Naysayers pointed with alarm today as Financial Markets reacted to the down grading of Greece's ability to repay enormous loans, rating their bonds S-8, which unofficially is lower than whale shit on the bottom of the ocean.
Also down graded was Portugal which is the next marginal economic country doomed to go down the toilet in the 2 year old economic melt down.
Meanwhile in Greece, socialist public workers continued to strike, refusing to contribute to the governments efforts to cut costs on an out of control spending spree thereby encouraging non productivity, while penalizing free, prudent, and rational enterprise.
Following the EU implosion, the New York Stock Exchange put an emphatic period to the days disastrous events while dropping over 200 points in a dramatic 'no confidence' vote for the EU Economic Path, suicidally being pursued by US Regime Leader, Barrack Obamsky.
In a comical display of chutzpah, the newly elected President trotted out two egg heads recently appointed to tell him how to cut the "unsustainable' deficit, while he continues to push for more socialistic programs driving the country into deeper unemployment and overwhelming debt.
Anticipating their directed findings, the President said 'nothing was off the table' including the soon to be issued VAT tax, increased property tax, increased unemployment taxes, a carbon tax, a national sales tax, and a 'founders tax' placed on all natural born citizens now still working.
The President avoided any references to tax reform, cutting medicare fraud, collecting delinquent taxes from Federal Workers, or from Al Sharpton, for that matter, who happens to owe $1.5M in taxes and Penalties.
In fact, the President in continuing his candidacy stumping for the Head of the EU in 2012 after he is voted out of office, indicated an all out Justice Department Assault against the state of Arizona that signed into law a bill that enables them to enforce a Federal Bill regarding illegal aliens.
Arizona says the bill will control the unsustainable spending attributed to costs associated with feeding, clothing, educating, jailing, and burying ILLEGAL aliens while the Federal Administration looks the other way.
Obamsky said, if necessary he will deploy Airborne troops to secure all major cities in Arizona and take over day to day functions of the elected officials in order to keep unrestricted funds flowing to all non citizens.
Obamsky reiterated he had no intention to restrict access to the over run state by enforcing border crossings, and in fact said he would staff the border points with volunteer Acorn Workers to supply directions on how to apply for state aid, vouchers for free housing, food stamps, and bus chits to help cut costs as they moved in land to Detroit, Chicago and Boston.
Meanwhile in the UK Gordon Brown and Nick Clegg praised Obamsky's fight for 'human rights', while Cameron said he needed time 'to think it over.'
In late breaking news, the Arizona Attorney General filed several amendments to their bill, which also includes a stipulation that anyone on an election ballot produce a valid birth certificate.
Under the new amendments, anyone who has cheated on their tax returns, has an outstanding balance on taxes owed which have been repeatedly ignored, will be arrested and held until the matter reaches a satisfactory resolution. A spokesman said adjudication will take place on any case within 48 hours, thereby cutting the time currently taken by the congressional
'ethics committee' by 3 years and 363 days.
According to private jet carriers in Washington and New York, several high ranking elected officials and heads of non profit organizations, have suddenly canceled travel plans to the state to protest march in the streets, but in a prepared statement said their 'thoughts, prayers and future election hopes' are with their 'kindred illegal constituents'!
Arizona volunteer firefighters have voted Al Sharpton "Racial Arsonist of the Year."