OldSoul : S & P Blames Republicans for Downgrade!

OldSoul

Permanent Black Man
PREMIUM MEMBER
May 16, 2002
2,190
1,113
Bronzeville USA
www.BLACKLAND.ORG
Occupation
Staying Alive
The main stream media organizations have not shown this, but right on page 4 of the actual report of Standard's and Poor's, it says this:
"Compared with previous projections, our revised base case scenario now assumes that the 2001 and 2003 tax cuts, due to expire by the end of 2012, remain in place. We have changed our assumption on this because the majority of Republicans in Congress continue to resist any measure that would raise revenues, a position we believe Congress reinforced by passing the act."
That is not being reported and wont be, but its there. Below is a link to the report, so you can see it for yourself and save it if you like.

 

butterfly#1

Well-Known Member
REGISTERED MEMBER
Mar 10, 2011
2,918
2,090
The main stream media organizations have not shown this, but right on page 4 of the actual report of Standard's and Poor's, it says this:
"Compared with previous projections, our revised base case scenario now assumes that the 2001 and 2003 tax cuts, due to expire by the end of 2012, remain in place. We have changed our assumption on this because the majority of Republicans in Congress continue to resist any measure that would raise revenues, a position we believe Congress reinforced by passing the act."
That is not being reported and wont be, but its there. Below is a link to the report, so you can see it for yourself and save it if you like.

Oldsoul, thanks for sharing this info. Wow, they actually called the Repubs out and said it. I have sending this link to some
of my friends of each party....(Dems and Repubs). I'm interested to see their response to me about it. I have received responses on other items of interest in the past few months. This certainly will help me to better understand their position."The Debt Ceiling Debate",
imo... a double edged sword thats gonna cut so deep, we're going to see red (even more so than now)...in some faces, who got us
where we are today. The House of Congress members might be out before President Obama. America's response is going tobe quite interesting .
 

bientempo

Well-Known Member
REGISTERED MEMBER
Oct 11, 2009
856
305
Dominican Republic
The main stream media organizations have not shown this, but right on page 4 of the actual report of Standard's and Poor's, it says this:
"Compared with previous projections, our revised base case scenario now assumes that the 2001 and 2003 tax cuts, due to expire by the end of 2012, remain in place. We have changed our assumption on this because the majority of Republicans in Congress continue to resist any measure that would raise revenues, a position we believe Congress reinforced by passing the act."
That is not being reported and wont be, but its there. Below is a link to the report, so you can see it for yourself and save it if you like.

Nice pick and choose. Above.

Republicans and

Democrats have only been able to agree to relatively modest savings on

discretionary spending while delegating to the Select Committee decisions on

more comprehensive measures. It appears that for now, new revenues have

dropped down on the menu of policy options. In addition, the plan envisions

only minor policy changes on Medicare and little change in other entitlements,

the containment of which we and most other independent observers regard as key

to long-term fiscal sustainability.
 

Create an account or login to comment

You must be a member in order to leave a comment

Create account

Create an account on our community. It's easy!

Log in

Already have an account? Log in here.

