Another downgrade?

If You Read The Actual S&P Report, They Blame Republicans For Refusing To Raise Taxes. Why Won't The Media Say That? | Crooks and Liars

GOP Causes S&P Downgrade, but Republican Candidates Blame Obama | The Nation

Official reasons given, one official says, will be the political confusion surrounding the process of raising the debt ceiling, and lack of confidence that the political system will be able to agree to more deficit reduction. A source says Republicans saying that they refuse to accept any tax increases as part of a larger deal will be part of the reason cited. The official was unsure if the bond rating would be AA+ or AA.

Govt Officials: US Expecting S&P Downgrade — Based on ‘Serious Mistake’ in Analysis* - ABC News
 
If You Read The Actual S&P Report, They Blame Republicans For Refusing To Raise Taxes. Why Won't The Media Say That? | Crooks and Liars

GOP Causes S&P Downgrade, but Republican Candidates Blame Obama | The Nation

Official reasons given, one official says, will be the political confusion surrounding the process of raising the debt ceiling, and lack of confidence that the political system will be able to agree to more deficit reduction. A source says Republicans saying that they refuse to accept any tax increases as part of a larger deal will be part of the reason cited. The official was unsure if the bond rating would be AA+ or AA.

Govt Officials: US Expecting S&P Downgrade — Based on ‘Serious Mistake’ in Analysis* - ABC News
Sorry, lying sack of shit.

I got a quote directly from the S&P at the WaPo..."bipartisan"


Lying sack of shit that you are.

:lol:






And, now another one. But this incompetent administration can't take it seriously at all.
 
So electing a dumbfuck liberal that spends like a 13 year old with a credit card and also adding more Democraps to the Senate....ends up hurting our credit rating? Shocker.

Harry Reid won't pass a budget and he still controls the Senate with more Democraps now, so the creditors realize this mess is coming after us.

Obamacare is adding $2.6 TRILLION to the national debt for starters in addition to harming the economy, so outsiders see the economic disaster looming over the US because dumbfucks picked someone to be POTUS because he is so-called black.
 
If You Read The Actual S&P Report, They Blame Republicans For Refusing To Raise Taxes. Why Won't The Media Say That? | Crooks and Liars

GOP Causes S&P Downgrade, but Republican Candidates Blame Obama | The Nation

Official reasons given, one official says, will be the political confusion surrounding the process of raising the debt ceiling, and lack of confidence that the political system will be able to agree to more deficit reduction. A source says Republicans saying that they refuse to accept any tax increases as part of a larger deal will be part of the reason cited. The official was unsure if the bond rating would be AA+ or AA.

Govt Officials: US Expecting S&P Downgrade — Based on ‘Serious Mistake’ in Analysis* - ABC News

"Facts are stubborn things" - Reagan :up:
 
If You Read The Actual S&P Report, They Blame Republicans For Refusing To Raise Taxes. Why Won't The Media Say That? | Crooks and Liars

GOP Causes S&P Downgrade, but Republican Candidates Blame Obama | The Nation

Official reasons given, one official says, will be the political confusion surrounding the process of raising the debt ceiling, and lack of confidence that the political system will be able to agree to more deficit reduction. A source says Republicans saying that they refuse to accept any tax increases as part of a larger deal will be part of the reason cited. The official was unsure if the bond rating would be AA+ or AA.

Govt Officials: US Expecting S&P Downgrade — Based on ‘Serious Mistake’ in Analysis* - ABC News

"Facts are stubborn things" - Reagan :up:
Keep putting your head in the sand, or up each others' butts, but you're right. Facts are stubborn things.

S&P said the downgrade "reflects our opinion that the fiscal consolidation plan that Congress and the administration recently agreed to falls short of what, in our view, would be necessary to stabilize the government's medium-term debt dynamics." It also blamed the weakened "effectiveness, stability, and predictability" of U.S. policy making and political institutions at a time when challenges are mounting.​

S&P Downgrades U.S. Debt for First Time - WSJ.com





And, the fact of the matter is that the Department of State was told ANOTHER downgrade is happening and the Dept of State can't be too concerned about that.

