US Downgraded...... AGAIN (solution, abuse, state, income)

[wxjay]

What, and after Ezra Klein on MSNBC saying that Ben has saved our economy by turning on the printing press?

[01Snake]

[Toroid]

Where's Ron Paul when we need him?

[Earlyretired]

"So how is the US going to finance its debt if those who buy it are prohibited from buying it?"

They will turn to the big pile of $$$ in IRA's and 401 K's, they will start by selling some BS "Guaranteed Annuity" that idiots will buy into...

When that doesn't work they will mandate it!!!

Ohh yea taxes are gonna go UP, way UP...

FORWARD... Makes me wanna puke just thinking about it...

[14Bricks]

At least the Egyptians got paid with our err china's money.

[emcee squared]

Originally Posted by Ferd

so in the whole history of the United States of America, our credit rating has been down graded twice. Both on Obama's watch.

Alright superlibs, blame bush!

Blame politics and greed.

[carolac]

Thank you for the link! My accountant said that our country would get completely out of debt if we would do away with Earned Income Credit. She said the fraud and abuse is astounding.

Originally Posted by HappyTexan

Moody's is waiting to see if Congress creates a budget and what Congress plans to do about the fiscal cliff on 1/2/2013.
That's what they are waiting on although they said likely they will cut our credit rating down a notch.


Moody's Likely To Cut U.S. Credit Rating If Congress Fails To Avoid 'Fiscal Cliff'

[florida.bob]

Originally Posted by Stephan_K

Hot off the press........... US Credit Rating Cut by Egan-Jones ... Again - US* Business News - CNBC

Good job again, GOP.

[floridasandy]

Originally Posted by pknopp

Romney's economic team has come out and said that Bernanke has done a great job and would deserve another term.

Is that Obama's fault also?

Both Obama and Romney are complete and total imbecile's.

romney said that he would fire bernanke.

this obama/bernanke printing spree iis obviously a move to drive oil prices up- as it takes more devalued dollars to buy oil priced in dollars.

welcome to more "nonexistent" inflation, and i am so sure that wages are going to rise to keep up with it. at least, the poor and middle class have all that gold they are sitting on to ease their pain.

oh, wait.

[floridasandy]

Originally Posted by elan

Love how they always pick fridays to do the bad stuff, thank goodness for happy hour.

every time they downgrade us, let's all take a drink.