On Aug 8, 2011, at 1:15 PM, [email protected] wrote:

> That scare tactic is directly attributable to Owe-bama and the douche-bagger 
> Democrats in Congress who falsely claimed we would default on August 2nd of 
> we didn't raise Owe-bama's allowance.

Yes, just in the words of S&P:

”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.”

<http://www.ft.com/cms/af2c4fac-bfc2-11e0-90d5-00144feabdc0.pdf>

Page 4 near the bottom.

And your hysterical insistence that policies of the Obama administration are to 
blame entirely are literally absurd since it's actual economic fact that 
policies of the Bush administration accounts for 43% of the current debt, while 
that of the Obama administration accounts for 16%.

<http://tinyurl.com/3hvcd45>


You seem to think that merely chanting slogans converts them into fact.

-- 
Bruce Johnson

"Wherever you go, there you are" B. Banzai,  PhD

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