Yeah, tell me about it.Spark wrote:
That document is pretty depressing.
How is it the tea party's fault? They wanted cuts that would've staved off the downgrade. They want a balanced budget amendment. I don't get how you could blame them at all.Varegg wrote:
I hope the dems and reps are proud of themselves today, I was afraid their petty bickering would lead to this and it did
It should also be quite the eyeopener for anyone supporting the tea party movement, they especially have a significant part in fueling the fire!
Hopefully your politicians will take the threat of yet another downgrading the next 12 - 18 months seriously enough to end their petty differences and start doing what's good for America on a long term basis ...
Tea party doesn't play the media game as well. That's why it's their fault. Duh.Jay wrote:
How is it the tea party's fault? They wanted cuts that would've staved off the downgrade. They want a balanced budget amendment. I don't get how you could blame them at all.Varegg wrote:
I hope the dems and reps are proud of themselves today, I was afraid their petty bickering would lead to this and it did
It should also be quite the eyeopener for anyone supporting the tea party movement, they especially have a significant part in fueling the fire!
Hopefully your politicians will take the threat of yet another downgrading the next 12 - 18 months seriously enough to end their petty differences and start doing what's good for America on a long term basis ...
Yeah I'm sure they know a lot less about it than you do. And why would it all of a sudden be politically motivated? Because they don't like Obama?FEOS wrote:
Part of their analysis is based on (paraphrasing) "republicans are against increasing government revenues." Those analysts should be fired, as it was made abundantly clear during the debates that tax reform to increase revenue was something both sides wanted...just the nature of that reform was under debate.
Fucking morons at S&P.
Apparently not since all the Euros appear to be on the same message.FEOS wrote:
Tea party doesn't play the media game as well. That's why it's their fault. Duh.Jay wrote:
How is it the tea party's fault? They wanted cuts that would've staved off the downgrade. They want a balanced budget amendment. I don't get how you could blame them at all.Varegg wrote:
I hope the dems and reps are proud of themselves today, I was afraid their petty bickering would lead to this and it did
It should also be quite the eyeopener for anyone supporting the tea party movement, they especially have a significant part in fueling the fire!
Hopefully your politicians will take the threat of yet another downgrading the next 12 - 18 months seriously enough to end their petty differences and start doing what's good for America on a long term basis ...
Did you read the report?ghettoperson wrote:
Yeah I'm sure they know a lot less about it than you do. And why would it all of a sudden be politically motivated? Because they don't like Obama?FEOS wrote:
Part of their analysis is based on (paraphrasing) "republicans are against increasing government revenues." Those analysts should be fired, as it was made abundantly clear during the debates that tax reform to increase revenue was something both sides wanted...just the nature of that reform was under debate.
Fucking morons at S&P.
It's simply because they will not compromise, they will have it their way or not at all and this was not a very good time to be unreasonable ... they were willing to risk the credit rating going down a notch and they got that now didn't they?Jay wrote:
How is it the tea party's fault? They wanted cuts that would've staved off the downgrade. They want a balanced budget amendment. I don't get how you could blame them at all.Varegg wrote:
I hope the dems and reps are proud of themselves today, I was afraid their petty bickering would lead to this and it did
It should also be quite the eyeopener for anyone supporting the tea party movement, they especially have a significant part in fueling the fire!
Hopefully your politicians will take the threat of yet another downgrading the next 12 - 18 months seriously enough to end their petty differences and start doing what's good for America on a long term basis ...
I'm not sure that without the TP involvement, an agreement would've been reached any earlier. There was intransigence on the dem side regarding cutting spending at all to begin with. They wanted to fix things with tax increases primarily and offered only token, meaningless spending cuts...which would've resulted in the same downgrade, as the end game did not result in a low enough debt in the outyears.Varegg wrote:
It's simply because they will not compromise, they will have it their way or not at all and this was not a very good time to be unreasonable ... they were willing to risk the credit rating going down a notch and they got that now didn't they?Jay wrote:
How is it the tea party's fault? They wanted cuts that would've staved off the downgrade. They want a balanced budget amendment. I don't get how you could blame them at all.Varegg wrote:
I hope the dems and reps are proud of themselves today, I was afraid their petty bickering would lead to this and it did
It should also be quite the eyeopener for anyone supporting the tea party movement, they especially have a significant part in fueling the fire!
