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-   -   Who do you think will get MOST of the blame for the US S&P downgrade? Republicans or Dems? (https://gfy.com/showthread.php?t=1033287)

The Demon 08-08-2011 01:28 PM

Quote:

Originally Posted by kane (Post 18340065)
S&P should give the country the benefit of the doubt and leave the rating alone until we actually default. To me this is all nothing more than market manipulation. I would love to know who made millions today going short.

Well, I didn't make millions but I more than made up for the trainwreck that has been my portfolio the past few weeks.

tony286 08-08-2011 02:05 PM

Quote:

Originally Posted by Vendzilla (Post 18339942)
Wait, it's 2011 right? why are you blaming 1984?
What has the Barry in charge done to fix it? Nothing, he made it worse. But hey, lets dig up a dead president and make him pay for it.

People were talking about 50 yrs of policies and its not that. It started with Reagan.And you are right it is barry's fault he should dumped the bush tax cuts and told the right to stick up their ass. And then went on a speaking tour telling the people why the right is hanging the middle class out to dry. but barry has no spine or balls.
And if you actually read the s&p report it was because no revenue is being raised and the right was holding the gov hostage to get their way even if a default would happen.It was too close to the edge. Obama offered a greater cuts over 4 trillion twice while raising rev 1 trillion and the right pissed on it no rev raising. Plan it being on every commercial the dnc does.

Vendzilla 08-08-2011 02:08 PM

Quote:

Originally Posted by tony286 (Post 18340185)
People were talking about 50 yrs of policies and its not that. It started with Reagan.And you are right it is barry's fault he should dumped the bush tax cuts and told the right to stick up their ass. And then went on a speaking tour telling the people why the right is hanging the middle class out to dry. but barry has no spine or balls.
And if you actually read the s&p report it was because no revenue is being raised and the right was holding the gov hostage to get their way even if a default would happen.It was too close to the edge. Obama offered a greater cuts over 4 trillion twice while raising rev 1 trillion and the right pissed on it no rev raising. Plan it being on every commercial the dnc does.

You know, I never heard of a plan or offer from Barry on a deal on raising the debt ceiling, just what he wouldn't accept, they all were ones that only raised the limit a little, he wanted enough money to keep us going till after his 2012 bid was over

tony286 08-08-2011 02:10 PM

Quote:

Originally Posted by Vendzilla (Post 18340193)
You know, I never heard of a plan or offer from Barry on a deal on raising the debt ceiling, just what he wouldn't accept, they all were ones that only raised the limit a little, he wanted enough money to keep us going till after his 2012 bid was over

I like u so I will help there you go.
http://www.portfolio.com/business-ne...llion-dollars/

LAJ 08-08-2011 02:11 PM

Who will get the most blame? The Dems.

Who deserves it? The repubs.

tony286 08-08-2011 02:23 PM

page 4 of the S&P report
"Compared with previous projections, our revised base case scenario now
assumes that the 2001 and 2003 tax cuts, due to expire by the end of 2012,
remain in place. We have changed our assumption on this because the majority
of Republicans in Congress continue to resist any measure that would raise
revenues, a position we believe Congress reinforced by passing the act."

Vendzilla 08-08-2011 03:21 PM

Quote:

Originally Posted by tony286 (Post 18340195)
I like u so I will help there you go.
http://www.portfolio.com/business-ne...llion-dollars/

I know about the speech, funny he decided to cut spending after the debt ceiling is passed, kinda FUCKING useless now, but ok, don't believe a thing that comes out of that mans mouth.

Also have to wonder about an article thats clearly written in the future, 5 days from now.


I want to see the government make real cuts, not the ones they did to raise the debt ceiling. Before they raise taxes.

