But they love Obama in Europe
 

Yeah, some great fiscal policies over there as well...no wonder they like him...

S&P cuts UK's rating outlook to negative - May. 21, 2009


S&P downgraded UK debt to "NEGATIVE" essentially meaning there is no confidence they will every pay their bills.....

Yup, lets follow THAT PATH, we started in CA...lets see if we can do it even bigger.

This has got sod all to do with Obama. This is the result of Bush screwing the US economy, meaning the UK government had to rescue the banks that were trading in US mortgage securities.

Sure it does, he is deflating the dollar just as the UK crapped on their own GDP with dumb socialist endeavors to save industries from their necessary reduction. Too much time spending, not enough time earning.

If the UK thinks it is in deep water now, wait a year when inflation comes around to the US.

You need to do a bit more research - that statement is wrong. The UK is still rated AAA which is the highest rating possible. The negative rating is simply a statement that they see it reducing in the future. There is no implication that the UK cannot pay its bills.

You also have very little understanding of the UK economy - Banking is the only place where the government has taken a substantial equity stake -Letting RBS and HBOS go under would've meant many thousands of entreprenurial businesses would've gone to the wall through lack of funding, and would've screwed the free market economy in this country.

Even with this hundreds of businesses are folding every week and not being propped up by "socialist endeavours" so the UK government is allowing industries to have necessary reduction.

So I politely suggest you research a topic a bit better next time before using it to support your ridiculous ideas.

Very simply, UK outspent GDP...problem pressed by socialist spending philosophies, and confirmed by a negative rating.

So why was the UK given a negative rating? Love to hear the rational for that since you imply it has zero interpretation on liquidity.

Some of my favs:

stop the bailouts

YouTube - Daniel Hannan MEP: The devalued Prime Minister of a devalued Government :rofl:

I find it extremely interesting folks, especially Republicans in USA are blaming Obama for so much and complaining about his bailout plans as if he's an ultra-liberal money waster. However, folks seem to have forgotten that it was Bush who started this line of bailouts and he was supported by many of these same conservatives.

As a totally non-partisan, open-minded, and intelligent individual, this back and forth bickering in our country really irritates me. With both, Democrats, and Republicans, it seems that everything everyone who is not on "my team" supports, is automatically stupid or doing something bad. I think people need to stop thinking like elementary schoolers jumping on a bandwagon and overlooking common sense, and join forces to do what is best for us all. We're never going to get anywhere as earthlings (yes, everyone is affected by these actions, not just folks in one country) unless we work together and stop the childish pursuit of conquering "the other team". It's pointless...

I will happily discuss it with you when you put your blinkered and biased views to one side and are prepared to discuss it rationally. So not this century then!

:iagree: If everyone took a moderate, rational stance instead of forcing themselves into a radical corner (whether it's Far Right or Far Left), some important things could actually GET DONE.

However, you have made one false assumption on your post: that every adult in the US is as well-educated and well-read as the posters on this thread. Which is unfortunately far from the case. A sizable chunk of the country DOES "think like elementary schoolers". Unfortunately for Republicans, it appears they are getting the larger share of these, while the college-educated crowd is gravitating towards Obama. Gone are the days when young Republicans could take solace in Michael J Fox's portrayal of Alex P. Keaton on Family Ties. As much as I loved that awesome character back in the 1980s, where can a well-educated individual gravitate in this day and age, given the fact that your typical Republican politician now denies global warming and denies that evolution is a real concept? Seriously, the GOP needs to re-evaluate their silly stances on some of these issues, and stop denying everyday scientific realities. Or they will make themselves even more irrelevant than they already are.:popcorn:

The problem is not Democratic or Republican its government. What we need is less intervention and more personal responsibility. The government should protect us and our rights as a society. Not much more...If personal responsibility was to rule more people would act responsible to survive. When will we realize you can't remove consequences and expect people to learn for themselves? If I want more out of life I work harder. If you want to earn more money as an adult study hard and apply yourselves as a youth. If you decide to be a drug addict then you suffer. If you decide to be a criminal you earn your right to be taken out of the free society. If you make a ton of money and decide to give it to your children then you have that right because you earned that right or someone down the line in your family make some good decisions. We need to teach personal responsibility and reward personal responsibility. This whole idea of taking from hard working law abiding individuals and transferring it to irresponsible lazy people who spend their welfare checks on drugs, beer and lottery tickets is ridiculous.

:iagree: Well said.

Hmmmm...:confused:
My neighbors toilet went on the blink last week.
No doubt Obama is to blame. :nanana:

Didn't you just prove yourself wrong? Labeling the 'typical Republican politician' as someone who follows extremist opinions does not seem moderate or rational at all?

... argh crap ... I made another post in the political section ... I feel dirty.

2007 Republican Debates:
John McCain answered "yes" when asked whether he believed in evolution. Immediately following, the questioner inquired whether any of the candidates did NOT believe in evolution. THREE candidates (Tancredo, Brownback, and Huckabee) raised their hands.

