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Old 08-06-2011, 09:13 PM
 
Location: Austin
30,904 posts, read 18,990,953 times
Reputation: 8981

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Every president has a legacy. 50 Years from now, this is how Obama's will be remembered (along with his world record deficits).

S&P downgrades U.S. credit rating for first time

S&P downgrades U.S. credit rating for first time - The Washington Post
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Old 08-06-2011, 09:15 PM
 
39,665 posts, read 21,692,073 times
Reputation: 19942
Even George Bush is blushing.
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Old 08-06-2011, 09:16 PM
 
Location: Southern Willamette Valley, Oregon
9,729 posts, read 9,523,766 times
Reputation: 16860
Quote:
Originally Posted by Roadking2003 View Post
Every president has a legacy. 50 Years from now, this is how Obama's will be remembered (along with his world record deficits).

S&P downgrades U.S. credit rating for first time

S&P downgrades U.S. credit rating for first time - The Washington Post
If that's the main thing he'll be remembered for, he should consider himself fortunate! The list could be endless, especially if he gets another 4 years to play house in the Oval Office.
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Old 08-06-2011, 09:17 PM
 
Location: St. Joseph Area
6,236 posts, read 9,019,912 times
Reputation: 3124
Quote:
Originally Posted by Roadking2003 View Post
Every president has a legacy. 50 Years from now, this is how Obama's will be remembered (along with his world record deficits).

S&P downgrades U.S. credit rating for first time

S&P downgrades U.S. credit rating for first time - The Washington Post
Too early to say what any president's legacy will be until after he leaves office, and even then it may take a while to accurately sum it up.
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Old 08-07-2011, 01:44 AM
 
Location: Portland, OR
9,793 posts, read 11,006,088 times
Reputation: 9718
Quote:
Originally Posted by ditchlights View Post
If that's the main thing he'll be remembered for, he should consider himself fortunate! The list could be endless, especially if he gets another 4 years to play house in the Oval Office.
What?! You did not just say that in open forum! You guys kill me. Why on earth would a President as awful as Obama get another term?? Why?
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Old 08-07-2011, 01:59 AM
 
Location: Pluto's Home Town
9,986 posts, read 12,840,801 times
Reputation: 5676
The downgrade has the stink of the Tea Party all over it. They forced the game of Russian Roulette, and that is why we were downgraded. Typical that after they took everyone hostage and lit the building on fire they would try to pin it on Obama.
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Old 08-07-2011, 02:25 AM
 
4,693 posts, read 5,322,736 times
Reputation: 4239
Quote:
Originally Posted by Fiddlehead View Post
The downgrade has the stink of the Tea Party all over it. They forced the game of Russian Roulette, and that is why we were downgraded. Typical that after they took everyone hostage and lit the building on fire they would try to pin it on Obama.

But the tea party got nothing out of the deal. They lost. If the tea party had any influence we wouldn't have raised the ebt ceiling in the first place. Instead Democrats and "moderate" Republicans worked together side by side (while both blasting the tea party) got the deal done, raised our debt by a record amount with no real spending cuts. It was business as usual. Nothing in the deal takes any genuine steps in solving out debt crisis. The tea party are the only ones who should not be blamed.
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Old 08-07-2011, 02:33 AM
 
Location: Chicagoland
4,028 posts, read 6,856,902 times
Reputation: 1323
Quote:
Originally Posted by Fiddlehead View Post
The downgrade has the stink of the Tea Party all over it. They forced the game of Russian Roulette, and that is why we were downgraded. Typical that after they took everyone hostage and lit the building on fire they would try to pin it on Obama.
You had Boehner squealing about compromise when Obama was giving him so much, and he then walks out of the negotiations! It's the Republicans in congress' fault.
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Old 08-07-2011, 02:38 AM
 
2,127 posts, read 1,832,372 times
Reputation: 1010
Quote:
Originally Posted by Jay F View Post
But the tea party got nothing out of the deal. They lost. If the tea party had any influence we wouldn't have raised the ebt ceiling in the first place. Instead Democrats and "moderate" Republicans worked together side by side (while both blasting the tea party) got the deal done, raised our debt by a record amount with no real spending cuts. It was business as usual. Nothing in the deal takes any genuine steps in solving out debt crisis. The tea party are the only ones who should not be blamed.
I think this is incorrect; if the Tea Party didn't have an influence, the debt ceiling wouldn't have been used for leverage the way that it was. They didn't get their way, but they (and the politicians they put into office) certainly contributed to the drawn out struggle which played a significant role in S&P's criticism of our political instability.
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Old 08-07-2011, 03:24 AM
 
Location: Fort Worthless, Texastan
446 posts, read 613,059 times
Reputation: 425
Quote:
Originally Posted by Fiddlehead View Post
The downgrade has the stink of the Tea Party all over it. They forced the game of Russian Roulette, and that is why we were downgraded. Typical that after they took everyone hostage and lit the building on fire they would try to pin it on Obama.
Ding ding! There are many people to blame for this downgrade, and President Obama and (most) of the Democrats are not included in that blame.
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