Right now raising taxes it like giving alcohol to a drunk to cure his affliction

Vendzilla 08-08-2011 03:22 PM

Quote:

Originally Posted by tony286 (Post 18340218)
page 4 of the S&P report
"Compared with previous projections, our revised base case scenario now
assumes that the 2001 and 2003 tax cuts, due to expire by the end of 2012,
remain in place. We have changed our assumption on this because the majority
of Republicans in Congress continue to resist any measure that would raise
revenues, a position we believe Congress reinforced by passing the act."

Simple, raise revenues by lowering the unemployment rate

tony286 08-08-2011 03:22 PM

Quote:

Originally Posted by Vendzilla (Post 18340376)
I know about the speech, funny he decided to cut spending after the debt ceiling is passed, kinda FUCKING useless now, but ok, don't believe a thing that comes out of that mans mouth.

Also have to wonder about an article thats clearly written in the future, 5 days from now.


I want to see the government make real cuts, not the ones they did to raise the debt ceiling. Before they raise taxes.

Right now raising taxes it like giving alcohol to a drunk to cure his affliction

its dated april 13 th what are you talking about

tony286 08-08-2011 03:23 PM

Quote:

Originally Posted by Vendzilla (Post 18340377)
Simple, raise revenues by lowering the unemployment rate

sorry there arent enough 7 dollar an hour walmart jobs to fill the gap.

Vendzilla 08-08-2011 03:34 PM

Quote:

Originally Posted by tony286 (Post 18340379)
its dated april 13 th what are you talking about

LOL, I think all I saw was the 13th

Quote:

Originally Posted by tony286 (Post 18340381)
sorry there arent enough 7 dollar an hour walmart jobs to fill the gap.

You don't think Barry should have a plan to lower the rate? He did spend a lot of money on it.

IllTestYourGirls 08-08-2011 03:34 PM

Quote:

Originally Posted by tony286 (Post 18340381)
sorry there arent enough 7 dollar an hour walmart jobs to fill the gap.

Whatever happened to the shovel ready jobs? What happened to the "summer of recovery?" (Last summer)

Bill8 08-08-2011 03:46 PM

Quote:

Originally Posted by The Demon (Post 18339166)
http://2.bp.blogspot.com/_hVkPhgN5Xs...ure_if_srs.jpg

Pretending to be objective AND live in reality=priceless.

Which part do you want to place a bet on? The only quantifiable prediction I made is the percentage - that would do.

Don't know what we would bet exactly.

But, yes, I do think I'm relatively realistic. I am not however objective.

I want a teapublican presidency to punish the american people, so as to wake them up. That is not objectivity.

IllTestYourGirls 08-08-2011 03:47 PM

Quote:

Originally Posted by Bill8 (Post 18340425)
Which part do you want to place a bet on? The only quantifiable prediction I made is the percentage - that would do.

Don't know what we would bet exactly.

But, yes, I do think I'm relatively realistic. I am not however objective.

I want a teapublican presidency to punish the american people, so as to wake them up. That is not objectivity.

Bush and Obama was not enough punishment? :Oh crap

Bill8 08-08-2011 03:50 PM

Oh right, we could bet on obama's re-election.

I hate that uncle tom, but sure, I would bet that he will be re-elected. Considering the clowns your side is putting up.

Please oh fuckin please let Perry be your guy - man that will be funny. America truly deserves Perry.

Maybe I'll have to buy some bitcoin for betting.

BlackCrayon 08-08-2011 03:54 PM

Quote:

Originally Posted by DaddyHalbucks (Post 18338688)
Big Business isn't perfect, but at least it produces SOMETHING of economic value.

35,000,000 Baby Mamas on welfare are only takers.

well these people spend all their money every month on all sorts of things. they aren't saving it or moving it offshore, etc. remove all that money out of the economy and it will hurt businesses.

Vendzilla 08-08-2011 04:07 PM

Quote:

Originally Posted by BlackCrayon (Post 18340440)
well these people spend all their money every month on all sorts of things. they aren't saving it or moving it offshore, etc. remove all that money out of the economy and it will hurt businesses.

