Dave_In_Norfolk Posted June 3, 2011 Share Posted June 3, 2011 http://www.nytimes.com/2011/06/03/us/politics/03congress.html?nl=todaysheadlines&emc=tha2 WASHINGTON — Moody’s Investors Service warned Thursday that it might downgrade the United States government’s sterling credit rating if Congress did not increase the nation’s debt limit “in coming weeks,” putting a spur to the sputtering talks between party leaders and the White House on a plan to restore fiscal stability. I guess Conservatives could argue that if they ruined the economy by not raising the limit it would be "proof" that government is bad for the economy Link to comment Share on other sites More sharing options...
Booster4324 Posted June 3, 2011 Share Posted June 3, 2011 http://www.nytimes.com/2011/06/03/us/politics/03congress.html?nl=todaysheadlines&emc=tha2 I guess Conservatives could argue that if they ruined the economy by not raising the limit it would be "proof" that government is bad for the economy Perhaps if Liberals weren't so unconcerned about reining in spending we wouldn't be in this situation in the first place. Link to comment Share on other sites More sharing options...
pBills Posted June 3, 2011 Share Posted June 3, 2011 Perhaps if Liberals weren't so unconcerned about reining in spending we wouldn't be in this situation in the first place. All democrats are concerned about reigning in spending. It's just a matter of how. One could say if the Republicans were so protective of the Bush Tax Cuts we wouldn't be in this place too. From what I understand it's three main things: Unfunded Wars - What $700 billion in Iraq and Afghanistan alone? Unfunded Trillion Dollar Bush Tax Cuts $700 Billion Dollar Bank Bailouts Link to comment Share on other sites More sharing options...
Rob's House Posted June 3, 2011 Share Posted June 3, 2011 All democrats are concerned about reigning in spending. It's just a matter of how. One could say if the Republicans were so protective of the Bush Tax Cuts we wouldn't be in this place too. From what I understand it's three main things: Unfunded Wars - What $700 billion in Iraq and Afghanistan alone? Unfunded Trillion Dollar Bush Tax Cuts $700 Billion Dollar Bank Bailouts pBills didn't do so hot in math class. Link to comment Share on other sites More sharing options...
Dante Posted June 3, 2011 Share Posted June 3, 2011 yeah lets hide our head in the sand for another couple years by simply raising the debt. That way, if the **** doesn't totally hit the fan, head marxy Obama might get elected again. Link to comment Share on other sites More sharing options...
Adam Posted June 3, 2011 Share Posted June 3, 2011 Perhaps if Liberals weren't so unconcerned about reining in spending we wouldn't be in this situation in the first place. Point taken, but its past time to stop playing politics with "We the People's" money. Congress doesn't have the right to do that. Link to comment Share on other sites More sharing options...
Booster4324 Posted June 3, 2011 Share Posted June 3, 2011 pBills didn't do so hot in math class. Well, on the upside, he did at least manage to be on topic. I mean it was a stupid post, but baby steps and all that. Link to comment Share on other sites More sharing options...
pBills Posted June 3, 2011 Share Posted June 3, 2011 yeah lets hide our head in the sand for another couple years by simply raising the debt. That way, if the **** doesn't totally hit the fan, head marxy Obama might get elected again. HAHAHAHA "Head Marxy" That's awesome!!! pBills didn't do so hot in math class. Of course the deficit is in the trillions... yet those are three major contributors to the economic misery this country is in. You disagree? Link to comment Share on other sites More sharing options...
Dante Posted June 3, 2011 Share Posted June 3, 2011 (edited) HAHAHAHA "Head Marxy" That's awesome!!! Of course the deficit is in the trillions... yet those are three major contributors to the economic misery this country is in. You disagree? Debt was 10 trillion when your guy and his people took control. 15 trillion now. Explain please. Tell me how its a good thing. Tell me how many more people are employed because of his stimulus plan. Then tell me how great it is to have gas at almost $5 a gallon. Doubled since he took office. Tell what a great job he's doing with the dollar in regards to impending inflation. On second thought, don't tell me anything. Just be quiet and hope someone with a clue takes office in 2012 to bale all you (*^*&%^$^#liberal asses out. Edited June 3, 2011 by Dante Link to comment Share on other sites More sharing options...
/dev/null Posted June 3, 2011 Share Posted June 3, 2011 Perhaps if Liberals weren't so unconcerned about reining in spending we wouldn't be in this situation in the first place. When I read your reply this morning I was going to post something sarcastic like BLAH BLAH BLAH Republicans BLAH BLAH BLAH Bush Tax Cuts BLAH BLAH BLAH Iraq BLAH BLAH BLAH Prescription Drug Benefit BLAH BLAH BLAH Fatcat bailout!!!!, but I figured it was a little over the top. All democrats are concerned about reigning in spending. It's just a matter of how. One could say if the Republicans were so protective of the Bush Tax Cuts we wouldn't be in this place too. From what I understand it's three main things: Unfunded Wars - What $700 billion in Iraq and Afghanistan alone? Unfunded Trillion Dollar Bush Tax Cuts $700 Billion Dollar Bank Bailouts I guess I was wrong Link to comment Share on other sites More sharing options...
