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On August 06 2011 10:12 EnderCraft wrote:Show nested quote +On August 06 2011 10:01 DKR wrote:On August 06 2011 09:58 On_Slaught wrote:
I hope the tea party people are happy. This. The Tea Party is less than 20% of congress. Please don't be so naive to think that this is all the Tea Party's fault.... They're apart of the problem, but so is the rest of our government. All of them...
err, yes it is. They can effectively block any legislation because of the ruckus and noise they make. It's even worse in the Senate where one person can effectively lockdown the entire Senate because of the current filibuster rules.
The Democrats brought an extremely conservative budget with 4 trillion in cuts across the board including SS/Medicare/Medicaid but since it had 1 trillion dollars in tax revenue, the GOP whole-scale rejected it. The Tea Party is going to destroy America.
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Sucks for the US but it was to be expected. A lot fo you got it right, though, vote those incompetent idiots who brought you into this mess out of office!
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On August 06 2011 17:06 0mar wrote:Show nested quote +On August 06 2011 10:12 EnderCraft wrote:On August 06 2011 10:01 DKR wrote:On August 06 2011 09:58 On_Slaught wrote:
I hope the tea party people are happy. This. The Tea Party is less than 20% of congress. Please don't be so naive to think that this is all the Tea Party's fault.... They're apart of the problem, but so is the rest of our government. All of them... err, yes it is. They can effectively block any legislation because of the ruckus and noise they make. It's even worse in the Senate where one person can effectively lockdown the entire Senate because of the current filibuster rules. The Democrats brought an extremely conservative budget with 4 trillion in cuts across the board including SS/Medicare/Medicaid but since it had 1 trillion dollars in tax revenue, the GOP whole-scale rejected it. The Tea Party is going to destroy America.
Are you saying that the democrats wanted to put more money into the budget with new taxes in order to take more money out of the budget with cuts? That doesn't sound right, even to me.
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On August 06 2011 17:25 nemo14 wrote:Show nested quote +On August 06 2011 17:06 0mar wrote:On August 06 2011 10:12 EnderCraft wrote:On August 06 2011 10:01 DKR wrote:On August 06 2011 09:58 On_Slaught wrote:
I hope the tea party people are happy. This. The Tea Party is less than 20% of congress. Please don't be so naive to think that this is all the Tea Party's fault.... They're apart of the problem, but so is the rest of our government. All of them... err, yes it is. They can effectively block any legislation because of the ruckus and noise they make. It's even worse in the Senate where one person can effectively lockdown the entire Senate because of the current filibuster rules. The Democrats brought an extremely conservative budget with 4 trillion in cuts across the board including SS/Medicare/Medicaid but since it had 1 trillion dollars in tax revenue, the GOP whole-scale rejected it. The Tea Party is going to destroy America. Are you saying that the democrats wanted to put more money into the budget with new taxes in order to take more money out of the budget with cuts? That doesn't sound right, even to me.
It was 4 trillion dollars in cuts with 1 trillion dollars in added revenue to offset the cuts.
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On August 06 2011 17:26 0mar wrote:Show nested quote +On August 06 2011 17:25 nemo14 wrote:On August 06 2011 17:06 0mar wrote:On August 06 2011 10:12 EnderCraft wrote:On August 06 2011 10:01 DKR wrote:On August 06 2011 09:58 On_Slaught wrote:
I hope the tea party people are happy. This. The Tea Party is less than 20% of congress. Please don't be so naive to think that this is all the Tea Party's fault.... They're apart of the problem, but so is the rest of our government. All of them... err, yes it is. They can effectively block any legislation because of the ruckus and noise they make. It's even worse in the Senate where one person can effectively lockdown the entire Senate because of the current filibuster rules. The Democrats brought an extremely conservative budget with 4 trillion in cuts across the board including SS/Medicare/Medicaid but since it had 1 trillion dollars in tax revenue, the GOP whole-scale rejected it. The Tea Party is going to destroy America. Are you saying that the democrats wanted to put more money into the budget with new taxes in order to take more money out of the budget with cuts? That doesn't sound right, even to me. It was 4 trillion dollars in cuts with 1 trillion dollars in added revenue to offset the cuts.
If by "revenue" you mean "taxes" then why didn't they propose cutting 3 trillion and not adding any burden to the taxpayers at all? Why do the cuts need to be offset?
