United States loses its AAA Credit rating from S & P

Misterveritis · Aug 22, 2011

shintao said:
The rightwing is racist in general and you can deny deny all you want dude. No president has ever faced the resentful animosity this black man has. Prove me wrong dude, because everybody else is onto the White boy crap being played in America. Maybe you are just slow, inexperienced, or a KKK member hiding in the closet.

But Fox News has repeatedly attacked Obama's religious faith and family, promoted questions about his birthplace, called him anti-American, accused him of racism, and used the tiniest of pretenses to vilify him.

Other people agree with me. Do whatever it takes to make Obama fail, has meaning dude. Take off your racist blinders and look past your cross on the lawn. And don't you lie to me dude. Don't even try it.

Eventually the real racists, the deep down angry racists show up. Unfortunately there is no cure.

Boo Radley · Aug 23, 2011

Conservative said:
The tea party didn't create the 14.6 trillion dollar debt

No, they didn't. Nor did they really step up when it was being created. Few did as democrats and REPBLUICANS spent, and spent, and spent, without ever considering hard enough how to pay for it.

Conservative · Aug 23, 2011

Boo Radley said:
No, they didn't. Nor did they really step up when it was being created. Few did as democrats and REPBLUICANS spent, and spent, and spent, without ever considering hard enough how to pay for it.

There was no grass roots movement to cut spending until Obama took spending to a new level. Never in modern history has debt been raised to the current level of almost 100% of GDP. What you and others fail to discuss is the 3.7 trillion dollar budget and why we need it. All I see are people like you worried about how much revenue the govt. gets. Where is that liberal compassion that is concerned about the taxes that people pay and the waste, fraud, and abuse of those tax dollars? I have a hard time understanding why anyone would call for more money to go to the govt. through higher taxes with this kind of out of control spending and lack of accountability?

winston53660 · Aug 23, 2011

Conservative said:
There was no grass roots movement to cut spending until Obama took spending to a new level. Never in modern history has debt been raised to the current level of almost 100% of GDP. What you and others fail to discuss is the 3.7 trillion dollar budget and why we need it. All I see are people like you worried about how much revenue the govt. gets. Where is that liberal compassion that is concerned about the taxes that people pay and the waste, fraud, and abuse of those tax dollars? I have a hard time understanding why anyone would call for more money to go to the govt. through higher taxes with this kind of out of control spending and lack of accountability?

yes this debt suddenly popped up over night the night Obama assumed office. Damn Obama damn OBAMA!!!!:roll:

Boo Radley · Aug 23, 2011

Conservative said:
There was no grass roots movement to cut spending until Obama took spending to a new level. Never in modern history has debt been raised to the current level of almost 100% of GDP. What you and others fail to discuss is the 3.7 trillion dollar budget and why we need it. All I see are people like you worried about how much revenue the govt. gets. Where is that liberal compassion that is concerned about the taxes that people pay and the waste, fraud, and abuse of those tax dollars? I have a hard time understanding why anyone would call for more money to go to the govt. through higher taxes with this kind of out of control spending and lack of accountability?

Exactly! No movement before Obama. Just massive debt before Obama. I'll other spin why that is to suit their own agendas, but there was massive spending and no movement. Not even during Bush's tax cut and spend days.

Boo Radley · Aug 23, 2011

winston53660 said:
yes this debt suddenly popped up over night the night Obama assumed office. Damn Obama damn OBAMA!!!!:roll:

Everything has to Obama's fault. Before, we were perfect as a nation, no debt, no needless wars, pure capitalistic heaven on earth.

:coffeepap

winston53660 · Aug 23, 2011

Boo Radley said:
Everything has to Obama's fault. Before, we were perfect as a nation, no debt, no needless wars, pure capitalistic heaven on earth.

:coffeepap

I have an ingrown hair on my scrotum. DAMN OBAMA!:mrgreen:

Conservative · Aug 23, 2011

winston53660 said:
yes this debt suddenly popped up over night the night Obama assumed office. Damn Obama damn OBAMA!!!!:roll:

Aw, stop the bs, the debt just didn't pop up when Obama took office but then again we never had 3.7 trillion in spending before or 4 trillion added to the debt in such a short period of time. The debt Obama inherited was 10.6 trillion dollars, the debt that Bush inherited was 5.7 trillion, the debt that Clinton inherited was 4.4 trillion, the debt that GWH Bush inherited was 2.6 trillion and the debt that Reagan inherited was 900 billion.

That damn Obama took Bush spending and put it on steroids, keep ignoring that reality.

Boo Radley · Aug 23, 2011

Conservative said:
Aw, stop the bs, the debt just didn't pop up when Obama took office but then again we never had 3.7 trillion in spending before or 4 trillion added to the debt in such a short period of time. The debt Obama inherited was 10.6 trillion dollars, the debt that Bush inherited was 5.7 trillion, the debt that Clinton inherited was 4.4 trillion, the debt that GWH Bush inherited was 2.6 trillion and the debt that Reagan inherited was 900 billion.

