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  #61  
Old 09-22-2012, 11:01 AM
dWhite dWhite is offline
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Quote:
Originally Posted by Breeze Wood View Post
I am quite satisfied with my financial experiences - and have no debt which I am grateful for
Everyone is in debt of just a little over $41,000.
 
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  #62  
Old 09-23-2012, 12:37 PM
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Quote:
Originally Posted by dWhite View Post
Everyone is in debt of just a little over $41,000.
no person incurs a national debt, nor the debt incurred by Corporations are passed to its shareholders.

something as why there is "Credit Ratting" that remains AAA+ for the American Gov't. whether you agree with it or not.



Quote:
r: Speaking of heads in sand, you do realize the Inspector General just released his report on FnF and even though it was done by Holders own employees it was scathing, and two high level officials of Holders dept just resigned and there are likely more to come, right?

Remember when you told me this was no story and nothing would come of it? Guess that was wrong. Told you then it wasnt going to blow over.

Quote:
http://www.cnn.com/2012/09/19/us/us-...ort/index.html

The report found that Holder was not informed of the controversial ATF operation until 2011, after Border Patrol Agent Brian Terry was killed. In a written statement on the findings, Holder said the inspector-general's report upholds "what I, and other Justice Department officials, have said for many months now" -- that the tactics used pre-dated the Obama administration and that Justice Department leaders didn't try to hide the facts from lawmakers.

"It is unfortunate that some were so quick to make baseless accusations before they possessed the facts about these operations --

"It is unfortunate that some were so quick to make baseless accusations before they possessed the facts about these operations" ...


Quote:
r: Told you then it wasnt going to blow over.

what the report Blew Over was the obvious Witch Hunt conducted by Tea Party Republicans the report completely dispelled.

some people might take the time to read the reports they bring attention to before making misleading statements that do not exist.
 
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  #63  
Old 09-23-2012, 02:08 PM
Bob Barr's Avatar
Bob Barr Bob Barr is offline
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Quote:
Originally Posted by Breeze Wood View Post
something as why there is "Credit Ratting" that remains AAA+ for the American Gov't. whether you agree with it or not.
You are certainly entitled to your opinion, no matter how ridiculous I think it is. You are not, however, entitled to your own facts. That statement is demonstrably false:
Quote:
S&P downgrades U.S. credit rating for first time

By Zachary A. Goldfarb,

Standard & Poor’s announced Friday night that it has downgraded the U.S. credit rating for the first time, dealing a symbolic blow to the world’s economic superpower in what was a sharply worded critique of the American political system.

Lowering the nation’s rating to one notch below AAA, the credit rating company said “political brinkmanship” in the debate over the debt had made the U.S. government’s ability to manage its finances “less stable, less effective and less predictable.” It said 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.

“It’s always possible the rating will come back, but we don’t think it’s coming back anytime soon,” said David Beers, head of S&P’s government debt rating unit.
Source: http://www.washingtonpost.com/busine...IxI_story.html

That was the first credit downgrade in August of 2011.

Quote:
Egan-Jones downgrades US debt rating to AA- from AA, citing Fed’s plans to stimulate economy

NEW YORK — Egan-Jones, an independent credit-research firm, downgraded its rating on U.S. government debt to AA- from AA on Friday, citing the Federal Reserve’s plans to try to stimulate the economy.

The credit rating agency said the Fed’s plans to buy mortgage bonds will likely hurt the economy more than help it.

The plan will weaken the value of the dollar and push up prices for oil and other commodities, Egan-Jones said. That would leave less for consumers to spend on other things.

But at the same time, Egan-Jones warned that the federal government’s borrowing costs are likely to slowly rise as the global economy recovers.

On Thursday, the Fed said it would buy $40 billion of mortgage bonds a month to help the economic recovery.

It’s the second time the Haverford, Pa. shop has downgraded U.S. government debt in five months. In April, Egan-Jones lowered its rating on the U.S. to AA from AA+. It stripped the U.S. of a top AAA rating in July 2011.
Source: http://www.washingtonpost.com/busine...8eb_story.html

This was the second downgrade in September 2012.

Last edited by Bob Barr; 09-23-2012 at 02:11 PM.
 
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  #64  
Old 09-23-2012, 03:03 PM
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robjones robjones is offline
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Breeze - you're apparently constitutionally incapable of remembering your own claims. You told me nothing would come of the Fast and Furious story. You said it was "over" about a year ago. I said you were wrong. Now a year later there are top level officials resigning as a result.

