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Name:
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Barneget
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Subject:
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The Democrat Debt Downgrade
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Date:
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8/8/2011 1:02:40 PM
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The majority of Republicans resisted raising taxes. The majority of Republicans wanted measurable spending cuts. The same Republicans in Congress have actually passed a budget, as required by the US Constitution. MaObama submitted a budget calling for increased spending without any new taxes, and it was promptly voted down, in a true bipartisan fashion, by the US Senate, 97-0. That same US Senate has failed to pass a budget of its own for nearly 850 days, and is well satisfied with institutionalizing MaObama's FAILED stimulus. Where did S&P lay the blame for the downgrade of Fannie and Freddie bonds, and what role did they, S&P play in the overexposure? Where does the blame lie for the downgrade in USDA bonds? I too am a concerned citizen, concerned about the future of my family, my business, my country. The party in control of the White House and US Senate isn't concerned about me, or mine, as we are not democrap fund raising execs at Goldman, we did not invade from south of the border, we are not union radicals, we are not employed by the government at any level, not transgendered or some other protected class, nor do we receive direct housing, food, medical, education or cell phone subsidies. We just work hard daily to earn a living, pay down personal and business debt, pay our "fair share" to an ineffective beauracracy, and set a little aside for when Social Security won't be there. Unfortunately for me, mine, and the millions like us, MaObamas efforts to fundamentally transform this nation have been successful to the point that providing for a family, paying down debt, buying more ammo, and setting a little aside have each become much more difficult. These downgrades compound the problem. So, S&P is right in the sense that it is a Republican problem, as we, the producers, are now nearly exclusively tasked with the accumulated debt repayment.
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