Anyone on the Left want to discuss the facts?

  1. You have chosen to ignore posts from Jimmy42Jack0. Show Jimmy42Jack0's posts

    Re: Anyone on the Left want to discuss the facts?

    In Response to Re: Anyone on the Left want to discuss the facts?:
    [QUOTE]In Response to Re: Anyone on the Left want to discuss the facts? : Fact: The G.O.P. created the debt crisis by demanding deficit reduction with a change in the ceiling amount. Fact: Most Americans wanted a combination of cuts and tax increases. Fact: The G.O.P. ignored this to pursue their own cuts only agenda. Fact: Our economic standing has been damaged by the political conflict. Fact: The favorability rating of Congress is at its lowest ever. Fact: Obama's rating is considerably stronger. Fact: This is directly related to this manufactured debt ceiling crisis. Theory:  Obama has come out of this looking better than Congress and the G.O.P.
    Posted by Reubenhop[/QUOTE]
    dont worry reuben, im sure these facts wont be understood by the simpletons on this board
     
  2. You have chosen to ignore posts from skeeter20. Show skeeter20's posts

    Re: Anyone on the Left want to discuss the facts?

    In Response to Re: Anyone on the Left want to discuss the facts?:
    [QUOTE]In Response to Re: Anyone on the Left want to discuss the facts? : dont worry reuben, im sure these facts wont be understood by the simpletons on this board
    Posted by Jimmy42Jack0[/QUOTE]

    Yah, ok. the Obama downgrade is a difficult conceptfor the left to understand.

    2012, baby!
     
  3. You have chosen to ignore posts from Jimmy42Jack0. Show Jimmy42Jack0's posts

    Re: Anyone on the Left want to discuss the facts?

    In Response to Re: Anyone on the Left want to discuss the facts?:
    [QUOTE]In Response to Re: Anyone on the Left want to discuss the facts? : Yah, ok. the Obama downgrade is a difficult conceptfor the left to understand. 2012, baby!
    Posted by skeeter20[/QUOTE]
    i wouldnt put it passed you to not understand anything, anything at all

    by the way, why so excited for 2012? prepping your spot for the obama inaugeration in DC? will you save a seat for me?
     
  4. You have chosen to ignore posts from lawboy. Show lawboy's posts

    Re: Anyone on the Left want to discuss the facts?

    who's to blame again?

    When you look at this final agreement that we came to with the White House, www.dailykos.com/story/2011/08/05/1003750/-SP-downgrade:-John-Boehner-got-98-of-what-he-wanted">I got 98 percent of what I wanted. I’m pretty happy. quote from John Boehner
     
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    Re: Anyone on the Left want to discuss the facts?

    you make no sense greg 
     
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  8. You have chosen to ignore posts from lawboy. Show lawboy's posts

    Re: Anyone on the Left want to discuss the facts?

    the downgrade came as a result of S&P's lack of confidence that Washington can work together to solve this....not the bill, not our credibility, not the POTUS, speaker or congress.....but the bitter partisanship.
     
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  10. You have chosen to ignore posts from WhichOnesPink. Show WhichOnesPink's posts

    Re: Anyone on the Left want to discuss the facts?

    In Response to Re: Anyone on the Left want to discuss the facts?:
    [QUOTE]In Response to Re: Anyone on the Left want to discuss the facts? : The DEMOCRATS have the White House.  The DEMOCRATS have the Senate. The Republicans have a small majority in the House only.  There are 435 congressmen in the House. There are only 79 "Tea Party" congress-people. Are you saying that a total of 535 Congress-people (100 Senate and 435 House) were "held-up" by 79? Do you know how ridiculous that sounds?
    Posted by jmel[/QUOTE]

    If that's true then I guess it speaks to how sackless Dems are. But we already knew that...yeooooow!!!
     
  11. You have chosen to ignore posts from Jimmy42Jack0. Show Jimmy42Jack0's posts

    Re: Anyone on the Left want to discuss the facts?

