The Tea Party Republicans Are Responsible For The Ratings Downgrade

We can thank the fanatic tea party and their republican lackeys for the first downgrade of American bonds in history.

Indeed there is no doubt their blackmail scheme to threaten the country with default ( by not raising the debt ceiling) if they didn’t get their way is the direct reason for the downgrade. They essentially signaled that the American system is no longer tenable and unreliable.

Read the S&P explanation for the downgrade:

“More broadly, the downgrade reflects our view that the effectiveness, stability, and predictability of American policymaking and political institutions have weakened at a time of ongoing fiscal and economic challenges to a degree more than we envisioned when we assigned a negative outlook to the rating on April 18, 2011.”

Obama tried to be conciliatory and maintain the integrity of the political structure but the republican tea party ruptured moderation with their fanatic blackmail and threats to destabilize the American economy by threatening not to raise the debt ceiling at a time when the American economy is in a precarious condition bordering on another depression as the above words indicates: time of ongoing fiscal and economic challenges

For those who think the tea party are good, quaint, and useful then this proves you are in grave error and that their fanaticism can and likely will be the catalyst for the destruction of the American economic system if they are not soon reined in.

www.salon.com.../tech/htww/2011/08/05/standard_and_poors_downgrade

“House Republicans refused to compromise. House Republicans refused a grand bargain that liberals viewed as a massive step backwards for progressives. House Republicans own this credit downgrade.”

Yes keep pointing fingers and pretending the Tea Party is the bogey man. The fact of the matter is that both Democrats and the Republicans are at fault for the downgrade. No single group is responsible for this. They were warned about where the cuts had to be at, and the compromise fell short, so we were downgraded. Either party could have walked away and waited for a better deal to come down the pipe, but instead they danced hand in hand right on the backs of the American people once again!

Oh geez, another Liberal ATS'er, starting another "Blame the Tea Party" thread.


Dude, day late and a dollar short, just like Obama.

Do you practice pointing you're finger in the mirror?

this is rich blame blame blame is that all the teaparty haters can do?

we all know the answer.

fact is its all those evil democrats and republicans and the lord and savior obama who is at fault here.

they spent the cash to the tune of 14 trillion dollars they have made policy for decades now blaming the little kid in the room is disgusting.

why cant people admit what an abject failure obama and congress have been.

if people had listen to the teap party and stop the spending the credit downgrade would have never occurred.

that is a fact.

Lets get to schooling the OP. How can 1 group who doesn't even have a majority in not even 1 house be responsible for this. They cannot pass bills with out support from others in congress. It is simple logic to follow.

What is funny is people in this country cry about a 2 party system and a third party rises and everyone jumps in their rice bowl.

ALL PARTIES WAS INVOLVED IN THE DOWN GRADE. How many threads will there be of this?

*Wanders off to find the kill thread button*

Want to know who, what and how? Try reading world newspapers online.... yes I know its amazing they have online newspapers. Want to know how the world veiws us? Try there and that will answer and kill this thread.

Yes they are....

Finally a group of people stood up and said "enough".

We owe these great Americans a huge Thank You !!!

reply to post by SpaDe_


I am afraid you are not accurate. If there was no threat to make the US default by the Tea party republicans THERE WOULD HAVE NOT BEEN ANY DOWNGRADE! It’s that simple:

Read the words of why S&P did it:

the downgrade reflects our view that the effectiveness, stability, and predictability of American policymaking and political institutions have weakened

When they can’t predict that there will not be a default because a group of political players ( Tea Partty Republicans) are threatening default then no longer is the American system reliable, therfore they are downgraded.

No democrat or Obama threatened to default the US economy.

...up until 1957 we had never gone more than 17 years without paying down some of the debt. That means since Eisenhower left office CONGRESS has been piling up the debt, Boyo

* In the 1970’s, the national debt more than doubled, from $366 billion to $829 billion.

* In the 1980’s, the national debt more than tripled, from $829 billion to $2.9 trillion.

