***BREAKING*** S&P Officially Downgrades US Debt from AAA

***BREAKING*** S&P Officially Downgrades US Debt from AAA

This is far and away THE DUrabEST talking point of either side.

The instant someone brings up how little the bottom 50% contribute, as if their proportion of the population has anything at all to do with how much they should be contributing, it's a sure fire clue that the person is fucking brain dead.
 
***BREAKING*** S&P Officially Downgrades US Debt from AAA

I would like to thank the following people for this prestigious award:

Mr. Barack Obama, what can I say...we couldn't have done it without you!

Mr. Harry Reid and Ms. Nancy Pelosi, your leadership of congress under President Obama was out of this world, your visions, your decisions, I mean the worRAB just don't exist! Thank you.

Mr. Barney Frank for helping out Freddie and Fanny during their time of need...a round of applause.

The general media for sack riding these sons of bitches, how would the world survive without you!

and last but not least ladies and gentleman, I would like to extend my most sincere thank you, to 52% of the voting population! Yes, you know who you are, you made this all possible by electing the the man who lives at 1600 Pennsylvania Ave. Thank you so much for being pissed off at Bush, that you were able to cast a blind vote for this man!

We owe this hope and change to you!
 
***BREAKING*** S&P Officially Downgrades US Debt from AAA

RT @BorowitzReport The US will switch to a barter system, as soon as we can find something of value to trade
 
***BREAKING*** S&P Officially Downgrades US Debt from AAA

Trust me, I know it sounRAB great, but contractionary policies are what drove the great depression, and more recently, Japan's 15 years of shit. Japan oscillated between expansionary/contractionary policies in the late 90s, erasing any progress in their economy. And that looks like the strategy we'll be pursuing for the foreseeable future.
 
***BREAKING*** S&P Officially Downgrades US Debt from AAA

This.

Its not difficult math. Don't spend more than you take in. It will take years to crawl out of this hole that this (and the prior) administrations has dug.
 
***BREAKING*** S&P Officially Downgrades US Debt from AAA

Legit nurabers?

It's all subjective, it's not like S&P has some unique insight that other market participants don't have. And there certainly aren't precise ratios of debt/GDP or any other metric that explicitly warrant a downgrade. It's all bullshit.
 
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