Congress has lost its mind...

[tw]

Originally Posted by Stormieweather

How hypocritical to claim austerity needs and bray about spending cuts when their own actions are costing our country a shit ton of money.

Never forget that all here read what was going to happen when these problems was being promoted by lies in 2002. Kennedy tax cuts hyped as if economic salvation. So, due to those tax cuts, the American average income has dropped 2%. Due to those and other money games, we now have massive unemployment and economic calamity. Including massive debts to pay for those tax cuts. Warning were bluntly posted with examples from history back in early 2000s. Welcome to reality.

Never forget that all here read what was going to happen when lies called Mission Accomplished were being promoted in 2003. Mission Accomplished is doing exactly what was predicted when the problem was being promoted by lies in 2003. Due to a war intentionally promoted by lies (ie America does not do nation building), we now have massive unemployment and economic calamity. Including massive debts now being paid and still to be paid for that war. Warnings were bluntly posted with examples from history back in 2003. Welcome to reality.

Most never remember back more than two years. We now pay for Mission Accomplished, tax cuts, the intentional stifling of science and innovation, deregulating industries that are traditionally the most corrupt, welfare that Republicans especially love, unrestricted purchasing of politicians, protecting corruption (ie Enron, CA energy crisis), and "Reagan proved that deficits don't matter".

How much worse could it be? Remember, the wacko extremists (now called a tea party) wanted to divest Social Security into the stock market? Why does most everyone now forget that? Many want to forget how easily wacko extremist propaganda can tell them how to think. Wacko extremists said government regulations subvert economic growth. So we believed it. Everywhere that regulations were reduced or eliminated or not implemented (Basil 2, hedge funds, accounting rules, SEC), we now have major recession, world record fraud, and companies that went running to government for protection. Warnings were bluntly posted with examples from history back in 2000s. Welcome to reality. Because we were all as smart as George Jr.

All lights were flashing red. He even had a memo on his desk warning of the attack. Our extremists did nothing to avert that attack. And did not make any decisions on 11 September 2001. We actually called them leaders? Yes because so many of us are told how to think rather than think.

What idiot would think investing Social Security in the stock market was smart? Welcome to the resulting reality.

Why do we no longer have a manned space program? Because the same wacko extremists (tea party types) did what any George Jr would do. Spend money on 'defective when proposed' Orion, Ares, and Constellation. Do anything but innovate. Advocate a ridiculous Man to Mars. Useless space vehicles created by extremists with only a political agenda - American leaders in early 2000s. Welcome to reality. This is how we pay for those decisions.

How many people are still so dumb as to not admit how easily liars and extremists had them manipulated? Those same scumbags would rather default the American government rather than learn an extremist agenda is the problem.

Many are so stupid dumb as to still not realize how massive government loans (Tarp) literally saved the American economy for a mess created by the dumbest people in early 2000s.

Disasters created when fools recommend tax cuts; Mission Accomplished; vehicles with 1968 technology engines; economic experts who are only stock brokers and MBAs; contempt for our allies; torture and extraordinary rendition; subverting of stem cell, environmental, quantum physics, and other sciences in the name of glory or political agendas; axis of evil; religion with political agendas (that even protects pedophiles); more children left behind; and everything in terms of left verses right.

If responsible, we slash our military across the board by 30+% since that is how economically diminished we have become. Responsible spending cuts will be necessary to hurt all Americans harshly because the wealth will no longer be there. One need only view the education numbers to see what we can afford in 20 years. Or view where the world's science is moving to get away from our wacko extremists.

Whereas the future in 1950 was the transistor, the future today is quantum physics. Today so few understand sciences as to now realize why the world's future - research in quantum physics - is moving to places such as Cern. So many are so foolish dumb as to even deny global warming. America now invests more in jails and extremist propaganda institutions. Economics today is traceable to decisions made ten years ago when these problems were being created by Rush Limbaugh / Sarah Palin / George Jr type extremists.

How dumb are these people? They even created the Constellation space program - because "Reagan proved that deficits don't matter". So separated from science as to think a Man on Mars is good science. So extremist as to only understand what had already been done - ie Apollo. We are now paying for an America when it was run by extremists.

These FAA problems are directly traceable to what extremists did after 2000. And by the same extremist agenda that stiil refuses to admit why we now have these problems. It was the same right wing extremist mindset that resulted in the famous expression, "We have met the enemy. And he is us".