* In the 1990’s, the national debt almost doubled again, from $2.9 trillion to $5.6 trillion.

* In the 2000’s, the national debt is projected to more than double again, from $5.6 trillion to $12.9 trillion (projected national debt at the end of fiscal year 2009).
... if you look at the national debt as a percentage of our nation’s GDP (gross domestic product), the debt is increasing at a staggering rate.  In 1969, the national debt was just 38% of GDP, but it was over 90% of GDP by the end of 2009, and is projected to grow to over 100% of GDP by 2011....

History of the National Debt

To top it off we have the Fed double the US money supply in three months when Obama entered office and is now talking of QE#3 (printing MORE money) This is ticking off China who is not as dumb as rank and file Americans.

"China, the largest creditor of the world's sole superpower, has every right now to demand the United States address its structural debt problems and ensure the safety of China's dollar assets," China's official news agency said in a commentary.

"International supervision over the issue of US dollars should be introduced

and a new, stable and secured global reserve currency may also be an option to avert a catastrophe caused by any single country," it said.
ibnlive.in.com...

So go right ahead and keep trying to blame the messenger, but anyone with two brain cells to rub together will see it for the sour grapes it actually is.

Even YOU stated the Tea Party hasn't been around until AFTER 2009!

At least other ATS'ers were more polite about playing into the politicians game by posing the title in the form of a queation.

www.abovetopsecret.com...

Troll much?
Nothing here, move along.
No star no flag
MODS, this belongs in Rant.

reply to post by inforeal


The Republicans did not finance the Tea Party in some cases a Tea Party member ran against a republican, so to call them a Tea Part Republican is in accurate. Until you get that fact straight your input is invalid.

Originally posted by inforeal
reply to post by SpaDe_

 

I am afraid you are not accurate. If there was no threat to make the US default by the Tea party republicans THERE WOULD HAVE NOT BEEN ANY DOWNGRADE! It’s that simple:

Read the words of why S&P did it:

the downgrade reflects our view that the effectiveness, stability, and predictability of American policymaking and political institutions have weakened

When they can’t predict that there will not be a default because a group of political players ( Tea Partty Republicans) are threatening default then no longer is the American system reliable, therfore they are downgraded.

No democrat or Obama threatened to default the US economy.

edit on 6-8-2011 by inforeal because: TYPO

And just like the other Liberal ATS'er circling around Obama.

Please go read Page 8.

Or, just conveniently omit that part, so it works for your thread.

reply to post by inforeal

Hey, inforeal, the Tea Party was also on the grassy knoll. I mean, if you're going to blame us for this, why not just go nuts!
(we also faked the moon landing)

reply to post by crimvelvet


S & P Responded to the very near possibility of a default not the debt or deficit.
Read the words: "predictability of American policymaking and political institutions have weakened"

You know I'd the debt ceiling hadn't been raised, people would blame the Tea Party. It was raised, and they still blame the Tea Party. You need to realize that Obama is a fraud. He doesn't care about this country. He wants to ruin it so his banker buddies can come in and feed off the carcass

Originally posted by beezzer
reply to post by inforeal

 

Hey, inforeal, the Tea Party was also on the grassy knoll. I mean, if you're going to blame us for this, why not just go nuts!
(we also faked the moon landing)

ROFL my buttocks off
S4U

The Democrats plan is to repeat the 1898 "Boxer Rebellion" which is where Europe, Russia, and the United States topple China and make them our slaves for a few decades owing us a trillion tons of silver.

Well Democrats....git your European friends and Russia and git to having a war with China....so you can make them pay "reparations" to fund your Socialist lifestyles.

quit whining about Republicons or Tea Baggers....get off your rear and git to slaughtering the Chinese....

So you can repeat the "Boxer Rebellion". oh thats right...all you can do is whine........and hope the right wing Republicons will do your killing for you....

lazy democrats...you're the cause of atrocities mankinds committed on this planet.