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BREAKING: US AAA credit rating downgraded

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Re: BREAKING: US AAA credit rating downgraded

Unread postby EnergyUnlimited » Sat 06 Aug 2011, 16:27:13

Cid_Yama wrote:Excuse me, how does my comment about tearing down the border wall, to the Republicans that are all concerned about it, show me as a rascist?

IMHO you are projecting Mexican setups like an ultimate Nemesis to US culture.
It is my impression after reading your previous post.
IMHO you will have to embrace their values on your own trajectory of descend into (well earned) Third World status.
Try imagine how much you have exploited these (Mexican) peoples within last 2 centuries...
It is only a natural justice that now you are on the track to join them in...
No malignancy here...
Only observation...
The world is coming to an end within the next decade or so due to massive quantities of methane being released from the ESAS.

Good chance for this but it is not yet king seal stamped...

But our remaining time could have been spent as a first world nation, instead of a failed state.

Cid,
Sincerely, regardless of our right v. left differences.
It is impossible to be a First World nation right until the very end.
Now First World, then (due to objective lack of funding and Nature ravages) Third World, then feudal state (or collapse, may be fascism meantime and then feudal state), then Mad Max world and then and only then extinction...
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Re: BREAKING: US AAA credit rating downgraded

Unread postby PrestonSturges » Sat 06 Aug 2011, 16:29:56

EnergyUnlimited wrote:New global currency...
It will either be gold or other mineral based currency or a final round of a paper scam followed by collapse to new Stone Age.

A little reminder that when anyone's inbred cousin starts babbling about the End Times from Revelation, the Beast is going to be the guy that Christians line up to follow (ie a Republican), not some Democrat that the fundies hate. I just wanted to point that out so you can have fun at family gatherings screwing with their heads.
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Re: BREAKING: US AAA credit rating downgraded

Unread postby Sixstrings » Sat 06 Aug 2011, 16:35:21

EDIT: I got off topic, more on topic..

S&P: U.S. Faces Further Downgrade Beyond AA+

The U.S.’s new double A+ rating “could go down more in a time frame of six months to 24 months,” to double-A, depending on government action to cut the deficit..
http://www.foxbusiness.com/markets/2011/08/06/sp-us-faces-further-downgrade-beyond-double/


So.. if the Super Congress doesn't satisfy S&P we get another downgrade in 6 months.
Last edited by Sixstrings on Sat 06 Aug 2011, 16:57:56, edited 3 times in total.
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Re: BREAKING: US AAA credit rating downgraded

Unread postby EnergyUnlimited » Sat 06 Aug 2011, 16:37:26

Cid_Yama wrote:We knew how precarious our situation was. Heck, it was a miracle that President Obama was able to pull us back from the brink when he first entered office. The world economy at the time had totally seized up. Ships were sitting Idle or being scrapped.

But, the Republican's saw it as their mission sabotage his Presidency no matter the cost.

Well the cost was too damn high!

They didn't just take down the currrent Administration, they took us all down.

Permanently. There is no recovering from this, EVER.

Do you really believe in what you are writing...
Do you really advocate to extend status quo for as long as you can at any expense only to see a final ruin coming faster and in a total manner?

Why, regardless of your sound environmental knowledge you are trying to keep going unsustainable behemoth system until the final ruin takes it out for good?
Why try to keep going something what doesn't work?
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Re: BREAKING: US AAA credit rating downgraded

Unread postby EnergyUnlimited » Sat 06 Aug 2011, 16:40:33

PrestonSturges wrote:
EnergyUnlimited wrote:New global currency...
It will either be gold or other mineral based currency or a final round of a paper scam followed by collapse to new Stone Age.

A little reminder that when anyone's inbred cousin starts babbling about the End Times from Revelation, the Beast is going to be the guy that Christians line up to follow (ie a Republican), not some Democrat that the fundies hate. I just wanted to point that out so you can have fun at family gatherings screwing with their heads.

