Tea Party Terrorist/Economic Terrorist: A citizen who points out obvious fiscal realities and demands that government stop heading towards economic oblivion.

I find it ironic that the Tea Party is actually pushing for policies that will save government and Democrats are pushing towards it’s ruin. I used to wonder if Democrats really were trying to destroy our country or if they were just incompetent. This whole fiasco leaves no doubt in my mind that Democrats really do want collapse.

The credit rating agency’s managing director, John Chambers, tells ABC’s “This Week” that if the fiscal position of the U.S. deteriorates further, or if political gridlock tightens even more, a further downgrade is possible.

Chambers also said Sunday that it would take “stabilization and eventual decline” of the federal debt as a share of the economy as well as more consensus in Washington for the U.S. to win back a top rating.

So has anyone here acknowledged this point by S & P? And does anyone know what their point even is in identifying “gridlock” as a problem? Obviously it can be read at least two ways.

So, yes, regaining a moral society, at least where politics is concerned, has a pretty good political mind backing it.

Scott H on August 7, 2011 at 8:59 PM

Yes, but we threw God out so we could have our degeneracy without guilt ofr consequences and now we are just beginning to realize that we who have been given freedom only because we are not lesser animals (and ought not act like them) but creatures of dignity made in His image. We
cannot have that freedom given us and recognized in our constitution, without having the reponsibility and basic moral code that inseparably comes with that freedom. Life is not Swiss cheese where we can select the holes and pretend we’re still eating cheese.

Our problems aren’t just finacial – we got into financial trouble because of our moral breakdown. Greed and coveting envy -”I want it, and soak the rich” have been the core cause of our financial cancer.

The solution: We need to get our moral act together and then,after the broken homes and political victimology caused communities return to productivity, when personal want is tempered with patience, instead of the “I want it all now” culture we’ve created, when truth finally defeats the deceit inherent in PC, when we return to voting for character instead of sugar daddys, maybe then we can restore sanity to our nation -but it won’t happen until we do.

You can’t structure the fundamentals of a free society from the top down -the nanny government taking financial responsibility instead of the individuals taking care of themselves.There lies ahead little more than an utter disaster if we attempt to reverse course now and take it away.

Deliberately keeping the populace economically ignorant may work for a party on the way up, but on the way down -no lies, no manipulation of truth, no economic jargon games, will suffice to prevent rebellion.

The only question facing the USA now, isn’t who gets the blame, but how much rebellion will be acceptable before the entire enchalda crumbles. We have made a mess of what we have been handed by our forefathers.

Broken homes and free lunches without a strong moral base to repair such self-destruction, will take their toll.

Actually, the Tea Party caucus in Congress had it right.

Better late than never, right?

Thanks for nothing, Ed.

To reduce long term debt, there has to be a plan to pay it back.

Get ready for the next downgrade.

rukiddingme on August 7, 2011 at 10:20 PM

As a percentage of GDP. it further clarified.

Update: S&P official: Another downgrade will come if we don’t reduce long-term debt

To reduce long term debt, there has to be a plan to pay it back.

Get ready for the next downgrade.

Scott H on August 7, 2011 at 8:59 PM

thanks for the update. I really should start reading those things our founders read, and then read what our founders wrote. Maybe I will get an ereader in the near future.

Fascinating reading.

I’m not that far, but in the first 20 pages, he notes that a requirement for a functioning republic (which is the term used for a representative government) is an ethical franchise. If a democracy, that means the electorate. If an aristocracy, that means the aristocrats. Since we are a hybrid of the two (by design; I am using the translated terms from the book), that implies other things.

So, yes, regaining a moral society, at least where politics is concerned, has a pretty good political mind backing it.

Gold futures are up almost $40 now.

Emperor Norton on August 7, 2011 at 6:41 PM

If it is a heavy trading day, which it looks like. I have already argued the DOW will drop 700 points do to the downgrade alone. If other indicators come in negative, it could be more.

On the other hand, if it is a light trading day, Obama’s government cronies will bid prices to only a loss of $300. Yeah, call me a conspiracy nut, but while doing so, honestly argue that DOW stocks are really worth more than $9000 and I think closer to $8000 and have been priced between $12,000 and $13,000.

I am not saying it is fair, but I do think the Tea Party will get a lot of the blame..but Obama will not escape unscathed either.

Terrye on August 7, 2011 at 1:46 PM

It won’t stick to the Tea Party. Their approval numbers don’t matter. Whenever an economy turns badly, no one ever blames the people like the Demacrats are trying to do now. You know why? Because there are no names. That’s why it won’t stick. Who is the Tea Party? No one. You can’t point to a single person. Instead, Obama will have all of the blame.

Also, the Tea Party is not the movement. The principles came first. If the Tea Party goes away, I think the Dems will have a much bigger problem because it’ll mean that Tea Party principles have gone mainstream.

It’s akin to claiming a “gotcha” because you found a typo in your death sentence.

Or arguing over the exact angle at which the Titanic hit the iceberg, while people are in the water, clinging to the top of the grand piano from the ballroom.

Clueless. Helpless. Hopeless.

astonerii on August 7, 2011 at 4:58 PM

Not a problem.

Cindy Munford on August 7, 2011 at 4:43 PM

Sorry, misunderstanding :)

astonerii on August 7, 2011 at 4:11 PM

Yes, Kinggold is going to whine about O’Donnell until 2012 and beyond. He totally ignores the things that the Tea Party gave the Republicans in 2010 and focuses on those three Senate races. I would venture to say that this dislike for the Tea Party is only rivaled by the Democrats and the only thing worse than the Tea Party is Sarah Palin.