The Goat Pen

I have faith a last minute deal will happen that will avert the credit rating issue.

Standard and Poors will bow the pressure of keeping the world economy from taking a hit.

Just like the NFL, they'll bitch and bitch at each other till it comes crunch time, then they'll agree. Politics is fucking stupid.

pretty broad statement to say rating agencies are being investigated...too broad to mean anything, actually.

I was listening to some of the tea party republicans this morning on NPR and they are saying that the credit rating isn't about the debt ceiling, its about our debt, and any plan that is out there now designed to reach a compromise to raise the debt ceiling will not prevent the credit agencies from dropping our ratings

Sounds like they are all resigned to the idea that our credit rating is going to drop, and that in itself, drops any motivation they have to cave on their demands just to avert a quick measure to raise the debt limit.

Obama has gone into bunker mode as he has no more options on how to put pressure on congress and the Boehner plan is dead man walking.

Looks like any deal that is going to get made will be a democratic plan that RINO's will back in spite of their parties objections.

I'm really at a loss as to why they won't implement a long term plan that has significant cuts designed to appease the credit agency and restore global confidence that we will honor our debts. If it is what needs to be done then its not a compromise on anyone's part or leaving your ideology.

because they're fucking idiots who only care about personal and party power. neither side gives a shit about the country or it's people.

AugustWest wrote:because they're fucking idiots who only care about personal and party power. neither side gives a shit about the country or it's people.

Not true. They do care about the country and its people, but only as a by-product to their personal and party's power.

Tea Party idiots are partially right about the fate of our AAA rating, however they seem to not grasp that you can actually do both (raise teh ceiling and do the necessary things to keep the rating)...and the proposals were there to do both, but the unsophisticated idiots would not compromise on the deal (that was slanted heavily to their wishes).

yea but they realize the only way we raise the ceiling and not have significant cuts is to raise taxes.

They were elected to congress by the people with one primary mandate and that was to cut spending and taxes.

Boehners plan cuts $917b over 10 years while raising the debt ceiling by $1T. That isn't going to fly with any Tea Party member and he made a mistake thinking they would rally around him just to spite Obama...the same mistake McCain made on his presidential run

No, he thought they'd rally behind him because he showed them a clip from "The Town".

yea that was highly embarrassing

you never lead with Ben Affleck

I'm really at a loss as to why they won't implement a long term plan that has significant cuts designed to appease the credit agency and restore global confidence that we will honor our debts.

The biggest long term plan discussed was Obama's who was willing to do something with entitlements longterm (a Democratic treasure) but only if the Republicans would come off their treasure of no revenue increases. But Repubs even said eliminating corporate money to Exxon and friends was a tax increase. That's why it looks to independents that Obama was being reasonable while Repubs aren't. To come together, all have to give up your treasured position. I don't know if the rest of the democrats were willing to do that, but Obama was and Republicans never put Dems in a position to have to.

I have no problem with cuts, but people aught to propose cuts in benefits that they receive. Most only want cuts in things that no effect on them.

Then cut soccer.

cut spending, raise taxes. next.

CNN is reporting that the FBI may have caught D.B. Cooper.

That guy will be national hero if he is still alive.

How the fuck can they prove the guy is DB Cooper? I can't wait to see the particulars unfold on this one...

apparently he left cigarette butts behind so they have DNA

Woo-Hoo, the debt ceiling has been postponed!

Jungle Rat wrote:Woo-Hoo, the debt ceiling has been postponed!

I don't think DB Cooper stole enough cash to make much of a dent in the debt ceiling.

Jungle Rat wrote:Woo-Hoo, the debt ceiling has been postponed!

damn, D.B. Cooper must have invested his loot extremely well

[spoiler=]The GOP won out big time on the deal[/spoiler]