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If The U.S. Government Loses Its AAA Rating It Could Potentially Unleash Financial Hell Across The United States

 
Constitutional American
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07/15/2011 10:27 AM
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If The U.S. Government Loses Its AAA Rating It Could Potentially Unleash Financial Hell Across The United States
For decades, the U.S. government has had a AAA rating. On the scales used by the big three credit rating agencies, that is the highest credit rating that a government can get. Moody's scale actually uses lettering that is a little different from the other two big agencies ("Aaa" instead of "AAA"), but you get the point. Right now, the U.S. government is closer than ever to losing its AAA rating. The threat of a rating downgrade is going to continue to grow regardless of how the political theater that we are watching unfold in Washington D.C. plays out. The truth is that the federal government has accumulated a debt that is so vast that it will never be paid back. In fact, we are rapidly approaching the point when this debt will no longer be serviceable. If the credit rating of the U.S. government is not slashed right now, it will be soon enough. In fact, the truth is that the U.S. government is such a financial mess that it should have been done long ago. But whenever the United States does lose its AAA rating, we could potentially see financial hell unleashed because it will also mean that there will almost certainly be a wave of credit rating downgrades from coast to coast.

[link to www.domasjefferson.com]
Anonymous Coward
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07/15/2011 10:31 AM
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Re: If The U.S. Government Loses Its AAA Rating It Could Potentially Unleash Financial Hell Across The United States
No shit, Sherlock.
Anonymous Coward
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07/15/2011 10:35 AM
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Re: If The U.S. Government Loses Its AAA Rating It Could Potentially Unleash Financial Hell Across The United States
Not just for the US - the entire global monetary system is collapsing. It will be hell for the elite.
Anonymous Coward
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07/15/2011 10:36 AM
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Re: If The U.S. Government Loses Its AAA Rating It Could Potentially Unleash Financial Hell Across The United States
Is it just a coincidence that as we find out white babies are now the minority in America, our credit goes to shit? lolsign

[link to www.cbsnews.com]
Anonymous Coward
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07/15/2011 10:43 AM
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Re: If The U.S. Government Loses Its AAA Rating It Could Potentially Unleash Financial Hell Across The United States
Is it just a coincidence that as we find out white babies are now the minority in America, our credit goes to shit? lolsign

[link to www.cbsnews.com]
 Quoting: Anonymous Coward 1378669


That's funny! But true.
Anonymous Coward
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07/15/2011 10:44 AM
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Re: If The U.S. Government Loses Its AAA Rating It Could Potentially Unleash Financial Hell Across The United States
All the extra money not being invested in the USA will go to Canada.
wisdomknight

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07/15/2011 10:47 AM
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Re: If The U.S. Government Loses Its AAA Rating It Could Potentially Unleash Financial Hell Across The United States
bump
"I find your lack of faith disturbing."
Anonymous Coward
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07/15/2011 10:52 AM
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Re: If The U.S. Government Loses Its AAA Rating It Could Potentially Unleash Financial Hell Across The United States
Was listening to the CBC last night and they were talking about if the USA loses its AAA rating then there is going to be a huge sell off of bonds. A lot of funds require that only AAA be held and they would need to dump it if USA loses its AAA. I guess it would be the start of an avalanche or a shit blizzard if you will.
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07/15/2011 10:59 AM
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Re: If The U.S. Government Loses Its AAA Rating It Could Potentially Unleash Financial Hell Across The United States
the debt can be paid off.
Anonymous Coward
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07/15/2011 11:01 AM
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Re: If The U.S. Government Loses Its AAA Rating It Could Potentially Unleash Financial Hell Across The United States
the debt can be paid off.
 Quoting: Anonymous Coward 1467607


That's the thing. It can't. As soon as the first dollar was borrowed, 1.01$ was needed to be repaid. So where do you get that extra cent? Borrow another dollar, but now you need to repay 2.02$ ad infinium
Anonymous Coward
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07/15/2011 11:21 AM
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Re: If The U.S. Government Loses Its AAA Rating It Could Potentially Unleash Financial Hell Across The United States
the debt can be paid off.
 Quoting: Anonymous Coward 1467607


