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Is Standard and Poor Blaming the Teaparty for credit Downgrade ?

This is a discussion on Is Standard and Poor Blaming the Teaparty for credit Downgrade ? within the Tea Party forums, part of the US Discussion category; Quote: Originally Posted by Stephanie Guests cannot see images in the messages. Please register to forum by clicking here to see images. Yeah, REMEMBER when ...


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  #16 (permalink)  
Old 08-06-2011, 10:09 PM
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Yeah, REMEMBER when they told us the TEA PARTY was INSIGNIFICANT.

NOW ALL OF A SUDDEN, EVERY ****ING THING WRONG IS THEIR FAULT.

you have to laugh and shake your head with the sheepish like usefulness and pure IGNORANCE of the Democrat voters.

This is why we are HERE TODAY. fine job. you all should BE PROUD.
It's fun looking back on Pelosi's statements. They were such utter bull**** and appear obviously so now.
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Old 08-06-2011, 10:17 PM
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We lowered our long-term rating on the U.S. because we believe that the
prolonged controversy over raising the statutory debt ceiling and the related
fiscal policy debate indicate that further near-term progress containing the
growth in public spending, especially on entitlements, or on reaching an
agreement on raising revenues is less likely than we previously assumed and
will remain a contentious and fitful process. - S&P Analysis


Ahh it wont allow me to link to the standard and poors site that has the entire article because I dont have 15 posts as of yet :{ Above is an actual excerpt.
The treasonous Tea Party will do whatever it takes to destroy America.
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  #18 (permalink)  
Old 08-06-2011, 10:18 PM
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Is Standard and Poor Blaming the Teaparty for credit Downgrade ?
Yes.

The one group that wanted a balanced budget and has held miniscule power for almost two years is at fault.

If we balance the budget the "terrorist" have won! Didn't you get the memo?
You mean the same group that did not complain about Bush spending?

Partisan politics not real morals and such.
You mean the same group that didn't exist during it's presidency and started after TARP and the Bailouts were created?

Quote:
The Tea Party movement (TPM) is an American populist[1][2][3] political movement that is generally recognized as conservative and libertarian,[4][5] and has sponsored protests and supported political candidates since 2009.[6][7][8] It endorses reduced government spending,[9][10] opposition to taxation in varying degrees,[10] reduction of the national debt and federal budget deficit,[9] and adherence to an originalist interpretation of the United States Constitution.[11]
How about a little fire, Scarecrow?
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  #19 (permalink)  
Old 08-06-2011, 10:20 PM
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We lowered our long-term rating on the U.S. because we believe that the
prolonged controversy over raising the statutory debt ceiling and the related
fiscal policy debate indicate that further near-term progress containing the
growth in public spending, especially on entitlements, or on reaching an
agreement on raising revenues is less likely than we previously assumed and
will remain a contentious and fitful process. - S&P Analysis


Ahh it wont allow me to link to the standard and poors site that has the entire article because I dont have 15 posts as of yet :{ Above is an actual excerpt.
The treasonous Tea Party will do whatever it takes to destroy America.
Treason? You of course have evidence of high crimes, misdemeanors and aid and comfort to the enemy, right?

I can't wait to see what pops out of your ass on this one.
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  #20 (permalink)  
Old 08-06-2011, 10:28 PM
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We lowered our long-term rating on the U.S. because we believe that the
prolonged controversy over raising the statutory debt ceiling and the related
fiscal policy debate indicate that further near-term progress containing the
growth in public spending, especially on entitlements, or on reaching an
agreement on raising revenues is less likely than we previously assumed and
will remain a contentious and fitful process. - S&P Analysis


Ahh it wont allow me to link to the standard and poors site that has the entire article because I dont have 15 posts as of yet :{ Above is an actual excerpt.
No, its not just the Tea Party, though they are part of it. It is because of the intractability of the entire political process, of which the Tea Party are a part.

