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US government loses triple A credit rating

Discussion in 'The Okie Corral' started by ViperGlock, Aug 5, 2011.

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  1. Upstate Glocker

    Upstate Glocker

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    What's scary is that Obama is still favored to win in 2012.
     
  2. HKLovingIT

    HKLovingIT Resident Evil

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    Don't worry. He has a plan to fix all this. It involves Jay-Z, BBQ and...um,and....um...............................'crickets'. He got nothing. :dunno:
     
    Last edited: Aug 5, 2011

  3. the iceman

    the iceman Proud Veteran CLM

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    The plan is working people! Obama is stripping everyone of their wealth in one form or another.
     
  4. FightingTiger

    FightingTiger

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    Absolutely. S&P is also one of the agencies that had Lehman Brothers rated as "Investment Grade" the day it filed for the largest bankruptcy in American history.
     
    Last edited: Aug 5, 2011
  5. yerscattergun

    yerscattergun

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  6. 2bgop

    2bgop

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    It will afford many with great buying opportunities.
     
  7. HKLovingIT

    HKLovingIT Resident Evil

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    Is that a bra size?
     
  8. Henry's Dad

    Henry's Dad woof, woof

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    Should we put our former AAA rating in the GT time capsule?
     
  9. HKLovingIT

    HKLovingIT Resident Evil

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    Yes it is almost as if the banks, credit rating agencies, NGOs and certain government entities planned....wait, be right back, I hear a bunch of people in boots outside my door....
     
  10. Old Junes

    Old Junes

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    I wonder how this will effect mortgage interest rates next week?
     
  11. the iceman

    the iceman Proud Veteran CLM

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    If it is, stay away!
     
  12. yerscattergun

    yerscattergun

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    The Obama Administration is brilliant. Devaluation of the dollar results
    in the U.S. buying less exports(more expensive and China stuff you guys hate) which switches demand to U.S. production....stop listening to Limbaugh(a college dropout) and study econ...


    Our debt is the result of domestic demand being fullfilled by overseas(China)
    supply....
     
  13. HKLovingIT

    HKLovingIT Resident Evil

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    Damn your logic sir. Can you not see we are having a Friday night panic! :rofl:
     
    Last edited: Aug 5, 2011
  14. Batesmotel

    Batesmotel

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    Well....he did promise change.
     
  15. BobbyT

    BobbyT

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    The joke's on the free states.

    Non-bankrupt states may see their credit ratings downgraded, but the failed ones like IL, CA, NJ, and MI won't, because you can't downgrade Junk.

    Socialism wins again.
     
  16. Steel Head

    Steel Head Tactical Cat

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    $451,000,000,000 divided by 311,887,000=$1446.03 per citizen per year-a very decent 1911 every year.
    $3.96 per day=a gallon of gas
    .16cents per hour=what I pay for phone and computer internet per hour




    Oh yea--China Dropped our credit score also:dunno:
     
  17. rahrah12

    rahrah12

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    Looks like this is what Obama wants...
     
  18. Bilbo Bagins

    Bilbo Bagins Slacked jawed

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    Wow, quite the pickle we are in
     
  19. yerscattergun

    yerscattergun

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    It is amazing, isn't it?
     
  20. CAcop

    CAcop

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    Check the ratings. At least CA isn't junk status. Yet.
     
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