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I smell a big fat rat on this credit downgrade....

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kentuck Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Aug-06-11 08:26 PM
Original message
I smell a big fat rat on this credit downgrade....
I think it might be part of a bigger plan to continue tearing down the Obama Presidency? Why did not Moody's downgrade the country's credit? Why just the S&P ?

Something smells in Denmark. This has Republican dirty trick all over it and it stinks to high heaven.

The downgrade was an action that was not necessary. It seems to this novice that it was done for purely political reasons. Anyone else smell that rat?
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spanone Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Aug-06-11 08:29 PM
Response to Original message
1. would this downgrade have occurred if the debt ceiling had been raised without a fight?
there was no talk of a downgrade before the debt ceiling b.s.

remember, the right's mission is to make Obama a one-term President.
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AlinPA Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Aug-06-11 08:30 PM
Response to Original message
2. Some of the language sounded like republican talking points: did not cut enough, etc.
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RagAss Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Aug-06-11 08:30 PM
Response to Original message
3. I agree. Follow the money.
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flamingdem Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Aug-06-11 08:32 PM
Response to Reply #3
5. Exactly, who made that BILLION dollar trade on Thursday? RATS PIRATES S+P REPUKES all nt
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AlinPA Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Aug-06-11 08:32 PM
Response to Original message
4. Look whtat Buffett said: "we should be AAAA"
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riderinthestorm Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Aug-06-11 08:35 PM
Response to Original message
6. The Obama Admin knew this was a possibility way back in lame duck 2010
when the Bush tax cuts were due to expire and Obama had BOTH houses of Congress. Hard action should have occurred then. If there's a rat, I am looking towards the Dems who fully understood the political landscape then.
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fadedrose Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Aug-06-11 09:17 PM
Response to Reply #6
12. All Dems didn't want Obama to win...
Some were sore losers and many people in and around the White House were among them. Is he getting advice in decisions and negotiations that is hurting him so that he doesn't run again, leaving the road clear for_________insert your choice here...
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democracy1st Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Aug-07-11 02:16 PM
Response to Reply #12
16. his advisors are liberal?
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DonCoquixote Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Aug-06-11 08:46 PM
Response to Original message
7. see this thread
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DJ13 Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Aug-06-11 08:47 PM
Response to Original message
8. might be part of a bigger plan to continue tearing down the Obama Presidency?
More like the government itself.

They want to tear it down and recreate the limited government that we had in the late 1800's.
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murphyj87 Donating Member (570 posts) Send PM | Profile | Ignore Sat Aug-06-11 08:56 PM
Response to Original message
9. Didn't?
Didn't the Standard and Poors press release mention specifically lack of increase in revenue more than anything about cuts?
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Odin2005 Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Aug-06-11 09:01 PM
Response to Original message
10. S&P is owned by McGraw-Hill, the CEO of which is a Romney supporter.
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flamingdem Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Aug-07-11 09:45 PM
Response to Reply #10
17. good catch nt
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kentuck Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Aug-06-11 09:13 PM
Response to Original message
11. President Obama should use his Justice Dept...
and investigate these shenanigans.
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Fearless Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Aug-06-11 09:17 PM
Response to Original message
13. Must be "racism".
Edited on Sat Aug-06-11 09:17 PM by Fearless
:eyes:


If you don't pay your credit cards, the interest goes up... In terms of the national debt it is similar, except that for people to lend you money the interest goes up when you are not as likely to repay. It's basic economics.
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indepat Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Aug-07-11 02:09 PM
Response to Original message
14. The stench of rats has been overwhelming these past ten
years. :patriot:
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SmileyRose Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Aug-07-11 02:13 PM
Response to Original message
15. do you really think they give one crap about Obama?
there is a small group of wealthy elite scattered around the world pulling the strings. Obama (or any world leader) is no more important to them than you or me. If anyone with the least power gets in the way, they can be easily dispatched.
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amborin Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Aug-07-11 10:02 PM
Response to Original message
18. Jane Hamsher said this wks ago when they 1st threatened, and again several days ago:
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