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HelicopterOff Topics News & Politics › There is NO way the US could its our credit rating!
08-06-2011 05:37 AM  6 years agoPost 1
dilberteinstein

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texas - USA

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Ouch! Ouch! In this video Tim Geithner said the US WILL NOT LOSE its credit rating.

This is the idiot Obama put in in charge of the Treasury of the US.

http://www.theblaze.com/stories/did...o-to-the-video/

Watch the first few minutes of this video and think about who you want to vote for in 2012.

This guy is clueless and so is Obama.

90% of life is "showing up"

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08-06-2011 05:43 AM  6 years agoPost 2
dilberteinstein

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texas - USA

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If you're in the video watching mood, watch this:

Watch at YouTube

90% of life is "showing up"

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08-06-2011 05:56 AM  6 years agoPost 3
drdot

rrElite Veteran

So. California, Orange County.

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fwiw..

You know, it just struck me....In the video, Barry looks like he could be related to Desmond Dekker...Big difference being that Desmond was talented.....

BC

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08-06-2011 06:24 AM  6 years agoPost 4
Dennis (RIP)

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Oregon

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This is the idiot Obama put in in charge of the Treasury of the US.
Basically, this little A hole tax cheat said:

"If you get a bipartisan agreement, you can spend and spend forever and it will all be paid for by growth"

Thats what I heard in the first few minutes of his talk.

But, there is no growth. They stopped it in its tracks with ObamaCare, the stimulus, foolish and reckless spending, and 600 pages of additional regulations that will cost the private sector $9.5 billion per month to implement. Those regulations kick in this month.

You could see the arrogance and thick hardheadedness shining from his face.

Especially now.

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08-06-2011 06:39 AM  6 years agoPost 5
dilberteinstein

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texas - USA

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And yet the leftist media continues to cover for this out of control administration.

We need some full blown attack help from the Republicans. They should be running this interview with Geithner 24/7.

The elitist truly have control of the media outlets. And this is where the internet can come into play. I wish the Republicans would put a serious effort into the internet...how? I don't know.

90% of life is "showing up"

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08-06-2011 06:42 AM  6 years agoPost 6
Dennis (RIP)

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Oregon

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We need some full blown attack help from the Republicans. They should be running this interview with Geithner 24/7.
I suspect they will.

But, for the most part, it will be up to us.

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08-06-2011 06:47 AM  6 years agoPost 7
dilberteinstein

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texas - USA

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But, for the most part, it will be up to us
.

Left at the altar again.

90% of life is "showing up"

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08-06-2011 09:26 AM  6 years agoPost 8
shawmcky

rrElite Veteran

Isle of Wight,United Kingdom

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AAA is now AA+ With a bit more squabbling,you might even get it down to CCC if you try.

Team- unbiased opinion.K.I.S.S principle upheld here

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08-06-2011 09:56 AM  6 years agoPost 9
Jbull

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St. Cloud, Florida - USA

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Anything and I mean Anything that Obama touches turns to ****!
We have to get him out of office ASAP!

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08-06-2011 12:55 PM  6 years agoPost 10
baby uh1

rrVeteran

St. James, Mo.

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The Demonrats said that they would take our savings to pay their credit card bill and they just did it! Again!
The repubs are just as bad and need to be replaced by the Tea Party.

Anything is possible if you don't know what you are talking about!

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08-06-2011 01:42 PM  6 years agoPost 11
hams

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Ohio

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The repubs are just as bad and need to be replaced by the Tea Party.

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08-06-2011 01:46 PM  6 years agoPost 12
CX1

rrKey Veteran

Canada

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I guess nobody sees what the rebublicans are doing to sabotage the current administration so they can get back in power.

it's the republicans that put you in the hole, now Obamma has to dig you guys out and what does he get? dirt thrown on him

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08-06-2011 03:15 PM  6 years agoPost 13
baby uh1

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St. James, Mo.

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The downslide started in 2007 with the dems taking control of congress, then Obama jumped on that bandwagon and we now are on a runaway train to economic destruction!
The only ones trying to stop it are the Tea Party Republicans!
All of the buisness as usual dems, rinos and media wanks are still pushing us off of the cliff!

