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

  1. #1171
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    Re: United States loses its AAA Credit rating from S & P

    Quote Originally Posted by pbrauer View Post
    My credit score would determine that I'm a bad risk in paying my debts. Do you actually believe the U.S. is at risk paying it's debts? What about S&P's past where they rated toxic securities as AAA simply because they were be paid to do so by the blunders??????????????
    I honestly wonder whether most conservatives understand the basic difference between bond-based debt and loan-based debt.

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

    Quote Originally Posted by pbrauer View Post
    What does you comment have anything to do with the U.S. Senate report?????????????
    What does the U.S. Senate report have to do with the downgrade in our credit rating?

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

    Quote Originally Posted by Phys251 View Post
    I honestly wonder whether most conservatives understand the basic difference between bond-based debt and loan-based debt.
    I wonder if you understand what having a debt 100% of our GDP means? Apparently it doesn't matter when a Democrat creates it, right?

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

    Quote Originally Posted by Conservative View Post
    I only wish that I was half as smart as you think you are.
    Hey! Me too! On the other hand I know I am half as smart as he thinks he is. And that has made all the difference in my life.

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

    Quote Originally Posted by pbrauer View Post
    You ignore the fact that S&P is a corrupt organisation.
    Is that the new talking point? S&P is corrupt now. First it was the Tea Party's fault, now it's S&P's fault, it's always been the Republicans fault, and when Obama took office it was Bush's fault.

    It's always someone or something elses fault isn't it?
    I think if Thomas Jefferson were looking down, the author of the Bill of Rights, on whats being proposed here, hed agree with it. He would agree that the First Amendment cannot be absolute. - Chuck Schumer (D). Yet, Madison and Mason wrote the Bill of Rights, according to Sheila Jackson Lee, 400 years ago. Yup, it's a fact.


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

    Quote Originally Posted by Conservative View Post
    What does the U.S. Senate report have to do with the downgrade in our credit rating?

    So you don't think having major financial institutions in jeopardy could possibly effect the US's credit rating?

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

    Quote Originally Posted by pbrauer View Post
    What does you comment have anything to do with the U.S. Senate report?????????????
    Page 26 of the report:


    Despite the increasing use of high risk loans to support mortgage related securities,
    mortgage related securities continued to receive AAA and other investment grade ratings from
    the credit rating agencies, indicating they were judged to be safe investments. Those credit
    ratings gave a sense of security to investors and enabled investors like pension funds, insurance
    companies, university endowments, and municipalities, which were often required to hold safe
    investments, to continue to purchase mortgage related securities.


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

    Quote Originally Posted by Polotick View Post
    Oh, please continue. What exactly is it that you know about me, O Great One?
    Do you really want to go there? It would take me about a day. I can review your post history and develop a reasonably accurate assessment of your actual political beliefs and contrast them with your professed beliefs. I can probably find enough individual information to develop a history. Maybe I will.

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

    Quote Originally Posted by winston53660 View Post
    So you don't think having major financial institutions in jeopardy could possibly effect the US's credit rating?
    The credit rating was downgraded because of Congressional spending and no honest attempt to reduce it.

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

    Quote Originally Posted by Phys251 View Post
    Nice dodge
    tell it to the chief of staff

    "sometimes you can't defend the indefensible"

    june 16

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