S&P downgraded us because of politics, not because of economics. They aren't saying we can't pay or make sacrifices. They are saying we aren't willing to pay or make sacrifices.
True. We could straiten out the whole mess by cutting spending, increasing revenue, or a combination of the two. We choice to do none of the above.
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  #21 (permalink)  
Old 08-06-2011, 10:34 PM
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We lowered our long-term rating on the U.S. because we believe that the
prolonged controversy over raising the statutory debt ceiling and the related
fiscal policy debate indicate that further near-term progress containing the
growth in public spending, especially on entitlements, or on reaching an
agreement on raising revenues is less likely than we previously assumed and
will remain a contentious and fitful process. - S&P Analysis


Ahh it wont allow me to link to the standard and poors site that has the entire article because I dont have 15 posts as of yet :{ Above is an actual excerpt.
No, its not just the Tea Party, though they are part of it. It is because of the intractability of the entire political process, of which the Tea Party are a part.

S&P downgraded us because of politics, not because of economics. They aren't saying we can't pay or make sacrifices. They are saying we aren't willing to pay or make sacrifices.
True. We could straiten out the whole mess by cutting spending, increasing revenue, or a combination of the two. We choice to do none of the above.
We don't NEED to increase revenue. We need to put the revenue AND spending on a diet so the private sector has more capital in which to reinvest and spur on economic growth.

Why is this so friggen hard to get for libs? Increasing government revenue only DECREASES economic growth and thereby revenues to the government over time.
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  #22 (permalink)  
Old 08-06-2011, 10:34 PM
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We lowered our long-term rating on the U.S. because we believe that the
prolonged controversy over raising the statutory debt ceiling and the related
fiscal policy debate indicate that further near-term progress containing the
growth in public spending, especially on entitlements, or on reaching an
agreement on raising revenues is less likely than we previously assumed and
will remain a contentious and fitful process. - S&P Analysis


Ahh it wont allow me to link to the standard and poors site that has the entire article because I dont have 15 posts as of yet :{ Above is an actual excerpt.
No, its not just the Tea Party, though they are part of it. It is because of the intractability of the entire political process, of which the Tea Party are a part.

S&P downgraded us because of politics, not because of economics. They aren't saying we can't pay or make sacrifices. They are saying we aren't willing to pay or make sacrifices.

I agree, I got from the article that S&P wanted to see both spending cuts and revenue increases and they believe that the rancor between the two parties is only going to get worse and the problem will not be solved.
The closer to the election we get the less likely any kind of common ground will be met.
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  #23 (permalink)  
Old 08-06-2011, 10:38 PM
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No, its not just the Tea Party, though they are part of it. It is because of the intractability of the entire political process, of which the Tea Party are a part.

S&P downgraded us because of politics, not because of economics. They aren't saying we can't pay or make sacrifices. They are saying we aren't willing to pay or make sacrifices.
True. We could straiten out the whole mess by cutting spending, increasing revenue, or a combination of the two. We choice to do none of the above.
We don't NEED to increase revenue. We need to put the revenue AND spending on a diet so the private sector has more capital in which to reinvest and spur on economic growth.

Why is this so friggen hard to get for libs? Increasing government revenue only DECREASES economic growth and thereby revenues to the government over time.
Same old bull**** different day.

The Bush administration said all we had to do was lower taxes and that would increase revenue, so the deficit would be no problem.

Well guess what? We have the LOWEST TAX RATES IN THE INDUSTRIALIZED WORLD except for Japan and Spain. And Japan has almost no military and Spain is broke.

You can't maintain the most powerful military in the world and pay for Social Security and Medicare without raising taxes. IT IS IMPOSSIBLE.

So which are you going to eliminate? Social Security? Medicare? Or our military?
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  #24 (permalink)  
Old 08-06-2011, 10:43 PM
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Quote:
True. We could straiten out the whole mess by cutting spending, increasing revenue, or a combination of the two. We choice to do none of the above.
Both, actually – the budget can’t be balanced on cuts alone.

Quote:
You mean the same group that did not complain about Bush spending?
Spending was OK then – spending only became bad 1/20/2009 at Noon EST.
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  #25 (permalink)  
Old 08-06-2011, 10:45 PM
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True. We could straiten out the whole mess by cutting spending, increasing revenue, or a combination of the two. We choice to do none of the above.
We don't NEED to increase revenue. We need to put the revenue AND spending on a diet so the private sector has more capital in which to reinvest and spur on economic growth.

Why is this so friggen hard to get for libs? Increasing government revenue only DECREASES economic growth and thereby revenues to the government over time.
Same old bull**** different day.

