Desperate White House Tries to Blame Tea Party for Downgrade,on FTN

Discussion in 'Current Events' started by Grokmaster, Aug 7, 2011.

  1. Dan40

    Dan40 New Member

    Joined:
    Mar 18, 2010
    Messages:
    11,560
    Likes Received:
    274
    Trophy Points:
    0
    Its summer, he's in reruns!

    Sadly he's been in reruns since the election campaign in 2007 and 2008. But the terminally stupid and gullible seem to enjoy reruns.
     
  2. Grokmaster

    Grokmaster Well-Known Member Past Donor

    Joined:
    Aug 9, 2008
    Messages:
    55,099
    Likes Received:
    13,310
    Trophy Points:
    113
    Americans are tired of their laughingstock -of -the- world, empty -suit POTUS, and will see to it he is put out of their misery come 2012...
     
  3. JIMV

    JIMV Well-Known Member Past Donor

    Joined:
    Oct 19, 2009
    Messages:
    25,440
    Likes Received:
    852
    Trophy Points:
    113
  4. k995

    k995 Well-Known Member

    Joined:
    May 24, 2011
    Messages:
    6,783
    Likes Received:
    680
    Trophy Points:
    113
    Bush is already gone you know.
     
  5. Grokmaster

    Grokmaster Well-Known Member Past Donor

    Joined:
    Aug 9, 2008
    Messages:
    55,099
    Likes Received:
    13,310
    Trophy Points:
    113
    Bu-bu-bu-bu-bu-Bush... why is The Chosen One still trying to blame him, in between supporting islamist takeovers in the mideast,and crashing our economy here at home?
     
  6. k995

    k995 Well-Known Member

    Joined:
    May 24, 2011
    Messages:
    6,783
    Likes Received:
    680
    Trophy Points:
    113
    Hey you talked about the laughingstock of the world, that was the USA re electing bush made you that.
     
  7. pragprog

    pragprog New Member

    Joined:
    Aug 12, 2011
    Messages:
    91
    Likes Received:
    13
    Trophy Points:
    0
    The downgrade in our credit rating is directly linked to the T-Party making the debt ceiling a major issue. If, like other congresses the debt ceiling had been dealt with pro forma, our credit rating would not have come into play. S&P itself cited the debt ceiling dispute as a cause for their action. Without that debate other issues would have remained dormant. The actions of a distinct minority opened the door to the path leading in a straight line to the downgrade. To suggest otherwise is nonsense.
     
  8. 1AmericansView

    1AmericansView New Member

    Joined:
    Mar 10, 2011
    Messages:
    2,221
    Likes Received:
    12
    Trophy Points:
    0
    Well then I guess you would really have to blame it on Obama by going and telling Vets, and old people. that we won't be able to pay our bills that are not affected by the debt ceiling.

    If the Follower Obama goes and tells the World our financial situation is so bad that even bills that are already paid for and would not be affected by the debt ceiling will not be paid.

    no wonder the U.S. credit rating was downgraded.

    But I guess it was the tea-party that was disguised as Obama came out and said Social security checks and Vets would not be paid right?

    I guess it was the Tea party that went on national TV just after we promised CUTS to spending. that came out and said We will be spending more money that we don't have?

    Oh wait that was Obama once again.
     
  9. pragprog

    pragprog New Member

    Joined:
    Aug 12, 2011
    Messages:
    91
    Likes Received:
    13
    Trophy Points:
    0
     
  10. Iron River

    Iron River Well-Known Member

    Joined:
    Dec 1, 2009
    Messages:
    7,082
    Likes Received:
    161
    Trophy Points:
    63
    That was a lie. Our government takes in more money than would be needed to pay our bills. What we couldn't pay is the bloated payroll that Barry/Obama has grown by hundreds of thousands of people.

    Again it is you that fails to understand reality.

    Do you pay all of your bills with a credit card? Do you have to borrow money to pay your rent, buy food, gasoline, etc.

    We take in more than $200B each month so we could pay SS, the military, veterans benefits and Medicare before having to lay off or close the Dept. of Education, the Dept. of Energy, the EPA, etc.

    Or we could take a look at the salaries of government employees and decided that people pretending to work for us should not make twice as much as people in the private sector. Just cutting government employee's pay to 90% of what a citizen makes would get us very close to balance. If we closed the departments that have done nothing to help capitalisms flourish.

