Congressional GOP Shitheads To Turn USA Into Third World Basket-case Laughingstock!

[baru911]

To follow-up on my last post....
If you want to blame a governmental shutdown for a lower rating by the S&P then you live in la la land.

If the rating falls it will be due to a rise in interest rates (which the Fed has signaled is coming), lower tax revenues, and higher federal spending levels. It ain’t gonna be due to anything else. That’s accounting and economics in your 200 level college classes. You have to have money to service what you owe. We are running out of it because the federal government never attempts to limit how much gets spent nor increase how much we are all going to have to pay in taxes.

If we are all in it together then everyone is gonna have to take a smaller amount out of the pie and put a larger amount back in. Of course, no body wants any pain so our "leaders" never give us any bad news nor force us to take our medicine. Greece will happen here - only on a larger scale. Hope you all are prepared for those days.

According to the CBO borrowing to finance that deficit-in combination with an expected rise in interest rates-would lead to a fourfold increase in net interest payments over the next 10 years, from $197 billion in 2010 to $778 billion in 2020. As a percentage of GDP, net interest outlays would more than double during that period, rising from 1.4 percent to 3.4 percent. We are going to reach those numbers way before their 2020 forecast.

That makes your rating go down.

A he said/she said bull crap we’re gonna blame your party for a governmental shut down doesn’t effect how you service the debt and doesn't effect your rating with S&P.

[Nickdfresh]

To follow-up on my last post....
If you want to blame a governmental shutdown for a lower rating by the S&P then you live in la la land.

If the rating falls it will be due to a rise in interest rates (which the Fed has signaled is coming), lower tax revenues, and higher federal spending levels. It ain’t gonna be due to anything else. That’s accounting and economics in your 200 level college classes. You have to have money to service what you owe. We are running out of it because the federal government never attempts to limit how much gets spent nor increase how much we are all going to have to pay in taxes.

If we are all in it together then everyone is gonna have to take a smaller amount out of the pie and put a larger amount back in. Of course, no body wants any pain so our "leaders" never give us any bad news nor force us to take our medicine. Greece will happen here - only on a larger scale. Hope you all are prepared for those days.

According to the CBO borrowing to finance that deficit-in combination with an expected rise in interest rates-would lead to a fourfold increase in net interest payments over the next 10 years, from $197 billion in 2010 to $778 billion in 2020. As a percentage of GDP, net interest outlays would more than double during that period, rising from 1.4 percent to 3.4 percent. We are going to reach those numbers way before their 2020 forecast.

That makes your rating go down.

A he said/she said bull crap we’re gonna blame your party for a governmental shut down doesn’t effect how you service the debt and doesn't effect your rating with S&P.

Complete fucking horseshit, and typical of your delusional, sophistic pandering:

...In a note to clients on August 16, Goldman Sachs' Alec Phillips discussed what's going on at the credit rating agencies:

Standard & Poor’s and Moody’s revised their outlook on the US rating from negative to stable earlier this summer, with AA+ and AAA ratings respectively.3 Given this, it seems unlikely that the debt limit debate would trigger negative ratings action from either agency unless Congress actually missed the deadline.

Fitch has indicated that the projected level of US debt is slightly below the level it views as inconsistent, so a downgrade from them on fiscal fundamentals appears unlikely.4 However, for now Fitch maintains a negative outlook on the rating, and noted in June that “failure to raise the federal debt ceiling in a timely manner (ie. several days prior to when the Treasury will have exhausted extraordinary measures and cash reserves) will prompt a formal review of the U.S. sovereign ratings and likely lead to a downgrade.” Fitch’s review looks likely to be completed before year end, probably after the upcoming fiscal deadlines have passed.

...

LINK

[jacksmar]

This is becoming a massive public relations nightmare for the GOP. They may well have driven more people into the arms of Obamacare and fucked themselves for many elections to come...

More than you know Nick.

Was through with these spineless assholes in 2004. The GOP won't even be the GOP in 10 years. The GOP may well be the Democrat party and Dems will simply be the Socialist Party.

