Posted on 01/14/2013 9:15:12 AM PST by originalbuckeye
Did not Moodys say they would downgrade our credit rating again if there are not significant spending cuts? Why aren't the Republicans shouting that from the rooftops?
“Why aren’t the Republicans shouting that from the rooftops?”
Because there isn’t a single man among any of the Republicans, just whiners and democrat wannabes.
The establishment types run the show and punish anyone who doesn’t go with the flow.
When you vote for a Republican, you allow the Liberals to run for office unopposed.
A downgrade means nothing if it doesn’t affect the rates.
Unbelievable !!!!
0 just said something to the effect” If congress wants to keep that responsibility, meaning spending authority, they should do as I say. Raise the debt limit.
He also, implied with the authority of a Dictator, that he would take that power away from congress.
Insane.
Who says it won’t?
And who says that another downgrade isn’t the plan from Washington?
It doesn’t matter if they were. Nobody would hear it. Fox might pick it up. Some blogs on the internet might run with it. But the media the majority of people get all of their information from remains silent. They repeat the mantra that we have a revenue problem over and over again.
Realities such as downgrades don’t matter to Obama. He’s on a roll. This is his big chance to realize his leftist ideology.
A downgrade doesn’t matter if it doesn’t affect the rates?
Seems to me that the lower the rating the higher the cost (rate) to raise money. Or we can just print like crazy, drive the dollar down down down and pay higher prices on all we buy!
It is always best to keep one’s mouth shut and not let others think you are a fool, than to open it and remove all doubt.
A downgrade doesn’t matter if it doesn’t affect the rates?
Seems to me that the lower the rating the higher the cost (rate) to raise money. Or we can just print like crazy, drive the dollar down down down and pay higher prices on all we buy!
It is always best to keep one’s mouth shut and not let others think you are a fool, than to open it and remove all doubt.
A downgrade doesn’t matter if it doesn’t affect the rates?
Seems to me that the lower the rating the higher the cost (rate) to raise money. Or we can just print like crazy, drive the dollar down down down and pay higher prices on all we buy!
It is always best to keep one’s mouth shut and not let others think you are a fool, than to open it and remove all doubt.
And besides, I recall reading someplace that the CFPA or some other Fed agency had gotten their hooks into Moody’s over some real or imagined transgressions and had “gotten their minds right”.
I did not hear that. But I did notice none of the other ratings agencies had followed Moodys lead. The Obama Admin IS good at intimidation.
Downgrades, followed by bond collapse, interest rate hikes, more business shutting down, less debt/revenues for Uncle Samantha, repudiation of debt, currency adjustments, the beast starves while gorging worthless dollars.
See? Get ready. Learn to fix something, grow food, etc.
A downgrade to the US credit rating hasn't affected Treasury rates. Have they risen to historically high rates because of our "bad rating"?
Nope, US Treasuries are practically below the rate of inflation. Relative to the rest of the world, the US is still a "safe haven". The bets now are that when the catastrophe happens we'll be the last man standing.
Remember the old saw - markets can remain irrational longer than you can remain solvent.
Glad you said that 3 times ;-)
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