Sorry, I am an atheist.
But I do not believe in eternal Progress either...
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Re: BREAKING: US AAA credit rating downgraded

Unread postby PrestonSturges » Sat 06 Aug 2011, 16:52:44

EnergyUnlimited wrote:
PrestonSturges wrote:
EnergyUnlimited wrote:New global currency...
It will either be gold or other mineral based currency or a final round of a paper scam followed by collapse to new Stone Age.

A little reminder that when anyone's inbred cousin starts babbling about the End Times from Revelation, the Beast is going to be the guy that Christians line up to follow (ie a Republican), not some Democrat that the fundies hate. I just wanted to point that out so you can have fun at family gatherings screwing with their heads.

Sorry, I am an atheist.
But I do not believe in eternal Progress either...
That's fine, you still get to mock the Millenialists' religion. And when they start whining about that you can "Ooo, I'm sorry, I did not know you were enforcing political correctness."
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Re: BREAKING: US AAA credit rating downgraded

Unread postby Loki » Sat 06 Aug 2011, 16:55:47

Maybe it's because I don't gamble in the Wall Street casino, but I don't see how this downgrade will lead to the collapse of the US, much less Olduvai Gorge. It's just yet another data point suggesting the long-term decline of the US economy. Fedgov debt is hardly our most serious problem---we've got mountains of consumer debt, serious structural unemployment, massive trade deficits, etc., etc., etc., ad naseum.

That said, I have no doubt the useful idiots in the Tea Party and the wealthy interests they represent will demand even deeper austerity measures for working and middle class Americans, which will almost certainly lead us right back into an official recession (not just stagflation like we've been experiencing). Who knows how things will proceed from there, but it's looking more and more like a Great Depression II.
A garden will make your rations go further.
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Re: BREAKING: US AAA credit rating downgraded

Unread postby EnergyUnlimited » Sat 06 Aug 2011, 17:03:02

"Political Correctness" is a domain of Liberals.
I do not support Liberals.
They want something for nothing regardless of Nature's constrains.
This cannot succeed... hence we are heading towards an ultimate ruin but I must admit that "drill baby drill" characters are accelerating arrival of this ruin.
Well, human nature... all sold for temporary (and increasingly brief) comfort.
That's life.
Gods ruling entropy (if they are any... you know I am an atheist) will be proud of us. :)
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Re: BREAKING: US AAA credit rating downgraded

Unread postby Cid_Yama » Sat 06 Aug 2011, 17:04:12

EU wrote:
Cid wrote:The world is coming to an end within the next decade or so due to massive quantities of methane being released from the ESAS.

Good chance for this but it is not yet king seal stamped...


Yes it is, according to lastest estimates by Ira Leifer of annual non-gradual releases from the ESAS.

Since I know it is the End of the World, and I'm 67, I want the world outside my estate moving along smoothly til I die.

There is nothing that can be done.

But because of the butt-head Republicans, I may have to deal with zombies at the gate before it's over.

I'm pissed as all hell.

Do you have any idea how low the IQ and how high the level of armaments is in Texas?

I'm going to have to look into computer controlled mounted .50s placed around the inner perimeter. Or maybe a mine field.

This so s*cks!
"For my part, whatever anguish of spirit it may cost, I am willing to know the whole truth; to know the worst and provide for it." - Patrick Henry

The level of injustice and wrong you endure is directly determined by how much you quietly submit to. Even to the point of extinction.
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Re: BREAKING: US AAA credit rating downgraded

Unread postby EnergyUnlimited » Sat 06 Aug 2011, 17:23:09

Cid_Yama wrote:
EU wrote:
Cid wrote:The world is coming to an end within the next decade or so due to massive quantities of methane being released from the ESAS.

Good chance for this but it is not yet king seal stamped...


Yes it is, according to lastest estimates by Ira Leifer of annual non-gradual releases from the ESAS.

I would like to read an original paper and I would appreciate a reference.

Anyway, did you think about any other possible and yet unknown mechanisms which would delay or deffer such scenario?
Even if all accumulated knowledge is showing towards bad future, we do not know the future.

We can talk about the future only in terms of probabilities and in terms of an ultimate certainty.
Of course there will be a sunrise tomorrow, but with climate change there is far more to consider.
Do you observe that one member of this forum (Snowman) is actually embracing and admiring coming climate change?
He may be misguided but who knows?
Arctic regions of the future may still prove to be habitable for mammals...

