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

  1. #1271
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    Re: United States loses its AAA Credit rating from S & P

    Quote Originally Posted by Misterveritis View Post
    Let's see. The government takes nearly a trillion dollars out of the economy to provide a safe haven for government workers. We don't actually have the money to do everything so in addition to the two plus trillion the taxpayers are forced to give the government borrows another 1.6 trillion, or so. The debt to GDP ratio goes to 100%. Nations that go above 80% or so, have real trouble repaying. S&P says we are likely to have trouble repaying. I agree with S&P. We are become Greece.

    Did that help?
    Only that the predator banksters on Wall Street destroyed Greece.


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

    Quote Originally Posted by Conservative View Post
    Both the downgrade and the statement by Moody's is a warning. Doesn't appear that Obama has heeded that warning as he has yet to submit a plan on paper to cut spending
    Again S&P specifically called out the Republicans and the Bush tax cuts.


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

    Quote Originally Posted by Boo Radley View Post
    As we are already in debt, yes. And you do understand it is possible to handle debt responsibily. The problem isn't debt in general, but that we as a people want services but not to pay for them. If you tie hands too greatly, you make it too weeak. We've always had to worry about the proper balance, and will continue to do so, but it is balance we should seek and not destruction.
    that's nice

    exactly how much of the 5.3T does the party in power propose come via taxes?

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

    Quote Originally Posted by pbrauer View Post
    Again S&P specifically called out the Republicans and the Bush tax cuts.
    You read what you wanted to believe, the problem is spending. I am still waiting for you to explain how you keeping more of your money is an expense to the govt?

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

    Quote Originally Posted by Phys251 View Post
    You just don't get it, do you. You refuse to accept the documented, verified FACT that THE CLINTON BUDGET GAVE US A SURPLUS.
    It was not one of my points but as long as you bring it up it was just an accounting gimmick.
    Quote Originally Posted by Phys251 View Post
    You did it! You dodged AGAIN. And your stupid question is equivalent to my asking you, When will you stop beating your wife?
    Well no. There you go again.
    Quote Originally Posted by Phys251 View Post
    You utterly refuse to accept the fact that you blindly support one position--shutting down government agencies--without the slightest regard to the dire consequences of such situation.
    I am counting on the consequences of closing down the extra-constitutional departments and agencies. I am not ignoring the consequences. I am planning on them. Do you understand the difference?
    Quote Originally Posted by Phys251 View Post
    You are either unwilling or unable--my vote is for the former--to weigh the pros and cons of such a move. But most of all, you think this is one big joke. You have a clear disdain for the United States of America, and you'd just assume to trash it if it means advancing your political agenda.
    I see your point. Pressing for a Constitutionally limited government is clearly a radical agenda. Why hadn't I seen that before?
    Quote Originally Posted by Phys251 View Post
    I have no patience for such extremist positions as yours. <AOL voice>Goodbye.
    See point directly above. The Founders were radicals. They were just the wrong sort. Would you be more comfortable with Radical Karl (Marx) than Radical James (Madison)? I believe you would be.

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

    Quote Originally Posted by Conservative View Post
    You read what you wanted to believe, the problem is spending. I am still waiting for you to explain how you keeping more of your money is an expense to the govt?
    Maybe you could explain your reasoning with the crowd in S&P.


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

    Quote Originally Posted by pbrauer View Post
    Only that the predator banksters on Wall Street destroyed Greece.
    One cannot solve a problem when one cannot see the problem.
    From your statement should I assume you agree with my assessment that we are become Greece?

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

    Quote Originally Posted by Boo Radley View Post
    There are no Marists here
    sure there are

    Obama’s Handling of the Economy at All-Time Low | Marist

    they don't like him either

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

    Quote Originally Posted by pbrauer View Post
    Maybe you could explain your reasoning with the crowd in S&P.
    I am asking you to explain how you keeping more of your money is an expense to the govt?

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

    Quote Originally Posted by Boo Radley View Post
    To answer your question, it is a problem and not the problem.
    now there's a brave statement of principle

    LOL!

    i wonder how much of the 5.3 trillion THE PARTY IN POWER is proposing to find thru taxes...

    maybe someday THEY'LL say

    and, of course, what are we gonna do about the other 5.25T

    that's an awful lot of problem

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