The Actual S&P Report

I read the report. It's actually pretty interesting. They lay the blame at the feet of both parties (as they should) and make it clear that a balanced budget isn't EXCLUSIVELY about spending as the Republicans seem to want to make it.

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The most foolish mistake we could possibly make would be to permit the conquered Eastern peoples to have arms. History teaches that all conquerors who have allowed their subject races to carry arms have prepared their own downfall by doing so.

-- Hitler, April 11 1942

I still can't help but wonder, if there isn't a little bit of "screw you Obama" ....in S&P's action.

Especially since this administration has changed the rules and put the clamps down on the kind of chit that S&P pulled, which helped to cause this financial crisis in the first place.

I don't think it's a big secret that should the Repub's gain majority control of both houses and the WH....they believe there will be less oversight and restrictions on their business.

After all, they have good reason to think this.


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I'm not terribly big on the general practices of S&P, but their financial reasoning in the memo is pretty sound.

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The most foolish mistake we could possibly make would be to permit the conquered Eastern peoples to have arms. History teaches that all conquerors who have allowed their subject races to carry arms have prepared their own downfall by doing so.

-- Hitler, April 11 1942

Of course it is, they know how to cover their butts.

The questions being, why are they the only ones......... and why now?


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Well they explain the financial reason for "why now".

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The most foolish mistake we could possibly make would be to permit the conquered Eastern peoples to have arms. History teaches that all conquerors who have allowed their subject races to carry arms have prepared their own downfall by doing so.

-- Hitler, April 11 1942

What they can't explain satisfactorily to me, is why some other countries have a higher rating than we do.

CLICK HERE





No one can convince me that even with the Tea Party playing games, we would ever default on our loans or go back on our word as a nation.

France on the other hand.....


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It's not a question of the debt. It's a question of the political ability to deal with the debt. Different things. The Republicans and the Democrats refuse to grow up and compromise like big kids and make a real budget.

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The most foolish mistake we could possibly make would be to permit the conquered Eastern peoples to have arms. History teaches that all conquerors who have allowed their subject races to carry arms have prepared their own downfall by doing so.

-- Hitler, April 11 1942

Yes, it is also the debt..........

Not really. New spending doesn't automatically equate debt...

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The most foolish mistake we could possibly make would be to permit the conquered Eastern peoples to have arms. History teaches that all conquerors who have allowed their subject races to carry arms have prepared their own downfall by doing so.

-- Hitler, April 11 1942

"B-b-b-but the Tea Party..."

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Our nation has not always lived up to its ideals, yet those ideals have never ceased to guide us. They expose our flaws, and lead us to mend them. We are the beneficiaries of the work of the generations before us and it is each generation's responsibility to continue that work. - Laura Bush

Leftists and very small children don't seem to be able to understand that the Government isn't there to "fix" the economy, anymore than a tick is there to fix your dog.~Oftencold