and America takes another one in the........
Well, I hope comrade zero and the scumbag dhims are happy, they are getting what they wanted.
Obamunism: it’s bad for America.
The financial industry supported Obama last election
Hmm, I notice the DJIA finished up 44 pts today.
It was over 140 when I checked early this morning.
Thanks Obama, you ****.
The danger to the creditworthiness of the US is not the question of raising the statutory limit on debt.
The danger is failure to control government spending and the smothering by government of the private economy.
Just unreal. People need to get off their asses and get someone else in the White House.
And don't get me started about those who sat on their hands and didn't support McCain/Palin.
The pressure is mounting today in every media outlet. The reporting is so dishonest it’s mind-blowing.It is important to remember that most of these Wall Street dudes support Obama and socialism/ crony capitalism. I take what they say with a grain of salt. So what if the markets crash...it is going to happen sooner or later when we cannot service Obama’s debt anymore no matter how high we raise the debt ceiling. It is going to happen regardless due to the worsening depression and sinking dollar. And it is sure as hell is going to happen when Obamacare goes into full effect.
and so it begins?
and America takes another one in the........ Me, too.
This is all nonsense. The best thing that could ever happen to the credit rating of the country would be for the debt limit not to be raised. It would tell the whole world that going forward, we will only be spending the money that comes in, and will not be going deeper into debt.
Look at it on an individual basis. Who is a better credit risk, a person who keeps going deeper and deeper into credit card debt, or a person who has debt, but is gradually paying it off?
America was downgraded when Obama got elected.
Who cares?! This is more of the mainstream hype. If we refused to raise the debt ceiling and began to cut spending pay down our debt we would be at the top of the ratings before long.
This could really put more pressure on Obama and the Senate Dems if the Repubs play their cards right:
Go for as many cuts as they can get- and stick the BBA in there- and pass it in the House and then amp up pressure on the “moderate” Dems in the Senate to pass it. (Most Americans won’t object to the BBA being part of it- they’ll support future restrictions on gov’t spending, and it doesn’t cut their benefits now, etc.). Obama could fold if it’s done properly, and late in the game.
If not, do a short-term extension for a smaller amount and call Obama’s bluff- let him veto it if he desires.
Is this the same Moody’s that didn’t rate Mortgage Backed Securities AAA and saw the financila crisis coming long before it hit ? /s
Day by day, we’re becoming more and more like Greece.
Thanks for not caring America. :)
Now pay your taxes, your government needs the money.
Downgraded on Obama’s watch.
Fitting.