:thup: It's the awesome.
 
This has nothing do to with the administration.

It has to do with congressional "kick the can" as the cons couldn't get shit done in a non-partisan manner... So they waited all the way until the very end of the clock and then passed a weird "attempt" in 2010 that would enact cuts so painful that whoever was in the congress at that time (2012,now) would have to do something.

If partisan congress critters had really tried to work across the isle, we would have never gotten downgraded in the first place, S&P flat out said it was because congress couldn't get along.
 
So electing a dumbfuck liberal that spends like a 13 year old with a credit card and also adding more Democraps to the Senate....ends up hurting our credit rating? Shocker.

Harry Reid won't pass a budget and he still controls the Senate with more Democraps now, so the creditors realize this mess is coming after us.

Obamacare is adding $2.6 TRILLION to the national debt for starters in addition to harming the economy, so outsiders see the economic disaster looming over the US because dumbfucks picked someone to be POTUS because he is so-called black.

Keeping the gravy train going is top priority. Economy?
 
Oh my goodness, from the S&P report itself:

"Compared with previous projections, our revised base case scenario now
assumes that the 2001 and 2003 tax cuts, due to expire by the end of 2012, (The Bush tax cuts for the rich)
remain in place. We have changed our assumption on this because the majority of Republicans in Congress continue to resist any measure that would raise revenues"

http://www.standardandpoors.com/ser...lobwhere=1243942957443&blobheadervalue3=UTF-8

How does that shit sandwich taste? :up:
 
Last edited:
This has nothing do to with the administration.

It has to do with congressional "kick the can" as the cons couldn't get shit done in a non-partisan manner... So they waited all the way until the very end of the clock and then passed a weird "attempt" in 2010 that would enact cuts so painful that whoever was in the congress at that time (2012,now) would have to do something.

If partisan congress critters had really tried to work across the isle, we would have never gotten downgraded in the first place, S&P flat out said it was because congress couldn't get along.
Actually, S&P said that Congress AND the administration couldn't get along. And, that our ability to pay our debt is questionable.

The quotes are directly above your post.





Now, we have another downgrade that is looking imminent. And, a fiscal cliff.

It's gonna be a show, for sure. Maybe a horror show.
 
From Flaccid_Label's own link, too:

"The downgrade reflects our opinion that the fiscal consolidation plan
that Congress and the Administration recently agreed to falls short of
what, in our view, would be necessary to stabilize the government's
medium-term debt dynamics."


And, now another downgrade.

:thup:
 
From Flaccid_Label's own link, too:

"The downgrade reflects our opinion that the fiscal consolidation plan
that Congress and the Administration recently agreed to falls short of
what, in our view, would be necessary to stabilize the government's
medium-term debt dynamics."


And, now another downgrade.

:thup:

You were able to read the entire S&P report in only three minutes? Holy shit! :lol:

All i see is you parroting your bullshit in a desperate deflection attempt from the fact that the nation's credit was downgraded because the america hating GOP trash refused to stop their spending spree to the rich.
 
Last edited:
This has nothing do to with the administration.

It has to do with congressional "kick the can" as the cons couldn't get shit done in a non-partisan manner... So they waited all the way until the very end of the clock and then passed a weird "attempt" in 2010 that would enact cuts so painful that whoever was in the congress at that time (2012,now) would have to do something.

If partisan congress critters had really tried to work across the isle, we would have never gotten downgraded in the first place, S&P flat out said it was because congress couldn't get along.

Sure nothing that happens during this administration ever has to do with this administration.
 
From Flaccid_Label's own link, too:

"The downgrade reflects our opinion that the fiscal consolidation plan
that Congress and the Administration recently agreed to falls short of
what, in our view, would be necessary to stabilize the government's
medium-term debt dynamics."


And, now another downgrade.

