Saturday, August 6, 2011

News Items

Nation Of Ex-Junkie Losers Begins Its Weekend

Yeah; by the way, Standard & Poors (the same bunch of assclowns who said the Too Big To Fail banks were "A-OK!", and that Countrywide Financial was super-duper for the nation, and that AIG was, too) has declared United States in the same category as ex-junkies who need to call their sponsors and social case workers and parole officers on a regular basis until they can prove they aren't, you know, going to lose it and shoot up a Dairy Queen or anything.
Compared with previous projections, our revised base case scenario now assumes that the 2001 and 2003 tax cuts, due to expire by the end of 2012, remain in place. We have changed our assumption on this because the majority of Republicans in Congress continue to resist any measure that would raise revenues, a position we believe Congress reinforced by passing the act.
And the Commie Chinese are saying we'd better watch it and get our financial house in order and not see their massive cyber penetrations into the U.S. government or corporations, and their continuing to purchase access to the world's strategic raw materials -- or they'll cut off our supply of The Great Helmsman brand Moo Goo Gai Pan plum sauce, dump a bunch of Treasury bonds and invade the West Coast. Or something.
China, the largest foreign holder of United States debt, said Saturday that Washington needed to “cure its addiction to debts” and “live within its means,” just hours after the rating agency Standard & Poor’s downgraded America’s long-term debt.

The harshly worded commentary, which was released by China’s official Xinhua news agency, was Beijing’s latest effort to express its displeasure with Washington.
In Washington, Tea Partei leaders said the statement by the Chinese government was "fulla shit", and that America "is strong and has Jesus", and foreign government criticism that the debt crisis they and the GOP created affects the world financial community are "just a buncha shit".

Well, perhaps they didn't say those things. But they were thinking them.