That's the thing. It can't. As soon as the first dollar was borrowed, 1.01$ was needed to be repaid. So where do you get that extra cent? Borrow another dollar, but now you need to repay 2.02$ ad infinium
 Quoting: Anonymous Coward 506563


that's not true the government doesn't borrow money to use its own money. the federal reserve holds part of our debt, just as social security.
Anonymous Coward
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07/15/2011 11:41 AM
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Re: If The U.S. Government Loses Its AAA Rating It Could Potentially Unleash Financial Hell Across The United States
the debt can be paid off.
 Quoting: Anonymous Coward 1467607


That's the thing. It can't. As soon as the first dollar was borrowed, 1.01$ was needed to be repaid. So where do you get that extra cent? Borrow another dollar, but now you need to repay 2.02$ ad infinium
 Quoting: Anonymous Coward 506563


that's not true the government doesn't borrow money to use its own money. the federal reserve holds part of our debt, just as social security.
 Quoting: Anonymous Coward 1467607


The government doesn't use it's own money. It uses Federal Reserve Notes which are debt instruments. Look up United States Note and Federal Reserve Note if you don't believe it.
Anonymous Coward
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07/15/2011 11:55 AM
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Re: If The U.S. Government Loses Its AAA Rating It Could Potentially Unleash Financial Hell Across The United States
Obama says time for debt plan running out
Rejects need for balanced budget amendment WASHINGTON (MarketWatch) — President Barack Obama pressed for a “big” deficit-cutting deal on Friday but said he and Congress should at least get a “down payment” on cutting the budget soon.

Speaking at his second news conference of the week, Obama urged congressional leaders to come up with a plan within 24 to 36 hours and warned again of the consequences of a default on obligations.

“We are obviously running out of time,” Obama said. He said default would amount to a “tax increase on everybody.”

A fresh warning late Thursday from credit-ratings agency Standard & Poor‘s added to the urgency of the debt-ceiling talks. The firm said it put U.S. sovereign ratings on formal credit watch and that there’s a “one-in-two likelihood” that it could lower the long-term rating on the United States within the next 90 days.

House Republicans said Friday it’s time for Democrats to “get serious” and said the Republican-controlled House would vote on a bill next week to cut the deficit, cap spending and add a balanced budget amendment to the Constitution.

“We’re in the fourth quarter here,” House Speaker John Boehner said Friday morning. The bill would raise the debt ceiling by $2.4 trillion and enact matching spending cuts.

[link to www.marketwatch.com]
Anonymous Coward
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07/15/2011 11:57 AM
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Re: If The U.S. Government Loses Its AAA Rating It Could Potentially Unleash Financial Hell Across The United States
On the flip side, maybe I would get a decent rate on my CD's. Just saying.
Anonymous Coward
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07/15/2011 12:03 PM
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Re: If The U.S. Government Loses Its AAA Rating It Could Potentially Unleash Financial Hell Across The United States
Is it just a coincidence that as we find out white babies are now the minority in America, our credit goes to shit? lolsign

[link to www.cbsnews.com]
 Quoting: Anonymous Coward 1378669


That's funny! But true.
 Quoting: Anonymous Coward 1056648


That may seem like the main issue to you but the real issue at hand is the loss of our Protestant faith due in large to hispanic/latin invasion.
Epic Beard Guy
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07/15/2011 12:16 PM

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Re: If The U.S. Government Loses Its AAA Rating It Could Potentially Unleash Financial Hell Across The United States
The major problem that nobody has mentioned is the fact that instead of 1/3 of all our taxes going to service the debt, with higher interest rates, it wil be 2/3s of our money to pay the interest. This would be terminal for the country. We need to get the cancer out of Washington. Get rid of all th big government progressives regardless of which party they are in. Find candidates that believe in small (limited) goverment.
Hope for the best, but prepare for the worst.
"America is at that awkward stage. It's too late to work within the system, but too early to shoot the bastards." -- Claire Wolfe
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07/15/2011 12:30 PM
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Re: If The U.S. Government Loses Its AAA Rating It Could Potentially Unleash Financial Hell Across The United States
The major problem that nobody has mentioned is the fact that instead of 1/3 of all our taxes going to service the debt, with higher interest rates, it wil be 2/3s of our money to pay the interest. This would be terminal for the country. We need to get the cancer out of Washington. Get rid of all th big government progressives regardless of which party they are in. Find candidates that believe in small (limited) goverment.
 Quoting: Epic Beard Guy