Obama, Reid, and Pelosi, not to mention their supporters, need to be tested for mental compentence. The very deffinition of insanity is doing the same thing (spend, tax and spend and tax again) over and over again no matter that it doesn't work, has been proven through history 100% not to work for anything except to buy votes from the lazy something for nothingers!

Anything is possible if you don't know what you are talking about!

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08-06-2011 03:42 PM  6 years agoPost 14
pigs dont fly

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City, State - Country

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I guess the US will lose it's default currency status next then?

Warning...This hobby is very addictive and may damage your wealth

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08-06-2011 05:00 PM  6 years agoPost 15
Dennis (RIP)

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Oregon

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I guess the US will lose it's default currency status next then?
We will simply loose more jobs.

The private sector is shacky as it is. Costs coming to them from the government are going to skyrocket soon, and they know it.

600 pages of new regulations costing the private sector $9.5 billion per month plus the coming and increasingly costly ObamaCare thing. The new regulations are taking affect this month. This month also all health insurance companies must provide free birth control to all women plus some other women issues. Those additional insurance costs WILL be passed onto the consumers.

Now, a down grade of the USA credit rating after repeated warnings to get control of spending and costly regulations.

We are circling the drain.

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08-06-2011 06:46 PM  6 years agoPost 16
baby uh1

rrVeteran

St. James, Mo.

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This all has me afraid to buy another helicopter and that is pissing me off!
Of course I might as well spend my money before Obama can and while it's still worth something.

Anything is possible if you don't know what you are talking about!

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08-06-2011 06:52 PM  6 years agoPost 17
baby uh1

rrVeteran

St. James, Mo.

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Is anyone out there enough of a financial guru to tell me if it's a good idea or not to put my retirement savings into Chinese currency?

Anything is possible if you don't know what you are talking about!

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08-06-2011 10:00 PM  6 years agoPost 18
Dragon2115

rrKey Veteran

New England

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it's the republicans that put you in the hole, now Obamma has to dig you guys out and what does he get? dirt thrown on him
Not true. The downturn began in 1995 when Robert Rubin (treasury secretary) and Bill Clinton loosened the lending restrictions in the CRA (community reinvestment act) which began the sub-prime lending boom. It just took 13 years to build up to crisis proportions. Bill Clinton even admitted that it "was a bad idea in hindsight" during the 2008 election cycle. All the credit default swaps and other dubious investment vehicles were nothing by comparison. Morgage debt is the foundation of the long term investment world. Flooding it with sub-prime loans undermined that foundation. As with a house, you can build a deck that's sketchy and when it colapses it will damage the house and hurt anybody standing on the deck, but the damage is limited and will be repairable. Undermine the foundation and the whole house including the deck comes crashing down. That's what happened because of the sub-prime morgages. Two people in particular are responsible, Barney Frank and Charles Schummer. Frank claimed everything was a-ok with Freddie and Fanny when it wasn't. Schummer announced publically a few months later that there were big financial problems at Fanny which triggered investors to pull their money out. That was the event that started the dominos falling. So if you want to talk about who trashed the economy in order to regain power it was the democrats that started this ball rolling.

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08-06-2011 10:18 PM  6 years agoPost 19
Dennis (RIP)

rrApprentice

Oregon

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Not true. The downturn began in 1995 when Robert Rubin (treasury secretary) and Bill Clinton loosened the lending restrictions in the CRA (community reinvestment act) which began the sub-prime lending boom. It just took 13 years to build up to crisis proportions. Bill Clinton even admitted that it "was a bad idea in hindsight" during the 2008 election cycle. All the credit default swaps and other dubious investment vehicles were nothing by comparison.
That was the event that started the dominos falling. So if you want to talk about who trashed the economy in order to regain power it was the democrats that started this ball rolling.
Yup, thats the way it was.

Read "Reckless Endangerment" by Gretchen Morgenson.

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08-06-2011 10:53 PM  6 years agoPost 20
Dwntyme

rrApprentice

U.S.A.

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The Default is a SHAM, it was used to push an attack on the 2nd,4th, and 5th amendments, The government can not and will not ever Default they just inflate by printing more money, you and I can default but the US never will.

Think about it

Love a Twitchy Heli.... :) and Remmington Model 700

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HelicopterOff Topics News & Politics › There is NO way the US could its our credit rating!
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