If the U.S. itself is reduced, who’s higher rated than the USA? Let’s get real. The U.S. will not default, even if it has to reduce its welfare state a little, or somehow mortgage the future of every baby born since the year 2000.
LOL… Lets get real, your feeling that the US is too big not to default has the assumption that we will do something different. As Albert Einstien said, The definition of insanity is to keep doing the same thing and expect a different outcome. So, with that said, How do you think that the US credit rating of AA+ should be AAA or as Warren Buffet said AAAA? LETS REALLY GET REAL!
If the US were a family (lets say Jones family) instead of a soverign country, here is how our ficticious families financials look. JUST DELETE 8 0s from the numbers.
The Jones Family income $24,000.
The Jones Family expenses $36,000.
The Jones Family yearly credit card bills $12,000.
The Jones Family mortgage balance $150,000.
The Jones family total unfunded future liabilities $610,000.
I think the Jones FICO credit score is somewhere around 510 and our nations credit rating is somewhere around A-
LETS ALL WAKE UP TO THE FACT WE CAN NOT KEEP LIVING LIKE THIS AND DOING THE SAME THING OVER AND OVER AND EXPECT A DIFFERENCT OUTCOME RATHER THAN THE TRACK WE ARE ON! WE ARE HEADED TOWARD A FINANCIAL COLLAPSE AND DEPRESSION LIKE NO OTHER!
And are you in the same boat as the Jones family, just waiting on the rest of us to bail you out???? Personally, I’m tired of having my taxes spent on those who don’t know how to or just dont’ want to take care of themselves.
It has become totally apparent due to the latest battle over the debt ceiling and even S&P agrees that we are totally incompatable and have proven that we have an irreconsilable nation and this nation needs political and ideological divorce.
liberals, leftists, social progressives, socialists, Marxists and Obama supporters, et al: We have stuck together since the late 1950’s for the sake of the kids, but the whole of this latest election process has made me realize that I want a divorce. I know we tolerated each other for many years for the sake of future generations, but sadly, this relationship has clearly run its
course.Our two ideological sides of America cannot and will not ever agree on what is right for us all, so let’s just end it on friendly terms. We can smile and chalk it up to irreconcilable
differences and go our own way.
Here is a my model separation agreement:
–Our two groups can equitably divide up the country by landmass
each taking a similar portion. That will be the difficult part, but I am sure our two sides can come to a friendly agreement. After that, it should be relatively easy! Our respective
representatives can effortlessly divide other assets since both sides have such distinct and disparate tastes.
–We don’t like redistributive taxes so you can keep them.
–You are welcome to the liberal judges and the ACLU.–Since you hate guns and war, we’ll take our firearms, the cops,the NRA and the military.–We’ll take the nasty, smelly oil industry and you can go with wind, solar and biodiesel.
–You can keep Oprah, Michael Moore and Rosie O’Donnell. You are, however, responsible for finding a bio-diesel vehicle big enough to move all three of them.
–We’ll keep capitalism, greedy corporations, pharmaceutical companies, Wal-Mart and Wall Street.-You can have your beloved
lifelong welfare dwellers, food stamps, homeless, homeboys, hippies,druggies and illegal aliens.-We’ll keep the hot Alaskan hockey moms, greedy CEO’s and rednecks.-We’ll keep the Bibles and give you NBC and Hollywood–You can make nice with Iran and Palestine and we’ll retain the right to invade and hammer places that threaten us.–You can have the peaceniks and war protesters. When our allies or our way of life are under assault, we’ll help provide them security.-We’ll keep our Judeo-Christian values.
–You are welcome to Islam, Scientology, Humanism, political correctness and Shirley McClain. You can also have the U.N. but we will no longer be paying the bill.-We’ll keep the SUV’s, pickup trucks and oversized luxury cars. You can take every Volt and Leaf you can find.–You can give everyone healthcare if you can find any practicing doctors. We’ll continue to believe healthcare is a luxury and not a right.–We’ll keep “The Battle Hymn of the Republic” and “The National Anthem.”–I’m sure you’ll be happy to substitute “Imagine”, “I’d Like to Teach the World to Sing”, “Kum Ba Ya” or “We Are the World”.–We’ll practice trickle down economics and you can continue to give trickle up poverty your best shot.–Since it often so offends you, we’ll keep our history, our name and our flag. Would you agree to this? If so,
please pass it along to other like-minded liberal and conservatives patriots and if you do not agree. In the spirit of
friendly parting, I’ll bet you answer which one of us will need whose help in 15 years.
