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Ron Paul: "America's AAA Rating Not Worth Saving" Because "We Are Insolvent"

 
Constitutional American
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07/14/2011 11:37 AM
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Ron Paul: "America's AAA Rating Not Worth Saving" Because "We Are Insolvent"
The man who yesterday got into a heated argument with the chairsatan on whether gold is or isn't money (a Bernanke response already mocked to death so we will leave it alone), shares his take on the most recent bout of scaremongering by Moody's (with S&P doing in private today what Moody's did in public yesterday) with Bloomberg TV's Erik Schatzker. When asked if the American AAA rating is worth saving, his reply: "probably not. I think if you had a market evaluation on this issue, it should have marked down a long time ago." The reason the downgrade will come regardless is that "ultimately that is going to happen anyway because we are insolvent." The big picture: "I think it is part of the game to make sure everyone is fearful so we continue this process. Long term, I think raising the debt limit is a negative because it delays the inevitable. It will give us much bigger problems down the road. Today and tomorrow, if Moody's does not lower the bond rating, it will be helpful in the short run. In the long run, it will be more devastating because Congress will go back to their old habits again." Said otherwise: Moody's is concerned about US debt now, but is not concerned if US were more tomorrow - sheer idiocy.

Full Bloomberg TV: [link to www.domasjefferson.com]
Anonymous Coward
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07/14/2011 11:51 AM
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Re: Ron Paul: "America's AAA Rating Not Worth Saving" Because "We Are Insolvent"
The truth hurts. It's sad, but true.

Ron Paul is the most honest man in Washington. If Ron Paul says it, it's the truth.

I trust Ron Paul more than any of those goons that call themselves our "leaders".

Ron Paul for President 2010.
wisdomknight

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07/14/2011 11:54 AM
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Re: Ron Paul: "America's AAA Rating Not Worth Saving" Because "We Are Insolvent"
The truth hurts. It's sad, but true.

Ron Paul is the most honest man in Washington. If Ron Paul says it, it's the truth.

I trust Ron Paul more than any of those goons that call themselves our "leaders".

Ron Paul for President 2010.
 Quoting: Anonymous Coward 1056648


or even 2012
"I find your lack of faith disturbing."
Torchbearer

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07/14/2011 11:56 AM
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Re: Ron Paul: "America's AAA Rating Not Worth Saving" Because "We Are Insolvent"
Ron Paul is correct. This "spending-money-we-don't-have" experiment with
fractional reserve phony funny money is not sustainable and will end badly.

History is replete with examples of craziness such as this, and it always ended with the destruction of an empire. But as is well known by scholars...

what we learn from history, is that people do not seem to learn from history!


Currencies lose value when they are degraded by endless creation out of proportion to real production. The only solution that is sustainable is to
back the currency with HARD ASSETS that cannot be created out of thin air on a whim, but instead represent real tangible,not subjective, growth in the industry
of a nation.


RON PAUL for PRESIDENT in 2012 to RESTORE OUR REPUBLIC!
Anonymous Coward
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07/14/2011 11:59 AM
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Re: Ron Paul: "America's AAA Rating Not Worth Saving" Because "We Are Insolvent"
The truth hurts. It's sad, but true.

Ron Paul is the most honest man in Washington. If Ron Paul says it, it's the truth.

I trust Ron Paul more than any of those goons that call themselves our "leaders".

Ron Paul for President 2010.
 Quoting: Anonymous Coward 1056648


or even 2012
 Quoting: wisdomknight


lmao
Constitutional American  (OP)

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07/14/2011 12:02 PM
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Re: Ron Paul: "America's AAA Rating Not Worth Saving" Because "We Are Insolvent"
I am glad to see that he is going all in for the election, he now can free himself and do and say whatever he wants and has already been displaying this the last two days!

Paul 2012!!!
Anonymous Coward
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07/14/2011 12:11 PM
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Re: Ron Paul: "America's AAA Rating Not Worth Saving" Because "We Are Insolvent"
the script is already written for if he is meant to win or not.

elections are a total sham. i would hope GLP of all places realizes this...
TTX8K82

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07/14/2011 12:13 PM
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Re: Ron Paul: "America's AAA Rating Not Worth Saving" Because "We Are Insolvent"
I am glad to see that he is going all in for the election, he now can free himself and do and say whatever he wants and has already been displaying this the last two days!

