Fitch downgrades US rating, citing "steady deterioration" in governance

[League Champion 1,896]

https://www.axios.com/2023/08/01/fitch-ratings-us-credit-rating-downgrade

[thegeneral 2,910]

Pretty hard to argue this: 

Fitch cut the country's default rating from a pristine AAA to the next level down, AA+. The ratings agency said rising debt levels and a polarized political culture is making the U.S. a less dependable payor of its debts.

[Cloaca du jour 2,147]

BUILD BACK BETTER!!!

 

[Hardcore troubadour 14,934]

Don’t ever underestimate Joe’s ability to Fock things up. 

[Patented Phil 1,469]

It’s a joke it was rated yesterday as “Pristine”.

[BunnysBastatrds 2,315]

Fitch is Finch?

Hot?

 

 

 

 

 

   

[kilroy69 1,216]

Fitch. hahahaha. What a bunch of focking turds. They literally should not be allowed to operate. Without direct support from the ratings agencies the 2008 housing crisis would never have happened. So when they speak I take it with a grain of salt. 

[RLLD 4,143]

7 minutes ago, kilroy69 said:

Fitch. hahahaha. What a bunch of focking turds. They literally should not be allowed to operate. Without direct support from the ratings agencies the 2008 housing crisis would never have happened. So when they speak I take it with a grain of salt. 

Agree.  Those ratings agencies were very much involved in that fockery.....but hey, home prices were lefit and what not   

[thegeneral 2,910]

12 hours ago, Hardcore troubadour said:

Don’t ever underestimate Joe’s ability to Fock things up. 

Republicans playing chicken with the debt ceiling whenever they are in charge, running up the debt when they control the purse strings has a big role to play here. This has been years in the making.

[Hardcore troubadour 14,934]

47 minutes ago, thegeneral said:

Republicans playing chicken with the debt ceiling whenever they are in charge, running up the debt when they control the purse strings has a big role to play here. This has been years in the making.

Yup. It’s the republicans big role at fault here. Thanks for pointing that out. I feel so enlightened.  

[thegeneral 2,910]

4 minutes ago, Hardcore troubadour said:

Yup. It’s the republicans big role at fault here. Thanks for pointing that out. I feel so enlightened.  

You are usually so fair and non-partisan  

[RLLD 4,143]

1 hour ago, thegeneral said:

Republicans playing chicken with the debt ceiling whenever they are in charge, running up the debt when they control the purse strings has a big role to play here. This has been years in the making.

There is merit to this.  While it would not be the first time this little game was played, it certainly must factor into all this in some manner. 

[thegeneral 2,910]

8 minutes ago, RLLD said:

There is merit to this.  While it would not be the first time this little game was played, it certainly must factor into all this in some manner. 

I mean they said it in the explanation - political polarization making US a less reliable debtor. 

[RLLD 4,143]

6 minutes ago, thegeneral said:

I mean they said it in the explanation - political polarization making US a less reliable debtor. 

Agree, it must be a factor

[Fnord 2,051]

3 hours ago, Hardcore troubadour said:

Yup. It’s the republicans big role at fault here. Thanks for pointing that out. I feel so enlightened.  

That's not what he said. No one in their right mind would lay all of the fault at either party's feet. Lots of blame to go around.

[Hardcore troubadour 14,934]

3 minutes ago, Fnord said:

That's not what he said. No one in their right mind would lay all of the fault at either party's feet. Lots of blame to go around.

I repeated exactly what he said. Learn to read, chump. 

[Fnord 2,051]

1 minute ago, Hardcore troubadour said:

I repeated exactly what he said. Learn to read, chump. 

He said they played a big role, not that they were singly responsible. Learn to read, Dewey Decimal.

[Hardcore troubadour 14,934]

5 minutes ago, Fnord said:

He said they played a big role, not that they were singly responsible. Learn to read, Dewey Decimal.

Yeah, I know. It’s called sarcasm. The Jews invented it. No Jews near you, goober? 

[Dizkneelande 1,085]

4 hours ago, thegeneral said:

Republicans playing chicken with the debt ceiling whenever they are in charge, running up the debt when they control the purse strings has a big role to play here. This has been years in the making.

You’re right. Republicans are puss!es, they are ineffective and disjointed and they spend like drunken sailors and no different there than Democrats. A lot of them are ideologically identical to some Democrats. I pretty much hate most of them but can live with them governing. Unfortunately for America the Communists infiltrated the Democrat party and most of our institutions.