Sarah, too funny! I think we can all agree that liberals come form mars and conservatives come from venus. How can you negotiate with an idiot who thinks you can spend money you do not have? How can you negotiate with someone who thinks that the rich do not pay their “fair share” even though they pay 70% of all taxes collected and the bottom 51% of people pay nothing at all? How can you negotiate with people who believe that you can not pledge allegiance to a flag or say a prayer but defend Islamic fundamentalist’s terrorism everywhere in the world? How can you negotiate with someone who thinks criminals should have guns but no one else should be able to have them?
So I guess its time to get my gun and ammo, fishing pole and gold and get ready for the liberals to totally bankrupt the country. I am not sure why liberals do not understand the word unsustainable?
Watch out for a pop in the dollar bubble, QE 1, QE 2, now QE 3. Fannie Freddie, medicare, soocial security. There is way too much preasure on the value of US Dollar. Soon this bubble will burst and treasuries will melt when the final bubble bursts thats the Debt bubble. Sorry if I am negative but just looking at thecoming storm clouds.
I hope carriers have found a safe haven other than bonds to park their assets. Northwestern bought 400 million in Gold two years ago. Probably a great idea.
Where was S&P when due diligence was needed when rating all the subprime mortgages investments? Oh right, they were selling their precious AAA rating to the highest bidders. Ironic that they finally decide to act now…..
If the U.S. itself is reduced, who’s higher rated than the USA? Let’s get real. The U.S. will not default, even if it has to reduce its welfare state a little, or somehow mortgage the future of every baby born since the year 2000.
LOL… Lets get real, your feeling that the US is too big not to default has the assumption that we will do something different. As Albert Einstien said, The definition of insanity is to keep doing the same thing and expect a different outcome. So, with that said, How do you think that the US credit rating of AA+ should be AAA or as Warren Buffet said AAAA? LETS REALLY GET REAL!
If the US were a family (lets say Jones family) instead of a soverign country, here is how our ficticious families financials look. JUST DELETE 8 0s from the numbers.
The Jones Family income $24,000.
The Jones Family expenses $36,000.
The Jones Family yearly credit card bills $12,000.
The Jones Family mortgage balance $150,000.
The Jones family total unfunded future liabilities $610,000.
I think the Jones FICO credit score is somewhere around 510 and our nations credit rating is somewhere around A-
LETS ALL WAKE UP TO THE FACT WE CAN NOT KEEP LIVING LIKE THIS AND DOING THE SAME THING OVER AND OVER AND EXPECT A DIFFERENCT OUTCOME RATHER THAN THE TRACK WE ARE ON! WE ARE HEADED TOWARD A FINANCIAL COLLAPSE AND DEPRESSION LIKE NO OTHER!
And are you in the same boat as the Jones family, just waiting on the rest of us to bail you out???? Personally, I’m tired of having my taxes spent on those who don’t know how to or just dont’ want to take care of themselves.
Russ, totally agree with you.
It has become totally apparent due to the latest battle over the debt ceiling and even S&P agrees that we are totally incompatable and have proven that we have an irreconsilable nation and this nation needs political and ideological divorce.
liberals, leftists, social progressives, socialists, Marxists and Obama supporters, et al: We have stuck together since the late 1950’s for the sake of the kids, but the whole of this latest election process has made me realize that I want a divorce. I know we tolerated each other for many years for the sake of future generations, but sadly, this relationship has clearly run its
course.Our two ideological sides of America cannot and will not ever agree on what is right for us all, so let’s just end it on friendly terms. We can smile and chalk it up to irreconcilable
differences and go our own way.
