US Credit Score: AAA to AA+

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Re: US Credit Score: AAA to AA+

Postby Glitzer » Wed Aug 10, 2011 10:49 am

BasharOfTheAges wrote:Strictly speaking, neither is, Social Security is fully funded by it's own investments; it has it's own internally balanced budget, using its revenues to pay its debts. Governmental budgets don't necessarily work like that, though. Just because you bring in as much or more than you spend as a department, doesn't mean your revenues are your own. That money could be taken in times of need and spent elsewhere. Since the paying of Social Security checks is dependent on having money to do so, and the need to pay off debt interest was deemed a higher one to keep a good credit rating, there was a chance that some or all checks would go unpaid. The president couldn't guarantee what would or wouldn't be paid because that wouldn't be his decision to make.

Both statements were true, albeit somewhat vacuous.


Appreciate the clarification. You said more in one paragraph than any politician could do in entire speeches. Contrary to my usual belief, I guess they can have it both ways :ying:

Hey Bashar, I found the website PolitiFact this morning that I quite like, do you think it's worth staying updated with?

I especially enjoy their Truth-O-Meter. Do you think it's credible?
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Re: US Credit Score: AAA to AA+

Postby BasharOfTheAges » Wed Aug 10, 2011 3:18 pm

I try to avoid actively following politics in my free time. It's far too depressing and life shortening.
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Re: US Credit Score: AAA to AA+

Postby Qyot27 » Wed Aug 10, 2011 7:12 pm

Glitzer wrote:Hey Bashar, I found the website PolitiFact this morning that I quite like, do you think it's worth staying updated with?

I especially enjoy their Truth-O-Meter. Do you think it's credible?

They have their detractors, but overall I'd say yeah, credible enough. Of course, note my location.

Also, the St. Pete Times (PolitiFact's parent paper) isn't corporately owned. To quote Wikipedia (heh, heh):
It is published by the Times Publishing Company, which is owned by The Poynter Institute for Media Studies, a nonprofit journalism school directly adjacent to the University of South Florida campus in St. Petersburg.
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Re: US Credit Score: AAA to AA+

Postby Glitzer » Wed Aug 10, 2011 10:50 pm

BasharOfTheAges wrote:I try to avoid actively following politics in my free time. It's far too depressing and life shortening.


I know I should try and emulate your attitude, especially since there isn't a dang thing I can do to influence the direction our country is headed. Even a little sleep lost as a result of politically based stress is wasteful.

My justification lies within this quote by Jefferson. Excuse the monster length, but it's one of my favorites,

"The most effectual means of preventing the perversion of power into tyranny are to illuminate, as far as practicable, the minds of the people. It is an insult to our citizens to question whether they are rational beings or not, and blasphemy against religion to suppose it cannot stand the test of truth and reason. Light and liberty go together. I look to the diffusion of light and education as the resource most to be relied on for ameliorating the condition, promoting the virtue, and advancing the happiness of man. Enlighten the people generally, and tyranny and oppressions of body and mind will vanish like evil spirits at the dawn of day. If a nation expects to be ignorant and free, in a state of civilization, it expects what never was and never will be. No nation is permitted to live in ignorance with impunity."



Qyot27 wrote:They have their detractors, but overall I'd say yeah, credible enough. Of course, note my location.

Also, the St. Pete Times (PolitiFact's parent paper) isn't corporately owned. To quote Wikipedia (heh, heh):
It is published by the Times Publishing Company, which is owned by The Poynter Institute for Media Studies, a nonprofit journalism school directly adjacent to the University of South Florida campus in St. Petersburg.


I'm grateful for your insight. I delight in media which endeavors to separate itself from party attachments. Also, it seems they leave no stone unturned during their research. Though, I may have spent more time there today than sensible :uhoh:

Have you thought about working for the paper? It would make the site/newspaper that much more interesting 8-)
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Re: US Credit Score: AAA to AA+

Postby Qyot27 » Thu Aug 11, 2011 7:14 am

I barely write anything on stuff I maintain myself, no way I'd be able to do deadline work (especially on form, either - it'd have to be a pretty well-oiled subject column or something...but besides that, I have no degree, much less in a journalistic background).
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