The Glade 4.0

Dude... This bag of rancid donkey cum, pathetic excuse of a man just tried saying that the ratings of an agency do not matter to us, from what I understand, because we are american.

And the ****'tard in chief's response is.....wait for it....wait for it....spend more!!!!

http://nation.foxnews.com/president-oba ... e-spending

/facepalm

Who wants to name Obama's new, exotic language?

Do you ever wonder why the D's have been inerrant about not having anything in writing that could later be looked at as defining their position? Doesn't it intrigue you a bit as to why they would have such a stance, RD? Why is "showing a lot of leg" sufficient for good faith negotiations before the American people?

Did you stop to consider that Boehner said, "Great! We're on board with that. Now, let's get into the details..." as they left the meeting room, then Obama started dealing with the D's and found out the deal wasn't sell-able to them, so he made the $500 billion tax increase call to Boehner's VM in order to shit-can the whole thing ?

Yes, it's certainly possible that this happened. Don't you think it's also possible that Boehner knew that due to the Tea Party's influence, he'd never be able to pass anything that involved any kind of tax increases whatsoever, and thus refused to consider any deal that included them?

Yep how dare those Tea party folks hold true to the position that got them elected, don't they know they are supposed to sell out? The never of some people, holding true to their elected positions.

Facism is not a school of thought, it is a racial slur.

Do you ever wonder why the D's have been inerrant about not having anything in writing that could later be looked at as defining their position? Doesn't it intrigue you a bit as to why they would have such a stance, RD? Why is "showing a lot of leg" sufficient for good faith negotiations before the American people?

Did you stop to consider that Boehner said, "Great! We're on board with that. Now, let's get into the details..." as they left the meeting room, then Obama started dealing with the D's and found out the deal wasn't sell-able to them, so he made the $500 billion tax increase call to Boehner's VM in order to shit-can the whole thing ?

And if they just kept merrily raising the debt ceiling nothing bad would happen? So by that logic then just doing away with it, and going no limits, would have ensued prosperity?

Nope; by that logic, S&P would not have downgraded the US at this time. You're strawmanning.

Facism is not a school of thought, it is a racial slur.

Nope; by that logic, S&P would not have downgraded the US at this time. You're strawmanning.

And do you think anyone in congress, much less any democrat had a plan to prevent this inevitability? Maybe we can read it! Oh wait no one wrote one!

Setting aside for the the moment any objection to the "out of control" characterization - how was it different from the prior 60 days (or 60 months)? The only salient change in the last year has been the political situation.

Rationale
We lowered our long-term rating on the U.S. because we believe that the
prolonged controversy over raising the statutory debt ceiling and the related
fiscal policy debate indicate that further near-term progress containing the
growth in public spending, especially on entitlements, or on reaching an
agreement on raising revenues is less likely than we previously assumed and
will remain a contentious and fitful process. We also believe that the fiscal
consolidation plan that Congress and the Administration agreed to this week
falls short of the amount that we believe is necessary to stabilize the
general government debt burden by the middle of the decade.

Our lowering of the rating was prompted by our view on the rising public
debt burden and our perception of greater policymaking uncertainty, consistent
with our criteria (see "Sovereign Government Rating Methodology and Assumptions
," June 30, 2011, especially Paragraphs 36-41). Nevertheless, we view the U.S.
federal government's other economic, external, and monetary credit attributes,
which form the basis for the sovereign rating, as broadly unchanged.

We have taken the ratings off CreditWatch because the Aug. 2 passage of
the Budget Control Act Amendment of 2011 has removed any perceived immediate
threat of payment default posed by delays to raising the government's debt
ceiling. In addition, we believe that the act provides sufficient clarity to
allow us to evaluate the likely course of U.S. fiscal policy for the next few
years.

The political brinksmanship of recent months highlights what we see as
America's governance and policymaking becoming less stable, less effective,
and less predictable than what we previously believed. The statutory debt
ceiling and the threat of default have become political bargaining chips in
the debate over fiscal policy. Despite this year's wide-ranging debate, in our
view, the differences between political parties have proven to be
extraordinarily difficult to bridge, and, as we see it, the resulting
agreement fell well short of the comprehensive fiscal consolidation program
that some proponents had envisaged until quite recently. Republicans and
Democrats have only been able to agree to relatively modest savings on
discretionary spending while delegating to the Select Committee decisions on
more comprehensive measures. It appears that for now, new revenues have
dropped down on the menu of policy options. In addition, the plan envisions
only minor policy changes on Medicare and little change in other entitlements,
the containment of which we and most other independent observers regard as key
to long-term fiscal sustainability.

... continued at the link