Post AYKVRdbm4OtiBgxBSa by toxtethogrady@universeodon.com
(DIR) More posts by toxtethogrady@universeodon.com
(DIR) Post #AYK8re4cfGvsDKsaZ6 by KimPerales@toad.social
2023-08-02T15:07:42Z
0 likes, 1 repeats
Fitch didn't blame Republicans, who're responsible. &#J6: >2.5 yrs ago. The RW power grab is evident everywhere: Fitch informed Biden admin officials: #J6 was a factor in its decision to downgrade bc it indicated an unstable govt🚨. Fitch produced a report last yr that showed govt stability declined from 2018-21, but increased since Biden assumed the presidency. Another factor -expects a mild recession in the final 3 months of 2023 & early next year *debunked. #GOPSabotage https://fortune.com/2023/08/02/why-america-lost-aaa-rating-fitch-january-6-white-house/?ref=biztoc.com
(DIR) Post #AYKGjeCv5B9fwhSR5E by GreenFire@mstdn.social
2023-08-02T16:35:49Z
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@KimPerales The credit downgrade of the USA is entirely caused by nonvoting Americans and Republican voters.The GOP cannot govern their way out of a wet paper bag.
(DIR) Post #AYKGwiFlLqiWG518yG by KimPerales@toad.social
2023-08-02T16:38:14Z
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@GreenFire I think that downgrade was politically motivated, esp. with the timing. I heard a representative from Fitch interviewed this morning. He had RW views.
(DIR) Post #AYKGz6Ft5EkvHKDKiG by tdwllms1@mstdn.social
2023-08-02T16:38:39Z
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@KimPerales “steady deterioration in standards of governance” over the past two decades.100 percent republicans gameplan.... this is ALL on the GOP and right wing.
(DIR) Post #AYKI1Eu601O8dPbaOO by GreenFire@mstdn.social
2023-08-02T16:50:17Z
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@KimPerales Conservatives seem to have no lower bounds on how much harm they'll cause people in their quest to maintain/gain power.
(DIR) Post #AYKVRdbm4OtiBgxBSa by toxtethogrady@universeodon.com
2023-08-02T19:20:44Z
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@KimPerales I think Fitch knows exactly why America's repayment of debts is at risk, and it's Republicans playing games with their responsibility for paying their bills. Meanwhile, Fitch's claim that America's indebtedness will increase going to forward runs counter to recent performance, as the budget deficits have actually come down in the last two years. While the markets are swooning today, they should come to their senses pretty quickly. That's what happened when S&P downgraded the debt nine years ago...
(DIR) Post #AYKp7CONXz6V4PDenQ by ArenaCops@infosec.exchange
2023-08-02T23:01:03Z
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@KimPerales Which means swift, early accountability of leading Jan 6 insurrectionists, planning to be government competitors if not rightly held accountable would've positively influenced Fitch's rating of the United States.#RuleOfLaw #AccountabilityMatters #JusticeMatters
(DIR) Post #AYL3m0IwnAZAoQ1w7E by jimgoodall@mstdn.ca
2023-08-03T01:45:23Z
0 likes, 0 repeats
@KimPerales These credit rating morons cry "the sky is falling" at the drop of a hat. The only thing it's good for is being able to short sell stocks. Incredibly self-serving bunch of criminals, if you ask me.