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US Long-Term Rating Lowered To 'AA+' Due To Political Risks, Rising Debt Burden; Outlook Negative
Standard & Poor's ^ | August 5 2011 | S & P

Posted on 08/05/2011 6:52:37 PM PDT by NoLibZone

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To: redgolum; All
We wouldn't be here today if Obama hadn't exploded spending beyond all prior administrations.

We might not be here even now if Harry's Hooligans Senate and White House hadn't refused to accept “Cut, Cap & Balance” — passed under Boehner with bipartisan support.

121 posted on 08/05/2011 9:33:37 PM PDT by newzjunkey (Get behind ONE "Balanced Budget Amendment" (BBA))
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To: Minn
Until people realize that, other than limited industrial applications, gold does little other than sit there, and the fact people are hoarding it doesn't change that.

-——————————>

Couldn’t have said it better.

Now we will wait to see how many people have been scammed by the gold peddlers hawking coins, bars and jewelery.

122 posted on 08/05/2011 9:34:33 PM PDT by not2worry (A credible message needs a credible messenger because charisma without character is catastrophe.)
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To: Rembrandt

“the real test of this is gunna be Monday morning, if you can afford bead, buy it..”

Maybe I will but how big is a bead, what does a bead cost and what does one do with a bead?

-———————————>

I was wondering the same thing too........then I figured the poster like all of us was so angry that may it was bread we should buy.


123 posted on 08/05/2011 9:41:09 PM PDT by not2worry (A credible message needs a credible messenger because charisma without character is catastrophe.)
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To: RichardW

ALL of the political leadership should resign in disgrace!


124 posted on 08/05/2011 11:58:17 PM PDT by fortheDeclaration (When the wicked beareth rule, the people mourn (Pr.29:2))
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To: redgolum

Yeah Idiot,Bush was Spending 1.6 billion a day during his Presidency and Obama in 2 and a Half Years is Spending 4.6 billion a Day, That really compares Moron. Bush or any other president Didnt wash a Trillion dollars down the toilet and NOBODY KNOWS Where it went. Now he wants Trillions More for the same Roads we just supposedly spent a trillion on. Obamacare going to add trillions more,Im still waiting for my 2500 dollar reduction in my Health care Premium,I received my renewal letter the other day and it stated because of the Change in Health care laws my premium this year is INCREASING two thousand Dollars. I sent a Copy to Obama,because maybe he will call them and let them know they made a Mistake in their addition,sort of Like S&P on lowering our Credit rating,Obama says they Made a 2 trillion dollar mistake in addition,Must have used the same Calculator


125 posted on 08/06/2011 5:27:23 AM PDT by ballplayer
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To: ballplayer

All presidents spent more than they should since World War I. All. We HAVE to be honest about that.

The fact that Obambi was the straw that broke the back of the camel is significant, but all the other debt came from somewhere. We have been living outside our means for some time now, and can not afford to pretend it has only been the last two and a half years. We were spending to much for decades.


126 posted on 08/06/2011 6:13:48 AM PDT by redgolum ("God is dead" -- Nietzsche. "Nietzsche is dead" -- God.)
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To: Rembrandt

perhaps you can be mt prof eader sumday


127 posted on 08/06/2011 8:31:53 AM PDT by WorkerbeeCitizen (I STAND WITH ISRAEL!)
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To: redgolum

Agreed,and also the Fact that Both Parties have been preying on the Ignorance of the American People when it comes to Baseline Budgeting. There are NO CUTS and have not been since I have been alive,and I am 61. There are automatic INCREASES every year and the the so called Cuts are just REDUCTIONS in the rate of INCREASE. I would love to see a Poll that asks the question as to How many Americans Understand that. We ahve been sold a Bill of goods For decades and here we are . God Help Us all


128 posted on 08/06/2011 3:18:45 PM PDT by ballplayer
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To: WorkerbeeCitizen

“perhaps you can be mt prof eader sumday”

Perhaps you can figure out where the original, misspelled comment came from some day, not likely I know.


129 posted on 08/06/2011 8:58:59 PM PDT by Rembrandt (.. AND the donkey you rode in on.)
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