    Help us out with your vast knowledge of economics and tell us how taking resources from the private sectors helps it grow??????????????????
     
  11. PatrickT

    PatrickT Well-Known Member

    Joined:
    Oct 15, 2009
    Messages:
    16,593
    Likes Received:
    415
    Trophy Points:
    83
    I'm sorry but it's so painfully obvious that the current President accepts responsibility for none of his failures and will blame absolutely anyone, including the American people, that I just don't care who he and his sycophant lapdogs blame any more.

    I think we he blamed us, all of us, people starting seeing him for what he is.
     
  12. k995

    k995 Well-Known Member

    Joined:
    May 24, 2011
    Messages:
    6,783
    Likes Received:
    680
    Trophy Points:
    113
    BS bush had deficits all troughout his 8 years.

    The system already was rotten before he was even elected.

    No that is reality. Even the USA needs a bank account with money on it, no money on it-> they cant pay.


    BS, thats a couple of billion saved. Please do yourself a favor look at the actual numbers.

    And read what he posted because you misunderstood. He says if revenue drops its normal you borrow .


    By investing it in even more profitable enterprises or departments.

    You do know what that is investing? As in education, health ifrasyructure? Without educated healty people supported by an infrastructure you arent going to have a lot of companies.
     
  13. 1AmericansView

    1AmericansView New Member

    Joined:
    Mar 10, 2011
    Messages:
    2,221
    Likes Received:
    12
    Trophy Points:
    0
     
  14. k995

    k995 Well-Known Member

    Joined:
    May 24, 2011
    Messages:
    6,783
    Likes Received:
    680
    Trophy Points:
    113
    So you propose to not pay international creditors and thus destroy the USA credit rating AND intrest rates?

    You have any idea how much foreign debt the USA has and how a double or tripling of the intrest rate would cost?

    Do you actually realise some of that debt is short term and has to be renewed quit often?


    Well seeing you just cost the USA several hundreds of billions i say you proved yourself wrong.

    Again with the silly comparisons, a gouvernement isnt like a person.



    He didnt lie, and that was what the world was afraid of. They dont care about veterans getting payed.


    That was never the issue, something you seem uncapable of understanding.



    No that means they reposses your house. Great you can still pay your cable tv bill WITHOUT a house.
     
  15. 1AmericansView

    1AmericansView New Member

    Joined:
    Mar 10, 2011
    Messages:
    2,221
    Likes Received:
    12
    Trophy Points:
    0
    Oh you mean like the Credit downgrade we did receive from the Idiot President going on National TV and telling the world that hey not only can we not pay our loans but we can't even afford to pay our entitlements.

    actually I'm perfectly aware of how much debt the US is in. and only way to get out of the debt is to pay it. not borrow more.

    and you wan't to know what would cost less then having really high debt and really good credit rating. cutting spending, having less debt and good credit ratings. but that won't happen since the left is not willing to cut entitlements.

    actually I did not prove myself wrong because entitlements are paid before everything else and that would still mean that the SS and Vets ben, and other entitlements would have been paid.

    Actually its not a silly comparison. because it works the same. You bring in money, and you spend money. when you don't have the money you borrow. you pay back.

    But when you can't afford to pay back that loan. that does not mean you can't afford anything. It means you pay what you need to live and go from there. the government is no different. If they can't afford the loans they need to cut spending. but that does not mean they don't pay their entitlements.


    He did lie because if the debt ceiling was not raised Social security would have still been paid. but yet he went and tried to scare America and the world to put pressure on the Republicans so they old people, and Vets would get paid. but the simple fact is. THEY WOULD HAVE BEEN PAID.


    How is money still coming in not part of the issue. If the U.S. has money coming in without the loan that means they are still able to pay entitlements. but I guess you don't have any understanding of how money actually works. or are you just incapable of understanding anything that is not spoon fed to you by the liars and cheats of the leadership in the Democratic party?


    Funny because I was talking about buying food. And yes it is funny how people rather pay their cable bill then pay for the things that are needed such as a house payment.

    Just like the U.S. rather spend money studying the affects of gay marriage instead of paying off bills.

    Or how the U.S. much rather pay billions for a car company and give it away for free to a foreign company then paying down the deficit.