    In Response to Re: Anyone on the Left want to discuss the facts?:
    [QUOTE]In Response to Re: Anyone on the Left want to discuss the facts? : The DEMOCRATS have the White House.  The DEMOCRATS have the Senate. The Republicans have a small majority in the House only.  There are 435 congressmen in the House. There are only 79 "Tea Party" congress-people. Are you saying that a total of 535 Congress-people (100 Senate and 435 House) were "held-up" by 79? Do you know how ridiculous that sounds?
    Posted by jmel[/QUOTE]
    not when the president is willing to comprimise at any cost with the republicans, which has been exactly the case

    obama needs to man up and tell the GOP to shove it for once

    hopefully his second term will be spent doing exactly that
     
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  14. You have chosen to ignore posts from Reubenhop. Show Reubenhop's posts

    Re: Anyone on the Left want to discuss the facts?

    In Response to Re: Anyone on the Left want to discuss the facts?:
    [QUOTE]Fact: The G.O.P. created the debt crisis by demanding deficit reduction with a change in the ceiling amount. ------------ Does anyone else see how ridicoulously dumb this statement is? Debt crisis was created by demanding deficit reductions.  WHAT IN THE HECK KINDA LOGIC IS THAT?
    Posted by whatnow4[/QUOTE]

    Facts are hard for you to understand.  I will try to explain slowly so you can think it out.  In the past, the debt ceiling was changed many times without any real effort at deficit reduction.  2011 was the first time there was a major effort to address such a connection.  The G.O.P. (and particularly the Tea Party) forced the issue and created a crisis when they refused to accept compromises that included tax increases. The economy has been damaged as a result.  

    What is ridiculous is that you don't contest the facts, you just blandly deny them. Such blind adherence to ideology explains why our economy is in difficulty now.
     
  15. You have chosen to ignore posts from Reubenhop. Show Reubenhop's posts

    Re: Anyone on the Left want to discuss the facts?

    In Response to Re: Anyone on the Left want to discuss the facts?:
    [QUOTE]Fact: The G.O.P. created the debt crisis by demanding deficit reduction with a change in the ceiling amount. ---------------------------------- Oh I see, the debt crisis started last month. Wow!
    Posted by GreginMeffa[/QUOTE]

    Get serious Greg.  I am talking about the current problems in the economy which are directly related in the decrease in our credit rating which is directly related to our political conflicts of August.  Maybe you want to talk about DOMA or DADT next to further obscure the issue... 

    Take a little responsibility already: your crowd pushed for big changes in the deficit matter, they got a bill they liked and the economy plummeted.  Cause and effect, boyo, cause and effect. 
     
  16. You have chosen to ignore posts from skeeter20. Show skeeter20's posts

    Re: Anyone on the Left want to discuss the facts?

    In Response to Re: Anyone on the Left want to discuss the facts?:
    [QUOTE]In Response to Re: Anyone on the Left want to discuss the facts? : i wouldnt put it passed you to not understand anything, anything at all by the way, why so excited for 2012? prepping your spot for the obama inaugeration in DC? will you save a seat for me?
    Posted by Jimmy42Jack0[/QUOTE]

    Sadly, I don't get my money by offering "protection" to workers, i.e. a union organizer, or by offering "protection" to illegals, i.e. a community organizer.  You see, I'm not a ganster like all people who surround Obama.

    So, no seat at the inauguration, should it come to that.
     
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  18. You have chosen to ignore posts from massmoderateJoe. Show massmoderateJoe's posts

    Re: Anyone on the Left want to discuss the facts?

    In Response to Re: Anyone on the Left want to discuss the facts?:
    [QUOTE]Does anyone on these threads actually read or think for themselves before posting? The most stupid of these is the nutjob that started this thread with nothing more than a bunch of regurgitated tripe. The indisputable FACT is that when S&P wrote it's reasons for the downgrade, it cited two political reasons: 1: Political brinkmanship and gridlock.  " 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..." Since it was the Reps. who initiated the debt showdown, responsibility falls squarely on their shoulders. 2. The only political party S&P explicitly blamed for the downgrade, along with the reason, was the Repubs. 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... It appears that for now, new revenues have dropped down on the menu of policy options...weakens the government's ability to manage public finances and diverts attention from the debate over how to achieve more balanced and dynamic economic growth in an era of fiscal stringency... Those are the FACTS.
    Posted by airborne-rgr[/QUOTE]

    S&P did not blame the republicans.

