Standard and Poor's downgrades US to AA+

[Antitrust32]

Originally Posted by Riot

What complete nonsense. Get a grip on reality. The Tea Party alone caused the downgrade, and they, and the Republican House that couldn't control them, own it.

this is so ridiculous it makes me question your sanity.

sure, the tea party had a helping hand, but they were FAR from alone in causing it.

Obama and the dems own it as much as the tea partiers do. And the american people know that.

[Antitrust32]

do you really think we would not have been downgraded had the congress just raised the debt ceiling two months ago and done nothing else (spending cuts)?

You must not be listening to S&P. the political postering surely didnt help the situation, but its the out of control spending that caused this downgrade. Both Parties are to blame for that, and actually, the tea party might be the only ones you cant blame for the spending.

you giving the dems a free pass on this is so illogical.

[Riot]

Originally Posted by Antitrust32

do you really think we would not have been downgraded had the congress just raised the debt ceiling two months ago and done nothing else (spending cuts)?

You must not be listening to S&P.

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.

[Antitrust32]

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.

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.

[Riot]

Originally Posted by Antitrust32

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.

No, I am going from the S & P press release. We were downgraded due to political intransigence. Who did that? The Tea Party. S & P's even blamed the GOP. Why don't you google it and read it?

You're right - facts don't matter to some folks, when forming their opinions.

[jms62]

So much time spent affixing blame and so little time on fixing the problem by congress. So much arguing on this thread that not many of you realize that you are getting DP'd.

[Riot]

Originally Posted by jms62

So much time spent affixing blame and so little time on fixing the problem by congress. So much arguing on this thread that not many of you realize that you are getting DP'd.

Oh, no, we've been getting it for the past 12 years, and nobody (including the Dems) are actively doing anything about it. And yes, Clinton started plenty of deregulation.

This congress won't do crap. They are already the second-most do nothing congress in our recent history. A political party publicly stating that their elected legislative duties are only to make sure the President of the United States fails? While this country and it's citizens need help? Eric Cantor just this past weekend saying joblessness is the most important thing, but no, he sees no reason at all to extend jobless benefits? Zero jobs bills presented by the House since they were elected? Zero? Nothing except deliberately removing societal safety backups for those in poverty or unemployed? Harming the very citizens that elected them?

Un-effing-believable.

I'm not a Democratic, but anybody saying that the two current incarnations of our political parties are the same, no difference, isn't very objective.

[Riot]

Originally Posted by Antitrust32

sure, the tea party had a helping hand, but they were FAR from alone in causing it.
.

Baloney. Boehner and Obama compromised with $4 trillion and tax increases through loophole cutting (exactly what S & P's, Moody's, etc. wanted, because they talked to the President), and the Tea Party congressional Republicans nixed it.

Who held the good faith and credit of the US hostage by refusing to raise the debt ceiling? The Tea Party and the GOP.

Who created two months of drama over a routine raise of the debt ceiling? The Tea Party and the GOP.

And you question my sanity? Look at reality. No - Obama and the Dems didn't do any of that - they compromised while the GOP gave up nothing and brought this country to the brink of disaster. And the American people know that.

Name one thing the Dems or Obama did to obstruct raising the debt ceiling? You can't. It doesn't exist.

[Antitrust32]

who spend the original 14.2 trillion? you know, the thing that got us in this mess.

Answer: a mixture of GW and Obama policies.

they both fail and all of them in Washington caused this.

You are pretty much the only person I've read/heard that lets the Dems off the hook.

[Antitrust32]

Originally Posted by Riot

Name one thing the Dems or Obama did to obstruct raising the debt ceiling? You can't. It doesn't exist.

they shot down a handful of bills themselves. I'm not saying they were great bills but prob better than what was passed. and the Dems refuse to address reforming entitlements. thats a huge obstruction right there.

to believe the dems had nothing to do with the credit downgrade is batshit crazy.

[Riot]

Originally Posted by Antitrust32

they shot down a handful of bills themselves. I'm not saying they were great bills but prob better than what was passed. and the Dems refuse to address reforming entitlements. thats a huge obstruction right there.
.

Really? "A handful"? Which ones? Name them. You can't, it doesn't exist.

There were three "deal", and the Tea Party nixed them all. Only a few TP crossed over and voted for the ones that passed. Not the Dems. And the Dems agreed, although they didn't want to, to entitlement reforms. The Dems compromised, the old politician GOP compromised, the Tea Party is a bunch of idiotic, financial fools hell bent upon destroying this country to demagogue their ridiculous ideals.

Sorry - this is a completely false argument. Blaming the Dems for the Tea Party craziness is factually wrong.