Quote:
Originally Posted by Riot
Wrong. I read their press release. You should, too, rather than listen to Faux News interpretations.
We were downgraded because of politics. We were downgraded as the debt ceiling was not routinely raised two months ago, as it has been 79 times before, and the Tea Party (although S & P named the Republicans) obstructed our political process so much that S & P had to jerk the GOP leash with the fake insult of the downgrade.
The debt ceiling raise is our promise to continue to pay bills we have already incurred - the Tea Party threatened we would not do that, that we would not pay back the money we'd already borrowed. The Tea Party put the full faith and credit of the United States hostage for their ridiculous political theatre. The Tea Party said not paying back our creditors and bills literally didn't matter, that there would be no consequence. What idiots! And that - the political theatre - is what caused S & P to downgrade us.
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you're and idiot with that Faux News interpretation crap. I barely watch fox.
your interpretation of why we were downgraded is only about 15% correct. You ignore the main factors.
this is a pointless debate. your opinion isnt going to change.. and you wont be changing the opinion of the 95% of people who disagree with you on this.