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Job markets so fucking shitty I wonder if things can pick up one day, sad to see things just continuing to get worse because we all choose to pick horrible leaders, or maybe there just is never a good alternative to those shown to us. Hate to see all of us average Americans having to deal with shit like this since we aren't the ones that got any benefit before our economic downfall. May not be right but fuck I hate rich people in this country.
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On August 06 2011 17:31 nemo14 wrote:Show nested quote +On August 06 2011 17:26 0mar wrote:On August 06 2011 17:25 nemo14 wrote:On August 06 2011 17:06 0mar wrote:On August 06 2011 10:12 EnderCraft wrote:On August 06 2011 10:01 DKR wrote:On August 06 2011 09:58 On_Slaught wrote:
I hope the tea party people are happy. This. The Tea Party is less than 20% of congress. Please don't be so naive to think that this is all the Tea Party's fault.... They're apart of the problem, but so is the rest of our government. All of them... err, yes it is. They can effectively block any legislation because of the ruckus and noise they make. It's even worse in the Senate where one person can effectively lockdown the entire Senate because of the current filibuster rules. The Democrats brought an extremely conservative budget with 4 trillion in cuts across the board including SS/Medicare/Medicaid but since it had 1 trillion dollars in tax revenue, the GOP whole-scale rejected it. The Tea Party is going to destroy America. Are you saying that the democrats wanted to put more money into the budget with new taxes in order to take more money out of the budget with cuts? That doesn't sound right, even to me. It was 4 trillion dollars in cuts with 1 trillion dollars in added revenue to offset the cuts. If by "revenue" you mean "taxes" then why didn't they propose cutting 3 trillion and not adding any burden to the taxpayers at all? Why do the cuts need to be offset?
Because that decreases the deficit by 3B, 4B cut with 1B tax decreases it by 5B...
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There's no real point in trying to place the blame on any one person or party. I can see why a lot of people put a lot of blame on the Tea Party, but it's not as if they encompass the entire GOP. The compromise we saw should have come weeks or even months earlier, but both sides decided to cause drama.
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Just watch treasuries on monday.
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On August 06 2011 17:31 nemo14 wrote:Show nested quote +On August 06 2011 17:26 0mar wrote:On August 06 2011 17:25 nemo14 wrote:On August 06 2011 17:06 0mar wrote:On August 06 2011 10:12 EnderCraft wrote:On August 06 2011 10:01 DKR wrote:On August 06 2011 09:58 On_Slaught wrote:
I hope the tea party people are happy. This. The Tea Party is less than 20% of congress. Please don't be so naive to think that this is all the Tea Party's fault.... They're apart of the problem, but so is the rest of our government. All of them... err, yes it is. They can effectively block any legislation because of the ruckus and noise they make. It's even worse in the Senate where one person can effectively lockdown the entire Senate because of the current filibuster rules. The Democrats brought an extremely conservative budget with 4 trillion in cuts across the board including SS/Medicare/Medicaid but since it had 1 trillion dollars in tax revenue, the GOP whole-scale rejected it. The Tea Party is going to destroy America. Are you saying that the democrats wanted to put more money into the budget with new taxes in order to take more money out of the budget with cuts? That doesn't sound right, even to me. It was 4 trillion dollars in cuts with 1 trillion dollars in added revenue to offset the cuts. If by "revenue" you mean "taxes" then why didn't they propose cutting 3 trillion and not adding any burden to the taxpayers at all? Why do the cuts need to be offset?
4 trillion in spending cuts plus additional 1 trillion in tax revenue. That's a total of 5 trillion saved, twice as much as the 2.4 trillion from the deal.
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All I can really tell is that the next election year is going to be pretty interesting. It's hard to understand what this all means for normal people like us, but it just goes to show how incompetent our current leaders are lol.
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So much fail. I wish I wasn't American 
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I believe this downgrade reflects reality but I believe the USA can turn things around. With the great entrepreneurial spirit your citizens have this downgrade will only last months.
A few tips to bring in cash to the government:
privatize/sell out the public postal system (United States Postal Service) and Amtrak.