    Or how Obama much rather start a third war instead of paying down the deficit.

    Or How Obama much rather try to make Unconstitutional laws and put aside billions of dollars for his Unconstitutional program then to pay down the deficit. and we can go on and on.
     
  16. Death Grip

    Death Grip Banned

    Joined:
    Apr 8, 2011
    Messages:
    2,820
    Likes Received:
    78
    Trophy Points:
    0
    Obama has become the "boy who cried blame".

    Please no accusations of racism the "boy" reference was simply from the "boy who cried wolf". Also, any inferences of racism, sexism, bigotry, or other prejudices are hereby rejected and I reserve all rights to cross accuse any accusers of being ideologues, liberals, dumbasses, or pathetic race baiting losers. Furthermore, any future claims referencing this post concurrently with other posts is hereby creating relations which do not exist as this post stands on its own and is not created to be used in conjunction with any other posts. Additionally, these disclaimers are written, because liberals have become so intellectually dishonest that they will make the claims of racism, sexism, bigotry, and other attacks with no real back up. People have lost their jobs for using the proper definition and usage of the term "(*)(*)(*)(*)(*)rdly". This post and disclaimer protects the poster henceforth. All aforementioned statements hereby apply to this post and no others. These statements are valid by the rules of the Political Forum .com and no other site as places like the DailyKos, MediaMatter, ThingProgress, MSNBC.com, Huffington Post, and other liberal idiot sites make crap up and often level completely false accusations.
     
  17. Dan40

    Dan40 New Member

    Joined:
    Mar 18, 2010
    Messages:
    11,560
    Likes Received:
    274
    Trophy Points:
    0
    Do you realize that when the DEMOCRATS took controll of Congress 46 months ago our National Debt was

    $9,007,653,372,262.48

    And that it will be over $15,000,000,000,000.00 in 47 days, the end of FY 2011?

    A gain of $5,992,346,627,738 in 48 months? A gain of $125 billion per month.

    http://www.treasurydirect.gov/govt/reports/pd/histdebt/histdebt_histo5.htm

    230 YEARS to get to $9 trillion. An average of $39 billion per year.

    4 years to increase it by $5,992 trillion. An average of $1.498 trillion per year.

    And what is doubly amazing is that the Republicans themselves were spending much too much. Now their outrageous spending pales compared to today's complete insanity.

    Just for anyone that is interested
    one TRILLION is:
    1,000,000 X 1,000,000= 1,000,000,000,000. a million millions.
     
  18. k995

    k995 Well-Known Member

    Joined:
    May 24, 2011
    Messages:
    6,783
    Likes Received:
    680
    Trophy Points:
    113
    So? Do you realise 1.23 trillion of that alone is both wars bush started?

    That the bush administration before and at the beginning said number ranging from 5 to 50 billion TOTAL cost of the war?

    That in reality it will be more towards 2-3 trillion?

    Not really again you fail to look at what they are trying to do . Spending money on tax reductions or wars isnt the same as trying to get the economy back on track. Perhaps spending money in iraq on infrastructure is the same for you as building infrastructure in the USA , but believe me the economy is going to benefit more if you spend it in the USA.

    And that STILL doesnt change the reality that default ON PURPOSE without reason is about the stupidest thing you can do as a nation.
     
  19. Mac-7

    Mac-7 Banned

    Joined:
    Apr 21, 2011
    Messages:
    86,664
    Likes Received:
    17,636
    Trophy Points:
    113
    Military spending including the two Bush wars has never been more that 20% of the federal budget.

    So only 20% of the deficit can be blamed on national defense.

    The other 80% is due to wipe-every-nose social welfare program.
     
  20. k995

    k995 Well-Known Member

    Joined:
    May 24, 2011
    Messages:
    6,783
    Likes Received:
    680
    Trophy Points:
    113
    No the downgrade because some republicans dont know the word compromise.


    That wasnt my question, again what do you think would happen to the intrest on foreign debt when the USA defaults and gets a worse credit rating then greece?

    Complete BS, the USA can easily choose what to pay and in the case of such a foolish action . It again shows your lack of knowledge .


    And thats quit silly as a comparison to a gouvernement of several hundred million people. Take cutting spending, if you cut spending in a family it doesnt lower your income, cutting spending in a country usualy does that certainly at first. Again its a very flawed comparison .


