Bloomberg: A 50 percent likelihood that the U.S. will lose its top credit rating from Standard & Poors even if Congress reaches agreement on raising the debt ceiling left markets little changed. ...The U.S. will lose the AAA credit rating it has held since 1941 if New York-based S&P finds that a credible solution to the nations rising debt burden isnt likely for the foreseeable future, the firm said yesterday. Borrowing will continue to rise unless a $4 trillion fiscal consolidation plan is agreed on, S&P said. TIP: Ace of Spades Liberals treat raising the debt limit as if, with the stroke of a pen, we can simply authorize ourselves to spend and spend and spend more money than we have. Doug Ross Let's liken the United States to the following household -- we'll call it the Obama family. The household brings in $100,000 a year. The household's annual spending, however, is $160,000, so it's been forced to borrow heavily to cover those bill When Daddy Obama began running the household in 2009, it had accumulated about $300,000 in debt. But only two-and-a-half short years later, the Obamas are now in debt for $520,000. Now, in the real world, would any banker loan the Obamas money with a $60,000-a-year budget shortfall? What would its FICO score (credit rating) be? It's true: under Barack Obama, we're a subprime country. He and the Democrats built an unaffordable, failed "Stimulus" program into the baseline budget. And he is bankrupting the U.S., debt ceiling or no.