We're past the point of no return for debt. An excellent analysis, although not an easy read, can be found in the book "This Time is Different" by Reinhart and Rogoff. I suggest that to anyone that wants to seriously understand the problem.
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07/15/2011 12:37 PM
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Re: If The U.S. Government Loses Its AAA Rating It Could Potentially Unleash Financial Hell Across The United States
Is it just a coincidence that as we find out white babies are now the minority in America, our credit goes to shit? lolsign

[link to www.cbsnews.com]
 Quoting: Anonymous Coward 1378669


That's funny! But true.
 Quoting: Anonymous Coward 1056648


let me get htis straight...........your saying the poor (blacks) have caused this downgrade.
we have only had a shot at cleaning up others messes made from the begining of the U.S. history just now...and you can't even count him because he is not for us.

any chance you can get the slam the blacks you'll take it right!
Birdwatcher
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07/15/2011 12:39 PM
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Re: If The U.S. Government Loses Its AAA Rating It Could Potentially Unleash Financial Hell Across The United States
On the flip side, maybe I would get a decent rate on my CD's. Just saying.
 Quoting: Anonymous Coward 1469011


Silver lining!!!

banana2
LieGroupE8

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07/15/2011 12:41 PM
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Re: If The U.S. Government Loses Its AAA Rating It Could Potentially Unleash Financial Hell Across The United States
I can't wait.

It will just mean that Bernanke will go down in history as an EPIC FAIL !!!!

laugh
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Anonymous Coward
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07/15/2011 01:38 PM
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Re: If The U.S. Government Loses Its AAA Rating It Could Potentially Unleash Financial Hell Across The United States
Must not be too bad....The market is up today and the week.



.
Anonymous Coward
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07/15/2011 01:41 PM
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Re: If The U.S. Government Loses Its AAA Rating It Could Potentially Unleash Financial Hell Across The United States
that's not true the government doesn't borrow money to use its own money. the federal reserve holds part of our debt, just as social security.
 Quoting: Anonymous Coward 1467607

You are an excellent example of the complete fail of the American public education system.
Anonymous Coward
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07/15/2011 01:44 PM
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Re: If The U.S. Government Loses Its AAA Rating It Could Potentially Unleash Financial Hell Across The United States
Not just for the US - the entire global monetary system is collapsing.
 Quoting: Anonymous Coward 1375359


Zeshua right again.
Anonymous Coward
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07/15/2011 01:56 PM
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Re: If The U.S. Government Loses Its AAA Rating It Could Potentially Unleash Financial Hell Across The United States
LOL ... the US is not going to lose it's credit rating, or default, or any of this other nonsense. We are still the wealthiest nation in the world, and we are also the worlds' last remaining superpower. The sun will not set on the American empire for many many more years to come.
Anonymous Coward
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07/15/2011 01:58 PM
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Re: If The U.S. Government Loses Its AAA Rating It Could Potentially Unleash Financial Hell Across The United States
dear one the US GOVERNMENT hasn't had an AAA rating for a long time now, that is garbage. And why do you ones keep paying taxes to the CORP usa government? You are not being taxed for roads and services dear ones, you are being taxed for their PRIVATE WARS and other private objectives.
PONDER THAT ONE.
Anonymous Coward
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07/15/2011 02:12 PM
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Re: If The U.S. Government Loses Its AAA Rating It Could Potentially Unleash Financial Hell Across The United States
Not just for the US - the entire global monetary system is collapsing.
 Quoting: Anonymous Coward 1375359


Zeshua right again.
 Quoting: Anonymous Coward 1469151


I am going to state the truth AGAIN over and over and over in these threads.

The FEDERAL RESERVE system is not the US of A Central Bank, it is the CENTRAL BANK of he CENTRAL Banks of this world, and it does maintain offices in this country. When a Chairman is appointed, he is appointed to a global position and not just the US of A.

I have proof of this, I assure you, I have been passed samples of what they do.

I can also say Saddam Hussein as of a few years ago, long after his supposed arrest and death, was also on the committee of 300 and signing papers for them. OK. and the committee of 300 signs an awful lot of the Federal Reserve papers.

