Barry's US Credit rating Down-Grade

Sounds like you think the default was a good idea.

First of all, there was never going to be a "default." Weren't a math major, were you, Dopey? There was way more money coming in than interest payments.

And second, what does that have to do with my point? Obama wouldn't agree to Republicans just like the Republicans wouldn't agree with Obama. And a stupid twat that you are you say OMG, that's the Republicans fault. Stop being such a pussy, Obama didn't cave any more than the Republicans didn't
I have a minor in math you overpaid retard. What's your idea of higher math, balancing your checkbook?

So if the republican idea of digging in their heels and saying 'no more' was such a great idea, why was it so catastrophic and why didn't they continue doing it?

I majored in math.

So how is it that you don't know that we had way more money coming in than the interest payments due so there's no way we would have defaulted unless the Obama administration and Democratic leadership decided to do it on purpose?

You're a liar. We had no reason to default
Ok, I used the wrong term. It wasn't default, it was sequestration. That better?

No, it's not sequestration either. It's just we would have to stop increasing our debt limit. Your credit card has limits, you can't spend more until you pay it down
Austerity has been a complete disaster, just like it was in Europe, and Republicans own it.
 
It was the republican forced default that cost us our credit rating downgrade you stupid fuck.
Nice opinion, but I am afraid not. (I have posted several links many times regarding this - I advise you to look them up.)

The GOP called for more spending cuts, and Obama - in his arrogance - was determined not to do anything the GOP wanted - he refused.

The bank that eventually cut the US Credit rating actually came to Obama and warned him that if he refused to agree to more spending cute - as a gesture that he was truly concerned about the quickly expanding / growing debt - it would be forced to cut the US Credit Rating. Barry refused - the budget was passed...and not long after that the Bank cut the US Credit rating:

"For the first time ever, the United States lost its perfect credit rating as Standard & Poor's reduced its U.S. long-term debt assessment from AAA to AA+ with a negative outlook.

In announcing the move late Friday, the ratings agency said a deal this week to reduce the nation's debt did not go far enough..."


S&P Downgrades US Credit Rating to AA+


"The S&P believes that we spend too much as a nation and that we don’t have the political will to stop spending. The Tea Party was formed primarily to send a message to Washington that America needs to stop spending money we don’t have.

The Tea Party won’t get the blame for the debt-rating downgrade. President Obama will get the blame and it will hurt him with the American people in the next election."


The Obama downgrade

Coincidently after that, just about every Obama administration possible paid that bank a visit, auditing and doing all they could as 'payback' to punish the bank:

"The White House’s first reaction to this news was to blame S&P itself, claiming that their math was wrong as spokesmen pointed out S&P’s past rating failures. Correcting the math didn’t correct the problem, however, and so S&P went ahead with its downgrade. Debating S&P’s credibility misses the more important point, which is there for all to see: Projected deficit spending properly raises questions about U.S. credit quality."

Why Did America Receive a Credit Rating Downgrade? - AskHeritage

Of course - Barry's 1st reaction is ALWAYS to BLAME SOMEONE ELSE!
The whole republican default debacle was brought about by their mindless obedience towards Grover Norquist. Thankfully, even brain dead republicans now seem to have forgotten about this hack but at the time, he had them in some sort of Svengali-like trance.

Why don't you show us one Budget that Obama didn't get everything he wanted.
 
Hillary only voted for it because.....

B...b...b...but Hillary only argued for it and voted for it because.... :crybaby:

Not only did Hillary vote for it, but so did 40 percent of the Democrats, and damn near all of the Republicans. They also share part of the blame. But they only voted for it because Jr. and Cheney lied.

Do you mean lies like these that Clinton and Kerry got from the CIA and told other congress critters and the general public?

“Without question, we need to disarm Saddam Hussein. He is a brutal, murderous dictator, leading an oppressive regime ... He presents a particular grievous threat because he is so consistently prone to miscalculation ... And now he is miscalculating America's response to his continued deceit and his consistent grasp for weapons of mass destruction ... So the threat of Saddam Hussein with weapons of mass destruction is real..."
- Sen. John F. Kerry (D, MA), Jan. 23. 2003 | Source

"In the four years since the inspectors left, intelligence reports show that Saddam Hussein has worked to rebuild his chemical and biological weapons stock, his missile delivery capability, and his nuclear program. He has also given aid, comfort, and sanctuary to terrorists, including al Qaeda members ... It is clear, however, that if left unchecked, Saddam Hussein will continue to increase his capacity to wage biological and chemical warfare, and will keep trying to develop nuclear weapons."
- Sen. Hillary Clinton (D, NY), Oct 10, 2002 | Source
 
Yo Easy.................did you forget the part where Jr. didn't pay for the war, just put it on the credit card?

