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reply posted on 6-8-2011 @ 09:26 AM by newcovenant

Originally posted by macman

Originally posted by newcovenant
reply to post by macman

If there wasn't all the unwanted attention regarding the debt ceiling we would have had an increase in our credit rating and borrowing power. Some say this is like a death knell but it is no worse than before...when you are already in this much debt, a couple trillion more hardly makes a ripple.

We might have had a little more world confidence and whether or not we could make good in it...the world would see we fully are responsible and can handle our debt.

This may not be true. But what good is pointing this out to our creditors. Why not do what everyone else does. Quietly move and change our phone numbers.

I say lighten up. The damage is already done.
Arguing with me won't repair it.

Ah, whats a trillion here, several billion there. Spread the wealth, right??
So again, Obama had nothing to do with this.

But wait, the Obama team is screaming from the mountain tops that the issue way reside with a calculations error of 2 trillion dollars.

Oh wait, I forgot. Merely just a drop in the bucket.

So which is it.

What it is.... is the US had a couple of trillion surplus before Bush took office.
You going to tell me right now he had nothing to do with this mess? Wait...let me get you a link...

reply posted on 6-8-2011 @ 09:29 AM by Janky Red

Originally posted by GeorgiaGirl

Originally posted by HunkaHunka
reply to post by sonofliberty1776

Nope... but he does blame the tax cuts... that originated in that admin.

He pointed to the decision by Congress about whether to extend the 2001 and 2003 tax cuts as one crucial area. "If you let them lapse for the high-income earners, that could give you another $950 billion," he said.

If you quote that one more time I am going to scream. It's like you can only say the same thing over and over again.

It does not make your argument stronger to repeat it over and over. It's like arguing with a toddler.

Well, if it the reason from the move, it could be repeated a million times and still be true. If someone is trying to
bury the truth, it only makes sense to mind people of the truth.

reply posted on 6-8-2011 @ 09:29 AM by Onewhoknowsjesus

just to put it all in to the most simplest perspective,We the American people all knew bush and his administration was running this country into the ground and we all stood by and did nothing,because we as Americans blindly think our governments branches are out to serve our better interest,that also being said, we were to complacent to living: "high of the hog" that we just did not care about the cancer our government contracted and have been hence forth watching the slow decay of our rights,morals,and values that once made America great.It's much to late to turn things around and the fiends have gained their moment of gratification,while all us down below wait to be nothing more the a burnt offering on their altars of gluttony,The truth is this world belongs to a concept,not any god,or devil,not some supreme alien race,not even a group of over zealous zionist,but a concept,and idea that places tyranny,selfishness,and self gratification above the value of life itself.....and people wonder?speculate,even goes as far as to lie to themselves daily so they can feel better about themselves or their situation,bunch of hypocritical bull patties,I am most likely defecting to Canada at least they get health care or maybe we should motion to live in any country of our choosing....oh wait...lol the USA is the only country that allows foreign peoples to work and live here 10 years of tax free pay,hey try moving to any country lately?we are being gated in well all that being said no ones listening anyways so why wast my time,air,and peace of mind trying to send out wake up calls to my fellow Americans

reply posted on 6-8-2011 @ 09:31 AM by Janky Red

Originally posted by Rockdisjoint
S&P's opinion really means nothing.

They're the same rating agency they gave bad mortgage paper triple A ratings and they also allow Germany, France and the UK to keep their triple A rating. While U.S debt, as a percentage of GDP, is much lower than all of theirs.

We agree on this... Let us hope this blows over, S&P can kiss my butt

reply posted on 6-8-2011 @ 09:31 AM by Rockstrongo37

reply to post by HunkaHunka

What in the world are you ranting about with the GOP? Are you so ignorant of the fact that we have a Democrat in the Whitehouse? Have you forgotten that the Democrats were in control of both houses since 2006, and are still in control of the Senate?

Honestly, you destroy your credibility in this kind of debate by blasting the GOP but not the Democrats. Both parties have failed us miserably, and our President has spent more than any President in history...in fact he has spent more than all the other Presidents together.

So please, put the blame where the blame belongs, in both political parties, and I am so sorry to point this out, but Obama is ultimately responsible for this and in my opinion should be impeached for this failure.

My hope is that for the rest of his term he spends less time playing golf and having those "hip hop" BBQ's that he hosts for all his rich Hollywood friends, and spends a little more time dealing with this mess.

reply posted on 6-8-2011 @ 09:32 AM by newcovenant

reply to post by macman

reply to post by Rockstrongo37

What in the world are you ranting about with the GOP? Are you so ignorant of the fact that we have a Democrat in the Whitehouse?