:thup:

Where? All i see is you parroting your bullshit in a desperate deflection attempt from the fact that the nation's credit was downgraded because the america hating GOP trash refused to stop their spending spree to the rich.
From YOUR link, moron.

Page 2, "Overview"

Damn....don't you even read your own links? :lol:
 
S&P clearly stated that the last downgrade was due to Republican obstruction to raise taxes.
Lying sack of shit is still a lying sack of shit.

It said the bipartisan agreement reached this week to find at least $2.1 trillion in budget savings “fell short” of what was necessary to tame the nation’s debt over time and predicted that leaders would not be likely to achieve more savings in the future.​

[emphasis mine]

S&P downgrades U.S. credit rating for first time - The Washington Post

:lmao:

Damn, you just can't help lying. That's quite pathological.

Did you read your own link? Even in that one it speaks of the brinkmanship.

You guys see only what you want to see...or, more likely....what Limbaugh and the boys tell you to see.
 
From Flaccid_Label's own link, too:

"The downgrade reflects our opinion that the fiscal consolidation plan
that Congress and the Administration recently agreed to falls short of
what, in our view, would be necessary to stabilize the government's
medium-term debt dynamics."


And, now another downgrade.

:thup:

Where? All i see is you parroting your bullshit in a desperate deflection attempt from the fact that the nation's credit was downgraded because the america hating GOP trash refused to stop their spending spree to the rich.
From YOUR link, moron.

Page 2, "Overview"

Damn....don't you even read your own links? :lol:

Good, you got the first part, now lets see the explanation:

"Compared with previous projections, our revised base case scenario now
assumes that the 2001 and 2003 tax cuts, due to expire by the end of 2012, (The Bush tax cuts for the rich)
remain in place. We have changed our assumption on this because the majority of Republicans in Congress continue to resist any measure that would raise revenues"


Holy fuck are you stupid, not that anyone didn't know that by now :lol::lol::lol::lol:
 
Last edited:
S&P clearly stated that the last downgrade was due to Republican obstruction to raise taxes.
Lying sack of shit is still a lying sack of shit.

It said the bipartisan agreement reached this week to find at least $2.1 trillion in budget savings “fell short” of what was necessary to tame the nation’s debt over time and predicted that leaders would not be likely to achieve more savings in the future.​

[emphasis mine]

S&P downgrades U.S. credit rating for first time - The Washington Post

:lmao:

Damn, you just can't help lying. That's quite pathological.

Did you read your own link? Even in that one it speaks of the brinkmanship.

You guys see only what you want to see...or, more likely....what Limbaugh and the boys tell you to see.
Of course it speaks of brinkmanship.

And, if you think brinkmanship can only happen with one party playing, then you're an idiot.

BOTH the Soviets AND the USA were responsible for the Cuban Missile Crisis, just as BOTH Congress and the administration are responsible for the first downgrade.

As S&P said.





Now, we have yet another downgrade that apparently is imminent.
 
The reason that the firms gave for the downgrade was not the debt....it was the infighting and obstructionism of Congress.

S&P downgrade of US credit rating sends clear message to Congress: shape up - CSMonitor.com

Correct, it’s ultimately Congress’ responsibility to address matters concerning taxes, spending, and debt; if republicans/TPM adhere blindly to rightist fiscal dogma – particularly with regard to tax increases – any subsequent downgrade will be their responsibility, just like the last time.
 
The reason that the firms gave for the downgrade was not the debt....it was the infighting and obstructionism of Congress.

S&P downgrade of US credit rating sends clear message to Congress: shape up - CSMonitor.com

Well if there was a leader in the Whitehouse rather than a name calling juvenile,( Romnesia, how 7th grade ) then Congress might have worked together.

Really? You really want to go there? Kenyanmarxistmuslimcommiesocialistamericahatingislamicapologist ring a fucking bell?

Fuck you....you assholes have been total dickheads the past four years and anytime a Dem defends him/herself....then you bawl about how divisive they are....fucking asshole.
 

Forum List

Back
Top