Nikki Haley - "It was not NATO expansion or Western warmongering that pushed Russia to invade."
Bullshit. It was absolutely NATO expansion and she fucking knows it. Over time, NATO has expanded to reach the 800 mile border that Finland shares with Russia. Putin's no fucking fool - I absolutely guarantee you that should WWIII break out, no one with a last name of Haley is going to be anywhere near the front line "fighting for Democracy".
Americans are buried under more than $1 trillion in credit card debt. Credit card balances increased by $45 billion between April and June alone. Meanwhile, credit card interest rates have climbed to 20.6%."
More people are carrying a balance than are paying off in full each month. A first.
Great Americans today are not the Great Americans of 30 or 40 years ago. The mindset of Great Americans today is not the same as it was decades ago. If it were the same, they would have already slowed down on their spending in the face of high inflation and rising interest rates.
Today's Americans are in fact a special kind of stupid compared to their grandparents. You might even go so far as to say brain dead by comparison.
But, this is a fat-assed debt zombie consumer creation built by the government and large banks. If you doubt that, just read a book titled "Maxed Out" about how the government partnered with large banks to offer the first credit cards to the well heeled back in the 1960's in an effort to make credit easily available which would then "juice the economy".
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 Its flawed assessment is based on outdated data and fails to reflect improvements across a range of indicators, including those related to governance, that we’ve seen over the past 2½ years.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.
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.
One of the ratings agencies finally woke up.
Fitch gives long term U.S. debt a well deserved (and overdue) downgrade. Moody's and Standard and Poors might grow a pair and follow Fitch's lead. The last time a ratings agency (S&P in 2011) dinged the US credit rating, the Magical African Obama threw a temper tantrum and they quickly restored the AAA rating.