You mean like the illegal aliens that send half their money or more to their families in Mexico with western union? Those people on welfare?

tony286 08-08-2011 04:11 PM

Quote:

Originally Posted by Vendzilla (Post 18340454)
You mean like the illegal aliens that send half their money or more to their families in Mexico with western union? Those people on welfare?

http://www.washingtonpost.com/wp-dyn...l?hpid=topnews
The Immigration and Customs Enforcement agency expects to deport about 400,000 people this fiscal year, nearly 10 percent above the Bush administration's 2008 total and 25 percent more than were deported in 2007. The pace of company audits has roughly quadrupled since President George W. Bush's final year in office.

Vendzilla 08-08-2011 04:17 PM

Quote:

Originally Posted by tony286 (Post 18340462)
http://www.washingtonpost.com/wp-dyn...l?hpid=topnews
The Immigration and Customs Enforcement agency expects to deport about 400,000 people this fiscal year, nearly 10 percent above the Bush administration's 2008 total and 25 percent more than were deported in 2007. The pace of company audits has roughly quadrupled since President George W. Bush's final year in office.

I know they have stepped up, still not enough, they allow santuary cities, I know I live in one. And the welfare roles have made it ipossible to deport the anshor baby problems.

And the funny thing is I have no problem with the ones that work, just not many of those. See them all the time, because for most thats the best they can do. At the local Home Depot, they built the day laborers a building to hang out in. I doubt any of them that use it are legal.

sperbonzo 08-08-2011 04:17 PM

Blaming the "TeA Baggers"

People that want to reduce government spending and stop the status quo of corrupt career politicians buying themselves into reelection with OUR MONEY...

Sure, the Democrats and the Republicans have been running up enormous debts over the last 40 years, and there has been no budget passed in almost 3 years....


......but lets blame 10 congressmen representing a loose group that has no actual structure and only showed up in the last 2 1/2 years....




.You guys are really buying the bullcrap.




.

tony286 08-08-2011 04:24 PM

Quote:

Originally Posted by Bill8 (Post 18340425)
Which part do you want to place a bet on? The only quantifiable prediction I made is the percentage - that would do.

Don't know what we would bet exactly.

But, yes, I do think I'm relatively realistic. I am not however objective.

I want a teapublican presidency to punish the american people, so as to wake them up. That is not objectivity.

You are so right, I want hard right to win it all.

tony286 08-08-2011 04:27 PM

Quote:

Originally Posted by sperbonzo (Post 18340475)
Blaming the "TeA Baggers"

People that want to reduce government spending and stop the status quo of corrupt career politicians buying themselves into reelection with OUR MONEY...

Sure, the Democrats and the Republicans have been running up enormous debts over the last 40 years, and there has been no budget passed in almost 3 years....


......but lets blame 10 congressmen representing a loose group that has no actual structure and only showed up in the last 2 1/2 years....




.You guys are really buying the bullcrap.




.

That's why over 60 percent of the american want cuts and taxes raised.THey had to power to vote for things so if they were there for one day they still had power. This is a teaparty down grade and it cost the citizens in this country over a trillion dollars in losses today.

Ice-nine 08-08-2011 04:33 PM

It might be crazy but everyone that I have talked to are blaming the Republicans.

IllTestYourGirls 08-08-2011 04:41 PM

Quote:

Originally Posted by tony286 (Post 18340490)
That's why over 60 percent of the american want cuts and taxes raised.THey had to power to vote for things so if they were there for one day they still had power. This is a teaparty down grade and it cost the citizens in this country over a trillion dollars in losses today.

Both parties are to blame. You have to be insane to be blaming 12ish% of congress (mostly freshman) for the failed leadership of Obama and the Senate Majority leader. You needed zero % of their votes to get the bill, Obama wanted or a bill negotiated with gop leaders, passed.

tony286 08-08-2011 05:05 PM

Quote:

Originally Posted by IllTestYourGirls (Post 18340512)
Both parties are to blame. You have to be insane to be blaming 12ish% of congress (mostly freshman) for the failed leadership of Obama and the Senate Majority leader. You needed zero % of their votes to get the bill, Obama wanted or a bill negotiated with gop leaders, passed.

