US credit downgraded

[Captain Crawfish]

LOL... Pickens is just pushing his wind energy agenda and says $4 gas will be back in a few months.

This shit is fucking hilarious!!!!

We need Bill Gates on now so he can tell us that the time has come to drop Apple products since alpples are going to spike in price.

Any sustainable growth will create 4 dollar gas which will hurt consumers every time. Its happened twice now are we gonna go for round 3?

[Gargamel]

An S&P Rep was just on Cavuto's Show and said it usually takes 10-15 years to regain AAA.

LOL... That's not gonna happen anytime soon....

[Captain Crawfish]

oh well who didnt already know this was gonna happen. moody's called for a 4 trillion increase in the debt limit and washington like dumbasses chose to do half! wtf did we expect. im gonna continue to invest in things that will help reduce our debt

[Denny]

An S&P Rep was just on Cavuto's Show and said it usually takes 10-15 years to regain AAA.

[Sean88gt]

The richest are trying to figure out a way to profit, I doubt they have much pride in country at this point. None are coming forward to offer solutions. Much like the politicians it is about their personal agenda.

I think the market will depend on how many people start pulling assets out of retirement accounts and seeking refuge in hard assets. It won't be good.

[Denny]

LOL... Pickens is just pushing his wind energy agenda and says $4 gas will be back in a few months.

This shit is fucking hilarious!!!!

We need Bill Gates on now so he can tell us that the time has come to drop Apple products since alpples are going to spike in price.

[Geor!]

Guess I could have read i6's post first lulz.

[Geor!]

What do the markets do on Monday? 10k? Less?

[Denny]

Boone Pickens is about to talk about it on Fox News (Cavuto Show).

Warren Buffet is off his rocker. He is just bitter that they also hit BH earlier. LOL

[Denny]

SO..... any clue what the markets are going to do on Monday? How many points do you think they will drop? With it dropping over 500 points the other day before this credit stuff came out I predict a 1k point drop over this shit. I hope not but would it surprise anyone?

Bro, I have no clue at all. This is all uncharted territory.

[inline 6]

SO..... any clue what the markets are going to do on Monday? How many points do you think they will drop? With it dropping over 500 points the other day before this credit stuff came out I predict a 1k point drop over this shit. I hope not but would it surprise anyone?

[svauto-erotic855]

Really?

http://graphics8.nytimes.com/images/...aph2-popup.gif

A tax cut is not government spending. Obama promised to end the wars and has not done so yet so any spending on them after he took office is his spending.

[TexasDevilDog]

See, that where you're wrong. I spent none of that money, nor do I want to be a part of it. I'll do my duty and pay as little taxes as possible so I stay out of jail for now, but as far as trying to save the country... fuck a bunch of that. I'm out.

You, me, other people here are in the minority. Go to a poor nieghborhood and you will find pawn shops, check cashing, title loans, payday lenders, rent-a-tire. People that think borrowing for every need are the people that think the government owing $14T is no big deal.

As Dave Ramsey says: Debt is not the problem, it is a symptom of the problem. People in Washington are just like alcoholics.

[Denny]

We, indebited American's, elect people to run our country the way we run our households. What if everyone elected people that would hold government to normal budeting practices.

See, that where you're wrong. I spent none of that money, nor do I want to be a part of it. I'll do my duty and pay as little taxes as possible so I stay out of jail for now, but as far as trying to save the country... fuck a bunch of that. I'm out.

[Vertnut]

LOL @ country run by a black guy getting it's credit rating lowered

*snicker*

OK, I busted out LMAO!