Topic: Martin Weiss, President of Weiss Ratings-Give USA a "C" Debt Rating

[Libertas]

"Weiss Ratings based its score purely on statistics, and does not take into account qualitative factors such as political stability."

http://www.cnbc.com/id/42871647

Heh, factor in political stability and we may score worse!

 

[IronDioPriest]

I don't know how anyone in the position of betting on the future of the US economy could be optimistic given the political situation. A free market economy and the fate of all its capital is in the hands of Marxist redistributionists that show signs of a totalitarian bent. Until they're gone - and even until some mechanisms are put in place to insure they never come this close to the levers of power again - I don't see how anyone bets on the economic future of the United States.

[Libertas]

Indeed, without political change (a complete change in philosophical direction) the economy will eventually be laid waste.  Right now the remaining forces of capitalism that are left is all that stands between the Marxists and complete oblivion.  If we don't change the political landscape at a fundamental level and impose fiscal discipline we are only postponing the inevitable.

[IronDioPriest]

Surely the electoral and political mechanisms set forth in the Constitution do not require that the people entertain and tolerate interior political forces that seek to destroy the Constitution. It was never envisioned or written that we must allow the nation's destruction by a political class empowering a majority to pilfer the treasury and using the force of government to confiscate private property from the minority to pay for it.

These people who hold to philosophies and ideology antithetical to the Constitution have to be removed from power and forbidden from attaining it ever again. There are few ways I can think of to prevent people willing to lie from gaining power in an electoral system. But I can think of a few ways.

[Libertas]

Yeah, I got a few ideas on that score too...