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United States credit rating downgraded again

Discussion in 'Political Issues' started by G19G20, Apr 9, 2012.

  1. G19G20

    G19G20 Status Quo 2014

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  2. mj9mm

    mj9mm

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    who cares, it was bush's fault, right:whistling:
     

  3. JBnTX

    JBnTX

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    What does "structural changes" mean?
     
  4. G19G20

    G19G20 Status Quo 2014

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    That whole "spending 40% more than we take in" thing. The Federal Reserve ended up purchasing 61% of all federal debt issuance last year. The deficit spending just isn't sustainable and we're losing our ability to pawn off our debt onto greater fools around the world.
     
  5. GLOCK17DB9

    GLOCK17DB9

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    Remember November is coming!:rofl: VOTE:tongueout:
     
  6. mj9mm

    mj9mm

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    sounds like we're losing the battle of the fools
     
  7. QNman

    QNman Old timer

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    Unfortunately, most of us shouldn't be surprised. More unfortunately, this is only a big deal when a Republican can be blamed. Although right about now, I blame them all.

    TEOTWAWKI is almost here. It just isn't going to look like the movie version.
     
  8. aircarver

    aircarver Descent Terminated Silver Member

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    Why should the government be any different from any other out-of-control spendthrift that is living well beyond his mean ? ....

    .