The Tea Party downgrade

[briansd1]

[quote=aldante]Brian
S&P can downgrade us anytime. They are their own company. Your arguement all along has been so annoying.
*******If the country was not in such a terrible situation it never would have been faced with a downgrade. ********
[/quote]

S&P did not downgrade us because we are in bad financial shape (in relation to other countries S&P rates AAA). It’s all relative.

The “terrible shape” it the political brinkmanship the Tea Party created what will require a flight every time a debt limit rise is necessary.

S&P said the downgrade “reflects our view that the effectiveness, stability, and predictability of American policymaking and political institutions have weakened at a time of ongoing fiscal and economic challenges.

[quote=aldante]
If the market did not have at least some recognition that S&P has some reason for the downgrade the market would not have reacted.
Now do you want to blame the “market”?[/quote]

No I don’t blame the market. The market and government are joined at the hips. Ratings are important because they affect portfolio management.

I don’t blame the markets either for jumping when the Fed announces Quantitative Easing, low interest rates or other beneficial intervention . The markets look to government for guidance. Moreover, the markets expect the government to intervene to improve economic performance.

[KIBU]

[quote=eavesdropper]We will never go back to being the country we were until we can compromise and work together, which means actively seeking to breach the polarization that has infected us on every level. It is essential that we start taking the time to research things for ourselves, and not let others with vested interests to dictate the truth to us. Yes, we have been lazy and complacent and short-sighted, but we are still a great nation because we have the good fortune to be built upon a foundation laid by men of significant wisdom and foresight.[/quote]

I rarely read a long post. On long posts I usually read a word of each paragraph and fill in the blank with who knows what. But the piece above by Eaves is great that I had to read the whole thing and learned very interesting points. Yep I always wondered why many complained about the “liberal” media repressing information…etc. Eaves gave some interesting insights to think about.

[KIBU]

[quote=eavesdropper]We will never go back to being the country we were until we can compromise and work together, which means actively seeking to breach the polarization that has infected us on every level. It is essential that we start taking the time to research things for ourselves, and not let others with vested interests to dictate the truth to us. Yes, we have been lazy and complacent and short-sighted, but we are still a great nation because we have the good fortune to be built upon a foundation laid by men of significant wisdom and foresight.[/quote]

I rarely read a long post. On long posts I usually read a word of each paragraph and fill in the blank with who knows what. But the piece above by Eaves is great that I had to read the whole thing and learned very interesting points. Yep I always wondered why many complained about the “liberal” media repressing information…etc. Eaves gave some interesting insights to think about.

[KIBU]

[quote=eavesdropper]We will never go back to being the country we were until we can compromise and work together, which means actively seeking to breach the polarization that has infected us on every level. It is essential that we start taking the time to research things for ourselves, and not let others with vested interests to dictate the truth to us. Yes, we have been lazy and complacent and short-sighted, but we are still a great nation because we have the good fortune to be built upon a foundation laid by men of significant wisdom and foresight.[/quote]

I rarely read a long post. On long posts I usually read a word of each paragraph and fill in the blank with who knows what. But the piece above by Eaves is great that I had to read the whole thing and learned very interesting points. Yep I always wondered why many complained about the “liberal” media repressing information…etc. Eaves gave some interesting insights to think about.

[KIBU]

[quote=eavesdropper]We will never go back to being the country we were until we can compromise and work together, which means actively seeking to breach the polarization that has infected us on every level. It is essential that we start taking the time to research things for ourselves, and not let others with vested interests to dictate the truth to us. Yes, we have been lazy and complacent and short-sighted, but we are still a great nation because we have the good fortune to be built upon a foundation laid by men of significant wisdom and foresight.[/quote]

I rarely read a long post. On long posts I usually read a word of each paragraph and fill in the blank with who knows what. But the piece above by Eaves is great that I had to read the whole thing and learned very interesting points. Yep I always wondered why many complained about the “liberal” media repressing information…etc. Eaves gave some interesting insights to think about.

[KIBU]

[quote=eavesdropper]We will never go back to being the country we were until we can compromise and work together, which means actively seeking to breach the polarization that has infected us on every level. It is essential that we start taking the time to research things for ourselves, and not let others with vested interests to dictate the truth to us. Yes, we have been lazy and complacent and short-sighted, but we are still a great nation because we have the good fortune to be built upon a foundation laid by men of significant wisdom and foresight.[/quote]

I rarely read a long post. On long posts I usually read a word of each paragraph and fill in the blank with who knows what. But the piece above by Eaves is great that I had to read the whole thing and learned very interesting points. Yep I always wondered why many complained about the “liberal” media repressing information…etc. Eaves gave some interesting insights to think about.