Whats with the name calling and disparaging remarks?
Why does this RIGHT (?)

side... always resort to those ugly, nasty personally attacking tactics?
Have you no legit argument?

The surpluses were so strong that deep into the future—in 2009—the entire national debt was going to be zero. For the first time since Andy Jackson was president, the United States of America would not owe a dime.

It was instead a Republican House, a Republican Senate, and a Republican president who squandered the surplus.
In full possession of the federal government for the first time since Eisenhower, the GOP—with, to be fair, some help from some very foolish Democrats—systematically dismantled the economic and fiscal policies that produced the strongest economy and largest budget surplus in our history.
Specifically, they did four things:
1. cut taxes
(with a heavy tilt toward the rich),
2. waged two wars
on the national credit card (one of which was against a country that had nothing to do with 9/11 and posed no serious threat to America),
3. passed a prescription drug benefit with no pay-for
(the first entitlement in American history without a revenue source), and
4. deregulated Wall Street
(which helped turn the American economy into a casino and touched off the Great Recession) www.thedailybeast.com...

If the Bush-era tax cuts are renewed next year, that policy will by 2019 be the single largest contributor to the nation's public debt -- "the sum of annual budget deficits, minus annual surpluses" -- according to new analysis from the non-partisan Center for Budget and Policy Priorities. These tax breaks, combined with the cost of fighting wars in Iraq and Afghanistan, will account for nearly half the public debt in 2019, measured as a percentage of economic output, the CBPP's analysis shows. Even the cost of the economic downturn, combined with the cost of the legislation passed to stem the damage, won't be as burdensome as the weight of the Bush-era tax cuts www.huffingtonpost.com...

edit on 6-8-2011 by newcovenant because: (no reason given)

reply posted on 6-8-2011 @ 09:35 AM by macman

reply to post by Flatfish

Love hearing the surplus argument brought up.

You do realize that the surplus was smoke and mirrors?

But, believing that it was not, the surplus was nothing more then tax dollars, taken from tax payers. It was not and is not the Govt's money. So the surplus should have never been.

But, even with that. It is a combined effort steaming back all the way the creation of the great society.

reply posted on 6-8-2011 @ 09:36 AM by Janky Red

reply to post by beezzer

Not defending Obama...

I am fighting your grandstanding and lies

Just because I don't like Obama's policies, doesn't mean I like your policies anymore

Especially since all of you enlightened folks are the ones who looked the other way for nearly a decade
without a peep.

and now...

edit on 6-8-2011 by Janky Red because: (no reason given)

reply posted on 6-8-2011 @ 09:36 AM by newcovenant

reply to post by macman

Love hearing the surplus argument brought up.

I would have loved it a whole lot more if there were any to bring up these days.

reply posted on 6-8-2011 @ 09:39 AM by macman

Originally posted by newcovenant

Originally posted by macman

Originally posted by newcovenant
reply to post by macman

If there wasn't all the unwanted attention regarding the debt ceiling we would have had an increase in our credit rating and borrowing power. Some say this is like a death knell but it is no worse than before...when you are already in this much debt, a couple trillion more hardly makes a ripple.

We might have had a little more world confidence and whether or not we could make good in it...the world would see we fully are responsible and can handle our debt.

This may not be true. But what good is pointing this out to our creditors. Why not do what everyone else does. Quietly move and change our phone numbers.

I say lighten up. The damage is already done.
Arguing with me won't repair it.

Ah, whats a trillion here, several billion there. Spread the wealth, right??
So again, Obama had nothing to do with this.

But wait, the Obama team is screaming from the mountain tops that the issue way reside with a calculations error of 2 trillion dollars.

Oh wait, I forgot. Merely just a drop in the bucket.

So which is it.

What it is.... is the US had a couple of trillion surplus before Bush took office.
You going to tell me right now he had nothing to do with this mess? Wait...let me get you a link...

Never said it was not Bush fault, but not solely. Sorry, doesn't fly.

reply posted on 6-8-2011 @ 09:45 AM by Flatfish

Originally posted by beezzer
reply to post by angeldoll

*egads*
I can't believe that you can ignore the spending that brought us here.
Obama has been president for the past 3 years. He's had a checkbook with the mindset that, "I can't be overdrawn, I still have checks."