Since I know it is the End of the World, and I'm 67, I want the world outside my estate moving along smoothly til I die.

I am only 42.
I think you will live in relative peace for at least next 5-10 years... and then there won't be much to miss regardless what happened.
I am much younger and I do not fear that... sometimes man has to die... nothing can be done here...
But because of the butt-head Republicans, I may have to deal with zombies at the gate before it's over.

I'm pissed as all hell.

If these are to come, they will still come regardless of Reps, Dems and others.
Being in your position I would take few and die an honorable death myself, perhaps with my wife if I cannot save her.
One way or another anyone has to die...
Do you have any idea how low the IQ and how high the level of armaments is in Texas?

I'm going to have to look into computer controlled mounted .50s placed around the inner perimeter. Or maybe a mine field.

Don't panic..
You are a wealthy man.
You are in position to form your own militia if need be.
And don"t forget an ultimate opportunity which Nature have prepared for you:
You have a good chance to die like a man should, not pas out in the nappies.
Take a bad news at positive angle... after all anything what we cannot deffer we can embrace...
Last edited by EnergyUnlimited on Sat 06 Aug 2011, 17:38:08, edited 1 time in total.
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Re: BREAKING: US AAA credit rating downgraded

Unread postby Cid_Yama » Sat 06 Aug 2011, 17:33:12

It's happening now. This is the future. It isn't something that may happen. It is something that is happening.

Here is a link to my archive. You can find everything here.
"For my part, whatever anguish of spirit it may cost, I am willing to know the whole truth; to know the worst and provide for it." - Patrick Henry

The level of injustice and wrong you endure is directly determined by how much you quietly submit to. Even to the point of extinction.
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Re: BREAKING: US AAA credit rating downgraded

Unread postby americandream » Sat 06 Aug 2011, 17:41:11

Cid_Yama wrote:It's happening now. This is the future. It isn't something that may happen. It is something that is happening.

Here is a link to my archive. You can find everything here.


Thanks. Have favourited it for reading later.
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Re: BREAKING: US AAA credit rating downgraded

Unread postby EnergyUnlimited » Sat 06 Aug 2011, 18:00:18

Cid_Yama wrote:It's happening now. This is the future. It isn't something that may happen. It is something that is happening.

Here is a link to my archive. You can find everything here.

Will read quoted papers in coming days.
Did you think about how Nature might react on all this mess?
It is by no means certain.
I believe you live in Texas and there is outright hell there right now.
I live in Poland.
Last winter was the frostiest and longest in last 2 or 3 decades and this summer is so cold and generally crap that I have to struggle to keep holiday makers (big part of my income relies on these...).
Who knows, may be some areas will be scorched to bare sand but others will prevail?
We cannot know that yet, we don't know all feedback mechanisms albeit more and more data is emerging as we speak...
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Re: BREAKING: US AAA credit rating downgraded

Unread postby eXpat » Sat 06 Aug 2011, 18:56:05

Is Saturday night, grab a pizza and a beer, and enjoy the movie :)
http://www.youtube.com/watch?v=2N8gJSMoOJc
"I learned long ago, never to wrestle with a pig. You get dirty, and besides, the pig likes it."
George Bernard Shaw

You can ignore reality, but you can't ignore the consequences of ignoring reality.” Ayn Rand
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Re: BREAKING: US AAA credit rating downgraded

Unread postby americandream » Sat 06 Aug 2011, 19:49:40

eXpat wrote:Is Saturday night, grab a pizza and a beer, and enjoy the movie :)
http://www.youtube.com/watch?v=2N8gJSMoOJc


It is over in my place except it's fish and chips over here. :-D
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Re: BREAKING: US AAA credit rating downgraded

Unread postby PrestonSturges » Sat 06 Aug 2011, 20:01:06

EnergyUnlimited wrote:"Political Correctness" is a domain of Liberals.
I do not support Liberals.
They want something for nothing regardless of Nature's constrains.
This cannot succeed... hence we are heading towards an ultimate ruin but I must admit that "drill baby drill" characters are accelerating arrival of this ruin.
Well, human nature... all sold for temporary (and increasingly brief) comfort.
That's life.
Gods ruling entropy (if they are any... you know I am an atheist) will be proud of us. :)


I think goes to why conservatives are doing far more damage than good - it's that tiny bubble of circular logic they live in.