That damn Obama took Bush spending and put it on steroids, keep ignoring that reality.

Not really. That's just the aprtisan spin. Some of what you attribute to Obama was actually Bush's. Facts are pesky things.

Conservative · Aug 23, 2011

Boo Radley said:
Exactly! No movement before Obama. Just massive debt before Obama. I'll other spin why that is to suit their own agendas, but there was massive spending and no movement. Not even during Bush's tax cut and spend days.

Name for me one Republican President that ever generated 4 trillion dollars in debt in 3 years? What did we get for that spending, more unemployed, fewer employed, a declining labor force, and a credit downgrade.

Conservative · Aug 23, 2011

Boo Radley said:
Not really. That's just the aprtisan spin. Some of what you attribute to Obama was actually Bush's. Facts are pesky things.

Right, Bush was in office from October 1, 2000 until January 20, 2001, part of fiscal year 2009 and created a 1.2 trillion dollar deficit? Do you realize how stupid that claim is? Where was the repayment of TARP applied to that Bush deficit?

What if...? · Aug 23, 2011

winston53660 said:
yes this debt suddenly popped up over night the night Obama assumed office. Damn Obama damn OBAMA!!!!:roll:

I always thought it was awfully convenient that the housing bubble popped JUST as Obama was a shoe-in for pres.

Like someone waited til the last possible second for maximum blame for the new guy and maximum yield for the sponsors of the old guy.

Then, POP!

Conservative · Aug 23, 2011

What if...? said:
I always thought it was awfully convenient that the housing bubble popped JUST as Obama was a shoe-in for pres.

Like someone waited til the last possible second for maximum blame for the new guy and maximum yield for the sponsors of the old guy.

Then, POP!

Obama took over an economy that was shedding jobs and what did he do, bailed out unions and spent money on states instead of forcing states to handle their own issues. Then he focused full time on a real jobs killer, Obamacare. Keep making excuses for this incompetent empty suit for that is what liberals seem to always do.

Boo Radley · Aug 23, 2011

Conservative said:
Obama took over an economy that was shedding jobs and what did he do, bailed out unions and spent money on states instead of forcing states to handle their own issues. Then he focused full time on a real jobs killer, Obamacare. Keep making excuses for this incompetent empty suit for that is what liberals seem to always do.

No, he bailed out the auto industry, and kept teachers, police officers and firefighters employed. You know, those evil, evil people we should do away with.

Boo Radley · Aug 23, 2011

Conservative said:
Right, Bush was in office from October 1, 2000 until January 20, 2001, part of fiscal year 2009 and created a 1.2 trillion dollar deficit? Do you realize how stupid that claim is? Where was the repayment of TARP applied to that Bush deficit?

The deficit was already running at $1.2 trillion when Obama took office, and it grew to more than $1.4 trillion during his administration — an increase of far less than 400 percent to 500 percent. As for the auto bailout money, nearly 50 percent of the roughly $80 billion has been paid back. By any reasonable measure, half is not "a small share.

(snip)

As we have written twice before, the nonpartisan Congressional Budget Office projected the fiscal year 2009 deficit at $1.2 trillion two weeks before Obama took office. That fiscal year started Oct. 1, 2008. The fiscal year was already nearly one-third over when Obama took office on Jan. 20, 2009. After Obama took office, the deficit increased to $1.4 trillion for fiscal year 2009. At the end of the fiscal year, the CBO largely blamed the 2009 deficit on the recession, specifically a sharp decline in tax revenues and an increase in spending in response to the economic crisis — first by Bush and later by Obama.

Romney Wrong on Deficits, Auto Bailout | FactCheck.org

As I said, facts are pesky things, if you bother to consider them. :coffeepap

Conservative · Aug 23, 2011

Boo Radley said:
No, he bailed out the auto industry, and kept teachers, police officers and firefighters employed. You know, those evil, evil people we should do away with.

Is that the role of the Federal Govt., to take over state responsibility? Who funds police, firefighters, and teachers? How much did we lose on the GM/Chrysler deal? Oh, well, it is just a few billion dollars, not real money

Conservative · Aug 23, 2011

Boo Radley said:
The deficit was already running at $1.2 trillion when Obama took office, and it grew to more than $1.4 trillion during his administration — an increase of far less than 400 percent to 500 percent. As for the auto bailout money, nearly 50 percent of the roughly $80 billion has been paid back. By any reasonable measure, half is not "a small share.