Thread starter Similar threads Forum Replies Date
Clyde C Coger Jr The Police : Federal prosecutor blames shootout on 'rhetoric' of Philadelphia DA Law Forum - Prisons - Gun Ownership 1
Clyde C Coger Jr Black Spirituality Religion : Alabama police department blames homicides on Satan Black Spirituality / Religion - General Discussion 0
Clyde C Coger Jr Black Positive People : Jury awards $289M to a black man who blames Roundup for cancer Black People Doing Positive Things 0
Clyde C Coger Jr Black Sports : Dez Bryant blames Cowboys 'garbage *** play calling' for struggles, calls out former teammates, coac Black Sports 0
Liberty Black People Politics : Sarah Palin Blames Obama For Son’s Domestic Violence Woes Black People Politics 4
RAPTOR South Africa : President Jacob Zuma blames Christianity for South Africa’s problems South Africa 9
river Black People Politics : Newspaper Blames Obama for Prolonging H.L. Gates Troubles Black People Politics 0
Q Black Entertainment : Taye Diggs Blames Black Women For The Cancellation Of His Show(s) Black Entertainment 48
P Black People : French MP blames riots on rappers Black People Open Forum 5
Fine1952 Black People Politics : !Republicans Suck More Than Democrats! Black People Politics 0
Kemetstry Black People Politics : WILL THE REAL REPUBLICANS PLEASE STAND, OR IS THIS WHO THEY ARE Black People Politics 69
HODEE Black People Politics : LACK OF SUPPORT FOR DEMOCRATS ( BLUE STATES ) IS BECAUSE REPUBLICANS DON'T WANT TO HELP THE BLACK ( DEMOCRATIC ) COMMUNITY Black People Politics 3
Clyde C Coger Jr Black People Politics : Senate Republicans block plans to make elections more secure from foreign interference Black People Politics 1
Clyde C Coger Jr Black People Politics : If You Want A Just World, Neither Republicans Nor Democrats Will Give It To You Black People Politics 9
Clyde C Coger Jr Law Forum : The Supreme Court Just Gave Its Latest Gift to Senate Republicans Law Forum - Prisons - Gun Ownership 2
Perfection Black People Politics : ▶ Republicans, Dems and "Progressives" unite telling blacks "We'll never give you reparations." Black People Politics 325
jamesfrmphilly Black People Politics : republicans-vote-to-gut-ethics-office Black People Politics 5
jamesfrmphilly Black People Politics : buck-up-democrats-and-fight-like-republicans Black People Politics 1
Liberty Black People Politics : What would happen if nonvoters actually showed up? Hint: Republicans wouldn’t be happy Black People Politics 0
Clyde C Coger Jr Black People Politics : Republicans Are Already Planning How to Ruin a Hillary Clinton Presidency Black People Politics 2
Clyde C Coger Jr Black People Politics : Republicans Are Even Blocking Their Own Nominees Now Black People Politics 1
Clyde C Coger Jr Black People Politics : Marco Rubio shows other Republicans how to respond to Black Lives Matter Black People Politics 10
Clyde C Coger Jr Black People Politics : Obama is renaming the tallest peak in North America — and Republicans are freaking out Black People Politics 7
Clyde C Coger Jr Black People Politics : Poll: Iowa Republicans Side with Obamas After Huckabee's Beyoncé Attack Black People Politics 2
Clyde C Coger Jr Black People Politics : Republicans Mad That Obama Mentioned Ferguson in U.N. Speech Black People Politics 1
Clyde C Coger Jr Black People Politics : Meet the Impeachment Crowd: 6 Republicans Who Want Obama Out Black People Politics 1
Clyde C Coger Jr Black People Politics : House Republicans to try to impeach U.S. Attorney General Holder Black People Politics 2
Alarm Clock Black People : Bipartisan Victory as Republicans and Democrats Agree Poor People Should Go Hungry Black People Open Forum 0
Destee Black People Politics : Where Are All The Black Republicans? Black People Politics 7
Ankhur Black People : Democrats an Republicans play Good Cop/Bad Cop to get Black folks to accept Neocon Policies Black People Open Forum 26
Amnat77 Black People : Poll: 46 percent of Mississippi Republicans want interracial marriage ban Black People Open Forum 3
Amnat77 Black People : How Republicans Party Black People Open Forum 1
Ankhur Black People : Republicans wanted off Shore Drilling since Reagan, so how is this "Green"? Black People Open Forum 10
MsInterpret Black People : Could 2010 be year of Black Republicans? Black People Open Forum 42
Therious Black People : Black Republicans A Sick Twisted Mess Black People Open Forum 39
H Black People Politics : Black Republicans Launch Racial Anti-Obama Ads Black People Politics 4
I Black People : Democrats and Republicans are at the Black People Open Forum 6
T Black People : Democrats vs. Republicans Black People Open Forum 15
G Black People : Democrats vs. Republicans Black People Open Forum 4
D Black People : A QUESTION FOR BLACK REPUBLICANS Black People Open Forum 17
Similar threads








































Latest profile posts

Destee wrote on beautifulblkw's profile.
Hi Sister!!!! :wave: :wave: :wave: So good to see you! Thanks for coming home! YAAAAAY! :yaay: Much Love and Peace! :love:
Massey Ferguson Tractors and farm implements for Sale in Africa especially in Botswana, Kenya, Tanzania, Zambia, Ghana, Nigeria and many more. Our tractor company in Africa having huge stock of brand new tractors and farm implements for tractor dealers.
sekou kasimu wrote on ZIbijah's profile.
Have you read "The Iceman Inheritance: Prehistoric Origins of Western Man's Racism, Sexism, and Aggression"?
$1 Billion Black dollars in 30 days
Destee wrote on Marcchris's profile.
Hi @Marcchris ... Welcome Welcome Welcome!!! :wave: ... Thanks for joining us AND becoming a Premium Member! :cheerleader: ... I am honored. Please make yourself right at home! Much Love and Peace.
Top