Down another 400, thanks Tea Party!

LOL genius. Our government has to barrow money because traitors 100 years ago gave the power of the money supply to a private entity. China can just print their way out of debt, because they weren't as foolish.

 

I wish I had a dollar for every time you spouted that vacuous pap. I'd have our debt problem solved tomorrow...

 

Gold fish understand more about monetary policy than you two, apparently.

If the government just printed money, there would be NO debt. High inflation but no debt.

We have low inflation and high debt. Why? The federal government borrows money to pay deficits (i.e., issues T-bills)

Are you **********s really this ignorant of how our system works or are you just pretending because you're getting owned on this thread?

 

You've been owned: debt is the result of borrowing not printing money.

You look so foolish.


Keep up with the Bagger Memes. They are perfect.

 

Who added 700 Billion dollars with stimulus money?

Who spent hundreds of Billions of dollars with the QEs?

Who said that if we didn't spend the porkulus bill that our unemployment would increase above 8 percent?

I guess Bush did all these things and I guess you've been living under a rock the past 3 years, eh?

 

I suggest you take an accounting course.

And blaming Obama for the credit downgrade is like blaming your lung cancer on your bad eating habits when you're a chain smoker.

 

I'm not in the tea party. But I know enough to say out loud that a government that doesn't have its own central bank, doesn't practice protectionism and uses its military for the benefit of global corporations is a federal government that no longer needs to exist. Period.

 

Who had to add it because Bush left the economy in the tank?

What? QEs doen't cause debt. Just the opposite.

Are you talking about the Bush tax cuts for the rich. Yeah, that worked out real well.

Now, who started two unfunded war costing $3T,, spent $800B on the bank bailout and left the economy in a shambles so revenues dropped.

HINT: BUSH.

 

Its my understanding 66 tea party rep voted no on the deficit increase but then again 95 democracy also voted no to it as well so maybe libs should focus the blame on their own?

YES: 95 Democrats and 174 Republicans
NO: 95 Democrats and 66 Republicans

 

So, you think when discussing the US' credit rating a graph of the interest rate on the 10 year bond is a "random graph." I'm sorry. It appears I'm in need of some education. Would you be kind enough to tell us how the market indicates its view of the credit worthiness of a debtor.

 

"D - Baggers" = Democrat Baggers... I suppose if they are so infatuated with having testicles crammed into their faces that it is an appropriate reference.

The "blame the TEA Party" line is so ridiculous on its face it is amazing that the Liberals can say it without realizing how stupid they sound.

The TEA Party represents 5% of the U.S. Congress. Are the liberals claiming that 5% is that powerful? Are they saying that the Democrats are that powerless against the TEA Party? Is Barack Obama that destroyed by the TEA Party representatives?

Let's continue to look at reality.

THE TEA PARTY DID NOT GET WANT IT WANTED.

The Democrats and establishment Republicans got what they wanted. They got the largest debt ceiling increase in U.S. history. They got the trajectory to make the U.S. Debt = $24,000,000,000,000 within a decade's time.

The reaction by the markets was due to the total failure of the powers that be... Democrats (White House / Senate) and the establishment Republicans (House of Representatives) to adequately cut the debt. These parasites did not even make any real cuts... all they did was REDUCE THE INCREASE and for that we got the Democrats screaming bloody murder. These parasites will suck every drop of blood out of the economy they can seize and if you dare to try and stop them they go nuts.

Liberals... your FREE RIDE is over! It is time for you to contribute to the U.S.A. We can no longer liver on 50% of the population supporting the other 50%.

At the end of the day, we all know who is to blame since we are pointing fingers, let's at least acknowledge the culprit.



Barack Obama - "Debt Man Walking"

 

Whether this is right or wrong, doesn't change the fact that the local **********s think the government's in debt because it printed money. Exactly the opposite of what happened.

It's like their memes run faster than their mouths.

 

I think you misunderstand the Tea Party.

We will get inflation because of printing too much money.

You can't create wealth with a printing press.

 

Wow. You *******s really are stupid. I'm not even backing the Tea Party and I know that this quote is wrong. Do us a favor, do some research before you post next time so you don't sound like an ignorant idiot.

 

Yeah because it's much more logical to blame it on the Tea Party. That would be like blaming your lung cancer on your dogs bad breath.

 

No, here's what it looks like:

My take on mortgaged backed securities? Put the straw away, statist.

 

This is supposed to mean something, I guess, but it appears two many memes have gotten in the way.

In any case, here's a concept: government printing money doesn't cause debt. It may cause inflation. But not debt.

Debt is caused (que mirabile) by borrowing. And nothing else.

So get your memes straight before using them. You're falling all over them.

 

Have you read S&P's reasoning for it? Inability to increase revenue was mentioned several times.

 

Hey obama, you can't blame this one George W Bush....he left office with a AAA credit rating!!

 

It's what the Obama faithful having been waiting to say since the realized that the economy was not going to get better and they needed to find a scapegoat to shift the blame from Obama.

 

Poor conservatard: didn't bother to read what S&P wrote.

Subliteracy: it fuels the Tea Party.

 

Tell S&P that. They lowered the rating based on two causes:

1. Brinksmanship.

2. Failure to raise taxes.

Now whose agenda is that again? O yeah the Tea Party's. Hell, S&P even mentions the GOP by name!

 

Very impressive. So how do you explain this...

 

It's a play on a feminine hygiene product, and it fits perfectly...

 

Well... it may finally sink in on the D-Baggers that their socialism fails once they run out of other peoples money to spend. Now they may finally have to support themselves and move out of mommy's basement.

The irony is the bad leadership of their "savior" is what may actually teach them the lesson.

Barack Obama and the Democrats really screwed this all up.