    BS he said he couldnt gaurantee it and that was reality. Again in such a case the USA would be foolish not to pay its external creditors, after all they have the power to hurt the USA. Too bad for its own citizens but a default on its foreign debt would cost the USA a lot more .


    Funny how when the arguments are up the petty insult are very quickly to come.


    And the issue was the debt , of course one solution might be raising income but of course the republicans with the pledge to never raise taxes arent even allowed to think about that anymore.


    Actually it was you who said pay the domestic builds, that does include things like cable bill aka defense spending . A billion dollar plane is a quit good analogy with cable tv .



    Or funding the rich or oil companies, or give tax cedit to religious organisations.

    Thats a lot more money then 1 single study .


    And you still wont arrive at anything significant.

    800 billion for a useless war in iraq, thats real money, strange to see you dont mention that. Of course that was started by a republican.
     
  21. 1AmericansView

    1AmericansView New Member

    Joined:
    Mar 10, 2011
    Messages:
    2,221
    Likes Received:
    12
    Trophy Points:
    0
    Oh you mean like Obama saying any bill that puts a cap on spending would be VETO'd you mean that type of compromise from your Follower Obama?
    Actually look at China they defaulted for decades and now they are doing very well for themselves. Now if the left was really worried about the state of our economy then they wouldn't make the U.S. such a harsh place for businesses and chase businesses out of the country.

    Again ENTITLEMENTS ARE GUARANTEED AND PAID BEFORE ALL ELSE. so actually the government can't decide what it is going to pay first. because entitlements come first. and even if they decided they could pay the debt first. well then their was no reason to have the big debate over the deficit now was there. because either way the money was guaranteed. So either he was lying about the U.S. will default or he was lying about the elderly, and vets not getting paid what one is it?

    how does cutting something lower income? are you really trying to say by spending less on entitlements that the U.S. is going to lower its income?
    He could guarantee it because the U.S. income was more then enough to pay all bills besides the interest. so it was guaranteed either way.

    And it really wouldn't cost the U.S. all that much if we defaulted. because the world would still want the exports of the U.S. and it would just prevent the U.S. from borrowing more money in the future.


    calling somebody a liar who is constantly lying is not a insult. so try again Sherlock

    or another thing could be making the U.S. a more business friendly environment so that business grows in the U.S. instead of shipping everything over seas. lower taxes on businesses that keep all jobs in the U.S. and raise taxes for all companies that export jobs, or import goods. and that would give the companies that decide to do business mainly in the U.S. a chance to be competitive.


    actually defense budget would be more like your insurance on your house. If something happens to your house and you have no insurance you are screwed. say by to your house and say hello to your crappy credit rating for not being smart and prepared.

    Now what is like your cable TV would be money spent on public unions. yeah it might make you feel all warm and fuzzy to get all the money up front. but when you continue to pay it and not your other obligations guess what. You won't have a place to watch your cable TV. just like Public Employees won't have a job to work at when the city, state, or country goes belly up.


    I much rather give my tax credit to religious organisations who help people. rather then giving tax credit to public unions so they can spend millions on getting a democrat elected so they can earn that money back.

    Thats a lot more money then 1 single study .



    Yes a war that I fought in and had a chance to see all the people coming up to me and my comrades thanking us for allowing them to have freedom for the first time in their life. Funny how you compare giving people freedom. to giving lazy people free money. or giving illegals money for breaking the law.
     
  22. k995

    k995 Well-Known Member

    Joined:
    May 24, 2011
    Messages:
    6,783
    Likes Received:
    680
    Trophy Points:
    113
    Compromise on ruining the economy?

    republicans got 98% of what they wanted. I do think obama compromised, and the republicans didnt.


    *Sigh*

    Are yuo for real. Are you comparing communist cut of from most of the world china to the USA 2011 ?

    Just read some experts opinions on how bad it would be.


    BS, and if you keep saying it, prove it (with a neutral source)

    A gouvernement can choose to pay WHAT it wants.


    Use your head. Where do you think those "entitlements" go? They flow into the USA economy.