Does that mean the deficit caused by the spending on the wars didn't add to the national debt?
No, Obama very publicly eliminated that accounting sleight of hand that the Bushies were pulling over on the nation, with their off the books "continuing resolutions" to pump more and more billions into their incompetent war.

Obama put all of that back on the books, and reflected the reality of the huge debt Bush and the Republican Congress foisted upon us.

Obama: No More War Spending Tricks

http://www.politifact.com/truth-o-m...nd-the-abuse-of-supplemental-budgets-for-war/

How the US public was defrauded by the hidden cost of the Iraq war | Michael Boyle
 
Why don't you show us one Budget that Obama didn't get everything he wanted.
Yeah, he's awesome. Only really strong presidents can do that.

Show us kid. Just one......
You're the one who is claiming Obama got everything he wanted.

Didn't think so. You're dismissed child.
What do you want me to show you? You seem very confused.

You aren't a bright fellow are you?
Does this sort of deflection usually work for you?
 
It was the republican forced default that cost us our credit rating downgrade you stupid fuck.
Nice opinion, but I am afraid not. (I have posted several links many times regarding this - I advise you to look them up.)

The GOP called for more spending cuts, and Obama - in his arrogance - was determined not to do anything the GOP wanted - he refused.

The bank that eventually cut the US Credit rating actually came to Obama and warned him that if he refused to agree to more spending cute - as a gesture that he was truly concerned about the quickly expanding / growing debt - it would be forced to cut the US Credit Rating. Barry refused - the budget was passed...and not long after that the Bank cut the US Credit rating:

"For the first time ever, the United States lost its perfect credit rating as Standard & Poor's reduced its U.S. long-term debt assessment from AAA to AA+ with a negative outlook.

In announcing the move late Friday, the ratings agency said a deal this week to reduce the nation's debt did not go far enough..."


S&P Downgrades US Credit Rating to AA+


"The S&P believes that we spend too much as a nation and that we don’t have the political will to stop spending. The Tea Party was formed primarily to send a message to Washington that America needs to stop spending money we don’t have.

The Tea Party won’t get the blame for the debt-rating downgrade. President Obama will get the blame and it will hurt him with the American people in the next election."


The Obama downgrade

Coincidently after that, just about every Obama administration possible paid that bank a visit, auditing and doing all they could as 'payback' to punish the bank:

"The White House’s first reaction to this news was to blame S&P itself, claiming that their math was wrong as spokesmen pointed out S&P’s past rating failures. Correcting the math didn’t correct the problem, however, and so S&P went ahead with its downgrade. Debating S&P’s credibility misses the more important point, which is there for all to see: Projected deficit spending properly raises questions about U.S. credit quality."

Why Did America Receive a Credit Rating Downgrade? - AskHeritage

Of course - Barry's 1st reaction is ALWAYS to BLAME SOMEONE ELSE!
The whole republican default debacle was brought about by their mindless obedience towards Grover Norquist. Thankfully, even brain dead republicans now seem to have forgotten about this hack but at the time, he had them in some sort of Svengali-like trance.

When the two sides can't agree, it's the Republicans. Grow a pair, Nancy
Sounds like you think the default was a good idea.

First of all, there was never going to be a "default." Weren't a math major, were you, Dopey? There was way more money coming in than interest payments.

And second, what does that have to do with my point? Obama wouldn't agree to Republicans just like the Republicans wouldn't agree with Obama. And a stupid twat that you are you say OMG, that's the Republicans fault. Stop being such a pussy, Obama didn't cave any more than the Republicans didn't
When you get your monthly bills, do you only pay the interest on those bills? nothing towards principal?
I am really glad you don't handle my finances.
 
So if the republican idea of digging in their heels and saying 'no more' was such a great idea, why was it so catastrophic and why didn't they continue doing it?

