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

  1. #701
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    Re: United States loses its AAA Credit rating from S & P

    Quote Originally Posted by Conservative View Post
    Apparently yes you are because results don't really matter on economic issues. Most of the healthcare enhancements have come from the private for profit businesses which is made this country great. Amazing how you dismiss the 14.5 trillion debt and blame it on the 1.4 trillion dollar war and people keeping more of their money. Amazing how much confidence you have for a Federal govt. that has created this debt and never solved a social problem
    That's not true. Most discoveries are made in universities that are mostly funded by the government and student tuitions (many of whom took out government loans to finance their education).

    The only real fantasy here is the government hasn't provided a HUGE amount of value to the lives of Americans rich and poor. Infact, the rich benefit more than anyone else as they are aided by the massive infrustructure America offers and every means of gaining wealth. Try that in Ethiopian and see how far that takes you.
    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 Tettsuo View Post
    That's not true. Most discoveries are made in universities that are mostly funded by the government and student tuitions (many of whom took out government loans to finance their education).

    The only real fantasy here is the government hasn't provided a HUGE amount of value to the lives of Americans rich and poor. Infact, the rich benefit more than anyone else as they are aided by the massive infrustructure America offers and every means of gaining wealth. Try that in Ethiopian and see how far that takes you.
    Damn all that infrastructure and the interstate system and the national power grid and the railroads and...

  3. #703
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    Re: United States loses its AAA Credit rating from S & P

    Quote Originally Posted by Tettsuo View Post
    That's not true. Most discoveries are made in universities that are mostly funded by the government and student tuitions (many of whom took out government loans to finance their education).

    The only real fantasy here is the government hasn't provided a HUGE amount of value to the lives of Americans rich and poor. Infact, the rich benefit more than anyone else as they are aided by the massive infrustructure America offers and every means of gaining wealth. Try that in Ethiopian and see how far that takes you.
    Prove it, billions and billions of dollars have been spent by Pharma companies to develop new drugs that have prolonged life. Are you paying attetntion to what you are posting. The rich benefit more than anyone else? Why is that? What is preventing you from becoming one of those evil rich people that you seem to dispise? We live in the greatest country on the face of the earth that people like you want to change. Amazing the entitlement mentality so many have today

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

    Quote Originally Posted by Polotick View Post
    Damn all that infrastructure and the interstate system and the national power grid and the railroads and...
    Infrastructure isn't paid for by FIT, so I suggest you learn what FIT funds. Use taxes i.e. excise taxes on gasoline and diesel fund the roads and bridges that is until those funds were wasted by that Federal govt. you love when that money was put on budget just like SS. Keep buying what liberalism tells you and never do any research to verify the truthfulness of that rhetoric

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

    Quote Originally Posted by Conservative View Post
    Link? Look at the Pfizer website, Merck, or any other phara company. What do you think these companies use R&D money for and where does that R&D money come from?


    For over 100 years, NIH has supported biomedical research to enhance health, lengthen life, and reduce the burdens of illness and disability. The Fact Sheets on this site tell the stories of research discovery, current treatment status, and future expectations for the prevention and treatment of diseases and conditions affecting the nation's health. Several of the Sheets also describe NIH policies and organizations in place to enhance public health safety and the public understanding of health science.

    Search through the Fact Sheets and follow the interactive links for additional information on NIH-supported clinical studies, initiatives, and research endeavors currently underway. Each Sheet also contains links to the homepages of relevant NIH Institutes, Centers, or Offices.

    Yesterday, Today & Tomorrow: NIH Research Timelines

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

    Quote Originally Posted by Polotick View Post
    Damn all that infrastructure and the interstate system and the national power grid and the railroads and...
    Let me help you understand the line items in the budget. This is the General Budget for the United States, notice anything that doesn't belong there?

    Expenses

    Defense
    International Affairs
    Gen. Science, Space
    Energy
    Natural resources/env
    Agriculture
    Commerce
    Transportation
    Community Dev
    Education/Train/Social
    Health
    Medicare
    Income Security
    Social Security
    Veterans Benefits
    Justice
    General Govt.
    Net Interest

    Are you telling me that 70 million Americans paying Zero in FIT cannot pay anything in FIT to fund general expenses?

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

    Quote Originally Posted by winston53660 View Post
    For over 100 years, NIH has supported biomedical research to enhance health, lengthen life, and reduce the burdens of illness and disability. The Fact Sheets on this site tell the stories of research discovery, current treatment status, and future expectations for the prevention and treatment of diseases and conditions affecting the nation's health. Several of the Sheets also describe NIH policies and organizations in place to enhance public health safety and the public understanding of health science.

    Search through the Fact Sheets and follow the interactive links for additional information on NIH-supported clinical studies, initiatives, and research endeavors currently underway. Each Sheet also contains links to the homepages of relevant NIH Institutes, Centers, or Offices.

    Yesterday, Today & Tomorrow: NIH Research Timelines
    Great and over the years Pfizer for example has spent billions on research and development just like every other private Pharma company

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

    Quote Originally Posted by Conservative View Post
    Great and over the years Pfizer for example has spent billions on research and development just like every other private Pharma company

    Great they came with a cure for baldness

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

    Quote Originally Posted by winston53660 View Post
    Great they came with a cure for baldness
    And the cost of all that research is passed on to...


    ...

    ...

    wait for it...


    ME! and my medicare!!!

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

    Quote Originally Posted by Polotick View Post
    And the cost of all that research is passed on to...


    ...

    ...

    wait for it...


    ME! and my medicare!!!
    The customers and shareholders of Pfizer or the other Pharma companies.

    Who do you think pays for those grants to universities? Think about it

    By the way I listed the line items on the budget of the United States. Plesas explain to me why Medicare and SS are included in the general fund and not the promised lockbox?
    Last edited by Conservative; 08-12-11 at 01:23 PM.

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