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

  1. #331
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    Re: United States loses its AAA Credit rating from S & P

    Quote Originally Posted by Misterveritis View Post
    Radical Karl (Marx) wrote that a steeply progressive income tax was an essential tool to the destruction of capital and to help bring about the revolution. Does anyone doubt that Radical Karl's philosophy is at the core of president Obama's political philosophy? And, for that matter, at the core of the democratic party leaderships' political philosophy?

    Can anyone else see that many of the stalwart posters here believe exactly the same thing?
    How is reverting to Clinton era rates "steeply progressive?" Have you seen effective marginal rates in Europe?

    What is hard to believe is you understand anything you are discussing.
    "If your opponent is of choleric temperament, seek to irritate him." - Sun Tzu

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

    Quote Originally Posted by AdamT View Post
    I think you have to read it in conjunction with the other quotes. I would guess they are assuming that the republicans will, once again, find some way to hold the country hostage in order to force an extension -- just as they did with the top tax cuts last time around.
    Think you are a little swept away with partisan talking point hyperbole. Nobody was taken hostage...but there was finally some acknowledgement/discussion on the unsustainable direction our disastrous economy is headed.


    “Build a man a fire, and he'll be warm for a day. Set a man on fire, and he'll be warm for the rest of his life.”

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

    I was going to post an analysis but what's the point? People believe what they want to believe about this. It's the fact that Americans can't turn off their TVs and look at the world around them that it's impossible to have a rational discussion about something as important as this.

    We made our bed, now we have to lay in it. If we want to delude ourselves about the reasons, then the situation will just get worse. It's not like we didn't see this coming years ago.

  4. #334
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    Re: United States loses its AAA Credit rating from S & P

    Quote Originally Posted by Misterveritis View Post
    To increase revenues we need to cut tax rates for those people paying taxes. We also must widen the taxpaying base so that everyone pays.
    So we need to raise taxes on the poor and lower them on the rich? Do you have any concept of the marginal propensity to save or spend?

    i like the idea of allowing only those people who pay taxes to vote.
    So this changes things how? If you get unemployment, you pay taxes. If you have a legal job, you pay FICA. So changing voting to those who pay taxes doesn't change much of anything. Sure you'd disenfranchise some seniors and college kids, but the bulk of voters wouldn't change. Unless you were being a dishonest user and imply only income tax is a real tax and that payroll which is almost the same amount in taxes doesn't exist...but then you'd be really dishonest.
    "If your opponent is of choleric temperament, seek to irritate him." - Sun Tzu

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

    Quote Originally Posted by haymarket View Post
    This rating evaluation is a recognition of the reality that we now have people entrusted with the power of governing who actually hate and despise our Constitutionally limited government and would risk the health of the nation in order to pursue extremist ideological crusades simply based on a far left, Marxist belief system.
    I used bold to fix your statement. It is better now. Thank me.

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

    Quote Originally Posted by deltabtry View Post
    Then I would say it high time for the American people to tell the government to get their sh!t together instead of looking for some party to blame. Congress won't act in favor of the people until the people stand up and demands to be heard, as one voice.
    In the past the peasants marched on the castle with pitchforks.

    Didn't Hitler rise to power in just this sort of environment?

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

    Quote Originally Posted by winston53660 View Post
    Well what do you think brought us out of the Great Depression?
    It did not have a name at the time but looking back we now call it World War Two.

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

    Quote Originally Posted by AdamT View Post
    Eliminating the Bush tax cuts, i.e., going back the Clinton rates that allowed the economy to flourish, would stop the growth of the debt in and of itself.
    tell it to senators kerry, mcccaskill, feinstein, inouye, landrieu, mikulski, shaheen, menendez, wyden, rockefeller...

    Senate passes package extending Bush tax cuts - politics - Capitol Hill - msnbc.com

    you won't need to clue in the members in the crosshairs---tester, conrad, nelson, nelson, manchin, webb, klobuchar, kohl, stabenow, bingaman, casey...

    there are some 14 very competitive senate seats held by dems up in 12 vs realistically two held by reds (nevada and massachusetts)

    Tougher road ahead for Senate Dems - Shira Toeplitz - POLITICO.com

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

    Quote Originally Posted by AdamT View Post
    So we had a straw man argument and now we have a slippery slope argument. Can ad hominem be far behind?
    I can add one if you like.

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

    Quote Originally Posted by Sheik Yerbuti View Post
    The Republican party of "No" got what they wanted. They damaged Obama. It doesn't matter to them that they also hurt the country, but then party over country has always been the Republican meme.
    I see it the other way around. The Marxist president Obama's defeat was certain before the Boehner deal. Now it is the Marxist president's election to lose. This is a huge defeat for the nation. And coincidentally, for Republicans.

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