Is the U.S. Credit Rating a Victim of GOP Sabotage?

Discussion in 'Politics' started by DaGoose, Aug 6, 2011.

  1. DaGoose
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    DaGoose Gold Member

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    Is the U.S. Credit Rating a Victim of GOP Sabotage? | Daniel Gross - Yahoo! Finance

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  2. Lakhota
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    Lakhota Diamond Member

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    YES! That's a no-brainer!
     
  3. KissMy
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    KissMy Free Breast Exam

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    It is both parties fault. Taxes were not raised & enough entitlements were not cut.

    [ame="http://www.youtube.com/watch?v=VuCKkOkQcHY&feature=mh_lolz&list=FLbelSlnGRpRM"]Who We Are Supporting With Taxes[/ame]
     
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    Last edited: Aug 6, 2011
  4. Toro
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    Toro Diamond Member

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    This is a two-party failure, not one party.
     
  5. KissMy
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    KissMy Free Breast Exam

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    CNN: Chinese agency downgrades U.S. credit rating for the 3rd time.

    German Rating Agency Feri Downgrades US Government Bonds: AAA to AA! | zero hedge

    Egan-Jones Downgrades US From AAA To AA+ It had nothing to do with the current Debt Limit!!! It was due to the looming 100% Debt to GDP ratio.

    Moody's lowered its outlook on U.S. debt to "negative." | CNN

    S&P Downgraded US Credit to AA+ | AP

    Fitch Statement Shows US Downgrade Risk Remains In Play
    Gold upgrade to a Tier 1 Asset while US Bonds get downgraded.
     
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    Last edited: Aug 6, 2011
  6. editec
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    editec Mr. Forgot-it-All

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    Us Credit rating dowgraded.

    Its the victim of nearly 50 years of mismanagment by the duelopoly.

    It's mismanagment only if one assumes that the duelopoly's real agenda was a healthy and vibrant nation.

    I'm not entirely convinced that was (or is!) their agenda.
     
  7. kyzr
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    kyzr Gold Member

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    GOP sabotage? Look at the Debt chart, then recall who extended the Bush Tax cuts. Agreed that the Bush admin was terrible, but the BO admin isn't any better. the dems are taking us deeper into the ditch.
     
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  8. Full-Auto
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    Full-Auto Gold Member

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    Finger pointing follows debt downgrade - politics - msnbc.com

    A left leaning site is ok isnt it.
     
  9. rightwinger
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    rightwinger Award Winning USMB Paid Messageboard Poster Gold Supporting Member Supporting Member

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    The two party system is not working. It is all or nothing for both parties

    S&P just slapped us in the face and told us to start acting like adults
     
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  10. CrusaderFrank
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    CrusaderFrank Diamond Member

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    What fucking crap, this is all on Obama and the Dems. "We Own the economy" -- DNC

    The House presented a responsible, grown up plan for real spending cuts, and balancing the budget and the Obama and the Dems voted it down. All they cared about was giving Obama unlimited refills on his spending crack pipe until after his one term ends.

    Obama, the Downgraded President

    And Social Security is still broke
     

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