Off-Topic: The Democrat Debt Downgrade

Echo Reservoir Topics

(Echo Reservoir Specific)

0 messages

Updated

Off-Topic

Lakes Online Forum

84,091 messages

Updated 11/8/2024 10:28:12 AM

Boat Maintenance

Lakes Online Forum

5,204 messages

Updated 9/14/2024 10:10:50 AM

Echo Reservoir Fishing

(Echo Reservoir Specific)

0 messages

Updated

Jokes

Lakes Online Forum

4,172 messages

Updated 9/9/2024 5:04:44 PM

Sports

Lakes Online Forum

4,262 messages

Updated 11/6/2024 6:43:09 PM

Grilling & Recipes

Lakes Online Forum

2,979 messages

Updated 6/26/2024 5:03:03 AM

Tallapoosa River Topics

Lakes Online Forum

98 messages

Updated 4/15/2024 1:00:58 AM

Forum Usage Rules

Welcome, Guest

Select View Mode: [ classic | beta | recent ]

	Name:	water_watcher -
	Subject:	The Democrat Debt Downgrade
	Date:	8/8/2011 5:22:30 PM

GF ... I also saw an interview this sunday of S&P and they said that if the first bill the house passed that included a balance budget amendment passed, they would not have cut the rating reguardless of the budget cuts since they feel the states will ratify. They were then asked would the raise the rating if a balanced budget amendment passes and their response was it would definitely make a difference and would be looked at very closely.

This is now a time for Obama to lead and work with the republicans and get this fixed and stop with the class warfare that does nothing to solve the problem.

I posted this before .... if Obama raised the taxes to 100% on those making over $250K (or as he likes to say the millionares and billionares - what a joke) ... in other words every penny made goes to the government ... it would only cut this years deficit by 45%.

So lets get real .... it is a spending problem, not a revenue problem. He and the other dems can talk about oil company tax breaks and corporate jets, etc ... those talking points only make a difference to ignorant people ... from solving the problem it does nothing.

In fact his tax payers paid "bus tour" is a bigger waste.