You will get your wish Bachmann....lower rating

Discussion in 'Politics' started by JimH52, Jul 20, 2011.

  1. JimH52
    Offline

    JimH52 Gold Member

    Joined:
    Oct 14, 2007
    Messages:
    19,243
    Thanks Received:
    3,094
    Trophy Points:
    290
    Location:
    US
    Ratings:
    +8,219
    Debt downgrade looms larger for US - Business - Eye on the Economy - msnbc.com

    Thanks Michelle. You and the rest of your tea bagger children have now assured a lower credit rating for the US. Interest rates go up, Jobs will be harder to find, and the Dollar will lose value.

    But you keep preaching to your bagger brother and sisters that there is noting to fear. YOU ARE A LOON, BACHMANN!
     
  2. Avatar4321
    Offline

    Avatar4321 Diamond Member Gold Supporting Member

    Joined:
    Feb 22, 2004
    Messages:
    70,542
    Thanks Received:
    8,161
    Trophy Points:
    2,070
    Location:
    Minnesota
    Ratings:
    +12,157
    Why exactly are you criticizing the people who want to fix the problem, IE pay off the debt when you support non-stop spending?
     
  3. hellofromwarsaw
    Offline

    hellofromwarsaw BANNED

    Joined:
    Jul 14, 2010
    Messages:
    1,617
    Thanks Received:
    112
    Trophy Points:
    0
    Location:
    NY 26th finally Dem!
    Ratings:
    +112
    Actually, Dems are for 4 trillion in cuts, FINALLY getting controls on health spending, and filling loopholes in corporate taxes, getting the BLOATED rich to pay a bit more- while Pubs electioneer, lie, and hold the country's economy hostage to bull shytte, greed, and blind ambition...jfc.
     
  4. waltky
    Offline

    waltky Wise ol' monkey Supporting Member

    Joined:
    Feb 6, 2011
    Messages:
    20,831
    Thanks Received:
    1,790
    Trophy Points:
    215
    Location:
    Okolona, KY
    Ratings:
    +3,874
    AAA credit rating safe for now...
    :eusa_eh:
    Moody's affirms AAA rating, lowers outlook
    August 2, 2011: Credit rating agency Moody's said Tuesday the United States will keep its sterling AAA credit rating for the time being, but lowered its outlook on U.S. debt to "negative."
     
    Last edited: Aug 3, 2011
  5. Grampa Murked U
    Offline

    Grampa Murked U Diamond Member

    Joined:
    Jun 13, 2011
    Messages:
    47,570
    Thanks Received:
    8,782
    Trophy Points:
    2,055
    Location:
    Kansas City
    Ratings:
    +23,804
    Desperation is blaming someone who neither racked up this debt nor demanded this debt.

    Ps. Our debt is the reason for a down grade. Just like a child that breaks his siblings toy when he was the only one in the room when it was broken.

    Topic is fail.
     
  6. 007
    Offline

    007 Charter Member Supporting Member

    Joined:
    May 8, 2004
    Messages:
    38,328
    Thanks Received:
    7,868
    Trophy Points:
    1,130
    Ratings:
    +11,946
    There ya go... keep up the spending shit for brains... and it won't be much longer and we'll be Greece... which by the way, now, is coming.

    So it isn't Bachman that's gotten her way MORON, it's your fucking SPEND, SPEND, SPEND LIKE THE WIND radical left.

    Eat shit and die mother fucker.
     
    • Thank You! Thank You! x 2
    Last edited: Aug 3, 2011
  7. The Infidel
    Offline

    The Infidel EVIL CONSERVATIVE

    Joined:
    May 19, 2010
    Messages:
    17,252
    Thanks Received:
    3,170
    Trophy Points:
    48
    Location:
    AMERITOPIA
    Ratings:
    +3,173
    [ame=http://www.youtube.com/watch?v=NJ6xBaZ92uA]‪hamburger‬‏ - YouTube[/ame]
     
    • Thank You! Thank You! x 1
  8. JoeB131
    Offline

    JoeB131 Diamond Member

    Joined:
    Jul 11, 2011
    Messages:
    80,476
    Thanks Received:
    6,870
    Trophy Points:
    1,815
    Location:
    Chicago, Chicago, that Toddling Town
    Ratings:
    +15,020
    Standard and Poors is the one you have to watch, though. They are the ones likely to downgrade to AA instead of AAA.

    Which may not be the horrid thing people are claiming it is. Japan was downgraded to AA back in the 1990's, and all the horrid results that people claimed were going to happen, didn't.

    Our real problem is not necessarily what we are spending, but what we are bleeding. We've had trade deficits of 500 Billion a year since the 1970's, and that is when we started experiencing debt problems. The whole national debt in 1976- the Bicentenial was 600 Billion dollars. That's the debt for two world wars, space program, Great Society, New Deal, Interstate highway system, and so on. As long as we were bringing in money through international trade, by being a manufacturer of finished goods, we had enough good money to lubricate a fine-tuned machine.

    Today, manufacturing is fleeing because it's easier to open a factory in China or Mexico, and even that customer service job can be outsourced to India or the Philippines. Until we get a handle on that, we're in trouble But neither party wants to talk about that. Hell, they want to sign MORE free trade agreements. Lets sign these new treaties with Columbia and South Korea. Oh, wait, let's also set aside some money to retrain the people who will lose their jobs when we do!

    Hey, if people are going to lose their jobs if you sign a treaty, don't sign the effin' treaty!!!!
     
    • Thank You! Thank You! x 1
  9. Warrior102
    Offline

    Warrior102 Gold Member

    Joined:
    May 22, 2011
    Messages:
    16,554
    Thanks Received:
    4,019
    Trophy Points:
    183
    Ratings:
    +4,029
    Why are you criticizing Bachmann for this ? Is Obama not available/vacationing/golfing ?
     

Share This Page