Blame Bush, blame the Tea Party, but you'll just make yourself look foolish.

Beezer, what you seem to be missing here is the fact that, it's Standard & Poors who is currently blaming the Tea Party/GOP for our downgrade, so we don't have to.

Seems to me that Standard & Poors specifically listed the continuing Bush tax cuts, (Tea Part/GOP refusal to consider revenue increases) insufficient spending cuts, (remember when Boehner walked away from the big 4.7 trillion deal?) and an unusually combative atmosphere with the U.S. Congress that has arisen since the infusion of the Tea Party influence in the House of Representatives.

Wake up! It's the whole friggin world that's blaming the Tea Party/GOP. I hate to burst your bubble but, it's not those who are blaming the T.P./GOP who are looking foolish right now, it's those who are defending them.

reply posted on 6-8-2011 @ 09:45 AM by newcovenant

reply to post by macman

Never said it was not Bush fault, but not solely. Sorry, doesn't fly.

You are right there. The man was too stupid to do anything all by himself ...including get us into this mess. He had sponsors and puppeteers pulling the strings, don't you worry about that. Now we are all paying for it. Look how quiet he is. Doesn't show his face because he knows what he did.

I screwed you all, but thanks for blaming it on the black guy.

Obama may not be perfect, but he sure as hell isn't Bush www.facebook.com...-YOU-ALL-but-thanks-for-blaming-it-on-the-black-guy/128990393786049

edit on 6-8-2011 by newcovenant because: (no reason given)

reply posted on 6-8-2011 @ 09:45 AM by macman

Originally posted by Janky Red
reply to post by beezzer

Not defending Obama...

I am fighting your grandstanding and lies

Just because I don't like Obama's policies, doesn't mean I like your policies anymore

Especially since all of you enlightened folks are the ones who looked the other way for nearly a decade
without a peep.

and now...

edit on 6-8-2011 by Janky Red because: (no reason given)

Without a peep???
Surely you jest.

Bush's spending was outrageous, Clinton was a joke and Obama is just compounding the issue.

reply posted on 6-8-2011 @ 09:46 AM by Rockstrongo37

reply to post by newcovenant

Grow up please, pointing out the author's ignorance isnt insulting just simply stating a fact here.

reply posted on 6-8-2011 @ 09:46 AM by Cantmakedisup

reply to post by beezzer

Tis not a shallow nor a baseless act to blame republicans for the FACTS of the matter are as stands;
Under Obama, $1.4 trillion in new spending has been authorized.
Under Bush $5 trillion in new spending was authorized.
Obama is a democrat.
Bush is a republican.
Hmmmmmmm. Doesn't take a genius to figure this one out...

www.theatlantic.com...

reply posted on 6-8-2011 @ 09:46 AM by macman

Originally posted by newcovenant
reply to post by macman

Sorry, doesn't fly.

You are right there. The man was too stupid to do anything all by himself ...including get us into this mess.
He had sponsors and puppeteers pulling the strings, don't you worry about that. Now we are paying for it.

I screwed you all, but thanks for blaming it on the black guy.

Yep, always the black guy huh??

That's what it is all about.

reply posted on 6-8-2011 @ 09:48 AM by newcovenant

reply to post by macman

What big eyes you have...said Little Red Riding Hood to the wolf.
And I say to you.

reply posted on 6-8-2011 @ 09:49 AM by GeorgiaGirl

YouTube Link

I love Marco Rubio. If you haven't listened to his speech, you need to.

reply posted on 6-8-2011 @ 09:50 AM by Janky Red

Originally posted by macman

Originally posted by Janky Red
reply to post by beezzer

Not defending Obama...

I am fighting your grandstanding and lies

Just because I don't like Obama's policies, doesn't mean I like your policies anymore

Especially since all of you enlightened folks are the ones who looked the other way for nearly a decade
without a peep.

and now...

edit on 6-8-2011 by Janky Red because: (no reason given)

Without a peep???
Surely you jest.

Bush's spending was outrageous, Clinton was a joke and Obama is just compounding the issue.

Do you think we would be in this station had you and TEA party taken the same approach at this point in 2003?

No

There would have been too many of us complaining...

Now, I am not even sure

reply posted on 6-8-2011 @ 09:51 AM by type0civ

reply to post by HunkaHunka

Very interesting. To me it sounds almost as if Obama is being publicly punished for not carrying out the plans of some elite puppet masters. Alex Jones material here, right?