Rob's House Posted June 3, 2011 Share Posted June 3, 2011 HAHAHAHA "Head Marxy" That's awesome!!! Of course the deficit is in the trillions... yet those are three major contributors to the economic misery this country is in. You disagree? Keeping in mind that the ANNUAL budget deficit is well over a trillion $$ and your using numbers that represent expeditures over many years, I think your numbers don't amount to much. I think you're trying to buy a Ferrari by cutting out that morning latte. Link to comment Share on other sites More sharing options...
Adam Posted June 3, 2011 Share Posted June 3, 2011 (edited) Debt was smaller when your guy and his people took control. It is bigger now. Explain please. Tell me how its a good thing. Tell me how many more people are employed because of [insert name and party affiliation here] stimulus plan. Then tell me how great it is to have gas constantly going up. Doubled since he took office. Tell what a great job he's doing with the dollar in regards to impending inflation. On second thought, don't tell me anything. Just be quiet and hope someone with a clue takes office in 2012 to bale all you (*^*&%^$^#liberal asses out. There we go, more of a blanket statement now. Lets keep putting those democrats and republicans in there, cause its the smart American thing to do..... Edited June 3, 2011 by Adam Link to comment Share on other sites More sharing options...
pBills Posted June 3, 2011 Share Posted June 3, 2011 Keeping in mind that the ANNUAL budget deficit is well over a trillion $$ and your using numbers that represent expeditures over many years, I think your numbers don't amount to much. I think you're trying to buy a Ferrari by cutting out that morning latte. Keeping those Bush Tax cuts in place and all with current spending levels AND a constant military force overseas, etc., etc. just keeps adding up. Link to comment Share on other sites More sharing options...
DC Tom Posted June 3, 2011 Share Posted June 3, 2011 Keeping those Bush Tax cuts in place and all with current spending levels AND a constant military force overseas, etc., etc. just keeps adding up. And bloated social welfare programs...and bloated regulatory agencies... Both parties are willing to "cut spending" and "raise revenue" to "reduce the deficit"...as long as it's only the other guy who has to make the hard choices. Link to comment Share on other sites More sharing options...
Rob's House Posted June 3, 2011 Share Posted June 3, 2011 Keeping those Bush Tax cuts in place and all with current spending levels AND a constant military force overseas, etc., etc. just keeps adding up. We'll cut out the latte, the snickers bar, and the hand soap. Once that adds up we can pay for a Ferrari on credit. Of course we can't give up the vacation house in Hawaii or our membership at the exclusive country club because even though that's where all the real money's going, having all that unneccessary **** is what gets our dicks hard. So !@#$ it, max out the credit cards and let the kids pick up the tab when they're grown. Link to comment Share on other sites More sharing options...
Adam Posted June 3, 2011 Share Posted June 3, 2011 We'll cut out the latte, the snickers bar, and the hand soap. Once that adds up we can pay for a Ferrari on credit. Of course we can't give up the vacation house in Hawaii or our membership at the exclusive country club because even though that's where all the real money's going, having all that unneccessary **** is what gets our dicks hard. So !@#$ it, max out the credit cards and let the kids pick up the tab when they're grown. I am for both. We have to tighten our belts and not make politically savvy moves to get elected. And by the way, I lump "Bush" tax cuts with "Obamacare". Both are made up terms for juvenille people who need to learn to play with the grown up people. Neither unilaterally instituted either of those things. (Not that you made those references in your posts, but a lot of people do) Link to comment Share on other sites More sharing options...
finknottle Posted June 4, 2011 Share Posted June 4, 2011 This is like calling up your credit card company and screaming "Raise my credit limit already! Don't kill my lifestyle to 'save' it!" Link to comment Share on other sites More sharing options...
Adam Posted June 4, 2011 Share Posted June 4, 2011 This is like calling up your credit card company and screaming "Raise my credit limit already! Don't kill my lifestyle to 'save' it!" Ok Link to comment Share on other sites More sharing options...
Peace Posted June 4, 2011 Share Posted June 4, 2011 Both parties are willing to "cut spending" and "raise revenue" to "reduce the deficit". Link? Link to comment Share on other sites More sharing options...
whateverdude Posted June 4, 2011 Share Posted June 4, 2011 Debt was 10 trillion when your guy and his people took control. 15 trillion now. Explain please. Tell me how its a good thing. Tell me how many more people are employed because of his stimulus plan. Then tell me how great it is to have gas at almost $5 a gallon. Doubled since he took office. Tell what a great job he's doing with the dollar in regards to impending inflation. On second thought, don't tell me anything. Just be quiet and hope someone with a clue takes office in 2012 to bale all you (*^*&%^$^#liberal asses out. You forgot about the housing market collapsing, Again! Link to comment Share on other sites More sharing options...
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