U.S. Stock markets take Major Hits because of S&P Downgrade of U.S. Credit Rating Decline

No President in modern time has become the center of nothing less than a political war, more than our present President, Barack Obama. President Obama entered the office of President with big dreams. He knew that reaching those dreams would require sacrifice, but not from a total sacrifice of the American people,except for the rich, which now seems to be a direct result of politicians not willing to compromise. They did not accomplish anything that would help the majority of people of the United States, but rather have directly helped the rich by guaranteeing them that they will not receive higher taxes. This was done at the expense of the middle class and the poor. With the S&P downgrading the U.S. credit rating from AAA to AA+, the politicians who because the cause of the downgrade now are directly responsible for what is happening in U.S. stocks. With a decline in U.S. stocks by some 600 points just today and over 500 points yesterday, the effects of this catastrophe can be felt around the world. The European and Asian markets felt the pinch, as these exchanges felt the pinch also. The U.S. markets has already erased all of their gains in 2011.
Even President Obama in a mid-day speech tried to starve off the decline but his efforts were fruitless.
To me, what is happening is no less than amazing, or shall I say embarrassing, disgusting, ridiculous, sorry, or whatever adjective can be used to explain how people feel. What Congress has done to the American people will be felt for a very long time. In 2012, the Congress will be doing this all over again, as they will again have to raise the debt ceiling. But the U.S. Congress seems to be fairly ignorant in the fact that if they continue to act like they did this year, regardless if a Republican or Democratic President holds office, the S&P will downgrade the U.S. credit rating again. The United States has not achieved this lower rating in almost 100 years.
President Obama will tell anyone that this is one of his low points in his Presidential career, but every blame goes directly the the U.S. Congress who now have one of the lowest approval ratings that any Congress has ever had. Yes, Democrats and Republicans are both to blame.