Spot on.

[ELVIS]

They're all garbage if you ask me...

[baru911]

Complete fucking horseshit, and typical of your delusional, sophistic pandering:

Typical of your responses when faced with facts. Your original "I never think but just pull a fact out of your ass statement" was about the bond rating taking a hit due to a Gov. shutdown. Now you are attempting to cover it up and muddy the water with a quote in reference to a vote to raise the on the Debt Ceiling. That would be two entirely different things.

No one challenges you in here and you get away with Wikipedia style bullshit facts and attempts to then cover up how they are never thought out nor thought through. Sorry dude, but in typical fashion you loose when you get challenged.

[FORD]

More than you know Nick.

Was through with these spineless assholes in 2004. The GOP won't even be the GOP in 10 years. The GOP may well be the Democrat party and Dems will simply be the Socialist Party.

Spot on.

Where's the portal to this alternative universe you're apparently living in, Evil Jerksmear??



Because here on Earth, the Democratic party have become Republicans, and the Republican party have become batshit crazy, John Bircher extremist lunatics.

[jacksmar]

Where's the portal to this alternative universe you're apparently living in, Evil Jerksmear??

The portal is down the holler and make a right at Area 51.

Truth: The prez's veto pen is stronger than he knows. Check with Reagan.

[ZahZoo]

All this doom and gloom... geez.

Have you stopped to consider that these hundreds of thousands of "non-essential" government employees with a couple of extra days off may be out running errands, doing a little shopping, fixing a few things but overall out spending money that wouldn't have been spent had they been surfing Facebook siting in their offices..?

This may actually have a good short term effect on the over all economy!!

Please don't anyone even mention or consider... lost productivity... for Christ's sake!!

[ELVIS]

All this doom and gloom... geez.

Have you stopped to consider that these hundreds of thousands of "non-essential" government employees with a couple of extra days off may be out running errands, doing a little shopping, fixing a few things but overall out spending money that wouldn't have been spent had they been surfing Facebook siting in their offices..?

This may actually have a good short term effect on the over all economy!!

Either you're just dumb from too much fluoride or you're a government disinformant...

No friggin' way can you be for real with the crap you post regarding the dire straits of this country...

You constantly remind me of this guy with your posts...



"There are no American infidels in Baghdad. Never!"

"My feelings - as usual - we will slaughter them all"

"Our initial assessment is that they will all die"

"I blame Al-Jazeera - they are marketing for the Americans!"

"God will roast their stomachs in hell at the hands of Iraqis."

"They're coming to surrender or be burned in their tanks."

"No I am not scared, and neither should you be!"

"Be assured. Baghdad is safe, protected"

[FORD]

[ELVIS]

Real Americans aren't buying the left right crap anymore, FORD...

Give it a rest...

They all belong behind bars...

[FORD]

Real Americans know there is a very real battle between the "left" and the "right", but that inside the beltway, the only battle is between the corporatist right and the batshit crazy extreme right. This current bullshit in Congress being the prime example of that.

As the previous graphic states, the majority of Republicans would vote for a clean resolution right now. But BONER is scared shitless of a handful of lunatic teabaggers, so he won't allow a vote.

If Nancy Pelosi wasn't such a weak jellyfish, she would take advantage of this.... get into a meeting with some of these (relatively) "sane" Republicans, and pledge the Democratic votes to any one of them who would run for Speaker of the House and get BONER's drunken crybaby Oompa Loompa ass out of there. And Likud Cantor isn't an option either.

[ELVIS]

No way dude...

You're too wrapped up in the game...

Get some fresh air...

And watch this unrelated video, BTW...

[FORD]

The Reign Of Morons Is Here

By Charles P. Pierce

Only the truly naive can be truly surprised.

Only the truly child-like can have expected anything else.

