View Poll Results: Who cause our AAA rating to drop?

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    15 26.79%
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    19 33.93%
  • Other

    17 30.36%
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Thread: Who is responsible for the downgrading of the American credit status?

  1. #31
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    Re: Who is responsible for the downgrading of the American credit status?

    My answer: Everyone that ever voted for deficit spending.

    If you are talking about the straw that broke the camel's back, Obamacare. The added liabilities put the government in a position that made repayment less likely.
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  2. #32
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    Re: Who is responsible for the downgrading of the American credit status?

    Quote Originally Posted by ksu_aviator View Post
    My answer: Everyone that ever voted for deficit spending.

    If you are talking about the straw that broke the camel's back, Obamacare. The added liabilities put the government in a position that made repayment less likely.
    This is just a duplicate of OV's comment, with a pro right spin.
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  3. #33
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    Re: Who is responsible for the downgrading of the American credit status?

    Quote Originally Posted by Councilman View Post
    Another case where we should have had the option to vote for all of the above.

    Our economic debacle has been a long time in coming and has been the fast track to disaster since Obama came along.

    This issue goes all the way back to 9-11 and panic was allowed to control what was being done to avoid more of the same and President Bush along with both houses of Congress got into the habit of throwing money at problems or perceived problems when a little bit of thought would have served us better.
    I love the way people continue to try and blame this President for this nation's economic problems when clearly things were slowly improving until recently. No, the private sector wasn't creating jobs in record numbers, but when you have Republican leaders (Governors and state legislators) enacting measures that forced people out of work, haven't put forward a jobs bill that has purposely languished in Congress since Republicans took over the House, and have used budget and debt limit legislation to when brownie points for themselves instead of doing what's in the best interest of the nation and the American people, it's no wonder the President's job has gotten tougher.

    People really do need to wake up and see what's really happening. Taxes are still low; in fact the Bush tax cuts were extended to 12/31/2012. Except for financial reforms, none of the President's long-term initiatives have gone into affect. Not the PPAC, not cap-N-trade (which I don't think passed the Senate, just the House). So, how people can lay blame on the President for what's happening now in our nation's economy when clearly things were slowly improving is beyond me. The problems lay with obstructionist measures by Republicans.

  4. #34
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    Re: Who is responsible for the downgrading of the American credit status?

    Quote Originally Posted by Harry Guerrilla View Post
    Of course.
    Partisanship was guaranteed to show up in this thread.

    Edit:
    This here is precisely the point I was making when I said "Americans" were to blame.
    "Ohh no, it's the other team, not mine we're innocent."
    The question was who is to blame for America's credit crisis. I gave you my answer which I believe to be the correct answer based on the evidence. If you choose to ignore it, I can't help you.

  5. #35
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    Re: Who is responsible for the downgrading of the American credit status?

    Quote Originally Posted by Objective Voice View Post
    The question was who is to blame for America's credit crisis. I gave you my answer which I believe to be the correct answer based on the evidence. If you choose to ignore it, I can't help you.
    No you're masquerading your partisanship with pseudo intellectualism.
    There are multiple and varied reasons, where there aren't many innocent parties involved.

    Accusing anyone but Americans is just more of the same blame game.
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    Re: Who is responsible for the downgrading of the American credit status?

    Quote Originally Posted by Harry Guerrilla View Post
    No you're masquerading your partisanship with pseudo intellectualism.
    There are multiple and varied reasons, where there aren't many innocent parties involved.

    Accusing anyone but Americans is just more of the same blame game.
    And where do you hail from tough guy? Canada? Mexico? Europe? The great unknown?

    And no, I'm not masquerading anything. I'm telling the truth as I know it/see it. America's captains of finance surely brought this country into economic disarray; that is true. But things were starting to look alittle bit better until the November 2010 midterm elections. They've gotten progressively worse since then, but not because of anything the President or Democrats did. Again, none of the President's economic legislations had taken hold except for finance reform and a small portion of the PPAC (high risk pools). Otherwise, things were improving ever so slightly until that time. All one need do is go back and look at the evidence. Look at the jobs numbers from January 2009 to May/June of this year. Look at the stock market indexes and see if they had been ticking upward until recently. Unemployment had been holding at or around 9.1-9.2% and could have begun to move downward had Republicans done the right thing once they gained control of the House. But instead, they've done more to be obstructionist than they have in really trying to move the country forward.

    The President and Democrats have given up so much ground and still people won't see the Republicans for who they truly are - obstructionist.
    Last edited by Objective Voice; 08-06-11 at 09:24 PM.

  7. #37
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    Re: Who is responsible for the downgrading of the American credit status?

    Believe the correct and popular answer is both parties are responsible. They overspend because it generates "bacon" and gets them re-elected.

    But the ironic twist to this credit rating downgrade is that it could turn out to be a blessing in disguise. It may provide the cover for politicians to finally take responsible actions to get this federal spending juggernaut under control.

    Because now we have the evidence that "it really can happen to us."




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  8. #38
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    Re: Who is responsible for the downgrading of the American credit status?

    Quote Originally Posted by Objective Voice View Post
    And where do you hail from tough guy? Canada? Mexico? Europe? The great unknown?
    Weenievillle, land of the not tough guys.
    I was discovering that life just simply isn't fair and bask in the unsung glory of knowing that each obstacle overcome along the way only adds to the satisfaction in the end. Nothing great, after all, was ever accomplished by anyone sulking in his or her misery.
    —Adam Shepard

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    Re: Who is responsible for the downgrading of the American credit status?

    Quote Originally Posted by Harry Guerrilla View Post
    Weenievillle, land of the not tough guys.
    Ugh...Go back!!

  10. #40
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    Re: Who is responsible for the downgrading of the American credit status?

    I still blame left-handed people. Why we haven't worked to eradicate these mutants from our population is beyond me.
    "Loyalty only matters when there's a hundred reasons not to be-" Gen. Mattis

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