Standard and Poor's downgrades US to AA+

[Riot]

Originally Posted by dellinger63

The failure of the President to accept Ryan's budget plan caused the downgrade. The head of the S&P is on video stating such.

But Obama still considering us AAA is what really counts.

What bullshit. The GOP didn't even accept Ryans Budget. And the S & P guy said that on Fox News Sunday, now with an edited video making the rounds. Read the S & P published announcement statement where they jerk their Republicans leashes for being stupid and moronic about dealing with the debt crisis, and called them out by name.

And not only does Obama still consider us AAA, the market does, too - you'll notice they all rushed into US Treasuries yesterday as stocks fell.

[Clip-Clop]

Originally Posted by Riot

What bullshit. The GOP didn't even accept Ryans Budget. And the S & P guy said that on Fox News Sunday, now with an edited video making the rounds. Read the S & P published announcement statement where they jerk their Republicans leashes for being stupid and moronic about dealing with the debt crisis, and called them out by name.

And not only does Obama still consider us AAA, the market does, too - you'll notice they all rushed into US Treasuries yesterday as stocks fell.

More Kool-Aid?
No Blame at all?
You are out there all alone.

[joeydb]

Whatever Obama considers us to be, AAA, or otherwise is irrelevant.

[wiphan]

Originally Posted by Riot

What bullshit. The GOP didn't even accept Ryans Budget. And the S & P guy said that on Fox News Sunday, now with an edited video making the rounds. Read the S & P published announcement statement where they jerk their Republicans leashes for being stupid and moronic about dealing with the debt crisis, and called them out by name.

And not only does Obama still consider us AAA, the market does, too - you'll notice they all rushed into US Treasuries yesterday as stocks fell.

You need some help. You can place blame on all sides. This actually goes back to the Clinton days with the ridiculousness of him, good old Mr. Frank, Fannie, Freddie, etc. It is with GW and with Obama. It also could be with Mr. Bernancke, Mr. Greenspan and all of the actions taken by the Fed. We have been printing $, spending ridiculously and with no accountability on either side. Obama did not create the problem, but he is not willing to take the necessary steps to help fix it. The solutions are not fun and not going to be very popular. Obama could learn alot from WI and how Governor Walker albeit not popular with everyone has started to take the state in the right direction. I know you disagree with this, but the proof is starting to come out and in the next 2 years unless the dems screw it up you will see how well this can work. It is amazing how where their were deficits in WI there are now surplusses. It is happening even in Milwaukee, imagine that

[Antitrust32]

Originally Posted by wiphan

You need some help. You can place blame on all sides. This actually goes back to the Clinton days with the ridiculousness of him, good old Mr. Frank, Fannie, Freddie, etc. It is with GW and with Obama. It also could be with Mr. Bernancke, Mr. Greenspan and all of the actions taken by the Fed. We have been printing $, spending ridiculously and with no accountability on either side. Obama did not create the problem, but he is not willing to take the necessary steps to help fix it. The solutions are not fun and not going to be very popular. Obama could learn alot from WI and how Governor Walker albeit not popular with everyone has started to take the state in the right direction. I know you disagree with this, but the proof is starting to come out and in the next 2 years unless the dems screw it up you will see how well this can work. It is amazing how where their were deficits in WI there are now surplusses. It is happening even in Milwaukee, imagine that

very good and honest post

[Riot]

Originally Posted by wiphan

You need some help. You can place blame on all sides.

But certainly not equally. Sorry, but trying to blame Obama and the Dems for the S & P downgrade is beyond absurd and factually insubstantiable.

could learn alot from WI and how Governor Walker albeit not popular with everyone has started to take the state in the right direction. I know you disagree with this, but the proof is starting to come out and in the next 2 years unless the dems screw it up you will see how well this can work. It is amazing how where their were deficits in WI there are now surplusses. It is happening even in Milwaukee, imagine that

Those "surpluses" are pretty fake, and are some nifty accounting tricks - check out what Walker isn't including in his "budget".

[paulo537]

Obama Campaign 2008:

"End tax cuts for the wealthiest Americans."

"Increase cap gains and dividend tax from 15% to 20% for the wealthiest Americans."

"Restore the 36% and 39% tax brackets for the wealthiest Americans."

"Exempt seniors earning less than $50,000 from income taxation."
-----------------------------------------------------------------------------------
It's pretty ridiculous that with both houses and a new presidency, he couldn't get it done and now he blames anyone other than himself for his failure.

Hell, it took until Nov 23, 2008 less than 3 weeks after his election when Obama backtracked on repealing the tax cuts on the wealthiest Americans.

I guess it's not really a matter of not being able to get it done as much as it is Obama not even trying.

[jms62]

Originally Posted by paulo537

Obama Campaign 2008:

"End tax cuts for the wealthiest Americans."

"Increase cap gains and dividend tax from 15% to 20% for the wealthiest Americans."

"Restore the 36% and 39% tax brackets for the wealthiest Americans."

"Exempt seniors earning less than $50,000 from income taxation."
-----------------------------------------------------------------------------------
It's pretty ridiculous that with both houses and a new presidency, he couldn't get it done and now he blames anyone other than himself for his failure.

Hell, it took until Nov 23, 2008 less than 3 weeks after his election when Obama backtracked on repealing the tax cuts on the wealthiest Americans.

I guess it's not really a matter of not being able to get it done as much as it is Obama not even trying.

How about "Stop Rewarding Corporations for shipping jobs overseas". He did nothing there either.

[Riot]

It's pretty ridiculous that with both houses and a new presidency,

He had "both houses" for 90 days. For the first 2 years, he had a Republican Senate that filibustered every single effing thing, that obstructed every single appointment, at record, never-before-seen levels. And that today says their sole goal is to obstruct him and ensure he will not be re-elected.

Can you imagine the screaming if the Dems said that about a GOP President? Let alone actually did it?

No, Obama hasn't been as aggressive as I have personally wanted, but don't make it seem like he didn't get anything done against complete obstruction from the other party. He's gotten quite a bit accomplished, especially his first year.

The left calls him Bush II, and the right calls him a socialist. It's absurd.