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

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

    Quote Originally Posted by nijato View Post
    Have you ever considered the possibility that massive wealth accumulation is in fact not "achievement" but a pathology?
    Why would that even been important? The question isn't how the money was gained, but whether the government should have the right to penalize people that haven't committed a crime.
    You, my brothers and sisters, were called to be free. But do not use your freedom to indulge the flesh; rather, serve one another humbly in love.For the entire law is fulfilled in keeping this one command: “Love your neighbor as yourself.”

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

    Quote Originally Posted by Conservative View Post
    So since deficits are yearly, it is all GW Bush's fault for the trillions added to the debt in 2010-2011? Do you ever accept responsibility for anything? It is amazing how Democrats controlled the entire Congress from 2007 until the end of the Bush term and the recession ended in June 2009 but it is Bush's fault for the results in 2011
    So you agree that since the Republicans have controlled congress during this year they are responsible for the AA+ rating we've received?
    What is it about liberalism that creates such loyalty to these results? How do you explain the 3.9 and 3.8% GDP growth in 2010 and then the .4 and 1.3% GDP growth in 2011. Did GW Bush suddenly return to the WH and implement economic policy?
    We just had an economic collapse on a global scale. I don't expect any president to fix it in one term or even 2. This will take at least a decade or more to fully recover from.
    A man without fear is a fool, a man that succumbs to his fear is a coward and a brave man acknowledges fear yet presses on.
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    Re: United States loses its AAA Credit rating from S & P

    Standard & Poor's report explaining why they downgraded America's credit-rating only specifically calls out the Republicans for refusing to allow any increased revenue.

    They do not call out Obama or the Democrats in Congress for any specific actions.

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

    Quote Originally Posted by Tettsuo View Post
    So you agree that since the Republicans have controlled congress during this year they are responsible for the AA+ rating we've received?

    We just had an economic collapse on a global scale. I don't expect any president to fix it in one term or even 2. This will take at least a decade or more to fully recover from.
    In no way shape or form, if tax revenue was needed so drastically, then why was the Bush tax cuts extended past 2010? It was a democrat controlled house and senate, that sent the bill to a democrat sitting in the white house to sign to extend those tax cuts that were due to expire, and Obama signed that bill.

    Now 7 months later, you sit there and try to blame republicans for refusing to raise taxes? Nice try, but your bull sh*t ... is just that.

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

    Quote Originally Posted by ksu_aviator View Post
    Why would that even been important? The question isn't how the money was gained, but whether the government should have the right to penalize people that haven't committed a crime.
    Read the Constitution, Article I, Section 8.


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

    Quote Originally Posted by The Barbarian View Post
    In no way shape or form, if tax revenue was needed so drastically, then why was the Bush tax cuts extended past 2010? It was a democrat controlled house and senate, that sent the bill to a democrat sitting in the white house to sign to extend those tax cuts that were due to expire, and Obama signed that bill.

    Now 7 months later, you sit there and try to blame republicans for refusing to raise taxes? Nice try, but your bull sh*t ... is just that.
    President made a deal with the Devil (Republicans) that if the Devil would vote for extension of unemployment benefits, he would extend the Bush tax cuts for two years.


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

    Quote Originally Posted by The Barbarian View Post
    In no way shape or form, if tax revenue was needed so drastically, then why was the Bush tax cuts extended past 2010? It was a democrat controlled house and senate, that sent the bill to a democrat sitting in the white house to sign to extend those tax cuts that were due to expire, and Obama signed that bill.

    Now 7 months later, you sit there and try to blame republicans for refusing to raise taxes? Nice try, but your bull sh*t ... is just that.
    Seriously, are you 7 months old? You don't remember Democrats fighting NOT to extend the top Bush tax cuts? They eventually caved to republicans' demands in order to maintain unemployment extensions and to avoid a shutdown.

    Further, there is an enormous difference between cutting taxes when the economy is strong (Bush) and raising taxes when the economy is weak.

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

    Quote Originally Posted by The Barbarian View Post
    In no way shape or form, if tax revenue was needed so drastically, then why was the Bush tax cuts extended past 2010? It was a democrat controlled house and senate, that sent the bill to a democrat sitting in the white house to sign to extend those tax cuts that were due to expire, and Obama signed that bill.

    Now 7 months later, you sit there and try to blame republicans for refusing to raise taxes? Nice try, but your bull sh*t ... is just that.
    Do you not see the cognitive dissonance in your statement and those of your fellow conservatives?! Can you name one piece of legistation passed by Democrats in congress since 2007 that led to the situation we're in?

    I personally blame the Democrats for their cowardice. They didn't act decisively to anything that occurred when they had the chance. This is why I preferred Hillary. She would have struck while the iron was hot and not backed away (I voted for her in the Primaries). Republicans just have terrible ideas, but they rarely run from the fight no matter how dumb their plans are.
    A man without fear is a fool, a man that succumbs to his fear is a coward and a brave man acknowledges fear yet presses on.
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    Re: United States loses its AAA Credit rating from S & P

    Quote Originally Posted by The Barbarian View Post
    In no way shape or form, if tax revenue was needed so drastically, then why was the Bush tax cuts extended past 2010? It was a democrat controlled house and senate, that sent the bill to a democrat sitting in the white house to sign to extend those tax cuts that were due to expire, and Obama signed that bill...
    err....the GOP threatened a government shutdown....remember?

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

    Quote Originally Posted by AdamT View Post
    ...Further, there is an enormous difference between cutting taxes when the economy is strong (Bush) and raising taxes when the economy is weak.
    the GOP even refuses to close tax-loopholes that allows rich people to not pay taxes that they were intended to pay. this tells me that they are against raising tax-rates on the rich AND requiring them to pay the taxes they are supposed to pay.

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