The Bush administration said all we had to do was lower taxes and that would increase revenue, so the deficit would be no problem.

Well guess what? We have the LOWEST TAX RATES IN THE INDUSTRIALIZED WORLD except for Japan and Spain. And Japan has almost no military and Spain is broke.

You can't maintain the most powerful military in the world and pay for Social Security and Medicare without raising taxes. IT IS IMPOSSIBLE.

So which are you going to eliminate? Social Security? Medicare? Or our military?
and it kept us from going into a depression post 9/11. Of course we won't pay attention to that. How about some of W's poor job growth numbers now? You want any of them?

But you're right. You can't maintain the military with global power projection and Social Security and Medicare/Medicaid. Let's cut the ones not in the constitution: Social Security and Medicare/Medicaid.

Oh wait... not the answer you were looking for was it. Hey, I'll even compromise, we'll pull all our foreign bases, and put the troops on our southern boarder and start shooting at the mexican military which we armed as they escort drug cartel shipments into the nation! Sound like a fair solution?
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  #26 (permalink)  
Old 08-06-2011, 10:46 PM
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True. We could straiten out the whole mess by cutting spending, increasing revenue, or a combination of the two. We choice to do none of the above.
We don't NEED to increase revenue. We need to put the revenue AND spending on a diet so the private sector has more capital in which to reinvest and spur on economic growth.

Why is this so friggen hard to get for libs? Increasing government revenue only DECREASES economic growth and thereby revenues to the government over time.
Same old bull**** different day.

The Bush administration said all we had to do was lower taxes and that would increase revenue, so the deficit would be no problem.

Well guess what? We have the LOWEST TAX RATES IN THE INDUSTRIALIZED WORLD except for Japan and Spain. And Japan has almost no military and Spain is broke.

You can't maintain the most powerful military in the world and pay for Social Security and Medicare without raising taxes. IT IS IMPOSSIBLE.

So which are you going to eliminate? Social Security? Medicare? Or our military?
Care to compare Bush's record on the economy to Obama's? I'll bet Obama doesn't.
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Old 08-06-2011, 10:49 PM
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  #28 (permalink)  
Old 08-06-2011, 10:51 PM
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We don't NEED to increase revenue. We need to put the revenue AND spending on a diet so the private sector has more capital in which to reinvest and spur on economic growth.

Why is this so friggen hard to get for libs? Increasing government revenue only DECREASES economic growth and thereby revenues to the government over time.
Same old bull**** different day.

The Bush administration said all we had to do was lower taxes and that would increase revenue, so the deficit would be no problem.

Well guess what? We have the LOWEST TAX RATES IN THE INDUSTRIALIZED WORLD except for Japan and Spain. And Japan has almost no military and Spain is broke.

You can't maintain the most powerful military in the world and pay for Social Security and Medicare without raising taxes. IT IS IMPOSSIBLE.

So which are you going to eliminate? Social Security? Medicare? Or our military?
and it kept us from going into a depression post 9/11. Of course we won't pay attention to that. How about some of W's poor job growth numbers now? You want any of them?

But you're right. You can't maintain the military with global power projection and Social Security and Medicare/Medicaid. Let's cut the ones not in the constitution: Social Security and Medicare/Medicaid.

Oh wait... not the answer you were looking for was it. Hey, I'll even compromise, we'll pull all our foreign bases, and put the troops on our southern boarder and start shooting at the mexican military which we armed as they escort drug cartel shipments into the nation! Sound like a fair solution?
I have paid into Social Security for FORTY YEARS, SO **** YOU.

No, all we have to do is repeal the Bush tax cuts and cut back our bloated military.

That's what Clinton did and he balanced the budget and had a strong economy.
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  #29 (permalink)  
Old 08-06-2011, 10:54 PM
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Too bad the chart wasn't extended so you saw Bush's administration prior to the recession.
Obama's "job creation" has been crap, badly lagging what was needed. This despite his "laser like focus" on jobs.
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Old 08-06-2011, 10:56 PM
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Too bad the chart wasn't extended so you saw Bush's administration prior to the recession.
Obama's "job creation" has been crap, badly lagging what was needed. This despite his "laser like focus" on jobs.
Bush destroyed the economy and doubled the National Debt.

Obama saved us from another Great Depression.
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