$7 trillion in 4 years. Obama was spending like a drunken sailor. The Republicans & the S&P said 'No Mas'! Again, both urged more spending cuts. The S&P went as far as DEMANDING them....and Obama was the one who dug in HIS heels, telling the S&P to go F* themselves......and for his troubles he secured the 1st US Credit rating downgrade.

Way to go, Barry!

:clap:
Not that I'm a huge Barry fan but when Dubya handed the US the shit sandwich of a collapsed economy and millions of people needed assistance, what would you have done?
I might not have asked Bush to approve the bailout so the money would be ready when I took office.
But that's just me. Under me, GM would have gone under.
 
So if the republican idea of digging in their heels and saying 'no more' was such a great idea, why was it so catastrophic and why didn't they continue doing it?

$7 trillion in 4 years. Obama was spending like a drunken sailor. The Republicans & the S&P said 'No Mas'! Again, both urged more spending cuts. The S&P went as far as DEMANDING them....and Obama was the one who dug in HIS heels, telling the S&P to go F* themselves......and for his troubles he secured the 1st US Credit rating downgrade.

Way to go, Barry!

:clap:
Not that I'm a huge Barry fan but when Dubya handed the US the shit sandwich of a collapsed economy and millions of people needed assistance, what would you have done?
I might not have asked Bush to approve the bailout so the money would be ready when I took office.
But that's just me. Under me, GM would have gone under.
You don't seem to realize how long it would take a system as huge as GM and all of its subcontractors and suppliers to ramp back up if it were to shut down.
 
So if the republican idea of digging in their heels and saying 'no more' was such a great idea, why was it so catastrophic and why didn't they continue doing it?

$7 trillion in 4 years. Obama was spending like a drunken sailor. The Republicans & the S&P said 'No Mas'! Again, both urged more spending cuts. The S&P went as far as DEMANDING them....and Obama was the one who dug in HIS heels, telling the S&P to go F* themselves......and for his troubles he secured the 1st US Credit rating downgrade.

Way to go, Barry!

:clap:
Not that I'm a huge Barry fan but when Dubya handed the US the shit sandwich of a collapsed economy and millions of people needed assistance, what would you have done?
I might not have asked Bush to approve the bailout so the money would be ready when I took office.
But that's just me. Under me, GM would have gone under.
You don't seem to realize how long it would take a system as huge as GM and all of its subcontractors and suppliers to ramp back up if it were to shut down.
Sure do....

They went bankrupt.....so....we all kinda know....
 
I'm a little miffed at Bush for squandering Gingrich's projected budget surplus!!!!
 
Yo Easy.................did you forget the part where Jr. didn't pay for the war, just put it on the credit card?

Does that mean the deficit caused by the spending on the wars didn't add to the national debt?
No, Obama very publicly eliminated that accounting sleight of hand that the Bushies were pulling over on the nation, with their off the books "continuing resolutions" to pump more and more billions into their incompetent war.

Obama put all of that back on the books, and reflected the reality of the huge debt Bush and the Republican Congress foisted upon us.

Obama: No More War Spending Tricks

End the abuse of supplemental budgets for war

How the US public was defrauded by the hidden cost of the Iraq war | Michael Boyle

Tell me the year that Obama did that.
“Without question, we need to disarm Saddam Hussein.
There are plenty of ways to disarm him without going to war.

Sure there are. LMFAO What should we do? Can we have your weapons, pretty please with sugar on it.
 
Barry actually violated US Bankruptcy law by invoking the Socialist practice of 'Nationalizing' GM, seizing ownership while givong part ownership to the Unions. Part of GM was sold to a foreign country, and lost a lot of Tax Payer money when they finally sold a majority of the stock.

If GM had been allowed to go through bankruptcy they could have renegotiated union contracts abd resolved some of the problems that helped them land in financial trouble to begin with them.
 
Yeah, he's awesome. Only really strong presidents can do that.

Show us kid. Just one......
You're the one who is claiming Obama got everything he wanted.

Didn't think so. You're dismissed child.
What do you want me to show you? You seem very confused.

You aren't a bright fellow are you?
Does this sort of deflection usually work for you?
  • You stated that Obama has gotten everything he wanted.
  • I replied that only a strong president could do that.
  • You went Full Retard.
 

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