    NEW YORK (CNNMoney) -- Credit rating agency Standard and Poor's made good on its saber-rattling on Friday, and downgraded U.S. debt.

    The move is unprecedented -- and the effects unclear.


    Rating agencies -- S&P, Moody's and Fitch -- analyze risk and give debt a "grade" that reflects the borrower's ability to pay the underlying loans. The safest bets are stamped AAA. That's where U.S. debt has stood for years.

    So what exactly is going on here?

    Moody's first assigned the United States a AAA rating in 1917. The country's new S&P rating is AA+ -- still strong, but not the highest.

    The downgrade puts the U.S. debt rating on par with that of Belgium, but below countries like the United Kingdom and Australia.

    Why did this happen now? S&P gave two primary reasons for downgrading U.S. debt: The nation's fiscal path and its broken political system.

    The agency has been harping on those two issues for months. S&P argues that the U.S. debt-to-GDP trajectory is unsustainable, and that the politics involved are so caustic that lawmakers are unable to make the tough choices needed to correct the problem.

    During the debt ceiling debate, lawmakers blew their big chance to make a difference.

    To avoid a downgrade, S&P said the United States needed to not only raise the debt ceiling, but also develop a "credible" plan to tackle the nation's long-term debt.

    The agency has indicated it preferred a deal that would have reduced deficits by $4 trillion over ten years. Instead, lawmakers settled for a measure that will cut only $2.5 trillion.


     
  19. You have chosen to ignore posts from MattyScornD. Show MattyScornD's posts

    Re: Anyone on the Left want to discuss the facts?

    In Response to Re: Anyone on the Left want to discuss the facts?:
    [QUOTE]Does anyone on these threads actually read or think for themselves before posting? The most stupid of these is the nutjob that started this thread with nothing more than a bunch of regurgitated tripe. The indisputable FACT is that when S&P wrote it's reasons for the downgrade, it cited two political reasons: 1: Political brinkmanship and gridlock.  " 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..." Since it was the Reps. who initiated the debt showdown, responsibility falls squarely on their shoulders. 2. The only political party S&P explicitly blamed for the downgrade, along with the reason, was the Repubs. 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... It appears that for now, new revenues have dropped down on the menu of policy options...weakens the government's ability to manage public finances and diverts attention from the debate over how to achieve more balanced and dynamic economic growth in an era of fiscal stringency... Those are the FACTS.
    Posted by airborne-rgr[/QUOTE]

    Hear, hear.

    This is in spite of the S&P's inherent flaws in their rating logic, not because of them.
     
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  21. You have chosen to ignore posts from skeeter20. Show skeeter20's posts

    Re: Anyone on the Left want to discuss the facts?

    In Response to Re: Anyone on the Left want to discuss the facts?:
    [QUOTE]Does anyone on these threads actually read or think for themselves before posting? The most stupid of these is the nutjob that started this thread with nothing more than a bunch of regurgitated tripe. The indisputable FACT is that when S&P wrote it's reasons for the downgrade, it cited two political reasons: 1: Political brinkmanship and gridlock.  " 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..." Since it was the Reps. who initiated the debt showdown, responsibility falls squarely on their shoulders. 2. The only political party S&P explicitly blamed for the downgrade, along with the reason, was the Repubs. 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... It appears that for now, new revenues have dropped down on the menu of policy options...weakens the government's ability to manage public finances and diverts attention from the debate over how to achieve more balanced and dynamic economic growth in an era of fiscal stringency... Those are the FACTS.
    Posted by airborne-rgr[/QUOTE]


    From the announcement from S&P:

    “The [debt-ceiling] 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. Our opinion is that elected officials remain wary of tackling the structural issues required to effectively address the rising U.S. public debt burden in a manner consistent with a ‘AAA’ rating and with ‘AAA’ rated sovereign peers.”

    translation:  You are not doing anything to address the debt.  The only people proposeing something to deal with the debt was the TEA party.  This sounds like an indictment of establishment dems and repubs, and an endorsement of the ideas of the TEA party.

    You might try some reading up on the issue.
     
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