Thursday, August 3, 2023

Failure is Quickly Politicized


Janet Yellen on the Fitch rating:

Fitch’s decision is puzzling in light of the economic strength we see in the United States. I strongly disagree with Fitch’s decision, and I believe it is entirely unwarranted. Its flawed assessment is based on outdated data and fails to reflect improvements across a range of indicators, including those related to governance, that we’ve seen over the past 2½ years.

Pearls of wisdom from Democrat Bullshit Artist Kevin Munoz:

This Trump downgrade is a direct result of an extreme MAGA Republican agenda defined by chaos, callousness and recklessness that Americans continue to reject. Donald Trump oversaw the loss of millions of American jobs, and ballooned the deficit with the disastrous tax cuts for the wealthy and big corporations.

In Fitch's own words:

There has been a steady deterioration in standards of governance over the last 20 years, including on fiscal and debt matters, notwithstanding the June bipartisan agreement to suspend the debt limit until January 2025.

Now for a few words from your Old Uncle Kenny:

Everyone of you motherfuckers is responsible for this clusterfuck dating back to that moron George Bush.  

  • 20 fucking years of pointless warfare, running around the globe looking for the next bullshit conflict to stick our noses into
  • welfare programs that do nothing but create more ass clowns that sit around doing nothing but taking up space and waiting for the next bullshit gub'mint check to arrive in their mailboxes
  • tax credits and special deals for industries that would not have a Chinaman's chance in Hell of surviving on their own
  • corruption out the ass for decades including large scale bullshit loan programs that are backed by the government that value quantity of loans over quality of loans when measuring success (can you fog a mirror? congratulations Mr. Applicant, you qualify for our loser debtor loan program, sign right here...welcome to the very large pool of other losers who are now beholden to their own fucking government, now we can influence your vote just by dangling out some possibility that your debts might be one day forgiven...)
  • personality worship that transforms some ass clown Chicago "community organizer" into the "Magical African" capable of doing no wrong
  • the same personality worship then subsequently directed toward a guy from Queens, NY who sold real estate, steaks, worthless "university degrees", a stupid television program and anything else he thought he could turn a buck on and who, in large part, turned out to not be who he purported to be when running as a candidate for El Presidente'
  • and finally, a Covid Scamdemic that served as an excuse to grossly inflate the money supply with little to no regard for the consequences of doing so...  
What the fuck did you expect to happen??!!  

The bill is just now starting to come due and how do you suppose Uncle Sam is going to pay for it?  He is going to say "Well, we all have to pull together as 'Great Americans' and pay our 'fair share' and there are going to be some tax increases".  If you have planned for this moment to arrive and have your ducks in a row, Bully for You.  If not, you are going to be feeling Uncle Sam up your ass for the coming years while he makes installments on all of this debt that will have higher and higher interest rates attached to it.

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