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

  1. #381
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    Re: United States loses its AAA Credit rating from S & P

    Quote Originally Posted by deltabtry View Post
    and who has the moral authority to make that decision?
    There is no final arbitor of morality. If a life could be saved with a vaccine that costs 82 cents, it should be done. If the vaccine costs $82 bn a dose, to do so would be ridiculous. I don't claim to know what "enough" is for anyone but myself.
    "A witty saying proves nothing." Voltaire

  2. #382
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    Re: United States loses its AAA Credit rating from S & P

    Quote Originally Posted by nijato View Post
    There is no final arbitor of morality. If a life could be saved with a vaccine that costs 82 cents, it should be done. If the vaccine costs $82 bn a dose, to do so would be ridiculous. I don't claim to know what "enough" is for anyone but myself.
    So I ask, what is your complaint?

  3. #383
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    Re: United States loses its AAA Credit rating from S & P

    Is Obama really upset, or is he secretly happy that he's damaged the economy?
    NOTICE: I am not a troll, because what I write I believe, and I have no intention of derailing threads or manipulating human nature. I am not a terrorist, because I do not endorse the killing of innocent people, and I am not here to promote violence. I AM HERE ONLY TO EXPRESS MY PERSONAL OPINION AND ENJOY LIVELY DISCUSSION.

  4. #384
    Advisor nijato's Avatar
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    Re: United States loses its AAA Credit rating from S & P

    Quote Originally Posted by Conservative View Post
    No, the pie is the economy which keeps growing and that is what generates wealth opportunities for individuals. You have to accept the reality that some people just don't have any initiative, drive, or dedication to go after a piece of it whereas others do. Too many want to demonize those that create individual wealth and have sympathy for those that don't.
    First, it is my strong belief that we are all going to have to get used to economic growth rates lower than the historical average of 3%. That's another point entierly though.

    Second, I think there are few reasonable people that demonize generating wealth in responsible and fair ways. It's the cheaters, abusers, and glutons that are rightly despised.
    "A witty saying proves nothing." Voltaire

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

    Quote Originally Posted by ElCid View Post
    Is Obama really upset, or is he secretly happy that he's damaged the economy?
    No, the Republicans and Tea-Baggers are not so secretly happy that they have seriously damaged the economy.

    They think they can defeat Obama based on the loss of the AAA credit-rating.

    Little do they know that the American people do now and will still blaim the GOP for this mess in November of 2012.

  6. #386
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    Re: United States loses its AAA Credit rating from S & P

    Quote Originally Posted by deltabtry View Post
    So I ask, what is your complaint?
    The measurement of "achievement" by the accumulation of material wealth.
    "A witty saying proves nothing." Voltaire

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

    Quote Originally Posted by nijato View Post
    The measurement of "achievement" by the accumulation of material wealth.
    You mean it is not an achievement to inherit $50 million? I guess there are some who didn't get that memo.
    It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.
    "Wealth of Nations," Book V, Chapter II, Part II, Article I, pg.911

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

    Quote Originally Posted by nijato View Post
    The measurement of "achievement" by the accumulation of material wealth.
    so I will return to the originally question, what gives anyone the moral authority on who has enough.

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

    Quote Originally Posted by Goldenboy219 View Post
    You mean it is not an achievement to inherit $50 million? I guess there are some who didn't get that memo.
    but it was achievment by some one, then again who has the moral authority to say what was earned and what was not.

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

    Everyone knew this was coming. It is time to fire everyone in government in 2012 and start over because the jerks we keep sending to represent us obviously treat the US debt and budget different than they would their own personal debt and budgets.

    "Too often we enjoy the comfort of opinion without the discomfort of thought."
    John F. Kennedy
    Quote Originally Posted by Montecresto View Post
    It would seem that the constitution is just a god damn piece of paper, to be trotted out when expedient.

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