So yeah... Told you so.

And it isnt over yet.

Just like your incorrect boasts at dp how the Dems would carry the 2010 elections, you spout the party line but either ignore or can't recognize reality.
 
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  #65  
Old 09-24-2012, 09:31 AM
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Quote:
BB: That was the first credit downgrade in August of 2011.
the only one of the major three to do so - in political sympathy for Tea Party Republicans who were / are responsible for the Downgrade for failing to honestly negotiate a plan for Debt Reduction that included the Necessary revenue increases to offset spending.

S&P's rate reduction has not reflected the Reality of American Treasuries being the World Premier Bond reflected by the lowest interest rate World Wide.

the Tea Party Republicans have not recover to date from their thrashing in August 2011 and have proven to be a totally inept legislative entity by adjourning the House earliest in 50 years with the greatest budgetary economic uncertainty in American history.


http://firstread.nbcnews.com/_news/2...-business?lite


House adjourns after few fall work days, punting on unfinished business

Kansas Rep. Kevin Yoder (R) gaveled out the day’s last vote at 12:12 p.m. on Friday afternoon, marking a historic moment for the House of Representatives, which has not adjourned this early before an election in over 50 years.

All told, lawmakers gathered for a grand total of eight legislative days since leaving for their annual summer break in early August. Those eight days all took place this month, following the Republican and Democratic National Conventions.

House members leave Washington with major business left unfinished, too. No progress was made on undoing the so-called “fiscal cliff,” the combination of automatic spending cuts and tax hikes set to spring into place in January. And lawmakers went home to campaign for re-election without having resolved their differences to pass a farm bill.

The historic nature of the adjournment was not lost on House Democrats, who held an event to chastise Republicans for "cutting and running" in the face of some of the largest economic issues facing our country in decades.


Quote:
r: And it isnt over yet.
(above) - were you speaking of the Tea Party House, because they left town earliest in 50 years without even a single attempt to solve the "Fiscal Cliff" the present Administration engineered at their expense in August 2011 as a solution to the National Debt the Republicans only response since as being to "cut and run" for reelection in hopes of salvaging their own prospects rather than the Nations they are entrusted to serve ???

or Fast and Furious which was nothing but a politically motivated and meritless Republican Witch Hunt that indeed has reached its predicted and final Inglorious Conclusion.
 
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  #66  
Old 09-24-2012, 10:01 AM
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I guess the government does not function like we common people. I have managed my budget just fine for the last 4 years with spending cuts and negative revenue increases.

Do you think it might work for them?????????????

Maybe they should try it.
 
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  #67  
Old 09-24-2012, 10:07 AM
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Quote:
Originally Posted by breeze
(above) - were you speaking of the Tea Party House, because they left town earliest in 50 years without even a single attempt to solve the "Fiscal Cliff" the present Administration engineered at their expense in August 2011 as a solution to the National Debt the Republicans only response since as being to "cut and run" for reelection in hopes of salvaging their own prospects rather than the Nations they are entrusted to serve ???

or Fast and Furious which was nothing but a politically motivated and meritless Republican Witch Hunt that indeed has reached its predicted and final Inglorious Conclusion.
So if even you acknowledge that the Democrats "engineered" the fiscal cliff, do ya really think it escapes the notice of rational voters?

As for FnF... So far the Attorney General has been found in criminal contempt for the first time in history... And even some of his own party voted for it, and two high ranking members of his hierarchy resigned when their own Inspector General lambasted their actions.

If you consider anything short of Holder being shot by a firing squad a "victory"... Then you were 100% right. Otherwise, you blew the call. And like I said... It isnt even over. Go ahead and say I'm wrong. You'll see it quoted later when that proves to be incorrect too.
 
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  #68  
Old 09-24-2012, 02:43 PM
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Breeze Wood Breeze Wood is offline
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The Fiscal Cliff exists at the insistence of the Obama Administration, Budget Control Act of 2011 and is meant not to escape the notice of rational voters -

the Administration has positioned itself as the responsible party in the matter of Deficit Reduction and with a hoped for beneficial return in November is poised to enact the necessary legislation to balance the National Budget Deficit - by both spending cuts and revenue increases paid for by those able to afford it.


Quote:
r: So far the Attorney General has been found in criminal contempt for the first time in history..
didn't Ed Mease go to Jail and a few other AG recently face indictments - Alberto Gonzales ...

at any rate the report as already explained Vindicated Eric Holder and the Citation is wholly without merit; past, present and future - hold your breath r till you hear again about the Citation against Holder being brought up in the House (except for its repeal), good luck.
 