In the year of our Lord 2010, the voters of the United States elected the worst Congress in the history of the Republic. There have been Congresses more dilatory. There have been Congresses more irresponsible, though not many of them. There have been lazier Congresses, more vicious Congresses, and Congresses less capable of seeing forests for trees. But there has never been in a single Congress -- or, more precisely, in a single House of the Congress -- a more lethal combination of political ambition, political stupidity, and political vainglory than exists in this one, which has arranged to shut down the federal government because it disapproves of a law passed by a previous Congress, signed by the president, and upheld by the Supreme Court, a law that does nothing more than extend the possibility of health insurance to the millions of Americans who do not presently have it, a law based on a proposal from a conservative think-tank and taken out on the test track in Massachusetts by a Republican governor who also happens to have been the party's 2012 nominee for president of the United States. That is why the government of the United States is, in large measure, closed this morning.

We have elected the people sitting on hold, waiting for their moment on an evening drive-time radio talk show.

We have elected an ungovernable collection of snake-handlers, Bible-bangers, ignorami, bagmen and outright frauds, a collection so ungovernable that it insists the nation be ungovernable, too. We have elected people to govern us who do not believe in government.

We have elected a national legislature in which Louie Gohmert and Michele Bachmann have more power than does the Speaker of the House of Representatives, who has been made a piteous spectacle in the eyes of the country and doesn't seem to mind that at all. We have elected a national legislature in which the true power resides in a cabal of vandals, a nihilistic brigade that believes that its opposition to a bill directing millions of new customers to the nation's insurance companies is the equivalent of standing up to the Nazis in 1938, to the bravery of the passengers on Flight 93 on September 11, 2001, and to Mel Gibson's account of the Scottish Wars of Independence in the 13th Century. We have elected a national legislature that looks into the mirror and sees itself already cast in marble.

We did this. We looked at our great legacy of self-government and we handed ourselves over to the reign of morons.

This is what they came to Washington to do -- to break the government of the United States. It doesn't matter any more whether they're doing it out of pure crackpot ideology, or at the behest of the various sugar daddies that back their campaigns, or at the instigation of their party's mouthbreathing base. It may be any one of those reasons. It may be all of them. The government of the United States, in the first three words of its founding charter, belongs to all of us, and these people have broken it deliberately. The true hell of it, though, is that you could see this coming down through the years, all the way from Ronald Reagan's First Inaugural Address in which government "was" the problem, through Bill Clinton's ameliorative nonsense about the era of big government being "over," through the attempts to make a charlatan like Newt Gingrich into a scholar and an ambitious hack like Paul Ryan into a budget genius, and through all the endless attempts to find "common ground" and a "Third Way." Ultimately, as we all wrapped ourselves in good intentions, a prion disease was eating away at the country's higher functions. One of the ways you can acquire a prion disease is to eat right out of its skull the brains of an infected monkey. We are now seeing the country reeling and jabbering from the effects of the prion disease, but it was during the time of Reagan that the country ate the monkey brains.

What is there to be done? The first and most important thing is to recognize how we came to this pass. Both sides did not do this. Both sides are not to blame. There is no compromise to be had here that will leave the current structure of the government intact. There can be no reward for this behavior. I am less sanguine than are many people that this whole thing will redound to the credit of the Democratic party. For that to happen, the country would have to make a nuanced judgment over who is to blame that, I believe, will be discouraged by the courtier press of the Beltway and that, in any case, the country has not shown itself capable of making. For that to happen, the Democratic party would have to be demonstrably ruthless enough to risk its own political standing to make the point, which the Democratic party never has shown itself capable of doing. With the vandals tucked away in safe, gerrymandered districts, and their control over state governments probably unshaken by events in Washington, there will be no great wave election that sweeps them out of power. I do not see profound political consequences for enough of them to change the character of a Congress gone delusional. The only real consequences will be felt by the millions of people affected by what this Congress has forced upon the nation, which was the whole point all along.

Among other things, the Library Of Congress is closed as a result of what the vandals have done. Padlock study and intellect. Wander aimlessly down the mall among the shuttered monuments to self-government. Find yourself a food truck that serves monkey brains. Eat your fucking fill.

Link

[FORD]