From Eric Dondero:

Presidential candidate Michele Bachmann first out-of-the-gate with strong words for the administration on the Friday eve S&P downgrading of America's credit rating:

Our country has had a Triple 'AAA' rating since 1917. That rating has never been downgraded. It has endured the Great Depression, WWII, Korea, Vietnam and the Terrorist attacks on 9/11. This president has destroyed the credit rating of the United States, and failing to control the debt, and once again raising the debt ceiling. We were warned by all the credit agencies, that a failure to deal with our debt would lead to a downgrading of our credit rating.

Note - We are thankful to our friend Jim Hoft of the libertarian-conservative website Gateway Pundit for linking to our breaking story late last night.

UPDATE! Stacy McCain now has the Michele Bachmann video at the Iowa event, first calling for Geithner to resign, up at his site.