Investors lose a trillion dollars in one day

[Riot]

Originally Posted by joeydb

That's today. Wait until our creditors do cut us off and then there is no way to pay the "unfunded mandates" (what an oxymoron).

Baloney. You are not entitled to make up crap out of thin air. Facts matter.

First: we have no trouble paying our bills, We have no anticipation of trouble paying our bills in the future.

Plenty of countries have a worse debt to GDP ratio than we do (and have retained their AAA rating - oh, and all remaining current AAA rated countries have national health care, btw)

The only reason our creditors would cut us off is if the Tea Party got it's way, and we agreed to not pay our bills by not raising the debt ceiling. That nonsensical temper tantrum by the Tea Party is what caused S & P to downgrade us. It's not the financial facts (S & P was off by $2 trillion on our debt! Treasury correct them and they still downrated us, which is bs) - S & P downrated us because the Republican party is acting like irresponsible idiots.

That's apparently what the liberal Democrats want since they won't agree to cut spending - and taxes are already way too high.

More baloney.

Facts: the Democrats cut spending in every single deal on the table during the debt negotiations, it is the GOP Tea Party faction that refused the deals for $4 trillion, making us take the lesser deal for $2 trillion.

And your taxes have literally never been lower, and Obama has helped lower them.

Stop repeating the false right-wing lies. It's beyond absurd.