Posted on 02/09/2018 9:03:44 AM PST by SeekAndFind
The “Misery Index”, “Stagflation”, around the block gas lines during the oil embargo, Iran embassy fiasco (along with the failed “rescue attempt”), the windfall profits tax. So many memories of Jimmah Cahtah’s time in office.
This is a natural result of interest rates being too low for too long. No administration wants to be the bogey man blamed for rising rates and the past several administrations set the stage for this to occur in Trump’s first term. He’ll deal with it. For those who like debt instrument investments, chops-licking may be occurring.
Moody’s got downgraded in 2008 to lyin sacks of shiite
If you don’t think that Moody’s didn’t opine this for PAY, then I got a bridge to sell you...
Moody’s is totally corrupt.
Only 1 president and 9 years too late.....
> there’s no way in hell the U.S. government should have been considered a default risk <
True enough. The U.S. government will never default. But what’s the alternative to a default? They will never rein in spending. So the only alternative is to - eventually - crank up the printing presses. Pay back those loans with devalued money.
So yeah, I’d downgrade U.S. credit on that basis alone.
Are you suggesting that a U.S. treasury bill is closer to Bitcoin today than it was yesterday in terms of default risk? Hardly.
Right now everything is rather stable. Offer me a 10 year Treasury bond at 4%, and I’ll think about it. Because that 4% is a safe 4%, and it will keep me ahead of inflation.
But how long can that stability last? Every year the U.S. government adds more and more to its debt. Eventually something has got to give. Not this year or next, but eventually.
I’d downgrade a company that was in such a position. It wouldn’t be much of a downgrade. But it would be a downgrade.
8 years of massive debt from a demo_rat President and not a word from Moody’s. Now, with a Republican as the President, they talk of downgrading.
Horrible people, those liberals.
JoMa
Most deep state.
>
“rising entitlement costs”
Easily corrected by means testing:
Keep the tax rates the same (credit side) but only pay one person $20 a year (debit side).
>
Dog squeeze! Means testing = ‘not even the common decency of a reach-around’.
Easily corrected by terminating the unlawful, illegal, unconstitutional Ponzi schemes.
For a supposed (C) forum, peeps sure do love ‘em some Socialism.
It should with this irresponsible budget.
you may be right; I thought it was Moody’s.
He dumped Moody’s in 2007, right before the boom.
We need a massive cut in spending as well. 85% of the federal government needs to be eliminated ASAP.
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But we DO NOT NEED A CUT in Military Spending!!!!
What do you think Trump has been putting in place with the elimination of rules and regulations that were choking our economy?
Donald Trump is going to see that the American People GET WHAT WE PAY FOR!!! Just because the caps are lifted doesn’tmean it has to be spent. Lifting the cap on military spending was worth whatever it cost!!! Rand Paul and all his little anti-military cohorts need to disappear!!!
Blah blah blah.
The deep staters are EVERYWHERE.
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I agree! They have forgotten all the “EXPERTS” saying it was 99% sure Donald Trump would NOT win!!! The faint of hert need to shut up, sit down, and watch!
I remember all the experts who said it was impossible to fly a bomber off the deck of a carrier. Doolittle made them eat their words.
Fake.
8 yrs of zero interest and printing $$$?
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