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Looks like the sobered Boenher up long enough to hit the 'submit' button (Statement on S&P)

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Ruby the Liberal Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-05-11 09:58 PM
Original message
Looks like the sobered Boenher up long enough to hit the 'submit' button (Statement on S&P)
“This decision by S&P is the latest consequence of the out-of-control spending that has taken place in Washington for decades. The spending binge has resulted in job-destroying economic uncertainty and now threatens to send destructive ripple effects across our credit markets.

“Republicans have listened to the voices of the American people and worked to bring the spending binge to a halt. We are no longer debating how much to spend, but rather how much to cut. Unfortunately, decades of reckless spending cannot be reversed immediately, especially when the Democrats who run Washington remain unwilling to make the tough choices required to put America on solid ground.

“The Administration and Democrats in Congress had sought an increase in the debt limit without any spending cuts or reforms. Republicans made clear the American people would not tolerate that and fought for the largest spending cuts possible. With the Budget Control Act, we made a positive first step toward reducing the debt, but much more must be done.

“In May, I warned, ‘if we don't act boldly now, the markets will act for us very soon.’ It is my hope this wake-up call will convince Washington Democrats that they can no longer afford to tinker around the edges of our long-term debt problem. As S&P noted, reforming and preserving our entitlement programs is the ‘key to long-term fiscal sustainability.’

“Republicans remain committed to ensuring the United States always meets its obligations. Though we are outnumbered in Washington, we will continue to press Democrats to join us in taking meaningful steps to rein in our debt and deficits.”


http://www.speaker.gov/News/DocumentSingle.aspx?DocumentID=255341

Shorter S&P = We aren't assuming the Bush tax cuts will expire, and we don't think any new revenues will be added by this congress. Austerity alone with strangle the economy.

Shorter Boehner = The spending binge (followed by this week's austerity) just caused our credit rating to sink.

:crazy:
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nadinbrzezinski Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-05-11 10:01 PM
Response to Original message
1. In other words...


Mr Speaker you just missed the POLITICAL instability by a mile and that is NOT a good thing.
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Angry Dragon Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-05-11 10:08 PM
Response to Original message
2. Yes boner YOU spent all that money while bush was in office
and now you blame someone else for the problem

you cut regulations and the banks failed because of YOU
the American people had to bail your ass out
and now you have the gall to blame the democrats
BONER you are an ass and a liar and a drunk
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Guilded Lilly Donating Member (960 posts) Send PM | Profile | Ignore Fri Aug-05-11 10:09 PM
Response to Original message
3. Simple reply: To quote your buddy Joe Wilson: You LIE.
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global1 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-05-11 10:16 PM
Response to Reply #3
7. Sure It Is A Lie But One That Establishes The Repug Talking Points That....
Edited on Fri Aug-05-11 10:20 PM by global1
will get all kinds of airplay on the cable news programs and right wing radio. The Dems better formulate their position and get out in front of this or they'll be backed into another corner.

Boehner knows his message will resonate with a lot of people. He and his Repug minions will keep repeating these same talking points until they will be parroted by millions of Americans. They will blame it on the black president.
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Guilded Lilly Donating Member (960 posts) Send PM | Profile | Ignore Sat Aug-06-11 01:53 PM
Response to Reply #7
8. Agree. This was actually the message I sent from his site...and now
the email I sent it from will probably be on some hit list.
Seriously!

But I will die long before the damage this man and his ignoramous party pals have done to my country is corrected. It just felt good to call him a liar.

Other than my vote against him, I am pretty much non-existant to these assinine creatures.
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BlueIdaho Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-05-11 10:11 PM
Response to Original message
4. You are entitled to you own opinion Mr. Boner
You are not entitled to your own set of facts.
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SpiralHawk Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-05-11 10:14 PM
Response to Original message
5. Wow - not even a whisper of truth. What lips-and-soul soured uber bilge
Edited on Fri Aug-05-11 10:19 PM by SpiralHawk
A veritable spoken splooge of scuzzy skanky sewage spewage (R).

When it comes to lying to the American people, the Republicons have no scruples whatsoever.

They embody the very antithesis of truth.

They will get over themselves.

I trust.
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Roland99 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-05-11 10:16 PM
Response to Original message
6. and this from S&P directly (and directly contradicting Bonerhead)
"Compared with previous projections, our revised base case scenario now assumes that the 2001 and 2003 tax cuts, due to expire by the end of 2012, remain in place.1

We have changed our assumption on this because the majority of Republicans in Congress continue to resist any measure that would raise revenues, a position we believe Congress reinforced by passing the act.2"
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