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Thread: United States loses its AAA Credit rating from S & P

  1. #1071
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    Re: United States loses its AAA Credit rating from S & P

    Quote Originally Posted by AdamT View Post
    he has managed to end the recession he inherited
    "job creation continues to stagger at the slowest post-recession rate since the great depression"

    "by far the worst performance of job generation following any of the dozen recessions since the 1930s"

    Job creation limps along after recession - USATODAY.com

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    Re: United States loses its AAA Credit rating from S & P

    Quote Originally Posted by pbrauer View Post
    Property Taxes:
    it's a lot more than that, friend

    "we have the worst business tax climate in the nation, period, our taxes are 66% higher than the national average"

    "the costs of pensions are exploding... a 476% increase and its only getting worse"

    "the state of new york spends too much money, it is that blunt and it is that simple"

    "an unsustainable rate of growth and it has been for a long time"

    "not only do we spend too much, but we get too little in return"

    "the large government we have is all too often responsive to the special interests over the people"

    "new yorkers are voting with their feet, two million new yorkers have left the state over the past decade"

    "what does this say, it says we need radical reform, it says we need a new approach, we need a new perspective and we need it now"

    "this is a fundamental realignment for the state"

    "the old way wasn't working anyway, let's be honest"

    "we want a government that puts the people first and not the special interests first"

    "what made new york the empire state was a not a large government complex, it was a vibrant private sector that was creating great jobs"

    "and that's what's going to make us the empire state again"

    "at the heart of this state is business"

    "we have to relearn the lesson our founders knew and we have to put up a sign that says new york is open for business, we get it, and this is going to be a business friendly state"

    "we are going to have to confront the tax situation in our state, property taxes in this state are killing new yorkers, thirteen of the sixteen highest tax counties are in new york when assessed by home value"

    "westchester county has the highest property taxes in the united states, nassau county has the second highest"

    "it has to end, it has to end this year"

    "we have to hold the line on taxes for now and reduce taxes in the future, new york has no future as the tax capital of the nation, our young people will not stay, our business will not come"

    "put it simply, the people of this state simply cannot afford to pay any more taxes, period"

    "we have to start with an emergency financial plan to stabilize our finances, we need to hold the line and we need to institute a wage freeze in the state of new york, we need to hold the line on taxes, we need a state spending cap and we need to close this $10 billion gap without any borrowing"

    GOVERNOR ANDREW M. CUOMO STATE OF THE STATE ADDRESS | Governor Andrew M. Cuomo

    Cuomo budget: $10 billion deficit cut, no new taxes, layoffs likely

    Andrew Cuomo approval sky-high, new poll suggests - Jennifer Epstein - POLITICO.com

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    Re: United States loses its AAA Credit rating from S & P

    Damn this sh*t is old... and rank. My fellow Americans leave me scratching my head yet again. All of you are well meaning, but you're not looking past the party pageantry and scenery to see that this is all just theater.

    Carter this, Reagan that, Clinton... Bush... Obama...

    The reality is folks, that not one administration, not one congress in many generations has lived within our budget. That means they've ALL failed us. All you lot are doing is jockeying for who failed us less...

    ... and that is NOT the conversation we should be having... if you can call endless, pointless finger pointing a conversation.

    Here is another historical constant... If the government, particularly a segment of government (party, party faction or politician) is trying to sell you one thing, you can bet what's in the box ain't as advertised and is most often something else entirely.

    Bet on it. Now there are some derivatives I could get behind! Short selling our politicians.

    By all means, if that's the conversation you really want to have, who failed most, in EVERY FREAKIN ISSUE AND TOPIC, by all means, piss your lives away.

    If you want things fixed this is the last conversation we should be having...

    carry on...

  4. #1074
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    Re: United States loses its AAA Credit rating from S & P

    Quote Originally Posted by pbrauer View Post
    So what? I don't think they're a credible rating agency. They're responsible for $14 trillion mortgaged backed securities containing toxic assets and rating them AAA. Why do you think this so important, especially since the interest rates on U.S. Treasurys have gone down since S&P? Harping on this make you look foolish.
    2 1/2 years after taking office these are the Obama results and 2 years after the end of the recession. Is this what you voted for?

    Obama economic results in 2011, .4% GDP and 1.3% GDP growth in 2011, 24+ million unemployed or under employed Americans in 2011, 4 trillion added to the debt in less than 3 years, and a downgrade of the U.S. credit rating. Rising Misery index 7.83 to 12.67. First President in U.S. History to have our credit downgraded on his watch!

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    Re: United States loses its AAA Credit rating from S & P

    Quote Originally Posted by Occam's Razor View Post
    If you want things fixed this is the last conversation we should be having...
    U.S. funding for future promises lags by trillions - USATODAY.com

    if something isn't done immediately to fundamentally restructure our budgets, then our entitlement programs will disappear

    leadership, anyone?

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    Re: United States loses its AAA Credit rating from S & P

    Quote Originally Posted by The Prof View Post
    U.S. funding for future promises lags by trillions - USATODAY.com

    if something isn't done immediately to fundamentally restructure our budgets, then our entitlement programs will disappear

    leadership, anyone?
    Leadership... BAH! We need followers. Politicians that will head the warnings of the founders. Politicians that will follow the protections of the constitution. Politicians that will follow the will of the living breathing citizens of this country where that will meets the common good.

    People thinking themselves leaders got us into this mess... we need dedicated public servants.

  7. #1077
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    Re: United States loses its AAA Credit rating from S & P

    Quote Originally Posted by Conservative View Post
    2 1/2 years after taking office these are the Obama results and 2 years after the end of the recession. Is this what you voted for?
    And what Obama inherited: economy shedding 700,000+ jobs per month, GDP shrinking at 6+% per year, financial institutions teetering on the edge of collapse, trillion+ deficit.... Nice improvement.

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    Re: United States loses its AAA Credit rating from S & P

    Quote Originally Posted by AdamT View Post
    And what Obama inherited: economy shedding 700,000+ jobs per month, GDP shrinking at 6+% per year, financial institutions teetering on the edge of collapse, trillion+ deficit.... Nice improvement.
    I wonder what GOPers think McCain would have done differently.

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    Re: United States loses its AAA Credit rating from S & P

    Quote Originally Posted by Thunder View Post
    I wonder what GOPers think McCain would have done differently.
    They threw old John under the bus the second he lost the election. Ironically, they then put Palin in the driver's seat of the bus despite the fact that she lost him the election.

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    Re: United States loses its AAA Credit rating from S & P

    Quote Originally Posted by AdamT View Post
    They threw old John under the bus the second he lost the election. Ironically, they then put Palin in the driver's seat of the bus despite the fact that she lost him the election.
    McCain lost himself the election with his attack on the rights of every individual with McCain/Feingold. Nothing he did after that could have changed my opinion of him.

    So you believe outside of Palin he would have beaten Obama?

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