Former U.S. Secretary of Labor Robert Reich is in a new parody video on where he explains what'll happen if America's credit rating keeps being downgraded.

He says if we drop to A-Minus, America has to move back in with England, and every Red Lobster will become a Long John Silver's.  At Triple-B, the flag will have to choose between stars and stripes. And if we fall the whole way to Double B-Minus, John Tavolta loses his telekinetic powers in the movie "Phenomenon."

Check out what will happen in the video below. It's chock full of LOL's.

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