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Ending the wars in Iraq and eventually in Afghanistan is a big start. We won't see the results until next year, but it's going to be a substantive help.
Oh ... but you are so wrong. Pulling out of Iraq and Afghanistan coupled with the regime changes to radical Muslim groups in Libya, Egypt and several other countries ... will lead to World War III. The next shoe to drop is Israel being attacked from all sides.
Ending the wars in Iraq and eventually in Afghanistan is a big start. We won't see the results until next year, but it's going to be a substantive help.
I agree... and the below have nothing to do with the OP but an inspired thought by the post (so as not to offend)...
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Oh yeah... just like NASA...
And next, Russians paying the broke US military to learn its latest technology and secrets.
Biggg Help from the *Loyal* Obama Administration as a way to cut USA's debt (or an excuse to sell-out)!
USA is weaker without spending more on its military of course... they can save a bunch more spending by sending the soldiers home... adding to more of the jobless lines.
US was the way it "was" (before that fall from glory & its many downgrades) due to its military & economic might... With this leadership... the economic & the military is "Cut", **BROKE** just as intended I guess by all the (insiders/betrayers/ non-loyalist/un-nationalistic) USA haters within this country.
In order for the other country to respect USA...
USA's own people has to respect its OWN country FIRST!!!
USA's OWN president has to be LOYAL & be good to its OWN country & its people FIRST!!!
And that includes keeping the economy & its military strong!!!
(Reuters) - The United States will likely suffer the loss of its triple-A credit rating from another major rating agency by the end of this year due to concerns over the deficit, Bank of America Merrill Lynch forecasts.
Not the deficit, revenues. Your revenues are declining. Obama has guaranteed a Social Security Crisis which will exasperate debt problems.
You're leaving Iraq and drawing down in Afghanistan. That will cost you about 500,000 jobs. You'll see a slight rise or no decrease in unemployment claims filed weekly starting 2 weeks from now and continuing for the next 6 months or so as contracts wind down. In this area, there's about 2,000 jobs tied to Iraq/Afghanistan (MREs, up-armored HMMVs and medical) that are mostly temporary workers, but I'm sure a few full-time non-temporary employees will lose their jobs as well.
You were supposed to collect $2.17 TRILLION in revenues. You didn't make it and I don't know had bad it really is yet, but that will add to your deficit/debt woes.
Quote:
Originally Posted by chickenfriedbananas
The banks are full of sh*t. This is just their way of saying "If you regulate us, we'll use our credit ratings system to hold a knife to the throat of the American economy"
People are beginning to see through this, and they're fed up with it.
You don't have much of a future and you can't keep spending $1.5 TRILLION that you don't have every year. As soon as you realize there's no such thing as OPM (Other People's Money) you'll be a lot better off.
Quote:
Originally Posted by HappyTexan
We want to beat Greece to default. They just got downgraded to CC I believe.
Sucks for them.
Quote:
Originally Posted by whatyousay
Oh, right! I guess he's going for the trifecta and is hoping for 3 downgrades instead of just 2?
I don't know. Maybe. Trying to crunch numbers with all of the stupidity in the Obama Administration is a daunting task.
So, what's Obama doing to avoid yet another credit downgrade?
We wouldn't be in this spot if the tea party didn't shoot down the Obama/Boehner grand bargain.
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