USA's credit rating downgraded from AAA to AA+

  • Deleted
    • 1 year 9 months ago
    • Posts: 54340
    Never in the history of our nation has this happened...not even during the great depression.

    http://www.usatoday.com/money/economy/2011-08-05-s-and-p-downgrades-credit_n.htm


    Change we can believe in.
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  • avatar
    • 1 year 9 months ago
    • Posts: 12790
    • User Admin
    This is the republicans fault too through I blame the democrats more due to their crazy spending. The only way we are going to get the deficit under control is to cut spending and to end most of these tax cuts, something them republicans will not do due to campaign promises.

    This budget deal wasn't enough and is just a band aid to a bigger problem. We have to make the clock go backwards. As long as it goes forward we are screwed. Obama needs to stop campaigning and start being a leader.
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    • 1 year 9 months ago
    • Posts: 4622
    This isn't the first time the debt ceiling has been raised. Both democrats and republicans are pieces of shit, they are holding the country hostage so they can fight with each other.
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  • Deleted
    • 1 year 9 months ago
    • Posts: 54340
    Shazbot wrote:
    This isn't the first time the debt ceiling has been raised. Both democrats and republicans are pieces of shit, they are holding the country hostage so they can fight with each other.


    Bingo. They're acting like children, and doing shit out of spite. I think its time for US citizens to rise up and start truly letting them know how they feel. I'm talking about tea party bullshit, I'm talking true revolution. Forcefully kicking everyone in the Senate and Congress out.
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  • Deleted
    • 1 year 9 months ago
    • Posts: 54340
    Shazbot wrote:
    This isn't the first time the debt ceiling has been raised. Both democrats and republicans are pieces of shit, they are holding the country hostage so they can fight with each other.


    That's the big problem right there...we only have a choice between the two parties. So it really comes down to voting for who you think is the lesser of the two evils. I wish we could get some people in there who actually give a crap about the best interest of this country, and not about the best interest of their party.
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  • avatar
    • 1 year 9 months ago
    • Posts: 2096
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    So what does this all mean? Instead of borrowing from China, we bum off Zimbabwe?
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  • avatar
    • 1 year 9 months ago
    • Posts: 4622
    It'll have a negative effect on the stock market. Even commodities will be affected, they say.
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  • avatar
    • 1 year 9 months ago
    • Posts: 2096
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    Let's hope what happens at 4:10, happens to us.
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