Fox Business News' Cavuto Says US Credit Downgrade "Welcome"

[formercia]

Source: Yahoo

Fox Business News' Cavuto Says US Credit Downgrade "Welcome"
ForbesBy Kenneth Rapoza | Forbes – 9 hrs ago


Fox News' vice president of business news, Neil Cavuto, said during the July 27 broadcast of "Your World" that a US credit downgrade would be a good thing.

"I would welcome a downgrade. I think that will be the pain that will wake people up," Cavuto said during a one-on-one interview with Fox commentator John Stossel. Earlier in the interview, Stossel said that a downgrade would not be good for the US economy.
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Read more: http://news.yahoo.com/fox-business-news-cavuto-says-us-credit-downgrade-023846107.html

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:wtf:

[Bake]

1. He probably thinks beating his kids is good, too.

Nothing like a good ass-whuppin' to make them get in line!

And just in case you need this ...

:sarcasm:

Bake

[leftofcool]

12. And his wife too.

[sendero]

2. Anything a Libertarian douche nozzle.

.... says about economics is by definition absolutely wrong.

[HughBeaumont]

3. You shouldn't really "WTF" this. It's Cavuto. And face facts, he's just a hateful partisan ASShole

I pretty much expect this sort of stupidity from that spectacled blob of dogshit at this point. I mean, it's not like a crash in the US economy means Neil Cavuto sells his mansion or eats dog food or anything. He'll be just fine.

Kind of the same logic of regressives wanting another terrorist attack to break "dem lib'ruls" out of their complacency. Amazing.

Just another member of the crew of regressives that hate this president and hate the Democratic party more than they love this country.

[Life Long Dem]

4. This isn't about Obama.

Cavuto needs to wake up.

[paparush]

5. Ok. I'm no economist, but who wins in that scenario?

Let's follow the money on this one.

Somebody's gotta stand to make a killing.

Lenders?

Who wins when the dollar tanks?

[FailureToCommunicate]

9. Glen Beck's GOLD buyers?

[Hassin Bin Sober]

24. It would take THREE economic collapses to get those SUCKERS out of the hole they started in....

... due to the exorbitant fees and mark-up they paid on that gold.

[bongbong]

26. Beck does us a favor

Adolf Beck does us a favor. He keeps his sheep buying overpriced precious metals - frequently it is sold at 3 to 5 times what you could get the exact same thing on Ebay for. Then his anti-American, hate-filled acolytes have less money to give to their other hate-filled idols like Grifter Grizzly, In-The-Closet-Perry/Graham/Mr.Bachmann/etc, and all the rest of the America-haters.

[Recursion]

18. Anyone lending money would be better off if the prime rate went up

Anyone borrowing money would be worse off. It's basically artificial deflation. (Debtors love inflation / low interest rates; creditors love deflation / high interest rates). In a debt heavy economy high rates and deflation are the same thing, since the result is to suck liquidity out of the economy.

[Mosby]

34. Some of the winners would be share holders of gold/silver ETFs.

[Amonester]

37. Wait... LendeR$... mmmm... Did you say lendeR$?

Ya mean, all these previously bailed-out crooks with the taxpayers' trillion dollars?

mmmmmm.... I guess they didn't rob US enough yet?

[plumbob]

43. Yes, interest rates generally will rise, so lenders will benefit.

Holders of Treasuries will also benefit as their older low interest notes mature and are traded for higher interest ones.

Anyone who collects interest will win. Anyone who pays will lose.

The usual "panic" buys will win for a while - gold, survival stuff.

Eric Cantor will win millions, along with everyone else who has dollars short.

[tanyev]

6. Careful what you wish for, Neil.

Asshat.

[wilt the stilt]

7. Cavuto let's lower your credit rating

That would be a good lesson for you.

[caseymoz]

8. Why don't we cut his salary by a third just to keep him on his toes.

WTF does he mean wake people up? Maybe like the Great Depression really woke up the Nazis? Is he looking for that kind of right-wing wake-up call?

[Roy Rolling]

10. Forest was right . . .

"Stupid is as stupid does"...Cavuto is a moron.

It is not "the people" that need waking up but the pundits and Republicans/Teabaggers like him that need to wake up. The numbers don't lie---tax cuts don't create jobs or increase federal revenues, they rob from both. But still, they use that line every day despite being disproven as a myth. Even George HW Bush called this theory "Voodoo Economics".

Wake up, Cavuto, your ignorance and political bias is showing.