Paul 2012!!!
 Quoting: Constitutional American


I have been following the congressman for several years, I like what he say's, hope he gets some momentum going for his run.
LadyLinteweth

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07/14/2011 12:14 PM
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Re: Ron Paul: "America's AAA Rating Not Worth Saving" Because "We Are Insolvent"
If those idiots would put aside their political party agendas and actually work together, we might figure out a way to beat this. But their salaries would be the first paycut to be initiated. Wouldn't cure the problem but it would be a start in the right direction. Illegal aliens should be made to pay taxes on their money. Since the government is so all fired ready to "help" them, instead of deporting them, put them in jail, let them go out to work and make employers turn over wages to an accountant who would take their taxes out and give them their net pay. Just like an american citizen has to do. I'd even quit bitching about their illegal status!
Galadreal says even the smallest person can change the course of the future; My little demon friend says to have a sense of humor before you decide to change it.
Anonymous Coward
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07/14/2011 12:16 PM
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Re: Ron Paul: "America's AAA Rating Not Worth Saving" Because "We Are Insolvent"
Why dont you guys see? Ron Paul is STILL a politician! Youll finally get it when you dont have shit and realize he didnt do anything either. This country is a corporation and your arguing about the president but NOT the CEO SMH.
Anonymous Coward
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07/14/2011 12:21 PM
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Re: Ron Paul: "America's AAA Rating Not Worth Saving" Because "We Are Insolvent"
Theirs a REASON why our founders wrote into the constitution to use ONLY gold/silver as money. Because they KNEW using a fiat currency and a private bank to issue people it's money would bring us to this point. Well....here we are.

We KNOW freedom, Liberty, & Capitalism works. The only problem with it is, it has to be "well policed at top," so they don't screw it up for everyone else.
In this regard maybe we should be like China. Anyone caught cheating the system up top, (Embezzling, stealing...etc) get's shot! That would be a STRONG deterrent for people.
maggie
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07/14/2011 12:22 PM
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Re: Ron Paul: "America's AAA Rating Not Worth Saving" Because "We Are Insolvent"
the script is already written for if he is meant to win or not.

elections are a total sham. i would hope GLP of all places realizes this...
 Quoting: Anonymous Coward 1360748


Sadly true about the script. Wish there was something to be done about that situation. If it continues, we are surely lost. But circumstances tie our hands as we cannot vote on honest elections because they are not honest to begin with. A vicious circle.

But we can dream: Ron Paul in 2012.
JF Priest
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07/14/2011 12:41 PM

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Re: Ron Paul: "America's AAA Rating Not Worth Saving" Because "We Are Insolvent"
The truth hurts. It's sad, but true.

Ron Paul is the most honest man in Washington. If Ron Paul says it, it's the truth.

I trust Ron Paul more than any of those goons that call themselves our "leaders".

Ron Paul for President 2010.
 Quoting: Anonymous Coward 1056648


or even 2012
 Quoting: wisdomknight




It Only Hurts If You Care...
Anonymous Coward
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07/14/2011 12:47 PM
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Re: Ron Paul: "America's AAA Rating Not Worth Saving" Because "We Are Insolvent"
the script is already written for if he is meant to win or not.

elections are a total sham. i would hope GLP of all places realizes this...
 Quoting: Anonymous Coward 1360748


Sadly true about the script. Wish there was something to be done about that situation. If it continues, we are surely lost. But circumstances tie our hands as we cannot vote on honest elections because they are not honest to begin with. A vicious circle.

But we can dream: Ron Paul in 2012.
 Quoting: maggie 1272219


yes you can live in delusion that Ron Paul will be any different than the rest of them.

or you can turn your back on the military-media that runs this dog and pony show.

ignore them and they lose all their power. let them know that WE know it is all a fraud.
Anonymous Coward
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07/14/2011 02:18 PM
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Re: Ron Paul: "America's AAA Rating Not Worth Saving" Because "We Are Insolvent"
the script is already written for if he is meant to win or not.

elections are a total sham. i would hope GLP of all places realizes this...
 Quoting: Anonymous Coward 1360748


You know, comrades," says Stalin, "that I think in regard to this: I consider it completely unimportant who in the party will vote, or how; but what is extraordinarily important is this who will count the votes, and how.
Not of this World

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07/14/2011 05:29 PM
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Re: Ron Paul: "America's AAA Rating Not Worth Saving" Because "We Are Insolvent"
Why dont you guys see? Ron Paul is STILL a politician! Youll finally get it when you dont have shit and realize he didnt do anything either. This country is a corporation and your arguing about the president but NOT the CEO SMH.
 Quoting: Anonymous Coward 1437940


Minus the profanity, well said. Heres a clue: Hes a Freemason! (Satanist)

Never trust people, especially politicians.
Then Jesus said to them, "Most assuredly, I say to you, unless you eat the flesh of the Son of Man and drink His blood, you have no life in you. Whoever eats My flesh and drinks My blood has eternal life, and I will raise him up at the last day. For My flesh is food indeed, and My blood is drink indeed." John 6:27-58

