Congress Reaches Debt Deal

"However, there is no guarantee the plan will win enough support to pass both charabers of Congress."

It hasn't happened yet....but probably will.
 
I'm not disagreeing with you but why would it?

Would capital one raise your rates if you paid on the 30th when your bill was due on the 31st?

Fuck the S&P holding the US hostage like this. Where the fuck were they when CDOs where getting AAA ratings and they were about as safe as a AIRAB infected tranny.

How the fuck can they give them a AAA rating and then downgrade the US when nothing has even happened (or will happen when the deal gets signed)
 
WOOT!!!!!

so now debt gets to go from 14.5 trillion to 21.5 trillion. but since it won't go to 24 trillion...

THEY CUT 2.5 TRILLION!!!!!


and we still will lose or AAA rating to top it off.



man we are sooooooo fucked as a nation.
 
Or we could try something different for a change and let the recession run its course. They are a necessary part of the business cycle. Let the losers fail. Let the winners win. 3 years of massive government deficit spending hasn't done dick. Did you see the last GDP report? We are deficit spending 12% of GDP and it translates into ~1% growth? Wow.
 
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