US Downgraded

C

Canceled2

Banned
S&P downgrades US credit rating from AAA
S&P issues unprecedented downgrade of US credit rating, saying debt package falls short

The United States has lost its coveted top AAA credit rating.

Credit rating agency Standard & Poor's on Friday downgraded the nation's rating for the first time since the U.S. won the top ranking in 1917. The move came after Congress haggled over budget cuts and the nation's borrowing limit -- and failed to cut enough government spending to satisfy S&P. The issue has contributed to convulsions in financial markets.

link
 
Enter Obama to tell us how it doesn't matter, after he spent the last two months telling us it is the only thing that should matter...

BBA, it is time.
 
Do you think this will stop these crooks from printing more money? They are like a bunch of shopping addicts. They dont have to live with the debt like Joe Sixpack.
 
Mr. T said:
Do you think this will stop these crooks from printing more money? They are like a bunch of shopping addicts. They dont have to live with the debt like Joe Sixpack.
Click to expand...

I'm not even sure we'll avoid a Weimar Cycle, the man in the White House and his party are out throwing around "second stimulus", and the Democratic Party can't seem to understand the value of our money is based on the value of our debt, more is not good. It's surreal.
 
Just imagining Bush as president now. LOL. Talk about a rabbit in the headlights!!

Palin's solution would be to 'reload' and shoot an animal ... or a university student!
 
Mr. T said:
Do you think this will stop these crooks from printing more money? They are like a bunch of shopping addicts. They dont have to live with the debt like Joe Sixpack.
Click to expand...

I would argue its exactly like joe sixpack, neither of them have a grip on their spending, neither are going to stop, and neither have any chance this side of hell of ever getting out of debt, this day and age money is some wierd shared dream that we all have, it's more ephemeral than honesty at an inaugeration ceremony
 
Teabaggers did it?!!

Ice Dancer said:
S&P downgrades US credit rating from AAA
S&P issues unprecedented downgrade of US credit rating, saying debt package falls short

The United States has lost its coveted top AAA credit rating.

Credit rating agency Standard & Poor's on Friday downgraded the nation's rating for the first time since the U.S. won the top ranking in 1917. The move came after Congress haggled over budget cuts and the nation's borrowing limit -- and failed to cut enough government spending to satisfy S&P. The issue has contributed to convulsions in financial markets.

link
Click to expand...

8511weu.jpg
 
this is all the teabaggers fault. They don't give a shit because they believe jay-sus is coming back anyday now. I know you think I am joking but that is at the core of what these people think. They don't give a fuck.
 
Synchronicity said:
this is all the teabaggers fault. They don't give a shit because they believe jay-sus is coming back anyday now. I know you think I am joking but that is at the core of what these people think. They don't give a fuck.
Click to expand...

It's actually the TEA Party who has been right about everything all along the way... name one thing they've gotten wrong? They were against TARP, against the bailouts of the automakers, against the stimulus, and against raising the debt ceiling. If we had done what they had suggested all along, we would not be where we are today, but we've not done anything they've suggested, instead, we've been inundated by stereotypes and over-the-top insults, the likes of which we've never seen in American politics before.... and there has been some really bad shit said about people in American politics!

The people who "don't give a fuck" are pinheads like you, who want to hang on to your ideology... your precious ideology... even if it destroys the nation in the process, you don't give a fuck! It doesn't even register in your pinhead mind, that "raise the debt ceiling" ought to be an OXYMORON! We shouldn't even be discussing it, as rational logically-thinking people, but we are... and daring to challenge anyone who questions our raising it by calling them names and vilifying them! None of you have yet to answer my question... what is the purpose of a debt ceiling that is automatically increased whenever it's reached? Isn't it a useless arbitrary marker, that means absolutely nothing? ...No, that's being too kind, it's not even really a marker... what's it marking, the next time we will raise it? It means absolutely ZERO if we do not wish to comprehend the purpose of it.

The TEA Party merely raised the question, and it was poignant and significant, because it will change the debate over raising it in the future, it will never again be a "given" that we'll just vote to increase it. That' political progress, from a movement which BARELY controls power in the US House. Imagine what is to come under President Bachmann and her supermajority TEA Party Congress? :cof1:
 
Synchronicity said:
this is all the teabaggers fault. They don't give a shit because they believe jay-sus is coming back anyday now. I know you think I am joking but that is at the core of what these people think. They don't give a fuck.
Click to expand...

You live to be humbled.

Check out ronpaul.com
 
Dixie said:
It's actually the TEA Party who has been right about everything all along the way... name one thing they've gotten wrong? They were against TARP, against the bailouts of the automakers, against the stimulus, and against raising the debt ceiling. If we had done what they had suggested all along, we would not be where we are today, but we've not done anything they've suggested, instead, we've been inundated by stereotypes and over-the-top insults, the likes of which we've never seen in American politics before.... and there has been some really bad shit said about people in American politics!

The people who "don't give a fuck" are pinheads like you, who want to hang on to your ideology... your precious ideology... even if it destroys the nation in the process, you don't give a fuck! It doesn't even register in your pinhead mind, that "raise the debt ceiling" ought to be an OXYMORON! We shouldn't even be discussing it, as rational logically-thinking people, but we are... and daring to challenge anyone who questions our raising it by calling them names and vilifying them! None of you have yet to answer my question... what is the purpose of a debt ceiling that is automatically increased whenever it's reached? Isn't it a useless arbitrary marker, that means absolutely nothing? ...No, that's being too kind, it's not even really a marker... what's it marking, the next time we will raise it? It means absolutely ZERO if we do not wish to comprehend the purpose of it.

The TEA Party merely raised the question, and it was poignant and significant, because it will change the debate over raising it in the future, it will never again be a "given" that we'll just vote to increase it. That' political progress, from a movement which BARELY controls power in the US House. Imagine what is to come under President Bachmann and her supermajority TEA Party Congress? :cof1:
Click to expand...


Let's see what you will be saying if and when the dollar is replaced as the reserve currency.
 
Synchronicity said:
this is all the teabaggers fault. They don't give a shit because they believe jay-sus is coming back anyday now. I know you think I am joking but that is at the core of what these people think. They don't give a fuck.
Click to expand...


Stupid~ The problem with the deal is that it was not enough in actual and real cuts... GTFU
 
Lowaicue said:
Just imagining Bush as president now. LOL. Talk about a rabbit in the headlights!!

Palin's solution would be to 'reload' and shoot an animal ... or a university student!
Click to expand...

LOL! Says he who has a freak out post on the topic of S & P's rating?
 
You must log in or register to reply here.
Back
Top