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Oops US credit rating gets downgraded.

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Strong Eagle
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Postby Strong Eagle » Sat, 06 Aug 2011 11:03 pm

JR8 wrote:Backward thinking?

The citizens voted for these people to express their will.

All power to them.


One party system looks better all the time.

Morons that vote people in to shoot them in the foot, destroy their financial security.

Thanks, but no thanks to the Tea Party.

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Postby nakatago » Sat, 06 Aug 2011 11:18 pm

Calmday wrote:
nakatago wrote:
JR8 wrote:Well there is no plan.

That's why S&P downgraded them.


p.s. Still, it's all the GOPs fault so that's ok lol


You know what? I actually empathize with the GOP this time. I mean, they have to put up with those freshmen tea partiers. I felt sorry for John Boehner.
Ya I know. Those wacky tea partiers trying to get the US gov to spend within their means. What the heck is wrong with those not jobs? Don’t they know that Uncle Sam can print all the money that he wants?


You do know that both parties agreed that spending must be cut already, right? They just couldn't agree where to cut it...and raise tax rates for the rich.

JR8 wrote:I see a schism forming between the people and the politicians.

Its transparent when times are good, but no longer.

Right now you have the will of the people, and the politicians simply off doing their own thing. It cannot go on for ever like this.


Saw several news pieces that basically say majority of Americans found politicians behavior during the debates pathetic and childish.

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Postby poodlek » Sat, 06 Aug 2011 11:39 pm

nakatago wrote:You do know that both parties agreed that spending must be cut already, right? They just couldn't agree where to cut it...and raise tax rates for the rich.

Saw several news pieces that basically say majority of Americans found politicians behavior during the debates pathetic and childish.


It was rather appalling how little sensible discussion actually occurred over this. So much finger pointing and clouding the issues and so little actual work. SMH.

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Postby Calmday » Sun, 07 Aug 2011 7:22 am

poodlek wrote:It was rather appalling how little sensible discussion actually occurred over this. So much finger pointing and clouding the issues and so little actual work. SMH.
Yes yes and yes.

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aster
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Postby aster » Wed, 10 Aug 2011 5:29 am

We can always print more money! :)

http://www.youtube.com/watch?v=q6vi528gseA

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Postby The Remittance Man » Sat, 13 Aug 2011 11:42 pm

Calmday wrote:Ya I know. Those wacky tea partiers trying to get the US gov to spend within their means. What the heck is wrong with those not jobs?


And they think the way to get the government to live within its means is to prevent any additional revenue whatsoever. That is what is wrong with those nutjobs.
I pay FIVE DOLLARS for something and then I LOSE it!

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JR8
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Postby JR8 » Sun, 14 Aug 2011 8:21 am

The Remittance Man wrote:
Calmday wrote:Ya I know. Those wacky tea partiers trying to get the US gov to spend within their means. What the heck is wrong with those not jobs?


And they think the way to get the government to live within its means is to prevent any additional revenue whatsoever. That is what is wrong with those nutjobs.


If anything is nuts I'd have thought increasing lending to a bankrupt with no plans how to pay any of it back must rate pretty high.

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Postby hougangpeterlee » Thu, 18 Aug 2011 8:14 pm

I feel very sad about this. Surely the Americans who always come across as respectful and polite don't deserve the downgrade.

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Postby ukdesigner » Thu, 18 Aug 2011 8:28 pm

If anything is nuts I'd have thought increasing lending to a bankrupt with no plans how to pay any of it back must rate pretty high.


Try going to a bank and borrowing money if you were in the same deficit as the US. They'd laugh at you.

I think it was about time the US got downgraded. They surely cannot continue just printing money without a serious timeline and proper plan as to how they are going to get out of the sh*t that their in. I'm surprised it took as long as it did before one of the ratings agencies downgraded. Now I see the US is going to investigate their methods and more than likely blackmail them into reversing their decision somehow.

Not a very good showing and hardly allows the agency to stay neutral when they have threats about investigations hanging over their heads.

I have to say this (and sorry to the few americans on this site) but it was about time someone brought your government down a peg or 2.
Don't p*ss me off! I am running out of places to hide the bodies.

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Postby sundaymorningstaple » Thu, 18 Aug 2011 9:10 pm

Yeah, I agree, and they will probably take the PIIGS & the UK down as well. All deserving it.

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Postby Tigerslayer » Thu, 18 Aug 2011 9:43 pm

^^^^ +1

I am astounded how all of these countries allowed this to happen and the lack of accountability.

The people who collectively got these countries into this mess have committed such an abuse that has such wide reaching effects globally and yet not even a handful will have to answer for it.

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Postby nakatago » Thu, 18 Aug 2011 10:05 pm

You know how in some stories, you have this villain wanting to destroy the world? And is turns out, all he wants is what's good for the world and thinks the best way to achieve that is to build from scratch?

It's starting to become a really attractive prospect now.

http://www.worstpreviews.com/headline.php?id=22603&count=33

He might have been trolling CNN, of course.


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