Painless for their

AmericanDreamer — Thu, 14 Jul 2011 01:06:22 +0000

In reply to Song the GOPer's can sing as

Painless for their constituency, maybe. For a time, at least.

As an addendum to the

AmericanDreamer — Thu, 14 Jul 2011 01:05:18 +0000

In reply to Moody's Puts U.S. on Review for Possible Downgrade

As an addendum to the comments posted above...consider the situation during much of Bush's time in office. Republicans controlled the House and the Senate as well as the White House. We had exploding national debt, with the difference being that then, as opposed to now, there was less justification for deliberately running deficits. The unemployment rate was considerably lower than now.

Imagine if an emboldened minority of Senate Democrats had threatened to hold hostage the debt ceiling increase bill.

Do you think Moody's would have issued the same statement they issued at the link above, basically telling the Bush Administration and Republican Congress to reduce the debt or else they would downgrade US securities?

Hah! The entire media narrative would have been about what a bunch of totally irresponsible so and so's those Senate Democrats were. And what were they thinking or smoking trying to pull a stunt like that? If Moody's had seen fit to offer helpful guidance to our nation's policymakers, I bet it would have read something like the following: "Rash actions by a minority in Congress threaten to degrade the credit-worthiness of the United States government. Unless and until such reckless, destabilizing actions are disciplined by the electorate, Moody's may have no choice but to downgrade US securities."

Song the GOPer's can sing as

Beetlejuice — Thu, 14 Jul 2011 00:38:40 +0000

In reply to Moody's Puts U.S. on Review for Possible Downgrade

Song the GOPer's can sing as the debt limit date approaches.

I can't figure out how to embed ... used the example by mageduley but no workie so here's the url ...

http://mp3juices.com/music/download/-Mash-Theme-Song_70ed504433.html

Would appreciate it if someone who knows how to fix it would do so ...thanks!

dagblog - Comments for "Moody's Puts U.S. on Review for Possible Downgrade"

Painless for their

As an addendum to the

Song the GOPer's can sing as