Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Liberalism: Do You Agree We've Had Enough of It? -- Ignore unavailable to you. Want to Upgrade?

To: Kenneth E. Phillipps who wrote (108477)	7/24/2011 11:02:06 AM
From: Sedohr Nod	6 Recommendations Respond to of 224748

The real discussion should be why wasn't there a tea party 50 to 70 years ago to nip this insanity in the bud.

To: Kenneth E. Phillipps who wrote (108477)	7/24/2011 11:30:16 AM
From: grusum	5 Recommendations Respond to of 224748

The discussion today is how the stubborness of the tea party people is threatening our economy. are you deluded enough to believe you're a professor and we're your students?

To: Kenneth E. Phillipps who wrote (108477)	7/24/2011 11:31:56 AM
From: TideGlider	5 Recommendations Respond to of 224748

Obama is being stubborn. He wants to use Gubmint money to buy votes for re-election of himself and his congress.

To: Kenneth E. Phillipps who wrote (108477)	7/24/2011 11:55:29 AM
From: locogringo	4 Recommendations Respond to of 224748

The discussion today is how the stubborness of the tea party people is threatening our economy. Good.....let's discuss that. Can you explain A) Obama's plan that is on the table, then B) The Democrat Senate Plan on the table, and C) The Democratic House plan by pelosi, or whomever, and how the Tea Party is inhibiting them? Then we can have a lengthy, calm discussion on the pros and cons. I await you answer, before the country collapses, I hope.

To: Kenneth E. Phillipps who wrote (108477)	7/24/2011 12:35:39 PM
From: TideGlider	Respond to of 224748

Yes, Kenneth, The Tea Party caused all of this lol Interesting how Obama includes "student loans" in the crisis. How do they even fit in the category of paying the debt, interest on the debt, servicemen, social security and medicare?

To: Kenneth E. Phillipps who wrote (108477)	7/24/2011 12:43:20 PM
From: TideGlider	1 Recommendation Read Replies (1) \| Respond to of 224748

a post from Madtyrolean Message 27514013

To: Kenneth E. Phillipps who wrote (108477)	7/24/2011 2:27:13 PM
From: jlallen	6 Recommendations Respond to of 224748

Except its not.....the policies of the loser in the WH are the threat to the economy. The Tea Party is not a terrorist organization which was your comment...a very stupid one at that....

To: Kenneth E. Phillipps who wrote (108477)	7/24/2011 3:14:08 PM
From: lorne	3 Recommendations Respond to of 224748

Cry baby obama Obama officials clash with S&P over downgrade threats By Tim Reid and Rachelle Younglai WASHINGTON \| Fri Jul 22, 2011 reuters.com WASHINGTON (Reuters) - The Obama administration has grown increasingly frustrated with Standard & Poor's during the U.S. debt limit crisis and accused the ratings agency of changing the goalposts in its downgrade warnings. Since October, S&P has accelerated its deadline three times for when it might downgrade the United States' coveted AAA credit rating as efforts in Washington to reach a deal on cutting long-term deficits have faltered. S&P's latest downgrade warning last week came as time runs short for Congress to raise the federal government's $14.3 trillion borrowing limit. Without a deal by August 2, the government is expected to run out of money to pay its bills and then default, triggering devastating economic consequences. In telephone calls to top S&P officials, the Obama administration has asked why the ratings agency keeps shortening its timeframe for long-term deficit reduction, according to sources familiar with the discussions. In October 2010, S&P said it wanted to see a meaningful deal to rein in long-term deficits within three to five years. In April, it revised the U.S. outlook to negative and warned that a deal on medium- and long-term "budgetary challenges" needed to be struck by 2013. Last week, S&P said it could downgrade the top-notch U.S. rating within three months and cast doubt on the ability of the divided politicians to ever strike a meaningful deficit deal. S&P said it was "erroneous" to say it was shifting the goalposts. "The basis for changing the view was our view around the nature of the political gridlock around the whole fiscal process," David Beers, S&P's managing director of Sovereign & International Public Finance Ratings, told Reuters. President Barack Obama, a Democrat, and Republican leaders in Congress are locked in urgent talks to get a broad deficit reduction package and, with it, a deal to raise the debt ceiling. But they remain some way from an agreement. Phone calls have been made to S&P's top sovereign credit analysts including John Chambers, according to a person with knowledge of the discussions. Chambers, managing director and chairman of S&P's Sovereign Ratings Standing Committee, is based in New York. DEAL OR NO DEAL? Beers said S&P disagrees with the Obama administration's belief that it can reach a deal with Congress to shift the country's "debt trajectory." "If it turns out to be true and we see that ... we would expect to reaffirm the rating," Beers said. The relationship between the U.S. government and the ratings agencies is complex and difficult. The agencies came under enormous criticism for giving top ratings to the toxic mortgage-backed securities at the heart of the 2008 financial crisis and have since been threatened with increased regulation by the government. S&P has taken a different line over the debt and deficit negotiations in Washington than the two other major ratings agencies -- Fitch and Moody's Investors Service. Fitch and Moody's have threatened downgrades but not shifted the time horizon for when they want to see a deficit deal done and have not issued short-term deadlines. In the calls to S&P, the Obama administration has stressed there is the political will on both sides to achieve a broad deficit reduction deal and that if one is not struck now, then a package is likely to be agreed in the medium term. In recent interviews, Chambers has said "now it is the time" for Republicans and Democrats to reach a debt agreement. He argued that the current gridlock in Washington is a sign a deal would be even more difficult next year, when presidential and congressional elections increase political divisions.

To: Kenneth E. Phillipps who wrote (108477)	7/24/2011 3:25:27 PM
From: chartseer	1 Recommendation Respond to of 224748

There isn't any stubbornness among the Dumasrats?

To: Kenneth E. Phillipps who wrote (108477)	7/24/2011 4:31:40 PM
From: Carolyn	1 Recommendation Respond to of 224748

This is an outrage! Our Social Security building houses for illegal immigrants! When we are broke! youtube.com

To: Kenneth E. Phillipps who wrote (108477)	7/24/2011 4:48:31 PM
From: tonto	3 Recommendations Respond to of 224748

The lack of leadership is clear as our debt sky rockets out of control. So many great people in our country and the most inexperienced candidate was elected President...and party members support his terrible job performance.