Not labeling bro. Just calling it like I see it.

:high5: I totally agree.

my man Stumpy:thumbup:

I don't see your point as being overly moderate, as much as you might wish to think it is. Your simple assertion that college educated people are flocking towards Obama may be true, but it also belies the fact that most college educators are themselves liberal and elitist, which rubs on the students. I saw it when I went to college, and I'm sure it is even more in that direction today.

Speaking of educated voters, I do hope you take a look at the following video: YouTube - How Obama Got Elected... Interviews With Obama Voters
Now I will certainly admit that both sides of the aisle are plenty ignorant, but it is not just a left/right thing as you seem to be asserting. And just because someone is college educated doesn't automatically make them right. In fact, it is quite the elitist view to think that only educated people should be the ones making voting decisions. The beauty of our Republic is that anyone can make that decision, whether that decision is perceived to be right or wrong.

Concerning "climate change", it is a much more complex issue than you paint. One can believe that the world is getting warmer (or cooler if this were the 1970s), but yet disagree with the causes of that change in climate, and the proposed solutions. I can not support solutions that will punish businesses and individuals and impose even more government control over our lives. I can't believe that anyone on here really would advocate more government control of anything. It just is so contrary to what our personal freedoms are supposed to mean and what the founders thought. And as we all know, the governments track record of making the correct decisions is lacking. Let the free market, through innovation, fix the problem, not a monolithic, politicized government.

I also can not support such solutions that provide heavy financial benefits to the biggest scaremongering hypocrite global warmingist in chief, Al Gore, and his ilk. That's what will happen with this so-called cap and trade legislation.

Lastly, we need to remember what was proposed by scientists in the 1970s to prevent the coming ice age. They proffered that they should pump more carbon in to the air, and we see how well that would have worked. :rolleyes: Who is to say that the current scientific beliefs are also not flawed, and that we may make a problem worse? These are the things that are not being addressed, and hence the conservative negativity towards any such so-called global warming.

So you admit defeat :rofl: How was anything "blinkered" or "biased"? And by rationally do you mean accept your opinion as correct :rofl:

You can't define how liquidity relates to negative credit ratings..yet you took an uber defensive position when the association was applied...so were you just commenting for the sake of it, if you don't want to defend your position that is implied?

Probably. Because he redistributed the water for the toilet.

Very well stated.:thumbup:

:iagree:

hey Wagner, i see you removed your picture of yourself.. i was just kiddin when i made those jokes a few weeks back. i guess you took it personal..

just kiddin with you..

Hey everyone dont pay any mind to Wagner.. its pointless.. he thinks the country was going great with Bush.. Dont waste your time with his post

I did not mean to imply that college-educated voters are in any way "better" or "more eligible" to vote. But for some conservatives to say that these are 'elitist' voters is a self-defeating strategy. Seems to me that education (and higher education especially) should be espoused by both parties. We now need to compete in a global marketplace where countries like India, China, Japan, and much of the EU will eventually make us into an EX-superpower if we don't make a renewed push for a rigorous, high-tech education in all our schools.

As for global warming and alternative energy, once again the US can either take the lead, or be left in the dust (or should I say smog?) It is just sad to me that this is even being made into a partisan issue>:dunno: Why? Seems to me that Democrat and Repubilcan alike should be working together to stimulate further implementation of wind, solar, nuclear, and pretty much anytihng that gets us away from fossil fuels. To me, the most enduring and FANTASTIC aspect of the Republican party has been their unflinching focus on National Security and Defense. And what better way to further this security interest than to get away from our oil-enslavement to Saudi Arabia, Venezuela, Russia, and all the other shady OPEC players like Iran? Reducing reliance on foreign oil will do more for our common Defense than any B-2 Stealth or other Pentagon program could ever dream of. And while I'm all for private sector innovation, it's pretty clear that the private sector alone has not been able to 'deliver the goods' on alternative energy, so to speak. So if an infusion of Federal funds is what's necessary to get the ball rolling, I do not view it any differently than the Pentagon buying another batch of F-22 Raptors for $150 mil per copy.

i agree with stumpypete
i think wagner has his head up his arse
maybe he needs a Glasgow kiss , or as teuchters say ,hod im and heeder im (had to spell it that way for non scots ).

Forgive those who have no idea about EU politics...

or US Politics, for that matter........

yep , show me someone whom understands any politics, most of it is a pantomime .
as for wagners first post , the link is scaremongering because the election is looming .
maybe wagner has some pointers on how to run a country ? , oh i think he is in the financial sector , the people who asked for deregulation of the system so as to con more folks out of their money , well i feckin hate the lot of them since i`m over £1million out of pocket so enjoy it while you can cos things are gonna change .

Wagner's been pretty quiet as of late.....must have gotten his hand slapped by his boss for posting when he should be working.:rofl:

hehe...


i can see him worshipping a picture of Bush....

:D