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Old 08-06-2011, 05:13 PM
 
7,512 posts, read 11,317,165 times
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Quote:
Originally Posted by pommysmommy View Post
I think it takes some nerve to start a post stating that the S&P specifically blamed Republicans. That is blatant lie. This whole thread should be deleted.

Well they seem to blame republicans more. This was also reported on CNN. S&P actually supports Obama's balanced approach.
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Old 08-06-2011, 05:14 PM
 
9,855 posts, read 10,388,569 times
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Quote:
Originally Posted by Motion View Post
^
Well they seem to blame republicans more. This was also reported on CNN. S&P actually supports Obama's balanced approach.
Well your OP is still a lie, is it not?
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Old 08-06-2011, 05:16 PM
 
69,368 posts, read 63,929,437 times
Reputation: 9383
Quote:
Originally Posted by Motion View Post
Well they seem to blame republicans more. This was also reported on CNN. S&P actually supports Obama's balanced approach.
I keep reading from liberals about this phantom Obama plan, where is it so we can read it? The one that starts NOW, not a decade from now.

Comments like this is why I have very little respect for lefties anymore. You keep imagining things exist that dont. They have medication for that at the Doctors office you know.

Btw, what part of the S&P report actually says they support Obamas imaginary bill which is a balanced approach? I specifically read they are warning of more drops if CUTS are not made.
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Old 08-06-2011, 05:21 PM
 
13,675 posts, read 8,962,677 times
Reputation: 10385
It is a shame that any credence is given to S&P at all. These, after all, were the fine folks who gave such great ratings to derivatives (sic?) and other financial instruments composed of 'FFF' mortgages, just so there would be a market for them. Remember how S&P's reputation went into the toilet? Still belongs there.

Now if Moody's and Fitch (or whoever that second company is) joined in with S&P, that would be a horse of a different color.

At least, I hope the 'world' will take S&P's action with a vat of salt.
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Old 08-06-2011, 05:22 PM
 
Location: Southcentral Kansas
44,882 posts, read 33,182,345 times
Reputation: 4269
Quote:
Originally Posted by pghquest View Post
Actually they blamed the unwillingness to cut federal spending and grow revenues.

Unwilling to cut federal spending, DEMOCRATS
inflexibility to grow revenue, DEMOCRATS again, because Democrats have a one track mind.. TAX THE RICH.
Oh chit oh dear you are so very right about who the bad guys were. Of course, I can find plenty of sources that will not stick it to the Republicans. bob wouldn't like that so I will leave him in his left leaning world.
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Old 08-06-2011, 05:24 PM
 
Location: Southcentral Kansas
44,882 posts, read 33,182,345 times
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Quote:
Originally Posted by andrea3821 View Post
The voice of truth.

Boehner caved and this is what we're stuck with. I blame Boehner and the RINOs for not growing a pair but I mostly blame the Dems and our sucky prez for not having a budget in place for the last over 2 years, which left spending spinning out of control. You can say what you want about Bush and his "war-mongering" but Obama has run up an even bigger bill and in only 2.5 years. And to boot, he doesn't seem to care much, has has been evidenced by all the partying and golf outings.
Well, damn andrea a man has to build up his war chest before the election campaign begins, doesn't he? Sure he does and that is where he is right now, campaigning in hopes of another hope and change campaign.
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Old 08-06-2011, 05:25 PM
 
Location: SC
9,101 posts, read 16,412,043 times
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Quote:
Originally Posted by Motion View Post
Any truth to this? After all wasn't it republicans who refused any tax increases and acted as if default wasn't a big deal?
Tax increases wouldn't have made a difference anyway. The complaint should have been, there were NO CUTS in spending and in fact (instead) there were INCREASES.
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Old 08-06-2011, 05:26 PM
 
Location: Southcentral Kansas
44,882 posts, read 33,182,345 times
Reputation: 4269
Quote:
Originally Posted by pghquest View Post
If the GOP is to blame, its for not holding out for real cuts in spending. It seems the S&P might actually be Tea Party supporters.
You just listed the very part of that law I detested most. It was those cuts that S & P wanted to see and didn't want to see.

The Dems are managing to blame the Republicans for everything although they were the ones that didn't want any spending cuts.
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Old 08-06-2011, 05:28 PM
 
4,696 posts, read 5,802,534 times
Reputation: 4294
I would blame both Democrats and non-tea party Republicans. Dems want to keep spending. Mainstream Reps were only concerned about taxes going up, they don't care about spending and probably actually like it as much as Dems. Only the tea party wants to truly cut spending and solve our debt crisis.

The S&P blames wide disagreement between the parties but this is stupid of S&P. Let's say no tea party existed and Dems and Reps could team up to keep spending this country into oblivion and have no concern about how high the deficit became. How is this good for our credit rating? Why should that give us AAA credit?
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Old 08-06-2011, 05:29 PM
 
7,512 posts, read 11,317,165 times
Reputation: 3637
Blame seems to lean more towards the republicans.

Quote:
More than four out of five people surveyed in the New York Times/CBS Poll said the debt-ceiling debate was more about gaining political advantage than doing what is best for the country. Republicans in Congress get more of the blame for the difficulties in reaching an agreement than the Democrats, according to the poll, conducted Aug. 2-3.

S&P Action Clouds Obama Re-Election Bid - Bloomberg
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