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lol G7 holding meetings over americas financial crisis...at least 4 countries in the g7 has no business talkin or should have powers to talk who do all
the amount of interest you clowns pay to china, keeps them going...now whether you guys go broke or not, doesnt concern them cause they already build a buffer even with 1/3 of there reserves is in US treasuries....they are building up their economy, there military... is going down...
lol G7 holding meetings over americas financial crisis...at least 4 countries in the g7 has no business talkin or should have powers to talk who do all
America hasn't defaulted on bonds interest payments, America pays its bills.
S&P, after being trashed for their $2T error, then said their downgrade was political, not financial.
S&P, Fitch, Moody's were all criminally in complicity with their Wall St owners, in falsely rating toxic crap like sub-prime mortgages, as AAA, but the USA isn't AAA anymore?
Guess who owns that $T1.1 in toxic crap now? yep, the downgraded American government
Last edited by boutons_deux; 08-07-2011 at 08:32 AM.
That is beyond wrong and stupid. FFS the batteries you buy over there are rolled by hand. Let me say that again. The batteries you buy over there are rolled by hand. The crap the Chinese buy is much worse than what we buy over here. I don't know where the your friend got that, are you sure he isn't an idiot and was in Japan?
Nice, so now you are pretty much regurgitating the White House's lines. If you read their original release they pretty straightforward talk about the political process. Let's see:
I will say that the White House's spin is more centered around the actual downgrade's legitimacy versus the GOP's which is straight up about the blame game but at the same time you still show no original thought that I see.
"the GOP's which is straight up about the blame game"
Boner's "straight up":
he claims he got 90% of what he wanted, and he's the one who was forced by his own party's crazies to fake this debt ceiling "crisis". iow, the crisis is 100% political, not technical or financial, due to Boner and his crazies.
So if it's Boner's political bad faith, fakery, and Boner's 90% successfull, then
Boner and the Repugs ING OWN the S&P downgrading.
, meet slap, and GFY.
.
yeah yeah that's the ticket
Barry is a ing coward and those who defend him (trolls included) are ing cowards. Get another dem to run for 2012 if you are so bent on blamming the GOP for all your troubles cuz barry ain't getting the job done and will lose. If you are so stupid you can't reconize. Go Yourself and god bless america!
Yes, Barry has no balls.
But Boner and the REPUGS own the downgrade.
God doesn't GAF about America. And Repugs America.
You absolutely miss the point. the only one you are slapping is yourself. My comment about the RNC's comments was not a judgement either way. You felt the need to attack it and then assumed that was my position.
My position is that all you do is parrot what the WH and DNC put out as spin over and over again. You lack any independent thought.
By your own statement the chinese crap we see in our stores is not available in china. So what are you getting your panties in a wad over?
Isn't the AA+ rating still on a ngative outlook? What does that mean for my Ovaltine stock?
Fareed's Take: We've downgraded ourselves.
We have demonstrated to ourselves, the world and global markets that our political system is broken and that we are incapable of conceiving and implementing sensible public policy.
True dat brother (not racist) true dat.
http://globalpublicsquare.blogs.cnn....ves/?hpt=hp_c1
He's spot on. Congress is a joke, both sides of the aisle.
He's also spot on we're going to need both spending cuts and tax increases to get in order again.
Now why can't this just happen?
USA is not downgraded, except by S&P.
This maybe a defensive move by S&P because now if DoJ goes after the ratings agencies for their role in lying about AAA ratings for toxix MBS, the S&P could claim the DoJ investigation was in retaliation for the the downgrade.
USA pays its bills, including all interest on bonds. No default. There is no real downgrade. Like the Repug debt ceiling charade, S&P is full of .
Because any increase in tax collections is giving in to 'socialism' and any en lement reductions is giving in to the 'Teabaggers' or what not. Or, the issue is not a problem to be solved, but rather an opportunity to be exploited and used to follow one's blind allegiance to whichever ideology they worship.
You can raise taxes to the highest levels in history and not cover the deficit. Do people not understand the scale of what went down in the past three years?
We could fix this tomorrow if any trillionaires existed (individual or corporation).
Who says you have to cover the deficit in one year?
Do people are that stupid?
Do people are that stupid?
Drink
We need to get people back to work in the private sector. How will raising taxes help this effort?
Discuss
Seemingly... the first step to start paying down debt is to have more income than expenses. That's certainly attainable with a combination of tax hikes and spending cuts (heck, arguably you can do it with tax hikes alone).
What's so difficult to understand?
And lol @ pinning this down to the last 3 years, and overlooking the previous 8. Good partisan hack.
Why strictly in the private sector?
And lol @ moving goalposts...
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