[TheMercenary]

[ZenGum]

I just caught up on this FAA / airport stuff.

Jebus #$%&ing Christ, congress, get you shit together.

[TheMercenary]

Originally Posted by Stormieweather

If it were up to me, all the FAA employees would be OFF the job until this was resolved. When air travel grinds to a halt, congress will get it's ass back to Washington to resolve it, guaranteed.

I would have to agree. It would change behavior much more quickly.

[BigV]

S and P has downgraded the rating of US Treasury bonds from AAA to AA+.

They say it is because they don't believe our government will get its act together enough to take care of our financial promises.

[tw]

Two bond rating agencies downgraded Italy's government bonds. So another wacko extremist (Berlusconi) had the cops raid both company's offices.

Berlusconi has only done what extremists in America also did so many years ago. Running up debts so that the debts never appear on any spread sheet. Today we are paying for our year 2000+ wakcos. Italy has yet to start paying for their wacko who is still in power. The Euro is in major crisis especially when the EU’s #3 largest economy is that fiscally irresponsible.

Ironically, even Chavez in Venezuela has been more responsible than Berlusconi.

[Urbane Guerrilla]

Is that something you can prove by the numbers, tw? Because the only man I can think of more irresponsible than Hugo Chavez is Barack Obama. Not much to choose between either as to wacko extremism; they are birds of a feather.

[TheMercenary]

Slanted political view, but one I happen to agree with...

S&P Drops U.S. Credit Rating to AA+ // Obama and Reid’s Crowning Achievement

http://legalinsurrection.com/2011/08...=Google+Reader

[TheMercenary]

This guy nails it...

[richlevy]

He still fails to mention the tax rate is lower than it has been in the past half century, and that the reason the tax cuts were set to expire was that even the conservatives that voted for them 10 years ago realized what a ticking time bomb they were.

He specifically cites the Democrats agenda, but is completely unwilling to mention the Republicans intransigence on any revenue, be it letting tax cuts expire or removing the most egregious loopholes.

[BigV]

Originally Posted by TheMercenary

Slanted political view, but one I happen to agree with...

S&P Drops U.S. Credit Rating to AA+ // Obama and Reid’s Crowning Achievement

http://legalinsurrection.com/2011/08...=Google+Reader

Democrats own the downgrade. They fought Republicans and Tea Party supporters every step of they way, and forced a deal which was insufficient. They played class warfare and race politics against arguments that we needed to drastically change our spending habits.

or...

republicans are responsible for the downgrade. they bent over for the democrats and were and are their bitches, refusing to do their duty to America. they let themselves be ordered around, feckless and clueless, they lost the argument and they'll lose the elections to come.

Is that shit helpful? Really? The WHOLE "article" is just four sentences, they add nothing.

[Griff]

Interesting tidbit of the day: Standard and Poor's is a division of McGraw Hill. Feel free to connect any dots you find important.

[SamIam]

Originally Posted by The Mercenary

Slanted political view, but one I happen to agree with...

No, Really?

Originally Posted by Griff

Interesting tidbit of the day: Standard and Poor's is a division of McGraw Hill. Feel free to connect any dots you find important.

What am I missing? Where are the dots?

I don't know about the S & P/McGraw Hill conspiracy, but I do know that anyone who refuses to make payments on his debts is going to have his credit rating reduced. The US should not be surprised to be held to a similar standard.

There's a saying that a people get the government they deserve. I don't know that it's especially true, but at this point, the Teabaggers certainly have the government they deserve. I cannot believe how irresponsible Congress has been, playing the party line and idealogies to the complete detriment of the nation. The right wing has been the worst culprit in this by their refusal to re-instate taxes. They are like children who want something for nothing, and everything and everyone in this nation from education to the military to seniors to children suffer as a result.

Pfffft!

[Griff]

McGraw Hill is invested very heavily in the Republican backed NCLB. They sell the textbooks and the standardized tests that the books teach to. They are very tight with the Bush family and Harold McGraw is a Romney supporter. To view them as neutral observers is a mistake even if their conclusion to down-grade is reasonable. Also remember that these are the same birds who gave a AAA rating to mortgage backed securities.

[SamIam]

Thank you. I knew McGraw Hill is a text book publisher, but didn't realize that it also publishes the S & P and lives in the Republican's back pockets. Jeez, wheels within wheels.