Moody's warns fiscal cliff deal is not sufficient to avoid downgrade

[Remodeling Maidiac]

Moody's says 'fiscal cliff' deal doesn't end credit downgrade risk - latimes.com)

Seems some conservatives were correct. This deal was a complete joke.

 

[AmyNation]

1st, fuck Moody's.

2nd, I'm not sure deal is the right word for this mess.

 

[kiwiman127]

I have no problem with the tax increases but let's get on with the spending cuts. Then we'll be talking about a serious attempt at attacking the US debt.

 

[tjvh]

All they did was back away from the cliff... They'll be making their way for it again soon enough.

 

[Remodeling Maidiac]

1st, fuck Moody's.

2nd, I'm not sure deal is the right word for this mess.

We can no more dismiss Moodys than we can dismiss private credit rating agencies that hold major power over our lives.

 

[Luddly Neddite]

Worse is that the Rs are saying they plan to make it a lot worse. They plan to force another big fight, a showdown and ultimately, another downgrade.

Hard to believe the R hates their own country this much.

 

[Luddly Neddite]

What we have to look forward to ...

 

[Remodeling Maidiac]

Are you done with your I have nothing of substance to offer so ill post pretty pictures routine?

 

[Avorysuds]

Common sense warns the fiscal cliff will get us downgraded Gramps. Thanks to Reps, Dems and Obama for being incapable of doing their job.

 

[CrusaderFrank]

Obama bin Downgraded

 

[RoadVirus]

Moody's says 'fiscal cliff' deal doesn't end credit downgrade risk - latimes.com)

Seems some conservatives were correct. This deal was a complete joke.

Obama probably doesn't care. Strike that...i'm pretty sure he really doesn't care.

 

[ilia25]

Moody's says 'fiscal cliff' deal doesn't end credit downgrade risk - latimes.com)

Seems some conservatives were correct. This deal was a complete joke.

Seems some conservatives are the reason for the credit downgrade risk:
"Moody's said it was particularly concerned that the tax deal did not include an increase in the nation's debt limit."

And we all know who is opposing to the rising of the debt limit.

 

[Politico]

Seeing as they haven't actually addressed it how is this a surprise?

 

[Glensather]

In a couple of months we'll be right back up to it.
Maybe we'll go over this time.
It'll be a good thing for everyone

 

[The Rabbi]

Obama has desensitized people to downgrades in credit by saying "America has always been a triple A place." Downgrades mean something. And they cost money. People pretend we can go on spending regardless of consequences. Reality is going to be a bitch.

 

[Claudette]

Moody's says 'fiscal cliff' deal doesn't end credit downgrade risk - latimes.com)

Seems some conservatives were correct. This deal was a complete joke.

Obama probably doesn't care. Strike that...i'm pretty sure he really doesn't care.

You bet he doesn't care. He's got his second term and he doesn't need anyone votes anymore. He doesn't give a rats ass. All he's concerned with is his social equality bs. You know. Those that have should be more than willing to support those that don't have. Spread the wealth.

As for the Fiscal deal? Of course its a joke. Taxes raised and I hope no one is holding their breath waiting for those miniscule spending cuts.

Perhaps we should all write Congress and tell em the next time they need money they need to raid THEIR SS and they and all Fed workers are all going to be on Obamacare just like the rest of us.

Bet that would go over like a fart in church.

 

[Mac1958]

.

Our "leaders" (cough) know goddamn well the following:

1. This joke of a bill should be an insult to anyone who is paying attention and cares about the debt
2. Most people aren't paying attention or understand or care about the ramifications of the debt

These people are not serious.

These people do not have your best interests at heart.

And they get away with it, because they know not enough people give a crap. The Kardashians are more important to them.

What a racket.

.

 

[LoneLaugher]

I gotta tell ya, you nutters have a very difficult role to play. There is great risk that the audience will not believe your performance.

Pretending to be troubled by thoughts of impending economic doom while bursting with joy on the inside has got to take its toll.

 

[Seawytch]

Washington Celebrates Solving Totally Unnecessary Crisis They Created

 

[zeke]

As soon as Obama educates the American people on just what the COTUS says about what branch of governmnet has the power to tax and spend, the Rethugs will get killed for defaulting on the debts they authorized.

Wall street will be really REALLY pissed at rethugs for trashing the economy.

And the 2014 elections couldn't get here fast enough. To punish the rethugs. It's gonna be great.

But I think, if you all have any stock or stock funds, convert to cash. Bond funds, get out now. Our economy will get trashed in this go around.