST TIME IN 70 YEARS. MANY AMERICANS DON'T KNOW EXACTLY WHAT THIS MEANS. BELIEVE ME IT'S NO LAUGHING MATTER. WE ARE BORROWING MORE AND MORE MONEY FROM CHINA AND JAPAN AND NOW HAVING TO PAY MORE FOR THAT MONEY. IF YOU OWN A HOME AND HAVE TO PAY A MORTGAGE YOU KNOW HOW MUCH A LOW INTEREST RATE MEANS.
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