You adulterous people, don't you know that friendship with the world is hatred toward God? Anyone who chooses to be a friend of the world becomes an enemy of God.
-James 4:4

Be not deceived; God is not mocked: for whatsoever a man soweth, that shall he also reap.
-Galatians 6:7

Beware lest any man spoil you through philosophy and vain deceit, after the tradition of men, after the rudiments of the world, and not after Christ.
-Colossians 2:8

Rev 13:9-10 If anyone has an ear, let him hear. He who leads into captivity shall go into captivity; (Betraying your family and friends) he who kills with the sword must be killed with the sword. (Guns!) Here is the patience and the faith of the saints.
Anonymous Coward
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07/14/2011 05:30 PM
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Re: Ron Paul: "America's AAA Rating Not Worth Saving" Because "We Are Insolvent"
JP Morgan rely's on a good rating so they can lie and cheat.
Burt Gummer

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07/14/2011 05:32 PM
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Re: Ron Paul: "America's AAA Rating Not Worth Saving" Because "We Are Insolvent"
Ron Paul: "America's AAA Rating Not Worth Saving" Because "We Are Insolvent"
 Quoting: Constitutional American


That is THE MOST INSANE thing I have heard him say yet.

wtfdoc


Do ANY of you realize what happens to the USA and our economy if we lose our AAA rating???



sheetst


RON PAUL.....in this case....you need to..... stfu

Last Edited by Useless Cookie Eater on 07/14/2011 05:32 PM
Only Me
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07/14/2011 05:33 PM

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Re: Ron Paul: "America's AAA Rating Not Worth Saving" Because "We Are Insolvent"
whoops!
Goodbye, halcyon days...

 There is a theory which states that if ever anyone discovers exactly what the Universe is for and why it is here, it will instantly disappear and be replaced by something even more bizarre and inexplicable.

There is another theory mentioned, which states that this has already happened.
PathfinderTango
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07/14/2011 05:34 PM
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Re: Ron Paul: "America's AAA Rating Not Worth Saving" Because "We Are Insolvent"
I like Ron Paul's ideas. but noting will change if he is elected.
Everyone on GLP should know how it works by now.

The new President is sworn in and then sat down in a room and told "this is how it is".

Either they follow suit, or they are assinated!!!
Check your history books.

I don't want to see the guy end up dead.
Burt Gummer

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07/14/2011 05:36 PM
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Re: Ron Paul: "America's AAA Rating Not Worth Saving" Because "We Are Insolvent"
I like Ron Paul's ideas. but noting will change if he is elected.
Everyone on GLP should know how it works by now.

The new President is sworn in and then sat down in a room and told "this is how it is".

Either they follow suit, or they are assinated!!!
Check your history books.

I don't want to see the guy end up dead.
 Quoting: PathfinderTango 1458408



He won't get elected making statements like that one.
....and rightly so.
Anonymous Coward
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07/14/2011 05:38 PM
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Re: Ron Paul: "America's AAA Rating Not Worth Saving" Because "We Are Insolvent"
Vote Ron Paul and bring America back to sanity.
Anonymous Coward
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07/14/2011 06:26 PM
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Re: Ron Paul: "America's AAA Rating Not Worth Saving" Because "We Are Insolvent"
[link to www.futureworldcurrency.com]
Anonymous Coward
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07/14/2011 06:28 PM
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Re: Ron Paul: "America's AAA Rating Not Worth Saving" Because "We Are Insolvent"
gasp
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07/14/2011 06:49 PM
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Re: Ron Paul: "America's AAA Rating Not Worth Saving" Because "We Are Insolvent"
The man who yesterday got into a heated argument with the chairsatan on whether gold is or isn't money (a Bernanke response already mocked to death so we will leave it alone), shares his take on the most recent bout of scaremongering by Moody's (with S&P doing in private today what Moody's did in public yesterday) with Bloomberg TV's Erik Schatzker. When asked if the American AAA rating is worth saving, his reply: "probably not. I think if you had a market evaluation on this issue, it should have marked down a long time ago." The reason the downgrade will come regardless is that "ultimately that is going to happen anyway because we are insolvent." The big picture: "I think it is part of the game to make sure everyone is fearful so we continue this process. Long term, I think raising the debt limit is a negative because it delays the inevitable. It will give us much bigger problems down the road. Today and tomorrow, if Moody's does not lower the bond rating, it will be helpful in the short run. In the long run, it will be more devastating because Congress will go back to their old habits again." Said otherwise: Moody's is concerned about US debt now, but is not concerned if US were more tomorrow - sheer idiocy.

