Welcome to City-Data.com Forum!
U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > General Forums > Politics and Other Controversies
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
View Poll Results: If CCB had passed, would our Credit Rating have been cut?
Yes, it still would have. We're just in too deep. 55 36.18%
No. It would have shown we were serious about getting spending under control. 93 61.18%
I don't care, I want to keep spending like it's 1999. 4 2.63%
Voters: 152. You may not vote on this poll

Reply Start New Thread
 
Old 08-09-2011, 08:52 AM
 
Location: The Republic of Texas
78,863 posts, read 46,617,602 times
Reputation: 18521

Advertisements

Quote:
Originally Posted by enemy country View Post
You can say that to yourself all you want but the rest of the country knows the tea party caused this.Negative View Of Tea Party | Tea Party Poll | New York Times | Mediaite

Had we not raised the debt limit at all, there would have been no downgrade!

How is that for you?

It would have accomplished less spending, which is exactly what we got downgraded for. More debt, to pay debt, gets you a downgrade.
Reply With Quote Quick reply to this message

 
Old 08-09-2011, 08:53 AM
 
Location: South Carolina
8,145 posts, read 6,530,889 times
Reputation: 1754
Quote:
Originally Posted by InformedConsent View Post
I posted an AP article and an OMB data chart to support my assertions, and you got... nothing.

You're spewing unsubstantiated opinion. No one takes you seriously.
OK I guess Ill just go away then.......not, you are living in fantasy world if you think most Americans dont see this looney group for what it is.
Reply With Quote Quick reply to this message
 
Old 08-09-2011, 08:55 AM
 
10,875 posts, read 13,811,333 times
Reputation: 4896
Quote:
Originally Posted by InformedConsent View Post
The ratings downgrade is actually due to insufficient spending cuts. S&P threatens anadditional downgrade if even the meager spending cuts Obama and the Dems agreed to aren't forthcoming:TOO MUCH SPENDING is the problem.
Obama proposed 4 trillion in cuts where the right wingers refused to cut a penny of their own. The tax cuts for the rich are INSANE unneeded spending which the S&P states is one of the main problems. The tax cuts for the rich the GOP and tea party forced through added 900 billion in spending which was unpaid for, in other words we had to get loans to pay for it which the S&P thinks is not needed, which it isn't.
The democrats, HUGE cuts.
The right, a small sliver without a penny of "their" cuts.
In the end,

"We have changed our assumption on this because the majority of Republicans in Congress continue to resist any measure that would raise revenues"

The S&P has made it clear the GOP and tea party are the main problem for the downgrade no matter what you do to try and spin it.
Reply With Quote Quick reply to this message
 
Old 08-09-2011, 08:55 AM
 
Location: SF Bay Area
14,317 posts, read 22,385,663 times
Reputation: 18436
Quote:
Originally Posted by HC475 View Post
Yeah, great job tanking the economy.... Taking away hundreds of billions of dollars of wealth from the American people... You guys have outdone Al Qaeda in destroying our economy... You ought to be proud... But first you ought to be hung... We need no enemies with traitors like yourself doing all they can to destroy our country... Why do you hate America???????????????
Excellent post. The tea party sucks. Their racist agenda has no place in this society. People can see that clearly now. I owe you rep points.
Reply With Quote Quick reply to this message
 
Old 08-09-2011, 08:56 AM
 
6,484 posts, read 6,616,340 times
Reputation: 1275
Quote:
Originally Posted by HC475 View Post
Yeah, great job tanking the economy.... Taking away hundreds of billions of dollars of wealth from the American people... You guys have outdone Al Qaeda in destroying our economy... You ought to be proud... But first you ought to be hung... We need no enemies with traitors like yourself doing all they can to destroy our country... Why do you hate America???????????????
It was built on credit--it was going to fail anyway when the well dried up. Better now than later.
Reply With Quote Quick reply to this message
 
Old 08-09-2011, 08:57 AM
 
6,484 posts, read 6,616,340 times
Reputation: 1275
Quote:
Originally Posted by A_Lexus View Post
Excellent post. The tea party sucks. Their racist agenda has no place in this society. People can see that clearly now. I owe you rep points.
What have they done that is racist? Can you elaborate?
Reply With Quote Quick reply to this message
 
Old 08-09-2011, 08:57 AM
 
5,756 posts, read 3,997,659 times
Reputation: 2308
Quote:
Originally Posted by InformedConsent View Post
Hmmm... let's see... the TEA Party WANTED to make the spending cuts S&P required to avoid the downgrade, but Obama promised a veto.

The actual facts reveal that it was NOT the TEA Party who caused the downgrade. The problem lies elsewhere.
Yeah OBAMA has some ideas to help Where were these ideas the past 30 months or the gaggle of Dimos in Charge under Pelosi's leadership 60+ months ago ? They wait till the last minute and blame the new kids on the block with un-American terms for their diddle-daddling around....besides King Harry and Dictator Barry said anything brought to them was D.O.A. or a threaten VETO by this blowhard excuse making POTUS...JMO.
Reply With Quote Quick reply to this message
 
Old 08-09-2011, 08:58 AM
 
5,346 posts, read 4,046,814 times
Reputation: 545
Quote:
Originally Posted by Calvinist View Post
What have they done that is racist? Can you elaborate?
There wouldn't be a Tea Party if Obama was white...
Reply With Quote Quick reply to this message
 
Old 08-09-2011, 08:59 AM
 
Location: the very edge of the continent
89,006 posts, read 44,824,472 times
Reputation: 13709
Quote:
Originally Posted by le roi View Post
S&P stated very clearly that they didn't have a preference for cuts or revenue increases.

as usual, you're reading between the lines, trying to put words into peoples' mouths that aren't really there.
No, I'm reading the news instead of HuffPo and Daily Kos propaganda.

Again...
Quote:
The credit rating agency on Friday lowered the nation’s AAA rating for the first time since granting it in 1917. The move came less than a week after a gridlocked Congress finally agreed to spending cuts that would reduce the debt by more than $2 trillion — a tumultuous process that contributed to convulsions in financial markets. The promised cuts were not enough to satisfy S&P.

The drop in the rating by one notch to AA-plus was telegraphed as a possibility back in April. The three main credit agencies, which also include Moody’s Investor Service and Fitch, had warned during the budget fight that if Congress did not cut spending far enough, the country faced a downgrade.
S&P downgrades US credit rating from AAA - Boston.com (http://articles.boston.com/2011-08-06/business/29859269_1_credit-rating-aaa-rating-s-p-analysis - broken link)

Did you miss the three main credit agencies' warnings in April?
Reply With Quote Quick reply to this message
 
Old 08-09-2011, 08:59 AM
 
10,545 posts, read 13,585,253 times
Reputation: 2823
The Tea Party is simply the one that said "the emperor has no clothes," yet you blame them instead of the emperor (emperors) and the tailors that have been full of it for years.
Reply With Quote Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


Reply
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply
Message:


Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > General Forums > Politics and Other Controversies
Similar Threads

All times are GMT -6. The time now is 12:32 AM.

© 2005-2024, Advameg, Inc. · Please obey Forum Rules · Terms of Use and Privacy Policy · Bug Bounty

City-Data.com - Contact Us - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37 - Top