Yeah Im insane, the first time ever a president wasnt given a clean one line raise the debt ceiling bill. It was held hostage by the tea party to cost the american citizens 1 trillion dollars today.

IllTestYourGirls 08-08-2011 05:10 PM

Quote:

Originally Posted by tony286 (Post 18340556)
Yeah Im insane, the first time ever a president wasnt given a clean one line raise the debt ceiling bill. It was held hostage by the tea party to cost the american citizens 1 trillion dollars today.

Did you agree when every single democrat voted NO to raise the debt ceiling in 2005 and in 2006? Were they holding America hostage then? Were they trying to destroy the United States then?

There is no way, other than a huge failure in leadership, that 10% of any party can hold the country "hostage". Put the blame where it lies, the leadership, Obama.

cykoe6 08-08-2011 05:10 PM

Quote:

Originally Posted by tony286 (Post 18340556)
Yeah Im insane, the first time ever a president wasnt given a clean one line raise the debt ceiling bill. It was held hostage by the tea party to cost the american citizens 1 trillion dollars today.

You seem to be spinning DNC talking points even harder than usual today. I guess the big government folks are feeling a little nervous as their swindle start to unravel.

BlackCrayon 08-08-2011 05:17 PM

Quote:

Originally Posted by Vendzilla (Post 18340454)
You mean like the illegal aliens that send half their money or more to their families in Mexico with western union? Those people on welfare?

I don't understand how illegal aliens get welfare. That shit doesn't fly here in Canada, not sure why the States put up with it.

kane 08-08-2011 05:23 PM

Quote:

Originally Posted by BlackCrayon (Post 18340581)
I don't understand how illegal aliens get welfare. That shit doesn't fly here in Canada, not sure why the States put up with it.

Most of them don't. That they do is just a talking point. There are some that do, but in order for them to get it they have to have a child here in America. that child would then be a US citizen and they could then get welfare/food stamps for that kid. I'm not 100% sure how that works. It would seem to me that if you are here illegally that as soon as you applied they would catch you and deport you. I wonder if many of these people are using fake SSN's etc. There was a woman that worked with a friend of mine for 15 years who turned out to be illegal. She had a fake SSN and used it to join a union, buy a house, get a car and lived a normal life. She was in the US for 20 years that way before she got caught. Still without fake documents or a kid born here you can't just come into the country and start getting welfare.

You can get free healthcare at the ER and urgent care centers. You can also hit up the food banks. Many of them have a legal friend that rents a place and then many others live with them.

Vendzilla 08-08-2011 05:27 PM

Quote:

Originally Posted by BlackCrayon (Post 18340581)
I don't understand how illegal aliens get welfare. That shit doesn't fly here in Canada, not sure why the States put up with it.

Happens here a lot, you don't have to show an ID to vote here either. Politicians are scum bags. Food assistance, Medicaid and welfare, they are a real drain on this country and when they do get money, they hit up the local western union and send to relatives in Mexico, it's a lose lose for the US to have them here.
The ones that have jobs are using false identity, you know, identity theft?

Vendzilla 08-08-2011 05:31 PM

Quote:

Originally Posted by kane (Post 18340591)
Most of them don't. That they do is just a talking point. There are some that do, but in order for them to get it they have to have a child here in America. that child would then be a US citizen and they could then get welfare/food stamps for that kid. I'm not 100% sure how that works. It would seem to me that if you are here illegally that as soon as you applied they would catch you and deport you. I wonder if many of these people are using fake SSN's etc. There was a woman that worked with a friend of mine for 15 years who turned out to be illegal. She had a fake SSN and used it to join a union, buy a house, get a car and lived a normal life. She was in the US for 20 years that way before she got caught. Still without fake documents or a kid born here you can't just come into the country and start getting welfare.

