US needs to be less corrupt to get their AAA rating back.

wouldn't it be more prudent for the Tea Party to actually stay no, stop drinking tea, and actually getting to work providing prudent, rational, well thought out solutions instead of throwing tantrums and saying "no no no" ?
 
Digital Doctor said:
Interesting article on Greece and Corruption.
which should point the US in the direction it needs to head towards to get their AAA rating back.
Click to expand...

The "AAA" rating is provided by the corrupt US financial sector which "AAA" rated everything from Madoff Ponzi schemes to criminal mortgage fraud of AIG, CitiBank.

Getting an "AAA" rating immediately brings the recipient under suspicion of financial fraud and should avoided at all costs.

The corrupt ratings industry should have been closed down years ago.
 
Certainly it's time to tone down the Fox News rhetoric considering the democrats won in almost landslide fashion.

Here's a plot of where the Democrats did well.

628x471[1].webp
 
Digital Doctor said:
I see that 7% of America's budget goes to paying interest on the debt.
Click to expand...

The cost of 30 years of Reaganomics, broken only by Clinton's sound fiscal policy that gave US budget surplus and debt reduction.

We could eliminate $4T of the debt by having Social Security forgive the loan it made to Reaganomics over last 30 years. Interesting that GOP ideologues blame "entitlements" for US $14T in debt yet it was entitlements running a $4T surplus that had to lend money to pay for Reagan/Bush tax cuts and oil wars.
 
BGL said:
The cost of 30 years of Reaganomics, broken only by Clinton's sound fiscal policy that gave US budget surplus and debt reduction.
Click to expand...
Give it a rest. The election is over. You won. Why do you continue with these lies? Stop the campaigning and start working to save the country.
 
BGL said:
The "AAA" rating is provided by the corrupt US financial sector which "AAA" rated everything from Madoff Ponzi schemes to criminal mortgage fraud of AIG, CitiBank.

Getting an "AAA" rating immediately brings the recipient under suspicion of financial fraud and should avoided at all costs.

The corrupt ratings industry should have been closed down years ago.
Click to expand...
I think you need to change your tinfoil hat.
 
Brad L said:
I think you need to change your tinfoil hat.
Click to expand...

Anyone who thinks that Standard and Poor and its financial rating system, a system that rate Maddoff Ponzi schemes and worthless mortgage bonds as "AAA", is less than worthless is living in a tin foil world. It is a company with no creditability especially after it was caught AAA rating every failed Wall St firm in the Great Recession. S&P is a schill for the corrupt financial industry.
 
Brad L said:
Give it a rest. The election is over. You won. Why do you continue with these lies? Stop the campaigning and start working to save the country.
Click to expand...

Who ya gonna believe...Reagaonomics or your lying eyes.

Only way to save the country from repeating the disaster of Reaganomics is beat the GOP ideologues over the head with the hard numbers.

Deficit Debt/GDP

1945 ........ -47,553 117.5
1950 ........ -3,119 93.9
1955 ........ -2,993 69.4
1960 ........ 301 56.1
1965 ........ -1,411 46.9
1970 ....... . -2,842 37.8
1975 ........ -53,242 34.9 Debt/GDP declining for 35 years.
1981 ........ -78,976 32.6 Reagonomics begins Debt/GDP goes up first time in 35 years.
1982 ........ -127,989 35.4
1983 ........ -207,818 40.1
1984 ........ -185,388 41.0
1985 ........ -212,334 44.3
1986 ........ -221,245 48.5
1987 ........ -149,769 50.9
1988 ........ -155,187 52.5
1989 ........ -152,481 53.6
1990 ........ -221,194 56.4
1991 ........ -269,359 61.4
1992 ........ -290,402 65.1 Clintonomics beings Debt/GDP goes down again.
1993 ........ -255,013 67.2
1994 ........ -203,104 67.8
1995 ........ -163,899 68.4
1996 ........ -107,450 68.6
1997 ........ -21,940 67.2
1998 ........ 69,246 63.2
1999 ........ 124,600 61.4
2000 ........ 236,400 58.0
2001 ........ 127.300 57.4 Reaganomics restarts Debt/GDP goes up.
2002 ........ -157.800 59.7
2003 ........ -377.200 62.5
2004 ........ -412.100 63.9
2005 ........ -318.600 64.4
2006 ........ -249.200 64.7
2007......... -244.200 65.5
 
Threads like this are like blaring aids on a radio station that make change the channel to country music.
 
Top Bottom