Downgrade coming. this should be fun

it's sad that all we can do now is literally sit back and just laugh at it all and do the "I told you so" to the idiots who supported this shit.


Oh well. ready for whatever comes. cheers gents.
 
Cheers!

Glad I cashed out, locked in for long term fixed rates, paid off everything that I possibly could, and got out of any short term adjustable shit I could.
 
Bill Clinton’s legacy is that the be known as the president impeached for a sex scandal and Obama’s legacy will be that the U.S. lost its AAA rating on his watch because of his policies. The next president will therefore inherit a subprime credit rating from Obama.
 
http://blogs.abcnews.com/politicalpunch/2011/08/govt-official-us-expecting-sp-downgrade.html

Listen to this

"A third official says that S&P made a "serious mistake" in its analysis, "based on flawed math and assumptions," so the Obama administration is pushing back. But even though "S&P has acknowledged its nurabers are wrong, it's unclear what they're going to do.," the official said."

Ratings agencies asleep at the wheel on the mortgage fiasco, now they're prepared to downgrade without even having the right nurabers. Bunch of slobs.
 
1998: U.S. deficit disappears for the first time in three decades. Debt clock is unplugged.
The GOP was running Congress then, and pushed for cuts ("Contract With America"). One of the few things they've ever done right.


Seems your "data" is a tad incomplete.
 
I'm not your errand boy

I said you'd blame democrats if the GOP declared the earth flat, and then you said democrats were just as much to blame as republicans

I have no idea who would go "HMMM YES, EARTH BEING FLAT, OBVIOUSLY THIS IS JUST ABOUT ONE SINGULAR POLITICAL ISSUE NOT POLITICS"

but judging by the conservaderp posts in this forum, reading comprehension is not very common
 
There are three glaring problems that need to be addressed and reformed:

1) Medicare

2) Social Security (congress raided the shit out of SS in the 90's....now it's coming to pass)

3) Tax code
 
They can do it.
We did have a relatively good jobs report.

Our long term debt obligations for old farts like you who will be crying about medicare in 10 years are still outstanding and large coupled with a week of poor economic indicators. One report at the end of the week doesn't change that 180 degress.
 
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