Another downgrade?

Discussion in 'Politics' started by Si modo, Nov 8, 2012.

  1. Si modo
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    Si modo Diamond Member

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    State Dept. Briefing for Foreign Reporters: ‘We’re Going to Get Downgraded’

    By Terence P. Jeffrey
    November 7, 2012


    (CNSNews.com) - An economic analyst invited by the State Department to brief a group of foreign journalists on the U.S. economy on Election Day responded to a question from a reporter from the Egyptian newspaper Al Wafd by predicting that U.S. Treasury securities—the means by which the U.S. government finances its debt--will be downgraded again.

    ....​

    But, here's a good nugget:

    "If that happens [they avoid sequestration] and they need to raise the debt ceiling, we’re probably going to be downgraded again in terms of our government by Moody’s or S&P," said Bostjancic. "The debt rating agencies are going to downgrade the U.S. Treasury. On the other hand, does it matter? ....​
    [emphasis mine]

    :wtf:

    The cavalier attitude and ignorance of this administration are stunning.
     
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  2. Matthew
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    Matthew Blue dog all the way!

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    Yep,

    We were downgraded last time because of our fucking debt and will be again. Same as Greece, Spain, France, Italy that has done the same shit. Marxism doesn't work very good.

    I'm starting to think that the left wants our country to fail.
     
  3. Matthew
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    Matthew Blue dog all the way!

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    The people voted for failure. They will get failure and strife.
     
  4. Matthew
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    Matthew Blue dog all the way!

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    Obama if you care about this country you need to cut all food stamps for the abled bodied adults. You need to do it fast.

    YOU NEED to get to work on rolling back all the welfare you handed out.
     
  5. Old Rocks
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    Old Rocks Diamond Member

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    Well, for sure, the GOP was downgraded.
     
  6. Si modo
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    Si modo Diamond Member

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    Well, we all know that the GOP is not the USA.

    Some of us are worried more about the USA than a party.

    Another downgrade?

    And, the glib mentality of the administration over another one?????
     
  7. Steelplate
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    Steelplate Bluesman

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  8. Si modo
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    Si modo Diamond Member

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    :lmao:

    Yes, yes....it's all the GOP's fault that Obama ran up a debt that the country can't pay and it's all the GOP's fault that they are saying no to more spending whenever we are almost past being able to pay the interest on what we already owe.

    That's called insolvency. If the GOP recognizes that, then how it's their fault for saying no to more is funny to watch.

    Booosh.
     
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  9. Nova78
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    Nova78 Silver Member

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    Is this Obama's plan to move us forward ? "That is forward off a cliff":confused:
     
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  10. Lakhota
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    Lakhota Diamond Member

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    S&P clearly stated that the last downgrade was due to Republican obstruction to raise taxes.
     

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