Proving once again that we have been had.
The purpose of the MSM was to scare Grandma. But just think about that one minute. Grandma is a Boomer and doesn't scare easily. She joins the TEA Party.
In an Oct. 7, 2009, story for McClatchy Newspapers, reporter Steven Thomma took a stab:
The costs of the trips — borne by taxpayers — are difficult to measure, but they’re expensive. When (the president) uses the familiar blue-and-white reconfigured 747 as Air Force One, it costs $100,219 an hour to operate, according to the Air Force. And that’s just HIS plane.
There also are cargo planes, used to fly in armored limousines, helicopters, staff and other equipment, as well as the Secret Service. A single Air Force C-17 cargo jet, for example, costs $6,960 an hour, according to the Congressional Research Service.
A total of 77 other aircraft were used on one multi-country trip to Asia by former President Bill Clinton in 2000, according to the Air Force Times, including 14 C-17 Globemasters, 12 C-5 Galaxys, three C-141 Starlifters and two C-130 Hercules. ABC News at the time estimated the cost of that entire trip at $50 million.
An Air Force Times story on March 27, 2000, said Clinton’s trip to India and Pakistan “may be the most expensive such mission ever carried out by the Air Force.” The reporters said the operation required hundreds of aircraft missions. They tagged the cost of the 5-day trip at $50 million as well. That comes to $10 million per day.
"RACIST!"
There. Rational discussion is good.
What other country has a AAA rating?
So this a “Not really a downgrade”, downgrade.
All that drama and hyperbole wasted, we still got a downgrade an ZERO assurance we will not be downgraded further!
As the Whithouse is glued to the news to find out what Moody’s wants us to do!
These chaps are the masters of understatement.
Just as we can always count on China having people, the world knows it can rely on the Americans to work and earn the money that is stolen to pay or bribe whom we need.
Here’s my take on why Moody’s “relaxed” it’s position:
1. Moodys knows full well that had there been no “deal” that servicing the debt (paying our bills) would have still been possible.
2. Moodys knows full well that increasing your debt limit does not “strengthen” your ability to pay on the debt.
3. Moodys knows full well that our media organizations are biased to the communist agenda and the tax&spend mentality of our democrats in Washington.
However, here are a few things that Moodys does NOT know:
1. Moodys does not know if the tea party agenda will be successful.
2. Moodys does not know how the media would have spun the failure to reach a deal, and probably assumed the MSM would continue putting a negative spin on what really needed to be done (stop borrowing - stop spending)
3. Moodys does not know how serious republicans in the house and senate are about changing course.
4. Moodys does not know if Obama would have made good on his threat to stop writing checks, even though they know he would have had the money.
So what the hell is Moodys scared of???
Why did they threaten to downgrade, and then back off their threat?
What does Moodys see as the real threat to this nation’s ability to pay???
Answers: The media and Obama himself.
Moodys knows darn well what Obama is up to... that doesn’t matter to them, because they don’t see him winning re-election. They do however see him as the current occupant of the white house capable of destroying the credibility of the US with only a few simple pen strokes.
Moodys knows what Obama is up to so well that they KNEW he would ratchet up the stakes of a no-deal scenario by shutting down the treasury if he had to in order to force an economic disaster designed to damage the republicans politically for not raising the debt ceiling.
Moodys also knows the end game of a socialist takeover of a capitalist system... and that if the republicans in the house had held firm, it simply would have forced an early trigger of that end game.
The power of the media is severely underestimated by the average individual in this country... but it IS NOT underestimated by investment firms like Moodys and S&P.
Reality doesn’t mean JACK SQUAT when the agenda of a state controlled media outweighs the truth of a matter.
Moodys simply knows who is still running this country...
and it is NOT the republicans... yet.
That Moody’s believes that because we raised the debt ceiling (yeah, giving more credit to a government that is spending itself into insolvency is a sign of a strong credit rating) to avoid a default (of which there was no risk), proves, once again, how completely irrelevant this and other ratings agencies are.
Wasn’t it Moody’s that said Greece was fine?
Moodys has no credibility left.....details at 11....Liz?
The downgrade is only a matter of time. The US debt will then be graded like Belgium’s.
That is seriously a relief. What a mess we would be in had they lowered our rating. Thank you God. Now hopefully we won’t be in this position again.
Moody’s is scared to downgrade the US
Hey johng2066 —
Too bad you got zotted you ignorant, leftist little troll.
Here’s my reply to your private mail saying we needed to support the bill (I do hope you find this, you stupid tool):
“Silly crap and you should be ashamed of yourself.
Constitutionally, we only need to pay the service on the debt and a few other required payments.
Revenue is app. 172 billion dollars per month. Service on the debt is about 20 billion. Veterans payments and medicare and the other requirements all combined put us just over 100 billion dollars.
The only the government would have been forced to do was prioritize what non-essentials they needed to cut. They NEVER want to do that because it is a blatant admission that those “services” are not necessities.
Again, shame on you for not doing your homework and buying the leftist lie.”
You’re going to make a good little slave. Punk.
Which means it made no difference.
Oh, well.......