S&P cuts U.S. ratings outlook to negative
- Thread starter ASusilovic
- Start date
No, I want people to stop listening to ratings agencies altogether and form their own opinion. Ratings agencies are useless. People on this board act as if the USA is now in a worse off position than they were before this announcement.
I didn't put words in your mouth. You implied that S&P has now lifted the smoke and mirrors, and did a great service by this announcement. When in reality, this announcement means nothing.
No idea what your "pom pom triplets" comment means, but coming from you, I assume it is something irrationally biased.
The market is indicating that the anouncement must mean something. I didnt say one word about what a great service the agency did by releasing that statement, i just implied that they are now doing their actual job.
and you know exactly what "pom pom triplets" means....I bet you half the board knows what it means when it refers to you.
I wonder if his plans includes getting rid of ethanol subsides and the 50 billion a year we give to the sugar industry to keep sugar at 22 cents a pound or the billions we give to the oil industry as well..
Any of these things on his plan?
It's about Time.
Now is the chance for the Politicians to take their head out of the sand.
There will be two possible outcomes.
1. The Nation Wakes up, emergency meetings leading to bi-partisan
serious cost cutting measures.
2. "THE EQUALIZATION BILL" Is passed to confiscate the businesses and profits from all those who own more than one business. A new FED TAX will be levied against the TEXAS, COLORADO, NORTH DAKOTA States as they are oil producing states and can bring in more Revenue...than many other states.
The President will come out and talk about the COMMON GOOD and that the RICH and SUCCESSFUL should be taxed 50% and that revenue should be equally distributed among citizens.
The US TREASURY will confiscate all HARD ASSETS, from Gold and Silver to OIL RIGS and KEY PRIVATE LAND AND RE.
Now is the chance for the Politicians to take their head out of the sand.
There will be two possible outcomes.
1. The Nation Wakes up, emergency meetings leading to bi-partisan
serious cost cutting measures.
2. "THE EQUALIZATION BILL" Is passed to confiscate the businesses and profits from all those who own more than one business. A new FED TAX will be levied against the TEXAS, COLORADO, NORTH DAKOTA States as they are oil producing states and can bring in more Revenue...than many other states.
The President will come out and talk about the COMMON GOOD and that the RICH and SUCCESSFUL should be taxed 50% and that revenue should be equally distributed among citizens.
The US TREASURY will confiscate all HARD ASSETS, from Gold and Silver to OIL RIGS and KEY PRIVATE LAND AND RE.
Quote from ASusilovic:
Finally.
I completely agree. This was LONG OVERDUE. It is scary but we just have to face it. The US just can't handle its debt responsibly. Congressmen are too busy trying to keep a clean image that they aren't fixing anything.