Here is a my model separation agreement:
–Our two groups can equitably divide up the country by landmass
each taking a similar portion. That will be the difficult part, but I am sure our two sides can come to a friendly agreement. After that, it should be relatively easy! Our respective
representatives can effortlessly divide other assets since both sides have such distinct and disparate tastes.
–We don’t like redistributive taxes so you can keep them.
–You are welcome to the liberal judges and the ACLU.–Since you hate guns and war, we’ll take our firearms, the cops,the NRA and the military.–We’ll take the nasty, smelly oil industry and you can go with wind, solar and biodiesel.
–You can keep Oprah, Michael Moore and Rosie O’Donnell. You are, however, responsible for finding a bio-diesel vehicle big enough to move all three of them.
–We’ll keep capitalism, greedy corporations, pharmaceutical companies, Wal-Mart and Wall Street.-You can have your beloved
lifelong welfare dwellers, food stamps, homeless, homeboys, hippies,druggies and illegal aliens.-We’ll keep the hot Alaskan hockey moms, greedy CEO’s and rednecks.-We’ll keep the Bibles and give you NBC and Hollywood–You can make nice with Iran and Palestine and we’ll retain the right to invade and hammer places that threaten us.–You can have the peaceniks and war protesters. When our allies or our way of life are under assault, we’ll help provide them security.-We’ll keep our Judeo-Christian values.
–You are welcome to Islam, Scientology, Humanism, political correctness and Shirley McClain. You can also have the U.N. but we will no longer be paying the bill.-We’ll keep the SUV’s, pickup trucks and oversized luxury cars. You can take every Volt and Leaf you can find.–You can give everyone healthcare if you can find any practicing doctors. We’ll continue to believe healthcare is a luxury and not a right.–We’ll keep “The Battle Hymn of the Republic” and “The National Anthem.”–I’m sure you’ll be happy to substitute “Imagine”, “I’d Like to Teach the World to Sing”, “Kum Ba Ya” or “We Are the World”.–We’ll practice trickle down economics and you can continue to give trickle up poverty your best shot.–Since it often so offends you, we’ll keep our history, our name and our flag. Would you agree to this? If so,
please pass it along to other like-minded liberal and conservatives patriots and if you do not agree. In the spirit of
friendly parting, I’ll bet you answer which one of us will need whose help in 15 years.
I am ready for this national divorce!
Sarah, you forgot to give the them the trial lawyers while we take the constitution.
that’s because this is a spam chain letter from 2009
Still sounds good to me! I am in on this one.
Well said Sarah!
Sarah, too funny! I think we can all agree that liberals come form mars and conservatives come from venus. How can you negotiate with an idiot who thinks you can spend money you do not have? How can you negotiate with someone who thinks that the rich do not pay their “fair share” even though they pay 70% of all taxes collected and the bottom 51% of people pay nothing at all? How can you negotiate with people who believe that you can not pledge allegiance to a flag or say a prayer but defend Islamic fundamentalist’s terrorism everywhere in the world? How can you negotiate with someone who thinks criminals should have guns but no one else should be able to have them?
Yes it is time for two separate countries.
This made me think of a famous quote: Conservatives are not necessarily stupid, but most stupid people are conservatives.
John Stuart Mill
Stupid is as stupid does, in your case what stupid writes.
Bob, Thats great, Another great example of an emotional outburst of factless ridicule that all liberals use to argue with.
So I guess its time to get my gun and ammo, fishing pole and gold and get ready for the liberals to totally bankrupt the country. I am not sure why liberals do not understand the word unsustainable?
STOP SPENDING!
Watch out for a pop in the dollar bubble, QE 1, QE 2, now QE 3. Fannie Freddie, medicare, soocial security. There is way too much preasure on the value of US Dollar. Soon this bubble will burst and treasuries will melt when the final bubble bursts thats the Debt bubble. Sorry if I am negative but just looking at thecoming storm clouds.
I hope carriers have found a safe haven other than bonds to park their assets. Northwestern bought 400 million in Gold two years ago. Probably a great idea.
Where was S&P when due diligence was needed when rating all the subprime mortgages investments? Oh right, they were selling their precious AAA rating to the highest bidders. Ironic that they finally decide to act now…..