[jberryhill]

11. That's easy to understand....

"the pain that will wake people up"

In other words:

Not enough people agree with me. Therefore, they need to feel pain until they do.

Very simple.

[formercia]

13. Sure, so let's lay off a few Million workers

Great thinking Neil. Asshat.

[City Lights]

14. Join the circus, Neil. Barnum and Bailey could use a guy like you.

:+

[Major Hogwash]

15. Did Stossel whip out his line "Gimme a break" Ha ha ha ha ha

This reminds me of 2 little kids talking to each other in the restroom in the 4th grade talking about who can go faster on their bikes.
They're both lying to each other, trying to top the other guy's lie!!

[Recursion]

16. It's another reason they hate SS, too: it makes borrowing cheaper

Having the Trust Fund buy up bonds for the past three decades made borrowing cheaper -- conservatives really hated that.

[blackspade]

17. Hey Neil!

Most of us are already feeling the pain thanks to you and the rethug douchebags you shill for.

Maybe he and his rich buddies can take a huge tax hike and feel the pain like the rest of us.

[WingDinger]

19. Wrote a song about it, and it goes like this

http://journals.democraticunderground.com/WingDinger/111

[Lucky Luciano]

20. Why does Neil Cavuto hate America? nt

[Enrique]

21. shock doctrine n/t

[denverbill]

22. I bet this asshole is shorting the dollar.

Nice of Fox News to give him air time to pump up his position.

[Historic NY]

23. Happy Days for the GOP...greedy old pricks.

[joeglow3]

25. I agree completely with him.

Too many people are quick to hate ANYTHING said by people on the other side of the aisle. Democrats should win EVERY SINGLE election, but don't because we have such a large apathetic, lazy population. Hopefully, seeing a SMALL taste of where we are heading without raising additional revenues would wake them up and get them to participate in saving our country.

[Name removed]

27. Deleted message

Message removed by moderator. Click here to review the message board rules.

[Fearless]

28. Asshat.

[SoapBox]

29. Well WTF?

What a jackass.

Man...and to think that we used to watch him on Nightly Business News and think that the was a smart young man.

Then he sells his soul to the Satan Murdoch and vomits shit up like in the Exorcist.

...dick.

[NickB79]

30. Another Great Depression would wake people up, to the assraping the top 1% have been doing

To the other 99% of us all these years.

Look back to the 1930's. What did we as a nation do after that wake-up call? We enacted social programs and initiated intense government spending to help the less fortunate and most in need. I have a feeling that another Great Depression would end very poorly for those on the top, when the rest of us below are suffering so much.

So, Mr. Cavuto may be right, but not how he thinks he is.

[No Elephants]

39. Despite all the talk to the contrary, I think we are in a depression. Maybe not as "great"

as the last one, but people are out of work for two and three years, some more, especially those who lost jobs at age 45 or 50.

If we're in "recovety," I'd rather be ill.

[florida08]

31. sadistic cretin

ahh but wait till the goppers are thrown so far from Washington along with Murdoch being hurt so bad his stock plummets..what will Cavuto be singing then..

[sakabatou]

32. WTF indeed

[daleo]

33. The French Revolution was rather painful, especially for the rich elites

This guy better think twice about "pain waking people up". You never know how that pain will get spread around.

[formercia]

40. At least it was quick

Beats starving to death.

[Rex]

35. Neil Cavuto is a fucking idiot.

The fact that he is VP of business news, means his 3 braincells gave him an advantage over his 'peers' at Foxnews.

[Amonester]

36. Oh... cavuto mafioso...

So cavuto mafioso wants his bunch of bailed-out crooks to make a 'neo' killing on the backs of their most vulnerable victims.

How sweet. :puke:

Tell me why that mafioso cavuto is allowed to plot against the good of the people on teevee, mmmm?

[Major Hogwash]

38. This is the stupidest thing Cavuto has ever said, and that is really saying a lot.

Because that moron has a long history of spouting stupid statements.
He wouldn't be on the Faux Snooze Bidness channel if he didn't!!

[formercia]

41. Just wait.

It's not over yet. Cavuto still has time for a Duzy.

[Major Hogwash]

42. No kidding. There's no limit to the amount of Acts that Cavuto can stage on his own show.

And the number of completely inane stupid comments he can make in Act II "The Wrath of Con".

Sort of like the Star Trek movie sequel, except more obtuse with even hammier acting by Cavuto than Shatner.