Skip to comments.Kerry blames the tea party for credit downgrade (The same John Kerry that was in Vietnam)
Posted on 08/07/2011 6:33:28 PM PDT by tobyhill
Sen. John Kerry on Sunday laid the blame for the recent downgrade of the nations credit rating at the feet of conservative House Republicans.
I believe this is, without question, the tea party downgrade, Mr. Kerry, Massachusetts Democrat, said on NBCs Meet the Press.
Standard & Poors rating agency on Friday dropped the U.S. credit rating from AAA to AA+, questioning the ability of leaders in Washington to deal seriously with the nations debt crisis.
(Excerpt) Read more at washingtontimes.com ...
kerry was a war hero, on a swift boar, all of a couple months?
The guys who wrote the debt are completely blameless, huh?
You mean the downgrade wasn’t because the Obama and the Dem threw 4.5 Trillion down the rat hole?
....cause there is no source better than a pompous, rich, sucked up his own rear end, liberal hack piece of garbage.....
Did he explain how Obama ‘inherited’ from Bush
a ‘AAA’ credit rating?
Was Jawn in Vietnam, I didn’t know that!
Lurch, you Idiots spent the money and Own the debt lock stock and barrel,Now chit head Report to Duty for That!!!
If we had Cap, Cut and Balance, we would have had no downgrade.
Lurch is a liar - but that is no a surprise.
The Tea Party members implored the Senate and House Republicans not to pass this debt ceiling deal.
The Senate and House Republicans passed it anyway.
S&P promptly downgraded the U.S. from AAA to AA+.
John Effing Kerry and David Alexrod promptly blamed the Tea Party.
We are now living "in interesting times."
John Kerry like Schumer, Reid, Pelosi, Obama and the rest of this administration is the world’s largest collection of flaming A’holes in the history of the the US. Go pound sand.
All the movers and shakers that lurk on FR better take that talking point... AND SCREAM IT FROM THE MOUNTAINTOPS!
I think the blame falls on the Senate for not passing sending the balanced budget amendment from the CC&B bill to the states for approval.
The Senate and House Republicans passed it anyway.
S&P promptly downgraded the U.S. from AAA to AA+.
You forgot the most important part of this timeline: OBAMA SIGNED IT!
When a president signs a bill, it's his!
Good line Rodm.
Obama: We're Not Even Halfway There Yet
The proportion of the population that has a job fell to the lowest level in 28 years: 58.1% driven by people who gave up looking for a job.
More than 25 million Americans are either unemployed, or have given up looking, or are working part time but would prefer a full-time job. That means the so-called 'under-employment' rate is 16.1 percent.
But the administration puts out that there's been 17 straight months of private sector job growth under Obama.
It's Obama's economy now, lock, stock and Obamanation barrel.
He will try to blame everyone but himself and his Progressive party, but the blame lies flat in his lap.
Zer0's entering his 'Jimmy Carter' phase, where the majority of people begin to just tune him out and realize he is a failed president who's words no longer inspire and instead create malaise and concern for the nation. Now all we need is that Plains, Georgia rabbit from 1979.
The US Treasury Department came out on August 5, 2011, with its Debt Position and Activity Report for July. The news is bleak.
With the additional $238 billion the Treasury immediately borrowed when the debt ceiling was raised on August 2, total current debt now exceeds 2010 gross domestic product (GDP) for the entire United States.
Debt as of July 31, totaled $14.342 trillion. That was made up of $9.756 trillion held by the public and $4.587 trillion the government owes itself (intergovernmental borrowing, largely from the Social Security and Medicare trust funds to the general fund). GDP in 2010 was $14.5265 trillion. With the Treasury's additional borrowings of $238 billion (the largest one-day bump in history) the total of all debt outstanding has now increased to $14.5807. That's $54.2 billion more than average 2010 U.S. GDP, the last year for which we have final estimates on GDP from the U.S. Department of Commerce.
That increase now puts the government close to the new debt limit of $14.694 trillion, It ate up 60% of the $400 billion in space Congress granted the president on Aug. 2.
Through accounting 'tricks,' Treasury held the nation under the $14.29 trillion 'ceiling' since reaching that figure on May 16, 2011, while lawmakers debated about how to add more debt and annual deficits.
The Republican House had the power to say no to upping the legal debt limit. What a bunch of traitorous scum. They handing over $2 trillion in debt with nothing in return (well, maybe fictitious cuts)... disgusting.
With the latest borrowing, the US joined a small group of red ink countries whose public debt exceeds GDP, including Japan (229 percent), Greece (152 percent), Jamaica (137 percent), Lebanon (134 percent), Italy (120 percent), Ireland (114 percent) and Iceland (103 percent), according to figures provided by the International Monetary Fund.
Barack 'Jackwagon' Hussein and his administration's next goal will be to exceed 200%!
By the time the election comes around, we will have a debt hovering at $16 trillion. And if Zer0 isn't stopped, the GDP will continue to head lower. We may well be at the 150% mark by then.
Yes Jackwagon Obama has been an outstanding Marxist president.
We have now run out of other people's money.
Happy Ramadan You Eff'n Commie
We TEA Folk only said “No More”
Democrats are taxing the not yet conceived, so they can spend it today.
That is sin, no other way to say it.
Has Kerry paid the taxes on his yacht yet? Nothing more sickening than a guy who “made” all his money by marrying rich women, never creating a private sector job in his entire life, and spending his whole political career sticking it to small business people.
I suspect that this “blame the TEA Party” will be a drumbeat meme for the election.
