Posted on 08/05/2011 5:51:21 PM PDT by GQuagmire
Zero is toast.
CNN International reports that massive tax increases, no social security or Medicare for those with savings and defense cuts are unavoidable. O has his victory via S&P.
Conveniently released late on a Friday night.
That is pure ignorance. The Tea Party didn’t create the debt. S & P says the debt deal didn’t go far enought in cutting the deficit. It was the Tea Party that wanted to go further. The media needs to quit spreading blatant lies! Do they think they and their families are immune from the consequences of destroying the US economy?
Tea Party has only been in office 8 months max (Jan 2011).
IF zero had a shred of decency he’d resign immediately....that is, if this isn’t actually what he wants.
His Muslim/Kenyan/Marxist/bowing/apologizing self is probably laughing.
Will make about as much difference as wiping lipstick off a pig.
I can tell you in three words why we can’t impeach Obama......President Joe Biden.
Yep. All those handouts don't fall from heaven like magic. NOTHING is "free".
Someone else becomes a slave every time another "free" penny is promised in exchange for a vote.
It's time for the U.S. to start on it's own austerity measures. The freeloaders aren't going to be happy about getting jobs of their own, though.
When Clinton left office, the debt to GDP ratio was 57%. When Bush left office (eight years later), the ratio was 69%. After 2.5 years of the Obama/Mugabe Rule the ratio is 97%.
Obama = EPIC FAIL.
The tax part is especially disturbing because inflation itself is a tax. It’s gonna get messy and sad.
“Yes we did know he was bad. Personally speaking, I honestly had no idea that it would ever get THIS bad. “
Remember you ain’t seen bottom yet. We only begun the journey.
CNN can spin until their wheels fly off, but the average American blames the President for economic troubles. Obama has some time left on the clock to cause more havoc, but it's too late for him now. He's going to pay in 2012, and so will the Democrats.
Unless we dust off John McCain and send him back in for round 2, Obama's officially a one term President, as of today.
Bite Me might be a blundering incompetent. But, at least, he isn't an anti-American Commie.
In which case, I'd say he's an upgrade...
What was I thinking! You are right. They put the stupid in the stupid party. :)
Yea, to blame the Tea Party is ridiculous. I agree with whoever said that Obama really needs to resign. But Obama ever doing the ‘right thing’ is only a pipe dream.
Which is probably why CNN is losing so many viewers. All they have left are the welfare parasites, and crazed liberals still living at home demanding more of everyone elses paycheck.
From The Hill, 4/19/2011:
‘No risk’ the US will lose its top credit rating, says Treasury’s Geithner
By Michael O’Brien - 04/19/11 10:33 AM ET
Treasury Secretary Tim Geithner said Tuesday there is “no risk” the U.S. will lose its top credit rating amid a new analysis that revised its outlook on American debt to “negative.”
Geithner took to the airwaves of financial news networks to push back against a report Monday by Standard & Poor’s that lowered its outlook on U.S. debt to “negative,” reflecting political uncertainty over whether lawmakers will reach an agreement to address long-term debt.
1. Still blaming Bush after all these years?
2. If it was not for those Bush tax cuts, this would have happen much, much sooner.
3. Rasing taxes will not work.
4. The stimulus was a JOKE.
5. Again trying to tax your way into sucessful times.
6. You forget, “your terrorist (the tea party) is our (the tea party) freedom fighters.
7. The Democrats trying to PROJECT themselves again!
They can all go eff themselves. THe 2008 banking crisis, part real and part very much contrived ala market crashes, were facilitated by the likes of Moody’s, S&P and a swooning, if not self-serving democrat cabal. They ensured 0bama’s election. And they are doing it again to get him re-elected. I will move to Phuket..and I won’t be pronouncing it Poo-ket.
Going Galt.
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