[Vision2020] CNN Breaking News
Gary Crabtree
jampot at roadrunner.com
Sat Aug 6 15:50:43 PDT 2011
"Of course, anyone listening to reputable news and not selectively quoting is aware of this little gem, which is also in the article Gary selectively quoted from:
"The majority of Republicans in Congress continue to resist any measure that would raise revenues," the firm said."
BHO and the dems had the opportunity to raise revenues with out even lifting a finger and there was nothing that Republicans could have done to stop it. In fact, your progressive pals had to go out of their way to avoid letting GW's tax cuts expire. I'm dying to hear how the greedy Tea Party vermin pulled that one off. The democrats also had two full years of total executive and legislative control. During that time they did what exactly to address the countries deficit problem? ( I can sure list several ways in which they made it worse) Can you point to the language in the dems budget that would have resulted in reduced spending and explain how the Tea Party might be responsible for the glaring omission?
As a side note I'm also curious as to what makes your selective quote in some way superior to mine? Last time I checked, all quotes are selective.
g
From: Saundra Lund
Sent: Saturday, August 06, 2011 10:00 AM
To: 'Tom Hansen' ; 'Donovan Arnold'
Cc: 'Moscow Vision 2020'
Subject: Re: [Vision2020] CNN Breaking News
Selective quoting yet again, eh, Gary?
For those interested, here's the link to the article Gary is quoting:
http://tinyurl.com/WP-S-P-Downgrades
Of course, anyone listening to reputable news and not selectively quoting is aware of this little gem, which is also in the article Gary selectively quoted from:
"The majority of Republicans in Congress continue to resist any measure that would raise revenues," the firm said."
So, yes, let's be sure to be honest about the teabaggers' role in this fiasco: they are apparently too economics challenged to understand that the US simply cannot appropriately deal with our debt without increasing revenue as well as addressing spending. That ignorance plays a significant - perhaps the most significant -- role in this disaster.
And, the current GOP leadership obviously lacks the backbone to stand up to these lunatics who are willing to absolutely destroy this country's economy in the name of their flawed ideology.
Perhaps a great example is the FAA deauthorization - they were so stupid they thought they were saving taxpayers money (as well as attacking the hard working American men & women who make up airlines) by preventing the FAA from collecting taxes. But, what really happened? The same damn thing that happens nearly every time we give big corporations a "break": the airlines ran with their corporate greed & simply jacked up ticket prices.
As near as I can tell, the 'baggers either think greed is a virtue or are as stupid as their hero Greenspan was about the pervasiveness of greed & the loss of humanity, compassion, and caring for others in America.
They must be so proud.
Which speaks volumes about what's gone wrong with this country - greed & ignorance trump all.
Saundra Lund
Moscow, ID
The only thing necessary for the triumph of evil is for good people to do nothing.
~ Edmund Burke
***** Original material contained herein is Copyright 2011 through life plus 70 years, Saundra Lund. Do not copy, forward, excerpt, or reproduce outside the Vision 2020 forum without the express written permission of the author.*****
From: vision2020-bounces at moscow.com [mailto:vision2020-bounces at moscow.com] On Behalf Of Gary Crabtree
Sent: Saturday, August 06, 2011 7:19 AM
To: Tom Hansen; Donovan Arnold
Cc: Moscow Vision 2020
Subject: Re: [Vision2020] CNN Breaking News
>From today's Washington Post
"...the bipartisan agreement reached this week to find at least $2.1 trillion in budget savings "fell short" of what was necessary to tame the nation's debt over time and predicted that leaders would not be likely to achieve more savings in the future."
Was it the Tea Party that was fighting tooth nail in favor of raising the debt limit to an absolute all time high with no spending reductions what so ever? Was it the Tea party that would have no part of the cut, cap, and balance plan or the Mack penny plan that would have put the country on a path to solvency? Can you point to a single democrat/progressive plan that might have had as a result even a slight reduction in the countries debt burden? Heck, with two years of total government control they couldn't even pass a budget.
The bond rating agencies want to see spending and the debt required to perpetuate it brought under control, a goal that is at the very heart of the "Tea Party stench."
g
From: Tom Hansen
Sent: Friday, August 05, 2011 7:13 PM
To: Donovan Arnold
Cc: Moscow Vision 2020
Subject: Re: [Vision2020] CNN Breaking News
This downgrading, if adopted by the other two rating firms, has more of an adverse impact than you suggest, Mr. Arnold.
Do you realize that most, if not all, 301Ks are committed to investments with AAA ratings ONLY?
The result could be catastrophic
Seeya round town, Moscow.
Tom Hansen
Moscow, Idaho
"The Pessimist complains about the wind, the Optimist expects it to change and the Realist adjusts his sails."
- Unknown
On Aug 5, 2011, at 18:57, Donovan Arnold <donovanjarnold2005 at yahoo.com> wrote:
The good thing about a democracy is you get what you voted for. And the bad thing about democracy is you get what you voted for. Unfortunately, it is going to take much more than a downgrade of AAA to AA+ from S&P to make the American people respond to this economic crisis. I heard on NPR today that only 58% of the adult US population is employed. Scary!
Donovan Arnold
From: Tom Hansen <thansen at moscow.com>
To: Moscow Vision 2020 <vision2020 at moscow.com>
Sent: Friday, August 5, 2011 7:17 PM
Subject: [Vision2020] CNN Breaking News
Read on, V-Peeps.
More "good" news to pass on to the Tea Party stench, the cause behind this
downgrade.
http://money.cnn.com/2011/08/05/news/economy/downgrade_rumors/index.htm
The downfall of the market this week may foreshadow things to come.
Seeya round town, Moscow.
Tom Hansen
Moscow, Idaho
"Believe we're gliding down the highway
When in fact we're slip slidin' away."
- Paul Simon
---------------------------- Original Message ----------------------------
Subject: CNN Breaking News
From: "CNN Breaking News" <BreakingNews at mail.cnn.com>
Date: Fri, August 5, 2011 5:31 pm
To: textbreakingnews at EMA3LSV06.TURNER.COM
--------------------------------------------------------------------------
Rating agency Standard & Poor's says it has downgraded the U.S. credit
rating to AA+ from its top rank of AAA.
Rating agencies analyze risk and give debt a "grade" that reflects the
borrower's ability to pay the underlying loans.
The safest bets are stamped AAA. That's where U.S. debt stood for years.
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