You can get free healthcare at the ER and urgent care centers. You can also hit up the food banks. Many of them have a legal friend that rents a place and then many others live with them.

cost of an anchor baby, lets see $10,000 just an easy birth
then there are food programs, yes welfare, one county reported in cost and the article was pulled 2 days later from the internet site.
Extra bilingual teachers for the schools, anyone that's had a kid grow up in California, knows how fucked it is.

You have to remember how many sanctuary cites are in the US that allow this shit

Vendzilla 08-08-2011 05:34 PM

Quote:

Originally Posted by BlackCrayon (Post 18340581)
I don't understand how illegal aliens get welfare. That shit doesn't fly here in Canada, not sure why the States put up with it.

ok, founds this, wasn't hard

WELFARE COSTS FOR CHILDREN OF ILLEGAL ALIENS IN L.A. COUNTY OVER $48 MILLION IN JUNE
August 11, 2009?Figures from the Department of Public Social Services show that children of illegal aliens in Los Angeles County collected nearly $22 million in welfare and over $26 million in food stamps in June, announced Los Angeles County Supervisor Michael D. Antonovich. Projected over a 12 month period ? this would exceed $575 million dollars.

Annually the cost of illegal immigration to Los Angeles County taxpayers exceeds over $1 billion dollars, which includes $350 million for public safety, $400 million for healthcare, and $500 million in welfare and food stamps allocations. Twenty-four percent of the County?s total allotment of welfare and food stamp benefits goes directly to the children of illegal aliens born in the United States.

?Illegal immigration continues to have a catastrophic impact on Los Angeles County taxpayers,? said Antonovich. ?The total cost for illegal immigrants to County taxpayers exceeds $1 billion a year ? not including the millions of dollars for education.?

http://antonovich.co.la.ca.us/Pages/...%20081109.html

kane 08-08-2011 05:48 PM

Quote:

Originally Posted by Vendzilla (Post 18340604)
cost of an anchor baby, lets see $10,000 just an easy birth
then there are food programs, yes welfare, one county reported in cost and the article was pulled 2 days later from the internet site.
Extra bilingual teachers for the schools, anyone that's had a kid grow up in California, knows how fucked it is.

You have to remember how many sanctuary cites are in the US that allow this shit

Don't get me wrong I realize that they are a burden on the system. Like you said, add in all the extras that go along with it and it can be expensive.

I live in an area where we have a lot of migrant workers. If you go into any urgent care center around here chances are most of the people in there only speak Spanish. In my town the grade school now has two classes for each grade K-4. One of them is a normal class taught in English. The other is a split class where half is in English and half is in Spanish. So if the English only one fills up, your kid might get stuck in the half/half and be learning Spanish. That's not a terrible thing, but if your kid has trouble learning it could cause them just that much more problems.

My point was that it isn't as easy as some would make it out to be. You don't just walk across the border and walk into a welfare office and they hand you money and food stamps no matter who you are.

2MuchMark 08-08-2011 05:53 PM

Republicans deserve the blame because they tied the debt ceiling with spending cuts and refused to budge on it, threatening to destroy the world economy just so they could get their way.

Obama deserves the blame because he wimped out and gave in to them yet again. He should have taken advantage of the 14th Amendment and raised the debt ceiling himself as soon as the republicans started stirring up this shit.

They both deserve the blame because the credit rating downgrade is now nothing to do with the debt ceiling. Instead is has everything to do with stupid childishness on both sides to settle what should have been a very simple issue. Both the Dems and the Gop's have embarrassed the US in the eyes of the world. These 2 bozoz owe the world over 14 Trillion dollars and they can't even work together to solve what should be a simple problem. Total fucking bullshit.

Obama is all brains, but no brawn. He should have put a choke hold on Boehner the minute he asked to have the Bush tax cuts extended.