Hopefully your politicians will take the threat of yet another downgrading the next 12 - 18 months seriously enough to end their petty differences and start doing what's good for America on a long term basis ...
Without the tea party both dems and reps could have reached an agreement earlier thus maybe have kept the AAA rating.
It's the clear unstabalized political climate in the US that are your biggest enemy these days, not the political content but the politicians themselves ...
So you think there wouldn't have been a downgrade if the Republixans had just fallen in line behind Obama and approved the debt ceiling increase without making it an issue?Varegg wrote:
It's simply because they will not compromise, they will have it their way or not at all and this was not a very good time to be unreasonable ... they were willing to risk the credit rating going down a notch and they got that now didn't they?Jay wrote:
How is it the tea party's fault? They wanted cuts that would've staved off the downgrade. They want a balanced budget amendment. I don't get how you could blame them at all.Varegg wrote:
I hope the dems and reps are proud of themselves today, I was afraid their petty bickering would lead to this and it did
It should also be quite the eyeopener for anyone supporting the tea party movement, they especially have a significant part in fueling the fire!
Hopefully your politicians will take the threat of yet another downgrading the next 12 - 18 months seriously enough to end their petty differences and start doing what's good for America on a long term basis ...
Without the tea party both dems and reps could have reached an agreement earlier thus maybe have kept the AAA rating.
It's the clear unstabalized political climate in the US that are your biggest enemy these days, not the political content but the politicians themselves ...
I'm not a Euro and I think the Tea party sucks cock. You can't blame the media for making the tea party out to be a collection of retards. They did and still do it to themselves.Jay wrote:
Apparently not since all the Euros appear to be on the same message.FEOS wrote:
Tea party doesn't play the media game as well. That's why it's their fault. Duh.Jay wrote:
How is it the tea party's fault? They wanted cuts that would've staved off the downgrade. They want a balanced budget amendment. I don't get how you could blame them at all.
Read the post again ... nothing like that is implied in my post ...Jay wrote:
So you think there wouldn't have been a downgrade if the Republixans had just fallen in line behind Obama and approved the debt ceiling increase without making it an issue?Varegg wrote:
It's simply because they will not compromise, they will have it their way or not at all and this was not a very good time to be unreasonable ... they were willing to risk the credit rating going down a notch and they got that now didn't they?Jay wrote:
How is it the tea party's fault? They wanted cuts that would've staved off the downgrade. They want a balanced budget amendment. I don't get how you could blame them at all.
Without the tea party both dems and reps could have reached an agreement earlier thus maybe have kept the AAA rating.
It's the clear unstabalized political climate in the US that are your biggest enemy these days, not the political content but the politicians themselves ...
Quite possibly. It stands to reason that people aren't going to be willing to loan money to a country that came so close to a default. You were always going to need to raise the debt ceiling, so raise it, and then sort out the details of cuts after that. That's my issue with the Republican party. They seem perfectly happy to fuck America/the world over if it means they get to be right.Jay wrote:
So you think there wouldn't have been a downgrade if the Republixans had just fallen in line behind Obama and approved the debt ceiling increase without making it an issue?Varegg wrote:
It's simply because they will not compromise, they will have it their way or not at all and this was not a very good time to be unreasonable ... they were willing to risk the credit rating going down a notch and they got that now didn't they?Jay wrote:
How is it the tea party's fault? They wanted cuts that would've staved off the downgrade. They want a balanced budget amendment. I don't get how you could blame them at all.
Without the tea party both dems and reps could have reached an agreement earlier thus maybe have kept the AAA rating.
It's the clear unstabalized political climate in the US that are your biggest enemy these days, not the political content but the politicians themselves ...
The dems are the ones having to swallow the biggest camel in these negotiations ...FEOS wrote:
I'm not sure that without the TP involvement, an agreement would've been reached any earlier. There was intransigence on the dem side regarding cutting spending at all to begin with. They wanted to fix things with tax increases primarily and offered only token, meaningless spending cuts...which would've resulted in the same downgrade, as the end game did not result in a low enough debt in the outyears.