Plus the QUEEN OF ENGLAND people.

Now since the Khazar Zionist Bankers of this world, those rockyfellers and rothkids, have really been bad managers, and own a lot of money, which they borrowed a huge amount from the very wealthy chinese dragons, the chinese dragon has taken over the entire Federal Reserve system and they pull the financial strings since early this year, actually a bit earlier.

Some of you read the suitcase story here on GLP. It's mostly true except the technology reveals was not on the level. The suitcase story is hwo they acquired the FED.

Now they are not paying for wars against their interests in this world. We went to Libya to steal ancient artifacts and ancient technologies, and you Christians, this stuff they wanted predates your OT.

Notice Libya is not on the new much lately, I suppose that is over now, thankfully. They did not win.

At any rate, this big bunch of shit on TV is related to the FACT the Chinese are not funding our shit.

Only a small amount of revenues to the actual treasury. YOU INCOME TAXES which is the stealing of your personal property, go straight to the FEderal Reserve as do all income taxes in this world under that system. our CORP US of A, borrows money from the global FED, and then YOUR TAXES pay that back and so far there is not enough to pay it back, not even the Interest.

You ones have allowed all of this by the way.
Anonymous Coward
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07/15/2011 02:16 PM
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Re: If The U.S. Government Loses Its AAA Rating It Could Potentially Unleash Financial Hell Across The United States
the debt can be paid off.
 Quoting: Anonymous Coward 1467607


That's the thing. It can't. As soon as the first dollar was borrowed, 1.01$ was needed to be repaid. So where do you get that extra cent? Borrow another dollar, but now you need to repay 2.02$ ad infinium
 Quoting: Anonymous Coward 506563


that's not true the government doesn't borrow money to use its own money. the federal reserve holds part of our debt, just as social security.
 Quoting: Anonymous Coward 1467607


The government doesn't use it's own money. It uses Federal Reserve Notes which are debt instruments. Look up United States Note and Federal Reserve Note if you don't believe it.
 Quoting: Anonymous Coward 1378669


Yes, get rid of the Federal Reserve and all will be fine.

US Treasury needs to print its own intest free money, end of story. See Lincoln and JFK.
weegie

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07/15/2011 04:37 PM
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Re: If The U.S. Government Loses Its AAA Rating It Could Potentially Unleash Financial Hell Across The United States
the debt can be paid off.
 Quoting: Anonymous Coward 1467607


That's the thing. It can't. As soon as the first dollar was borrowed, 1.01$ was needed to be repaid. So where do you get that extra cent? Borrow another dollar, but now you need to repay 2.02$ ad infinium
 Quoting: Anonymous Coward 506563


that's not true the government doesn't borrow money to use its own money. the federal reserve holds part of our debt, just as social security.
 Quoting: Anonymous Coward 1467607

The Federal Reserve is NOT part of the government. It is privately owned and run outside the government.
Phase-Sphere

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07/15/2011 05:18 PM

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Re: If The U.S. Government Loses Its AAA Rating It Could Potentially Unleash Financial Hell Across The United States
:SpitShine:
What happened to my beloved GLP????.
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07/15/2011 05:24 PM
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Re: If The U.S. Government Loses Its AAA Rating It Could Potentially Unleash Financial Hell Across The United States
the debt can be paid off.
 Quoting: Anonymous Coward 1467607


That's the thing. It can't. As soon as the first dollar was borrowed, 1.01$ was needed to be repaid. So where do you get that extra cent? Borrow another dollar, but now you need to repay 2.02$ ad infinium
 Quoting: Anonymous Coward 506563


that's not true the government doesn't borrow money to use its own money. the federal reserve holds part of our debt, just as social security.
 Quoting: Anonymous Coward 1467607


The government doesn't use it's own money. It uses Federal Reserve Notes which are debt instruments. Look up United States Note and Federal Reserve Note if you don't believe it.
 Quoting: Anonymous Coward 1378669


that's the scam
overmind

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07/15/2011 05:52 PM
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Re: If The U.S. Government Loses Its AAA Rating It Could Potentially Unleash Financial Hell Across The United States
I'm pretty sure the US got downgraded to AA one or two months ago.

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