S&P Downgrade: Ex-Obama Adviser Christina Romer Says U.S. ‘Pretty Darn F**ked’–Source: HuffPost

On the same night that Standard and Poor’s downgraded the United States’ top-level credit rating for the first time in history, Christina Romer, former chair of Obama’s Council of Economic Advisers, didn’t mince words when asked of downgrade’s potential consequences. (h/t NewsBusters)