Who To Blame For The US Debt Downgrade?

[jakejones]

OBAMA HUSSAIN CAUSED ALL THIS. THE POLL IS A JOKE, BY EXCLUDING THIS TERRORIST. Tradingjournals is probably French.

We should be allowed by law to execute presidents who work for our enemies and lack patriotism.

Whilst awaiting trial, Obama HUSSAIN needs to be chained up and caged in Guantanemo alongside his long-bearded brothers. We should allow Obama HUSSAIN to grow a beard, for we are a free country.

HUSSAIN'S offspring and spouse should be deported.

Obama HUSSAIN is an Israel-hater, and should pay the ultimate price for such hatred.

God bless America.

 

[Petsamo]

What a stupid poll. Obama & the Democrats are not in the selection. I dunno if tradingjournals is a lefty, but in looking at this poll, one cannot categorize him as anything but a lefty.

Break

I cannot blame the Republicans for caving in on the debt deal. They are dealing with people who call their opponents terrorists, so how can anyone negotiate anything palatable with such radicals. It was either come up with what they did or let the country default. It was a tough choice, so I have to let the Republicans slide on this one.

 

[endsongs]

Quote from bugscoe:

beginning with a Clinton-era surplus in 2001, the Bush administration ran up deficits of $158 billion in 2002; $378 billion in 2003; and $413 billion in 2004. Then, with revenues pouring in, the deficits began to fall: $318 billion in 2005; $248 billion in 2006; and $161 billion in 2007. That 2007 deficit, with the tax cuts in effect, was one-tenth of today’s $1.6 trillion deficit.

What changes took place in 2007 forward?

Sorry but not accurate. The actual deficit for 2007 was $500B and for 2006 ~$600B. Bush kept almost all of his deficits "off budget" so the reported defict was only around 1/3 or so of the actual deficit. See below.

http://www.treasurydirect.gov/govt/reports/pd/histdebt/histdebt_histo5.htm

 

[denner]

Quote from CaptainObvious:

Oh please, talk about blaming the victim. Who buys over priced inflated real estate? Who votes for these retards running this country? People that don't have a choice, that's who!
The system is corrupt top to bottom and thinking your vote/choice does anything to change it is simply ignorant of the facts. If there's nothing to eat but shit, you eat shit. Some even learn to like it, and for the right money you can find people that will say it's good for you.

It's kinda funny, but there are some things that I completely agree with you on and other things that I find completely opposed to my worldview. Maybe, it's just lost in translation...

On this matter, I completely agree. The whole two party system is nothing more than a "good cop / bad cop" routine that is engineered to give the plebe's some delusion of free will. I'd go so far as to say that in many cases they divide up the votes to make sure some onerous piece of legislation passes, but allows these so-called "fiscal conservatives" the ability to save face and proclaim "hey I voted against xyz stimulus".

When push comes to shove and things really matter, you can always count on the Dems to turn into Repubs and vice-versa.

 

[DT-waw]

dear americans...
i'm 100% sure, you're totally doomed. so easy to manipulate.
the elite always used the same old tricks "divide and rule".

play two opposite sides against each other. the masses will be engaged in this staged battle, not seeing the real source of their misery.

reps vs dems.
knicks vs jets
blacks vs whites


nobody on ET will ever admit its citizens fault. the elite just gave you what you wanted- mortgages, credit cards. colorful, cool stuff to buy.
you wanted to spend money on magic pills your doctors told you about? sweet. bush scared you with phony 9/11? trillions wasted on war.

i can imagine crusades in dark ages, people believing in eternal hell and such. but in the age of the internet? its beyond imagination how the western world is dumbed down

 

[377OHMS]

Quote from DT-waw:

dear americans...
i'm 100% sure, you're totally doomed. so easy to manipulate.
the elite always used the same old tricks "divide and rule".

play two opposite sides against each other. the masses will be engaged in this staged battle, not seeing the real source of their misery.

reps vs dems.
knicks vs jets
blacks vs whites


nobody on ET will ever admit its citizens fault. the elite just gave you what you wanted- mortgages, credit cards. colorful, cool stuff to buy.
you wanted to spend money on magic pills your doctors told you about? sweet. bush scared you with phony 9/11? trillions wasted on war.

i can imagine crusades in dark ages, people believing in eternal hell and such. but in the age of the internet? its beyond imagination how the western world is dumbed down

You're an idiot..and a hater.

 

[shortie]

I blame Canada:

The lead analyst on Standard & Poor’s cut to the U.S. credit rating is a Canadian. Nikola Swann is based in S&P’s offices in Toronto.

 

[Eight]

Socialism in all it's forms over all of time fails afaik. So now we are seeing a worldclass, worldwide meltdown of socialism. The Republicans are only a little less socialist than the Democrats. Conservatives seem to understand that there has to be a limit to taxation or the economy will die, Democrats just don't seem to be able to do the math to get that... Anyhow, it's fantastic to be on the political sidelines and rooting for more screwups that create volatility, it's the only realistic economic outlook that works in all times...

 

[bugscoe]

Quote from endsongs:

Sorry but not accurate. The actual deficit for 2007 was $500B and for 2006 ~$600B. Bush kept almost all of his deficits "off budget" so the reported defict was only around 1/3 or so of the actual deficit. See below.

http://www.treasurydirect.gov/govt/reports/pd/histdebt/histdebt_histo5.htm

And how much lower is it since 2007?

 

[DonerNDoner]

Quote from DT-waw:

dear americans...
i'm 100% sure, you're totally doomed. so easy to manipulate.
the elite always used the same old tricks "divide and rule".

play two opposite sides against each other. the masses will be engaged in this staged battle, not seeing the real source of their misery.

reps vs dems.
knicks vs jets
blacks vs whites


nobody on ET will ever admit its citizens fault. the elite just gave you what you wanted- mortgages, credit cards. colorful, cool stuff to buy.
you wanted to spend money on magic pills your doctors told you about? sweet. bush scared you with phony 9/11? trillions wasted on war.

i can imagine crusades in dark ages, people believing in eternal hell and such. but in the age of the internet? its beyond imagination how the western world is dumbed down

please reveal the true source of our misery... Is it that you can barely travel a few miles without hitting a golf course, ...