[KIBU]

Duplicates

[KIBU]

Duplicates

[KIBU]

Duplicates

[KIBU]

Duplicates

[KIBU]

Duplicates

[eavesdropper]

[quote=KIBU][quote=eavesdropper]We will never go back to being the country we were until we can compromise and work together, which means actively seeking to breach the polarization that has infected us on every level. It is essential that we start taking the time to research things for ourselves, and not let others with vested interests to dictate the truth to us. Yes, we have been lazy and complacent and short-sighted, but we are still a great nation because we have the good fortune to be built upon a foundation laid by men of significant wisdom and foresight.[/quote]

I rarely read a long post. On long posts I usually read a word of each paragraph and fill in the blank with who knows what. But the piece above by Eaves is great that I had to read the whole thing and learned very interesting points. Yep I always wondered why many complained about the “liberal” media repressing information…etc. Eaves gave some interesting insights to think about.[/quote]

Thanks for the kind words, KIBU. I do find the continuous accusation that the MSM “suppresses” news that is “unfavorable to liberals” or “favorable to conservatives” quite disturbing. The spreading of this falsehood by vested interests, and its uptake by their followers has led to the current reality that people are creating their own “alternate realities” from rumors that are passed from one source to another, and then complaining that the press is suppressing the “true story”.

When I evaluate the profound change that has taken place in our culture over the past 15 years, I am shocked and saddened by what we have allowed to slip away, and by what we have helped to develop in its place.

[eavesdropper]

[quote=KIBU][quote=eavesdropper]We will never go back to being the country we were until we can compromise and work together, which means actively seeking to breach the polarization that has infected us on every level. It is essential that we start taking the time to research things for ourselves, and not let others with vested interests to dictate the truth to us. Yes, we have been lazy and complacent and short-sighted, but we are still a great nation because we have the good fortune to be built upon a foundation laid by men of significant wisdom and foresight.[/quote]

I rarely read a long post. On long posts I usually read a word of each paragraph and fill in the blank with who knows what. But the piece above by Eaves is great that I had to read the whole thing and learned very interesting points. Yep I always wondered why many complained about the “liberal” media repressing information…etc. Eaves gave some interesting insights to think about.[/quote]

Thanks for the kind words, KIBU. I do find the continuous accusation that the MSM “suppresses” news that is “unfavorable to liberals” or “favorable to conservatives” quite disturbing. The spreading of this falsehood by vested interests, and its uptake by their followers has led to the current reality that people are creating their own “alternate realities” from rumors that are passed from one source to another, and then complaining that the press is suppressing the “true story”.

When I evaluate the profound change that has taken place in our culture over the past 15 years, I am shocked and saddened by what we have allowed to slip away, and by what we have helped to develop in its place.

[eavesdropper]

[quote=KIBU][quote=eavesdropper]We will never go back to being the country we were until we can compromise and work together, which means actively seeking to breach the polarization that has infected us on every level. It is essential that we start taking the time to research things for ourselves, and not let others with vested interests to dictate the truth to us. Yes, we have been lazy and complacent and short-sighted, but we are still a great nation because we have the good fortune to be built upon a foundation laid by men of significant wisdom and foresight.[/quote]

I rarely read a long post. On long posts I usually read a word of each paragraph and fill in the blank with who knows what. But the piece above by Eaves is great that I had to read the whole thing and learned very interesting points. Yep I always wondered why many complained about the “liberal” media repressing information…etc. Eaves gave some interesting insights to think about.[/quote]

Thanks for the kind words, KIBU. I do find the continuous accusation that the MSM “suppresses” news that is “unfavorable to liberals” or “favorable to conservatives” quite disturbing. The spreading of this falsehood by vested interests, and its uptake by their followers has led to the current reality that people are creating their own “alternate realities” from rumors that are passed from one source to another, and then complaining that the press is suppressing the “true story”.

When I evaluate the profound change that has taken place in our culture over the past 15 years, I am shocked and saddened by what we have allowed to slip away, and by what we have helped to develop in its place.

[eavesdropper]

[quote=KIBU][quote=eavesdropper]We will never go back to being the country we were until we can compromise and work together, which means actively seeking to breach the polarization that has infected us on every level. It is essential that we start taking the time to research things for ourselves, and not let others with vested interests to dictate the truth to us. Yes, we have been lazy and complacent and short-sighted, but we are still a great nation because we have the good fortune to be built upon a foundation laid by men of significant wisdom and foresight.[/quote]

I rarely read a long post. On long posts I usually read a word of each paragraph and fill in the blank with who knows what. But the piece above by Eaves is great that I had to read the whole thing and learned very interesting points. Yep I always wondered why many complained about the “liberal” media repressing information…etc. Eaves gave some interesting insights to think about.[/quote]

Thanks for the kind words, KIBU. I do find the continuous accusation that the MSM “suppresses” news that is “unfavorable to liberals” or “favorable to conservatives” quite disturbing. The spreading of this falsehood by vested interests, and its uptake by their followers has led to the current reality that people are creating their own “alternate realities” from rumors that are passed from one source to another, and then complaining that the press is suppressing the “true story”.

When I evaluate the profound change that has taken place in our culture over the past 15 years, I am shocked and saddened by what we have allowed to slip away, and by what we have helped to develop in its place.

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