FLASHBACK: 'No Risk' USA Will Lose Its Top Credit Rating. Says,Treasury's Geithner

Speaking of spin
Blame Tea Party
sure...

-Papa Obama originally wanted a debt ceiling with nothing else
-His first budget was voted down because it raised the deficit too much
-It has been over 800 days since the Democrats have submitted a budget

How would that have effected the bond rating?
 
Geithner made that statement on April 19, 2011. I doubt he could have foreseen the bizarre T-Republican dysfunctionality that would follow.

Still, he shouldn't have said it unless he was 100% sure of the outcome.

True, nobody foresaw that the TP would have done what they did....the Treasury secretary, Speaker of the House, Leaders of the House and Senate and POTUS are used to dealing with professional people, not persons hellbent on destroying the institution to which they were elected.

Still, Timothy Geitner shouldn't have said it. But moreover....we get the government we deserve. I honestly feel 2012 is an actual fork in the road for the American people. Whether Obama, Romney, Bachmann, Palin, Perry or whomever is elected is getting to be less of a concern of mine. If the American people send more of these yahoo's to Congress, it will likely be a very short time before we devolve into an American dark ages where no investments are made in anything that made this country great. We won't be able to send the middle class kids to College because there will be no financial aid. We won't be able to invest in job training because there will be no money for it. We won't be able to sustain pay for anything except what these narrow, dim, and frankly small people want and that seems to be...well...nothing. And the sad fact is, what Communism couldn't do, what Al Queda couldn't do, what none of our enemies could do, we would have done to ourselves.

With no concern at all except for upfront costs, any enterprise is sure to fail. Investments made by the government, by their nature, are not designed for those legislating the investing. Could you imagine the angst that would have taken place if we had to build the Hoover Dam today? Could you imagine trying to get that through Congress? Could you imagine if the Space Race were going on today...attempting to get the funding out of the TP hacks on the speculation that we would be able to...one day...have worldwide communications in the blink of an eye?

It would go no where.

What morons from the Tea Party don't understand is that we have the same projects on the plate today. Our infrastructure is in decline, races in micro-technology are taking place right now. We could make the investments. But, of course, that is off the table because they don't want to do it. Sadder still; they can't see it.

Dark days are ahead if the Tea Party increases their numbers.
 
Oh yes, racism , of course

People hate not his skin colour but the colour of his politics

Why must I continually explain how transparent you people are?? You give yourselves away all the time.

"As soon as Barack Obama won the election in 2008, bigots in the Republican Party began making snide, racist remarks meant to demean the president and it has continued without pause. During the healthcare reform debates, teabaggers and Republicans accused the president of stealing white Americans’ money to pay for “his homies” health insurance. When the Democratic representatives marched to the capital to vote on the health law, protestors threw racial epithets at Black representatives. On various conservative websites, racists posted photos depicting the President as an African tribal chief or medicine man. When the president instructed the DEA to back off medical marijuana users, the chatter was that he was repaying the “bros” in the ghetto for their votes. The racial hatred for the president is not really the issue, but defines the sentiment of the country.

Within a day of the president taking office, Mitch McConnell stated that Republicans highest priority was making President Obama a one term president. McConnell has repeated the comment in spite of the president’s policies that can best be described as Centrist for working with the business community, Wall Street, Insurance Industry, and the banking industry. President Obama has presided over the lowest tax rates in over 60 years and has been strong on defense but he still gets criticism as being un-American. Un-American is just code for African-American and it explains the birther movement meant to delegitimize the president as wrong, foreign, or not like us. In other words; not white.

There must be zero tolerance for any American who uses racial slurs or discriminates against a racial minority or else bigotry will continue until the country is torn apart by a race war. If any American thinks racism is not rampant in America, look at some Southern states that glorify the Civil War and still fly the Confederate flag. That flag represents slavery and is used by hate-groups like the KKK and various militias in the north and the south. Racism is a disease that will not be eradicated any time soon and it does not help when a member of the House of Representatives throws out a racial epithet like tar baby when referring to the first African-American president. Mr. Lamborn cannot be sent to prison for using a racial slur against the president because unfortunately, it is not against the law. However, to teach the country that no bigoted remarks will be tolerated by a government employee, he should be forced to resign. It would not eliminate racism, but it would send a strong message that our leaders will not tolerate bigots. Unfortunately, with Republicans controlling the House where Lamborn is a member, he will not even be censured because he was just expressing the GOP’s sentiment and was caught saying what McConnell, Boehner, and the rest of the Republicans must be saying in private. How can anyone be so sure? Because of his poor excuse of an apology and the ease at which he called the President of the United States a tar baby."

When have you heard any right winger call this wrong??? When??? If you're racist, then own it. Quit hiding behind saying that you're being picked on, like a bunch of pansy asses.
I wish I could post the entire content, but I can't. I would suggest reading it.

Of Tar Babies And Presidents: The Racist Strategy To Demean Obama

My god quit crying. The inauguration ceremony set the tone.

Who's crying?? I posted something that's true, that's all. Maybe you're the one crying. Does this article hit a nerve???
 
The leftist Zombie Squad is sooo entrenched in their adoration and worship of King Obama that even being downgraded means nothing to them. Leftists are a braindead lot of simpletons.. stop wasting your time in debating these Zombies.. they're lost in their own freak-filled Utopia.

It was you Obama haters that WANTED this to happen on his watch. That was the whole point. So take your phony outrage and shove it. You are all secrectly thrilled beyond words.
 
The leftist Zombie Squad is sooo entrenched in their adoration and worship of King Obama that even being downgraded means nothing to them. Leftists are a braindead lot of simpletons.. stop wasting your time in debating these Zombies.. they're lost in their own freak-filled Utopia.

It was you Obama haters that WANTED this to happen on his watch. That was the whole point. So take your phony outrage and shove it. You are all secrectly thrilled beyond words.

Before you try telling the rest of the world what they're thinking and who they are, maybe you should try some introspection. A little self-awareness never hurt anyone.
 
The leftist Zombie Squad is sooo entrenched in their adoration and worship of King Obama that even being downgraded means nothing to them. Leftists are a braindead lot of simpletons.. stop wasting your time in debating these Zombies.. they're lost in their own freak-filled Utopia.

It was you Obama haters that WANTED this to happen on his watch. That was the whole point. So take your phony outrage and shove it. You are all secrectly thrilled beyond words.

Before you try telling the rest of the world what they're thinking and who they are, maybe you should try some introspection. A little self-awareness never hurt anyone.

Remember something. Actions speak louder than words. And that's the friggin' truth.
 
I see the wingnut spin machine has been working overtime since this credit downgrade.

If you think that the majority of Americans (including most conservative economists), are ever going to believe that the Tea Party is not responsible for this downgrade you are out of your mind!

But, good luck trying!

If you believe any one party is responsible for this... you are BAT SHIT CRAZY. This is the result of DECADES of profligate spending.

But hey, blame it on a small handful of people elected to Congress nine months ago.. yeah, there ya go.

:lol:
 

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