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Reid:S&P downgrade backs Dems' call for more revenue
TheHill ^ | 08/05/11 | Jamie Klatell

Posted on 08/06/2011 8:43:43 AM PDT by Cheerio

Standard & Poor's decision to downgrade the nation's credit rating reinforces Democrats' call for increasing tax revenue, Senate Majority Leader Harry Reid (D-Nev.) said Friday.


TOPICS: Breaking News; Government
KEYWORDS: aa; aaa; aaplus; balancedapproach; credit; creditrating; cutcapbalance; debt; debtceiling; debtlimit; donothingsenate; highertaxes; rating; reid; revenues; standardpoors; taxandspend; taxes; triplea; use2aa; youcantfixstupid
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To: Cheerio

IT’S THE SPENDING, STUPID.


41 posted on 08/06/2011 9:07:01 AM PDT by Moorings
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To: Errant

the ‘progresssives’ desire a European style welfare state who have long had groups like Why Work.org.
Welcome High unemployment, high taxes, large black market as the new normal.


42 posted on 08/06/2011 9:07:52 AM PDT by griswold3 (Character is Destiny)
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To: Cheerio
Just tell him we have no problem, all those Obummer care savings will fix it.
43 posted on 08/06/2011 9:07:55 AM PDT by org.whodat (What does the Republican party stand for////??? absolutely nothing.)
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To: Cheerio

NOBODY WORRY!

ALL IS NOT LOST!

We have legislated a savior:

Faster than a subsidized bullet train! More powerful and with a loco motive! Able to heap tall buildings into a single mound. Look, up in the sky! It’s a berg! It’s a plague! No, it’s SuperCommittee! Yes, it’s SuperCommittee, strange visitors from another planet who came to Earth with powers and liabilities far beyond those of moral men.

SuperCommittee, who can change the discourse thru mighty givers, defend the steal with their Care hands, and who, disguised as Clark Spent — mild-mannered reporter for a great metropolitan newspaper — fights with never-ending prattle for truce, injustice and the anti-American way.


44 posted on 08/06/2011 9:07:57 AM PDT by BuddhaBrown (Path to enlightenment: Four right turns, then go straight until you see the Light!)
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To: Kahuna

Yup, let Harry Reid have his vote on raising taxes. The republicans will be on recorded voting against it. Let them do it. If they raise taxes and things get worse, we win!


45 posted on 08/06/2011 9:09:13 AM PDT by tsowellfan (Let's make the 2012 campaign: "The War on Error")
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To: A Cyrenian
Why do the people in Nevada keep electing this idiot?

He's got a big supporter, Donald Trump
46 posted on 08/06/2011 9:09:25 AM PDT by Son House (The Economic Boom Heard Around The World => TEA Party 2012)
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To: grobdriver

Excellent plan! I hadn’t thought of that...


47 posted on 08/06/2011 9:10:28 AM PDT by Errant
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To: meyer
More revenue, eh?

How about collecting from the tax cheats in DC-can anyone say Tim Geithner?

48 posted on 08/06/2011 9:13:32 AM PDT by clove (God, Family and Country, the truth will live!)
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To: Cheerio

“Reid:S&P downgrade backs Dems’ call for more revenue “

Explain to us what “more revenue” is?

Or is hiding behind a chickenshit way of saying higher taxes is as far as you can go?


49 posted on 08/06/2011 9:14:04 AM PDT by VanDeKoik (1 million in stimulus dollars paid for this tagline!)
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Donate and feel great



50 posted on 08/06/2011 9:15:38 AM PDT by TheOldLady (FReepmail me to get ON or OFF the ZOT LIGHTNING ping list.)
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To: Cheerio

I’m not paying you shit, Harry.

I’m done playing this game.


51 posted on 08/06/2011 9:16:19 AM PDT by chris37 (representative)
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To: Cheerio
Reid wants to give a constipated US economy kaopectate.
52 posted on 08/06/2011 9:17:41 AM PDT by Happy Rain ("11/4/2008: The day America elected a pyromaniac in the middle of a fire storm.")
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To: griswold3
The problem with their plan is that we're already broke and no one wants to loan us anymore money. So now we're putting the final nail into our coffin by printing money out of thin air and borrowing from ourselves which is destroying the value of our currency (or should I say the value of Federal Notes issued by a private entity).
53 posted on 08/06/2011 9:19:07 AM PDT by Errant
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To: Cheerio
Democrats' call for increasing tax revenue,

Raising taxes will make the current slowdown even worse.But libtards don't care about that. Because of their resentment against achievement, they only care about punishing the rich.

54 posted on 08/06/2011 9:21:21 AM PDT by mjp ((pro-{God, reality, reason, egoism, individualism, natural rights, limited government, capitalism}))
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To: grobdriver
> 100% of my salary into the tax-deferred 401K account

Better to put it under your mattress. Or in a hole in the backyard. Libs are coming after the 401k's next, don't doubt it. And Boehner will find a way to agree with "the best deal we could get."

55 posted on 08/06/2011 9:22:33 AM PDT by NewJerseyJoe (Rat mantra: "Facts are meaningless! You can use facts to prove anything that's even remotely true!")
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To: mjp
they only care about punishing the rich.

I think that they want to also punish anyone who gets in there way.

56 posted on 08/06/2011 9:23:11 AM PDT by clove (God, Family and Country, the truth will live!)
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To: BuddhaBrown
Very nice!

This "DC" analogy may hold as well...


57 posted on 08/06/2011 9:23:54 AM PDT by mikrofon (BizarrO)
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To: Cheerio

Umm. No, Mr. Greid, It’s less spending...


58 posted on 08/06/2011 9:25:29 AM PDT by lahargis
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To: chris37

If Obama raises taxes there will be a tax revolt I will mail a tea bag to the IRS and WH.

How can you pay taxes when you don’t have a job? If the dems keep this up people won’t be able to afford a tea bag to send.They want us broke and dependent on welfare and food stamps.


59 posted on 08/06/2011 9:29:21 AM PDT by Dubya-M-DeesWent2SyriaStupid! (It is possible to both promote Palin and support Bachmann at the same time, ya know.)
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To: Cheerio
Standard & Poor's decision to downgrade the nation's credit rating reinforces Democrats' call for increasing tax revenue

Harry Reid, saying the economy is not dead enough, and we need to kill it more.

How is it possible for anybody with any kind of thinking skill at all to believe that, raising taxes is the answer to everything. Raising taxes is the complete opposite of what's needed. Raising taxes will eventually reduce the amount of tax revenue coming in to the government.
60 posted on 08/06/2011 9:32:36 AM PDT by adorno
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