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  #1  
Old 04-18-2011, 10:04 AM
sandie sandie is offline
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Negative S&P ratings outlook for U.S.

By Steve Goldstein WASHINGTON (MarketWatch) -- Standard & Poor's cut its ratings outlook on the U.S. to negative from stable while keeping its Triple-A rating on the world's largest economy. "More than two years after the beginning of the recent crisis, U.S. policymakers have still not agreed on how to reverse recent fiscal deterioration or address longer-term fiscal pressures," said Standard & Poor's credit analyst Nikola G. Swann. U.S. stock futures plunged on the news, with Dow industrial futures falling 167 points.

This won't even budge the left, wait and see.
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  #2  
Old 04-18-2011, 10:44 AM
coadie coadie is offline
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Re: Negative S&P ratings outlook for U.S.

Blame Bush
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  #3  
Old 04-18-2011, 10:48 AM
sandie sandie is offline
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Re: Negative S&P ratings outlook for U.S.

Quote:
Originally Posted by coadie View Post
Blame Bush
They'll try.

Democrats know no shame.
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  #4  
Old 04-18-2011, 10:50 AM
coadie coadie is offline
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Re: Negative S&P ratings outlook for U.S.

Quote:
Originally Posted by sandie View Post
They'll try.

Democrats know no shame.
The slowest of the slow will even one day desire solutions. You don't go to a doc for 2 years to just hear blame and diagnosis. One day you want treatments. A cure, medicine. When Obama spoke a week ago, he criticized the Conservatives. He offered no solution. We observe no progress or solutions. Obama can't show one deed to cut the deficit.
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  #5  
Old 04-18-2011, 10:57 AM
sandie sandie is offline
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Re: Negative S&P ratings outlook for U.S.

Quote:
Originally Posted by coadie View Post
The slowest of the slow will even one day desire solutions. You don't go to a doc for 2 years to just hear blame and diagnosis. One day you want treatments. A cure, medicine. When Obama spoke a week ago, he criticized the Conservatives. He offered no solution. We observe no progress or solutions. Obama can't show one deed to cut the deficit.
Hopefully this same patient hasn't waited too long.

My son's new business will suffer. He depends on loans for his customers, those just got harder.

I'm beginning to think most politicians are criminals on the loose.
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  #6  
Old 04-18-2011, 11:04 AM
sandie sandie is offline
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Re: Negative S&P ratings outlook for U.S.

If you have the stomach, read this:

http://online.wsj.com/article/SB1000...LEFTTopStories
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  #7  
Old 04-18-2011, 11:30 AM
coadie coadie is offline
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Re: Negative S&P ratings outlook for U.S.

Quote:
Originally Posted by sandie View Post
Hopefully this same patient hasn't waited too long.

My son's new business will suffer. He depends on loans for his customers, those just got harder.

I'm beginning to think most politicians are criminals on the loose.
One of my businesses 30 years ago depended on loans when interest rates were 20%. Consumers found it difficult to borrow money. My company grew by reason of market share and pushing competitors out of business that were old and established. I suspect Conservitives will gain a lot more victories in 2 years. Will Obama get the message?
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  #8  
Old 04-18-2011, 03:42 PM
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Sam Sam is offline
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Re: Negative S&P ratings outlook for U.S.

Quote:
Originally Posted by coadie View Post
Blame Bush
yeppers.....

just blame Bush.....
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  #9  
Old 04-19-2011, 07:01 AM
deacon blues deacon blues is offline
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Re: Negative S&P ratings outlook for U.S.

The man that flew his plane into the IRS building in TX really wasted a great opportunity. He should've flown it into the Capital or the White House.
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‎When a newspaper posed the question, "What's Wrong with the World?" G. K. Chesterton reputedly wrote a brief letter in response: "Dear Sirs: I am. Sincerely Yours, G. K. Chesterton." That is the attitude of someone who has grasped the message of Jesus.
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Old 04-19-2011, 07:23 AM
deacon blues deacon blues is offline
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Re: Negative S&P ratings outlook for U.S.

NBC's Today show anchor Matt Lauer just asked Erin Burnett if Standard and Poor was "venturing into the political arena". The inference is they are trying to influence politics---favoring the Republicans. Give me a break. The willful ignorance on the part of liberals is really nauseating. Erin's response was "maybe a little" but went on to say that we needed a "third party" who could come in and help Dems and the GOP negotiate the deficit crisis. S & P's downgrade is based mainly upon the feeling that the politicians in DC will not come to an agreement before the 2012 elections. Hey Erin, remember the president's Deficit Commission? There's your third party. Oh but wait, they came to the conclusion that SPENDING IS THE BIGGEST PROBLEM in the deficit issue. Liberals do not want to face reality.
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‎When a newspaper posed the question, "What's Wrong with the World?" G. K. Chesterton reputedly wrote a brief letter in response: "Dear Sirs: I am. Sincerely Yours, G. K. Chesterton." That is the attitude of someone who has grasped the message of Jesus.
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