    Again use your head , the USA has 5-6 trillion in foreign debt. It would become a RISK to have those as the USA can default on a whim. Instead of 3-4% intrest it would skyrocket, greece is at 15-20%. I let you to calculate the difference of that on 5 trillion over 2 decades.

    It would be the singlemost stupid decession made.


    He isnt lying no matter how many times you claim that.


    Real taxe rates for companies are already very very low, and still they move.

    This policy barely changed from under bush btw.


    Nice defense industry PR copy paste.

    No a military half the size would be able to defend the USA against anything and everything.

    Its a very heavy drain that doesnt really return much.

    Again, you pick something with barely any impact.


    So you rather give money to scientology so they can live and basicly brainwash people then to actually help people have a decent wage.

    gee that brainwashing you got must be good.


    Still doesnt change the fact that its not bringing in any cent for the USA citizen. Still doesnt change the fact you rather help an iraqi then a just fired USA citizen.

    And then no doubt you aprove of obama spending a couple of hundred million helping the people of lybia fend of a dictator?

    And you have no problem then cutting the entitlements all the veterans get?
     
  23. Dan40

    Dan40 New Member

    Joined:
    Mar 18, 2010
    Messages:
    11,560
    Likes Received:
    274
    Trophy Points:
    0
    1 of $6 trillion is wars Bush started? 9/11 didn't happen in your fantasy world? We were attacked dufus. Iraq go ahead blame Bush. Then tell me why we're still in Iraq and Afghanistan and why we bombed Libya nad Yemen?
     
  24. 1AmericansView

    1AmericansView New Member

    Joined:
    Mar 10, 2011
    Messages:
    2,221
    Likes Received:
    12
    Trophy Points:
    0
    Because Libya Bush did. they didn't have enough to blame on bush so they had to start more.
     
  25. Dan40

    Dan40 New Member

    Joined:
    Mar 18, 2010
    Messages:
    11,560
    Likes Received:
    274
    Trophy Points:
    0
    I had to rush out as we were meeting other people for dinner, so I gave you a weak answer.

    According to the GAO, The Iraq and Afghan wars cost $1 trillion through the end of 2010. So there is some war money in the $9,+ trillion but not $1,230 trillion. And even if there was how does that explain the near $6 trillion in debt increases since the Democrats took control of congress just 4 years ago. The tax cuts amount to $370 billion per year, and $300 billion per year of that is saved by the middle class and below. The rich save $70 billion per year. So IF the whining, excuses wailing, Democrats had the taxes on the rich that they keep crying for, they'd have $70 billion per year more or 280 billion more for the 4 years they have spent like drunken idiots. So the debt increase would be $5.712 TRILLION instead of $5,992 TRILLION. If Democrats also had the $1.2 trillion saved by the middle class and below, the Democrat debt increase would be $4,512 TRILLION for 4 years. The highest debt increase in any 4 year period by more than $3 trillion.

    And odrama has been wasting the nations time and money since 2/2009. The Iraq war continues, The Afghan War continues, The Libya war continues. [remind me, When did Bush start that one and why?] and the Yemen war continues. [same question as the Libya war]. Plus we're still in Gitmo. We have dramatically stepped up drone strikes in Afghanistan, Pakistan, And Yemen, [probably Libya too but I have no hard evidence readily available to prove that] as well as the surge in Afghanistan. No terrorist have been brought to trial, in fact, nobody is a "terrorist" anymore. The idiot odrama has made the word, "terrorists" politically incorrect.
    Unemployment above 8% continues, New unemployment claims continue to average over 400,000 per WEEK. housing prices, sales and foreclosures continue unabated. The unrelenting excuse making, finger pointing, blame gaming and utterly useless inactivity continues without let up. odrama has lied about his Grand Plan for half a year and more. Really since the SOTU address and yet no person in the known universe has seen a word of in in writing.

    And what Bush said about costs of the war, 1 so what he's long gone. The incompetent fixer was supposed to be on the job now. But he's golfing shooting hoops or vacationing. 2. Who gave Bush those cost figures? The CBO? The same ones that said obamacare will cost less than a TRILLION over 10 years and be fully funded. Could anyone with a functioning brain believe that?

    But I'm not upset about liberals telling lies and making excuses, its all you got. If the rank and file main street liberals KNEW what liberal politicians have done they're revolt would make the tea party complaints sound like a whisper.
     

Share This Page