Full Bloomberg TV: [link to www.domasjefferson.com]
 Quoting: Constitutional American
Luvapottamus

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07/14/2011 07:01 PM
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Re: Ron Paul: "America's AAA Rating Not Worth Saving" Because "We Are Insolvent"
Hilariously Honest.

Go ron Go!

"We're just a bunch of deadbeats, here, take the credit card. Here's my checkbook. If you look in my backyard, in the shed, that's where the counterfeiting press is.

I feel like Bernie Madoff! Glad you finally got me.

-Uncle Sam

Ron needs to get Ventura on board, and his buddies to function as Vice President, and security detail.
"A human being should be able to change a diaper, plan an invasion, butcher a hog, conn a ship, design a building, write a sonnet, balance accounts, build a wall, set a bone, comfort the dying, take orders, give orders, cooperate, act alone, solve equations, analyze a new problem, pitch manure, program a computer, cook a tasty meal, fight efficiently, die gallantly. Specialization is for insects."
- Robert Heinlein, Time Enough for Love
Anonymous Coward
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07/14/2011 07:44 PM
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Re: Ron Paul: "America's AAA Rating Not Worth Saving" Because "We Are Insolvent"
If those idiots would put aside their political party agendas and actually work together, we might figure out a way to beat this. But their salaries would be the first paycut to be initiated. Wouldn't cure the problem but it would be a start in the right direction. Illegal aliens should be made to pay taxes on their money. Since the government is so all fired ready to "help" them, instead of deporting them, put them in jail, let them go out to work and make employers turn over wages to an accountant who would take their taxes out and give them their net pay. Just like an american citizen has to do. I'd even quit bitching about their illegal status!
 Quoting: LadyLinteweth


+1,000,000,000,000,000,000
ZOSIME

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07/14/2011 07:51 PM

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Re: Ron Paul: "America's AAA Rating Not Worth Saving" Because "We Are Insolvent"
The man who yesterday got into a heated argument with the chairsatan on whether gold is or isn't money (a Bernanke response already mocked to death so we will leave it alone), shares his take on the most recent bout of scaremongering by Moody's (with S&P doing in private today what Moody's did in public yesterday) with Bloomberg TV's Erik Schatzker. When asked if the American AAA rating is worth saving, his reply: "probably not. I think if you had a market evaluation on this issue, it should have marked down a long time ago." The reason the downgrade will come regardless is that "ultimately that is going to happen anyway because we are insolvent." The big picture: "I think it is part of the game to make sure everyone is fearful so we continue this process. Long term, I think raising the debt limit is a negative because it delays the inevitable. It will give us much bigger problems down the road. Today and tomorrow, if Moody's does not lower the bond rating, it will be helpful in the short run. In the long run, it will be more devastating because Congress will go back to their old habits again." Said otherwise: Moody's is concerned about US debt now, but is not concerned if US were more tomorrow - sheer idiocy.

Full Bloomberg TV: [link to www.domasjefferson.com]
 Quoting: Constitutional American


So true they are prolonging what is coming if they would of left things alone to begin with we could be maybe starting to make a come back.
one with the sun
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07/14/2011 07:54 PM
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Re: Ron Paul: "America's AAA Rating Not Worth Saving" Because "We Are Insolvent"
ron paul is telling you all just what you want to hear.
He is one of them.
Please dont fall for this game.
sheeplebah



Obongo said all the same shit then when in power no change fools.

You need to get rid of all them scumbags.

militia
Texas Uncensored

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07/14/2011 07:57 PM
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Re: Ron Paul: "America's AAA Rating Not Worth Saving" Because "We Are Insolvent"
Why dont you guys see? Ron Paul is STILL a politician! Youll finally get it when you dont have shit and realize he didnt do anything either. This country is a corporation and your arguing about the president but NOT the CEO SMH.
 Quoting: Anonymous Coward 1437940


He's the most honest and respected man in Washington.

He has been reelected over and over again because he does what he says he is going to do. Always with the Constitution.

Shill, you are done this time around. Go tell Barry it's over.

Last Edited by Texas Uncensored on 07/14/2011 07:57 PM
Torchbearer

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07/14/2011 08:31 PM
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Re: Ron Paul: "America's AAA Rating Not Worth Saving" Because "We Are Insolvent"
Americans need to grow some testicles and come to the realization that
AMERICANS HAVE MADE AMERICA GREAT, not banks, not corporate suits,not
politicians...but HARD -WORKING AMERICAN CITIZENS DOING WHAT AMERICANS
DO BEST... EDUCATING,INNOVATING, BUILDING, AND GROWING.

Ron Paul knows that, and he supports FREE MARKET ECONOMICS to

expand growth, increase opportunity, and enhance prosperity for all !





GLP