Boehner on S&P

[jaxx]

Speaker of the House John Boehner:

“This decision by S&P is the latest consequence of the out-of-control spending that has taken place in Washington for decades. The spending binge has resulted in job-destroying economic uncertainty and now threatens to send destructive ripple effects across our credit markets.

Republicans have listened to the voices of the American people and worked to bring the spending binge to a halt. We are no longer debating how much to spend, but rather how much to cut. Unfortunately, decades of reckless spending cannot be reversed immediately, especially when the Democrats who run Washington remain unwilling to make the tough choices required to put America on solid ground.

The Administration and Democrats in Congress had sought an increase in the debt limit without any spending cuts or reforms. Republicans made clear the American people would not tolerate that and fought for the largest spending cuts possible. With the Budget Control Act, we made a positive first step toward reducing the debt, but much more must be done.

In May, I warned, ‘if we don't act boldly now, the markets will act for us very soon.’ It is my hope this wake-up call will convince Washington Democrats that they can no longer afford to tinker around the edges of our long-term debt problem. As S&P noted, reforming and preserving our entitlement programs is the ‘key to long-term fiscal sustainability.’

Read more: http://www.businessinsider.com/washingto...z1UDI3UBhR

[jaxx]

Hey John.....it's your fault!!

<..> 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.standardandpoors.com/servlet/...lue3=UTF-8

[Cha]

As seen on Twitter..

"bin Laden no match to Boehner in wrecking US economy"

[Born_A_Truman]

My Tweet to the asshole

HootervilleHoll Pat
@SpeakerBoehner You and your Tea Party idiots should be ashamed of yourselves. The American people know the blame belongs on all of you.

[There Is No Spoon]

Boehner:

"I got 98% of what I wanted"

S&P:

We're cutting your rating not because of your balance sheet, we're cutting it because your INSANE TEA PARTY is creating instability by claiming that the US CAN DEFAULT ON IT'S DEBT - NO BIG DEAL. Boehner, get control of your caucus before you not only destabilize our credit rating, you destabilize the country leading to a civil war. This is your only warning. And yes, your intransigence on increasing revenue to cover debt is a part of this too.

[jaxx]

Good one Pat.

You tweeters keep us posted please!!

[sandnsea]

Reagan bankrupts the US through uncontrolled military spending.

Weird poetic justice there.

[Baltoman991]

As S&P noted, reforming and preserving our entitlement programs is the ‘key to long-term fiscal sustainability.’

Really Boner? Is that ALL THEY SAID? Not quite, you ignored this part:

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.


So fuck you Boner, fuck you Cantor and fuck any of the rest of you teaparty asskissers who continue to insist that the American people wanted this. Heres reality for you Boner, when you read a poll, the lower number doesn't represent the majority of the people.

The majority is saying TAX the fucking rich their fair share. They're saying let the damn tax cuts expire. They're saying stop giving the oil companies a free pass.

You're an idiot Boner as are the rest of you Koch licking assholes.