S&P Downgrades U.S. Credit Rating
- Thread starter Straight Shooter
- Start date
Kingfisher
Here Zombie, Zombie, Zombie...
With the airline tax expired, they gave up some odd 400 million in tax revenue while bickering over 16 million. Ass clowns.
Translation: You dumb fucks didn't generate a dime of new revenues thanks to the tea bagging clowns.. ..Now prepare to give away more money in interest.
(Thanks tea baggers...)
Thats what tea baggers do, fuck shit up with their uneducated opinions while acting like they know what the fuck they are talking about.
There's a lot of love in this thread. I can feel it.
The Tea Party has no interest in governing, just ideology.
Juliuscaesar
Closed Account
WOW..All this hate when we were warned that nobody's plan would work.
http://thehill.com/blogs/on-the-mon...-neither-plan-protects-the-nations-aaa-rating
http://thehill.com/blogs/on-the-mon...-neither-plan-protects-the-nations-aaa-rating
PlasmaTwa2
The Second-Hottest Man in my Mother's Basement
I agree the same ratings company that rated subprime loans as AAA are calling us less than France, not a knock, but they have a higher debt to GDP than we do!
...yet, they expect my credit to be flawless????
I love how the S&P went ahead and downgraded our AAA Credit Rating even after it was pointed out to them how their calculations were wrong and full of errors. So it really didnt matter whether congress or the president got a budget through in time, they were pretty much going to fuck us over anyway.
Ya know, just to be fair, I find it funny how everyone in Washington started getting their panties in a bunch beginning when there were rumors that it might happen today.....and then when it did come down, and became reality, they lashed out at S&P and said that they didn't matter, they were dirty because they had a role in the financial melt down, their numbers are wrong, yadda yadda yadda. Typical behavior for the pentulant little kids that make up Washington today. Instead of doing anything to get their own act together, they pout and lash out. In my opinion, we brought this on ourselves, and if S&P REALLY doesn't matter......why all of the hostility towards them? It's because their opinion does count for something.....and it does matter to "the powers that be".
Instead of using this as the wake up call that Washington needs (ummmmm, like doing something to raise revenues......like cutting corporate loopholes, raising taxes on the super rich......I mean, what did we not learn from Reaganomics/the theory of trickle down economics, that didn't prove that it DOES NOT WORK!?!?!?), I guess they are just going to brood and continue down the road of "business as usual" with an ineffectual leader in the White House, political terrorists controlling the House, and sadly even clowns in the Senate. All I see is a bunch of ineffectual douchebags running everything into the ground anymore, and tons of idiots amongst their constituents eating their shit up on an individual level........the truly ignorant amongst us (the people) are the problem, because they feed the negativity! If the people weren't so damn dumb, and were actually and truly educated, half of this shit wouldn't be a problem. Obama is too busy trying to get everyone to like him, and the GOP has been hijacked by a strong, but relatively small, lunatic fringe.......yep, that seems like a recipe for success to me.
And people are surprised, and wonder why this happened again why?
Instead of using this as the wake up call that Washington needs (ummmmm, like doing something to raise revenues......like cutting corporate loopholes, raising taxes on the super rich......I mean, what did we not learn from Reaganomics/the theory of trickle down economics, that didn't prove that it DOES NOT WORK!?!?!?), I guess they are just going to brood and continue down the road of "business as usual" with an ineffectual leader in the White House, political terrorists controlling the House, and sadly even clowns in the Senate. All I see is a bunch of ineffectual douchebags running everything into the ground anymore, and tons of idiots amongst their constituents eating their shit up on an individual level........the truly ignorant amongst us (the people) are the problem, because they feed the negativity! If the people weren't so damn dumb, and were actually and truly educated, half of this shit wouldn't be a problem. Obama is too busy trying to get everyone to like him, and the GOP has been hijacked by a strong, but relatively small, lunatic fringe.......yep, that seems like a recipe for success to me.
And people are surprised, and wonder why this happened again why?
Yep.
Unfortunately as a group they've been allowed to perform as a quasi-regulatory agency, when in fact they're essentially oligopolist for profit entities that are primarily concerned with their bottom line.
Ratings agencies
Yep.
Exactly.
I'll see your
and raise you a 
busenbust
^^^^
Yep.
Unfortunately as a group they've been allowed to perform as a quasi-regulatory agency, when in fact they're essentially oligopolist for profit entities that are primarily concerned with their bottom line.
Yep.
Exactly.
I'll see your
^^absolutely agree hustler. they have their own vested interests to serve ... Moodys and S&P are a fucking joke!
PlasmaTwa2
The Second-Hottest Man in my Mother's Basement
Isn't half the hype about it the fact that it is the first time?
Well the US went into default in the 1830s/40s. But that's a fact that might as well be on Mars to most Americans.
Translation: You dumb fucks didn't generate a dime of new revenues thanks to the tea bagging clowns.. ..Now prepare to give away more money in interest.
(Thanks tea baggers...
The democrats haven't passed a budget in almost 3 years... blame whomever you want but Obama and the Congressional dems had two years to do ANYTHING they wanted and after ripping Bush for spending too much money for 8 years, all they did was expand it at a faster pace. Now the US debt is almost 100% of GDP and it's time to pay the fucking piper.... jeez, like no one saw this coming??
