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Debt Deal Reached

Global markets are on the rise in response to a deal between President Obama and congressional Republicans on the debt. The deal would cut more than $2 trillion from federal spending over a decade. However, most economists think this isn't enough and does not remove the threat that the nation's AAA credit rating could be downgraded.

3 of 844 comments (clear)

  1. Re:Ponzi Scheme by pete.com · · Score: 1, Troll

    Social Security has been a Ponzi scheme since its inception.

  2. Re:Could Someone Help Me Out With This? by Joce640k · · Score: 1, Troll

    Really? You don't spend more than you take in? You don't have a car loan, or a mortgage, or student loans?

    If not, then you're probably lucky enough to be in a situation where that's possible. Jobs that pay well enough to put yourself through school are few and far between for those with no experience.

    Either that or he doesn't try to live like a king. Believe it or not it is possible to survive without the latest iPhone, designer clothes and a gas guzzler.

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    No sig today...
  3. Re:For a revolutionary workers party! by hairyfeet · · Score: 1, Troll

    We have THREE wars yet the top 1%ers (which now control more than 90% of the wealth in this country, leaving the other 90% to fight for the last 10%) have determined it is their God given right to have "More MONIES! Nom nom nom". NEVER in our history have we had a war and not raised taxes on the wealthy, EVER, yet here is the right wing more than happy to cheer on at least two of those wars while refusing to pay a fucking cent in. I guess war is great as long as it costs you nothing and you get to keep your breaks and make a tidy sum on your Raytheon stock huh?

    I urge everyone to go here and let your congressmen know anyone who votes for this kick to the balls of the poor, which cuts provider payments to medicaid/care while not cutting a cent to the military or making the top 1%ers pay a penny WILL BE VOTED OUT next election! I also urge you to vote Green or new Whig next election, as it is obvious that a vote for a D or an R is now a "wasted vote" thanks to Citizens United. This is our last option before having an Arab Spring which I truly believe is coming.

    Better to default than to take this piece of trash legislation.

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    ACs don't waste your time replying, your posts are never seen by me.