(snip)

As we have written twice before, the nonpartisan Congressional Budget Office projected the fiscal year 2009 deficit at $1.2 trillion two weeks before Obama took office. That fiscal year started Oct. 1, 2008. The fiscal year was already nearly one-third over when Obama took office on Jan. 20, 2009. After Obama took office, the deficit increased to $1.4 trillion for fiscal year 2009. At the end of the fiscal year, the CBO largely blamed the 2009 deficit on the recession, specifically a sharp decline in tax revenues and an increase in spending in response to the economic crisis — first by Bush and later by Obama.

Romney Wrong on Deficits, Auto Bailout | FactCheck.org

As I said, facts are pesky things, if you bother to consider them. :coffeepap

It was a PROJECTED Deficit, what did Obama do to prevent that deficit from becoming reality? Where is the repayment of the TARP money?

Boo Radley · Aug 23, 2011

Conservative said:
Is that the role of the Federal Govt., to take over state responsibility? Who funds police, firefighters, and teachers? How much did we lose on the GM/Chrysler deal? Oh, well, it is just a few billion dollars, not real money

Different issue, but largely the same thing republicans have done. Focus. Stop being distracted by squirrels. This is what he did.

Boo Radley · Aug 23, 2011

Conservative said:
It was a PROJECTED Deficit, what did Obama do to prevent that deficit from becoming reality? Where is the repayment of the TARP money?

Again, a different issue. You blamed him for creating it. I claimed a good amount of it was Bush's. You said it was silly to say that. I now provide support that it was. So, no squirrels. Focus and admit I was correct and you were wrong.

:coffeepap

Conservative · Aug 23, 2011

Boo Radley said:
Different issue, but largely the same thing republicans have done. Focus. Stop being distracted by squirrels. This is what he did.

Stop parroting the liberal lies and distortions. That projected deficit ignores the spending that was done to turn the economy around, TARP and Stimulus spending. TARP was 350 billion spent by Bush and the rest spent by Obama. Where did the repayment of TARP show up on the budget and did it reduce the deficit? What did Bush have to do with the stimulus spending or the Afghanistan Troop surge? You have a selective, partisan view of what happened in 2009 giving Obama a pass and blaming everything on Bush. How about answering the questions for a change

Boo Radley · Aug 23, 2011

Conservative said:
Stop parroting the liberal lies and distortions. That projected deficit ignores the spending that was done to turn the economy around, TARP and Stimulus spending. TARP was 350 billion spent by Bush and the rest spent by Obama. Where did the repayment of TARP show up on the budget and did it reduce the deficit? What did Bush have to do with the stimulus spending or the Afghanistan Troop surge? You have a selective, partisan view of what happened in 2009 giving Obama a pass and blaming everything on Bush. How about answering the questions for a change

I have the fact check in front of you. You're wrong about the 2009 budget. Admit it.

And pot to kettle. speaking of partisan views, can you really not see your own partisanship and how you ignore anything contray to your partisan spin? Seriously?

Squirrel!!!!!!

Conservative · Aug 23, 2011

Boo Radley said:
I have the fact check in front of you. You're wrong about the 2009 budget. Admit it.

And pot to kettle. speaking of partisan views, can you really not see your own partisanship and how you ignore anything contray to your partisan spin? Seriously?

Squirrel!!!!!!

Fact check shows that there was a projected deficit of 1.2 trillion dollars which happens to be close but not due to anything that Obama did to prevent it from growing. Where is the TARP repayment in that deficit? What did the stimulus program add to the deficit and how about the Afghanistan supplementals? Keep spinning

Boo Radley · Aug 23, 2011

Conservative said:
Fact check shows that there was a projected deficit of 1.2 trillion dollars which happens to be close but not due to anything that Obama did to prevent it from growing. Where is the TARP repayment in that deficit? What did the stimulus program add to the deficit and how about the Afghanistan supplementals? Keep spinning

It's not about preventing it from growing, as you try to divert. It was the budget under Bush, already moving when obama took over.

And do keep in mind, Bush even holds responsibility for Afghanistan, as he both started that war and ignored it to the point of allowing the situation to deteriorate.

Admit it, you are simply wrong, factually.

Conservative · Aug 23, 2011

Boo Radley said:
It's not about preventing it from growing, as you try to divert. It was the budget under Bush, already moving when obama took over.

And do keep in mind, Bush even holds responsibility for Afghanistan, as he both started that war and ignored it to the point of allowing the situation to deteriorate.

Admit it, you are simply wrong, factually.

The budget that Bush submitted didn't have a 1.2 trillion dollar deficit. Now if you want to continue to talk about Bush then carry on but all that does is divert from the disaster that Obama is. Bush is out of office and my bet is you will still be blaming him 10 years from now. Bush didn't authorize the troop surge in Afghanistan

pbrauer · Aug 23, 2011

Conservative said:
Name for me one Republican President that ever generated 4 trillion dollars in debt in 3 years? What did we get for that spending, more unemployed, fewer employed, a declining labor force, and a credit downgrade.

George W. Bush