Minte 08-08-2011 06:02 PM

Quote:

Originally Posted by ********** (Post 18340645)
Republicans deserve the blame because they tied the debt ceiling with spending cuts and refused to budge on it, threatening to destroy the world economy just so they could get their way.

Obama deserves the blame because he wimped out and gave in to them yet again. He should have taken advantage of the 14th Amendment and raised the debt ceiling himself as soon as the republicans started stirring up this shit.

They both deserve the blame because the credit rating downgrade is now nothing to do with the debt ceiling. Instead is has everything to do with stupid childishness on both sides to settle what should have been a very simple issue. Both the Dems and the Gop's have embarrassed the US in the eyes of the world. These 2 bozoz owe the world over 14 Trillion dollars and they can't even work together to solve what should be a simple problem. Total fucking bullshit.

Obama is all brains, but no brawn. He should have put a choke hold on Boehner the minute he asked to have the Bush tax cuts extended.

You make the assumption that borrowing and wasting more money with no idea how to repay it was the right call. You are wrong.
The democrats know that simply raising taxes on the wealthy doesn't come close to paying down the debt. The only possibility is the hard one for democrats and that is trim entitlement spending. The easy one is cut down on military spending and that will happen.

The Demon 08-08-2011 06:06 PM

Quote:

Originally Posted by ********** (Post 18340645)
Republicans deserve the blame because they tied the debt ceiling with spending cuts and refused to budge on it, threatening to destroy the world economy just so they could get their way.

Obama deserves the blame because he wimped out and gave in to them yet again. He should have taken advantage of the 14th Amendment and raised the debt ceiling himself as soon as the republicans started stirring up this shit.

They both deserve the blame because the credit rating downgrade is now nothing to do with the debt ceiling. Instead is has everything to do with stupid childishness on both sides to settle what should have been a very simple issue. Both the Dems and the Gop's have embarrassed the US in the eyes of the world. These 2 bozoz owe the world over 14 Trillion dollars and they can't even work together to solve what should be a simple problem. Total fucking bullshit.

Obama is all brains, but no brawn. He should have put a choke hold on Boehner the minute he asked to have the Bush tax cuts extended.

So the Republicans didn't budge, but Obama did, and he's all brains. Those are your points, correct. Gee, I can't imagine why anyone would want to debate politics with you. It has nothing to do you being utterly clueless and retarded, I'm sure.

Adam_M 08-08-2011 07:03 PM

The S&P downgrade means shit really, aren't they the same jackasses the gave all those dodgy housing bonds a AAA rating just a few short years ago and helped create this mess in the first place?

Take a look at the USD against all the major currencies right now, money is flooding back as the big end of town still sees US Treasury Bond as a safe place to park money with the world markets in the mess they are.

Matt 26z 08-08-2011 07:15 PM

Quote:

Originally Posted by DaddyHalbucks (Post 18338658)
If Obama gets half the blame he deserves --he will be bounced out on his ass in the next election.

The congressional approval rating is down to just 6%; its lowest in history. It is going to be damn near impossible for the Republicans to take the White House unless this figure improves.

The catch-22 for Republicans is that if the figure improves, that means the economy is improving..... which in turn highly raises the probability of an Obama re-election.

Vendzilla 08-08-2011 07:39 PM

Quote:

Originally Posted by kane (Post 18340637)
My point was that it isn't as easy as some would make it out to be. You don't just walk across the border and walk into a welfare office and they hand you money and food stamps no matter who you are.

Actually, yes you can, those services are set up to make it easy and there are networks that teach the illegals how to make the best of it.

Quote:

Originally Posted by Matt 26z (Post 18340774)
which in turn highly raises the probability of an Obama re-election.

They have been saying it's improving for how long, how much would the unemployment rate have to improve so make Barry look good?

J. Falcon 08-08-2011 07:45 PM

The 8 years Bush was president he really drove the USA into the ground and inside a hole it cannot get out of fast enough. And everyone knows this is true, thought republicans obviously will not admit it.


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