Posted on 08/05/2011 5:51:56 PM PDT by NormsRevenge
I guess the Tea Party is the new “Bush”. Everything up to the election will be their fault.
I read your link twice and I still can’t figure out what they are trying to say. is j&p reconsidering the AAA rating or are they reconsidering the AA+ rating?
Sure worked when he wanted to increase the cumulative debt of the United States, along with the Democrats.
The tea party were the only adults in the room wanting deep cuts in spending.
Another “Historic” first for this president.
and another piece of news slipped in on a Friday night
Zimbabwe
Oh, now. Geithner went to the Right Schools.
Even the Post Office is going belly up.
there are 17 nations with AAA ratings. one ratings agency has downgraded the US to AA+. There are 3 ratings agencies.
“We have mental midgets running this place!
Oh, now. Geithner went to the Right Schools.”
LMAO, we found the problem.
Methinks Monday will be a bear. Is the sky falling yet?
I take it that this is old news that BBerg drones are recycling. The "Non-Stop News" feature of their website does that. It can be very confusing when events are moving fast, as, uh, they seem to be here on this hot August night.
Now, what are the homosexual, “we are not in the 1800’s” cool aid liberal drinking preachers are going to say, calling us all by the N word because we are so evil, christian, right wing, Tparty backward, antiprogressist, Obama hating, terrorists” going to say.
Yeah, I know the answer, I know these types of people. They will say: hang yourselves, we should all hang ourselves in shame.
Watch them. We are listening to drunks who are persuading America to let them and their government union fat slobs drive the car.
It means that EVERYTHING that Obama wanted in the “debt ceiling” deal, he got - even though the Democrats keep moaning and groaning that they had to give up too much. They gave up NOTHING. Just in one day (as Rush explained today) Treasury has borrowed a huge chunk out of the debt ceiling agreement, about a third of all the “savings” that are supposed to be enacted over a TEN YEAR period (a crock that!). At that rate, the new “debt ceiling” will be reached in no time. Obama is like a kid in a candy store with his dad’s credit card and on a hyper sugar high.
It means we get to spend another 70 billion a year in additional interest payments on the debt as our cost to borrow will increase by about 1/2% because of the lower rating on our US treasury bonds. I am waiting to see how Obama spins this additional spending on our debt service as a jobs creator.
Anyway, it’s a funny kind of irony. Remember how much heat those bozos in congress gave these guys for “selling ratings” on structureds? They demanded that they toe the line on ratings and, uhhh, apparently they are. God bless you, S&P. That took some backbone. Probably long overdue.
Oh. . and I forgot, we just HAD to raise the debt ceiling so that we would keep our AAA credit rating. - You see how that went. I’m sick of being lied to.
Wonder who they are....
So called optimists are in fact cool aid drinkers at the bottom. Doom and gloom is not for patriots, of course, but there is a difference between true people of character/vision and blind optimist fools on welfare.
Raise postage rates, reorganize, streamline and improve efficiency.
Really sad to see people (good people) lose their jobs, though. But it isn't fair to the taxpayers... who have had their benefits slashed, lost their jobs, etc.
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