Quote from: marvinmartian on August 10, 2011, 06:43:40 PM

Quote from: The_JMiner on August 09, 2011, 04:07:43 PM

Quote from: marvinmartian on August 09, 2011, 02:55:55 PM

I'm officially changing my donation tag to be 100% devoted to eliminating the tea party.

It is a bit ignorant to blame this all on one group imo. The United States has been on this downward spiral way before the Tea Party and will continue if we do not fix out mess even without the tea party. Just my .02

The fact remains that they were responsible for the "Grand Compromise" not going through. That led to the panicked deadline and left us where we're at now. The market would have continued up-and-down but now it's spooked (being something based on mass psychology).

Nevermind the fact that combined they have an IQ of a potato.

So you're saying that the US credit rating got downgraded due to the one political faction in America that is actually the most vocal about debt reduction? And then you compare the entire faction to a potato - ignoring the probably reality that such a large group is necessarily composed of people from a wide range of intelligence, background, and character?

The US credit rating got downgraded because the US is not credit worthy. It's pretty simple. The downgrade should have happened long ago, actually. The amount of debt carried by the US Federal Government cannot mathematically be paid back without printing the money to do so (which they've already started doing via "quantitative easing").

You seem to suggest that the creditworthiness of the country would be improved if the group advocating for "smaller government, less spending" was gone, thereby leaving more people who support higher spending levels? Perhaps you want to rethink your opinion on this.