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On August 06 2011 17:31 nemo14 wrote:Show nested quote +On August 06 2011 17:26 0mar wrote:On August 06 2011 17:25 nemo14 wrote:On August 06 2011 17:06 0mar wrote:On August 06 2011 10:12 EnderCraft wrote:On August 06 2011 10:01 DKR wrote:On August 06 2011 09:58 On_Slaught wrote:
I hope the tea party people are happy. This. The Tea Party is less than 20% of congress. Please don't be so naive to think that this is all the Tea Party's fault.... They're apart of the problem, but so is the rest of our government. All of them... err, yes it is. They can effectively block any legislation because of the ruckus and noise they make. It's even worse in the Senate where one person can effectively lockdown the entire Senate because of the current filibuster rules. The Democrats brought an extremely conservative budget with 4 trillion in cuts across the board including SS/Medicare/Medicaid but since it had 1 trillion dollars in tax revenue, the GOP whole-scale rejected it. The Tea Party is going to destroy America. Are you saying that the democrats wanted to put more money into the budget with new taxes in order to take more money out of the budget with cuts? That doesn't sound right, even to me. It was 4 trillion dollars in cuts with 1 trillion dollars in added revenue to offset the cuts. If by "revenue" you mean "taxes" then why didn't they propose cutting 3 trillion and not adding any burden to the taxpayers at all? Why do the cuts need to be offset?
I think your problem was just pinpointed, America
Now let's all get together and have a countries with massive deficits party, mine is invited too sadly!
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Politics in the US are such a mess... which is scary because Europe seems to always follow their trends a few years later.
But seriously, some of the most powerful men in this country are also some of their stupidest, most mediocre people. These people are supposed to be the elite...
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Here comes the second civil war! Republicans vs Democrats! For every second they waste things are getting worse, if the Democrats try and do anything then they will fall out of favour and Republicans will take over. Then the Republicans will just brush the problems into a corner again and act like the US is still the greatest nation in the world.
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On August 06 2011 17:54 Hakker wrote:
All I can really tell is that the next election year is going to be pretty interesting. It's hard to understand what this all means for normal people like us, but it just goes to show how incompetent our current leaders are lol.
2012 election won't change much.
The same idiots who voted in the current congress are going to be voting again. They may pick different candidates, but the current political environment fosters stupid leaders.
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Wow this is such a big deal. I'm wondering where investors will go and everything seems shaky. Sovereign bonds are shaky, stocks will be shaken by this news too, real estate people still seem to not trust it after the 2008 crash. Seems like gold or the CHF is the only semi-decent investment to at least preserve your money.
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United States43591 Posts
On August 06 2011 17:31 nemo14 wrote:Show nested quote +On August 06 2011 17:26 0mar wrote:On August 06 2011 17:25 nemo14 wrote:On August 06 2011 17:06 0mar wrote:On August 06 2011 10:12 EnderCraft wrote:On August 06 2011 10:01 DKR wrote:On August 06 2011 09:58 On_Slaught wrote:
I hope the tea party people are happy. This. The Tea Party is less than 20% of congress. Please don't be so naive to think that this is all the Tea Party's fault.... They're apart of the problem, but so is the rest of our government. All of them... err, yes it is. They can effectively block any legislation because of the ruckus and noise they make. It's even worse in the Senate where one person can effectively lockdown the entire Senate because of the current filibuster rules. The Democrats brought an extremely conservative budget with 4 trillion in cuts across the board including SS/Medicare/Medicaid but since it had 1 trillion dollars in tax revenue, the GOP whole-scale rejected it. The Tea Party is going to destroy America. Are you saying that the democrats wanted to put more money into the budget with new taxes in order to take more money out of the budget with cuts? That doesn't sound right, even to me. It was 4 trillion dollars in cuts with 1 trillion dollars in added revenue to offset the cuts. If by "revenue" you mean "taxes" then why didn't they propose cutting 3 trillion and not adding any burden to the taxpayers at all? Why do the cuts need to be offset?
Because 4+1 = 5 whereas 3+0 = 3. 5 > 3.
If you're a member of the American electorate then I think I'm beginning to understand why the credit rating is getting downgraded.
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In my eyes (an outsider to USA), your whole country seems to be in a deadlock. Democrats are blaming the republicans and republicans are blaming the democrats.
Who cares who is wrong and who is right, what you need to do is work out a solution. You can assign the blame later, in the next elections.
Republicans control the house, and democrats control the senate. If you can't end the blame game and start doing something, then you will stay in a deadlock for a long time.
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EPT
