Happy Obama Day!

Our glorious leader has given us all a birthday present — for the first time in history,   S&P has downgraded  the U.S. credit rating.   Remember that Treasury Secretary Geithner said,  way back in April,  that we were in  no danger  of losing our credit rating standard  (h/t to Drudge,  who saved me from having to find the quote).

Of course,  His Oneness  is claiming   “serious errors”  in the S&P report.

Naturally,  the downgrade could not possibly have anything to do with the fact that most of the debt  ceiling increase  was eaten up in a single day.  Or perhaps the objection was to hearing that  a record 45.8 million  people are now on food stamps.