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  #69  
Old 09-24-2012, 03:42 PM
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Quote:
Originally Posted by Breeze Wood View Post
The Fiscal Cliff exists at the insistence of the Obama Administration, Budget Control Act of 2011 and is meant not to escape the notice of rational voters -

the Administration has positioned itself as the responsible party in the matter of Deficit Reduction and with a hoped for beneficial return in November is poised to enact the necessary legislation to balance the National Budget Deficit - by both spending cuts and revenue increases paid for by those able to afford it.
Responsible party??? You've got to be kidding.

Is that why Obama has increased the national debt by more in 3 1/2 years than Bush did in 8 years? [And yes, I do have a source to back up that claim.]

Quote:
didn't Ed Mease go to Jail and a few other AG recently face indictments - Alberto Gonzales ...

at any rate the report as already explained Vindicated Eric Holder and the Citation is wholly without merit; past, present and future - hold your breath r till you hear again about the Citation against Holder being brought up in the House (except for its repeal), good luck.
Ed Meese did not go to jail (as much as your side wanted him to).

Why do you keep making statements that can so easily be proven to be false?
Quote:
Meese: `Good-Faith Compliance With the Law'

The Washington Post

May 29, 1988 | Patrick S. Korten

Bring in the guilty bastard. We'll give him a fair trial, and then we'll hang him. -Judge Roy Bean (or perhaps it was Breeze Wood)

Like America's most notorious hanging judge, Sen. Carl Levin has a curious notion of justice. Realizing that the fondest hope of congressional Democrats-an indictment of Attorney General Meese by Independent Counsel James McKay-isn't going to happen, he's decided to try and "hang him" anyway.

The theme of his most recent attack {"A Record of Shame: Why Meese Must Resign," Outlook, May 22} can be restated simply: "Okay, okay, so he hasn't violated any laws. But he doesn't meet my ethical standards for Republicans, so he's got to go anyway."
Source: http://www.highbeam.com/doc/1P2-1259583.html
 
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  #70  
Old 09-25-2012, 09:06 AM
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Breeze Wood Breeze Wood is offline
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Quote:
http://washingtonexaminer.com/crime-...8#.UGHRcFHwV-M


Crime History: Attorney general enters prison for role in Watergate scandal

On this day, June 22, in 1977, John N. Mitchell became the only U.S. attorney general to go to jail.

sorry Bob, it was John N. Mitchell a different Republican not Ed M. - and that makes (3) Republicans to (0) Democrats.

...........


Quote:
BB: Responsible party??? You've got to be kidding.
not Kidding: Budget Control Act of 2011 - is the compromise insisted on by the Obama Administration after the Tea Party Republicans withdrew their support of the Administrations 4.5 Trillion dollar Deficit Reduction Legislation in August 2011.

The Obama Administration successfully concluded the Great Recession begun at the conclusion of the Bush Administration in June of 09 with a positive GDP that has remained positive since that time ...

the excessive budget deficits the Great R caused were the outcome of the Policies and Principles of the Bush Administration and are not the responsibility of the Federal Reserve or the present Administration and are actually less than if the Recession had been allowed to become a Depression.
 
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  #71  
Old 09-25-2012, 11:55 AM
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Quote:
Originally Posted by Breeze Wood View Post
sorry Bob, it was John N. Mitchell a different Republican not Ed M. - and that makes (3) Republicans to (0) Democrats.

...........
Please refresh my memory. Who were the other two that you're referring to?

Quote:
not Kidding: Budget Control Act of 2011 - is the compromise insisted on by the Obama Administration after the Tea Party Republicans withdrew their support of the Administrations 4.5 Trillion dollar Deficit Reduction Legislation in August 2011.

The Obama Administration successfully concluded the Great Recession begun at the conclusion of the Bush Administration in June of 09 with a positive GDP that has remained positive since that time ...

the excessive budget deficits the Great R caused were the outcome of the Policies and Principles of the Bush Administration and are not the responsibility of the Federal Reserve or the present Administration and are actually less than if the Recession had been allowed to become a Depression.
If you consider 43 months under Obama with unemployment over 8% as having "successfully concluded" the purported "Great Recession", your devotion to The Cause is beyond question. (You blame Republicans almost as well, and as frequently, as your Dear Leader does.)
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