Can you appreciate the irony of the Norway terrorist claiming he was at war with "political correctness" so that if anyone said something critical of his beliefs he was going to freaking kill their kids? Because nothing say "against PC" like killing people because they disagree with you policies or pet theories. Aren't Iran's ayatollahs practicing their own brand of political correctness after all?

And isn't it conservatives that are in a constant state of rage because liberals say thing that they find unacceptable, or because liberals swear too much, or because liberals refuse to acknowledge that Jesus endorses all their positions. That is their own brand of political correctness when they wrap policy in religion and then demand nobody contradict them.

That's why conservatives are unable to formulate anything resembling a policy - they are too busy attacking the things that they do obsessively themselves.
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Re: BREAKING: US AAA credit rating downgraded

Unread postby timmac » Sat 06 Aug 2011, 20:36:24

Cid_Yama wrote:Do you have any idea how low the IQ and how high the level of armaments is in Texas?


Yep I do and we are talking with one right now.. :lol:
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Re: BREAKING: US AAA credit rating downgraded

Unread postby kiwichick » Sat 06 Aug 2011, 20:37:17

18 countries/territories with aaa rating

useless states of america aa+ on negative watch
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Re: BREAKING: US AAA credit rating downgraded

Unread postby americandream » Sat 06 Aug 2011, 21:08:26

EnergyUnlimited wrote:
Cid_Yama wrote:It's happening now. This is the future. It isn't something that may happen. It is something that is happening.

Here is a link to my archive. You can find everything here.

Will read quoted papers in coming days.
Did you think about how Nature might react on all this mess?
It is by no means certain.
I believe you live in Texas and there is outright hell there right now.
I live in Poland.
Last winter was the frostiest and longest in last 2 or 3 decades and this summer is so cold and generally crap that I have to struggle to keep holiday makers (big part of my income relies on these...).
Who knows, may be some areas will be scorched to bare sand but others will prevail?
We cannot know that yet, we don't know all feedback mechanisms albeit more and more data is emerging as we speak...


That's the whole point with trend seeking systems on the brink of a breakout....all over nature. As the edge of the breakout zone is approached, the tendency for wild fluctuations increases. In other words, I view increasingly colder winters and hotter summers with concern. Pull up any chart....from the financial world to climate and note the tendency for volatilty at the edge of trend breakouts.

In fact, we are just as likely to descend into a thousand year ice age before being thrust into a hellish nightmare of oven like temperatures as we are to breakout directly into the hotter zone. No one knows and will never know as these trend shifts are beyond our capabilities. Of course, adding half wit Poles to the process that is driving this increasing volatility has not helped much.
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Re: BREAKING: US AAA credit rating downgraded

Unread postby Outcast_Searcher » Sat 06 Aug 2011, 21:10:00

PrestonSturges wrote:And isn't it conservatives that are in a constant state of rage because liberals say thing that they find unacceptable, or because liberals swear too much, or because liberals refuse to acknowledge that Jesus endorses all their positions. That is their own brand of political correctness when they wrap policy in religion and then demand nobody contradict them.

That's why conservatives are unable to formulate anything resembling a policy - they are too busy attacking the things that they do obsessively themselves.

"Behold, I can SEE!", sayeth the blind man.

If you swich liberal and concervative in the above rant, and use Unions in place of Jesus, and wealth redistribution in place of religion -- then liberals are as guilty as conservatives.

Of course, you could never admit that, because you are "pure and good and correct"! You get your ideas from MSNBC, where brilliant and unbiased people like Ed Shulz and his ilk spew stupidity that is no better (just different) than what one can find on Fox News.

Congratulations on displaying your personal (unbaised, of course) state of rage. We're all so enlightened now. :razz:
Given the track record of the perma-doomer blogs, I wouldn't bet a fast crash doomer's money on their predictions.
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