Lets hope there are still enough Patriots out there willing and able to turn back ObamAA+ and his minions.
The “talking point” of the day.
If I didn’t know that their intentions were to destroy this Nation, I’d merely say they were delusional.
Their convictions, however wrong, however evil, are very strong.
I plead guilty. I forgot the biggest jackass in all of this. Barack Hussein Obama.
We now know the Democrat talking points. The GOP, of course, will blame Obama and the Dem’s and nothing will get done about the debt, which is the real reason for the downgrade.
I love your ObamAA+ invention. That should become a poster or bumper sticker!!!
Kerry is an idiot. It’s the spending, stupid!
Dumb comment from the bunny suit.
The tea party doesn’t have even one seat in Congress. It isn’t even organized.
It is only an idea: “America shouldn’t spend more money than it takes in.”
I suspect that not adhering to that principle is what caused the Obama DownGrade that goes hand in glove with the Obama Downturn in the economy. (Which has, so far, lasted his entire presidency.)
And we’re not out of Afghanistan.
And we’re not out of Iraq.
And we started another war with Libya.
And we are not out of Gitmo.
And we are still getting electronic intelligence.
And we still have the Bush Tax Cuts.
And there is no hope; and there was no change.
Don't beat yourself up over it.
I'd like to forget this commie jackass too.
Kerrry has been caught lying.
Hey, Kerry, you effete twit...go to he!!.
Oh, NOW I understand. We will "get there" when the US credit rating is CCC.
`I’m just a gigolo and everywhere I go
People know the part I’m playing
Paid for every dance selling each romance
Ooh, what they’re saying’
Thank you. Thank you very much.
John Frikkin’ Kerry
The Senate and House DEBT-O-CRATS havent produced budget in over two years and this “COWARD POS” has the nerve to say its the Tea Parties fault.
Maybe if you did you job Mr Ketchuphead we could have avoided this.
You could start by paying your taxes on your damn sailboat that have stored in another state you TAX-CHEAT!
YOU ARE THE PROBLEM THE COMMON MAN IS COMPLAINING ABOUT BUT YOU ARE TOO ARROGANT, BETTER YET TOO STUPID TO REALIZE THIS.
CANT WAIT UNTIL YOU PASS LIKE YOUR UNCLE TED DID. THEN I CAN TAKE A ROAD TRIP AND CRAP ON YOUR GRAVE AND TED’S TOO. IF I CAN WAIT UNTIL HANOI JANE FONDA JOINS THE BOTH OF YOU I CAN MAKE IT A THREESOME.
YOU ARE NO WAR HERO YOU POS,YOU THREW ALL YOUR UNEARNED MEDALS INTO THE POTOMAC AS A PROTEST TO THE WAR.
YOU ARE DISGRACE TO EVERYONE WHO HAS EVER SERVED IN THE MILITARY AND DESERVE NO RESPECT FROM ANY OF US THAT DID.
Yea, before he was even President.
As someone who has done nothing in his life to earn an honest living (he only married it) I think I will just ignore the SOB!
Three months ago they were saying that the TEA Party has lost it’s power, noq they realize we are taking control away from them.......
Tereza’s cabin boy is a joke. Hide your friggin yacht in Rhode Island to avoid the taxes and holler about the rich not paying their fair share you moron.
Its no longer a shock that Satan was in Rev Wrights church, damming America.
His name should be John "Brown"...
This is like a Drunk blaming the Cop for his DWI arrest.
Folks, the Democrats are revealing their 2012 Election talking points. Be prepared for a bombardment of this in every Democrat’s re-election campaign. The 45% of the voters who always vote Democrat can be relied on to replay this in the press, on tv, in their magazines, etc. The unions, NAACP, Ivy League, NOW, Planned Parenthood, all the usual subjects will repeat this lie and the gullible will believe it.
We need to take this fight right back to them and expose them as the professional taxation parasites that they are. We need to show the rest of the public the whole money trail and how it all lands at the feet of those same special interest groups. And we should not let them place military spending in the same class. Military spending by the Feds is one of the few things the Federal compact mandates.
Defund the Dept of Ed, Dept of Energy, Dept of Commerce, Dept of Agriculture , HUD, H&HS. Combine any vital functions of Agri, HUD, H&HS with the Dept of Interior or Treasury (one of Nixon’s brilliant ideas) and eliminate excess mgmt. Simplify the tax code, reduce the Corp Income Tax and stimulate more business investment to create more tax revenue the proper way. Give small business a chance to prosper by eliminating non-compete clauses forced on laid-off employees by the multi-national conglomerates, through tort reform, and elimination of onerous EPA, OSHA, and other regulatory constraints that exist to stifle business.
Just my random thoughts.
And got his purple heart from a Toilet Paper Cut. PU___!
It’s insane and unconscionable to blame those who are (and have been for decades, in many cases) adamantly and categorically opposed to debt, deficit spending, Unconstitutional spending and Keynesian stimulus spending on the high levels of government spending and the resulting enormous Federal debt.
It’s Obama’s Downgrade. It happened while he was President, as a direct consequence of a law he gleefully signed, and in spite of intense opposition to increasing the US debt burden any further.
Creditworthiness is always downgraded only when debt levels rise, never because they fall.
Kerry can run on raising taxes on rich yacht owners.....providing they can move their yachts to a non-tax dock.
(Except, that that Carter/Obama satire was perfect. I don't even think it needs the Titanic thing. Just that image of Carter in the mirror, when he looks in it...just perfect in its simplicity. And at least this downgrade means he's gone. If nothing big happened, he'd probably have been reelected.)