Monday, August 8, 2011

IF WE DON'T, WHAT WILL HAPPEN??

Standard & Poor's removed for the first time the triple-A rating the US has held for 70 years.  Moody's Investor Service did so first.

Democrats told us over and over and over and over, "If we don't raise the debt ceiling, we will lose our triple-A rating with Moody and S & P."

So, Republicans caved and agreed to raise the debt ceiling.

And what happened when we RAISED the debt ceiling?

Moody and S & P downgraded our national credit rating.

Of course, liberals now tell us there is no correlation between our magnificent DEAL and the downgraded credit rating.

Proving that they have absolutely NO understanding of economics in any way, shape or form.

Absolutely none.

They don't know how to balance their OWN checkbooks, let alone the government's.

Democrats are experts at projecting the wrong outcome and passing the blame onto others when their wrong projection doesn't happen.

Don't believe me?

Just read ANY liberal response in the comments section of this post, if any of them have the guts to respond.

22 comments:

Ducky's here said...

They don't know how to balance their OWN checkbooks, let alone the government's.

-------------------

Aren't you the one who lost his retirement fund through bad investments?

Glass house, stones?

Joe said...

Ducky: NO, I'm not.

I'm the one who lost his job of 28 years to the Democrat controlled economy and whose 401K lost its meager contents...something over which I had no control, since the company "provided" it with no opt-out at the time.

Get your fact straight or shut up!

GrouchyFogie said...

Preferably, shut up.

Lisa said...

I am holding my breath again after Ducky's comment but I am turning blue.

Lisa said...
This comment has been removed by the author.
Lisa said...

Joe just tell Ducky you're a poor a poor black man for no reason of your own.

Ducky's here said...

Joe, why is it always someone else's fault? Hardly an example of the right's vaunted "personal responsibility".

Lisa said...

It's Bush's and the Tea Party's Fault Ducky. Don't you follow Media Matters?

Z said...

Joe, I'm so sorry for that comment to you......and that you lost your job and 401K.

Lisa, that's exactly what my comment to poor Ducky was going to be. As IF this president or any on the left ever take any responsibility? Heck, this president's begging "Mr. Timothy S&P WILL NEVER LOWER OUR RATING Geithner" to stay!

And, by the way, sometimes it IS someone's fault and demands saying; something the lefties haven't allowed Americans to think in years....a really dangerous scenario, by the way.

Robert said...

Ducky's here seems to be happy that the Stock Market crashed.

Typical Commie.

Lone Ranger said...

I used to wonder why people would follow a Mao or a Hitler or a Stalin. Ducky is the poster child for Immutable Truths About Liberals #23. Liberals have only two political positions -- blind devotion and blind hatred.

There is nothing Obama could do to this country that Ducky and his ilk would oppose.

But, despite Obama's best efforts to destroy us, we are still the pick of the litter, the world's only superpower.

We just have to wait for another 530 days for the cavalry to ride to the rescue and save us from the barbarians inside the gates. Let's hope they're in time.

Joe said...

GF: Amen to that!

Lisa: Well, blue IS my favorite color.

"Joe just tell Ducky you're a poor a poor black man for no reason of your own."

My mother would be surprised.

And does Media Matters really matter?

Z: It's all a part of life, and He is still in control.

Robert: That Ducky is anything, let alone a typical anything, is a surprise to me. I'm not sure he really exists.

LR: Ducky specializes in the latter.

Mark said...

Apparently, I chased Ducky off my blog. And all I did was ask him to explain one of his stupid statements.

Either he couldn't or wouldn't.

So he disappeared.

Ducky's here said...

Gee, 450 point rally today. Some of the suckers who sold yesterday getting back in?

Well they did manage to depress Treasury yields and make debt servicing even cheaper. More reason not to cut spending right now.

Ducky's here said...

No Mark, you did nothing of the sort.

I couldn't take Chatsworth and Ranger Rick any longer.

I can't bring myself to believe they really live on the planet.

Joe said...

Ducky: Actually, I went over to Mark's blog and read the comment string.

Mark is telling the truth and you are lying.

That makes you a liar.

Now that's not me calling names, that's what you DID.

People who tell lies are, by definition, liars.

You told lies, therefore you are a liar.

Once you are caught in a deliberate lie, you owe it to those around you a list stating the things on which you can be trusted and the things on which you cannot be trusted.

Please provide me with such a list.

Mark said...

Ducky, while it may be true that you stopped commenting at my place because you are offended by two other commenters, the fact remains that you still didn't answer my questions.

What else am I to conclude?

Ducky's here said...

Well just what question are you referring to Mark.

Are you referring to the thread where you thought you could thoroughly critique social democracy with a clip from Judge Judy.

Remind me, I don't think about it a lot. The last thing I remember posting at your site was a reply to your comment that you weren't going to let me post and I said go ahead and ban me because it was a bore rag dolling Chatsworth.

Mark said...

You're being dishonest(again), Ducky.

I clearly gave you permission to stay and comment. My exact words (copied and pasted) were:

"You keep commenting here and showing your pretentious elitism and your astounding stupidity until I tire of your inanity and start deleting you."

I then reiterated the two questions I asked you, one of which was asked right here on Joe's blog:

The first question (asked here)was, Please explain how increasing entitlement spending will increase demand and decrease unemployment.

The second question: Explain how my post is inaccurate.

I don't know why I bother. Obviously Ducky has no intelligent answer, or he could have at least attempted answered the questions. Even Liberal Jim managed to answer one of them. It wasn't a very well thought out answer, but it was an answer, nonetheless.

Ducky can only mock and deride. He can offer nothing pertinent or educational to any discussion.

Just like all Liberals.

Mark said...

And, by the way, My post was not based on the Judge Judy clip, as you well know unless you didn't read past the clip. It simply illustrated my overall point, from the horse's mouth, so to speak.

More dishonesty on your part.

Actually, you show more honesty by running away than you do trying to refute my point.

Ducky's here said...

Thanks Mark but you assume I read the post.

Ducky's here said...

Regarding entitlements, I'm not sure what you include in the category but here's a start for you.

http://money.cnn.com/2008/01/29/news/economy/stimulus_analysis/index.htm